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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Construction Activity
The table below details the Company’s construction activity as of March 31, 2016. The information included in the table below represents management’s estimates and expectations at March 31, 2016, which are subject to change. The Company’s disclosures regarding certain projections or estimates of completion dates may not reflect actual results.
 
 
 
 
 
 
As of March 31, 2016
 
 
 
 
 
 
(Dollars in thousands)
 
Number of Properties
 
Estimated Completion Date
 
Construction in Progress Balance
 
Other Amounts Funded
 
Total Amount Funded
 
Estimated Remaining Fundings
 
Estimated Total Investment
 
Approximate Square Feet
Construction Activity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Birmingham, AL
 
1
 
Q4 2015 (1)
 
$

 
$
10,705

 
$
10,705

 
$
4,695

 
$
15,400

 
138,000

Austin, TX
 
1
 
Q2 2016
 
4,614

 

 
4,614

 
961

 
5,575

 
12,900

Nashville, TN
 
2
 
Q1 2017
 
26,185

 
6,423

 
32,608

 
19,192

 
51,800

 
294,000

Denver, CO
 
1
 
Q2 2017
 
870

 

 
870

 
25,630

 
26,500

 
98,000

Total
 
 
 
 
 
$
31,669

 
$
17,128

 
$
48,797

 
$
50,478

 
$
99,275

 
542,900