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Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Dividend Declared
On May 4, 2017, the Company’s Board of Directors declared a quarterly common stock dividend in the amount of $0.39 per share. The dividend is payable on June 2, 2017 to stockholders of record on May 19, 2017.

Property Acquisitions
Since March 31, 2017 and through May 9, 2017, the Company acquired six real estate properties totaling approximately 79,900 square feet for an aggregate purchase price of approximately $4.1 million, including cash consideration of approximately $4.2 million. Upon acquisition, the properties were 100% leased with lease expirations through 2032.