LucieFLMember2020-12-310001581068brx:EastPortPlazaPortSt. AugustineFLMember2020-12-310001581068brx:CobblestoneVillageSt. The Parent Company does not incur any material indebtedness. The Operating Partnership holds substantially all of our assets. See "Impacts on Business from COVID-19" in Item 7. " Our income is substantially derived from rental income on real property. We intend to continue to sell non-strategic shopping centers. Our leverage could have important consequences to us. Incap is capitalized in accordance with the applicable regulatory requirements. Management intends to satisfy these requirements and maintain BPG's REIT status. BPG's future distributions will be at the sole discretion of BPG's Board of Directors. As of December 31, 2020, the Program had $375.0 million of available repurchase capacity. As discussed below, the COVID-19 pandemic is significantly impacting our business. ABR PSF includes the GLA of lessee-owned leasehold improvements. Actual results could ultimately differ from those estimates. The fair value of tangible assets is determined as if the acquired property is vacant. All internal control systems, no matter how well designed, have inherent limitations. We believe that our audits provide a reasonable basis for our opinion. F-11BRIXMOR PROPERTY GROUP INC. These agreements meet the criteria for recognition as leases under ASC 842. The standard became effective for the Company on January 1, 2020. In October 2018, the FASB issued ASU 2018-16, Derivatives and Hedging (Topic 815). These intangible assets are accreted over the term of each related lease. These renewal options range from as little as one month to five or more years. Tranches that only have a service-based component can only earn a target number of units. Holders of our common stock generally have no appraisal rights. We refer to these restrictions, collectively, as the "ownership limit." .1Z\'O7-:G\\&M"U?PCH7AV]U+5GM M="DWVLOG1^:WHK\'R\\$ ,?# 1110 4444 %%%% M!1110 4444 %%%% ! 6C6=H?\\ R#Y?^ORZ_P#1\\E & MC1110 4444 %%%% ! M1110 4444 %%5I+IDU:"T"@K+!+*6[@JT8Q_X^?RJS0 4444 %%%% ! D_PK1HH SO\\ A\'M% M_P"@18?^ R?X4?\\ "/:+_P! PetersburgFLMember 2020-12-31 0001581068 brx:RutlandPlazaSt.