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Acquisitions of Rental Property - Purchase Price Allocation for Real Estate Acquisitions (Detail) - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Business Acquisition [Line Items]    
Non-real estate liabilities assumed $ (8,051) $ 0
Business combination, recognized identifiable assets acquired and liabilities assumed, assets 378,048 284,325
Land    
Business Acquisition [Line Items]    
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment 77,088 48,477
Land Improvements    
Business Acquisition [Line Items]    
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment 26,002 15,844
Buildings and Improvements    
Business Acquisition [Line Items]    
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment 253,500 197,064
Acquired In-Place Leases    
Business Acquisition [Line Items]    
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets [1] 29,585 22,729
Acquired Above-Market Lease    
Business Acquisition [Line Items]    
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets [2] 0 211
Acquired Below-Market Leases    
Business Acquisition [Line Items]    
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets [3] $ 76 $ 0
[1] The weighted average amortization period for acquired in-place leases is 20 years and 14 years for acquisitions completed during the six months ended June 30, 2022 and 2021, respectively.
[2] The weighted average amortization period for the acquired above-market leases is 10 years for acquisitions completed during the six months ended June 30, 2021. There were no above-market leases acquired during the six months ended June 30, 2022.
[3] The weighted average amortization period for acquired below-market leases is nine years for acquisitions completed during the six months ended June 30, 2022. There were no below-market leases acquired during the six months ended June 30, 2021.
(g)
Excludes $17.4 million building expansion agreed to as a forward commitment in connection with a prior acquisition (see Note 18).