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Investment in Real Estate (Tables) | 12 Months Ended
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Dec. 31, 2018
Real Estate [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the fair value of the assets acquired and liabilities assumed for the years ended December 31, 2018, 2017 and 2016, which we determined using Level-2 inputs for mortgage notes payable, other liabilities and other assets and Level-3 inputs for the others:
| Years Ended December 31,
(amounts in thousands) | 2018 |  | 2017 (a) |  | 2016
Assets acquired |  |  |  |  |
Land | $ | 171,111 |  |  | $ | 82,539 |  |  | $ | 62,489 |
Buildings and other depreciable property | 84,019 |  |  | 55,903 |  |  | 55,445 |
Manufactured homes (b) | 140 |  |  | 840 |  |  | 67 |
In-place leases (b) | 9,859 |  |  | 2,973 |  |  | 4,447 |
Net investment in real estate | $ | 265,129 |  |  | $ | 142,255 |  |  | $ | 122,448 |
Other assets | — |  |  | 229 |  |  | 20 |
Total assets acquired | $ | 265,129 |  |  | $ | 142,484 |  |  | $ | 122,468 |
Liabilities assumed |  |  |  |  |
Mortgage notes payable | $ | 9,200 |  |  | $ | 5,900 |  |  | $ | 22,010 |
Below-market lease liability (c) | 10,645 |  |  | — |  |  | — |
Other liabilities | — |  |  | 32 |  |  | 2,214 |
Total liabilities assumed | $ | 19,845 |  |  | $ | 5,932 |  |  | $ | 24,224 |
Net assets acquired | $ | 245,284 |  |  | $ | 136,552 |  |  | $ | 98,244 |
_________________________ (a)During the year ended December 31, 2018 we finalized the purchase price allocation on the 2017 acquisitions accounted for as business combinations. (b)Manufactured homes and in-place leases are included in Buildings and other depreciable property on the Consolidated Balance Sheets. (c)Below-market lease liability is included in Accrued expenses and accounts payable on the Consolidated Balance Sheets.
Schedule of Assets and Liabilities Associted with Properties Classified as Held for Sale | The following table presents the assets and liabilities associated with the five Properties classified as held for sale as of December 31, 2018:
| As of December 31,
(amounts in thousands) | 2018
Assets |
Land, building and other improvements | $ | 49,973 |
Less accumulated depreciation | (14,547 | )
Net investment in real estate | 35,426 |
Other assets | 488 |
Assets held for sale, net | $ | 35,914 |
Liabilities |
Mortgage notes payable | $ | 11,175 |
Other liabilities | 1,175 |
Liabilities related to assets held for sale | $ | 12,350 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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