Real Estate Properties (Tables)

3 Months Ended

Mar. 31, 2016

Real Estate Properties

Schedule of purchase prices of acquisitions allocated based on the estimated fair values of the acquired assets and assumed liabilities

Number

of

Buildings

Acquired

Other

Acquisition

Properties/

Square

Purchase

and

Acquired

Lease

Assumed

Date

Location

Type

Buildings

Feet

Price

Land

Improvements

Leases

Obligations

Liabilities

January 2016

Sacramento, CA

Office

1 / 1

337,811

$

79,244

$

4,658

$

61,330

$

13,525

$

(269)

$

—

Summarized balance sheet information for properties classified as held for sale

	March 31,		December 31,
	2016		2015
Real estate properties, net	$	3,071	$	3,071
Rents receivable		-		1
Other assets		27		26
Assets of property held for sale	$	3,098	$	3,098
Other liabilities	$	32	$	43
Liabilities of property held for sale	$	32	$	43

Summarized balance sheet and income statement information for properties classified as discontinued operations

Balance Sheets:

	March 31,		December 31,
	2016		2015
Real estate properties, net	$	12,260	$	12,260
Rents receivable		17		-
Other assets		225		208
Assets of discontinued operations	$	12,502	$	12,468
Other liabilities	$	75	$	54
Liabilities of discontinued operations	$	75	$	54

Statements of Operations

	Three Months ended March 31,
	2016		2015
Rental income	$	28	$	31
Real estate taxes		(23)		(70)
Utility expenses		(50)		(67)
Other operating expenses		(76)		(71)
General and administrative		(28)		(29)
Loss from discontinued operations	$	(149)	$	(206)