0001526113-17-000008.txt : 20170508 0001526113-17-000008.hdr.sgml : 20170508 20170508172127 ACCESSION NUMBER: 0001526113-17-000008 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 82 CONFORMED PERIOD OF REPORT: 20170331 FILED AS OF DATE: 20170508 DATE AS OF CHANGE: 20170508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Net Lease, Inc. CENTRAL INDEX KEY: 0001526113 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 452771978 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-37390 FILM NUMBER: 17823497 BUSINESS ADDRESS: STREET 1: 405 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-415-6500 MAIL ADDRESS: STREET 1: 405 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: American Realty Capital Global Trust, Inc. DATE OF NAME CHANGE: 20120810 FORMER COMPANY: FORMER CONFORMED NAME: American Realty Capital Global Daily Net Asset Value Trust, Inc. DATE OF NAME CHANGE: 20111014 FORMER COMPANY: FORMER CONFORMED NAME: American Realty Capital Global Trust, Inc. DATE OF NAME CHANGE: 20110719 10-Q 1 gnl331201710-q.htm GLOBAL NET LEASE INC. 3.31.17 10-Q Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
x
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2017
 
OR
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from _________ to __________
Commission file number: 001-37390
image3a07.gif
Global Net Lease, Inc.
(Exact name of registrant as specified in its charter)
Maryland
 
45-2771978
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)
405 Park Ave., 4th Floor, New York, NY
 
10022
(Address of principal executive offices)
 
(Zip Code)
(212) 415-6500
(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant submitted electronically and posted on its corporate Web Site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company or an emerging growth company. See definition of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2
of the Exchange Act.
Large accelerated filer x
 
Accelerated filer o
Non-accelerated filer ¨
(Do not check if a smaller reporting company)
Smaller reporting company o
 
 
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). o Yes x No
As of April 30, 2017, the registrant had 66,451,066 shares of common stock outstanding.


GLOBAL NET LEASE, INC.

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS


 
Page
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


1

PART I — FINANCIAL INFORMATION
Item 1. Financial Statements.
GLOBAL NET LEASE, INC.

CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)


 
March 31,
2017
 
December 31,
2016
 
(Unaudited)
 
 
ASSETS
 
 
 
Real estate investments, at cost:
 
 
 
Land
$
382,010

 
$
376,704

Buildings, fixtures and improvements
1,989,383

 
1,967,930

Acquired intangible lease assets
594,319

 
587,061

Total real estate investments, at cost
2,965,712

 
2,931,695

Less accumulated depreciation and amortization
(242,508
)
 
(216,055
)
Total real estate investments, net
2,723,204

 
2,715,640

Cash and cash equivalents
72,354

 
69,831

Restricted cash
5,149

 
7,497

Derivatives, at fair value (Note 8)
24,292

 
28,700

Unbilled straight-line rent
34,206

 
30,459

Prepaid expenses and other assets
19,579

 
17,577

Related party notes receivable acquired in Merger (Note 3)
3,211

 
5,138

Due from related parties
16

 
16

Deferred tax assets
1,591

 
1,586

Goodwill and other intangible assets, net
13,408

 
13,931

Deferred financing costs, net
626

 
1,092

Total assets
$
2,897,636

 
$
2,891,467

 
 
 
 
LIABILITIES AND EQUITY
 
 
 
Mortgage notes payable, net of deferred financing costs ($4,726 and $5,103 for March 31, 2017 and December 31, 2016, respectively)
$
758,610

 
$
749,884

Mortgage (discount) premium, net
(2,400
)
 
(2,503
)
Credit facility
698,203

 
616,614

Mezzanine facility, net of discount

 
55,383

Below-market lease liabilities, net
30,901

 
33,041

Derivatives, at fair value (Note 8)
13,508

 
15,457

Due to related parties
1,348

 
2,162

Accounts payable and accrued expenses
22,581

 
22,861

Prepaid rent
20,476

 
18,429

Deferred tax liability
15,670

 
15,065

Taxes payable
7,492

 
9,059

Dividends payable
29

 
34

Total liabilities
1,566,418

 
1,535,486

Commitments and contingencies (Note 10)


 


Equity:
 
 
 
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding

 

Common stock, $0.01 par value, 300,000,000 shares authorized, 66,269,225 and 66,258,559 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively
1,990

 
1,990

Additional paid-in capital
1,708,870

 
1,708,541

Accumulated other comprehensive loss
(13,388
)
 
(16,695
)
Accumulated deficit
(373,917
)
 
(346,058
)
Total stockholders' equity
1,323,555

 
1,347,778

Non-controlling interest
7,663

 
8,203

 Total equity
1,331,218

 
1,355,981

Total liabilities and equity
$
2,897,636

 
$
2,891,467

The accompanying notes are an integral part of these consolidated financial statements.

2

GLOBAL NET LEASE, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share data)
(Unaudited)

 
 
Three Months Ended March 31,
 
 
2017
 
2016
Revenues:
 
 
 
 
Rental income
 
$
58,492

 
$
51,511

Operating expense reimbursements
 
4,345

 
3,443

Total revenues
 
62,837

 
54,954

 
 
 
 
 
 Expenses:
 
 
 
 
Property operating
 
7,236

 
5,647

Operating fees to related parties
 
5,730

 
4,817

Acquisition and transaction related
 
696

 
(129
)
General and administrative
 
1,770

 
1,704

Equity based compensation
 
16

 
1,044

Depreciation and amortization
 
27,114

 
23,756

Total expenses
 
42,562

 
36,839

Operating income
 
20,275

 
18,115

Other income (expense):
 
 
 
 
Interest expense
 
(11,531
)
 
(10,569
)
Gains on dispositions of real estate investments
 
957

 

Losses on derivative instruments
 
(470
)
 
(349
)
Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness
 
(882
)
 
(98
)
Other income (expense)
 
7

 
9

Total other expense, net
 
(11,919
)
 
(11,007
)
Net income before income tax
 
8,356

 
7,108

Income tax expense
 
(906
)
 
(550
)
Net income
 
7,450

 
6,558

Non-controlling interest
 
(21
)
 
(70
)
Net income attributable to stockholders
 
$
7,429

 
$
6,488

 
 
 
 
 
Basic and Diluted Earnings Per Share:
 
 
 
 
Basic and diluted net income per share attributable to stockholders
 
$
0.11

 
$
0.11

Basic and diluted weighted average shares outstanding
 
66,271,008

 
56,312,211

The accompanying notes are an integral part of these consolidated financial statements.

3

GLOBAL NET LEASE, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(In thousands)
(Unaudited)



 
 
Three Months Ended March 31,
 
 
2017
 
2016
Net income
 
$
7,450

 
$
6,558

 
 
 
 
 
Other comprehensive income (loss)
 
 
 
 
Cumulative translation adjustment
 
1,703

 
66

Designated derivatives, fair value adjustments
 
1,611

 
(8,386
)
Other comprehensive income (loss)
 
3,314

 
(8,320
)
 
 
 
 
 
Comprehensive income (loss)
 
$
10,764

 
$
(1,762
)
Amounts attributable to non-controlling interest
 
 
 
 
Net income
 
(21
)
 
(70
)
Cumulative translation adjustment
 
(1
)
 
(32
)
Designated derivatives, fair value adjustments
 
(6
)
 
120

Comprehensive (income) loss attributable to non-controlling interest
 
(28
)
 
18

 
 
 
 
 
Comprehensive income (loss) attributable to stockholders
 
$
10,736

 
$
(1,744
)
The accompanying notes are an integral part of these consolidated financial statements.

4

GLOBAL NET LEASE, INC.

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the Three Months Ended March 31, 2017
(In thousands, except share data)
(Unaudited)

 
 
Common Stock
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
Shares
 
Par Value
 
Additional Paid-in
Capital
 
Accumulated Other Comprehensive Loss
 
Accumulated Deficit
 
Total Stockholders' Equity
 
Non-controlling interest
 
Total Equity
Balance, December 31, 2016
 
66,258,559

 
$
1,990

 
$
1,708,541

 
$
(16,695
)
 
$
(346,058
)
 
$
1,347,778

 
$
8,203

 
$
1,355,981

Dividends declared
 

 

 

 

 
(35,288
)
 
(35,288
)
 

 
(35,288
)
Equity-based compensation
 
10,666

 

 
335

 

 

 
335

 
(319
)
 
16

Distributions to non-controlling interest holders
 

 

 

 

 

 

 
(255
)
 
(255
)
Net Income
 

 

 

 

 
7,429

 
7,429

 
21

 
7,450

Cumulative translation adjustment
 

 

 

 
1,702

 

 
1,702

 
1

 
1,703

Designated derivatives, fair value adjustments
 

 

 

 
1,605

 

 
1,605

 
6

 
1,611

Rebalancing of ownership percentage
 

 

 
(6
)
 

 

 
(6
)
 
6

 

Balance, March 31, 2017
 
66,269,225

 
$
1,990

 
$
1,708,870

 
$
(13,388
)
 
$
(373,917
)

$
1,323,555

 
$
7,663

 
$
1,331,218

The accompanying notes are an integral part of this consolidated financial statement.

5

GLOBAL NET LEASE, INC.
  
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)


 
 
Three Months Ended March 31,
 
 
2017
 
2016
Cash flows from operating activities:
 
 
 
 
Net income
 
$
7,450

 
$
6,558

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 
 

 
 
Depreciation
 
14,280

 
12,606

Amortization of intangibles
 
12,834

 
11,150

Amortization of deferred financing costs
 
880

 
2,425

Amortization of mortgage (discount) premium, net
 
136

 
(121
)
Amortization of mezzanine discount
 
17

 

Amortization of below-market lease liabilities
 
(826
)
 
(622
)
Amortization of above-market lease assets
 
1,016

 
562

Amortization of above- and below- market ground lease assets
 
214

 
76

Bad debt expense
 
414

 

Unbilled straight-line rent
 
(3,878
)
 
(2,801
)
Equity based compensation
 
16

 
1,044

Unrealized losses on foreign currency transactions, derivatives, and other
 
1,792

 
1,809

Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness
 
882

 
98

Gains on dispositions of real estate investments
 
(957
)
 

Changes in operating assets and liabilities, net:
 
 
 
 
Prepaid expenses and other assets
 
(2,416
)
 
(2,363
)
Deferred tax assets
 
(13
)
 
(20
)
Accounts payable and accrued expenses
 
(522
)
 
964

Prepaid rent
 
2,047

 
(1,890
)
Deferred tax liability
 
929

 
143

Taxes payable
 
(1,567
)
 
(1,488
)
Net cash provided by operating activities
 
32,728

 
28,130

Cash flows from investing activities:
 
 
 
 
Investment in real estate and real estate related assets
 
(30,290
)
 

Capital expenditures
 
(388
)
 
(114
)
Proceeds from sale of real estate investments
 
12,440

 

Net cash used in investing activities
 
(18,238
)
 
(114
)
Cash flows from financing activities:
 
 
 
 
Borrowings under credit facility
 
75,335

 

Repayments on credit facility
 

 
(20,000
)
Repayment mezzanine facility
 
(56,537
)
 

Payments on mortgage notes payable
 
(206
)
 
(189
)
Proceeds from issuance of common stock
 

 
7

(Payments) proceeds of financing costs
 
(102
)
 
87

Dividends paid
 
(35,293
)
 
(30,020
)
Distributions to non-controlling interest holders
 
(255
)
 
(857
)
Advances from related parties, net
 
1,713

 
135

Restricted cash
 
2,348

 
(991
)
Net cash used in financing activities
 
(12,997
)
 
(51,828
)
Net change in cash and cash equivalents
 
1,493

 
(23,812
)
Effect of exchange rate changes on cash
 
1,030

 
(339
)
Cash and cash equivalents, beginning of period
 
69,831

 
69,938

Cash and cash equivalents, end of period
 
$
72,354

 
$
45,787

Supplemental Disclosures:
 
 
 
 
Cash paid for interest
 
$
10,426

 
$
8,251

Cash paid for income taxes
 
2,473

 
2,038


The accompanying notes are an integral part of these consolidated financial statements.

6

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)


Note 1 — Organization
Global Net Lease, Inc. (the "Company"), formerly known as American Realty Capital Global Trust, Inc., incorporated on July 13, 2011, is a Maryland corporation that elected and qualified to be taxed as a real estate investment trust ("REIT") for United States ("U.S.") federal income tax purposes beginning with the taxable year ended December 31, 2013. The Company operated as a non-traded REIT through June 1, 2015. On June 2, 2015 (the "Listing Date"), the Company listed its shares of common stock, $0.01 par value per share ("Common Stock") on the New York Stock Exchange ("NYSE") under the symbol "GNL" (the "Listing").
On February 28, 2017, the Company completed a reverse stock split of the Company’s Common Stock, OP Units and LTIP Units, at a ratio of 1-for-3 (the “Reverse Stock Split”). No OP Units were issued in connection with the Reverse Stock Split and the Company repurchased any fractional shares outstanding with cash. No payments were made in respect of any fractional OP Units. The Reverse Stock Split was applied to all of the Company’s outstanding shares of Common Stock and therefore did not affect any stockholder’s relative ownership percentage. As a result of the Reverse Stock Split, the number of outstanding shares of the Company’s Common Stock was reduced from 198.8 million to 66.3 million. In addition, at the market open on March 1, 2017, the Common Stock was assigned a new CUSIP number.
All references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect this Reverse Stock Split.
The Company was formed to primarily acquire a diversified portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net-leased commercial properties. As of March 31, 2017, the Company owned 312 properties consisting of 22.2 million rentable square feet, which were 100% leased, with a weighted average remaining lease term of 9.5 years. Based on original purchase price or acquisition value with respect to properties acquired in the Merger (as defined below), 49.5% of the Company's properties are located in the U.S. and the Commonwealth of Puerto Rico and 50.5% are located in Europe. The Company may also originate or acquire first mortgage loans secured by real estate. As of March 31, 2017, the Company did not own any mezzanine loans, preferred equity or securitized loans.
On June 30, 2014, the Company completed its initial public offering ("IPO") after selling 57.4 million of its Common Stock, at a price of $30.00 per share, subject to certain volume and other discounts. In addition, the Company issued an additional 0.4 million shares pursuant to its dividend reinvestment program (the "DRIP"). On April 7, 2015, in anticipation of the Listing, the Company announced the suspension of the DRIP. On May 7, 2015, the Company filed a post-effective amendment to its registration statement on Form S-11 (File No. 001-37390) (as amended, the "Registration Statement") to deregister the unsold shares registered under the Registration Statement. The Company's DRIP was terminated effective December 9, 2016.
In connection with the Listing, the Company offered to purchase up to 4.0 million shares of its Common Stock at a price of $31.50 per share (the “Tender Offer”). As a result of the Tender Offer, on July 6, 2015, the Company purchased approximately 4.0 million shares of its Common Stock at a price of $31.50 per share, for an aggregate amount of $125.0 million, excluding fees and expenses relating to the Tender Offer and including fractional shares repurchased thereafter.
Substantially all of the Company's business is conducted through Global Net Lease Operating Partnership, L.P. (the "OP"), a Delaware limited partnership. At Listing, the OP had issued 603,219 units of limited partnership interests ("OP Units") to limited partners other than the Company, of which 487,252 OP Units were issued to Global Net Lease Advisors, LLC (the "Advisor") and 115,967 OP Units were issued to Moor Park Capital Partners LLP (the "Service Provider") (see Note 11Related Party Transactions). Subsequent to the Listing, all OP Units issued to the Advisor were transferred to individual investors. In accordance with the limited partnership agreement of the OP, a holder of OP Units has the right to convert OP Units, at the Company's option, for a corresponding number of shares of the Company's Common Stock or the cash value of those corresponding shares. The remaining rights of the limited partner interests are limited and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. On September 2, 2016, 421,378 of the OP Units were converted into Common Stock, of which 305,411 were issued to individual members and employees of AR Global Investments, LLC (the successor business to AR Capital LLC "AR Global") and 115,967 were issued to the Service Provider. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.

7

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

The Company has retained the Advisor to manage the Company's affairs on a day-to-day basis. The properties are managed and leased by Global Net Lease Properties, LLC (the "Property Manager"). The Advisor, Property Manager and Global Net Lease Special Limited Partner, LLC (the "Special Limited Partner") are under common control with the parent of AR Capital Global Holdings, LLC (the "Sponsor"), as a result of which they are related parties. These related parties receive compensation and fees for various services provided to the Company. The Advisor has entered into a service provider agreement with the Service Provider, pursuant to which the Service Provider provides, subject to the Advisor's oversight, certain real estate related services, as well as sourcing and structuring of investment opportunities, performance of due diligence, and arranging debt financing and equity investment syndicates, solely with respect to investments in Europe.
The Company and American Realty Capital Global Trust II, Inc. ("Global II"), an entity formerly sponsored by an affiliate of the Sponsor, entered into an agreement and plan of merger on August 8, 2016 (the "Merger Agreement"). On December 22, 2016, pursuant to the Merger Agreement, Global II merged with and into Mayflower Acquisition LLC (the "Merger Sub"), a Maryland limited liability company and wholly owned subsidiary of the Company, at which time the separate existence of Global II ceased and the Company became the parent of the Merger Sub (the "Merger").
In addition, pursuant to the Merger Agreement, American Realty Capital Global II Operating Partnership, L.P., a Delaware limited partnership and the operating partnership of Global II (the "Global II OP"), merged with the OP, with the OP being the surviving entity (the "Partnership Merger" and together with the Merger, the "Mergers"). As a result of the Mergers, the Company acquired the business of Global II, which immediately prior to the effective time of the Merger, owned a portfolio of commercial properties, including single tenant net-leased commercial properties two of which were located in the U.S., three of which were located in the United Kingdom and 10 of which were located in continental Europe (see Note 3Merger Transaction).
The Company and Global II each were sponsored, directly or indirectly, by the Sponsor. The Sponsor and its affiliates provide or provided asset management services to the Company and Global II pursuant to written advisory agreements. In connection with the Merger Agreement, the Sponsor and its affiliates had the vesting of certain of their restricted interests in Global II and the Global II OP accelerated.
Note 2 — Summary of Significant Accounting Policies
The accompanying unaudited consolidated financial statements of the Company included herein were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to this Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished includes all adjustments and accruals of a normal recurring nature, which, in the opinion of management, are necessary for a fair statement of results for the interim periods. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the three months ended March 31, 2017 are not necessarily indicative of the results for the entire year or any subsequent interim period.
These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2016, which are included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on February 28, 2017. There have been no significant changes to the Company's significant accounting policies during the three months ended March 31, 2017, other than the updates described below and the subsequent notes.
Principles of Consolidation
The accompanying unaudited consolidated financial statements include the accounts of the Company, the OP and its subsidiaries. All inter-company accounts and transactions are eliminated in consolidation. In determining whether the Company has a controlling financial interest in a joint venture and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, authority to make decisions and contractual and substantive participating rights of the other partners or members as well as whether the entity is a variable interest entity ("VIE") for which the Company is the primary beneficiary. The Company has determined that the OP is a VIE of which the Company is the primary beneficiary. Substantially all of the Company's assets and liabilities are held by the OP.

8

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Income Taxes
The Company qualified to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the taxable year ended December 31, 2013. Commencing with such taxable year, the Company was organized to operate in such a manner as to qualify for taxation as a REIT under the Code. The Company intends to continue to operate in such a manner to continue to qualify for taxation as a REIT, but no assurance can be given that it will operate in a manner so as to remain qualified as a REIT. As a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes annually all of its REIT taxable income. REIT's are subject to a number of other organizational and operational requirements. The Company conducts business in various states and municipalities within the U.S. (including Puerto Rico), United Kingdom and continental Europe and, as a result, the Company or one of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and certain foreign jurisdictions. As a result, the Company may be subject to certain federal, state, local and foreign taxes on its income and assets, including alternative minimum taxes, taxes on any undistributed income and state, local or foreign income, franchise, property and transfer taxes. Any of these taxes decrease Company's earnings and available cash.
In addition, the Company's international assets and operations, including those designated as direct or indirect qualified REIT subsidiaries or other disregarded entities of a REIT, continue to be subject to taxation in the foreign jurisdictions where those assets are held or those operations are conducted. During the period from July 13, 2011 (date of inception) to December 31, 2012, the Company elected to be taxed as a corporation, pursuant to which income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recorded for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax basis of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards, using expected tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on technical merits, that the position will be sustained upon examination. Because, the Company elected and qualified to be taxed as a REIT commencing with the taxable year ended December 31, 2013, it does not anticipate that any applicable deferred tax assets or liabilities will be realized.
Significant judgment is required in determining the Company's tax provision and in evaluating its tax positions. The Company establishes tax reserves based on a benefit recognition model, which the Company believes could result in a greater amount of benefit (and a lower amount of reserve) being initially recognized in certain circumstances. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50 percent likely of being ultimately realized upon settlement. The Company derecognizes the tax position when the likelihood of the tax position being sustained is no longer more likely than not.
The Company recognizes deferred income taxes in certain of its subsidiaries taxable in the U.S. or in foreign jurisdictions. Deferred income taxes are generally the result of temporary differences (items that are treated differently for tax purposes than for GAAP purposes). In addition, deferred tax assets arise from unutilized tax net operating losses, generated in prior years. The Company provides a valuation allowance against its deferred income tax assets when it believes that it is more likely than not that all or some portion of the deferred income tax asset may not be realized. Whenever a change in circumstances causes a change in the estimated realizability of the related deferred income tax asset, the resulting increase or decrease in the valuation allowance is included in deferred income tax expense (benefit).
The Company derives most of its REIT taxable income from its real estate operations in the U.S. and has historically distributed all of its REIT taxable income to its shareholders. As such, the Company's real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations may be subject to certain state, local, and foreign taxes, as applicable.
The Company's deferred tax assets and liabilities are primarily the result of temporary differences related to the following:
Basis differences between tax and GAAP for certain international real estate investments. For income tax purposes, in certain acquisitions, the Company assumes the seller’s basis, or the carry-over basis, in the acquired assets. The carry-over basis is typically lower than the purchase price, or the GAAP basis, resulting in a deferred tax liability with an offsetting increase to goodwill or the acquired tangible or intangible assets;
Timing differences generated by differences in the GAAP basis and the tax basis of assets such as those related to capitalized acquisition costs and depreciation expense; and
Tax net operating losses in certain subsidiaries, including those domiciled in foreign jurisdictions that may be realized in future periods if the respective subsidiary generates sufficient taxable income.

9

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

The Company recognizes current income tax expense for state and local income taxes and taxes incurred in its foreign jurisdictions. The Company's current income tax expense fluctuates from period to period based primarily on the timing of its taxable income. For the three months ended March 31, 2017 and 2016, the Company recognized an income tax expense of $0.9 million and $0.6 million, respectively. Deferred income tax (expense) benefit is generally a function of the period’s temporary differences and the utilization of net operating losses generated in prior years that had been previously recognized as deferred income tax assets from state and local taxes in the U.S. or in foreign jurisdictions.
Revision to previously issued financial statements
During the six months ended June 30, 2016, the Company identified errors in the preparation of its consolidated statements of comprehensive income (loss) and consolidated statement of changes in equity since 2014 which impacted the quarterly financial statements for the periods ended March 31, June 30 and September 30, 2015 and 2014 and the years ended December 31, 2015 and 2014. Specifically, the Company had been reflecting the fair value adjustments for its cross currency derivatives designated as net investment hedges on its foreign investments as part of “Designated derivatives - fair value adjustments” within Other Comprehensive Income ("OCI") rather than treating them as part of “Cumulative translation adjustments” also in OCI consistent with the treatment of the hedged item as required by ASC 815. The Company concluded that the errors noted above were not material to any historical periods presented. However, in order to correctly present the cumulative translation adjustment and designated derivatives, fair value adjustment in the appropriate period, management revised previously issued financial statements. The Company has revised its presentations of OCI for the first quarter of 2017 for comparative purposes. The effects of these revisions are summarized below:
(In thousands)
 
As originally Reported
 
Adjustment
 
As Revised
Three months ended March 31, 2016
 
 
 
 
 
 
Cumulative translation adjustment
 
$
2,996

 
$
(2,930
)
 
$
66

Designated derivatives, fair value adjustments
 
(11,316
)
 
2,930

 
(8,386
)
Total OCI
 
$
(8,320
)
 
$

 
$
(8,320
)
Out-of-period adjustments
During the first and second quarters of 2015, the Company had recorded the following out-of period adjustments to correct errors from prior periods: (i) additional rental income and accrued rent of $0.3 million related to the straight-line rent effect of correctly including termination payments required under leases with cancellation clauses that were considered probable when assessing the lease term and (ii) additional taxes of $0.9 million representing current foreign taxes payable of $1.2 million and a deferred tax asset of $0.3 million, both relating to 2014. The Company also recorded an out-of-period adjustment in the fourth quarter 2015 to correct an additional error in income taxes of $0.5 million relating to 2014 which resulted from errors in estimating its income tax expense. The Company concluded that these adjustments were not material to the financial position or results of operations for the current period or any of the prior periods, accordingly, the Company recorded the related adjustments in the periods they were identified during the year ended December 31, 2015.
In addition, the Company identified errors in accounting for certain cross currency derivatives that were no longer designated as hedges subsequent to their restructuring on February 4, 2015 (see Note 8Derivatives and Hedging Activities). Gains that should have been included in net income (loss) were instead included in other comprehensive income (loss) of approximately $0.5 million during the three month period ended March 31, 2015. The Company has concluded that this adjustment is not material to the financial position or results of operations for the prior periods. The Company recorded the related adjustment in the period it was identified during the year ended December 31, 2015.
Listing Note
Concurrent with the Listing, the Company, as the general partner of the OP, caused the OP, subject to the terms of the Second Amended and Restated Limited Partnership Agreement, to issue a note (the "Listing Note") to the Special Limited Partner, to evidence the OP’s obligation to distribute to the Special Limited Partner an aggregate amount (the "Listing Amount") equal to 15.0% of the difference (to the extent the result is a positive number) between:
the sum of (i) the "market value" (as defined in the Listing Note) of all of the Company’s outstanding shares of Common Stock plus (ii) the sum of all distributions or dividends (from any source) paid by the Company to its stockholders prior to the Listing; and

10

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

the sum of (i) the total amount raised in the Company’s IPO and its DRIP prior to the Listing ("Gross Proceeds") plus (ii) the total amount of cash that, if distributed to those stockholders who purchased shares in the IPO and under the DRIP, would have provided those stockholders a 6.0% cumulative, non-compounded, pre-tax annual return (based on a 365-day year) on the Gross Proceeds.
The market value used to calculate the Listing Amount was not determinable until January 2016, which was the end of a measurement period of 30 consecutive trading days, that commenced on the 180th calendar day following the Listing. The Special Limited Partner had the right to receive distributions of Net Sales Proceeds, as defined in the Listing Note, until the Listing Note is paid in full; provided that, the Special Limited Partner had the right, but not the obligation, to convert the entire special limited partner interest into OP Units. Those OP Units would be convertible for the cash value of a corresponding number of shares of Common Stock or, at the Company's option, a corresponding number of shares of Common Stock in accordance with the terms contained in the Second Amended and Restated Limited Partnership Agreement.
Until the amount of the Listing Note was determined, the Listing Note was considered a liability which was marked to fair value at each reporting date, with changes in the fair value recorded in the consolidated statements of operations. The final value of the Listing Note on maturity at January 2016 was determined to be zero.
Multi-Year Outperformance Agreement
Concurrent with the Listing and modifications to the Advisor agreement, the Company entered into a Multi-Year Outperformance Agreement (the “OPP”) with the OP and the Advisor (see Note 13 Share-Based Compensation). The Company records equity based compensation expense associated with the awards over the requisite service period of five years. The cumulative equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance.
Recently Issued Accounting Pronouncements
Adopted:
In March 2016, the FASB issued ASU 2016-05 Derivatives and Hedging (Topic 815), Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships. Under the new guidance, the novation of a derivative contract in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The guidance is effective for fiscal years beginning after December 15, 2016, and interim periods therein. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In March 2016, the FASB issued an update on ASU 2016-09 Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The guidance changes the accounting for certain aspects of share-based compensation. Among other things, the revised guidance allows companies to make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In October 2016, the FASB issued ASU 2016-17 Interest Held through Related Parties that Are under Common Control (Topic 810) guidance where a reporting entity will need to evaluate if it should consolidate a VIE. The amendments change the evaluation of whether a reporting entity is the primary beneficiary of a VIE by changing how a single decision maker of a VIE treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.

11

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

In January 2017, the FASB issued ASU 2017-01 Clarifying the Definition of a Business (Topic 805) guidance that revises the definition of a business. Amongst other things, this new guidance is applicable when evaluating whether an acquisition (disposal) should be treated as either a business acquisition (disposal) or an asset acquisition (disposal). Under the revised guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset or group of similar assets, the assets acquired would not be considered a business. The revised guidance is effective for reporting periods beginning after December 15, 2017, and the amendments will be applied prospectively. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. While Company's acquisitions have historically been classified as either business combinations or asset acquisitions, certain acquisitions that were classified as business combinations by the Company likely would have been considered asset acquisitions under the new standard. As a result, future transaction costs are more likely to be capitalized since the Company expects most of its future acquisitions to be classified as asset acquisitions under this new standard.
Pending Adoption:
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). Under the revised guidance, an entity is required to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised guidance allows entities to apply either a full retrospective or modified retrospective transition method upon adoption. In July 2015, the FASB finalized a one-year delay of the revised guidance, although entities will be allowed to early adopt the guidance as of the original effective date. The new guidance will be effective in the Company's 2018 fiscal year. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In January 2016, the FASB issued ASU 2016-01 Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10). The revised guidance amends the recognition and measurement of financial instruments. The new guidance significantly revises an entity’s accounting related to equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. Among other things, it also amends the presentation and disclosure requirements associated with the fair value of financial instruments. The revised guidance is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is not permitted for most of the amendments in the update. The Company is currently evaluating the impact of this new guidance.
In February 2016, the FASB issued ASU 2016-02 Leases (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company’s consolidated financial statements as the Company has certain operating and land lease arrangements for which it is the lessee. ASC 842 supersedes the previous leases standard, ASC 840 Leases. The standard is effective on January 1, 2019, with early adoption permitted. The Company is in the process of evaluating the impact of this new guidance.
In March 2016, the FASB issued ASU 2016-08 Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net). The guidance requires an entity to determine whether the nature of its promise to provide goods or services to a customer is performed in a principal or agent capacity and to recognize revenue in a gross or net manner based on its principal/agent designation. This guidance is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In April 2016, the FASB issued ASU 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. The amendments in this update do not change the core principle of the guidance in Topic 606 but rather, clarify aspects of identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.

12

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

In May 2016, the FASB issued ASU 2016-12 Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients. The amendments provide clarifying guidance in a few narrow areas and add some practical expedients to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with Topic 606, which the FASB expects will reduce the potential for diversity arising in practice and reduce the cost and complexity of applying the guidance. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In August 2016, the FASB issued ASU 2016-15 Statement of Cash Flows (Topic 230) guidance on how certain transactions should be classified and presented in the statement of cash flows as either operating, investing or financing activities. Among other things, the update provides specific guidance on where to classify debt prepayment and extinguishment costs, payments for contingent consideration made after a business combination and distributions received from equity method investments. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In November 2016, the FASB issued ASU 2016-18 Restricted Cash (a consensus of the FASB Emerging Issues Task Force) (Topic 230) guidance on the classification of restricted cash in the statement of cash flows. The amendment requires restricted cash to be included in the beginning-of-period and end-of-period total cash amounts. Therefore, transfers between cash and restricted cash will no longer be shown on the statement of cash flows. The guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In January 2017, the FASB issued ASU 2017-04 Intangibles - Goodwill and Other (Topic 350) guidance on simplifying subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this update modify the concept of impairment from the condition that exists to when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. The revised guidance is effective for reporting periods beginning after December 15, 2019, and the amendments will be applied prospectively. Early application is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of this new guidance.
In February 2017, the FASB issued ASU 2017-05, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets guidance related to partial sales of non-financial assets, eliminates rules specifically addressing the sales of real estate, clarifies the definition of in substance non-financial assets, removes exception to the financial asset derecognition model and clarifies the accounting for contributions of non-financial assets to joint ventures. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted, but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating the impact of this new guidance.
Note 3 — Merger Transaction
Pursuant to the Merger Agreement, each outstanding share of Global II's common stock, including restricted shares of common stock, par value $0.01 per share ("Global II Common Stock"), other than shares owned by the Company, any subsidiary of the Company or any wholly owned subsidiary of Global II, was converted into the right to receive 2.27 shares of the Company's Common Stock (such consideration, the “Stock Merger Consideration”), and each outstanding unit of limited partnership interest and Class B interest of the Global II OP (collectively, “Global II OP Units”) was converted into the right to receive 2.27 shares of the Company's Common Stock (the “Partnership Merger Consideration” and, together with the Stock Merger Consideration, the “Merger Consideration”), in each case with cash paid in lieu of fractional shares.
In addition, as provided in the Merger Agreement, all outstanding restricted stock of Global II became fully vested and entitled to receive the Merger Consideration.
The Company issued 9.6 million of its Common Stock as consideration in the Merger. Based upon the closing price of the shares of the Company's Common Stock of $23.10 on December 21, 2016, as reported on the NYSE, and the number of shares of Global II Common Stock outstanding, including unvested restricted shares and OP Units, net of any fractional shares on December 21, 2016, the aggregate fair value of the Merger Consideration paid to former holders of Global II Common Stock and former holders of units of Global II OP Units was $220.9 million.

13

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

On December 22, 2016 (the "Merger Date"), pursuant to the Merger Agreement, Global II merged with and into the Merger Sub. In addition, Global II OP, merged with the OP (see Note 1 — Organization for details). The fair value of the consideration transferred for the Mergers totaled $220.9 million and consisted of the following:
 
 
As of Merger Date
Fair value of consideration transferred:
 
 
Cash
 
$

Common stock
 
220,868

Total consideration transferred
 
$
220,868

Accounting Treatment of the Mergers
The Mergers are accounted for under the acquisition method for business combinations pursuant to GAAP, with the Company as the accounting acquirer of Global II. The consideration to be transferred by the Company to acquire Global II establishes a new accounting basis for the assets acquired, liabilities assumed and any non-controlling interests, measured at their respective fair value as of the Merger Date. To the extent fair value of the Merger Consideration exceeds fair value of net assets acquired, any such excess represents goodwill. Alternatively, if fair value of net assets acquired exceeds fair value of the Merger Consideration, the transaction could result in a bargain purchase gain that is recognized immediately in earnings and attributable to the Company's common stockholders. Adjustments to estimated fair value of identifiable assets and liabilities of Global II, as well as adjustments to the Merger Consideration may change the determination and amount of goodwill and/or bargain purchase gain and may impact depreciation, amortization and accretion based on revised fair value of assets acquired and liabilities assumed. The actual value of the Merger Consideration is based upon the market price of the Company's Common Stock at the time of closing of the Merger.

14

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Allocation of Consideration
The consideration transferred pursuant to the Merger was allocated to the assets acquired and liabilities assumed for Global II, based upon their estimated fair values as of the Merger Date. As of December 31, 2016, the allocations in the table below from land, buildings and fixtures and improvements, acquired intangible lease assets and liabilities, were provisionally assigned to each class of assets and liabilities, pending final confirmation, which will be made with assistance from a third party specialist for the Merger acquisitions acquired on the Merger Date. The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, including all measurement period adjustments as of March 31, 2017.
(Dollar amounts in thousands)
 
Global II
Total consideration:
 
 
Fair value of Company's shares of common stock issued, net of fractional shares
 
$
220,868

Assets Acquired at Fair Value
 
 
Land
 
70,921

Buildings, fixtures and improvements
 
390,542

Acquired intangible lease assets
 
112,866

Total real estate investments, at fair value
 
574,329

Restricted cash
 
7,575

Derivatives, at fair value
 
21,808

Prepaid expenses and other assets
 
1,317

Related party notes receivable acquired in Merger
 
5,138

Due from related parties
 
1,463

Deferred tax assets
 
368

Goodwill and other intangible assets, net
 
10,282

Total Assets Acquired at Fair Value
 
622,280

Liabilities Assumed at Fair Value
 
 
Mortgage notes payable
 
279,032

Mortgage (discount) premium, net
 
(2,724
)
Mezzanine facility
 
107,047

Mezzanine discount, net
 
(26
)
Acquired intangible lease liabilities, net
 
8,516

Derivatives, at fair value
 
3,911

Accounts payable and accrued expenses
 
7,212

Prepaid rent
 
6,001

Deferred tax liability
 
9,763

Taxes payable
 
1,661

Dividend payable
 
2

Total Liabilities Assumed at Fair Value
 
420,395

Net assets acquired excluding cash
 
201,885

Cash acquired on acquisition
 
$
18,983

See Note 4Real Estate Investments, Net for pro forma disclosures relating to the Global II Merger in 2016 and other property acquisitions during the three months ended March 31, 2017.


15

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Acquired Related Party Receivable
On December 16, 2016, Global II entered into a letter agreement (the “Letter Agreement”) with American Realty Capital Global II Advisors, LLC (“Global II Advisor”), and AR Global, the parent of the Global II Advisor, pursuant to which the Global II Advisor agreed to reimburse Global II $6.3 million in organization and offering costs incurred by Global II in its IPO (the “Global II IPO”) that exceeded 2.0% of gross offering proceeds in the Global II IPO (the “Excess Amount”). Global II's IPO was suspended in November 2015 and lapsed in accordance with its terms in August 2016. The Letter Agreement was negotiated on behalf of Global II, and approved, by the independent directors of Global II.
The Letter Agreement provided for reimbursement of the Excess Amount to Global II through (1) the tender of 22,115 Class B Units of limited partnership interest of Global II’s OP ("Global II Class B Units"), previously issued to the Global II Advisor as payment in lieu of cash for its provision of asset management services, and (2) the payment of the balance of the Excess Amount in equal cash installments over an eight month period. The value of the Excess Amount was determined using a valuation for each Global II Class B Unit based on the 30-day volume weighted average price of each share of of Company Stock on the Merger Date.
Upon consummation of the Merger, Class B Units were tendered to the Company and the balance of the excess amount of $5.1 million was payable in eight equal monthly installments beginning on January 15, 2017. Such receivable was acquired by the Company in the Merger. During the three months ended March 31, 2017, the Company received $1.9 million in payments with respect to the excess organization and offering costs incurred by Global II. AR Global has unconditionally and irrevocably guaranteed Global II Advisor’s obligations to repay the monthly installments.
Note 4 — Real Estate Investments, Net
Property Acquisitions
The following table presents the allocation of the assets acquired and liabilities assumed during the three months ended March 31, 2017 based on contract purchase price, excluding acquisition related costs, based on the exchange rate at the time of purchase. There were no acquisitions during the three months ended March 31, 2016.
 
 
Three Months Ended
(Dollar amounts in thousands)
 
March 31, 2017
Real estate investments, at cost:
 
 
Land
 
$
5,443

Buildings, fixtures and improvements
 
22,131

Total tangible assets
 
27,574

Intangibles acquired:
 
 
In-place leases
 
4,003

Above market lease assets
 
47

Below market lease liabilities
 
(1,334
)
Total assets acquired, net
 
30,290

Mortgage notes payable used to acquire real estate investments
 

Cash paid for acquired real estate investments
 
$
30,290

Number of properties purchased
 
3

Dispositions
As of March 31, 2017 and December 31, 2016, the Company did not have any properties that are classified as assets held for sale. The Company did not sell any real estate assets during the three months ended March 31, 2016. During the three months ended March 31, 2017, the Company sold its property located in Fort Washington, Pennsylvania for a total contract sales price of $13.0 million for a gain of $0.4 million, which is reflected in gains on dispositions of real estate investments in the accompanying consolidated statements of operations for the three months ended March 31, 2017. Also included in gains on dispositions of real estate investments is approximately $0.6 million reduction in the Gain Fee payable to the Advisor as a result of reinvestments during the three months ended March 31, 2017 (see Note 11 —  Related Party Transactions for details).

16

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Future Minimum Rents
The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of March 31, 2017. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indices among other items.
(In thousands)
 
Future Minimum
Base Rent Payments (1)
2017 (remainder)
 
$
171,422

2018
 
232,008

2019
 
234,884

2020
 
237,695

2021
 
235,617

2022
 
226,038

Thereafter
 
805,696

 
 
$
2,143,360

___________________________________________
(1) 
Based on the exchange rates as of March 31, 2017.
There were no tenants whose annualized rental income on a straight-line basis represented 10.0% or greater of consolidated annualized rental income on a straight-line basis for all portfolio properties as of March 31, 2017 and 2016.
The following table lists the countries and states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than 10.0% of consolidated annualized rental income on a straight-line basis as of March 31, 2017 and 2016.
 
 
March 31,
Country or State
 
2017
 
2016
United Kingdom
 
21.8%
 
18.6%
United States:
 
 
 
 
Texas
 
*
 
11.4%
___________________________________________
*
Geography's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.


17

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Note 5 — Credit Borrowings
Credit Facility
On July 25, 2013, the Company, through the OP, entered into a credit facility (the "Credit Facility") that provided for aggregate revolving loan borrowings of up to $50.0 million (subject to borrowing base availability). The Credit Facility has been amended at various times, and maximum borrowings have increased to $740.0 million, with the most recent increase being on August 24, 2015. The Company had $698.2 million (including £177.2 million and €310.2 million) and $616.6 million (including £177.2 million and €258.9 million) outstanding under the Credit Facility as of March 31, 2017 and December 31, 2016, respectively.
Availability of borrowings is based on a pool of eligible unencumbered real estate assets. On July 25, 2016, the Company extended the maturity date of the Credit Facility to July 25, 2017, for an extension fee of $1.5 million. There is an additional one-year extension option remaining, subject to certain conditions.
The Company has the option, based upon its consolidated leverage ratio, to have draws under the Credit Facility priced at either the Alternate Base Rate (as described below) plus 0.60% to 1.20% or at Adjusted LIBOR (as described below) plus 1.60% to 2.20%. The Alternate Base Rate is defined in the Credit Facility as a rate per annum equal to the greatest of (a) the fluctuating annual rate of interest announced from time to time by the lender as its “prime rate” in effect on such day, (b) the federal funds effective rate in effect on such day plus half of 1% and (c) the Adjusted LIBOR for a one-month interest period on such day plus 1%. Adjusted LIBOR refers to LIBOR multiplied by the statutory reserve rate, as determined by the Federal Reserve System of the United States. The Credit Facility agreement requires the Company to pay an unused fee per annum of 0.25% if the unused balance of the Credit Facility exceeds or is equal to 50% of the available facility or a fee per annum of 0.15% if the unused balance of the Credit Facility is less than 50% of the available facility. As of March 31, 2017, the Credit Facility reflected variable and fixed rate borrowings with a carrying value and fair value of $698.2 million, and a weighted average effective interest rate of 2.6% after giving effect to interest rate swaps in place. The unused borrowing capacity under the Credit Facility as of March 31, 2017 and December 31, 2016 was $33.1 million and $113.0 million, respectively.
The Credit Facility agreement provides for quarterly interest payments for each Alternate Base Rate loan and periodic payments for each Adjusted LIBOR loan, based upon the applicable LIBOR loan period, with all principal outstanding being due on the extended maturity date in July 2017. The Credit Facility agreement may be prepaid at any time, in whole or in part, without premium or penalty, subject to prior notice to the lender. In the event of a default, the lender has the right to terminate its obligations under the Credit Facility agreement and to accelerate the payment on any unpaid principal amount of all outstanding loans. The Credit Facility requires the Company to meet certain financial covenants, including the maintenance of certain financial ratios (such as specified debt to equity and debt service coverage ratios) as well as the maintenance of a minimum net worth. As of March 31, 2017, the Company was in compliance with the financial covenants under the Credit Facility.
A portion of foreign currency draws under the Credit Facility are designated as net investment hedges of the Company's investments during the periods reflected in the consolidated statements of operations (see Note 8 — Derivatives and Hedging Activities for further discussion).
Bridge Loan Facility
On August 8, 2016, in connection with the execution of the Merger Agreement, the OP entered into a bridge loan commitment letter (the "Bridge Commitment"), pursuant to which UBS Securities LLC and UBS AG, Stamford Branch agreed to provide a $150.0 million senior secured bridge loan facility for a term of 364 days from the date of the merger transaction. The Bridge Commitment required a 1.50% fee of the commitment amount upon execution. Upon closing of the Merger, the Company did not exercise its rights under the Bridge Commitment and as a result thereof, the Bridge Commitment was automatically terminated at the Merger.
Mezzanine Facility
In connection with the Merger, the Company assumed a mezzanine loan agreement (the "Mezzanine Facility") with an estimated aggregate fair value of $107.0 million. The Mezzanine Facility, which provided for aggregate borrowings up to €128.0 million ($136.7 million based upon an exchange rate as of March 31, 2017) subject to certain conditions. The Mezzanine Facility bore interest at 8.25% per annum, payable quarterly, and was scheduled to mature on August 13, 2017.
On March 30, 2017, the Company terminated the Mezzanine Facility agreement and repaid in full the outstanding balance of $56.5 million (or €52.7 million). The outstanding balance of the Mezzanine Facility was $55.4 million (or €52.7 million) as of December 31, 2016. The Company had no unused borrowing capacity under the Mezzanine Facility as of December 31, 2016.
Unencumbered Assets
The total gross carrying value of unencumbered assets as of March 31, 2017 was $1.5 billion.

18

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Note 6 — Mortgage Notes Payable
Mortgage notes payable as of March 31, 2017 and December 31, 2016 consisted of the following:
 
 
 
 
Encumbered Properties
 
Outstanding Loan Amount (1)
 
Effective Interest Rate
 
Interest Rate
 
 
Country
 
Portfolio
 
 
March 31, 2017
 
December 31, 2016
 
 
 
Maturity
 
 
 
 
 
 
(In thousands)
 
(In thousands)
 
 
 
 
 
 
Finland:
 
Finnair
 
4
 
$
30,338

 
$
29,878

 
2.2%
(2) 
Fixed
 
Sep. 2020
 
 
Tokmanni
 
1
 
30,952

 
30,483

 
2.4%
(2) 
Fixed
 
Oct. 2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
France:
 
Auchan (5)
 
1
 
8,866

 
8,732

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Pole Emploi (5)
 
1
 
6,196

 
6,102

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Sagemcom (5)
 
1
 
38,349

 
37,768

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Worldline (5)
 
1
 
5,341

 
5,260

 
1.9%
(2) 
Fixed
 
Jul. 2020
 
 
DCNS (5)
 
1
 
10,148

 
9,994

 
1.5%
(2) 
Fixed
 
Dec. 2020
 
 
ID Logistics II (5)
 
2
 
11,216

 
11,046

 
1.3%
 
Fixed
 
Jun. 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Germany
 
Rheinmetall
 
1
 
11,323

 
11,152

 
2.6%
(2) 
Fixed
 
Jan. 2019
 
 
OBI DIY
 
1
 
4,807

 
4,734

 
2.4%
 
Fixed
 
Jan. 2019
 
 
RWE AG
 
3
 
66,765

 
65,753

 
1.6%
(2) 
Fixed
 
Oct. 2019
 
 
Rexam
 
1
 
5,619

 
5,534

 
1.8%
(2) 
Fixed
 
Oct. 2019
 
 
Metro Tonic
 
1
 
28,308

 
27,879

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
ID Logistics I (5)
 
1
 
4,273

 
4,208

 
1.0%
 
Fixed
 
Oct. 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Luxembourg:
 
DB Luxembourg (5)
 
1
 
38,456

 
37,873

 
1.4%
(2) 
Fixed
 
May 2020
The Netherlands:
 
ING Amsterdam (5)
 
1
 
47,002

 
46,290

 
1.7%
(2) 
Fixed
 
Jun. 2020
 
 
Total EUR denominated
 
22
 
347,959

 
342,686

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United Kingdom:
 
McDonald's
 
1
 
949

 
938

 
4.1%
(2) 
Fixed
 
Oct. 2017
 
 
Wickes Building Supplies I
 
1
 
2,431

 
2,402

 
3.7%
(2) 
Fixed
 
May 2018
 
 
Everything Everywhere
 
1
 
4,995

 
4,936

 
4.0%
(2) 
Fixed
 
Jun. 2018
 
 
Thames Water
 
1
 
7,493

 
7,405

 
4.1%
(2) 
Fixed
 
Jul. 2018
 
 
Wickes Building Supplies II
 
1
 
2,060

 
2,036

 
4.2%
(2) 
Fixed
 
Jul. 2018
 
 
Northern Rock
 
2
 
6,556

 
6,479

 
4.4%
(2) 
Fixed
 
Sep. 2018
 
 
Wickes Building Supplies III
 
1
 
2,373

 
2,345

 
4.3%
(2) 
Fixed
 
Nov. 2018
 
 
Provident Financial
 
1
 
15,922

 
15,735

 
4.1%
(2) 
Fixed
 
Feb. 2019
 
 
Crown Crest
 
1
 
24,039

 
23,757

 
4.2%
(2) 
Fixed
 
Feb. 2019
 
 
Aviva
 
1
 
19,606

 
19,376

 
3.8%
(2) 
Fixed
 
Mar. 2019
 
 
Bradford & Bingley
 
1
 
9,441

 
9,330

 
3.5%
(2) 
Fixed
 
May 2020
 
 
Intier Automotive Interiors
 
1
 
5,900

 
5,831

 
3.5%
(2) 
Fixed
 
May 2020
 
 
Capgemini
 
1
 
6,868

 
6,788

 
3.2%
(2) 
Fixed
 
Jun. 2020
 
 
Fujitsu
 
3
 
30,945

 
30,581

 
3.2%
(2) 
Fixed
 
Jun. 2020
 
 
Amcor Packaging
 
7
 
3,904

 
3,858

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Fife Council
 
1
 
2,290

 
2,263

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Malthrust
 
3
 
3,996

 
3,949

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Talk Talk
 
1
 
4,777

 
4,721

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
HBOS
 
3
 
6,731

 
6,652

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
DFS Trading
 
5
 
12,662

 
12,513

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
DFS Trading
 
2
 
2,964

 
2,930

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
HP Enterprise Services
 
1
 
11,597

 
11,461

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
Foster Wheeler
 
1
 
49,077

 
48,501

 
2.6%
(2) 
Fixed
 
Oct. 2018
 
 
Harper Collins
 
1
 
35,059

 
34,648

 
3.4%
(2) 
Fixed
 
Oct. 2019

19

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

 
 
 
 
Encumbered Properties
 
Outstanding Loan Amount (1)
 
Effective Interest Rate
 
Interest Rate
 
 
Country
 
Portfolio
 
 
March 31, 2017
 
December 31, 2016
 
 
 
Maturity
 
 
NCR Dundee
 
1
 
7,043

 
6,960

 
2.9%
(2) 
Fixed
 
Apr. 2020
 
 
Total GBP denominated
 
43
 
279,678

 
276,395

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States:
 
Quest Diagnostics
 
1
 
52,800

 
52,800

 
2.8%
(3) 
Variable
 
Sep. 2018
 
 
Western Digital
 
1
 
17,600

 
17,682

 
5.3%
 
Fixed
 
Jul. 2021
 
 
AT&T Services
 
1
 
33,550

 
33,550

 
2.9%
(4) 
Variable
 
Dec. 2020
 
 
FedEx Freight (5)
 
1
 
6,165

 
6,165

 
4.5%
 
Fixed
 
Jun. 2021
 
 
Veolia Water (5)
 
1
 
4,110

 
4,110

 
4.5%
 
Fixed
 
Jun. 2021
Puerto Rico:
 
Encanto Restaurants
 
18
 
21,474

 
21,599

 
6.3%
 
Fixed
 
Jun. 2017
 
 
Total USD denominated
 
23
 
135,699

 
135,906

 
 
 
 
 
 
 
 
Gross mortgage notes payable
 
88
 
763,336

 
754,987

 
2.8%
 
 
 
 
 
 
Deferred financing costs, net of accumulated amortization
 
 
(4,726
)
 
(5,103
)
 
—%
 
 
 
 
 
 
Mortgage notes payable, net of deferred financing costs
 
88
 
$
758,610

 
$
749,884

 
2.8%
 
 
 
 
_______________________________
(1) 
Amounts borrowed in local currency and translated at the spot rate as of the respective measurement date.
(2) 
Fixed as a result of an interest rate swap agreement.
(3) 
The interest rate is 2.0% plus 1-month LIBOR.
(4) 
The interest rate is 2.0% plus 1-month Adjusted LIBOR as defined in the mortgage agreement.
(5) 
New mortgages acquired as part of the Merger on the Merger Date.
In connection with the Global II Merger, the OP assumed the outstanding gross mortgage notes payable with an estimated aggregate fair value of $279.0 million at the Merger Date.
The following table presents future scheduled aggregate principal payments on the gross mortgage notes payable over the next five calendar years and thereafter as of March 31, 2017:
(In thousands)
 
Future Principal Payments (1)
2017 (remainder)
 
$
22,661

2018
 
128,121

2019
 
265,214

2020
 
305,276

2021
 
42,064

2022
 

Thereafter
 

Total
 
$
763,336

_________________________
(1) 
Based on the exchange rates as of March 31, 2017.
The Company's mortgage notes payable agreements require compliance with certain property-level financial covenants including debt service coverage ratios. As of March 31, 2017 and December 31, 2016, the Company was in compliance with financial covenants under its mortgage notes payable agreements.
Note 7 — Fair Value of Financial Instruments
The Company determines fair value based on quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. This alternative approach also reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The guidance defines three levels of inputs that may be used to measure fair value:

20

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Level 1 — Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date.
Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability.
Level 3 — Unobservable inputs that reflect the entity's own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques.
The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures each quarter and depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, the Company expects that changes in classifications between levels will be rare.
Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. As of March 31, 2017 and December 31, 2016, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of the Company's derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.
The valuation of derivative instruments is determined using a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, as well as observable market-based inputs, including interest rate curves and implied volatilities. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company's potential nonperformance risk and the performance risk of the counterparties.
Financial Instruments Measured at Fair Value on a Recurring Basis
The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016, aggregated by the level in the fair value hierarchy within which those instruments fall.
(In thousands)
 
Quoted Prices in Active Markets
Level 1
 
Significant Other Observable Inputs
Level 2
 
Significant Unobservable Inputs
Level 3
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
Cross currency swaps, net (GBP & EUR)
 
$

 
$
18,061

 
$

 
$
18,061

Foreign currency forwards, net (GBP & EUR)
 
$

 
$
5,929

 
$

 
$
5,929

Interest rate swaps, net (GBP & EUR)
 
$

 
$
(13,508
)
 
$

 
$
(13,508
)
Put options (GBP & EUR)
 
$

 
302

 
$

 
$
302

OPP (see Note 13)
 
$

 
$

 
$
(10,900
)
 
$
(10,900
)
December 31, 2016
 
 
 
 
 
 
 
 
Cross currency swaps, net (GBP & EUR)
 
$

 
$
21,179

 
$

 
$
21,179

Foreign currency forwards, net (GBP & EUR)
 
$

 
$
6,998

 
$

 
$
6,998

Interest rate swaps, net (GBP & EUR)
 
$

 
$
(15,457
)
 
$

 
$
(15,457
)
Put options (GBP & EUR)
 
$

 
$
523

 
$

 
$
523

OPP (see Note 13)
 
$

 
$

 
$
(13,400
)
 
$
(13,400
)
The valuation of the OPP is determined using a Monte Carlo simulation. This analysis reflects the contractual terms of the OPP, including the performance periods and total return hurdles, as well as observable market-based inputs, including interest rate curves, and unobservable inputs, such as expected volatility. As a result, the Company has determined that its OPP valuation in its entirety is classified in Level 3 of the fair value hierarchy.

21

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

A review of the fair value hierarchy classification is conducted on a quarterly basis. Changes in the type of inputs may result in a reclassification for certain assets. There were no transfers between Level 1 and Level 2 of the fair value hierarchy during the three months ended March 31, 2017.
Level 3 Valuations
The following is a reconciliation of the beginning and ending balances for the changes in the instrument with Level 3 inputs in the fair value hierarchy for the three months ended March 31, 2017:
(In thousands)
 
OPP
Beginning Balance as of December 31, 2016
 
$
13,400

   Fair value adjustment
 
(2,500
)
Ending balance as of March 31, 2017
 
$
10,900

The following table provides quantitative information about the significant Level 3 input used:
Financial Instrument
 
Fair Value at March 31, 2017
 
Principal Valuation Technique
 
Unobservable Inputs
 
Input Value
 
 
(In thousands)
 
 
 
 
 
 
OPP
 
$
10,900

 
Monte Carlo Simulation
 
Expected volatility
 
28.0%
The following discussion provides a description of the impact on a fair value measurement of a change in each unobservable input in isolation. For the relationship described below, the inverse relationship would also generally apply.
Expected volatility is a measure of the variability in possible returns for an instrument, parameter or market index given how much the particular instrument, parameter or index changes in value over time. Generally, the higher the expected volatility of the underlying, the wider the range of potential future returns. An increase in expected volatility, in isolation, would generally result in an increase in the fair value measurement of an instrument.
Financial Instruments not Measured at Fair Value on a Recurring Basis
The Company is required to disclose the fair value of financial instruments for which it is practicable to estimate value. The fair value of short-term financial instruments such as cash and cash equivalents, due to/from related parties, accounts payable and dividends payable approximate their carrying value on the consolidated balance sheets due to their short-term nature. The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.
 
 
 
 
Carrying Amount(1)
 
Fair Value
 
Carrying Amount(2)
 
Fair Value
(In thousands)
 
Level
 
March 31,
2017
 
March 31,
2017
 
December 31,
2016
 
December 31,
2016
Mortgage notes payable (1) (2)
 
3
 
$
760,936

 
$
756,389

 
$
752,484

 
$
747,870

Credit Facility
 
3
 
$
698,203

 
$
698,203

 
$
616,614

 
$
616,614

Mezzanine Facility (3)
 
3
 
$

 
$

 
$
55,383

 
$
55,400

__________________________________________________________
(1) 
Carrying value includes $763.3 million gross mortgage notes payable and $2.4 million mortgage discount, net as of March 31, 2017.
(2) 
Carrying value includes $755.0 million gross mortgage notes payable and $2.5 million mortgage discount, net as of December 31, 2016.
(3) 
Carrying value includes $55.4 million Mezzanine Facility and $17,000 mezzanine discount, net as of December 31, 2016.
The fair value of the gross mortgage notes payable is estimated using a discounted cash flow analysis, based on the Advisor's experience with similar types of borrowing arrangements. On July 25, 2016, the Company extended the maturity date of the Credit Facility to July 25, 2017 with an additional one-year extension option remaining, subject to certain conditions. Advances under the Credit Facility are considered to be reported at fair value due to the short-term nature of the maturity. The Mezzanine Facility carried a fixed interest rate and as such the advances were considered to approximate fair value.

22

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Note 8 — Derivatives and Hedging Activities
Risk Management Objective
The Company may use derivative financial instruments, including interest rate swaps, caps, options, floors and other interest rate derivative contracts, to hedge all or a portion of the interest rate risk associated with its borrowings. Certain foreign investments expose the Company to fluctuations in foreign interest rates and exchange rates. These fluctuations may impact the value of the Company’s cash receipts and payments in terms of the Company’s functional currency. The Company enters into derivative financial instruments to protect the value or fix the amount of certain obligations in terms of its functional currency, the U.S. dollar ("USD").
The principal objective of such arrangements is to minimize the risks and/or costs associated with the Company’s operating and financial structure as well as to hedge specific anticipated transactions. The Company does not intend to utilize derivatives for speculative or other purposes other than interest rate and currency risk management. The use of derivative financial instruments carries certain risks, including the risk that the counterparties to these contractual arrangements are not able to perform under the agreements. To mitigate this risk, the Company only enters into derivative financial instruments with counterparties with high credit ratings and with major financial institutions with which the Company and its related parties may also have other financial relationships. The Company does not anticipate that any such counterparties will fail to meet their obligations.
The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Balance Sheet as of March 31, 2017 and December 31, 2016:
(In thousands)
 
Balance Sheet Location
 
March 31, 2017
 
December 31, 2016
Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign currency forwards (EUR-USD)
 
Derivative assets, at fair value
 
$
886

 
$
972

Cross currency swaps (GBP)
 
Derivative assets, at fair value
 
15,254

 
16,868

Cross currency swaps (EUR)
 
Derivative assets, at fair value
 
2,328

 
3,003

Interest rate swaps (GBP)
 
Derivative liabilities, at fair value
 
(7,805
)
 
(8,595
)
Interest rate swaps (EUR)
 
Derivative liabilities, at fair value
 
(3,554
)
 
(4,262
)
Total
 
 
 
$
7,109

 
$
7,986

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Foreign currency forwards (GBP-USD)
 
Derivative assets, at fair value
 
3,314

 
$
3,918

Foreign currency forwards (EUR-USD)
 
Derivative assets, at fair value
 
1,729

 
2,108

Put options (GBP)
 
Derivative assets, at fair value
 
56

 
131

Put options (EUR)
 
Derivative assets, at fair value
 
246

 
392

Cross currency swaps (GBP)
 
Derivative assets, at fair value
 

 
477

Cross currency swaps (EUR)
 
Derivative assets, at fair value
 
479

 
831

Interest rate swaps (EUR)
 
Derivative liabilities, at fair value
 
(2,149
)
 
(2,600
)
Total
 
 
 
$
3,675

 
$
5,257

The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of March 31, 2017 and December 31, 2016. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the accompanying consolidated balance sheets.
 
 
 
 
 
 
 
 
 
 
Gross Amounts Not Offset on the Balance Sheet
 
 

(In thousands)
 
Gross Amounts of Recognized Assets
 
Gross Amounts of Recognized (Liabilities)
 
Gross Amounts Offset on the Balance Sheet
 
Net Amounts of Assets (Liabilities) presented on the Balance Sheet
 
Financial Instruments
 
Cash Collateral Received (Posted)
 
Net Amount
March 31, 2017
 
$
24,292

 
$
(13,508
)
 
$

 
$
10,784

 
$

 
$

 
$
10,784

December 31, 2016
 
$
28,700

 
$
(15,457
)
 
$

 
$
13,243

 
$

 
$

 
$
13,243


23

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

In addition to the above derivative arrangements, the Company also uses non-derivative financial instruments to hedge its exposure to foreign currency exchange rate fluctuations as part of its risk management program, including foreign denominated debt issued and outstanding with third parties to protect the value of its net investments in foreign subsidiaries against exchange rate fluctuations. The Company draws foreign currency advances under its Credit Facility to fund certain investments in the respective local currency which creates a natural hedge against the original equity invested in the real estate investments, removing the need for the final cross currency swaps (See Note 5 — Credit Borrowings). As further discussed below, in conjunction with the restructuring of the cross currency swaps on February 4, 2015, foreign currency advances of €110.5 million and £68.5 million were drawn under the Company’s Credit Facility. The Company separately designated each foreign currency draw as a net investment hedge under ASC 815. Effective May 17, 2015, the Company modified the hedging relationship and designated all current and future foreign currency draws as net investment hedges.
Interest Rate Swaps
The Company’s objectives in using interest rate swaps are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.
As of March 31, 2017 and December 31, 2016, the Company had the following outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk:
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Interest rate swaps (GBP)
 
21
 
$
479,790

 
21
 
$
474,161

Interest rate swaps (EUR)
 
14
 
437,849

 
14
 
431,213

Total
 
35
 
$
917,639

 
35
 
$
905,374

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income (loss) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction impacts earnings. During 2017, such derivatives were used to hedge the variable cash flows associated with variable-rate debt. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. During the three months ended March 31, 2017 and 2016, the Company recorded gains of $36,000 and losses of $30,000 of ineffectiveness in earnings, respectively.
Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on the Company's variable-rate debt. During the next 12 months, the Company estimates that an additional $5.8 million will be reclassified from other comprehensive income (loss) as an increase to interest expense.
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three months ended March 31, 2017 and 2016.
 
 
Three Months Ended March 31,
(In thousands)
 
2017
 
2016
Amount of loss recognized in accumulated other comprehensive income (loss) from derivatives (effective portion)
 
$
(1,983
)
 
$
(9,566
)
Amount of loss reclassified from accumulated other comprehensive income (loss) into income as interest expense (effective portion)
 
$
(1,472
)
 
$
(1,259
)
Amount of gain (loss) recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing)
 
$
36

 
$
(30
)

24

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Cross Currency Swaps Previously Designated as Net Investment Hedges
The Company is exposed to fluctuations in foreign exchange rates on property investments in foreign countries which pay rental income, incur property related expenses and hold debt instruments in currencies other than its functional currency, the USD. The Company uses foreign currency derivatives including cross currency swaps to hedge its exposure to changes in foreign exchange rates on certain of its foreign investments. Cross currency swaps involve fixing the applicable exchange rate for delivery of a specified amount of foreign currency on specified dates.
On February 4, 2015, the Company restructured its cross currency swaps and replaced its initial USD equity funding in certain foreign real estate investments with foreign currency debt. As part of the restructuring, foreign currency advances of €110.5 million and £68.5 million were drawn under the Company’s Credit Facility which created a natural hedge against the original equity invested in the real estate investments, thus removing the need for the final equity notional component of the cross currency swaps. The cross currency swaps had been designated as net investment hedges through the date of the restructure. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in accumulated other comprehensive income (loss) (outside of earnings) as part of the cumulative translation adjustment. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of accumulated other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated. The restructuring and settlement of the cross currency swaps resulted in a gain of approximately $19.0 million, with $10.1 million in proceeds received and $8.9 million retained by the bank as a reduction of outstanding Credit Facility balance as of December 31, 2015. The gain will remain in the cumulative translation adjustment until such time as the net investments are sold or substantially liquidated in accordance with ASC 830. Following the restructuring noted above, these cross currency swaps no longer qualified for net investment hedge accounting treatment and as such, subsequent to February 5, 2015, all changes in fair value are recognized in earnings.
Foreign Denominated Debt Designated as Net Investment Hedges
Effective May 17, 2015, all foreign currency draws under the Credit Facility were designated as net investment hedges. As such, the effective portion of changes in value due to currency fluctuations are reported in accumulated other comprehensive income (loss) (outside of earnings) as part of the cumulative translation adjustment. The undesignated portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of accumulated other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated, or if the Company should no longer possess a controlling interest.
As of March 31, 2017, total foreign currency advances under the Credit Facility were approximately $552.8 million, which reflects advances of £177.2 million ($221.3 million based upon an exchange rate of £1.00 to $1.25, as of March 31, 2017) and advances of €310.2 million ($331.4 million based upon an exchange rate of €1.00 to $1.07, as of March 31, 2017).
Prior to May 16, 2015, foreign currency advances, which were comprised of $92.1 million of Pound Sterling ("GBP") draws (based upon an exchange rate of £1.00 to $1.58, as of May 16, 2015) and $126.0 million of Euro ("EUR") draws (based upon an exchange rate of €1.00 to $1.14, as of May 16, 2015) were not designated as net investment hedges and, accordingly, the changes in value through May 16, 2015 due to currency fluctuations were reflected in earnings. As of March 31, 2017, total outstanding draws under the Credit Facility denominated in foreign currency was $552.8 million. The Company designates its net investment hedge position on the first day of each quarterly period. As of January 1, 2017, foreign currency draws under the Credit Facility of £177.2 million ($221.3 million based on the aforementioned exchange rate as of March 31, 2017) and €258.9 million ($276.6 million based on the aforementioned exchange rate as of March 31, 2017) were designated as net investment hedges of the total foreign currency draws outstanding on the Credit Facility of $497.9 million. As of January 1, 2017, total net investments in real estate denominated in foreign currency were £114.3 million ($142.7 million based on the aforementioned exchange rate as of March 31, 2017) and €365.4 million ($390.4 million based on the aforementioned exchange rate as of March 31, 2017), which resulted in £63.0 million ($78.6 million based on the aforementioned exchange rate as of March 31, 2017) of undesignated excess position. As of January 1, 2017, the Company’s EUR designated as net investment hedges did not result in an excess position. The Company recorded losses of $0.9 million and losses of $0.1 million for the three months ended March 31, 2017 and 2016, respectively, due to currency changes on the undesignated excess of the foreign currency advances over the related net investments. For the portion of foreign draws now designated as net investment hedges there were no additional remeasurement gains (losses) for the three months ended March 31, 2017.

25

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

As of March 31, 2017, and December 31, 2016, the Company had the following outstanding foreign cross currency derivatives that were used to hedge its net investments in foreign operations:
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Cross currency swaps (GBP - USD)
 
1
 
$
61,346

 
1
 
$
60,626

Cross currency swaps (EUR - USD)
 
3
 
38,542

 
3
 
37,957

Foreign currency forwards (EUR-USD)
 
1
 
10,100

 
1
 
10,100

Total
 
5
 
$
109,988

 
5
 
$
108,683

Non-designated Derivatives
The Company is exposed to fluctuations in the exchange rates of its functional currency, the USD, against the GBP and the EUR. The Company uses foreign currency derivatives including options, currency forward and cross currency swap agreements to manage its exposure to fluctuations in GBP-USD and EUR-USD exchange rates. While these derivatives are hedging the fluctuations in foreign currencies, they do not meet the strict hedge accounting requirements to be classified as hedging instruments. Changes in the fair value of derivatives not designated as hedges under qualifying hedging relationships are recorded directly in net income (loss). The Company recorded total losses of $0.5 million and $0.3 million on the non-designated hedges for the three months ended March 31, 2017 and 2016, respectively.
As of March 31, 2017 and December 31, 2016, the Company had the following outstanding derivatives that were not designated as hedges under qualifying hedging relationships.
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Foreign currency forwards (GBP - USD)
 
16
 
$
17,054

 
21
 
$
18,058

Foreign currency forwards (EUR - USD)
 
18
 
25,996

 
20
 
28,424

Cross currency swaps (GBP - USD)
 
 

 
3
 
43,457

Cross currency swaps (EUR - USD)
 
2
 
19,752

 
3
 
30,604

Interest rate swaps (EUR)
 
5
 
129,534

 
5
 
127,570

Put options (GBP-USD)
 
4
 
2,700

 
5
 
3,375

Put options (EUR-USD)
 
4
 
5,000

 
5
 
6,250

Total
 
49
 
$
200,036

 
62
 
$
257,738


Credit-risk-related Contingent Features
The Company has agreements with each of its derivative counterparties that contain a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations.
As of March 31, 2017, the fair value of derivatives in a net liability position including accrued interest but excluding any adjustment for nonperformance risk related to these agreements was $15.4 million. As of March 31, 2017, the Company had not posted any collateral related to these agreements and was not in breach of any agreement provisions. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreements at their aggregate termination value.

26

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Note 9 — Common Stock
The Company listed its Common Stock on the NYSE under the symbol "GNL" on June 2, 2015. As of March 31, 2017 and December 31, 2016, the Company had 66,269,225 and 66,258,559, respectively, shares of Common Stock outstanding, including shares issued under the DRIP, but not including unvested restricted shares, the OP Units issued to limited partners other than the Company or long-term incentive units issued in accordance with the OPP which are currently, or may be in the future, convertible into shares of Common Stock. On September 2, 2016, 421,378 OP Units were converted to Common Stock, of which 305,411 were issued to individual investors and employees of AR Global and 115,967 were issued to the Service Provider. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017. This eliminates any non-controlling interest and any related allocations prospectively.
In addition, in connection with the Merger Agreement, each outstanding share of Global II Common Stock, including restricted shares, other than shares owned by the Company or any wholly owned subsidiary of Global II, was converted into the right to receive 2.27 shares of Common Stock of the Company in connection with the Mergers. Additionally, all outstanding Global II OP Units were converted into the right to receive 2.27 shares of Company's Common Stock.
The Company issued 9.6 million of its Common Stock as consideration in the Merger. Based upon the closing price of the shares of the Company's Common Stock on December 21, 2016, as reported on the NYSE, the aggregate value of the Merger Consideration paid to former holders of Global II Common Stock and former holders of units of Global II OP Units was $220.9 million.
On February 28, 2017, the Company completed a Reverse Stock Split of the Company’s Common Stock, OP Units and LTIP Units, at a ratio of 1-for-3 (see Note 1Organization for details).
Monthly Dividends and Change to Payment Dates
The Company pays dividends on the 15th day of each month at a rate of $0.1775 per share to stockholders of record as of close of business on the 8th day of such month. The Company's board of directors may alter the amounts of dividends paid or suspend dividend payments at any time and therefore dividend payments are not assured. For purposes of the presentation of information herein, the Company may refer to distributions by the OP on OP Units and LTIP Units (as defined in Note 13Share-Based Compensation) as dividends.
Note 10 — Commitments and Contingencies
Operating Ground Leases
Certain properties acquired are subject to ground leases, which are accounted for as operating leases. The ground leases have varying ending dates, renewal options, and rental rate escalations, with the latest leases extending to April 2105. Future minimum rental payments to be made by the Company under these noncancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows:
(In thousands)
 
Future Ground
Lease Payments
2017 (remainder)
 
$
960

2018
 
1,280

2019
 
1,280

2020
 
1,280

2021
 
1,280

2022
 
1,280

Thereafter
 
39,129

Total
 
$
46,489

The Company incurred rent expense on ground leases of $0.4 million and $0.3 million during the three months ended March 31, 2017 and 2016, respectively.
Litigation and Regulatory Matters
In the ordinary course of business, the Company may become subject to litigation, claims and regulatory matters. There are no material legal or regulatory proceedings pending or known to be contemplated against the Company.

27

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Environmental Matters
In connection with the ownership and operation of real estate, the Company may potentially be liable for costs and damages related to environmental matters. As of March 31, 2017, the Company had not been notified by any governmental authority of any non-compliance, liability or other claim, and is not aware of any other environmental condition that it believes will have a material adverse effect on the results of operations.
Note 11 — Related Party Transactions
As of March 31, 2017 and December 31, 2016, the Sponsor, the Special Limited Partner and a subsidiary of the Service Provider owned, in the aggregate, 81,481 shares of the Company's outstanding Common Stock. The Advisor, the Service Provider, and their affiliates may incur costs and fees on behalf of the Company. As of March 31, 2017 and December 31, 2016, the Company had $3.2 million and $5.2 million of receivables from related parties and $1.3 million and $2.2 million of payable to related parties, respectively.
The Company is the sole general partner of the OP and holds the majority of OP Units. At Listing, the Advisor held a total of 487,252 OP Units and the Service Provider held a total of 115,967 OP Units. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, 421,378 of the OP Units were converted into Common Stock, of which 305,411 were issued to individual members and employees of AR Global and 115,967 were issued to the Service Provider. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
On June 2, 2015, the Advisor and the Service Provider exchanged 575,438 previously-issued Class B Units for 575,438 OP Units pursuant to the OP Agreement. These OP Units are redeemable for shares of Common Stock of the Company on a one-for-one basis, or the cash value of shares of Common Stock (at the option of the Company), 12 months from the Listing Date subject to the terms of the limited partnership agreement of the OP. The Advisor and the OP also entered into a Contribution and Exchange Agreement pursuant to which the Advisor contributed $0.8 million in cash to the OP in exchange for 27,776 OP Units. Subsequent to the Listing, such OP Units were transferred to individual investors.The OP made distributions to partners other than the Company of $0.1 million and $0.3 million during the three months ended March 31, 2017 and 2016, respectively.
In addition, in connection with the OPP, the Company paid $0.2 million and $0.5 million in distributions related to LTIP Units (as defined in Note 13Share-Based Compensation) during the three months ended March 31, 2017 and 2016, respectively, which are included in non-controlling interest in the consolidated statement of changes in equity. As of March 31, 2017 and December 31, 2016, the Company had no unpaid distributions relating to LTIP distributions.
A holder of OP Units, other than the Company, has the right to convert OP Units for a corresponding number of shares of the Company's Common Stock, or the cash value equivalent of those corresponding shares, at the Company's option, in accordance with the limited partnership agreement of the OP. The remaining rights of the holders of OP Units are limited, however, and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. AR Global indirectly owns 90% of the membership interests in the Advisor and the Company's chief executive officer and president, directly owns the other 10% of the membership interests in the Advisor.
Realty Capital Securities, LLC (the "Former Dealer Manager") served as the dealer manager of the IPO, which was ongoing from October 2012 to June 2014 and, together with its affiliates, continued to provide the Company with various services through December 31, 2015. RCS Capital Corporation ("RCAP"), the parent company of the Former Dealer Manager and certain of its affiliates that provided services to the Company, filed for Chapter 11 bankruptcy protection in January 2016, prior to which it was also under common control with AR Global, parent of the Sponsor. In May 2016, RCAP and its affiliated debtors emerged from bankruptcy under the new name, Aretec Group, Inc. On March 8, 2017, the creditor trust established in connection with the RCAP bankruptcy filed suit against AR Global, the Advisor, advisors of other entities sponsored by AR Global, and AR Global's principals. The suit alleges, among other things, certain breaches of duties to RCAP. The Company is not named in the suit, nor are there any allegations related to the services the Advisor provides to the Company. The Advisor has informed the Company that it believes that the suit is without merit and intends to defend against it vigorously.

28

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Acquired Related Party Receivable
As more fully described in Note 3Merger Transaction, the Company acquired a $5.1 million receivable from an affiliate of the Advisor which is payable in eight equal monthly installments beginning on January 15, 2017. As of March 31, 2017, the Company has received $1.9 million.
Fees Paid in Connection With the Operations of the Company
Until the Listing Date, the Advisor was paid an acquisition fee of 1.0% of the contract purchase price of each acquired property and 1.0% of the amount advanced for a loan or other investment and a finance fee equal to 0.75% of the amount available and/or outstanding under such financing, subject to certain limitations. Solely with respect to investment activities in Europe, the Advisor paid the Service Provider the acquisition fees and financing coordination fees. The Advisor was also reimbursed for insourced expenses incurred in the process of acquiring properties, which were limited to 0.5% of the contract purchase price and 0.5% of the amount advanced for a loan or other investment. Additionally, the Company paid third party acquisition expenses.
In addition, until the Listing Date, the Company compensated the Advisor for its asset management services in an amount equal to 0.75% per annum of the total of: the cost of the Company's assets (cost includes the purchase price, acquisition expenses, capital expenditures and other customarily capitalized costs, but excluding acquisition fees) plus costs and expenses incurred by the Advisor in providing asset management services, less the excess, if any, of dividends over FFO plus acquisition fees expenses and restricted share grant amortization. Until April 1, 2015, as compensation for this arrangement, the Company caused the OP to issue (subject to periodic approval by the board of directors) to the Advisor and Service Provider performance-based restricted partnership units of the OP ("Class B Units"). An aggregate of 575,438 Class B Units were issued to the Advisor and the Service Provider in connection with this arrangement, all of which vested on the Listing Date at a cost of $14.5 million. Concurrently, the Class B Units were converted to OP Units on a one-to-one basis. The vested value was calculated based, in part, on the closing price of Company's Common Stock on June 2, 2015 less an estimated discount for the one year lock-out period of transferability or liquidity of the OP Units. The Advisor and the Service Provider received distributions on unvested Class B Units equal to the dividend rate received on the Company's Common Stock. The Company records OP Unit distributions in the consolidated statement of changes in equity. Since April 1, 2015, the Advisor has been paid for its asset management services in cash. The performance condition related to these Class B Units was satisfied upon completion of the Listing, and the Class B Units vested.
On the Listing Date, the Company entered into the Fourth Amended and Restated Advisory Agreement (the “Advisory Agreement”) by and among the Company, the OP and the Advisor. Under the terms of the Advisory Agreement, the Company pays the Advisor:
(i)
a base fee of $18.0 million per annum payable in cash monthly in advance (“Minimum Base Management Fee”);
(ii)
plus a variable fee, payable monthly in advance in cash, equal to 1.25% of the cumulative net proceeds realized by the Company from the issuance of any common equity, including any common equity issued in exchange for or conversion of preferred stock or exchangeable notes, as well as, from any other issuances of common, preferred, or other forms of equity of the Company, including units of any operating partnership (“Variable Base Management Fee”); and
(iii)
an incentive fee (“Incentive Compensation”), 50% payable in cash and 50% payable in shares of the Company’s Common Stock (which shares are subject to certain lock up restrictions), equal to: (a) 15% of the Company’s Core AFFO (as defined in the Advisory Agreement) per weighted average share outstanding for the applicable period (“Core AFFO Per Share”)(1) in excess of an incentive hurdle based on an annualized Core AFFO Per Share of $2.37, plus (b) 10% of the Core AFFO Per Share in excess of an incentive hurdle of an annualized Core AFFO Per Share of $3.08. The $2.37 and $3.08 incentive hurdles are subject to annual increases of 1% to 3%. The Base Management Fee and the Incentive Compensation are each subject to an annual adjustment.

29

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

The annual aggregate amount of the Minimum Base Management Fee and Variable Base Management Fee (collectively, the “Base Management Fee”) that may be paid under the Advisory Agreement are subject to varying caps based on assets under management (“AUM”)(2), as defined in the Advisory Agreement.
_______________________________
(1) 
For purposes of the Advisory Agreement, Core AFFO per share means (i) net income adjusted for the following items (to the extent they are included in net income): (a) real estate related depreciation and amortization; (b) net income from unconsolidated partnerships and joint ventures; (c) one-time costs that the Advisor deems to be non-recurring; (d) non-cash equity compensation (other than any Restricted Share Payments); (e) other non-cash income and expense items; (f) non-cash dividends related to the Class B Units of the OP and certain non-cash interest expenses related to securities that are convertible to Common Stock; (g) gains (or losses) from the sale of investments; (h) impairment losses on real estate; (i) acquisition and transaction related costs; (j) straight-line rent; (k) amortization of above and below market leases assets and liabilities; (l) amortization of deferred financing costs; (m) accretion of discounts and amortization of premiums on debt investments; (n) marked-to-market adjustments included in net income; (o) unrealized gains or losses resulting from consolidation from, or deconsolidation to, equity accounting, and (p) consolidated and unconsolidated partnerships and joint ventures. (ii) divided by the weighted average outstanding shares of Common Stock on a fully diluted basis for such period.
(2) 
For purposes of the Advisory Agreement, "AUM" means, for a specified period, an amount equal to (A) (i) the aggregate costs of the Company's investments (including acquisition fees and expenses) at the beginning of such period (before reserves for depreciation of bad debts, or similar non-cash reserves) plus (ii) the aggregate cost of he Company's investment at the end of such period (before reserves from depreciation or bad debts, or similar non-cash reserves) divided by (B) two (2).
In addition, the per annum aggregate amount of the Base Management Fee and the Incentive Compensation to be paid under the Advisory Agreement is capped at (a) 1.25% of the AUM for the previous year if AUM is less than or equal to $5.0 billion; (b) 0.95% if the AUM is equal to or exceeds $15.0 billion; or (c) a percentage equal to: (A) 1.25% less (B) (i) a fraction, (x) the numerator of which is the AUM for such specified period less $5.0 billion and (y) the denominator of which is $10.0 billion multiplied by (ii) 0.30% if AUM is greater than $5.0 billion but less than $15.0 billion. The Variable Base Management Fee is also subject to reduction if there is a sale or sales of one or more Investments in a single or series of related transactions exceeding $200.0 million and, the special dividend(s) related thereto.
The Property Manager provides property management and leasing services for properties owned by the Company, for which the Company pays fees equal to: (i) with respect to stand-alone, single-tenant net leased properties which are not part of a shopping center, 2.0% of gross revenues from the properties managed and (ii) with respect to all other types of properties, 4.0% of gross revenues from the properties managed.
For services related to overseeing property management and leasing services provided by any person or entity that is not an affiliate of the Property Manager, the Company pays the Property Manager an oversight fee equal to 1.0% of gross revenues of the property managed.
Solely with respect to the Company's investments in properties located in Europe, the Service Provider receives a portion of the fees payable to the Advisor equal to: (i) with respect to single-tenant net leased properties which are not part of a shopping center, 1.75% of the gross revenues from such properties and (ii) with respect to all other types of properties, 3.5% of the gross revenues from such properties. The Property Manager is paid 0.25% of the gross revenues from European single-tenant net leased properties which are not part of a shopping center and 0.5% of the gross revenues from all other types of properties, reflecting a split of the oversight fee with the Service Provider.

30

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

The following table reflects related party fees incurred, forgiven and contractually due as of and for the periods presented:
 
 
Three Months Ended March 31,
 
 
 
 
 
 
 
2017
 
2016
 
(Receivable) Payable as of
 
(In thousands)
 
Incurred
 
Forgiven
 
Incurred
 
Forgiven
 
March 31, 2017
 
December 31, 2016
 
One-time fees and reimbursements:
 
 
 
 
 
 
 
 
 
 
 
 
 
Related party notes receivable acquired in Merger (1)
 
$

 
$

 
$

 
$

 
$
(3,211
)
 
$
(5,138
)
 
Fees on gain from sale of investments
 

 

 

 
 
 
323

(5) 
923

(5) 
Financing coordination fees (2)
 

 

 

 

 

(5) 
16

(5) 
Ongoing fees:
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset management fees (3)
 
5,190

 

 
4,500

 

 
217

(5) 
447

(5) 
Property management and leasing fees (4)
 
1,097

 
557

 
913

 
596

 
304

(5) (8) 
252

(5) (8) 
Total related party operational fees and reimbursements
 
$
6,287

 
$
557

 
$
5,413

 
$
596

 
$
(2,367
)
(6) 
$
(3,500
)
(7) 
___________________________________________________________________________
(1) 
Balance included within related party notes receivable acquired in the Merger on the consolidated balance sheets as of March 31, 2017 and December 31, 2016. In addition, the $16,000 due from related parties as of March 31, 2017 and December 31, 2016 relating to RCS Advisory (as defined below) is not included in the table above.
(2) 
These related party fees are recorded as deferred financing costs and amortized over the term of the respective financing arrangement.
(3) 
The Advisor, in accordance with the Advisory Agreement, received asset management fees in cash equal to one quarter of the the annual Minimum Base Management Fee for the three months ended March 31, 2017 and 2016, and, the Variable Base Management Fee of $0.7 million for the three months ended March 31, 2017. There were no Variable Base Management Fee for the three months ended March 31, 2016. No Incentive Compensation was earned for the three months ended March 31, 2017 and 2016.
(4) 
The Advisor waived 100% of fees from U.S. assets and its allocated portion of fees from European assets.
(5) 
Balance included within due to related parties on the consolidated balance sheets as of March 31, 2017 and December 31, 2016.
(6) 
In addition, as of March 31, 2017, due to related parties include $0.3 million of costs accrued for Global II Advisor and transfer agent fees which were assumed through the Merger, $36,000 of costs accrued for transfer agent fees and $0.2 million of costs relating to RCS Advisory (as defined below), which are recorded within general and administrative expenses on the consolidated statements of operations for the three months ended March 31, 2017 and are not reflected in the table above.
(7) 
In addition, as of December 31, 2016 due to related parties includes $0.5 million of accruals, of which $0.2 million of costs accrued for transfer agent and personnel services received from the Company's related parties including ANST and $0.3 million to Advisor and RCS.
(8)
Property management and leasing fees receivable of $0.1 million and $0.1 million as of March 31, 2017 and December 31, 2016, respectively, are not included in the table above and are included in the prepaid expenses and other assets on the consolidated balance sheets.
The Company reimburses the Advisor's costs of providing administrative services, subject to the limitation that the Company will not reimburse the Advisor for any amount by which the Company's operating expenses (including the asset management fee) at the end of the four preceding fiscal quarters exceeds the greater of (a) 2.0% of average invested assets and (b) 25.0% of net income. Additionally, the Company reimburses the Advisor for expenses of the Advisor and its affiliates incurred on behalf of the Company, except for those expenses that are specifically the responsibility of the Advisor under the Advisory Agreement, including fees and compensation paid to the Service Provider and the Advisor's overhead expenses, rent and travel expenses, professional services fees incurred with respect to the Advisor for the operation of its business, insurance expenses (other than with respect to the Company's directors and officers) and information technology expenses. No reimbursement was incurred from the Advisor for providing services during the three months ended March 31, 2017 and 2016.
In order to improve operating cash flows and the ability to pay dividends from operating cash flows, the Advisor may forgive certain fees including asset management and property management fees or absorb a portion of property operating and general administrative expenses. Because the Advisor may forgive certain fees or absorb a portion of property operating and general administrative expenses, cash flow from operations that would have been paid to the Advisor or applied to property operating and general and administrative expenses may be available to pay dividends to stockholders. The fees that may be forgiven are not deferrals and accordingly, will not be paid to the Advisor. During the three months ended March 31, 2017 and 2016, the Advisor elected to forgive $0.6 million and $0.6 million of the property management fees, respectively. During the three months ended March 31, 2017 and 2016, there were no property operating and general administrative expenses absorbed by the Advisor. In certain instances, to improve the Company's working capital, the Advisor may elect to absorb a portion of the Company's general and administrative costs or property operating expenses. These absorbed costs are presented net in the accompanying consolidated statements of operations.

31

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

The predecessor to the parent of the Sponsor was party to a services agreement with RCS Advisory Services, LLC, a subsidiary of the parent company of the Former Dealer Manager ("RCS Advisory"), pursuant to which RCS Advisory and its affiliates provided the Company and certain other companies sponsored by the Sponsor with services (including, without limitation, transaction management, compliance, due diligence, event coordination and marketing services, among others) on a time and expenses incurred basis or at a flat rate based on services performed. The predecessor to the parent of the Sponsor instructed RCS Advisory to stop providing such services in November 2015 and no services have since been provided by RCS Advisory.
The Company was also party to a transfer agency agreement with American National Stock Transfer, LLC, a subsidiary of the parent company of the Former Dealer Manager ("ANST"), pursuant to which ANST provided the Company with transfer agency services (including broker and stockholder servicing, transaction processing, year-end IRS reporting and other services), and supervisory services overseeing the transfer agency services performed by DST Systems, Inc., a third-party transfer agent ("DST"). The Sponsor received written notice from ANST on February 10, 2016 that it would wind down operations by the end of the month and would withdraw as the transfer agent effective February 29, 2016. On February 26, 2016, the Company entered into a definitive agreement with DST to provide the Company directly with transfer agency services (including broker and stockholder servicing, transaction processing, year-end IRS reporting and other services). On April 22, 2016, the Company terminated its agreement with DST and entered into a definitive agreement American Stock Transfer and Trust Company, LLC ("AST") appointing AST as the Company's side transfer agent and registrar.
Fees Paid in Connection with the Liquidation of the Company's Real Estate Assets
In connection with any sale or transaction involving any investment, subject to the terms of the Advisory Agreement, the Company will pay to the Advisor a fee in connection with net gain recognized by the Company in connection with the sale or transaction (the "Gain Fee") unless the proceeds of such transaction or series of transaction are reinvested in one or more investments within 180 days thereafter. The Gain Fees is calculated at the end of each month and paid, to the extent due, with the next installment of the Base Management Fee. The Gain Fee is calculated by aggregating all of the Gains and Losses from the preceding month. The Gain Fee will not be payable if the proceeds of the sale or transaction are reinvested in one or more investments within 180 days thereafter. During the three months ended March 31, 2017, the Company reinvested proceeds of $30.3 million and sold one property which resulted in the Gain Fee due to the Advisor of $0.3 million as of March 31, 2017. There was no Gain Fee for the three months ended March 31, 2016.
Note 12 — Economic Dependency
Under various agreements, the Company has engaged or will engage the Advisor, its affiliates and entities under common control with the Advisor, and the Service Provider, to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, the sale of shares of the Company's Common Stock available for issue, transfer agency services, as well as other administrative responsibilities for the Company including accounting services and investor relations.
As a result of these relationships, the Company is dependent upon the Advisor and its affiliates and the Service Provider. In the event that these companies are unable to provide the Company with the respective services, the Company will be required to find alternative providers of these services.
Note 13 — Share-Based Compensation
Stock Option Plan
 The Company has a stock option plan (the "Plan") which authorizes the grant of nonqualified stock options to the Company's independent directors, officers, advisors, consultants and other personnel, subject to the absolute discretion of the board of directors and the applicable limitations of the Plan. The exercise price for all stock options granted under the Plan is equal to the fair market value of a share on the last business day preceding the annual meeting of stockholders. A total of 0.5 million shares have been authorized and reserved for issuance under the Plan. As of March 31, 2017 and December 31, 2016, no stock options were issued under the Plan.
Restricted Share Plan
The Company's employee and director incentive restricted share plan ("RSP") provides the Company with the ability to grant awards of restricted shares to the Company's directors, officers and employees (if the Company ever has employees), employees of the Advisor and its affiliates, employees of entities that provide services to the Company, directors of the Advisor or of entities that provide services to the Company, certain consultants to the Company and the Advisor and its affiliates or to entities that provide services to the Company.

32

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Prior to April 8, 2015, the RSP provided for the automatic grant of 1,000 restricted shares of Common Stock to each of the independent directors, without any further action by the Company's board of directors or the stockholders, on the date of initial election to the board of directors and on the date of each annual stockholders' meeting. Restricted stock issued to independent directors vested over a five-year period beginning on the first anniversary of the date of grant in increments of 20% per annum. On April 8, 2015, the Company amended the RSP ("the Amended RSP"), among other things, to remove the fixed amount of shares that are automatically granted to the independent directors and remove the fixed vesting period of five-years. Under the Amended RSP, the annual amount granted to the independent directors is determined by the board of directors.
Effective upon the Listing Date, the Company’s board of directors approved the following changes to independent director compensation: (i) increasing in the annual retainer payable to all independent directors to $100,000 per year, (ii) increase in the annual retainer for the non-executive chair to $105,000, (iii) increase in the annual retainer for independent directors serving on the audit committee, compensation committee or nominating and corporate governance committee to $30,000. All annual retainers are payable 50% in the form of cash and 50% in the form of restricted stock units ("RSU") which vest over a three-year period. In addition, the directors have the option to elect to receive the cash component in the form of RSUs which would vest over a three-year period. Under the Amended RSP, restricted share awards entitle the recipient to receive shares of Common Stock from the Company under terms that provide for vesting over a specified period of time or upon attainment of pre-established performance objectives. Such awards would typically be forfeited with respect to the unvested shares upon the termination of the recipient's employment or other relationship with the Company. In connection with the Listing, the Company's board of directors also approved a one-time retention grant of 13,333 RSUs to each of the directors valued at $25.56 per unit, which vest over a five-year period. On July 13, 2015, the Company granted an annual retainer to each of its independent directors comprising of $0.1 million in cash and 2,450 RSUs which vest over a three-year period with the vesting period beginning on June 15, 2015. In addition, the Company granted $0.1 million in non-executive chair compensation in cash and 1,979 RSUs which vest over a three-year period with the vesting period beginning on June 15, 2015. On August 18, 2016, the Company granted an annual retainer to each of its independent directors comprised of $0.1 million and 2,880 RSUs which vest over a three-year period with the vesting period beginning on June 28, 2016. In addition, the Company granted $0.1 million in non-executive chair compensation in cash and 2,327 RSUs which vest over a three-year period with the vesting period beginning on June 28, 2016.
Prior to April 8, 2015, the total number of shares of Common Stock granted under the RSP could not exceed 5.0% of the Company's outstanding shares on a fully diluted basis at any time, and in any event could not exceed 2.5 million shares (as such number may be adjusted for stock splits, stock dividends, combinations and similar events). The Amended RSP increased the number of shares of the Company's Common Stock available for awards thereunder to 10% of the Company’s outstanding shares of Common Stock on a fully diluted basis at any time. The Amended RSP also eliminated the limit of 2.5 million shares of Common Stock permitted to be issued as RSUs.
Restricted shares may not, in general, be sold or otherwise transferred until restrictions are removed and the shares have vested. Holders of restricted shares may receive cash dividends prior to the time that the restrictions on the restricted shares have lapsed. Any dividends payable in common shares shall be subject to the same restrictions as the underlying restricted shares.
The following table reflects restricted share award activity for the three months ended March 31, 2017:
 
 
Number of Restricted Shares
 
Weighted-Average Issue Price
Unvested, December 31, 2016
 
61,095

 
$
25.07

Vested
 
(10,666
)
 
25.56

Unvested, March 31, 2017
 
50,429

 
$
24.96

The fair value of the restricted shares granted prior to the Listing Date is based on the per share price in the IPO and the fair value of the restricted shares granted on or after the Listing Date is based on the market price of Common Stock as of the grant date, and is expensed over the vesting period. Compensation expense related to restricted stock was $0.3 million and $0.1 million during the three months ended March 31, 2017 and 2016 , respectively, and is recorded as general and administrative expense in the accompanying statements of operations. As of March 31, 2017, the Company had $1.0 million unrecognized compensation costs related to unvested restricted share awards granted under the Company’s Amended RSP. The cost is expected to be recognized over a weighted average period of 2.9 years.

33

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Multi-Year Outperformance Agreement
In connection with the Listing, the Company entered into the OPP with the OP and the Advisor. Under the OPP, the Advisor was issued 3,013,933 long term incentive plan units ("LTIP Units") in the OP with a maximum award value on the issuance date equal to 5.00% of the Company’s market capitalization (the “OPP Cap”). The LTIP Units are structured as profits interests in the OP.
The Advisor will be eligible to earn a number of LTIP Units with a value equal to a portion of the OPP Cap upon the first, second and third anniversaries of the Effective Date, which is the Listing Date, June 2, 2015, based on the Company’s achievement of certain levels of total return to its stockholders (“Total Return”), including both share price appreciation and Common Stock dividends, as measured against a peer group of companies, as set forth below, for the three-year performance period commencing on the Effective Date (the “Three-Year Period”); each 12-month period during the Three-Year Period (the “One-Year Periods”); and the initial 24-month period of the Three-Year Period (the “Two-Year Period”), as follows:
 
 
 
 
Performance Period
 
Annual Period
 
Interim Period
Absolute Component: 4% of any excess Total Return attained above an absolute hurdle measured from the beginning of such period:
 
21%
 
7%
 
14%
Relative Component: 4% of any excess Total Return attained above the Total Return for the performance period of the Peer Group*, subject to a ratable sliding scale factor as follows based on achievement of cumulative Total Return measured from the beginning of such period:
 
 
 
 
 
 
 
100% will be earned if cumulative Total Return achieved is at least:
 
18%
 
6%
 
12%
 
50% will be earned if cumulative Total Return achieved is:
 
—%
 
—%
 
—%
 
0% will be earned if cumulative Total Return achieved is less than:
 
—%
 
—%
 
—%
 
a percentage from 50% to 100% calculated by linear interpolation will be earned if the cumulative Total Return achieved is between:
 
0% - 18%
 
0% - 6%
 
0% - 12%
_______________________________________________________
*
The “Peer Group” is comprised of Gramercy Property Trust Inc., Lexington Realty Trust, Select Income REIT, and W.P. Carey Inc.
The potential outperformance award is calculated at the end of each One-Year Period, the Two-Year Period and the Three-Year Period. The award earned for the Three-Year Period is based on the formula in the table above less any awards earned for the Two-Year Period and One-Year Periods, but not less than zero; the award earned for the Two-Year Period is based on the formula in the table above less any award earned for the first and second One-Year Period, but not less than zero. Any LTIP Units that are unearned at the end of the Performance Period will be forfeited.
Subject to the Advisor’s continued service through each vesting date, one third of any earned LTIP Units will vest on each of the third, fourth and fifth anniversaries of the Effective Date. Any earned and vested LTIP Units may be converted into OP Units in accordance with the terms and conditions of the limited partnership agreement of the OP. The OPP provides for early calculation of LTIP Units earned and for the accelerated vesting of any earned LTIP Units in the event Advisor is terminated or in the event the Company incurs a change in control, in either case prior to the end of the Three-Year Period. On June 2, 2016, no LTIP units were earned by the Advisor under the terms of the OPP.

34

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

The Company records equity based compensation expense associated with the awards over the requisite service period of five years on a graded vesting basis. Equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance. Compensation (income) expense related to the OPP was $(0.3) million and $1.0 million for the three months ended March 31, 2017 and 2016, respectively. Subject to the Advisor’s continued service through each vesting date, one third of any earned LTIP Units will vest on each of the third, fourth and fifth anniversaries of the Effective Date. Until such time as an LTIP Unit is earned in accordance with the provisions of the OPP, the holder of such LTIP Unit is entitled to distributions on such LTIP Unit equal to 10% of the distributions (other than distributions of sale proceeds) made per OP Unit. If real estate assets are sold and net sales proceeds distributed prior to June 2, 2018, the end of the Three-Year Period, the holders of LTIP Units generally would be entitled to a portion of those net sales proceeds with respect to both the earned and unearned LTIP Units (although the amount per LTIP Unit, which would be determined in accordance with a formula in the limited partnership agreement of the OP, would be less than the amount per OP Unit until the average capital account per LTIP Unit equals the average capital account per OP Unit). The Company has paid $0.2 million in distributions related to LTIP Units during the three months ended March 31, 2017, which is included in non-controlling interest in the consolidated statement of changes in equity. After an LTIP Unit is earned, the holder of such LTIP Unit is entitled to a catch-up distribution and then the same distributions as the holders of an OP Unit. At the time the Advisor’s capital account with respect to an LTIP Unit is economically equivalent to the average capital account balance of an OP Unit, the LTIP Unit has been earned and it has been vested for 30 days, the Advisor, in its sole discretion, will be entitled to convert such LTIP Unit into an OP Unit in accordance with the provisions of the limited partnership agreement of the OP. The OPP provides for early calculation of LTIP Units earned and for the accelerated vesting of any earned LTIP Units in the event Advisor is terminated by the Company or in the event the Company incurs a change in control, in either case prior to the end of the Three-Year Period.
On February 25, 2016, the OPP was amended and restated to reflect the merger of two of the companies in the Peer Group.
On February 28, 2017, the Company completed a Reverse Stock Split of the Company’s Common Stock, OP Units and LTIP Units, at a ratio of 1-for-3 (see Note 1Organization for details).
Other Share-Based Compensation
The Company may issue Common Stock in lieu of cash to pay fees earned by the Company's directors at each director's election. There are no restrictions on the shares issued since these payments in lieu of cash relate to fees earned for services performed. There were no such shares of Common Stock issued in lieu of cash during the three months ended March 31, 2017 and 2016.
Note 14 — Earnings Per Share
The following is a summary of the basic and diluted net income (loss) per share computation for the periods presented:
 
 
Three Months Ended March 31,
(In thousands, except share and per share data)
 
2017
 
2016
Net income attributable to stockholders
 
$
7,429

 
$
6,488

Adjustments to net income attributable to stockholders for common share equivalents
 
(185
)
 
(195
)
Adjusted net income attributable to stockholders
 
$
7,244

 
$
6,293

 
 
 
 
 
Basic and diluted net income per share attributable to stockholders
 
$
0.11

 
$
0.11

Basic and diluted weighted average shares outstanding
 
66,271,008

 
56,312,211

Under current authoritative guidance for determining earnings per share, all nonvested share-based payment awards that contain non-forfeitable rights to distributions are considered to be participating securities and therefore are included in the computation of earnings per share under the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common shares and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. The Company's nonvested RSUs and LTIPs contain rights to receive non-forfeitable distributions and therefore the Company applies the two-class method of computing earnings per share. The calculation of earnings per share above excludes the non-forfeitable distributions to the nonvested RSUs and LTIPs from the numerator.

35

GLOBAL NET LEASE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2017
(Unaudited)

Diluted net income per share assumes the conversion of all Common Stocks share equivalents into an equivalent number of common shares, unless the effect is anti-dilutive. The Company considers unvested restricted stock, OP Units and LTIP Units to be common share equivalents. For the three months ended March 31, 2017 and 2016, the following common share equivalents were excluded from the calculation of diluted earnings per share:
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Unvested restricted stock
 
50,429

 
62,661

OP Units (1)
 
181,841

 
603,219

OPP (LTIP Units)
 
3,013,933

 
3,013,933

Total anti-dilutive common share equivalents
 
3,246,203

 
3,679,813

____________________________________
(1) 
As of March 31, 2016, OP Units comprised of five original OP Units issued to the Advisor, 27,776 issued at Listing and 575,438 of class B Units which were converted into OP Units at Listing. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, 421,378 of OP Units were converted into Common Stock, of which 305,411 and 115,967 belong to individual investors and Service Provider, respectively. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
Conditionally issuable shares relating to the OPP award (See Note 13Share-Based Compensation) would be included in the computation of fully diluted EPS (if dilutive) based on shares that would be issued if the balance sheet date were the end of the measurement period. No LTIP share equivalents were included in the computation for the three months ended March 31, 2017 and 2016 because no units or shares would have been issued based on the stock price at March 31, 2017 and 2016.
Note 15 — Subsequent Events
The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q, and determined that there have not been any events that have occurred that would require adjustments to, or disclosures in the consolidated financial statements, except for as previously disclosed.

36


Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.
The following discussion and analysis should be read in conjunction with the accompanying unaudited consolidated financial statements of Global Net Lease, Inc. and the notes thereto. As used herein, the terms "Company," "we," "our" and "us" refer to Global Net Lease, Inc., a Maryland corporation, including, as required by context, Global Net Lease Operating Partnership, L.P., a Delaware limited partnership, which we refer to as the "OP," and its subsidiaries. The Company is externally managed by Global Net Lease Advisors, LLC (the "Advisor"), a Delaware limited liability company.
Forward-Looking Statements
Certain statements included in this Quarterly Report on Form 10-Q are forward-looking statements including statements regarding the intent, belief or current expectations of the Company and members of our management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should" or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements. Further, forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
The following are some of the risks and uncertainties, although not all risks and uncertainties, that could cause our actual results to differ materially from those presented in our forward-looking statements:
All of our executive officers are also officers, managers and/or holders of a direct or indirect controlling interest in the Advisor and other entities affiliated with AR Global Investments, LLC (the successor business to AR Capital LLC, "AR Global"). As a result, our executive officers, the Advisor and its affiliates face conflicts of interest, including significant conflicts created by the Advisor's compensation arrangements with us and other investment programs advised by AR Global affiliates and conflicts in allocating time among these investment programs and us. These conflicts could result in unanticipated actions.
Because investment opportunities that are suitable for us may also be suitable for other AR Global- advised investment programs, the Advisor and its affiliates face conflicts of interest relating to the purchase of properties and other investments and such conflicts may not be resolved in our favor, which could reduce the investment return to our stockholders.
The anticipated benefits from the Merger (as defined below) may not be realized or may take longer to realize than expected.
Unexpected costs or unexpected liabilities may arise from the Merger.
We may be unable to pay or maintain cash dividends or increase dividends over time.
We are obligated to pay fees which may be substantial to the Advisor and its affiliates.
We depend on tenants for our rental revenue and, accordingly, our rental revenue is dependent upon the success and economic viability of our tenants.
Increases in interest rates could increase the amount of our debt payments and limit our ability to pay dividends to our stockholders.
We may be unable to raise additional debt or equity financing on attractive terms or at all.
Adverse changes in exchange rates may reduce the value of our properties located outside of the United States ("U.S.").
We may not generate cash flows sufficient to pay dividends to our stockholders, as such, we may be forced to borrow at unfavorable rates or depend on the Advisor to waive reimbursement of certain expense and fees to fund our operations. There is no assurance that the Advisor will waive reimbursement of expenses or fees.
Any dividends in excess of cash flow may reduce the amount of capital we ultimately invest in properties and other permitted investments and negatively impact the value of our common stock.
We are subject to risks associated with our international investments, including risks associated with compliance with and changes in foreign laws, fluctuations in foreign currency exchange rates and inflation.
We are subject to risks associated with any dislocations or liquidity disruptions that may exist or occur in the credit markets of the U.S. and Europe from time to time.
We may fail to continue to qualify, as a real estate investment trust for U.S. federal income tax purposes ("REIT"), which would result in higher taxes, may adversely affect operations and would reduce the trading price of our common stock and our cash available for dividends.

