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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2017
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)

 

 

 

 

Purchase price allocation:

 

 

 

 

Land

 

$

141,097

 

Building and improvements

 

 

343,819

 

In-place lease intangible assets

 

 

27,965

 

Above-market lease intangible assets

 

 

2,976

 

Accounts receivable and other assets

 

 

1,338

 

Below-market lease intangible liabilities

 

 

(11,472

)

Accounts payable and other liabilities

 

 

(6,532

)

Notes and mortgages payable

 

 

(228,000

)

Net assets acquired

 

$

271,191