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Real Estate Acquisitions (Tables)

9 Months Ended

Sep. 30, 2018

Real Estate Acquisitions

Schedule of the Company's acquisitions of real estate

The following chart details the Company’s acquisitions of real estate during the nine months ended September 30, 2018 (amounts in thousands):

									Capitalized
									Third Party
				Contract					Real Estate
				Purchase			Terms of		Acquisition
Description of Property		Date Acquired		Price			Payment		Costs
Campania International/U.S. Tape industrial facility, Pennsburg, Pennsylvania		March 28, 2018		$	12,675		All cash (a)		$	227
Plymouth Industries industrial facility, Plymouth, Minnesota		June 7, 2018			5,500		All cash (b)			50
Totals				$	18,175				$	277

Schedule of allocation of the purchase price for the company's acquisitions of real estate

The following chart details the allocation of the purchase price for the Company’s acquisitions of real estate during the nine months ended September 30, 2018 (amounts in thousands):

								Building
Description of Property		Land			Building			Improvements			Total
Campania International/U.S. Tape industrial facility, Pennsburg, Pennsylvania		$	1,776		$	10,399		$	727		$	12,902
Plymouth Industries industrial facility, Plymouth, Minnesota			1,121			4,306			123			5,550
Totals		$	2,897		$	14,705		$	850		$	18,452

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- Definition

Real Estate Acquisitions and Contingent Liability

+ References

No definition available.

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- Definition

Tabular disclosure of real estate acquisitions during the period, including date purchased, contract price, terms of payment and third party acquisition costs.

+ References

No definition available.

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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=84161108&loc=d3e4845-128472

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