37


We may be deemed to be an investment company under the Investment Company Act of 1940, as amended ("the Investment Company Act"), and thus subject to regulation under the Investment Company Act.
We may be exposed to risks due to a lack of tenant diversity, investment types and geographic diversity.
The revenue derived from, and the market value of, properties located in the United Kingdom and continental Europe may decline as a result of the U.K.'s discussions with respect to exiting the European Union (the “Brexit Process”).
Our ability to refinance or sell properties located in the United Kingdom and continental Europe may be impacted by the economic and political uncertainty caused by the Brexit Process.
We may be exposed to changes in general economic, business and political conditions, including the possibility of intensified international hostilities, acts of terrorism, and changes in conditions of U.S. or international lending, capital and financing markets, including as a result of the Brexit vote.


38


Overview
We were incorporated on July 13, 2011 as a Maryland corporation. We acquired our first property and commenced active operations in October 2012 and elected and qualified to be taxed as a REIT for U.S. federal income tax purposes beginning with our taxable year ended December 31, 2013. We completed our initial public offering ("IPO") on June 30, 2014 and on June 2, 2015 we listed our common stock ("Common Stock") on the New York Stock Exchange (the "NYSE") under the symbol "GNL" (the "Listing").
On February 28, 2017, we completed a reverse stock split of the Company’s Common Stock, OP Units (as defined below) and LTIP Units, at a ratio of 1-for-3 (the “Reverse Stock Split”). The Reverse Stock Split took effect at 5:00 p.m. Eastern time on February 28, 2017 (the “Effective Time”). Accordingly, at the Effective Time, every three issued and outstanding shares of Common Stock were converted into one share of Common Stock, every three OP Units were converted into one OP Unit, and every three LTIP Units were converted into one LTIP Unit. No OP Units were issued in connection with the Reverse Stock Split and the Company repurchased any fractional shares outstanding with cash. No payments were made in respect of any fractional OP Units. The Reverse Stock Split was applied to all of the Company’s outstanding shares of Common Stock and therefore did not affect any stockholder’s relative ownership percentage. As a result of the Reverse Stock Split, the number of outstanding shares of the Company’s Common Stock was reduced from 198.8 million to 66.3 million.
All references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect this Reverse Stock Split.
Our investment strategy is to acquire a diversified portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net-leased commercial properties. As of March 31, 2017, we owned 312 net leased commercial properties consisting of 22.2 million rentable square feet. Based on original purchase price or acquisition value with respect to properties acquired in the Merger (as defined below), 49.5% of our properties are located in the U.S. and the Commonwealth of Puerto Rico, 28.0% are located in continental Europe, and 22.5% are located in the United Kingdom. The properties were 100% leased, with a weighted average remaining lease term of 9.5 years.
Substantially all of our business is conducted through the OP. In accordance with the limited partnership agreement of the OP, a holder of units of limited partnership interests ("OP Units") has the right to convert OP Units for a corresponding number of shares of the Company's Common Stock or the cash value of those corresponding shares, at the Company's option. The remaining rights of the limited partner interests are limited and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. Subsequent to the Listing, all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, 421,378 of the OP Units were converted into Common Stock, of which 305,411 were issued to individual members and employees of AR Global and 115,967 were issued to Moor Park Capital Partners LLP (the "Service Provider"). There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
We are externally managed by the Advisor and our properties are managed and leased by Global Net Lease Properties, LLC (the "Property Manager"). The Advisor, Property Manager and Global Net Lease Special Limited Partner, LLC are considered related parties under common control with the parent of AR Capital Global Holdings, LLC (the "Sponsor"). These entities have received compensation, fees and expense reimbursements for various services provided to us and for the investment and management of our assets. The Advisor has retained the Service Provider to provide advisory and property management services with respect to investments in Europe, subject to the Advisor's oversight. These services include, among others, sourcing and structuring of investments, sourcing and structuring of debt financing, due diligence, property management and leasing.
On August 8, 2016, we entered into an agreement and plan of merger (the “Merger Agreement”) with American Realty Capital Global Trust II, Inc. ("Global II"). On December 22, 2016 (the "Merger Date"), pursuant to the Merger Agreement, we acquired Global II through the merger of Global II with and into our wholly-owned subsidiary (the "Merger Sub") a Maryland limited liability company and wholly owned subsidiary of the Company, at which time the separate existence of Global II ceased and the Company became the parent of the Merger Sub (the "Merger") (see Note 3Merger Transaction to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for further discussion).
In addition, pursuant to the Merger Agreement, American Realty Capital Global II Operating Partnership, L.P., a Delaware limited partnership and the operating partnership of Global II (the "Global II OP"), merged with our OP, with our OP being the surviving entity (the "Partnership Merger" and together with the Merger, the "Mergers"). As a result of the Mergers, the Company acquired the business of Global II, which owned a portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net-leases; two properties were located in the U.S., three were located in the United Kingdom and 10 were located in continental Europe.
During the three months ended March 31, 2017, we sold one property pursuant to our asset recycling plan and used the proceeds for the reduction of debt, new acquisitions and other corporate uses (see Note 4Real Estate Investments, Net to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for further discussion).

39


Significant Accounting Estimates and Critical Accounting Policies
Set forth below is a summary of the significant accounting estimates and critical accounting policies that management believes are important to the preparation of our financial statements. Certain of our accounting estimates are particularly important for an understanding of our financial position and results of operations and require the application of significant judgment by our management. As a result, these estimates are subject to a degree of uncertainty. These significant accounting estimates and critical accounting policies include:
Revenue Recognition
Our revenues, which are derived primarily from rental income, include rents that each tenant pays in accordance with the terms of each lease reported on a straight-line basis over the initial term of the lease. Since many of our leases provide for rental increases at specified intervals, straight-line basis accounting requires us to record a receivable, and include in revenues unbilled rent receivables that we will only receive if the tenant makes all rent payments required through the expiration of the initial term of the lease. For new leases after acquisition, the commencement date is considered to be the date the tenant takes control of the space. For lease modifications, the commencement date is considered to be the date the lease is executed. We defer the revenue related to lease payments received from tenants in advance of their due dates. When we acquire a property, the acquisition date is considered to be the commencement date of purposes of this calculation.
We continually review receivables related to rent and unbilled rent receivables and determine collectability by taking into consideration the tenant's payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of a receivable is in doubt, we record an increase in our allowance for uncollectible accounts or record a direct write-off of the receivable in our consolidated statements of operations.
Cost recoveries from tenants are included in operating expense reimbursement in the period the related costs are incurred, as applicable.
Investments in Real Estate
Investments in real estate are recorded at cost. Improvements and replacements are capitalized when they extend the useful life of the asset. Costs of repairs and maintenance are expensed as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of up to 40 years for buildings, 15 years for land improvements, five years for fixtures and the shorter of the useful life or the remaining lease term for tenant improvements and leasehold interests.
We evaluate the inputs, processes and outputs of each asset acquired to determine if the transaction is a business combination or asset acquisition. If an acquisition qualifies as a business combination, the related transaction costs are recorded as an expense in the consolidated statements of operations. If an acquisition qualifies as an asset acquisition, the related transaction costs are generally capitalized and subsequently amortized over the useful life of the acquired assets.
In business combinations, we allocate the purchase price of acquired properties to tangible and identifiable intangible assets or liabilities and non-controlling interests based on their respective fair values. Tangible assets may include land, land improvements, buildings, fixtures and tenant improvements. Intangible assets or liabilities may include the value of in-place leases, above- and below-market leases and other identifiable assets or liabilities based on lease or property specific characteristics. In addition, any assumed mortgages receivable or payable and any assumed or issued non-controlling interests are recorded at their estimated fair values.
In allocating the fair value to assumed mortgages, amounts are recorded to debt premiums or discounts based on the present value of the estimated cash flows, which is calculated to account for either above or below-market interest rates.
Disposal of real estate investments that represent a strategic shift in operations that will have a major effect on our operations and financial results are required to be presented as discontinued operations in the consolidated statements of operations. No properties were presented as discontinued operations during the three months ended March 31, 2017 and 2016. Properties that are intended to be sold are designated as “held for sale” on the consolidated balance sheets at the lesser of carrying amount or fair value less estimated selling costs when they meet specific criteria to be presented as held for sale. Properties are no longer depreciated when they are classified as held for sale. As of March 31, 2017 and December 31, 2016, we did not have any properties designated as held for sale.
We evaluate acquired leases and new leases on acquired properties based on capital lease criteria. A lease is classified by a tenant as a capital lease if the significant risks and rewards of ownership are considered to reside with the tenant. This situation is generally considered to be met if, among other things, the non-cancelable lease term is more than 75% of the useful life of the asset or if the present value of the minimum lease payments equals 90% or more of the leased property’s fair value at lease inception.

40


Impairment of Long Lived Assets
When circumstances indicate the carrying value of a property may not be recoverable, we review the asset for impairment. This review is based on an estimate of the future undiscounted cash flows, excluding interest charges, expected to result from the property’s use and eventual disposition. These estimates consider factors such as expected future operating income, market and other applicable trends and residual value, as well as the effects of leasing demand, competition and other factors. If impairment exists due to the inability to recover the carrying value of a property, an impairment loss is recorded to the extent that the carrying value exceeds the estimated fair value of the property for properties to be held and used. For properties held for sale, the impairment loss is the adjustment to fair value less estimated cost to dispose of the asset. These assessments have a direct impact on net income because recording an impairment loss results in an immediate negative adjustment to net earnings.
Purchase Price Allocation
We allocate the purchase price of acquired properties to tangible and identifiable intangible assets acquired based on their relative fair values. Tangible assets include land, land improvements, buildings, fixtures and tenant improvements on an as-if vacant basis. We utilize various estimates, processes and information to determine the as-if vacant property value. Estimates of value are made using customary methods, including data from appraisals, comparable sales, discounted cash flow analysis and other methods. Amounts allocated to land, land improvements, buildings and fixtures are based on cost segregation studies performed by independent third parties or on our analysis of comparable properties in our portfolio. Identifiable intangible assets include amounts allocated to acquire leases for above- and below-market lease rates, the value of in-place leases, and the value of customer relationships, as applicable.
Factors considered in the analysis of the in-place lease intangibles include an estimate of carrying costs during the expected lease-up period for each property, taking into account current market conditions and costs to execute similar leases. In estimating carrying costs, we include real estate taxes, insurance and other operating expenses and estimates of lost rentals at contract rates during the expected lease-up period, which typically ranges from 12 to 18 months. We also estimate costs to execute similar leases including leasing commissions, legal and other related expenses.
Above-market and below-market lease values for acquired properties are initially recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to each in-place lease and (ii) management’s estimate of fair market lease rates for each corresponding in-place lease, measured over a period equal to the remaining term of the lease for above-market leases and the remaining initial term plus the term of any below-market fixed rate renewal options for below-market leases. The capitalized above-market lease values are amortized as a reduction of base rental revenue over the remaining terms of the respective leases, and the capitalized below-market lease values are amortized as an increase to base rental revenue over the remaining initial terms plus the terms of any below-market fixed rate renewal options of the respective leases. If a tenant with a below market rent renewal does not renew, any remaining unamortized amount will be taken into income at that time.
The aggregate value of intangible assets related to customer relationship, as applicable, is measured based on our evaluation of the specific characteristics of each tenant’s lease and our overall relationship with the tenant. Characteristics considered by us in determining these values include the nature and extent of its existing business relationships with the tenant, growth prospects for developing new business with the tenant, the tenant’s credit quality and expectations of lease renewals, among other factors.
The value of customer relationship intangibles is amortized to expense over the initial term and any renewal periods in the respective leases, but in no event does the amortization period for intangible assets exceed the remaining depreciable life of the building. If a tenant terminates its lease, the unamortized portion of the in-place lease value and customer relationship intangibles is charged to expense.
In making estimates of fair values for purposes of allocating purchase price, we utilize a number of sources, including independent appraisals that may be obtained in connection with the acquisition or financing of the respective property and other market data. We also consider information obtained about each property as a result of our pre-acquisition due diligence in estimating the fair value of the tangible and intangible assets acquired and intangible liabilities assumed.
As more fully discussed in Note 3Merger Transaction to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q, the Merger was accounted for under the acquisition method for business combinations with the Company as the accounting acquirer.
Derivative Instruments
We may use derivative financial instruments, including interest rate swaps, caps, options, floors and other interest rate derivative contracts, to hedge all or a portion of the interest rate risk associated with our borrowings. Certain of our foreign operations expose us to fluctuations in foreign interest rates and exchange rates. These fluctuations may impact the value of our cash receipts and payments in our functional currency, the U.S. dollar ("USD"). We enter into derivative financial instruments to protect the value or fix the amount of certain obligations in terms of our functional currency.

41


We record all derivatives on the consolidated balance sheets at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that is attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. We may enter into derivative contracts that are intended to economically hedge certain risk, even though hedge accounting does not apply or we elect not to apply hedge accounting.
The accounting for subsequent changes in the fair value of these derivatives depends on whether each has been designed and qualifies for hedge accounting treatment. If we elect not to apply hedge accounting treatment, any changes in the fair value of these derivative instruments is recognized immediately in gains (losses) on derivative instruments in the consolidated statements of operations. If the derivative is designated and qualifies for hedge accounting treatment the change in the estimated fair value of the derivative is recorded in other comprehensive income (loss) in the consolidated statements of comprehensive income (loss) to the extent that it is effective. Any ineffective portion of a derivative's change in fair value will be immediately recognized in earnings.
Multi-Year Outperformance Agreement
Concurrent with the Listing and modifications to the Advisor agreement, we entered into a Multi-Year Outperformance Agreement (the “OPP”) with the OP and the Advisor. We record equity based compensation expense associated with the awards over the requisite service period of five years on a graded basis. The cumulative equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance.
Recently Issued Accounting Pronouncements (Pending Adoption)
See Note 2 — Summary of Significant Accounting Policies for Recently Issued Accounting Pronouncements to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for further discussion.

42


Properties
We acquire and operate a diversified portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net leases. All such properties may be acquired and operated by us alone or jointly with another party. Our portfolio of real estate properties was comprised of the following properties as of March 31, 2017:
Portfolio
 
Acquisition Date
 
Country
 
Number of Properties
 
Square Feet
 
Average Remaining Lease Term (1)
McDonald's
 
Oct. 2012
 
UK
 
1
 
9,094

 
7.0
Wickes Building Supplies I
 
May 2013
 
UK
 
1
 
29,679

 
7.5
Everything Everywhere
 
Jun. 2013
 
UK
 
1
 
64,832

 
10.3
Thames Water
 
Jul. 2013
 
UK
 
1
 
78,650

 
5.4
Wickes Building Supplies II
 
Jul. 2013
 
UK
 
1
 
28,758

 
9.7
PPD Global Labs
 
Aug. 2013
 
US
 
1
 
76,820

 
7.7
Northern Rock
 
Sep. 2013
 
UK
 
2
 
86,290

 
6.4
Wickes Building Supplies III
 
Nov. 2013
 
UK
 
1
 
28,465

 
11.7
Con-way Freight
 
Nov. 2013
 
US
 
7
 
105,090

 
6.7
Wolverine
 
Dec. 2013
 
US
 
1
 
468,635

 
5.8
Western Digital
 
Dec. 2013
 
US
 
1
 
286,330

 
3.7
Encanto
 
Dec. 2013
 
PR
 
18
 
65,262

 
8.3
Rheinmetall
 
Jan. 2014
 
GER
 
1
 
320,102

 
6.8
GE Aviation
 
Jan. 2014
 
US
 
1
 
369,000

 
8.8
Provident Financial
 
Feb. 2014
 
UK
 
1
 
117,003

 
18.6
Crown Crest
 
Feb. 2014
 
UK
 
1
 
805,530

 
21.9
Trane
 
Feb. 2014
 
US
 
1
 
25,000

 
6.7
Aviva
 
Mar. 2014
 
UK
 
1
 
131,614

 
12.2
DFS Trading I
 
Mar. 2014
 
UK
 
5
 
240,230

 
13.0
GSA I
 
Mar. 2014
 
US
 
1
 
135,373

 
5.4
National Oilwell Varco I
 
Mar. 2014
 
US
 
1
 
24,450

 
6.3
Talk Talk
 
Apr. 2014
 
UK
 
1
 
48,415

 
8.0
OBI DIY
 
Apr. 2014
 
GER
 
1
 
143,633

 
6.6
GSA II
 
Apr. 2014
 
US
 
2
 
24,957

 
5.9
DFS Trading II
 
Apr. 2014
 
UK
 
2
 
39,331

 
13.0
GSA III
 
Apr. 2014
 
US
 
2
 
28,364

 
8.1
GSA IV
 
May 2014
 
US
 
1
 
33,000

 
8.3
Indiana Department of Revenue
 
May 2014
 
US
 
1
 
98,542

 
5.8
National Oilwell Varco II
 
May 2014
 
US
 
1
 
23,475

 
12.9
Nissan
 
May 2014
 
US
 
1
 
462,155

 
11.5
GSA V
 
Jun. 2014
 
US
 
1
 
26,533

 
6.0
Lippert Components
 
Jun. 2014
 
US
 
1
 
539,137

 
9.4
Select Energy Services I
 
Jun. 2014
 
US
 
3
 
135,877

 
9.6
Bell Supply Co I
 
Jun. 2014
 
US
 
6
 
79,829

 
11.8
Axon Energy Products
 
Jun. 2014
 
US
 
3
 
213,634

 
8.9
Lhoist
 
Jun. 2014
 
US
 
1
 
22,500

 
5.8
GE Oil & Gas
 
Jun. 2014
 
US
 
2
 
69,846

 
6.5
Select Energy Services II
 
Jun. 2014
 
US
 
4
 
143,417

 
9.6
Bell Supply Co II
 
Jun. 2014
 
US
 
2
 
19,136

 
11.9
Superior Energy Services
 
Jun. 2014
 
US
 
2
 
42,470

 
7.0
Amcor Packaging
 
Jun. 2014
 
UK
 
7
 
294,580

 
7.7
GSA VI
 
Jun. 2014
 
US
 
1
 
6,921

 
7.0
Nimble Storage
 
Jun. 2014
 
US
 
1
 
164,608

 
4.6
FedEx -3-Pack
 
Jul. 2014
 
US
 
3
 
338,862

 
5.3
Sandoz, Inc.
 
Jul. 2014
 
US
 
1
 
154,101

 
9.3
Wyndham
 
Jul. 2014
 
US
 
1
 
31,881

 
8.1

43


Portfolio
 
Acquisition Date
 
Country
 
Number of Properties
 
Square Feet
 
Average Remaining Lease Term (1)
Valassis
 
Jul. 2014
 
US
 
1
 
100,597

 
6.1
GSA VII
 
Jul. 2014
 
US
 
1
 
25,603

 
7.6
AT&T Services
 
Jul. 2014
 
US
 
1
 
401,516

 
9.3
PNC - 2-Pack
 
Jul. 2014
 
US
 
2
 
210,256

 
12.3
Fujitisu
 
Jul. 2014
 
UK
 
3
 
162,888

 
13.0
Continental Tire
 
Jul. 2014
 
US
 
1
 
90,994

 
5.3
Achmea
 
Jul. 2014
 
NETH
 
2
 
190,252

 
6.8
BP Oil
 
Aug. 2014
 
UK
 
1
 
2,650

 
8.6
Malthurst
 
Aug. 2014
 
UK
 
2
 
3,784

 
8.6
HBOS
 
Aug. 2014
 
UK
 
3
 
36,071

 
8.3
Thermo Fisher
 
Aug. 2014
 
US
 
1
 
114,700

 
7.4
Black & Decker
 
Aug. 2014
 
US
 
1
 
71,259

 
4.8
Capgemini
 
Aug. 2014
 
UK
 
1
 
90,475

 
6.0
Merck & Co.
 
Aug. 2014
 
US
 
1
 
146,366

 
8.4
Dollar Tree - 65-Pack (2)(3)
 
Aug. 2014
 
US
 
58
 
485,992

 
12.4
GSA VIII
 
Aug. 2014
 
US
 
1
 
23,969

 
7.4
Waste Management
 
Sep. 2014
 
US
 
1
 
84,119

 
5.8
Intier Automotive Interiors
 
Sep. 2014
 
UK
 
1
 
152,711

 
7.1
HP Enterprise Services
 
Sep. 2014
 
UK
 
1
 
99,444

 
9.0
Shaw Aero Devices, Inc.
 
Sep. 2014
 
US
 
1
 
130,581

 
5.5
FedEx II
 
Sep. 2014
 
US
 
1
 
11,501

 
7.0
Dollar General - 39-Pack (4)
 
Sep. 2014
 
US
 
21
 
199,946

 
11.0
FedEx III
 
Sep. 2014
 
US
 
2
 
221,260

 
7.3
Mallinkrodt Pharmaceuticals
 
Sep. 2014
 
US
 
1
 
89,900

 
7.4
Kuka
 
Sep. 2014
 
US
 
1
 
200,000

 
7.3
CHE Trinity
 
Sep. 2014
 
US
 
2
 
373,593

 
5.7
FedEx IV
 
Sep. 2014
 
US
 
2
 
255,037

 
5.8
GE Aviation
 
Sep. 2014
 
US
 
1
 
102,000

 
5.8
DNV GL
 
Oct. 2014
 
US
 
1
 
82,000

 
7.9
Bradford & Bingley
 
Oct. 2014
 
UK
 
1
 
120,618

 
12.5
Rexam
 
Oct. 2014
 
GER
 
1
 
175,615

 
7.9
FedEx V
 
Oct. 2014
 
US
 
1
 
76,035

 
7.3
C&J Energy (5)
 
Oct. 2014
 
US
 
1
 
96,803

 
6.6
Dollar Tree II (2)
 
Oct. 2014
 
US
 
34
 
282,730

 
12.5
Panasonic
 
Oct. 2014
 
US
 
1
 
48,497

 
11.3
Onguard
 
Oct. 2014
 
US
 
1
 
120,000

 
6.8
Metro Tonic
 
Oct. 2014
 
GER
 
1
 
636,066

 
8.5
Axon Energy Products
 
Oct. 2014
 
US
 
1
 
26,400

 
7.6
Tokmanni
 
Nov. 2014
 
FIN
 
1
 
800,834

 
16.4
Fife Council
 
Nov. 2014
 
UK
 
1
 
37,331

 
6.9
Dollar Tree III (2)
 
Nov. 2014
 
US
 
2
 
16,442

 
12.4
GSA IX
 
Nov. 2014
 
US
 
1
 
28,300

 
5.1
KPN BV
 
Nov. 2014
 
NETH
 
1
 
133,053

 
9.8
RWE AG
 
Nov. 2014
 
GER
 
3
 
594,415

 
7.7
Follett School
 
Dec. 2014
 
US
 
1
 
486,868

 
7.8
Quest Diagnostics
 
Dec. 2014
 
US
 
1
 
223,894

 
7.4
Diebold
 
Dec. 2014
 
US
 
1
 
158,330

 
4.8
Weatherford Intl
 
Dec. 2014
 
US
 
1
 
19,855

 
8.6
AM Castle
 
Dec. 2014
 
US
 
1
 
127,600

 
7.6
FedEx VI
 
Dec. 2014
 
US
 
1
 
27,771

 
7.4

44


Portfolio
 
Acquisition Date
 
Country
 
Number of Properties
 
Square Feet
 
Average Remaining Lease Term (1)
Constellium Auto
 
Dec. 2014
 
US
 
1
 
320,680

 
12.7
C&J Energy II (5)
 
Mar. 2015
 
US
 
1
 
125,000

 
6.6
Fedex VII
 
Mar. 2015
 
US
 
1
 
12,018

 
7.5
Fedex VIII
 
Apr. 2015
 
US
 
1
 
25,852

 
7.5
Crown Group I
 
Aug. 2015
 
US
 
3
 
295,974

 
18.3
Crown Group II
 
Aug. 2015
 
US
 
3
 
642,595

 
18.4
Mapes & Sprowl Steel, Ltd.
 
Sep. 2015
 
US
 
1
 
60,798

 
12.8
JIT Steel Services
 
Sep. 2015
 
US
 
2
 
126,983

 
12.8
Beacon Health System, Inc.
 
Sep. 2015
 
US
 
1
 
49,712

 
9.0
Hannibal/Lex JV LLC
 
Sep. 2015
 
US
 
1
 
109,000

 
12.5
FedEx Ground
 
Sep. 2015
 
US
 
1
 
91,029

 
8.3
Office Depot
 
Sep. 2015
 
NETH
 
1
 
206,331

 
11.9
Finnair
 
Sep. 2015
 
FIN
 
4
 
656,275

 
7.4
Auchan (6)
 
Dec. 2016
 
FR
 
1
 
152,235

 
6.4
Pole Emploi (6) (7)
 
Dec. 2016
 
FR
 
1
 
41,452

 
6.3
Veolia Water (6)
 
Dec. 2016
 
US
 
1
 
70,000

 
8.8
Sagemcom (6)
 
Dec. 2016
 
FR
 
1
 
265,309

 
6.8
NCR Dundee (6)
 
Dec. 2016
 
UK
 
1
 
132,182

 
9.6
FedEx Freight (6)
 
Dec. 2016
 
US
 
1
 
68,960

 
6.4
DB Luxembourg (6)
 
Dec. 2016
 
LUX
 
1
 
156,098

 
6.7
ING Amsterdam (6)
 
Dec. 2016
 
NETH
 
1
 
509,369

 
8.3
Worldline (6)
 
Dec. 2016
 
FR
 
1
 
111,338

 
6.8
Foster Wheeler (6)
 
Dec. 2016
 
UK
 
1
 
365,832

 
7.3
ID Logistics I (6)
 
Dec. 2016
 
GER
 
1
 
308,579

 
7.6
ID Logistics II (6)
 
Dec. 2016
 
FR
 
2
 
964,489

 
7.7
Harper Collins (6)
 
Dec. 2016
 
UK
 
1
 
873,119

 
8.4
DCNS (6)
 
Dec. 2016
 
FR
 
1
 
96,995

 
7.5
Cott Beverages Inc
 
Feb. 2017
 
US
 
1
 
170,000

 
9.8
FedEx Ground - 2 Pack
 
Mar. 2017
 
US
 
2
 
157,660

 
9.5
Total
 
 
 
 
 
312
 
22,244,196

 
9.5
_____________________________________
(1) 
If the portfolio has multiple properties with varying lease expirations, average remaining lease term is calculated on a weighted-average basis. Weighted average remaining lease term in years calculated based on total rentable square feet as of March 31, 2017.
(2) 
On July 6, 2015, the tenant's name has changed from Family Dollar to Dollar Tree due to an acquisition by Dollar Tree.
(3) 
Of the Dollar Tree - 65-Pack properties purchased in August 2014, seven properties were sold on October 13, 2016 and are not included in the table above.
(4) 
Of the Dollar General - 39-Pack properties purchased in September 2014, 18 properties were sold during the year ended December 31, 2016 and are not included in the table above.
(5) 
Lease term modified from March 31, 2026 to October 31, 2023 during the third quarter 2016.
(6) 
New properties acquired as part of the Merger.
(7) 
The property is 37,437 square feet, or 90.3%, leased.
Results of Operations
Comparison of Three Months Ended March 31, 2017 to Three Months Ended March 31, 2016
Rental Income
Rental income was $58.5 million and $51.5 million for the three months ended March 31, 2017 and 2016, respectively. Our rental income increased compared to 2016, as the result of a full quarter of rental income for the 15 properties acquired in the Merger. This was partially offset by the impact from the sale of one property during the first quarter of 2017 for an aggregate sales price of $13.0 million, sale of 34 properties during the last two quarters of 2016 for an aggregate sales price of $110.4 million, and currency declines.

45


Operating Expense Reimbursements
Operating expense reimbursements were $4.3 million and $3.4 million for the three months ended March 31, 2017 and 2016, respectively. Our lease agreements generally require tenants to pay all property operating expenses, in addition to base rent, however some limited property operating expenses may be absorbed by us. Operating expense reimbursements primarily reflect insurance costs and real estate taxes incurred by us and subsequently reimbursed by the tenant. The increase over 2016 is largely driven by operating expense reimbursements for the 15 properties acquired in the Merger, offset by the disposition of 34 properties during the last two quarters of 2016 and currency declines.
Property Operating Expenses
Property operating expenses were $7.2 million and $5.6 million for the three months ended March 31, 2017 and 2016, respectively. These costs primarily relate to insurance costs and real estate taxes on our properties, which are generally reimbursable by the tenants. The main exceptions are GSA properties for which certain expenses are not reimbursable by tenants. The increase is primarily driven by operating expenses incurred on 15 properties acquired in the Merger in 2016, most of which are triple net leases, additional property operating expenses incurred the for three properties acquired during first quarter of 2017, partially offset by the impact of our disposition of one property during the first quarter of 2017, disposition of 34 properties during the last two quarters of 2016, and currency declines.
Operating Fees to Related Parties
Operating fees to related parties were $5.7 million and $4.8 million for the three months ended March 31, 2017 and 2016, respectively. Operating fees to related parties represent compensation to the Advisor for asset management services as well as property management fees paid to the Service Provider for our European investments. Our Advisory Agreement requires us to pay a Base Management Fee of $18.0 million per annum and a Variable Base Management Fee, both payable in cash, and an Incentive Fee, payable in cash and shares, if the applicable hurdles are met (see Note 11Related Party Transactions for details). Our operating fees to related parties for the three months ended March 31, 2017 have increased compared to to the three months ended March 31, 2016 due to an increase of $0.7 million in the variable fee as a result of the issuance of $220.9 million of equity in connection with the Merger. No Incentive Compensation was earned for the three months ended March 31, 2017 and 2016.
Our Service Provider and Property Manager are entitled to fees for the management of our properties. Property management fees are calculated as a percentage of gross revenues. During the three months ended March 31, 2017 and 2016, property management fees were $1.1 million and $0.9 million, respectively. The Property Manager elected to waive $0.6 million of the property management fees for the three months ended March 31, 2017 and 2016. There was no Incentive Compensation incurred for the three months ended March 31, 2017 and 2016.
Acquisition and Transaction Related Costs
We recognized $0.7 million of acquisition and transaction costs during the three months ended March 31, 2017, which consisted of third party professional fees related the Merger. Acquisition and transaction related expenses for the three months ended March 31, 2016 of $(0.1) million were related to the reversal of 2015 period estimates for obligations settled.
General and Administrative Expense
General and administrative expenses were $1.8 million and $1.7 million for the three months ended March 31, 2017 and 2016, respectively, and primarily consist of board member compensation, directors and officers' liability insurance, and professional fees including audit and taxation services. The increase for the three months ended March 31, 2017 compared to the three months ended March 31, 2016 is primarily due to the appointment of additional directors to the board of directors, increase in directors and officer's liability insurance premiums, and professional legal fees.
Equity Based Compensation
Equity based compensation expense for the three months ended March 31, 2017 and 2016, was approximately $16,000 and $1.0 million, respectively. Equity based compensation for the three months ended March 31, 2017 related to the amortization of the restricted shares granted to our independent directors of $0.3 million partially offset by the amortization of the OPP of $(0.3) million based on changes in the fair value of the OPP. Equity based compensation for the three months ended March 31, 2016 related to the amortization of the restricted shares granted to our independent directors of $0.1 million and amortization of the OPP of $1.0 million based on changes in the fair value of the OPP. The decrease in equity based compensation for the three months ended March 31, 2017 as compared to the three months ended March 31, 2016 is primarily due to the decrease in the OPP valuation.

46


Depreciation and Amortization
Depreciation and amortization expense was $27.1 million and $23.8 million for the three months ended March 31, 2017 and 2016, respectively. The increase in 2017 is due to depreciation and amortization expense incurred for the 15 properties acquired in the Merger, partially offset by the lack of depreciation and amortization expense for the 34 properties sold during the last two quarters of 2016 as well as the single property disposition during the first quarter of 2017.
Interest Expense
Interest expense was $11.5 million and $10.6 million for the three months ended March 31, 2017 and 2016, respectively. The increase was primarily related to debt assumed in the Merger, offset by pay downs of debt due to the 34 properties sold during the last two quarters of 2016 as well as the single property disposition during the first quarter of 2017, and the pay down and termination of the mezzanine facility on March 30, 2017.
We view a mix of secured and unsecured financing sources as an efficient and accretive means to acquire properties and manage working capital. Our interest expense in future periods will vary based on our level of future borrowings, which will depend on our refinancing needs and our acquisition activity.
Gains on dispositions of real estate investments
Gains on dispositions of real estate investments for the three months ended March 31, 2017 of $1.0 million related to the disposition of Kulicke & Soffa located in Ft. Washington, Pennsylvania, which resulted in a gain on sale of disposition of $0.4 million as well as the reversal of the prior year Gain Fee (see Note 11Related Party Transactions for details) of $0.6 million. There were no gains or losses on dispositions during the three months ended March 31, 2016.
Foreign Currency and Interest Rate Impact on Operations
The losses of $0.5 million and $0.3 million on derivative instruments for the three months ended March 31, 2017 and 2016, respectively, reflect the marked-to-market impact from foreign currency and interest rate derivative instruments used to hedge the investment portfolio from adverse currency and interest rate movements, and was mainly driven by volatility in foreign currencies, particularly GBP and Euro.
The losses of $0.9 million and $0.1 million on undesignated foreign currency advances and other hedge ineffectiveness for the three months ended March 31, 2017 and 2016, respectively, primarily relate to the undesignated excess foreign currency draws over our net investments in the United Kingdom and Europe.
Income Taxes Expense
We recognize income taxes (expense) benefit for state and local income taxes incurred, if any, including foreign jurisdictions in which we own properties. In addition, we perform an analysis of potential deferred tax or future tax benefit as a result of timing differences in taxes across jurisdictions. Our current income tax expense fluctuates from period to period based primarily on the timing of those taxes. Income taxes expense was $0.9 million and $0.6 million for the three months ended March 31, 2017 and 2016, respectively.
Cash Flows for Three Months Ended March 31, 2017
During the three months ended March 31, 2017, net cash provided by operating activities was $32.7 million. The level of cash flows provided by operating activities is driven by, among other things, rental income received, operating fees to related parties paid for asset and property management, and the amount of interest payments on outstanding borrowings. Cash flows used in operating activities during the three months ended March 31, 2017 reflect net income of $7.5 million adjusted for non-cash items of $25.1 million (primarily depreciation, amortization of intangibles, amortization of deferred financing costs, amortization of mortgage premium/discount, amortization of mezzanine discount, amortization of above/below-market lease and ground lease assets and liabilities, bad debt expense, unbilled straight-line rent, and equity based compensation) and working capital items of $1.5 million.
Net cash used in investing activities during the three months ended March 31, 2017 of $18.2 million is related to proceeds from sale of real estate investments of $12.4 million for the disposition of Kulicke & Soffa, acquisition of three properties with an aggregate base purchase price of $30.3 million, which were funded by cash on hand, and capital expenditures of $0.4 million.
Net cash used in financing activities of $13.0 million during the three months ended March 31, 2017 related to borrowings on credit facility of $75.3 million and net advances from related parties of $1.7 million, offset by repayments on the mezzanine facility of $56.5 million, mortgage notes payable of $0.2 million. Other payments included dividends to stockholders of $35.3 million and distributions to non-controlling interest holders of $0.3 million.

47


Cash Flows for the Three Months Ended March 31, 2016
During the three months ended March 31, 2016, net cash provided by operating activities was $28.1 million. The level of cash flows provided by operating activities is driven by the volume of acquisition activity, related rental income received, asset and property management fees , and the amount of interest payments on outstanding borrowings.
Net cash used in investing activities during the three months ended March 31, 2016 of $0.1 million.
Net cash used in financing activities of $51.8 million during the three months ended March 31, 2016 related to net advances from related parties of $0.1 million, partially offset by repayments on credit facility of $20.0 million, mortgage notes payable of $0.2 million. Other payments included dividends to stockholders of $30.0 million and distributions to non-controlling interest holders of $0.9 million.
Liquidity and Capital Resources
As of March 31, 2017, we had cash and cash equivalents of $72.4 million. Principal future demands on cash and cash equivalents will include the purchase of additional properties or other investments in accordance with our investment strategy, payment of related acquisition costs, improvement costs, the payment of our operating and administrative expenses, continuing debt service obligations and dividends to our stockholders. Management expects that operating income from our properties should cover operating expenses and the payment of our monthly dividend.
Generally, we fund our acquisitions through a combination of cash and cash equivalents and mortgage or other debt, but we also may acquire assets free and clear of permanent mortgage or other indebtedness. See Note 6 — Mortgage Notes Payable to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for further discussion. Other potential future sources of capital include proceeds from secured or unsecured financings from banks or other lenders, proceeds from future offerings, proceeds from the sale of properties and undistributed funds from operations, if any.
As of March 31, 2017, we had a revolving credit facility that permitted us to borrow up to $740.0 million. The initial maturity date of the credit facility was July 25, 2016. On July 25, 2016, we extended the maturity date of the credit facility to July 25, 2017, for an extension fee of $1.5 million. There is an additional one-year extension option remaining, subject to certain conditions. On March 30, 2017, the Company terminated the mezzanine facility agreement and repaid in full the outstanding balance of $56.5 million or €52.7 million. See Note 5 — Credit Borrowings to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for further discussion of the terms and conditions of the facilities.
As of March 31, 2017, total outstanding advances under the credit facility were $698.2 million. As of March 31, 2017, the Credit Facility reflected variable and fixed rate borrowings with a weighted average effective interest rate of 2.6% after giving effect to interest rate swaps in place. The unused borrowing capacity, based on the value of the borrowing base properties as of March 31, 2017 was $33.1 million.
As of March 31, 2017, we had secured gross mortgage notes payable net of mortgage discount of $760.9 million and outstanding advances under our credit facility of $698.2 million. Our debt leverage ratio was 46.9% (total debt as a percentage of total purchase price of real estate investments, based on the exchange rate at the time of purchase) as of March 31, 2017. See Note 7 — Fair Value of Financial Instruments to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for fair value of such debt as of March 31, 2017.
Management believes it has the ability to service its obligations as they come due.
Loan Obligations
Our loan obligations generally require principal and interest amounts to be paid monthly or quarterly with all unpaid principal and interest due at maturity. Our loan agreements stipulate compliance with specific reporting covenants. As of March 31, 2017, we were in compliance with the debt covenants under our loan agreements.
The Advisor may, with approval from our independent board of directors, seek to borrow short-term capital that, combined with secured mortgage financing, exceeds our targeted leverage ratio. Such short-term borrowings may be obtained from third-parties on a case-by-case basis as acquisition opportunities present themselves.
Non-GAAP Financial Measures
This section includes non-GAAP financial measures, including Funds from Operations, Core Funds from Operations and Adjusted Funds from Operations. A description of these non-GAAP measures and reconciliations to the most directly comparable GAAP measure, which is net income, is provided below.

48


Funds from Operations, Core Funds from Operations and Adjusted Funds from Operations
Due to certain unique operating characteristics of real estate companies, as discussed below, the National Association of Real Estate Investment Trusts ("NAREIT"), an industry trade group, has promulgated a measure known as funds from operations ("FFO"), which we believe to be an appropriate supplemental measure to reflect the operating performance of a REIT. The use of FFO is recommended by the REIT industry as a supplemental performance measure. FFO is not equivalent to net income or loss as determined under accounting principles generally accepted in the United States ("GAAP").
We define FFO, a non-GAAP measure, consistent with the standards established by the White Paper on FFO approved by the Board of Governors of NAREIT, as revised in February 2004 (the "White Paper"). The White Paper defines FFO as net income or loss computed in accordance with GAAP, excluding gains or losses from sales of property but including asset impairment write-downs, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures. Adjustments for unconsolidated partnerships and joint ventures are calculated to reflect FFO. Our FFO calculation complies with NAREIT's definition.
The historical accounting convention used for real estate assets requires straight-line depreciation of buildings and improvements, and straight-line amortization of intangibles, which implies that the value of a real estate asset diminishes predictably over time, especially if not adequately maintained or repaired and renovated as required by relevant circumstances or as requested or required by lessees for operational purposes in order to maintain the value disclosed. We believe that, because real estate values historically rise and fall with market conditions, including inflation, interest rates, unemployment and consumer spending, presentations of operating results for a REIT using historical accounting for depreciation and certain other items may be less informative. Historical accounting for real estate involves the use of GAAP. Any other method of accounting for real estate such as the fair value method cannot be construed to be any more accurate or relevant than the comparable methodologies of real estate valuation found in GAAP. Nevertheless, we believe that the use of FFO, which excludes the impact of real estate related depreciation and amortization, among other things, provides a more complete understanding of our performance to investors and to management, and when compared year over year, reflects the impact on our operations from trends in occupancy rates, rental rates, operating costs, general and administrative expenses, and interest costs, which may not be immediately apparent from net income. However, FFO, core funds from operations ("Core FFO") and adjusted funds from operations (“AFFO”), as described below, should not be construed to be more relevant or accurate than the current GAAP methodology in calculating net income or in its applicability in evaluating our operating performance. The method utilized to evaluate the value and performance of real estate under GAAP should be construed as a more relevant measure of operational performance and considered more prominently than the non-GAAP FFO, Core FFO and AFFO measures and the adjustments to GAAP in calculating FFO, Core FFO and AFFO. Other REITs may not define FFO in accordance with the current NAREIT definition (as we do) or may interpret the current NAREIT definition differently than we do or calculate Core FFO or AFFO differently than we do. Consequently, our presentation of FFO, Core FFO and AFFO may not be comparable to other similarly titled measures presented by other REITs.
We consider FFO, Core FFO and AFFO useful indicators of our performance. Because FFO calculations exclude such factors as depreciation and amortization of real estate assets and gains or losses from sales of operating real estate assets (which can vary among owners of identical assets in similar conditions based on historical cost accounting and useful-life estimates), FFO facilitates comparisons of operating performance between periods and between other REITs in our peer group.
Changes in the accounting and reporting promulgations under GAAP (for acquisition fees and expenses from a capitalization/depreciation model to an expensed-as-incurred model) that were put into effect in 2009 and other changes to GAAP accounting for real estate subsequent to the establishment of NAREIT's definition of FFO have prompted an increase in cash-settled expenses, specifically acquisition fees and expenses for all industries as items that are expensed under GAAP.
Core FFO is FFO, excluding acquisition and transaction related costs as well as certain other costs that are considered to be non-core, such as charges relating to the Listing Note and listing related fees. The purchase of properties, and the corresponding expenses associated with that process, is a key operational feature of our business plan to generate operational income and cash flows in order to make dividend payments to stockholders. In evaluating investments in real estate, we differentiate the costs to acquire the investment from the operations derived from the investment. By excluding expensed acquisition and transaction related costs as well as non-core costs, we believe Core FFO provides useful supplemental information that is comparable for each type of real estate investment and is consistent with management's analysis of the investing and operating performance of our properties.

49


We exclude certain income or expense items from AFFO that we consider more reflective of investing activities, other non-cash income and expense items and the income and expense effects of other activities that are not a fundamental attribute of our business plan. These items include early extinguishment of debt and unrealized gains and losses, which may not ultimately be realized, such as gains or losses on derivative instruments, gains and losses on foreign currency transactions, and gains and losses on investments. In addition, by excluding non-cash income and expense items such as amortization of above-market and below-market leases intangibles, amortization of deferred financing costs, straight-line rent and equity-based compensation from AFFO, we believe we provide useful information regarding income and expense items which have a direct impact on our ongoing operating performance. We also include the realized gains or losses on foreign currency exchange contracts for AFFO as such items are part of our ongoing operations and affect the current operating performance of the Company. By providing AFFO, we believe we are presenting useful information that assists investors and analysts to better assess the sustainability of our ongoing operating performance without the impacts of transactions that are not related to the ongoing profitability of our portfolio of properties. We also believe that AFFO is a recognized measure of sustainable operating performance by the REIT industry. Further, we believe AFFO is useful in comparing the sustainability of our operating performance with the sustainability of the operating performance of other real estate companies. However, AFFO is not indicative of cash available to fund ongoing cash needs, including the ability to make cash distributions. Investors are cautioned that AFFO should only be used to assess the sustainability of our operating performance excluding these activities, as it excludes certain costs that have a negative effect on our operating performance during the periods in which these costs are incurred.
In calculating AFFO, we exclude certain expenses, which under GAAP are characterized as operating expenses in determining operating net income. All paid and accrued merger, acquisition and transaction related fees and certain other expenses negatively impact our operating performance during the period in which expenses are incurred or properties are acquired will also have negative effects on returns to investors, but are not reflective of our on-going performance. AFFO that excludes such costs and expenses would only be comparable to companies that did not have such activities. Further, under GAAP, certain contemplated non-cash fair value and other non-cash adjustments are considered operating non-cash adjustments to net income. In addition, as discussed above, we view gains and losses from fair value adjustments as items which are unrealized and may not ultimately be realized and not reflective of ongoing operations and are therefore typically adjusted for when assessing operating performance. Excluding income and expense items detailed above from our calculation of AFFO provides information consistent with management's analysis of the operating performance of the Company. Additionally, fair value adjustments, which are based on the impact of current market fluctuations and underlying assessments of general market conditions, but can also result from operational factors such as rental and occupancy rates, may not be directly related or attributable to our current operating performance. By excluding such changes that may reflect anticipated and unrealized gains or losses, we believe AFFO provides useful supplemental information.
As a result, we believe that the use of FFO, Core FFO and AFFO, together with the required GAAP presentations, provide a more complete understanding of our performance including relative to our peers and a more informed and appropriate basis on which to make decisions involving operating, financing, and investing activities.

50


The table below reflects the items deducted or added to net income (loss) attributable to stockholders in our calculation of FFO, Core FFO and AFFO for the periods indicated.
 
 
Three Months Ended
 
Three Months Ended
(In thousands)
 
March 31, 2017
 
March 31, 2016
Net income attributable to stockholders (in accordance with GAAP)
 
$
7,429

 
$
6,488

Depreciation and amortization
 
27,114

 
23,756

Gains on dispositions of real estate investments
 
(957
)
 

Proportionate share of adjustments for non-controlling interest to arrive at FFO
 
(71
)
 
(252
)
FFO (as defined by NAREIT) attributable to stockholders
 
33,515

 
29,992

Acquisition and transaction fees (1)
 
696

 
(129
)
Proportionate share of adjustments for non-controlling interest to arrive at Core FFO
 
(2
)
 
1

Core FFO attributable to stockholders
 
34,209

 
29,864

Non-cash equity based compensation
 
16

 
1,044

Non-cash portion of interest expense
 
880

 
2,418

Straight-line rent
 
(3,878
)
 
(2,801
)
Amortization of above- and below- market leases and ground lease assets and liabilities, net
 
404

 
16

Eliminate unrealized losses on foreign currency transactions (2)
 
1,792

 
1,809

Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness
 
882

 
98

Amortization of mortgage premium (discount), net and mezzanine discount
 
153

 
(121
)
Proportionate share of adjustments for non-controlling interest to arrive at AFFO
 
(1
)
 
(26
)
AFFO attributable to stockholders
 
$
34,457

 
$
32,301

 
 
 
 
 
Summary
 
 
 
 
FFO (as defined by NAREIT) attributable to stockholders
 
$
33,515

 
$
29,992

Core FFO attributable to stockholders
 
$
34,209

 
$
29,864

AFFO attributable to stockholders
 
$
34,457

 
$
32,301

______________________________
(1) 
For the three months ended March 31, 2017, Merger related costs were $0.7 million. There were no Merger related costs for the three months ended March 31, 2016.
(2) 
For the three months ended March 31, 2017, losses on foreign currency transactions were $0.5 million which were comprised of unrealized losses of $1.8 million offset by realized gains of $1.3 million. For the three months ended March 31, 2016, losses on foreign currency transactions were $0.3 million, which were comprised of unrealized losses of $1.8 million offset by realized gains of $1.5 million. For AFFO purposes, we add back unrealized (gains) losses.
Dividends
We pay dividends on the 15th day of each month at a rate of $0.1775 per share to stockholders of record as of close of business on the 8th day of such month.
The amount of dividends payable to our stockholders is determined by our board of directors and is dependent on a number of factors, including funds available for dividends, our financial condition, capital expenditure requirements, as applicable, requirements of Maryland law and annual distribution requirements needed to maintain our status as a REIT for U.S. federal income tax purposes under the Internal Revenue Code of 1986, as amended (the "Code"). Dividend payments are dependent on the availability of funds. Our board of directors may alter the amount of dividends paid or suspend dividend payments at any time and therefore dividend payments are not assured. There is no assurance that we will continue to declare dividends at this rate.
During the three months ended March 31, 2017, dividends paid to common stockholders were $35.5 million, inclusive of $0.3 million of distributions paid for OP Units and LTIP Units. During the three months ended March 31, 2017, cash used to pay dividends was generated from cash flows from operations and $2.8 million of cash available on hand. Using cash on hand to pay dividends reduces cash available for investment in assets and other purposes and reduces our per share stockholder equity.

51


The following table shows the sources for the payment of dividends to common stockholders for the period indicated:
 
 
Three Months Ended
 
 
March 31, 2017
(In thousands)
 
 
 
Percentage of Dividends
Dividends:
 
 
 
 
Dividends to stockholders
 
$
35,293

 
 
Other (1)
 
255

 
 
Total dividends
 
$
35,548

 
 
 
 
 
 
 
Source of dividend coverage:
 
 
 
 
Cash flows provided by operations
 
$
32,728

 
92.1
%
Available cash on hand
 
2,820

 
7.9
%
Total sources of dividend coverage
 
$
35,548

 
100.0
%
 
 
 
 
 
Cash flows provided by operations (GAAP basis) (2)
 
$
32,728

 
 
 
 
 
 
 
Net income attributable to stockholders (in accordance with GAAP)
 
$
7,429

 
 
______________________________
(1) 
Includes distributions paid of $0.1 million for the OP Units and $0.2 million to the participating LTIP Units during the three months ended March 31, 2017.
(2) 
Cash flows provided by operations for the year ended March 31, 2017 reflect acquisition and transaction related expenses of $0.7 million.
Foreign Currency Translation
Our reporting currency is the USD. The functional currency of our foreign investments is the applicable local currency for each foreign location in which we invest. Assets and liabilities in these foreign locations (including intercompany balances for which settlement is not anticipated in the foreseeable future) are translated at the spot rate in effect at the applicable reporting date. The amounts reported in the consolidated statements of operations are translated at the average exchange rates in effect during the applicable period. The resulting unrealized cumulative translation adjustment is recorded as a component of accumulated other comprehensive income (loss) in the consolidated statement of changes in equity.
Contractual Obligations
The following table presents our estimated future payments under contractual obligations at March 31, 2017 and the effect these obligations are expected to have on our liquidity and cash flow in the specified future periods:
(In thousands)
 
Total
 
Less than 1 Year
 
1-3 Years
 
3-5 Years
 
More than 5 Years
Principal on mortgage notes payable
 
$
763,336

 
$
22,747

 
$
393,341

 
$
347,248

 
$

Interest on mortgage notes payable (1)
 
56,618

 
20,114

 
30,468

 
6,036

 

Principal on credit facility (2)
 
698,203

 
698,203

 

 

 

Interest on credit facility (1) (2)
 
4,357

 
4,357

 

 

 

Operating ground lease rental payments due (3)
 
46,489

 
1,280

 
2,560

 
2,560

 
40,089

Total  (4) (5)
 
$
1,569,003

 
$
746,701

 
$
426,369

 
$
355,844

 
$
40,089

_________________________
(1) 
Based on exchange rates of £1.00 to $1.25 for GBP and €1.00 to $1.07 for Euro as of March 31, 2017.
(2) 
The initial maturity date of the Credit Facility was July 25, 2016 with two one-year extension options. On July 25, 2016, we extended the maturity date of the Credit Facility to July 25, 2017 with an additional one-year extension option remaining, subject to certain conditions.
(3) 
Ground lease rental payments due for ING Amsterdam are not included in the table above as the Company's ground for this property is prepaid through 2050.
(4) 
Amounts in the table above that relate to our foreign operations are based on the exchange rate of the local currencies at March 31, 2017, which consisted primarily of the Euro and British Pounds. At March 31, 2017, we had no material capital lease obligations for which we were the lessee, either individually or in the aggregate.
(5) 
Derivative payments are not included in this table due to the uncertainty of the timing and amounts of payments. Additionally, as derivatives can be settled at any point in time, they are generally not considered long-term in nature.

52


Credit Facility
On July 25, 2013, we through the OP, entered into a credit facility (the "Credit Facility"). The Credit Facility has been amended and maximum borrowings have increased to $740.0 million, with the most recent increase being on August 24, 2015. We had $698.2 million and $616.6 million outstanding under the Credit Facility as of March 31, 2017 and December 31, 2016, respectively. As of March 31, 2017, the Credit Facility reflected variable and fixed rate borrowings with a weighted average effective interest rate of 2.6% after giving effect to interest rate swaps in place.
A portion of foreign currency draws under the Credit Facility are designated as net investment hedges of our investments during the periods reflected in the consolidated statements of operations. See Note 8 — Derivatives and Hedging Activities to our unaudited consolidated financial statements in this Quarterly Report on Form 10-Q for further discussion.
Election as a REIT 
We qualified to be taxed as a REIT for U.S. federal income tax purposes under Sections 856 through 860 of the Code, commencing with our taxable year ended December 31, 2013. Commencing with such taxable year, we were organized and operate in such a manner as to qualify for taxation as a REIT under the Code. We intend to continue to operate in such a manner to qualify for taxation as a REIT, but no assurance can be given that we will operate in a manner so as to remain qualified as a REIT for U.S. federal income tax purposes. In order to continue to qualify for taxation as a REIT, we must, among other things, distribute annually at least 90% of our REIT taxable income. REITs are subject to a number of other organizational and operational requirements. Even if we continue to qualify for taxation as a REIT, we may be subject to certain federal, state, local and foreign taxes on our income and assets, including alternative minimum taxes, taxes on any undistributed income and state, local or foreign income, franchise, property and transfer taxes. Any of these taxes decrease our earnings and our available cash.
In addition, our international assets and operations, including those designated as direct or indirect qualified REIT subsidiaries or other disregarded entities of a REIT, continue to be subject to taxation in the foreign jurisdictions where those assets are held or those operations are conducted.
Inflation
We may be adversely impacted by inflation on any leases that do not contain indexed escalation provisions. In addition, we may be required to pay costs for maintenance and operation of properties which may adversely impact our results of operations due to potential increases in costs and operating expenses resulting from inflation.
Off-Balance Sheet Arrangements
We have no off-balance sheet arrangements as of March 31, 2017 that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors other than our future obligations under nonconcealable operating ground leases (see Note 10 — Commitments and Contingencies and Contractual Obligations for details).
Item 3. Quantitative and Qualitative Disclosures About Market Risk.
Market Risk
Market risk is the exposure to loss resulting from changes in interest rates, foreign currency exchange rates, and equity prices. The primary risks to which we are exposed are interest rate risk and foreign currency exchange risk, and we are also exposed to further market risk as a result of concentrations of tenants in certain industries and/or geographic regions. Adverse market factors can affect the ability of tenants in a particular industry/region to meet their respective lease obligations. In order to manage this risk, we view our collective tenant roster as a portfolio, and in our investment decisions we attempt to diversify our portfolio so that we are not overexposed to a particular industry or geographic region.
Generally, we do not use derivative instruments to hedge credit risks or for speculative purposes. However, from time to time, we may enter into foreign currency forward contracts to hedge our foreign currency cash flow exposures.
Interest Rate Risk
The values of our real estate and related fixed-rate debt obligations are subject to fluctuations based on changes in interest rates. The value of our real estate is also subject to fluctuations based on local and regional economic conditions and changes in the creditworthiness of lessees, all of which may affect our ability to refinance property-level mortgage debt when balloon payments are scheduled, if we do not choose to repay the debt when due. Interest rates are highly sensitive to many factors, including governmental monetary and tax policies, domestic and international economic and political conditions, and other factors beyond our control. An increase in interest rates would likely cause the fair value of our owned and managed assets to decrease, which would create lower revenues from managed assets and lower investment performance for the managed REITs. Increases in interest rates may also have an impact on the credit profile of certain tenants.

53


We are exposed to the impact of interest rate changes primarily through our borrowing activities. We obtained, and may in the future obtain, variable-rate, non-recourse mortgage loans, and as a result, we have entered into, and may continue to enter into, interest rate swap agreements or interest rate cap agreements with lenders. Interest rate swap agreements effectively convert the variable-rate debt service obligations of the loan to a fixed rate, while interest rate cap agreements limit the underlying interest rate from exceeding a specified strike rate. Interest rate swaps are agreements in which one party exchanges a stream of interest payments for a counterparty’s stream of cash flows over a specific period, and interest rate caps limit the effective borrowing rate of variable-rate debt obligations while allowing participants to share in downward shifts in interest rates. These interest rate swaps and caps are derivative instruments designated as cash flow hedges on the forecasted interest payments on the debt obligation. The face amount on which the swaps or caps are based is not exchanged. Our objective in using these derivatives is to limit our exposure to interest rate movements. At March 31, 2017, we estimated that the total fair value of our interest rate swaps, which are included in Derivatives, at fair value in the consolidated financial statements, was in a net asset position of $10.8 million (Note 8Derivatives and Hedging Activities).
As of March 31, 2017, our total consolidated debt included borrowings under our Credit Facility and secured mortgage financings, with a total carrying value of $1.5 billion and a total estimated fair value of $1.5 billion and a weighted average effective interest rate per annum of 2.7%. At March 31, 2017, a significant portion (approximately 76.4%) of our debt either bore interest at fixed rates or were swapped or capped to a fixed rate. The annual interest rates on our fixed-rate debt at March 31, 2017 ranged from 1.0% to 6.3%. The contractual annual interest rates on our variable-rate debt at March 31, 2017 ranged from 2.1% to 3.0%. Our debt obligations are more fully described in Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations-Contractual Obligations above.
The following table presents future principal cash flows based upon expected maturity dates of our debt obligations outstanding at March 31, 2017:
(In thousands)
 
Fixed-rate debt (1)
 
Variable-rate debt (1)
 
Total Debt
2017 (remainder)
(2) 
$
462,493

(2) 
$
258,371

 
$
720,864

2018
 
75,321

 
52,800

 
128,121

2019
 
265,214

 

 
265,214

2020
 
271,727

 
33,550

 
305,277

2021
 
42,063

 

 
42,063

2022
 

 

 

Thereafter
 

 

 

Total
 
$
1,116,818

 
$
344,721

 
$
1,461,539

_________________________
(1) 
Amounts are based on exchange rates at March 31, 2017, as applicable.
(2) 
The initial maturity date of the Credit Facility was July 25, 2016 with two one-year extension options. On July 25, 2016, we extended the maturity date of the Credit Facility to July 25, 2017 with an additional one-year extension option remaining, subject to certain conditions.
The estimated fair value of our fixed-rate debt and our variable-rate debt that currently bears interest at fixed rates or has effectively been converted to a fixed rate through the use of interest rate swaps is affected by changes in interest rates. A decrease or increase in interest rates of 1% would change the estimated fair value of this debt at March 31, 2017 by an aggregate increase of $1.6 million or an aggregate decrease of $2.0 million, respectively.
Annual interest expense on our unhedged variable-rate debt that does not bear interest at fixed rates at March 31, 2017 would increase or decrease by $2.0 million and $0.8 million, respectively for each respective 1% change in annual interest rates.
Foreign Currency Exchange Rate Risk
We own foreign investments, primarily in Europe and as a result are subject to risk from the effects of exchange rate movements in various foreign currencies, primarily the Euro and the British pound sterling which may affect future costs and cash flows. We generally manage foreign currency exchange rate movements by placing our debt service obligation to the lender and the tenant’s rental obligation to us in the same currency. This reduces our overall exposure to currency fluctuations. In addition, we may use currency hedging to further reduce the exposure to our equity cash flow. We are generally a net receiver of these currencies (we receive more cash than we pay out), and therefore our presented operations of our foreign properties benefit from a weaker USD, and are adversely affected by a stronger USD, relative to the foreign currency.
We have designated all current foreign currency draws as net investment hedges to the extent of our net investment in foreign subsidiaries. To the extent foreign draws in each currency exceed the net investment, we reflect the effects of changes in currency on such excess in earnings. As of March 31, 2017, the Company had draws of £63.0 million ($78.6 million based on the aforementioned exchange rate as of March 31, 2017) in excess of its net investments (Note 8 — Derivatives and Hedging Activities).

54


We enter into foreign currency forward contracts and put options to hedge certain of our foreign currency cash flow exposures. A foreign currency forward contract is a commitment to deliver a certain amount of foreign currency at a certain price on a specific date in the future. By entering into forward contracts and holding them to maturity, we are locked into a future currency exchange rate for the term of the contract. A foreign currency put option contract consists of a right, but not the obligation, to sell a specified amount of foreign currency for a specified amount of another currency at a specific date. If the exchange rate of the currency fluctuates favorably beyond the put options’ strike rate at maturity, the option would be considered in-the-money and exercised accordingly. The total estimated fair value of our foreign currency forward contracts and put options, which are included in derivatives, at fair value in the consolidated balance sheets, was in a net asset position of $5.9 million and $0.3 million, respectively at March 31, 2017 (Note 7 — Fair Value of Financial Instruments). We have obtained, and may in the future obtain, non-recourse mortgage financing in the local currency. To the extent that currency fluctuations increase or decrease rental revenues as translated to U.S. dollars, the change in debt service, as translated to U.S. dollars, will partially offset the effect of fluctuations in revenue and, to some extent, mitigate the risk from changes in foreign currency exchange rates.
Scheduled future minimum rents, exclusive of renewals, under non-cancelable operating leases, for our foreign operations as of March 31, 2017, during each of the next five calendar years and thereafter, are as follows:
 
 
Future Minimum Base Rent Payments (1)
(In thousands)
 
Euro
 
British pound sterling
 
Total
2017 (remainder)
 
$
47,644

 
$
36,612

 
$
84,256

2018
 
64,370

 
49,618

 
113,988

2019
 
64,680

 
50,759

 
115,439

2020
 
64,992

 
52,113

 
117,105

2021
 
65,285

 
52,740

 
118,025

2022
 
65,626

 
52,178

 
117,804

Thereafter
 
181,945

 
286,139

 
468,084

Total
 
$
554,542

 
$
580,159

 
$
1,134,701

_______________________
(1) 
Based on exchange rates of £1.00 to $1.25 for GBP and €1.00 to $1.07 for Euro as of March 31, 2017.
Scheduled debt service payments (principal) for mortgage notes payable for our foreign operations as of March 31, 2017, during each of the next five calendar years and thereafter, are as follows:
 
 
Future Debt Service Payments (1) (2)
 
 
Mortgage Notes Payable
(In thousands)
 
Euro
 
British pound sterling
 
Total
2017 (remainder)
 
$

 
$
949

 
$
949

2018
 

 
74,985

 
74,985

2019
 
170,233

 
94,626

 
264,859

2020
 
162,237

 
109,118

 
271,355

2021
 
15,489

 

 
15,489

2022
 

 

 

Thereafter
 

 

 

Total
 
$
347,959

 
$
279,678

 
$
627,637


55


 
 
Future Debt Service Payments (1) (2)
 
 
Credit Facility (3)
(In thousands)
 
Euro
 
British pound sterling
 
Total
2017 (remainder)
 
$
331,410

 
$
221,343

 
$
552,753

2018
 

 

 

2019
 

 

 

2020
 

 

 

2021
 

 

 

2022
 

 

 

Thereafter
 

 

 

Total
 
$
331,410

 
$
221,343

 
$
552,753

_______________________
(1) 
Based on exchange rates of £1.00 to $1.25 for GBP and €1.00 to $1.07 for Euro as of March 31, 2017. Contractual rents and debt obligations are denominated in the functional currency of the country of each property.
(2) 
Interest on unhedged variable-rate debt obligations was calculated using the applicable annual interest rates and balances outstanding at March 31, 2017.
(3) 
The initial maturity of our Credit Facility was July 25, 2016 with two one-year extension options. On July 25, 2016, we extended the maturity date of the Credit Facility to July 25, 2017 with an additional one-year extension option remaining, subject to certain conditions (Note 5 — Credit Borrowings). Borrowings under our Credit Facility in foreign currencies are designated and effective as economic hedges of our net investments in foreign entities (Note 8 — Derivatives and Hedging Activities).
We currently anticipate that, by their respective due dates, we will have repaid or refinanced certain of these loans, or extended it, but there can be no assurance that we will be able to refinance these loans on favorable terms, if at all. If refinancing has not occurred, we would expect to use our cash resources, including unused capacity on our Credit Facility, to make these payments, if necessary.
Concentration of Credit Risk
Concentrations of credit risk arise when a number of tenants are engaged in similar business activities or have similar economic risks or conditions that could cause them to default on their lease obligations to us. We regularly monitor our portfolio to assess potential concentrations of credit risk. While we believe our portfolio is reasonably well diversified, it does contain concentrations in excess of 10%, based on the percentage of our annualized rental income as of March 31, 2017, in certain areas. See Item 2. Properties in this Quarterly Report on Form 10-Q for further discussion on distribution across countries and industries.
Based on original purchase price or acquisition value for the properties acquired through Merger, the majority of our properties are located in the U.S. including the Commonwealth of Puerto Rico (49.5%) and 50.5% are in Europe. Based on our annualized rental income, the majority of our directly owned real estate properties and related loans are located in the U.S. and the Commonwealth of Puerto Rico 50.6% and the remaining are in Finland (5.9%), France (5.0%), Germany (8.2%), Luxembourg (2.0%), The Netherlands (6.5%) and United Kingdom (21.8%) at March 31, 2017. No individual tenant accounted for more than 10% of our annualized rental income at March 31, 2017. Based on annualized rental income, at March 31, 2017, our directly owned real estate properties contain significant concentrations in the following asset types: office (59%), industrial/distribution (31%), and retail (10%).

56


Item 4. Controls and Procedures.
Evaluation of Disclosure Controls and Procedures
In accordance with Rules 13a-15(b) and 15d-15(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), we, under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, carried out an evaluation of the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the Exchange Act) as of the end of the period covered by this Quarterly Report on Form 10-Q and determined that our disclosure controls and procedures are effective.
Changes in Internal Control Over Financial Reporting
During the quarter ended March 31, 2017, there were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.


57


PART II — OTHER INFORMATION
None.
Item 1. Legal Proceedings.
As of the end of the period covered by this Quarterly Report on Form 10-Q, we are not a party to any material pending legal proceedings.
Item 1A. Risk Factors.
Our potential risks and uncertainties are presented in the section entitled "Risk Factors", contained in the Annual Report on Form 10-K for the year ended December 31, 2016. There have been no material changes from these risk factors, except for the items described below.
Dividends paid from sources other than our cash flows from operations will result in the Company having fewer funds available for the acquisition of properties and other real estate-related investments and may dilute your interests in us, which may adversely affect our ability to fund future distributions with cash flows from operations and may adversely affect your overall return.
The Company's cash flows provided by operations were $32.7 million for the three months ended March 31, 2017. During the three months ended March 31, 2017, the Company paid dividends of $35.5 million, inclusive of $0.3 million of distributions paid for OP Units and LTIP Units, or 92.1%, which was funded from cash flows from operations and $2.8 million, or 7.9%, was funded from cash on hand. Using cash on hand to pay dividends reduces cash available for investment in assets and other purposes and reduces our per share stockholder equity. The Company may continue to use the net offering proceeds to fund dividends.
If the Company does not generate sufficient cash flows from our operations to fund dividends, it may have to reduce or suspend dividend payments, or pay dividends from other sources, such as from borrowings, the sale of additional securities, advances from the Advisor, and/or the Advisor's deferral, suspension and/or waiver of its fees and expense reimbursements. Moreover, the Company's board of directors may change the Company's dividend policy, in its sole discretion, at any time.
We are dependent on our Advisor, our Property Manager and the Service Provider to provide us with executive officers, key personnel and all services required for us to conduct our operations and our operating performance may be impacted by any adverse changes in the financial health or reputation of our Advisor.
Personnel and services that we require are provided to us under contracts with our Advisor and our Property Manager, which has retained the Service Provider to provide advisory and property management services with respect to investments in Europe, subject to the Advisor's oversight. We depend on the Advisor, our Property Manager and the Service Provider to manage our operations and acquire and manage our portfolio of real estate assets. The Advisor makes all decisions with respect to the management of our company, subject to the supervision of, and any guidelines established by, our board of directors.
Our success depends to a significant degree upon the contributions of our executive officers and other key personnel of our Advisor. Neither the Company nor the Advisor has an employment agreement with any of these key personnel, except for the agreement between Mr. Bowman and the Advisor, and we cannot guarantee that all, or any particular one, will remain affiliated with us or the Advisor. If any of our key personnel were to cease their affiliation with the Advisor, our operating results could suffer. Further, we do not maintain key person life insurance on any person. We believe that our success depends, in large part, upon the ability of the Advisor to hire, retain or contract services of highly skilled managerial, operational and marketing personnel. Competition for skilled personnel is intense, and there can be no assurance that the Advisor will be successful in attracting and retaining skilled personnel. If the Advisor loses or is unable to obtain the services of key personnel, the Advisor's ability to implement our investment strategies could be delayed or hindered, and the value of an investment in the Company's shares may decline.
On March 8, 2017, the creditor trust established in connection with the bankruptcy of RCS Capital Corp. (“RCAP”), which prior to its bankruptcy filing was under common control with the Advisor, filed suit against the Sponsor, the Advisor, advisors of other entities sponsored by affiliates of AR Global, and AR Global’s principals.  The suit alleges, among other things, certain breaches of duties to RCAP. The Company is not named in the suit, nor are there allegations related to the services the Advisor provides to the Company.  The Advisor has informed the Company that it believes the suit is without merit and intends to defend against it vigorously.
Any adverse changes in the financial condition or financial health of, or our relationship with, our Advisor, including any change resulting from an adverse outcome in any litigation, could hinder its ability to successfully manage our operations and our portfolio of investments. Additionally, changes in ownership or management practices, the occurrence of adverse events affecting our Advisor or its affiliates or other companies advised by our Advisor and its affiliates could create adverse publicity and adversely affect us and our relationship with lenders, tenants or counterparties.

58


Item 2. Unregistered Sales of Equity Securities and Use of Proceeds of Registered Securities.
Recent Sale of Unregistered Securities
There were no recent sales of unregistered securities.
Purchases of Equity Securities by the Issuer and Related Purchasers
There were no recent repurchases of our equity securities.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not applicable.
Item 5. Other Information.
Not applicable.
Item 6. Exhibits.
The exhibits listed on the Exhibit Index (following the signatures section of this report) are included, or incorporated by reference, in this Quarterly Report on Form 10-Q.

59

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
Global Net Lease, Inc.
 
By:
/s/ Scott J. Bowman
 
 
Scott J. Bowman
 
 
Chief Executive Officer and President
(Principal Executive Officer)
 
 
 
 
By:
/s/ Nicholas Radesca
 
 
Nicholas Radesca
 
 
Chief Financial Officer, Treasurer, and Secretary
(Principal Financial Officer and Principal Accounting Officer)

Dated: May 8, 2017

60

EXHIBITS INDEX



The following exhibits are included, or incorporated by reference, in this Quarterly Report on Form 10-Q for the quarter ended March 31, 2017 (and are numbered in accordance with Item 601 of Regulation S-K).
Exhibit No.
 
Description
3.1 (1)
 
Articles of Amendment – Reverse Stock Split
3.2 (1)
 
Articles of Amendment – Par Value Decrease
4.1 (1)
 
First Amendment to Second Amended and Restated Agreement of Limited Partnership of Global Net Lease Operating Partnership, L.P.
31.1 *
 
Certification of the Principal Executive Officer of the Company pursuant to Securities Exchange Act Rule 13a-14(a) or 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2 *
 
Certification of the Principal Financial Officer of the Company pursuant to Securities Exchange Act Rule 13a-14(a) or 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32 *
 
Written statements of the Principal Executive Officer and Principal Financial Officer of the Company pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101 *
 
XBRL (eXtensible Business Reporting Language). The following materials from Global Net Lease, Inc.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, formatted in XBRL: (i) the Consolidated Balance Sheets at March 31, 2017 and December 31, 2016, (ii) the Consolidated Statements of Operations for the three months ended March 31, 2017 and 2016, (iii) the Consolidated Statements of Comprehensive Income (Loss) for the three months ended March 31, 2017 and 2016, (iv) the Consolidated Statement of Changes in Equity for the three months ended March 31, 2017, (v) the Consolidated Statements of Cash Flows for the three months ended March 31, 2017 and 2016, and (vi) the Notes to the Consolidated Financial Statements.
_________________________________________
*
Filed herewith
(1) 
Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on February 28, 2017.

61
EX-31.1 2 gnl10-q3312017ex311.htm CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER OF THE COMPANY Exhibit
Exhibit 31.1
CERTIFICATION PURSUANT TO RULE 13a-14(a) AND 15d-14(a) UNDER
THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Scott J. Bowman, certify that:
1.
I have reviewed this Quarterly Report on Form 10-Q of Global Net Lease, Inc.;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Dated the 8th day of May, 2017
 
/s/ Scott J. Bowman
 
 
Scott J. Bowman
 
 
Chief Executive Officer and President
 
 
(Principal Executive Officer)



EX-31.2 3 gnl10-q3312017ex312.htm CERTIFICATION OF THE PRINCIPAL FINANCIAL OFFICER OF THE COMPANY Exhibit
Exhibit 31.2
CERTIFICATION PURSUANT TO RULE 13a-14(a) AND 15d-14(a) UNDER
THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Nicholas Radesca, certify that:
1.
I have reviewed this Quarterly Report on Form 10-Q of Global Net Lease, Inc.;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Dated the 8th day of May, 2017
 
/s/ Nicholas Radesca
 
 
Nicholas Radesca
 
 
Chief Financial Officer, Treasurer and Secretary
 
 
(Principal Financial Officer and Principal Accounting Officer)



EX-32 4 gnl10-q3312017ex32.htm SECTION 1350 CERTIFICATIONS Exhibit
Exhibit 32
SECTION 1350 CERTIFICATIONS

This Certificate is being delivered pursuant to the requirements of Section 1350 of Chapter 63 (Mail Fraud) of Title 18 (Crimes and Criminal Procedures) of the United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.
The undersigned, who are the Chief Executive Officer and Chief Financial Officer of Global Net Lease, Inc. (the “Company”), each hereby certify as follows:
The quarterly report on Form 10-Q of the Company, which accompanies this Certificate, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and all information contained in this quarterly report fairly presents, in all material respects, the financial condition and results of operations of the Company.
Dated the 8th day of May, 2017
 
/s/ Scott J. Bowman
 
Scott J. Bowman
 
Chief Executive Officer and President
 
(Principal Executive Officer)
 
 
 
/s/ Nicholas Radesca
 
Nicholas Radesca
 
Chief Financial Officer, Treasurer and Secretary
 
(Principal Financial Officer and Principal Accounting Officer)



