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Acquisitions, Dispositions and New Construction (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Allocation of Purchase Price to Assets Acquired and Liabilities Assumed

 

The aggregate purchase price for this MOB was allocated to the assets acquired and liabilities assumed consisting of tangible property and identified intangible assets, based on the fair value estimated at acquisition as detailed in the table below. Substantially all of the intangible assets include the value of the in-place leases at the MOB at the time of acquisition which will be amortized over the average remaining lease term of approximately 6.2 years at the time of acquisition.

 

 

 

Land

$2,328

Buildings and improvements

6,523

Intangible assets

1,209

Deposit

(150)

 

 

Net cash paid

$9,910