ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2020

ACQUISITIONS

Schedule of acquisitions

Date	Property Name	Location	Property Type	Units/ Square Footage/ Acres		Acquisition Price
1/12/20	Wolf Creek	Fargo, ND	Apartment complex	54 units	$	4,968
1/31/20	Columbia Park Village	Grand Forks, ND	Apartment complex	12 units		612
3/1/20	Belmont East & West	Bismarck, ND	Apartment complex	26 units		1,494
3/1/20	Eastbrook	Bismarck, ND	Apartment complex	24 units		1,296
3/1/20	Hawn	Fargo, ND	Apartment complex	48 units		2,400
3/1/20	Rosser	Bismarck, ND	Apartment complex	24 units		1,296
					$	12,066	(a)

(a) Acquisition price does not include capitalized closing costs and adjustments totaling $636, special assessments assumed and capitalized of $168 or additional costs incurred due to difference in unit price of $26.

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

	Three Months Ended
	March 31,
		2020		2019
Land, building, tenant improvements and FF&E	$	12,896	$	-
Other liabilities		(265)		-
Net assets acquired		12,631		-
Equity/limited partnership unit consideration		(9,031)		-
New loans		(3,225)		-
Net cash consideration	$	375	$	-