Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

Business Combinations [Abstract]

Summary of Allocation of Purchase Price Between Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of purchase price between the assets acquired and liabilities assumed on the date of acquisition

(Amounts in thousands)	The Company
Land	$	127,688
Building and improvements		376,702
In-place lease intangible assets		29,092
Above-market lease intangible assets		968
Below-market lease intangible liabilities		(16,921	)
Net assets acquired	$	517,529		(1)

⁽¹⁾ Represents the purchase price of $521,000, net of a $3,471 assumed tenant improvement obligation.