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Real Estate Investments (Tables)
 3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
Summary of acquisitions The following table details the Company's acquisitions for the three months ended March 31, 2019:
(Dollars in millions)
Type (1)
 
Date
Acquired
 
Purchase Price

 
Cash
Consideration(2)

 
Real
Estate

 
Other (3)

 
Square
Footage
(Unaudited)

Washington, D.C. (4)
MOB
 
3/28/19
 
$
46.0

 
$
45.9

 
$
50.2

 
$
(4.3
)
 
158,338

Indianapolis, IN (5)
MOB
 
3/28/19
 
47.0

 
44.8

 
43.7

 
1.1

 
143,499

 
 
 
 
 
$
93.0

 
$
90.7

 
$
93.9

 
$
(3.2
)
 
301,837

______
(1)
MOB = medical office building
(2)
Cash consideration excludes prorations of revenue and expense due to/from seller at the time of the acquisition.
(3)
Includes other assets acquired, liabilities assumed, and intangibles recognized at acquisition.
(4)
Includes two properties. The Company assumed two ground leases in connection with this acquisition that are classified as financing leases. The present value of future lease payments totaling $14.4 million was recorded on the Company's Condensed Consolidated Balance Sheets. In addition, the right-of-use assets were partially offset by $5.2 million of above-market lease intangibles included in Other.
(5)
The Company assumed a prepaid ground lease totaling $0.8 million and recorded a below-market lease intangible totaling $0.9 million in connection with this acquisition that is classified as an operating lease that are included in Other.
Assets held for sale The table below reflects the assets and liabilities of the properties classified as held for sale as of March 31, 2019 and December 31, 2018:
(Dollars in thousands)
March 31,
2019
 
December 31,
2018
Balance Sheet data:
 
 
 
Land
$
1,125

 
$
1,125

Buildings, improvements and lease intangibles
39,586

 
18,231

 
40,711

 
19,356

Accumulated depreciation
(30,706
)
 
(10,657
)
Real estate assets held for sale, net
10,005

 
8,699

Operating lease right-of-use assets
168

 
—

Other assets, net
395

 
573

Assets held for sale, net
$
10,568

 
$
9,272

 
 
 
 
Accounts payable and accrued liabilities
$
251

 
$
450

Operating lease liabilities
168

 
—

Other liabilities
214

 
137

Liabilities of properties held for sale
$
633

 
$
587