XML 43 R41.htm IDEA: XBRL DOCUMENT v3.20.1
Transactions (Acquisitions Narrative) (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended
Mar. 13, 2020
USD ($)
ft²
Jan. 24, 2020
USD ($)
component
$ / shares
shares
Dec. 09, 2019
USD ($)
ft²
Tenant
Dec. 02, 2019
USD ($)
ft²
Dec. 31, 2019
USD ($)
Mar. 31, 2020
USD ($)
ft²
Mar. 31, 2020
USD ($)
ft²
Mar. 31, 2019
USD ($)
Business Acquisition [Line Items]                
Compensation expense             $ 4,348 $ 1,539
Square feet of real estate | ft²           6,300,000 6,300,000  
Terminal Warehouse | Corporate Joint Venture                
Business Acquisition [Line Items]                
General partnership interest 33.00%              
Economic interest 8.65%         8.65% 8.65%  
Square feet of real estate | ft² 1,200,000              
Debt term 2 years              
Maximum borrowing capacity $ 650,000              
Outstanding balance           $ 625,500 $ 625,500  
Extension term             1 year  
Preferred OP Units                
Business Acquisition [Line Items]                
Vesting period   4 years            
Normandy Acquisition                
Business Acquisition [Line Items]                
Number of components | component   2            
Cash payment   $ 14,000            
Transaction costs related to acquisition           12,100 $ 12,100  
Additional revenue since acquisition date           5,200    
Net income since acquisition date           $ 700    
Normandy Acquisition | Preferred OP Units                
Business Acquisition [Line Items]                
Number of shares to be issued for acquisition (in shares) | shares   3,264,151            
Liquidation preference (in dollars per share) | $ / shares   $ 26.50            
Estimated fair value (in dollars per share) | $ / shares   $ 24.43            
Compensation expense   $ 24,400            
Vesting period   4 years            
201 California Street                
Business Acquisition [Line Items]                
Purchase price     $ 238,900          
Additional revenue since acquisition date         $ 1,400      
Net income since acquisition date         $ 100      
Square feet of real estate | ft²     252,000          
Leased percentage     99.00%          
Number of tenants | Tenant     34          
Ownership percentage     100.00%          
201 California Street | First Republic Bank | Customer Concentration Risk                
Business Acquisition [Line Items]                
Concentration risk, percentage     13.00%          
201 California Street | Dow Jones & Company, Inc. | Customer Concentration Risk                
Business Acquisition [Line Items]                
Concentration risk, percentage     12.00%          
201 California Street | Cooper, White & Cooper, LLP | Customer Concentration Risk                
Business Acquisition [Line Items]                
Concentration risk, percentage     12.00%          
101 Franklin Street                
Business Acquisition [Line Items]                
Purchase price       $ 205,500        
Square feet of real estate | ft²       235,000        
Ownership percentage       92.50%