Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Carried at Fair Value

The following tables show the Company’s financial assets and liabilities carried at fair value as of December 31, 2016 and 2015, as follows (in thousands):

	Fair Value Measurement as of December 31, 2016		Level 1		Level 2		Level 3
Liabilities:
Derivative instrument	$	416	$	—	$	416	$	—

	Fair Value Measurement as of December 31, 2015		Level 1		Level 2		Level 3
Assets:
Real estate investment properties, net	$	184,061	$	—	$	—	$	184,061
Assets held for sale, net	40,588		—		—		40,588
	224,649		—		—		224,649
Liabilities:
Derivative instrument	$	618	$	—	$	618	$	—