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Real Estate Investments Real Estate Investments (Tables)
9 Months Ended
Sep. 30, 2015
Business Combinations [Abstract]  
Schedule of business acquisitions
(in thousands)
 
Nine months ended September 30, 2015
Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Ownership
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
9/1/15
 
University Commons
 
Boca Raton, FL
 
Operating
 
100%
 
$80,500
 
42,799
 
64,482
 
14,039


(in thousands)
 
Nine months ended September 30, 2014
Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Ownership
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
1/31/14
 
Persimmon Place
 
Dublin, CA
 
Development
 
100%
 
$14,200
 
 
 
2/14/14
 
Shops at Mira Vista
 
Austin, TX
 
Operating
 
100%
 
22,500
 
319
 
2,329
 
291
3/7/14
 
Fairfield Portfolio (1)
 
Fairfield, CT
 
Operating
 
80%
 
149,344
 
77,730
 
12,650
 
5,601
6/2/14
 
Willow Oaks Crossing
 
Concord, NC
 
Development
 
100%
 
3,342
 
 
 
7/15/14
 
Clybourn Commons
 
Chicago, IL
 
Operating
 
100%
 
19,000
 
 
1,686
 
3,298
9/10/14
 
Belmont Chase
 
Ashburn, VA
 
Development
 
100%
 
4,300
 
 
 
9/19/14
 
CityLine Market
 
Dallas, TX
 
Development
 
100%
 
4,913
 
 
 
Total property acquisitions
 
 
 
 
 
$217,599
 
$78,049
 
$16,665
 
$9,190

(1) On March 7, 2014, the Company acquired an 80% controlling interest in the Fairfield Portfolio, consisting of three operating properties. As a result of consolidation, the Company recorded the non-controlling interest of $15.4 million at fair value. The portfolio consists of three operating properties located in Fairfield, CT.