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Store Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Schedule of Operating Properties Acquired
The following table shows the Company’s acquisitions of operating stores for the six months ended June 30, 2017. The table excludes purchases of raw land or improvements made to existing assets.
 
 
 
 
 
 
Consideration Paid
 
 
 
Total
Property Location
Number of Stores
 
Date of Acquisition
 
Total
Cash Paid
Loan Assumed
Non- controlling interests
Net Liabilities/(Assets) Assumed
Value of OP Units Issued
Number of OP Units Issued
 
Real estate assets
Florida
1
 
6/12/2017
 
$
11,100

$
4,270

$
—

$
—

$
20

$
6,810

272,400

 
$
11,100

Florida
1
 
4/25/2017
 
7,377

7,400

—

—

(23
)
—

—

 
7,377

Pennsylvania
1
 
4/11/2017
 
16,164

4,938

9,463

1,827

(64
)
—

—

 
16,164

Illinois
1
 
2/1/2017
 
9,028

9,020

—

—

8

—

—

 
9,028

Georgia
1
 
1/6/2017
 
16,528

16,521

—

—

7

—

—

 
16,528

2017 Totals
5
 

 
$
60,197

$
42,149

$
9,463

$
1,827

$
(52
)
$
6,810

272,400

 
$
60,197