EX-101.INS 5 gnl-20170331.xml XBRL INSTANCE DOCUMENT 0001526113 2017-01-01 2017-03-31 0001526113 2017-04-30 0001526113 2016-12-31 0001526113 2017-03-31 0001526113 2016-01-01 2016-03-31 0001526113 us-gaap:NoncontrollingInterestMember 2017-01-01 2017-03-31 0001526113 us-gaap:RetainedEarningsMember 2017-01-01 2017-03-31 0001526113 us-gaap:CommonStockMember 2016-12-31 0001526113 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-03-31 0001526113 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0001526113 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-03-31 0001526113 us-gaap:RetainedEarningsMember 2017-03-31 0001526113 us-gaap:ParentMember 2017-01-01 2017-03-31 0001526113 us-gaap:NoncontrollingInterestMember 2017-03-31 0001526113 us-gaap:ParentMember 2017-03-31 0001526113 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-03-31 0001526113 us-gaap:CommonStockMember 2017-03-31 0001526113 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0001526113 us-gaap:AdditionalPaidInCapitalMember 2017-03-31 0001526113 us-gaap:ParentMember 2016-12-31 0001526113 us-gaap:NoncontrollingInterestMember 2016-12-31 0001526113 us-gaap:CommonStockMember 2017-01-01 2017-03-31 0001526113 us-gaap:RetainedEarningsMember 2016-12-31 0001526113 2016-03-31 0001526113 gnl:MezzanineLoanMember us-gaap:MortgagesMember 2017-01-01 2017-03-31 0001526113 gnl:MezzanineLoanMember us-gaap:MortgagesMember 2016-01-01 2016-03-31 0001526113 2015-12-31 0001526113 us-gaap:SecuredDebtMember 2016-01-01 2016-03-31 0001526113 us-gaap:SecuredDebtMember 2017-01-01 2017-03-31 0001526113 us-gaap:CommonStockMember 2015-07-06 2015-07-06 0001526113 gnl:OpUnitsMember gnl:AdvisorMember 2015-06-02 2015-06-02 0001526113 country:GB 2016-12-22 0001526113 us-gaap:CommonStockMember 2015-07-06 0001526113 us-gaap:CommonStockMember 2014-06-30 0001526113 us-gaap:CommonStockMember 2015-06-02 0001526113 us-gaap:IPOMember 2014-06-30 0001526113 2017-02-27 0001526113 country:US 2016-12-22 0001526113 gnl:OpUnitsMember gnl:ServiceProviderMember 2016-09-02 2016-09-02 0001526113 gnl:OpUnitsMember 2017-01-01 2017-03-31 0001526113 gnl:OpUnitsMember 2016-09-02 2016-09-02 0001526113 gnl:OpUnitsMember us-gaap:InvestorMember 2016-09-02 2016-09-02 0001526113 country:US 2017-03-31 0001526113 us-gaap:EuropeMember 2017-03-31 0001526113 2014-06-30 2014-06-30 0001526113 gnl:OpUnitsMember 2015-06-02 2015-06-02 0001526113 2017-02-28 0001526113 2015-06-02 0001526113 gnl:OpUnitsMember gnl:ServiceProviderMember 2015-06-02 2015-06-02 0001526113 us-gaap:EuropeMember 2016-12-22 0001526113 us-gaap:CommonStockMember 2017-02-28 2017-02-28 0001526113 gnl:OpUnitsMember 2017-02-28 2017-02-28 0001526113 gnl:LongTermIncentivePlanUnitsMember 2017-02-28 2017-02-28 0001526113 gnl:OpUnitsMember us-gaap:SubsequentEventMember 2017-04-03 2017-04-03 0001526113 us-gaap:RestatementAdjustmentMember 2016-01-01 2016-03-31 0001526113 us-gaap:ScenarioPreviouslyReportedMember 2016-01-01 2016-03-31 0001526113 gnl:ChangeinTaxValuationMember us-gaap:ForeignCountryMember us-gaap:RestatementAdjustmentMember 2015-01-01 2015-06-30 0001526113 gnl:ListingNoteMember 2016-01-31 0001526113 gnl:StraightLineRentEffectTerminationPaymentsUnderLeaseCancellationClausesMember us-gaap:RestatementAdjustmentMember 2015-01-01 2015-06-30 0001526113 gnl:ChangeinTaxValuationMember us-gaap:RestatementAdjustmentMember 2015-01-01 2015-06-30 0001526113 2015-06-02 2015-06-02 0001526113 us-gaap:NondesignatedMember us-gaap:RestatementAdjustmentMember 2015-01-01 2015-03-31 0001526113 gnl:ChangeinTaxValuationMember us-gaap:RestatementAdjustmentMember 2015-01-01 2015-03-31 0001526113 gnl:ChangeinTaxValuationMember us-gaap:RestatementAdjustmentMember gnl:DeferredTaxAssetMember 2015-01-01 2015-06-30 0001526113 gnl:MultiYearOutperformancePlanMember 2015-06-02 2015-06-02 0001526113 gnl:StraightLineRentEffectTerminationPaymentsUnderLeaseCancellationClausesMember us-gaap:RestatementAdjustmentMember 2015-06-30 0001526113 gnl:MergerAgreementMember 2017-03-31 0001526113 gnl:MergerAgreementMember 2016-12-22 2016-12-22 0001526113 gnl:AmericanRealtyCapitalGlobalTrustIIInc.Member gnl:MergerAgreementMember 2016-12-22 0001526113 gnl:MergerAgreementMember us-gaap:CommonStockMember 2016-12-21 0001526113 gnl:MergerAgreementMember 2016-12-21 2016-12-21 0001526113 gnl:TheLetterAgreementMember 2016-12-16 0001526113 gnl:TheLetterAgreementMember 2017-01-01 2017-03-31 0001526113 gnl:TheLetterAgreementMember 2016-12-22 2016-12-22 0001526113 gnl:TheLetterAgreementMember 2016-12-16 2016-12-16 0001526113 gnl:TheLetterAgreementMember 2016-12-22 0001526113 gnl:ClassBUnitsMember gnl:MergerAgreementMember us-gaap:CommonStockMember 2016-12-22 2016-12-22 0001526113 gnl:ClassBUnitsMember gnl:TheLetterAgreementMember 2016-12-16 2016-12-16 0001526113 gnl:MergerAgreementMember us-gaap:CommonStockMember 2016-12-22 2016-12-22 0001526113 country:GB 2017-01-01 2017-03-31 0001526113 country:GB 2016-01-01 2016-03-31 0001526113 stpr:TX 2016-01-01 2016-03-31 0001526113 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember gnl:AdvisorMember 2017-01-01 2017-03-31 0001526113 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2017-01-01 2017-03-31 0001526113 gnl:KulickeSoffaFortWashingtonPAMember 2017-01-01 2017-03-31 0001526113 us-gaap:LeasesAcquiredInPlaceMember 2017-01-01 2017-03-31 0001526113 gnl:BelowMarketLeaseMember 2017-01-01 2017-03-31 0001526113 us-gaap:AboveMarketLeasesMember 2017-01-01 2017-03-31 0001526113 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2016-01-01 2016-03-31 0001526113 2016-01-01 2016-12-31 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2017-03-31 0001526113 gnl:LineOfCreditFacilityInterestRateOptionOneMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member us-gaap:MinimumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2013-07-25 2013-07-25 0001526113 currency:EUR gnl:MezzanineLoanMember us-gaap:MortgagesMember 2017-03-31 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2016-07-25 0001526113 gnl:LineOfCreditFacilityInterestRateOptionTwoMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member us-gaap:MaximumMember us-gaap:BaseRateMember 2013-07-25 2013-07-25 0001526113 gnl:LineofCreditFacilityBaseRateOptionThreeMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2013-07-25 2013-07-25 0001526113 gnl:BelowThresholdMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2013-07-25 2013-07-25 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2016-12-31 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2013-07-25 0001526113 gnl:AboveThresholdMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2013-07-25 2013-07-25 0001526113 gnl:BridgeCommitmentMember us-gaap:BridgeLoanMember 2016-08-08 0001526113 gnl:LineOfCreditFacilityInterestRateOptionOneMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member us-gaap:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2013-07-25 2013-07-25 0001526113 gnl:LineOfCreditFacilityInterestRateOptionTwoMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member us-gaap:MinimumMember us-gaap:BaseRateMember 2013-07-25 2013-07-25 0001526113 gnl:MezzanineLoanMember us-gaap:MortgagesMember 2016-12-31 0001526113 gnl:BridgeCommitmentMember us-gaap:BridgeLoanMember 2016-08-08 2016-08-08 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2017-01-01 0001526113 gnl:MezzanineLoanMember us-gaap:MortgagesMember 2017-03-31 0001526113 gnl:MezzanineLoanMember us-gaap:MortgagesMember 2016-12-22 0001526113 gnl:MezzanineLoanMember us-gaap:MortgagesMember 2017-03-30 2017-03-30 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member us-gaap:MaximumMember 2017-03-31 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2016-07-25 2016-07-25 0001526113 gnl:LineOfCreditFacilityBaseRateOptionTwoMember us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member us-gaap:FederalFundsEffectiveSwapRateMember 2013-07-25 2013-07-25 0001526113 currency:EUR us-gaap:MortgagesMember gnl:MetroTonicMember 2017-03-31 0001526113 us-gaap:MortgagesMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:FinnairMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:AuchanFranceMember 2017-03-31 0001526113 us-gaap:MortgagesMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:AmcorPackagingMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:EverythingEverywhereMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:CrownCrestMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:ThamesWaterUtilitiesLimitedMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:BradfordBingleyMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:NCRDundeeUnitedKingdomMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:WickesBuildingSuppliesIIIMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:FujitisuMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:CapgeminiMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:NorthernRockAssetManagementLLCMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:WickesBuildingSuppliesIIMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:WorldlineMember 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:WesternDigitalMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:TalkTalkMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:McdonaldsMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:NCRDundeeUnitedKingdomMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:DBLuxembourgMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:QuestDiagnosticsMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:RheinmetallMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:DFSTradingFivePackMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:FosterWheelerMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:RexamMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:HBOSMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:DCNSMember 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:ATTServicesMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:TokmanniMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:AvivaMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:HPEnterpriseServicesMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:SagemcomMember 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:ATTServicesMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:FedExFreightUnitedStatesMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:OBIDIYMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:HPEnterpriseServicesMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:OBIDIYMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:DCNSMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:FujitisuMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:FifeCouncilMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:WickesBuildingSuppliesMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:RheinmetallMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:RWEMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:INGAmsterdamMember 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:EncantoMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:MalthrustMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:EverythingEverywhereMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:ProvidentFinancialMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:PoleEmploiFranceMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:IDLogisticsIMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:IntierAutomotiveInteriorsMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:FinnairMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:MalthrustMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:DFSTradingTwoPackMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:IDLogisticsIIFranceMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:ThamesWaterUtilitiesLimitedMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:INGAmsterdamMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:SagemcomMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:DFSTradingFivePackMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:CapgeminiMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:HarperCollinsMember 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:VeoliaWaterUnitedStatesMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:ProvidentFinancialMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:AuchanFranceMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:TalkTalkMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:WesternDigitalMember 2017-03-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:IDLogisticsIIFranceMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:FosterWheelerMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:WickesBuildingSuppliesMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:AmcorPackagingMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:RWEMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:PoleEmploiFranceMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:IntierAutomotiveInteriorsMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:WickesBuildingSuppliesIIMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:TokmanniMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:DBLuxembourgMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:VeoliaWaterUnitedStatesMember 2017-03-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:HBOSMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:WickesBuildingSuppliesIIIMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:WorldlineMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:NorthernRockAssetManagementLLCMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:MetroTonicMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:FifeCouncilMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:DFSTradingTwoPackMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:McdonaldsMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:HarperCollinsMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:FedExFreightUnitedStatesMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:EncantoMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:CrownCrestMember 2016-12-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:QuestDiagnosticsMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:RexamMember 2016-12-31 0001526113 currency:EUR us-gaap:MortgagesMember gnl:IDLogisticsIMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:AvivaMember 2016-12-31 0001526113 currency:GBP us-gaap:MortgagesMember gnl:BradfordBingleyMember 2016-12-31 0001526113 us-gaap:MortgagesMember gnl:QuestDiagnosticsMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-03-31 0001526113 currency:USD us-gaap:MortgagesMember gnl:ATTServicesMember gnl:AdjustedLIBORMember 2017-01-01 2017-03-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2016-12-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2017-03-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2016-12-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2016-12-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2017-03-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2016-12-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2016-12-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2017-03-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2017-03-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2017-03-31 0001526113 us-gaap:FairValueMeasurementsRecurringMember us-gaap:StockOptionMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:CurrencySwapMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MortgagesMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MortgagesMember 2017-03-31 0001526113 gnl:MezzanineLoanMember us-gaap:FairValueInputsLevel3Member us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MortgagesMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:RevolvingCreditFacilityMember 2016-12-31 0001526113 gnl:MezzanineLoanMember us-gaap:FairValueInputsLevel3Member us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MortgagesMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:RevolvingCreditFacilityMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:RevolvingCreditFacilityMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:MortgagesMember 2016-12-31 0001526113 gnl:MezzanineLoanMember us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:MortgagesMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:RevolvingCreditFacilityMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:MortgagesMember 2017-03-31 0001526113 gnl:MezzanineLoanMember us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:MortgagesMember 2016-12-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember gnl:MonteCarloSimulationMember 2017-01-01 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember gnl:MultiYearOutperformancePlanMember gnl:MonteCarloSimulationMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member gnl:MultiYearOutperformancePlanMember 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member gnl:MultiYearOutperformancePlanMember 2017-01-01 2017-03-31 0001526113 us-gaap:FairValueInputsLevel3Member gnl:MultiYearOutperformancePlanMember 2016-12-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 us-gaap:SwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:SwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember currency:EUR us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember currency:EUR us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:SwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember currency:GBP us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember currency:GBP us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 us-gaap:SwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:SwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 us-gaap:SwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember currency:EUR us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember currency:EUR us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:EUR us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:DerivativeFinancialInstrumentsAssetsMember currency:GBP us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:NondesignatedMember 2016-12-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:SwapMember us-gaap:NondesignatedMember 2016-12-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:NondesignatedMember 2017-03-31 0001526113 us-gaap:SwapMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:NondesignatedMember 2016-12-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:NondesignatedMember 2016-12-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:StockOptionMember us-gaap:NondesignatedMember 2016-12-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:GBP us-gaap:SwapMember us-gaap:CurrencySwapMember us-gaap:NondesignatedMember 2017-03-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:InterestRateSwapMember us-gaap:NondesignatedMember 2016-12-31 0001526113 currency:EUR us-gaap:SwapMember us-gaap:ForwardContractsMember us-gaap:NondesignatedMember 2016-12-31 0001526113 us-gaap:NondesignatedMember 2017-01-01 2017-03-31 0001526113 currency:EUR 2017-03-31 0001526113 us-gaap:RevolvingCreditFacilityMember gnl:JPMorganChaseBankN.A.Member 2015-02-04 2015-02-04 0001526113 currency:GBP 2017-01-01 0001526113 currency:GBP 2015-05-16 0001526113 us-gaap:RevolvingCreditFacilityMember currency:GBP gnl:IndividualInvestmentMember gnl:JPMorganChaseBankN.A.Member 2017-01-01 0001526113 2017-01-01 0001526113 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:InterestExpenseMember 2017-01-01 2017-03-31 0001526113 us-gaap:RevolvingCreditFacilityMember currency:GBP gnl:IndividualInvestmentMember gnl:JPMorganChaseBankN.A.Member 2017-03-31 0001526113 2015-01-01 2015-12-31 0001526113 currency:EUR 2017-01-01 0001526113 us-gaap:NondesignatedMember 2016-01-01 2016-03-31 0001526113 currency:GBP 2017-03-31 0001526113 currency:EUR 2015-05-16 0001526113 us-gaap:RevolvingCreditFacilityMember currency:GBP us-gaap:NondesignatedMember gnl:IndividualInvestmentMember gnl:JPMorganChaseBankN.A.Member 2015-05-16 0001526113 us-gaap:RevolvingCreditFacilityMember 2015-02-04 0001526113 us-gaap:RevolvingCreditFacilityMember currency:EUR gnl:IndividualInvestmentMember gnl:JPMorganChaseBankN.A.Member 2017-03-31 0001526113 us-gaap:RevolvingCreditFacilityMember currency:EUR us-gaap:NondesignatedMember gnl:IndividualInvestmentMember gnl:JPMorganChaseBankN.A.Member 2015-05-16 0001526113 us-gaap:RevolvingCreditFacilityMember currency:EUR gnl:IndividualInvestmentMember gnl:JPMorganChaseBankN.A.Member 2017-01-01 0001526113 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2016-01-01 2016-03-31 0001526113 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:InterestExpenseMember 2016-01-01 2016-03-31 0001526113 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:InterestExpenseMember 2017-01-01 2017-03-31 0001526113 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2017-01-01 2017-03-31 0001526113 currency:GBP us-gaap:CurrencySwapMember us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 currency:EUR us-gaap:ForwardContractsMember us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 currency:EUR us-gaap:CurrencySwapMember us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001526113 currency:EUR us-gaap:ForwardContractsMember us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 currency:GBP us-gaap:CurrencySwapMember us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 currency:EUR us-gaap:CurrencySwapMember us-gaap:NetInvestmentHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001526113 gnl:AmendedAdvisoryAgreementMember gnl:AdvisorMember 2015-06-02 2015-06-02 0001526113 gnl:AmericanRealtyCapitalGlobalPropertiesLlcMember gnl:AllOtherPropertiesOtherthanStandAloneSingleTenantNetLeasedMember gnl:GrossRevenueManagedPropertiesMember us-gaap:MaximumMember gnl:PropertyManagerMember 2017-03-31 0001526113 us-gaap:GeneralAndAdministrativeExpenseMember gnl:TransferAssetandPersonnelServicesMember 2017-01-01 2017-03-31 0001526113 gnl:AdvisorMember country:US 2017-03-31 0001526113 gnl:ContributionandExchangeAgreementMember 2015-06-02 2015-06-02 0001526113 gnl:GrossRevenueManagedPropertiesMember gnl:AllOtherPropertiesOtherthanStandAloneSingleTenantNetLeasedMember gnl:UnaffiliatedThirdPartyPropertyManagementServicesMember us-gaap:EuropeMember 2017-01-01 2017-03-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:ContractPurchasePriceMember gnl:AdvisorMember 2015-06-02 0001526113 gnl:OpUnitsMember 2017-01-01 2017-03-31 0001526113 gnl:VariableBaseManagementFeeMember gnl:AdvisorMember 2016-01-01 2016-03-31 0001526113 gnl:AmendedAdvisoryAgreementMember gnl:AdvisorMember 2015-06-02 0001526113 us-gaap:GeneralAndAdministrativeExpenseMember gnl:TransferAssetandPersonnelServicesMember gnl:AdvisorAndDealerManagerMember 2017-01-01 2017-03-31 0001526113 us-gaap:MinimumMember gnl:AmendedAdvisoryAgreementMember gnl:AdvisorMember 2015-06-02 2015-06-02 0001526113 gnl:AmericanRealtyCapitalGlobalPropertiesLlcMember gnl:GrossRevenueManagedPropertiesMember us-gaap:MaximumMember gnl:PropertyManagerMember 2017-03-31 0001526113 gnl:AdvisorMember gnl:ChiefExecutiveOfficerandPresidentMember 2017-01-01 2017-03-31 0001526113 gnl:GrossRevenueManagedPropertiesMember gnl:StandAloneSingleTenantNetLeasedMember gnl:UnaffiliatedThirdPartyPropertyManagementServicesMember us-gaap:EuropeMember 2017-01-01 2017-03-31 0001526113 gnl:PropertyManagementAndLeasingFeesMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2017-03-31 0001526113 gnl:GrossRevenueManagedPropertiesMember gnl:AllOtherPropertyTypesOtherThanStandAloneSingleTenantNetLeasedAndNotPartOfShoppingCenterMember gnl:UnaffiliatedThirdPartyPropertyManagementServicesMember us-gaap:EuropeMember 2017-01-01 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:PropertyManagementAndLeasingFeesMember gnl:ForgivenMember 2017-01-01 2017-03-31 0001526113 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember gnl:AdvisorMember 2016-03-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:AmountAvailableOrOutstandingUnderFinancingArrangementMember gnl:AdvisorMember 2015-06-02 0001526113 gnl:OpUnitsMember gnl:ContributionandExchangeAgreementMember gnl:AdvisorMember 2015-06-02 2015-06-02 0001526113 us-gaap:GeneralAndAdministrativeExpenseMember gnl:TransferAssetandPersonnelServicesMember us-gaap:AffiliatedEntityMember 2017-01-01 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:PropertyManagementAndLeasingFeesMember gnl:ForgivenMember 2016-01-01 2016-03-31 0001526113 us-gaap:MaximumMember gnl:AmendedAdvisoryAgreementMember gnl:AdvisorMember 2015-06-02 0001526113 us-gaap:LimitedPartnerMember 2017-03-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:GreaterOfMember gnl:AverageInvestedAssetsMember us-gaap:MaximumMember gnl:AdvisorMember 2017-03-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:AdvanceOnLoanOrOtherInvestmentMember gnl:AdvisorMember 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember 2017-03-31 0001526113 gnl:PropertyManagementAndLeasingFeesMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2016-12-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:GreaterOfMember gnl:NetIncomeExcludingAdditionsToNonCashReservesAndGainsOnSalesOfAssetsMember us-gaap:MaximumMember gnl:AdvisorMember 2017-03-31 0001526113 gnl:OpUnitsMember 2016-01-01 2016-03-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:AdvisorMember 2017-03-31 0001526113 gnl:ThirdPartyProfessionalFeesAndOfferingCostsMember 2017-03-31 0001526113 gnl:ClassBUnitsMember gnl:AdvisorandServiceProviderMember 2015-06-02 2015-06-02 0001526113 us-gaap:MinimumMember gnl:AmendedAdvisoryAgreementMember gnl:AdvisorMember 2015-06-02 0001526113 gnl:AdvisorMember 2017-03-31 0001526113 us-gaap:MaximumMember gnl:AmendedAdvisoryAgreementMember gnl:AdvisorMember 2015-06-02 2015-06-02 0001526113 gnl:GrossRevenueManagedPropertiesMember gnl:SingeTenantNetLeaseNotPartOfShoppingCenterMember gnl:UnaffiliatedThirdPartyPropertyManagementServicesMember us-gaap:EuropeMember 2017-01-01 2017-03-31 0001526113 gnl:MultiYearOutperformancePlanMember 2017-01-01 2017-03-31 0001526113 gnl:AmericanRealtyCapitalGlobalAdvisorsLlcMember gnl:AdvisorMember 2016-12-31 0001526113 gnl:OpUnitsMember gnl:AdvisorandServiceProviderMember 2015-06-02 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember 2016-01-01 2016-03-31 0001526113 gnl:ARGlobalLLCMember gnl:AdvisorMember 2017-01-01 2017-03-31 0001526113 gnl:TransferAssetandPersonnelServicesMember 2016-01-01 2016-12-31 0001526113 gnl:TransferAssetandPersonnelServicesMember gnl:AdvisorAndDealerManagerMember 2016-01-01 2016-12-31 0001526113 gnl:VariableBaseManagementFeeMember gnl:AdvisorMember 2017-01-01 2017-03-31 0001526113 gnl:TransferAssetandPersonnelServicesMember us-gaap:AffiliatedEntityMember 2016-01-01 2016-12-31 0001526113 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember gnl:AdvisorMember 2017-03-31 0001526113 gnl:ThirdPartyProfessionalFeesAndOfferingCostsMember 2016-12-31 0001526113 gnl:AmericanRealtyCapitalGlobalPropertiesLlcMember gnl:StandAloneSingleTenantNetLeasedMember gnl:GrossRevenueManagedPropertiesMember us-gaap:MaximumMember gnl:PropertyManagerMember 2017-03-31 0001526113 gnl:ClassBUnitsMember 2015-06-02 2015-06-02 0001526113 gnl:NonrecurringFeesMember gnl:RelatedPartyNotesReceivableAcquiredinMergerMember gnl:PayableMember 2016-12-31 0001526113 gnl:IncurredMember 2017-01-01 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FeesonGainFromSaleofInvestmentsMember gnl:ForgivenMember 2017-01-01 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:PropertyManagementAndLeasingFeesMember gnl:PayableMember 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:RelatedPartyNotesReceivableAcquiredinMergerMember gnl:ForgivenMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:RelatedPartyNotesReceivableAcquiredinMergerMember gnl:PayableMember 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:PropertyManagementAndLeasingFeesMember gnl:PayableMember 2016-12-31 0001526113 gnl:PayableMember 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:AssetManagementFeesMember gnl:PayableMember 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FeesonGainFromSaleofInvestmentsMember gnl:PayableMember 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:AssetManagementFeesMember gnl:PayableMember 2016-12-31 0001526113 gnl:NonrecurringFeesMember gnl:FeesonGainFromSaleofInvestmentsMember gnl:PayableMember 2016-12-31 0001526113 gnl:ForgivenMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FinancingCoordinationFeesMember gnl:PayableMember 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FinancingCoordinationFeesMember gnl:ForgivenMember 2016-01-01 2016-03-31 0001526113 gnl:RecurringFeesMember gnl:PropertyManagementAndLeasingFeesMember gnl:IncurredMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FinancingCoordinationFeesMember gnl:PayableMember 2016-12-31 0001526113 gnl:RecurringFeesMember gnl:AssetManagementFeesMember gnl:ForgivenMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FeesonGainFromSaleofInvestmentsMember gnl:IncurredMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:RelatedPartyNotesReceivableAcquiredinMergerMember gnl:IncurredMember 2017-01-01 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FinancingCoordinationFeesMember gnl:ForgivenMember 2017-01-01 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:PropertyManagementAndLeasingFeesMember gnl:IncurredMember 2017-01-01 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:AssetManagementFeesMember gnl:ForgivenMember 2017-01-01 2017-03-31 0001526113 gnl:ForgivenMember 2017-01-01 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:RelatedPartyNotesReceivableAcquiredinMergerMember gnl:ForgivenMember 2017-01-01 2017-03-31 0001526113 gnl:PayableMember 2016-12-31 0001526113 gnl:NonrecurringFeesMember gnl:FinancingCoordinationFeesMember gnl:IncurredMember 2016-01-01 2016-03-31 0001526113 gnl:RecurringFeesMember gnl:AssetManagementFeesMember gnl:IncurredMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FeesonGainFromSaleofInvestmentsMember gnl:IncurredMember 2017-01-01 2017-03-31 0001526113 gnl:RecurringFeesMember gnl:AssetManagementFeesMember gnl:IncurredMember 2017-01-01 2017-03-31 0001526113 gnl:NonrecurringFeesMember gnl:RelatedPartyNotesReceivableAcquiredinMergerMember gnl:IncurredMember 2016-01-01 2016-03-31 0001526113 gnl:NonrecurringFeesMember gnl:FinancingCoordinationFeesMember gnl:IncurredMember 2017-01-01 2017-03-31 0001526113 gnl:IncurredMember 2016-01-01 2016-03-31 0001526113 gnl:MultiYearOutperformancePlanMember 2016-12-31 0001526113 us-gaap:LimitedPartnerMember 2016-12-31 0001526113 gnl:AdvisorMember 2016-03-31 0001526113 gnl:MultiYearOutperformancePlanMember 2016-02-25 2016-02-25 0001526113 us-gaap:RestrictedStockUnitsRSUMember gnl:IncentiveRestrictedSharePlanMember gnl:IndependentDirectorsMember 2015-07-13 2015-07-13 0001526113 us-gaap:DirectorMember 2017-01-01 2017-03-31 0001526113 us-gaap:RestrictedStockUnitsRSUMember us-gaap:DirectorMember 2015-06-02 2015-06-02 0001526113 us-gaap:RestrictedStockMember gnl:DirectorStockPlanMember 2015-06-02 2015-06-02 0001526113 us-gaap:RestrictedStockMember gnl:IncentiveRestrictedSharePlanMember 2015-04-08 2015-04-08 0001526113 us-gaap:RestrictedStockMember gnl:IncentiveRestrictedSharePlanMember 2016-01-01 2016-03-31 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:DirectorsServingonCommitteesMember 2015-06-02 0001526113 gnl:IncentiveRestrictedSharePlanMember 2015-06-02 0001526113 us-gaap:RestrictedStockMember gnl:IncentiveRestrictedSharePlanMember 2015-04-07 0001526113 us-gaap:RestrictedStockMember gnl:IncentiveRestrictedSharePlanMember 2015-04-07 2015-04-07 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:ShareBasedCompensationAwardTrancheThreeMember 2015-06-02 2015-06-02 0001526113 us-gaap:RestrictedStockMember gnl:RestrictedSharePlanMember 2017-03-31 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:NonExecutiveChairMember 2016-08-18 0001526113 us-gaap:RestrictedStockUnitsRSUMember gnl:IncentiveRestrictedSharePlanMember gnl:NonExecutiveChairMember 2016-08-18 2016-08-18 0001526113 us-gaap:RestrictedStockUnitsRSUMember gnl:IncentiveRestrictedSharePlanMember gnl:IndependentDirectorsMember 2016-08-18 2016-08-18 0001526113 gnl:IncentiveRestrictedSharePlanMember 2015-04-08 2015-04-08 0001526113 us-gaap:RestrictedStockMember gnl:RestrictedSharePlanMember 2017-01-01 2017-03-31 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2015-06-02 2015-06-02 0001526113 us-gaap:RestrictedStockUnitsRSUMember gnl:IncentiveRestrictedSharePlanMember gnl:NonExecutiveChairMember 2015-07-13 2015-07-13 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:IndependentDirectorsMember 2016-08-18 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:NonExecutiveChairMember 2015-06-02 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:IndependentDirectorsMember 2015-07-13 0001526113 us-gaap:RestrictedStockUnitsRSUMember gnl:IncentiveRestrictedSharePlanMember 2015-06-02 2015-06-02 0001526113 us-gaap:EmployeeStockOptionMember gnl:StockOptionPlanMember 2017-03-31 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2015-06-02 2015-06-02 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:NonExecutiveChairMember 2015-07-13 0001526113 gnl:IncentiveRestrictedSharePlanMember gnl:IndependentDirectorsMember 2015-06-02 0001526113 us-gaap:RestrictedStockMember 2017-01-01 2017-03-31 0001526113 us-gaap:RestrictedStockMember 2017-03-31 0001526113 us-gaap:RestrictedStockMember 2016-12-31 0001526113 us-gaap:EmployeeStockOptionMember gnl:StockOptionPlanMember 2017-01-01 2017-03-31 0001526113 us-gaap:EmployeeStockOptionMember gnl:StockOptionPlanMember 2016-01-01 2016-12-31 0001526113 us-gaap:EmployeeStockOptionMember gnl:StockOptionPlanMember 2016-12-31 0001526113 us-gaap:DirectorMember 2016-01-01 2016-03-31 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:MinimumMember us-gaap:ShareBasedCompensationAwardTrancheThreeMember 2015-06-02 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:MaximumMember us-gaap:ShareBasedCompensationAwardTrancheThreeMember 2015-06-02 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:MaximumMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2015-06-02 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:MaximumMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2015-06-02 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:MinimumMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2015-06-02 2015-06-02 0001526113 gnl:MultiYearOutperformancePlanMember us-gaap:MinimumMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2015-06-02 2015-06-02 0001526113 gnl:OriginalOPUnitsMember gnl:AdvisorMember 2016-03-31 2016-03-31 0001526113 gnl:ClassBUnitsMember gnl:AdvisorMember 2016-03-31 2016-03-31 0001526113 gnl:OPUnitsIssuedatListingMember gnl:AdvisorMember 2016-03-31 2016-03-31 0001526113 us-gaap:RestrictedStockMember 2016-01-01 2016-03-31 0001526113 us-gaap:RestrictedStockMember 2017-01-01 2017-03-31 0001526113 gnl:OpUnitsMember 2016-01-01 2016-03-31 0001526113 gnl:LongTermIncentivePlanUnitsMember 2016-01-01 2016-03-31 0001526113 gnl:LongTermIncentivePlanUnitsMember 2017-01-01 2017-03-31 xbrli:shares gnl:installment iso4217:USD gnl:derivative iso4217:EUR iso4217:GBP utreg:sqft xbrli:pure iso4217:USD xbrli:shares gnl:property iso4217:USD iso4217:GBP iso4217:GBP iso4217:USD iso4217:USD iso4217:EUR gnl:company iso4217:EUR iso4217:USD false --12-31 Q1 2017 2017-03-31 10-Q 0001526113 66451066 Large Accelerated Filer Global Net Lease, Inc. -6000 6000 -6000 10666 76000 214000 562000 1016000 622000 826000 30290000 -1334000 47000 4003000 30290000 22131000 5443000 0 27574000 9600000 201885000 -26000 21808000 3911000 2000 1463000 5138000 112866000 10282000 8516000 -2724000 574329000 7575000 279032000 1661000 0.1775 2.27 2.27 2.27 2.27 P1Y 0.015 -20000 -13000 0.186 0.114 0.218 -98000 -882000 -143000 -929000 740000000 0.5 P1Y P30D 0.15 0.06 0 0 22 1 1 1 4 2 1 1 1 1 1 3 1 1 1 1 1 43 7 1 1 1 1 5 2 1 1 1 3 3 1 1 1 3 1 1 2 1 1 1 1 1 1 23 1 18 1 1 1 1 88 2 0 0 0 1 39129000 1280000 805696000 226038000 81481 81481 0.505 0.495 1 P9Y6M18D 1500000000 0.0075 0.01 0.01 0.005 0.5 0.5 0.03 0.01 2.37 3.08 0.15 0.1 15000000000.0 5000000000.0 5000000000.0 0.0125 10000000000.0 15000000000.0 0.0125 0.003 0.0095 18000000 0.0125 0.02 0.25 0.04 0.02 0.01 0.90 0.10 1 0.02 P30D P0Y0M180D 8 P8M 22115 200000000.0 100000 100000 30000 100000 105000 100000 100000 0.5 0.5 0.04 0.04 0.04 0.07 0.21 0.14 1000 0.2 0 0 0 0.06 0.18 0.12 0.06 0.18 0.12 0 0 0 0 0 0 0.04 0.04 0.04 0.05 0.1 31.5 31.5 8900000 -1809000 -1792000 37957000 10100000 431213000 30604000 28424000 127570000 6250000 60626000 474161000 43457000 18058000 3375000 905374000 257738000 108683000 38542000 10100000 437849000 19752000 25996000 129534000 5000000 61346000 479790000 0 17054000 2700000 917639000 200036000 109988000 22861000 22581000 0 0 -16695000 -13388000 1708541000 1708870000 16000 335000 -319000 335000 100000 1000000 300000 -300000 0 -121000 17000 136000 2425000 880000 11150000 12834000 575438 603219 27776 487252 575438 115967 575438 27776 5 3679813 3013933 603219 62661 3246203 3013933 181841 50429 22200000 4817000 5730000 2891467000 2897636000 -129000 696000 220900000 220868000 220900000 220868000 622280000 390542000 18983000 1317000 7212000 6001000 368000 9763000 70921000 420395000 107047000 220868000 69938000 45787000 69831000 72354000 -23812000 1493000 0.01 0.01 0.01 0.01 300000000 300000000 57400000 66258559 66269225 66258559 66269225 198800000 66300000 1990000 1990000 -1744000 10736000 -18000 28000 -1762000 10764000 421378 115967 305411 181841 1703000 1702000 1000 1702000 0.005 0.022 0.016 0.012 0.006 0.01 0.02 0.02 342686000 8732000 37873000 9994000 29878000 11046000 4208000 46290000 27879000 4734000 6102000 65753000 5534000 11152000 37768000 30483000 5260000 276395000 3858000 19376000 9330000 6788000 23757000 12513000 2930000 4936000 2263000 48501000 30581000 6652000 11461000 34648000 5831000 3949000 938000 6960000 6479000 15735000 4721000 7405000 2345000 2036000 2402000 135906000 33550000 21599000 6165000 52800000 4110000 17682000 754987000 347959000 8866000 38456000 10148000 30338000 11216000 4273000 47002000 28308000 4807000 6196000 66765000 5619000 11323000 38349000 30952000 5341000 279678000 3904000 19606000 9441000 6868000 24039000 12662000 2964000 4995000 2290000 49077000 30945000 6731000 11597000 35059000 5900000 3996000 949000 7043000 6556000 15922000 4777000 7493000 2373000 2060000 2431000 135699000 33550000 21474000 6165000 52800000 4110000 17600000 763336000 136700000 128000000 150000000.0 55383000 55400000 752484000 616614000 747870000 616614000 0 0 760936000 698203000 756389000 698203000 1500000 0.017 0.014 0.015 0.022 0.013 0.010 0.017 0.017 0.024 0.017 0.016 0.018 0.026 0.017 0.024 0.019 0.035 0.038 0.035 0.032 0.042 0.034 0.034 0.040 0.035 0.026 0.032 0.035 0.034 0.034 0.035 0.035 0.041 0.029 0.044 0.041 0.035 0.041 0.043 0.042 0.037 0.029 0.063 0.045 0.028 0.045 0.053 0.028 0.0825 P364D 17000 2503000 -2500000 2400000 -2400000 0 5103000 5103000 4726000 4726000 1092000 626000 300000 18429000 20476000 1586000 1591000 15065000 15670000 12606000 14280000 23756000 27114000 0 0 0 523000 0 523000 0 302000 0 302000 13243000 10784000 0 0 0 0 13243000 10784000 28700000 24292000 15457000 13508000 19000000 P12M 5800000 -1259000 -1472000 -30000 36000 -9566000 -1983000 500000 15457000 13508000 0 15400000 -98000 -882000 -195000 -185000 5647000 7236000 35288000 35288000 35288000 34000 0 29000 0 300000 100000 16000 5200000 16000 3200000 5138000 3211000 6300000 5100000 0 2162000 2200000 1348000 1300000 300000 0.11 0.11 -339000 1030000 P2Y10M17D 1000000 10900000 0.280 -2500000 13400000 10900000 587061000 594319000 0 0 21179000 6998000 0 0 21179000 6998000 0 0 18061000 5929000 0 0 18061000 5929000 0 15457000 0 15457000 0 13508000 0 13508000 365400000 114300000 390400000 142700000 63000000 78600000 552800000 497900000 1.07 1.25 1.14 1.58 -30000 36000 -349000 -300000 -500000 -470000 -100000 -900000 0 957000 0 400000 957000 600000 1704000 1770000 30459000 34206000 7108000 8356000 500000 1200000 900000 300000 550000 906000 2038000 2473000 964000 -522000 -1488000 -1567000 -1890000 2047000 2363000 2416000 13931000 13408000 10569000 11531000 8251000 10426000 3003000 831000 972000 2108000 392000 16868000 477000 3918000 131000 2328000 479000 886000 1729000 246000 15254000 0 3314000 56000 4262000 2600000 8595000 3554000 2149000 7805000 7986000 5257000 7109000 3675000 1967930000 1989383000 1535486000 1566418000 2891467000 2897636000 616614000 616600000 698203000 331400000 221300000 177200000 310200000 698200000 68500000 110500000 126000000 92100000 276600000 221300000 177200000 258900000 50000000 113000000 33100000 0.0025 0.0015 55383000 55400000 55400000 52700000 0 698200000 107000000 42064000 305276000 265214000 128121000 22661000 0.026 8203000 7663000 255000 255000 -51828000 -12997000 -114000 -18238000 28130000 32728000 6488000 7429000 70000 21000 6488000 7429000 6293000 7244000 -11007000 -11919000 0 3 3 1 3 20 5 5 1 3 21 5 62 5 3 1 2 18 5 4 1 0 16 4 49 5 14 21 35 14 21 35 312 3 2 10 33041000 30901000 36839000 42562000 18115000 20275000 46489000 1280000 1280000 1280000 1280000 2143360000 235617000 237695000 234884000 232008000 171422000 960000 300000 51511000 58492000 300000 400000 -120000 6000 32000 1000 -8386000 2930000 -11316000 1611000 1605000 6000 1605000 66000 -2930000 2996000 1703000 -8320000 0 -8320000 3314000 9000 7000 30020000 35293000 857000 500000 255000 200000 -87000 102000 0 114000 388000 0 30290000 0.01 0.01 50000000 50000000 0 0 0 0 0 0 17577000 19579000 10100000 7000 0 68500000 110500000 0 75335000 800000 1900000 135000 1713000 -991000 2348000 0 13000000 12440000 6558000 7450000 21000 7429000 7429000 0.005 0.035 0.0175 0.0025 0 414000 376704000 382010000 216055000 242508000 2931695000 2965712000 2715640000 2723204000 -923000 -16000 5138000 -447000 -252000 100000 3500000 -323000 0 3211000 -217000 -304000 100000 2367000 0 0 0 0 0 0 4500000 596000 913000 596000 5413000 0 500000 300000 200000 0 0 0 0 0 0 0 5190000 557000 1097000 557000 6287000 300000 200000 36000 700000 0 56537000 20000000 0 56500000 52700000 189000 206000 7497000 5149000 -346058000 -373917000 54954000 62837000 749884000 755000000 749884000 758610000 763300000 758610000 14500000 1044000 16000 P5Y P5Y P5Y P5Y P5Y P3Y P1Y P3Y P2Y P3Y P3Y P3Y P3Y P30D 13333 2450 1979 2880 2327 25.56 25.07 24.96 10666 25.56 61095 50429 500000.0 500000.0 2500000 0.1 0.05 3013933 0 0 30 23.1 0 0 13400000 13400000 0 0 10900000 10900000 66258559 66269225 400000 0 0 1044000 16000 4000000 4000000 125000000 1347778000 1323555000 1355981000 -16695000 1708541000 1990000 8203000 1347778000 -346058000 1331218000 -13388000 1708870000 1990000 7663000 1323555000 -373917000 0.3333 0.3333 0.3333 2801000 3878000 9059000 7492000 3443000 4345000 56312211 66271008 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Economic Dependency</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under various agreements, the Company has engaged or will engage the Advisor, its affiliates and entities under common control with the Advisor, and the Service Provider, to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, the sale of shares of the Company's Common Stock available for issue, transfer agency services, as well as other administrative responsibilities for the Company including accounting services and investor relations.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of these relationships, the Company is dependent upon the Advisor and its affiliates and the Service Provider. In the event that these companies are unable to provide the Company with the respective services, the Company will be required to find alternative providers of these services.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Credit Borrowings</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Credit Facility</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On July 25, 2013, the Company, through the OP, entered into a credit facility (the "Credit Facility") that provided for aggregate revolving loan borrowings of up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$50.0 million</font><font style="font-family:inherit;font-size:10pt;"> (subject to borrowing base availability). The Credit Facility has been amended at various times, and maximum borrowings have increased to </font><font style="font-family:inherit;font-size:10pt;">$740.0 million</font><font style="font-family:inherit;font-size:10pt;">, with the most recent increase being on August 24, 2015. The Company had </font><font style="font-family:inherit;font-size:10pt;">$698.2 million</font><font style="font-family:inherit;font-size:10pt;"> (including </font><font style="font-family:inherit;font-size:10pt;">&#163;177.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">&#8364;310.2 million</font><font style="font-family:inherit;font-size:10pt;">) and </font><font style="font-family:inherit;font-size:10pt;">$616.6 million</font><font style="font-family:inherit;font-size:10pt;"> (including </font><font style="font-family:inherit;font-size:10pt;">&#163;177.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">&#8364;258.9 million</font><font style="font-family:inherit;font-size:10pt;">) outstanding under the Credit Facility as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Availability of borrowings is based on a pool of eligible unencumbered real estate assets. On </font><font style="font-family:inherit;font-size:10pt;">July&#160;25, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company extended the maturity date of the Credit Facility to </font><font style="font-family:inherit;font-size:10pt;">July&#160;25, 2017</font><font style="font-family:inherit;font-size:10pt;">, for an extension fee of </font><font style="font-family:inherit;font-size:10pt;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;">. There is an additional </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">-year extension option remaining, subject to certain conditions.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has the option, based upon its consolidated leverage ratio, to have draws under the Credit Facility priced at either the Alternate Base Rate (as described below) plus </font><font style="font-family:inherit;font-size:10pt;">0.60%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">1.20%</font><font style="font-family:inherit;font-size:10pt;"> or at Adjusted LIBOR (as described below) plus </font><font style="font-family:inherit;font-size:10pt;">1.60%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">2.20%</font><font style="font-family:inherit;font-size:10pt;">. The Alternate Base Rate is defined in the Credit Facility as a rate per annum equal to the greatest of (a) the fluctuating annual rate of interest announced from time to time by the lender as its &#8220;prime rate&#8221; in effect on such day, (b) the federal funds effective rate in effect on such day plus </font><font style="font-family:inherit;font-size:10pt;">half</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">1%</font><font style="font-family:inherit;font-size:10pt;"> and (c) the Adjusted LIBOR for a one-month interest period on such day plus </font><font style="font-family:inherit;font-size:10pt;">1%</font><font style="font-family:inherit;font-size:10pt;">. Adjusted LIBOR refers to LIBOR multiplied by the statutory reserve rate, as determined by the Federal Reserve System of the United States. The Credit Facility agreement requires the Company to pay an unused fee per annum of </font><font style="font-family:inherit;font-size:10pt;">0.25%</font><font style="font-family:inherit;font-size:10pt;"> if the unused balance of the Credit Facility exceeds or is equal to </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> of the available facility or a fee per annum of </font><font style="font-family:inherit;font-size:10pt;">0.15%</font><font style="font-family:inherit;font-size:10pt;"> if the unused balance of the Credit Facility is less than </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> of the available facility. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Credit Facility reflected variable and fixed rate borrowings with a carrying value and fair value of </font><font style="font-family:inherit;font-size:10pt;">$698.2 million</font><font style="font-family:inherit;font-size:10pt;">, and a weighted average effective interest rate of </font><font style="font-family:inherit;font-size:10pt;">2.6%</font><font style="font-family:inherit;font-size:10pt;"> after giving effect to interest rate swaps in place. The unused borrowing capacity under the Credit Facility as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$33.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$113.0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Credit Facility agreement provides for quarterly interest payments for each Alternate Base Rate loan and periodic payments for each Adjusted LIBOR loan, based upon the applicable LIBOR loan period, with all principal outstanding being due on the extended maturity date in July 2017. The Credit Facility agreement may be prepaid at any time, in whole or in part, without premium or penalty, subject to prior notice to the lender. In the event of a default, the lender has the right to terminate its obligations under the Credit Facility agreement and to accelerate the payment on any unpaid principal amount of all outstanding loans. The Credit Facility requires the Company to meet certain financial covenants, including the maintenance of certain financial ratios (such as specified debt to equity and debt service coverage ratios) as well as the maintenance of a minimum net worth. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company was in compliance with the financial covenants under the Credit Facility.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A portion of foreign currency draws under the Credit Facility are designated as net investment hedges of the Company's investments during the periods reflected in the consolidated statements of operations (see </font><a style="font-family:inherit;font-size:10pt;" href="#s744420D8E6EE501391742A3269E7FDD6"><font style="font-family:inherit;font-size:10pt;">Note 8</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; Derivatives and Hedging Activities for further discussion).</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bridge Loan Facility </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August 8, 2016, in connection with the execution of the Merger Agreement, the OP entered into a bridge loan commitment letter (the "Bridge Commitment"), pursuant to which UBS Securities LLC and UBS AG, Stamford Branch agreed to provide a </font><font style="font-family:inherit;font-size:10pt;">$150.0 million</font><font style="font-family:inherit;font-size:10pt;"> senior secured bridge loan facility for a term of </font><font style="font-family:inherit;font-size:10pt;">364</font><font style="font-family:inherit;font-size:10pt;"> days from the date of the merger transaction. The Bridge Commitment required a </font><font style="font-family:inherit;font-size:10pt;">1.50%</font><font style="font-family:inherit;font-size:10pt;"> fee of the commitment amount upon execution. Upon closing of the Merger, the Company did not exercise its rights under the Bridge Commitment and as a result thereof, the Bridge Commitment was automatically terminated at the Merger.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Mezzanine Facility</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the Merger, the Company assumed a mezzanine loan agreement (the "Mezzanine Facility") with an estimated aggregate fair value of </font><font style="font-family:inherit;font-size:10pt;">$107.0 million</font><font style="font-family:inherit;font-size:10pt;">. The Mezzanine Facility, which provided for aggregate borrowings up to </font><font style="font-family:inherit;font-size:10pt;">&#8364;128.0 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$136.7 million</font><font style="font-family:inherit;font-size:10pt;"> based upon an exchange rate as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">) subject to certain conditions. The Mezzanine Facility bore interest at </font><font style="font-family:inherit;font-size:10pt;">8.25%</font><font style="font-family:inherit;font-size:10pt;"> per annum, payable quarterly, and was scheduled to mature on </font><font style="font-family:inherit;font-size:10pt;">August&#160;13, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March&#160;30, 2017, the Company terminated the Mezzanine Facility agreement and repaid in full the outstanding balance of </font><font style="font-family:inherit;font-size:10pt;">$56.5 million</font><font style="font-family:inherit;font-size:10pt;"> (or </font><font style="font-family:inherit;font-size:10pt;">&#8364;52.7 million</font><font style="font-family:inherit;font-size:10pt;">). The outstanding balance of the Mezzanine Facility was </font><font style="font-family:inherit;font-size:10pt;">$55.4 million</font><font style="font-family:inherit;font-size:10pt;"> (or </font><font style="font-family:inherit;font-size:10pt;">&#8364;52.7 million</font><font style="font-family:inherit;font-size:10pt;">) as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. The Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> unused borrowing capacity under the Mezzanine Facility as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Unencumbered Assets</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The total gross carrying value of unencumbered assets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$1.5 billion</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects related party fees incurred, forgiven and contractually due as of and for the periods presented:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="26" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended March 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(Receivable) Payable as of</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Incurred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Forgiven</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Incurred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Forgiven</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">One-time fees and reimbursements:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Related party notes receivable acquired in Merger</font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">&#160;(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(3,211</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(5,138</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fees on gain from sale of investments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">923</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Financing coordination fees </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">16</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Ongoing fees:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Asset management fees </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,190</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,500</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">217</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">447</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Property management and leasing fees </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1,097</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">557</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">913</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">596</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">304</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5) (8)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">252</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5) (8)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total related party operational fees and reimbursements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,287</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">557</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,413</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">596</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(2,367</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(6)</sup>&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(3,500</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(7)</sup>&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">___________________________________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Balance included within related party notes receivable acquired in the Merger on the consolidated balance sheets as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">. In addition, the </font><font style="font-family:inherit;font-size:8pt;">$16,000</font><font style="font-family:inherit;font-size:8pt;"> due from related parties as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;"> relating to RCS Advisory (as defined below) is not included in the table above.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">These related party fees are recorded as deferred financing costs and amortized over the term of the respective financing arrangement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Advisor, in accordance with the Advisory Agreement, received asset management fees in cash equal to one quarter of the the annual Minimum Base Management Fee for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">2016</font><font style="font-family:inherit;font-size:8pt;">, and, the Variable Base Management Fee of </font><font style="font-family:inherit;font-size:8pt;">$0.7 million</font><font style="font-family:inherit;font-size:8pt;"> for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">. There were </font><font style="font-family:inherit;font-size:8pt;">no</font><font style="font-family:inherit;font-size:8pt;"> Variable Base Management Fee for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">. </font><font style="font-family:inherit;font-size:8pt;">No</font><font style="font-family:inherit;font-size:8pt;"> Incentive Compensation was earned for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">2016</font><font style="font-family:inherit;font-size:8pt;">. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Advisor waived </font><font style="font-family:inherit;font-size:8pt;">100%</font><font style="font-family:inherit;font-size:8pt;"> of fees from U.S. assets and its allocated portion of fees from European assets. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Balance included within due to related parties on the consolidated balance sheets as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(6)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In addition, as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">, due to related parties include </font><font style="font-family:inherit;font-size:8pt;">$0.3 million</font><font style="font-family:inherit;font-size:8pt;"> of costs accrued for Global II Advisor and transfer agent fees which were assumed through the Merger, </font><font style="font-family:inherit;font-size:8pt;">$36,000</font><font style="font-family:inherit;font-size:8pt;"> of costs accrued for transfer agent fees and </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;"> of costs relating to RCS Advisory (as defined below), which are recorded within general and administrative expenses on the consolidated statements of operations for the </font><font style="font-family:inherit;font-size:8pt;">three</font><font style="font-family:inherit;font-size:8pt;"> months ended </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and are not reflected in the table above.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(7)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In addition, as of </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;"> due to related parties includes </font><font style="font-family:inherit;font-size:8pt;">$0.5 million</font><font style="font-family:inherit;font-size:8pt;"> of accruals, of which </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;"> of costs accrued for transfer agent and personnel services received from the Company's related parties including ANST and </font><font style="font-family:inherit;font-size:8pt;">$0.3 million</font><font style="font-family:inherit;font-size:8pt;"> to Advisor and RCS.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Advisor will be eligible to earn a number of LTIP Units with a value equal to a portion of the OPP Cap upon the first, second and third anniversaries of the Effective Date, which is the Listing Date, </font><font style="font-family:inherit;font-size:10pt;">June&#160;2, 2015</font><font style="font-family:inherit;font-size:10pt;">, based on the Company&#8217;s achievement of certain levels of total return to its stockholders (&#8220;Total Return&#8221;), including both share price appreciation and Common Stock dividends, as measured against a peer group of companies, as set forth below, for the three-year performance period commencing on the Effective Date (the &#8220;</font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period&#8221;); each </font><font style="font-family:inherit;font-size:10pt;">12-month</font><font style="font-family:inherit;font-size:10pt;"> period during the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period (the &#8220;</font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;">-Year Periods&#8221;); and the initial </font><font style="font-family:inherit;font-size:10pt;">24-month</font><font style="font-family:inherit;font-size:10pt;"> period of the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period (the &#8220;</font><font style="font-family:inherit;font-size:10pt;">Two</font><font style="font-family:inherit;font-size:10pt;">-Year Period&#8221;), as follows:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:0%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Performance Period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Annual Period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interim Period</font></div></td></tr><tr><td colspan="3" style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Absolute Component: 4% of any excess Total Return attained above an absolute hurdle measured from the beginning of such period:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14%</font></div></td></tr><tr><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Relative Component: 4% of any excess Total Return attained above the Total Return for the performance period of the Peer Group*, subject to a ratable sliding scale factor as follows based on achievement of cumulative Total Return measured from the beginning of such period:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100% will be earned if cumulative Total Return achieved is at least:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50% will be earned if cumulative Total Return achieved is:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% will be earned if cumulative Total Return achieved is less than:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">a percentage from 50% to 100% calculated by linear interpolation will be earned if the cumulative Total Return achieved is between:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% - 18%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% - 6%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% - 12%</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">_______________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">*</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The &#8220;Peer Group&#8221; is comprised of Gramercy Property Trust Inc., Lexington Realty Trust, Select Income REIT, and W.P. Carey Inc.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements of the Company included herein were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to this Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished includes all adjustments and accruals of a normal recurring nature, which, in the opinion of management, are necessary for a fair statement of results for the interim periods. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results for the entire year or any subsequent interim period. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, which are included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;">. There have been no significant changes to the Company's significant accounting policies during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, other than the updates described below and the subsequent notes.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Treatment of the Mergers</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Mergers are accounted for under the acquisition method for business combinations pursuant to GAAP, with the Company as the accounting acquirer of Global II. The consideration to be transferred by the Company to acquire Global II establishes a new accounting basis for the assets acquired, liabilities assumed and any non-controlling interests, measured at their respective fair value as of the Merger Date. To the extent fair value of the Merger Consideration exceeds fair value of net assets acquired, any such excess represents goodwill. Alternatively, if fair value of net assets acquired exceeds fair value of the Merger Consideration, the transaction could result in a bargain purchase gain that is recognized immediately in earnings and attributable to the Company's common stockholders. Adjustments to estimated fair value of identifiable assets and liabilities of Global II, as well as adjustments to the Merger Consideration may change the determination and amount of goodwill and/or bargain purchase gain and may impact depreciation, amortization and accretion based on revised fair value of assets acquired and liabilities assumed. The actual value of the Merger Consideration is based upon the market price of the Company's Common Stock at the time of closing of the Merger.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments and Contingencies</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Operating Ground Leases </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain properties acquired are subject to ground leases, which are accounted for as operating leases. The ground leases have varying ending dates, renewal options, and rental rate escalations, with the latest leases extending to April 2105. Future minimum rental payments to be made by the Company under these noncancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows: </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future Ground </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lease Payments</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 (remainder)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">960</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,129</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,489</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company incurred rent expense on ground leases of </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Litigation and Regulatory Matters</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the ordinary course of business, the Company may become subject to litigation, claims and regulatory matters. There are no material legal or regulatory proceedings pending or known to be contemplated against the Company.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Environmental Matters</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the ownership and operation of real estate, the Company may potentially be liable for costs and damages related to environmental matters. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had not been notified by any governmental authority of any non-compliance, liability or other claim, and is not aware of any other environmental condition that it believes will have a material adverse effect on the results of operations.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Principles of Consolidation</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements include the accounts of the Company, the OP and its subsidiaries. All inter-company accounts and transactions are eliminated in consolidation. In determining whether the Company has a controlling financial interest in a joint venture and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, authority to make decisions and contractual and substantive participating rights of the other partners or members as well as whether the entity is a variable interest entity ("VIE") for which the Company is the primary beneficiary. The Company has determined that the OP is a VIE of which the Company is the primary beneficiary. Substantially all of the Company's assets and liabilities are held by the OP.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivatives and Hedging Activities</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Risk Management Objective </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company may use derivative financial instruments, including interest rate swaps, caps, options, floors and other interest rate derivative contracts, to hedge all or a portion of the interest rate risk associated with its borrowings. Certain foreign investments expose the Company to fluctuations in foreign interest rates and exchange rates. These fluctuations may impact the value of the Company&#8217;s cash receipts and payments in terms of the Company&#8217;s functional currency. The Company enters into derivative financial instruments to protect the value or fix the amount of certain obligations in terms of its functional currency, the U.S. dollar ("USD").</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The principal objective of such arrangements is to minimize the risks and/or costs associated with the Company&#8217;s operating and financial structure as well as to hedge specific anticipated transactions. The Company does not intend to utilize derivatives for speculative or other purposes other than interest rate and currency risk management. The use of derivative financial instruments carries certain risks, including the risk that the counterparties to these contractual arrangements are not able to perform under the agreements. To mitigate this risk, the Company only enters into derivative financial instruments with counterparties with high credit ratings and with major financial institutions with which the Company and its related parties may also have other financial relationships. The Company does not anticipate that any such counterparties will fail to meet their obligations.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9.4pt;"><font style="font-family:inherit;font-size:9.4pt;">Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9.4pt;"><font style="font-family:inherit;font-size:9.4pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9.4pt;"><font style="font-family:inherit;font-size:9.4pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivatives designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR-USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">886</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">972</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,254</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,868</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,328</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,003</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative liabilities, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,805</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,595</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative liabilities, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,554</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,262</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,109</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,986</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivatives not designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (GBP-USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,314</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR-USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,729</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,108</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">56</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">131</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">392</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">477</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">479</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">831</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative liabilities, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,149</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,600</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,675</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,257</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the accompanying consolidated balance sheets.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="29" rowspan="1"></td></tr><tr><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts Not Offset on the Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts of Recognized Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts of Recognized (Liabilities)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts Offset on the Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net Amounts of Assets (Liabilities) presented on the Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Financial Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cash Collateral Received (Posted)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,292</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,508</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,784</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,784</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,700</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,457</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to the above derivative arrangements, the Company also uses non-derivative financial instruments to hedge its exposure to foreign currency exchange rate fluctuations as part of its risk management program, including foreign denominated debt issued and outstanding with third parties to protect the value of its net investments in foreign subsidiaries against exchange rate fluctuations. The Company draws foreign currency advances under its Credit Facility to fund certain investments in the respective local currency which creates a natural hedge against the original equity invested in the real estate investments, removing the need for the final cross currency swaps (See </font><a style="font-family:inherit;font-size:10pt;" href="#s18D8A1A7F9C25E3C9C612C326CAAD3C0"><font style="font-family:inherit;font-size:10pt;">Note 5</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; Credit Borrowings).&#160;As further discussed below, in conjunction with the restructuring of the cross currency swaps on </font><font style="font-family:inherit;font-size:10pt;">February&#160;4, 2015</font><font style="font-family:inherit;font-size:10pt;">, foreign currency advances of </font><font style="font-family:inherit;font-size:10pt;">&#8364;110.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">&#163;68.5 million</font><font style="font-family:inherit;font-size:10pt;"> were drawn under the Company&#8217;s Credit Facility. The Company separately designated each foreign currency draw as a net investment hedge under ASC 815. Effective May&#160;17, 2015, the Company modified the hedging relationship and designated all current and future foreign currency draws as net investment hedges. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Interest Rate Swaps</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s objectives in using interest rate swaps are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk: </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">479,790</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">474,161</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">437,849</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">431,213</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">917,639</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">905,374</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income (loss) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction impacts earnings. During </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, such derivatives were used to hedge the variable cash flows associated with variable-rate debt. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded </font><font style="font-family:inherit;font-size:10pt;">gains</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$36,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">losses</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$30,000</font><font style="font-family:inherit;font-size:10pt;"> of ineffectiveness in earnings, respectively.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on the Company's variable-rate debt. During the next </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;">, the Company estimates that an additional </font><font style="font-family:inherit;font-size:10pt;">$5.8 million</font><font style="font-family:inherit;font-size:10pt;"> will be reclassified from other comprehensive income (loss) as an increase to interest expense.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:74%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of loss recognized in accumulated other comprehensive income (loss)</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</font><font style="font-family:inherit;font-size:10pt;">from derivatives (effective portion)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,983</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,566</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of loss reclassified from accumulated other comprehensive income (loss) into income as interest expense (effective portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,472</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,259</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of gain (loss) recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(30</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Cross Currency Swaps Previously Designated as Net Investment Hedges</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is exposed to fluctuations in foreign exchange rates on property investments in foreign countries which pay rental income, incur property related expenses and hold debt instruments in currencies other than its functional currency, the USD. The Company uses foreign currency derivatives including cross currency swaps to hedge its exposure to changes in foreign exchange rates on certain of its foreign investments. Cross currency swaps involve fixing the applicable exchange rate for delivery of a specified amount of foreign currency on specified dates.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">February&#160;4, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company restructured its cross currency swaps and replaced its initial USD equity funding in certain foreign real estate investments with foreign currency debt.&#160;As part of the restructuring, foreign currency advances of </font><font style="font-family:inherit;font-size:10pt;">&#8364;110.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">&#163;68.5 million</font><font style="font-family:inherit;font-size:10pt;"> were drawn under the Company&#8217;s Credit Facility which created a natural hedge against the original equity invested in the real estate investments, thus removing the need for the final equity notional component of the cross currency swaps. The cross currency swaps had been designated as net investment hedges through the date of the restructure.&#160;For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in accumulated other comprehensive income (loss) (outside of earnings) as part of the cumulative translation adjustment. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of accumulated other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated. The restructuring and settlement of the cross currency swaps resulted in a gain of approximately </font><font style="font-family:inherit;font-size:10pt;">$19.0 million</font><font style="font-family:inherit;font-size:10pt;">, with </font><font style="font-family:inherit;font-size:10pt;">$10.1 million</font><font style="font-family:inherit;font-size:10pt;"> in proceeds received and </font><font style="font-family:inherit;font-size:10pt;">$8.9 million</font><font style="font-family:inherit;font-size:10pt;"> retained by the bank as a reduction of outstanding Credit Facility balance as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">. The gain will remain in the cumulative translation adjustment until such time as the net investments are sold or substantially liquidated in accordance with ASC 830. Following the restructuring noted above, these cross currency swaps no longer qualified for net investment hedge accounting treatment and as such, subsequent to February 5, 2015, all changes in fair value are recognized in earnings.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Foreign Denominated Debt Designated as Net Investment Hedges</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective </font><font style="font-family:inherit;font-size:10pt;">May&#160;17, 2015</font><font style="font-family:inherit;font-size:10pt;">, all foreign currency draws under the Credit Facility were designated as net investment hedges. As such, the effective portion of changes in value due to currency fluctuations are reported in accumulated other comprehensive income (loss) (outside of earnings) as part of the cumulative translation adjustment. The undesignated portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of accumulated other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated, or if the Company should no longer possess a controlling interest.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, total foreign currency advances under the Credit Facility were approximately </font><font style="font-family:inherit;font-size:10pt;">$552.8 million</font><font style="font-family:inherit;font-size:10pt;">, which reflects advances of </font><font style="font-family:inherit;font-size:10pt;">&#163;177.2 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$221.3 million</font><font style="font-family:inherit;font-size:10pt;"> based upon an exchange rate of </font><font style="font-family:inherit;font-size:10pt;">&#163;1.00</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$1.25</font><font style="font-family:inherit;font-size:10pt;">, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">) and advances of </font><font style="font-family:inherit;font-size:10pt;">&#8364;310.2 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$331.4 million</font><font style="font-family:inherit;font-size:10pt;"> based upon an exchange rate of </font><font style="font-family:inherit;font-size:10pt;">&#8364;1.00</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$1.07</font><font style="font-family:inherit;font-size:10pt;">, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">). </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to </font><font style="font-family:inherit;font-size:10pt;">May 16, 2015</font><font style="font-family:inherit;font-size:10pt;">, foreign currency advances, which were comprised of </font><font style="font-family:inherit;font-size:10pt;">$92.1 million</font><font style="font-family:inherit;font-size:10pt;"> of Pound Sterling ("GBP") draws (based upon an exchange rate of </font><font style="font-family:inherit;font-size:10pt;">&#163;1.00</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$1.58</font><font style="font-family:inherit;font-size:10pt;">, as of </font><font style="font-family:inherit;font-size:10pt;">May 16, 2015</font><font style="font-family:inherit;font-size:10pt;">) and </font><font style="font-family:inherit;font-size:10pt;">$126.0 million</font><font style="font-family:inherit;font-size:10pt;"> of Euro ("EUR") draws (based upon an exchange rate of </font><font style="font-family:inherit;font-size:10pt;">&#8364;1.00</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$1.14</font><font style="font-family:inherit;font-size:10pt;">, as of </font><font style="font-family:inherit;font-size:10pt;">May 16, 2015</font><font style="font-family:inherit;font-size:10pt;">) were not designated as net investment hedges and, accordingly, the changes in value through </font><font style="font-family:inherit;font-size:10pt;">May 16, 2015</font><font style="font-family:inherit;font-size:10pt;"> due to currency fluctuations were reflected in earnings. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, total outstanding draws under the Credit Facility denominated in foreign currency was </font><font style="font-family:inherit;font-size:10pt;">$552.8 million</font><font style="font-family:inherit;font-size:10pt;">. The Company designates its net investment hedge position on the first day of each quarterly period. As of January 1, 2017, foreign currency draws under the Credit Facility of </font><font style="font-family:inherit;font-size:10pt;">&#163;177.2 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$221.3 million</font><font style="font-family:inherit;font-size:10pt;"> based on the aforementioned exchange rate as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">) and </font><font style="font-family:inherit;font-size:10pt;">&#8364;258.9 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$276.6 million</font><font style="font-family:inherit;font-size:10pt;"> based on the aforementioned exchange rate as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">) were designated as net investment hedges of the total foreign currency draws outstanding on the Credit Facility of </font><font style="font-family:inherit;font-size:10pt;">$497.9 million</font><font style="font-family:inherit;font-size:10pt;">. As of January 1, 2017, total net investments in real estate denominated in foreign currency were </font><font style="font-family:inherit;font-size:10pt;">&#163;114.3 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$142.7 million</font><font style="font-family:inherit;font-size:10pt;"> based on the aforementioned exchange rate as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">) and </font><font style="font-family:inherit;font-size:10pt;">&#8364;365.4 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$390.4 million</font><font style="font-family:inherit;font-size:10pt;"> based on the aforementioned exchange rate as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">), which resulted in </font><font style="font-family:inherit;font-size:10pt;">&#163;63.0 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$78.6 million</font><font style="font-family:inherit;font-size:10pt;"> based on the aforementioned exchange rate as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">) of undesignated excess position. As of January 1, 2017, the Company&#8217;s EUR designated as net investment hedges did not result in an excess position. The Company recorded </font><font style="font-family:inherit;font-size:10pt;">losses</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">losses</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, due to currency changes on the undesignated excess of the foreign currency advances over the related net investments. For the portion of foreign draws now designated as net investment hedges there were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> additional remeasurement gains (losses) for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding foreign cross currency derivatives that were used to hedge its net investments in foreign operations:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP - USD) </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,346</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,626</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR - USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,542</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,957</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR-USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109,988</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,683</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> Non-designated Derivatives</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is exposed to fluctuations in the exchange rates of its functional currency, the USD, against the GBP and the EUR. The Company uses foreign currency derivatives including options, currency forward and cross currency swap agreements to manage its exposure to fluctuations in GBP-USD and EUR-USD exchange rates. While these derivatives are hedging the fluctuations in foreign currencies, they do not meet the strict hedge accounting requirements to be classified as hedging instruments. Changes in the fair value of derivatives not designated as hedges under qualifying hedging relationships are recorded directly in net income (loss). The Company recorded total </font><font style="font-family:inherit;font-size:10pt;">losses</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> on the non-designated hedges for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding derivatives that were not designated as hedges under qualifying hedging relationships.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (GBP - USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,054</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR - USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,996</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,424</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP - USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR - USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,752</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,604</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">129,534</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">127,570</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP-USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,700</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,375</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (EUR-USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,250</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,036</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257,738</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Credit-risk-related Contingent Features </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has agreements with each of its derivative counterparties that contain a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the fair value of derivatives in a net liability position including accrued interest but excluding any adjustment for nonperformance risk related to these agreements was </font><font style="font-family:inherit;font-size:10pt;">$15.4 million</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had not posted any collateral related to these agreements and was not in breach of any agreement provisions. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreements at their aggregate termination value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Share-Based Compensation</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Stock Option Plan</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;The Company has a stock option plan (the "Plan") which authorizes the grant of nonqualified stock options to the Company's independent directors, officers, advisors, consultants and other personnel, subject to the absolute discretion of the board of directors and the applicable limitations of the Plan. The exercise price for all stock options granted under the Plan is equal to the fair market value of a share on the last business day preceding the annual meeting of stockholders. A total of </font><font style="font-family:inherit;font-size:10pt;">0.5 million</font><font style="font-family:inherit;font-size:10pt;"> shares have been authorized and reserved for issuance under the Plan. As of&#160;</font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, no stock options were issued under the Plan.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Restricted Share Plan</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's employee and director incentive restricted share plan ("RSP") provides the Company with the ability to grant awards of restricted shares to the Company's directors, officers and employees (if the Company ever has employees), employees of the Advisor and its affiliates, employees of entities that provide services to the Company, directors of the Advisor or of entities that provide services to the Company, certain consultants to the Company and the Advisor and its affiliates or to entities that provide services to the Company.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to </font><font style="font-family:inherit;font-size:10pt;">April&#160;8, 2015</font><font style="font-family:inherit;font-size:10pt;">, the RSP provided for the automatic grant of </font><font style="font-family:inherit;font-size:10pt;">1,000</font><font style="font-family:inherit;font-size:10pt;"> restricted shares of Common Stock to each of the independent directors, without any further action by the Company's board of directors or the stockholders, on the date of initial election to the board of directors and on the date of each annual stockholders' meeting. Restricted stock issued to independent directors vested over a </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-year</font><font style="font-family:inherit;font-size:10pt;"> period beginning on the first anniversary of the date of grant in increments of </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;"> per annum. On </font><font style="font-family:inherit;font-size:10pt;">April&#160;8, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company amended the RSP ("the Amended RSP"), among other things, to remove the fixed amount of shares that are automatically granted to the independent directors and remove the fixed vesting period of </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-</font><font style="font-family:inherit;font-size:10pt;">years</font><font style="font-family:inherit;font-size:10pt;">. Under the Amended RSP, the annual amount granted to the independent directors is determined by the board of directors. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective upon the Listing Date, the Company&#8217;s board of directors approved the following changes to independent director compensation: (i) increasing in the annual retainer payable to all independent directors to </font><font style="font-family:inherit;font-size:10pt;">$100,000</font><font style="font-family:inherit;font-size:10pt;"> per year, (ii) increase in the annual retainer for the non-executive chair to </font><font style="font-family:inherit;font-size:10pt;">$105,000</font><font style="font-family:inherit;font-size:10pt;">, (iii) increase in the annual retainer for independent directors serving on the audit committee, compensation committee or nominating and corporate governance committee to </font><font style="font-family:inherit;font-size:10pt;">$30,000</font><font style="font-family:inherit;font-size:10pt;">. All annual retainers are payable </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> in the form of cash and </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> in the form of restricted stock units ("RSU") which vest over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period. In addition, the directors have the option to elect to receive the cash component in the form of RSUs which would vest over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period. Under the Amended RSP, restricted share awards entitle the recipient to receive shares of Common Stock from the Company under terms that provide for vesting over a specified period of time or upon attainment of pre-established performance objectives. Such awards would typically be forfeited with respect to the unvested shares upon the termination of the recipient's employment or other relationship with the Company. In connection with the Listing, the Company's board of directors also approved a one-time retention grant of </font><font style="font-family:inherit;font-size:10pt;">13,333</font><font style="font-family:inherit;font-size:10pt;"> RSUs to each of the directors valued at </font><font style="font-family:inherit;font-size:10pt;">$25.56</font><font style="font-family:inherit;font-size:10pt;"> per unit, which vest over a </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-year</font><font style="font-family:inherit;font-size:10pt;"> period. On July 13, 2015, the Company granted an annual retainer to each of its independent directors comprising of </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> in cash and </font><font style="font-family:inherit;font-size:10pt;">2,450</font><font style="font-family:inherit;font-size:10pt;"> RSUs which vest over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period with the vesting period beginning on </font><font style="font-family:inherit;font-size:10pt;">June&#160;15, 2015</font><font style="font-family:inherit;font-size:10pt;">. In addition, the Company granted </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> in non-executive chair compensation in cash and </font><font style="font-family:inherit;font-size:10pt;">1,979</font><font style="font-family:inherit;font-size:10pt;"> RSUs which vest over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period with the vesting period beginning on </font><font style="font-family:inherit;font-size:10pt;">June&#160;15, 2015</font><font style="font-family:inherit;font-size:10pt;">. On August 18, 2016, the Company granted an annual retainer to each of its independent directors comprised of </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2,880</font><font style="font-family:inherit;font-size:10pt;"> RSUs which vest over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period with the vesting period beginning on June 28, 2016. In addition, the Company granted </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> in non-executive chair compensation in cash and </font><font style="font-family:inherit;font-size:10pt;">2,327</font><font style="font-family:inherit;font-size:10pt;"> RSUs which vest over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period with the vesting period beginning on June 28, 2016.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> Prior to </font><font style="font-family:inherit;font-size:10pt;">April&#160;8, 2015</font><font style="font-family:inherit;font-size:10pt;">, the total number of shares of Common Stock granted under the RSP could not exceed </font><font style="font-family:inherit;font-size:10pt;">5.0%</font><font style="font-family:inherit;font-size:10pt;"> of the Company's outstanding shares on a fully diluted basis at any time, and in any event could not exceed </font><font style="font-family:inherit;font-size:10pt;">2.5 million</font><font style="font-family:inherit;font-size:10pt;"> shares (as such number may be adjusted for stock splits, stock dividends, combinations and similar events). The Amended RSP increased the number of shares of the Company's Common Stock available for awards thereunder to </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s outstanding shares of Common Stock on a fully diluted basis at any time. The Amended RSP also eliminated the limit of </font><font style="font-family:inherit;font-size:10pt;">2.5 million</font><font style="font-family:inherit;font-size:10pt;"> shares of Common Stock permitted to be issued as RSUs. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted shares may not, in general, be sold or otherwise transferred until restrictions are removed and the shares have vested. Holders of restricted shares may receive cash dividends prior to the time that the restrictions on the restricted shares have lapsed. Any dividends payable in common shares shall be subject to the same restrictions as the underlying restricted shares. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects restricted share award activity for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of Restricted Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-Average Issue Price</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unvested, December 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.07</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,666</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.56</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unvested, March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,429</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.96</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the restricted shares granted prior to the Listing Date is based on the per share price in the IPO and the fair value of the restricted shares granted on or after the Listing Date is based on the market price of Common Stock as of the grant date, and is expensed over the vesting period. Compensation expense related to restricted stock was </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> , respectively, and is recorded as general and administrative expense in the accompanying statements of operations. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> unrecognized compensation costs related to unvested restricted share awards granted under the Company&#8217;s Amended RSP. The cost is expected to be recognized over a weighted average period of </font><font style="font-family:inherit;font-size:10pt;">2.9 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Multi-Year Outperformance Agreement</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the Listing, the Company entered into the OPP with the OP and the Advisor. Under the OPP, the Advisor was issued </font><font style="font-family:inherit;font-size:10pt;">3,013,933</font><font style="font-family:inherit;font-size:10pt;"> long term incentive plan units ("LTIP Units") in the OP with a maximum award value on the issuance date equal to </font><font style="font-family:inherit;font-size:10pt;">5.00%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s market capitalization (the &#8220;OPP Cap&#8221;). The LTIP Units are structured as profits interests in the OP. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Advisor will be eligible to earn a number of LTIP Units with a value equal to a portion of the OPP Cap upon the first, second and third anniversaries of the Effective Date, which is the Listing Date, </font><font style="font-family:inherit;font-size:10pt;">June&#160;2, 2015</font><font style="font-family:inherit;font-size:10pt;">, based on the Company&#8217;s achievement of certain levels of total return to its stockholders (&#8220;Total Return&#8221;), including both share price appreciation and Common Stock dividends, as measured against a peer group of companies, as set forth below, for the three-year performance period commencing on the Effective Date (the &#8220;</font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period&#8221;); each </font><font style="font-family:inherit;font-size:10pt;">12-month</font><font style="font-family:inherit;font-size:10pt;"> period during the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period (the &#8220;</font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;">-Year Periods&#8221;); and the initial </font><font style="font-family:inherit;font-size:10pt;">24-month</font><font style="font-family:inherit;font-size:10pt;"> period of the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period (the &#8220;</font><font style="font-family:inherit;font-size:10pt;">Two</font><font style="font-family:inherit;font-size:10pt;">-Year Period&#8221;), as follows:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:0%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Performance Period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Annual Period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interim Period</font></div></td></tr><tr><td colspan="3" style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Absolute Component: 4% of any excess Total Return attained above an absolute hurdle measured from the beginning of such period:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14%</font></div></td></tr><tr><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Relative Component: 4% of any excess Total Return attained above the Total Return for the performance period of the Peer Group*, subject to a ratable sliding scale factor as follows based on achievement of cumulative Total Return measured from the beginning of such period:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100% will be earned if cumulative Total Return achieved is at least:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50% will be earned if cumulative Total Return achieved is:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% will be earned if cumulative Total Return achieved is less than:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">a percentage from 50% to 100% calculated by linear interpolation will be earned if the cumulative Total Return achieved is between:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% - 18%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% - 6%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0% - 12%</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">_______________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">*</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The &#8220;Peer Group&#8221; is comprised of Gramercy Property Trust Inc., Lexington Realty Trust, Select Income REIT, and W.P. Carey Inc.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The potential outperformance award is calculated at the end of each </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;">-Year Period, the </font><font style="font-family:inherit;font-size:10pt;">Two</font><font style="font-family:inherit;font-size:10pt;">-Year Period and the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period. The award earned for the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period is based on the formula in the table above less any awards earned for the </font><font style="font-family:inherit;font-size:10pt;">Two</font><font style="font-family:inherit;font-size:10pt;">-Year Period and </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;">-Year Periods, but not less than zero; the award earned for the </font><font style="font-family:inherit;font-size:10pt;">Two</font><font style="font-family:inherit;font-size:10pt;">-Year Period is based on the formula in the table above less any award earned for the first and second </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;">-Year Period, but not less than zero. Any LTIP Units that are unearned at the end of the Performance Period will be forfeited.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subject to the Advisor&#8217;s continued service through each vesting date, one third of any earned LTIP Units will vest on each of the third, fourth and fifth anniversaries of the Effective Date. Any earned and vested LTIP Units may be converted into OP Units in accordance with the terms and conditions of the limited partnership agreement of the OP. The OPP provides for early calculation of LTIP Units earned and for the accelerated vesting of any earned LTIP Units in the event Advisor is terminated or in the event the Company incurs a change in control, in either case prior to the end of the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period. On June 2, 2016, </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> LTIP units were earned by the Advisor under the terms of the OPP.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records equity based compensation expense associated with the awards over the requisite service period of </font><font style="font-family:inherit;font-size:10pt;">five years</font><font style="font-family:inherit;font-size:10pt;"> on a graded vesting basis. Equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance. Compensation (income) expense related to the OPP was </font><font style="font-family:inherit;font-size:10pt;">$(0.3) million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. Subject to the Advisor&#8217;s continued service through each vesting date, one third of any earned LTIP Units will vest on each of the third, fourth and fifth anniversaries of the Effective Date. Until such time as an LTIP Unit is earned in accordance with the provisions of the OPP, the holder of such LTIP Unit is entitled to distributions on such LTIP Unit equal to </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;">&#160;of the distributions (other than distributions of sale proceeds) made per OP Unit. If real estate assets are sold and net sales proceeds distributed prior to June 2, 2018, the end of the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period, the holders of LTIP Units generally would be entitled to a portion of those net sales proceeds with respect to both the earned and unearned LTIP Units (although the amount per LTIP Unit, which would be determined in accordance with a formula in the limited partnership agreement of the OP, would be less than the amount per OP Unit until the average capital account per LTIP Unit equals the average capital account per OP Unit). The Company has paid </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> in distributions related to LTIP Units during the&#160;</font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, which is included in non-controlling interest in the consolidated statement of changes in equity. After an LTIP Unit is earned, the holder of such LTIP Unit is entitled to a catch-up distribution and then the same distributions as the holders of an OP Unit. At the time the Advisor&#8217;s capital account with respect to an LTIP Unit is economically equivalent to the average capital account balance of an OP Unit, the LTIP Unit has been earned and it has been vested for </font><font style="font-family:inherit;font-size:10pt;">30 days</font><font style="font-family:inherit;font-size:10pt;">, the Advisor, in its sole discretion, will be entitled to convert such LTIP Unit into an OP Unit in accordance with the provisions of the limited partnership agreement of the OP. The OPP provides for early calculation of LTIP Units earned and for the accelerated vesting of any earned LTIP Units in the event Advisor is terminated by the Company or in the event the Company incurs a change in control, in either case prior to the end of the </font><font style="font-family:inherit;font-size:10pt;">Three</font><font style="font-family:inherit;font-size:10pt;">-Year Period.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">February&#160;25, 2016</font><font style="font-family:inherit;font-size:10pt;">, the OPP was amended and restated to reflect the merger of </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> of the companies in the Peer Group.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company completed a Reverse Stock Split of the Company&#8217;s Common Stock, OP Units and LTIP Units, at a ratio of </font><font style="font-family:inherit;font-size:10pt;">1</font><font style="font-family:inherit;font-size:10pt;">-for-</font><font style="font-family:inherit;font-size:10pt;">3</font><font style="font-family:inherit;font-size:10pt;"> (see </font><a style="font-family:inherit;font-size:10pt;" href="#s8420EF50D0F95C4C83BE288D4ED418E4"><font style="font-family:inherit;font-size:10pt;">Note 1</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Organization</font><font style="font-family:inherit;font-size:10pt;"> for details).</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Other Share-Based Compensation</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company may issue Common Stock in lieu of cash to pay fees earned by the Company's directors at each director's election. There are no restrictions on the shares issued since these payments in lieu of cash relate to fees earned for services performed. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> such shares of Common Stock issued in lieu of cash during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding derivatives that were not designated as hedges under qualifying hedging relationships.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (GBP - USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,054</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR - USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,996</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,424</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP - USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR - USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,752</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,604</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">129,534</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">127,570</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP-USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,700</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,375</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (EUR-USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,250</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,036</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257,738</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects restricted share award activity for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of Restricted Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-Average Issue Price</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unvested, December 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.07</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,666</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.56</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unvested, March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,429</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.96</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Earnings Per Share</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a summary of the basic and diluted net income (loss) per share computation for the periods presented:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands, except share and per share data)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to stockholders</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,429</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,488</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustments to net income attributable to stockholders for common share equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(185</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(195</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjusted net income attributable to stockholders</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,244</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,293</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net income per share attributable to stockholders</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.11</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.11</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted weighted average shares outstanding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66,271,008</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">56,312,211</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under current authoritative guidance for determining earnings per share, all nonvested share-based payment awards that contain non-forfeitable rights to distributions are considered to be participating securities and therefore are included in the computation of earnings per share under the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common shares and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. The Company's nonvested RSUs and LTIPs contain rights to receive non-forfeitable distributions and therefore the Company applies the two-class method of computing earnings per share. The calculation of earnings per share above excludes the non-forfeitable distributions to the nonvested RSUs and LTIPs from the numerator.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted net income per share assumes the conversion of all Common Stocks share equivalents into an equivalent number of common shares, unless the effect is anti-dilutive.&#160;The Company considers unvested restricted stock, OP Units and LTIP Units to be common share equivalents. For the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, the following common share equivalents were excluded from the calculation of diluted earnings per share:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unvested restricted stock</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,429</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62,661</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OP Units </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">181,841</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">603,219</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP (LTIP Units)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,013,933</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,013,933</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total anti-dilutive common share equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,246,203</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,679,813</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">____________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;padding-left:18px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;text-indent:-18px;"><font style="font-family:inherit;font-size:8pt;">As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">, OP Units comprised of </font><font style="font-family:inherit;font-size:8pt;">five</font><font style="font-family:inherit;font-size:8pt;"> original OP Units issued to the Advisor, </font><font style="font-family:inherit;font-size:8pt;">27,776</font><font style="font-family:inherit;font-size:8pt;"> issued at Listing and </font><font style="font-family:inherit;font-size:8pt;">575,438</font><font style="font-family:inherit;font-size:8pt;"> of class B Units which were converted into OP Units at Listing. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, </font><font style="font-family:inherit;font-size:8pt;">421,378</font><font style="font-family:inherit;font-size:8pt;"> of OP Units were converted into Common Stock, of which </font><font style="font-family:inherit;font-size:8pt;">305,411</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">115,967</font><font style="font-family:inherit;font-size:8pt;"> belong to individual investors and Service Provider, respectively. There were </font><font style="font-family:inherit;font-size:8pt;">181,841</font><font style="font-family:inherit;font-size:8pt;"> OP Units outstanding that were held by parties other than the Company as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">, all of which were converted into Common Stock on April 3, 2017.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Conditionally issuable shares relating to the OPP award (See </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Share-Based Compensation</font><font style="font-family:inherit;font-size:10pt;">) would be included in the computation of fully diluted EPS (if dilutive) based on shares that would be issued if the balance sheet date were the end of the measurement period. No LTIP share equivalents were included in the computation for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> because no units or shares would have been issued based on the stock price at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:27%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Amount</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair&#160;Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Amount</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair&#160;Value</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, <br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, <br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1) (2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">760,936</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">756,389</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">752,484</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">747,870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Credit Facility </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">698,203</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">698,203</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">616,614</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">616,614</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mezzanine Facility </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,383</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">__________________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Carrying value includes </font><font style="font-family:inherit;font-size:8pt;">$763.3 million</font><font style="font-family:inherit;font-size:8pt;"> gross mortgage notes payable and </font><font style="font-family:inherit;font-size:8pt;">$2.4 million</font><font style="font-family:inherit;font-size:8pt;"> mortgage discount, net as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Carrying value includes </font><font style="font-family:inherit;font-size:8pt;">$755.0 million</font><font style="font-family:inherit;font-size:8pt;"> gross mortgage notes payable and </font><font style="font-family:inherit;font-size:8pt;">$2.5 million</font><font style="font-family:inherit;font-size:8pt;"> mortgage discount, net as of </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Carrying value includes </font><font style="font-family:inherit;font-size:8pt;">$55.4 million</font><font style="font-family:inherit;font-size:8pt;"> Mezzanine Facility and </font><font style="font-family:inherit;font-size:8pt;">$17,000</font><font style="font-family:inherit;font-size:8pt;"> mezzanine discount, net as of </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair Value of Financial Instruments</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines fair value based on quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. This alternative approach also reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The guidance defines three levels of inputs that may be used to measure fair value:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;padding-left:84px;text-indent:-60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 1</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;padding-left:84px;text-indent:-60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 2</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;padding-left:84px;text-indent:-60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 3</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Unobservable inputs that reflect the entity's own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures each quarter and depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, the Company expects that changes in classifications between levels will be rare.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of the Company's derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The valuation of derivative instruments is determined using a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, as well as observable market-based inputs, including interest rate curves and implied volatilities. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company's potential nonperformance risk and the performance risk of the counterparties.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Financial Instruments Measured at Fair Value on a Recurring Basis</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, aggregated by the level in the fair value hierarchy within which those instruments fall. </font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:36%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Unobservable Inputs</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,061</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,061</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,929</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,929</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,508</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,508</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">302</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">302</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP (see </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,179</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,179</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,998</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,998</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,457</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,457</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP (see </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The valuation of the OPP is determined using a Monte Carlo simulation. This analysis reflects the contractual terms of the OPP, including the performance periods and total return hurdles, as well as observable market-based inputs, including interest rate curves, and unobservable inputs, such as expected volatility. As a result, the Company has determined that its OPP valuation in its entirety is classified in Level 3 of the fair value hierarchy.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A review of the fair value hierarchy classification is conducted on a quarterly basis. Changes in the type of inputs may result in a reclassification for certain assets. There were no transfers between Level 1 and Level 2 of the fair value hierarchy during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Level 3 Valuations</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a reconciliation of the beginning and ending balances for the changes in the instrument with Level 3 inputs in the fair value hierarchy for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beginning Balance as of December 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,400</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;Fair value adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,500</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ending balance as of March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides quantitative information about the significant Level 3 input used:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11" rowspan="1"></td></tr><tr><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial Instrument</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value at March 31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Principal Valuation Technique</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unobservable Inputs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Input Value</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Monte Carlo Simulation</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Expected volatility</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28.0%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following discussion provides a description of the impact on a fair value measurement of a change in each unobservable input in isolation. For the relationship described below, the inverse relationship would also generally apply.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expected volatility is a measure of the variability in possible returns for an instrument, parameter or market index given how much the particular instrument, parameter or index changes in value over time. Generally, the higher the expected volatility of the underlying, the wider the range of potential future returns. An increase in expected volatility, in isolation, would generally result in an increase in the fair value measurement of an instrument. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Financial Instruments not Measured at Fair Value on a Recurring Basis</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is required to disclose the fair value of financial instruments for which it is practicable to estimate value. The fair value of short-term&#160;financial instruments such as cash and cash equivalents, due to/from related parties, accounts payable and dividends payable approximate their carrying value on the consolidated balance sheets due to their short-term nature. The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:27%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Amount</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair&#160;Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Amount</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair&#160;Value</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, <br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, <br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1) (2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">760,936</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">756,389</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">752,484</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">747,870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Credit Facility </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">698,203</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">698,203</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">616,614</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">616,614</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mezzanine Facility </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,383</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">__________________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Carrying value includes </font><font style="font-family:inherit;font-size:8pt;">$763.3 million</font><font style="font-family:inherit;font-size:8pt;"> gross mortgage notes payable and </font><font style="font-family:inherit;font-size:8pt;">$2.4 million</font><font style="font-family:inherit;font-size:8pt;"> mortgage discount, net as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Carrying value includes </font><font style="font-family:inherit;font-size:8pt;">$755.0 million</font><font style="font-family:inherit;font-size:8pt;"> gross mortgage notes payable and </font><font style="font-family:inherit;font-size:8pt;">$2.5 million</font><font style="font-family:inherit;font-size:8pt;"> mortgage discount, net as of </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Carrying value includes </font><font style="font-family:inherit;font-size:8pt;">$55.4 million</font><font style="font-family:inherit;font-size:8pt;"> Mezzanine Facility and </font><font style="font-family:inherit;font-size:8pt;">$17,000</font><font style="font-family:inherit;font-size:8pt;"> mezzanine discount, net as of </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the gross mortgage notes payable is estimated using a discounted cash flow analysis, based on&#160;the Advisor's experience with similar types&#160;of borrowing arrangements. On </font><font style="font-family:inherit;font-size:10pt;">July&#160;25, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company extended the maturity date of the Credit Facility to </font><font style="font-family:inherit;font-size:10pt;">July&#160;25, 2017</font><font style="font-family:inherit;font-size:10pt;"> with an additional </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">-year extension option remaining, subject to certain conditions. Advances under the Credit Facility are considered to be reported at fair value due to the short-term nature of the maturity. The Mezzanine Facility carried a fixed interest rate and as such the advances were considered to approximate fair value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides quantitative information about the significant Level 3 input used:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11" rowspan="1"></td></tr><tr><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial Instrument</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value at March 31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Principal Valuation Technique</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unobservable Inputs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Input Value</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Monte Carlo Simulation</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Expected volatility</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28.0%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a reconciliation of the beginning and ending balances for the changes in the instrument with Level 3 inputs in the fair value hierarchy for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beginning Balance as of December 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,400</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;Fair value adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,500</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ending balance as of March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, aggregated by the level in the fair value hierarchy within which those instruments fall. </font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:36%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Unobservable Inputs</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,061</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,061</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,929</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,929</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,508</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,508</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">302</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">302</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP (see </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,179</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,179</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,998</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,998</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps, net (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,457</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,457</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP &amp; EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP (see </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines fair value based on quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. This alternative approach also reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The guidance defines three levels of inputs that may be used to measure fair value:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;padding-left:84px;text-indent:-60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 1</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;padding-left:84px;text-indent:-60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 2</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;padding-left:84px;text-indent:-60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 3</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Unobservable inputs that reflect the entity's own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures each quarter and depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, the Company expects that changes in classifications between levels will be rare.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of the Company's derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The valuation of derivative instruments is determined using a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, as well as observable market-based inputs, including interest rate curves and implied volatilities. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company's potential nonperformance risk and the performance risk of the counterparties.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company qualified to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the taxable year ended December&#160;31, 2013. Commencing with such taxable year, the Company was organized to operate in such a manner as to qualify for taxation as a REIT under the Code. The Company intends to continue to operate in such a manner to continue to qualify for taxation as a REIT, but no assurance can be given that it will operate in a manner so as to remain qualified as a REIT. As a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes annually all of its REIT taxable income. REIT's are subject to a number of other organizational and operational requirements. The Company conducts business in various states and municipalities within the U.S. (including Puerto Rico), United Kingdom and continental Europe and, as a result, the Company or one of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and certain foreign jurisdictions. As a result, the Company may be subject to certain federal, state, local and foreign taxes on its income and assets, including alternative minimum taxes, taxes on any undistributed income and state, local or foreign income, franchise, property and transfer taxes. Any of these taxes decrease Company's earnings and available cash.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> In addition, the Company's international assets and operations, including those designated as direct or indirect qualified REIT subsidiaries or other disregarded entities of a REIT, continue to be subject to taxation in the foreign jurisdictions where those assets are held or those operations are conducted. During the period from July 13, 2011 (date of inception) to December 31, 2012, the Company elected to be taxed as a corporation, pursuant to which income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recorded for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax basis of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards, using expected tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on technical merits, that the position will be sustained upon examination. Because, the Company elected and qualified to be taxed as a REIT commencing with the taxable year ended December&#160;31, 2013, it does not anticipate that any applicable deferred tax assets or liabilities will be realized.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant judgment is required in determining the Company's tax provision and in evaluating its tax positions. The Company establishes tax reserves based on a benefit recognition model, which the Company believes could result in a greater amount of benefit (and a lower amount of reserve) being initially recognized in certain circumstances. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50 percent likely of being ultimately realized upon settlement. The Company derecognizes the tax position when the likelihood of the tax position being sustained is no longer more likely than not.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes deferred income taxes in certain of its subsidiaries taxable in the U.S. or in foreign jurisdictions. Deferred income taxes are generally the result of temporary differences (items that are treated differently for tax purposes than for GAAP purposes). In addition, deferred tax assets arise from unutilized tax net operating losses, generated in prior years. The Company provides a valuation allowance against its deferred income tax assets when it believes that it is more likely than not that all or some portion of the deferred income tax asset may not be realized. Whenever a change in circumstances causes a change in the estimated realizability of the related deferred income tax asset, the resulting increase or decrease in the valuation allowance is included in deferred income tax expense (benefit).</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company derives most of its REIT taxable income from its real estate operations in the U.S. and has historically distributed all of its REIT taxable income to its shareholders. As such, the Company's real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations may be subject to certain state, local, and foreign taxes, as applicable.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's deferred tax assets and liabilities are primarily the result of temporary differences related to the following:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basis differences between tax and GAAP for certain international real estate investments. For income tax purposes, in certain acquisitions, the Company assumes the seller&#8217;s basis, or the carry-over basis, in the acquired assets. The carry-over basis is typically lower than the purchase price, or the GAAP basis, resulting in a deferred tax liability with an offsetting increase to goodwill or the acquired tangible or intangible assets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Timing differences generated by differences in the GAAP basis and the tax basis of assets such as those related to capitalized acquisition costs and depreciation expense; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tax net operating losses in certain subsidiaries, including those domiciled in foreign jurisdictions that may be realized in future periods if the respective subsidiary generates sufficient taxable income.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes current income tax expense for state and local income taxes and taxes incurred in its foreign jurisdictions. The Company's current income tax expense fluctuates from period to period based primarily on the timing of its taxable income. For the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized an income tax expense of </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Deferred income tax (expense) benefit is generally a function of the period&#8217;s temporary differences and the utilization of net operating losses generated in prior years that had been previously recognized as deferred income tax assets from state and local taxes in the U.S. or in foreign jurisdictions.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Merger Transaction</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the Merger Agreement, each outstanding share of Global II's common stock, including restricted shares of common stock, par value </font><font style="font-family:inherit;font-size:10pt;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> per share ("Global II Common Stock"), other than shares owned by the Company, any subsidiary of the Company or any wholly owned subsidiary of Global II, was converted into the right to receive </font><font style="font-family:inherit;font-size:10pt;">2.27</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company's Common Stock (such consideration, the &#8220;Stock Merger Consideration&#8221;), and each outstanding unit of limited partnership interest and Class B interest of the Global II OP (collectively, &#8220;Global II OP Units&#8221;) was converted into the right to receive </font><font style="font-family:inherit;font-size:10pt;">2.27</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company's Common Stock (the &#8220;Partnership Merger Consideration&#8221; and, together with the Stock Merger Consideration, the &#8220;Merger Consideration&#8221;), in each case with cash paid in lieu of fractional shares.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, as provided in the Merger Agreement, all outstanding restricted stock of Global II became fully vested and entitled to receive the Merger Consideration.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company issued </font><font style="font-family:inherit;font-size:10pt;">9.6 million</font><font style="font-family:inherit;font-size:10pt;"> of its Common Stock as consideration in the Merger. Based upon the closing price of the shares of the Company's Common Stock of </font><font style="font-family:inherit;font-size:10pt;">$23.10</font><font style="font-family:inherit;font-size:10pt;"> on </font><font style="font-family:inherit;font-size:10pt;">December&#160;21, 2016</font><font style="font-family:inherit;font-size:10pt;">, as reported on the NYSE, and the number of shares of Global II Common Stock outstanding, including unvested restricted shares and OP Units, net of any fractional shares on </font><font style="font-family:inherit;font-size:10pt;">December&#160;21, 2016</font><font style="font-family:inherit;font-size:10pt;">, the aggregate fair value of the Merger Consideration paid to former holders of Global II Common Stock and former holders of units of Global II OP Units was </font><font style="font-family:inherit;font-size:10pt;">$220.9 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December 22, 2016 (the "Merger Date"), pursuant to the Merger Agreement, Global II merged with and into the Merger Sub. In addition, Global II OP, merged with the OP (see </font><a style="font-family:inherit;font-size:10pt;" href="#s1FB8EE2C1365587F0C40DB0B1D3F2F1B"><font style="font-family:inherit;font-size:10pt;">Note 1</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; Organization for details). The fair value of the consideration transferred for the Mergers totaled </font><font style="font-family:inherit;font-size:10pt;">$220.9 million</font><font style="font-family:inherit;font-size:10pt;"> and consisted of the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:82%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of Merger Date</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair value of consideration transferred:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common stock</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">220,868</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total consideration transferred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">220,868</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Treatment of the Mergers</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Mergers are accounted for under the acquisition method for business combinations pursuant to GAAP, with the Company as the accounting acquirer of Global II. The consideration to be transferred by the Company to acquire Global II establishes a new accounting basis for the assets acquired, liabilities assumed and any non-controlling interests, measured at their respective fair value as of the Merger Date. To the extent fair value of the Merger Consideration exceeds fair value of net assets acquired, any such excess represents goodwill. Alternatively, if fair value of net assets acquired exceeds fair value of the Merger Consideration, the transaction could result in a bargain purchase gain that is recognized immediately in earnings and attributable to the Company's common stockholders. Adjustments to estimated fair value of identifiable assets and liabilities of Global II, as well as adjustments to the Merger Consideration may change the determination and amount of goodwill and/or bargain purchase gain and may impact depreciation, amortization and accretion based on revised fair value of assets acquired and liabilities assumed. The actual value of the Merger Consideration is based upon the market price of the Company's Common Stock at the time of closing of the Merger.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Allocation of Consideration</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consideration transferred pursuant to the Merger was allocated to the assets acquired and liabilities assumed for Global II, based upon their estimated fair values as of the Merger Date. As of December 31, 2016, the allocations in the table below from land, buildings and fixtures and improvements, acquired intangible lease assets and liabilities, were provisionally assigned to each class of assets and liabilities, pending final confirmation, which will be made with assistance from a third party specialist for the Merger acquisitions acquired on the Merger Date. The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, including all measurement period adjustments as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(Dollar amounts in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Global II</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total consideration:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value of Company's shares of common stock issued, net of fractional shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">220,868</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets Acquired at Fair Value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,921</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Buildings, fixtures and improvements</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">390,542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquired intangible lease assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">112,866</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total real estate investments, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">574,329</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,808</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid expenses and other assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,317</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related party notes receivable acquired in Merger</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,138</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due from related parties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,463</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">368</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill and other intangible assets, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,282</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Assets Acquired at Fair Value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">622,280</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liabilities Assumed at Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">279,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage (discount) premium, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,724</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mezzanine facility</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107,047</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mezzanine discount, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(26</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquired intangible lease liabilities, net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,516</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,911</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued expenses</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,212</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid rent</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,001</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liability</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,763</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Taxes payable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,661</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividend payable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Liabilities Assumed at Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">420,395</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net assets acquired excluding cash</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">201,885</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash acquired on acquisition</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,983</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">See </font><a style="font-family:inherit;font-size:10pt;" href="#s38B9212C55A255409940E7B78FDBEFC4"><font style="font-family:inherit;font-size:10pt;">Note 4</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Real Estate Investments, Net</font><font style="font-family:inherit;font-size:10pt;"> for pro forma disclosures relating to the Global II Merger in 2016 and other property acquisitions during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Acquired Related Party Receivable</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;"> </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December 16, 2016, Global II entered into a letter agreement (the &#8220;Letter Agreement&#8221;) with American Realty Capital Global II Advisors, LLC (&#8220;Global II Advisor&#8221;), and AR Global, the parent of the Global II Advisor, pursuant to&#160;which the Global II Advisor agreed to reimburse Global II </font><font style="font-family:inherit;font-size:10pt;">$6.3 million</font><font style="font-family:inherit;font-size:10pt;"> in organization and offering costs incurred by&#160;Global II&#160;in its IPO (the &#8220;Global II IPO&#8221;) that exceeded </font><font style="font-family:inherit;font-size:10pt;">2.0%</font><font style="font-family:inherit;font-size:10pt;"> of gross offering proceeds in the Global II IPO (the &#8220;Excess Amount&#8221;). Global II's IPO was suspended in November 2015 and lapsed in accordance with its terms in August 2016. The Letter Agreement was negotiated on behalf of Global II, and approved, by the independent directors of Global II.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Letter Agreement provided for reimbursement of the Excess Amount to Global II through (1) the tender of </font><font style="font-family:inherit;font-size:10pt;">22,115</font><font style="font-family:inherit;font-size:10pt;"> Class B Units of limited partnership interest of Global II&#8217;s OP ("Global II Class B Units"), previously issued to the Global II Advisor as payment in lieu of cash for its provision of asset management services, and (2) the payment of the balance of the Excess Amount in equal cash installments over an </font><font style="font-family:inherit;font-size:10pt;">eight</font><font style="font-family:inherit;font-size:10pt;"> month period. The value of the Excess Amount was determined using a valuation for each Global II Class B Unit based on the </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;">-day volume weighted average price of each share of of Company Stock on the Merger Date.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Upon consummation of the Merger, Class B Units were tendered to the Company and the balance of the excess amount of </font><font style="font-family:inherit;font-size:10pt;">$5.1 million</font><font style="font-family:inherit;font-size:10pt;"> was payable in </font><font style="font-family:inherit;font-size:10pt;">eight</font><font style="font-family:inherit;font-size:10pt;"> equal monthly installments beginning on </font><font style="font-family:inherit;font-size:10pt;">January&#160;15, 2017</font><font style="font-family:inherit;font-size:10pt;">. Such receivable was acquired by the Company in the Merger. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company received </font><font style="font-family:inherit;font-size:10pt;">$1.9 million</font><font style="font-family:inherit;font-size:10pt;"> in payments with respect to the excess organization and offering costs incurred by Global II. AR Global has unconditionally and irrevocably guaranteed Global II Advisor&#8217;s obligations to repay the monthly installments.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Mortgage Notes Payable</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> consisted of the following:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Encumbered Properties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Outstanding Loan Amount </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Effective Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Country</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Portfolio</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Maturity</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Finland:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Finnair </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,338</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">29,878</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.2%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sep. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Tokmanni</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,952</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,483</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">France:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Auchan </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">8,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">8,732</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Pole Emploi </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,196</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,102</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sagemcom </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">38,349</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">37,768</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Worldline </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,341</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,260</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.9%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DCNS </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">10,148</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">9,994</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">ID Logistics II </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,216</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,046</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.3%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Germany</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Rheinmetall</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.6%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jan. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">OBI DIY</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,807</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,734</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jan. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">RWE AG</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">66,765</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">65,753</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.6%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Rexam</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,619</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,534</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.8%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Metro Tonic</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">28,308</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">27,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">ID Logistics I</font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">&#160;(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,273</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,208</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.0%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Luxembourg:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DB Luxembourg </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">38,456</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">37,873</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Netherlands:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">ING Amsterdam </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">47,002</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">46,290</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total EUR denominated</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">22</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">347,959</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">342,686</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">United Kingdom:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">McDonald's</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">949</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">938</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.1%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wickes Building Supplies I</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,431</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,402</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Everything Everywhere</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,995</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,936</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.0%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thames Water</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7,493</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7,405</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.1%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wickes Building Supplies II</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,060</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,036</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.2%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Northern Rock</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,556</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,479</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sep. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wickes Building Supplies III</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,373</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.3%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nov. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Provident Financial</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">15,922</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">15,735</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.1%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Feb. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Crown Crest</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">24,039</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">23,757</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.2%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Feb. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aviva</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">19,606</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">19,376</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Mar. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Bradford &amp; Bingley</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">9,441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">9,330</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Intier Automotive Interiors</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,900</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,831</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Capgemini</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,868</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,788</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.2%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fujitsu</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,945</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,581</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.2%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Amcor Packaging</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,904</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,858</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fife Council</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,290</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,263</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Malthrust</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,996</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,949</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Talk Talk </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,721</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">HBOS </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,731</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,652</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DFS Trading</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">12,662</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">12,513</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aug. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DFS Trading </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,964</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,930</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aug. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">HP Enterprise Services </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,597</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,461</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aug. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Foster Wheeler</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">49,077</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">48,501</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.6%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Harper Collins</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">35,059</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">34,648</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2019</font></div></td></tr></table></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Encumbered Properties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Outstanding Loan Amount </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Effective Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Country</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Portfolio</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;border-bottom:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Maturity</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">NCR Dundee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7,043</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,960</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.9%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Apr. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total GBP denominated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">43</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">279,678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">276,395</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">United States:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Quest Diagnostics </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">52,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">52,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Variable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sep. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Western Digital</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">17,600</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">17,682</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5.3%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">AT&amp;T Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">33,550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">33,550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.9%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Variable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">FedEx Freight </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,165</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,165</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Veolia Water </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Puerto Rico:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Encanto Restaurants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">18</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">21,474</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">21,599</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6.3%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total USD denominated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">23</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">135,699</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">135,906</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Gross mortgage notes payable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">88</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">763,336</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">754,987</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.8%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Deferred financing costs, net of accumulated amortization</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(4,726</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(5,103</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Mortgage notes payable, net of deferred financing costs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">88</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">758,610</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">749,884</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.8%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">_______________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">Amounts borrowed in local currency and translated at the spot rate as of the respective measurement date.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">Fixed as a result of an interest rate swap agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">The interest rate is </font><font style="font-family:inherit;font-size:7pt;">2.0%</font><font style="font-family:inherit;font-size:7pt;"> plus 1-month LIBOR.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">The interest rate is </font><font style="font-family:inherit;font-size:7pt;">2.0%</font><font style="font-family:inherit;font-size:7pt;"> plus 1-month Adjusted LIBOR as defined in the mortgage agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">New mortgages acquired as part of the Merger on the Merger Date.</font></div></td></tr></table><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the Global II Merger, the OP assumed the outstanding gross mortgage notes payable with an estimated aggregate fair value of </font><font style="font-family:inherit;font-size:10pt;">$279.0 million</font><font style="font-family:inherit;font-size:10pt;"> at the Merger Date.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents future scheduled aggregate principal payments on the gross mortgage notes payable over the next five calendar years and thereafter as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:82%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future Principal Payments </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 (remainder)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,661</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">128,121</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">265,214</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305,276</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,064</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">763,336</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">_________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on the exchange rates as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's mortgage notes payable agreements require compliance with certain property-level financial covenants including debt service coverage ratios. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company was in compliance with financial covenants under its mortgage notes payable agreements.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Adopted:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU 2016-05 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Derivatives and Hedging (Topic 815)</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships</font><font style="font-family:inherit;font-size:10pt;">. Under the new guidance, the novation of a derivative contract in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The guidance is effective for fiscal years beginning after December 15, 2016, and interim periods therein. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued an update on ASU 2016-09</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.</font><font style="font-family:inherit;font-size:10pt;"> The guidance changes the accounting for certain aspects of share-based compensation. Among other things, the revised guidance allows companies to make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In October 2016, the FASB issued ASU 2016-17 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interest Held through Related Parties that Are under Common Control (Topic 810)</font><font style="font-family:inherit;font-size:10pt;"> guidance where a reporting entity will need to evaluate if it should consolidate a VIE. The amendments change the evaluation of whether a reporting entity is the primary beneficiary of a VIE by changing how a single decision maker of a VIE treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-01 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Clarifying the Definition of a Business (Topic 805)</font><font style="font-family:inherit;font-size:10pt;"> guidance that revises the definition of a business. Amongst other things, this new guidance is applicable when evaluating whether an acquisition (disposal) should be treated as either a business acquisition (disposal) or an asset acquisition (disposal). Under the revised guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset or group of similar assets,&#160;the assets acquired would not be considered a business. The revised guidance is effective for reporting periods beginning after December 15, 2017, and the amendments will be applied prospectively. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. While Company's acquisitions have historically been classified as either business combinations or asset acquisitions, certain acquisitions that were classified as business combinations by the Company likely would have been considered asset acquisitions under the new standard. As a result, future transaction costs are more likely to be capitalized since the Company expects most of its future acquisitions to be classified as asset acquisitions under this new standard.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Pending Adoption:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font><font style="font-family:inherit;font-size:10pt;">. Under the revised guidance, an entity is required to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised guidance allows entities to apply either a full retrospective or modified retrospective transition method upon adoption. In July 2015, the FASB finalized a one-year delay of the revised guidance, although entities will be allowed to early adopt the guidance as of the original effective date. The new guidance will be effective in the Company's 2018 fiscal year. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2016, the FASB issued ASU 2016-01</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10).</font><font style="font-family:inherit;font-size:10pt;"> The revised guidance amends the recognition and measurement of financial instruments. The new guidance significantly revises an entity&#8217;s accounting related to equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. Among other things, it also amends the presentation and disclosure requirements associated with the fair value of financial instruments. The revised guidance is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is not permitted for most of the amendments in the update. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</font><font style="font-family:inherit;font-size:10pt;"> (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee.&#160;This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively.&#160;A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification.&#160;Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company&#8217;s consolidated financial statements as the Company has certain operating and land lease arrangements for which it is the lessee.&#160;ASC 842 supersedes the previous leases standard, ASC 840 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases. </font><font style="font-family:inherit;font-size:10pt;">The standard is effective on January 1, 2019, with early adoption permitted.&#160;The Company is in the process of evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU 2016-08</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net).</font><font style="font-family:inherit;font-size:10pt;"> The guidance requires an entity to determine whether the nature of its promise to provide goods or services to a customer is performed in a principal or agent capacity and to recognize revenue in a gross or net manner based on its principal/agent designation. This guidance is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2016, the FASB issued ASU 2016-10 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing</font><font style="font-family:inherit;font-size:10pt;">. The amendments in this update do not change the core principle of the guidance in </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Topic 606</font><font style="font-family:inherit;font-size:10pt;"> but rather, clarify aspects of identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2016, the FASB issued ASU 2016-12 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients</font><font style="font-family:inherit;font-size:10pt;">. The amendments provide clarifying guidance in a few narrow areas and add some practical expedients to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Topic 606</font><font style="font-family:inherit;font-size:10pt;">, which the FASB expects will reduce the potential for diversity arising in practice and reduce the cost and complexity of applying the guidance. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued ASU 2016-15 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230) </font><font style="font-family:inherit;font-size:10pt;">guidance on how certain transactions should be classified and presented in the statement of cash flows as either operating, investing or financing activities. Among other things, the update provides specific guidance on where to classify debt prepayment and extinguishment costs, payments for contingent consideration made after a business combination and distributions received from equity method investments. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2016, the FASB issued ASU 2016-18 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Cash (a consensus of the FASB Emerging Issues Task Force) (Topic 230) </font><font style="font-family:inherit;font-size:10pt;">guidance on the classification of restricted cash in the statement of cash flows. The amendment requires restricted cash to be included in the beginning-of-period and end-of-period total cash amounts. Therefore, transfers between cash and restricted cash will no longer be shown on the statement of cash flows. The guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-04 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other (Topic 350) </font><font style="font-family:inherit;font-size:10pt;">guidance on simplifying subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this update modify the concept of impairment from the condition that exists to when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. The revised guidance is effective for reporting periods beginning after December 15, 2019, and the amendments will be applied prospectively. Early application is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2017, the FASB issued ASU 2017-05, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets </font><font style="font-family:inherit;font-size:10pt;">guidance related to partial sales of non-financial assets, eliminates rules specifically addressing the sales of real estate, clarifies the definition of in substance non-financial assets, removes exception to the financial asset derecognition model and clarifies the accounting for contributions of non-financial assets to joint ventures. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted, but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating the impact of this new guidance.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the accompanying consolidated balance sheets.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="29" rowspan="1"></td></tr><tr><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts Not Offset on the Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts of Recognized Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts of Recognized (Liabilities)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Gross Amounts Offset on the Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net Amounts of Assets (Liabilities) presented on the Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Financial Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cash Collateral Received (Posted)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,292</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,508</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,784</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,784</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,700</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,457</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Global Net Lease, Inc. (the "Company"), formerly known as American Realty Capital Global Trust, Inc., incorporated on </font><font style="font-family:inherit;font-size:10pt;">July&#160;13, 2011</font><font style="font-family:inherit;font-size:10pt;">, is a Maryland corporation that elected and qualified to be taxed as a real estate investment trust ("REIT") for United States ("U.S.") federal income tax purposes beginning with the taxable year ended December 31, 2013. The Company operated as a non-traded REIT through June&#160;1, 2015. On </font><font style="font-family:inherit;font-size:10pt;">June&#160;2, 2015</font><font style="font-family:inherit;font-size:10pt;"> (the "Listing Date"), the Company listed its shares of common stock, </font><font style="font-family:inherit;font-size:10pt;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> par value per share ("Common Stock") on the New York Stock Exchange ("NYSE") under the symbol "GNL" (the "Listing").</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company completed a reverse stock split of the Company&#8217;s Common Stock, OP Units and LTIP Units, at a ratio of </font><font style="font-family:inherit;font-size:10pt;">1</font><font style="font-family:inherit;font-size:10pt;">-for-</font><font style="font-family:inherit;font-size:10pt;">3</font><font style="font-family:inherit;font-size:10pt;"> (the &#8220;Reverse Stock Split&#8221;). No OP Units were issued in connection with the Reverse Stock Split and the Company repurchased any fractional shares outstanding with cash. No payments were made in respect of any fractional OP Units. The Reverse Stock Split was applied to all of the Company&#8217;s outstanding shares of Common Stock and therefore did not affect any stockholder&#8217;s relative ownership percentage. As a result of the Reverse Stock Split, the number of outstanding shares of the Company&#8217;s Common Stock was reduced from </font><font style="font-family:inherit;font-size:10pt;">198.8 million</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">66.3 million</font><font style="font-family:inherit;font-size:10pt;">. In addition, at the market open on </font><font style="font-family:inherit;font-size:10pt;">March&#160;1, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Common Stock was assigned a new CUSIP number.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect this&#160;Reverse Stock Split. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company was formed to primarily acquire a diversified portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net-leased commercial properties. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company owned </font><font style="font-family:inherit;font-size:10pt;">312</font><font style="font-family:inherit;font-size:10pt;"> properties consisting of </font><font style="font-family:inherit;font-size:10pt;">22.2 million</font><font style="font-family:inherit;font-size:10pt;"> rentable square feet, which were </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> leased, with a weighted average remaining lease term of </font><font style="font-family:inherit;font-size:10pt;">9.5</font><font style="font-family:inherit;font-size:10pt;"> years. Based on original purchase price or acquisition value with respect to properties acquired in the Merger (as defined below), </font><font style="font-family:inherit;font-size:10pt;">49.5%</font><font style="font-family:inherit;font-size:10pt;"> of the Company's properties are located in the U.S. and the Commonwealth of Puerto Rico and </font><font style="font-family:inherit;font-size:10pt;">50.5%</font><font style="font-family:inherit;font-size:10pt;"> are located in Europe. The Company may also originate or acquire first mortgage loans secured by real estate. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company did not own any mezzanine loans, preferred equity or securitized loans.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company completed its initial public offering ("IPO") after selling </font><font style="font-family:inherit;font-size:10pt;">57.4 million</font><font style="font-family:inherit;font-size:10pt;"> of its Common Stock, at a price of </font><font style="font-family:inherit;font-size:10pt;">$30.00</font><font style="font-family:inherit;font-size:10pt;"> per share, subject to certain volume and other discounts. In addition, the Company issued an additional </font><font style="font-family:inherit;font-size:10pt;">0.4 million</font><font style="font-family:inherit;font-size:10pt;"> shares pursuant to its dividend reinvestment program (the "DRIP"). On April 7, 2015, in anticipation of the Listing, the Company announced the suspension of the DRIP. On May 7, 2015, the Company filed a post-effective amendment to its registration statement on Form S-11 (File No. </font><font style="font-family:inherit;font-size:10pt;">001-37390</font><font style="font-family:inherit;font-size:10pt;">) (as amended, the "Registration Statement") to deregister the unsold shares registered under the Registration Statement. The Company's DRIP was terminated effective December 9, 2016.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the Listing, the Company offered to purchase up to </font><font style="font-family:inherit;font-size:10pt;">4.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares of its Common Stock at a price of </font><font style="font-family:inherit;font-size:10pt;">$31.50</font><font style="font-family:inherit;font-size:10pt;"> per share (the &#8220;Tender Offer&#8221;). As a result of the Tender Offer, on </font><font style="font-family:inherit;font-size:10pt;">July&#160;6, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company purchased approximately </font><font style="font-family:inherit;font-size:10pt;">4.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares of its Common Stock at a price of </font><font style="font-family:inherit;font-size:10pt;">$31.50</font><font style="font-family:inherit;font-size:10pt;"> per share, for an aggregate amount of </font><font style="font-family:inherit;font-size:10pt;">$125.0 million</font><font style="font-family:inherit;font-size:10pt;">, excluding fees and expenses relating to the Tender Offer and including fractional shares repurchased thereafter.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Substantially all of the Company's business is conducted through Global Net Lease Operating Partnership, L.P. (the "OP"), a Delaware limited partnership. At Listing, the OP had issued </font><font style="font-family:inherit;font-size:10pt;">603,219</font><font style="font-family:inherit;font-size:10pt;"> units of limited partnership interests ("OP Units") to limited partners other than the Company, of which </font><font style="font-family:inherit;font-size:10pt;">487,252</font><font style="font-family:inherit;font-size:10pt;"> OP Units were issued to Global Net Lease Advisors, LLC (the "Advisor") and </font><font style="font-family:inherit;font-size:10pt;">115,967</font><font style="font-family:inherit;font-size:10pt;"> OP Units were issued to Moor Park Capital Partners LLP (the "Service Provider") (see </font><a style="font-family:inherit;font-size:10pt;" href="#s3891C5A8AE855835A6AC7D0F323F8DD1"><font style="font-family:inherit;font-size:10pt;">Note 11</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;">). Subsequent to the Listing, all OP Units issued to the Advisor were transferred to individual investors. In accordance with the limited partnership agreement of the OP, a holder of OP Units has the right to convert OP Units, at the Company's option, for a corresponding number of shares of the Company's Common Stock or the cash value of those corresponding shares. The remaining rights of the limited partner interests are limited and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. On </font><font style="font-family:inherit;font-size:10pt;">September&#160;2, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">421,378</font><font style="font-family:inherit;font-size:10pt;"> of the OP Units were converted into Common Stock, of which </font><font style="font-family:inherit;font-size:10pt;">305,411</font><font style="font-family:inherit;font-size:10pt;"> were issued to individual members and employees of AR Global Investments, LLC (the successor business to AR Capital LLC "AR Global") and </font><font style="font-family:inherit;font-size:10pt;">115,967</font><font style="font-family:inherit;font-size:10pt;"> were issued to the Service Provider. There were </font><font style="font-family:inherit;font-size:10pt;">181,841</font><font style="font-family:inherit;font-size:10pt;"> OP Units outstanding that were held by parties other than the Company as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, all of which were converted into Common Stock on April 3, 2017.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has retained the Advisor to manage the Company's affairs on a day-to-day basis. The properties are managed and leased by Global Net Lease Properties, LLC (the "Property Manager"). The Advisor, Property Manager and Global Net Lease Special Limited Partner, LLC (the "Special Limited Partner") are under common control with the parent of AR Capital Global Holdings, LLC (the "Sponsor"), as a result of which they are related parties. These related parties receive compensation and fees for various services provided to the Company. The Advisor has entered into a service provider agreement with the Service Provider, pursuant to which the Service Provider provides, subject to the Advisor's oversight, certain real estate related services, as well as sourcing and structuring of investment opportunities, performance of due diligence, and arranging debt financing and equity investment syndicates, solely with respect to investments in Europe.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company and American Realty Capital Global Trust II, Inc. ("Global II"), an entity formerly sponsored by an affiliate of the Sponsor, entered into an agreement and plan of merger on August 8, 2016 (the "Merger Agreement"). On </font><font style="font-family:inherit;font-size:10pt;">December&#160;22, 2016</font><font style="font-family:inherit;font-size:10pt;">, pursuant to the Merger Agreement, Global II merged with and into Mayflower Acquisition LLC (the "Merger Sub"), a Maryland limited liability company and wholly owned subsidiary of the Company, at which time the separate existence of Global II ceased and the Company became the parent of the Merger Sub (the "Merger").</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, pursuant to the Merger Agreement, American Realty Capital Global II Operating Partnership, L.P., a Delaware limited partnership and the operating partnership of Global II (the "Global II OP"), merged with the OP, with the OP being the surviving entity (the "Partnership Merger" and together with the Merger, the "Mergers"). As a result of the Mergers, the Company acquired the business of Global II, which immediately prior to the effective time of the Merger, owned a portfolio of commercial properties, including single tenant net-leased commercial properties </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> of which were located in the U.S., </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> of which were located in the United Kingdom and </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> of which were located in continental Europe (see </font><a style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;" href="#s98c2627233024afab3e5b03a154a8c99"><font style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;">Note 3</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Merger Transaction</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company and Global II each were sponsored, directly or indirectly, by the Sponsor. The Sponsor and its affiliates provide or provided asset management services to the Company and Global II pursuant to written advisory agreements. In connection with the Merger Agreement, the Sponsor and its affiliates had the vesting of certain of their restricted interests in Global II and the Global II OP accelerated.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Real Estate Investments, Net</font></div><div style="line-height:174%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Property Acquisitions</font></div><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:4px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the allocation of the assets acquired and liabilities assumed during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> based on contract purchase price, excluding acquisition related costs, based on the exchange rate at the time of purchase. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> acquisitions during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(Dollar amounts in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Real estate investments, at cost:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,443</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Buildings, fixtures and improvements</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,131</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total tangible assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,574</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangibles acquired:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In-place leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,003</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Above market lease assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Below market lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,334</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets acquired, net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,290</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable used to acquire real estate investments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for acquired real estate investments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,290</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of properties purchased</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Dispositions</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company did </font><font style="font-family:inherit;font-size:10pt;">not</font><font style="font-family:inherit;font-size:10pt;"> have any properties that are classified as assets held for sale. The Company did </font><font style="font-family:inherit;font-size:10pt;">not</font><font style="font-family:inherit;font-size:10pt;"> sell any real estate assets during the&#160;</font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company sold its property located in Fort Washington, Pennsylvania for a total contract sales price of </font><font style="font-family:inherit;font-size:10pt;">$13.0 million</font><font style="font-family:inherit;font-size:10pt;"> for a gain of </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">, which is reflected in gains on dispositions of real estate investments in the accompanying consolidated statements of operations for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Also included in gains on dispositions of real estate investments is approximately </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> reduction in the Gain Fee payable to the Advisor as a result of reinvestments during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> (see </font><a style="font-family:inherit;font-size:10pt;" href="#s3891C5A8AE855835A6AC7D0F323F8DD1"><font style="font-family:inherit;font-size:10pt;">Note 11</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212;&#160; </font><font style="font-family:inherit;font-size:10pt;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;"> for details).</font></div><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Future Minimum Rents</font></div><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indices among other items.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future&#160;Minimum</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Base&#160;Rent&#160;Payments </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 (remainder)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">171,422</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">232,008</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">234,884</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">237,695</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">226,038</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">805,696</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,143,360</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">___________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on the exchange rates as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There were no tenants whose annualized rental income on a straight-line basis represented </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> or greater of consolidated annualized rental income on a straight-line basis for all portfolio properties as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;font-weight:normal;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:1px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table lists the countries and states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> of consolidated annualized rental income on a straight-line basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:1px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Country or State</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United Kingdom</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.6%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Texas</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">*</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.4%</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">___________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">*</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Geography's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Related Party Transactions</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Sponsor, the Special Limited Partner and a subsidiary of the Service Provider owned, in the aggregate, </font><font style="font-family:inherit;font-size:10pt;">81,481</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company's outstanding Common Stock. The Advisor, the Service Provider, and their affiliates may incur costs and fees on behalf of the Company. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$3.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5.2 million</font><font style="font-family:inherit;font-size:10pt;"> of receivables from related parties and </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.2 million</font><font style="font-family:inherit;font-size:10pt;"> of payable to related parties, respectively.