Store Acquisitions and Dispositions

6 Months Ended

Jun. 30, 2018

STORE ACQUISITIONS AND DISPOSITIONS

The following table shows the Company’s acquisitions of stores for the three and six months ended June 30, 2018 and 2017. The table excludes purchases of raw land or improvements made to existing assets. All acquisitions are considered asset acquisitions under ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business."



		Consideration Paid																	Total
Quarter	Number of Stores	Total		Cash Paid		Loan Assumed		Non- controlling interests		Investments in Real Estate Ventures			Net Liabilities/ (Assets) Assumed			Value of OP Units Issued		Number of OP Units Issued	Real estate assets
Q2 2018⁽¹⁾	17	$	237,284	$	148,648	$	87,500	$	—	$	(1,024	)	$	283		$	1,877	21,768	$	237,284
Q1 2018	5	70,787		70,171		—		—		489			127			—		—	70,787
	22	$	308,071	$	218,819	$	87,500	$	—	$	(535	)	$	410		$	1,877	21,768	$	308,071

Q2 2017	3	$	34,641	$	16,608	$	9,463	$	1,827	$	—		$	(67	)	$	6,810	272,400	$	34,641
Q1 2017	2	25,556		25,541		—		—		—			15			—		—	25,556
	5	$	60,197	$	42,149	$	9,463	$	1,827	$	—		$	(52	)	$	6,810	272,400	$	60,197

⁽¹⁾ Store acquisitions during the three and six months ended June 30, 2018 include the acquisition of 15 stores that had been owned by joint ventures in which the Company held equity interests. No gain or loss was recognized as a result of these acquisitions.