Subsequent Events

3 Months Ended

Mar. 31, 2014

Subsequent Events

17. Subsequent Events

On April 14, 2014, we granted 71,990 shares of restricted common stock to employees of the Company with a grant date fair value of approximately $1.0 million.  These shares will vest in four equal annual installments on each of the four anniversaries of the date of grant.

On April 17, 2014, we acquired the property located at 1700 Saturn Way located in Seal Beach, CA for a contract price of $21.1 million using funds from our revolving credit facility.  The property consists of one single-tenant industrial building totaling 170,865 square feet situated on 9.24 acres of land.