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is the sole general partner of the OP and holds the majority of OP Units. At Listing, the Advisor held a total of </font><font style="font-family:inherit;font-size:10pt;">487,252</font><font style="font-family:inherit;font-size:10pt;"> OP Units and the Service Provider held a total of </font><font style="font-family:inherit;font-size:10pt;">115,967</font><font style="font-family:inherit;font-size:10pt;"> OP Units. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On </font><font style="font-family:inherit;font-size:10pt;">September&#160;2, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">421,378</font><font style="font-family:inherit;font-size:10pt;"> of the OP Units were converted into Common Stock, of which </font><font style="font-family:inherit;font-size:10pt;">305,411</font><font style="font-family:inherit;font-size:10pt;"> were issued to individual members and employees of AR Global and </font><font style="font-family:inherit;font-size:10pt;">115,967</font><font style="font-family:inherit;font-size:10pt;"> were issued to the Service Provider. There were </font><font style="font-family:inherit;font-size:10pt;">181,841</font><font style="font-family:inherit;font-size:10pt;"> OP Units outstanding that were held by parties other than the Company as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, all of which were converted into Common Stock on April 3, 2017.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">June&#160;2, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Advisor and the Service Provider exchanged </font><font style="font-family:inherit;font-size:10pt;">575,438</font><font style="font-family:inherit;font-size:10pt;"> previously-issued Class B Units for </font><font style="font-family:inherit;font-size:10pt;">575,438</font><font style="font-family:inherit;font-size:10pt;"> OP Units pursuant to the OP Agreement. These OP Units are redeemable for shares of Common Stock of the Company on a one-for-one basis, or the cash value of shares of Common Stock (at the option of the Company), </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> from the Listing Date subject to the terms of the limited partnership agreement of the OP. The Advisor and the OP also entered into a Contribution and Exchange Agreement pursuant to which the Advisor contributed </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;"> in cash to the OP in exchange for </font><font style="font-family:inherit;font-size:10pt;">27,776</font><font style="font-family:inherit;font-size:10pt;"> OP Units. Subsequent to the Listing, such OP Units were transferred to individual investors.The OP made distributions to partners other than the Company of </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, in connection with the OPP, the Company paid&#160;</font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> in distributions related to LTIP Units (as defined in </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Share-Based Compensation</font><font style="font-family:inherit;font-size:10pt;">) during the&#160;</font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, which are included in non-controlling interest in the consolidated statement of changes in equity. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> unpaid distributions relating to LTIP distributions. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A holder of OP Units, other than the Company, has the right to convert OP Units for a corresponding number of shares of the Company's Common Stock, or the cash value equivalent of those corresponding shares, at the Company's option, in accordance with the limited partnership agreement of the OP. The remaining rights of the holders of OP Units are limited, however, and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. AR Global indirectly owns </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of the membership interests in the Advisor and the Company's chief executive officer and president, directly owns the other </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the membership interests in the Advisor.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Realty Capital Securities, LLC (the "Former Dealer Manager") served as the dealer manager of the IPO, which was ongoing from October 2012 to June 2014 and, together with its affiliates, continued to provide the Company with various services through December&#160;31, 2015. RCS Capital Corporation ("RCAP"), the parent company of the Former Dealer Manager and certain of its affiliates that provided services to the Company, filed for Chapter 11 bankruptcy protection in January 2016, prior to which it was also under common control with AR Global, parent of the Sponsor. In May 2016, RCAP and its affiliated debtors emerged from bankruptcy under the new name, Aretec Group, Inc. On March 8, 2017, the creditor trust established in connection with the RCAP bankruptcy filed suit against AR Global, the Advisor, advisors of other entities sponsored by AR Global, and AR Global's principals. The suit alleges, among other things, certain breaches of duties to RCAP. The Company is not named in the suit, nor are there any allegations related to the services the Advisor provides to the Company. The Advisor has informed the Company that it believes that the suit is without merit and intends to defend against it vigorously.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Acquired Related Party Receivable </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As more fully described in </font><a style="font-family:inherit;font-size:10pt;" href="#s98c2627233024afab3e5b03a154a8c99"><font style="font-family:inherit;font-size:10pt;">Note 3</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Merger Transaction</font><font style="font-family:inherit;font-size:10pt;">, the Company acquired a </font><font style="font-family:inherit;font-size:10pt;">$5.1 million</font><font style="font-family:inherit;font-size:10pt;"> receivable from an affiliate of the Advisor which is payable in </font><font style="font-family:inherit;font-size:10pt;">eight</font><font style="font-family:inherit;font-size:10pt;"> equal monthly installments beginning on </font><font style="font-family:inherit;font-size:10pt;">January&#160;15, 2017</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company has received </font><font style="font-family:inherit;font-size:10pt;">$1.9 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fees Paid in Connection With the Operations of the Company </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Until the Listing Date, the Advisor was paid an acquisition fee of </font><font style="font-family:inherit;font-size:10pt;">1.0%</font><font style="font-family:inherit;font-size:10pt;"> of the contract purchase price of each acquired property and </font><font style="font-family:inherit;font-size:10pt;">1.0%</font><font style="font-family:inherit;font-size:10pt;"> of the amount advanced for a loan or other investment and a finance fee equal to </font><font style="font-family:inherit;font-size:10pt;">0.75%</font><font style="font-family:inherit;font-size:10pt;"> of the amount available and/or outstanding under such financing, subject to certain limitations. Solely with respect to investment activities in Europe, the Advisor paid the Service Provider the acquisition fees and financing coordination fees. The Advisor was also reimbursed for insourced expenses incurred in the process of acquiring properties, which were limited to </font><font style="font-family:inherit;font-size:10pt;">0.5%</font><font style="font-family:inherit;font-size:10pt;"> of the contract purchase price and </font><font style="font-family:inherit;font-size:10pt;">0.5%</font><font style="font-family:inherit;font-size:10pt;"> of the amount advanced for a loan or other investment. Additionally, the Company paid third party acquisition expenses. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, until the Listing Date, the Company compensated the Advisor for its asset management services in an amount equal to </font><font style="font-family:inherit;font-size:10pt;">0.75%</font><font style="font-family:inherit;font-size:10pt;"> per annum of the total of: the cost of the Company's assets (cost includes the purchase price, acquisition expenses, capital expenditures and other customarily capitalized costs, but excluding acquisition fees) plus costs and expenses incurred by the Advisor in providing asset management services, less the excess, if any, of dividends over FFO plus acquisition fees expenses and restricted share grant amortization. Until April 1, 2015, as compensation for this arrangement, the Company caused the OP to issue (subject to periodic approval by the board of directors) to the Advisor and Service Provider performance-based restricted partnership units of the OP ("Class B Units"). An aggregate of </font><font style="font-family:inherit;font-size:10pt;">575,438</font><font style="font-family:inherit;font-size:10pt;"> Class B Units were issued to the Advisor and the Service Provider in connection with this arrangement, all of which vested on the Listing Date at a cost of </font><font style="font-family:inherit;font-size:10pt;">$14.5 million</font><font style="font-family:inherit;font-size:10pt;">. Concurrently, the Class B Units were converted to OP Units on a one-to-one basis. The vested value was calculated based, in part, on the closing price of Company's Common Stock on </font><font style="font-family:inherit;font-size:10pt;">June&#160;2, 2015</font><font style="font-family:inherit;font-size:10pt;"> less an estimated discount for the </font><font style="font-family:inherit;font-size:10pt;">one year</font><font style="font-family:inherit;font-size:10pt;"> lock-out period of transferability or liquidity of the OP Units. The Advisor and the Service Provider received distributions on unvested Class B Units equal to the dividend rate received on the Company's Common Stock. The Company records OP Unit distributions in the consolidated statement of changes in equity. Since April 1, 2015, the Advisor has been paid for its asset management services in cash. The performance condition related to these Class B Units was satisfied upon completion of the Listing, and the Class B Units vested.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On the Listing Date, the Company entered into the Fourth Amended and Restated Advisory Agreement (the &#8220;Advisory Agreement&#8221;) by and among the Company, the OP and the Advisor. Under the terms of the Advisory Agreement, the Company pays the Advisor: </font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(i)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">a base fee of </font><font style="font-family:inherit;font-size:10pt;">$18.0 million</font><font style="font-family:inherit;font-size:10pt;"> per annum payable in cash monthly in advance (&#8220;Minimum Base Management Fee&#8221;);</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(ii)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">plus a variable fee, payable monthly in advance in cash, equal to </font><font style="font-family:inherit;font-size:10pt;">1.25%</font><font style="font-family:inherit;font-size:10pt;"> of the cumulative net proceeds realized by the Company from the issuance of any common equity, including any common equity issued in exchange for or conversion of preferred stock or exchangeable notes, as well as, from any other issuances of common, preferred, or other forms of equity of the Company, including units of any operating partnership (&#8220;Variable Base Management Fee&#8221;); and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(iii)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">an incentive fee (&#8220;Incentive Compensation&#8221;), </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> payable in cash and </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> payable in shares of the Company&#8217;s Common Stock (which shares are subject to certain lock up restrictions), equal to: (a) </font><font style="font-family:inherit;font-size:10pt;">15%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s Core AFFO (as defined in the Advisory Agreement) per weighted average share outstanding for the applicable period (&#8220;Core AFFO Per Share&#8221;)(1) in excess of an incentive hurdle based on an annualized Core AFFO Per Share of </font><font style="font-family:inherit;font-size:10pt;">$2.37</font><font style="font-family:inherit;font-size:10pt;">, plus (b) </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Core AFFO Per Share in excess of an incentive hurdle of an annualized Core AFFO Per Share of </font><font style="font-family:inherit;font-size:10pt;">$3.08</font><font style="font-family:inherit;font-size:10pt;">. The </font><font style="font-family:inherit;font-size:10pt;">$2.37</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$3.08</font><font style="font-family:inherit;font-size:10pt;"> incentive hurdles are subject to annual increases of </font><font style="font-family:inherit;font-size:10pt;">1%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;">. The Base Management Fee and the Incentive Compensation are each subject to an annual adjustment.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The annual aggregate amount of the Minimum Base Management Fee and Variable Base Management Fee (collectively, the &#8220;Base Management Fee&#8221;) that may be paid under the Advisory Agreement are subject to varying caps based on assets under management (&#8220;AUM&#8221;)</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font><font style="font-family:inherit;font-size:10pt;">, as defined in the Advisory Agreement.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">_______________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">For purposes of the Advisory Agreement, Core AFFO per share means (i) net income adjusted for the following items (to the extent they are included in net income): (a) real estate related depreciation and amortization; (b) net income from unconsolidated partnerships and joint ventures; (c) one-time costs that the Advisor deems to be non-recurring; (d) non-cash equity compensation (other than any Restricted Share Payments); (e) other non-cash income and expense items; (f) non-cash dividends related to the Class B Units of the OP and certain non-cash interest expenses related to securities that are convertible to Common Stock; (g) gains (or losses) from the sale of investments; (h) impairment losses on real estate; (i) acquisition and transaction related costs; (j) straight-line rent; (k) amortization of above and below market leases assets and liabilities; (l) amortization of deferred financing costs; (m) accretion of discounts and amortization of premiums on debt investments; (n) marked-to-market adjustments included in net income; (o) unrealized gains or losses resulting from consolidation from, or deconsolidation to, equity accounting, and (p) consolidated and unconsolidated partnerships and joint ventures. (ii) divided by the weighted average outstanding shares of Common Stock on a fully diluted basis for such period.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">For purposes of the Advisory Agreement, "AUM" means, for a specified period, an amount equal to (A) (i) the aggregate costs of the Company's investments (including acquisition fees and expenses) at the beginning of such period (before reserves for depreciation of bad debts, or similar non-cash reserves) </font><font style="font-family:inherit;font-size:8pt;font-style:italic;">plus </font><font style="font-family:inherit;font-size:8pt;">(ii) the aggregate cost of he Company's investment at the end of such period (before reserves from depreciation or bad debts, or similar non-cash reserves) divided by (B) two (2). </font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, the per annum aggregate amount of the Base Management Fee and the Incentive Compensation to be paid under the Advisory Agreement is capped at (a) </font><font style="font-family:inherit;font-size:10pt;">1.25%</font><font style="font-family:inherit;font-size:10pt;"> of the AUM for the previous year if AUM is less than or equal to </font><font style="font-family:inherit;font-size:10pt;">$5.0 billion</font><font style="font-family:inherit;font-size:10pt;">; (b) </font><font style="font-family:inherit;font-size:10pt;">0.95%</font><font style="font-family:inherit;font-size:10pt;"> if the AUM is equal to or exceeds </font><font style="font-family:inherit;font-size:10pt;">$15.0 billion</font><font style="font-family:inherit;font-size:10pt;">; or (c) a percentage equal to: (A) </font><font style="font-family:inherit;font-size:10pt;">1.25%</font><font style="font-family:inherit;font-size:10pt;"> less (B) (i) a fraction, (x) the numerator of which is the AUM for such specified period less </font><font style="font-family:inherit;font-size:10pt;">$5.0 billion</font><font style="font-family:inherit;font-size:10pt;"> and (y) the denominator of which is </font><font style="font-family:inherit;font-size:10pt;">$10.0 billion</font><font style="font-family:inherit;font-size:10pt;"> multiplied by (ii) </font><font style="font-family:inherit;font-size:10pt;">0.30%</font><font style="font-family:inherit;font-size:10pt;"> if AUM is greater than </font><font style="font-family:inherit;font-size:10pt;">$5.0 billion</font><font style="font-family:inherit;font-size:10pt;"> but less than </font><font style="font-family:inherit;font-size:10pt;">$15.0 billion</font><font style="font-family:inherit;font-size:10pt;">. The Variable Base Management Fee is also subject to reduction if there is a sale or sales of one or more Investments in a single or series of related transactions exceeding </font><font style="font-family:inherit;font-size:10pt;">$200.0 million</font><font style="font-family:inherit;font-size:10pt;"> and, the special dividend(s) related thereto.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Property Manager provides property management and leasing services for properties owned by the Company, for which the Company pays fees equal to: (i) with respect to stand-alone, single-tenant net leased properties which are not part of a shopping center, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2.0%</font><font style="font-family:inherit;font-size:10pt;"> of gross revenues from the properties managed and (ii) with respect to all other types of properties, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.0%</font><font style="font-family:inherit;font-size:10pt;"> of gross revenues from the properties managed. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For services related to overseeing property management and leasing services provided by any person or entity that is not an affiliate of the Property Manager, the Company pays the Property Manager an oversight fee equal to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1.0%</font><font style="font-family:inherit;font-size:10pt;"> of gross revenues of the property managed. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Solely with respect to the Company's investments in properties located in Europe, the Service Provider receives a portion of the fees payable to the Advisor equal to: (i) with respect to single-tenant net leased properties which are not part of a shopping center, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1.75%</font><font style="font-family:inherit;font-size:10pt;"> of the gross revenues from such properties and (ii) with respect to all other types of properties, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">3.5%</font><font style="font-family:inherit;font-size:10pt;"> of the gross revenues from such properties. The Property Manager is paid </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">0.25%</font><font style="font-family:inherit;font-size:10pt;"> of the gross revenues from European single-tenant net leased properties which are not part of a shopping center and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">0.5%</font><font style="font-family:inherit;font-size:10pt;"> of the gross revenues from all other types of properties, reflecting a split of the oversight fee with the Service Provider. </font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects related party fees incurred, forgiven and contractually due as of and for the periods presented:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="26" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended March 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(Receivable) Payable as of</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Incurred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Forgiven</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Incurred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Forgiven</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">One-time fees and reimbursements:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Related party notes receivable acquired in Merger</font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">&#160;(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(3,211</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(5,138</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fees on gain from sale of investments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">923</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Financing coordination fees </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">16</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Ongoing fees:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Asset management fees </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,190</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,500</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">217</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">447</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Property management and leasing fees </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1,097</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">557</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">913</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">596</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">304</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5) (8)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">252</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5) (8)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total related party operational fees and reimbursements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,287</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">557</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,413</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">596</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(2,367</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(6)</sup>&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(3,500</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(7)</sup>&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">___________________________________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Balance included within related party notes receivable acquired in the Merger on the consolidated balance sheets as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">. In addition, the </font><font style="font-family:inherit;font-size:8pt;">$16,000</font><font style="font-family:inherit;font-size:8pt;"> due from related parties as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;"> relating to RCS Advisory (as defined below) is not included in the table above.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">These related party fees are recorded as deferred financing costs and amortized over the term of the respective financing arrangement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Advisor, in accordance with the Advisory Agreement, received asset management fees in cash equal to one quarter of the the annual Minimum Base Management Fee for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">2016</font><font style="font-family:inherit;font-size:8pt;">, and, the Variable Base Management Fee of </font><font style="font-family:inherit;font-size:8pt;">$0.7 million</font><font style="font-family:inherit;font-size:8pt;"> for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">. There were </font><font style="font-family:inherit;font-size:8pt;">no</font><font style="font-family:inherit;font-size:8pt;"> Variable Base Management Fee for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">. </font><font style="font-family:inherit;font-size:8pt;">No</font><font style="font-family:inherit;font-size:8pt;"> Incentive Compensation was earned for the </font><font style="font-family:inherit;font-size:8pt;">three months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">2016</font><font style="font-family:inherit;font-size:8pt;">. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Advisor waived </font><font style="font-family:inherit;font-size:8pt;">100%</font><font style="font-family:inherit;font-size:8pt;"> of fees from U.S. assets and its allocated portion of fees from European assets. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Balance included within due to related parties on the consolidated balance sheets as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(6)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In addition, as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">, due to related parties include </font><font style="font-family:inherit;font-size:8pt;">$0.3 million</font><font style="font-family:inherit;font-size:8pt;"> of costs accrued for Global II Advisor and transfer agent fees which were assumed through the Merger, </font><font style="font-family:inherit;font-size:8pt;">$36,000</font><font style="font-family:inherit;font-size:8pt;"> of costs accrued for transfer agent fees and </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;"> of costs relating to RCS Advisory (as defined below), which are recorded within general and administrative expenses on the consolidated statements of operations for the </font><font style="font-family:inherit;font-size:8pt;">three</font><font style="font-family:inherit;font-size:8pt;"> months ended </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and are not reflected in the table above.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(7)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In addition, as of </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;"> due to related parties includes </font><font style="font-family:inherit;font-size:8pt;">$0.5 million</font><font style="font-family:inherit;font-size:8pt;"> of accruals, of which </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;"> of costs accrued for transfer agent and personnel services received from the Company's related parties including ANST and </font><font style="font-family:inherit;font-size:8pt;">$0.3 million</font><font style="font-family:inherit;font-size:8pt;"> to Advisor and RCS.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">(8)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Property management and leasing fees receivable of </font><font style="font-family:inherit;font-size:8pt;">$0.1 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$0.1 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">, respectively, are not included in the table above and are included in the prepaid expenses and other assets on the consolidated balance sheets.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reimburses the Advisor's costs of providing administrative services, subject to the limitation that the Company will not reimburse the Advisor for any amount by which the Company's operating expenses (including the asset management fee) at the end of the four preceding fiscal quarters exceeds the greater of (a) </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2.0%</font><font style="font-family:inherit;font-size:10pt;"> of average invested assets and (b) </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">25.0%</font><font style="font-family:inherit;font-size:10pt;"> of net income. Additionally, the Company reimburses the Advisor for expenses of the Advisor and its affiliates incurred on behalf of the Company, except for those expenses that are specifically the responsibility of the Advisor under the Advisory Agreement, including fees and compensation paid to the Service Provider and the Advisor's overhead expenses, rent and travel expenses, professional services fees incurred with respect to the Advisor for the operation of its business, insurance expenses (other than with respect to the Company's directors and officers) and information technology expenses. No reimbursement was incurred from the Advisor for providing services during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In order to improve operating cash flows and the ability to pay dividends from operating cash flows, the Advisor may forgive certain fees including asset management and property management fees or absorb a portion of property operating and general administrative expenses. Because the Advisor may forgive certain fees or absorb a portion of property operating and general administrative expenses, cash flow from operations that would have been paid to the Advisor or applied to property operating and general and administrative expenses may be available to pay dividends to stockholders. The fees that may be forgiven are not deferrals and accordingly, will not be paid to the Advisor. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, the Advisor elected to forgive </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> of the property management fees, respectively. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, there were no property operating and general administrative expenses absorbed by the Advisor. In certain instances, to improve the Company's working capital, the Advisor may elect to absorb a portion of the Company's general and administrative costs or property operating expenses. These absorbed costs are presented net in the accompanying consolidated statements of operations.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The predecessor to the parent of the Sponsor was party to a services agreement with RCS Advisory Services, LLC, a subsidiary of the parent company of the Former Dealer Manager ("RCS Advisory"), pursuant to which RCS Advisory and its affiliates provided the Company and certain other companies sponsored by the Sponsor with services (including, without limitation, transaction management, compliance, due diligence, event coordination and marketing services, among others) on a time and expenses incurred basis or at a flat rate based on services performed. The predecessor to the parent of the Sponsor instructed RCS Advisory to stop providing such services in November 2015 and no services have since been provided by RCS Advisory.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company was also party to a transfer agency agreement with American National Stock Transfer, LLC, a subsidiary of the parent company of the Former Dealer Manager ("ANST"), pursuant to which ANST provided the Company with transfer agency services (including broker and stockholder servicing, transaction processing, year-end IRS reporting and other services), and supervisory services overseeing the transfer agency services performed by DST Systems, Inc., a third-party transfer agent ("DST"). The Sponsor received written notice from ANST on February 10, 2016 that it would wind down operations by the end of the month and would withdraw as the transfer agent effective February 29, 2016. On February 26, 2016, the Company entered into a definitive agreement with DST to provide the Company directly with transfer agency services (including broker and stockholder servicing, transaction processing, year-end IRS reporting and other services). On April 22, 2016, the Company terminated its agreement with DST and entered into a definitive agreement American Stock Transfer and Trust Company, LLC ("AST") appointing AST as the Company's side transfer agent and registrar.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fees Paid in Connection with the Liquidation of the Company's Real Estate Assets</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with any sale or transaction involving any investment, subject to the terms of the Advisory Agreement, the Company will pay to the Advisor a fee in connection with net gain recognized by the Company in connection with the sale or transaction (the "Gain Fee") unless the proceeds of such transaction or series of transaction are reinvested in one or more investments within </font><font style="font-family:inherit;font-size:10pt;">180 days</font><font style="font-family:inherit;font-size:10pt;"> thereafter. The Gain Fees is calculated at the end of each month and paid, to the extent due, with the next installment of the Base Management Fee. The Gain Fee is calculated by aggregating all of the Gains and Losses from the preceding month. The Gain Fee will not be payable if the proceeds of the sale or transaction are reinvested in one or more investments within </font><font style="font-family:inherit;font-size:10pt;">180 days</font><font style="font-family:inherit;font-size:10pt;"> thereafter. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company reinvested proceeds of </font><font style="font-family:inherit;font-size:10pt;">$30.3 million</font><font style="font-family:inherit;font-size:10pt;"> and sold </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> property which resulted in the Gain Fee due to the Advisor of </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. There was </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> Gain Fee for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, the following common share equivalents were excluded from the calculation of diluted earnings per share:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unvested restricted stock</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,429</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62,661</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OP Units </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">181,841</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">603,219</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">OPP (LTIP Units)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,013,933</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,013,933</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total anti-dilutive common share equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,246,203</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,679,813</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">____________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;padding-left:18px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;text-indent:-18px;"><font style="font-family:inherit;font-size:8pt;">As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:8pt;">, OP Units comprised of </font><font style="font-family:inherit;font-size:8pt;">five</font><font style="font-family:inherit;font-size:8pt;"> original OP Units issued to the Advisor, </font><font style="font-family:inherit;font-size:8pt;">27,776</font><font style="font-family:inherit;font-size:8pt;"> issued at Listing and </font><font style="font-family:inherit;font-size:8pt;">575,438</font><font style="font-family:inherit;font-size:8pt;"> of class B Units which were converted into OP Units at Listing. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, </font><font style="font-family:inherit;font-size:8pt;">421,378</font><font style="font-family:inherit;font-size:8pt;"> of OP Units were converted into Common Stock, of which </font><font style="font-family:inherit;font-size:8pt;">305,411</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">115,967</font><font style="font-family:inherit;font-size:8pt;"> belong to individual investors and Service Provider, respectively. There were </font><font style="font-family:inherit;font-size:8pt;">181,841</font><font style="font-family:inherit;font-size:8pt;"> OP Units outstanding that were held by parties other than the Company as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">, all of which were converted into Common Stock on April 3, 2017.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the consideration transferred for the Mergers totaled </font><font style="font-family:inherit;font-size:10pt;">$220.9 million</font><font style="font-family:inherit;font-size:10pt;"> and consisted of the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:82%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of Merger Date</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair value of consideration transferred:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common stock</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">220,868</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total consideration transferred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">220,868</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:4px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the allocation of the assets acquired and liabilities assumed during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> based on contract purchase price, excluding acquisition related costs, based on the exchange rate at the time of purchase. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> acquisitions during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(Dollar amounts in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Real estate investments, at cost:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,443</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Buildings, fixtures and improvements</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,131</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total tangible assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,574</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangibles acquired:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In-place leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,003</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Above market lease assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Below market lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,334</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets acquired, net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,290</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable used to acquire real estate investments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for acquired real estate investments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,290</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of properties purchased</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> consisted of the following:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Encumbered Properties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Outstanding Loan Amount </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Effective Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Country</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Portfolio</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Maturity</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Finland:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Finnair </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,338</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">29,878</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.2%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sep. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Tokmanni</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,952</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,483</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">France:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Auchan </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">8,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">8,732</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Pole Emploi </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,196</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,102</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sagemcom </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">38,349</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">37,768</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Worldline </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,341</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,260</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.9%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DCNS </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">10,148</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">9,994</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">ID Logistics II </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,216</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,046</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.3%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Germany</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Rheinmetall</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.6%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jan. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">OBI DIY</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,807</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,734</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jan. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">RWE AG</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">66,765</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">65,753</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.6%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Rexam</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,619</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,534</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.8%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Metro Tonic</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">28,308</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">27,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">ID Logistics I</font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">&#160;(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,273</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,208</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.0%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Luxembourg:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DB Luxembourg </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">38,456</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">37,873</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Netherlands:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">ING Amsterdam </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">47,002</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">46,290</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total EUR denominated</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">22</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">347,959</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">342,686</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">United Kingdom:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">McDonald's</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">949</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">938</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.1%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wickes Building Supplies I</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,431</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,402</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Everything Everywhere</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,995</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,936</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.0%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thames Water</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7,493</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7,405</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.1%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wickes Building Supplies II</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,060</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,036</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.2%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Northern Rock</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,556</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,479</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sep. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Wickes Building Supplies III</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,373</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.3%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nov. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Provident Financial</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">15,922</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">15,735</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.1%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Feb. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Crown Crest</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">24,039</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">23,757</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.2%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Feb. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aviva</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">19,606</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">19,376</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Mar. 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Bradford &amp; Bingley</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">9,441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">9,330</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Intier Automotive Interiors</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,900</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5,831</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">May 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Capgemini</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,868</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,788</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.2%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fujitsu</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,945</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">30,581</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.2%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Amcor Packaging</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,904</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,858</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fife Council</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,290</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,263</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Malthrust</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,996</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3,949</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Talk Talk </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,721</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">HBOS </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,731</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,652</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DFS Trading</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">12,662</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">12,513</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aug. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">DFS Trading </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,964</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2,930</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aug. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">HP Enterprise Services </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,597</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">11,461</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Aug. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Foster Wheeler</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">49,077</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">48,501</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.6%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Harper Collins</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">35,059</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">34,648</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3.4%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Oct. 2019</font></div></td></tr></table></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Encumbered Properties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Outstanding Loan Amount </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Effective Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Country</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Portfolio</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;border-bottom:1px solid #000000;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Maturity</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">NCR Dundee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">7,043</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,960</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.9%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Apr. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total GBP denominated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">43</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">279,678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">276,395</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">United States:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Quest Diagnostics </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">52,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">52,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Variable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Sep. 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Western Digital</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">17,600</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">17,682</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">5.3%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jul. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">AT&amp;T Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">33,550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">33,550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.9%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Variable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Dec. 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">FedEx Freight </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,165</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6,165</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.5%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Veolia Water </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4,110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">4.5%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2021</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Puerto Rico:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Encanto Restaurants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">18</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">21,474</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">21,599</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">6.3%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Fixed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Jun. 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total USD denominated</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">23</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">135,699</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">135,906</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Gross mortgage notes payable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">88</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">763,336</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">754,987</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.8%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Deferred financing costs, net of accumulated amortization</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(4,726</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(5,103</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Mortgage notes payable, net of deferred financing costs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">88</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">758,610</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">749,884</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2.8%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">_______________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">Amounts borrowed in local currency and translated at the spot rate as of the respective measurement date.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">Fixed as a result of an interest rate swap agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">The interest rate is </font><font style="font-family:inherit;font-size:7pt;">2.0%</font><font style="font-family:inherit;font-size:7pt;"> plus 1-month LIBOR.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">The interest rate is </font><font style="font-family:inherit;font-size:7pt;">2.0%</font><font style="font-family:inherit;font-size:7pt;"> plus 1-month Adjusted LIBOR as defined in the mortgage agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;">New mortgages acquired as part of the Merger on the Merger Date.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:74%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of loss recognized in accumulated other comprehensive income (loss)</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</font><font style="font-family:inherit;font-size:10pt;">from derivatives (effective portion)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,983</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,566</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of loss reclassified from accumulated other comprehensive income (loss) into income as interest expense (effective portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,472</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,259</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of gain (loss) recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(30</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9.4pt;"><font style="font-family:inherit;font-size:9.4pt;">Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9.4pt;"><font style="font-family:inherit;font-size:9.4pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9.4pt;"><font style="font-family:inherit;font-size:9.4pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivatives designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR-USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">886</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">972</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,254</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,868</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,328</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,003</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative liabilities, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,805</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,595</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative liabilities, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,554</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,262</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,109</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,986</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivatives not designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (GBP-USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,314</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR-USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,729</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,108</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">56</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">131</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Put options (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">392</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">477</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative assets, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">479</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">831</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative liabilities, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,149</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,600</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,675</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,257</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding foreign cross currency derivatives that were used to hedge its net investments in foreign operations:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (GBP - USD) </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,346</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,626</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross currency swaps (EUR - USD)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,542</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,957</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency forwards (EUR-USD)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109,988</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,683</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a summary of the basic and diluted net income (loss) per share computation for the periods presented:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands, except share and per share data)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to stockholders</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,429</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,488</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustments to net income attributable to stockholders for common share equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(185</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(195</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjusted net income attributable to stockholders</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,244</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,293</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net income per share attributable to stockholders</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.11</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.11</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted weighted average shares outstanding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66,271,008</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">56,312,211</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The effects of these revisions are summarized below:</font></div><div style="line-height:120%;padding-bottom:2px;padding-top:2px;text-align:right;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;text-align:-moz-right;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;margin-left:auto;margin-right:0;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As originally Reported</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As Revised</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three months ended March 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,996</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,930</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Designated derivatives, fair value adjustments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,316</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,930</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,386</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total OCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,320</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,320</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:4px;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indices among other items.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future&#160;Minimum</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Base&#160;Rent&#160;Payments </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 (remainder)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">171,422</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">232,008</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">234,884</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">237,695</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">226,038</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">805,696</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,143,360</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">___________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on the exchange rates as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future minimum rental payments to be made by the Company under these noncancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows: </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future Ground </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lease Payments</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 (remainder)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">960</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,129</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,489</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk: </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Number of </font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-align:center;">Instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (GBP)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">479,790</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">474,161</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate swaps (EUR)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">437,849</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">431,213</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">917,639</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">905,374</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents future scheduled aggregate principal payments on the gross mortgage notes payable over the next five calendar years and thereafter as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:82%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future Principal Payments </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 (remainder)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,661</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">128,121</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">265,214</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305,276</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,064</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">763,336</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">_________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on the exchange rates as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:8pt;">.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, including all measurement period adjustments as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(Dollar amounts in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Global II</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total consideration:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value of Company's shares of common stock issued, net of fractional shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">220,868</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets Acquired at Fair Value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,921</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Buildings, fixtures and improvements</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">390,542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquired intangible lease assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">112,866</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total real estate investments, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">574,329</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives, at fair value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,808</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid expenses and other assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,317</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related party notes receivable acquired in Merger</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,138</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due from related parties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,463</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">368</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill and other intangible assets, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,282</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Assets Acquired at Fair Value</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">622,280</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liabilities Assumed at Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage notes payable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">279,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mortgage (discount) premium, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,724</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mezzanine facility</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107,047</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mezzanine discount, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(26</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquired intangible lease liabilities, net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,516</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives, at fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,911</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued expenses</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,212</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid rent</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,001</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liability</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,763</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Taxes payable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,661</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividend payable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Liabilities Assumed at Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">420,395</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net assets acquired excluding cash</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">201,885</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash acquired on acquisition</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,983</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:1px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table lists the countries and states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> of consolidated annualized rental income on a straight-line basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:1px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Country or State</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United Kingdom</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.6%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Texas</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">*</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.4%</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">___________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">*</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Geography's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Summary of Significant Accounting Policies</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements of the Company included herein were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to this Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished includes all adjustments and accruals of a normal recurring nature, which, in the opinion of management, are necessary for a fair statement of results for the interim periods. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results for the entire year or any subsequent interim period. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, which are included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;">. There have been no significant changes to the Company's significant accounting policies during the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, other than the updates described below and the subsequent notes.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Principles of Consolidation</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements include the accounts of the Company, the OP and its subsidiaries. All inter-company accounts and transactions are eliminated in consolidation. In determining whether the Company has a controlling financial interest in a joint venture and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, authority to make decisions and contractual and substantive participating rights of the other partners or members as well as whether the entity is a variable interest entity ("VIE") for which the Company is the primary beneficiary. The Company has determined that the OP is a VIE of which the Company is the primary beneficiary. Substantially all of the Company's assets and liabilities are held by the OP.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company qualified to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the taxable year ended December&#160;31, 2013. Commencing with such taxable year, the Company was organized to operate in such a manner as to qualify for taxation as a REIT under the Code. The Company intends to continue to operate in such a manner to continue to qualify for taxation as a REIT, but no assurance can be given that it will operate in a manner so as to remain qualified as a REIT. As a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes annually all of its REIT taxable income. REIT's are subject to a number of other organizational and operational requirements. The Company conducts business in various states and municipalities within the U.S. (including Puerto Rico), United Kingdom and continental Europe and, as a result, the Company or one of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and certain foreign jurisdictions. As a result, the Company may be subject to certain federal, state, local and foreign taxes on its income and assets, including alternative minimum taxes, taxes on any undistributed income and state, local or foreign income, franchise, property and transfer taxes. Any of these taxes decrease Company's earnings and available cash.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> In addition, the Company's international assets and operations, including those designated as direct or indirect qualified REIT subsidiaries or other disregarded entities of a REIT, continue to be subject to taxation in the foreign jurisdictions where those assets are held or those operations are conducted. During the period from July 13, 2011 (date of inception) to December 31, 2012, the Company elected to be taxed as a corporation, pursuant to which income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recorded for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax basis of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards, using expected tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on technical merits, that the position will be sustained upon examination. Because, the Company elected and qualified to be taxed as a REIT commencing with the taxable year ended December&#160;31, 2013, it does not anticipate that any applicable deferred tax assets or liabilities will be realized.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant judgment is required in determining the Company's tax provision and in evaluating its tax positions. The Company establishes tax reserves based on a benefit recognition model, which the Company believes could result in a greater amount of benefit (and a lower amount of reserve) being initially recognized in certain circumstances. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50 percent likely of being ultimately realized upon settlement. The Company derecognizes the tax position when the likelihood of the tax position being sustained is no longer more likely than not.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes deferred income taxes in certain of its subsidiaries taxable in the U.S. or in foreign jurisdictions. Deferred income taxes are generally the result of temporary differences (items that are treated differently for tax purposes than for GAAP purposes). In addition, deferred tax assets arise from unutilized tax net operating losses, generated in prior years. The Company provides a valuation allowance against its deferred income tax assets when it believes that it is more likely than not that all or some portion of the deferred income tax asset may not be realized. Whenever a change in circumstances causes a change in the estimated realizability of the related deferred income tax asset, the resulting increase or decrease in the valuation allowance is included in deferred income tax expense (benefit).</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company derives most of its REIT taxable income from its real estate operations in the U.S. and has historically distributed all of its REIT taxable income to its shareholders. As such, the Company's real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations may be subject to certain state, local, and foreign taxes, as applicable.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's deferred tax assets and liabilities are primarily the result of temporary differences related to the following:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basis differences between tax and GAAP for certain international real estate investments. For income tax purposes, in certain acquisitions, the Company assumes the seller&#8217;s basis, or the carry-over basis, in the acquired assets. The carry-over basis is typically lower than the purchase price, or the GAAP basis, resulting in a deferred tax liability with an offsetting increase to goodwill or the acquired tangible or intangible assets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Timing differences generated by differences in the GAAP basis and the tax basis of assets such as those related to capitalized acquisition costs and depreciation expense; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tax net operating losses in certain subsidiaries, including those domiciled in foreign jurisdictions that may be realized in future periods if the respective subsidiary generates sufficient taxable income.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes current income tax expense for state and local income taxes and taxes incurred in its foreign jurisdictions. The Company's current income tax expense fluctuates from period to period based primarily on the timing of its taxable income. For the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized an income tax expense of </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Deferred income tax (expense) benefit is generally a function of the period&#8217;s temporary differences and the utilization of net operating losses generated in prior years that had been previously recognized as deferred income tax assets from state and local taxes in the U.S. or in foreign jurisdictions.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revision to previously issued financial statements</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the six months ended June 30, 2016, the Company identified errors in the preparation of its consolidated statements of comprehensive income (loss) and consolidated statement of changes in equity since 2014 which impacted the quarterly financial statements for the periods ended March 31, June 30 and September 30, 2015 and 2014 and the years ended December 31, 2015 and 2014. Specifically, the Company had been reflecting the fair value adjustments for its cross currency derivatives designated as net investment hedges on its foreign investments as part of &#8220;Designated derivatives - fair value adjustments&#8221; within Other Comprehensive Income ("OCI") rather than treating them as part of &#8220;Cumulative translation adjustments&#8221; also in OCI consistent with the treatment of the hedged item as required by ASC 815. The Company concluded that the errors noted above were not material to any historical periods presented. However, in order to correctly present the cumulative translation adjustment and designated derivatives, fair value adjustment in the appropriate period, management revised previously issued financial statements. The Company has revised its presentations of OCI for the first quarter of 2017 for comparative purposes. The effects of these revisions are summarized below:</font></div><div style="line-height:120%;padding-bottom:2px;padding-top:2px;text-align:right;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;text-align:-moz-right;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;margin-left:auto;margin-right:0;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As originally Reported</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As Revised</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three months ended March 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,996</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,930</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Designated derivatives, fair value adjustments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,316</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,930</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,386</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total OCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,320</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,320</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Out-of-period adjustments</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first and second quarters of 2015, the Company had recorded the following out-of period adjustments to correct errors from prior periods: (i) additional rental income and accrued rent of </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> related to the straight-line rent effect of correctly including termination payments required under leases with cancellation clauses that were considered probable when assessing the lease term and (ii) additional taxes of </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> representing current foreign taxes payable of </font><font style="font-family:inherit;font-size:10pt;">$1.2 million</font><font style="font-family:inherit;font-size:10pt;"> and a deferred tax asset of </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;">, both relating to 2014. The Company also recorded an out-of-period adjustment in the fourth quarter 2015 to correct an additional error in income taxes of </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> relating to 2014 which resulted from errors in estimating its income tax expense. The Company concluded that these adjustments were not material to the financial position or results of operations for the current period or any of the prior periods, accordingly, the Company recorded the related adjustments in the periods they were identified during the year ended December 31, 2015.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, the Company identified errors in accounting for certain cross currency derivatives that were no longer designated as hedges subsequent to their restructuring on February 4, 2015 (see </font><a style="font-family:inherit;font-size:10pt;" href="#s744420D8E6EE501391742A3269E7FDD6"><font style="font-family:inherit;font-size:10pt;">Note 8</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Derivatives and Hedging Activities</font><font style="font-family:inherit;font-size:10pt;">). Gains that should have been included in net income (loss) were instead included in other comprehensive income (loss) of approximately </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> during the three month period ended March 31, 2015. The Company has concluded that this adjustment is not material to the financial position or results of operations for the prior periods. The Company recorded the related adjustment in the period it was identified during the year ended December 31, 2015.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Listing Note</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concurrent with the Listing, the Company, as the general partner of the OP, caused the OP, subject to the terms of the Second Amended and Restated Limited Partnership Agreement, to issue a note (the "Listing Note") to the Special Limited Partner, to evidence the OP&#8217;s obligation to distribute to the Special Limited Partner an aggregate amount (the "Listing Amount") equal to </font><font style="font-family:inherit;font-size:10pt;">15.0%</font><font style="font-family:inherit;font-size:10pt;"> of the difference (to the extent the result is a positive number) between:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the sum of (i) the "market value" (as defined in the Listing Note) of all of the Company&#8217;s outstanding shares of Common Stock plus (ii) the sum of all distributions or dividends (from any source) paid by the Company to its stockholders prior to the Listing; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the sum of (i) the total amount raised in the Company&#8217;s IPO and its DRIP prior to the Listing ("Gross Proceeds") plus (ii) the total amount of cash that, if distributed to those stockholders who purchased shares in the IPO and under the DRIP, would have provided those stockholders a </font><font style="font-family:inherit;font-size:10pt;">6.0%</font><font style="font-family:inherit;font-size:10pt;"> cumulative, non-compounded, pre-tax annual return (based on a </font><font style="font-family:inherit;font-size:10pt;">365</font><font style="font-family:inherit;font-size:10pt;">-day year) on the Gross Proceeds. </font></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The market value used to calculate the Listing Amount was not determinable until January 2016, which was the end of a measurement period of </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> consecutive trading days, that commenced on the </font><font style="font-family:inherit;font-size:10pt;">180th</font><font style="font-family:inherit;font-size:10pt;"> calendar day following the Listing. The Special Limited Partner had the right to receive distributions of Net Sales Proceeds, as defined in the Listing Note, until the Listing Note is paid in full; provided that, the Special Limited Partner had the right, but not the obligation, to convert the entire special limited partner interest into OP Units. Those OP Units would be convertible for the cash value of a corresponding number of shares of Common Stock or, at the Company's option, a corresponding number of shares of Common Stock in accordance with the terms contained in the Second Amended and Restated Limited Partnership Agreement. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Until the amount of the Listing Note was determined, the Listing Note was considered a liability which was marked to fair value at each reporting date, with changes in the fair value recorded in the consolidated statements of operations. The final value of the Listing Note on maturity at January 2016 was determined to be </font><font style="font-family:inherit;font-size:10pt;">zero</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Multi-Year Outperformance Agreement </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concurrent with the Listing and modifications to the Advisor agreement, the Company entered into a Multi-Year Outperformance Agreement (the &#8220;OPP&#8221;) with the OP and the Advisor (see </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8212; </font><font style="font-family:inherit;font-size:10pt;">Share-Based Compensation</font><font style="font-family:inherit;font-size:10pt;">). The Company records equity based compensation expense associated with the awards over the requisite service period of </font><font style="font-family:inherit;font-size:10pt;">five years</font><font style="font-family:inherit;font-size:10pt;">. The cumulative equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Adopted:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU 2016-05 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Derivatives and Hedging (Topic 815)</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships</font><font style="font-family:inherit;font-size:10pt;">. Under the new guidance, the novation of a derivative contract in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The guidance is effective for fiscal years beginning after December 15, 2016, and interim periods therein. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued an update on ASU 2016-09</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.</font><font style="font-family:inherit;font-size:10pt;"> The guidance changes the accounting for certain aspects of share-based compensation. Among other things, the revised guidance allows companies to make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In October 2016, the FASB issued ASU 2016-17 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interest Held through Related Parties that Are under Common Control (Topic 810)</font><font style="font-family:inherit;font-size:10pt;"> guidance where a reporting entity will need to evaluate if it should consolidate a VIE. The amendments change the evaluation of whether a reporting entity is the primary beneficiary of a VIE by changing how a single decision maker of a VIE treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-01 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Clarifying the Definition of a Business (Topic 805)</font><font style="font-family:inherit;font-size:10pt;"> guidance that revises the definition of a business. Amongst other things, this new guidance is applicable when evaluating whether an acquisition (disposal) should be treated as either a business acquisition (disposal) or an asset acquisition (disposal). Under the revised guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset or group of similar assets,&#160;the assets acquired would not be considered a business. The revised guidance is effective for reporting periods beginning after December 15, 2017, and the amendments will be applied prospectively. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. While Company's acquisitions have historically been classified as either business combinations or asset acquisitions, certain acquisitions that were classified as business combinations by the Company likely would have been considered asset acquisitions under the new standard. As a result, future transaction costs are more likely to be capitalized since the Company expects most of its future acquisitions to be classified as asset acquisitions under this new standard.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Pending Adoption:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font><font style="font-family:inherit;font-size:10pt;">. Under the revised guidance, an entity is required to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised guidance allows entities to apply either a full retrospective or modified retrospective transition method upon adoption. In July 2015, the FASB finalized a one-year delay of the revised guidance, although entities will be allowed to early adopt the guidance as of the original effective date. The new guidance will be effective in the Company's 2018 fiscal year. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2016, the FASB issued ASU 2016-01</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10).</font><font style="font-family:inherit;font-size:10pt;"> The revised guidance amends the recognition and measurement of financial instruments. The new guidance significantly revises an entity&#8217;s accounting related to equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. Among other things, it also amends the presentation and disclosure requirements associated with the fair value of financial instruments. The revised guidance is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is not permitted for most of the amendments in the update. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</font><font style="font-family:inherit;font-size:10pt;"> (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee.&#160;This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively.&#160;A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification.&#160;Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company&#8217;s consolidated financial statements as the Company has certain operating and land lease arrangements for which it is the lessee.&#160;ASC 842 supersedes the previous leases standard, ASC 840 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases. </font><font style="font-family:inherit;font-size:10pt;">The standard is effective on January 1, 2019, with early adoption permitted.&#160;The Company is in the process of evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU 2016-08</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net).</font><font style="font-family:inherit;font-size:10pt;"> The guidance requires an entity to determine whether the nature of its promise to provide goods or services to a customer is performed in a principal or agent capacity and to recognize revenue in a gross or net manner based on its principal/agent designation. This guidance is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2016, the FASB issued ASU 2016-10 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing</font><font style="font-family:inherit;font-size:10pt;">. The amendments in this update do not change the core principle of the guidance in </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Topic 606</font><font style="font-family:inherit;font-size:10pt;"> but rather, clarify aspects of identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2016, the FASB issued ASU 2016-12 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients</font><font style="font-family:inherit;font-size:10pt;">. The amendments provide clarifying guidance in a few narrow areas and add some practical expedients to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Topic 606</font><font style="font-family:inherit;font-size:10pt;">, which the FASB expects will reduce the potential for diversity arising in practice and reduce the cost and complexity of applying the guidance. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued ASU 2016-15 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230) </font><font style="font-family:inherit;font-size:10pt;">guidance on how certain transactions should be classified and presented in the statement of cash flows as either operating, investing or financing activities. Among other things, the update provides specific guidance on where to classify debt prepayment and extinguishment costs, payments for contingent consideration made after a business combination and distributions received from equity method investments. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2016, the FASB issued ASU 2016-18 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Cash (a consensus of the FASB Emerging Issues Task Force) (Topic 230) </font><font style="font-family:inherit;font-size:10pt;">guidance on the classification of restricted cash in the statement of cash flows. The amendment requires restricted cash to be included in the beginning-of-period and end-of-period total cash amounts. Therefore, transfers between cash and restricted cash will no longer be shown on the statement of cash flows. The guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-04 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other (Topic 350) </font><font style="font-family:inherit;font-size:10pt;">guidance on simplifying subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this update modify the concept of impairment from the condition that exists to when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. The revised guidance is effective for reporting periods beginning after December 15, 2019, and the amendments will be applied prospectively. Early application is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of this new guidance.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2017, the FASB issued ASU 2017-05, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets </font><font style="font-family:inherit;font-size:10pt;">guidance related to partial sales of non-financial assets, eliminates rules specifically addressing the sales of real estate, clarifies the definition of in substance non-financial assets, removes exception to the financial asset derecognition model and clarifies the accounting for contributions of non-financial assets to joint ventures. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted, but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating the impact of this new guidance.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Common Stock</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company listed its Common Stock on the NYSE under the symbol "GNL" on </font><font style="font-family:inherit;font-size:10pt;">June&#160;2, 2015</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">66,269,225</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">66,258,559</font><font style="font-family:inherit;font-size:10pt;">, respectively, shares of Common Stock outstanding, including shares issued under the DRIP, but not including unvested restricted shares, the OP Units issued to limited partners other than the Company or long-term incentive units issued in accordance with the OPP which are currently, or may be in the future, convertible into shares of Common Stock. On September 2, 2016, </font><font style="font-family:inherit;font-size:10pt;">421,378</font><font style="font-family:inherit;font-size:10pt;"> OP Units were converted to Common Stock, of which </font><font style="font-family:inherit;font-size:10pt;">305,411</font><font style="font-family:inherit;font-size:10pt;"> were issued to individual investors and employees of AR Global and </font><font style="font-family:inherit;font-size:10pt;">115,967</font><font style="font-family:inherit;font-size:10pt;"> were issued to the Service Provider. There were </font><font style="font-family:inherit;font-size:10pt;">181,841</font><font style="font-family:inherit;font-size:10pt;"> OP Units outstanding that were held by parties other than the Company as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, all of which were converted into Common Stock on April 3, 2017. This eliminates any non-controlling interest and any related allocations prospectively. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, in connection with the Merger Agreement, each outstanding share of Global II Common Stock, including restricted shares, other than shares owned by the Company or any wholly owned subsidiary of Global II, was converted into the right to receive </font><font style="font-family:inherit;font-size:10pt;">2.27</font><font style="font-family:inherit;font-size:10pt;"> shares of Common Stock of the Company in connection with the Mergers. Additionally, all outstanding Global II OP Units were converted into the right to receive </font><font style="font-family:inherit;font-size:10pt;">2.27</font><font style="font-family:inherit;font-size:10pt;"> shares of Company's Common Stock.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company issued </font><font style="font-family:inherit;font-size:10pt;">9.6 million</font><font style="font-family:inherit;font-size:10pt;"> of its Common Stock as consideration in the Merger. Based upon the closing price of the shares of the Company's Common Stock on December&#160;21, 2016, as reported on the NYSE, the aggregate value of the Merger Consideration paid to former holders of Global II Common Stock and former holders of units of Global II OP Units was </font><font style="font-family:inherit;font-size:10pt;">$220.9 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company completed a Reverse Stock Split of the Company&#8217;s Common Stock, OP Units and LTIP Units, at a ratio of </font><font style="font-family:inherit;font-size:10pt;">1</font><font style="font-family:inherit;font-size:10pt;">-for-</font><font style="font-family:inherit;font-size:10pt;">3</font><font style="font-family:inherit;font-size:10pt;"> (see </font><a style="font-family:inherit;font-size:10pt;" href="#s8420EF50D0F95C4C83BE288D4ED418E4"><font style="font-family:inherit;font-size:10pt;">Note 1</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Organization</font><font style="font-family:inherit;font-size:10pt;"> for details).</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Monthly Dividends and Change to Payment Dates</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company pays dividends on the 15th day of each month at a rate of </font><font style="font-family:inherit;font-size:10pt;">$0.1775</font><font style="font-family:inherit;font-size:10pt;"> per share to stockholders of record as of close of business on the 8th day of such month. The Company's board of directors may alter the amounts of dividends paid or suspend dividend payments at any time and therefore dividend payments are not assured. For purposes of the presentation of information herein, the Company may refer to distributions by the OP on OP Units and LTIP Units (as defined in </font><a style="font-family:inherit;font-size:10pt;" href="#s39912742469E5AD38CCA289D1B4EF52B"><font style="font-family:inherit;font-size:10pt;">Note 13</font></a><font style="font-family:inherit;font-size:10pt;"> &#8212; </font><font style="font-family:inherit;font-size:10pt;">Share-Based Compensation</font><font style="font-family:inherit;font-size:10pt;">) as dividends.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Subsequent Events</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q, and determined that there have not been any events that have occurred that would require adjustments to, or disclosures in the consolidated financial statements, except for as previously disclosed.</font></div></div> EX-101.SCH 6 gnl-20170331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2110100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Commitments and Contingencies - Operating Ground Leases (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Common Stock link:presentationLink link:calculationLink link:definitionLink 2409401 - Disclosure - Common Stock - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1005000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Credit Borrowings link:presentationLink link:calculationLink link:definitionLink 2405401 - Disclosure - Credit Borrowings - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Derivatives and Hedging Activities link:presentationLink link:calculationLink link:definitionLink 2408408 - Disclosure - Derivatives and Hedging Activities - Disclosure of Credit Derivatives (Details) link:presentationLink link:calculationLink link:definitionLink 2408407 - Disclosure - Derivatives and Hedging Activities - Foreign Cross Currency Derivatives (Details) link:presentationLink link:calculationLink link:definitionLink 2408404 - Disclosure - Derivatives and Hedging Activities - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2408403 - Disclosure - Derivatives and Hedging Activities - Offsetting Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2408406 - Disclosure - Derivatives and Hedging Activities - Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance (Details) link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Derivatives and Hedging Activities - Schedule of Derivatives in Statement of Financial Position, Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 2408405 - Disclosure - Derivatives and Hedging Activities - Schedule of Interest Rate Derivatives (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Derivatives and Hedging Activities (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2114100 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 2414403 - Disclosure - Earnings Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2414402 - Disclosure - Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) link:presentationLink link:calculationLink link:definitionLink 2314301 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2112100 - Disclosure - Economic Dependency link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Fair Value of Financial Instruments link:presentationLink link:calculationLink link:definitionLink 2407405 - Disclosure - Fair Value of Financial Instruments - Fair Value, by Balance Sheet Grouping (Details) link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Fair Value of Financial Instruments - Fair Value, Financial Instruments Measured on Recurring Basis (Details) link:presentationLink link:calculationLink link:definitionLink 2407403 - Disclosure - Fair Value of Financial Instruments - Level 3 Reconciliation (Details) link:presentationLink link:calculationLink link:definitionLink 2407404 - Disclosure - Fair Value of Financial Instruments - Quantitative Level 3 Inputs (Details) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - Fair Value of Financial Instruments (Tables) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Merger Transaction link:presentationLink link:calculationLink link:definitionLink 2403404 - Disclosure - Merger Transaction - Fair Value of Assets Acquired and Liabilities Assumed (Details) link:presentationLink link:calculationLink link:definitionLink 2403403 - Disclosure - Merger Transaction - Fair Value of Consideration (Details) link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Merger Transaction - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Merger Transaction (Tables) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Mortgage Notes Payable link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Mortgage Notes Payable - Schedule of Long-term Debt Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 2406403 - Disclosure - Mortgage Notes Payable - Schedule of Maturities of Long-term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Mortgage Notes Payable (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Organization link:presentationLink link:calculationLink link:definitionLink 2401401 - Disclosure - Organization - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Real Estate Investments, Net link:presentationLink link:calculationLink link:definitionLink 2404403 - Disclosure - Real Estate Investments, Net - Dispositions (Details) link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Real Estate Investments, Net - Schedule of Business Acquisitions, by Acquisition (Details) link:presentationLink link:calculationLink link:definitionLink 2404404 - Disclosure - Real Estate Investments, Net - Schedule of Future Minimum Rental Payments for Operating Leases (Details) link:presentationLink link:calculationLink link:definitionLink 2404405 - Disclosure - Real Estate Investments, Net - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Real Estate Investments, Net (Tables) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 2411402 - Disclosure - Related Party Transactions - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2411403 - Disclosure - Related Party Transactions - Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services (Details) link:presentationLink link:calculationLink link:definitionLink 2311301 - Disclosure - Related Party Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 2113100 - Disclosure - Share-Based Compensation link:presentationLink link:calculationLink link:definitionLink 2413402 - Disclosure - Share-Based Compensation - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2413403 - Disclosure - Share-Based Compensation - Schedule of Share-based Compensation Arrangements by Share-based Payment Award (Details) link:presentationLink link:calculationLink link:definitionLink 2413404 - Disclosure - Share-Based Compensation - Schedule of Total Return (Details) link:presentationLink link:calculationLink link:definitionLink 2313301 - Disclosure - Share-Based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Summary of Significant Accounting Policies - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2402404 - Disclosure - Summary of Significant Accounting Policies - Schedule of Error Corrections (Details) link:presentationLink link:calculationLink link:definitionLink 2302302 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 gnl-20170331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 8 gnl-20170331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 9 gnl-20170331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Statement of Financial Position [Abstract] Assets [Abstract] Real estate investments, at cost: Real Estate Investment Property, at Cost [Abstract] Land SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land Buildings, fixtures and improvements Investment Building and Building Improvements Acquired intangible lease assets Finite-Lived Intangible Asset, Acquired-in-Place Leases Total real estate investments, at cost Real Estate Investment Property, at Cost Less accumulated depreciation and amortization Real Estate Investment Property, Accumulated Depreciation Total real estate investments, net Real Estate Investment Property, Net Cash and cash equivalents Cash Restricted cash Restricted Cash and Cash Equivalents Derivatives, at fair value (Note 8) Derivative Asset, Fair Value, Gross Asset Unbilled straight-line rent Incentive to Lessee Prepaid expenses and other assets Prepaid Expense and Other Assets Related party notes receivable acquired in Merger (Note 3) Due from Related Parties Due from related parties Due from Affiliates Deferred tax assets Deferred Tax Assets, Net Goodwill and other intangible assets, net Intangible Assets, Net (Including Goodwill) Deferred financing costs, net Debt Issuance Costs, Noncurrent, Net Total assets Assets Liabilities and Equity [Abstract] Mortgage notes payable, net of deferred financing costs ($4,726 and $5,103 for March 31, 2017 and December 31, 2016, respectively) Secured Debt Mortgage (discount) premium, net Debt Instrument, Unamortized Discount (Premium), Net Credit facility Long-term Line of Credit Mezzanine facility, net of discount Long-term Debt Below-market lease liabilities, net Off-market Lease, Unfavorable Derivatives, at fair value (Note 8) Derivative Liability Due to related parties Due to Affiliate Accounts payable and accrued expenses Accounts Payable and Accrued Liabilities Prepaid rent Deferred Revenue, Leases, Gross Deferred tax liability Deferred Tax Liabilities, Net Taxes payable Taxes Payable Dividends payable Dividends Payable Total liabilities Liabilities Commitments and contingencies (Note 10) Commitments and Contingencies Equity: Stockholders' Equity Attributable to Parent [Abstract] Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding Preferred Stock, Value, Issued Common stock, $0.01 par value, 300,000,000 shares authorized, 66,269,225 and 66,258,559 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively Common Stock, Value, Issued Additional paid-in capital Additional Paid in Capital Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated deficit Retained Earnings (Accumulated Deficit) Total stockholders' equity Stockholders' Equity Attributable to Parent Non-controlling interest Stockholders' Equity Attributable to Noncontrolling Interest Total equity Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Total liabilities and equity Liabilities and Equity Derivative Instruments and Hedging Activities Disclosure [Abstract] Schedule of Derivative Instruments in Statement of Financial Position, Fair Value Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] Offsetting Assets Offsetting Assets [Table Text Block] Schedule of Interest Rate Derivatives Schedule of Interest Rate Derivatives [Table Text Block] Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance Derivative Instruments, Gain (Loss) [Table Text Block] Schedule of Foreign Cross Currency Derivatives Schedule of Derivative Instruments [Table Text Block] Disclosure of Credit Derivatives Disclosure of Credit Derivatives [Table Text Block] Equity [Abstract] Common Stock Stockholders' Equity Note Disclosure [Text Block] Debt Disclosure [Abstract] Mortgage Notes Payable Mortgage Notes Payable Disclosure [Text Block] Share-based Compensation [Abstract] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Award Type [Axis] Award Type [Axis] Equity Award [Domain] Equity Award [Domain] Restricted Stock Restricted Stock [Member] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Unvested, beginning balance (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number Vested (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Unvested, ending balance (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract] Unvested, beginning balance, weighted-average issue price (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Vested, weighted average issue price (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Unvested, ending balance, weighted-average issue price (usd per share) Related Party Transactions [Abstract] Related Party Transactions Related Party Transactions Disclosure [Text Block] Conversion of Stock [Table] Conversion of Stock [Table] Related Party [Axis] Related Party [Axis] Related Party [Domain] Related Party [Domain] Individual Investor Investor [Member] Service Provider Service Provider [Member] Service Provider [Member] Special Limited Partner Limited Partner [Member] Antidilutive Securities [Axis] Antidilutive Securities [Axis] Antidilutive Securities, Name [Domain] Antidilutive Securities, Name [Domain] OP Units OP Units [Member] OP Units [Member] Class B Units Class B Units [Member] Class B Units [Member] OPP (LTIP Units) Long Term Incentive Plan Units [Member] Long Term Incentive Plan Units [Member] Class of Stock [Axis] Class of Stock [Axis] Class of Stock [Domain] Class of Stock [Domain] Common Stock Common Stock [Member] Business Acquisition [Axis] Business Acquisition [Axis] Business Acquisition, Acquiree [Domain] Business Acquisition, Acquiree [Domain] Merger Agreement Merger Agreement [Member] Merger Agreement [Member] Conversion of Stock [Line Items] Conversion of Stock [Line Items] Common stock, outstanding (shares) Common Stock, Shares, Outstanding Conversion of stock (shares) Conversion of Stock, Shares Converted Antidilutive securities (in shares) Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Conversion ratio Conversion of Stock, Conversion Ratio Conversion of Stock, Conversion Ratio Equity consideration (in shares) Business Combination, Equity Consideration Transferred Business Combination, Equity Consideration Transferred Merger Consideration owed to Global II Business Combination, Consideration Transferred Reverse stock split conversion ratio Stockholders' Equity Note, Stock Split, Conversion Ratio Common stock dividend rate (usd per share) Common Stock, Dividend Rate, Per Share Common Stock, Dividend Rate, Per Share Accounting Policies [Abstract] Basis of Accounting Basis of Accounting, Policy [Policy Text Block] Principles of Consolidation Consolidation, Policy [Policy Text Block] Income Taxes Income Tax, Policy [Policy Text Block] Recently Issued Accounting Pronouncements New Accounting Pronouncements, Policy [Policy Text Block] Accounting Treatment of the Mergers Business Combinations Policy [Policy Text Block] Fair Value of Financial Instruments Fair Value of Financial Instruments, Policy [Policy Text Block] Derivative Instruments, Gain (Loss) [Table] Derivative Instruments, Gain (Loss) [Table] Credit Facility [Axis] Credit Facility [Axis] Credit Facility [Domain] Credit Facility [Domain] Revolving Credit Facility Revolving Credit Facility [Member] Hedging Relationship [Axis] Hedging Relationship [Axis] Hedging Relationship [Domain] Hedging Relationship [Domain] Cash Flow Hedging Cash Flow Hedging [Member] Income Statement Location [Axis] Income Statement Location [Axis] Income Statement Location [Domain] Income Statement Location [Domain] Interest Expense Interest Expense [Member] Derivative Instrument [Axis] Derivative Instrument [Axis] Derivative Contract [Domain] Derivative Contract [Domain] Interest rate swaps, net (GBP & EUR) Interest Rate Swap [Member] Hedging Designation [Axis] Hedging Designation [Axis] Hedging Designation [Domain] Hedging Designation [Domain] Designated as Hedging Instrument Designated as Hedging Instrument [Member] Not Designated as Hedging Instrument Not Designated as Hedging Instrument [Member] Currency [Axis] Currency [Axis] All Currencies [Domain] All Currencies [Domain] GBP United Kingdom, Pounds EUR Euro Member Countries, Euro Investment Type [Axis] Investment Type [Axis] Investments [Domain] Investments [Domain] Individual Investment Individual Investment [Member] Individual Investment [Member] Lender Name [Axis] Lender Name [Axis] Line of Credit Facility, Lender [Domain] Line of Credit Facility, Lender [Domain] JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. [Member] JPMorgan Chase Bank, N.A. [Member] Derivative Instruments, Gain (Loss) [Line Items] Derivative Instruments, Gain (Loss) [Line Items] Borrowings under credit facility Proceeds from Lines of Credit Gain (loss) on derivatives due to ineffectiveness in earnings Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net Estimate of time to transfer (months) Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer Estimated amount to be reclassified from OCI Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred Line of credit, amount drawn Gain on derivative, from partial settlement Derivative, Gain (Loss) on Derivative, Net Proceeds from termination of derivatives Proceeds from Derivative Instrument, Investing Activities Portion of derivative termination proceeds used to repay debt Termination Proceeds Used to Repay Debt Termination Proceeds Used to Repay Debt Foreign currency exchange rate Foreign Currency Exchange Rate, Translation Foreign currency derivative instruments, liability fair value Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value Foreign currency derivative instruments, asset fair value Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value Foreign currency derivative instruments, fair value Foreign Currency Derivative Instruments Not Designated as Hedging Instruments at Fair Value, Net Gain (loss) on foreign currency fair value hedge ineffectiveness Gain (Loss) on Foreign Currency Fair Value Hedge Ineffectiveness Loss on derivative instruments Gain (Loss) on Derivative Instruments, Net, Pretax Fair value of derivatives in net liability position Derivative Liability, Securities Sold under Agreements to Repurchase, Securities Loaned, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election Real Estate [Abstract] Real Estate Investments, Net Real Estate Disclosure [Text Block] Fair Value Disclosures [Abstract] Fair Value of Financial Instruments Fair Value Disclosures [Text Block] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Mortgage notes payable Mortgages [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] 2017 (remainder) Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year 2018 Long-term Debt, Maturities, Repayments of Principal in Year Two 2019 Long-term Debt, Maturities, Repayments of Principal in Year Three 2020 Long-term Debt, Maturities, Repayments of Principal in Year Four 2021 Long-term Debt, Maturities, Repayments of Principal in Year Five 2022 Long-term Debt, Maturities, Repayments of Principal in Year Six Long-term Debt, Maturities, Repayments of Principal in Year Six Thereafter Long-term Debt, Maturities, Repayments of Principal After Year Six Long-term Debt, Maturities, Repayments of Principal After Year Six Mortgage notes payable Long-term Debt, Gross Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table] Plan Name [Axis] Plan Name [Axis] Plan Name [Domain] Plan Name [Domain] OPP Multi-Year Outperformance Plan [Member] Multi-Year Outperformance Plan [Member] Fair Value, Hierarchy [Axis] Fair Value, Hierarchy [Axis] Fair Value Hierarchy [Domain] Fair Value Hierarchy [Domain] Significant Unobservable Inputs Level 3 Fair Value, Inputs, Level 3 [Member] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Beginning balance Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Value of Instruments Classified in Shareholders' Equity Fair value adjustment Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Instruments Classified in Shareholders' Equity, Gain (Loss) Included in Earnings Ending balance Real Estate [Table] Real Estate [Table] Disposal Group Classification [Axis] Disposal Group Classification [Axis] Disposal Group Classification [Domain] Disposal Group Classification [Domain] Properties Sold Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] Name of Property [Axis] Name of Property [Axis] Name of Property [Domain] Name of Property [Domain] Kulicke & Soffa Kulicke & Soffa, Fort Washington, PA [Member] Kulicke & Soffa, Fort Washington, PA [Member] Advisor Advisor [Member] Advisor [Member] Real Estate [Line Items] Real Estate [Line Items] Number of real estate properties held for sale (property) Number of Real Estate Properties Held for Sale Number of Real Estate Properties Held for Sale Number of properties sold (property) Number of Real Estate Properties Sold Number of Real Estate Properties Sold Proceeds from sale of real estate investments Proceeds from Sale of Real Estate Held-for-investment Gains on dispositions of real estate investments Gains (Losses) on Sales of Investment Real Estate Organization, Consolidation and Presentation of Financial Statements [Abstract] Operations [Table] Operations [Table] Operations [Table] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Geographical [Axis] Geographical [Axis] Segment, Geographical [Domain] Geographical [Domain] United States UNITED STATES United Kingdom UNITED KINGDOM Europe Europe [Member] Sale of Stock [Axis] Sale of Stock [Axis] Sale of Stock [Domain] Sale of Stock [Domain] IPO IPO [Member] Operations [Line Items] Operations [Line Items] Operations [Line Items] Common stock, par value (usd per share) Common Stock, Par or Stated Value Per Share Number of properties (property) Number of Real Estate Properties Rentable square feet (sqft) Area of Real Estate Property Occupancy rate Real Estate Property, Occupancy Rate Real Estate Property, Occupancy Rate Weighted average remaining lease term (years) Real Estate Property, Weighted Average Remaining Lease Term Real Estate Property, Weighted Average Remaining Lease Term Percentage of portfolio investments Portfolio Strategy, Target Geographic Mix, Percentage of Portfolio Investments Portfolio Strategy, Target Geographic Mix, Percentage of Portfolio Investments Common stock, issued (shares) Common Stock, Shares, Issued Share price (in dollars per share) Share Price Common stock issued through distribution reinvestment plan (in shares) Stock Issued During Period, Shares, Dividend Reinvestment Plan Number of shares offered to be repurchased (shares) Stock Repurchase Program, Number of Shares Authorized to be Repurchased Shares offered to be repurchased (usd per share) Stock Repurchased During Period, Price Per Share Stock Repurchased During Period, Price Per Share Number of shares repurchased during the period (shares) Stock Repurchased During Period, Shares Value of shares repurchased during the period Stock Repurchased During Period, Value Statement of Comprehensive Income [Abstract] Net income Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Other comprehensive income (loss) Other Comprehensive Income (Loss), Net of Tax [Abstract] Cumulative translation adjustment Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Designated derivatives, fair value adjustments Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax Other comprehensive income (loss) Other Comprehensive Income (Loss), Net of Tax Comprehensive income (loss) Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Amounts attributable to non-controlling interest Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest [Abstract] Net income Net Income (Loss) Attributable to Noncontrolling Interest Cumulative translation adjustment Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest Designated derivatives, fair value adjustments Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Noncontrolling Interest Comprehensive (income) loss attributable to non-controlling interest Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Comprehensive income (loss) attributable to stockholders Comprehensive Income (Loss), Net of Tax, Attributable to Parent Subsequent Events [Abstract] Subsequent Events Subsequent Events [Text Block] Economic Dependency [Abstract] Economic Dependency [Abstract] Economic Dependency Economic Dependency [Text Block] Matters related to services provided by affiliate. Business Combinations [Abstract] Merger Transaction Mergers, Acquisitions and Dispositions Disclosures [Text Block] Derivative [Table] Derivative [Table] Swap Swap [Member] Derivative [Line Items] Derivative [Line Items] Number of Instruments (derivative) Number of Interest Rate Derivatives Held Notional Amount Derivative, Notional Amount Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value Measurements, Recurring and Nonrecurring [Table] Measurement Frequency [Axis] Measurement Frequency [Axis] Fair Value, Measurement Frequency [Domain] Fair Value, Measurement Frequency [Domain] Fair Value, Measurements, Recurring Fair Value, Measurements, Recurring [Member] Quoted Prices in Active Markets Level 1 Fair Value, Inputs, Level 1 [Member] Significant Other Observable Inputs Level 2 Fair Value, Inputs, Level 2 [Member] Financial Instrument [Axis] Financial Instrument [Axis] Debt Instrument, Name [Domain] Financial Instruments [Domain] Cross currency swaps, net (GBP & EUR) Currency Swap [Member] Foreign currency forwards, net (GBP & EUR) Forward Contracts [Member] Put options (GBP & EUR) Equity Option [Member] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Asset fair value Foreign Currency Contract, Asset, Fair Value Disclosure Liability fair value Foreign Currency Contracts, Liability, Fair Value Disclosure Derivative asset fair value Derivative Asset Equity fair value Shareholders' Equity, Fair Value Disclosure Schedule of Revenues from External Customers and Long-Lived Assets [Table] Schedule of Revenues from External Customers and Long-Lived Assets [Table] Geographical [Domain] Texas TEXAS Revenues from External Customers and Long-Lived Assets [Line Items] Revenues from External Customers and Long-Lived Assets [Line Items] Entity-wide revenue percentage Entity Wide Revenue, Major State, Percentage Entity Wide Revenue, Major State, Percentage Fair Value Inputs, Liabilities, Quantitative Information [Table] Fair Value Inputs, Liabilities, Quantitative Information [Table] Valuation Technique [Axis] Valuation Technique [Axis] Valuation Technique [Domain] Valuation Technique [Domain] Monte Carlo Simulation Monte Carlo Simulation [Member] Monte Carlo Simulation [Member] Fair Value Inputs, Liabilities, Quantitative Information [Line Items] Fair Value Inputs, Liabilities, Quantitative Information [Line Items] Fair value Equity, Fair Value Disclosure Input value (percent) Fair Value Assumptions, Expected Volatility Rate Summary of Significant Accounting Policies Significant Accounting Policies [Text Block] Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services [Table Text Block] Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services [Table Text Block] Net Investment Hedging Net Investment Hedging [Member] Number of Instruments (derivative) Number of Foreign Currency Derivatives Held Schedule of Business Acquisitions, by Acquisition Schedule of Business Acquisitions, by Acquisition [Table Text Block] Schedule of Recognized Identified Assets Acquired and Liabilities Assumed Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] Earnings Per Share [Abstract] Earnings Per Share Earnings Per Share [Text Block] Interest rate swaps, net Amount of loss recognized in accumulated other comprehensive income (loss) from derivatives (effective portion) Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net Amount of loss reclassified from accumulated other comprehensive income into income as interest expense (effective portion) Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net Amount of loss recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing) Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net 2017 (remainder) Operating Leases, Future Minimum Payments Receivable, Remainder of Fiscal Year 2018 Operating Leases, Future Minimum Payments Receivable, in Two Years 2019 Operating Leases, Future Minimum Payments Receivable, in Three Years 2020 Operating Leases, Future Minimum Payments Receivable, in Four Years 2021 Operating Leases, Future Minimum Payments Receivable, in Five Years 2022 Operating Leases, Future Minimum Payments Receivable, in Six Years Operating Leases, Future Minimum Payments Receivable, in Six Years Thereafter Operating Leases, Future Minimum Payments Receivable, After Six Years Operating Leases, Future Minimum Payments Receivable, After Six Years Future minimum base rental cash payments Operating Leases, Future Minimum Payments Receivable Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Unvested restricted stock Original OP Units Original OP Units [Member] Original OP Units [Member] OP Units Issued at Listing OP Units Issued at Listing [Member] OP Units Issued at Listing [Member] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Schedule of Long-term Debt Instruments Schedule of Long-term Debt Instruments [Table Text Block] Schedule of Maturities of Long-term Debt Schedule of Maturities of Long-term Debt [Table Text Block] Schedule of Business Acquisitions, by Acquisition [Table] Schedule of Business Acquisitions, by Acquisition [Table] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Global Trust II American Realty Capital Global Trust II, Inc. [Member] American Realty Capital Global Trust II, Inc. [Member] Related Party Transaction [Axis] Related Party Transaction [Axis] Related Party Transaction [Domain] Related Party Transaction [Domain] The Letter Agreement The Letter Agreement [Member] The Letter Agreement [Member] Business Acquisition [Line Items] Business Acquisition [Line Items] Percent over gross proceeds to trigger reimbursement Related Party Transaction, Percent over Gross Offering Proceeds to Trigger Reimbursement Related Party Transaction, Percent over Gross Offering Proceeds to Trigger Reimbursement Tender offer (in shares) Related Party Transaction, Reimbursement from Related Party, Tender Offer Related Party Transaction, Reimbursement from Related Party, Tender Offer Period of equal cash installments Related Party Transaction, Reimbursement from Related Party, Period of Equal Cash Installments Related Party Transaction, Reimbursement from Related Party, Period of Equal Cash Installments Period for valuing class b units Related Party Transaction, Period for Valuing Class B Units Related Party Transaction, Period for Valuing Class B Units Number of equal cash installments Related Party Transaction, Reimbursement from Related Party, Number of Equal Cash Installments Related Party Transaction, Reimbursement from Related Party, Number of Equal Cash Installments Proceeds from related party receivable Proceeds from Related Party Debt Gross Amounts of Recognized Assets Gross Amounts of Recognized (Liabilities) Derivative Liability, Fair Value, Gross Liability Gross Amounts Offset on the Balance Sheet Derivative Asset, Fair Value, Gross Liability Net Amounts of Assets (Liabilities) presented on the Balance Sheet Derivative Assets (Liabilities), at Fair Value, Net Financial Instruments Derivative, Collateral, Obligation to Return Securities Cash Collateral Received (Posted) Derivative, Collateral, Obligation to Return Cash Net Amount Derivative, Fair Value, Amount Offset Against Collateral, Net Schedule of Future Minimum Rental Payments for Operating Leases Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] Statement of Stockholders' Equity [Abstract] Statement [Table] Statement [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Additional Paid-in Capital Additional Paid-in Capital [Member] Accumulated Other Comprehensive Loss AOCI Attributable to Parent [Member] Accumulated Deficit Retained Earnings [Member] Total Stockholders' Equity Parent [Member] Non-controlling interest Noncontrolling Interest [Member] Statement [Line Items] Statement [Line Items] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Beginning Balance (in shares) Shares, Outstanding Beginning Balance Dividends declared Dividends Equity-based compensation (in shares) Adjustments to Additional Paid in Capital, Share-based Compensation, Other Long-term Incentive Plans, Requisite Service Period Recognition, Shares Adjustments to Additional Paid in Capital, Share-based Compensation, Other Long-term Incentive Plans, Requisite Service Period Recognition, Shares Equity-based compensation Adjustments to Additional Paid in Capital, Share-based Compensation, Other Long-term Incentive Plans, Requisite Service Period Recognition Distributions to non-controlling interest holders Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders Net Income Cumulative translation adjustment Cumulative Translation Adjustment, Net of Tax, Period Increase (Decrease) Rebalancing of ownership percentage Adjustments to Additional Paid in Capital, Rebalancing of Ownership Percentage Adjustments to Additional Paid in Capital, Rebalancing of Ownership Percentage Ending Balance (in shares) Ending Balance Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Deferred financing costs Debt Issuance Costs, Net Preferred stock, par value (usd per share) Preferred Stock, Par or Stated Value Per Share Preferred stock, authorized (shares) Preferred Stock, Shares Authorized Preferred stock, issued (shares) Preferred Stock, Shares Issued Preferred stock, outstanding (shares) Preferred Stock, Shares Outstanding Common stock, authorized (shares) Common Stock, Shares Authorized Vesting [Axis] Vesting [Axis] Vesting [Domain] Vesting [Domain] Performance Period Share-based Compensation Award, Tranche Three [Member] Annual Period Share-based Compensation Award, Tranche One [Member] Interim Period Share-based Compensation Award, Tranche Two [Member] Range [Axis] Range [Axis] Range [Domain] Range [Domain] Minimum Minimum [Member] Maximum Maximum [Member] Absolute component, base percent Share Based Compensation Arrangement By Share Based Payment Award, Absolute Component, Base Percent Share Based Compensation Arrangement By Share Based Payment Award, Absolute Component, Base Percent Relative component, base percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, Base Percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, Base Percent Absolute component of total return, percent Share Based Compensation Arrangement By Share Based Payment Award, Absolute Component of Total Return, Percent Share Based Compensation Arrangement By Share Based Payment Award, Absolute Component of Total Return, Percent Relative component, 100% of cumulative total return, percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 100% of Cumulative Total Return, Percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 100% of Cumulative Total Return, Percent Relative component, 50% of cumulative total return, percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 50% of Cumulative Total Return, Percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 50% of Cumulative Total Return, Percent Relative component, 0% of cumulative total return, percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 0% of Cumulative Total Return, Percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 0% of Cumulative Total Return, Percent Relative component, 50%-100% of cumulative total return, percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 50%-100% of Cumulative Total Return, Percent Share Based Compensation Arrangement By Share Based Payment Award, Relative Component, 50%-100% of Cumulative Total Return, Percent 2017 (remainder) Operating Leases, Future Minimum Payments, Remainder of Fiscal Year 2018 Operating Leases, Future Minimum Payments, Due in Two Years 2019 Operating Leases, Future Minimum Payments, Due in Three Years 2020 Operating Leases, Future Minimum Payments, Due in Four Years 2021 Operating Leases, Future Minimum Payments, Due in Five Years 2022 Operating Leases, Future Minimum Payments, Due in Six Years Operating Leases, Future Minimum Payments, Due in Six Years Thereafter Operating Leases, Future Minimum Payments, Due After Six Years Operating Leases, Future Minimum Payments, Due After Six Years Total Operating Leases, Future Minimum Payments Due Rent expense Operating Leases, Rent Expense, Net Document and Entity Information [Abstract] Document and Entity Information [Abstract] Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Document Type Document Type Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag Entity Shares, Shares Outstanding Entity Common Stock, Shares Outstanding Line of Credit Facility [Table] Line of Credit Facility [Table] Interest Rate, By Type [Axis] Variable Rate [Axis] Base Rate, By Type [Domain] Variable Rate [Domain] Base Rate Base Rate [Member] LIBOR London Interbank Offered Rate (LIBOR) [Member] Federal Funds Federal Funds Effective Swap Rate [Member] Mutually Exclusive Option [Axis] Mutually Exclusive Option [Axis] Mutually Exclusive Option [Axis] Mutually Exclusive Option, Options [Domain] Mutually Exclusive Option, Options [Domain] Mutually Exclusive Option, Options [Domain] Line of Credit Facility, Interest Rate, Option One Line of Credit Facility, Interest Rate, Option One [Member] Line of Credit Facility, Interest Rate, Option One [Member] Line of Credit Facility, Interest Rate, Option Two Line of Credit Facility, Interest Rate, Option Two [Member] Line of Credit Facility, Interest Rate, Option Two [Member] Line of Credit Facility, Base Rate, Option Two Line of Credit Facility, Base Rate, Option Two [Member] Line of Credit Facility, Base Rate, Option Two [Member] Line of Credit Facility, Base Rate, Option Three Line of Credit Facility, Base Rate, Option Three [Member] Line of Credit Facility, Base Rate, Option Three [Member] Above Threshold Above Threshold [Member] Above Threshold [Member] Below Threshold Below Threshold [Member] Below Threshold [Member] Short-term Debt, Type [Axis] Short-term Debt, Type [Axis] Short-term Debt, Type [Domain] Short-term Debt, Type [Domain] Bridge Loan Facility Bridge Loan [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Bridge Loan Facility Bridge Commitment [Member] Bridge Commitment [Member] Mezzanine Facility Mezzanine Loan [Member] Mezzanine Loan [Member] Line of Credit Facility [Line Items] Line of Credit Facility [Line Items] Maximum borrowing capacity Line of Credit Facility, Maximum Borrowing Capacity Increase in additional borrowing capacity Line of Credit Facility, Additional Borrowing Capacity, Accordion Feature Line of Credit Facility, Additional Borrowing Capacity, Accordion Feature Extension fee Debt Instrument, Fee Amount Extension term Line of Credit Facility, Extension Term Line of Credit Facility, Extension Term Interest rate spread Debt Instrument, Basis Spread on Variable Rate Unused capacity commitment fee Line of Credit Facility, Unused Capacity, Commitment Fee Percentage Commitment fee percentage Line of Credit Facility, Commitment Fee Percentage, Threshold, Unused Capacity as a Percentage of Current Capacity Line of Credit Facility, Commitment Fee Percentage, Threshold, Unused Capacity as a Percentage of Current Capacity Weighted average annual interest rate Long-term Debt, Weighted Average Interest Rate Remaining borrowing capacity Line of Credit Facility, Remaining Borrowing Capacity Bridge commitment Debt Instrument, Face Amount Debt term Debt Instrument, Term Commitment fee Debt Instrument, Commitment Fee, Percent Debt Instrument, Commitment Fee, Percent Fair value of credit facility Long-term Debt, Fair Value Stated interest rate Debt Instrument, Interest Rate, Stated Percentage Repayment of debt Repayments of Long-term Debt Unusual borrowing Debt Instrument, Unused Borrowing Capacity, Amount Carrying value of unencumbered assets Real Estate and Accumulated Depreciation, Unencumbered Assets Real Estate and Accumulated Depreciation, Unencumbered Assets Share-Based Compensation Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Statement of Cash Flows [Abstract] Secured Debt Secured Debt [Member] Mortgages Cash flows from operating activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net income (loss) to net cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation Depreciation Amortization of intangibles Amortization of Intangible Assets Amortization of deferred financing costs Amortization of Debt Issuance Costs Amortization of debt (discount) premium, net Amortization of Debt Discount (Premium) Amortization of below-market lease liabilities Amortization of Below-Market Lease Liabilities Amortization of Below-Market Lease Liabilities Amortization of above-market lease assets Amortization of Above-Market Lease Assets Amortization of Above-Market Lease Assets Amortization of above- and below- market ground lease assets Amortization of Above-Market Ground Lease Assets Amortization of Above-Market Ground Lease Assets Bad debt expense Provision for Doubtful Accounts Unbilled straight-line rent Straight Line Rent Equity based compensation Share-based Compensation Unrealized losses on foreign currency transactions, derivatives, and other Unrealized Gain (Loss) on Foreign Currency Transaction, Derivatives and Other Unrealized Gain (Loss) on Foreign Currency Transaction, Derivatives and Other Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness Gain (Loss) on Hedge Ineffectiveness Gain (Loss) on Fair Value Hedge Ineffectiveness Gains on dispositions of real estate investments Gain (Loss) on Sale of Properties Changes in operating assets and liabilities, net: Increase (Decrease) in Operating Capital [Abstract] Prepaid expenses and other assets Increase (Decrease) in Prepaid Expense and Other Assets Deferred tax assets Decrease in Deferred Income Taxes Decrease in Deferred Income Taxes Accounts payable and accrued expenses Increase (Decrease) in Accounts Payable and Accrued Liabilities Prepaid rent Increase (Decrease) in Deferred Revenue Deferred tax liability Increase in Deferred Income Taxes Increase in Deferred Income Taxes Taxes payable Increase (Decrease) in Income Taxes Payable Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities Cash flows from investing activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Investment in real estate and real estate related assets Payments to Acquire Real Estate Capital expenditures Payments to Acquire Productive Assets Net cash provided by (used in) investing activities Net Cash Provided by (Used in) Investing Activities Cash flows from financing activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Repayments on credit facility Repayments of Lines of Credit Repayment mezzanine facility Repayments of Assumed Debt Payments on mortgage notes payable Repayments of Secured Debt Proceeds from issuance of common stock Proceeds from Issuance of Common Stock (Payments) proceeds of financing costs Payments of Financing Costs Dividends paid Payments of Ordinary Dividends, Common Stock Distributions to non-controlling interest holders Payments of Ordinary Dividends, Noncontrolling Interest Advances from related parties, net Proceeds from (Repayments of) Related Party Debt Restricted cash Proceeds from (Repayments of) Restricted Cash, Financing Activities Net cash provided by (used in) financing activities Net Cash Provided by (Used in) Financing Activities Net change in cash and cash equivalents Cash, Period Increase (Decrease) Effect of exchange rate changes on cash Effect of Exchange Rate on Cash and Cash Equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental Disclosures: Supplemental Cash Flow Information [Abstract] Cash paid for interest Interest Paid Cash paid for income taxes Income Taxes Paid Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract] Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract] Fair value of Company's shares of common stock issued, net of fractional shares Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net Land Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land Buildings, fixtures and improvements Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Buildings Acquired intangible lease assets Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangible Asset, Acquired-In-Place Leases Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangible Asset, Acquired-In-Place Leases Total real estate investments, at fair value Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Real Estate Investment Property Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Real Estate Investment Property Restricted cash Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash Derivatives, at fair value Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Derivative Asset Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Derivative Asset Prepaid expenses and other assets Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets Related party notes receivable acquired in Merger Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Due from Related Party Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Due from Related Party Due from related parties Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Due from Affiliate Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Due from Affiliate Deferred tax assets Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Goodwill and other intangible assets, net Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Net (Including Goodwill) Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Net (Including Goodwill) Total Assets Acquired at Fair Value Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract] Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract] Mortgage notes payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Secured Debt Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Secured Debt Mortgage (discount) premium, net Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Premium on Mortgage Notes Assumed Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Premium on Mortgage Notes Assumed Mezzanine facility Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt Mezzanine discount, net Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Debt Instrument, Unamortized Discount Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Debt Instrument, Unamortized Discount Acquired intangible lease liabilities, net Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Lease Liabilities Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Lease Liabilities Derivatives, at fair value Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Derivative Liability Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Derivative Liability Prepaid rent Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable Deferred tax liability Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Deferred Revenue Taxes payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Taxes payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Taxes Payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Taxes Payable Dividend payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Dividends Payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Dividends Payable Total Liabilities Assumed at Fair Value Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities Net assets acquired excluding cash Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net, Excluding Cash Acquired Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net, Excluding Cash Acquired Cash acquired on acquisition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents Stock Options Employee Stock Option [Member] Restricted Stock Units (RSUs) Restricted Stock Units (RSUs) [Member] Stock Option Plan Stock Option Plan [Member] Stock Option Plan [Member] Restricted Share Plan Incentive Restricted Share Plan [Member] Incentive Restricted Share Plan [Member] Director Stock Plan Director Stock Plan [Member] Director Stock Plan [Member] Restricted Share Plan Restricted Share Plan [Member] Restricted Share Plan [Member] Title of Individual [Axis] Title of Individual [Axis] Relationship to Entity [Domain] Relationship to Entity [Domain] Independent Directors Independent Directors [Member] Independent Directors [Member] Non-Executive Chair Non-Executive Chair [Member] Non-Executive Chair [Member] Directors, Servicing on Committees Directors, Serving on Committees [Member] Directors, Serving on Committees Director Director [Member] Share Repurchase Program [Axis] Share Repurchase Program [Axis] Share Repurchase Program [Domain] Share Repurchase Program [Domain] Number of shares authorized (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Shares issued during the period (shares) Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period Shares granted automatically upon election to board of directors (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Automatic Grant Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Automatic Grant Restricted share vesting period (years) Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Periodic vesting percentage Share-based Compensation Arrangement by Share-based Payment Award, Periodic Vesting Percentage Share-based Compensation Arrangement by Share-based Payment Award, Periodic Vesting Percentage Annual retainer payable Share Based Compensation, Annual Retainer Payable Share Based Compensation, Annual Retainer Payable Annual retainer payable, cash (percent) Share Based Compensation, Annual Retainer Payable, Cash Percentage Share Based Compensation, Annual Retainer Payable, Cash Percentage Annual retainer payable, restricted stock units (percent) Share Based Compensation, Annual Retainer Payable, Restricted Stock Units Percentage Share Based Compensation, Annual Retainer Payable, Restricted Stock Units Percentage Granted (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Granted, weighted average issue price (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Maximum authorized amount as a percentage of shares authorized Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Outstanding Stock Maximum Compensation (income) expense Allocated Share-based Compensation Expense Compensation costs not yet recognized Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options Weighted average period of recognition (years) Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition Award value, percent of market capitalization (percent) Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Market Capitalization Maximum Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Market Capitalization Maximum Requisite service period (years) Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period Distribution percent entitled to by LTIP holders Share-based Compensation Arrangement by Share-based Payment Award, Percent of Distributions Share-based Compensation Arrangement by Share-based Payment Award, Percent of Distributions Distributions paid related to LTIP Units Number of companies (company) Number of Companies Number of Companies Shares issued in lieu of cash (shares) Stock Issued During Period, Shares, Issued for Services Fair Value, Liabilities Measured on Recurring Basis Fair Value, Liabilities Measured on Recurring Basis [Table Text Block] Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Fair Value Inputs, Instruments Classified in Shareholders' Equity, Quantitative Information Fair Value Inputs, Instruments Classified in Shareholders' Equity, Quantitative Information [Table Text Block] Fair Value, by Balance Sheet Grouping Fair Value, by Balance Sheet Grouping [Table Text Block] Credit Borrowings Revolving Credit Facility [Text Block] Revolving Credit Facility [Text Block] Derivatives and Hedging Activities Derivative Instruments and Hedging Activities Disclosure [Text Block] Organization Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Schedule of Error Corrections and Prior Period Adjustments Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] USD United States of America, Dollars Finnair Finnair [Member] Finnair [Member] Tokmanni Tokmanni [Member] Tokmanni [Member] Auchan Auchan, France [Member] Auchan, France [Member] Pole Emploi Pole Emploi, France [Member] Pole Emploi, France [Member] Sagemcom Sagemcom [Member] Sagemcom [Member] Worldline Worldline [Member] Worldline [Member] DCNS DCNS [Member] DCNS [Member] ID Logistics II ID Logistics II, France [Member] ID Logistics II, France [Member] Rheinmetall Rheinmetall [Member] Rheinmetall [Member] OBI DIY OBI DIY [Member] OBI DIY [Member] RWE AG RWE [Member] RWE [Member] Rexam Rexam [Member] Rexam [Member] Metro Tonic Metro Tonic [Member] Metro Tonic [Member] ID Logistics I ID Logistics I [Member] ID Logistics I [Member] DB Luxembourg DB Luxembourg [Member] DB Luxembourg[Member] ING Amsterdam ING Amsterdam [Member] ING Amsterdam [Member] McDonald's McDonalds [Member] McDonalds [Member] Wickes Building Supplies I Wickes Building Supplies [Member] Wickes Building Supplies [Member] Everything Everywhere Everything Everywhere [Member] Everything Everywhere [Member] Thames Water Thames Water Utilities Limited [Member] Thames Water Utilities Limited [Member] Wickes Building Supplies II Wickes Building Supplies II [Member] Wickes Building Supplies II [Member] Northern Rock Northern Rock (Asset Management) LLC [Member] Northern Rock (Asset Management) LLC [Member] Wickes Building Supplies III Wickes Building Supplies III [Member] Wickes Building Supplies III [Member] Provident Financial Provident Financial [Member] Provident Financial [Member] Crown Crest Crown Crest [Member] Crown Crest [Member] Aviva Aviva [Member] Aviva [Member] Bradford & Bingley Bradford & Bingley [Member] Bradford & Bingley [Member] Intier Automotive Interiors Intier Automotive Interiors [Member] Intier Automotive Interiors [Member] Capgemini Capgemini [Member] Capgemini [Member] Fujitsu Fujitisu [Member] Fujitisu [Member] Amcor Packaging Amcor Packaging [Member] Amcor Packaging [Member] Fife Council Fife Council [Member] Fife Council [Member] Malthrust Malthrust [Member] Malthrust [Member] Talk Talk Talk Talk [Member] Talk Talk [Member] HBOS HBOS [Member] HBOS [Member] DFS Trading DFS Trading, Five Pack [Member] DFS Trading, Five Pack [Member] DFS Trading DFS Trading, Two Pack [Member] DFS Trading, Two Pack [Member] HP Enterprise Services HP Enterprise Services [Member] HP Enterprise Services [Member] Foster Wheeler Foster Wheeler [Member] Foster Wheeler [Member] Harper Collins Harper Collins [Member] Harper Collins [Member] NCR Dundee NCR Dundee, United Kingdom [Member] NCR Dundee, United Kingdom [Member] Quest Diagnostics Quest Diagnostics [Member] Quest Diagnostics [Member] Western Digital Western Digital [Member] Western Digital [Member] [Member] AT&T Services AT&T Services [Member] AT&T Services [Member] FedEx Freight FedEx Freight, United States [Member] FedEx Freight, United States [Member] Veolia Water Veolia Water, United States [Member] Veolia Water, United States [Member] Encanto Restaurants Encanto [Member] Encanto [Member] Variable Rate [Axis] Variable Rate [Domain] Adjusted LIBOR Adjusted LIBOR [Member] Adjusted LIBOR [Member] Encumbered Properties Number of Real Estate Properties, Encumbered Number of Real Estate Properties, Encumbered Outstanding Loan Amount Effective Interest Rate Debt Instrument, Interest Rate, Effective Percentage Deferred financing costs Mortgage notes payable Schedule of Earnings Per Share, Basic and Diluted Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] Income Statement [Abstract] Revenues: Revenues [Abstract] Rental income Operating Leases, Income Statement, Lease Revenue Operating expense reimbursements Tenant Reimbursements Total revenues Revenues Expenses: Operating Expenses [Abstract] Property operating Direct Costs of Leased and Rented Property or Equipment Operating fees to related parties Asset Management Costs Acquisition and transaction related Business Combination, Acquisition Related Costs General and administrative General and Administrative Expense Equity based compensation Stock or Unit Option Plan Expense Depreciation and amortization Depreciation, Depletion and Amortization, Nonproduction Total expenses Operating Expenses Operating income Operating Income (Loss) Interest expense Interest Expense Losses on derivative instruments Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness Derivative, Net Hedge Ineffectiveness Gain (Loss) Other income (expense) Other Nonoperating Income (Expense) Total other expense, net Nonoperating Income (Expense) Net income before income tax Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Income tax expense Income Tax Expense (Benefit) Net income Non-controlling interest Net income attributable to stockholders Net Income (Loss) Attributable to Parent Basic and Diluted Earnings Per Share: Basic and diluted net income per share attributable to stockholders (usd per share) Earnings Per Share, Basic and Diluted Basic and diluted weighted average shares outstanding (shares) Weighted Average Number of Shares Outstanding, Basic and Diluted Schedule of Acquired Finite-Lived Intangible Asset by Major Class [Table] Schedule of Acquired Finite-Lived Intangible Asset by Major Class [Table] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Finite-Lived Intangible Assets, Major Class Name [Domain] In-place leases Leases, Acquired-in-Place [Member] Above market lease assets Above Market Leases [Member] Below market lease liabilities Below Market Lease [Member] Below Market Lease [Member] Acquired Finite-Lived Intangible Assets [Line Items] Acquired Finite-Lived Intangible Assets [Line Items] Real estate investments, at cost: Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment [Abstract] Land Business Acquisition, Purchase Price Allocation, Land Acquired in Period Business Acquisition, Purchase Price Allocation, Land Acquired in Period Buildings, fixtures and improvements Business Acquisition, Purchase Price Allocation, Buildings, Fixtures and Improvements Acquired in Period Business Acquisition, Purchase Price Allocation, Buildings, Fixtures and Improvements Acquired in Period Total tangible assets Business Acquisition, Purchase Price Allocation, Tangible Assets Acquired in Period Business Acquisition, Purchase Price Allocation, Tangible Assets Acquired in Period Intangibles acquired: Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill [Abstract] Acquired intangibles Business Acquisition, Purchase Price Allocation, Amortizable Intangible Assets Acquired in Period Business Acquisition, Purchase Price Allocation, Amortizable Intangible Assets Acquired in Period Total assets acquired, net Business Acquisition, Purchase Price Allocation, Assets Acquired in Period, Net Business Acquisition, Purchase Price Allocation, Assets Acquired in Period, Net Mortgage notes payable used to acquire real estate investments Business Acquisition, Purchase Price Allocation, Mortgage Proceeds Business Acquisition, Purchase Price Allocation, Mortgage Proceeds Cash paid for acquired real estate investments Business Acquisition Cost Of Acquired Entity Cash Paid In Period Business Acquisition Cost Of Acquired Entity Cash Paid In Period Number of properties purchased Number of Businesses Acquired Fair Value, by Balance Sheet Grouping [Table] Fair Value, by Balance Sheet Grouping [Table] Credit facility Measurement Basis [Axis] Measurement Basis [Axis] Fair Value Measurement [Domain] Fair Value Measurement [Domain] Portion at Fair Value Measurement Portion at Fair Value Measurement [Member] Carrying Amount Reported Value Measurement [Member] Fair Value Estimate of Fair Value Measurement [Member] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Debt, fair value Debt Instrument, Fair Value Disclosure Mortgage notes payable Mortgage (discount) premium, net Mezzanine discount Debt Instrument, Unamortized Discount Schedule of Related Party Transactions, by Related Party [Table] Schedule of Related Party Transactions, by Related Party [Table] Related Party Transaction, by Frequency [Axis] Related Party Transaction, by Frequency [Axis] Related Party Transaction, by Frequency [Axis] Related Party Transaction, Frequency [Domain] Related Party Transaction, Frequency [Domain] Related Party Transaction, Frequency [Domain] Nonrecurring Fees Nonrecurring Fees [Member] Nonrecurring Fees [Member] Recurring Fees Recurring Fees [Member] Recurring Fees [Member] Related Party Transactions, by Cost [Axis] Related Party Transactions, by Cost [Axis] Related Party Transactions, by Cost [Axis] Related Party Transactions, by Cost [Domain] Related Party Transactions, by Cost [Domain] Related Party Transactions, by Cost [Domain] Related party notes receivable acquired in Merger Related Party Notes Receivable Acquired in Merger [Member] Related Party Notes Receivable Acquired in Merger [Member] Fees on gain from sale of investments Fees on Gain From Sale of Investments [Member] Fees on Gain From Sale of Investments [Member] Financing coordination fees Financing Coordination Fees [Member] Financing Coordination Fees [Member] Asset management fees Asset Management Fees [Member] Asset Management Fees [Member] Property management and leasing fees Property Management and Leasing Fees [Member] Property Management and Leasing Fees [Member] Related Party Transactions, by Cost Status [Axis] Related Party Transactions, by Cost Status [Axis] Related Party Transactions, by Cost Status [Axis] Related Party Transactions, Cost Status [Domain] Related Party Transactions, Cost Status [Domain] Related Party Transactions, Cost Status [Domain] Incurred Incurred [Member] Incurred [Member] Forgiven Forgiven [Member] Forgiven [Member] Payable Payable [Member] Payable [Member] Affiliated Entity Affiliated Entity [Member] Advisor and Dealer Manager Advisor and Dealer Manager [Member] Advisor and Dealer Manager [Member] Variable Base Management Fee Variable Base Management Fee [Member] Variable Base Management Fee [Member] Transfer Asset and Personnel Services Transfer Asset and Personnel Services [Member] Transfer Asset and Personnel Services [Member] General and Administrative Expense General and Administrative Expense [Member] Balance Sheet Location [Axis] Balance Sheet Location [Axis] Balance Sheet Location [Domain] Balance Sheet Location [Domain] Prepaid Expenses and Other Current Assets Prepaid Expenses and Other Current Assets [Member] Related Party Transaction [Line Items] Related Party Transaction [Line Items] Related party expenses Related Party Transaction, Expenses from Transactions with Related Party Related party (receivable) payable Related Party Transaction, Due from (to) Related Party Incentive compensation earned Accrued Salaries Percent of fees waived Related Party Transaction, Percent of Fees From Net Assets Forgiven Related Party Transaction, Percent of Fees From Net Assets Forgiven Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Derivatives assets, at fair value Derivative Financial Instruments, Assets [Member] Derivatives liabilities, at fair value Derivative Financial Instruments, Liabilities [Member] Derivatives, Fair Value [Line Items] Derivatives, Fair Value [Line Items] Derivatives assets, at fair value Interest Rate Derivative Assets, at Fair Value Derivatives liabilities, at fair value Interest Rate Derivative Liabilities, at Fair Value Derivatives, at fair value Interest Rate Derivatives, at Fair Value, Net Schedule of Error Corrections and Prior Period Adjustment Restatement [Table] Schedule of Error Corrections and Prior Period Adjustment Restatement [Table] Scenario [Axis] Scenario [Axis] Scenario, Unspecified [Domain] Scenario, Unspecified [Domain] As originally Reported Scenario, Previously Reported [Member] Adjustment Restatement Adjustment [Member] Error Corrections and Prior Period Adjustments Restatement [Line Items] Error Corrections and Prior Period Adjustments Restatement [Line Items] Schedule of Quantifying Prior Year Misstatement Corrected in Current Year Financial Statements [Table] Schedule of Quantifying Prior Year Misstatement Corrected in Current Year Financial Statements [Table] Income Tax Authority [Axis] Income Tax Authority [Axis] Income Tax Authority [Domain] Income Tax Authority [Domain] Foreign Tax Authority Foreign Tax Authority [Member] Valuation Allowance by Deferred Tax Asset [Axis] Valuation Allowance by Deferred Tax Asset [Axis] Deferred Tax Asset [Domain] Deferred Tax Asset [Domain] Deferred Tax Asset Deferred Tax Asset [Member] Deferred Tax Asset [Member] Adjustments for Error Corrections [Axis] Adjustments for Error Corrections [Axis] Adjustments for Error Correction [Domain] Adjustments for Error Correction [Domain] Straight-Line Rent Effect, Termination Payments Under Lease Cancellation Clauses Straight-Line Rent Effect, Termination Payments Under Lease Cancellation Clauses [Member] Straight-Line Rent Effect, Termination Payments Under Lease Cancellation Clauses [Member] Change in Tax Valuation Change in Tax Valuation [Member] Change in Tax Valuation [Member] Listing Note Listing Note [Member] Listing Note [Member] Quantifying Misstatement in Current Year Financial Statements [Line Items] Quantifying Misstatement in Current Year Financial Statements [Line Items] Income tax expense (benefit) Accrued rent Gains recognized in other comprehensive income (loss) Derivative Instruments, Gain Recognized in Other Comprehensive Income (Loss), Effective Portion Listing Amount, percent Listing Amount Distribution, Percent Listing Amount Distribution, Percent Cumulative, non-compounded, pre-tax annual return, percent Listing Note, Calculation of Listing Value, Cumulative Non-compounded Pre-tax Annual Return Used, Percent of Gross Proceeds Listing Note, Calculation of Listing Value, Cumulative Non-compounded Pre-tax Annual Return Used, Percent of Gross Proceeds Listing amount distribution measurement period (days) Listing Amount Distribution, Measurement Period Beginning 180 Days After Listing Listing Amount Distribution, Measurement Period Beginning 180 Days After Listing Derivative liability Cash Payments to Acquire Businesses, Gross Common stock Business Combination, Consideration Transferred, Equity Interests Issued and Issuable Total consideration transferred Schedule of Share-based Compensation Arrangements by Share-based Payment Award Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] Schedule of Share Based Compensation Total Return Schedule of Share Based Compensation Total Return [Table Text Block] Schedule of Share Based Compensation Total Return [Table Text Block] Advisor and Service Provider Advisor and Service Provider [Member] Advisor and Service Provider [Member] Property Manager Property Manager [Member] Property Manager [Member] American Realty Capital Global Advisors, LLC American Realty Capital Global Advisors, LLC [Member] American Realty Capital Global Advisors, LLC [Member] AR Global, LLC AR Global, LLC [Member] AR Global, LLC [Member] American Realty Capital Global Properties, LLC American Realty Capital Global Properties, LLC [Member] American Realty Capital Global Properties, LLC [Member] Third party professional fees and offering costs Third party professional fees and offering costs [Member] Third party professional fees and offering costs [Member] Chief Executive Officer and President Chief Executive Officer and President [Member] Chief Executive Officer and President [Member] Related Party Fees, by Benchmark [Axis] Related Party Fees, by Benchmark [Axis] Related Party Fees, by Benchmark [Axis] Related Party Fees, Benchmark [Domain] Related Party Fees, Benchmark [Domain] Related Party Fees, Benchmark [Domain] Contract Purchase Price Contract Purchase Price [Member] Contract Purchase Price [Member] Advance on Loan or Other Investment Advance on Loan or Other Investment [Member] Advance on Loan or Other Investment [Member] Amount Available or Outstanding Under Financing Arrangement Amount Available or Outstanding Under Financing Arrangement [Member] Amount Available or Outstanding Under Financing Arrangement [Member] Gross Revenue, Managed Properties Gross Revenue, Managed Properties [Member] Gross Revenue, Managed Properties [Member] Average Invested Assets Average Invested Assets [Member] Average Invested Assets [Member] Net Income, Excluding Additions to Non-cash Reserves and Gains on Sales of Assets Net Income, Excluding Additions to Non-cash Reserves and Gains on Sales of Assets [Member] Net Income, Excluding Additions to Non-cash Reserves and Gains on Sales of Assets [Member] Products and Services [Axis] Products and Services [Axis] Products and Services [Domain] Products and Services [Domain] Unaffiliated Third Party Property Management Services Unaffiliated Third Party Property Management Services [Member] Unaffiliated Third Party Property Management Services [Member] Stock Conversion Description [Axis] Stock Conversion Description [Axis] Conversion of Stock, Name [Domain] Conversion of Stock, Name [Domain] Contribution and Exchange Agreement Contribution and Exchange Agreement [Member] Contribution and Exchange Agreement [Member] Amended Advisory Agreement Amended Advisory Agreement [Member] Amended Advisory Agreement [Member] Fee Benchmark [Axis] Fee Benchmark [Axis] Fee Benchmark [Axis] Fee Benchmark [Domain] Fee Benchmark [Domain] [Domain] for Fee Benchmark [Axis] Property Type [Axis] Property Type [Axis] Property Type [Axis] Property Type [Domain] Property Type [Domain] Property Type [Domain] Singe Tenant Net Lease, Not Part of Shopping Center Singe Tenant Net Lease, Not Part of Shopping Center [Member] Singe Tenant Net Lease, Not Part of Shopping Center [Member] All Other Property Types, Other Than Stand Alone, Single Tenant, Net Leased and Not Part of Shopping Center All Other Property Types, Other Than Stand Alone, Single Tenant, Net Leased and Not Part of Shopping Center [Member] All Other Property Types, Other Than Stand Alone, Single Tenant, Net Leased and Not Part of Shopping Center [Member] Stand Alone, Single Tenant, Net Leased Stand Alone, Single Tenant, Net Leased [Member] Stand Alone, Single Tenant, Net Leased [Member] All Other Properties, Other than Stand Alone, Single Tenant, Net Leased All Other Properties, Other than Stand Alone, Single Tenant, Net Leased [Member] All other properties, other than stand alone, single tenant, net leased [Member] Greater Of Greater Of [Member] Greater Of [Member] Operating partnership units (in shares) Operating Partnership Units Held By Related Party Operating Partnership Units Held By Related Party Proceeds from issuance of operating partnership units Proceeds from Noncontrolling Interests Distributions paid Dividends, Share-based Compensation Ownership percent Related Party Transaction, Ownership Percent Related Party Transaction, Ownership Percent Acquisition fees as a percentage of benchmark Related Party Transaction, Acquisition Fees Earned by Related Party, Percentage of Benchmark Related Party Transaction, Acquisition Fees Earned by Related Party, Percentage of Benchmark Financing advance fees as a percentage of benchmark Related Party Transaction, Financing Advance Fees Earned by Related Party, Percentage of Benchmark Related Party Transaction, Financing Advance Fees Earned by Related Party, Percentage of Benchmark Financing advance fees as a percentage of benchmark, expected third party costs Related Party Transaction, Financing Advance Fees Earned by Related Party, Percentage of Benchmark, Expected Third Party Acquisition Costs Related party transaction, financing fees earned by related party, percentage of benchmark, expected third party acquisition costs as a percentage of benchmark Acquisition and financing coordination fees as a percentage of benchmark Related Party Transaction, Acquisition and Financing Coordination Fees Earned by Related Party, Percentage of Benchmark Related Party Transaction, Acquisition and Financing Coordination Fees Earned by Related Party, Percentage of Benchmark Lock out period (years) Conversion of Stock, Lock-out Period Conversion of Stock, Lock-out Period Minimum monthly base management fee Related Party Transaction, Minimum Monthly Base Management Fee Related Party Transaction, Minimum Monthly Base Management Fee Amended Advisory Agreement, variable fee payable (percent) Related Party Transaction, Monthly Management Variable Fee, Percent Related Party Transaction, Monthly Management Variable Fee, Percent Amended Advisory Agreement, incentive compensation payable in cash (percent) Related Party Transaction, Incentive Compensation, Percent Payable in Cash Related Party Transaction, Incentive Compensation, Percent Payable in Cash Amended Advisory Agreement, incentive compensation payable in shares (percent) Related Party Transaction, Incentive Compensation, Percent Payable in Shares Related Party Transaction, Incentive Compensation, Percent Payable in Shares Amended Advisory Agreement, incentive compensation, percent of core AFFO per share in excess of incentive hurdle of $0.78 per share Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding in Excess pf Incentive Hurdle One Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding in Excess pf Incentive Hurdle One Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle one (USD per share) Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding, Incentive Hurdle One Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding, Incentive Hurdle One Amended Advisory Agreement, incentive compensation, percent of core AFFO per share in excess of incentive hurdle of $1.02 per share Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding in Excess pf Incentive Hurdle Two Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding in Excess pf Incentive Hurdle Two Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle two (USD per share) Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding, Incentive Hurdle Two Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding, Incentive Hurdle Two Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle possible annual increase (percent) Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding, Incentive Hurdle Annual Adjustment, Percent Related Party Transaction, Incentive Compensation, Percent of Core Adjusted Funds from Operations Per Weighted Average Share Outstanding, Incentive Hurdle Annual Adjustment, Percent Amended Advisory Agreement, minimum base management fee and incentive compensation payable, cap on AUM up to $5 Billion (percent) Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Maximum Percent of Assets under Management, Range One Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Maximum Percent of Assets under Management, Range One Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Three Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Three Amended Advisory Agreement, minimum base management fee and incentive compensation payable, cap on AUM of at least $15 billion (percent) Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Maximum Percent of Assets under Management, Range Two Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Maximum Percent of Assets under Management, Range Two Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range two Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Two Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Two Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three calculation base (percent) Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Three Calculation Base Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Three Calculation Base Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum Amount of assets under management, range three calculation denominator Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Three Denominator Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Cap on Annum Aggregate Amount, Maximum Amount of Assets under Management, Range Three Denominator Amended Advisory Agreement, minimum base management fee and incentive compensation payable, cap on AUM between $5 billion and $15 billion (percent) Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Maximum Percent of Assets under Management, Range Three Related Party Transaction, Minimum Base Management Fee and Incentive Compensation Payable, Maximum Percent of Assets under Management, Range Three Amended Advisory Agreement, variable fee payable, maximum sale of investments to trigger possible reduction Related Party Transaction, Variable Fee Payable, Maximum Sale of Investments To Trigger Possible Reduction Related Party Transaction, Variable Fee Payable, Maximum Sale of Investments To Trigger Possible Reduction Oversight fees as a percentage of benchmark Related Party Transaction, Oversight Fees Earned by Related Party, Percentage of Benchmark Related Party Transaction, Oversight Fees Earned by Related Party, Percentage of Benchmark Property management fee, percent fee Property Management Fee, Percent Fee Operating expenses as a percentage of benchmark Related Party Transaction, Operating Expenses as a Percentage of Benchmark Related party transaction, operating expenses as a percentage of benchmark, fee cap Period to reinvest proceeds to not be included in the Sale Related Party Transaction, Period to Reinvest Proceeds Related Party Transaction, Period to Reinvest Proceeds Cash paid for acquired real estate investments Schedule of Foreign Currency Swaps [Table] Schedule of Foreign Currency Swaps [Table] Schedule of Foreign Currency Swaps [Table] Schedule of Foreign Currency Swaps [Line Items] Schedule of Foreign Currency Swaps [Line Items] [Line Items] for Schedule of Foreign Currency Swaps [Table] Net income (loss) attributable to stockholders Net Income (Loss) Available to Common Stockholders, Basic Adjustments to net income (loss) attributable to stockholders for common share equivalents Dilutive Securities, Effect on Basic Earnings Per Share, Dilutive Convertible Securities Adjusted net income (loss) attributable to stockholders Net Income (Loss) Available to Common Stockholders, Diluted EX-101.PRE 10 gnl-20170331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 11 image3a07.gif begin 644 image3a07.gif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end XML 12 R1.htm IDEA: XBRL DOCUMENT v3.7.0.1
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2017
Apr. 30, 2017
Document and Entity Information [Abstract]    
Entity Registrant Name Global Net Lease, Inc.  
Entity Central Index Key 0001526113  
Current Fiscal Year End Date --12-31  
Entity Filer Category Large Accelerated Filer  
Document Type 10-Q  
Document Period End Date Mar. 31, 2017  
Document Fiscal Year Focus 2017  
Document Fiscal Period Focus Q1  
Amendment Flag false  
Entity Shares, Shares Outstanding   66,451,066
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real estate investments, at cost:    
Land $ 382,010 $ 376,704
Buildings, fixtures and improvements 1,989,383 1,967,930
Acquired intangible lease assets 594,319 587,061
Total real estate investments, at cost 2,965,712 2,931,695
Less accumulated depreciation and amortization (242,508) (216,055)
Total real estate investments, net 2,723,204 2,715,640
Cash and cash equivalents 72,354 69,831
Restricted cash 5,149 7,497
Derivatives, at fair value (Note 8) 24,292 28,700
Unbilled straight-line rent 34,206 30,459
Prepaid expenses and other assets 19,579 17,577
Related party notes receivable acquired in Merger (Note 3) 3,211 5,138
Due from related parties 16 16
Deferred tax assets 1,591 1,586
Goodwill and other intangible assets, net 13,408 13,931
Deferred financing costs, net 626 1,092
Total assets 2,897,636 2,891,467
Liabilities and Equity [Abstract]    
Mortgage notes payable, net of deferred financing costs ($4,726 and $5,103 for March 31, 2017 and December 31, 2016, respectively) 758,610 749,884
Mortgage (discount) premium, net (2,400) (2,503)
Credit facility 698,203 616,614
Mezzanine facility, net of discount 0 55,383
Below-market lease liabilities, net 30,901 33,041
Derivatives, at fair value (Note 8) 13,508 15,457
Due to related parties 1,348 2,162
Accounts payable and accrued expenses 22,581 22,861
Prepaid rent 20,476 18,429
Deferred tax liability 15,670 15,065
Taxes payable 7,492 9,059
Dividends payable 29 34
Total liabilities 1,566,418 1,535,486
Commitments and contingencies (Note 10)
Equity:    
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 66,269,225 and 66,258,559 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 1,990 1,990
Additional paid-in capital 1,708,870 1,708,541
Accumulated other comprehensive loss (13,388) (16,695)
Accumulated deficit (373,917) (346,058)
Total stockholders' equity 1,323,555 1,347,778
Non-controlling interest 7,663 8,203
Total equity 1,331,218 1,355,981
Total liabilities and equity $ 2,897,636 $ 2,891,467
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Statement of Financial Position [Abstract]    
Deferred financing costs $ 4,726 $ 5,103
Preferred stock, par value (usd per share) $ 0.01 $ 0.01
Preferred stock, authorized (shares) 50,000,000 50,000,000
Preferred stock, issued (shares) 0 0
Preferred stock, outstanding (shares) 0 0
Common stock, par value (usd per share) $ 0.01 $ 0.01
Common stock, authorized (shares) 300,000,000 300,000,000
Common stock, issued (shares) 66,269,225 66,258,559
Common stock, outstanding (shares) 66,269,225 66,258,559
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental income $ 58,492 $ 51,511
Operating expense reimbursements 4,345 3,443
Total revenues 62,837 54,954
Expenses:    
Property operating 7,236 5,647
Operating fees to related parties 5,730 4,817
Acquisition and transaction related 696 (129)
General and administrative 1,770 1,704
Equity based compensation 16 1,044
Depreciation and amortization 27,114 23,756
Total expenses 42,562 36,839
Operating income 20,275 18,115
Interest expense (11,531) (10,569)
Gains on dispositions of real estate investments 957 0
Losses on derivative instruments (470) (349)
Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness (882) (98)
Other income (expense) 7 9
Total other expense, net (11,919) (11,007)
Net income before income tax 8,356 7,108
Income tax expense (906) (550)
Net income 7,450 6,558
Non-controlling interest (21) (70)
Net income attributable to stockholders $ 7,429 $ 6,488
Basic and Diluted Earnings Per Share:    
Basic and diluted net income per share attributable to stockholders (usd per share) $ 0.11 $ 0.11
Basic and diluted weighted average shares outstanding (shares) 66,271,008 56,312,211
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Statement of Comprehensive Income [Abstract]    
Net income $ 7,450 $ 6,558
Other comprehensive income (loss)    
Cumulative translation adjustment 1,703 66
Designated derivatives, fair value adjustments 1,611 (8,386)
Other comprehensive income (loss) 3,314 (8,320)
Comprehensive income (loss) 10,764 (1,762)
Amounts attributable to non-controlling interest    
Net income (21) (70)
Cumulative translation adjustment (1) (32)
Designated derivatives, fair value adjustments (6) 120
Comprehensive (income) loss attributable to non-controlling interest (28) 18
Comprehensive income (loss) attributable to stockholders $ 10,736 $ (1,744)
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) - 3 months ended Mar. 31, 2017 - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Total Stockholders' Equity
Non-controlling interest
Beginning Balance (in shares) at Dec. 31, 2016   66,258,559          
Beginning Balance at Dec. 31, 2016 $ 1,355,981 $ 1,990 $ 1,708,541 $ (16,695) $ (346,058) $ 1,347,778 $ 8,203
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends declared (35,288)       (35,288) (35,288)  
Equity-based compensation (in shares)   10,666          
Equity-based compensation 16   335     335 (319)
Distributions to non-controlling interest holders (255)           (255)
Net Income 7,450       7,429 7,429 21
Cumulative translation adjustment 1,703     1,702   1,702 1
Designated derivatives, fair value adjustments 1,611     1,605   1,605 6
Rebalancing of ownership percentage     (6)     (6) 6
Ending Balance (in shares) at Mar. 31, 2017   66,269,225          
Ending Balance at Mar. 31, 2017 $ 1,331,218 $ 1,990 $ 1,708,870 $ (13,388) $ (373,917) $ 1,323,555 $ 7,663
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 7,450 $ 6,558
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 14,280 12,606
Amortization of intangibles 12,834 11,150
Amortization of deferred financing costs 880 2,425
Amortization of below-market lease liabilities (826) (622)
Amortization of above-market lease assets 1,016 562
Amortization of above- and below- market ground lease assets 214 76
Bad debt expense 414 0
Unbilled straight-line rent (3,878) (2,801)
Equity based compensation 16 1,044
Unrealized losses on foreign currency transactions, derivatives, and other 1,792 1,809
Unrealized losses on undesignated foreign currency advances and other hedge ineffectiveness 882 98
Gains on dispositions of real estate investments (957) 0
Changes in operating assets and liabilities, net:    
Prepaid expenses and other assets (2,416) (2,363)
Deferred tax assets (13) (20)
Accounts payable and accrued expenses (522) 964
Prepaid rent 2,047 (1,890)
Deferred tax liability 929 143
Taxes payable (1,567) (1,488)
Net cash provided by operating activities 32,728 28,130
Cash flows from investing activities:    
Investment in real estate and real estate related assets (30,290) 0
Capital expenditures (388) (114)
Proceeds from sale of real estate investments 12,440 0
Net cash provided by (used in) investing activities (18,238) (114)
Cash flows from financing activities:    
Borrowings under credit facility 75,335 0
Repayments on credit facility 0 (20,000)
Repayment mezzanine facility (56,537) 0
Payments on mortgage notes payable (206) (189)
Proceeds from issuance of common stock 0 7
(Payments) proceeds of financing costs (102) 87
Dividends paid (35,293) (30,020)
Distributions to non-controlling interest holders (255) (857)
Advances from related parties, net 1,713 135
Restricted cash 2,348 (991)
Net cash provided by (used in) financing activities (12,997) (51,828)
Net change in cash and cash equivalents 1,493 (23,812)
Effect of exchange rate changes on cash 1,030 (339)
Cash and cash equivalents, beginning of period 69,831 69,938
Cash and cash equivalents, end of period 72,354 45,787
Supplemental Disclosures:    
Cash paid for interest 10,426 8,251
Cash paid for income taxes 2,473 2,038
Secured Debt    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of debt (discount) premium, net 136 (121)
Mortgages | Mezzanine Facility    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of debt (discount) premium, net $ 17 $ 0
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Organization
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization
Organization
Global Net Lease, Inc. (the "Company"), formerly known as American Realty Capital Global Trust, Inc., incorporated on July 13, 2011, is a Maryland corporation that elected and qualified to be taxed as a real estate investment trust ("REIT") for United States ("U.S.") federal income tax purposes beginning with the taxable year ended December 31, 2013. The Company operated as a non-traded REIT through June 1, 2015. On June 2, 2015 (the "Listing Date"), the Company listed its shares of common stock, $0.01 par value per share ("Common Stock") on the New York Stock Exchange ("NYSE") under the symbol "GNL" (the "Listing").
On February 28, 2017, the Company completed a reverse stock split of the Company’s Common Stock, OP Units and LTIP Units, at a ratio of 1-for-3 (the “Reverse Stock Split”). No OP Units were issued in connection with the Reverse Stock Split and the Company repurchased any fractional shares outstanding with cash. No payments were made in respect of any fractional OP Units. The Reverse Stock Split was applied to all of the Company’s outstanding shares of Common Stock and therefore did not affect any stockholder’s relative ownership percentage. As a result of the Reverse Stock Split, the number of outstanding shares of the Company’s Common Stock was reduced from 198.8 million to 66.3 million. In addition, at the market open on March 1, 2017, the Common Stock was assigned a new CUSIP number.
All references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect this Reverse Stock Split.
The Company was formed to primarily acquire a diversified portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net-leased commercial properties. As of March 31, 2017, the Company owned 312 properties consisting of 22.2 million rentable square feet, which were 100% leased, with a weighted average remaining lease term of 9.5 years. Based on original purchase price or acquisition value with respect to properties acquired in the Merger (as defined below), 49.5% of the Company's properties are located in the U.S. and the Commonwealth of Puerto Rico and 50.5% are located in Europe. The Company may also originate or acquire first mortgage loans secured by real estate. As of March 31, 2017, the Company did not own any mezzanine loans, preferred equity or securitized loans.
On June 30, 2014, the Company completed its initial public offering ("IPO") after selling 57.4 million of its Common Stock, at a price of $30.00 per share, subject to certain volume and other discounts. In addition, the Company issued an additional 0.4 million shares pursuant to its dividend reinvestment program (the "DRIP"). On April 7, 2015, in anticipation of the Listing, the Company announced the suspension of the DRIP. On May 7, 2015, the Company filed a post-effective amendment to its registration statement on Form S-11 (File No. 001-37390) (as amended, the "Registration Statement") to deregister the unsold shares registered under the Registration Statement. The Company's DRIP was terminated effective December 9, 2016.
In connection with the Listing, the Company offered to purchase up to 4.0 million shares of its Common Stock at a price of $31.50 per share (the “Tender Offer”). As a result of the Tender Offer, on July 6, 2015, the Company purchased approximately 4.0 million shares of its Common Stock at a price of $31.50 per share, for an aggregate amount of $125.0 million, excluding fees and expenses relating to the Tender Offer and including fractional shares repurchased thereafter.
Substantially all of the Company's business is conducted through Global Net Lease Operating Partnership, L.P. (the "OP"), a Delaware limited partnership. At Listing, the OP had issued 603,219 units of limited partnership interests ("OP Units") to limited partners other than the Company, of which 487,252 OP Units were issued to Global Net Lease Advisors, LLC (the "Advisor") and 115,967 OP Units were issued to Moor Park Capital Partners LLP (the "Service Provider") (see Note 11Related Party Transactions). Subsequent to the Listing, all OP Units issued to the Advisor were transferred to individual investors. In accordance with the limited partnership agreement of the OP, a holder of OP Units has the right to convert OP Units, at the Company's option, for a corresponding number of shares of the Company's Common Stock or the cash value of those corresponding shares. The remaining rights of the limited partner interests are limited and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. On September 2, 2016, 421,378 of the OP Units were converted into Common Stock, of which 305,411 were issued to individual members and employees of AR Global Investments, LLC (the successor business to AR Capital LLC "AR Global") and 115,967 were issued to the Service Provider. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
The Company has retained the Advisor to manage the Company's affairs on a day-to-day basis. The properties are managed and leased by Global Net Lease Properties, LLC (the "Property Manager"). The Advisor, Property Manager and Global Net Lease Special Limited Partner, LLC (the "Special Limited Partner") are under common control with the parent of AR Capital Global Holdings, LLC (the "Sponsor"), as a result of which they are related parties. These related parties receive compensation and fees for various services provided to the Company. The Advisor has entered into a service provider agreement with the Service Provider, pursuant to which the Service Provider provides, subject to the Advisor's oversight, certain real estate related services, as well as sourcing and structuring of investment opportunities, performance of due diligence, and arranging debt financing and equity investment syndicates, solely with respect to investments in Europe.
The Company and American Realty Capital Global Trust II, Inc. ("Global II"), an entity formerly sponsored by an affiliate of the Sponsor, entered into an agreement and plan of merger on August 8, 2016 (the "Merger Agreement"). On December 22, 2016, pursuant to the Merger Agreement, Global II merged with and into Mayflower Acquisition LLC (the "Merger Sub"), a Maryland limited liability company and wholly owned subsidiary of the Company, at which time the separate existence of Global II ceased and the Company became the parent of the Merger Sub (the "Merger").
In addition, pursuant to the Merger Agreement, American Realty Capital Global II Operating Partnership, L.P., a Delaware limited partnership and the operating partnership of Global II (the "Global II OP"), merged with the OP, with the OP being the surviving entity (the "Partnership Merger" and together with the Merger, the "Mergers"). As a result of the Mergers, the Company acquired the business of Global II, which immediately prior to the effective time of the Merger, owned a portfolio of commercial properties, including single tenant net-leased commercial properties two of which were located in the U.S., three of which were located in the United Kingdom and 10 of which were located in continental Europe (see Note 3Merger Transaction).
The Company and Global II each were sponsored, directly or indirectly, by the Sponsor. The Sponsor and its affiliates provide or provided asset management services to the Company and Global II pursuant to written advisory agreements. In connection with the Merger Agreement, the Sponsor and its affiliates had the vesting of certain of their restricted interests in Global II and the Global II OP accelerated.
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies
The accompanying unaudited consolidated financial statements of the Company included herein were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to this Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished includes all adjustments and accruals of a normal recurring nature, which, in the opinion of management, are necessary for a fair statement of results for the interim periods. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the three months ended March 31, 2017 are not necessarily indicative of the results for the entire year or any subsequent interim period.
These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2016, which are included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on February 28, 2017. There have been no significant changes to the Company's significant accounting policies during the three months ended March 31, 2017, other than the updates described below and the subsequent notes.
Principles of Consolidation
The accompanying unaudited consolidated financial statements include the accounts of the Company, the OP and its subsidiaries. All inter-company accounts and transactions are eliminated in consolidation. In determining whether the Company has a controlling financial interest in a joint venture and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, authority to make decisions and contractual and substantive participating rights of the other partners or members as well as whether the entity is a variable interest entity ("VIE") for which the Company is the primary beneficiary. The Company has determined that the OP is a VIE of which the Company is the primary beneficiary. Substantially all of the Company's assets and liabilities are held by the OP.
Income Taxes
The Company qualified to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the taxable year ended December 31, 2013. Commencing with such taxable year, the Company was organized to operate in such a manner as to qualify for taxation as a REIT under the Code. The Company intends to continue to operate in such a manner to continue to qualify for taxation as a REIT, but no assurance can be given that it will operate in a manner so as to remain qualified as a REIT. As a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes annually all of its REIT taxable income. REIT's are subject to a number of other organizational and operational requirements. The Company conducts business in various states and municipalities within the U.S. (including Puerto Rico), United Kingdom and continental Europe and, as a result, the Company or one of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and certain foreign jurisdictions. As a result, the Company may be subject to certain federal, state, local and foreign taxes on its income and assets, including alternative minimum taxes, taxes on any undistributed income and state, local or foreign income, franchise, property and transfer taxes. Any of these taxes decrease Company's earnings and available cash.
In addition, the Company's international assets and operations, including those designated as direct or indirect qualified REIT subsidiaries or other disregarded entities of a REIT, continue to be subject to taxation in the foreign jurisdictions where those assets are held or those operations are conducted. During the period from July 13, 2011 (date of inception) to December 31, 2012, the Company elected to be taxed as a corporation, pursuant to which income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recorded for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax basis of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards, using expected tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on technical merits, that the position will be sustained upon examination. Because, the Company elected and qualified to be taxed as a REIT commencing with the taxable year ended December 31, 2013, it does not anticipate that any applicable deferred tax assets or liabilities will be realized.
Significant judgment is required in determining the Company's tax provision and in evaluating its tax positions. The Company establishes tax reserves based on a benefit recognition model, which the Company believes could result in a greater amount of benefit (and a lower amount of reserve) being initially recognized in certain circumstances. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50 percent likely of being ultimately realized upon settlement. The Company derecognizes the tax position when the likelihood of the tax position being sustained is no longer more likely than not.
The Company recognizes deferred income taxes in certain of its subsidiaries taxable in the U.S. or in foreign jurisdictions. Deferred income taxes are generally the result of temporary differences (items that are treated differently for tax purposes than for GAAP purposes). In addition, deferred tax assets arise from unutilized tax net operating losses, generated in prior years. The Company provides a valuation allowance against its deferred income tax assets when it believes that it is more likely than not that all or some portion of the deferred income tax asset may not be realized. Whenever a change in circumstances causes a change in the estimated realizability of the related deferred income tax asset, the resulting increase or decrease in the valuation allowance is included in deferred income tax expense (benefit).
The Company derives most of its REIT taxable income from its real estate operations in the U.S. and has historically distributed all of its REIT taxable income to its shareholders. As such, the Company's real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations may be subject to certain state, local, and foreign taxes, as applicable.
The Company's deferred tax assets and liabilities are primarily the result of temporary differences related to the following:
Basis differences between tax and GAAP for certain international real estate investments. For income tax purposes, in certain acquisitions, the Company assumes the seller’s basis, or the carry-over basis, in the acquired assets. The carry-over basis is typically lower than the purchase price, or the GAAP basis, resulting in a deferred tax liability with an offsetting increase to goodwill or the acquired tangible or intangible assets;
Timing differences generated by differences in the GAAP basis and the tax basis of assets such as those related to capitalized acquisition costs and depreciation expense; and
Tax net operating losses in certain subsidiaries, including those domiciled in foreign jurisdictions that may be realized in future periods if the respective subsidiary generates sufficient taxable income.
The Company recognizes current income tax expense for state and local income taxes and taxes incurred in its foreign jurisdictions. The Company's current income tax expense fluctuates from period to period based primarily on the timing of its taxable income. For the three months ended March 31, 2017 and 2016, the Company recognized an income tax expense of $0.9 million and $0.6 million, respectively. Deferred income tax (expense) benefit is generally a function of the period’s temporary differences and the utilization of net operating losses generated in prior years that had been previously recognized as deferred income tax assets from state and local taxes in the U.S. or in foreign jurisdictions.
Revision to previously issued financial statements
During the six months ended June 30, 2016, the Company identified errors in the preparation of its consolidated statements of comprehensive income (loss) and consolidated statement of changes in equity since 2014 which impacted the quarterly financial statements for the periods ended March 31, June 30 and September 30, 2015 and 2014 and the years ended December 31, 2015 and 2014. Specifically, the Company had been reflecting the fair value adjustments for its cross currency derivatives designated as net investment hedges on its foreign investments as part of “Designated derivatives - fair value adjustments” within Other Comprehensive Income ("OCI") rather than treating them as part of “Cumulative translation adjustments” also in OCI consistent with the treatment of the hedged item as required by ASC 815. The Company concluded that the errors noted above were not material to any historical periods presented. However, in order to correctly present the cumulative translation adjustment and designated derivatives, fair value adjustment in the appropriate period, management revised previously issued financial statements. The Company has revised its presentations of OCI for the first quarter of 2017 for comparative purposes. The effects of these revisions are summarized below:
(In thousands)
 
