Real Estate Asset Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Real Estate [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The allocation of purchase price to assets acquired and liabilities assumed is as follows (in millions):

Fair value of assets acquired and liabilities assumed
Assets acquired:
Land	$	106.9
Property and improvements	91.3
In-place leases	23.2
Favorable leases	4.3
Total assets acquired	$	225.7
Liabilities assumed:
Unfavorable leases	$	7.3
Total liabilities assumed	7.3
Net assets acquired	$	218.4