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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2017
REO Portfolio  
Schedule of measurement period adjustments

The following table summarizes the measurement period adjustment applied to this property’s initial provisional acquisition date balance sheet (amounts in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Measurement

    

 

 

 

Initial

 

Period

 

Adjusted

Assets acquired:

 

Amounts

 

Adjustments

 

Amounts

Properties

 

$

12,087

 

$

660

 

$

12,747

Intangible assets

 

 

4,270

 

 

(802)

 

 

3,468

Other assets

 

 

97

 

 

 —

 

 

97

Total assets acquired

 

 

16,454

 

 

(142)

 

 

16,312

Liabilities assumed:

 

 

 

 

 

 

 

 

 

Accounts payable, accrued expenses and other liabilities

 

 

1,539

 

 

(142)

 

 

1,397

Total liabilities assumed

 

 

1,539

 

 

(142)

 

 

1,397

Non-controlling interests

 

 

3,084

 

 

 —

 

 

3,084

Net assets acquired

 

$

11,831

 

$

 —

 

$

11,831