Real Estate Acquisitions (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of the Company's acquisitions of real estate

The following chart details the Company’s acquisitions of real estate during the six months ended June 30, 2019 (amounts in thousands):


					Capitalized
					Third Party
		Contract			Real Estate
		Purchase		Terms of	Acquisition
Description of Property	Date Acquired	Price		Payment	Costs
Zwanenberg Food Group/Metro Carpets industrial facility,
Nashville, Tennessee	May 30, 2019	$	8,000	All cash (a)	$	77
Echo, Inc. industrial facility,
Wauconda, Illinois	May 30, 2019		3,800	All cash		26
Tinicum Mechanical Supply/Philly Motors industrial facility,
Bensalem, Pennsylvania	June 18, 2019		6,200	All cash		168
International Flora Technologies industrial facility,
Chandler, Arizona	June 26, 2019		8,650	All cash		57
Totals		$	26,650		$	328

(a)

In July 2019, the Company obtained new mortgage debt of $5,200.

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 six months ended June 30, 2019 (amounts in thousands):


					Building		Intangible Lease
Description of Property	Land		Building		Improvements		Asset		Liability		Total
Zwanenberg Food Group/Metro Carpets industrial facility,
Nashville, Tennessee	$	1,058	$	6,280	$	70	$	750	$	(81)	$	8,077
Echo, Inc. industrial facility,
Wauconda, Illinois		67		3,283		141		339		(4)		3,826
Tinicum Mechanical Supply/Philly Motors industrial facility,
Bensalem, Pennsylvania		1,602		4,285		37		664		(220)		6,368
International Flora Technologies industrial facility,
Chandler, Arizona		1,334		7,152		221		—		—		8,707
Totals	$	4,061	$	21,000	$	469	$	1,753	$	(305)	$	26,978