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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2015
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 14—SUBSEQUENT EVENTS

        Subsequent events have been evaluated and except as disclosed (i) below, (ii) in Note 4 (Sale and Disposal of Properties, Discontinued Operations and Impairment) and (iii) in Note 8 (Debt Obligations), there were no other events relative to the consolidated financial statements that require additional disclosure.

        On January 5, 2016, 139,225 shares were issued as restricted share grants having an aggregate value of approximately $3,027,000 and are scheduled to vest in January 2021.

        On March 2, 2016, Sports Authority Inc., a tenant at the Company's Greenwood Village, Colorado property, filed for Chapter 11 bankruptcy protection. This tenant accounted for approximately 0.8%, 0.8% and 0.9% of the Company's rental income for the years ended December 31, 2015, 2014 and 2013, respectively.

        On March 10, 2016, the Board of Directors declared a quarterly cash dividend of $.41 per share on the Company's common stock, totaling $6,970,000. The quarterly dividend is payable on April 7, 2016 to stockholders of record on March 25, 2016.