As originally Reported
 
Adjustment
 
As Revised
Three months ended March 31, 2016
 
 
 
 
 
 
Cumulative translation adjustment
 
$
2,996

 
$
(2,930
)
 
$
66

Designated derivatives, fair value adjustments
 
(11,316
)
 
2,930

 
(8,386
)
Total OCI
 
$
(8,320
)
 
$

 
$
(8,320
)

Out-of-period adjustments
During the first and second quarters of 2015, the Company had recorded the following out-of period adjustments to correct errors from prior periods: (i) additional rental income and accrued rent of $0.3 million related to the straight-line rent effect of correctly including termination payments required under leases with cancellation clauses that were considered probable when assessing the lease term and (ii) additional taxes of $0.9 million representing current foreign taxes payable of $1.2 million and a deferred tax asset of $0.3 million, both relating to 2014. The Company also recorded an out-of-period adjustment in the fourth quarter 2015 to correct an additional error in income taxes of $0.5 million relating to 2014 which resulted from errors in estimating its income tax expense. The Company concluded that these adjustments were not material to the financial position or results of operations for the current period or any of the prior periods, accordingly, the Company recorded the related adjustments in the periods they were identified during the year ended December 31, 2015.
In addition, the Company identified errors in accounting for certain cross currency derivatives that were no longer designated as hedges subsequent to their restructuring on February 4, 2015 (see Note 8Derivatives and Hedging Activities). Gains that should have been included in net income (loss) were instead included in other comprehensive income (loss) of approximately $0.5 million during the three month period ended March 31, 2015. The Company has concluded that this adjustment is not material to the financial position or results of operations for the prior periods. The Company recorded the related adjustment in the period it was identified during the year ended December 31, 2015.
Listing Note
Concurrent with the Listing, the Company, as the general partner of the OP, caused the OP, subject to the terms of the Second Amended and Restated Limited Partnership Agreement, to issue a note (the "Listing Note") to the Special Limited Partner, to evidence the OP’s obligation to distribute to the Special Limited Partner an aggregate amount (the "Listing Amount") equal to 15.0% of the difference (to the extent the result is a positive number) between:
the sum of (i) the "market value" (as defined in the Listing Note) of all of the Company’s outstanding shares of Common Stock plus (ii) the sum of all distributions or dividends (from any source) paid by the Company to its stockholders prior to the Listing; and
the sum of (i) the total amount raised in the Company’s IPO and its DRIP prior to the Listing ("Gross Proceeds") plus (ii) the total amount of cash that, if distributed to those stockholders who purchased shares in the IPO and under the DRIP, would have provided those stockholders a 6.0% cumulative, non-compounded, pre-tax annual return (based on a 365-day year) on the Gross Proceeds.
The market value used to calculate the Listing Amount was not determinable until January 2016, which was the end of a measurement period of 30 consecutive trading days, that commenced on the 180th calendar day following the Listing. The Special Limited Partner had the right to receive distributions of Net Sales Proceeds, as defined in the Listing Note, until the Listing Note is paid in full; provided that, the Special Limited Partner had the right, but not the obligation, to convert the entire special limited partner interest into OP Units. Those OP Units would be convertible for the cash value of a corresponding number of shares of Common Stock or, at the Company's option, a corresponding number of shares of Common Stock in accordance with the terms contained in the Second Amended and Restated Limited Partnership Agreement.
Until the amount of the Listing Note was determined, the Listing Note was considered a liability which was marked to fair value at each reporting date, with changes in the fair value recorded in the consolidated statements of operations. The final value of the Listing Note on maturity at January 2016 was determined to be zero.
Multi-Year Outperformance Agreement
Concurrent with the Listing and modifications to the Advisor agreement, the Company entered into a Multi-Year Outperformance Agreement (the “OPP”) with the OP and the Advisor (see Note 13 Share-Based Compensation). The Company records equity based compensation expense associated with the awards over the requisite service period of five years. The cumulative equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance.
Recently Issued Accounting Pronouncements
Adopted:
In March 2016, the FASB issued ASU 2016-05 Derivatives and Hedging (Topic 815), Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships. Under the new guidance, the novation of a derivative contract in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The guidance is effective for fiscal years beginning after December 15, 2016, and interim periods therein. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In March 2016, the FASB issued an update on ASU 2016-09 Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The guidance changes the accounting for certain aspects of share-based compensation. Among other things, the revised guidance allows companies to make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In October 2016, the FASB issued ASU 2016-17 Interest Held through Related Parties that Are under Common Control (Topic 810) guidance where a reporting entity will need to evaluate if it should consolidate a VIE. The amendments change the evaluation of whether a reporting entity is the primary beneficiary of a VIE by changing how a single decision maker of a VIE treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In January 2017, the FASB issued ASU 2017-01 Clarifying the Definition of a Business (Topic 805) guidance that revises the definition of a business. Amongst other things, this new guidance is applicable when evaluating whether an acquisition (disposal) should be treated as either a business acquisition (disposal) or an asset acquisition (disposal). Under the revised guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset or group of similar assets, the assets acquired would not be considered a business. The revised guidance is effective for reporting periods beginning after December 15, 2017, and the amendments will be applied prospectively. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. While Company's acquisitions have historically been classified as either business combinations or asset acquisitions, certain acquisitions that were classified as business combinations by the Company likely would have been considered asset acquisitions under the new standard. As a result, future transaction costs are more likely to be capitalized since the Company expects most of its future acquisitions to be classified as asset acquisitions under this new standard.
Pending Adoption:
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). Under the revised guidance, an entity is required to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised guidance allows entities to apply either a full retrospective or modified retrospective transition method upon adoption. In July 2015, the FASB finalized a one-year delay of the revised guidance, although entities will be allowed to early adopt the guidance as of the original effective date. The new guidance will be effective in the Company's 2018 fiscal year. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In January 2016, the FASB issued ASU 2016-01 Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10). The revised guidance amends the recognition and measurement of financial instruments. The new guidance significantly revises an entity’s accounting related to equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. Among other things, it also amends the presentation and disclosure requirements associated with the fair value of financial instruments. The revised guidance is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is not permitted for most of the amendments in the update. The Company is currently evaluating the impact of this new guidance.
In February 2016, the FASB issued ASU 2016-02 Leases (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company’s consolidated financial statements as the Company has certain operating and land lease arrangements for which it is the lessee. ASC 842 supersedes the previous leases standard, ASC 840 Leases. The standard is effective on January 1, 2019, with early adoption permitted. The Company is in the process of evaluating the impact of this new guidance.
In March 2016, the FASB issued ASU 2016-08 Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net). The guidance requires an entity to determine whether the nature of its promise to provide goods or services to a customer is performed in a principal or agent capacity and to recognize revenue in a gross or net manner based on its principal/agent designation. This guidance is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In April 2016, the FASB issued ASU 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. The amendments in this update do not change the core principle of the guidance in Topic 606 but rather, clarify aspects of identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In May 2016, the FASB issued ASU 2016-12 Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients. The amendments provide clarifying guidance in a few narrow areas and add some practical expedients to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with Topic 606, which the FASB expects will reduce the potential for diversity arising in practice and reduce the cost and complexity of applying the guidance. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In August 2016, the FASB issued ASU 2016-15 Statement of Cash Flows (Topic 230) guidance on how certain transactions should be classified and presented in the statement of cash flows as either operating, investing or financing activities. Among other things, the update provides specific guidance on where to classify debt prepayment and extinguishment costs, payments for contingent consideration made after a business combination and distributions received from equity method investments. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In November 2016, the FASB issued ASU 2016-18 Restricted Cash (a consensus of the FASB Emerging Issues Task Force) (Topic 230) guidance on the classification of restricted cash in the statement of cash flows. The amendment requires restricted cash to be included in the beginning-of-period and end-of-period total cash amounts. Therefore, transfers between cash and restricted cash will no longer be shown on the statement of cash flows. The guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In January 2017, the FASB issued ASU 2017-04 Intangibles - Goodwill and Other (Topic 350) guidance on simplifying subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this update modify the concept of impairment from the condition that exists to when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. The revised guidance is effective for reporting periods beginning after December 15, 2019, and the amendments will be applied prospectively. Early application is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of this new guidance.
In February 2017, the FASB issued ASU 2017-05, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets guidance related to partial sales of non-financial assets, eliminates rules specifically addressing the sales of real estate, clarifies the definition of in substance non-financial assets, removes exception to the financial asset derecognition model and clarifies the accounting for contributions of non-financial assets to joint ventures. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted, but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating the impact of this new guidance.
XML 21 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1
Merger Transaction
3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Merger Transaction
Merger Transaction
Pursuant to the Merger Agreement, each outstanding share of Global II's common stock, including restricted shares of common stock, par value $0.01 per share ("Global II Common Stock"), other than shares owned by the Company, any subsidiary of the Company or any wholly owned subsidiary of Global II, was converted into the right to receive 2.27 shares of the Company's Common Stock (such consideration, the “Stock Merger Consideration”), and each outstanding unit of limited partnership interest and Class B interest of the Global II OP (collectively, “Global II OP Units”) was converted into the right to receive 2.27 shares of the Company's Common Stock (the “Partnership Merger Consideration” and, together with the Stock Merger Consideration, the “Merger Consideration”), in each case with cash paid in lieu of fractional shares.
In addition, as provided in the Merger Agreement, all outstanding restricted stock of Global II became fully vested and entitled to receive the Merger Consideration.
The Company issued 9.6 million of its Common Stock as consideration in the Merger. Based upon the closing price of the shares of the Company's Common Stock of $23.10 on December 21, 2016, as reported on the NYSE, and the number of shares of Global II Common Stock outstanding, including unvested restricted shares and OP Units, net of any fractional shares on December 21, 2016, the aggregate fair value of the Merger Consideration paid to former holders of Global II Common Stock and former holders of units of Global II OP Units was $220.9 million.
On December 22, 2016 (the "Merger Date"), pursuant to the Merger Agreement, Global II merged with and into the Merger Sub. In addition, Global II OP, merged with the OP (see Note 1 — Organization for details). The fair value of the consideration transferred for the Mergers totaled $220.9 million and consisted of the following:
 
 
As of Merger Date
Fair value of consideration transferred:
 
 
Cash
 
$

Common stock
 
220,868

Total consideration transferred
 
$
220,868


Accounting Treatment of the Mergers
The Mergers are accounted for under the acquisition method for business combinations pursuant to GAAP, with the Company as the accounting acquirer of Global II. The consideration to be transferred by the Company to acquire Global II establishes a new accounting basis for the assets acquired, liabilities assumed and any non-controlling interests, measured at their respective fair value as of the Merger Date. To the extent fair value of the Merger Consideration exceeds fair value of net assets acquired, any such excess represents goodwill. Alternatively, if fair value of net assets acquired exceeds fair value of the Merger Consideration, the transaction could result in a bargain purchase gain that is recognized immediately in earnings and attributable to the Company's common stockholders. Adjustments to estimated fair value of identifiable assets and liabilities of Global II, as well as adjustments to the Merger Consideration may change the determination and amount of goodwill and/or bargain purchase gain and may impact depreciation, amortization and accretion based on revised fair value of assets acquired and liabilities assumed. The actual value of the Merger Consideration is based upon the market price of the Company's Common Stock at the time of closing of the Merger.
Allocation of Consideration
The consideration transferred pursuant to the Merger was allocated to the assets acquired and liabilities assumed for Global II, based upon their estimated fair values as of the Merger Date. As of December 31, 2016, the allocations in the table below from land, buildings and fixtures and improvements, acquired intangible lease assets and liabilities, were provisionally assigned to each class of assets and liabilities, pending final confirmation, which will be made with assistance from a third party specialist for the Merger acquisitions acquired on the Merger Date. The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, including all measurement period adjustments as of March 31, 2017.
(Dollar amounts in thousands)
 
Global II
Total consideration:
 
 
Fair value of Company's shares of common stock issued, net of fractional shares
 
$
220,868

Assets Acquired at Fair Value
 
 
Land
 
70,921

Buildings, fixtures and improvements
 
390,542

Acquired intangible lease assets
 
112,866

Total real estate investments, at fair value
 
574,329

Restricted cash
 
7,575

Derivatives, at fair value
 
21,808

Prepaid expenses and other assets
 
1,317

Related party notes receivable acquired in Merger
 
5,138

Due from related parties
 
1,463

Deferred tax assets
 
368

Goodwill and other intangible assets, net
 
10,282

Total Assets Acquired at Fair Value
 
622,280

Liabilities Assumed at Fair Value
 
 
Mortgage notes payable
 
279,032

Mortgage (discount) premium, net
 
(2,724
)
Mezzanine facility
 
107,047

Mezzanine discount, net
 
(26
)
Acquired intangible lease liabilities, net
 
8,516

Derivatives, at fair value
 
3,911

Accounts payable and accrued expenses
 
7,212

Prepaid rent
 
6,001

Deferred tax liability
 
9,763

Taxes payable
 
1,661

Dividend payable
 
2

Total Liabilities Assumed at Fair Value
 
420,395

Net assets acquired excluding cash
 
201,885

Cash acquired on acquisition
 
$
18,983


See Note 4Real Estate Investments, Net for pro forma disclosures relating to the Global II Merger in 2016 and other property acquisitions during the three months ended March 31, 2017.

Acquired Related Party Receivable
On December 16, 2016, Global II entered into a letter agreement (the “Letter Agreement”) with American Realty Capital Global II Advisors, LLC (“Global II Advisor”), and AR Global, the parent of the Global II Advisor, pursuant to which the Global II Advisor agreed to reimburse Global II $6.3 million in organization and offering costs incurred by Global II in its IPO (the “Global II IPO”) that exceeded 2.0% of gross offering proceeds in the Global II IPO (the “Excess Amount”). Global II's IPO was suspended in November 2015 and lapsed in accordance with its terms in August 2016. The Letter Agreement was negotiated on behalf of Global II, and approved, by the independent directors of Global II.
The Letter Agreement provided for reimbursement of the Excess Amount to Global II through (1) the tender of 22,115 Class B Units of limited partnership interest of Global II’s OP ("Global II Class B Units"), previously issued to the Global II Advisor as payment in lieu of cash for its provision of asset management services, and (2) the payment of the balance of the Excess Amount in equal cash installments over an eight month period. The value of the Excess Amount was determined using a valuation for each Global II Class B Unit based on the 30-day volume weighted average price of each share of of Company Stock on the Merger Date.
Upon consummation of the Merger, Class B Units were tendered to the Company and the balance of the excess amount of $5.1 million was payable in eight equal monthly installments beginning on January 15, 2017. Such receivable was acquired by the Company in the Merger. During the three months ended March 31, 2017, the Company received $1.9 million in payments with respect to the excess organization and offering costs incurred by Global II. AR Global has unconditionally and irrevocably guaranteed Global II Advisor’s obligations to repay the monthly installments.
XML 22 R11.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments, Net
3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Real Estate Investments, Net
Real Estate Investments, Net
Property Acquisitions
The following table presents the allocation of the assets acquired and liabilities assumed during the three months ended March 31, 2017 based on contract purchase price, excluding acquisition related costs, based on the exchange rate at the time of purchase. There were no acquisitions during the three months ended March 31, 2016.
 
 
Three Months Ended
(Dollar amounts in thousands)
 
March 31, 2017
Real estate investments, at cost:
 
 
Land
 
$
5,443

Buildings, fixtures and improvements
 
22,131

Total tangible assets
 
27,574

Intangibles acquired:
 
 
In-place leases
 
4,003

Above market lease assets
 
47

Below market lease liabilities
 
(1,334
)
Total assets acquired, net
 
30,290

Mortgage notes payable used to acquire real estate investments
 

Cash paid for acquired real estate investments
 
$
30,290

Number of properties purchased
 
3


Dispositions
As of March 31, 2017 and December 31, 2016, the Company did not have any properties that are classified as assets held for sale. The Company did not sell any real estate assets during the three months ended March 31, 2016. During the three months ended March 31, 2017, the Company sold its property located in Fort Washington, Pennsylvania for a total contract sales price of $13.0 million for a gain of $0.4 million, which is reflected in gains on dispositions of real estate investments in the accompanying consolidated statements of operations for the three months ended March 31, 2017. Also included in gains on dispositions of real estate investments is approximately $0.6 million reduction in the Gain Fee payable to the Advisor as a result of reinvestments during the three months ended March 31, 2017 (see Note 11 —  Related Party Transactions for details).
Future Minimum Rents
The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of March 31, 2017. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indices among other items.
(In thousands)
 
Future Minimum
Base Rent Payments (1)
2017 (remainder)
 
$
171,422

2018
 
232,008

2019
 
234,884

2020
 
237,695

2021
 
235,617

2022
 
226,038

Thereafter
 
805,696

 
 
$
2,143,360

___________________________________________
(1) 
Based on the exchange rates as of March 31, 2017.
There were no tenants whose annualized rental income on a straight-line basis represented 10.0% or greater of consolidated annualized rental income on a straight-line basis for all portfolio properties as of March 31, 2017 and 2016.
The following table lists the countries and states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than 10.0% of consolidated annualized rental income on a straight-line basis as of March 31, 2017 and 2016.
 
 
March 31,
Country or State
 
2017
 
2016
United Kingdom
 
21.8%
 
18.6%
United States:
 
 
 
 
Texas
 
*
 
11.4%
___________________________________________
*
Geography's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.
XML 23 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
Credit Borrowings
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Credit Borrowings
Credit Borrowings
Credit Facility
On July 25, 2013, the Company, through the OP, entered into a credit facility (the "Credit Facility") that provided for aggregate revolving loan borrowings of up to $50.0 million (subject to borrowing base availability). The Credit Facility has been amended at various times, and maximum borrowings have increased to $740.0 million, with the most recent increase being on August 24, 2015. The Company had $698.2 million (including £177.2 million and €310.2 million) and $616.6 million (including £177.2 million and €258.9 million) outstanding under the Credit Facility as of March 31, 2017 and December 31, 2016, respectively.
Availability of borrowings is based on a pool of eligible unencumbered real estate assets. On July 25, 2016, the Company extended the maturity date of the Credit Facility to July 25, 2017, for an extension fee of $1.5 million. There is an additional one-year extension option remaining, subject to certain conditions.
The Company has the option, based upon its consolidated leverage ratio, to have draws under the Credit Facility priced at either the Alternate Base Rate (as described below) plus 0.60% to 1.20% or at Adjusted LIBOR (as described below) plus 1.60% to 2.20%. The Alternate Base Rate is defined in the Credit Facility as a rate per annum equal to the greatest of (a) the fluctuating annual rate of interest announced from time to time by the lender as its “prime rate” in effect on such day, (b) the federal funds effective rate in effect on such day plus half of 1% and (c) the Adjusted LIBOR for a one-month interest period on such day plus 1%. Adjusted LIBOR refers to LIBOR multiplied by the statutory reserve rate, as determined by the Federal Reserve System of the United States. The Credit Facility agreement requires the Company to pay an unused fee per annum of 0.25% if the unused balance of the Credit Facility exceeds or is equal to 50% of the available facility or a fee per annum of 0.15% if the unused balance of the Credit Facility is less than 50% of the available facility. As of March 31, 2017, the Credit Facility reflected variable and fixed rate borrowings with a carrying value and fair value of $698.2 million, and a weighted average effective interest rate of 2.6% after giving effect to interest rate swaps in place. The unused borrowing capacity under the Credit Facility as of March 31, 2017 and December 31, 2016 was $33.1 million and $113.0 million, respectively.
The Credit Facility agreement provides for quarterly interest payments for each Alternate Base Rate loan and periodic payments for each Adjusted LIBOR loan, based upon the applicable LIBOR loan period, with all principal outstanding being due on the extended maturity date in July 2017. The Credit Facility agreement may be prepaid at any time, in whole or in part, without premium or penalty, subject to prior notice to the lender. In the event of a default, the lender has the right to terminate its obligations under the Credit Facility agreement and to accelerate the payment on any unpaid principal amount of all outstanding loans. The Credit Facility requires the Company to meet certain financial covenants, including the maintenance of certain financial ratios (such as specified debt to equity and debt service coverage ratios) as well as the maintenance of a minimum net worth. As of March 31, 2017, the Company was in compliance with the financial covenants under the Credit Facility.
A portion of foreign currency draws under the Credit Facility are designated as net investment hedges of the Company's investments during the periods reflected in the consolidated statements of operations (see Note 8 — Derivatives and Hedging Activities for further discussion).
Bridge Loan Facility
On August 8, 2016, in connection with the execution of the Merger Agreement, the OP entered into a bridge loan commitment letter (the "Bridge Commitment"), pursuant to which UBS Securities LLC and UBS AG, Stamford Branch agreed to provide a $150.0 million senior secured bridge loan facility for a term of 364 days from the date of the merger transaction. The Bridge Commitment required a 1.50% fee of the commitment amount upon execution. Upon closing of the Merger, the Company did not exercise its rights under the Bridge Commitment and as a result thereof, the Bridge Commitment was automatically terminated at the Merger.
Mezzanine Facility
In connection with the Merger, the Company assumed a mezzanine loan agreement (the "Mezzanine Facility") with an estimated aggregate fair value of $107.0 million. The Mezzanine Facility, which provided for aggregate borrowings up to €128.0 million ($136.7 million based upon an exchange rate as of March 31, 2017) subject to certain conditions. The Mezzanine Facility bore interest at 8.25% per annum, payable quarterly, and was scheduled to mature on August 13, 2017.
On March 30, 2017, the Company terminated the Mezzanine Facility agreement and repaid in full the outstanding balance of $56.5 million (or €52.7 million). The outstanding balance of the Mezzanine Facility was $55.4 million (or €52.7 million) as of December 31, 2016. The Company had no unused borrowing capacity under the Mezzanine Facility as of December 31, 2016.
Unencumbered Assets
The total gross carrying value of unencumbered assets as of March 31, 2017 was $1.5 billion.
XML 24 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
Mortgage Notes Payable
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Mortgage Notes Payable
Mortgage Notes Payable
Mortgage notes payable as of March 31, 2017 and December 31, 2016 consisted of the following:
 
 
 
 
Encumbered Properties
 
Outstanding Loan Amount (1)
 
Effective Interest Rate
 
Interest Rate
 
 
Country
 
Portfolio
 
 
March 31, 2017
 
December 31, 2016
 
 
 
Maturity
 
 
 
 
 
 
(In thousands)
 
(In thousands)
 
 
 
 
 
 
Finland:
 
Finnair
 
4
 
$
30,338

 
$
29,878

 
2.2%
(2) 
Fixed
 
Sep. 2020
 
 
Tokmanni
 
1
 
30,952

 
30,483

 
2.4%
(2) 
Fixed
 
Oct. 2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
France:
 
Auchan (5)
 
1
 
8,866

 
8,732

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Pole Emploi (5)
 
1
 
6,196

 
6,102

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Sagemcom (5)
 
1
 
38,349

 
37,768

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Worldline (5)
 
1
 
5,341

 
5,260

 
1.9%
(2) 
Fixed
 
Jul. 2020
 
 
DCNS (5)
 
1
 
10,148

 
9,994

 
1.5%
(2) 
Fixed
 
Dec. 2020
 
 
ID Logistics II (5)
 
2
 
11,216

 
11,046

 
1.3%
 
Fixed
 
Jun. 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Germany
 
Rheinmetall
 
1
 
11,323

 
11,152

 
2.6%
(2) 
Fixed
 
Jan. 2019
 
 
OBI DIY
 
1
 
4,807

 
4,734

 
2.4%
 
Fixed
 
Jan. 2019
 
 
RWE AG
 
3
 
66,765

 
65,753

 
1.6%
(2) 
Fixed
 
Oct. 2019
 
 
Rexam
 
1
 
5,619

 
5,534

 
1.8%
(2) 
Fixed
 
Oct. 2019
 
 
Metro Tonic
 
1
 
28,308

 
27,879

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
ID Logistics I (5)
 
1
 
4,273

 
4,208

 
1.0%
 
Fixed
 
Oct. 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Luxembourg:
 
DB Luxembourg (5)
 
1
 
38,456

 
37,873

 
1.4%
(2) 
Fixed
 
May 2020
The Netherlands:
 
ING Amsterdam (5)
 
1
 
47,002

 
46,290

 
1.7%
(2) 
Fixed
 
Jun. 2020
 
 
Total EUR denominated
 
22
 
347,959

 
342,686

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United Kingdom:
 
McDonald's
 
1
 
949

 
938

 
4.1%
(2) 
Fixed
 
Oct. 2017
 
 
Wickes Building Supplies I
 
1
 
2,431

 
2,402

 
3.7%
(2) 
Fixed
 
May 2018
 
 
Everything Everywhere
 
1
 
4,995

 
4,936

 
4.0%
(2) 
Fixed
 
Jun. 2018
 
 
Thames Water
 
1
 
7,493

 
7,405

 
4.1%
(2) 
Fixed
 
Jul. 2018
 
 
Wickes Building Supplies II
 
1
 
2,060

 
2,036

 
4.2%
(2) 
Fixed
 
Jul. 2018
 
 
Northern Rock
 
2
 
6,556

 
6,479

 
4.4%
(2) 
Fixed
 
Sep. 2018
 
 
Wickes Building Supplies III
 
1
 
2,373

 
2,345

 
4.3%
(2) 
Fixed
 
Nov. 2018
 
 
Provident Financial
 
1
 
15,922

 
15,735

 
4.1%
(2) 
Fixed
 
Feb. 2019
 
 
Crown Crest
 
1
 
24,039

 
23,757

 
4.2%
(2) 
Fixed
 
Feb. 2019
 
 
Aviva
 
1
 
19,606

 
19,376

 
3.8%
(2) 
Fixed
 
Mar. 2019
 
 
Bradford & Bingley
 
1
 
9,441

 
9,330

 
3.5%
(2) 
Fixed
 
May 2020
 
 
Intier Automotive Interiors
 
1
 
5,900

 
5,831

 
3.5%
(2) 
Fixed
 
May 2020
 
 
Capgemini
 
1
 
6,868

 
6,788

 
3.2%
(2) 
Fixed
 
Jun. 2020
 
 
Fujitsu
 
3
 
30,945

 
30,581

 
3.2%
(2) 
Fixed
 
Jun. 2020
 
 
Amcor Packaging
 
7
 
3,904

 
3,858

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Fife Council
 
1
 
2,290

 
2,263

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Malthrust
 
3
 
3,996

 
3,949

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Talk Talk
 
1
 
4,777

 
4,721

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
HBOS
 
3
 
6,731

 
6,652

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
DFS Trading
 
5
 
12,662

 
12,513

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
DFS Trading
 
2
 
2,964

 
2,930

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
HP Enterprise Services
 
1
 
11,597

 
11,461

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
Foster Wheeler
 
1
 
49,077

 
48,501

 
2.6%
(2) 
Fixed
 
Oct. 2018
 
 
Harper Collins
 
1
 
35,059

 
34,648

 
3.4%
(2) 
Fixed
 
Oct. 2019
 
 
 
 
Encumbered Properties
 
Outstanding Loan Amount (1)
 
Effective Interest Rate
 
Interest Rate
 
 
Country
 
Portfolio
 
 
March 31, 2017
 
December 31, 2016
 
 
 
Maturity
 
 
NCR Dundee
 
1
 
7,043

 
6,960

 
2.9%
(2) 
Fixed
 
Apr. 2020
 
 
Total GBP denominated
 
43
 
279,678

 
276,395

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States:
 
Quest Diagnostics
 
1
 
52,800

 
52,800

 
2.8%
(3) 
Variable
 
Sep. 2018
 
 
Western Digital
 
1
 
17,600

 
17,682

 
5.3%
 
Fixed
 
Jul. 2021
 
 
AT&T Services
 
1
 
33,550

 
33,550

 
2.9%
(4) 
Variable
 
Dec. 2020
 
 
FedEx Freight (5)
 
1
 
6,165

 
6,165

 
4.5%
 
Fixed
 
Jun. 2021
 
 
Veolia Water (5)
 
1
 
4,110

 
4,110

 
4.5%
 
Fixed
 
Jun. 2021
Puerto Rico:
 
Encanto Restaurants
 
18
 
21,474

 
21,599

 
6.3%
 
Fixed
 
Jun. 2017
 
 
Total USD denominated
 
23
 
135,699

 
135,906

 
 
 
 
 
 
 
 
Gross mortgage notes payable
 
88
 
763,336

 
754,987

 
2.8%
 
 
 
 
 
 
Deferred financing costs, net of accumulated amortization
 
 
(4,726
)
 
(5,103
)
 
—%
 
 
 
 
 
 
Mortgage notes payable, net of deferred financing costs
 
88
 
$
758,610

 
$
749,884

 
2.8%
 
 
 
 
_______________________________
(1) 
Amounts borrowed in local currency and translated at the spot rate as of the respective measurement date.
(2) 
Fixed as a result of an interest rate swap agreement.
(3) 
The interest rate is 2.0% plus 1-month LIBOR.
(4) 
The interest rate is 2.0% plus 1-month Adjusted LIBOR as defined in the mortgage agreement.
(5) 
New mortgages acquired as part of the Merger on the Merger Date.
In connection with the Global II Merger, the OP assumed the outstanding gross mortgage notes payable with an estimated aggregate fair value of $279.0 million at the Merger Date.
The following table presents future scheduled aggregate principal payments on the gross mortgage notes payable over the next five calendar years and thereafter as of March 31, 2017:
(In thousands)
 
Future Principal Payments (1)
2017 (remainder)
 
$
22,661

2018
 
128,121

2019
 
265,214

2020
 
305,276

2021
 
42,064

2022
 

Thereafter
 

Total
 
$
763,336

_________________________
(1) 
Based on the exchange rates as of March 31, 2017.
The Company's mortgage notes payable agreements require compliance with certain property-level financial covenants including debt service coverage ratios. As of March 31, 2017 and December 31, 2016, the Company was in compliance with financial covenants under its mortgage notes payable agreements.
XML 25 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Instruments
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments
Fair Value of Financial Instruments
The Company determines fair value based on quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. This alternative approach also reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The guidance defines three levels of inputs that may be used to measure fair value:
Level 1 — Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date.
Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability.
Level 3 — Unobservable inputs that reflect the entity's own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques.
The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures each quarter and depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, the Company expects that changes in classifications between levels will be rare.
Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. As of March 31, 2017 and December 31, 2016, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of the Company's derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.
The valuation of derivative instruments is determined using a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, as well as observable market-based inputs, including interest rate curves and implied volatilities. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company's potential nonperformance risk and the performance risk of the counterparties.
Financial Instruments Measured at Fair Value on a Recurring Basis
The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016, aggregated by the level in the fair value hierarchy within which those instruments fall.
(In thousands)
 
Quoted Prices in Active Markets
Level 1
 
Significant Other Observable Inputs
Level 2
 
Significant Unobservable Inputs
Level 3
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
Cross currency swaps, net (GBP & EUR)
 
$

 
$
18,061

 
$

 
$
18,061

Foreign currency forwards, net (GBP & EUR)
 
$

 
$
5,929

 
$

 
$
5,929

Interest rate swaps, net (GBP & EUR)
 
$

 
$
(13,508
)
 
$

 
$
(13,508
)
Put options (GBP & EUR)
 
$

 
302

 
$

 
$
302

OPP (see Note 13)
 
$

 
$

 
$
(10,900
)
 
$
(10,900
)
December 31, 2016
 
 
 
 
 
 
 
 
Cross currency swaps, net (GBP & EUR)
 
$

 
$
21,179

 
$

 
$
21,179

Foreign currency forwards, net (GBP & EUR)
 
$

 
$
6,998

 
$

 
$
6,998

Interest rate swaps, net (GBP & EUR)
 
$

 
$
(15,457
)
 
$

 
$
(15,457
)
Put options (GBP & EUR)
 
$

 
$
523

 
$

 
$
523

OPP (see Note 13)
 
$

 
$

 
$
(13,400
)
 
$
(13,400
)

The valuation of the OPP is determined using a Monte Carlo simulation. This analysis reflects the contractual terms of the OPP, including the performance periods and total return hurdles, as well as observable market-based inputs, including interest rate curves, and unobservable inputs, such as expected volatility. As a result, the Company has determined that its OPP valuation in its entirety is classified in Level 3 of the fair value hierarchy.
A review of the fair value hierarchy classification is conducted on a quarterly basis. Changes in the type of inputs may result in a reclassification for certain assets. There were no transfers between Level 1 and Level 2 of the fair value hierarchy during the three months ended March 31, 2017.
Level 3 Valuations
The following is a reconciliation of the beginning and ending balances for the changes in the instrument with Level 3 inputs in the fair value hierarchy for the three months ended March 31, 2017:
(In thousands)
 
OPP
Beginning Balance as of December 31, 2016
 
$
13,400

   Fair value adjustment
 
(2,500
)
Ending balance as of March 31, 2017
 
$
10,900


The following table provides quantitative information about the significant Level 3 input used:
Financial Instrument
 
Fair Value at March 31, 2017
 
Principal Valuation Technique
 
Unobservable Inputs
 
Input Value
 
 
(In thousands)
 
 
 
 
 
 
OPP
 
$
10,900

 
Monte Carlo Simulation
 
Expected volatility
 
28.0%

The following discussion provides a description of the impact on a fair value measurement of a change in each unobservable input in isolation. For the relationship described below, the inverse relationship would also generally apply.
Expected volatility is a measure of the variability in possible returns for an instrument, parameter or market index given how much the particular instrument, parameter or index changes in value over time. Generally, the higher the expected volatility of the underlying, the wider the range of potential future returns. An increase in expected volatility, in isolation, would generally result in an increase in the fair value measurement of an instrument.
Financial Instruments not Measured at Fair Value on a Recurring Basis
The Company is required to disclose the fair value of financial instruments for which it is practicable to estimate value. The fair value of short-term financial instruments such as cash and cash equivalents, due to/from related parties, accounts payable and dividends payable approximate their carrying value on the consolidated balance sheets due to their short-term nature. The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.
 
 
 
 
Carrying Amount(1)
 
Fair Value
 
Carrying Amount(2)
 
Fair Value
(In thousands)
 
Level
 
March 31,
2017
 
March 31,
2017
 
December 31,
2016
 
December 31,
2016
Mortgage notes payable (1) (2)
 
3
 
$
760,936

 
$
756,389

 
$
752,484

 
$
747,870

Credit Facility
 
3
 
$
698,203

 
$
698,203

 
$
616,614

 
$
616,614

Mezzanine Facility (3)
 
3
 
$

 
$

 
$
55,383

 
$
55,400


__________________________________________________________
(1) 
Carrying value includes $763.3 million gross mortgage notes payable and $2.4 million mortgage discount, net as of March 31, 2017.
(2) 
Carrying value includes $755.0 million gross mortgage notes payable and $2.5 million mortgage discount, net as of December 31, 2016.
(3) 
Carrying value includes $55.4 million Mezzanine Facility and $17,000 mezzanine discount, net as of December 31, 2016.
The fair value of the gross mortgage notes payable is estimated using a discounted cash flow analysis, based on the Advisor's experience with similar types of borrowing arrangements. On July 25, 2016, the Company extended the maturity date of the Credit Facility to July 25, 2017 with an additional one-year extension option remaining, subject to certain conditions. Advances under the Credit Facility are considered to be reported at fair value due to the short-term nature of the maturity. The Mezzanine Facility carried a fixed interest rate and as such the advances were considered to approximate fair value.
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities
3 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives and Hedging Activities
Derivatives and Hedging Activities
Risk Management Objective
The Company may use derivative financial instruments, including interest rate swaps, caps, options, floors and other interest rate derivative contracts, to hedge all or a portion of the interest rate risk associated with its borrowings. Certain foreign investments expose the Company to fluctuations in foreign interest rates and exchange rates. These fluctuations may impact the value of the Company’s cash receipts and payments in terms of the Company’s functional currency. The Company enters into derivative financial instruments to protect the value or fix the amount of certain obligations in terms of its functional currency, the U.S. dollar ("USD").
The principal objective of such arrangements is to minimize the risks and/or costs associated with the Company’s operating and financial structure as well as to hedge specific anticipated transactions. The Company does not intend to utilize derivatives for speculative or other purposes other than interest rate and currency risk management. The use of derivative financial instruments carries certain risks, including the risk that the counterparties to these contractual arrangements are not able to perform under the agreements. To mitigate this risk, the Company only enters into derivative financial instruments with counterparties with high credit ratings and with major financial institutions with which the Company and its related parties may also have other financial relationships. The Company does not anticipate that any such counterparties will fail to meet their obligations.
The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Balance Sheet as of March 31, 2017 and December 31, 2016:
(In thousands)
 
Balance Sheet Location
 
March 31, 2017
 
December 31, 2016
Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign currency forwards (EUR-USD)
 
Derivative assets, at fair value
 
$
886

 
$
972

Cross currency swaps (GBP)
 
Derivative assets, at fair value
 
15,254

 
16,868

Cross currency swaps (EUR)
 
Derivative assets, at fair value
 
2,328

 
3,003

Interest rate swaps (GBP)
 
Derivative liabilities, at fair value
 
(7,805
)
 
(8,595
)
Interest rate swaps (EUR)
 
Derivative liabilities, at fair value
 
(3,554
)
 
(4,262
)
Total
 
 
 
$
7,109

 
$
7,986

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Foreign currency forwards (GBP-USD)
 
Derivative assets, at fair value
 
3,314

 
$
3,918

Foreign currency forwards (EUR-USD)
 
Derivative assets, at fair value
 
1,729

 
2,108

Put options (GBP)
 
Derivative assets, at fair value
 
56

 
131

Put options (EUR)
 
Derivative assets, at fair value
 
246

 
392

Cross currency swaps (GBP)
 
Derivative assets, at fair value
 

 
477

Cross currency swaps (EUR)
 
Derivative assets, at fair value
 
479

 
831

Interest rate swaps (EUR)
 
Derivative liabilities, at fair value
 
(2,149
)
 
(2,600
)
Total
 
 
 
$
3,675

 
$
5,257


The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of March 31, 2017 and December 31, 2016. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the accompanying consolidated balance sheets.
 
 
 
 
 
 
 
 
 
 
Gross Amounts Not Offset on the Balance Sheet
 
 

(In thousands)
 
Gross Amounts of Recognized Assets
 
Gross Amounts of Recognized (Liabilities)
 
Gross Amounts Offset on the Balance Sheet
 
Net Amounts of Assets (Liabilities) presented on the Balance Sheet
 
Financial Instruments
 
Cash Collateral Received (Posted)
 
Net Amount
March 31, 2017
 
$
24,292

 
$
(13,508
)
 
$

 
$
10,784

 
$

 
$

 
$
10,784

December 31, 2016
 
$
28,700

 
$
(15,457
)
 
$

 
$
13,243

 
$

 
$

 
$
13,243


In addition to the above derivative arrangements, the Company also uses non-derivative financial instruments to hedge its exposure to foreign currency exchange rate fluctuations as part of its risk management program, including foreign denominated debt issued and outstanding with third parties to protect the value of its net investments in foreign subsidiaries against exchange rate fluctuations. The Company draws foreign currency advances under its Credit Facility to fund certain investments in the respective local currency which creates a natural hedge against the original equity invested in the real estate investments, removing the need for the final cross currency swaps (See Note 5 — Credit Borrowings). As further discussed below, in conjunction with the restructuring of the cross currency swaps on February 4, 2015, foreign currency advances of €110.5 million and £68.5 million were drawn under the Company’s Credit Facility. The Company separately designated each foreign currency draw as a net investment hedge under ASC 815. Effective May 17, 2015, the Company modified the hedging relationship and designated all current and future foreign currency draws as net investment hedges.
Interest Rate Swaps
The Company’s objectives in using interest rate swaps are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.
As of March 31, 2017 and December 31, 2016, the Company had the following outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk:
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Interest rate swaps (GBP)
 
21
 
$
479,790

 
21
 
$
474,161

Interest rate swaps (EUR)
 
14
 
437,849

 
14
 
431,213

Total
 
35
 
$
917,639

 
35
 
$
905,374


The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income (loss) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction impacts earnings. During 2017, such derivatives were used to hedge the variable cash flows associated with variable-rate debt. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. During the three months ended March 31, 2017 and 2016, the Company recorded gains of $36,000 and losses of $30,000 of ineffectiveness in earnings, respectively.
Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on the Company's variable-rate debt. During the next 12 months, the Company estimates that an additional $5.8 million will be reclassified from other comprehensive income (loss) as an increase to interest expense.
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three months ended March 31, 2017 and 2016.
 
 
Three Months Ended March 31,
(In thousands)
 
2017
 
2016
Amount of loss recognized in accumulated other comprehensive income (loss) from derivatives (effective portion)
 
$
(1,983
)
 
$
(9,566
)
Amount of loss reclassified from accumulated other comprehensive income (loss) into income as interest expense (effective portion)
 
$
(1,472
)
 
$
(1,259
)
Amount of gain (loss) recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing)
 
$
36

 
$
(30
)

Cross Currency Swaps Previously Designated as Net Investment Hedges
The Company is exposed to fluctuations in foreign exchange rates on property investments in foreign countries which pay rental income, incur property related expenses and hold debt instruments in currencies other than its functional currency, the USD. The Company uses foreign currency derivatives including cross currency swaps to hedge its exposure to changes in foreign exchange rates on certain of its foreign investments. Cross currency swaps involve fixing the applicable exchange rate for delivery of a specified amount of foreign currency on specified dates.
On February 4, 2015, the Company restructured its cross currency swaps and replaced its initial USD equity funding in certain foreign real estate investments with foreign currency debt. As part of the restructuring, foreign currency advances of €110.5 million and £68.5 million were drawn under the Company’s Credit Facility which created a natural hedge against the original equity invested in the real estate investments, thus removing the need for the final equity notional component of the cross currency swaps. The cross currency swaps had been designated as net investment hedges through the date of the restructure. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in accumulated other comprehensive income (loss) (outside of earnings) as part of the cumulative translation adjustment. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of accumulated other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated. The restructuring and settlement of the cross currency swaps resulted in a gain of approximately $19.0 million, with $10.1 million in proceeds received and $8.9 million retained by the bank as a reduction of outstanding Credit Facility balance as of December 31, 2015. The gain will remain in the cumulative translation adjustment until such time as the net investments are sold or substantially liquidated in accordance with ASC 830. Following the restructuring noted above, these cross currency swaps no longer qualified for net investment hedge accounting treatment and as such, subsequent to February 5, 2015, all changes in fair value are recognized in earnings.
Foreign Denominated Debt Designated as Net Investment Hedges
Effective May 17, 2015, all foreign currency draws under the Credit Facility were designated as net investment hedges. As such, the effective portion of changes in value due to currency fluctuations are reported in accumulated other comprehensive income (loss) (outside of earnings) as part of the cumulative translation adjustment. The undesignated portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts are reclassified out of accumulated other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated, or if the Company should no longer possess a controlling interest.
As of March 31, 2017, total foreign currency advances under the Credit Facility were approximately $552.8 million, which reflects advances of £177.2 million ($221.3 million based upon an exchange rate of £1.00 to $1.25, as of March 31, 2017) and advances of €310.2 million ($331.4 million based upon an exchange rate of €1.00 to $1.07, as of March 31, 2017).
Prior to May 16, 2015, foreign currency advances, which were comprised of $92.1 million of Pound Sterling ("GBP") draws (based upon an exchange rate of £1.00 to $1.58, as of May 16, 2015) and $126.0 million of Euro ("EUR") draws (based upon an exchange rate of €1.00 to $1.14, as of May 16, 2015) were not designated as net investment hedges and, accordingly, the changes in value through May 16, 2015 due to currency fluctuations were reflected in earnings. As of March 31, 2017, total outstanding draws under the Credit Facility denominated in foreign currency was $552.8 million. The Company designates its net investment hedge position on the first day of each quarterly period. As of January 1, 2017, foreign currency draws under the Credit Facility of £177.2 million ($221.3 million based on the aforementioned exchange rate as of March 31, 2017) and €258.9 million ($276.6 million based on the aforementioned exchange rate as of March 31, 2017) were designated as net investment hedges of the total foreign currency draws outstanding on the Credit Facility of $497.9 million. As of January 1, 2017, total net investments in real estate denominated in foreign currency were £114.3 million ($142.7 million based on the aforementioned exchange rate as of March 31, 2017) and €365.4 million ($390.4 million based on the aforementioned exchange rate as of March 31, 2017), which resulted in £63.0 million ($78.6 million based on the aforementioned exchange rate as of March 31, 2017) of undesignated excess position. As of January 1, 2017, the Company’s EUR designated as net investment hedges did not result in an excess position. The Company recorded losses of $0.9 million and losses of $0.1 million for the three months ended March 31, 2017 and 2016, respectively, due to currency changes on the undesignated excess of the foreign currency advances over the related net investments. For the portion of foreign draws now designated as net investment hedges there were no additional remeasurement gains (losses) for the three months ended March 31, 2017.
As of March 31, 2017, and December 31, 2016, the Company had the following outstanding foreign cross currency derivatives that were used to hedge its net investments in foreign operations:
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Cross currency swaps (GBP - USD)
 
1
 
$
61,346

 
1
 
$
60,626

Cross currency swaps (EUR - USD)
 
3
 
38,542

 
3
 
37,957

Foreign currency forwards (EUR-USD)
 
1
 
10,100

 
1
 
10,100

Total
 
5
 
$
109,988

 
5
 
$
108,683


Non-designated Derivatives
The Company is exposed to fluctuations in the exchange rates of its functional currency, the USD, against the GBP and the EUR. The Company uses foreign currency derivatives including options, currency forward and cross currency swap agreements to manage its exposure to fluctuations in GBP-USD and EUR-USD exchange rates. While these derivatives are hedging the fluctuations in foreign currencies, they do not meet the strict hedge accounting requirements to be classified as hedging instruments. Changes in the fair value of derivatives not designated as hedges under qualifying hedging relationships are recorded directly in net income (loss). The Company recorded total losses of $0.5 million and $0.3 million on the non-designated hedges for the three months ended March 31, 2017 and 2016, respectively.
As of March 31, 2017 and December 31, 2016, the Company had the following outstanding derivatives that were not designated as hedges under qualifying hedging relationships.
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Foreign currency forwards (GBP - USD)
 
16
 
$
17,054

 
21
 
$
18,058

Foreign currency forwards (EUR - USD)
 
18
 
25,996

 
20
 
28,424

Cross currency swaps (GBP - USD)
 
 

 
3
 
43,457

Cross currency swaps (EUR - USD)
 
2
 
19,752

 
3
 
30,604

Interest rate swaps (EUR)
 
5
 
129,534

 
5
 
127,570

Put options (GBP-USD)
 
4
 
2,700

 
5
 
3,375

Put options (EUR-USD)
 
4
 
5,000

 
5
 
6,250

Total
 
49
 
$
200,036

 
62
 
$
257,738



Credit-risk-related Contingent Features
The Company has agreements with each of its derivative counterparties that contain a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations.
As of March 31, 2017, the fair value of derivatives in a net liability position including accrued interest but excluding any adjustment for nonperformance risk related to these agreements was $15.4 million. As of March 31, 2017, the Company had not posted any collateral related to these agreements and was not in breach of any agreement provisions. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreements at their aggregate termination value.
XML 27 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Common Stock
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Common Stock
Common Stock
The Company listed its Common Stock on the NYSE under the symbol "GNL" on June 2, 2015. As of March 31, 2017 and December 31, 2016, the Company had 66,269,225 and 66,258,559, respectively, shares of Common Stock outstanding, including shares issued under the DRIP, but not including unvested restricted shares, the OP Units issued to limited partners other than the Company or long-term incentive units issued in accordance with the OPP which are currently, or may be in the future, convertible into shares of Common Stock. On September 2, 2016, 421,378 OP Units were converted to Common Stock, of which 305,411 were issued to individual investors and employees of AR Global and 115,967 were issued to the Service Provider. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017. This eliminates any non-controlling interest and any related allocations prospectively.
In addition, in connection with the Merger Agreement, each outstanding share of Global II Common Stock, including restricted shares, other than shares owned by the Company or any wholly owned subsidiary of Global II, was converted into the right to receive 2.27 shares of Common Stock of the Company in connection with the Mergers. Additionally, all outstanding Global II OP Units were converted into the right to receive 2.27 shares of Company's Common Stock.
The Company issued 9.6 million of its Common Stock as consideration in the Merger. Based upon the closing price of the shares of the Company's Common Stock on December 21, 2016, as reported on the NYSE, the aggregate value of the Merger Consideration paid to former holders of Global II Common Stock and former holders of units of Global II OP Units was $220.9 million.
On February 28, 2017, the Company completed a Reverse Stock Split of the Company’s Common Stock, OP Units and LTIP Units, at a ratio of 1-for-3 (see Note 1Organization for details).
Monthly Dividends and Change to Payment Dates
The Company pays dividends on the 15th day of each month at a rate of $0.1775 per share to stockholders of record as of close of business on the 8th day of such month. The Company's board of directors may alter the amounts of dividends paid or suspend dividend payments at any time and therefore dividend payments are not assured. For purposes of the presentation of information herein, the Company may refer to distributions by the OP on OP Units and LTIP Units (as defined in Note 13Share-Based Compensation) as dividends.
XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Commitments and Contingencies
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies
Operating Ground Leases
Certain properties acquired are subject to ground leases, which are accounted for as operating leases. The ground leases have varying ending dates, renewal options, and rental rate escalations, with the latest leases extending to April 2105. Future minimum rental payments to be made by the Company under these noncancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows:
(In thousands)
 
Future Ground
Lease Payments
2017 (remainder)
 
$
960

2018
 
1,280

2019
 
1,280

2020
 
1,280

2021
 
1,280

2022
 
1,280

Thereafter
 
39,129

Total
 
$
46,489


The Company incurred rent expense on ground leases of $0.4 million and $0.3 million during the three months ended March 31, 2017 and 2016, respectively.
Litigation and Regulatory Matters
In the ordinary course of business, the Company may become subject to litigation, claims and regulatory matters. There are no material legal or regulatory proceedings pending or known to be contemplated against the Company.
Environmental Matters
In connection with the ownership and operation of real estate, the Company may potentially be liable for costs and damages related to environmental matters. As of March 31, 2017, the Company had not been notified by any governmental authority of any non-compliance, liability or other claim, and is not aware of any other environmental condition that it believes will have a material adverse effect on the results of operations.
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
As of March 31, 2017 and December 31, 2016, the Sponsor, the Special Limited Partner and a subsidiary of the Service Provider owned, in the aggregate, 81,481 shares of the Company's outstanding Common Stock. The Advisor, the Service Provider, and their affiliates may incur costs and fees on behalf of the Company. As of March 31, 2017 and December 31, 2016, the Company had $3.2 million and $5.2 million of receivables from related parties and $1.3 million and $2.2 million of payable to related parties, respectively.
The Company is the sole general partner of the OP and holds the majority of OP Units. At Listing, the Advisor held a total of 487,252 OP Units and the Service Provider held a total of 115,967 OP Units. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, 421,378 of the OP Units were converted into Common Stock, of which 305,411 were issued to individual members and employees of AR Global and 115,967 were issued to the Service Provider. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
On June 2, 2015, the Advisor and the Service Provider exchanged 575,438 previously-issued Class B Units for 575,438 OP Units pursuant to the OP Agreement. These OP Units are redeemable for shares of Common Stock of the Company on a one-for-one basis, or the cash value of shares of Common Stock (at the option of the Company), 12 months from the Listing Date subject to the terms of the limited partnership agreement of the OP. The Advisor and the OP also entered into a Contribution and Exchange Agreement pursuant to which the Advisor contributed $0.8 million in cash to the OP in exchange for 27,776 OP Units. Subsequent to the Listing, such OP Units were transferred to individual investors.The OP made distributions to partners other than the Company of $0.1 million and $0.3 million during the three months ended March 31, 2017 and 2016, respectively.
In addition, in connection with the OPP, the Company paid $0.2 million and $0.5 million in distributions related to LTIP Units (as defined in Note 13Share-Based Compensation) during the three months ended March 31, 2017 and 2016, respectively, which are included in non-controlling interest in the consolidated statement of changes in equity. As of March 31, 2017 and December 31, 2016, the Company had no unpaid distributions relating to LTIP distributions.
A holder of OP Units, other than the Company, has the right to convert OP Units for a corresponding number of shares of the Company's Common Stock, or the cash value equivalent of those corresponding shares, at the Company's option, in accordance with the limited partnership agreement of the OP. The remaining rights of the holders of OP Units are limited, however, and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets. AR Global indirectly owns 90% of the membership interests in the Advisor and the Company's chief executive officer and president, directly owns the other 10% of the membership interests in the Advisor.
Realty Capital Securities, LLC (the "Former Dealer Manager") served as the dealer manager of the IPO, which was ongoing from October 2012 to June 2014 and, together with its affiliates, continued to provide the Company with various services through December 31, 2015. RCS Capital Corporation ("RCAP"), the parent company of the Former Dealer Manager and certain of its affiliates that provided services to the Company, filed for Chapter 11 bankruptcy protection in January 2016, prior to which it was also under common control with AR Global, parent of the Sponsor. In May 2016, RCAP and its affiliated debtors emerged from bankruptcy under the new name, Aretec Group, Inc. On March 8, 2017, the creditor trust established in connection with the RCAP bankruptcy filed suit against AR Global, the Advisor, advisors of other entities sponsored by AR Global, and AR Global's principals. The suit alleges, among other things, certain breaches of duties to RCAP. The Company is not named in the suit, nor are there any allegations related to the services the Advisor provides to the Company. The Advisor has informed the Company that it believes that the suit is without merit and intends to defend against it vigorously.
Acquired Related Party Receivable
As more fully described in Note 3Merger Transaction, the Company acquired a $5.1 million receivable from an affiliate of the Advisor which is payable in eight equal monthly installments beginning on January 15, 2017. As of March 31, 2017, the Company has received $1.9 million.
Fees Paid in Connection With the Operations of the Company
Until the Listing Date, the Advisor was paid an acquisition fee of 1.0% of the contract purchase price of each acquired property and 1.0% of the amount advanced for a loan or other investment and a finance fee equal to 0.75% of the amount available and/or outstanding under such financing, subject to certain limitations. Solely with respect to investment activities in Europe, the Advisor paid the Service Provider the acquisition fees and financing coordination fees. The Advisor was also reimbursed for insourced expenses incurred in the process of acquiring properties, which were limited to 0.5% of the contract purchase price and 0.5% of the amount advanced for a loan or other investment. Additionally, the Company paid third party acquisition expenses.
In addition, until the Listing Date, the Company compensated the Advisor for its asset management services in an amount equal to 0.75% per annum of the total of: the cost of the Company's assets (cost includes the purchase price, acquisition expenses, capital expenditures and other customarily capitalized costs, but excluding acquisition fees) plus costs and expenses incurred by the Advisor in providing asset management services, less the excess, if any, of dividends over FFO plus acquisition fees expenses and restricted share grant amortization. Until April 1, 2015, as compensation for this arrangement, the Company caused the OP to issue (subject to periodic approval by the board of directors) to the Advisor and Service Provider performance-based restricted partnership units of the OP ("Class B Units"). An aggregate of 575,438 Class B Units were issued to the Advisor and the Service Provider in connection with this arrangement, all of which vested on the Listing Date at a cost of $14.5 million. Concurrently, the Class B Units were converted to OP Units on a one-to-one basis. The vested value was calculated based, in part, on the closing price of Company's Common Stock on June 2, 2015 less an estimated discount for the one year lock-out period of transferability or liquidity of the OP Units. The Advisor and the Service Provider received distributions on unvested Class B Units equal to the dividend rate received on the Company's Common Stock. The Company records OP Unit distributions in the consolidated statement of changes in equity. Since April 1, 2015, the Advisor has been paid for its asset management services in cash. The performance condition related to these Class B Units was satisfied upon completion of the Listing, and the Class B Units vested.
On the Listing Date, the Company entered into the Fourth Amended and Restated Advisory Agreement (the “Advisory Agreement”) by and among the Company, the OP and the Advisor. Under the terms of the Advisory Agreement, the Company pays the Advisor:
(i)
a base fee of $18.0 million per annum payable in cash monthly in advance (“Minimum Base Management Fee”);
(ii)
plus a variable fee, payable monthly in advance in cash, equal to 1.25% of the cumulative net proceeds realized by the Company from the issuance of any common equity, including any common equity issued in exchange for or conversion of preferred stock or exchangeable notes, as well as, from any other issuances of common, preferred, or other forms of equity of the Company, including units of any operating partnership (“Variable Base Management Fee”); and
(iii)
an incentive fee (“Incentive Compensation”), 50% payable in cash and 50% payable in shares of the Company’s Common Stock (which shares are subject to certain lock up restrictions), equal to: (a) 15% of the Company’s Core AFFO (as defined in the Advisory Agreement) per weighted average share outstanding for the applicable period (“Core AFFO Per Share”)(1) in excess of an incentive hurdle based on an annualized Core AFFO Per Share of $2.37, plus (b) 10% of the Core AFFO Per Share in excess of an incentive hurdle of an annualized Core AFFO Per Share of $3.08. The $2.37 and $3.08 incentive hurdles are subject to annual increases of 1% to 3%. The Base Management Fee and the Incentive Compensation are each subject to an annual adjustment.
The annual aggregate amount of the Minimum Base Management Fee and Variable Base Management Fee (collectively, the “Base Management Fee”) that may be paid under the Advisory Agreement are subject to varying caps based on assets under management (“AUM”)(2), as defined in the Advisory Agreement.
_______________________________
(1) 
For purposes of the Advisory Agreement, Core AFFO per share means (i) net income adjusted for the following items (to the extent they are included in net income): (a) real estate related depreciation and amortization; (b) net income from unconsolidated partnerships and joint ventures; (c) one-time costs that the Advisor deems to be non-recurring; (d) non-cash equity compensation (other than any Restricted Share Payments); (e) other non-cash income and expense items; (f) non-cash dividends related to the Class B Units of the OP and certain non-cash interest expenses related to securities that are convertible to Common Stock; (g) gains (or losses) from the sale of investments; (h) impairment losses on real estate; (i) acquisition and transaction related costs; (j) straight-line rent; (k) amortization of above and below market leases assets and liabilities; (l) amortization of deferred financing costs; (m) accretion of discounts and amortization of premiums on debt investments; (n) marked-to-market adjustments included in net income; (o) unrealized gains or losses resulting from consolidation from, or deconsolidation to, equity accounting, and (p) consolidated and unconsolidated partnerships and joint ventures. (ii) divided by the weighted average outstanding shares of Common Stock on a fully diluted basis for such period.
(2) 
For purposes of the Advisory Agreement, "AUM" means, for a specified period, an amount equal to (A) (i) the aggregate costs of the Company's investments (including acquisition fees and expenses) at the beginning of such period (before reserves for depreciation of bad debts, or similar non-cash reserves) plus (ii) the aggregate cost of he Company's investment at the end of such period (before reserves from depreciation or bad debts, or similar non-cash reserves) divided by (B) two (2).
In addition, the per annum aggregate amount of the Base Management Fee and the Incentive Compensation to be paid under the Advisory Agreement is capped at (a) 1.25% of the AUM for the previous year if AUM is less than or equal to $5.0 billion; (b) 0.95% if the AUM is equal to or exceeds $15.0 billion; or (c) a percentage equal to: (A) 1.25% less (B) (i) a fraction, (x) the numerator of which is the AUM for such specified period less $5.0 billion and (y) the denominator of which is $10.0 billion multiplied by (ii) 0.30% if AUM is greater than $5.0 billion but less than $15.0 billion. The Variable Base Management Fee is also subject to reduction if there is a sale or sales of one or more Investments in a single or series of related transactions exceeding $200.0 million and, the special dividend(s) related thereto.
The Property Manager provides property management and leasing services for properties owned by the Company, for which the Company pays fees equal to: (i) with respect to stand-alone, single-tenant net leased properties which are not part of a shopping center, 2.0% of gross revenues from the properties managed and (ii) with respect to all other types of properties, 4.0% of gross revenues from the properties managed.
For services related to overseeing property management and leasing services provided by any person or entity that is not an affiliate of the Property Manager, the Company pays the Property Manager an oversight fee equal to 1.0% of gross revenues of the property managed.
Solely with respect to the Company's investments in properties located in Europe, the Service Provider receives a portion of the fees payable to the Advisor equal to: (i) with respect to single-tenant net leased properties which are not part of a shopping center, 1.75% of the gross revenues from such properties and (ii) with respect to all other types of properties, 3.5% of the gross revenues from such properties. The Property Manager is paid 0.25% of the gross revenues from European single-tenant net leased properties which are not part of a shopping center and 0.5% of the gross revenues from all other types of properties, reflecting a split of the oversight fee with the Service Provider.
The following table reflects related party fees incurred, forgiven and contractually due as of and for the periods presented:
 
 
Three Months Ended March 31,
 
 
 
 
 
 
 
2017
 
2016
 
(Receivable) Payable as of
 
(In thousands)
 
Incurred
 
Forgiven
 
Incurred
 
Forgiven
 
March 31, 2017
 
December 31, 2016
 
One-time fees and reimbursements:
 
 
 
 
 
 
 
 
 
 
 
 
 
Related party notes receivable acquired in Merger (1)
 
$

 
$

 
$

 
$

 
$
(3,211
)
 
$
(5,138
)
 
Fees on gain from sale of investments
 

 

 

 
 
 
323

(5) 
923

(5) 
Financing coordination fees (2)
 

 

 

 

 

(5) 
16

(5) 
Ongoing fees:
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset management fees (3)
 
5,190

 

 
4,500

 

 
217

(5) 
447

(5) 
Property management and leasing fees (4)
 
1,097

 
557

 
913

 
596

 
304

(5) (8) 
252

(5) (8) 
Total related party operational fees and reimbursements
 
$
6,287

 
$
557

 
$
5,413

 
$
596

 
$
(2,367
)
(6) 
$
(3,500
)
(7) 
___________________________________________________________________________
(1) 
Balance included within related party notes receivable acquired in the Merger on the consolidated balance sheets as of March 31, 2017 and December 31, 2016. In addition, the $16,000 due from related parties as of March 31, 2017 and December 31, 2016 relating to RCS Advisory (as defined below) is not included in the table above.
(2) 
These related party fees are recorded as deferred financing costs and amortized over the term of the respective financing arrangement.
(3) 
The Advisor, in accordance with the Advisory Agreement, received asset management fees in cash equal to one quarter of the the annual Minimum Base Management Fee for the three months ended March 31, 2017 and 2016, and, the Variable Base Management Fee of $0.7 million for the three months ended March 31, 2017. There were no Variable Base Management Fee for the three months ended March 31, 2016. No Incentive Compensation was earned for the three months ended March 31, 2017 and 2016.
(4) 
The Advisor waived 100% of fees from U.S. assets and its allocated portion of fees from European assets.
(5) 
Balance included within due to related parties on the consolidated balance sheets as of March 31, 2017 and December 31, 2016.
(6) 
In addition, as of March 31, 2017, due to related parties include $0.3 million of costs accrued for Global II Advisor and transfer agent fees which were assumed through the Merger, $36,000 of costs accrued for transfer agent fees and $0.2 million of costs relating to RCS Advisory (as defined below), which are recorded within general and administrative expenses on the consolidated statements of operations for the three months ended March 31, 2017 and are not reflected in the table above.
(7) 
In addition, as of December 31, 2016 due to related parties includes $0.5 million of accruals, of which $0.2 million of costs accrued for transfer agent and personnel services received from the Company's related parties including ANST and $0.3 million to Advisor and RCS.
(8)
Property management and leasing fees receivable of $0.1 million and $0.1 million as of March 31, 2017 and December 31, 2016, respectively, are not included in the table above and are included in the prepaid expenses and other assets on the consolidated balance sheets.
The Company reimburses the Advisor's costs of providing administrative services, subject to the limitation that the Company will not reimburse the Advisor for any amount by which the Company's operating expenses (including the asset management fee) at the end of the four preceding fiscal quarters exceeds the greater of (a) 2.0% of average invested assets and (b) 25.0% of net income. Additionally, the Company reimburses the Advisor for expenses of the Advisor and its affiliates incurred on behalf of the Company, except for those expenses that are specifically the responsibility of the Advisor under the Advisory Agreement, including fees and compensation paid to the Service Provider and the Advisor's overhead expenses, rent and travel expenses, professional services fees incurred with respect to the Advisor for the operation of its business, insurance expenses (other than with respect to the Company's directors and officers) and information technology expenses. No reimbursement was incurred from the Advisor for providing services during the three months ended March 31, 2017 and 2016.
In order to improve operating cash flows and the ability to pay dividends from operating cash flows, the Advisor may forgive certain fees including asset management and property management fees or absorb a portion of property operating and general administrative expenses. Because the Advisor may forgive certain fees or absorb a portion of property operating and general administrative expenses, cash flow from operations that would have been paid to the Advisor or applied to property operating and general and administrative expenses may be available to pay dividends to stockholders. The fees that may be forgiven are not deferrals and accordingly, will not be paid to the Advisor. During the three months ended March 31, 2017 and 2016, the Advisor elected to forgive $0.6 million and $0.6 million of the property management fees, respectively. During the three months ended March 31, 2017 and 2016, there were no property operating and general administrative expenses absorbed by the Advisor. In certain instances, to improve the Company's working capital, the Advisor may elect to absorb a portion of the Company's general and administrative costs or property operating expenses. These absorbed costs are presented net in the accompanying consolidated statements of operations.
The predecessor to the parent of the Sponsor was party to a services agreement with RCS Advisory Services, LLC, a subsidiary of the parent company of the Former Dealer Manager ("RCS Advisory"), pursuant to which RCS Advisory and its affiliates provided the Company and certain other companies sponsored by the Sponsor with services (including, without limitation, transaction management, compliance, due diligence, event coordination and marketing services, among others) on a time and expenses incurred basis or at a flat rate based on services performed. The predecessor to the parent of the Sponsor instructed RCS Advisory to stop providing such services in November 2015 and no services have since been provided by RCS Advisory.
The Company was also party to a transfer agency agreement with American National Stock Transfer, LLC, a subsidiary of the parent company of the Former Dealer Manager ("ANST"), pursuant to which ANST provided the Company with transfer agency services (including broker and stockholder servicing, transaction processing, year-end IRS reporting and other services), and supervisory services overseeing the transfer agency services performed by DST Systems, Inc., a third-party transfer agent ("DST"). The Sponsor received written notice from ANST on February 10, 2016 that it would wind down operations by the end of the month and would withdraw as the transfer agent effective February 29, 2016. On February 26, 2016, the Company entered into a definitive agreement with DST to provide the Company directly with transfer agency services (including broker and stockholder servicing, transaction processing, year-end IRS reporting and other services). On April 22, 2016, the Company terminated its agreement with DST and entered into a definitive agreement American Stock Transfer and Trust Company, LLC ("AST") appointing AST as the Company's side transfer agent and registrar.
Fees Paid in Connection with the Liquidation of the Company's Real Estate Assets
In connection with any sale or transaction involving any investment, subject to the terms of the Advisory Agreement, the Company will pay to the Advisor a fee in connection with net gain recognized by the Company in connection with the sale or transaction (the "Gain Fee") unless the proceeds of such transaction or series of transaction are reinvested in one or more investments within 180 days thereafter. The Gain Fees is calculated at the end of each month and paid, to the extent due, with the next installment of the Base Management Fee. The Gain Fee is calculated by aggregating all of the Gains and Losses from the preceding month. The Gain Fee will not be payable if the proceeds of the sale or transaction are reinvested in one or more investments within 180 days thereafter. During the three months ended March 31, 2017, the Company reinvested proceeds of $30.3 million and sold one property which resulted in the Gain Fee due to the Advisor of $0.3 million as of March 31, 2017. There was no Gain Fee for the three months ended March 31, 2016.
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Economic Dependency
3 Months Ended
Mar. 31, 2017
Economic Dependency [Abstract]  
Economic Dependency
Economic Dependency
Under various agreements, the Company has engaged or will engage the Advisor, its affiliates and entities under common control with the Advisor, and the Service Provider, to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, the sale of shares of the Company's Common Stock available for issue, transfer agency services, as well as other administrative responsibilities for the Company including accounting services and investor relations.
As a result of these relationships, the Company is dependent upon the Advisor and its affiliates and the Service Provider. In the event that these companies are unable to provide the Company with the respective services, the Company will be required to find alternative providers of these services.
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-Based Compensation
3 Months Ended
Mar. 31, 2017
Share-based Compensation [Abstract]  
Share-Based Compensation
Share-Based Compensation
Stock Option Plan
 The Company has a stock option plan (the "Plan") which authorizes the grant of nonqualified stock options to the Company's independent directors, officers, advisors, consultants and other personnel, subject to the absolute discretion of the board of directors and the applicable limitations of the Plan. The exercise price for all stock options granted under the Plan is equal to the fair market value of a share on the last business day preceding the annual meeting of stockholders. A total of 0.5 million shares have been authorized and reserved for issuance under the Plan. As of March 31, 2017 and December 31, 2016, no stock options were issued under the Plan.
Restricted Share Plan
The Company's employee and director incentive restricted share plan ("RSP") provides the Company with the ability to grant awards of restricted shares to the Company's directors, officers and employees (if the Company ever has employees), employees of the Advisor and its affiliates, employees of entities that provide services to the Company, directors of the Advisor or of entities that provide services to the Company, certain consultants to the Company and the Advisor and its affiliates or to entities that provide services to the Company.
Prior to April 8, 2015, the RSP provided for the automatic grant of 1,000 restricted shares of Common Stock to each of the independent directors, without any further action by the Company's board of directors or the stockholders, on the date of initial election to the board of directors and on the date of each annual stockholders' meeting. Restricted stock issued to independent directors vested over a five-year period beginning on the first anniversary of the date of grant in increments of 20% per annum. On April 8, 2015, the Company amended the RSP ("the Amended RSP"), among other things, to remove the fixed amount of shares that are automatically granted to the independent directors and remove the fixed vesting period of five-years. Under the Amended RSP, the annual amount granted to the independent directors is determined by the board of directors.
Effective upon the Listing Date, the Company’s board of directors approved the following changes to independent director compensation: (i) increasing in the annual retainer payable to all independent directors to $100,000 per year, (ii) increase in the annual retainer for the non-executive chair to $105,000, (iii) increase in the annual retainer for independent directors serving on the audit committee, compensation committee or nominating and corporate governance committee to $30,000. All annual retainers are payable 50% in the form of cash and 50% in the form of restricted stock units ("RSU") which vest over a three-year period. In addition, the directors have the option to elect to receive the cash component in the form of RSUs which would vest over a three-year period. Under the Amended RSP, restricted share awards entitle the recipient to receive shares of Common Stock from the Company under terms that provide for vesting over a specified period of time or upon attainment of pre-established performance objectives. Such awards would typically be forfeited with respect to the unvested shares upon the termination of the recipient's employment or other relationship with the Company. In connection with the Listing, the Company's board of directors also approved a one-time retention grant of 13,333 RSUs to each of the directors valued at $25.56 per unit, which vest over a five-year period. On July 13, 2015, the Company granted an annual retainer to each of its independent directors comprising of $0.1 million in cash and 2,450 RSUs which vest over a three-year period with the vesting period beginning on June 15, 2015. In addition, the Company granted $0.1 million in non-executive chair compensation in cash and 1,979 RSUs which vest over a three-year period with the vesting period beginning on June 15, 2015. On August 18, 2016, the Company granted an annual retainer to each of its independent directors comprised of $0.1 million and 2,880 RSUs which vest over a three-year period with the vesting period beginning on June 28, 2016. In addition, the Company granted $0.1 million in non-executive chair compensation in cash and 2,327 RSUs which vest over a three-year period with the vesting period beginning on June 28, 2016.
Prior to April 8, 2015, the total number of shares of Common Stock granted under the RSP could not exceed 5.0% of the Company's outstanding shares on a fully diluted basis at any time, and in any event could not exceed 2.5 million shares (as such number may be adjusted for stock splits, stock dividends, combinations and similar events). The Amended RSP increased the number of shares of the Company's Common Stock available for awards thereunder to 10% of the Company’s outstanding shares of Common Stock on a fully diluted basis at any time. The Amended RSP also eliminated the limit of 2.5 million shares of Common Stock permitted to be issued as RSUs.
Restricted shares may not, in general, be sold or otherwise transferred until restrictions are removed and the shares have vested. Holders of restricted shares may receive cash dividends prior to the time that the restrictions on the restricted shares have lapsed. Any dividends payable in common shares shall be subject to the same restrictions as the underlying restricted shares.
The following table reflects restricted share award activity for the three months ended March 31, 2017:
 
 
Number of Restricted Shares
 
Weighted-Average Issue Price
Unvested, December 31, 2016
 
61,095

 
$
25.07

Vested
 
(10,666
)
 
25.56

Unvested, March 31, 2017
 
50,429

 
$
24.96


The fair value of the restricted shares granted prior to the Listing Date is based on the per share price in the IPO and the fair value of the restricted shares granted on or after the Listing Date is based on the market price of Common Stock as of the grant date, and is expensed over the vesting period. Compensation expense related to restricted stock was $0.3 million and $0.1 million during the three months ended March 31, 2017 and 2016 , respectively, and is recorded as general and administrative expense in the accompanying statements of operations. As of March 31, 2017, the Company had $1.0 million unrecognized compensation costs related to unvested restricted share awards granted under the Company’s Amended RSP. The cost is expected to be recognized over a weighted average period of 2.9 years.
Multi-Year Outperformance Agreement
In connection with the Listing, the Company entered into the OPP with the OP and the Advisor. Under the OPP, the Advisor was issued 3,013,933 long term incentive plan units ("LTIP Units") in the OP with a maximum award value on the issuance date equal to 5.00% of the Company’s market capitalization (the “OPP Cap”). The LTIP Units are structured as profits interests in the OP.
The Advisor will be eligible to earn a number of LTIP Units with a value equal to a portion of the OPP Cap upon the first, second and third anniversaries of the Effective Date, which is the Listing Date, June 2, 2015, based on the Company’s achievement of certain levels of total return to its stockholders (“Total Return”), including both share price appreciation and Common Stock dividends, as measured against a peer group of companies, as set forth below, for the three-year performance period commencing on the Effective Date (the “Three-Year Period”); each 12-month period during the Three-Year Period (the “One-Year Periods”); and the initial 24-month period of the Three-Year Period (the “Two-Year Period”), as follows:
 
 
 
 
Performance Period
 
Annual Period
 
Interim Period
Absolute Component: 4% of any excess Total Return attained above an absolute hurdle measured from the beginning of such period:
 
21%
 
7%
 
14%
Relative Component: 4% of any excess Total Return attained above the Total Return for the performance period of the Peer Group*, subject to a ratable sliding scale factor as follows based on achievement of cumulative Total Return measured from the beginning of such period:
 
 
 
 
 
 
 
100% will be earned if cumulative Total Return achieved is at least:
 
18%
 
6%
 
12%
 
50% will be earned if cumulative Total Return achieved is:
 
—%
 
—%
 
—%
 
0% will be earned if cumulative Total Return achieved is less than:
 
—%
 
—%
 
—%
 
a percentage from 50% to 100% calculated by linear interpolation will be earned if the cumulative Total Return achieved is between:
 
0% - 18%
 
0% - 6%
 
0% - 12%
_______________________________________________________
*
The “Peer Group” is comprised of Gramercy Property Trust Inc., Lexington Realty Trust, Select Income REIT, and W.P. Carey Inc.
The potential outperformance award is calculated at the end of each One-Year Period, the Two-Year Period and the Three-Year Period. The award earned for the Three-Year Period is based on the formula in the table above less any awards earned for the Two-Year Period and One-Year Periods, but not less than zero; the award earned for the Two-Year Period is based on the formula in the table above less any award earned for the first and second One-Year Period, but not less than zero. Any LTIP Units that are unearned at the end of the Performance Period will be forfeited.
Subject to the Advisor’s continued service through each vesting date, one third of any earned LTIP Units will vest on each of the third, fourth and fifth anniversaries of the Effective Date. Any earned and vested LTIP Units may be converted into OP Units in accordance with the terms and conditions of the limited partnership agreement of the OP. The OPP provides for early calculation of LTIP Units earned and for the accelerated vesting of any earned LTIP Units in the event Advisor is terminated or in the event the Company incurs a change in control, in either case prior to the end of the Three-Year Period. On June 2, 2016, no LTIP units were earned by the Advisor under the terms of the OPP.
The Company records equity based compensation expense associated with the awards over the requisite service period of five years on a graded vesting basis. Equity-based compensation expense is adjusted each reporting period for changes in the estimated market-related performance. Compensation (income) expense related to the OPP was $(0.3) million and $1.0 million for the three months ended March 31, 2017 and 2016, respectively. Subject to the Advisor’s continued service through each vesting date, one third of any earned LTIP Units will vest on each of the third, fourth and fifth anniversaries of the Effective Date. Until such time as an LTIP Unit is earned in accordance with the provisions of the OPP, the holder of such LTIP Unit is entitled to distributions on such LTIP Unit equal to 10% of the distributions (other than distributions of sale proceeds) made per OP Unit. If real estate assets are sold and net sales proceeds distributed prior to June 2, 2018, the end of the Three-Year Period, the holders of LTIP Units generally would be entitled to a portion of those net sales proceeds with respect to both the earned and unearned LTIP Units (although the amount per LTIP Unit, which would be determined in accordance with a formula in the limited partnership agreement of the OP, would be less than the amount per OP Unit until the average capital account per LTIP Unit equals the average capital account per OP Unit). The Company has paid $0.2 million in distributions related to LTIP Units during the three months ended March 31, 2017, which is included in non-controlling interest in the consolidated statement of changes in equity. After an LTIP Unit is earned, the holder of such LTIP Unit is entitled to a catch-up distribution and then the same distributions as the holders of an OP Unit. At the time the Advisor’s capital account with respect to an LTIP Unit is economically equivalent to the average capital account balance of an OP Unit, the LTIP Unit has been earned and it has been vested for 30 days, the Advisor, in its sole discretion, will be entitled to convert such LTIP Unit into an OP Unit in accordance with the provisions of the limited partnership agreement of the OP. The OPP provides for early calculation of LTIP Units earned and for the accelerated vesting of any earned LTIP Units in the event Advisor is terminated by the Company or in the event the Company incurs a change in control, in either case prior to the end of the Three-Year Period.
On February 25, 2016, the OPP was amended and restated to reflect the merger of two of the companies in the Peer Group.
On February 28, 2017, the Company completed a Reverse Stock Split of the Company’s Common Stock, OP Units and LTIP Units, at a ratio of 1-for-3 (see Note 1Organization for details).
Other Share-Based Compensation
The Company may issue Common Stock in lieu of cash to pay fees earned by the Company's directors at each director's election. There are no restrictions on the shares issued since these payments in lieu of cash relate to fees earned for services performed. There were no such shares of Common Stock issued in lieu of cash during the three months ended March 31, 2017 and 2016.
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following is a summary of the basic and diluted net income (loss) per share computation for the periods presented:
 
 
Three Months Ended March 31,
(In thousands, except share and per share data)
 
2017
 
2016
Net income attributable to stockholders
 
$
7,429

 
$
6,488

Adjustments to net income attributable to stockholders for common share equivalents
 
(185
)
 
(195
)
Adjusted net income attributable to stockholders
 
$
7,244

 
$
6,293

 
 
 
 
 
Basic and diluted net income per share attributable to stockholders
 
$
0.11

 
$
0.11

Basic and diluted weighted average shares outstanding
 
66,271,008

 
56,312,211


Under current authoritative guidance for determining earnings per share, all nonvested share-based payment awards that contain non-forfeitable rights to distributions are considered to be participating securities and therefore are included in the computation of earnings per share under the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common shares and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. The Company's nonvested RSUs and LTIPs contain rights to receive non-forfeitable distributions and therefore the Company applies the two-class method of computing earnings per share. The calculation of earnings per share above excludes the non-forfeitable distributions to the nonvested RSUs and LTIPs from the numerator.
Diluted net income per share assumes the conversion of all Common Stocks share equivalents into an equivalent number of common shares, unless the effect is anti-dilutive. The Company considers unvested restricted stock, OP Units and LTIP Units to be common share equivalents. For the three months ended March 31, 2017 and 2016, the following common share equivalents were excluded from the calculation of diluted earnings per share:
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Unvested restricted stock
 
50,429

 
62,661

OP Units (1)
 
181,841

 
603,219

OPP (LTIP Units)
 
3,013,933

 
3,013,933

Total anti-dilutive common share equivalents
 
3,246,203

 
3,679,813

____________________________________
(1) 
As of March 31, 2016, OP Units comprised of five original OP Units issued to the Advisor, 27,776 issued at Listing and 575,438 of class B Units which were converted into OP Units at Listing. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, 421,378 of OP Units were converted into Common Stock, of which 305,411 and 115,967 belong to individual investors and Service Provider, respectively. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
Conditionally issuable shares relating to the OPP award (See Note 13Share-Based Compensation) would be included in the computation of fully diluted EPS (if dilutive) based on shares that would be issued if the balance sheet date were the end of the measurement period. No LTIP share equivalents were included in the computation for the three months ended March 31, 2017 and 2016 because no units or shares would have been issued based on the stock price at March 31, 2017 and 2016.
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q, and determined that there have not been any events that have occurred that would require adjustments to, or disclosures in the consolidated financial statements, except for as previously disclosed.
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Basis of Accounting
The accompanying unaudited consolidated financial statements of the Company included herein were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to this Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished includes all adjustments and accruals of a normal recurring nature, which, in the opinion of management, are necessary for a fair statement of results for the interim periods. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the three months ended March 31, 2017 are not necessarily indicative of the results for the entire year or any subsequent interim period.
These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2016, which are included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on February 28, 2017. There have been no significant changes to the Company's significant accounting policies during the three months ended March 31, 2017, other than the updates described below and the subsequent notes.
Principles of Consolidation
Principles of Consolidation
The accompanying unaudited consolidated financial statements include the accounts of the Company, the OP and its subsidiaries. All inter-company accounts and transactions are eliminated in consolidation. In determining whether the Company has a controlling financial interest in a joint venture and the requirement to consolidate the accounts of that entity, management considers factors such as ownership interest, authority to make decisions and contractual and substantive participating rights of the other partners or members as well as whether the entity is a variable interest entity ("VIE") for which the Company is the primary beneficiary. The Company has determined that the OP is a VIE of which the Company is the primary beneficiary. Substantially all of the Company's assets and liabilities are held by the OP.
Income Taxes
Income Taxes
The Company qualified to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the taxable year ended December 31, 2013. Commencing with such taxable year, the Company was organized to operate in such a manner as to qualify for taxation as a REIT under the Code. The Company intends to continue to operate in such a manner to continue to qualify for taxation as a REIT, but no assurance can be given that it will operate in a manner so as to remain qualified as a REIT. As a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes annually all of its REIT taxable income. REIT's are subject to a number of other organizational and operational requirements. The Company conducts business in various states and municipalities within the U.S. (including Puerto Rico), United Kingdom and continental Europe and, as a result, the Company or one of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and certain foreign jurisdictions. As a result, the Company may be subject to certain federal, state, local and foreign taxes on its income and assets, including alternative minimum taxes, taxes on any undistributed income and state, local or foreign income, franchise, property and transfer taxes. Any of these taxes decrease Company's earnings and available cash.
In addition, the Company's international assets and operations, including those designated as direct or indirect qualified REIT subsidiaries or other disregarded entities of a REIT, continue to be subject to taxation in the foreign jurisdictions where those assets are held or those operations are conducted. During the period from July 13, 2011 (date of inception) to December 31, 2012, the Company elected to be taxed as a corporation, pursuant to which income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recorded for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax basis of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards, using expected tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on technical merits, that the position will be sustained upon examination. Because, the Company elected and qualified to be taxed as a REIT commencing with the taxable year ended December 31, 2013, it does not anticipate that any applicable deferred tax assets or liabilities will be realized.
Significant judgment is required in determining the Company's tax provision and in evaluating its tax positions. The Company establishes tax reserves based on a benefit recognition model, which the Company believes could result in a greater amount of benefit (and a lower amount of reserve) being initially recognized in certain circumstances. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50 percent likely of being ultimately realized upon settlement. The Company derecognizes the tax position when the likelihood of the tax position being sustained is no longer more likely than not.
The Company recognizes deferred income taxes in certain of its subsidiaries taxable in the U.S. or in foreign jurisdictions. Deferred income taxes are generally the result of temporary differences (items that are treated differently for tax purposes than for GAAP purposes). In addition, deferred tax assets arise from unutilized tax net operating losses, generated in prior years. The Company provides a valuation allowance against its deferred income tax assets when it believes that it is more likely than not that all or some portion of the deferred income tax asset may not be realized. Whenever a change in circumstances causes a change in the estimated realizability of the related deferred income tax asset, the resulting increase or decrease in the valuation allowance is included in deferred income tax expense (benefit).
The Company derives most of its REIT taxable income from its real estate operations in the U.S. and has historically distributed all of its REIT taxable income to its shareholders. As such, the Company's real estate operations are generally not subject to federal tax, and accordingly, no provision has been made for U.S. federal income taxes in the consolidated financial statements for these operations. These operations may be subject to certain state, local, and foreign taxes, as applicable.
The Company's deferred tax assets and liabilities are primarily the result of temporary differences related to the following:
Basis differences between tax and GAAP for certain international real estate investments. For income tax purposes, in certain acquisitions, the Company assumes the seller’s basis, or the carry-over basis, in the acquired assets. The carry-over basis is typically lower than the purchase price, or the GAAP basis, resulting in a deferred tax liability with an offsetting increase to goodwill or the acquired tangible or intangible assets;
Timing differences generated by differences in the GAAP basis and the tax basis of assets such as those related to capitalized acquisition costs and depreciation expense; and
Tax net operating losses in certain subsidiaries, including those domiciled in foreign jurisdictions that may be realized in future periods if the respective subsidiary generates sufficient taxable income.
The Company recognizes current income tax expense for state and local income taxes and taxes incurred in its foreign jurisdictions. The Company's current income tax expense fluctuates from period to period based primarily on the timing of its taxable income. For the three months ended March 31, 2017 and 2016, the Company recognized an income tax expense of $0.9 million and $0.6 million, respectively. Deferred income tax (expense) benefit is generally a function of the period’s temporary differences and the utilization of net operating losses generated in prior years that had been previously recognized as deferred income tax assets from state and local taxes in the U.S. or in foreign jurisdictions.
Recently Issued Accounting Pronouncements
Recently Issued Accounting Pronouncements
Adopted:
In March 2016, the FASB issued ASU 2016-05 Derivatives and Hedging (Topic 815), Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships. Under the new guidance, the novation of a derivative contract in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The guidance is effective for fiscal years beginning after December 15, 2016, and interim periods therein. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In March 2016, the FASB issued an update on ASU 2016-09 Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The guidance changes the accounting for certain aspects of share-based compensation. Among other things, the revised guidance allows companies to make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In October 2016, the FASB issued ASU 2016-17 Interest Held through Related Parties that Are under Common Control (Topic 810) guidance where a reporting entity will need to evaluate if it should consolidate a VIE. The amendments change the evaluation of whether a reporting entity is the primary beneficiary of a VIE by changing how a single decision maker of a VIE treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The revised guidance is effective for reporting periods beginning after December 15, 2016. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. The adoption of this guidance has not had a material impact on the Company's consolidated financial position, results of operations or cash flows.
In January 2017, the FASB issued ASU 2017-01 Clarifying the Definition of a Business (Topic 805) guidance that revises the definition of a business. Amongst other things, this new guidance is applicable when evaluating whether an acquisition (disposal) should be treated as either a business acquisition (disposal) or an asset acquisition (disposal). Under the revised guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset or group of similar assets, the assets acquired would not be considered a business. The revised guidance is effective for reporting periods beginning after December 15, 2017, and the amendments will be applied prospectively. The Company has adopted the provisions of this guidance effective January 1, 2017, and has applied the provisions prospectively. While Company's acquisitions have historically been classified as either business combinations or asset acquisitions, certain acquisitions that were classified as business combinations by the Company likely would have been considered asset acquisitions under the new standard. As a result, future transaction costs are more likely to be capitalized since the Company expects most of its future acquisitions to be classified as asset acquisitions under this new standard.
Pending Adoption:
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). Under the revised guidance, an entity is required to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The revised guidance allows entities to apply either a full retrospective or modified retrospective transition method upon adoption. In July 2015, the FASB finalized a one-year delay of the revised guidance, although entities will be allowed to early adopt the guidance as of the original effective date. The new guidance will be effective in the Company's 2018 fiscal year. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In January 2016, the FASB issued ASU 2016-01 Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10). The revised guidance amends the recognition and measurement of financial instruments. The new guidance significantly revises an entity’s accounting related to equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. Among other things, it also amends the presentation and disclosure requirements associated with the fair value of financial instruments. The revised guidance is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is not permitted for most of the amendments in the update. The Company is currently evaluating the impact of this new guidance.
In February 2016, the FASB issued ASU 2016-02 Leases (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company’s consolidated financial statements as the Company has certain operating and land lease arrangements for which it is the lessee. ASC 842 supersedes the previous leases standard, ASC 840 Leases. The standard is effective on January 1, 2019, with early adoption permitted. The Company is in the process of evaluating the impact of this new guidance.
In March 2016, the FASB issued ASU 2016-08 Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net). The guidance requires an entity to determine whether the nature of its promise to provide goods or services to a customer is performed in a principal or agent capacity and to recognize revenue in a gross or net manner based on its principal/agent designation. This guidance is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In April 2016, the FASB issued ASU 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. The amendments in this update do not change the core principle of the guidance in Topic 606 but rather, clarify aspects of identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In May 2016, the FASB issued ASU 2016-12 Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients. The amendments provide clarifying guidance in a few narrow areas and add some practical expedients to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with Topic 606, which the FASB expects will reduce the potential for diversity arising in practice and reduce the cost and complexity of applying the guidance. The amendment is effective on the same date as ASU 2014-09, which is not yet effective. The Company is evaluating the impact of the implementation of this guidance, including performing a preliminary review of all revenue streams to identify any differences in the timing, measurement or presentation of revenue recognition. The Company is continuing to evaluate the allowable methods of adoption.
In August 2016, the FASB issued ASU 2016-15 Statement of Cash Flows (Topic 230) guidance on how certain transactions should be classified and presented in the statement of cash flows as either operating, investing or financing activities. Among other things, the update provides specific guidance on where to classify debt prepayment and extinguishment costs, payments for contingent consideration made after a business combination and distributions received from equity method investments. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In November 2016, the FASB issued ASU 2016-18 Restricted Cash (a consensus of the FASB Emerging Issues Task Force) (Topic 230) guidance on the classification of restricted cash in the statement of cash flows. The amendment requires restricted cash to be included in the beginning-of-period and end-of-period total cash amounts. Therefore, transfers between cash and restricted cash will no longer be shown on the statement of cash flows. The guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact of this new guidance.
In January 2017, the FASB issued ASU 2017-04 Intangibles - Goodwill and Other (Topic 350) guidance on simplifying subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this update modify the concept of impairment from the condition that exists to when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. The revised guidance is effective for reporting periods beginning after December 15, 2019, and the amendments will be applied prospectively. Early application is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of this new guidance.
In February 2017, the FASB issued ASU 2017-05, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets guidance related to partial sales of non-financial assets, eliminates rules specifically addressing the sales of real estate, clarifies the definition of in substance non-financial assets, removes exception to the financial asset derecognition model and clarifies the accounting for contributions of non-financial assets to joint ventures. The revised guidance is effective for reporting periods beginning after December 15, 2017. Early adoption is permitted, but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating the impact of this new guidance.
Accounting Treatment of the Mergers
Accounting Treatment of the Mergers
The Mergers are accounted for under the acquisition method for business combinations pursuant to GAAP, with the Company as the accounting acquirer of Global II. The consideration to be transferred by the Company to acquire Global II establishes a new accounting basis for the assets acquired, liabilities assumed and any non-controlling interests, measured at their respective fair value as of the Merger Date. To the extent fair value of the Merger Consideration exceeds fair value of net assets acquired, any such excess represents goodwill. Alternatively, if fair value of net assets acquired exceeds fair value of the Merger Consideration, the transaction could result in a bargain purchase gain that is recognized immediately in earnings and attributable to the Company's common stockholders. Adjustments to estimated fair value of identifiable assets and liabilities of Global II, as well as adjustments to the Merger Consideration may change the determination and amount of goodwill and/or bargain purchase gain and may impact depreciation, amortization and accretion based on revised fair value of assets acquired and liabilities assumed. The actual value of the Merger Consideration is based upon the market price of the Company's Common Stock at the time of closing of the Merger.
Fair Value of Financial Instruments
The Company determines fair value based on quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. This alternative approach also reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The guidance defines three levels of inputs that may be used to measure fair value:
Level 1 — Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date.
Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability.
Level 3 — Unobservable inputs that reflect the entity's own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques.
The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures each quarter and depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, the Company expects that changes in classifications between levels will be rare.
Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. As of March 31, 2017 and December 31, 2016, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of the Company's derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.
The valuation of derivative instruments is determined using a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, as well as observable market-based inputs, including interest rate curves and implied volatilities. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company's potential nonperformance risk and the performance risk of the counterparties.
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
The effects of these revisions are summarized below:
(In thousands)
 
As originally Reported
 
Adjustment
 
As Revised
Three months ended March 31, 2016
 
 
 
 
 
 
Cumulative translation adjustment
 
$
2,996

 
$
(2,930
)
 
$
66

Designated derivatives, fair value adjustments
 
(11,316
)
 
2,930

 
(8,386
)
Total OCI
 
$
(8,320
)
 
$

 
$
(8,320
)
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Merger Transaction (Tables)
3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The fair value of the consideration transferred for the Mergers totaled $220.9 million and consisted of the following:
 
 
As of Merger Date
Fair value of consideration transferred:
 
 
Cash
 
$

Common stock
 
220,868

Total consideration transferred
 
$
220,868

The following table presents the allocation of the assets acquired and liabilities assumed during the three months ended March 31, 2017 based on contract purchase price, excluding acquisition related costs, based on the exchange rate at the time of purchase. There were no acquisitions during the three months ended March 31, 2016.
 
