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Real Estate Investment (Tables)
9 Months Ended
Sep. 30, 2018
Real Estate [Abstract]  
Summary of the purchase price allocation
The following table summarizes the purchase price allocation (including acquisition costs) based on relative fair value of the assets acquired and liabilities assumed for the three operating properties purchased during the nine months ended September 30, 2018 (in thousands):
 
 
Indian Lakes Crossing
 
Parkway Centre
 
Lexington Square
Land
 
$
10,926

 
$
1,372

 
$
3,036

Site improvements
 
531

 
696

 
7,396

Building and improvements
 
1,913

 
7,168

 
10,387

In-place leases
 
1,648

 
2,346

 
4,113

Above-market leases
 
11

 

 
89

Below-market leases
 
(175
)
 
(10
)
 
(447
)
Net assets acquired
 
$
14,854

 
$
11,572

 
$
24,574