Real Estate Investment (Tables)

3 Months Ended

Mar. 31, 2019

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 two operating properties purchased during the three months ended March 31, 2019 (in thousands):

	Wendover Village additional outparcel		One City Center
Land	$	1,633	$	2,678
Site improvements	50		163
Building and improvements	888		28,039
In-place leases	101		15,140
Above-market leases	111		—
Net assets acquired	$	2,783	$	46,020