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Investment in Real Estate (Tables)
12 Months Ended
Dec. 31, 2015
Real Estate [Abstract]  
Summary of Acquisition Purchase Price Allocation
The purchase price of the industrial properties and land parcels acquired for the years ended December 31, 2015 and 2014, was allocated as follows:
 
Year Ended December 31, 2015
 
Year Ended December 31, 2014
 
Purchase Price
 
Weighted Average Life (in Months)
 
Purchase Price
 
Weighted Average Life (in Months)
Land
$
52,954

 
N/A
 
$
39,739

 
N/A
Building and Improvements
107,106

 
(A)
 
44,070

 
(A)
Other Assets
2,562

 
(B)
 
1,863

 
(B)
In-Place Leases
7,124

 
84
 
5,350

 
74
Tenant Relationships

 
N/A
 
3,440

 
131
Above Market Leases

 
N/A
 
316

 
66
Below Market Ground Lease Obligation

 
N/A
 
1,854

 
480
Below Market Leases
(528
)
 
62
 
(940
)
 
79
Total Purchase Price (C)
$
169,218

 
 
 
$
95,692

 
 
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 years ended December 31, 2014 and 2013: 
 
Year Ended December 31,
 
2014
 
2013
Total Revenues
$
7,007

 
$
20,727

Property Expenses
(2,784
)
 
(8,126
)
Impairment of Real Estate

 
(2,652
)
Depreciation and Amortization
(2,388
)
 
(7,727
)
Gain on Sale of Real Estate
25,988

 
34,344

Income from Discontinued Operations
$
27,823

 
$
36,566