ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of acquisition date fair values, before prorations recorded in conjunction with acquisitions

	Nine Months Ended
	September 30,
		2019		2018
Land, building, tenant improvements and FF&E	$	-	$	8,326
Other liabilities		-		(71)
Net assets acquired		-		8,255
Equity/limited partnership unit consideration		-		(2,176)
Restricted cash proceeds related to IRC Section 1031 tax-deferred exchange	-		(3,004)
Net cash consideration	$	-	$	3,075

Real Estate Property Acquisitions 2018

Schedule of acquisitions

Date	Property Name	Location	Property Type	Units/ Square Footage/ Acres		Acquisition Price
3/1/18	Thunder Creek Apartments	Fargo, ND	Apartment complex	57 units	$	4,460	(a)
9/1/18	Chandler 1834	Grand Forks, ND	Apartment complex	12 units		630
9/17/18	Dairy Queen (b)	Apple Valley, MN	Retail building	5,348 sq. ft.		3,000
					$	8,090	(b)

(a) The property was acquired utilizing Internal Revenue Code 1031 tax-deferred exchange funds..

(b) Acquisition price does not include capitalized costs and adjustments of $236.