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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of construction activity The table below details the Company’s construction activity as of December 31, 2018. The information included in the table below represents management’s estimates and expectations at December 31, 2018, which are subject to change. The Company’s disclosures regarding certain projections or estimates of completion dates may not reflect actual results.
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
(Dollars in thousands)
 
Number of Properties
 
Initial Occupancy
 
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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charlotte, NC
 
1
 
Q2 2019
 
$
9,586

 
$
6,099

 
$
9,586

 
2,414

 
$
12,000

 
38,000

Seattle, WA
 
1
 
Q4 2019
 
23,521

 
21,549

 
23,821

 
40,299

 
64,120

 
151,000

Total
 
 
 
 
 
$
33,107

 
$
27,648

 
$
33,407

 
$
42,713

 
$
76,120

 
189,000

Minimum lease payments for its operating leases The Company’s future minimum lease payments primarily for its 60 non-prepaid ground leases as of December 31, 2018 were as follows (in thousands):  
2019
$
5,288

2020
5,260

2021
5,238

2022
5,207

2023
5,224

2024 and thereafter
323,533

 
$
349,750