Real Estate Investments (Tables)

12 Months Ended

Dec. 31, 2017

The financial information set forth below summarizes the Company’s purchase price allocation for the properties acquired during the years ended December 31, 2017 and 2016 (in thousands).



	December 31, 2017		December 31, 2016
Assets
Land	$	109,356	$	96,113
Building and improvements	265,040		258,584
Acquired lease intangible asset	22,024		19,667
Deferred charges	8,034		6,876
Assets acquired	$	404,454	$	381,240
Liabilities
Mortgage notes assumed	$	46,034	$	17,618
Acquired lease intangible liability	45,456		32,615
Liabilities assumed	$	91,490	$	50,233

Business Acquisition, Pro Forma Information

The pro forma financial information set forth below is presented for informational purposes only and may not be indicative of what actual results of operations would have been had the transactions occurred as if they occurred on January 1 2015, nor does it purport to represent the results of future operations. The below pro forma financial information does not include asset acquisitions that occurred during the year ended December 31, 2017 or the three months ended December 31, 2016 (in thousands).



	Year Ended December 31, 2016
Statement of operations:
Revenues	$	245,116
Net income attributable to Retail Opportunity Investments Corp.	$	33,169

Condensed Income Statement

The following table summarizes the operating results included in the Company’s historical consolidated statement of operations for the year ended December 31, 2016 for the properties acquired during the year ended December 31, 2016 (in thousands).



	Year Ended December 31, 2016
Statement of operations:
Revenues	$	15,230
Net income attributable to Retail Opportunity Investments Corp.	$	2,513

The following table summarizes the operating results included in the Company’s historical consolidated statement of operations for the year ended December 31, 2017 for the properties acquired during the year ended December 31, 2017 (in thousands).



	Year Ended December 31, 2017
Statement of operations:
Revenues	$	13,500
Net income attributable to Retail Opportunity Investments Corp.	$	2,948