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Acquisitions and Dispositions (Tables)
9 Months Ended
Sep. 30, 2017
Summary of assets acquired and liabilities assumed

The following table summarizes the identified assets acquired and liabilities assumed as of the acquisition date (amounts in thousands):

 

 

 

 

 

 

 

2017

 

    

REIS Equity

Assets acquired:

 

Portfolio

Properties

 

$

34,902

Intangible assets

 

 

4,272

Other assets

 

 

 1

Total assets acquired

 

 

39,175

Liabilities assumed:

 

 

 

Accounts payable, accrued expenses and other liabilities

 

 

1,329

Total liabilities assumed

 

 

1,329

Net assets acquired

 

$

37,846

 

REIS Equity Portfolio  
Schedule of measurement period adjustments

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

 

 

 

 

 

 

 

 

 

 

 

2016 Acquisition Adjustment

 

 

    

Measurement

    

 

 

Initial

 

Period

 

Adjusted

Assets acquired:

Amounts

 

Adjustment

 

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