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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of construction activity
The table below details the Company’s construction activity as of December 31, 2016. The information included in the table below represents management’s estimates and expectations at December 31, 2016, which are subject to change. The Company’s disclosures regarding certain projections or estimates of completion dates may not reflect actual results.
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
(Dollars in thousands)
 
Number of Properties
 
Estimated Completion Date
 
Construction in Progress Balance

 
Total Funded During the Year

 
Total Amount Funded

 
Estimated Remaining Fundings (unaudited)

 
Estimated Total Investment (unaudited)

 
Approximate Square Feet (unaudited)

Construction Activity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nashville, TN
 
2
 
Q1 2017
 
$

 
$
28,794

 
$
50,612

 
6,008

 
$
56,620

 
294,000

Denver, CO
 
1
 
Q2 2017
 
11,655

 
11,426

 
11,655

 
14,845

 
26,500

 
98,000

Total
 
 
 
 
 
$
11,655

 
$
40,220

 
$
62,267

 
$
20,853

 
$
83,120

 
392,000

Minimum lease payments for its operating leases
The Company’s future minimum lease payments for its corporate office lease and 52 ground leases, excluding leases that the Company has prepaid and leases in which an operator pays or fully reimburses the Company, as of December 31, 2016 were as follows (in thousands):  
2016
$
5,719

2017
5,798

2018
5,980

2019
5,840

2020
5,062

2021 and thereafter
361,666

 
$
390,065