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Real Estate Assets (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2017 | Dec. 31, 2016
Real Estate Assets [Abstract] |  |
Real Estate Properties Owned | A summary of the properties owned by the Company as of June 30, 2017 is as follows:
Property Name |  | Date Acquired |  | Location |  | Real estate assets, net (in thousands) |
Garden Gateway Plaza |  | March 2007 |  | Colorado Springs, Colorado |  | $ | 11,529 |
World Plaza |  | September 2007 |  | San Bernardino, California |  |  | 5,697 |
Executive Office Park |  | July 2008 |  | Colorado Springs, Colorado |  |  | 8,129 |
Waterman Plaza |  | August 2008 |  | San Bernardino, California |  |  | 5,689 |
Pacific Oaks Plaza |  | September 2008 |  | Escondido, California |  |  | 4,033 |
Morena Office Center |  | January 2009 |  | San Diego, California |  |  | 4,973 |
Genesis Plaza |  | August 2010 |  | San Diego, California |  |  | 8,739 |
Dakota Bank Buildings |  | May 2011 |  | Fargo, North Dakota |  |  | 9,896 |
Yucca Valley Retail Center |  | September 2011 |  | Yucca Valley, California |  |  | 6,635 |
Port of San Diego Complex |  | December 2011 |  | San Diego, California |  |  | 14,026 |
The Presidio |  | November 2012 |  | Aurora, Colorado |  |  | 6,482 |
Bismarck |  | March 2014 |  | Fargo, ND |  |  | 5,551 |
Union Terrace Building |  | August 2014 |  | Lakewood, Colorado |  |  | 8,412 |
Centennial Technology Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 13,748 |
Arapahoe Service Center |  | December 2014 |  | Centennial, Colorado |  |  | 10,917 |
Union Town Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 10,382 |
West Fargo Industrial |  | August 2015 |  | Fargo, North Dakota |  |  | 7,536 |
300 N.P. |  | August 2015 |  | Fargo, North Dakota |  |  | 3,704 |
Research Parkway |  | August 2015 |  | Colorado Springs, Colorado |  |  | 2,734 |
One Park Centre |  | August 2015 |  | Westminster, Colorado |  |  | 8,547 |
Highland Court |  | August 2015 |  | Centennial, Colorado |  |  | 12,430 |
Shea Center II |  | December 2015 |  | Highlands Ranch, Colorado |  |  | 23,705 |
NetREIT, Inc. properties |  |  |  |  |  |  | 193,494 |
Model Home properties |  | 2010-2017 |  | AZ, CA, FL, IL, NC, NJ, PA, SC, TX, UT, WI |  |  | 41,930 |
|  | Total real estate assets and lease intangibles, net |  | $ | 235,424 |
| The Company’s real estate assets consisted of the following as of December 31, 2016 and 2015:
|  |  |  |  |  | Real estate assets, net (in thousands) |
Property Name |  | Acquired |  | Location |  | 2016 |  |  | 2015 |
Havana/Parker Complex |  | June 2006 |  | Aurora, CO |  | $ | — |  |  | $ | 2,093 |
Garden Gateway Plaza |  | March 2007 |  | Colorado Springs, Colorado |  |  | 11,656 |  |  |  | 11,808 |
World Plaza |  | September 2007 |  | San Bernardino, California |  |  | 5,750 |  |  |  | 6,653 |
Regatta Square |  | October 2007 |  | Denver, Colorado |  |  | 1,836 |  |  |  | 1,859 |
Executive Office Park |  | July 2008 |  | Colorado Springs, Colorado |  |  | 8,125 |  |  |  | 8,227 |
Waterman Plaza |  | August 2008 |  | San Bernardino, California |  |  | 5,753 |  |  |  | 5,877 |
Pacific Oaks Plaza |  | September 2008 |  | Escondido, California |  |  | 4,146 |  |  |  | 4,213 |
Morena Office Center |  | January 2009 |  | San Diego, California |  |  | 5,079 |  |  |  | 5,269 |
Rangewood Medical Office Building |  | March 2009 |  | Colorado Springs, Colorado |  |  | 2,054 |  |  |  | 2,306 |
Genesis Plaza |  | August 2010 |  | San Diego, California |  |  | 8,670 |  |  |  | 8,398 |
Dakota Bank Buildings |  | May 2011 |  | Fargo, North Dakota |  |  | 10,148 |  |  |  | 10,452 |
Yucca Valley Retail Center |  | September 2011 |  | Yucca Valley, California |  |  | 6,738 |  |  |  | 7,190 |
