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Investment in Real Estate - Summary of the Fair Value of Assets and Liabilities Acquired (Detail)
$ in Thousands
9 Months Ended
Sep. 30, 2016
USD ($)
Real Estate [Abstract]  
Land $ 66,803
Building and Improvements 29,303 [1]
Other Assets 495 [2]
Acquired Finite-Lived Intangible Assets [Line Items]  
Assumed Mortgage Loan Premium (See Note 4) (529)
Total Purchase Price 98,625
Assumed Mortgage Loan (See Note 4) (4,513)
Total Net Assets Acquired $ 94,112
Assumed mortgage loan premium, weighted average life 44 months
In-Place Leases  
Acquired Finite-Lived Intangible Assets [Line Items]  
Acquired finite lived intangible assets, fair value $ 2,356
Acquired finite lived intangible assets, weighted average life 88 months
Above Market Leases  
Acquired Finite-Lived Intangible Assets [Line Items]  
Acquired finite lived intangible assets, fair value $ 197
Acquired finite lived intangible assets, weighted average life 32 months
[1] See Note 2 to the consolidated financial statements in our 2015 Form 10-K for the disclosure of useful lives of our Investment in Real Estate and our Depreciation policy.
[2] Represents leasing commissions, which are included in prepaid expenses and other assets, net on the consolidated balance sheets and amortized over the remaining term of each lease.