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Real Estate Asset Acquisitions (Tables) | 3 Months Ended
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Mar. 31, 2020
Real Estate [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The allocation of purchase price to assets acquired and liabilities assumed is as follows (in millions):
Fair value of assets acquired and liabilities assumed |  |
Assets acquired: |  |
Land |  | $ | 106.9 |
Property and improvements |  | 91.3 |
In-place leases |  | 23.2 |
Favorable leases |  | 4.3 |
Total assets acquired |  | $ | 225.7 |
Liabilities assumed: |  |
Unfavorable leases |  | $ | 7.3 |
Total liabilities assumed |  | 7.3 |
Net assets acquired |  | $ | 218.4 |

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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=116869197&loc=d3e4845-128472 + Details
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