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Real Estate Investment (Tables)
 6 Months Ended
Jun. 30, 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 intangible liabilities assumed for the six operating properties purchased during the six months ended June 30, 2019 (in thousands):
 
 
Wendover Village additional outparcel
 
One City Center
 
1405 Point
 
Red Mill Commons
 
Marketplace at Hilltop
 
Thames Street Wharf
Land
 
$
1,633

 
$
2,678

 
$
—

(a)
$
44,252

 
$
2,023

(b)
$
15,861

Site improvements
 
50

 
163

 
298

 
2,558

 
691

 
150

Building and improvements
 
888

 
28,039

 
92,866

 
27,790

 
19,195

 
64,539

Furniture and fixtures
 
—

 
—

 
2,302

 
—

 
—

 
—

In-place leases
 
101

 
15,140

 
3,371

 
9,973

 
4,565

 
24,385

Above-market leases
 
111

 
—

 
—

 
1,463

 
599

 
—

Below-market leases
 
—

 
—

 
—

 
(6,221
)
 
(1,136
)
 
(3,636
)
Finance lease liabilities
 
—

 
—

 
(8,671
)
 
—

 
(9,200
)
 
—

Finance lease right-of-use assets
 
—

 
—

 
11,730

 
—

 
12,770

 
—

Net assets acquired
 
$
2,783

 
$
46,020

 
$
101,896

 
$
79,815

 
$
29,507

 
$
101,299


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(a) Land is subject to a ground lease.
(b) Portion of land is subject to a ground lease.