Investments in Real Estate and Real Estate Under Construction Investments in Real Estate and Real Estate Under Construction (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of acquired properties

The Company, through property owner subsidiaries, completed the following acquisitions, each of which is subject to a lease having a term in excess of ten years (an “LTL”), during the three months ended March 31, 2015:



Property Type	Location	Acquisition/Completion Date	Initial Cost Basis		Lease Expiration	Land and Land Estate		Building and Improvements		Lease in-place Value Intangible
LTL - Office	Auburn Hills, MI	March 2015	$	40,025	03/2029	$	4,416	$	30,012	$	5,597
LTL - Industrial	Houston, TX	March 2015	$	28,650	03/2035	$	4,674	$	19,540	$	4,436
LTL - Industrial	Brookshire, TX	March 2015	$	22,450	03/2035	$	2,388	$	16,614	$	3,448
LTL - Industrial	Canton, MS	March 2015	$	89,300	02/2027	$	5,077	$	71,289	$	12,934
LTL - Land/Infrastructure	Venice, FL	January 2015	$	16,850	01/2055	$	4,696	$	11,753	$	401
			$	197,275		$	21,251	$	149,208	$	26,816

Schedule of acquisition development and construction arrangements outstanding

As of March 31, 2015, the Company had the following development arrangements outstanding:



Location	Property Type	Square Feet	Expected Maximum Commitment/Contribution		Lease Term (Years)	Estimated Completion Date
Oak Creek, WI	LTL - Industrial	164,000	$	22,609	20	2Q 15
Thomson, GA	LTL - Industrial	208,000	$	10,245	15	2Q 15
Richmond, VA	LTL - Office	330,000	$	110,137	15	3Q 15
Lake Jackson, TX	LTL - Office	664,000	$	166,164	20	4Q 16
		1,366,000	$	309,155

Schedule of properties to be acquired

In addition, the Company has committed to acquire the following properties:



Location	Property Type	Estimated Acquisition Cost		Estimated Acquisition Date	Lease Term (Years)
Richland, WA	LTL - Industrial	$	155,000	4Q 15	20
Detroit, MI	LTL - Industrial	$	29,680	1Q 16	20
		$	184,680