Real Estate Acquisitions and Dispositions (Tables)

9 Months Ended

Sep. 30, 2020


Location	Property Type (1)	Date Acquired	Purchase Price		Cash Consideration		Real Estate		Other (2)		Square Footage
			(000's)		(000's)		(000's)		(000's)
San Antonio, TX	MOB	01/27/20	$	4,003	$	4,022	$	4,036	$	(14)	13,500
San Antonio, TX	MOB	01/27/20	1,931		1,955		1,961		(6)		6,500
Decatur, AL	MOB	02/18/20	5,784		5,792		5,777		15		35,943
Ramona, CA	SC	03/13/20	4,100		4,124		4,143		(19)		11,300
Cuero, TX	SC	03/18/20	2,153		2,174		2,207		(33)		15,515
Rogers, AR	IRF	03/27/20	19,000		18,317		19,042		(725)		38,817
Oak Lawn, IL (Land)	MOB	04/20/20	400		403		421		(18)		—
Germantown, TN	SC	04/29/20	3,900		3,949		3,949		—		10,600
Westlake, OH	SC	06/05/20	2,443		2,456		2,487		(31)		15,057
Columbus, IN (3)	SC	06/05/20	1,813		1,828		1,787		41		13,969
Niceville, FL	MOB	06/15/20	2,294		2,340		2,344		(4)		10,250
Greensburg, PA	MOB	06/16/20	3,389		3,484		3,497		(13)		15,650
Gardendale, AL	MOB	06/24/20	2,948		2,935		2,878		57		12,956
Prattville, AL	MOB	06/24/20	4,091		4,111		4,078		33		13,319
Jensen Beach, FL (Land)	MOB	09/18/20	1,050		1,055		1,075		(20)		—
			$	59,299	$	58,945	$	59,682	$	(737)	213,376

(1) MOB - Medical Office Building; SC - Specialty Center; IRF - Inpatient Rehabilitation Facility
(2) Includes, but is not limited to, above- and below-market lease intangibles, liabilities assumed, and security deposits.
(3) The Company assumed a ground lease in connection with this acquisition that is classified as an operating lease. The present value of future lease payments and the right-of-use asset, each totaling approximately $0.2 million, are included in other liabilities and other assets, respectively, on the Company's Condensed Consolidated Balance Sheets.

Schedule of assets acquired and liabilities assumed

The following table summarizes the relative fair values of the assets acquired and liabilities assumed in the property acquisitions for the nine months ended September 30, 2020.


			Relative Fair Value		Estimated Useful Life
			(in thousands)		(in years)
Land and land improvements			$	12,398	8.5
Building and building improvements			41,709		30.2
Intangibles:
	At-market lease intangibles		5,575		5.4
	Above-market lease intangibles		292		4.8
	Below-market lease intangibles		(111)		3.1
		Total intangibles	5,756
Accounts receivable and other assets acquired			247
Accounts payable, accrued liabilities and other liabilities assumed			(827)
Prorated rent, interest and operating expense reimbursement amounts collected			(338)
	Total cash consideration		$	58,945