 
Three Months Ended
(Dollar amounts in thousands)
 
March 31, 2017
Real estate investments, at cost:
 
 
Land
 
$
5,443

Buildings, fixtures and improvements
 
22,131

Total tangible assets
 
27,574

Intangibles acquired:
 
 
In-place leases
 
4,003

Above market lease assets
 
47

Below market lease liabilities
 
(1,334
)
Total assets acquired, net
 
30,290

Mortgage notes payable used to acquire real estate investments
 

Cash paid for acquired real estate investments
 
$
30,290

Number of properties purchased
 
3

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, including all measurement period adjustments as of March 31, 2017.
(Dollar amounts in thousands)
 
Global II
Total consideration:
 
 
Fair value of Company's shares of common stock issued, net of fractional shares
 
$
220,868

Assets Acquired at Fair Value
 
 
Land
 
70,921

Buildings, fixtures and improvements
 
390,542

Acquired intangible lease assets
 
112,866

Total real estate investments, at fair value
 
574,329

Restricted cash
 
7,575

Derivatives, at fair value
 
21,808

Prepaid expenses and other assets
 
1,317

Related party notes receivable acquired in Merger
 
5,138

Due from related parties
 
1,463

Deferred tax assets
 
368

Goodwill and other intangible assets, net
 
10,282

Total Assets Acquired at Fair Value
 
622,280

Liabilities Assumed at Fair Value
 
 
Mortgage notes payable
 
279,032

Mortgage (discount) premium, net
 
(2,724
)
Mezzanine facility
 
107,047

Mezzanine discount, net
 
(26
)
Acquired intangible lease liabilities, net
 
8,516

Derivatives, at fair value
 
3,911

Accounts payable and accrued expenses
 
7,212

Prepaid rent
 
6,001

Deferred tax liability
 
9,763

Taxes payable
 
1,661

Dividend payable
 
2

Total Liabilities Assumed at Fair Value
 
420,395

Net assets acquired excluding cash
 
201,885

Cash acquired on acquisition
 
$
18,983

XML 37 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments, Net (Tables)
3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The fair value of the consideration transferred for the Mergers totaled $220.9 million and consisted of the following:
 
 
As of Merger Date
Fair value of consideration transferred:
 
 
Cash
 
$

Common stock
 
220,868

Total consideration transferred
 
$
220,868

The following table presents the allocation of the assets acquired and liabilities assumed during the three months ended March 31, 2017 based on contract purchase price, excluding acquisition related costs, based on the exchange rate at the time of purchase. There were no acquisitions during the three months ended March 31, 2016.
 
 
Three Months Ended
(Dollar amounts in thousands)
 
March 31, 2017
Real estate investments, at cost:
 
 
Land
 
$
5,443

Buildings, fixtures and improvements
 
22,131

Total tangible assets
 
27,574

Intangibles acquired:
 
 
In-place leases
 
4,003

Above market lease assets
 
47

Below market lease liabilities
 
(1,334
)
Total assets acquired, net
 
30,290

Mortgage notes payable used to acquire real estate investments
 

Cash paid for acquired real estate investments
 
$
30,290

Number of properties purchased
 
3

Schedule of Future Minimum Rental Payments for Operating Leases
The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of March 31, 2017. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indices among other items.
(In thousands)
 
Future Minimum
Base Rent Payments (1)
2017 (remainder)
 
$
171,422

2018
 
232,008

2019
 
234,884

2020
 
237,695

2021
 
235,617

2022
 
226,038

Thereafter
 
805,696

 
 
$
2,143,360

___________________________________________
(1) 
Based on the exchange rates as of March 31, 2017.
Future minimum rental payments to be made by the Company under these noncancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows:
(In thousands)
 
Future Ground
Lease Payments
2017 (remainder)
 
$
960

2018
 
1,280

2019
 
1,280

2020
 
1,280

2021
 
1,280

2022
 
1,280

Thereafter
 
39,129

Total
 
$
46,489

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following table lists the countries and states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than 10.0% of consolidated annualized rental income on a straight-line basis as of March 31, 2017 and 2016.
 
 
March 31,
Country or State
 
2017
 
2016
United Kingdom
 
21.8%
 
18.6%
United States:
 
 
 
 
Texas
 
*
 
11.4%
___________________________________________
*
Geography's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Mortgage Notes Payable (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Mortgage notes payable as of March 31, 2017 and December 31, 2016 consisted of the following:
 
 
 
 
Encumbered Properties
 
Outstanding Loan Amount (1)
 
Effective Interest Rate
 
Interest Rate
 
 
Country
 
Portfolio
 
 
March 31, 2017
 
December 31, 2016
 
 
 
Maturity
 
 
 
 
 
 
(In thousands)
 
(In thousands)
 
 
 
 
 
 
Finland:
 
Finnair
 
4
 
$
30,338

 
$
29,878

 
2.2%
(2) 
Fixed
 
Sep. 2020
 
 
Tokmanni
 
1
 
30,952

 
30,483

 
2.4%
(2) 
Fixed
 
Oct. 2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
France:
 
Auchan (5)
 
1
 
8,866

 
8,732

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Pole Emploi (5)
 
1
 
6,196

 
6,102

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Sagemcom (5)
 
1
 
38,349

 
37,768

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
Worldline (5)
 
1
 
5,341

 
5,260

 
1.9%
(2) 
Fixed
 
Jul. 2020
 
 
DCNS (5)
 
1
 
10,148

 
9,994

 
1.5%
(2) 
Fixed
 
Dec. 2020
 
 
ID Logistics II (5)
 
2
 
11,216

 
11,046

 
1.3%
 
Fixed
 
Jun. 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Germany
 
Rheinmetall
 
1
 
11,323

 
11,152

 
2.6%
(2) 
Fixed
 
Jan. 2019
 
 
OBI DIY
 
1
 
4,807

 
4,734

 
2.4%
 
Fixed
 
Jan. 2019
 
 
RWE AG
 
3
 
66,765

 
65,753

 
1.6%
(2) 
Fixed
 
Oct. 2019
 
 
Rexam
 
1
 
5,619

 
5,534

 
1.8%
(2) 
Fixed
 
Oct. 2019
 
 
Metro Tonic
 
1
 
28,308

 
27,879

 
1.7%
(2) 
Fixed
 
Dec. 2019
 
 
ID Logistics I (5)
 
1
 
4,273

 
4,208

 
1.0%
 
Fixed
 
Oct. 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Luxembourg:
 
DB Luxembourg (5)
 
1
 
38,456

 
37,873

 
1.4%
(2) 
Fixed
 
May 2020
The Netherlands:
 
ING Amsterdam (5)
 
1
 
47,002

 
46,290

 
1.7%
(2) 
Fixed
 
Jun. 2020
 
 
Total EUR denominated
 
22
 
347,959

 
342,686

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United Kingdom:
 
McDonald's
 
1
 
949

 
938

 
4.1%
(2) 
Fixed
 
Oct. 2017
 
 
Wickes Building Supplies I
 
1
 
2,431

 
2,402

 
3.7%
(2) 
Fixed
 
May 2018
 
 
Everything Everywhere
 
1
 
4,995

 
4,936

 
4.0%
(2) 
Fixed
 
Jun. 2018
 
 
Thames Water
 
1
 
7,493

 
7,405

 
4.1%
(2) 
Fixed
 
Jul. 2018
 
 
Wickes Building Supplies II
 
1
 
2,060

 
2,036

 
4.2%
(2) 
Fixed
 
Jul. 2018
 
 
Northern Rock
 
2
 
6,556

 
6,479

 
4.4%
(2) 
Fixed
 
Sep. 2018
 
 
Wickes Building Supplies III
 
1
 
2,373

 
2,345

 
4.3%
(2) 
Fixed
 
Nov. 2018
 
 
Provident Financial
 
1
 
15,922

 
15,735

 
4.1%
(2) 
Fixed
 
Feb. 2019
 
 
Crown Crest
 
1
 
24,039

 
23,757

 
4.2%
(2) 
Fixed
 
Feb. 2019
 
 
Aviva
 
1
 
19,606

 
19,376

 
3.8%
(2) 
Fixed
 
Mar. 2019
 
 
Bradford & Bingley
 
1
 
9,441

 
9,330

 
3.5%
(2) 
Fixed
 
May 2020
 
 
Intier Automotive Interiors
 
1
 
5,900

 
5,831

 
3.5%
(2) 
Fixed
 
May 2020
 
 
Capgemini
 
1
 
6,868

 
6,788

 
3.2%
(2) 
Fixed
 
Jun. 2020
 
 
Fujitsu
 
3
 
30,945

 
30,581

 
3.2%
(2) 
Fixed
 
Jun. 2020
 
 
Amcor Packaging
 
7
 
3,904

 
3,858

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Fife Council
 
1
 
2,290

 
2,263

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Malthrust
 
3
 
3,996

 
3,949

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
Talk Talk
 
1
 
4,777

 
4,721

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
HBOS
 
3
 
6,731

 
6,652

 
3.5%
(2) 
Fixed
 
Jul. 2020
 
 
DFS Trading
 
5
 
12,662

 
12,513

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
DFS Trading
 
2
 
2,964

 
2,930

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
HP Enterprise Services
 
1
 
11,597

 
11,461

 
3.4%
(2) 
Fixed
 
Aug. 2020
 
 
Foster Wheeler
 
1
 
49,077

 
48,501

 
2.6%
(2) 
Fixed
 
Oct. 2018
 
 
Harper Collins
 
1
 
35,059

 
34,648

 
3.4%
(2) 
Fixed
 
Oct. 2019
 
 
 
 
Encumbered Properties
 
Outstanding Loan Amount (1)
 
Effective Interest Rate
 
Interest Rate
 
 
Country
 
Portfolio
 
 
March 31, 2017
 
December 31, 2016
 
 
 
Maturity
 
 
NCR Dundee
 
1
 
7,043

 
6,960

 
2.9%
(2) 
Fixed
 
Apr. 2020
 
 
Total GBP denominated
 
43
 
279,678

 
276,395

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States:
 
Quest Diagnostics
 
1
 
52,800

 
52,800

 
2.8%
(3) 
Variable
 
Sep. 2018
 
 
Western Digital
 
1
 
17,600

 
17,682

 
5.3%
 
Fixed
 
Jul. 2021
 
 
AT&T Services
 
1
 
33,550

 
33,550

 
2.9%
(4) 
Variable
 
Dec. 2020
 
 
FedEx Freight (5)
 
1
 
6,165

 
6,165

 
4.5%
 
Fixed
 
Jun. 2021
 
 
Veolia Water (5)
 
1
 
4,110

 
4,110

 
4.5%
 
Fixed
 
Jun. 2021
Puerto Rico:
 
Encanto Restaurants
 
18
 
21,474

 
21,599

 
6.3%
 
Fixed
 
Jun. 2017
 
 
Total USD denominated
 
23
 
135,699

 
135,906

 
 
 
 
 
 
 
 
Gross mortgage notes payable
 
88
 
763,336

 
754,987

 
2.8%
 
 
 
 
 
 
Deferred financing costs, net of accumulated amortization
 
 
(4,726
)
 
(5,103
)
 
—%
 
 
 
 
 
 
Mortgage notes payable, net of deferred financing costs
 
88
 
$
758,610

 
$
749,884

 
2.8%
 
 
 
 
_______________________________
(1) 
Amounts borrowed in local currency and translated at the spot rate as of the respective measurement date.
(2) 
Fixed as a result of an interest rate swap agreement.
(3) 
The interest rate is 2.0% plus 1-month LIBOR.
(4) 
The interest rate is 2.0% plus 1-month Adjusted LIBOR as defined in the mortgage agreement.
(5) 
New mortgages acquired as part of the Merger on the Merger Date.
Schedule of Maturities of Long-term Debt
The following table presents future scheduled aggregate principal payments on the gross mortgage notes payable over the next five calendar years and thereafter as of March 31, 2017:
(In thousands)
 
Future Principal Payments (1)
2017 (remainder)
 
$
22,661

2018
 
128,121

2019
 
265,214

2020
 
305,276

2021
 
42,064

2022
 

Thereafter
 

Total
 
$
763,336

_________________________
(1) 
Based on the exchange rates as of March 31, 2017.
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis
The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016, aggregated by the level in the fair value hierarchy within which those instruments fall.
(In thousands)
 
Quoted Prices in Active Markets
Level 1
 
Significant Other Observable Inputs
Level 2
 
Significant Unobservable Inputs
Level 3
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
Cross currency swaps, net (GBP & EUR)
 
$

 
$
18,061

 
$

 
$
18,061

Foreign currency forwards, net (GBP & EUR)
 
$

 
$
5,929

 
$

 
$
5,929

Interest rate swaps, net (GBP & EUR)
 
$

 
$
(13,508
)
 
$

 
$
(13,508
)
Put options (GBP & EUR)
 
$

 
302

 
$

 
$
302

OPP (see Note 13)
 
$

 
$

 
$
(10,900
)
 
$
(10,900
)
December 31, 2016
 
 
 
 
 
 
 
 
Cross currency swaps, net (GBP & EUR)
 
$

 
$
21,179

 
$

 
$
21,179

Foreign currency forwards, net (GBP & EUR)
 
$

 
$
6,998

 
$

 
$
6,998

Interest rate swaps, net (GBP & EUR)
 
$

 
$
(15,457
)
 
$

 
$
(15,457
)
Put options (GBP & EUR)
 
$

 
$
523

 
$

 
$
523

OPP (see Note 13)
 
$

 
$

 
$
(13,400
)
 
$
(13,400
)
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation
The following is a reconciliation of the beginning and ending balances for the changes in the instrument with Level 3 inputs in the fair value hierarchy for the three months ended March 31, 2017:
(In thousands)
 
OPP
Beginning Balance as of December 31, 2016
 
$
13,400

   Fair value adjustment
 
(2,500
)
Ending balance as of March 31, 2017
 
$
10,900

Fair Value Inputs, Instruments Classified in Shareholders' Equity, Quantitative Information
The following table provides quantitative information about the significant Level 3 input used:
Financial Instrument
 
Fair Value at March 31, 2017
 
Principal Valuation Technique
 
Unobservable Inputs
 
Input Value
 
 
(In thousands)
 
 
 
 
 
 
OPP
 
$
10,900

 
Monte Carlo Simulation
 
Expected volatility
 
28.0%
Fair Value, by Balance Sheet Grouping
The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.
 
 
 
 
Carrying Amount(1)
 
Fair Value
 
Carrying Amount(2)
 
Fair Value
(In thousands)
 
Level
 
March 31,
2017
 
March 31,
2017
 
December 31,
2016
 
December 31,
2016
Mortgage notes payable (1) (2)
 
3
 
$
760,936

 
$
756,389

 
$
752,484

 
$
747,870

Credit Facility
 
3
 
$
698,203

 
$
698,203

 
$
616,614

 
$
616,614

Mezzanine Facility (3)
 
3
 
$

 
$

 
$
55,383

 
$
55,400


__________________________________________________________
(1) 
Carrying value includes $763.3 million gross mortgage notes payable and $2.4 million mortgage discount, net as of March 31, 2017.
(2) 
Carrying value includes $755.0 million gross mortgage notes payable and $2.5 million mortgage discount, net as of December 31, 2016.
(3) 
Carrying value includes $55.4 million Mezzanine Facility and $17,000 mezzanine discount, net as of December 31, 2016.
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Balance Sheet as of March 31, 2017 and December 31, 2016:
(In thousands)
 
Balance Sheet Location
 
March 31, 2017
 
December 31, 2016
Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign currency forwards (EUR-USD)
 
Derivative assets, at fair value
 
$
886

 
$
972

Cross currency swaps (GBP)
 
Derivative assets, at fair value
 
15,254

 
16,868

Cross currency swaps (EUR)
 
Derivative assets, at fair value
 
2,328

 
3,003

Interest rate swaps (GBP)
 
Derivative liabilities, at fair value
 
(7,805
)
 
(8,595
)
Interest rate swaps (EUR)
 
Derivative liabilities, at fair value
 
(3,554
)
 
(4,262
)
Total
 
 
 
$
7,109

 
$
7,986

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Foreign currency forwards (GBP-USD)
 
Derivative assets, at fair value
 
3,314

 
$
3,918

Foreign currency forwards (EUR-USD)
 
Derivative assets, at fair value
 
1,729

 
2,108

Put options (GBP)
 
Derivative assets, at fair value
 
56

 
131

Put options (EUR)
 
Derivative assets, at fair value
 
246

 
392

Cross currency swaps (GBP)
 
Derivative assets, at fair value
 

 
477

Cross currency swaps (EUR)
 
Derivative assets, at fair value
 
479

 
831

Interest rate swaps (EUR)
 
Derivative liabilities, at fair value
 
(2,149
)
 
(2,600
)
Total
 
 
 
$
3,675

 
$
5,257

Offsetting Assets
The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of March 31, 2017 and December 31, 2016. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the accompanying consolidated balance sheets.
 
 
 
 
 
 
 
 
 
 
Gross Amounts Not Offset on the Balance Sheet
 
 

(In thousands)
 
Gross Amounts of Recognized Assets
 
Gross Amounts of Recognized (Liabilities)
 
Gross Amounts Offset on the Balance Sheet
 
Net Amounts of Assets (Liabilities) presented on the Balance Sheet
 
Financial Instruments
 
Cash Collateral Received (Posted)
 
Net Amount
March 31, 2017
 
$
24,292

 
$
(13,508
)
 
$

 
$
10,784

 
$

 
$

 
$
10,784

December 31, 2016
 
$
28,700

 
$
(15,457
)
 
$

 
$
13,243

 
$

 
$

 
$
13,243

Schedule of Interest Rate Derivatives
As of March 31, 2017 and December 31, 2016, the Company had the following outstanding interest rate swaps that were designated as cash flow hedges of interest rate risk:
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Interest rate swaps (GBP)
 
21
 
$
479,790

 
21
 
$
474,161

Interest rate swaps (EUR)
 
14
 
437,849

 
14
 
431,213

Total
 
35
 
$
917,639

 
35
 
$
905,374

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three months ended March 31, 2017 and 2016.
 
 
Three Months Ended March 31,
(In thousands)
 
2017
 
2016
Amount of loss recognized in accumulated other comprehensive income (loss) from derivatives (effective portion)
 
$
(1,983
)
 
$
(9,566
)
Amount of loss reclassified from accumulated other comprehensive income (loss) into income as interest expense (effective portion)
 
$
(1,472
)
 
$
(1,259
)
Amount of gain (loss) recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing)
 
$
36

 
$
(30
)
Schedule of Foreign Cross Currency Derivatives
As of March 31, 2017, and December 31, 2016, the Company had the following outstanding foreign cross currency derivatives that were used to hedge its net investments in foreign operations:
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Cross currency swaps (GBP - USD)
 
1
 
$
61,346

 
1
 
$
60,626

Cross currency swaps (EUR - USD)
 
3
 
38,542

 
3
 
37,957

Foreign currency forwards (EUR-USD)
 
1
 
10,100

 
1
 
10,100

Total
 
5
 
$
109,988

 
5
 
$
108,683

Disclosure of Credit Derivatives
As of March 31, 2017 and December 31, 2016, the Company had the following outstanding derivatives that were not designated as hedges under qualifying hedging relationships.
 
 
March 31, 2017
 
December 31, 2016
Derivatives
 
Number of
Instruments
 
Notional Amount
 
Number of
Instruments
 
Notional Amount
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Foreign currency forwards (GBP - USD)
 
16
 
$
17,054

 
21
 
$
18,058

Foreign currency forwards (EUR - USD)
 
18
 
25,996

 
20
 
28,424

Cross currency swaps (GBP - USD)
 
 

 
3
 
43,457

Cross currency swaps (EUR - USD)
 
2
 
19,752

 
3
 
30,604

Interest rate swaps (EUR)
 
5
 
129,534

 
5
 
127,570

Put options (GBP-USD)
 
4
 
2,700

 
5
 
3,375

Put options (EUR-USD)
 
4
 
5,000

 
5
 
6,250

Total
 
49
 
$
200,036

 
62
 
$
257,738

XML 41 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases
The following table presents future minimum base rental cash payments due to the Company over the next five calendar years and thereafter as of March 31, 2017. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indices among other items.
(In thousands)
 
Future Minimum
Base Rent Payments (1)
2017 (remainder)
 
$
171,422

2018
 
232,008

2019
 
234,884

2020
 
237,695

2021
 
235,617

2022
 
226,038

Thereafter
 
805,696

 
 
$
2,143,360

___________________________________________
(1) 
Based on the exchange rates as of March 31, 2017.
Future minimum rental payments to be made by the Company under these noncancelable ground leases, excluding increases resulting from increases in the consumer price index, are as follows:
(In thousands)
 
Future Ground
Lease Payments
2017 (remainder)
 
$
960

2018
 
1,280

2019
 
1,280

2020
 
1,280

2021
 
1,280

2022
 
1,280

Thereafter
 
39,129

Total
 
$
46,489

XML 42 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services
The following table reflects related party fees incurred, forgiven and contractually due as of and for the periods presented:
 
 
Three Months Ended March 31,
 
 
 
 
 
 
 
2017
 
2016
 
(Receivable) Payable as of
 
(In thousands)
 
Incurred
 
Forgiven
 
Incurred
 
Forgiven
 
March 31, 2017
 
December 31, 2016
 
One-time fees and reimbursements:
 
 
 
 
 
 
 
 
 
 
 
 
 
Related party notes receivable acquired in Merger (1)
 
$

 
$

 
$

 
$

 
$
(3,211
)
 
$
(5,138
)
 
Fees on gain from sale of investments
 

 

 

 
 
 
323

(5) 
923

(5) 
Financing coordination fees (2)
 

 

 

 

 

(5) 
16

(5) 
Ongoing fees:
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset management fees (3)
 
5,190

 

 
4,500

 

 
217

(5) 
447

(5) 
Property management and leasing fees (4)
 
1,097

 
557

 
913

 
596

 
304

(5) (8) 
252

(5) (8) 
Total related party operational fees and reimbursements
 
$
6,287

 
$
557

 
$
5,413

 
$
596

 
$
(2,367
)
(6) 
$
(3,500
)
(7) 
___________________________________________________________________________
(1) 
Balance included within related party notes receivable acquired in the Merger on the consolidated balance sheets as of March 31, 2017 and December 31, 2016. In addition, the $16,000 due from related parties as of March 31, 2017 and December 31, 2016 relating to RCS Advisory (as defined below) is not included in the table above.
(2) 
These related party fees are recorded as deferred financing costs and amortized over the term of the respective financing arrangement.
(3) 
The Advisor, in accordance with the Advisory Agreement, received asset management fees in cash equal to one quarter of the the annual Minimum Base Management Fee for the three months ended March 31, 2017 and 2016, and, the Variable Base Management Fee of $0.7 million for the three months ended March 31, 2017. There were no Variable Base Management Fee for the three months ended March 31, 2016. No Incentive Compensation was earned for the three months ended March 31, 2017 and 2016.
(4) 
The Advisor waived 100% of fees from U.S. assets and its allocated portion of fees from European assets.
(5) 
Balance included within due to related parties on the consolidated balance sheets as of March 31, 2017 and December 31, 2016.
(6) 
In addition, as of March 31, 2017, due to related parties include $0.3 million of costs accrued for Global II Advisor and transfer agent fees which were assumed through the Merger, $36,000 of costs accrued for transfer agent fees and $0.2 million of costs relating to RCS Advisory (as defined below), which are recorded within general and administrative expenses on the consolidated statements of operations for the three months ended March 31, 2017 and are not reflected in the table above.
(7) 
In addition, as of December 31, 2016 due to related parties includes $0.5 million of accruals, of which $0.2 million of costs accrued for transfer agent and personnel services received from the Company's related parties including ANST and $0.3 million to Advisor and RCS.
XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Share-based Compensation [Abstract]  
Schedule of Share-based Compensation Arrangements by Share-based Payment Award
The following table reflects restricted share award activity for the three months ended March 31, 2017:
 
 
Number of Restricted Shares
 
Weighted-Average Issue Price
Unvested, December 31, 2016
 
61,095

 
$
25.07

Vested
 
(10,666
)
 
25.56

Unvested, March 31, 2017
 
50,429

 
$
24.96

Schedule of Share Based Compensation Total Return
The Advisor will be eligible to earn a number of LTIP Units with a value equal to a portion of the OPP Cap upon the first, second and third anniversaries of the Effective Date, which is the Listing Date, June 2, 2015, based on the Company’s achievement of certain levels of total return to its stockholders (“Total Return”), including both share price appreciation and Common Stock dividends, as measured against a peer group of companies, as set forth below, for the three-year performance period commencing on the Effective Date (the “Three-Year Period”); each 12-month period during the Three-Year Period (the “One-Year Periods”); and the initial 24-month period of the Three-Year Period (the “Two-Year Period”), as follows:
 
 
 
 
Performance Period
 
Annual Period
 
Interim Period
Absolute Component: 4% of any excess Total Return attained above an absolute hurdle measured from the beginning of such period:
 
21%
 
7%
 
14%
Relative Component: 4% of any excess Total Return attained above the Total Return for the performance period of the Peer Group*, subject to a ratable sliding scale factor as follows based on achievement of cumulative Total Return measured from the beginning of such period:
 
 
 
 
 
 
 
100% will be earned if cumulative Total Return achieved is at least:
 
18%
 
6%
 
12%
 
50% will be earned if cumulative Total Return achieved is:
 
—%
 
—%
 
—%
 
0% will be earned if cumulative Total Return achieved is less than:
 
—%
 
—%
 
—%
 
a percentage from 50% to 100% calculated by linear interpolation will be earned if the cumulative Total Return achieved is between:
 
0% - 18%
 
0% - 6%
 
0% - 12%
_______________________________________________________
*
The “Peer Group” is comprised of Gramercy Property Trust Inc., Lexington Realty Trust, Select Income REIT, and W.P. Carey Inc.
XML 44 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the basic and diluted net income (loss) per share computation for the periods presented:
 
 
Three Months Ended March 31,
(In thousands, except share and per share data)
 
2017
 
2016
Net income attributable to stockholders
 
$
7,429

 
$
6,488

Adjustments to net income attributable to stockholders for common share equivalents
 
(185
)
 
(195
)
Adjusted net income attributable to stockholders
 
$
7,244

 
$
6,293

 
 
 
 
 
Basic and diluted net income per share attributable to stockholders
 
$
0.11

 
$
0.11

Basic and diluted weighted average shares outstanding
 
66,271,008

 
56,312,211

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
For the three months ended March 31, 2017 and 2016, the following common share equivalents were excluded from the calculation of diluted earnings per share:
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Unvested restricted stock
 
50,429

 
62,661

OP Units (1)
 
181,841

 
603,219

OPP (LTIP Units)
 
3,013,933

 
3,013,933

Total anti-dilutive common share equivalents
 
3,246,203

 
3,679,813

____________________________________
(1) 
As of March 31, 2016, OP Units comprised of five original OP Units issued to the Advisor, 27,776 issued at Listing and 575,438 of class B Units which were converted into OP Units at Listing. Subsequent to the Listing all OP Units issued to the Advisor were transferred to individual investors. On September 2, 2016, 421,378 of OP Units were converted into Common Stock, of which 305,411 and 115,967 belong to individual investors and Service Provider, respectively. There were 181,841 OP Units outstanding that were held by parties other than the Company as of March 31, 2017, all of which were converted into Common Stock on April 3, 2017.
XML 45 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Organization - Narrative (Details)
$ / shares in Units, ft² in Millions, $ in Millions
3 Months Ended
Apr. 03, 2017
shares
Feb. 28, 2017
shares
Sep. 02, 2016
shares
Jul. 06, 2015
USD ($)
$ / shares
shares
Jun. 02, 2015
$ / shares
shares
Jun. 30, 2014
$ / shares
shares
Mar. 31, 2017
ft²
property
$ / shares
shares
Mar. 31, 2016
shares
Feb. 27, 2017
shares
Dec. 31, 2016
$ / shares
shares
Dec. 22, 2016
property
Operations [Line Items]                      
Common stock, par value (usd per share) | $ / shares         $ 0.01   $ 0.01     $ 0.01  
Common stock, outstanding (shares)   66,300,000         66,269,225   198,800,000 66,258,559  
Number of properties (property) | property             312        
Rentable square feet (sqft) | ft²             22.2        
Occupancy rate             100.00%        
Weighted average remaining lease term (years)             9 years 6 months 18 days        
Common stock, issued (shares)             66,269,225     66,258,559  
Common stock issued through distribution reinvestment plan (in shares)           400,000          
Antidilutive securities (in shares)             3,246,203 3,679,813      
OP Units                      
Operations [Line Items]                      
Reverse stock split conversion ratio   0.3333                  
Antidilutive securities (in shares)         603,219   181,841 603,219      
Conversion of stock (shares)     421,378                
OPP (LTIP Units)                      
Operations [Line Items]                      
Reverse stock split conversion ratio   0.3333                  
Antidilutive securities (in shares)             3,013,933 3,013,933      
Advisor | OP Units                      
Operations [Line Items]                      
Antidilutive securities (in shares)         487,252            
Service Provider | OP Units                      
Operations [Line Items]                      
Antidilutive securities (in shares)         115,967            
Conversion of stock (shares)     115,967                
Individual Investor | OP Units                      
Operations [Line Items]                      
Conversion of stock (shares)     305,411                
Common Stock                      
Operations [Line Items]                      
Reverse stock split conversion ratio   0.3333                  
Share price (in dollars per share) | $ / shares           $ 30          
Number of shares offered to be repurchased (shares)         4,000,000            
Shares offered to be repurchased (usd per share) | $ / shares       $ 31.5 $ 31.5            
Number of shares repurchased during the period (shares)       4,000,000              
Value of shares repurchased during the period | $       $ 125.0              
IPO                      
Operations [Line Items]                      
Common stock, issued (shares)           57,400,000          
United States                      
Operations [Line Items]                      
Number of properties (property) | property                     2
Percentage of portfolio investments             50.50%        
United Kingdom                      
Operations [Line Items]                      
Number of properties (property) | property                     3
Europe                      
Operations [Line Items]                      
Number of properties (property) | property                     10
Percentage of portfolio investments             49.50%        
Subsequent Event | OP Units                      
Operations [Line Items]                      
Conversion of stock (shares) 181,841                    
XML 46 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies - Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 02, 2015
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Jun. 30, 2015
Dec. 31, 2016
Jan. 31, 2016
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Income tax expense (benefit)   $ 906,000 $ 550,000        
Rental income   58,492,000 $ 51,511,000        
Accrued rent   20,476,000       $ 18,429,000  
Listing Amount, percent 15.00%            
Cumulative, non-compounded, pre-tax annual return, percent 6.00%            
Listing amount distribution measurement period (days) 30 days            
Derivative liability   $ 13,508,000       $ 15,457,000  
OPP              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Requisite service period (years) 5 years 5 years          
Listing Note              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Derivative liability             $ 0
Adjustment | Not Designated as Hedging Instrument              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Gains recognized in other comprehensive income (loss)       $ 500,000      
Straight-Line Rent Effect, Termination Payments Under Lease Cancellation Clauses | Adjustment              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Rental income         $ 300,000    
Accrued rent         300,000    
Change in Tax Valuation | Adjustment              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Income tax expense (benefit)       $ 500,000 900,000    
Deferred Tax Asset | Change in Tax Valuation | Adjustment              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Income tax expense (benefit)         300,000    
Foreign Tax Authority | Change in Tax Valuation | Adjustment              
Quantifying Misstatement in Current Year Financial Statements [Line Items]              
Income tax expense (benefit)         $ 1,200,000    
XML 47 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies - Schedule of Error Corrections (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Cumulative translation adjustment $ 1,703 $ 66
Designated derivatives, fair value adjustments 1,611 (8,386)
Other comprehensive income (loss) $ 3,314 (8,320)
As originally Reported    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Cumulative translation adjustment   2,996
Designated derivatives, fair value adjustments   (11,316)
Other comprehensive income (loss)   (8,320)
Adjustment    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Cumulative translation adjustment   (2,930)
Designated derivatives, fair value adjustments   2,930
Other comprehensive income (loss)   $ 0
XML 48 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Merger Transaction - Narrative (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Dec. 22, 2016
USD ($)
installment
$ / shares
shares
Dec. 21, 2016
USD ($)
$ / shares
Dec. 16, 2016
USD ($)
shares
Mar. 31, 2017
USD ($)
$ / shares
Dec. 31, 2016
USD ($)
$ / shares
Jun. 02, 2015
$ / shares
Jun. 30, 2014
$ / shares
Business Acquisition [Line Items]              
Common stock, par value (usd per share) | $ / shares       $ 0.01 $ 0.01 $ 0.01  
Related party notes receivable acquired in Merger (Note 3) | $       $ 3,211 $ 5,138    
The Letter Agreement              
Business Acquisition [Line Items]              
Related party notes receivable acquired in Merger (Note 3) | $ $ 5,100   $ 6,300        
Percent over gross proceeds to trigger reimbursement     2.00%        
Period of equal cash installments     8 months        
Period for valuing class b units     30 days        
Number of equal cash installments | installment 8            
Proceeds from related party receivable | $       $ 1,900      
Class B Units | The Letter Agreement              
Business Acquisition [Line Items]              
Tender offer (in shares) | shares     22,115        
Common Stock              
Business Acquisition [Line Items]              
Share price (in dollars per share) | $ / shares             $ 30
Merger Agreement              
Business Acquisition [Line Items]              
Equity consideration (in shares) | shares 9,600,000            
Merger Consideration owed to Global II | $ $ 220,868 $ 220,900          
Merger Agreement | Common Stock              
Business Acquisition [Line Items]              
Conversion ratio 2.27            
Share price (in dollars per share) | $ / shares   $ 23.1          
Merger Agreement | Common Stock | Class B Units              
Business Acquisition [Line Items]              
Conversion ratio 2.27            
Merger Agreement | Global Trust II              
Business Acquisition [Line Items]              
Common stock, par value (usd per share) | $ / shares $ 0.01            
XML 49 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1
Merger Transaction - Fair Value of Consideration (Details) - Merger Agreement - USD ($)
$ in Thousands
Dec. 22, 2016
Dec. 21, 2016
Business Acquisition [Line Items]    
Cash $ 0  
Common stock 220,868  
Total consideration transferred $ 220,868 $ 220,900
XML 50 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Merger Transaction - Fair Value of Assets Acquired and Liabilities Assumed (Details) - Merger Agreement
$ in Thousands
Mar. 31, 2017
USD ($)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]  
Fair value of Company's shares of common stock issued, net of fractional shares $ 220,868
Land 70,921
Buildings, fixtures and improvements 390,542
Acquired intangible lease assets 112,866
Total real estate investments, at fair value 574,329
Restricted cash 7,575
Derivatives, at fair value 21,808
Prepaid expenses and other assets 1,317
Related party notes receivable acquired in Merger 5,138
Due from related parties 1,463
Deferred tax assets 368
Goodwill and other intangible assets, net 10,282
Total Assets Acquired at Fair Value 622,280
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]  
Mortgage notes payable 279,032
Mortgage (discount) premium, net (2,724)
Mezzanine facility 107,047
Mezzanine discount, net (26)
Acquired intangible lease liabilities, net 8,516
Derivatives, at fair value 3,911
Prepaid rent 7,212
Deferred tax liability 6,001
Taxes payable 9,763
Taxes payable 1,661
Dividend payable 2
Total Liabilities Assumed at Fair Value 420,395
Net assets acquired excluding cash 201,885
Cash acquired on acquisition $ 18,983
XML 51 R40.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments, Net - Schedule of Business Acquisitions, by Acquisition (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2017
USD ($)
property
Mar. 31, 2016
property
Real estate investments, at cost:    
Land $ 5,443  
Buildings, fixtures and improvements 22,131  
Total tangible assets 27,574  
Intangibles acquired:    
Total assets acquired, net 30,290  
Mortgage notes payable used to acquire real estate investments 0  
Cash paid for acquired real estate investments $ 30,290  
Number of properties purchased | property 3 0
In-place leases    
Intangibles acquired:    
Acquired intangibles $ 4,003  
Above market lease assets    
Intangibles acquired:    
Acquired intangibles 47  
Below market lease liabilities    
Intangibles acquired:    
Acquired intangibles $ (1,334)  
XML 52 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments, Net - Dispositions (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2017
USD ($)
property
Mar. 31, 2016
USD ($)
property
Dec. 31, 2016
property
Real Estate [Line Items]      
Number of real estate properties held for sale (property) | property 0   0
Proceeds from sale of real estate investments $ 12,440 $ 0  
Gains on dispositions of real estate investments 957 $ 0  
Kulicke & Soffa      
Real Estate [Line Items]      
Proceeds from sale of real estate investments $ 13,000    
Properties Sold      
Real Estate [Line Items]      
Number of properties sold (property) | property 1 0  
Gains on dispositions of real estate investments $ 400    
Properties Sold | Advisor      
Real Estate [Line Items]      
Gains on dispositions of real estate investments $ 600    
XML 53 R42.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments, Net - Schedule of Future Minimum Rental Payments for Operating Leases (Details)
$ in Thousands
Mar. 31, 2017
USD ($)
Real Estate [Abstract]  
2017 (remainder) $ 171,422
2018 232,008
2019 234,884
2020 237,695
2021 235,617
2022 226,038
Thereafter 805,696
Future minimum base rental cash payments $ 2,143,360
XML 54 R43.htm IDEA: XBRL DOCUMENT v3.7.0.1
Real Estate Investments, Net - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
United Kingdom    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Entity-wide revenue percentage 21.80% 18.60%
Texas    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Entity-wide revenue percentage   11.40%
XML 55 R44.htm IDEA: XBRL DOCUMENT v3.7.0.1
Credit Borrowings - Narrative (Details)
€ in Millions, £ in Millions
Mar. 30, 2017
USD ($)
Mar. 30, 2017
EUR (€)
Aug. 08, 2016
USD ($)
Jul. 25, 2016
USD ($)
Jul. 25, 2013
USD ($)
Mar. 31, 2017
USD ($)
Mar. 31, 2017
EUR (€)
Mar. 31, 2017
GBP (£)
Jan. 01, 2017
EUR (€)
Jan. 01, 2017
GBP (£)
Dec. 31, 2016
USD ($)
Dec. 31, 2016
EUR (€)
Dec. 22, 2016
USD ($)
Feb. 04, 2015
EUR (€)
Feb. 04, 2015
GBP (£)
Line of Credit Facility [Line Items]                              
Credit facility           $ 698,203,000         $ 616,614,000        
Mezzanine facility, net of discount           0         55,383,000        
Carrying value of unencumbered assets           1,500,000,000                  
Mezzanine Facility | Mortgage notes payable                              
Line of Credit Facility [Line Items]                              
Bridge commitment | €             € 128.0                
Fair value of credit facility                         $ 107,000,000    
Stated interest rate                         8.25%    
Repayment of debt $ 56,500,000 € 52.7                          
Mezzanine facility, net of discount                     55,400,000 € 52.7      
Unusual borrowing                     0        
Mezzanine Facility | Mortgage notes payable | EUR                              
Line of Credit Facility [Line Items]                              
Bridge commitment           136,700,000                  
Bridge Loan Facility | Bridge Loan Facility                              
Line of Credit Facility [Line Items]                              
Bridge commitment     $ 150,000,000.0                        
Debt term     364 days                        
Commitment fee     1.50%                        
Revolving Credit Facility                              
Line of Credit Facility [Line Items]                              
Credit facility                           € 110.5 £ 68.5
Revolving Credit Facility | JPMorgan Chase Bank, N.A.                              
Line of Credit Facility [Line Items]                              
Maximum borrowing capacity         $ 50,000,000                    
Credit facility           $ 698,200,000 € 310.2 £ 177.2 € 258.9 £ 177.2 616,600,000        
Extension fee       $ 1,500,000                      
Extension term       1 year                      
Commitment fee percentage         50.00%                    
Weighted average annual interest rate           2.60% 2.60% 2.60%              
Remaining borrowing capacity           $ 33,100,000         $ 113,000,000        
Fair value of credit facility           698,200,000                  
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Line of Credit Facility, Base Rate, Option Three                              
Line of Credit Facility [Line Items]                              
Interest rate spread         1.00%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Above Threshold                              
Line of Credit Facility [Line Items]                              
Unused capacity commitment fee         0.25%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Below Threshold                              
Line of Credit Facility [Line Items]                              
Unused capacity commitment fee         0.15%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Federal Funds | Line of Credit Facility, Base Rate, Option Two                              
Line of Credit Facility [Line Items]                              
Interest rate spread         0.50%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Maximum                              
Line of Credit Facility [Line Items]                              
Increase in additional borrowing capacity           $ 740,000,000                  
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Maximum | Base Rate | Line of Credit Facility, Interest Rate, Option Two                              
Line of Credit Facility [Line Items]                              
Interest rate spread         1.20%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Maximum | LIBOR | Line of Credit Facility, Interest Rate, Option One                              
Line of Credit Facility [Line Items]                              
Interest rate spread         2.20%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Minimum | Base Rate | Line of Credit Facility, Interest Rate, Option Two                              
Line of Credit Facility [Line Items]                              
Interest rate spread         0.60%                    
Revolving Credit Facility | JPMorgan Chase Bank, N.A. | Minimum | LIBOR | Line of Credit Facility, Interest Rate, Option One                              
Line of Credit Facility [Line Items]                              
Interest rate spread         1.60%                    
XML 56 R45.htm IDEA: XBRL DOCUMENT v3.7.0.1
Mortgage Notes Payable - Schedule of Long-term Debt Instruments (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2017
USD ($)
property
Dec. 31, 2016
USD ($)
Debt Instrument [Line Items]    
Deferred financing costs $ (4,726) $ (5,103)
Mortgage notes payable 758,610 749,884
Merger Agreement    
Debt Instrument [Line Items]    
Mortgage notes payable $ 279,032  
Mortgage notes payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 88  
Outstanding Loan Amount $ 763,336 754,987
Effective Interest Rate 2.80%  
Deferred financing costs $ (4,726) (5,103)
Mortgage notes payable $ 758,610 749,884
Mortgage notes payable | Quest Diagnostics | LIBOR    
Debt Instrument [Line Items]    
Interest rate spread 2.00%  
Mortgage notes payable | EUR    
Debt Instrument [Line Items]    
Encumbered Properties | property 22  
Outstanding Loan Amount $ 347,959 342,686
Mortgage notes payable | EUR | Finnair    
Debt Instrument [Line Items]    
Encumbered Properties | property 4  
Outstanding Loan Amount $ 30,338 29,878
Effective Interest Rate 2.20%  
Mortgage notes payable | EUR | Tokmanni    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 30,952 30,483
Effective Interest Rate 2.40%  
Mortgage notes payable | EUR | Auchan    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 8,866 8,732
Effective Interest Rate 1.70%  
Mortgage notes payable | EUR | Pole Emploi    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 6,196 6,102
Effective Interest Rate 1.70%  
Mortgage notes payable | EUR | Sagemcom    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 38,349 37,768
Effective Interest Rate 1.70%  
Mortgage notes payable | EUR | Worldline    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 5,341 5,260
Effective Interest Rate 1.90%  
Mortgage notes payable | EUR | DCNS    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 10,148 9,994
Effective Interest Rate 1.50%  
Mortgage notes payable | EUR | ID Logistics II    
Debt Instrument [Line Items]    
Encumbered Properties | property 2  
Outstanding Loan Amount $ 11,216 11,046
Effective Interest Rate 1.30%  
Mortgage notes payable | EUR | Rheinmetall    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 11,323 11,152
Effective Interest Rate 2.60%  
Mortgage notes payable | EUR | OBI DIY    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 4,807 4,734
Effective Interest Rate 2.40%  
Mortgage notes payable | EUR | RWE AG    
Debt Instrument [Line Items]    
Encumbered Properties | property 3  
Outstanding Loan Amount $ 66,765 65,753
Effective Interest Rate 1.60%  
Mortgage notes payable | EUR | Rexam    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 5,619 5,534
Effective Interest Rate 1.80%  
Mortgage notes payable | EUR | Metro Tonic    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 28,308 27,879
Effective Interest Rate 1.70%  
Mortgage notes payable | EUR | ID Logistics I    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 4,273 4,208
Effective Interest Rate 1.00%  
Mortgage notes payable | EUR | DB Luxembourg    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 38,456 37,873
Effective Interest Rate 1.40%  
Mortgage notes payable | EUR | ING Amsterdam    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 47,002 46,290
Effective Interest Rate 1.70%  
Mortgage notes payable | GBP    
Debt Instrument [Line Items]    
Encumbered Properties | property 43  
Outstanding Loan Amount $ 279,678 276,395
Mortgage notes payable | GBP | McDonald's    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 949 938
Effective Interest Rate 4.10%  
Mortgage notes payable | GBP | Wickes Building Supplies I    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 2,431 2,402
Effective Interest Rate 3.70%  
Mortgage notes payable | GBP | Everything Everywhere    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 4,995 4,936
Effective Interest Rate 4.00%  
Mortgage notes payable | GBP | Thames Water    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 7,493 7,405
Effective Interest Rate 4.10%  
Mortgage notes payable | GBP | Wickes Building Supplies II    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 2,060 2,036
Effective Interest Rate 4.20%  
Mortgage notes payable | GBP | Northern Rock    
Debt Instrument [Line Items]    
Encumbered Properties | property 2  
Outstanding Loan Amount $ 6,556 6,479
Effective Interest Rate 4.40%  
Mortgage notes payable | GBP | Wickes Building Supplies III    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 2,373 2,345
Effective Interest Rate 4.30%  
Mortgage notes payable | GBP | Provident Financial    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 15,922 15,735
Effective Interest Rate 4.10%  
Mortgage notes payable | GBP | Crown Crest    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 24,039 23,757
Effective Interest Rate 4.20%  
Mortgage notes payable | GBP | Aviva    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 19,606 19,376
Effective Interest Rate 3.80%  
Mortgage notes payable | GBP | Bradford & Bingley    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 9,441 9,330
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | Intier Automotive Interiors    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 5,900 5,831
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | Capgemini    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 6,868 6,788
Effective Interest Rate 3.20%  
Mortgage notes payable | GBP | Fujitsu    
Debt Instrument [Line Items]    
Encumbered Properties | property 3  
Outstanding Loan Amount $ 30,945 30,581
Effective Interest Rate 3.20%  
Mortgage notes payable | GBP | Amcor Packaging    
Debt Instrument [Line Items]    
Encumbered Properties | property 7  
Outstanding Loan Amount $ 3,904 3,858
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | Fife Council    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 2,290 2,263
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | Malthrust    
Debt Instrument [Line Items]    
Encumbered Properties | property 3  
Outstanding Loan Amount $ 3,996 3,949
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | Talk Talk    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 4,777 4,721
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | HBOS    
Debt Instrument [Line Items]    
Encumbered Properties | property 3  
Outstanding Loan Amount $ 6,731 6,652
Effective Interest Rate 3.50%  
Mortgage notes payable | GBP | DFS Trading    
Debt Instrument [Line Items]    
Encumbered Properties | property 5  
Outstanding Loan Amount $ 12,662 12,513
Effective Interest Rate 3.40%  
Mortgage notes payable | GBP | DFS Trading    
Debt Instrument [Line Items]    
Encumbered Properties | property 2  
Outstanding Loan Amount $ 2,964 2,930
Effective Interest Rate 3.40%  
Mortgage notes payable | GBP | HP Enterprise Services    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 11,597 11,461
Effective Interest Rate 3.40%  
Mortgage notes payable | GBP | Foster Wheeler    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 49,077 48,501
Effective Interest Rate 2.60%  
Mortgage notes payable | GBP | Harper Collins    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 35,059 34,648
Effective Interest Rate 3.40%  
Mortgage notes payable | GBP | NCR Dundee    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 7,043 6,960
Effective Interest Rate 2.90%  
Mortgage notes payable | USD    
Debt Instrument [Line Items]    
Encumbered Properties | property 23  
Outstanding Loan Amount $ 135,699 135,906
Mortgage notes payable | USD | Quest Diagnostics    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 52,800 52,800
Effective Interest Rate 2.80%  
Mortgage notes payable | USD | Western Digital    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 17,600 17,682
Effective Interest Rate 5.30%  
Mortgage notes payable | USD | AT&T Services    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 33,550 33,550
Effective Interest Rate 2.90%  
Mortgage notes payable | USD | AT&T Services | Adjusted LIBOR    
Debt Instrument [Line Items]    
Interest rate spread 2.00%  
Mortgage notes payable | USD | FedEx Freight    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 6,165 6,165
Effective Interest Rate 4.50%  
Mortgage notes payable | USD | Veolia Water    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 4,110 4,110
Effective Interest Rate 4.50%  
Mortgage notes payable | USD | Encanto Restaurants    
Debt Instrument [Line Items]    
Encumbered Properties | property 18  
Outstanding Loan Amount $ 21,474 $ 21,599
Effective Interest Rate 6.30%  
XML 57 R46.htm IDEA: XBRL DOCUMENT v3.7.0.1
Mortgage Notes Payable - Schedule of Maturities of Long-term Debt (Details) - Mortgage notes payable - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Debt Instrument [Line Items]    
2017 (remainder) $ 22,661  
2018 128,121  
2019 265,214  
2020 305,276  
2021 42,064  
2022 0  
Thereafter 0  
Mortgage notes payable $ 763,336 $ 754,987
XML 58 R47.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Instruments - Fair Value, Financial Instruments Measured on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
OPP    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity fair value $ (10,900) $ (13,400)
Cross currency swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 18,061 21,179
Foreign currency forwards, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 5,929 6,998
Interest rate swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liability fair value (13,508) (15,457)
Put options (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative asset fair value 302 523
Quoted Prices in Active Markets Level 1 | OPP    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity fair value 0 0
Quoted Prices in Active Markets Level 1 | Cross currency swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 0 0
Quoted Prices in Active Markets Level 1 | Foreign currency forwards, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 0 0
Quoted Prices in Active Markets Level 1 | Interest rate swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liability fair value 0 0
Quoted Prices in Active Markets Level 1 | Put options (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative asset fair value 0 0
Significant Other Observable Inputs Level 2 | OPP    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity fair value 0 0
Significant Other Observable Inputs Level 2 | Cross currency swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 18,061 21,179
Significant Other Observable Inputs Level 2 | Foreign currency forwards, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 5,929 6,998
Significant Other Observable Inputs Level 2 | Interest rate swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liability fair value (13,508) (15,457)
Significant Other Observable Inputs Level 2 | Put options (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative asset fair value 302 523
Significant Unobservable Inputs Level 3 | OPP    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity fair value (10,900) (13,400)
Significant Unobservable Inputs Level 3 | Cross currency swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 0 0
Significant Unobservable Inputs Level 3 | Foreign currency forwards, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Asset fair value 0 0
Significant Unobservable Inputs Level 3 | Interest rate swaps, net (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liability fair value 0 0
Significant Unobservable Inputs Level 3 | Put options (GBP & EUR)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative asset fair value $ 0 $ 0
XML 59 R48.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Instruments - Level 3 Reconciliation (Details) - OPP - Significant Unobservable Inputs Level 3
$ in Thousands
3 Months Ended
Mar. 31, 2017
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance $ 13,400
Fair value adjustment (2,500)
Ending balance $ 10,900
XML 60 R49.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Instruments - Quantitative Level 3 Inputs (Details) - Significant Unobservable Inputs Level 3 - Fair Value, Measurements, Recurring - OPP - Monte Carlo Simulation
$ in Thousands
3 Months Ended
Mar. 31, 2017
USD ($)
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Fair value $ 10,900
Input value (percent) 28.00%
XML 61 R50.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Instruments - Fair Value, by Balance Sheet Grouping (Details)
$ in Thousands, € in Millions
Jul. 25, 2016
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2016
EUR (€)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage notes payable   $ 758,610 $ 749,884  
Mortgage (discount) premium, net   2,400 2,503  
Mezzanine facility, net of discount   0 55,383  
Revolving Credit Facility | JPMorgan Chase Bank, N.A.        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Extension term 1 year      
Mortgage notes payable        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage notes payable   758,610 749,884  
Mortgage notes payable | Mezzanine Facility        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mezzanine facility, net of discount     55,400 € 52.7
Significant Unobservable Inputs Level 3 | Mortgage notes payable | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Debt, fair value   760,936 752,484  
Mortgage notes payable   763,300 755,000  
Mortgage (discount) premium, net   (2,400) (2,500)  
Significant Unobservable Inputs Level 3 | Mortgage notes payable | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Debt, fair value   756,389 747,870  
Significant Unobservable Inputs Level 3 | Mortgage notes payable | Mezzanine Facility | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Debt, fair value   0 55,383  
Mezzanine facility, net of discount     55,400  
Mezzanine discount     17  
Significant Unobservable Inputs Level 3 | Mortgage notes payable | Mezzanine Facility | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Debt, fair value   0 55,400  
Significant Unobservable Inputs Level 3 | Revolving Credit Facility | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Debt, fair value   698,203 616,614  
Significant Unobservable Inputs Level 3 | Revolving Credit Facility | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Debt, fair value   $ 698,203 $ 616,614  
XML 62 R51.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Schedule of Derivatives in Statement of Financial Position, Fair Value (Details) - Significant Other Observable Inputs Level 2 - Swap - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Derivatives, at fair value $ 7,109 $ 7,986
Designated as Hedging Instrument | GBP | Cross currency swaps, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 15,254 16,868
Designated as Hedging Instrument | GBP | Interest rate swaps, net (GBP & EUR) | Derivatives liabilities, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives liabilities, at fair value (7,805) (8,595)
Designated as Hedging Instrument | EUR | Foreign currency forwards, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 886 972
Designated as Hedging Instrument | EUR | Cross currency swaps, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 2,328 3,003
Designated as Hedging Instrument | EUR | Interest rate swaps, net (GBP & EUR) | Derivatives liabilities, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives liabilities, at fair value (3,554) (4,262)
Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Derivatives, at fair value 3,675 5,257
Not Designated as Hedging Instrument | GBP | Foreign currency forwards, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 3,314 3,918
Not Designated as Hedging Instrument | GBP | Cross currency swaps, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 0 477
Not Designated as Hedging Instrument | GBP | Put options (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 56 131
Not Designated as Hedging Instrument | EUR | Foreign currency forwards, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 1,729 2,108
Not Designated as Hedging Instrument | EUR | Cross currency swaps, net (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value 479 831
Not Designated as Hedging Instrument | EUR | Interest rate swaps, net (GBP & EUR) | Derivatives liabilities, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives liabilities, at fair value (2,149) (2,600)
Not Designated as Hedging Instrument | EUR | Put options (GBP & EUR) | Derivatives assets, at fair value    
Derivatives, Fair Value [Line Items]    
Derivatives assets, at fair value $ 246 $ 392
XML 63 R52.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Offsetting Assets (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Gross Amounts of Recognized Assets $ 24,292 $ 28,700
Gross Amounts of Recognized (Liabilities) (13,508) (15,457)
Gross Amounts Offset on the Balance Sheet 0 0
Net Amounts of Assets (Liabilities) presented on the Balance Sheet 10,784 13,243
Financial Instruments 0 0
Cash Collateral Received (Posted) 0 0
Net Amount $ 10,784 $ 13,243
XML 64 R53.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Narrative (Details)
$ in Thousands, € in Millions, £ in Millions
3 Months Ended 12 Months Ended
Feb. 04, 2015
EUR (€)
Feb. 04, 2015
GBP (£)
Mar. 31, 2017
USD ($)
£ / $
€ / $
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Mar. 31, 2017
EUR (€)
£ / $
€ / $
Mar. 31, 2017
GBP (£)
£ / $
€ / $
Jan. 01, 2017
USD ($)
Jan. 01, 2017
EUR (€)
Jan. 01, 2017
GBP (£)
Dec. 31, 2016
USD ($)
May 16, 2015
USD ($)
$ / £
$ / €
Feb. 04, 2015
GBP (£)
Derivative Instruments, Gain (Loss) [Line Items]                          
Borrowings under credit facility     $ 75,335 $ 0                  
Gain (loss) on derivatives due to ineffectiveness in earnings     36 (30)                  
Line of credit, amount drawn     698,203               $ 616,614    
Gain on derivative, from partial settlement         $ 19,000                
Proceeds from termination of derivatives         10,100                
Portion of derivative termination proceeds used to repay debt         $ 8,900                
Foreign currency derivative instruments, liability fair value     552,800         $ 497,900          
Foreign currency derivative instruments, asset fair value                 € 365.4 £ 114.3      
Foreign currency derivative instruments, fair value | £                   63.0      
Gain (loss) on foreign currency fair value hedge ineffectiveness     (900) (100)                  
Loss on derivative instruments     470 349                  
Fair value of derivatives in net liability position     $ 15,400                    
GBP                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Foreign currency exchange rate     1.25     1.25 1.25         1.58  
Foreign currency derivative instruments, asset fair value               142,700          
Foreign currency derivative instruments, fair value               78,600          
EUR                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Foreign currency exchange rate     1.07     1.07 1.07         1.14  
Foreign currency derivative instruments, asset fair value | €                 390.4        
Not Designated as Hedging Instrument                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Loss on derivative instruments     $ 500 $ 300                  
Cash Flow Hedging | Interest Expense | Interest rate swaps, net (GBP & EUR) | Designated as Hedging Instrument                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Estimate of time to transfer (months)     12 months                    
Estimated amount to be reclassified from OCI     $ 5,800                    
Revolving Credit Facility                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Line of credit, amount drawn € 110.5                       £ 68.5
Revolving Credit Facility | JPMorgan Chase Bank, N.A.                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Borrowings under credit facility € 110.5 £ 68.5                      
Line of credit, amount drawn     698,200     € 310.2 £ 177.2   € 258.9 £ 177.2 $ 616,600    
Revolving Credit Facility | GBP | Individual Investment | JPMorgan Chase Bank, N.A.                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Line of credit, amount drawn     221,300         221,300          
Revolving Credit Facility | EUR | Individual Investment | JPMorgan Chase Bank, N.A.                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Line of credit, amount drawn     $ 331,400         $ 276,600          
Revolving Credit Facility | Not Designated as Hedging Instrument | GBP | Individual Investment | JPMorgan Chase Bank, N.A.                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Line of credit, amount drawn                       $ 92,100  
Revolving Credit Facility | Not Designated as Hedging Instrument | EUR | Individual Investment | JPMorgan Chase Bank, N.A.                          
Derivative Instruments, Gain (Loss) [Line Items]                          
Line of credit, amount drawn                       $ 126,000  
XML 65 R54.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Schedule of Interest Rate Derivatives (Details) - Designated as Hedging Instrument - Cash Flow Hedging - Swap
$ in Thousands
Mar. 31, 2017
USD ($)
derivative
Dec. 31, 2016
USD ($)
derivative
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 35 35
Notional Amount | $ $ 917,639 $ 905,374
GBP    
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 21 21
Notional Amount | $ $ 479,790 $ 474,161
EUR    
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 14 14
Notional Amount | $ $ 437,849 $ 431,213
XML 66 R55.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance (Details) - Cash Flow Hedging - Interest rate swaps, net - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of loss recognized in accumulated other comprehensive income (loss) from derivatives (effective portion) $ (1,983) $ (9,566)
Amount of loss recognized in income on derivative instruments (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing) 36 (30)
Interest Expense    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of loss reclassified from accumulated other comprehensive income into income as interest expense (effective portion) $ (1,472) $ (1,259)
XML 67 R56.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Foreign Cross Currency Derivatives (Details) - Net Investment Hedging - Designated as Hedging Instrument
$ in Thousands
Mar. 31, 2017
USD ($)
derivative
Dec. 31, 2016
USD ($)
derivative
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 5 5
Notional Amount | $ $ 109,988 $ 108,683
GBP | Cross currency swaps, net (GBP & EUR)    
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 1 1
Notional Amount | $ $ 61,346 $ 60,626
EUR | Cross currency swaps, net (GBP & EUR)    
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 3 3
Notional Amount | $ $ 38,542 $ 37,957
EUR | Foreign currency forwards, net (GBP & EUR)    
Derivative [Line Items]    
Number of Instruments (derivative) | derivative 1 1
Notional Amount | $ $ 10,100 $ 10,100
XML 68 R57.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivatives and Hedging Activities - Disclosure of Credit Derivatives (Details) - Not Designated as Hedging Instrument - Swap
$ in Thousands
Mar. 31, 2017
USD ($)
derivative
Dec. 31, 2016
USD ($)
derivative
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 49 62
Notional Amount | $ $ 200,036 $ 257,738
Foreign currency forwards, net (GBP & EUR) | GBP    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 16 21
Notional Amount | $ $ 17,054 $ 18,058
Foreign currency forwards, net (GBP & EUR) | EUR    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 18 20
Notional Amount | $ $ 25,996 $ 28,424
Cross currency swaps, net (GBP & EUR) | GBP    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 0 3
Notional Amount | $ $ 0 $ 43,457
Cross currency swaps, net (GBP & EUR) | EUR    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 2 3
Notional Amount | $ $ 19,752 $ 30,604
Interest rate swaps, net | EUR    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 5 5
Notional Amount | $ $ 129,534 $ 127,570
Put options (GBP & EUR) | GBP    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 4 5
Notional Amount | $ $ 2,700 $ 3,375
Put options (GBP & EUR) | EUR    
Schedule of Foreign Currency Swaps [Line Items]    
Number of Instruments (derivative) | derivative 4 5
Notional Amount | $ $ 5,000 $ 6,250
XML 69 R58.htm IDEA: XBRL DOCUMENT v3.7.0.1
Common Stock - Narrative (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Feb. 28, 2017
shares
Dec. 22, 2016
USD ($)
shares
Dec. 21, 2016
USD ($)
Sep. 02, 2016
shares
Jun. 02, 2015
shares
Mar. 31, 2017
$ / shares
shares
Mar. 31, 2016
shares
Feb. 27, 2017
shares
Dec. 31, 2016
shares
Conversion of Stock [Line Items]                  
Common stock, outstanding (shares) 66,300,000         66,269,225   198,800,000 66,258,559
Antidilutive securities (in shares)           3,246,203 3,679,813    
Common stock dividend rate (usd per share) | $ / shares           $ 0.1775      
Merger Agreement                  
Conversion of Stock [Line Items]                  
Equity consideration (in shares)   9,600,000              
Merger Consideration owed to Global II | $   $ 220,868 $ 220,900            
Common Stock                  
Conversion of Stock [Line Items]                  
Reverse stock split conversion ratio 0.3333                
Common Stock | Merger Agreement                  
Conversion of Stock [Line Items]                  
Conversion ratio   2.27              
OP Units                  
Conversion of Stock [Line Items]                  
Conversion of stock (shares)       421,378          
Antidilutive securities (in shares)         603,219 181,841 603,219    
Reverse stock split conversion ratio 0.3333                
Class B Units | Common Stock | Merger Agreement                  
Conversion of Stock [Line Items]                  
Conversion ratio   2.27              
OPP (LTIP Units)                  
Conversion of Stock [Line Items]                  
Antidilutive securities (in shares)           3,013,933 3,013,933    
Reverse stock split conversion ratio 0.3333                
Individual Investor | OP Units                  
Conversion of Stock [Line Items]                  
Conversion of stock (shares)       305,411          
Service Provider | OP Units                  
Conversion of Stock [Line Items]                  
Conversion of stock (shares)       115,967          
Antidilutive securities (in shares)         115,967        
XML 70 R59.htm IDEA: XBRL DOCUMENT v3.7.0.1
Commitments and Contingencies - Operating Ground Leases (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]    
2017 (remainder) $ 960  
2018 1,280  
2019 1,280  
2020 1,280  
2021 1,280  
2022 1,280  
Thereafter 39,129  
Total 46,489  
Rent expense $ 400 $ 300
XML 71 R60.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions - Narrative (Details)
3 Months Ended
Apr. 03, 2017
shares
Feb. 28, 2017
Dec. 22, 2016
USD ($)
installment
Sep. 02, 2016
shares
Mar. 31, 2016
USD ($)
shares
Jun. 02, 2015
USD ($)
$ / shares
shares
Mar. 31, 2017
USD ($)
property
shares
Mar. 31, 2016
USD ($)
property
shares
Dec. 31, 2016
USD ($)
shares
Dec. 16, 2016
USD ($)
Related Party Transaction [Line Items]                    
Due from related parties             $ 16,000   $ 16,000  
Due to related parties             $ 1,348,000   2,162,000  
Antidilutive securities (in shares) | shares             3,246,203 3,679,813    
Distributions paid related to LTIP Units             $ 255,000 $ 857,000    
Dividends payable             29,000   34,000  
Related party notes receivable acquired in Merger (Note 3)             3,211,000   5,138,000  
Equity based compensation             $ 16,000 $ 1,044,000    
Period to reinvest proceeds to not be included in the Sale             180 days      
Cash paid for acquired real estate investments             $ 30,290,000      
Properties Sold                    
Related Party Transaction [Line Items]                    
Number of properties sold (property) | property             1 0    
Contribution and Exchange Agreement                    
Related Party Transaction [Line Items]                    
Proceeds from issuance of operating partnership units           $ 800,000        
The Letter Agreement                    
Related Party Transaction [Line Items]                    
Related party notes receivable acquired in Merger (Note 3)     $ 5,100,000             $ 6,300,000
Number of equal cash installments | installment     8              
Proceeds from related party receivable             $ 1,900,000      
Unaffiliated Third Party Property Management Services | Europe | Gross Revenue, Managed Properties | Singe Tenant Net Lease, Not Part of Shopping Center                    
Related Party Transaction [Line Items]                    
Property management fee, percent fee             1.75%      
Unaffiliated Third Party Property Management Services | Europe | Gross Revenue, Managed Properties | All Other Property Types, Other Than Stand Alone, Single Tenant, Net Leased and Not Part of Shopping Center                    
Related Party Transaction [Line Items]                    
Property management fee, percent fee             3.50%      
Unaffiliated Third Party Property Management Services | Europe | Gross Revenue, Managed Properties | Stand Alone, Single Tenant, Net Leased                    
Related Party Transaction [Line Items]                    
Property management fee, percent fee             0.25%      
Unaffiliated Third Party Property Management Services | Europe | Gross Revenue, Managed Properties | All Other Properties, Other than Stand Alone, Single Tenant, Net Leased                    
Related Party Transaction [Line Items]                    
Property management fee, percent fee             0.50%      
Common Stock                    
Related Party Transaction [Line Items]                    
Reverse stock split conversion ratio   0.3333                
OP Units                    
Related Party Transaction [Line Items]                    
Distributions paid             $ 100,000 $ 300,000    
Class B Units                    
Related Party Transaction [Line Items]                    
Equity based compensation           $ 14,500,000        
OPP                    
Related Party Transaction [Line Items]                    
Distributions paid related to LTIP Units             200,000 $ 500,000    
Dividends payable             $ 0   0  
Lock out period (years)           1 year        
OP Units                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares           603,219 181,841 603,219    
Conversion of stock (shares) | shares       421,378            
Reverse stock split conversion ratio   0.3333                
OP Units | Subsequent Event                    
Related Party Transaction [Line Items]                    
Conversion of stock (shares) | shares 181,841                  
Third party professional fees and offering costs                    
Related Party Transaction [Line Items]                    
Due to related parties             $ 1,300,000   $ 2,200,000  
Special Limited Partner                    
Related Party Transaction [Line Items]                    
Operating partnership units (in shares) | shares             81,481   81,481  
Advisor | Properties Sold                    
Related Party Transaction [Line Items]                    
Due to related parties         $ 0   $ 300,000 $ 0    
Advisor | Amended Advisory Agreement                    
Related Party Transaction [Line Items]                    
Minimum monthly base management fee           $ 18,000,000        
Amended Advisory Agreement, variable fee payable (percent)           1.25%        
Amended Advisory Agreement, incentive compensation payable in cash (percent)           50.00%        
Amended Advisory Agreement, incentive compensation payable in shares (percent)           50.00%        
Amended Advisory Agreement, incentive compensation, percent of core AFFO per share in excess of incentive hurdle of $0.78 per share           15.00%        
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle one (USD per share) | $ / shares           $ 2.37        
Amended Advisory Agreement, incentive compensation, percent of core AFFO per share in excess of incentive hurdle of $1.02 per share           10.00%        
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle two (USD per share) | $ / shares           $ 3.08        
Amended Advisory Agreement, minimum base management fee and incentive compensation payable, cap on AUM up to $5 Billion (percent)           1.25%        
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three           $ 5,000,000,000.0        
Amended Advisory Agreement, minimum base management fee and incentive compensation payable, cap on AUM of at least $15 billion (percent)           0.95%        
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range two           $ 15,000,000,000.0        
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three calculation base (percent)           1.25%        
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum Amount of assets under management, range three calculation denominator           $ 10,000,000,000.0        
Amended Advisory Agreement, minimum base management fee and incentive compensation payable, cap on AUM between $5 billion and $15 billion (percent)           0.30%        
Amended Advisory Agreement, variable fee payable, maximum sale of investments to trigger possible reduction           $ 200,000,000.0        
Advisor | Amended Advisory Agreement | Minimum                    
Related Party Transaction [Line Items]                    
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle possible annual increase (percent)           1.00%        
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three           $ 5,000,000,000.0        
Advisor | Amended Advisory Agreement | Maximum                    
Related Party Transaction [Line Items]                    
Amended Advisory Agreement, incentive compensation core AFFO per share, incentive hurdle possible annual increase (percent)           3.00%        
Minimum base management fee and incentive compensation payable, cap on annum aggregate amount, maximum amount of assets under management, range three           $ 15,000,000,000.0        
Advisor | Chief Executive Officer and President                    
Related Party Transaction [Line Items]                    
Ownership percent             10.00%      
Advisor | OP Units                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares           487,252        
Advisor | OP Units | Contribution and Exchange Agreement                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares           27,776        
Advisor | Class B Units                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares         575,438          
Advisor | American Realty Capital Global Advisors, LLC                    
Related Party Transaction [Line Items]                    
Due from related parties             $ 3,200,000   $ 5,200,000  
Advisor | American Realty Capital Global Advisors, LLC | Contract Purchase Price                    
Related Party Transaction [Line Items]                    
Acquisition fees as a percentage of benchmark           1.00%        
Financing advance fees as a percentage of benchmark, expected third party costs           0.50%        
Advisor | American Realty Capital Global Advisors, LLC | Advance on Loan or Other Investment                    
Related Party Transaction [Line Items]                    
Financing advance fees as a percentage of benchmark           1.00%        
Advisor | American Realty Capital Global Advisors, LLC | Amount Available or Outstanding Under Financing Arrangement                    
Related Party Transaction [Line Items]                    
Acquisition and financing coordination fees as a percentage of benchmark           0.75%        
Advisor | American Realty Capital Global Advisors, LLC | Average Invested Assets | Greater Of | Maximum                    
Related Party Transaction [Line Items]                    
Operating expenses as a percentage of benchmark             2.00%      
Advisor | American Realty Capital Global Advisors, LLC | Net Income, Excluding Additions to Non-cash Reserves and Gains on Sales of Assets | Greater Of | Maximum                    
Related Party Transaction [Line Items]                    
Operating expenses as a percentage of benchmark             25.00%      
Advisor | AR Global, LLC                    
Related Party Transaction [Line Items]                    
Ownership percent             90.00%      
Service Provider | OP Units                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares           115,967        
Conversion of stock (shares) | shares       115,967            
Individual Investor | OP Units                    
Related Party Transaction [Line Items]                    
Conversion of stock (shares) | shares       305,411            
Advisor and Service Provider | OP Units                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares           575,438        
Advisor and Service Provider | Class B Units                    
Related Party Transaction [Line Items]                    
Antidilutive securities (in shares) | shares           575,438        
Property Manager | American Realty Capital Global Properties, LLC | Gross Revenue, Managed Properties | Maximum                    
Related Party Transaction [Line Items]                    
Oversight fees as a percentage of benchmark             1.00%      
Property Manager | American Realty Capital Global Properties, LLC | Gross Revenue, Managed Properties | Stand Alone, Single Tenant, Net Leased | Maximum                    
Related Party Transaction [Line Items]                    
Oversight fees as a percentage of benchmark             2.00%      
Property Manager | American Realty Capital Global Properties, LLC | Gross Revenue, Managed Properties | All Other Properties, Other than Stand Alone, Single Tenant, Net Leased | Maximum                    
Related Party Transaction [Line Items]                    
Oversight fees as a percentage of benchmark             4.00%      
XML 72 R61.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions - Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Related Party Transaction [Line Items]      
Due from related parties $ 16,000   $ 16,000
Transfer Asset and Personnel Services      
Related Party Transaction [Line Items]      
Related party expenses     500,000
Transfer Asset and Personnel Services | General and Administrative Expense      
Related Party Transaction [Line Items]      
Related party expenses 300,000    
Advisor      
Related Party Transaction [Line Items]      
Incentive compensation earned 0 $ 0  
Advisor | Variable Base Management Fee      
Related Party Transaction [Line Items]      
Related party expenses $ 700,000 0  
Advisor | United States      
Related Party Transaction [Line Items]      
Percent of fees waived 100.00%    
Affiliated Entity | Transfer Asset and Personnel Services      
Related Party Transaction [Line Items]      
Related party expenses     200,000
Affiliated Entity | Transfer Asset and Personnel Services | General and Administrative Expense      
Related Party Transaction [Line Items]      
Related party expenses $ 36,000    
Advisor and Dealer Manager | Transfer Asset and Personnel Services      
Related Party Transaction [Line Items]      
Related party expenses     300,000
Advisor and Dealer Manager | Transfer Asset and Personnel Services | General and Administrative Expense      
Related Party Transaction [Line Items]      
Related party expenses 200,000    
Incurred      
Related Party Transaction [Line Items]      
Related party expenses 6,287,000 5,413,000  
Forgiven      
Related Party Transaction [Line Items]      
Related party expenses 557,000 596,000  
Payable      
Related Party Transaction [Line Items]      
Related party (receivable) payable (2,367,000)   (3,500,000)
Property management and leasing fees | Prepaid Expenses and Other Current Assets      
Related Party Transaction [Line Items]      
Related party (receivable) payable (100,000)   (100,000)
Nonrecurring Fees | Related party notes receivable acquired in Merger | Incurred      
Related Party Transaction [Line Items]      
Related party expenses 0 0  
Nonrecurring Fees | Related party notes receivable acquired in Merger | Forgiven      
Related Party Transaction [Line Items]      
Related party expenses 0 0  
Nonrecurring Fees | Related party notes receivable acquired in Merger | Payable      
Related Party Transaction [Line Items]      
Related party (receivable) payable (3,211,000)   (5,138,000)
Nonrecurring Fees | Fees on gain from sale of investments | Incurred      
Related Party Transaction [Line Items]      
Related party expenses 0 0  
Nonrecurring Fees | Fees on gain from sale of investments | Forgiven      
Related Party Transaction [Line Items]      
Related party expenses 0    
Nonrecurring Fees | Fees on gain from sale of investments | Payable      
Related Party Transaction [Line Items]      
Related party (receivable) payable 323,000   923,000
Nonrecurring Fees | Financing coordination fees | Incurred      
Related Party Transaction [Line Items]      
Related party expenses 0 0  
Nonrecurring Fees | Financing coordination fees | Forgiven      
Related Party Transaction [Line Items]      
Related party expenses 0 0  
Nonrecurring Fees | Financing coordination fees | Payable      
Related Party Transaction [Line Items]      
Related party (receivable) payable 0   16,000
Recurring Fees | Asset management fees | Incurred      
Related Party Transaction [Line Items]      
Related party expenses 5,190,000 4,500,000  
Recurring Fees | Asset management fees | Forgiven      
Related Party Transaction [Line Items]      
Related party expenses 0 0  
Recurring Fees | Asset management fees | Payable      
Related Party Transaction [Line Items]      
Related party (receivable) payable 217,000   447,000
Recurring Fees | Property management and leasing fees | Incurred      
Related Party Transaction [Line Items]      
Related party expenses 1,097,000 913,000  
Recurring Fees | Property management and leasing fees | Forgiven      
Related Party Transaction [Line Items]      
Related party expenses 557,000 $ 596,000  
Recurring Fees | Property management and leasing fees | Payable      
Related Party Transaction [Line Items]      
Related party (receivable) payable $ 304,000   $ 252,000
XML 73 R62.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-Based Compensation - Narrative (Details)
3 Months Ended 12 Months Ended
Feb. 28, 2017
Aug. 18, 2016
USD ($)
shares
Feb. 25, 2016
company
Jul. 13, 2015
USD ($)
shares
Jun. 02, 2015
USD ($)
$ / shares
shares
Apr. 08, 2015
Apr. 07, 2015
shares
Mar. 31, 2017
USD ($)
shares
Mar. 31, 2016
USD ($)
shares
Dec. 31, 2016
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Distributions paid related to LTIP Units | $               $ 255,000 $ 857,000  
Common Stock                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Reverse stock split conversion ratio 0.3333                  
OP Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Reverse stock split conversion ratio 0.3333                  
OPP (LTIP Units)                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Reverse stock split conversion ratio 0.3333                  
Restricted Share Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Maximum authorized amount as a percentage of shares authorized           10.00%        
Director                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Shares issued in lieu of cash (shares) | shares               0 0  
Restricted Share Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Annual retainer payable, cash (percent)         50.00%          
Annual retainer payable, restricted stock units (percent)         50.00%          
Restricted Share Plan | Independent Directors                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Annual retainer payable | $   $ 100,000   $ 100,000 $ 100,000          
Restricted Share Plan | Non-Executive Chair                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Annual retainer payable | $   $ 100,000   $ 100,000 105,000          
Restricted Share Plan | Directors, Servicing on Committees                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Annual retainer payable | $         $ 30,000          
OPP                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Shares issued during the period (shares) | shares         3,013,933          
Restricted share vesting period (years)               30 days    
Compensation (income) expense | $               $ (300,000) $ 1,000,000  
Award value, percent of market capitalization (percent)         5.00%          
Requisite service period (years)         5 years     5 years    
Distribution percent entitled to by LTIP holders               10.00%    
Distributions paid related to LTIP Units | $               $ 200,000 500,000  
Number of companies (company) | company     2              
OPP | Annual Period                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)         1 year          
OPP | Interim Period                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)         2 years          
OPP | Performance Period                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)         3 years          
Stock Options | Stock Option Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares authorized (in shares) | shares               500,000.0   500,000.0
Shares issued during the period (shares) | shares               0   0
Restricted Stock | Restricted Share Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares authorized (in shares) | shares             2,500,000      
Shares granted automatically upon election to board of directors (in shares) | shares             1,000      
Restricted share vesting period (years)           5 years 5 years      
Periodic vesting percentage             20.00%      
Maximum authorized amount as a percentage of shares authorized             5.00%      
Compensation (income) expense | $                 $ 100,000  
Restricted Stock | Director Stock Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)         5 years          
Restricted Stock | Restricted Share Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Compensation (income) expense | $               $ 300,000    
Compensation costs not yet recognized | $               $ 1,000,000    
Weighted average period of recognition (years)               2 years 10 months 17 days    
Restricted Stock Units (RSUs) | Director                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Granted (in shares) | shares         13,333          
Granted, weighted average issue price (usd per share) | $ / shares         $ 25.56          
Restricted Stock Units (RSUs) | Restricted Share Plan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)         3 years          
Restricted Stock Units (RSUs) | Restricted Share Plan | Independent Directors                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)   3 years   3 years            
Granted (in shares) | shares   2,880   2,450            
Restricted Stock Units (RSUs) | Restricted Share Plan | Non-Executive Chair                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Restricted share vesting period (years)   3 years   3 years            
Granted (in shares) | shares   2,327   1,979            
XML 74 R63.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-Based Compensation - Schedule of Share-based Compensation Arrangements by Share-based Payment Award (Details) - Restricted Stock
3 Months Ended
Mar. 31, 2017
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested, beginning balance (in shares) | shares 61,095
Vested (in shares) | shares (10,666)
Unvested, ending balance (in shares) | shares 50,429
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]  
Unvested, beginning balance, weighted-average issue price (usd per share) | $ / shares $ 25.07
Vested, weighted average issue price (usd per share) | $ / shares 25.56
Unvested, ending balance, weighted-average issue price (usd per share) | $ / shares $ 24.96
XML 75 R64.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-Based Compensation - Schedule of Total Return (Details) - OPP
Jun. 02, 2015
Performance Period  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Absolute component, base percent 4.00%
Relative component, base percent 4.00%
Absolute component of total return, percent 21.00%
Relative component, 100% of cumulative total return, percent 18.00%
Relative component, 50% of cumulative total return, percent 0.00%
Relative component, 0% of cumulative total return, percent 0.00%
Performance Period | Minimum  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Relative component, 50%-100% of cumulative total return, percent 0.00%
Performance Period | Maximum  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Relative component, 50%-100% of cumulative total return, percent 18.00%
Annual Period  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Absolute component, base percent 4.00%
Relative component, base percent 4.00%
Absolute component of total return, percent 7.00%
Relative component, 100% of cumulative total return, percent 6.00%
Relative component, 50% of cumulative total return, percent 0.00%
Relative component, 0% of cumulative total return, percent 0.00%
Annual Period | Minimum  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Relative component, 50%-100% of cumulative total return, percent 0.00%
Annual Period | Maximum  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Relative component, 50%-100% of cumulative total return, percent 6.00%
Interim Period  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Absolute component, base percent 4.00%
Relative component, base percent 4.00%
Absolute component of total return, percent 14.00%
Relative component, 100% of cumulative total return, percent 12.00%
Relative component, 50% of cumulative total return, percent 0.00%
Relative component, 0% of cumulative total return, percent 0.00%
Interim Period | Minimum  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Relative component, 50%-100% of cumulative total return, percent 0.00%
Interim Period | Maximum  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Relative component, 50%-100% of cumulative total return, percent 12.00%
XML 76 R65.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Earnings Per Share [Abstract]    
Net income (loss) attributable to stockholders $ 7,429 $ 6,488
Adjustments to net income (loss) attributable to stockholders for common share equivalents (185) (195)
Adjusted net income (loss) attributable to stockholders $ 7,244 $ 6,293
Basic and diluted net income per share attributable to stockholders (usd per share) $ 0.11 $ 0.11
Basic and diluted weighted average shares outstanding (shares) 66,271,008 56,312,211
XML 77 R66.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares
3 Months Ended
Apr. 03, 2017
Sep. 02, 2016
Mar. 31, 2016
Jun. 02, 2015
Mar. 31, 2017
Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)         3,246,203 3,679,813
Unvested restricted stock            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)         50,429 62,661
OP Units            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)       603,219 181,841 603,219
Conversion of stock (shares)   421,378        
OP Units | Subsequent Event            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Conversion of stock (shares) 181,841          
OP Units | Advisor            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)       487,252    
OP Units | Individual Investor            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Conversion of stock (shares)   305,411        
OP Units | Service Provider            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)       115,967    
Conversion of stock (shares)   115,967        
OPP (LTIP Units)            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)         3,013,933 3,013,933
Class B Units | Advisor            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)     575,438      
Original OP Units | Advisor            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)     5      
OP Units Issued at Listing | Advisor            
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]            
Antidilutive securities (in shares)     27,776      
EXCEL 78 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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

