ACQUISITIONS AND DISPOSITIONS

3 Months Ended

Mar. 31, 2021

ACQUISITIONS

We acquired $76.9 million in new real estate during the three months ended March 31, 2021, compared to $46.3 million in the three months ended March 31, 2020. Our acquisitions during the three months ended March 31, 2021 and 2020 are detailed below.

Three Months Ended March 31, 2021


	Date Acquired	(in thousands)
		Total Acquisition Cost		Form of Consideration		Investment Allocation
Acquisitions				Cash		Land		Building		Intangible Assets
256 homes - Union Pointe - Longmont, CO	January 6, 2021	$	76,900	$	76,900	$	5,727	$	69,966	$	1,207

Three Months Ended March 31, 2020


	Date Acquired	(in thousands)
		Total Acquisition Cost		Form of Consideration				Investment Allocation
Acquisitions				Cash		Other(1)		Land		Building		Intangible Assets		Other(2)

182 homes - Ironwood - New Hope, MN	March 5, 2020	$	46,263	$	28,600	$	17,663	$	2,165	$	36,869	$	824	$	6,405

(1)Payoff at closing of note receivable and accrued interest due from seller.

(2)Consists of TIF note acquired. Refer to Note 2 for further discussion.

DISPOSITIONS

During the three months ended March 31, 2021 and 2020, we had no dispositions.