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Real Estate Investment (Tables)
9 Months Ended
Sep. 30, 2020
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 Nexton Square acquisition (in thousands):
 
 
Nexton Square
Land
 
$
9,885

Site improvements
 
3,690

Building and improvements
 
24,070

In-place leases
 
5,239

Below-market leases
 
(1,877
)
Fair value adjustment on acquired debt
 
364

Net assets acquired
 
$
41,371