Port of San Diego Complex |  | December 2011 |  | San Diego, California |  |  | 14,153 |  |  |  | 13,971 |
Shoreline Medical Building |  | May 2012 |  | Half Moon Bay, California |  |  | 5,821 |  |  |  | 5,856 |
The Presidio |  | November 2012 |  | Aurora, Colorado |  |  | 6,609 |  |  |  | 6,643 |
Bismarck |  | March 2014 |  | Fargo, ND |  |  | 5,392 |  |  |  | 4,904 |
Union Terrace Building |  | August 2014 |  | Lakewood, Colorado |  |  | 8,276 |  |  |  | 8,607 |
Centennial Technology Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 14,157 |  |  |  | 14,755 |
Arapahoe Service Center |  | December 2014 |  | Centennial, Colorado |  |  | 11,207 |  |  |  | 11,301 |
Union Town Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 10,544 |  |  |  | 10,941 |
West Fargo Industrial |  | August 2015 |  | Fargo, North Dakota |  |  | 7,632 |  |  |  | 2,875 |
300 N.P. |  | August 2015 |  | Fargo, North Dakota |  |  | 3,751 |  |  |  | 7,833 |
Research Parkway |  | August 2015 |  | Colorado Springs, Colorado |  |  | 2,776 |  |  |  | 3,910 |
One Park Centre |  | August 2015 |  | Westminster, Colorado |  |  | 8,515 |  |  |  | 13,245 |
Highland Court |  | August 2015 |  | Centennial, Colorado |  |  | 12,511 |  |  |  | 9,050 |
Shea Center II |  | December 2015 |  | Highlands Ranch, Colorado |  |  | 24,409 |  |  |  | 25,961 |
NetREIT, Inc. properties |  |  |  |  |  |  | 205,708 |  |  |  | 214,197 |
Model Home properties |  | 2011-2016 |  | AZ, CA, FL, IL, NC, NJ, PA, SC, TX, UT, WI |  |  | 34,814 |  |  |  | 16,889 |
|  | Total real estate assets and lease intangibles, net |  | $ | 240,522 |  |  | $ | 231,086 |
Geographic Locations of Real Estate Properties Owned | The following tables show a list of properties owned by NetREIT, Inc. grouped by state location as of June 30, 2017:
State |  | No. of Properties |  |  | Aggregate Square Feet |  |  | Approximate % of Square Feet |  |  | Current Base Annual Rent |  |  | Approximate % of Aggregate Annual Rent |
California |  |  | 7 |  |  |  | 422,687 |  |  |  | 24.9 | % |  | $ | 5,685,960 |  |  |  | 26.3 | %
Colorado |  |  | 11 |  |  |  | 872,878 |  |  |  | 51.4 | % |  |  | 12,330,663 |  |  |  | 57.1 | %
North Dakota |  |  | 4 |  |  |  | 401,461 |  |  |  | 23.7 | % |  |  | 3,563,174 |  |  |  | 16.5 | %
Total |  |  | 22 |  |  |  | 1,697,026 |  |  |  | 100.0 | % |  | $ | 21,579,797 |  |  |  | 100.0 | %
Model Home properties:
State |  | No. of Properties |  |  | Aggregate Square Feet |  |  | Approximate % of Square Feet |  |  | Current Base Annual Rent |  |  | Approximate of Aggregate % Annual Rent |
Arizona |  |  | 2 |  |  |  | 4,618 |  |  |  | 1.3 | % |  | $ | 50,220 |  |  |  | 1.4 | %
California |  |  | 2 |  |  |  | 4,563 |  |  |  | 1.2 | % |  |  | 42,456 |  |  |  | 1.2 | %
Florida |  |  | 34 |  |  |  | 82,995 |  |  |  | 22.5 | % |  |  | 897,660 |  |  |  | 25.7 | %
Illinois |  |  | 3 |  |  |  | 8,941 |  |  |  | 2.4 | % |  |  | 98,004 |  |  |  | 2.8 | %
New Jersey |  |  | 4 |  |  |  | 10,379 |  |  |  | 2.8 | % |  |  | 101,820 |  |  |  | 2.9 | %
North Carolina |  |  | 4 |  |  |  | 13,623 |  |  |  | 3.7 | % |  |  | 144,540 |  |  |  | 4.1 | %
Pennsylvania |  |  | 11 |  |  |  | 30,989 |  |  |  | 8.4 | % |  |  | 371,988 |  |  |  | 10.6 | %
South Carolina |  |  | 3 |  |  |  | 8,703 |  |  |  | 2.4 | % |  |  | 93,864 |  |  |  | 2.7 | %
Texas |  |  | 61 |  |  |  | 188,315 |  |  |  | 51.2 | % |  |  | 1,537,080 |  |  |  | 44.0 | %
Utah |  |  | 3 |  |  |  | 9,918 |  |  |  | 2.7 | % |  |  | 99,816 |  |  |  | 2.9 | %
Wisconsin |  |  | 2 |  |  |  | 5,016 |  |  |  | 1.4 | % |  |  | 55,992 |  |  |  | 1.6 | %
Total |  |  | 129 |  |  |  | 368,060 |  |  |  | 100.0 | % |  | $ | 3,493,440 |  |  |  | 100.0 | %

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