Real Estate Investments (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Consolidated and Combined Results of Operations on Pro Forma Basis

The following table summarizes the consolidated results of operations of the Company on a pro forma basis, as if each of these properties had been acquired on January 1, 2014 (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(Unaudited)
Rental revenues	$	19,971	$	16,146	$	39,031	$	32,183
Net income		10,704		2,351		18,949		4,418

Stone House Square And Mary Land And Perry Hall Market Place [Member]

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the acquisition date estimated fair values of the assets acquired and liabilities assumed during the six months ended June 30, 2015 (in thousands):

Land	$	9,600
Site improvements		2,290
Building and improvements		22,376
In-place leases		6,810
Above-market leases		1,710
Below-market leases		(2,980	)
Net assets acquired	$	39,806