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Real Estate Investments, Net (Tables) | 9 Months Ended
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Sep. 30, 2018
Real Estate [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The following table presents the allocation of the assets acquired and liabilities assumed during the nine months ended September 30, 2018 and 2017, based on the exchange rate at the time of purchase. All acquisitions in both periods were considered asset acquisitions for accounting purposes.
|  | Nine Months Ended September 30,
(Dollar amounts in thousands) |  | 2018 |  | 2017
Real estate investments, at cost: |  |  |  |
Land |  | $ | 24,269 |  |  | $ | 6,359 |
Buildings, fixtures and improvements |  | 205,990 |  |  | 27,220 |
Total tangible assets |  | 230,259 |  |  | 33,579 |
Acquired intangible lease assets: |  |  |  |
In-place leases |  | 42,031 |  |  | 4,859 |
Above-market lease assets |  | 48 |  |  | 47 |
Below-market lease liabilities |  | (4,959 | ) |  | (1,372 | )
Cash paid for acquired real estate investments |  | $ | 267,379 |  |  | $ | 37,113 |
Number of properties purchased |  | 17 |  |  | 4 |
Schedule of Future Minimum Rental Payments for Operating Leases | The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of September 30, 2018. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indexes among other items.
(In thousands) |  | Future Minimum Base Rent Payments (1)
2018 (remainder) |  | $ | 65,414 |
2019 |  | 264,029 |
2020 |  | 267,518 |
2021 |  | 268,287 |
2022 |  | 258,975 |
2023 |  | 234,943 |
Thereafter |  | 777,237 |
|  | $ | 2,136,403 |
___________________________________________
(1) | Assumes exchange rates of £1.00 to $1.30 for GBP and €1.00 to $1.16 for EUR as of September 30, 2018 for illustrative purposes, as applicable.
Future minimum rental payments to be made by the Company under these non-cancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows:
(In thousands) |  | Future Ground Lease Payments
2018 (remainder) |  | $ | 347 |
2019 |  | 1,390 |
2020 |  | 1,390 |
2021 |  | 1,390 |
2022 |  | 1,390 |
2023 |  | 1,390 |
Thereafter |  | 41,085 |
Total |  | $ | 48,382 |
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | The following table lists the country where the Company has concentrations of properties where annualized rental income on a straight-line basis represented 10.0% or greater of consolidated annualized rental income on a straight-line basis as of September 30, 2018 and December 31, 2017.
Country, State or Territory |  | September 30, 2018 |  | December 31, 2017
United States* |  | 52.9% |  | 48.9%
United Kingdom |  | 20.3% |  | 22.1%
___________________________________________ * There is no state in the United States that exceeded the 10.0% threshold.

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 + Details
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