Investment in Real Estate (Tables)

6 Months Ended

Jun. 30, 2015

Real Estate [Abstract]

Summary of Acquisition Purchase Price Allocation

The purchase price of the industrial properties and land parcels acquired was allocated as follows:

	Six Months Ended June 30, 2015
Land	$	12,475
Building and Improvements	12,928
Other Assets	237
Deferred Leasing Intangibles, Net	892
Total Purchase Price	$	26,532

Summary of Intangible Assets (Liabilities) Subject to Amortization in Period of Acquisition

The fair value at the date of acquisition of in-place leases and below market leases recorded due to the real estate properties acquired for the six months June 30, 2015, which are recorded as deferred leasing intangibles, is as follows:

	Six Months Ended June 30, 2015
In-Place Leases	$	999
Below Market Leases	$	(107	)

The weighted average life, in months, of in-place leases and below market leases recorded at the time of acquisition as a result of the real estate properties acquired for the six months ended June 30, 2015 is as follows:

	Six Months Ended June 30, 2015
In-Place Leases	54
Below Market Leases	63

Summary Regarding Industrial Properties Included in Discontinued Operations

The following table discloses certain information regarding the industrial properties included in our discontinued operations for the three and six months ended June 30, 2014:

	Three Months Ended June 30, 2014			Six Months Ended June 30, 2014
Total Revenues	$	2,396		$	4,756
Property Expenses	(754		)	(1,792		)
Depreciation and Amortization	(910		)	(1,826		)
Gain on Sale of Real Estate	320			1,055
Income from Discontinued Operations	$	1,052		$	2,193