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Real Estate Acquisitions and Dispositions | 3 Months Ended
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Mar. 31, 2019
Notes To Financial Statements [Abstract] |
Real Estate Acquisitions and Dispositions | Real Estate Acquisitions and Dispositions The following table reflects the Company's acquisition activity for the three months ended March 31, 2019:
Multifamily Acquisition (1) |  | Market |  | Units |  | Date Acquired
Novel Midtown |  | Phoenix, AZ |  | 345 |  | February 2019
(1) This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company holds an 80% interest in the joint venture. The following table reflects the Company's disposition activity for the three months ended March 31, 2019:
Land Disposition |  | Market |  | Acres |  | Date Sold
Peachtree Road - Outparcel |  | Atlanta, GA |  | 1 |  | February 2019
Commercial Disposition |  | Market |  | Sq Ft |  | Date Sold
Poplar Avenue Office |  | Memphis, TN |  | 42,000 |  | March 2019

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- Definition The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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