XML 52 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
REAL ESTATE PROPERTIES (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Integer
Sep. 30, 2017
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Real Estate Properties [Line Items]            
Percentage of occupancy to qualify as value-add property       75.00%    
Percentage of acquisition price to be spent on capital items to qualify as value-add property       20.00%    
Number of properties impacted by involuntary conversion | Integer   2        
Amortization expense for lease intangibles $ 1,157,000   $ 1,101,000 $ 3,202,000 $ 3,455,000  
Depreciation Expense During the Period 18,960,000   17,323,000 55,785,000 51,070,000  
Real Estate Properties            
Land 376,658,000     376,658,000   $ 345,424,000
Building and building improvements 1,703,237,000     1,703,237,000   1,587,130,000
Tenant and other improvements 431,751,000     431,751,000   404,180,000
Development and value-add properties [1] 244,761,000     244,761,000   242,014,000
Real estate, development and value-add properties 2,756,407,000     2,756,407,000   2,578,748,000
Less accumulated depreciation (796,037,000)     (796,037,000)   (749,601,000)
Real estate, net 1,960,370,000     1,960,370,000   1,829,147,000
Rental Income Increase Decrease For Amortization Of Acquired In Place Lease Intangibles (217,000)   $ (129,000) (477,000) (406,000)  
Gain on casualties and involuntary conversion   $ 1,150,000   $ 1,150,000 $ 0  
Building [Member]            
Real Estate Properties [Line Items]            
Property, Plant and Equipment, Useful Life       40 years    
Minimum [Member] | Improvements [Member]            
Real Estate Properties [Line Items]            
Property, Plant and Equipment, Useful Life       3 years    
Maximum [Member] | Improvements [Member]            
Real Estate Properties [Line Items]            
Property, Plant and Equipment, Useful Life       15 years    
2018 Acquisitions [Member]            
Real Estate Properties            
Total cost of properties purchased       $ 66,868,000    
Amount of total cost allocated to land 22,461,000     22,461,000    
2017 Acquisitions [Member]            
Real Estate Properties            
Total cost of properties purchased           65,243,000
Amount of total cost allocated to land           11,281,000
Below market lease [Member] | 2018 Acquisitions [Member]            
Real Estate Properties            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 1,618,000     1,618,000    
Below market lease [Member] | 2017 Acquisitions [Member]            
Real Estate Properties            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles           385,000
Above Market Leases [Member] | 2018 Acquisitions [Member]            
Real Estate Properties            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 21,000     21,000    
Above Market Leases [Member] | 2017 Acquisitions [Member]            
Real Estate Properties            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles           115,000
Industrial Development [Member] | 2018 Acquisitions [Member]            
Real Estate Properties            
Amount of total cost allocated to real estate properties $ 13,934,000     $ 13,934,000    
Industrial Development [Member] | 2017 Acquisitions [Member]            
Real Estate Properties            
Amount of total cost allocated to real estate properties           $ 10,312,000
[1] Value-add properties are defined as properties that are either acquired but not stabilized or can be converted to a higher and better use. Acquired properties meeting either of the following two conditions are considered value-add properties: (1) Less than 75% occupied as of the acquisition date (or will be less than 75% occupied within one year of acquisition date based on near term lease roll), or (2) 20% or greater of the acquisition cost will be spent to redevelop the property.