BE)&'G/*D%0664_!+# 9D#F% M*5[ \4(6G=6W:+H)XD#>0NFV]I:F.']O08"\I8G:;<:&$"O#"4<.!GIKG%>2O M'ZN)N6Y"'#*!$IE-.(BB73JQPP3I89&VEQ"N(X03^4O41;CZ"2>*F !'#"0\ M6L(U%*/C I=, R6<^&0"A3*K1B/"Z:$(X<@"BU3D9B;W".%$!)/H(CQ:PMD M1'0Q ;X82K@EO&3S:"S *RMT74*(6R90+K,)1V,XO0G@<(9QH M81)=A$<_X40>$V"/@80G0'@TZUT"+#.-[.-+0DPS@:J923B*2FR"32PR0898 MHI>0$)Y&"">2F"07X_(P3L4R 6092G@'C*43S) X4M&U?D-FX M2#PT@2*:23F*HN,X<81R8I1)=E&>_903[TR M> 927M!JFU$[!0AJ/=+U*R*I";343,)1%+//A.AG@M2RQ/HDXI9)&6&'(14LT5X3P M,D(X,4V@O682CJ(2F[@1 M,4V0=)99CT2L,ZDCA!/O3*J+\&H)IQ\;)H0#/0TEW!(>0T]FA15Y;"$W>A<2 MQJ'-9E..&*!UAG%AH4EV,5\LX&X*(JR9 5@,I;Y;QV$\^ MIWW(.)#:8LOTD^>$<6BVF82C*-JI$VE-D)#&'&4A1IJT$<:)DR;-Q7CSC^+$ M7!.@KJ&$@W?-3LV#8\+!NV9*2P 0S4V@YV83/C**$X%-D)S&9%8A=IJT$<*) MGR;-17BSA-,""X1PH+&!A'=$N/DHI0#=+7;:SQ+E3:#S9A*.HFC"BFO01PHFY)MU%>'<3KD1O4Z"W@<(6 JRV]1OMRFQV]1EMRFPVT3RO)#DK0*]3205VBC"N,MO@U$\Y81Q MY+=E,M%4XK?IB-^FQ&]3E]^F?K]-62$SE]^FT&\+9N:F2'!KI]F:-8I0[C+< M4!3]$*[2\FB 0QPW18X;6S!2XKCIB..FQ'%3E^.FR'&CS260 MNR0W!9*;Q%SF3;I55#XMYDXK^A'139'"5EA)1:*P:1RH-:I$85-0V REHOG9 M(Y #S0UEHIM,9&WF/4P%.MQYW'FCB!*G4(DS],$H1A]1W11);*SJC1*)30\2 MFR_E1&)34.@,I/P0Y4DY$=T4B&X@Y8>H,_AJL2E'0EPMC>:!] A0BK,I!U&% M44Y4-T426V'#-)'8-(U03B0V!67/4,K]E!/138'HAE)N*8_Q]!W>8\K! EVD M[P0KD>(42G$FY2B*CK%$=5,DL;%2>$HD-LTCE!.)34$9-%M&&D71.M)*5#<% MJELN['F1:&QZ$,^<)TV( T(9JF8,"B2Q Q$J8:$SPS,)F M32*,HYIHX"X'494"12@'HEMFWXZ@1&+3,E(\G&AG"H0RD'!4]HP=B# )BY[9 M"M:V@G@24ZW^&)99V*Q)A'!4'\TF'$71A!/138'HEBOK&XG$IF6$<**=*1#* M4,(!X?1(!'%8 DEALBLJE@9PCR.>]^M7)U^4\3JNO M^V\66E]\6GY[VFXEER>OOGY]T3O=?]W.[^$OWWWTC\7JZ_W3^N+C&PO=V]R:W-H965T M*NV8:5UMP% G2K64/4D M.M::-Q5<-ZQ5M6@#R2[;\ /:[!&T M 4[Q4K->S<:!+>4HQ*N=?#EO0V@S8IR=M+6@YG%G>\:Y=3)Y_!I-PXEI ^?C MA_LG5[PIYD@5VPO^LS[K:AMF87!F%WKC^EGTG]E84!P&8_5?V9UQ([>9&,9) M<.5^@]--:=&,+B:5AKX-S[IUSW[T?X3Y _ 8@*< %/TS@(P!9!$ ALQS^"C/_ ;$:T"<030WP/&BC$&3.DT[)(F3!/DQD1<3 M.8MX;@%1MN"L10AG"+\#BKV@V ?*%R"/*(DQBOR@Q M*/" ,%Z"UB, 8IXD? ME'I!J0^$%J"U*,(P>:>@S,O)?)S%?MVM1=#/R+V,W+/;D@4B_U^$:8+>@PE7 M$)*3Y:U;%1R%-AW(]8F+$)H9 M3_AD:JO,U3%-.+MH.TS-6 []P='P0 &L8 9 >&PO=V]R:W-H965TI4Z[_W/Y.$QZ@?T MBK\S=:LGUUXWE6>M?W0WOY_V?MAUI')U;+H2:?ORIAY5GG>5VC[^'8OZ]\_L M!DZOWZO_VD^^G?-.WW]0X(>%[X^S_4&\J M;^5=)^UG''5>]S^]XVO=Z&*LTK92I#^'UZSL7V]C_?=A> =!]#[ ,*M ]@X M@"T&!$-G_52_IDUZV%7ZYE7#MW5-NU\*\L!:,X_=P]Z[_KUVMG7[].T@8K$+ MWKI"H^;+H*$3#9TK'H&"W25!V\"]"PJ[H/UX/AG/6(P+,%B ]078;!H1+L!A M ;[J0,3QPH=!$_>:LM?\0D(9A@LSD(SQB6S6CH#M"-!.@@M$L$#D;D@,"\2@ M [DP9-"(R4Q)$D9DX<=:10F9U)HUD\!FDG4SB<%/"0M(=SM(B$$)'0P91=.Y M"DGEDI:U*I+2\/42 [<$6$(,)3!TA&XP!6-'&.B"+DUAJ^FV0(@P6=J"=((+ MPT) ,,@$D)P8%B."X2-B@S$8/Q*!+OC2F&@U81:NEM:U2)@65X)1)H#E1!A* M8 !)LL$2C""1#DOL*)K.=KF\6B7SO0:33 ')B6$N%--'B;L=U+#EK?>\]7HR MBFQV6"7S1C##%#%L8(YBYBC?8 =FCJ(=;V6'^-@.FV3>"":7(G(-:S/%O-%X M@QV8-XIVO.7".HJL=M@D\T8PM110FQCV;H9Y8Z&['0SSQM!NMUQ.1Y'-#JMD MW@BFE@%JI:F$(:INR*H,\\96,;DBK#O#&7 MK,K@&;)#24PAWQ#8N680^Z26+E+8@4B8V+E MF&@.B):&Q,HQ@WQ#8N680>Z26/DZCN)3 :2S' M@I@5@6AIF)3"'8D-V%9A# MX9)=Q!R1,NV55\G%VMDGDCF%\!^)6&G3S"O$4;LFN$>8M==/HHC_F/6O=J+9<^*GU]:+2T_TF5^>FNXS;ZVHX M_AYN>=C_:#^_\7#O\#4$L#!!0 ( -:*J$K\@440X@$ *0$ 9 M>&PO=V]R:W-H965T2N9F=V:"ZS4<@WU0+HX)VS7N6H MU7K88JS*%CA5=V* WGRIA>14FU V6 T2:.6*.,,D#%/,:=>C(G.YO2PR<=2L MZV$O W7DG,J_.V!BS-$&G1.O7=-JF\!%-M &?H#^.>REB?#,4G4<>M6)/I!0 MY^AQL]VE%N\ OSH8U6(?6"<'(=YL\+7*46@; @:EM@S4+"=X L8LD6GCS\2) M9DE;N-R?V5^<=^/E0!4\"?:[JW2;HP<45%#3(].O8OP"DY\$!9/Y;W "9N"V M$Z-1"J;<;U >E19\8C&M?20K!-$JSU&CB"ZZ/&##N)5@M@1Q!<$Y,JDQ]P[3.]-1O'B*"YDDE69 M9$4FNI+QF&0A\XDD'\FDJS+IBDQ\)9/>N@D_W\C@Q2WA(!LW'RHHQ;%WL[G( MSB/X2-PM^P_W\_N=RJ;K57 0VMQ5=Z-J(3289L([8[&PO M=V]R:W-H965T*@D9:5_7QZRJKA\,;FKV9E9DNM\E.I-MP &O7,F]!&WQO0' M0G39 J?Z0?8@[)=:*DZ-#55#=*^ 5KZ(,Y(FR99PV@E% M], Y57].P.1XQ"M\2[QT36M<@A1Y3QOX >9G?U8V(C-+U7$0NI,"*:B/^&EU M.&4.[P&O'8QZL4>NDXN4;R[X6AUQX@P!@](X!FJ7*SP#8X[(VO@]<>)9TA4N M]S?VS[YWV\N%:GB6[%=7F?:(]QA54-.!F1DPMGW MU%WQZI#:LRE=TA^%_V;-:YN]%MLDR\G5$4V84\"D"\QJ1A#+/DND,8E3^E_Y M>I_%"=91CVM/L/[@<1LGV$0)-IY@\X%@=]=DP.P\1H0FD\&PO=V]R:W-H965TJ-*\\]25T7:F,=J M%=2;2J6+SJC( QJ&,BC2K/1GDV[LJ9I-]+;)LU(]55Z]+8JT^G>GI5:3OW/Y/:1R=:@0_S. MU+X^NO?:4%ZT?FT?OBVF?M@R4KF:-ZV+U%QVZE[E>>O)\/@[./4/<[:&Q_?O MWK]TP9M@7M):W>O\3[9HUE,_]KV%6J;;O'G6^Z]J"$CXWA#]=[53N8&W3,P< M)H M&LK#,1< $B'#3 1D(FPF$.Z,'@@5.J$5) M$E=BL,0)NR(Q6)8$Z%*.X[4U)X2ES,05 M6<'*(A%@(<;E$MEE(,.$6>D#.$&YLURP5HDM1%#!,:#$F-5$$4Z(\ AW2@DK MF]C2MGKZ@#F>Z1/HZA F7'PH[A,T!*OFVG1QGZ#D\MJACHT;Z7I<.P/H= $D MBY-17A".1W'D2@SN$]1^%Y#$H4N*^P3E5R0&2YLB:5N)^7CK!9 S>R_%38*B MW7<\D?R@[YU.A%L)1:TD'L]DMPCG^N#V0.WV($GB<('E3),K7CFQ AE2X'B) M!]"Y)0:0,YEG6,O,WO,E=;G 6F;7O(4[7L.1]JR4,"M>F<0T9..\ !R1S@V2 M82TS>\^7U/%.Q["6F;@B,5B!S%8@2(RTCAXX,0"'$A,'7"V;]C8R]U5_=.\?&KT9/DL$AV\CL_]0 M2P,$% @ UHJH2D0%6+Z7 P %!( !D !X;"]W;W)K&ULE9A=;YLP%(;_"N)^!?N8KRJ)M&::-FF3JD[;KFGB-*B ,Z!- M]^]G"(T2^_4$-^$CKT_.>>/'/K XJN:YW4O9>6]56;=+?]]UA]L@:#=[6>7M MC3K(6G^S4TV5=_JR>0K:0R/S[3"H*@,>AG%0Y47MKQ;#O?MFM5 O75G4\K[Q MVI>JRIN_=[)4QZ7/_/<;#\73ONMO!*O%(7^2/V3W\W#?Z*O@'&5;5+)N"U5[ MC=PM_8_L=BVH'S H?A7RV%Z<>WTICTH]]Q=?MTL_[#.2I=QT?8A<'U[E6I9E M'TGG\6<,ZI]_LQ]X>?X>_?-0O"[F,6_E6I6_BVVW7_JI[VWE+G\INP=U_"+' M@B+?&ZO_)E]EJ>5])OHW-JILAT]O\])VJAJCZ%2J_.UT+.KA>!SCOP_# _@X M@)\',/'? 30.(&- <,IL*/53WN6K1:..7G/ZMPYY/RG8+6DS-_W-P;OA.UUM MJ^^^KF+.%\%K'VC4W)TT_$)C*-9 06=)H!,X9\%A%GP8+ZZR< 0@&("& '05 M0. @805@:49H8/)TTR:.I!D[#0$*V!*$MCG$H$4XF &1$.$,, \70S$A@@ M 1G$AADG3711)XMX) PW@"I.XQ0GD\)D4I!,@@-D,$ VW0X68DA"D$-J4A): MM7Y(TC R40&R-,H1H]S,!&D57IA SIPI291H#[1,2:UR0],16R(2URS!+'/ ,CDV+\+T43C= M$,+T$=K_3$-&T144YL8#-,RU0!+&F$#S2HZ&CQS=ZXSVE3!Z!+8_VQ%A5YMP MLX,%*LY"!S>$,2: ,3EF&F'T:$8;2Q@]FM+(DMVCBL3RQ!:ESGF"(28 ,;E< MQ?#1C%968/C$E%96@!Z5,V$]ZB!9'#J:+H%1%@!E#SOWY=\SYNGHFZ]1]7I)_WA>7RG5"=UP/!&^[N7 M^?9\4W$VJVE[%<(B7U-6BR>6$\Z]>7(>(NE&O(3$CTG^&""6HH" MSTM0BYO.+0LSM^5EP"7PT9Q*+OZ$IVC+WIP=?#VO4T M$*%D+[4#5LV%5(12;:0P_DR>[IQ2!R[[5_?/IG95RPX+4C'ZNSG(>NUFKG,@ M1WRF\I4-7\A43^PZ4_'?R(50)=>46%^G?U92-9.+@JEQ>]CVW2F'2;_ M:Q@<$$P!P1S@1P\#PBD@M +02&9*?<$2EP5G@\/'S>JQ/A/^*E2+N=>39NW, M-U6M4+.7,HF\ EVTT:39C)I@H0EN%16@"&<)4@ S10!2!"8^7,3[>0 ;A*!! M: RBFS)\JXQ1DQI--T)&06Z7 JBRU/-@F B$B0 8*\UFU,2+-)_\,/8RBP:2 MQ5&*6X@,A B R 2"R+[$.*1X@8B!R%R "*U(/*[?P2T+8 * MV!:TN)?T._$=\U/3"6?'I+KBS$5T9$P2Y>@]J:IJ]33- TJ.4G=3U>?C!3T. M).NGMP?-#V#Y#U!+ P04 " #6BJA*$W^F5B9/JW&Q-9OFG]>BS-.Z>2S?PFI;FG39">59R*)(A7FZW@2S2??N MJ9Q-BOM2S7N=E4ZV(S*LWK-/@3+KZ*I!7H$'^MS:XZN1^UH3P7Q<_VX7XY#:+6 M(Y.9E[I5D3:7#W-ELJS5U/CQCU4:'&VV@J?W!^TW7?!-,,]I9:Z*[._ULEY- M@S@8+U47N=72N)*G MO_;7]::[[JS^@Q@NP*P .PHP^%2 6P$^5$!8 7$4X)\+2"L@AUI05D -%=!6 M0 ]U*;8"\5"!Q HD0UV"Z)"Y:+#(,=DP6.20;AB<;S@D'/[/./^\IN"0ONTZK/NSZ8FJ>?LQ4R*>A!^M M)HNYW&/8"4:XF"L,D_0Q:/@_GZ>2["IB".5<'PJF"=!MZSHG -'-? .PWB M1 .XXS_?8W2'V708+3EWHKGV41'NB< ]$9XG2FK'DSU&GMC@RG'#A_S!"414TZ/TQD2!4B!P?Q3NCT+\<=KQ1GF&((DB(FZ-V]&^ M'>6VM/;BA@@H.S%N)T;L.+1P$WOQQ EE)L'-)(@9M[(3+QPI61PY4=\GGC,1=CMJ#0/1J7(Z%RU,6UTL%B#$G?**F%4!\\FR!7^V4'8*H M@"%V' :96U"O=Q,W&=<8BBQ!(&@/?-Y32KG^<,^2T)X[/HA3+ X$]0'"?)3,_(6.]&8(!,3)0B?XB2'\I(E) MCQ$T.OP7UAC^FAI83_<_]-8=0U*Z% MZ']^SLZ'VOH@/>8N]"\MJ+<> XC&[E[N@.LMDN(QE02B%[G?B^)D(=#70?0B M/Z,7.=&+W.]%;UMX:4&_&YJK V[@T! -R9&&]+9EW-^?=/LRAR%N+:Z_RFY< M=T\>#KC>#*VUBWO ]#$9CYT9Z8DH'T6[BC/E>$.TFD*G<#]D_D "F_/.>\.1XN?THM$C+M_6F&CT7=5WD MW7'R:U'4IM'9T'8P6IET>7S(S&O=WNKFOMQ_C-D_U,76?F@*CU^[9O\!4$L# M!!0 ( -:*J$J[65,V/P( )L' 9 >&PO=V]R:W-H965TTI=5<% >TWGW[ M 5JCEC:^J8#/>?R=/OHB1$.A\U;<36+:5L-P"(0TEJ+%Y82QKUYL1X MC:6:\C,0+2?X:()J"GS/BT"-J\;-,[.VXWG&+I)6#=EQ1USJ&O-_KX2R;NM" M][;P5IU+J1= GK7X3'X2^:O=<34#H\NQJDDC*M8XG)RV[B>X*:"O XSB=T4Z M,1D[.I4]8^]Z\NVX=3U-1"@Y2&V!U>-*"D*I=E(C*3ZF93 #%RUT:!Y[37^3.//-85-@T8-4 PC MB&\%\8T!FAD$=@-D-4#&()@9A(M,>DUH-(W1H(6D>"J98016C,""$2TP>DT\ M^48*XPBE"Q2+S M1_* JH14GO,>)$KM!9#6(UO2 M&49BQ4A6]"6Y*W@0IW'J+5!LL@!&#W!2*TYZCQ,_,(">?>=ZZSL#'VQ^N*(W M@VA:>1@L=_]3S1S%OOVAOZ(_@VA6>10GP7+C6'70A\L#"4Q.27UM_<#\7#7" MV3.I#EQS+)X8DT1Y>B\JN5+=E..$DI/4PUB->7]=]!/)VN$J!.-]G/\'4$L# M!!0 ( -:*J$IZP(R('P( /T% 9 >&PO=V]R:W-H965TV$[M_/ M-H12XDY[P?;EG'//]<=->\9?10T@G3=*6I&YM93=%B%1U$"QN&<=M.I/Q3C% M4BWY"8F. RX-B1+DKU81HKAIW3PUL0//4W:6I&GAP!UQIA3S/SL@K,]S!UZ]N$=^I MWC:THG>9H3%^Q_S4M,(Y,JG>M'EY%6,2E,G5O3JL6O7B:4&@DGH:JSD?.M*P MD*P;FRV:.G[^%U!+ P04 " #6BJA*JK<\!&T" Q"0 &0 'AL+W=O M,S,YFQDY:R-YX3(HSWJJSYULR%:#:6 MQ0\YJ3!_H@VIY9<39146&B-M-$[^U8FM"+*(N: M[)C!+U6%V=]G4M)V:R+SMO%2G'.A-JPT:?"9_"3B5[-CB(C4O:&TP M4*WM*W]3BVW%KVDH1*-WOOO MY$I*"5=*Y!D'6G+]:QPN7-"J9Y%2*OS>C46MQ[;GOYG!!DYOX P&+GIHX/8& M[LS ZI1I5S]C@=.$T=9@7;8:K/X4:./*8![4IHZ=_B:]Y7+WF@:QDUA71=1C MGCN,,\9$,TP&8=P!8TD-@Q '%.)H G="X,$$+DC@:@)O0N#//.DPOL;4&C-# M9(\0$Q$>*,(#1 0S$1TF'!V![#B.HID2"!8M!M4'Y?CW]BCF:Q>(28B(A $=&*K$1WX0Z0Z\U0&8"R R> Q<2@F!C(R4)(D0W7 MK+T^*VBA[-&*O/2@<=C=>=D_@DR%P&6/G!6YZ4'CL+N1[]WU( 6QGZX( AN M(PCH(_%"#T!P$T#>?^0'+EP$5.Y]?OP/"^&ULE5?;CILP$/T5Q +;>AZ2CI$LY4IW M+G)S.96G@'1/SC94JV_XW6!U:K:K1BZ%2Y>_#M:C[ZVGT M?S;##6 T@(L!HQ\:L-& 60;1P*P/]7.N\\6L4:>@&:JUS[L_!7UD)IFK[F&? MN_Z=B;8U3X^+)$MFT;%S-&*>!@Q<8U*XQ2PQ#+M@(L/A0@10(M [8#=$!.Z MH0Y8[R"^8<"M2 8,[S%UCXDS*Q 7D@!.(T9IQ @-.Z$#1EQ]P_0=819LB<"X M$"S%Z7"4#G?I9!X'">H@F5X7@3H0$^HBG*13.QDN!"A.(T5II!/JDCH)IX+P MV&*"H%+"/4G-4#(94I4,=T )WK=D>EVHI_7IA,J,H)O2I';ONQ@@'BIX\U.8 M4)T1=-L/F:U62PR6QA![".%B0ETU$<07$RX$-+ZC0GCS4J1[W0IQ)_O$3HD+ M\6@SQ46 )E/JDSB)=XBXD)C%W)<57%"HJRB">+2 XF) TSMJ@[@=P70%75P3Q[*'@&0;NF 8 M[V"8,@^ N]MS.R4?06Z)X#H 4R8""#-<$=L=TP/ N9E.F ^;N_'9U$(@G'0S7 C9E-F#NIL^)4QT$E0"W>R>Z M.CMUA]D?>;,MZC9X5=HD*/+*7WQ'U!+ P04 " #6BJA*>5EFNL0# #9$0 &0 'AL+W=O MD+JSV _F=OITM]2G)5B>JOI'8>V/5[[?K,]J")MKJJC*KLG^ZHNTK:[K%_]YEBK=-<;%;G/&8O\(LU*;[WL M[SW7ZV7UUN99J9[K1?-6%&G][XW*J]/* ^_CQK?L]=#J&_YZ>4Q?U7?5_G5\ MKKLK_\RRRPI5-EE5+FJU7WE?X/I)!-J@1_R=J5,S.E_H5%ZJZH>^>-RM/*8C M4KG:MIHB[0[O:J/R7#-U5]#MVF;KI=U=5K4@PR.J58; M7(,NTZV^VU=E_["KHZ:[^[Z6+%SZ[YK)8&X&#!]A>,RGF(V+D2R:8FXQC)QB MOF*^Q!1SA_'$4\P]ADFFF ?,E\7SB&$LGB?$%[ SQN\FX#P+')\%WC.("0/@ M# )G$#U#,&:PAO9F@(0]I.PA4228_EECAP%YE'!N%<:C"X0DCA'*)Y0RC,,P MP;,,\"P#)TO!P(H^<%P)'D2<657T@. BF<0@\(A"/*+0'7>PM'$_8" :N6)7 M(&6(>XIP3Y&;NR1J1.(,LF=L8UB:8E,?&4X)X2)%O;TX"1 M(T^"@[4:WB,XB"$. M++Z'_^>;KIR$+KFK2U7KAX,:*8> M."%?CJVY5,J$?'EX0_&< IU$12N=R3O7)"ZN/ M: D<:PF$U#DA=9Y*2[36U MOT84Y^:,;(@A3"(J7D)R8L8V]TZX^U?4ES]Z%=0?/?Y,Z]>L;!8O5=N]5_:O M?ONJ:E7'R:XZMH-*=^>+7.U;?2J[\WKXV#!&PO=V]R:W-H965T.<29)I]/.M#.9[73[FQ@2G46Q0.+V[@MH M7"O8/^'#][P/AP G[QE_$Q4ATGMO:"NV?B5E]QP$HJQ(@\43ZTBKOEP8;[!4 M0WX-1,<)/IN@A@8(@#AH<-WZ16[FCKS(V4W2NB5'[HE;TV#^9T\HZ[<^]!\3 M+_6UDGHB*/(.7\D/(G]V1ZY&P>1RKAO2BIJU'B>7K;^#SP>(=(!1O-:D%[.^ MIU,Y,?:F!U_/6Q_H%1%*2JDML&KNY$ HU4YJ';]'4W]BZL!Y_^'^V22ODCEA M00Z,_JK/LMKZJ>^=R07?J'QA_1F6\J6Z%F[T4"XSRX:Z-1LQ\T:*:!DR)0[A,"N1![ M9(6C?P$'6Y%D;D+H3"(T\>%\@5GB-HBOZ1&!Q7 X.40B6&QS,GK:&\*NI L(KV:V5^A&9 MS4Z59F<*S6)^KRN0>3(_;(;R]1WS:]T*[\2D>GC-\WAA3!*U1O"D-JM2%7,: M4'*1NINH/A_*QC"0K!M+8C#5Y>(O4$L#!!0 ( -:*J$HF=J_)R0@ (&PO=V]R:W-H965T[YPVRV_?Y4K>;;B_JY6C??/-:;U7S7O-W\ MF&V?-]7\8=]HM9QII?QL-5^LI]>7^\^^;JXOZY^[Y6)=?=U,MC]7J_GF?Q^K M9?UR-97IZP=_+'X\[=H/9M>7S_,?U3^KW;^>OVZ:=[-C+P^+5;7>+NKU9%,] M7DW_)A]^%QO:%GO(OQ?5R_;D_TGKR[>Z_K-]<_=P-56M2=6R^KYK^Y@W+[^J M3]5RV7;5&/+?KM?I<="VX>G_K[U_V7O?>/-MOJT^UD:F&,#L8,-;-? 'AL8/=C =0W9 G>=YRU#YT+1J.F\_W6_D_9?-UMLVG_ZZ#A(O9[_:GCK, MQP-&GV!TE#[F4XD)DOJ8SP"C51_S&QK+]#%?4#^9/3<(H_N86X3)QKI#&-O' MW".,ZV-^1QA_Q,R:13JNE,8KI?<]F%X/ ?=@< ]FWX,]Z<&$;$H.D+"'K/<0 M\4IEBW3_'JIGC,7&V,(8F^V[6UL.8VPLS3G@W E.B]?4((<-<6N6(D MHVTS5+YK ,Z'%,5@BSRVR .+,D[=^F*.M'/%%-V5L.@"G:& [0F%/2YS_#:4 M2Y'*!2M1QE)C(C8FEIO99\9$L%HBI3DESHF)U*"$#4J%03%?K'0.N^X 2ED^ M/VW6@)%=E=O'J#P$(I"0@5@*D9+**F=.!SKURJC]WF!ND3 HNAQ-,XM)(!1S M?BP5$K\$!+ RPY2A*4M4=P#"9H0$+@&1RVC2!PDUXD?," D/4L:'8+( <=.! M>I%(#>P"PGY!]&>[@!!6TOD^:T(R7?(G#T.?.TSHQ9>^SX<: 0"]&9@<30BI M2T(VZ2>W2HI]%\DPK" IF1A,5AO==J!>-$M#/A'*ZK)X"<:1/@AEM1VQX(1L M&I$M3SP0Q 8BC-0@^QNV0H21.HQPF#!-ETP##I<@9UEY2^BHRP0:3,)]&$)' MHT84R80]IF1/Z3 V4ABKB'\,8 _EM#"L))^1"8SA!:FS&3 852ODQ4VA#NF MI(4(,Y;0PHQ(5(;0PI2)RN0E_*<.U!9(;XGYPAA#:GA#^&- IE)LIQ!JF!&9 MRA)J6%#IV:P8N;5E!D*9Z@[@AA*5)52S@&J6S(TE++(CSL66L,B6R26OW6\L M./1:-^0T._B63#(L.5C").M&.$V89,\Y7G:@WH$.;HCR@#DX-X29]HPCIBTK MR.)"H#Q@,D,(:RW(>C:O90'(!E*$6D)M6V8]&AX M,2Z?'5\R+HK-GQS"",#8"Q+@N=-P!D QN(T#J !.Y94/Y J7S(4B M=4H@M Z UCZG$P+1#"H%\[7,FA;)F/QP/.',#B1,!Q F?5^809,E )$0$ MP'Y?$ I4 .]Y%DFHB"!4^)Q8",26+))0$4&HR.^';V+YP$;4>YZ1D!%!R/ Y MOR"(\"N2D!%!R @YOV)YDM?O^$7B1@0A@1T (PD)<41]'@G9(^!QR#D(0#:P M^25DC^>0/8XG>V0/>0&/6;Z*A,=QQ.59(M1,@'7%!$,0"3J)4#,A:A8# 6J^ M-\.)4#,!U@5RQ$R$=6G$)70B5$J(2ODE- *Q%)P(WU*9@HTBY\M$^)9&7$(G M0J4$J%1=?7E$]+4IS7F /_D0Q=8)"?")4 M$<64!6I$X1T0Y(@P,%(4KA0T8^,X2"5_0C@ M8,P/XP@U,,>,@$ ?%"))K$*E/3*&@%3<(Z ^C/G) J/H6(Q32 446?BB\AX9 MPRDJ\!'$J?QA!4(9SW8H$P()4 *%1+5MC"UZQ.6L,&&.(&5.Z3=")::A8KH< M0<*,4!CQZ[#A*EZQ(QA%I/L"-3L%*Z; M\I&&4$:#> 9O,E-+WP0*6Z7S$@&R46/YD M2A\Q8_C%)#P"-#S(=: C'W2=\#&]C]@1J@!A"AU!$IU4%.\ Q4LF MIN01BQ(2FSVFY1$[2MS-. -4.LAOH.6AI0,3\XA%"8G.'B.,'2/A9@(< 0H< MY#?2Z>1^STY^A-;^1/,?\\V/Q7H[^5;O=O7JJOW1V6-=[ZJF1W713,%3-7\X MOEE6C[OVW_9AR.;PR\C#FUW]?'7XV>?L^-O3Z_\#4$L#!!0 ( -:*J$H& MVU:E@04 0B 9 >&PO=V]R:W-H965TZZ.'$MQK*J56BDZ5=MG8D]BZX!Q@22G_[[8D/6 M;/;>\#'+ ZOW+/]1'*PM9S_3Y%3;Y=+(K=P:9Q\2T[VU/UG^[(--DCI2E<>_ M7=#YY9CUP.OO']%_:8JOBGF*"_N0)?\<]^7A;F[FL[U]CE^3\GOV_JOM"I+S M65?][_;-)I6\SJ0ZQBY+BN;O;/=:E%G:1:E22>.?[>?QU'R^=_$_AN$!U V@ MRX#JV&,#>#> ?PX0HP-$-T!\#E!-M]I2FMYLXS)>K_+L?9:WI_<UB:+5XJT.U&DVK8:N-*ROV+H*P>1%LZ@RN*1!*(T- M.0&H?X@'5Z&7@RQ $(Z3X+ 7O!G/KP]!&@<0,(!H HBK %P/>ME*=",YM;U4 MT;#CVZ]4O5PDS$4ZN9B(X0 *!E#3NZ%A TR&)S5;:N15X7**/)6:N!Q##B. MY[PO88#E]$I9A"F*OJYUTXFNB^4CQ3(/L P<2GA"0-CN&044C%%A'&0AAP5S MI^#!A?[02324]!/!R#&7.1,I3PA,"I,![<"L,#7E_"NG5MT__UU/U$C;^ME@ M\!@BSU<09HJ9@)Y@JM@29&&&/7%%M/0D)@IHA-KY8P4T03[G:= MZ/K,TL@=@#![!-ACOA"8&A(!!6-J"$TPPTN^$UU?\MP_D1&&BP!T1S#PP$\ MS&?=/-XMP+QQ# 5'4XE3L' *5F2T>Q<'0BD8][<&8\8!9LPSW7/,#P]P;@F#,>8/P$YDR R8>I06.$:_QNB"NW M-5NDY&..6&!V!6"7^2K#3(H DR@PDP)-5$YS7)-XPX MVDX0]I/R_$8#E#/C M"8&9% &&46 FQ13#*,:,8,O2J*2?""9; +*9QST)3*((\(H"DRB05W3:L?RZ M'6.2_H]FS+,$/),O!&9/!IA)B=F3:#X<@B-=,WG#B3&7'*24C!O_B@+F60*> MR6/$)*9/!AA/Z5G8F&(\.]'8M3(JZ2>"&9: 8?+8-(GIDP&^5&+ZY 1?NI&N M+_75B@&5 %#?XIK":*D 2ZHP6@I-:T,NE&M).7&7"J!;DM^?*8RJ JB2QY\I MC)4*L*X*8Z6F6%?E.M(A$Z.2?B(83@7@)(\K4YYUQP"[JC!6:HI=5:X-==HQ M)NDG@N%4 $[RK$XI3)X*,*D:DZ>GF%3M6L\A,4 RLBRM,<,:,.RM!S.G ZRI MQLQIM'XYO$*TZS@E6X(5.R 48ZY=8XHUH)@\UE1C_G2 -=68/SW%FNJOK>FH MI)^(Y_D!H)@\UE1C_G2 -=68/XT68QQX7-])#/R^ SHAM/R?EI\M??R*L,]U8_2!_LW[/:A?2'A,TS[?L0? M?O8./]92.QSV7]M;Y5Y^U[">U&F9V[ M=RX6EQ<_UO\#4$L#!!0 ( -:*J$HHNS]YV04 'LD 9 >&PO=V]R M:W-H965TV(=M_7]L165LZK[%OR >OCLZ1])PC*9X?L_Q[L4[3[I+C(#NF^^L]+EN^2LOJ8OT;%(4^35=-HMXUX'.MHEVSV MT\6\^>XQ7\RSMW*[V:>/^:1XV^V2_+\OZ38[7DW9]..+;YO7=5E_$2WFA^0U M_3,M_SH\YM6GZ&QEM=FE^V*3[2=Y^G(U_95=?K6J;M H_MZDQZ+U?E*'\I1E MW^L/]ZNK:5Q[E&[3Y[(VD50O[^EUNMW6EBH__G5&I^<^ZX;M]Q_6ETWP53!/ M29%>9]M_-JMR?36UT\DJ?4G>MN6W['B7NH#4=.*B_SU]3[>5O/:DZN,YVQ;- MW\GS6U%F.V>EUJ[BF-%_L#Y0_K:KY28QB?-5$U2>>9XO1,\<:":'LB@05!6Q"-!=FQX/EY M?]*81K-O-%RI.(Z]D$.95:8MZ_@C:7]DX ]CAK:@: MJ^)AHVH(.?!"QO_Y/ MFIK.<[3QA1 M3CH]&;HG0_3$:0N6MF"'1SNC+@(08R%C< EPP Z/AX\(!^QP M1OCA5U)") U8\QS5I1 P*XW?42C"'0&X. 67!38 7'P$7!S Q2FX_/V0$[4K M)(OCH)#>#M0M/]=U?0>\+-TY42?/]@X_8%%1+/IWH8K:&\.> +&*JIW^M0,A"BKYW2>B M[LT>8%]36'O%[(X4H8X ^YK:B N_(ZJT@J6G08+05-WT-HH/3C3TI*A!(M%$ M(C'(!@!?CSAM:X"L'K +7Q(BO%S033"Q"T>Y00.N]8BCL0:X:@+7X#2@PR.O MZ)MD *PF@#7^'M2)!A\H#.#1$*@9OPR0(G31#G@T!&H&U&(#4#,C:K$!"!D* M(?\$9<(:RWI^6P"D&:+$&O^VSXELIZ!Z+;3T1=;P!DEH),^=X0 M1T5K_?L[2B71K:0%P%JB-AI0 BP UHXX4UI HAUPIKRF1.$L]8NZW@!8+05K M,$LJ''_!C>].J&*S8(2CUI,']6,Y?R3YZV9?3)ZRLLQVS9,&+UE6II7%^**R MM4Z3U?G#-GTIZ[=UBLE/C\.!-UG'Q+DL Y7W6K)$;OU2J72,DBQ)J*A>\A4:_.7)14Z6/XH1D*X >;%+- M$,$X1C6M&C_/;&PG\HR?%:L:V E/GNN:BK];8+S;^(%_#;Q6IU*9 ,JSEI[@ M%ZBW=B?T"8TLAZJ&1E:\\00<-_Y3L-X&V"18Q.\*.CG9>Z:4/>?OYO#]L/&Q M<00,"F4HJ%XN\ R,&2;MXV,@]4=-DSC=7]E?;/&ZF#V5\,S9G^J@RHV?^MX! MCO3,U"OOOL%04.1[0_4_X ),PXT3K5%P)NW3*\Y2\7I@T59J^MFO56/7;N"_ MIKD3R)! QH2E34"]D'7^E2J:9X)WGNB;WU+S&P=KHGM3F*!MA7VGS4L=O>1I MBC-T,40#9MMCR 03C BDV4<)XI+8DKOT!*_G$)XD6.''+K)PR*X=,,I/I,0&YU8D> MM%V/&>==P0ZE='Y9\'U%X6(U5T*3"UJ#.-G1)+V"GQL[%R?1@W>"%_@)*/:[' X.C,MM$[T4_L_J#XNTPC]'X MIY#_ U!+ P04 " #6BJA*457J+T$# 5$0 &0 'AL+W=O[;G MKV9(:)(F0_;?SC?N:?M=.K16//27-Y^ ?=_8_YO?#/9MW=[!]%_YN??.OO MGE;SN5IDIR[0H'FX:,251@HY:C(??S01T$3T ?)K$\5P D#R#Z O Z0$P%R M&" ',^!!FK%F(HDT)]!D DQ$8!)K2),I-)D"$QF8($V.36;09 8"3 (3I)EB MDSDTF8, L\ $:>;81$$3!0*$]8TTA EGF"(6A5",*%!.@,@_7N,<8\9CSA0+ MJQR(Z&PQC5P"'T&$P#SR_(9L,6T\1@EDBY@DJI1CX'A,DV($LASCQ&P)S)Z(V8L;&A11/AA0$:^&BDV($!A0,?EXU0O,GD#LA54/1'2V M&% 1+V:*$6U"8$#%_(9L,7LBQ@ID&XO(6I68/8FPFA$A,%;RAM5*8F(D@B', M%HC(3B.)=T<$0]C1@(CVP<1(](X9=C0@4HRH58FQDFA)"SL:$"FF"!_,GD18 MA1T-BJA\,'L2O4B&'0V**!\,J(P71\6IDL6 2G7#/@2SER/VHIT(6AR);',, M:!XO:8IS(@0&-!7#;JEPMG#\-'B&S\$K+Z#U!+ P04 M" #6BJA*[SQW#T(" "8!@ &0 'AL+W=O627 M@/<,\$D[M21 89@%+6XZORJU[9%5);T*TG3PR#Q^;5O,?N^ T&'K1_[=\-1< M:J$,057V^ +?03SWCTR>@BG*J6FAXPWM/ ;GK?\0;?:%TFO!CP8&/MM[JI(# MI2_J\.6T]4,%! 2.0D7 *+#9QCK27UO+/XKW(!(N2*1.8Z49^U\.\>@0OSDDNGA#IDO]B 6N2D8'CYF7U6/U MGX@VL6SF41EU[_0S62V7UENUCE 9W%2@4;,S&C331),BD-&G%,B58H<6[E:" M_5*1K]T98F<1L?:/YQG"OP1(G $2'2!YUX78ZH+1Y%K3&<@$K:U*EJ(L*0HW M2NI$21THB85B-.DLRX>H2"T4EVB=NE$R)TKF0+&R[+)E5U!B\>Z7H@RM8S=* M[D3)%RA1:'?%:(I9EG 511;*?T3O4 HG2N% L;M2+'J?92B/PK"P<);"-(LC MA!9(P>R#;H%=].SCWI%>.Z$^G9EU&J\/2 T$R[Z38]=,R;4U,!P)GH;:YW#,S+,U!T'Z\!X+I,JK^ %!+ P04 M " #6BJA*\%$D/$\# #U#P &0 'AL+W=O53-==4)$'$(914*19Z<\FW;?':C91AR;/2OE8>?6A*-+J MWYW,U7'J$__]PU.VW37MAV VV:=;^5,VO_:/E6X%9Y=U5LBRSE3I57(S];^0 MVR7E;4"G^)W)8WWQ[K6E/"OUTC:^K:=^V&8D<[EJ6HM4/U[E7.9YZZ3S^-N; M^N<^V\#+]W?WAZYX7LB;)W7\*ON"N._UU7^7 MKS+7\C83W<=*Y77WUUL=ZD85O8M.I4C?3L^L[)['WO\]# ^ /@#. 81]&$#[ M .H:P/H YAK ^P#N&A#U 9%K@.@#Q"@@.(UN-UV+M$EGDTH=O>JTXO9IN[#) MK= +8M5^[.:_^TW/6*V_OLX2$DV"U]:HU]R=-##0B*%FCFGBH69A:D0RE-R; M$@ITJ'DP-3!4+#_L*-#C<1X40 <%NG@Z*,9B0%$#VAFPRS)",BKCI.&=INQ+ M91&$HW*7B"X224PHGA!#$V)&0@F$N %'#;C[D$2H0>0P))%1*@\9C-;(TE1% M$$4$3T:@R0@D&< -8M0@=A^.!#5(/A^.^\0L-*1 1N/Q8,I(3&(V;/Q7A :73$@5,26KBP[$S&Z$HQ;+'".R14@$YQD@J',QANDR>AH M"H9=X8P2#%*;!4XIN0)3@G-*'$"])R:#+!; +0P1G$)B8IB S0+GD%P!(L%) M)!B*QI(VZ:$A9\0R/8#3 R8]"5CV<<"I .)>,%A.-W"8X5XT6-*$)Y&P=(73 M P[TS &AYZ.N<'K I$?/D,4"IP>NH =P>L#EF .3'BVB"1T?_0["85(X9X!Q MQBP6.&=P!6> *&HW:]Y?LX'S3G_T'4$L# M!!0 ( -:*J$J+PT7^E=H ,*! P 4 >&PO>>_;EGZMJ&^WR[&^[]+S8 MY=M_>7$ZG+V(OJU7>?4O+^ZWV\VKW_^^6MRGZZ3J%9LTAV]NBW*=;.'/\N[W MU:9,DV5UGZ;;]>KWPWY_^OMUDN4O_O#/5?:'?][^X4VQV*W3?!LE^3)ZFV^S M[6/T/N<1LB*/3J+J/BG3ZI]_O_W#/_\>W^'W1M''(M_>5_#.,EW6O_V8E+UH M-(BC87\PJW]YML$O^^U?/K6>_WUV4VW+9+']?^IORL-7Z5V&3\ 0GY)U6GL* M ?>JVB2+]%]> &2JM'Q(7_SAIU5QDZRB3^DV^I F51K#E(O>?^^8X1R65\+C M[V'GWZ)_2Q_KSYWORA*W\"ZK%O#<7]*D1#!%;Y)M?3U_.#D9#$]&@XZIWF6K MM(S.X;V[HFS,\R$I[]+H;+%(X2EX9LG/=X+T\^.F,?^@?_+'SAMMH!W6=X8Y?SBT_7%A_=OSCZ_?1.]/OMP]NG\;73]\]NWGZ_A MBGRY?A,=O3R.7D99'GV^+W85C-+<9;IPEV):__(JA7VG,/TVA4$>X#?<$:PM MV4:+HMJ^:AY^WKAVKW?9"EHVR]*8N'E$9L0&_QMUU6 NYD M.>S]+KM9I=$*+T&45%7:?/YSL865ED\LM[':M(*E+."8=RO"U&4*UV^1\:7& M-2;KHMQF?ZQIV@;^DL,6'9-6V_2L8ILP6N"1\M'EF);RY MS1Y2WMMMDI41#+5+HZ-/!2QD?EQ_Y4M^DZU6,!Y2H>SN?GNRRO(T0HI0?_2R M3#=)MHS2;T"X*SFL8GL/=[X=^%\1%P[2X!XLD@W"2/ M"#^:-RIN 3G;%P:7?!S/AE.:Y.4D'O1'$;"F" CAXM[Q._H6+GNZO@%0Z(6/ M =+5)ET@+JT>&^?A5G2T!!J(G/XX@ANRSG;K=@2'Y66(CPO<>(,U?$S__O3=5+^ L\Q!5AYN+8?("#1MG@*A8!!X7P.S'S=%XMR MEWK4[[H:;=_T!PIUI4AQ- M^G&_3_]'R6Y[7Y39W],EG%T!F)!5%4*<;ND>3@?[ I+<-<&H[V=@R3"8:#J- MA]/3>#B3R:G^G#[(N!>(VH^_QXU<&T)MP(X")P=HL\)$,)%LLG@ M+%NPTC$C)EJ+ MAD>@_H"$-'JZ)JPV3#P&ZS1=9!I@AZ]\5JF9;5[XC]-/'S M4Y&?(-*4Q6J%( ":F<+6.D9L'Z.!I02S]F?WB3!'EPE>M/MTFX'\=7RP2'.- MS)A$+SB]=TPL47XKJNP):;V+]C^)\@X7HZ-=!30'#HY0JT%1&V]Z/(V.&!N? M?D?0]>#G+4YWO13>L(/W$[YVP&;"%Y[82?CP0=NP^'3]&7Y\?/L)<.GB771Q M^?;J[/-[>" Z^I(G.[B3Z?)PK++:8XN@_)#FN[1J$,]P@YQ<; MU)!P.\)P@(IDZYM=6;5+Q2IQ\EP-\BQ,JX5 @PJ.HEFA\W4OY#:%ZWH(]X3; M+-<)+S>JMA7<*/Q;7FT(9&F>HH)*?':YSG)2B)%@MO.9Z :8_9+H'VRK50)_ M\WQQO8NS>PBT']5[H8,Z0&-W298#M\A1D-D(H2'NT:$?-(1%(.PI#^"$>W@> M0+1K??Y+C@/335NY5W>@^U?974XG!R)@"K]'"]+[%X\ ] >@:8$\?Y\N[W": M]/:6>5>>-OG+A0C/");H2/;?N'@,7AY6GFF5SM"<(6/=I+A&_0O$IB;0]9LN ML/O1]LR3;$&9NMEM27WR\O'K[\]M/U^__ M]#9Z_PG^?AL=?;BXOC[^+K(9,./S0)B1X^UFQQGL-:!2]_>.7]Y__4D.A4;1F>VV*]MHH,- >C&%$ M>3HDAVM<]AYQ_%+$\?.GQ7%&QA!F'YX0Q]_L$\>O W'\;:MX_#J]RW(D/]'K M9(74&X]>;CH>4K37?-=\^ZDWX$J6I&0?P6/TVS'"OFVIT?^^ OR*WA7EUZ1< M-D5II\LNT\4*UML0"'B8DR:;MWL\^*7F_!5C,#'B/;ZS#9+O!6>0]SKF*B]^M3C^TC[V?7/T;L/%W_^ M/@&8K)>WJ^)KQ38Z)TU&*/@]D*;78(UGGGJR6 E'L,B IA@.*20'SP@^)-LH M6H8S) DWCX?-8T7!%MKKI$(\,&\';%[>VJ-=-K>GWKO9:[9ZZNWDIGA(P[?; M38SM+Y*8P"N(9)"[$MC/=$FZKQ-D0,HTB &PTX*E.[&P@UCT< M!UIAE<#%.5RG: 4+R)EDBC]NW>Q3 /+78 ^ 7A=E67PE MF1DU$I#@]IN%K])-\L@D E#JT(>C=<.:W(">&7;=:ES?#V^T3A#1!9@OC"FB M_M:13H36<1D 7GF"9EAK;];@CF>JK;7Y0SHUJSW'W79TK4/0;8S(1GF@N^HM MJ8^XY?2;O(Z>7QF*3[7%C=7I#HN!>JGD H-NR/'ZC+=3I#1=[UWO-IL5:21P MB4!*6 UPZO70&.:@,S]Z$WI%*)K3ZG&V@3N=0I4DH3"F\8H3;X#A/A IXLZ M::KH_XN\A^5=QYVX*._@@783B?TN!E$WKXI5MO3FE4OT#0#<=)7>MNJTO&J? M.F>&C]JC&Z(C8!#1"Y2RD_SQQ7&,4%VGY>HQ^B4'00M-\F?P=[9(\@B]TQCY M('141OQ<@L#!H\5T'N6FX#@$F/5?=S#28$2BTR!"^V.4H#SUN&)O"3^+Z]O> M@Z25KE)RPN*7?]L!][O-T,%3 '[2&2-IAP':Z3'P0EA)=/3BZNW[SR^."3^^ MY"AS,;A YW_QI7?=PZ_2)=G&//I$FQVL!;FLOPI?L^U]A/"![TDO>\38!5:= MZAZ)40\$N3020 HSU/6B* Q'A._AVF!,$ _N[@$Z@#C\_J077>3\P9 _D*/Y MD#'/P- +/)^MF64%WR&U 2Q08T1(.!NN&V,=.7IA=38 "AU""ACR-?I+4?[" MGT=OE<(ES?%*OHQ4^?/KP(E_OBF/;S+KTI=W#:T7 N M2F:X 50H5BG!B_B1/?1(1>N% @^@$, )U8%HI#C;L_W@EL_)FKW%6^F;P(^S@4^$'_YJ6 MSGF&M+K(\Y3MKPY-6L9B8ZW9<9D"H@%$*\+R1^ V++RANZAI3Z*AD=[26AS7 MIK6L 9]8(")'&(FCX8"Z=D;-MM5]1?0$\BRW+ ']L@/D=E4>U^Q!Z%9+MC(N M@4(#ZX\2YE6X-&/3<.,2HT75ODVKZT5G?-VKW]D?N[!S0O2L2V0=B&,X@"@$%X M>*/8F3FH8W\X*4T?WR0-:CU-$-M#G M$W&[BJF.<0>6B,0;9@8:WW)&(7W$71.GH7'S*\OVF0@GFU[JD*XA,B_ARZ%YD8Y B#F\/QSVA@Z5T.U* M4*^ Z\'V;],4D/KK?093T&4?]/L_L#:YU*TV#=(@LR09<2[6.T& 6N-4I[T) ML2Y8^VO:&$H3909L#G)G. M]P:N-*P19B 7Q8OWEQ? Q9/;+1*.E(USDUEO[+ 133;;.IT)XZJWXOE:^K&NFTNW"A(>Y[V$3?K$X(.N M M*HLT(:YV*=H=NG2]2 C(=5#'>$V6Q&Q!X%S>^)\@4"_ M-815]E1*%#,MJ?*.G1RMP.OH^@1DZB.,]@7IH!?U^X.3T6QTVH^.Z?[1<$@O M:.]7=BRG/KP@,R P9/I6Q+H=LHJE EJ_@A5[R:]]M."2P=5&2!"I1TJ4L=O' M;]>)T*=L&R>D:).K6D^!$%K8AY*PW0;_'/?Z=61IP>@&0@]ZD[X5CXV0^#FE MC5_@E%XZ;)%-[(.QTW^F(M"'&S!RX ;0]!NPP"TRU=]D^:3'T26ZNX,#)&,9 M20?T\& X,9/$:$58[98N'(&BAS08E04T^ H@6]\BAQ7G[N6&+&NE71(-B>KT MHNO=#0IH2*"0Z3?$3L"=FQWP98P7SHAS@E1&@H9H3G5M-O+Q!)=)N151,HX^ M]"Y5Q[VX1/4I ;1;)5^)1V3K3&T\\@(8BK&E M8VD9PUDN4-]4$9SO6?UI(8N@^N9V]S&.S,Q_/)_%P\FP70V!$1MP.%L^9%51 M E/Y\.%<=BZ?(=&'\QH -3J=SCJ'_%@ Y@ 0?W&*OD(4AKR4(:_3\@%1[Y)- M7SCV494B'<* QP%=G,'PQTA#E2\I5/FS%<".&0V XPG%"ZXZXH1;H5\!H$ U<^(#.]+MD0L4I3 ;$(;+)1D7'5UI.[P$KHMSGS,"(-*PUH*? MN47=(UV#!TJ4PHCM%3!CN75/.)7 (W6Q889'EQ/-'RA4%:RH>/6E567Y7>W^ M%TR(R1C'4AH]7P .A./R:$R:O81(JW9SU"!A4-A>%(J&*$B4X4N?LI[!D;>L M!&Q6R8(_OI/X(QT3%UPPK7O@)U \CSWUA@?*U%M-'?Q_5XE!GYCJ=;K9,MM@ M.\D4Z-=X.(A'L[E_Q6*V' OG-A0UJ<9=M%%_$H\!<6N7P>#3FF85Z@B25O&8 M\B&=7>DU?&_S$=S]JW8+4-P08QU-@Y'A+;U?^.0+-TKMFM86A /6+Q^=+3S% MFL)\$,_' P\$JPR3D8T>NT]7),N*@;N#$K5'Y,9*L8V"L@?*R =9W&([X"R4 MQ>])ZT:!420JO=\PS#K)40(/KT%RB]$BI."!FI@\GFR+$_B!\6N9X'E-I^!A M&(%%MX.M-VCGI5$G/?5TT7P?:902!,11(@R5=<. U8&9CMPU*]('.@+;HN-YW30*E!H#%8B$2?#!)#/V&DZ;4Y(W2WXU2/0 ]20<9_%"L7.NHYO_)Q=6C2.?8AS('K_ M7KT-+Y12OB?,R_%L<6W.ZU Q7O(-1?GU%I2EC!1T)NZ"N'$-*W*#!;@NX$.D MD*W9'H$D:'>':YD+U^!K(.:*,WU7M$.GF@P]D[$(9"P=[M78<8'W/.M2;5*R M1E 'T;.+[Q@+B[^2,B (12RH.C>)\E^7Y!(MS E\!=EDI28G0-HJ6V9H<@_% M!Q)&!.^SM?#?%&XO@C;]AAJ>8)??Q2(5,W5HPKY)%XF,X*F.@0AL(-@1PC10 M]Y^&Y!-8!6O;(^\_)>2[#?F(!?MM +>AYF6E A[O"HCFC\ 0LQLD?<#$2 K MHR"Z\!0SGP")5U7CP_$?UHEWYE&]KQ@JUS^&'3OZP>U0[8[9> MI\N,=5#@ULR \2VOL1/F!+/%@G?)039:KRH^S^8:;;\6-7FCQ4R(&P<,>N)! M=@C^&\R_+-8L:?6[7^%\+O9=,PDT>L[(J3F"P4:_B8Z;M-*C49KH7([>Q4#2 M@8EN5V3]0[F3_XJ1$!K"Q\/*'TQKZ]64 M+#?+UOMMKRTJ@)H@WVN&**S70C*OL[L\NT7:LXTD99&(#&#VHCNKT3ZRQR%_ M^#QTR($#9ZX5X\0O""@!#+]9P9)$ MH2,OS0*UL/JE$B\[RJ!,OY'?GYU=BB^>3BM;FR5GIJ0#L3)%'$[$6+A84G(J M_7$'5).$A*L4J8VS@V+U A9&@%HL5JG#UP/4D1+"C-S&T1/8L82+KF6^4SKFT..7$I0!Y&C1Q*? MQ" 5;EW5GN?T)4 M4(AE+I=P%A 3A2S0^$&_./"+9V<<]?BJ-*L>XT7H=3HBAPC MHG*^/>4GR$#>GZ530]L+CII:O+^")_*F=UV@#[ MK?7NGCQ]>1%#]E[;]Y@XQVX="E2Y3P5RH6$GB6P*@*7\D@R W"?Z:P%_ ]// MD: YX JE58>8 5$+$#!XC"3LV(HYY'*G=*];V%E1(D@0_RL3;J)+<=FT;,I< M)[^DF$J150P02>Y'OKZ3K,I*O1@/*=M!V'W8L*XR4GFC?^EMB=XR8"$HN@(% MRZ'9A$(#',A4DWCQI_=OA;5Z@X9WH[*"1I$5J+/EE!H#OS>M;WJ0I"6(S1JP MB*:'.0*CT$$3'.#>:0\W)[Q3TR0OHZ=I:US)P:Y]3X0@A=FQQ>PZ%9R>3Z;. M?S2?]G5-E&F:$\&C/%\8?DD\8W ZG[)UC!VI+E9R28%XWQTGB(0Q9>L,O4DH M:5\--3CTGQ8VS\S0&R'9!*/?E>2L(D:/IS;'2;",NIA3!H6D3%3NMFJ M0G;(7@QS_&X.T8MY.@M$+[O2\"@LW*36Q*<1H2Y\U<:&JB+\;4N2P18#&3C9 MB9@>LDN/YTAX./ IEQSVZ,M M+E4X609%PH6%.D@X(">[<#9:FQ[37X&M5R#@.0&]99NJ.6K.C'VG"BPHX1(Q M."A$#C<2SQ[S+#$9"E8J?M$<%(B.,@Z'X' Z=+YT]8\\:),5D1UB'LA$U[LU MOQW[07 U<%\=LBWMD,$: *RZ!'XD1F]\O@"]"5ULZJ%P?!Z=]S0-P"%76V$E M@?3(]C@KT=/K5+.R:3ZGM!WT*%'9@FJQ[9 M$UE"K%7$7'VZ:0$:(89M)=H(0Q]*),/$,[-45"FF#Y9TA>?MB)>@7BL&(<=& M!S2M6#>F[(NDL8'',:1LP?+<7T#2!*R7E,@01U MKC(,,5C#Z!MLT03,X0D/0J6L@M MY^X"QB.!OO.C$KDCP@48Q_96 @O9">%+?#@@>6C%:8ADPC2K4!DTCQ84%+I& M%"@? SB2O.]64[#2ND!/5[KD:,3M=I4N0WZ#3]RA6%)UPI_W(M>.TBRT*!#< M'J22*$>NX7J=K+)?TM7C":I>)\">8RE'@G'7Z>(^QXI$:'>GN HGI?K1D*O3 M):[$D[S;P,?IMX14&%)97J>+9(?DL.VJ/)%Q0F1F41/<#A7Y8A(9"@ 3!<1K MG&'*^R!%S,1=MUP?. "+E+I9S0_M!=;$O^Z6=YPL:8Q56:BNA32:S@5-Q95R M4\1"#"J1"BW;*CB[FMB!?L^;%=JS*N';5-"L\B>8Z+51E*$S6X/\N8I;\!AT M["Q]H(AI-*"(EX-$P3O8,X8I^F V'?F(&%/$#C;_M2SF6'PR$A6[,LC+VJUP M^$56+G9K5%X6K,VKBUHQ+L#A#%EEBD'LB,(1HS!;#RC>]U9F=5@9XE[M_JRP MD"OH=W[Q1*%D?RP>5PX"- N'_&&VA$[NY@20:42ARR.F.\%7N1&N24&@P7J: MUY56B?-D]T6Q5 4J>*ZV85PQB/RK(D='0!N4.DF*NP@!5S)GU29#>IG;RXPD M.'1)@6]:9T%RZ%4&;SRD+;<2T",0C=>5W&B*2TNYRHD\@WX=T8M\JAG! #\E M0[)^7'>7ME$$V&TEI3MW.?,A>:#)BE"DY,V(*8>]>Y(18*&OP0]D=J#;CY=W M!7>*2R'<8=&E+8=;-^&F:U/*[JZQ:G9"ZAOWA(&V(BFVHA(^F)SI ZH[YR)1 M770Y3PS_#/-C_@G*.SZWUE[LB!A!%3Q 7+[B.[.4T52T<09D5_2O?3VQ014I M;<5R-&S,R=0R5QN ,V?F$XK=G$<+EQT)73AN7&),_@H M[C!MK'X3[^C)"\/;^A6*ZTF M%S?52=:FG810#[)O)0\M\K9/LCJ$GBFNB^GCMD D!9"^XICXZ8^82H3\KTT8 MQX6@(]FYQV2CH3+8456AA_Z&MLSDPV"2%6(E?V4PS+JU,(<:VRJ#0NQ_I&[?L#CYG$<2*!2T6 MAF*=+22^LD*'R:U51QB4:9D^P5V[CB30VK E;XM#1]E0JCI211MP8)7V_EGL8, M5F7?PK.WV8[36IK@$DUZI*S#AM"S)XODN!9?>VI;A2P\#)-9["O)ER\[7J4W M?1$EB:^MT$;'B9D:4;=))&LI1>."1*_L$R(<6:DCOX""%N53( 0V$[T68X=, MC!7M!@G_>(_#TF^9BX40=L@DF=UZ2NVE&CG"!X%=HO7+U:V.VCT).*O*A(O E+Z^]FF1TTK%&2=U3AT=;@4'Q-1Z]N#A__^(8 M;7(^'@ U.@'"NF4Q3];"=/-3YC$NX/R])H4'P>LTD\U!(MB@2Y\GMB%(9]?G MT1RKA]0<0:)%.+N%7!*,4EARV3(. T-9&E6>$O&1 JD?C:#OT''#E6A0O?H9 M1)T'C/Q$%;Q9(EK*= (OS^&35!G8R&>41 )%<\2(#QS_2'N9# MAQ"AMH04?A]Q<6.J\!#1P'-S1FO*%9?+37G]R*4T)BSA@LM.A.6)C%%T*\D4 M#QIF0,Y!C!(DBDW1)J^BH_>X:2D3>$PIYY*^[X+AX&%?^@^?N)(=?'Z"I4ZC M)Q$W>AD-X]/3*?P\@E]&F&#\,II.H^=51SS*T3P>S?%/KL^) M8'U)'PYY!HVN-1]>[+8GQ>V)R!IV<,-'^$S(1X;E#Y=Z/)675@G/<-[DH852D L5>#'&$= T(5 M$L6MM,X+G83G;E8HX@1KC*GX";W4(U8KM=0WA=^GF$,57M-6OA Z>)RYEW(V M]P5OZED*_"3.4L5C>UOBT&Y3E^[=[71%'LV25?83;K7%X%Y.G/1BHHD$W..L MF>PK3=$F.A:"2R4%5/C];H=Y\U9H(IQUHVS.4GS!T% M-0VLZ+[\#!/@^V>N,B'F*W!-?5J>Q*[Z>$QKEVR6DF58YR#'),O@T;:>*N&K M:#((ZA\$5Z$]?%.QJ86=39J\O('P:+HP][CZS9 ]P.>F8K\'A4,,CJ0TU_=@ MK]:+(PPX+W*]@'NK:<21)+,WDK9]$CS9S)?NSUIZ)-)[%_!XS6SW3.+F$..N MV-"WK">W4@BF31 I6%"C@/=M6BN"AYOB4@HT35=*+7R?4C48246_N/1US&Y6 MV9U4'"R,%?N),5M+:81KXXKSL+H4_<@X'AQ'WQ4\\AH_O!?$DQES+(5<,KX] M:$&S8[6K>M,K20,[JNV$$@8M0^J.D=3U(JB_)*AE8]NL=A4S=[,: M''(9% )'SX>KNWI$G(L"[3$/%I9!A3PEUE.OBOH+;+>&("%-=A+:!%M@LN5F M<7Q8(#M5C6AWM^'WEQ(0P4-"K'$*).PA9UU%_YKDG"] 9B#)U!.*);5GDV@--(Y$HCHDUN0>*RCT21A>P=! :7&[7B,P"]=,O':" MH:ELKCR(9LC7[L/UI(MY]D?1A0F]M"^FQ'V #!ZPB8>I'[>7X/H_;C] :.W M)=:UY*X1W56ZH%9QWW+T64GF!;XSB'FL*7KC9\TDZ.2<-O=I:'NM>4M)XEK9 M6C:UO6#($*:\X>)A=98HU A\5M_3\LBZD4?T<]V0GV'+W9;6TO!@7N?H,0A MT\62K*0F(]'7J$C"_%87%Q66K3AD&;;HV,7EI=8:"Y++U<*KLYNZ2SXAF?HF MG7"UQW-;DN.X32RMU(3=TAM$'2B@4Q?HE$M-_E="T8Q4$$.D&/;GI;Y&AR/$ MMTC[V"HM#E5O=DH[.Y/H[$YD1]TK1$L-GD7E*T1+'\[!W.C$%2WQP$>?Q8+# M<]ZS@=!FXY8%E_ICG#U;%ICU^@HU1%8ZO%_BW=GU:S4QGEU_H6].^I-.S>OH M<[')%FBZ/8[BR!=T]\\C3E*Z$1SN@QH?\^CM-T'+GZF7F%DMU=K"QX"2()"_ M.$$!B\K>[3*B65(K5X9DBFI:H&F.$WNEN5^947%+,X<+:93RB4OQMZ2KVUC- M3#"TJK;.+99L]X_+Z+%_:HX,=!'*UC5T,D2LV'0X%OUK?*RZ )G4X8Z>Y%T$1!9;$ MZ^WL;5,ASCBSVP-X5*N/.W1Z)">N&4?OJ2L/ZB'GBE*E&7?_3P/B>\(B1$"/ MA0[,!O-CH"NF0SNBQELI,Q:0<^E]86Y^#3EW\+N%%IFRYA[>_/(0^-K]YAYKJ5S-#69;EKI7R#G<>53I8(:*:JQ MP>3W%KSU:F[NFNTO.E??T7_=K'__FV74H%GGS9J=] ?1^2HIL]M'%7"P5Z)D M8A#RO-:D4;T]_8FY/801?+*5B"SAZYIS*GP#*7*-O0 D+ ]N:^OH<'V6"LPD]OFJNN M1'>C$<,G=V0@T]A<5S&?71,IRGL2T>5NMW@P2VHD1S7)JFR=P0&Z3%+B[K41 MV8PB ?&!VN]/YQ]U0^4Z;4.RJ**RWK"6*_4?>J?_?(])QZ8L@0DK9IMJ$/5. MKK#%"OMU:.*Y()Q#-Z"5-^)TI^O:P+ J;@UBCHRC/9B@?>2:S5Q2*K[6O'86 M!QKK,)9DO)=D\ *P #GLV()3%[^ R97/>F9!K4=F)2HX[J>08!/;8E8$@7X7JX!(A<;X# M9%A3^V@FDM/^]#C:3RA\D4N;D">].2DR,Y(.\RYS1E.T"5W7/%Z!EY R,7WE MMH5;#BG@:BD46DU1>Y6SPB$>.,>73[J3M>G),.3I0XF.=BWF;EU2QJFM,. *1".W>$?*<%,B+"8E=<&!^6D8 MOW%?^T7[K'B2M:2^(9]K=ADWOG^P49D)]C6WJGZM>D=E^2>^J<+'K?XE??A: M)1AK !$#&5%[= MQ):#RD0 %BQ97G^)MA0QX3><]'NS';LN_,I^;X#S^8))VCZ]W-ED6OX>0$=)>N M6[7F(BWW 7C83!U.;NLMN:6WH)XIHK5Z=%*>(US.2UJWQLDMJ)<7]B'M]6-U MA32\>*36"K9BZ7IM\I)L:HE&?_]BNWT".ZYA!)>!4; &BC=UG:V"6BJM%NY0 MCML#SZ=%*FNB#2.<*\:"=#9\Y4D)K!>]]01)\I-1&-R@6V2K51R4]]8D MM-7:.(.GN)C$U 9_NF:_U]L1%&W*==+@&%-(\'AZKIY=3X'=;59:U MOIKZ!\TE".A*O/?H8<42^XCC4&2@TWX+K5N&6SO*>K 5F+#2WB@KJN9?'?N; MI)*'(E3EGGECLA(O3C*F$3,T.2#\E"^,8.%A;0WP MEKIN.1K3(B,GJO#X2Y^I)@(EKQMWAJK>L;.F2R>%$L.XPR%K9+:3-($Q>W) M3LNV2 1IV#5<:F3"AFV$;.)6$:3A#X8:8,T%9U;>Y _D(X1B3_&\-J ? ZL] MX !.X B*L*@>B(1774&.Z-RVX[X*O$>0^E-8 0#,0H8T%6*B0D98< MSSJ@K&85Z"@4,J@E!GQ/<[SWKG^$U-LWN3N2\;-5HY[>(R%F *L-=D1HNDN9*A:"L<^D[H=Y M0>?/UZE>:2%-C B [P!29W?BJ/>:#+QRY0P5.@='(\E+GU+-D'=XZ-#>*V;4 M JU.UD@OIA*[JJF*,B8=$*G(=JM:ECC%C )R6)96 \_&[8LB![A($4 YT_)< M;8JAU#[!C2%MYUK>.:=5"'JW=")M IVQP:D]_W&B2S?> M?K/_NH3_\9=06A4]=0\GOO,JQ:FB8_ =65SE MY@U'U@&.]6_@8JAL&]3[]KXT:W3/ES[Q5V$4)L$[7Z3179W0'(M-B#*52B/B M)R[MJ#O*1)B@*TE52:)ZL!\IP5DX99K;7U$-@$>78)Q^PR7LLNI>BH)7Z$!S M&9&E^!*Z30:)6&%2+VLV=5=RZ>;1=4C -ZZWZ28:\I4G M]JK/XQJ&&E:_ MY4 -?\;87Q#=>YARPJY8:UUWVK''LIH!L&V+&*\D63[F:,D37XN),'#$FWOG M](;PN<:"4<'V!>>Z"IY)829RA :ON[(F/@XC[R#M_S@"??H]P1)RSSADIG'5 M I6<@ELHB:L+#:U=@FKL5B['HY)%UT(K_C$^@;V7&8#%5U;*LIQ(BC+IT5P0 MR=V&-ZEUAF%:59'?UIUOQ@CDW%=D]4>+8")-6S MSK^I\3:N&PIPA-W*""0< M^K-K>X9E/!^A,N9._F3I1A M8%3LVGJU=D75>A1[>JC:/IF<3&?[7).=JY[A.>P-9XU/G?<-WSQ'L3EZ[3^4!0>]$X\6 !YE1+$N M+GB$\CA]OMIO#RD#E6;WU%;8<">29DO5;J &L-\/=0R,0J OT!LDU7.J>Y=] M"_Q[1Q$#)=\SY"^TS5IYD<2TP19-HGD#2=PQAVOO%*>XVI:UTIX7(ZL>*34B M54U$8KH,_,U\P3[K!(WX\JFIEBC25W!$)M4TZ)[!$_0B3E^AD"U6V KBEU0B M54__(%S >CG#40^[/-I6S;[+'17PDJI8,MNGOUR_]4)76YIO.ZFQ@+=T;9<+ M:)L$CC0-N1$QEW&\)2K30(:N]1-[=M4F0GFXZ\@8]3"'EUII1YKWW[TS\>/4 M'M[ETMVB>;WI6K^$NV$*-W6TRPXZ6K])MM0QZU=WT#8O7>]N:E?)KK>M1;-- ME'5YLA>FUQ*;6=&%L=+8CB;H:Y&4HK"7J6]C(FV86=>'SVL TZJ2&6&/AHO[ M\LIG!'P#N>A=L(C.!;QBPXHOFW9NN"R<3#^>3^=2:JU[%R_=DR:S]'.](*'N M\;/Y?6^_&!-@+X8PBKII#6VV:(+5ADUO;5_CN2["BC97!I@KB<;UX->;--AR ML_R(#&8;-IL>%PF);69N#E31\Z\%Y<(@[&VK MM9\T%-8FZE6D M:W*%@@.HY$^.W+&&KB4SL0RCT^M-0VZ2$CL7^%@G^DNC6&PC$-,"G1B\[7E5 MZT(4\BW\DJV9 (O<$LQ'W54+;WL. MIV^A0H;^=+!%9+;)2GO1RW<'@H>;BGB$"3>?E:VX6'61$F9)C7;"L?-F:5T, M=:,1)G.G7++/K$@2O]EEJZ6[3[?9-\[.)>YN_,&QMVWR%OHN!4/!+2N0JP&D[F-!\>I0;Z'X4S8 MG'#55D\I:%#.6!95K/4-MD4->U20=?QW;+0>BES@1 MNRE>&V&&87#F8+#ER?Y$DWU D,SZ\>EP$+U6+(V[430:G?;CR7CHQ^O"U,%@ M"/-/9;L='2_B,+(]FLS&\6AX:GUFI%S.XLDLJ"A2?Q%4B'E_'EVB^S-;:DBN MQ%*2$JS+BD=P6EQ./IJ+4! MX C.('#%\'(:K2GX, ?]>#@?"M#V']T45([AO!\D4IRID!4\^1%8TEURE\I& MM9SL<'8:]T=#_S4F@))H=XQ^Y'6V6_.BCH;Q;#B.C@$6?_\[* TY2F$+CA4> M]&=Q?SPS7^D@^BZ6.>[&EH .X0OS>#*8[COJ47PZ&*B,[G=C:PJ[XY_%H \X MK* B1].XWQ^$)^4CGT_C&1SCYZ#J[B">3N$%*>7GH2>']#3XQW 31Z<3JG;6 M(O()X2$\!U(2S^<3UFO>5[]M[>,YR< MHAU+UI,3DQ%0!75W0QN8H#] OG=8=%IDZPQZ+V)<980B+..=\3C.7U)T" M:'[X.'2J8Y"TK5UPB42?I!99W? 5EQ6I7;1C!LC R8R+!ZQNI M?UFO7T<-6:A^71:$'K'L44<7KM.8WA5;3I5"D3Z]3U:W=1T%*=&&>";*?JQC M9[ ^6B1&)U/@?U$S475,ZHRD[$N2H[8FB0!29#IP0-4J%T<#J=*9DF$"7@3F M,0#XJ!'\B]J^]IK-[7)=F@':EZRWPHY(MJ]&(X(&D7$X76ELDK4D@ N""D.U@9N9= MZE4[&M$YK;Q@J0;>%J'[RX;+G9"@[0,2]:FXAC&D?C!6^8-UMBJQ.=< +F83 MKW:_G/0&CEA]33SKS138?"0$= N)<#8P'-3#<"(D!BUU+ "62^BUCW/*>A1)Y=[J)D6"M$ M21[>>BBPZLAC= > C:#/*25@]5J1E?,:6#Y;$1H.8J&&W>?,++OV6XW[E[Q MYE(EDC,KD;1ID%ZKQSU0;GR?LN!OLTBOKK?*\+&BE/=4T)'8S( 2N0$%) M ^6U*46EXS,?^9FW],Q^M;<&A*L]:B!N\!4KI"]!W1J/ M1X=II,C)1@.1QFM*%>@XH#F&D7%ZK%@9XV2S2A::D1>-034816?4(DBL9(%* M"VK.:S+M!%]:S#@"]7(T=GU=&J9C5'!&H.*=]KN4,BT8K8;X#L79NSJ<[Y6R M-A5ENUY[J=-_1Q^;X -^BR5 Q(T.2LS>2!)]$PC=7HX#);2FVHAS22 M1KLZFRNUU5+MI.(J79HY66OU*H-69 G.'X/=RNO/1.Q?0>JK8J7=DH3^J.42 MKL([..7HSW!&,/H6S6F7:9Y7CZL'(/ )'YF&QBI9X @JQ\-?#D:]ON,@_,:= M-(%^V>^-39,7EY$@%5!X"=2Z&"G&TIYH&*$5X(CK!4-9!&1-%R2T(Q'W47= M@>.3S//TVY9+%;OZ[UQ35:0X. 7.!6BW?G[F9CK"!)B5I3:Y@'OAR$IJC7VE M'KVT')60&\TB<%D;:9Z0P*<S MXDJH+O-A 7/LE4H%!:E;ICZH>1^^I]9EP"#'HW@T[4?_[^'_T5)?=TH;G6;P4-C00_O* MJ8\$>7(XA@W!.FL@.-\JO#+HDTVA=!4()"; T:7G#Z^5#C!B!JY75EC^U+I! MUX6UW3^QXDAT\GKM,*Q4)!:B7I5F[=S76854KSS5T$N+-G0%]/, MKX3=4^#QWYP3*"CDD-*V^%%Z#+5(F/+? ()+N.O#06_^0S28]Z8_Z%?T1O4J M^IQ^@QG_)Y#4WOB'9R'R_XQ^2HN[,MG<4YV[9V]4VW/4H,C];5C.ZQKS /PB M P4[F22N.ETV-*ESJJH=O2XPP1,%XOH#;S#YZXVO\=*M0C6&BN23=VK2O]!: M8JQ$CVK]DM2FQ+%%<=T"RP7 O8. XZ%J<[P03OA&+CDQ/)OU!4!MPW@'.3%"NU5@^Y:2JE2@ M-B7FI'7RC?FK7PZ)M^_(^^R_*?_,9B.?AS,9K76@"!YC*;C'T=PX?T7W-SWY70P-;+2X8,- M)W-CSSBN1=YJT%,=P)VDHDU]J)6V,<>'@QC@9T86P-Y1!:7&I*N,-5UUH?@A[5OFVF]PI?/;UFW"\=L!45&XY6*K-!99+6]3[>,X M,9&$S#2IL;QMFE@ #>*:?7X R0A@\8%",PWNNQY\:OII:?"**]I6*.9'X$K6_(71?ELG7:L]AD^9"=TBR8DG(EG"H5(0B_(T[=56+,KM)I>&K M=)4".1[(*_81ZPV9Y6/-:^V"\>']ZXNK/6\/].TAO2VEP*;QHX3-S=HHGHOGL*PI6&,"T+F]ALBX9+/!(?&GJT=% M($XX04V\(E@QFP4P#?7.>PM&4"5/KH1A:3+JFMW>T.J\+YS)22M:F6 M=QF(ZM<8_,"F],6Q*$O!(; ZBI4EV1SN]J?=3^K##O \:H.4Z2U'CC,$::WL(ABI>L)-UE)&;(+:CD?&($,,>!&:@.I?5VG72[9[O:RV M'@#YC-JH)8EB5!B![C8HQBWOA3<;7ZF'X-G*Y_XIU\FY<3%#SX309U+1L'#ZZ#AG91 MSG6:;GTM5)=CN2@>V%!0[T6$0@[9$)AX-=\DX:22=+*D\CH4U\/P15JI6 5^ MI VZ<$XOWU3'-K:X9>K$V=?0B$\-CO830]DT=;/-N1Q-%K;.:]E_]SEBE4?* MO60_E78(]WV6GQ#+$FI)97LM$MA!O<$>@ M00AMT>;MWB5XM5Q@?4*DBD0L[4UHKHY$!F/N)_-V<1MW/$XA R!_8D $)[T[ M.JPY*BYFP,=!.BQ\WXYR;1MR23( :AV'^6X8T/:B.!D0>2O.[#;B.HQX>H MN"V ORE*(_W!0"9C&>=DPR]&'-9V" M4CW-6^JE;T,] @3::F[TJC0J"Z@?_Q/Y\2\9HPY[JBL(X!GJPKZ$RK=^CY?> M['QA,('8I<2HH;_GK5.:7#.R*XZUL7^I/?_26;5K2VTN\Z-*YS6/6=V!EN68 M,?,*?\F18HTY8F$TFJ,?ZS2>S^9HUOF!8OO>D2)YG6YZ[![[7/R"Q6&S:(#O MG$Z&^&,\'\$;8_O&Q6(K;[Q#5IJ^@EN-1"@ZFAS#NW/*6YC'L]$0F-?,O@D; MZ[%?[A*5 NI2F,EKTWAP.L5_^WM>N\9(16" \LYH'H_&I]%H%L^F\^ZW_ER4 MJR5Y)/BU";R%_PZG?7CIU+X$6H_L[M+-U MB@%A..D@'@U'^&, )T$ZMUEFDLO>+EZ_C]Z\_PN\,([G_1G\.QN-^<3JCU[] M^2U(0M$HFDX!7I-H.HEGDQ':^UI.%Y]/OR5K M<4_IK$DQ'N?M[^\$=LN (H ME(-B.XB&<##H@IT!QIUV'TP(,H'V.![.1OAO'X^T_T,-ZP;1A]TWN![%KH0[ M^N:U^=-CQ7@R1:R8SW![ ?)RF5+$=KCLGZC UZ9ZE7T_M-/<)>!%I3+1!%L M/(O[@(_C*07]U/:A)]B7<*6W7ZY 14"G-_.K(5P@&.!T A@Z'L;3>=U?]RKZ MN'B#ENHEZ F#Z!10^11NZK@W:(/Q+/ISMO@%*)"&=477.ZKWA* #D,?C$?T+ MZQV%"Y72K//H+:ALCU0KD7]EYRB"_/1T@O^.IC![OV63 _2-)VN8Z\_DQ!M$ MLWA\.L)_^Y/ZBN42P3O=*^8E]^$&PK\T[;!]B$\%J2MY=$79Z$ A)A.D$V- MK'%XMD+*]L_+$X\ ,^#?,:Y]9,?X5#S(&)PH'"S]FH\;& MWZ4W@MGG)=;4.R>B/T"W5'^$P0APX6;UK?J7SAY ?\,Y3F.L]PH_1C/ X_#* M?<3N/?0X*#)+TFC^*5EO?HQ>9]@ [A$1*1Z/\=_1J ]O3UK1'UA2A@H:RN6% M9UD9AM7CE3_M]^'?.:!4UPCGR0:(<4;\8DJY=LR-BWT)RYR#B-?'W^ "4[@<+OB0"+E]F1*;0\Y]I?Q-JD6:)GF+U\E;!7IT(5#:"Y_* M*DZR8[^J.&#)H](C?#[PC9K+)FGXQ!V6V!4!6G]*O[KO;+)$15Z2FAVU+=6H MPRY6SSUUEEKN1G\@[4YS+3 "R M=^V_36SNJXXH5=]FYJGHU.&04J")"@] ,QH,!Q*<"AK8<"#!J:,^_ 'B'A&T M,8K&8XY-U=MO8E/=1T2P7CIZ\X^(1C6NC XX.\1V74H;[AJU.FJ,_PE&QZQ: M/3C>@;7/W=3A.SHDIZ+#H]3M3R%[>9H>D'N>>6-R2[O#D8\ M8(XP\T.C/8(B22X*[&^[0MJN+#AR-CSC>Y*X,D-.]VDPY& M;2O5;F]APUN"-4604&ZS#+BT)15"+ZNKT>Z\Z&P'WV'$?'&#*,Q=&VB+)PSO M+-_L0H=MR&V ?ZHC3^M@/Q189F E_0_P8%W97&8ZE617T.WB;CTT2Y ?H"E2 MPF(-)KR*/M"U]%D7?PPP@E+ F3W33MB?R%6H%B9?JY;O1Y,S?]?JMU(@7!WT M&J HWG7,;MV*QZPN!O */55\SQLT15W_5ENSI,A(&5[=H,N<3%&(+MD'! M0EC<@/(K0-0!>V][ M3"](V."[[%R: +/6510[7%=;-]MF)TW%LQ"Z6G^\8]<<3LOS;Q]#3YAVQ.&X M3K]\6X^%@JG$*2F1*UJC"]:IL>EREK$T7]R *$F1STP:6C%(4ZQ\QJ4[B=4C M'XU."UN47WO1SP"5A[JSVC5.Q^FTF3$*)D$_$M_10TY:2XG!ME.JDWCO>+(- M4S:!G8[^KI._%J4$@C./)(Q2AL '@5 UO([..22>PZ>Q31BTO[=A ;!ZNV1, M;K)S[I#+_3UUA$]YI4H5JHUP92\NF:YS5J!1),NJT3QIE?V2KK+[HEB*0HSA M8O4*!L1M*9)[1W8Q+D_U*X3->\G(K2K1O/PM\![DL*'57MC)-2NXB;AYJ+BM MG5SDDT!QH5TXL?^D* MMVW9U6U<01CZ9$R4(JM+>A%!]8;6=N#F4>&,=0B$. M]0SHP[#45QQQ:S?SF1[='.3>J#RB8JT59 ',R>J1.@^KBM64=;6JB)]-Q5-] M^1\CC?K8O'^8/!K45'X2K3##J]R(%.5J--LBA+6FPB%N^19W>9';-I1E5OWB M*JTD>6T"H:#D[[\9CKD MYB.K"GOBZ"17GZ"8I]OCCF[WO-S2+?>)Y,,V>N8,,4N?6_%,8:*HPEN%3*61 M_BO*QJ53-LY8V?@HRH:*[M>&&G&7EPN/TZ(/* VPSP9B<_#<2"PI-8"<<_B+ M&C(IFEW*\J'UGMUN;[]<'9O:V51=KC\=M'WTKAYT"FCQ-2F7!PR*7L?3ED_> M-^/MGQ[L:#"*)_UYU/7I)39($;V@>YQ1?QB\CW]?7 ;5TD>U*>QD?7(Q'@>_ M-['O^XY@.(@'L].VCW[%$4SCT]-YRR??>023>#R9-8Y /SWL" +AJ/&W\\X MA%$\=H>@OS%FCH1KS#0' MXG-=5.!P>72_*Y>KM/H-^9P8<)J*MA%"E;T[-OCX'6(. M9#NZ;Y4$>@%MEF MM%^V.3,-33LI=*WM(7<>Q9H?J62$^DP7XAF]Z-SK*#CJ]G&3&A,3JD:V=CJP MG' &ZA4E=F#-(?T<5CMH=#%4DD]]NYX6ZYY;/U.A^2%-KAMM:5Y_XT[_>BS6I=:907Z(>.U0-CMU5+$:T<1J3]UC5Y$&.G] M0PTX/B_#0RB17-U-8.(6M9'Z5[=;4BCQ1AP]VGBH2=2([%2%4NYW@FEY?O:%^ZO$S4#2]8IU34IO3-AF7[#),64.QBO=V+:,K;%SC'X97.!19XFKV*V M!L7M)]U>+!;%.\W7;N$-NC7R*5$S;7[K:Z:!VR4=$Y8O\?V[V=FJ[V M 9YGM^YI!?0_,2:E]:7 MA:E;;NY HX 3DP)>;,V3ENU2J4HM1MJD]'-CV.J^*+(^GU;B?-8E=FPY/92ZF*;3WU-+C%UU./O6_+$E A7]VD:%*K* M2KNQG/(PZKMO25ISY1$Z8.%T4#QRUS&KH7@^M"/CJ0"7 =.-B)_>Y]B93%T9AJ/YJ?TVS >S\<4 M1(.1Q_U&"B&^.3V=Q\-^[;?!-)X.QN:WEA0.#&(9=N)$CQ:%T:"DW[K4"VR>I??]:<#J M#61.=9-V$4!3+K!!@UU*J "@,PD/B3]5]I2Z#Z&R*IF8EZ 5*IPH9:Q MF'[=S5)83V41=[\12 ,=*<@'5=DZ()7Y"NVY'WWM\@LZ6ER$%2M0*]T%WJ5V MCM9M#Q"#SH+^%9-,C'>H*&U_E/ E,YT:.RHN 819XEP)H*2J2V4@T0>#L"F[ MYBS+7+ E)HX"N]24?C%LV71SN,(J0ID: JZ^COA3_)M!Y UIM4&0F%:I# 8P MG;RV][4B[C*I*X=-U(=*>V\$/UP\'Q6H-):@^JNWNUQ;]*CIKN86QM57[$EX MZK EZ7N;AHLN\8KQ-7(U&Y1,V%H1=JW9MG5M3/*^]*Y[T9+K.Q^]^'+]YH5D MDYKB' YK400E"=,04Z3GZ,?!R@GH#R4M ;"BT@YK',3;=*@V 2BU \1HD$&0-H/)G?+*F (DQ M'71ADT<^C'**O[2.6%_8OA$QO09+X1^- MX^%TZ&KB@WH9#_JD<,:G\_ L\:[\NO.$+1]XGJ-X1"HKMA.;_S8H,HAGPU.L MMHR=Z&K^KP->GTPC;&00O'D@)HRGT>CTU^&E:N/C6;O?^-"U8%HK9EW^:OS! MJM6GB#]#RO+R^#.*I[,).9"'DUDW.4Q$TY0/3,]0_V87( H3KD?KU((;/W*6^AY^!'H<#$I9IK:S1""8(XM+Y;9]^ T'C6DRPTS<#Z!)?_@HZC MG='4>$?X,FSJRG()6OE Y"1Y>8I+H\-E,WO51#(+*GP\[0B$$_GI%IK\WZ)E^V.=*&\WC6 M[W>Z^V&NX;C+J"=?FJ@J%VM,'58L>AF9LU80">4N2D/ ?N&'Z$4L]V>J/2+& M;XMFN;2P[%"@$9H,-JXG%0CI>&/NRF1M)6T=W69=4O*/-#PC+=MDK(F2H^UR M119OT>AX!6&AMD#GQ?#\;)DE7&B>6FAL]^RM)I]2R;@&:)+0BH0K:+%H84%9 MIWNTM \QN9"U?$J6O!=<.19VEQW,K@7#_-B6^O4Z^6?DPA$K42=-ZIR :YOXI"[;59 MY(2LIYK,@]95%-BDY*:D-F92#)SK2'<<$HRE9;<&?6,HYJ+=6,Q[.C2YSW7' M&@U82 MW'Q*$=;'D6!)R6(IT&+AO.5S>"Y&KE8NP)LL!>R0[ZB=VE47LU1+N MK^FL/K? SAE$Z":P";NMJ&S"A EH(Q9)]/E#[EEI8JM5.YD"-0A;./1:NV*1 M,LZ<>)55]ZR.NZ6%(,6:TD! 5H],:%L6VVN5YD))W5OFI9 DP+!8/8C-AVUF MB*Q:"OB$S2'"2J6%N-&'']D_+)2L%D +T/B%G7O?TB6/Y#-K-6MVA64T-,G' MIWAJ]58W=L.O335;R1S&R_M5X?.,J3XZPO*!-KP@T8MOZ7[XVG+BSMSZZGG* ML^\"9D613[I]D38.>VI_9:]N!76(H::@-<0SK'+"?XSCP72?"@&:VQC+(X&" M0+]BC2J-@1VA;G"*12%&I_)'?Q*/9F.ZKKXLM#%=UX*<0B/*LL/8D$L0'"5Q MWCZVWP%J*UZ4TN+*%DA@.Q)>T#*]1X9'*R'^E\+R:N9/L7Q7;A37"4TJV7+U=@,!PDQ-N&$J M[N-=5JE-%:A;=<.;C_)13XH4M!Z*CSXC@:=AV+*K$CB+;,_]=5=,0>H;.RP$ MS?6Q:;3UY,.49F6WT%T(,G3ON MV2AC^F %AZ8I5Q9[6GF-(?^.H"*G6B=+%Q#A->&V$S5@IK(%@Z$"NN9&=2E0 M+EW->T-?3GIS+[*TK9X8Q@%WJ K"A%KVW#2H2BNV4"-6TF#\#K:R,3FVR<]2 M$AI8="SJ/H NBM)"0 X/F@P:4S6Z=/J':W39MV(ZC8:=2X MX1RR36WLZ=?3>#+%RC#-5=3._'DK(1(I'UGD5H3O7-AX-I2P\G@X.0T61N?L M+IR%DN\DU9&,==1"Z^)&I#%AU#HCO:*=;K,IIM9M3P 4DAML3@+W$;="\3Y' M(S2EL8'O7&5?EF8O?:/N-P%6HN'!=]LE7W;:"'YC7^URGX.V5K*C\.4TNM1; MWT1-"A%3C+;IL$5:^*[T RD%E .6W$%LT:[?GJGP.,K02;-.:H69#H Z5 MJPQK+G),KJ^S[WW-#2!@"7)?CY]=\!>M^FW(9)U/5Y)9VY8OM9*Q+P<_E>49 MA9QB^2NQ%Z"-@N5LWSE UMC55)1+J31/\X:U %O:*-#I_X-5],"HLOS'&%6V M][OJ2,"A3U9CND=X&M[V(#L@Q&<71X-P=N M'=BZ#9ZC.M3%U"!<]-E<]0A51ZSS3SFX+$(>U^MMR8#XMM8L"[-7_UUE;I5H M>>.&E:,"7JL8=R S=_H.E?DRX&ZULRUSL2#TV93P)= #'R7'RXNQ5V@2K7]4_RE[;A7 MHFQJFEW=)/DO6D].^QVC6\L8&>J4XF9O^LQ$_%2T#Y*\.?Q0$?Q)_(JP6-)* M(OHR%KNVXOBRA!91XJF3D3L"*IWL M\@+$S!P+O+$6GPD]:[562OP[S8ATUK:2P.W&1E5']NW8W$0-F62+-$S=Y"?Q M!3&RI+]$ZIM^8[P+W._S "FMW:8:\5J>W42FQ2[582X]4Y@<0CF#<%/O@@^< M,O]I2"="QP'@_W;:&5.B4> AQUAA3-GQ=VM#=I&*[+L@SE/17&_\[.ZB1.:\ MI]Q3G6A:H\"3R=#8%+2SB4OK#86U9@_4H^CE<#@PV0/[NICX,7K]/G6%'?2& M=.G:VYL0$6E*BV'GUB-L"SG3GB<% MH41JKZD&,]6F>7DZ-(P-/K@LT%EXC/)'+WYZ??GB6*C-T7,A.9F;;9BU M2FO;P7!J>"T\]'97%C#GVR]7SYBS#KO!N&M22?ZM1RZU2ZBPPEA8&E8[UVI# M=5*H@FPPU5[Z2*L(>G$92K+O?EE1X2GR;_W;5DMWGEUN&V,O6LWCK""J6AS; MPF:U[(^:&V^SLMI2!U&M/>,3N]G8K3O\UR0G?CO0/CS/YF_/N_P:\(+3X ;@ MF[06<[[OQK>V5,:I9K8W\Z^>ZE">K7RJ@^PRZ"RVJ#FX"<.7X].9V5/G^?!4 M+>$-5@=]$NEP?W)J@[$Y)&P\-1XV&D_]-J7N9/=)MI@HN)W(TWBG7=R"S-[&Q):,.#>, M\;CT#<+5G#%6S?H.@WKHIHD;=%BIMX"]#7Y:\J';1*1.:[5?UBZ%3VIOZ0') M5S,GU\4A1A);LL(X71!9?,XT>[B.&(S'SX!;)[_Y]?YR![]0EVL4EVIQ4CX1 M1^4[4_ZG]:!W!O=&)Q'%)P\H 3<>89LF_+4?3X?M!8C(BZZOC;#?T&0\Q%^P MV<_LH&!H;BJ%W1?T%_:^3RB@\#0^G<_E]WD\G8]@KQB^Y[#3@O!P1P+IDC4+ M^%,I3-=OXL#\B0#3\FJPF^^WY;M4NCJ8.,>G"78;A-(=T%/?LT2TTZ "_49: MVY_O,RK[F59->Z/&2-&MZG#,>#<( 0TS5X@B:PH*)EEEBQ8[B%0\<'L*2XNV MQ^\WZO!TAUNTYP,XU4\B+W#\MD@PISHSK[!:-E,"HQ]W\!<64 )6$IKOX0,O M< @#R$-4_WY/;B,^X!\3A=1./G\E['O_6FB\8ABKI^DX$/LM#6;#+DQU;0_ MWA,YA=V83JD3'OXVBR>S?B-7A2D\-E_"X.\)ILK,)HV\%'UJ0I$NV!)G.%$N M,,;\GF&_3YW1IAB7/IS,XMEH+MK""<:JG:BL6=&]@9>N#I)@:!,[A(+3!TDW8-5]M8D *XI^UX-S$E M""#A\]6@G:KMN1H0]W*7FC3]&PZ5U*\Q)M_;^LE6WE*_U,0A,5>RQT:3I3Q1_7+\UZZP>US?%*GKQTZ3TX865MTG)3/E<,F>L=D,#7E:\C'\ M7MY>8WVPB2NPV M*4(LO^-B&C C*N@/J#::X5K\7CSKI=@%J(P'1[4C,*AB&%5V5YF*HMQCI'T/ MV&6.2Z4A%K:"C<(RKM/-E@^(#W,:1^,AZ!.SN=^NEN7 07G;=I@8Q^4%8C>@ M\6# +W@@ 67$@E$["N!!$&L1BA1;Z3ZFO+2S*^T"A5\-L&7E=%8?"K]-(B!PAY($#'P)A=$I4PL\J>% LEPV \LUC9,#23X-HF$DFM2#K>Z2KF0)*_A>@/B50UN/G(K MN#]N%50A]O-[^9.RH1/N%88##:(3V-0)2/BF,+)3%2[*NR379HLY,\5J:\GYSB8 *WPSICN(N@KC95@^L, M- 9LD<".O80E:Y5")*V)@P1193GF[N9Z.($IJMWM;MID"K"XJ[ MI.(C2^&:'5N5K$S"M:E7F(EKN\+>*NX;$_C.E3HXBD4[[:'-I.U9K9124?5( MMM?Z$* _U4DI_Y X;Z5ZZPU,8WVO5-*C'XR-=2N^,75_1B;$0L,75)5%!BJQ#Q MPQ(L9=]G\?\AX8I[4E>9@E]1A,W3K^AT5=LA1[%20#/=GK1:)&)%B3TG0FY/ M38EH?"Y 1T),(>+$<-"?]+2Q(U5;VJUU7(>B;)^C3(X: W;R<$76*^KMPDWS M:I#QBJ"F5&C\&YGG,?SE3:$_5M*EM: M5%*_8NI/&0_G?>Y.J;\.^_[7@?]U*+]^]FTI1Z?Q8'CJ"DV,I_%X?AIRWYRD M;CXTET7 51P-"C 1''>;"I]5Y[O3(/B!JRWI#%?I'<8#%<"R/B9;JK'T7MKM M8+@!LC) YS*DM$V*Q)6,A:F"R+.P:([XLMQ>]S1^RLLC7C.IF MUVT"'4J6IH:M@VP(&$I-YO2;1V)'=^@KU%&3'5P:;8GE=0?M#!J'#0 E3 Q/,-;T0F): M7T7*)VF<'@H7[XI,1E+W'U.ELM3EEA')2_QY)TL6ASCP3YDY4PJNN^+\;0WN M7P)_?ER 3;$*V+2I1GQP[91G0IG *,M($>U M=973Y6C8 I%H/-9M-)[/XN%D&(IUK2A3?U--)7[.ZR D&0>1)9 >VV+&L@LC M/5:;6I3=%IQV\U'D[4<>3MT*\G<;DM8TZ__=9J2+FADV1+!._%%'\C*:S #, MHSFJ*)($>"(P.D>';O1:-H]<3Y]U$ $]I]J9WGKPQ9EO%O^9Y$J/S.247<*W MCHT>9J;!6XUUDDD3QGK)U-8ECK13">;.FFKXK4,>259\$32BD!F.8Y.M3&3& MWI^EO?!R8*_4G@ /6.7$[A;H"E:,H$S M^!J;3+$URO+HN /58M?IVYEPA3Y[G"<+ 377!O 5S!YR%[!PB"VUC93Y]AS\ M;E&EM3G4V)[4NS(RC8N[G$G/(E>^GP8!P&W$&/0" B^#Q]BUACL'DY)4&#<; M%PXQE8\DFY<^;@A:I:L +R6%*@!*C+0/\*E*6;>4Z@R^PM;%I>M.V3/B )(B M"08"H;N*3OL_Z!LB3" P%*6=):-.LSVH%_=9>@O$,UWLI!;V+?!9?A*-?M1B M/H["68D/$;H-GC5_#Q3]9 4P.T\V&0I^U]B61HIH?OAP'AWAPR_>L1'\#3P+ M/[C0?/GB.,+621S0@X\M^6L.1G,"[?O+"Y?>@1)+?EY2VI2K]NX5"_)'PIT4T4MJ3P8WVE6*P0;7%Z$4E\LO*E M66$1THM;JM6)-.'\/MF@<0ED6,S6+'>;[>)1B_T)']!X:G:>;#05Q_4#PD/@ M4HADJ5LPT1#Z*WF1BMVQ;E;U3%92B8]A/@G/@9C9M+$J,- G]A+7,O=EZ>=[5**2<\@3.X^;!D2M:>AQ%:4( M"IDOI :8DK%OFJOF5UQ^Z!;](WI(V$HYNRM*TBR %*LA/K3&7#DU'T6"-7I: M;GJJU!?*T:YK-Z'2^#41'QG"!4$HL6*W*4%GT/-,2_L'>';L M_,CD(W0GX,JTD$)N1I B(I(/(>Z6:%4DN;=;FE0&MJDQNT]I17P,@'C]WFS2 M&/8AR5;:3PG;3E@5GBD:Z2].?FCMM$,RC8;@71B1&0]_R)74? M _#I5FNZW&[/+;!.?E*IA#PJ? F66Q$N;7E@1XHYCTEV6$//#8D9H!V$27?% M[2L!7U4/'_!=UH_H6]?#BTXL@'+3"3BNQX'6D/,XVJQVE3$7-[%+?(X*P$R[@])P75",HQ55L;I/)94JQJ!= MDK "9S[E3[U[=\'+:%R=H!I4/5 INBO1>I)@2S()HN@)A60KV\#5;Z@\/OAD M,NS_Z0M8U] GX30D-G,@@4"C6G1DR OGL&*+&M)NX("TMD!K0^;_9SE)EH'GE337V@4;#&I/FEZ;!7XZJ , MS*(2D2G.I, L1^$G>FM>#L;&RM)#UFA")>ETFJL/8AJ]J5=-CMO"6QR9T,IJ M6$NGH+1DM9!R# 1U4KP1W+'K)%D/LNH.J0J,N70%,"?2=<;3CG@NJP071]WC M5C# "4IE4@<43U?L<,81R 4<3%-7;^-K,TXV#L^))*')ITQ0UQB)6[_O%I%1$B-_+'&:@\@_FG&D M7Y8)D/>^U$;0>@TOL:X,$)J*O+\4JBRFJ4Z PJQ$\ M#_@L$F(5B )C>W..NCSP&&A#KZ*C[!@N,UY-%6%?#N8FE]KS9"/CDR7."_M_&E"4X/W 3L9$"'O_I9*6:M MI%M'],P[FFBWU/(S-NVF8E7 -/I %\G!@;2(V \;>^$0;Q4])$L,A2:[':Q1S2X*LDQZ*D_=,\(XYZAM%7S M3;1?S&.Z6E])749* IB"B:\26AZF=[-6X,M0"A=3@/J9+V%([TC(LT8=A;X0*.5W=HYMC:Z=M>^7)Z?GC R8> M]?IS*9W"BR#G$7U:'[1QRCR\B<-#9?T'_&;T@XS9@M>.\+;C+$U"NGPPDTY6 MKY&E'SO1T1<)Q3GV4$U:Q[X+B/K/:N7=4X;O[+FN;+V2'!GBX-Z0V<+-:B#5 M8$[LH6IPB/4Q'LB( (JL9U\^NNFQ'S11O"=O2^^I[M?<4+PENKB-)7H$\\'8 MZS3!%$X@7"8-FD\P->4\7:XP*/A 8X]$+J#H4S($/C:=@FZ\8R8BMHZ+2CO+ M% @YUH57IZA5O'ZD>V;618QAEP>RG*'9K-']M0"Q!62=G'1:&&-QS%([1FZS M3NJLERK/80""QL2B,[-$)PJ:.N#UY3'[-Y$>"V,)]+XCXR5$=G+E]2N^PQJJ MBLP_/19>Y894D'LUF6$,#]^:F;UV6[/VAB)>&(.D--Y,%I:\#D:KG.>( 91X M32B32"G+7F"!=\=:&40JG:=:[UN=F@V?5#EYT<6 MSXS>3O3(V'1UU72<\/A?C[$J08),Y62%':=1P8//?SD.$(IH+O6;P@&YP/LZ M*7])73AU>V\S&&G5'&FI@HVUP_%ZUL>4.^N$9%+5#QEN9[&5AV7#EXLCN&R.!E0NA3H0=5#M?VE(F,&?$22U3(-O]@6 ML=X"7_J!%8ZCS7&H9N&'S[NM/1:/&=F=V-J0%AI):2WA0JBLB[\@6^U$$<^D M72_:=[5<&%+C0RGH"R#C+YAFQF*?]#6M><"XS=!W='9,.$T"C>.#3(P:ICU; ME>;()F.WF(#U'A^KQ]^X&6[M/H&4PRJ_%GC0-9OOEK5Q MT?2Z!)3O$)"8DSPM6G!%@0VB]I8%;:O6 ;(Y#JRA>&S8R6[I2WA=+*)L(W?X M]G("NNR-Z++,1ON]4Q@Y\R-GQA##2AGIC)B-;]^%KY"#)@@HW"O>/Z,\#XSV]T8\B:;5?1(ZU.\3#QQLB(C-X[&$+$A! MN-JX6$_9O[%&2@=ZA" $XFV_-^K_8 !Y1]72A8\'TZ&QVX,YA ]+N'M%U$Q\ M+T:$].69^3Q*?DHX9DD_V56=T]_D_'P?%JN"I[%H)#^?4EL$BHT6=FY#V?EH MD2:\'/;[QLK!,1KWTAD=CE2EC"/;/@;7MRUXIY?JL]/X".=7=MX\(_PFD@1# M=%IM8;=%:=.PVI* F;8VFW*3'8=M^!X#X2SKCC=B#B?)"L 7"YA.0%!%PWZN MO'YI%^'#VJBJA-0!3K!Z[69#C)U,8G$T%#FS:W<61IHW^EHD>>)CN*;.R+''$C:$IR:T:6.")M MWXF)^P$$BB3:(,!& 9+8X1__GBTS3RY5J*)HM]\;XW"()%"5Z\F39WT.T:K* M-- ZQP$2?DZJ[6HW>(J>^")6N9%/I-G^::M^*GC*4F(-.OHR3#7'NX* L^W M6I%;.M7Q@640Z%V2VH"WJOQOG[!M9%,RYT!IW5R1RN)3ZX251R8RXUDEUGF+ M!7]8 Q3?^Y[RU1"L1"49$$IO)8\8T O2RP5Z\/31UG4_GYICJF@S25 MJG;"G]@6[A#\^& "-J&-EURD6C-_;KI_G,&$IAU7^CT?=MQ?/4RRA;8& _YY M<> 6X48',(:\,QUGP^$XFW;[V7 ZROJ= 35Q-#G.,+')_,Z)MCYIV\Q !"%. M;SJ"6^:]"=:]QEZP$OR@BV6HL:\76#"^/T(PVZ/1,6_@D.K''XV/#]G6VOQ' M=&0J>UN%',_W/%0/,,*^57Y 9-\#H/R9';3QIBM+$%K;2? ME._0,&15F=J]K<(.3NEH*#]X90A]RE[@:K:-?G($NU?&ZU;E$I%G MZ:B'SS/:OVZ')4_:-CHL/YY>GFIS(04 K(S(J(&9BTA<,4D(R/JJF(8 2X=G M\KFY K)%CS-4Y"16#,=D;_C0IS?F_ E^(.Z$P]KQ DHD'"6;W=I3H2(*$4"% M8Y%=+2]FC[DMMIKL+=6NY%SUXG&VX%XZ!!R!MHE"8:M?;V MU/[YU4-=-GQ+"C:BK5?X(>:LX^2&Q[11O^.EG[Y&X:&P_+-5J=)UTZM=LT^4 M(D-ZYKI8:4U6V*A5?IWZEAX?;N;9^\NK. T085(4 <)VGY+XT4BB4;=V1;ZA M^J!-'IN?96=VLN:*M#L>/@-2/"E/7I0CZRK"K0ZSD#"^2N0M+X;FSZ6S7ZO8 M39_L7>1FD"OKPJ>=,\YE_8!VQ80L'7MZ\XT@Q(F1]OHQ-A3]66/SV(50MG2Z M5!-7\G%@H&;?)Y44A4WCN(0EHO*86[JT=E-6%=F&B/K/[-@:BXS;PA975-<& MFF9[0WG0>6_JHIO3^T'KXMB,G[$0Y?:H4-PJ& <"^"D>3%@AYAK:YJU_4*RU M=,5S'YUA^[7E:#?Q;T@@3Q(K]F<. [XK90D4];\VI M!@*%HZ:^ 1*^*?%'P-)(-+[J!UENMROZ53YDA2^8[K MK50.S8S.,Z<4FKKP"CEL5\SOUIO5YO91!;J_W_A*$TE)=EJ6J>JYN"-M%^-I M&<2D>. U24ELRWM.VG3'4]>(ERU4::!8X]>YOKG.=^)5/SH3(SO$"N)*O1;> MW1 =?D[.C*\ 1CH!\KJ&EJ]]"Y]]W@T)F[%B0%H$.,V^*R@2O-F8G[7O7!45 MUXM).?:$7A%@%NLC9X:*(WI@9PKG;=8.I$86D@@ZPI:]7(Q_SI^<5[*^E2[EF79%_F*H2MI3$ U&H:S@@78F M+-B6 $,0@J\8H]+&GD9"0HU1#@>='4H?)H\+TDO@( MTRJ2T3E!_WY;-=0F0LHV-5UW)-G68*8G\ M1J@3C GDC%[:\E1ZKJ3;;9D'SAP+=BGY=%MXNLJEE;7>O3O/DRA3;1*?,67: MM8ZITS&TB-=_0L:P+B0MOG@9U3M3JG*VCG)QO07!Z=IE<))<;A-/G429>Z%" M[BCEF<9"0_5F 0-%Y$CX$\W[.]_FB@/E!\@CJGGQUP28;*@+VU+SY8TC'9Y@U/ <9Z+TQ]@HL MO;SV;"2-*F&:E$E93-(K&_B""21(,;O>;GX1051=6O(HXWPINI3$2OH<8SI. M4.5X^_%2H)(--^838KH[YDBK+G<[02FZFIFQ(3A7#U>+[$[QHL MD#W=_J&F]Z\(^\%JG 18\J.4SUM@36*)4Y%CB=O2V@+*_67TRN3/.%1B90EIE M,I'XBC)RF%E)_N1$&B5*+>295"6F@VR@"K2-U*083.9[; _6]D\87VI3\$T)U< M=WRM]*.X'NI.KXR8KCVE]<8W R>ML]9?106"7'LM7%-1'1XX6IO[Y1QD$4RT M1Y[?X)$:R-K4TYP6:8"27.F@&#ZD6-]24!J)U$ ^_+=>J3P4XH7-20 MUT15KG"N+TFC!"B\&K$J DMAC.4(2:G&@J-MS2P>*:Y>8=3WXG8J0A&YHS ; M8;$L;<$L$---V2=WV)JAO"GC!V418U)E7BDDZ#1)8]/WM5W/_+HLG M)89:[ MXEZFEUXM;IN4#*E^A%K7F3I M8ENZM3"M1>>_"I$Q_=QUC-Q8S0DJP1Z9LCXPJNG%"B2OJX -S$PR+C_S@,_P MW8Z/P[TN3DX&%/]G8=P;,[[_UILUEWQ!XO4Z5,[HO(;2K!&[-Q:L!TT M5\[% 5:[FX9E&SQSRL_;,"A=R)EV[J0L1EP4#T/ ?\E#X\VD) MRKG>!*ND(4'"EN-TN8!@_UQ:(&?AO+RC*ODU G%A@O[3Q\L+H&4'?99B"$P"*R#COQH*YAWYTM MQR:2[Q'1: >2D^5C70H@B;!E[/+&O[,D6Z M2I$,4Q]J"Q:SD+!Z4JXQ3W(EVIHL2P6["]YF^#5F([J;/QNFXIU&/L(>R'H\ M:XO#@U2-(&QP&D\H14FR=SS8.V*%RRT5KULOT5ZE+'EFE+P[Y$28;YTMO==1 M2%G*>N'OO"4[02HQU'#T)R)"^93X0AJSD2)>[HVWXF;YI5BH=###!HR@:FF* M_-_F,I!-22\8\]R@!UQ%2LZP.#V\DF30*3,-?*+FD.M[00;9: PDGK&!QPF\ M,0V=9J^M^YP[.#,1V,G3?HY&UR/W8"/LY\A%)B3.FO[D@X192+D:0A\P+ M..H^KP5<]*A<^$,41YBL*\*1F+JB&XZC]:!*@N^V(4-AZ!6\FW^TT.LN'C">#+%VCP_" =D9?U,0 M#&0JH,4B@LF$+5O1%8UM:+8LE)4 >:@&[D?KGTZ>LQ)"1=TGK^A*[85,3BS+ MN68.1 (1CM?4JI,D^GF_WVBY$\&R1>]X>EP1*P'ST.>. ?152IU M/6"5NWV-269(PW!^!\1B>8P:D:E('K,;/!S;I3&+>*&,&HZHEP^&'7U@ZH^* M6_C@CO/Q:;M*A;)2-1>/IG\-KLD]4]'O_4F]?)^;_P;SZ!6B6!M.E6TP6/1L04 Y4VN M_8[&>8X/S88*WUA%J2: +*J *U0!4JG7QG@S)G(AZ+ 7VP PFIT\,S(I$W^E MT7[XDJ:<1;2DTE\V'HMDCFMATRS*&@@&&D4ICF%U)UKYAV6_=C4P NNH7#KD M?I#EWO@P7+X@^C4P(6JUXSEQ<1Y3IYMG1K8D4E3BA0][?<#+;B=B^K4UC<#V M(+W[6ABW@%L%FTO)1Q+LE..;[!J1&_$S6JMTH1W&--;(;N+UN>RAQ%&B$1S,O4V)> ;@^[%%SL;+[+T]#:$5 MK,Q^%M";DS.)'G]+8,$79(S\4<2H/&%_&V'*Y3![06'EX^PGEK>.NIU\-!IE M%&T.HH=K(1C5L),/>E-\?7 Z'?%:(*/VJG/'VV;8H+?_'BSO4J&EX9<.@\S4 M@J6/WUY\L(39IF-V,G/IUH-]BRE68^]ZU=)MZC>*=PO2=(GC6O!HE4WHWS>G MOBG>0'HI+(9((Z*2XZ'/T[L[GZ=VD\Q 9TX>CM)-ACQ61SDVK&?ZHJM02!"C MRL8F!$JMS<[BM;/J0Y6B%=_&X:6@^#B?=$90YYV=.YZLQB1"1P1#Y=2JWNG4 MFFI^0*R9D_]&T>3#?J>U*(?[TT(WB<%X/UQV$IFN!""W33_O M@"(Q!:UE1?B[F!3K3.ID03>ZNBM ]J=C0Q ?9!!8Z/4+I:4R(Y3CR@]9?P(9 M]ZQ+!!A3]:TM9].BSL]("G,\>#)XB;Z,JDD:)*102N=\RG6-V!XO2 M016EL *?\?_!Y7YK0.\PG12FZ407U94L@2W/Q?.+(I5EQ$[=)2MHCI![F[6Y MB+%<@;.++IUPY*QP;'3SP)-\>UQ0]]%C>N%"S[!0U2>'@VT 8>&S%?T'SBH43S ]CLYZ.''0(25LYOZ%;%4&>RCE$*- 44BYL'5BU3T" M%'P,/N07U("# B;5K=L[X2 C:5YQ\/A=O^T/:__;TD<99JLNNP%Z [\7H9=# M/5Q]WB3'GGM%V"_4(DDK9ZRHRE]O\3 M[^V7QAM[;JQL+[,!Y[\A%V,L7$TI M8G_"G96,1N?1%8Q48QS'2)%6]^HOGJ)YAN#>)D.5*HK#G&"!R,R,3MUMQA24;'$R'[NV-J^*+T!>.YBKE!VD+_/LDHWN;QG,]N/KMU&J($;OGZCIHR7&@@_\LMIMO60Y/CCIL^,EC#ELVWMJ%$57BQ4^/ MEG5W)2E9G^E^+7W$J=:)*\<<*>M6H,+#6LD7TYG+@L7DB'HR C8]KS[!/[^64'R[1Q#?+&_KMH S'JV/68;TP;G35 MK1CG@LK?KD9[&H2&/4."_,6VV:>5I$:)U0;.4&KY;$NUH/ADBFRKQJLF8R,N MYG-@"ULZQ]8W5;7,2QWG9^M"E3H/@3REZBFM)5&^%0:V22V*I0U/)9L9D YE MFDE=+&>B4-278A0?O.H[(XIMHD'O7;4@F4M0TLIIH%Z /ZQKNGJ-@"KSL9VG M; BSLMS,N3"GBUZ28"5CC*"XQ7*YLY$S84@!:ZED]@1=>:%V1LH9O:9QG-2, M V4!8S*F\^ 23:0S) !55H?6V98K8OWNQ.)VN#,?V$Z.!#T^942Q>C#:3HXZ MI_UCWWJB[0M/@D;R$V[_?\%RN(H9IV90OB+5D;+=D@U$!)\WRLYOVK>H1%3PN(/Z= 8"_QT-F1"T=L.AUR:9X)@KR:.=4=CF:?;V MQBM#8( XMF))IPQ(4" 9@-=F)=A^M(%3\85)?IB7Z'4J ]XI9CC,$2,W#HJ0 M:M$"FF83G.;.]>KZ3\"N/6!%U)PHAPT>PSN1<:<5WHX*$$ MJD^>/3*&*:L (\ M/*-E2'^*/:GE;66[5;8=#]4?\04Y&$0D;W2\/JYY6P=.G3']L8AU> /U)7DJ*$R-<8YH5MNL=!A[ M[E1)M=XB"T:[LN99?[!_-^3>_]<+A$$BX[]&/G0IQ$,; :_%$Q.**L'V.^<' MNN% -?1'">3G#14JV)BZN2;#16;EE/>@XTG2T3+G^H 4N_2QH.QP,;!>:DCB MT"RL3;&Y4S@H/]'N3LYP!N3WH?BG[ 0V^23K9TY:]-@/VUN8R#]= MG=0%AKJL* N9UKTRE46S8=2(N&*J9RVF8LS%W@8B"H@,P\1[HGD236G' I;Y M!&/-)+C:9 ,RJDS2?2T^2/&H,%3"CA*"'J3H3S0\OB4HKTB-\$8#M_M $ JQ MA?$;TC$%KAZ?U]T309NBK$,8)@9(N])DAY^H2V*,'[ZZ\\I,48[2_OY>!8BC M@C*7%! .U5"EH8ZPJLVQ]WNC1O>Z1K#\3:XJ&)PY&A"N4ON'H1\,TB M8[]7Q;1V?/69J&3/@_(B&XN[?90/)A/@PX$O.YD MB(C'W2G^.#.J6].V<8B]P8!QEJ=]3'RNW@:W(@?:[)QVN^9'W&*Z/J ?T3." MX8PQ@V.2#4=YO]LC:&[V?4J)7Y/KM&/KZRWF^J\EE\O(L(0#9,C1#I^K#:\W M7KBJ*,5RM%TXTFQ'=XFIM"6F*@X;P7F4L>8CM;40PV!K7R^@.41]UVFO"G<,.#;?8V3E_.C*!6 M)C?$.#7WNS1Q2MR"+WDE%I\-O%RG7;JJ'Z[(/)7+8!U-MI;/:?:JE@D0?F]I ME!15%A:/E[Z_R@3C,H*M$MJ=$]ZCHUP#43#F"]/O;GE"/&7YJ?!U.G/XRG1, M2:WP(\>UBN%R&9;6%J>==P%6]'AH9QVA9R5 M:\1RWG])RL4E2#H"#69,WX->-^^/:1*VI]3(?05B8\"@^QVLS-#E"/SN,)^. MQA2BP0P^-1!Z-(:0\$VS2D(VQ&='I\4%AK?$Q^Z*%:D$%E+=&10]#IT.91/@ MENJ-"^.+.;:<4S;&:.)>.V!?#I"BX "^#S42N5$BV3%W=&GUJKY5K"KUIF-G M2SL@*OC!SZ\O+BECV9S#8X53IW(?7>.B=1@)7:%(<\P7$YVO2$O@ @E1)FKR MO1C-*AA>W22>8-^_%@36]<:4 M^:^84(J#)#SYW*;%!"F7;-M2AU?%]3O/S! M!^K@'Z)G0YME@6%I;!-TSW*@OG50L)-W)9:8W1WN[H)0VOV:\CK)UW9@8H'!QIT)7'Q8 M'3HH!/^^K3#,N]D [4+S#^A <,X'-,\]*#PE9*+PU^6.T_1O#));=O2G[\_. M$%J!DU-1$U*?,4$:I$HG;!XB-WK_#&5ZX)'=#H?*WQI!Y_+D_SVE MQ;;POCNL1+W8:/1\#;45CNQFL]F9>CP"^ (7 T[.J-1D04MN!\N3NL6;/0A; ME#MIBR1@WYJN!8^8"B60& PCA=0!5E3FV1C0E MVQ2AA"+U$15VQ^+E4?-&>^I/#QYZDLKH# M_W;MF=0^WQ6RYB'RE'9DZCO#N31G?E5PNRW"H^]%_5%+E%@$-.Q3G=)<@[\Y MM9_C;R4A_2GG]Z^EDLYKIV[-"B= M2Q)TKN'6A_.%4,JQLSLAWB$54??0A]-_FG9P:1:&Y0QW(;L3KVJBK)8SBU\W M4PJ;N"/#$R9!IU>S+T4D4.OOO&DZ_#(VYNQFA/2",\3H53&77A9"_I/AR(K, MDU''#)]"X-?$5:D\*#2_H(NI.YV,*)S>>/^85^+7B#SC K5=Y-[L"^UJ#:?O M4X"425-@2'2*YE&O!G!V2-CL?..9\CU,[D\F?#P<:ZH-A%_SJD@2([2Z$ZA, M;U&X@T5@4$-JE)(-)ARJML/@N?J>390I&12YA@H""L.^<>$'"R6-7G/5I>VM MW,@,@7V@(==MO^U#4 ZY.[V(*CI'(:ZJ$/^;8D%9= YG10RA,)$ 6W:Y4\%$ MI63^NR.!/)I6VFRIJ0:$'_Y9 I5T;H&SAS)/V2A/JS E74-3<= RLH=B37)7 MKP:7SR"*ECL+TG@/^C)R-3F> @UKI0:%8GVQ+[8PQH_+^08H7G2)_X1O%EA M5[CG$I,S$&:92N/AQWQJ1*KS-P+SG->%62=]EY$$HU>=DY:LTDAC,]OT=Y = MRL5R;K6 Q#1M"98-J%:W:^\='P_3'Z)$[:H]2U%(>CMWC0A:C/)ZJ":],7#%'QH"/Y)G-WC& M0#DKY:T4"!":E;CB*>6,P,+EKN"$9[\BQ=N=#PMG8E'[T3U>C2/Q9LO76 MEI;=!>&T";TJ'!D',AW,A','C*.?(T/D=W?TZ:1Y9&2Q96#=$*J9\F0M,AWI M:\P?-.L*\LX-\W(00S$%X>5.=K%-Z04ATDUGRVTII4G\A0LJ\^"A+IN06W0$ M:'28;G;D4.-0KX=VCG& X:W2"])-5SH+5EV+AKO11L4%%-SADUM;Q#$);G!7 MA^#IJGO^T3HB7YE*KGB&:R0"F\-L\Q3V)"GB:RCBD?!.@+:!%WJQO($>^#O) MN1$36"1A WUNMR25<_RA0<>U/.;:F'NJ!BIBJTTL9I&(Q<#]#A[[)^G[L!JN M) V&,?";.!58BJ4,!&9*_N8\VY>F=@UO%+([*>EF?%_6[0I?XL,>RT-3422] MR:59^AJG>A0)$A8&26#[Z*TCJ09Q\O0G\FQ37,L.(]CBL'=*KRXKUY_G(L<. M9VD!ES]C<"%']R%8^CQ!_>Z$4#*4D@1(:;K%EYE!I+(EN])'!;?KD#PY#P2WIB)?3B+#IN":R2A"DTXAL!K6 MD\QXMHO$\8$-T$3I (XQMYK2:92J_??]XI;6?JDL8DM?L_-Y-.V+B2PTL#1B M>*9 GEWI[5T@=CC L5+N;4*CUH,@3/]\[/:K:]1570#9XXE,R/ MQ>/2K@#U,NR8=$?3N>T3$0PP68.FRG3"9X*/,M?%UMN(42S>>.+C2J/$?I9W M&YD!TZ ME<%9*&G*209ZM,3Z.YG-D-O1-BWL,U@\1O0BO'AAO0J)CJ?"RFBM-A\?!P)5 MBB/,T,/- L-^S?>0/!!?12A2\F3$ZL/!L91%Y*^^C0UF- 11X#"<@7,[)7F? M0N+C=3-C,YS='F.CV0FKC\X)+]J*I-B2@D]\Y(7*O@RDDL\,?X;^"X;[4('" M^F!G=!'XD<1TR]L$)VYMYE= -/)%:DPMQ$YFF+5? S1U ('*0.I?DP> MU9'PA>/H$"/"(ZQSN:M11IERE@3,XC)IE*RJSP\R5K0H@2ZQVVPE"%\K)?6* MKT6=0-^L0SIGJUVH+E0,QS^/N.,)U1VZS8USQGF3UAMUM]F@?LHJPI/G:94A MIVGDJS32EB?L&Z>$FD.U6JDUN3Q6)UF;MA)"&/"69 \)>9N->LN&_"S(T[-! M30Z&@#VE26$H3/@UMM$=U-<^Q1A"O38.5CE**5(&9,\*QV*FBPF$*ZO*L@BY3HI M,$$!RPB_8]P4.^R*>TX3B!8+$A8&S"8BCUF5:)#IZK16@L*G64TU<>A+Z\&T M54E<@4.SF+@>6%J (8,#NV"%_&/BGQ/,GT$>*?D1#SI9@'SYA97/0M6PE"2E M"C'(9REU7:\0DHFU3+Q#Q'2!"1N"U8A_E.A>\LQ8C'. M!G4E";Q*CC/A.0M3Y=/&R^B5J17;:#M#JO*NPH/2=.BY^5C,6?)]RP%8.A1G MNUG#[W.^0Y_\8G:VV#Q0$@B(S$PJ#J;WS=GE=R;VZ^SR1_KFI#.$K04AB2RO MO/A_*Q:WV/31U0;X>3;I#H^!'#CU&G?"/8^^7_(68M554W1FG;W^(A&QC:QLQ E]F,X_7@ MQ!6KF]P&:<&Q$@.K)54DGKIVF4/4=\W:NK6J[M=TW6_W'(YTHUV&;*"-FIMO MEQC9,2-YY;[8^7S;6*AXV%8CYU:,3>1N>7N'.:(V;]XJKFR(^XRP8NP^62)*E)Q/YRUD>$MK)!*XZ9'! M _:B>CB:9+F.W;LSIGMQU_I9HE$ M[N0'Q& .X\@M?"\8Q6FR$05*:2AN\ M2E5[H3$CT\4\FX[G#$>F3FF"S8!;1F0IA2AH6UX#IZ>5T6X+RB?F;G:] 2[IY- +.*ZF];83 [TP@ASD]G:$Z/401O+.E,91Z MKYLX$+DWD",'-P>:YY4@2N%ASA=%3%HY@NRY\>POV1$74IVMCE5@K3& 8P[# M4DZ;C4NI>'O#34?%6MTC6H(.:3KG\995<6H^$OGMEKRT8B\S=A,6\%#YL%J6 M/=T\KHU"K36%$TQTAW6-JQ8_VZ(.UUZZL-Z=W^J$CET57\46C:AL3ECB2/U+ MS_3/=Q@(I*(*E:F/PY ]2S0IO)219X/!A. LN8C*1I(!J'BK' J,CK-Z1F&%8,])SBGA;"W!EZA+X\TR85-$ MKO?LC*$%3LRT[**X8@F*]8?R7ZU@CO=0.3FO"9$<"04]A9X=.+$IEH+ M7C=[8X6SMY2.1A?;R8=/9(A]">S"19G@W?.#GMB->OO,NMWKM,E[- 3I*>R9U:/5LJSC$M5 /"M<7(* M&(E4N=6L)!!NJPUN=>*1L5:P%9:6I:@)+6E3G6*SQI[:9!U5[.80,"G<^:2O XPE00 M+:00&S[^OMF:XF5:\C $5=KG[94WRPBL@.I#SC 80:0;TL=D)$Z<9$JCRU#Y M9?@IORJ260]M:Z"2KKQ>*XX#4<3(SB-N?^&\QR)0\KAQ9KCK(H#-%5R]S?6Q MO7$7"NU7N8%<6-[:N]C$QF/P:[89ZYCX=()H^<;-:Z"*J>",02+$+D,O MVID,GA1+9 *AL(7U4CBSZF1S<[(O=6SQ3*;AW.&4' L3EE47J%(S"B\TKMLS M?D0. E\YDS^6+/16\=30>="@:P,C,+$!*W!X@=%&#T3&:UQ!'E!51"^[S6+V M>(A6I'RDR/C2!H3W:/#[*%I:DP;UBK.@LN M;M]^*+5W@&<$]9>$"REI26,M'\JG+3T=!95'&_9G!T#GG@\_DLELN\5KRP7E M2%#[SACUS#D29@9K]8" B@97R3A-S6S-IN3R0D>HA&=LM\R[5#;K0/N=IWJ921[L#(&MMR6LU-DMDM:YUF3@ ME8_64&'Z^)Z,+?+2^\)$K5DZM&3O%#,,](_8&NG%E%MO-%51QB@ 0![LO)"_W'+B *SRTJ3,I!1#B4?&B2%OIVA$RE.S_)7')TW_ ME=M5GE=AZ-72R@5K;XT-5NWYUXDNU73[9&F$L74..2$Z3Z'7MZ+X4-R MJDOQ =;U5A5 ?0=4LB:6&OD0:/&6I?$D"BR%\BS,-]O@QO>T3GC?CH@2(.&4 MW"$"TIPMO]KMMU3#]2MW^\,E7F:''*B0VAJZI**7R#7-9EBG0BBR41(3QI4% M*Q"Q-VR%\: 9?-TWU%CH:UREQV+GWOU?O?C)>K$8R6K/1^\IY^,]7)F;SR>7 M<\S;]!S=2&87V #EW;R&:WVQI"^B V*X[MQY,C3Q@U@+>["FCIC 6+1;+"34 MVW92N$XD L.QB:#/T-D,\N1>K)J+ L&O<0EM'HS#5J%\Y?N'E<15NH.ILU!H M?8WIC>0]U;RK>T3XHU2P@6X)J;I.45DTHT+ HNVK5*.2>7B3L(Z)+EA- M='HTX\3;-4KIP@/HW=>(;8\#H'#,,KN:E;]@S.Z\.*XD:V)YOJUBX]4A)SJM M)^"0#5HU(6Q&2K 'N$EV2]"T\.#*M4%SZA.ND$K-2)*P0!YAC&NN_#XFO8$? M72^B40BTA,EVPV0/.-QKASA8,\G_&TFM:9C# .() 6AS$ZR[TW6 M7.(RXC M5-0?!E14XATD8H5"= ILZC8-XOK1 ASA&Y>[XB'K.8!=^QS.;+EE$"+8Q$-2 M/_F^'HW7CH )45QWC3@(7X,,R@89LKB4[-PS8:A^1CH':K@]WE.EFR]<#HA< ML=JZ;K5C1V6! 3 UQ6M5XL-M+7GB@Y@(M8YXLN#F-=P=I_.P8]?4JPA)PS#IF)CIJGDE-P"\&W59&AMDM0WKLK M.5;*H(/0BM_&)U![F&&Q^,@*+!,<9\P*93V:DQ3L:7A5:&<8]/U^L[X)G6_* M"&3=5V3U1XO@3##7"//[U'=6!KS^P]!@U.)T;;34 M(+!'#VOM7R;$,,+39KTRP,M"[T\(+=2ZA3E <3/6NN6Q% 4+^=5'(TQ,4:D= M5^AMT%66?J "0%$N2X-7:*CF]UK<%144)\(K>FX-7O5YMK=+&_E0S(,&#EVHV(0\K8D9+K?IFYY(M-.4' MTN7!78))GBS.86=5U=7*W'-5L_-'Y>JI>\W%A_!.2,7%*P_[R[\'U<.>#=Q> MX/[C:"..9L78IJ"O2TGS;2'J76GO"41YM&!1F-,,U^C!EBO&4#5D9OE^1%D( MOG$]VR("@/-/TE_&\Z0!->YA;Y8,/K%62 :K0S&E84,=E MZ?M3$TL" RM6R"":JG.-U.@#5U?O+":$*NNO$;R!L/G Q$MH(98&*,#))(OPU\>IFM;DYJ" MO/ QK@0K..J;$!#2P]$W""I8%! UH-6FE)10UU_$<#435V5JU&3M0OQCOQ'3 M]MPDF#B@,F(J#BY]SRFA&H3-N%+1 6JRES$VP7 GY@)B=%1&%O;%RCI8+SIG M_3)B$,(=[E05/X&$(K@A\3 M]EME9-/Y\.(E2HW4>-3]H$*+9NK5+';9;&68 M5>=2>._1M49PJS@F@LC87*,7C2UC7/27UWNY?MC[@';>U/&V->F51M?XM$$% M9"4V)D_I);F+9" TWJX*8'/L$:%>,IV*O2]91!2VKBCA9?8.7U0UZ_[+HP@* M[F6\/9H)7S7,->8^.)T^*3;1,,H5N3/7IT0GL*^>XMM-24"GIG((#X^P9T?X MEB>HL(W_$8Q93!HBZI@9VF00M3_>Q1F LU&.PII#T+?;S?5FZV*JHBVF2F@< M&^!%$] )8&3ND,YL\)*)D;==FSF[@A<_KE6/>H=U-45>XC\3IB\SJP=Q@%V; ML"/]J5 (\R*#VDOZ&]UB>X>[@@NKV$X\8.:S4MN+[0V".6(YC70D)M/'7#GV M+)?A4>PQ+,3E'C&4&;0I!\"_/CA:B,"24^.Z@4VP9O&[)?!DN$<>G5&L3(& M"4AG")AL#+>F@&IBV]ZN*:*. 7,,UF%BR(%Y0-/\4@5&R4:3;FA!D=11#YJQ M\\LE= -IR, Q)AXS!\0/HMY6#DT6,XC]@[W"V]ND;'JY@U>_ZY M_UV046&\#FS<<\?7%+!(&)(\/S& ;K*7N82X/( NC=A? BH7(J" MA(4J=X('3X5;8[IE.%_\]33[&ZS*IR* );;!Z50ZSY4H]FV^SFHJ.VVQZZ@& MVIDN6WT(O?I^]G<&\K9W)%&4N1!X(QB;RN7WXS[[S+-WF-KD@E803;K\0Q22 MRI"EKD_!X[*,S]R51JHP BS7TA.L#>FS?,"*!&7DH/)AU^"^G*%8'JA MI;.S/R=5!@D?3M4A"+<"Z:@L)6O'G0(G[OE.P]JUDV.VX4!M]9!8#E7.O04; MM-E#*9JHWRFI/9$XNLD1^+*KVM$:L.#4P(*9V#X,\UYN+7/@B\:=QV94RBS% M&[OJ3\5!,T*A'9V$#5JQ5@NRL,RSU2-%=ZXK95V,1J-*N[8W(YZ:EW\;:=3I M:;^9/.I![ATD*X1/$:!P*1GF[U44N.G3E@LC6&_6.M1GNRQ_<9'ZX1?FB/G' M^VOJ(%WA2L95D"Y!#5KL.9SI-,E. M;+>,Y\J6E,$@\LEH(DM?/8L7[DD]KHSM5=8TMY.8D;EW>30TNK2K?&,%5)O] M$*++<251:[T5^[!QITAHA2?GVOQ!XHV!8<8T'U8N]](\6TQA1$%C4;W2HU>P MN+.M1>9>>F<^6(2/::Q *F&/$P3=GQ"]LF$^&/2!X)>K!<>MW"R_,.*(L'X7 MX];KY=U^5R@B@,C#4J##L>^X-MN*B:LG#ZO9W 3,9X.\T^EG9U2J5W1#"4GG MQ@;C[#LJ3N1]J2GC"#A%?V!90V0E1@-OOY/WIAU8Q.WN%NMI<[VIA]DCD:81 M@XW-O0)=T9T./"P/LR4?7$NR5:^],-V_M_ O4E4 AV](9I'UZ_C01V)B>B7''.,UU-W<[OCZE=M6"5*7P;Z04+8 M/CU [LY#DF!0+P,6J$IL24GU&\]P+DY;IAI,D=OR78$.57[!<;EH\7??]KK-SE1_VLF'@YYK3X%/>D>BV^U!_R.9;@75Y7YZ808G$N[%J0Y< M(N$4SZH'ZQ:^V.OFD\X$A):"*%[RHB2AAV7";T/LEFX^&/63E1'ZL =>/ P/)\+LY,WLPAF<]&31ZK=N M!.RM-^FD3E+P9 5#Z8VG>:??]63S;I\/(/ MX"3VIT-,BTGY\(3Q$)T#*\DGDR'S;OO0QD=C>9%U)_ET$C%BND)?\QE[J\\8 M=MQ$BGS#H! _2+&:CP55_;G0(9L?;&X6ITHUX=E6IA+0"5,,!P46VA,3G6># M0Q?[T'/H,A+7Q9<=5_V>8][;8F8 ,D6I D[#@:-I+GU%^HGAT5*B74>B$I&8 MD03(S+GGJ)C#/%F!)I9@0WR+-1FFK3RF@%!4! Q'JZ!H5:(?U!8NV;+$08Y# M":Y8*\LT.WV)8*0_N'+7"'9+Z%,$-ZJ">PFT_C34MX*-1H@[VFVWUUB'G5;L MB&MQP4V%"DQW#(RNUV-,A%Z_!V=I0J%5\,< *'< ?X!:T^N/\Q%0//S1A3^& M^8CJU>.+/3A__0D+GKQ1DPY\3[H8B&N#?MX?=1K5BM:P ML;\5%_X+%Y"=E7*PRDA]EJE\S]W3P70[F=C%*:PP[6"7+A#:/_,K[)[]M>M^ M[41SWF5R+ M6.NWV-QN9P]WY,4[PQ5KPG=6')II["E;4^Y'*H@YCX>7A&K!H4Q(EI*"C?,& MSR4)N4(U@K5;F4YM0SXP6LO+8>Z<=KXQ2J]-F&W?09+&+9+RJ?KFG):"_(64 MQ\"/TF-!];=>]W3R#5PUIZ-O_"+3+[.KX@OT^!>0\4X'W[0ZK'^Q>TG 3ZTG M^ED WX)5I#7D.._*-DUJ.1J7@%26&[VS+C9(!'YQH"6JD%MQZ3U)4Q^R%:YS[&=O\X$\WH])R6O0#.?78,/^QWE/-/MOH%U M/>-(%V2PKVU%7>)@J/$P?Q ;<,C30A:W7&,B^$O\98VB MU8 5UC[<)7!Q3//)&"ZBT]XW('#BTUC7Z;)X.&6.=K7Y!5-WEUD7WYD.>_AC M,.G#&P/]QH?Y3MYX0_4K7V9G>[Q+LJ/A,;P[(85FDH]!:.Z>CO6;,+%39J07 M&]@GPI!=RFNCO O7&_S;J7GM$HO? IW*._U)WA],,[A'QZ _5+[U\V:[6M#Q MX->&\!;^VP,.WSV=ZI?^8[^2N;TZ?W\ISX.ZT1U,0.R=3@?PPC#1"[SP]A70 MPRU""\Q+U&#Q79@*W BP@?"C,X ?I_UO;$_K4[X^OB_0N/V8?;PKENO[8H?' MKXMO]'M]_-&%G>@A?U'#G*UE;A^^>YN]>OO?\ )(%ITQ_#ON#WC'PD<__OPZ M._L^ZV>C$:S7,!L-\_$0>O";EMW%Y[%L&"W7"/X:YL,^SGZ2?O@'A,,"$EJ# MB-7%LME]E'G&0''3ZHWQETQ6>Y#WQGW\MX-;VODFH+IN]F[_!8['9K^%,_KJ M._6GHXK!<(14,1GC]#SBY232'MW1*/+#785'!MCUV_??PUD&7K!=S R!#4!M M WJ$6QMM/L$\S YVY'9__>/'#)2?C2DL#>) 'QJ8#H%"![U\- DOCY?9#_-7 M:(]8 )?O9E,@Y2F/%(F&__*-S4N^13D4/BW/X+>.XE)=E$8G6$]D9_I1NF"TCB8 M]O'?SC *=ZQ#SD#LI8(.IBM[UT$^\1J1R$H.PCV:^!0PR'R"<&0%@# M?V^%E=7WRQWW@3+@WP&.O:_;>+_Y)&U(T3-@[0X3JXN1V5.4\^#L]*.)ORFN MA;+/MQBP$+I_A=(P_!J-N]?MO-L@NL=)8L2*F,)CF M'5R*23[L=,-+RS"R2?:WV?:!@FHQ2AW[ ^6W0VPR'PTF87_NDODC2F3OSS]F MKU#;+8@I=@:XQZ0[^I+%V/LI]F6X[\52RQPK];P_BVBH.(FCX'-=.C' MI)<-M6BRDJOV[(IXRY6FC7X?.'#'_.!9#E273B)Z4RQ>?P$AL4#]Q(EY*'K0 MOP.D_U :^JF #9C)-6,D@FZW8_Y-O:/J:-^?'RE7^-@PR!QAEX"W].@3,SCL]]6OL %C@>]8'YCK+Q M$.[4R9CWQ1I37;*Y^"3%/S&;S]DE7RS\B'?CJSI"%H.&XJ,AB,E]^$6^^:;" M>&V;7E3TC8-] <.<@(C7P=_@ )-]"@?$CTW?(.C+V!4]*K4%N*2GY(98'9&CPC( M^GWQV7ZGG6\E>4N"] .QV>F,G#H-6IB39'KX^O13;-&EM W#N[U%'+E=H<"B MK#501GE;=SJ>QT)=9=QSR%R';+2]'CDLV, 'ZDJWUQ43+:A%O:Z8:/L=^ -D M,.(R Y17!VSG,T=26?KL1V+J,TS@N6VRX08J'\I&@[HJNTFEV<6]FWLNFA], MLA@,[&.!1QF)@TH=MJ*?Y9HBMSBPR$:L*TSS=*[!D?,TZX!2&^WO[(3 WXXK M4%C9/+:UHS]@ TS%@%IJ7S@,RI8!V)O2CT3$0-S(TR )&A.,N> /DJ!A MTAUT'!MG'W]P<8"20V'B)O6S7JJ!]UQ?R#58D',ZPI:%(T>5>^H(Y196.$#? M]<.UNA,X(-W41V^D3IIMT96 /]0HZEO3Q"=O(Y[?H+&C+D@MG4D89F8_O<#$ M7O MF,A$E:7 ^0-F:AS([X?KU_(ZT^+AZ+WHPL:M^LX.]SL>HW#G^# (^%->I,* M,<70BR'MYFMORFEF_R+C4U=SC[Z5*.IVNYX#'\VB\+>722% QUK /1DLBA.1078\//'K#1/3 ]Z8*"=\+DTC)[ 2+[:=^&:-?J,11FVSL=V*?M?V6WIG8_8,63[T]"YI8;Y4)[_19[(ML,D$N-!WWD@(Q28@-V@'ILC<<9%WV4Z1;(@GS8$N]O-^; M9'V*=$_(O_& O-!-OZTC8*.=(=KS)OEPBK\D6PP'5M,-]W7["E!ON9S_OTSV T:F3YR&1;CX&;; 'TYM$ND.# MUX>C#+,?O#<;4L)@E/6G7T>7YHH;C-,Z=].QH#,4?75?33\87#A%^NF1;\#1 M3S\?C8>D?/>&XY [?KBY@5%1P!['HS5FGP8Z7N/8 8SN4XP)Y.6BET!E1+LJ?@ZC)T?%.N,=SM],05W MC?^RG_HB=3J5I!?KJ#:HD M:_ZR3ISR/:7JXH@ WIZ>7;_P0^^PHI+UZ,:^'5V/TK^X7!8W7F&%8.?H]S%_ M^&4[6<=E>FE*@(/ J42RVJ@_?JY8G>FA5!2:?CS&4@?\8Y-U1'<>'BW: M,5# S^E7#$0SYMX^LO(I>G[[4_FC SK6>-!>L,X)^!(.%QS.XSHIVV5Q'[H= M%EBK815P.V.'2I7)$>Y/0&+(FC>EA\.V"3V$BTI1-J*@YB8N%4B<2/-T#P>; M[B*+SRQD6C@!@FQRSF%.6D &OBWNL/S%I\*$[QZM:!L87D;-\LA!7A)ZTV;- MID_,D&$KZ#0?CB@)*1J%,WQ1L^U&0J \A$BWYI],#6Y*@ M>:*E&.Y^_\L\33EI#;0P190)()"QSXUF2AEB2#UWRX?R](]*0?4JLR4C@H.;C_B0D:<3!6*HBL.$V< M219^:.NE<-\4C*6(^[O(D:"X?P$C44-<6"1@4U+-9?V43G=Z62_J.-GFZ*/- M&S^VR4#<020$\_#%XW)C"J'"6[J_WV[(0:@IXRQ!!L8"_8 MQ-$$& _P'/.[ 4O0.V@%"L2X2&\ZQ2WT)F/R(XT9)*5+7B6#<=0?H?)\-#KF M#62?\M'X^"L<3FD/E+$UA+BFV^94&4<'UCHBVYC / PP;/E%=T2<=U$%[-"B M>;ZZN?;4Q_/+[&SQ:5ENMH_9D8J=)#WPV-3N"@O:,(^;(]*N!$XKXG7L M?\7RNBQ75,;!BC2/,;>HUJ0*^VJX=%=T['U&#;O*@19JNVF:;-(R^\W>'\@R,XG%E)!ZV1&B4FR",E> M+)ZFY)L@8=E-:(_V#T1SRK.E;:/#\N/IY:DVSE)M& ;-0FIE)=1_Y?4>N:9! M+RTY8KB*:0@.1'@FGYLK(%OT.$/R[;QJ.#)J)!#G8J><;CI_@DF".^% @,S2 MVA#RF\(4IJ6UXB!+HAF#*:;1S9D]YMF+/K.O9&^I=LFMW3GMQ>-LP;U, 4*/ M!\F605=D/^8:D)A$55(R_:?"H;*D]L^W>3DENB4%N\"6&\'F2'+6<7+#8]JH MW_$2EW*HEY*6?[8J64VW1$G3$D3(&QW''2/86 G',/M,9%\_>@]*7'MVAJI@ M2U7 HD41_%4VPR8L>G>K8#ZG'2L,JDL&U?J9TGV*Q%EPMCX.;LQ]) MT$7E(R:C$4J 0U+@3COC["=ZD&)D1V29A(^'(]5",*IA!Y1?4@8'I]/1P87/ M$KO&@N7'8K??)F/V+*L7].9BM624)H0IAJL$/9-V9=Y=O;V@%"XI/CL39YZ] MPF>:]^/*8]S<^>S!596X66Y+D U*]"LN)#%BN27H"RJY.MLN77";2W5[126= M;/E3_/*=E+SGK_YCO\9(!ERW819@(H9%ZF?SNV7QR17L$SP=A5@NTC@N&E4R MW95>X9+L"-OJ=;[5JTL?=;\]UJ!RUQM8)29-QG7! @^F"(BH[*J.QD*PIAA^ MR.4 H':%)6:!/[JS@77 A MB[E D,>KGAWA9S)?T8U/_AL;8XA8,^UO&3^XVY,L(FE>H4G&[_IM@X;K?5NZ MI@UN+I7P@A7O#?Q>A%X.]7#U>9,<>^Z![.AZX@8&EV50^>NME*TR7U[#;;;? M,9V!$+O>O0'# =G*\WIC:+0UL\^I9E6,OD6$9> M5GL)2=B??9"-8Z=XWMMWA4YM]Z3(=T[]@ZT\>\XK\-'>S=:-N MD+%L4:/ NXT6%:<%>TBK9BI,6)$RU_OYW=PRH\.O/.%67/@ZYU MFF?OBB] 7CLR7LY6YLL\NRRHL(F43/SX^NT5>ZE^/KV@N.CBD1H(K][7IG 6 M\!"YO!LA=D>OY92",6<59XDLY( (1;D6I0,2I^-CFUAP$^+GTEY/S&[GFPQ7 M;2]!2D\UHWH6TER*+!HACN5@^0LKUFB7\GLWLK#@F'=%8UP@"T^(3S8)2XVM M&S;#Q1H9@97&@S59/F%Z)R5B3BC6L4N1CC9OMFG;.,3>8,!&O&E?[61B&]R* M'&BS<]KMFA]QBY]%E,UF(LH:H%GETAK!<,9=@OC#4/EN#^V^M2Z!]6Y)'>!1 MO\3D(([3>NTYD<\5W21I.(I9Q_?456X=:=B^DYM8EJFF*[479-5LG3N[ M"XW=!$:X]Y05DO9$NA]QVNX'(UFC,;4[Z>:303<;==#F/N4L,"=]'V.T;K>? M3_M]]9L 3,->G-C-J)P_!DF-*)D!PR"G^:3;;\1H.44^-I/@TMLI>'R5$J(- MRK][1LK/2E2AM2_VQOEX/#+?PM5KQ'SNWK3T;WM9'1HB]Z*!Y2D:A$3W/07"XWYOL+KAAS6"5>RD M:+LI?SKH=?/^F"9A>TJ-7&L&RJR ^=L#.-JX'EV$[AF-2>!G TYJ(/2HN-H, M!- V5\;?U:-GJS3$9T>G>8-S<=\5*Q((K'%N9RN=:>]YA4E-BDI7;YRG&*$% M 2AJ!<1*#43WZ8?M+6A" BYQDKU'(S8=@*-7''F%_H^_&F8'RA[-#'2DW;__ M6W<\^9:<8FPD@4]?Z#^C. )$/>G(0+C!B'$1_M&D[A%",>D(4:0?(8=Y/F\1-O?_2_G9#01[C@1O8LOWI1)5CK-? M%9&%;231]8_,P/#=JD$2'#/I4>@=(0?P+CLJ_W&SP[?,5D13F\_W< !!GL4H MAO!;$.Q/.W%FXL^A=."2"AFUF[Q'1X1J$0FJ4T&[&)FKNCL!Z>TQ6HGS&-#> MVK@7:#66NMCHZ[1.Y.QAA7",2[G+XMX]&:1T,DC-*X;!Q0N.EJA"1E@^K)8[ MX4XE#0LI)IZ4_1Y54'KSJ+)?_S:/IB(WS:]9U0A#;E[SZ%MW([R5&Z&N866K MPI5;4&F#LCV1V_H%-X7*F@BO"58>=T&!]H'YTQTD+))Q=^.IBF M6E(RTVLL1U]'1,W+5*6O:HK,PNNN]GJKNV2B+_5=%W^)@*+F8@F_Y QX#M;[ M =B5C07'$".7(K-P8/TRQ?%.[@C0YD^HHH4!I$?S367[HU3S5K#F MJ#&/OR?*K1SAA1%-OM])7B2)!+#XAK^XB-D[EU0HC(_-=IZ^UX9\KU7-#($Y M8@YN@1Q^I02C5UXLJ$D#=G&880.8@!#&RQ^,3(_.H<'1)AHDG'^V[>?9E:KT M:G&E?J385(:1/R=T>]&$SUY4/>.Q8_#5S@V MZ]?L*0V9P%)J9[^[XVJB3VNK%?>J+Z>7X&BL6UP9TU?$D5N5Y&- 0&%'=9PF M76>OFFH;5*=KH6353]D3U&65J#SQ:H5#:2;G=[W7JP4">KH[\IYNH.\T:[?? M=!056EI#_2Q\+%4#L)8:GA H2NA#_>.4;(/FY7?%#J.V;/!7A3S#46@F/7:# M!4W(& M7PBUVXP4WAFWT4M?+A75%L0^:(LH4]42+-1'EI*(A-/>B;D>V0S(Q M76?[E(SC),N*CF&IU)]1=V;V4>SAH]Z*Q'*?>X:O7[,FRW]5$&R\2RB:0@8N22LP['!)R=V4BJM''DOK:@>;P3[W0 M#5Z7T8O3Z&TC%NH#'?JKHB^/J+NF]XG'7&M99[2 0-!UFGM$8_7E-Y^P' VK M!]8O5/WRI)A\)7N%V5^+S)2G"A[2B6TXZ-P\^#]GUR4E*41<^IDK Z;WJUEY MOFK!^]"3K:^:]#!K"^+]3ANF/ZS>M30254S]83V]ZB<\Z*%8+6Q:7R_:PZ"N M77KA#Q:YB^[%@[7N4HRFJN1=3$XUE>Y\:;Q1961/JROE&G*2V MM&]+XGRU+!\VILAR4[KK]CP/;#2!HG:P$9(G_"C;T MA-*:C8DCQ !/:&:"Y!W)%@T+#A%66T]F_HQH$%'F2MK?\ M^[]-^J-!X+[^]W_KCOK?UOFPF6]T:N5>[QG,ESZ2SF+;-%9/Z4P\+A3;,K MQ[#Q,_W:474;C,I[$C/%CWA=XF[1^M]ITJ3W9%V3*7-0[3.UW:8L9-&)1O=Y M9\ FI=K6O"?K)D%GQ$$K6(3,6D^Y#[L);^_7A2MQD[YF$RBE^B MP>C:'.VO6 WX K;ZX)I4/$"%A50?J8]C4KS>41! Y*(9#2J=_;(S-T4@V0^X M 1^@G;@[O%W6I22D5W^96ITNN9#JUZ;FDADV"]80-UTMT?92%]-'&^5Q>!6> MM.CP704WR:4(-27Q?'C@G"6,K$SH0AJ4XP'D@DC^ZZ:6Z:D#9BWARM3I3IUC M6'NS3)H%)>Y5[*09WM<.\OE6L9L:8$6M:5_%JJXJW5B%#%X\H!BE2A56 MJ],510RC9M/U#&-B2^A9E6)17%A0MJQQ"PG!JNY99)5M1X^%KEN^$I2ZCD?1;ST*5?RZ MY9M2 ;MM?U0,N^U+6!$[GFV;L\8-J6K97[7T;;=:5\N.Y]'^#'DULQN_"WIT MFV=QO6R=[/#%P6FWQ:BYM>KJT)&BUHH;<.O)(MOQL!/"]X&&=0'N9YMQ-.5! M2DXYT+Q7HSMNL U='1QO8L!MN VWGZCMW;(%5>"[Y9M4Y3LFM#9,A!M*U_^. M6TYH$0=:KBD.WG:93)'P>%CMR4P*B+==;[^*>-L^53'QMDS+U!1O>\Y-:?&6 M[V&%\9:OJ)KA\0:U/[;I>N)M5]PK*MYV!%YE\;9LS);RCN7+-G+5CY>OVCR; MDL!;OA\4]XY,8JU8)#<9E?[^VO>S7X-BR2T;]*J)QY= &R['#>I*XRU?3=08 M#UL8U:YYG:9:5[W9C]]*#[)IN%N3PL$ZS"RO>*:FV*4W7-W2#RZ;H;]3889ZTJS_&;U7%;C4NUAB]R%']UP^UJMAXP C<>E5G$ MNBG75&F-K29^A9J:5IO60<9LJDB%:/[RD_>K>1=?MW/-^WGJ'C?OH<5.MRE/ MG=S"=@T\>1O;=?-U6]FNKZ=N9[M>GKBE=57$#VYG__NP]?V$V+9N>@:SHXFO_Y"!H [CEN M<72CN\+3 HB;'&)89CHV\2\.-7%PZ;V*T6;Y9#7U^C==^:92%N]G16WFQF*C MJ9/]3H=/5Q7!KI6QWE3*!+S7 B$A7O^(SK%R=%WIZ*8";F6!Z4H?49Z**@L' MXL5SU1V'=.=Y*EL:32N'P3@J]9@X<.;I#*FRDZ"6=(@\\P@NK8^V=H M/!E\=&#.<:K"[S6PYUB*.E?P@8D_3R?5DVA0/=I7L_4+[8I#5W+F0Z(7/ WR M0(M\M'9Y\%ZFD1IN'8,XU(#<3T="LZ!5?312LK=V\9B\T''93<2P8=76- MW+JAMWGKX/C%3]Y*;'W:VC<LU7#^")OR!SIO=C3/3"*-A(:HNOD3H$H.%\)N\X97R;K^ MQ9HRV=%&?'75[$BU2:E]A)_* 3X:1!F-TLGM\V_)?)0FM:?K MQ-SO5$ M!(N \!:5FD<& _V9*= J"A;IK)VZX6K*J*J(.OW+9R,R6;>8B).,@,GNA?3 MA95S!RK6QI]5U=@A1U'CAEP3V:]"90=(XR82!%P34MK8IY2(.I#]5E:@KK$T M^KN*!(C7K%M7DQ =32 .IXO6I_@R9W2O5)K+$U8SLH7& *H G!&M!]> $3K+X?(G%JCW>ASOL=7+,J,'3EFDT@UCP$CMUF:4$B_F, M%V MNJ"W%($E!F2H@F7__ZUT4/-%KM5\MR#G2! M4",N1:YRK9O<2(V8MX>_8C;J+W M2@ZB)487?T+J=70Z(R_*?AL:BAD$JEVD[T:#?7@QXV)RZEI.TF_$0W05F2:$6X,WF[+&-< F;EAU MI@X=KT%!F$9OI&3LYAC/C?>F'D;[<(V1K KY]I5"OB\9-\_ _H+HXZJ!1(R2 M@8G)HL5X>AYT,M:\OE8%U*7J]>4LQLKI3M(P^G@Z+"8_'I?7QK)2C>?LV?$0 M>I2D>E? &XX66@/7P)KNE@]I".5F&,CA6S^N9SU& PW)Y.DAIOT1ND5T5:PR!0"&0&$1.,@KVQB67-P\4 M1W6.WH,HW<(.Y]X-YZ8H;/6$-!S..$;N^%TF?(9UST@\=]4O'Q_0T<6?7F%9 MKTO,YH='-VMHYI)R\V2-U3)"FUAN5^SL*I,^"@O.O,$8'LW< .Q50-.#]_M!&K. MI1[+1"F:AX)L#^^6]TO#[]';/E2SED\=J9FM M1\C@NGIDM$:?J\1J>57C>?9IMF7D8\*-2ZL#0^X-J20-WSV MHG,ZGK@7GF'"B6'DB:Y!CCE"^:>A3/\O69ON::=7O3;=)/#9;[9BN\^;9ULQ M#UO5/ZW$M^II.4>4*BI[^>,/V?X!);T7P^P[=M)7D_D.1!C$4].]$S-?%[G-1 MK)$)&#K&%AK2=2)MNZV$X-:1 +V)G5O\9UW#YP$D7H*TWQ:+_3SEW&\B V46 M:^UW8_YVX!9&4W $JX6)AA-)XQ3VDU>;;?+\;EG<@"I>S-G<\ $TD3D,G^N! M%25AO41R[&T!8!U,U M1Q[$Q*MWY\_3BIG8; ZJJ!06X.S@J'U5$(+U"OA?P;$BM5\7Z_D=5@*(K'3L MW\0\_,4GLH(<;"(GBR%5@M\I_2:IP#QY[F\AT#SIE,Z?]0Q3>;[A M,G<^^S1;KHCWX'@5@"#7)G0C/-L2LT[2IMI.I.8;^])\L]DN3,18Z[EU4M:9 MIT]80'MY.QPT/1H-"HP;A1-?S3R M8Q%15/$^%I@T)&HZ%[1$&_YL5>A@W&;S[25KEZII?)01)QG(-*U&R-LXO!8% ME0^\5LL/ [M1@PW0-B'>@B8VI2JJ(5O-[=VN/?'_7B-O:&.LG.+O-Z0]W,(YS5VWIQ*?K_8L8K[9;&\QQH.*%6_6:ZXJFOV\W-T9+QBEIG-? MUH39H!3SE0D19,07$DN NK"/527 DE\.S+"N)S6-^U2L*;R>%GJ!TC86Y2)I MJ2I<)5W/Y6U:;L1@Z5255,-T?C)R,B$6*U/PFX32:]]J4OB;*KCA$?T\P[R! MJ#%GE7Y-U4J@V2?MQY,;^IK5IS=>P5F$/MPI?=KXO[K%)TT$Z&6?*FIH3ENT MJ^GB%?YI.'(^K^.J!$3S: 1NB 'XVLK&\ SS)M,Q?)TAHX' M(_6&&VM?+18#1M,+]%SM5RWT<[5?L6&IYND',(M;C($D3V9*06ZW)$W;;+,, M3=ML,_4:P;KEA&M;:C7-VI8J#V+0"G,,WV13-Z?3-I7$#36?0D%,TGE## M]AK/KRDG2T_W$FTX)]^1!'6NK^Q&@354KZH[:1!*PB$X@G(RYQ*L<<#,"EKK M>P$S%>Z"AZVMDS5,?SEN'#M6VQ.OSW6\/DIM1F08_9S4I,O.,$ZQ'F"A82A+ M*N8;+85-B_4YH;*(R\\]&P\7N$3"='LI MH8)4.!?9_VI9[,F310[*@SY?-A-ND1DC>(!S9%KA%_EJ3<=?.,=HPR2]8DS3Y[?)4H?5+UJAY6+'(8G?K/..&YO M5U00M-VKQ9Y8"08ZF?"$0[NEAL*NR4\<\7XPOD$=GB,.4#^V4>F)U>+3\XFQ MCY1W5(J(SEGW7/Y36JS:W*2Y0Y\[VS8J+KL5'STXT73ZL"I0$6^ZRRAA5D:A M:\+5<.4J&!P":\&%Q!3#X6CI1QA1^[[BF1[5P$H$@Q!.@LH-2;_>3[_.(:$? M))+XUTS_G>0M;A$BQM$HU$/3M(2C-N)I0L&WB*R+_ R!R($(YJ2N[Q]0W5R) M=HX[N4$RPO1))7YDC@M40DS.8U45Y9>Y&.2/IQ"45FW(\F(67>H\'^3,<@8>AL\'[=/:?(TARW-(:]ZM5=1C3(>0!>>(ZF,,R4)VJ))#]TD M1&BJA^'3.J@0$>+VG]9\O+W581\5LSIYZMJE^TZ[8FI%WW'2M:C?J(EE"1^K MJFA9)U=WDX67NKW4IWY+U0.+GTN/[+7 R>"#;$FE:-87XGE8#=R,67%7 W M@1I8) !2;,V0=GVT7GPO7>G2I2N]]A+!D5?O=Q:%)]&JWIXZRU8_G:IV63S8 MC+((*OBYQEAGKS*77V1BB751:[BJ\!2J)R)0C-JGPTB!2(4*,AZK^M\N0>J M+EL,]2T;36:[[-V2M<+$.W\MR]W_\W\ 4$L#!!0 ( -:*J$I@9 (2IP( M .40 - >&POY7=[BGV*'N2^2,?D X8;)W(#;'/\?F?GV,[ M.F:4JC7%=PN,%5@QRM,0+I1*7GM>.EM@AM*V2##7GEA(AI3NRKF7)A*C*#5! MC'H=W^][#!$.QR.>L1NF4C 3&5'_Q_',FU-4SX)ZM%ZV6 M?W]Y5;=?6,G\NVO9WZVI?3;JW0SH?KI6*R%I@?W^@[V_& M^H_R#HZ;TIX9U81?'1#^^?7[CB6H/+]=A.%QPNU]TG7J@7] _,>WG=JE:X=T M<.3FV;]]Z@LYZ!AY+S\$XU$L>'46NM 9='[$,%@B&L)K1,E4$A,5(T;HVIFM MS$Q0(8'2AU#S6>[TP;D#US/G,]=AA MI<[L,[G>:#Z\YBIX!))26@!WH#.-1 M@I3"DM_HCAULC8]<(&]/UHDFG$NT#CH]6 78ATXR%3+"LDP3P,(T'E$<&QQ) MY@OS5"+QC%,IP70C(F@N.+(,143>T+(S3.F=^7A]BK>T5S%P8\R2^! 8BJ*I M9YTWJU6SN\W;5'/:F[*#DW1!0I9"OHR ,60I('K6>VRDP;L(1@B:4BLTW+%XF2"5ZI8CNM MXE.9.PUD_M?O>8XYEHAN0NN]?\YO^3\3=P=_CVR_*G7@\WJK3XUHJJ4&0/:: M -EO F0#CHVI2L\>LCL\?T93A9\_Y* )GTE]+V@ 9.>)(;V\[-VHK;<[4)X4=SLZ);]6U58&MYA:84;^OKV C'**/JUDS1.D-8 MM=\;\*!?CIJ4$B&LVA]P1#)F+Z=>]K'@T':+[6M>F_A0Z;^RSF>O[T]Z@%X[KDP.[ M3M\^-T3'[O\PU8N%SEJ9H-E#,KW=BZ\@_VR?=$I4MSVGL[1.BJ$%G5 MV.957%>;KL*Q/=%=^KHX[47A>Z.;<,ZS]?9^97K"'=OPA[LNHA:<#_)B,IY- M;JY'PWDV$N?#F^'X(A.SJRR;SPA@# #CG0&*O:DFD F 3'XCY&P>/FZS<0"< M7(K)-+LCD!) RIU!7DQNIP12 4BU"\B.\6HX_HM I@ RW=V=',ZN".0!@#S@ MA9RXI:[LK\]KS2$@.N0EFJW+4KM742_$S"XK&T[387D\ MD+?&+8T3JE$>.Z,5Y,]:ON -[ID#XB9G]<:NO$ M3[U:FW9R7-I*5[D-HWU=^<:M2XJ)!!(Q&V1DG'W6;4SENZ#FRA3+,,AA!HB)C%,7O0 MSNR?:V_:T2U#3_ZS>V.DCYA9'YEV5;LBBVG06P=+R9 T8F9IS-;WWOR];E.E M[+F=(10,IA[,TH !2YQ03&2/F-D>&%-23&2/F-D>7R,KL3=O+>S_H(C('#&S M.5"(%6 I)I))S"R3[<',UKN)=!(SZP1&-?$AQ41.B9F= J.:^(AB(K_$S'Z! M$838HX40I)F$/4OY+H;HGD^*B9R3<#OG&UO_-XDH)C)0PFR@K]+>-LL36/IB MM@^M,XA],=;.=9-)[(U,HVE6GR#[),SV@9),%,5$!DJ8#80Q4XJ)#)1P&^BK MR^G04TQDH(390%LQW[5$,9&!$F8#0S%>K6Z"&V3ZJ;6 M;7O7Q]L[KF?_ E!+ P04 " #6BJA*;.FO/C," #+)P &@ 'AL+U]R M96QS+W=OL 227 8Q-Y]A )LGA7#82! HW/M7'X@AG[[E>AA.M7O!L7C']Y[_+_K&_W^],V M?VVW/R^Y&3ZH^+N@"A\'R7R0T(-T/DCI038?9/0@GP]R>E":#TKTH/OYH'MZ MT,-\T ,]Z'$^Z)$>%-= QC4_"6'-USH"KB/?ZPC CGRQ(R [\LV. .W(5SL" MMB/?[0C@CGRY(Z [\NV. ._(UUN WL+76X#>LL"]-KK9YNLM0&_AZRU ;^'K M+4!OX>LM0&_AZRU ;^'K+4!OX>LM0&_AZZU ;^7KK4!OY>NM0&]=X*P$'9;P M]5:@M_+U5J"W\O56H+?R]5:@M_+U5J"W\O56H+?R]3:@M_'U-J"W\?4VH+?Q M]3:@MRUPUHT.N_EZ&]#;^'H;T-OX>AO0V_AZ&]#;^'H;T-OX>CO0V_EZ.]#; M^7H[T-OY>CO0V_EZ.]#;%WA6B1Y6\O5VH+?S]7:@M_/U=J"W\_5VH+?S]4Y M[\37.P&]$U_O!/1.?+T3T#OQ]4Y [\37.P&]TP+OFJ"73?AZIXG>Y5CW>?=] MZ$_-H=RZY)_AG]9,X"[#^SG?/N,Z]=/]$Z6'<4L.U\^;JW.=^B7!E&ULS=K+3N,P% ;@5ZFR18WK*Q=1-L!V!FEX 9.<-E&3V+(-E+QVF[O$?&U9Y&HLV!X3OMXXGN?[_CY1"&U-/XKF M5JNVHMI5CWV^I8P^D*UC0Y3ZKHR-#53_2Z$=UF]Y[VQ(?VR?&[-MQSXM*(^7 M([UTM#O 5#GDY)2W!>T:-15>/_FO!K[OALH%FON0JR&U.QXO1[K+UML-W M21ZD !D;V-0&UL4$L! M A0#% @ UHJH2H.OH"OO *P( !$ ( !F0$ &1O M8U!R;W!S+V-O&UL4$L! A0#% @ UHJH2IE&PO=V]R:W-H M965T&UL4$L! A0#% @ UHJH2COT:'\9!0 -1H !@ M ( !@PL 'AL+W=O>O4P( #X( 8 " =(0 !X;"]W M;W)K&PO=V]R:W-H965T&UL M4$L! A0#% @ UHJH2E^%^^ZZ @ V0D !@ ( !AA< M 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH M2C6I8LRP 0 T@, !@ ( !X", 'AL+W=O&PO=V]R:W-H M965T&UL4$L! M A0#% @ UHJH2NM>#:FT 0 T@, !D ( !ABL 'AL M+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH M2DC(:0"T 0 T@, !D ( !23$ 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH2M JS*VU 0 T@, M !D ( !"C< 'AL+W=O&PO=V]R:W-H965T$Z !X;"]W;W)K&UL4$L! A0#% @ UHJH2JH4(Z"U 0 T@, !D M ( !S3P 'AL+W=O&PO=V]R:W-H965T M&UL4$L! A0# M% @ UHJH2KWXDOZX 0 T@, !D ( !V$( 'AL+W=O M&PO=V]R:W-H965TB^VGS@$ )P$ 9 " <1& M !X;"]W;W)K&UL4$L! A0#% @ UHJH2KM! M0*'& 0 -P0 !D ( !R4@ 'AL+W=O&PO=V]R:W-H965TJ@?[]@$ ,L% 9 " =I, !X;"]W;W)K&UL4$L! A0#% @ UHJH2HD@=R:X 0 T@, !D M ( !!T\ 'AL+W=O@,3&[,! #2 P &0 @ 'V4 >&PO M=V]R:W-H965T!2 !X;"]W;W)K&UL4$L! A0#% @ UHJH2N'R;N;! 0 -P0 !D ( ! MW50 'AL+W=O]+@N,$ # &@ &0 @ '55@ >&PO=V]R:W-H965T]; !X;"]W;W)K&UL4$L! A0#% M @ UHJH2J[J:*:* @ ]P@ !D ( !>%\ 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH2N<+E6(> @ /P8 !D M ( !"'$ 'AL+W=O&PO=V]R M:W-H965T M 9 " 9!U !X;"]W;W)K&UL M4$L! A0#% @ UHJH2CH-YO^-#0 X&D !D ( ! 7L M 'AL+W=O&PO=V]R:W-H965TP='P0 &L8 9 M " 2F+ !X;"]W;W)K&UL4$L! A0#% @ MUHJH2OR!11#B 0 I 0 !D ( !?X\ 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH2KM94S8_ @ FP< !D M ( !PZ( 'AL+W=OL",B!\" #]!0 &0 @ $YI0 >&PO=V]R:W-H M965T&UL4$L! M A0#% @ UHJH2IX2I"A, P L0\ !D ( !,ZH 'AL M+W=O5EFNL0# M #9$0 &0 @ &VK0 >&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH M2B9VK\G)" ASH !D ( !0K0 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH2EJ$+%HD @ ( 8 M !D ( !"LD 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ UHJH2O!1)#Q/ P ]0\ !D M ( !5M$ 'AL+W=O&PO&PO&PO7W)E M;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4 " #6BJA*@:;^./D! 8 M)P $P @ &\N0$ 6T-O;G1E;G1?5'EP97-=+GAM;%!+!08 1 2P!+ '\4 #FNP$ ! end XML 79 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 80 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 82 FilingSummary.xml IDEA: XBRL DOCUMENT 3.7.0.1 html 490 396 1 false 191 0 false 15 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://globalnetlease.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - CONSOLIDATED BALANCE SHEETS Sheet http://globalnetlease.com/role/ConsolidatedBalanceSheets CONSOLIDATED BALANCE SHEETS Statements 2 false false R3.htm 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://globalnetlease.com/role/ConsolidatedBalanceSheetsParenthetical CONSOLIDATED BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Sheet http://globalnetlease.com/role/ConsolidatedStatementsOfOperationsUnaudited CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Statements 4 false false R5.htm 1003000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) Sheet http://globalnetlease.com/role/ConsolidatedStatementsOfComprehensiveIncomeLossUnaudited CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) Statements 5 false false R6.htm 1004000 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) Sheet http://globalnetlease.com/role/ConsolidatedStatementOfChangesInEquityUnaudited CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) Statements 6 false false R7.htm 1005000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Sheet http://globalnetlease.com/role/ConsolidatedStatementsOfCashFlowsUnaudited CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Statements 7 false false R8.htm 2101100 - Disclosure - Organization Sheet http://globalnetlease.com/role/Organization Organization Notes 8 false false R9.htm 2102100 - Disclosure - Summary of Significant Accounting Policies Sheet http://globalnetlease.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 9 false false R10.htm 2103100 - Disclosure - Merger Transaction Sheet http://globalnetlease.com/role/MergerTransaction Merger Transaction Notes 10 false false R11.htm 2104100 - Disclosure - Real Estate Investments, Net Sheet http://globalnetlease.com/role/RealEstateInvestmentsNet Real Estate Investments, Net Notes 11 false false R12.htm 2105100 - Disclosure - Credit Borrowings Sheet http://globalnetlease.com/role/CreditBorrowings Credit Borrowings Notes 12 false false R13.htm 2106100 - Disclosure - Mortgage Notes Payable Notes http://globalnetlease.com/role/MortgageNotesPayable Mortgage Notes Payable Notes 13 false false R14.htm 2107100 - Disclosure - Fair Value of Financial Instruments Sheet http://globalnetlease.com/role/FairValueOfFinancialInstruments Fair Value of Financial Instruments Notes 14 false false R15.htm 2108100 - Disclosure - Derivatives and Hedging Activities Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivities Derivatives and Hedging Activities Notes 15 false false R16.htm 2109100 - Disclosure - Common Stock Sheet http://globalnetlease.com/role/CommonStock Common Stock Notes 16 false false R17.htm 2110100 - Disclosure - Commitments and Contingencies Sheet http://globalnetlease.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 17 false false R18.htm 2111100 - Disclosure - Related Party Transactions Sheet http://globalnetlease.com/role/RelatedPartyTransactions Related Party Transactions Notes 18 false false R19.htm 2112100 - Disclosure - Economic Dependency Sheet http://globalnetlease.com/role/EconomicDependency Economic Dependency Notes 19 false false R20.htm 2113100 - Disclosure - Share-Based Compensation Sheet http://globalnetlease.com/role/ShareBasedCompensation Share-Based Compensation Notes 20 false false R21.htm 2114100 - Disclosure - Earnings Per Share Sheet http://globalnetlease.com/role/EarningsPerShare Earnings Per Share Notes 21 false false R22.htm 2115100 - Disclosure - Subsequent Events Sheet http://globalnetlease.com/role/SubsequentEvents Subsequent Events Notes 22 false false R23.htm 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://globalnetlease.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://globalnetlease.com/role/SummaryOfSignificantAccountingPolicies 23 false false R24.htm 2302302 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://globalnetlease.com/role/SummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://globalnetlease.com/role/SummaryOfSignificantAccountingPolicies 24 false false R25.htm 2303301 - Disclosure - Merger Transaction (Tables) Sheet http://globalnetlease.com/role/MergerTransactionTables Merger Transaction (Tables) Tables http://globalnetlease.com/role/MergerTransaction 25 false false R26.htm 2304301 - Disclosure - Real Estate Investments, Net (Tables) Sheet http://globalnetlease.com/role/RealEstateInvestmentsNetTables Real Estate Investments, Net (Tables) Tables http://globalnetlease.com/role/RealEstateInvestmentsNet 26 false false R27.htm 2306301 - Disclosure - Mortgage Notes Payable (Tables) Notes http://globalnetlease.com/role/MortgageNotesPayableTables Mortgage Notes Payable (Tables) Tables http://globalnetlease.com/role/MortgageNotesPayable 27 false false R28.htm 2307301 - Disclosure - Fair Value of Financial Instruments (Tables) Sheet http://globalnetlease.com/role/FairValueOfFinancialInstrumentsTables Fair Value of Financial Instruments (Tables) Tables http://globalnetlease.com/role/FairValueOfFinancialInstruments 28 false false R29.htm 2308301 - Disclosure - Derivatives and Hedging Activities (Tables) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesTables Derivatives and Hedging Activities (Tables) Tables http://globalnetlease.com/role/DerivativesAndHedgingActivities 29 false false R30.htm 2310301 - Disclosure - Commitments and Contingencies (Tables) Sheet http://globalnetlease.com/role/CommitmentsAndContingenciesTables Commitments and Contingencies (Tables) Tables http://globalnetlease.com/role/CommitmentsAndContingencies 30 false false R31.htm 2311301 - Disclosure - Related Party Transactions (Tables) Sheet http://globalnetlease.com/role/RelatedPartyTransactionsTables Related Party Transactions (Tables) Tables http://globalnetlease.com/role/RelatedPartyTransactions 31 false false R32.htm 2313301 - Disclosure - Share-Based Compensation (Tables) Sheet http://globalnetlease.com/role/ShareBasedCompensationTables Share-Based Compensation (Tables) Tables http://globalnetlease.com/role/ShareBasedCompensation 32 false false R33.htm 2314301 - Disclosure - Earnings Per Share (Tables) Sheet http://globalnetlease.com/role/EarningsPerShareTables Earnings Per Share (Tables) Tables http://globalnetlease.com/role/EarningsPerShare 33 false false R34.htm 2401401 - Disclosure - Organization - Narrative (Details) Sheet http://globalnetlease.com/role/OrganizationNarrativeDetails Organization - Narrative (Details) Details 34 false false R35.htm 2402403 - Disclosure - Summary of Significant Accounting Policies - Narrative (Details) Sheet http://globalnetlease.com/role/SummaryOfSignificantAccountingPoliciesNarrativeDetails Summary of Significant Accounting Policies - Narrative (Details) Details 35 false false R36.htm 2402404 - Disclosure - Summary of Significant Accounting Policies - Schedule of Error Corrections (Details) Sheet http://globalnetlease.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfErrorCorrectionsDetails Summary of Significant Accounting Policies - Schedule of Error Corrections (Details) Details 36 false false R37.htm 2403402 - Disclosure - Merger Transaction - Narrative (Details) Sheet http://globalnetlease.com/role/MergerTransactionNarrativeDetails Merger Transaction - Narrative (Details) Details 37 false false R38.htm 2403403 - Disclosure - Merger Transaction - Fair Value of Consideration (Details) Sheet http://globalnetlease.com/role/MergerTransactionFairValueOfConsiderationDetails Merger Transaction - Fair Value of Consideration (Details) Details 38 false false R39.htm 2403404 - Disclosure - Merger Transaction - Fair Value of Assets Acquired and Liabilities Assumed (Details) Sheet http://globalnetlease.com/role/MergerTransactionFairValueOfAssetsAcquiredAndLiabilitiesAssumedDetails Merger Transaction - Fair Value of Assets Acquired and Liabilities Assumed (Details) Details 39 false false R40.htm 2404402 - Disclosure - Real Estate Investments, Net - Schedule of Business Acquisitions, by Acquisition (Details) Sheet http://globalnetlease.com/role/RealEstateInvestmentsNetScheduleOfBusinessAcquisitionsByAcquisitionDetails Real Estate Investments, Net - Schedule of Business Acquisitions, by Acquisition (Details) Details 40 false false R41.htm 2404403 - Disclosure - Real Estate Investments, Net - Dispositions (Details) Sheet http://globalnetlease.com/role/RealEstateInvestmentsNetDispositionsDetails Real Estate Investments, Net - Dispositions (Details) Details 41 false false R42.htm 2404404 - Disclosure - Real Estate Investments, Net - Schedule of Future Minimum Rental Payments for Operating Leases (Details) Sheet http://globalnetlease.com/role/RealEstateInvestmentsNetScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesDetails Real Estate Investments, Net - Schedule of Future Minimum Rental Payments for Operating Leases (Details) Details 42 false false R43.htm 2404405 - Disclosure - Real Estate Investments, Net - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details) Sheet http://globalnetlease.com/role/RealEstateInvestmentsNetScheduleOfRevenueFromExternalCustomersAndLongLivedAssetsByGeographicalAreasDetails Real Estate Investments, Net - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details) Details 43 false false R44.htm 2405401 - Disclosure - Credit Borrowings - Narrative (Details) Sheet http://globalnetlease.com/role/CreditBorrowingsNarrativeDetails Credit Borrowings - Narrative (Details) Details 44 false false R45.htm 2406402 - Disclosure - Mortgage Notes Payable - Schedule of Long-term Debt Instruments (Details) Notes http://globalnetlease.com/role/MortgageNotesPayableScheduleOfLongTermDebtInstrumentsDetails Mortgage Notes Payable - Schedule of Long-term Debt Instruments (Details) Details 45 false false R46.htm 2406403 - Disclosure - Mortgage Notes Payable - Schedule of Maturities of Long-term Debt (Details) Notes http://globalnetlease.com/role/MortgageNotesPayableScheduleOfMaturitiesOfLongTermDebtDetails Mortgage Notes Payable - Schedule of Maturities of Long-term Debt (Details) Details 46 false false R47.htm 2407402 - Disclosure - Fair Value of Financial Instruments - Fair Value, Financial Instruments Measured on Recurring Basis (Details) Sheet http://globalnetlease.com/role/FairValueOfFinancialInstrumentsFairValueFinancialInstrumentsMeasuredOnRecurringBasisDetails Fair Value of Financial Instruments - Fair Value, Financial Instruments Measured on Recurring Basis (Details) Details 47 false false R48.htm 2407403 - Disclosure - Fair Value of Financial Instruments - Level 3 Reconciliation (Details) Sheet http://globalnetlease.com/role/FairValueOfFinancialInstrumentsLevel3ReconciliationDetails Fair Value of Financial Instruments - Level 3 Reconciliation (Details) Details 48 false false R49.htm 2407404 - Disclosure - Fair Value of Financial Instruments - Quantitative Level 3 Inputs (Details) Sheet http://globalnetlease.com/role/FairValueOfFinancialInstrumentsQuantitativeLevel3InputsDetails Fair Value of Financial Instruments - Quantitative Level 3 Inputs (Details) Details 49 false false R50.htm 2407405 - Disclosure - Fair Value of Financial Instruments - Fair Value, by Balance Sheet Grouping (Details) Sheet http://globalnetlease.com/role/FairValueOfFinancialInstrumentsFairValueByBalanceSheetGroupingDetails Fair Value of Financial Instruments - Fair Value, by Balance Sheet Grouping (Details) Details 50 false false R51.htm 2408402 - Disclosure - Derivatives and Hedging Activities - Schedule of Derivatives in Statement of Financial Position, Fair Value (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesScheduleOfDerivativesInStatementOfFinancialPositionFairValueDetails Derivatives and Hedging Activities - Schedule of Derivatives in Statement of Financial Position, Fair Value (Details) Details 51 false false R52.htm 2408403 - Disclosure - Derivatives and Hedging Activities - Offsetting Assets (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesOffsettingAssetsDetails Derivatives and Hedging Activities - Offsetting Assets (Details) Details 52 false false R53.htm 2408404 - Disclosure - Derivatives and Hedging Activities - Narrative (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesNarrativeDetails Derivatives and Hedging Activities - Narrative (Details) Details 53 false false R54.htm 2408405 - Disclosure - Derivatives and Hedging Activities - Schedule of Interest Rate Derivatives (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesScheduleOfInterestRateDerivativesDetails Derivatives and Hedging Activities - Schedule of Interest Rate Derivatives (Details) Details 54 false false R55.htm 2408406 - Disclosure - Derivatives and Hedging Activities - Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceDetails Derivatives and Hedging Activities - Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance (Details) Details 55 false false R56.htm 2408407 - Disclosure - Derivatives and Hedging Activities - Foreign Cross Currency Derivatives (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesForeignCrossCurrencyDerivativesDetails Derivatives and Hedging Activities - Foreign Cross Currency Derivatives (Details) Details 56 false false R57.htm 2408408 - Disclosure - Derivatives and Hedging Activities - Disclosure of Credit Derivatives (Details) Sheet http://globalnetlease.com/role/DerivativesAndHedgingActivitiesDisclosureOfCreditDerivativesDetails Derivatives and Hedging Activities - Disclosure of Credit Derivatives (Details) Details 57 false false R58.htm 2409401 - Disclosure - Common Stock - Narrative (Details) Sheet http://globalnetlease.com/role/CommonStockNarrativeDetails Common Stock - Narrative (Details) Details 58 false false R59.htm 2410402 - Disclosure - Commitments and Contingencies - Operating Ground Leases (Details) Sheet http://globalnetlease.com/role/CommitmentsAndContingenciesOperatingGroundLeasesDetails Commitments and Contingencies - Operating Ground Leases (Details) Details 59 false false R60.htm 2411402 - Disclosure - Related Party Transactions - Narrative (Details) Sheet http://globalnetlease.com/role/RelatedPartyTransactionsNarrativeDetails Related Party Transactions - Narrative (Details) Details 60 false false R61.htm 2411403 - Disclosure - Related Party Transactions - Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services (Details) Sheet http://globalnetlease.com/role/RelatedPartyTransactionsScheduleOfAmountContractuallyDueAndForgivenInConnectionWithOperationRelatedServicesDetails Related Party Transactions - Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services (Details) Details 61 false false R62.htm 2413402 - Disclosure - Share-Based Compensation - Narrative (Details) Sheet http://globalnetlease.com/role/ShareBasedCompensationNarrativeDetails Share-Based Compensation - Narrative (Details) Details 62 false false R63.htm 2413403 - Disclosure - Share-Based Compensation - Schedule of Share-based Compensation Arrangements by Share-based Payment Award (Details) Sheet http://globalnetlease.com/role/ShareBasedCompensationScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardDetails Share-Based Compensation - Schedule of Share-based Compensation Arrangements by Share-based Payment Award (Details) Details 63 false false R64.htm 2413404 - Disclosure - Share-Based Compensation - Schedule of Total Return (Details) Sheet http://globalnetlease.com/role/ShareBasedCompensationScheduleOfTotalReturnDetails Share-Based Compensation - Schedule of Total Return (Details) Details 64 false false R65.htm 2414402 - Disclosure - Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) Sheet http://globalnetlease.com/role/EarningsPerShareScheduleOfEarningsPerShareBasicAndDilutedDetails Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) Details 65 false false R66.htm 2414403 - Disclosure - Earnings Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) Sheet http://globalnetlease.com/role/EarningsPerShareScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareDetails Earnings Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) Details 66 false false All Reports Book All Reports gnl-20170331.xml gnl-20170331.xsd gnl-20170331_cal.xml gnl-20170331_def.xml gnl-20170331_lab.xml gnl-20170331_pre.xml true true ZIP 84 0001526113-17-000008-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001526113-17-000008-xbrl.zip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

