Acquisitions (Tables)

3 Months Ended

Mar. 31, 2017

Business Acquisition [Line Items]

Schedule of Acquisitions

The Company purchased the following property from an unaffiliated third party subsequent to March 31, 2017:

Date Acquired	Property Name	Location	Square Footage		Purchase Price
4/3/2017	Pentucket Shopping Center	Plaistow, NH		199,335	$	24,500
		Total		199,335	$	24,500

Schedule of Major Assets Acquired and Liabilities Assumed

The following table presents certain additional information regarding the Company’s acquisitions during the three months ended March 31, 2017. The amounts recognized for major assets acquired and liabilities assumed as of the acquisition date are as follows:

	Three Months Ended March 31,
	2017
Land	$	11,155
Building and improvements		27,475
Acquired lease intangible assets, net		7,084
Acquired intangible liabilities, net		(4,141	)
Assumed liabilities, net		(17	)
Total	$	41,556

2017 Acquisitions [Member]

Business Acquisition [Line Items]

Schedule of Acquisitions

2017 Acquisitions

During the three months ended March 31, 2017, the Company, through its wholly owned subsidiary, acquired the property listed below from an unaffiliated third party and financed entirely the acquisition with proceeds from its credit agreement with KeyBanc Capital Markets Inc. (the “Credit Facility”).

Date Acquired	Property Name	Location	Property Type	Square Footage		Purchase Price
1st Quarter
1/27/2017	Wilson Marketplace	Wilson, NC	Multi-Tenant Retail		311,030	$	40,799
					311,030	$	40,799