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Investments in Real Estate | 6 Months Ended
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Jun. 30, 2022
Investments [Abstract] |
Investments in Real Estate | Investments in Real Estate For the six months ended June 30, 2022, our investments had an aggregate purchase price of $25.7 million. As part of these investments, we incurred approximately $0.2 million of capitalized costs. The allocations for these investments, in which we own a controlling financial interest, are set forth below in the aggregate for the six months ended June 30, 2022 and 2021, respectively (in thousands):
| Six Months Ended June 30,
| 2022 |  | 2021
Land | $ | 3,812 |  |  | $ | 1,093 |
Building and improvements | 19,761 |  |  | 45,629 |
In place leases | 2,121 |  |  | 5,291 |
Below market leases | (28) |  |  | (79) |
Above market leases | — |  |  | 66 |
ROU assets | — |  |  | (1,372) |
Net real estate assets acquired | 25,666 |  |  | 50,628 |
Other, net | — |  |  | 2,397 |
Aggregate purchase price | $ | 25,666 |  |  | $ | 53,025 |
The acquired intangible assets and liabilities referenced above had weighted average lives of the following terms for the six months ended June 30, 2022 and 2021, respectively (in years):
| Six Months Ended June 30,
| 2022 |  | 2021
Acquired intangible assets | 4.2 |  | 4.2
Acquired intangible liabilities | 4.1 |  | 5.7

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI https://asc.fasb.org/topic&trid=2303972 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4946-128472 + Details
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