XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments (Tables)
3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The financial information set forth below summarizes the Company’s purchase price allocation for the properties acquired during the three months ended March 31, 2017 (in thousands).

 
March 31, 2017
ASSETS
 

Land
$
18,467

Building and improvements
73,367

Acquired lease intangible assets
476

Deferred charges
540

Assets acquired
$
92,850

LIABILITIES
 

Acquired lease intangible liabilities
$
1,118

Liabilities assumed
$
1,118

Condensed Income Statement
The following table summarizes the operating results included in the Company’s historical consolidated statement of operations for the three months ended March 31, 2017, for the properties acquired during the three months ended March 31, 2017 (in thousands).

 
Three Months Ended March 31, 2017
Statement of operations:
 

Revenues
$
329

Net income attributable to Retail Opportunity Investments Corp.
$
74