Acquisitions (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the consideration paid and the amounts of estimated fair value of the assets acquired and the liabilities assumed for the acquisitions completed during the three months ended March 31, 2016:



	2016 Acquisitions
	Real Estate
Consideration:
Cash	$	52,854
Equity	2,220
Fair value of total consideration	$	55,074

Acquisition costs	$	383

Recognized amounts of identifiable assets acquired and liabilities assumed:
Assets:
Real estate, net	$	51,285
Intangible assets, net	3,940
Other assets	117

Liabilities:
Deferred revenue	(261		)
Other liabilities and accrued expenses	(7		)
Total identifiable net assets assumed	$	55,074



	2015 Acquisitions
	Real Estate
Fair value of total consideration	$	83,787

Acquisition costs	$	1,567

Recognized amounts of identifiable assets acquired and liabilities assumed:
Assets:
Real estate, net	$	76,003
Intangible assets, net	8,800
Other assets	92

Liabilities:
Deferred revenue	(589		)
Other liabilities and accrued expenses	(519		)
Total identifiable net assets assumed	$	83,787

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table shows the values recorded by the Company, as of the acquisition date, for finite-lived intangible assets and their estimated amortization period:



Intangible Assets	Weighted Average Amortization Period (in Years)	Real Estate
In-place Lease	8.7	$	8,800

The following table shows the values recorded by the Company, as of the acquisition date, for finite-lived intangible assets and their estimated amortization period:



Intangible Assets	Weighted Average Amortization Period (in Years)	Real Estate
In-place Lease	1.3	$	3,940