Investments in Real Estate (Tables)

9 Months Ended

Sep. 30, 2015

Investments [Abstract]

Schedule of Purchase Price Allocation

The allocations for these investments are set forth below in the aggregate (in thousands):

	September 30, 2014
Land	$	70,609
Building and improvements	227,458
Below market leasehold interests	98
Above market leases	1,708
In place leases	22,233
Below market leases	(953		)
Above market debt, net	(2,664		)
Net assets acquired	318,489
Other, net	(939		)
Aggregate purchase price	$	317,550

Since the investments were determined to be individually not significant, but significant on a collective basis, the allocations for the 2015 investments are set forth below in the aggregate (in thousands):

	September 30, 2015
Land	$	13,286
Building and improvements	229,386
Below market leasehold interests	2,698
Above market leases	1,254
In place leases	22,414
Below market leases	(8,206		)
Above market leasehold interests	(7,725		)
Net assets acquired	253,107
Other, net	1,503
Aggregate purchase price	$	254,610