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Subsequent Events (Tables)
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Dividends Declared
Distributions equal to a daily amount of $0.00183060 per share of common stock outstanding were paid subsequent to December 31, 2016, to the stockholders of record from December 1, 2016, through December 31, 2016, and distributions equal to a daily amount of $0.00183562 per share of common stock outstanding were paid subsequent to December 31, 2016, to the stockholders of record from January 1, 2017, through February 28, 2017, as follows (in thousands):
Distribution Period
 
Date Distribution Paid
 
Gross Amount of Distribution Paid
 
Distribution Reinvested through the DRIP
 
Net Cash Distribution
December 1, 2016, through December 31, 2016
 
1/3/2017
 
$
10,506

 
$
4,765

 
$
5,741

January 1, 2017, through January 31, 2017
 
2/1/2017
 
10,520

 
4,760

 
5,760

February 1, 2017, through February 28, 2017
 
3/1/2017
 
9,284

 
4,191

 
5,093

Schedule of Business Acquisitions, by Acquisition
Subsequent to December 31, 2016, we acquired the following property (dollars in thousands):
Property Name
 
Location
 
Anchor Tenant
 
Acquisition Date
 
Purchase Price
 
Square Footage
 
Leased % of Rentable Square Feet at Acquisition
Atwater Marketplace
 
Atwater, California
 
Save Mart
 
2/10/2017
 
$14,800
 
96,224
 
94.6%