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Commitments and Contingencies
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies.  
Commitments and Contingencies

 

20.Commitments and Contingencies

 

In the ordinary course of business, we are party to various legal actions which we believe are routine in nature and incidental to the operation of our business. We believe that the outcome of the proceedings will not have a material adverse effect upon our consolidated financial position or results of operations.

 

At March 31, 2016, we had commitments of $687,000 for re-leasing costs, recurring capital expenditures, and non-recurring building improvements. In addition, as of March 31, 2016, we had committed $19.6 million under construction contracts, which is expected to be paid in the next twelve months.