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Investment in Real Estate (Tables)
3 Months Ended
Mar. 31, 2014
Real Estate Investment Property, Net [Abstract]  
Summary of Acquisition Purchase Price Allocation
The purchase price was allocated as follows:
 
Three Months Ended March 31, 2014
Land
$
2,635

Building and Improvements
8,157

Other Assets
551

Deferred Leasing Intangibles, Net
2,057

Total Purchase Price
$
13,400

Summary of Intangible Assets (Liabilities) Subject to Amortization in the Period of Acquisition
The fair value at the date of acquisition of in-place leases, tenant relationships and above and below market leases recorded due to the real estate property acquired for the three months ended March 31, 2014, which are recorded as deferred leasing intangibles, are as follows: 
 
Three Months Ended March 31, 2014
In-Place Leases
$
1,562

Tenant Relationships
$
899

Above Market Leases
$
219

Below Market Leases
$
(623
)
The weighted average life recorded at the time of acquisition as a result of the real estate property acquired for the three months ended March 31, 2014 in months of in-place leases and tenant relationships and above and below market leases is as follows:
 
Three Months Ended March 31, 2014
In-Place Leases
77
Tenant Relationships
137
Above Market Leases
83
Below Market Leases
75
Summary of Industrial Properties Included in Discontinued Operations
The following table discloses certain information regarding the industrial properties included in our discontinued operations for the three months ended March 31, 2014 and 2013: 
 
Three Months Ended March 31, 2014
 
Three Months Ended March 31, 2013
Total Revenues
$
38

 
$
3,388

Property Expenses
(15
)
 
(1,392
)
Depreciation and Amortization
(3
)
 
(1,256
)
Gain (Loss) on Sale of Real Estate
432

 
(3,074
)
Income (Loss) from Discontinued Operations
$
452

 
$
(2,334
)