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Business Acquisition (Tables)
9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Allocation of Purchase Price to Net Assets Acquired Based on their Fair Values at the Acquisition Date

The table below presents an allocation of the purchase price to the net assets acquired based on their fair values at the acquisition date:

 

Identifiable assets acquired and liabilities assumed:

  

Cash

   $ 194   

Land

     1,600   

Land improvements

     3,045   

Buildings

     7,120   

Intangibles

     2,580   

Tenant improvements

     76   

Building improvement

     29   

Other assets

     33   

Other liabilities

     (356
  

 

 

 

Total net assets acquired

     14,321   

Less: gain on bargain purchase

     (2,071
  

 

 

 

Purchase price

   $ 12,250