,]"Z=+IMWC>O$[\5-D),XA, M$ZPQ0&%BF$')\%8\#>&3[Y)2*CNO+H@&N[8X6THR@*<*W)<WSC>1\D,N,N;M?EIT<^F7#;E\$=G%G\&7KQ$?[#[C'D0\U_ M"UNAJA@UL>FX#L#5DG5]DPDE2>UK_>TS^U66XJ.#^RYMIL$6'Y#5+!5^.Q2>;^7PB<\]"RK];5UJ+50]CU8^AH^RVOJY1:6 -2>D-1$-*E@';0 M(_=M+\)=5TE2E*=,B[SF,EX7$!\?M^QI9+Q+'(A$9N/R/I MXM)S<:%!;NLG@THT[F10$JB7D>P)98]?Q)*)^RD%_"1 ^>&_@0=6$-(YEW'#E2@ ,068BP2F M6*B8,#9 "DXF;-)X8()PT3(=-.<$/*@(-(R+N=K\[&LJ8E-@84@?8"PB!:"? M:706NG*67YL=Q$E9O!;K)]MRW>BJ=E;B<(J',0N?[D;@,,Z#_3+4/I,72->& M:RKQ/Z6]RV[(=J*".RLRKO)-#YN9;'_C5F3BF6T(_3QRCEF$V!M[[,JY/1O? M 69&Q9MFFQ[*3"-,-OT!IVJ9ZI9/X=(LH+X>;']/79+=H33I%438 ]2>J&4) M,[4#]+>%X@V593"_PJ:^1:$6B9I9D-M]B5.$#Y=YP<3?Q:78$+%[$[Y8?:F6?SAVZYX%P M\&:Q,:H^8Q[DZ$VG=.R)DR3FH I'#:XJ#WRY$M1^S*6P6ERO' MV"7/H;2=>,797Q*/)XD^2!Z90NQCR")U]'_8G(S#J<1ML:1SN)6#!V^9"70 MID$X,A)8Y*R3!-0PF$R$51Q3-TO>_2<%*+ZG]H!@IG=GZ"ALMB8QNTVHY[\&6ZP\EN1H4 M7JC)]@QLEY;X//(3F#3QR@3WM.*.BOU7]D(X6$E<.J_%OHTGT^1;.$[<9OML MLC93)^G'VA'';N&%37>SAYH+[(<7]=R);4_9!#SH7E_:Y:GSU%]HLI6)&G0/7B&%?_TC..">N^*Q"ZZLLDM;/&;I0S.AT^) (.S -D1<;XSRF\O_X0FD+1YJ3QFC)(FB^F2ZGZN M:\LKMZU9S$Y^C\SVP>OJ[P; .?LU"VK!=XH;"VO&W!X_^\ZO[SKO^.MX1MS\ M]>9^P;,W3AX_0@YD7CN.;7%\,HOIQ_R/A84D^O5RLP5X*_=)4\, M:J*UI"[JX8>%W.KF$]26JUP8)TYBYX#$VH3J M#A] (/>NX^MN;:0JNCJ=T9LLZOM]:5U,$;(+F[:/LG1:(3PU5':&Q5X1W$@* MA]N!-MP>,PF>\U!WS?W$EEQ<5(#>'797[59E&N$Y2 MZ7WI'I#VAO0\]?+PWXGW(^$5"OG)Z)1GZ'!_"+V@/7I!]JM>T!O[':D(;^ 3 MR;=DMFU:SI+L2!E-2#; 314U/8@-K E-3_O=WET($5X)1,+#P80X1T4G*LH@]GI(-."3,L&K2?NH>))UBY$5%.7NP5!SV!G>J4U]$EW[?/AK:5* M%;TZ/#6BOVTZARX&==M4"2E';PB]H=>Q.+%,Q]F=(ZD^>SGA&ITXKAT$UJ"G MU.T>PAK5AB QZZK"W,XEOIB0\(V^DRHV2RJ"E9[PBXTEY3GERUV MZP-PW)Z7[H[7Y[SG4!#RY&GRPI-FTCCK7YHU*%K>P!L=,W3,UL*"5UY LFI_ M9)7N9ND"Z@G/"%MS)F6;M''39D@A<)6S3^O&!#G,6QB'*2PBNR1!Z.V8R G\ M?!/8-^55BH=[R'A2R=[NUH!J(77H#N\,X9>B^GVE;%O1)0;=W7WOZ9M86@Z[ M?=^;+5-%I21:I9]Y18=EW]_;P&36^Y%=&XI__?4"1Y=>/ MWK6NT[QI%FC0\ MEE=QL=0J+XN=F:7<-@@7V?"M<'PDT T5.@26:S#ONP"5<%V?Q+$W\7A5 MOYR2Y[T88*<(O5SJC;?5>[R8%UL/:EV]\P]>:%^Y2POFEL)*><4>+.I]PFZP2.=QTDC4&0XW;S7B=^7&8MSG;<@[C M)OKK,IGMRU6LB$+K42A;F$G=;Z!CUY06AU)SC??F&L-4&[]C24!Y7BTVM"Q/ ML J(M6AMR8WP&'I7^;&$RN(*;VNO4T@<-SY[@3=-I\;W-P^%9#^O4F5[)P*- M:88&E'TU(M%>P!7G:B^YD:3S!="!*.1O!&SXQH3WS&*.63 FD?%"2=;1L.R6 MK4M_N[PQ6%XY313,I5GOA0>H"<_;V>38B+YCLQF3.0#7%!O0*?1Q@XO\S*F: M1.&T*-$NVH#$99U=7G\^Y@MT7HJ7P2T<75A08NCG&N=]RB.>^0.K'PD"Z"') M!U3;5\*&;/'@Z*QO/6*Q[SR^)]M1-XH^J8=A5> MIR1Z\ (Q2)(F8?Z&(-_Y.\H6@1V,M"X".U2_".S15Z&\P;*36':RZ;*3PJD"VMW>9O!+,G2(X2: MLAL5L*TADBI&J&D1B0%NJW$BVMRST4JSD1B@ML?%1>]@H-U#T-:5.>V#S*R! M979MNW' M) ;N Z#R':U_D/TBN5[Q2M#Q7; ZK"5O1S;['2DR8HJ\G\0$Z*0 M:]2P;1FA-ZF0T6E/R0[;Z9K#H;1"@UBW0XWUO%EK9$M+SD"CTVI/9V#V1SWT M=-#3V<"VR"N_K0YD^AJ=-GDZ/;._?@G M-M"Y)NH@M")285V4=.BD:)M6US&=_OZ*WZ@B#Q+M\^J"$L\.V;#H.^F0KS94V^B!Z_$7L)R MN9#ML-.RZ^\0"=I;$0DJMQ3<3M UY["SSJV3YZ-VU=^6T2-9_B_("P2JYX?0TCAXME1[/OC/*O-"]QP M2F&"(2TU(O!H'^ Q(7N*)\%GN7%44BT0JW/:^9.4.QEA9#Q$E"2BZE@MN7[S M!^7%"7S?F(51,F'W":LE5.1DZF5[NLQGX!\^U[*UN%R,J1N*4@ ?80'?0YJR MM.([\BJ/O*JT&RBDI4B"J>_%2%Z)>64]D?YALJM"R:Z=PV:K=K7Z>4V8 M2[VX.<0'\U875EF#+:Y;[-DP!WWY=1? :UE_K M=+A(&>F/&HJ;DN)F#4_[:XN;)KO^/2P+?.\0?T0/#YD1Q ?Q41V?!AU]2WN3 M?D=_$&S\>&@550BX9CVN_Z^%B*&H*2EJEG7:W<:YQV!7(4<8[+JNRZ!PL.ON M]E9F/&H>26P$85*/?;(Z?X)0(=%6:>4] MUP@1A! N]HX7,FAGU.7-UG:/0,V__^>?T_C# R&SC]\I\:]X\-BE%[M^&*<1 M96Y=NSD=GYW9W=-:[N#X?7=I6=W1Y/KJ^O+YV.IUW?YF3C-*:MQ6.RZ#[*7MI6W M,XBGC/(7S#PQV_;)FWJY> ;0E(0]-;.8)LR$ M!J W\.Z4K1FW"3.$H@MFUBO+7/KT9M[+Q6.(32:>[_$X7FARPA:+-&*V% )^ MX4L32GG3L7OZ2/S)W"A.#>S0VF2'UDVW*9MT@#]J2=[:+PEG$N] M)W!"8M&I)^_",R.9OR-M^-:IHRJR=@/(5EKRS6%J0DL^9I83[XGZ+_MJ0+2W MG(A<)SV1"!&'#(0'RM8X(TI^6?([LU7(_8A'$K% MS'8F;/F*H0F566MOR'L:YUU295G7[G!@VKW%2D9;R4'^#/DRLKB\-O(,EM4S M1WU)*T(Y#[?,6Z#_2J'G5M83+9L6OETJGM6+XU3T\:I.%L]42\ MGM H$I]# M5RX&0\KW7M"9,HS8SWR5E*1R2V?)W!)D2UV!Y,B;;9G.8+$\TK9V)],K,14< M=+;?@XT_;X[*0*^Z0"9<(3KA2AF T^F9W24-)K=Z&#[X4I@JPC+ETRJTBDYG M?OA"A>-W]MWXS0_O^>Y>5B*C3%V:>Z1E%H%[I7EFIYPG8$[VL"MI4@K1JGK5 MO/,?'S W9_B\25ZL>[O]IJ#H?KQJSZVTJ]91)^\,(W]EP^9 MG;CP21P;YYG: 3FIWJ@+JS!+HS@EI8/ /CA[B"AO@)XW&"V=H@BZKH[9I]Q3 MADL3\5,*%ZZXY0DS6?#E<,8[ M:M=_X;VDQ=VRLX;810Y[0:%JP('Y&^V2.=_SH MS0R23TCI+M2HD$)QP#V'YNK\ "^W=X1A!)G-]RG'#;Y[E=>+**:Z)@?">%8U MT\WO($L%?^J<#N7NX+Q B%$IQUY0%L:0IH7VP!P,Y/BCZSCJ)A,6-A=U_W = MI_Q.8# E8VJ,V;WR^8_ABERX5JWVLI9Z-LN6JA1"1S:[,4XCX5I)\@*AFS+- MK!'3Z#$=RQFG\DZ<@GGW+6: ;MB2P$8 MH$?&C!3'U!^#F8\>\EC9DR_U>G; M&?'&KX3#;*F0RA*YG=.>],6J;I0KO=0_W=WDUOZ$;;O&=,*D"-;RQ8S)Y-=W_Q4[HY%E#[IVMS^ZZIU=.L.+BS-[.+JTSKM7USW[?"=Q^A(R!\=R M%C6$[&:TN+ -;)_D);:V8#@\=R5U]X;O&W)']5^HE M>"JIRZED$,J!,0U@I5VV5G#KDBT6M8]/%Y] 8^_DC)\UB0.H?!-DKMBVF+PX M%[S!0V !GHSZ*_=//%2,O1V!YH:"# U2$+ Z\U /2)ACX!=("]!.]E>Q0X>2 M?O7?$'XZC*9L MPB[9=]E_/I. /-#HW7LCIM$3E,X3LSH6'T_%QSF@-]^^YBX%Q,:&P4,(2L,I MQ:]N$H+-8NN@#3H'##V\Z(((L34M?*!<4K@=X>I>Q$*9G,SS@NQ$:R8X]MHR MR*]Z(A'0VGRH3#AAI%&8/CP:*U?DWJGQ_>*V0.0BC&990)UQ\N[[Q=FW=^_% MX0Y+M>=G/_)4$*038@9/!C!>#(2I942_AL\%IUC2 ME?^\JXQ0#@O@%]-@(R9<;V+*+L68S?V&3-3/8S+C^?%Q6Q4MF--E$L&5CQI 7JYWX7=^G#WQA97/P4#@& M3%% T#.YN8\H<1_%PCY.^8^R^82G$7>J!,# R@>>7E!I3+@*9D,[+9IW'!__%"R:@"+4E0\@Y>]Q[ZGMLI9R[SS4"XZN'>WXLPNG:YR[$Q9:ID3%*?N0U,W%RV+Y!*'HV& MKMVW![;C=.PNF9![A_;N.PZQ>ETR=$>CWMHN#4"6@UGP( M%V<+HN_#/BMF=O?!"_C.*I054R&#L M'-@],-8Q/T2#O!)Y<<$RJ[9G9',2L36KY&286^WR 8./7*XZ60;EB\2X3-G/ MPES^E%W-MA; F8TS;L\/V7RPO\160 1$<+),)% )]HGR61(&G_G'4H;5.1WT MFGG )^+Y?-%DC_ S/%HEDE-L 7F02$&LF=4(HWP3Q,D^DE'$MZ%/_6RCGYUA MB$B2$BTXU1 ;-';Q50KB4)=_+OM+P_7XV.L:D:5<%=2?&X81&S\I/J]OA(HM M=D2]Z7T:Q=GTLD4Y9(++7M$?<&3'1^>F451NV)C@LKT7MTY"F.'GRGS@@E*A M)0$J400D2\ J=96FE-)'O)E2,C\EBSU@KM;+8HP!;.4CP7Z_U$0JGWYYIQW# MN65G>.A8C/25-2C'R,U/KC.^(-<+)[6B*,$XX1_FAUC"#*FKD7F4HDR#3,^32#LD/THS[.9,X/OC9F?QI4LU$4[=O]2 MFTHV48([XK=;-9^FX8/12T0S,/:G:7@3@Y.?0'I!?" G@Z ^CG%]_54,8\%( M%Z.!H0&%SW#BQ])P?&4\1! @RF2&6=)_<]-]:@A/2<309S2P:? >.65,!1=' MILEPZA3!D?:4'V_4!)FD,2V"6&$I@EAJXZ2RD(GR#9Z;'3"Q"&\)(P8RG.Y3/ X"\L4NR%0;6"G/MSS0)#*$UG]1:_@68^;)+72T&FB3\'%;HKZ2M M7E=RF-8I[("X5@9)L3HMPECFES DRW2;/.0]"#]SUF4,=9/FPUL6]YO/Z" MBA7D1SWB@\UJ&F124Q? 8N7FYXB9F>=M(,M[A<'< KE84R$WPQ'4P&#+1#;L MN6%L$[!TZ\%N:VY]J)H;X'SN*0V$O[>6XP*1%V+<%1,.PQ*NT]QY3+R@M.P7 M86&*H0B0D<[XX=UTYM-J7DD1?U^M='V-KF65B!/;-(+# MSBF/0^1(?:=<(,;Y]+Y44DSXD7A.QMN=7Q:_4GQH_?(>5G>^9><'>[7CW#S5 M):@YO>"+Y+O/6DK-XN_,;S1>:F=U'U_?4RA>C*T[;&,Q-O[T]:J(W>W*L94X MGGCO7YWHPU=DVUVI"75I3$XI&"<5$_+9 M"[PINPSBN+.0$6YJKBFMVI+%T.M-*[VATK=&Z8] Z\7FGH=PB>-9"E&8F6HM M4:E,VTS)1)!U:LOF0],I[),@9C*@B>!ZZ1@.#3,2)J,$\J6]R+^%K2Y_U)"S M(GG0EO!2S8PEX@S+_(?Y+GD^FU1DQ3+!B#.O<1;1+"=%LD+'HL0N#,,O;FB6!"CXO_U(VQ#H%5GV<@KK@OR+. M[F ;66$WJO;T;[G$O&50P?E"HXI&M3"J1V!5"42'0G%L,#_@454UYZ;XI)9- M5M$9214*>K).4>==+6EG2DV,<&EF1A'8-?AEC@8[$?QC=A5PU\M.1.&;Z:Q@ M?8'C>%^N@1^-$_)>TD(H>1E<_OSL*<^ VI_+&EV^!7[/G6X1_P%[=Z:+S-9G M1'_U@#GGY,ALYC-EA?G(*+"J^)>__HW=EB=75F7_Q'J?+:#YT6Q5EQ[3:.Q3 M07URWC2HUGI>QG[U)$5R,2=KI-[62(C.5AB&8IOSHAX>U]SX9QVY)QU M"&Y0,0&1F(XN#:B%&5^PE6+NX7O,Q8ZIO*!"2Y)XR]JK.'+&(T1OB?=A.&'-XA8RV_8*"\1A?VU7 V$" MOE_F<,]QU&_L@T0>!E27OJ?B *-,R5G"@,\I%]N?O_!@*#*+*ZN?"%\0-ZJ< M@%27V[/?/U>'(45TX;J8N4.KG?-7=A6#62)V K88#+M1(7V[+ZWK.#2:!N;R MZ[ WC&:;:.F]8792OEZN?%9=^>3UJU*[\$SK]Z1T"G[?G8"RIZ*UVQ[I"^+=3^* M^[T76TD@*0UQ/EH<48_I+()^#T5IOFITU2]\.U$9%^<+TZ!V %^A\D38UC]# MCPWIB8T+ M?8/=SW(@Z%*7,6>%9D#^:'\%#2D6<*WE->KR2";&:(G&67C]^+ M$B; $61\8RVXZZ12C0%8QN]E$)78('PC+SR+YCV[&7V?49C%+7/(RU@X@3'[ M\J3RRV4(VURV9?UX"F5#(/(\$.V<,?O2\X9BA_PG.4BW!4>ZI'MA-GNW8OXHBXN,GC00B$= MOW!YK ;G<>>Q3#D\E"%EB[__QOB90?$-W#\49X(;WE,DT M\S"B/YB$^<*]SYP/^-CW1&"+QX7(7[S3..>[JV'=8CQ3&#[;,A1?S2)\X@49 MSYCSJ9=..0R0\CR'6/!>#'(,H539<$N'.%ZA=.S"\#U3EN)H0,Q4,5% ^Z1^ M4J34ETK%(Q;96YQPAZXPU0^2T,RU .IU0)!N'B5R,GM?CXV!-S?3UE,#SJJ(#"TP4$B[/[?@(=$'1 5GC_Z(#4 M'9!W;-_V3K@<9I89472CR_317!:6?W+VGB\)G(>T284=JW@N[X)Z(FA6BLG/L,=Q(9:G/ MK]V)(ATNS68LC[UWO'41)+ $;'C$%5#G^$'TY9O(P7)3ARY:'[K*VG!RSD;Y MS,3#?O]&'DP+>:%:KDPB8D&S(*)5/-$6M)QPB=]F=CP(XI[-8(U.))X;20^@ M8 :HV-3DE>MYE#2DB\"'[$&R3!*1L24W(N2GWFG'N)<8.O:+O!.7SNE(%MA> M";97B=$6$2$\8$4.FI9\.-D88<-(0)U (\#=K)R(GJDGV5QMHC!6BM)@1U9AZ:E,:RU(U94&"#EL#3:BIH6<3+VZE&, MER5]5XY((CI.L\)LDZSZ%GPKXU8B_E]15"S@KWGUHYN*!^SQ?M/,4[.R"THM443D MR98K(K->\V44.#?#H&$R:6:R]R&A 23/!CG5-JX.HBP<#?7G@"/B3)T1/X:S M&>?5>.[-[A%DZ[8]MF76ZGB(PACHMB<:I/GV)ZO4D ,@)DTP9GQ!F(>4IY4* MGOEE)A2X6M-A7[AT#X-+NVHZ7PL[+-2QPK]#;GI,::5>Q]O:7-3^Y-EB+^"Z MQ6)#S>M+YI4316''907*YBW*BM2P!<,#NR,>_ V5IJ46DUE7%J76TYF3Q0R< MN6G810[W+60K*MRLILI$G85<\?S0):)C8*WVS:J$77!)9G"H42:0\G6BTE.X M>MSVQO*AXXIA2:]^M,P\"EZMA$'U]<*175YG#5"$H[U@L+RL6MF^'KTCG;M: M]NQ".9DQEJ@T4B(UUX=I#RB]H0T1G? (.#@E8-L*WRL8T_H25Q2"7FR!N[-_ MLL09@7.MYK<496B'.,C,P"@]$U%\BIOSO$8/WR \,+LO3N;S*ETIX<>M*A\@?)/,8OHQ_V/AX9?#X[/CL^.R;7=XYZ,]W#_OPA\5^PX??+,1( M. 5S";YS'H*]&'A5?8LWC^+O;!)Q Z[BA'E2'Q^],?,9I/II$@.)$)\%!\CJ MO7L=K,S3RJ"P9C\,'M!HY+N;;B/XU@F"IA\ 7/>D*\&L-(!'Y0?E!^4GX;PT<1K6DW4[+K(H4@U:9(&1^8R M+6WX@W*$S:,-]D1-4H72I=\Z;K. MPAY0NE"ZT':A=.DD76B[4+J:DZYUFV2CL*&P[2QLE]2ETWL:+HC -QA^R\'#7I70R48#VJ(W LN?"?S_P=^3)[]>\'%U1B*;H M\\R3<5Z/C=Y$C-5!7"WYW-@MB9FIX#/F"G6G7H3R*(XHCBJ,6P*DBCBAQ M*'$H<2AQ;98X7')1'!421Y2XHY X32*$]\O,?*\EO?.6I5F-$Q%A!46$10]X MXS.-'FBT@/86/PJ7[5Q[NA2 ^3882,'OQ=!L@\_!([7X93_)AD#^$W,!DIX= M,+0M6]K\RYE+"9+-KKN/#->G)/KU'51:>?.:5N6[.B0:;P970',LN M$14,%0P5#!4,%0P5#!6LM0J&(:P8PHHFO0F3[M@.FO+V*=9J& ?;H5B[;.?H MXI->/:88574-51VAJJ*JZJ>JFB2&-,@X>P$)H$D?&T$8L2'RII6B6,<"B-OL MRJ1,LXU9'@=V*35;CC"V";4"M0*U K4"M0*U K4"M0*U K4"M0*UXHBTHNWD M58OU3%YU8U0O5*_MU O#E%?7='X(@3(&EACK-V.LB;K *0,62AQ*'$H<2AQ* MG#K H<2AQ*'$:0&<,F"AQ*'$H<3I'D]7^\7&"RV?Q3%-C"D)R /O>:5:=)WS MWJ@Q9=HRDFKI0HOI^9YIC3K(T*,^H#[@L3!J!6K%TLNZ9J^#JP3J ^H#KA*H M%:@5R[7"M@:H#:IK0]MC?5JL7]TNZA?J%\;2:408?XO"&86F?!7.F 1C@\E[ MG,?=*<0?=QO)SE9H]O7U!=M27L0R.R-IRQ@6&$'50M4JSG)ZJ%BH6*A8\DMB M65@2"Q4+%4O^BC62EAV(BH6*A8J57^9TNJA8[5,L]+S4['?8X"[,"&^$5&?)'1LS B<",#! "_1RC[AQP!P+A!1;WJ? M1C&5VA\,/< W3$88C6F4/[TS^V&,P_3>I\9_=?B_K0#,;@K?L-@=X]#WQL4- MU:C^(*T'YMH [ADOV>MTW[2'\CC6MT#;@P2IOYRC[4+;A;9+L=,AM%QHN=!R MH>7:5XYB5^(!'-HNM%UHN]!VZ7?"B98++1=:+K1<^[%<)[;I]/>W95S4P7;( MW7M]#9OJQU?]W4^:T52BJ91@*AV9]1'05**IE&TJ!_).^7]."!/&9=]?_^GZ M^=/]0]Z_5Q^%C]EPJ>]G\_SKN\X[_II-JIN_SL9>E9;^HK3T\]" [/'NO"F- MC2_TV?@>3DGPB[%J [ L/N+9&R>/'^WN.O)6UX#UO[Q9B 9[ZDTD_Q7I \6N MJ6('GG(' R%'%ZRFW 88P$[05:S(/],X\28O$JWK.?%)X%+#"UP_'=.Q\>PE MCUXP%Y42A D3YHBZU'OB.D/Q#YG7TT>J?&91@\T,D+QR@T#OI+P.]QG MOQ _4IK$!HF-<"(EN?4SB=S'D^CA6$N M\C];W/W4N D,4"4(&#(Y]#)N^Y/5-SM+/)=M@!RGU)A$X;0F4!Y%.9 I!P)< MR!Q/0N/[Q:UQ-G[RXC!Z,4X8S&,Z82:%*2+UP^?WAA>#.I<*GVFP6 O)??A$ M3W=>_W%AQ85U16_W8UE8[QYI3.>641'0&<';+FR\QH903QK!4LJTE"V4H,5N M&"KR?F":L)J25Q07N[3@K/,%;%8<,\>(LI5S\S<9:[DR^J#LSNY)'XTZ+]2 MXL/"'0;48']'"3C20K_A?R0(X N?O<";IE/CG#"S\KF\US5ENA]&TIR_Y)$] M@#%E'SS&!@V8D9+BH1R+HR?+I3-A1,*E_QN)/&Z%ETV])!_ZI\[IP&!?\ME& M0@J>*)*[;^Z8X6&^PC/\GXP;!J$4V%X5QZ.>=DE[>AEW^2)GKF_8(A=P]_(B MG,YH$//4)..9N:V41+"I/.H);^?2LT0"<=> NP9)U0./<-? ["7?!\A03JO3 M^9,4J\,<1[X-X>3L[Z>WIV*;(F@'#_[K^Z$KR O@()C9KUURE4(12Q)DEZ'1 M0*,AT6A(J/>LH]%8=1H'IRA)N'"&@L=M>SYN0QN'-DZ:C6LL4%%M&U<[LM;" M/)FK[&]FIF4Q<(Y4!H[AFITCN6Z49EOUW_R0+1#&S4WAFX+I32(2Q!/*7CP4 M]/3SH^<^"O*)>7CIE-V [<_#].&Q$O!ARGET1UZ\P=*G7O9\LI8<-F]V,_.V MP:&^F4U7[6PQ\QW8(].(S3D_3AQ/O<"+$R@Q\T0-^@,XG16.1)RP__"",S"D MHBY-+)_RD0);E392W:"(N6!S!8$8$9WXU$TP$@,=CH8=CEW#?='AV&-(U^LN MAYSV(&SMZLE>N_BZ2_S8A!=B55)[F7W%40 SS=:]. P"ZALQC9X\MXB#A4N M" .3#:@:/V M K%6.Z9*\+N\F M+J@Y+-"Z2!Z;#+E\3$M*L!'WZ+V:QC7@EGKO8;LQ_9Q;1 M&?'&Y3X0OABR3Z+\,.AMAGGW9>(UO5^R"LPO%$M,0[5H*[?RJQ:']?$OK[LK MU_NR,&M/K_]S>._L9G(JOAG"6J\OD> ^_!:)SD M@9U":T[N]_A0/9E/%5!N/,(I/66")/9)Q ?3DKPIZ5SB2A9I4ONL.$B>3#S? M(XGPAE,>Z\Z$^YX^$G^27Y3]CLF%9I9D)%,85T@JK@U@QL#\>1-P+_R7(@R> M62COGOT.U%"NCR-EAB!:&:5;2G[)"[K58"=N(3/=O!5*:WSC6DTS]K2F^1"G M_TA):53!8&<.!=-]9K0KGS#K,*%Q+,H]%_N++#PX@XK'&&P].ZEJ1A[3+F3,,I6!C:1+E/L]V)J M _;KT\Q04?5U9AG M T#)J+@P*R2S:.S[,_+"U!&L3C#.0G"676K6=&K*+F)Z]0 .!]/6L@KYR_P#/? ML^E^(I[/_?:%"6=OQ$GH_O$8^DR 8AX<+F#AH\UND.$6%+L"D5Q&_"R;C&>N ML('!ZE[XDNRZ)0]W:ERBY57(\LHUJW4S0;,#*"8!N>9)^96?.J=]"41"$TC* M'UKF=:XRG?5].VI7Z[4K3]T)WEX95JP*8K4#QN6E;IF9'Y&OC,R]3\"[AX6_ M="KJ7OQS&/TAO(29EQ!_T47@^@_7+UM?Z_=Z937+.(]HV>.62[[(BRX>+3N# MB3@9%3-E8>^)':EP@%Q7_+1(BUXC/*%5#N.=(.F8B\WV4V>3< MPMZ71YG'69XYS&2Y@R+Y9E=L]FJA)+<%"_7ITX4)5Z7W,=N!D:C81F<_ELU# M_NXUV_LQ1_:2$I_]1V2!1<;)N^K=W[UG.URV^TM)P*5+D%&UWU_"$8@](!W7 MZ >^*\]$7NQ>Q7C@B"T6SU_J20$(/&X!0\EQF?R3,$TJ7)LISOZ(R\6^M-TF M_R$V-*9C(@YLS ;*M !>TB>!#'>JQ$X8!CHET1\TJ>YB3:#DV&L^=+9_AB\: MB3<5U&RA\,7F^)[$GG!XF3_.G%3V'R;>%-X7Y$GQ5$SN81M.Q\(C7%M8P&Y$ M*5_U:Q,B_,Q9=2>>NA44&?Y?F(4!?AM,>(\_ #-QQ1>XQQQ[0#@(OSF?3C8Y MU5]JG9X6'"V!W(DXK.IB[5S9?9E7R3.F2IY+&+1YZZ];\/6-N^PR:=H)9]#+ MM9*?3B]5/9'C/O< 2[3*N(_"/S)*K+)5R;[*U:ZJ8NRW0$[Y^R^41!^ 5[[Y M?LO<)+[X9&ND4/;\Y]Z;XO;I#-[@ EN,!(BWF-+A.XIX!R\NA%XP_9]-4C D[>70*"0MER72KB 9Z9?"1,YMFN"EA"OJ_D MP++GO:;W40H39W7$89#8N'GY3O.9R:8Q#I^#ZDXT,V@5RIT[>!R$_++D<1R1 M9SAC6WCLQ*"3258?I/A]>R1^_]3X6AF5W1?OUEE?6(]%E2\NQCSHT..WFY-@ MP%%L@4& :O<0'**OF"#QIS^;19YOV/:R1X6,R!7@Q8B>@#]\FB?5E8F<7@ MQ4OX^D=P53U7O/,L!G?/!$'<^AJ8CV_ 6K %Z0+B K])Z%H+]GIF/"= MYHXV0:?FCXEJAS$+9YU @LV1;@2VT[QZRMSP8-OP0'CM0C=\"+Q_EQYA?L\E M5\''RQ[J!#YX]QO-EY6.4#$9Q= M'!Z")QOPGYV&$:W %N>1VU*$TAIVC#%YD23A?%]+)FPBQ1*8XQ-#63F7^&XJ MPM_J9\64,(S*E0O81C.?5B;#8+F89VV6$Q*P=\76UO>G%>]U2S4<\=_\Z:_K"R5IOLB 5JZ2J M;3* +)8D%FOAM#T7D:I4R6$^'3FQHW,,7,S69CD#9!HA9U@%#R6V.!&-4[^2 M9U'H=!9J73O9D06V?*SE24*3\EQ4+R([A:J7-]RI>E$%OV+6):0Q:6VW]G$^ MG__]YY_3^,,#(;./WT5\_#?87-^5"V-\Z<6N'\9I1._8VG_NLYW27_[S/_Z< M7W;K/M)QZM.ODS.V)1I[?@J;K%OJLO4'XNRO?HC(QFNVBH,1306K]W5R1:* MK5#Q-QK=/I+*W<$1! ?Z.YW\^N[Z$@3_?ZW_N[M\9WAC]@8;UH?.T'+ZW:OS MX?#8;1CTWZO-?'[E* MM/M BED\WP^?Q4G*= HL,F@$%*#TGIBORKU.L-DT4Z;2)\Y=ZFPWS?6/?4XS MY0).3=SLXYZVP"XG7M91JH5OJ2 *(:/-K/VS5\BP/Z_5Z#?+2L+FB8C/>O@4P^V]>QVK>ANKQ9Y3 MVV"YU(HM;\/TQKJQ#5YWW,_Y+/R<*UY^@'L7!G,JUD40U1+5LE&UM ^@EHM8 MKM]M;N]:O-3[/ZC@26O-AU*ILU2NW2A\JS7DGKA_/$1A&HP_9*D=KDOI9*)4 ML\3=C^(4OE%<)1.77?'W#[Z J[.XB]CMFU1XT#N(?6 MKA($BEUW'QFN3TGTZSO('WOWMEJO>S;9K]OH5[*T$M--K0R(?OZ MS?@]@%#!!8RVG8"M*[X-RJ:V8C1YR3>E-CCM-9X[DUB'-(/6T#*'76EVL"T6 M#77BB'6BWW%,VY+FL[=%)Y!R>,T=^&:?7@;H+3)1*K#* M6"['[%B..7*<@\.HBF(BY8 *B@K:8@75A'MH$L*[,.$U&A+O0QXKNS+F#S= MAS!O#M/+<9A"-.$NIYEZ,*ML\]3MFW:G(1NW!,NC(%E1(U$CM];(_F!D#BW4 MR*9M.[6-J":#?!"_MP/ 9PWW.9#40* XJ82J09''2TK)&?:$ M;31DW,<(V9+G02&D8JQ>'*=TODBIG/Z#]L <#.1T;;XB_WR9U;NR$*>4IUMQ.+[-TQ52$Z8)%/$LGV>M&,[ MS-MKQ.;I*1?#\ZN>E=7UN"ZVSV[MCJCJ\Z9W1M=V+W.=?=R8#>>DJY@ MI2I>"9UXD?%$_)3FU7>@6"P8A*Q!166]R0L_B!;&4%H](?YN36,K!3]LNW,Z MDE]>A3\.#V$O>N]DR=S;IUQC/O7CQ]'H=-CI=?I#V^XS4(8]>=G5/2G9U4-; MZ_3F'J8WZTZ3(C[E<)TW,M8:P.IU"K2!I#/!8HC5T;@DR>*.7LK!ZY3-K4]5 M"I=HLJ;I8@73FL>RTEMY?77'L)3]JO<^050>N*W4O4[PZJS6_+H+$C_B.MNP M'[),=)H-\Y(N)S_)!D&'T#8A D/;LJ7YHJK,)URWOQBUC5RE%AC5+%(-$_0U MJ\?17(3NODV7;7?,87_Q@ AC+XHBFJ6=Y&],EA-P@>J&@$F?77X2TD MH0=Z=GM9\2[EL\AJNU!YS!@E;3_=%Z0%EVL>#-! Y71)9_L'KIR^X^4#/-O7 M=C.$^"SH]#&<[2\6*V^&P=EK 5\%]D7B)7P][UO*[W1R">M+!-V_4W#0>>>Q M,(V9"RZO(@SJ\ 8'^/L7R+WK^+I;&RSJM#&TO'$P%8V#*\TZ3=B/P:8-HW64 M4';()#QPJ$YSF;I-!^HL756&NFON)[;DXH+;\*9B(8/WZ*)TJ@CH$*+3,[M= M:34@5)E&N$[5LI;:&]+SU/-A:,SIF7@_DC2B(A'3F\XB9J:F,DM*H1>T2] . M]X*.*&+'M!QYU?LQ8&=7G[&G_6Y/!.PD)'CPX&!"G*.B$[EG$Z:?)1J8O4$7 MG2JDE=;%]B;(C4P9IH%4DA)4$B9^(9^T7&4_S'SB4H/9PYBB5X!>P1M8=,V. MO/JWJFB!RDZ!]B;F[)[IIC$ET1\T$69&\A8$/8.=Z976T"==:=VOD1HY O?G MG#)EK=NF2D@Y>D/H#;V.Q8EE.L[N'$GUVT@L 8]I6[W$-:H-H2^ M["P9T?^DGOAB&@%-T'=2Q68=J,/TOBV=TS'M4:=QL3NVQ$&54P":A/!S&"4/ MY($:09C0V)B1%YXTD\:BD'9FZXQH>: B.F;HF&'-'@7)*MW-$M1!8\;($]65 MBU3CALV00N J9Y_6C0F250!#:\=$3N#GV]4=WI)7[>ME2/9VMP94"ZE#=WAG M"+^DO#D,E$"(PAD5G3+R:@@8\'_8<%-)2\MAM^][LV6JJ)1$J[19=9]EK5G6 M;YZRO/G*);U/;H(XB5+N>&[2:F4TZ WMOF-;3M?I60-K:(\N.X/NT+EP1L/! M=:_Q5BN-UA%:P2/LW$V(_T*V%F>"S9]C3-U0U+S[""*UAR(\.S:TVNA!+JG+ MNY0U5.:EZ>XO6.ZE'-32$^" ^B$]S^!1#W[5"O2PL7\=O[B9O-,E<* &T M:X60J\#EM!C;+GPK6#&41OEGL%?YQ89-;WJ4W2[+(0Q%SQVZT":N%:H%&6JZ1GDQ$EW+C!NY,X\3XOD&O M191'E$>I\HA2B*Z]'IG$.A65W54K+\!YBEY0WO:CC\ZP89> M;9 J6>5#4.3T%3G$!_%!?! ?Q$=!?-I;>V57DNK:"WSF"F"[@$.KJ$+ -2IM M ?&BQ7!>_4%#:=M=VJ13\-+:Z"B$EUZ"M@T^#9< WU6H=J_VM*Y0-=\"=%B_&Y+,_R05[U1(%+3=$ M@YGM$> =4-1&6 0TE$250#.)TE$4%$$!%$ M!!%!1! /G'[/CSQ1.4O=1Q(HU/"GAPU_CD*$ M,>9,#[%I:XC-T!SVI16[Q@@;U ?M]6'@8 @FZ@.Z%:O=BM,!1IQAQ)DBF&/$ M&1JR+47GDKH0<6:-&F74%.8JU18V!$Y_X.0IZ[?0I\;5=.:'7NMI.H4F$"5? MP85+&K&G$%[*"=K:#(=4$ ](??1-:R2-"L1J5ZA:J%H5U>I(8Q51M5"UM =. M%X+R2"#3@[D\DLG 0G)H+%M&@J*P(3YZX2-/PV[) YVZX;3UM"4*L6KX:$%" MHMBT-IK*&9I.=VW/ L.I4"':KA #<]"7UE("%>)H%$(Q?'2A[]J%C!XL7;LP MQ_A"-&1*4VL*\91Z"1L"IS]P\I3U[V'DCV'Y;#U-I]#TH=PKN&QA=*%*!$=; M0J!ZIM-M7K*.A1%!U4+5JJB6W5^[:C:J%JH6ND<[T9,CC"YL(V]Y)).!T85H M+/W!A0WQ4PT?B(LMY<&I_"!R]FSQL;-S>MY^H4FD24?@47K^;K8*&@'5\,E&69MH75 M"U&W4+>:T*U.%W4+=0L=I/W0E$X; PQ1UA24-0P&1&';8S!@P&G+M>,[- T& M5*<%-&*%6"%6B!5BU4JLBJ$[#<0RO8&;;EBA7*%PEW/^VW,9H+LU&/9#(P0@R-Y?XB MQ$B S6@/+FR(CVKX-$<9?CV_,2YO_D]?:%!T6D#^H=BTMBY5UQQV!K+DY%A( M!=2'%NO#P,$Z;:@/Z%:\0IEU-:[3AI+3$K(*147C5"(6VA+N M8P]-IS-L7+2.A8M W4+=*G5K8 X'TNAMU"W4+>V!:Y89'& H71LIPR.9# RE M0V.Y-V&[I"Z&TAU"QL!^I#F_5!'N6.^G T^J 8/LUR>1V-H_Q0 MB)K$C#67)O@I_4&G]V$:/7S4EW)% M2GI?(6.7YT8I,<8"(EO<$2[;/< ; \6.0Y(Q4$P/L6EK8(PS-+N]OBQ!P<@8 M5 C=%0(R2#%T$A4"'8M70L5T;H&*V9WMPAS#S]"0;2DZG\D+1)]U&F77%.(M MFZ/=[AZI\84F['.?!.-8&O>F$'AZ*:I"P,F3LILOOQEGTY@9@3&9MIZM4V@* M4?857+VP/)U*/$=;2FAU!V:G8S#$5A0WRDX6/I3IJ'"?&-J]^_&PSX M<.H%),&3++TT[3Z,QC3BUUBS'T8<^M[8^*\._Z>,:;>ET3DH5,T&/JTO3OLE M+ISNP!SUY!76;T!KM&,O4)>.59=LLS^4%G.+NH2ZA/@@/H@/XH/X*(J/[H&# MZB8\(X@((H*(("*(""(6"U,01&6 0TE$250#.)TE$4%$$!%$!!%!1!"Q;)VT M0\'? R^A8^-_V-C&;*C(N[:5EVY.A#Z[EV% _/%_Q_JB@]+3@G12%)O65L<: M=:7%@&%H"FJ#[MK@8$]1U 9T*5;G.Y]:6"A.XSS+=F&.A>+0D&TI.EF?4FO0 M**&E,%6HMK ALHZ%F4#50M6JJA;60$350O=H+^Z1@W7:VLD?'LED8)TV M-)9[[EEAK7WRJ$EHG5ZRAOBHAD]S].$5>\27Y!&80_[G,_LFU1C"&1S(9&%B'QG*/ MY*._!_(1A0WQT0N?0R3F2LO,17%2#1\MZ$ 4F];&$]EFI[]VCW.,)T)]:+\^ M8'P=Z@.Z%:_1:#;&UVG,EK4+M(X!XP"0M5"U2I5JSN0UJ,%50M5 M2WO@FF4&NQA@UT;*\$@F P/LT%CN3=ANZ0P#[ XN;(B/:O@<), .(^R.09XP MPDYAL6EO1)$SD)8^>RQ, ^I#F_6ABQ4=41_0K7B%1W,PPDYCNJQ=F&.$'1JR M+47G2_B$$7;J"AL"IS]PS=%EWZ+PR6-SD1C77D "UR-^"_%#P5-PWC6P,%2=JA;Z"#MAR'$4G:MI Z/9#(PT@Z-Y?Z$ MC=YS%G+M1 ",M&L%LXWX'(HZO&"#"(R+B,:)OO"@^+2 $2Q:6\@4=?L.-*2 M^XZ%64"%:*]"..:@-T"%0(5 QP*+U[63'VL7YAA:AX9,:5)+(890+V%#X/0' MKCE^[.S)>R(M1 Q%3<&5 H/I5.(46A/P,S+[':Q:A[J%NM6$;CD#U"W4+720 M]N$@.:=##*9K(UEX)).!P71H+/:G!P+SX#ZT&)]Z+@'+XSB%N*( JC@\H'A=BKQ#&T)">J9HXXT @(C@E"U4+5*U1HZ MS1MM5"U4+5V TX4F/!+(]. /CV0R.+%HM! TM)8*2MM>N$B4-<1'+WP:K%Q' M9@]TZ@6>ON"@\+2 _$.Q:6TL4=\<]M=NB(6Q1*@/K=>'P1#U ?4!W8I72#.L M6J Z984-@=,?N.:XL>OTGUX2IRW$#(5-P;7" M:2%>R@G:T47[.!USU,5&E:A;J%M-Z%9OB*%TJ%OH(.G&"AX)9'K0A46G!P+N8#ZT&)]&/8PH [U =T*+%;74H:L79AC0!T:LJUI+1\#ZM05-@1. M?^ :#*CS)M2X8 _I>GX+@4.)4W#!P/)T*C$+;8G\L4U[A.7I4+50M9I0K7[S MH="H6JA:N@"G"S%X))#IP1@>R61@3!T:RY:1CRALB(]>^#3'&'XF?O(8I7&B M+S@H/"U(J46Q:7'TT&C4ER4GQT(KH#ZT61^Z(]0'U =T*S":KIW<6+LPQV@Z M-&1*$UH*L8-Z"1L"IS]PS7%C=\3_P^#_UT+84-X47"XPEDXE7J$M 3]=BN-*D3!40T?C*/30VS:&C?4-P>.-*[A6"@%U(<6ZT._9Z,^H#Z@ M6X%Q=.WDQ=J%.<;1H2%3FLQ2B!G42]@0./V!:XX7N[R^->XB F-K(6XH< JN M%\WWXT1!.[YH'\LV^WUIE .&^Z!NH6Y5=*MG85DZU"UTD/;##'8QE*Z-E.&1 M3 :&TJ&QW)NPG:4/&$IW<&%#?%3#9R^4(4;4'8/\2+?9TF@:%)O61A#9YJB/ M?5Y1'U ?"GUPI#5=07TX&GU0#!]=>+-V(:,'/=8NS#D+AALDM&3*DEH*,81Z M"1L"IS]P#:::?C.NP![,(B^FQBV-GCR7QEBG#H4/Z]2U1=".+P3(,GLC+%2' MNH6ZU81N=?M8J0YU"QTDW6C"(X%,#_[P2"8#P^O06+:,B41A0WSTPJQTLXH@* M@8[%ZBC4TSZ&V&E,D;4+ &3 /&Z:EF",)H2OX:H!=\IGI#_HN%2W\^^\^N[SCO^FN'G MYJ^70'#G36EL?*'/QO=P2A:$[]D;)X_L3V;8[L-H3".8=)_,8OHQ_^.7>9^I M'%25B"VGWM%Z]#M> MKO7H![M=OJ/.[OCK^]4YC+1NQ2DGXH/XM J?8NA-Q T#[@*W'1Z3R,Z-KY%X0R HM*.-%$:R^$. M&I#&MV7O=>[[P++W-4WBA 3P>\:GD 3&V93MNY/%4C4'8[:L.K.%:H%&^B!& M>C*A;N(]4>,&[DSCQ/A.$HKRB/)X$'E$*437?N_X')!OV,C/.EA8X@4X3]$+ MRIM.^JB':'T+HV3"QA6J!1X*5XOQ*8;K*.*2*;V7_DPB]['$V;%,.-V5EE^- M\G@@>>1'X0O"J+FP7E*7 NFX(*]]E%=<7Q"?8\%'IO-[\/4W2=E':^^^\/1< M6:E$?'1(POQR\=VX3(,Q10)R7Y&Q;UCK@TJ7NNF6*%8;9'XU(&('3 ;F)VN MLR_U.Y8T,-2GH]6GOCGJ2VM"BOJ$^J0F/LU64!MA!36-V7#HFUEMDA=)8H5RA M7*%<(5:(%6*%6"%6B-6AB1J%:*_FHGU^#[R$CHW;A"0T_HB,(5*MSK8Y[,A+?L-F@JA;J%NH M6ZA;Z"#MVT&R3X?8J',SR."RW9-3'6S4*6,R_D8BCW= ;!]L:"\5E+=;.N.] M.M?.'M$T9$QM84-\5,.G.?+P[S1F*AP8E]Z#EQ!?7XA0A%K Z+8K$]):,8\ M6 .S+X]Y.!:" 16BU0HQM%$A4"'0L5A)5Y\Z&M=P0\G!>FLH.MJ)SE]3G]=; M6WM7HWLXG%["AL#I#UQS?-;9'0<._G=GW-+HR7/E=7E7"$$4/057#HR'4XD/ M:$O,CN.8O1[&[*!NH6ZA;J%NZ:I;N@"G2T^&(X$,+ML]'JZ+\7 8#X?V4C=Y MNZ3N'EH_H+ A/GKA(_&NL*&P.D/G,1C$AKZ'C'^3I@-:#VGIM ,HN@KN')A4*!*=$1; I>ZIF5A MW!*J%JH6JA:JEJ:JI0MPNK")"D&&LJ:@K$GE'Q7"#(5-06';#V-Y4,PDYVY^ M2]DCAL9WSPVEM@[IN/((S[>@ [Y#]1%U,55 MNMCKFJ/AVE$.J(NHB^B,[<\9LT^'&/O8VGTGXH/XM O\FB1<&+9P)%&$% M8_ %<$/;LMN(G'(B=W1%RTZZYL!N/OYJ44PVA>5@]0[^3K7<^T.ON+ M@T>]0[W3&;@]N5A841!E#H%#X!"X;;G,8P<-\=$-G\,2D)^7ACP6].-X!3^I M+]QZB6/]&-Z9_3#&8 =PS7O(CUX9F7V+3 MB;=@P] UM%YHO=!Z2;)>W9$Y'$HKA8O6"ZV7HM9+4X\?(V_;3'P@/HA/>_"I ML-4_)SQM>-GW*W]7GF2A"?#J!;Z_W9,5E_WC]7^O/BU_+,.EOI]-W*_O.N_X M:S9+;OXZ&T]U^OLY99F-[\Z;TMCX0I^-[^&4!+\8JZ9N&>__[(V3QX]V=QUI MJ[.B!/>(F@MNH-J.79#AC 3M!5 M%.6?:9QXDY=5*&P!WMDT3(,D-IBOQ(9(QX87&'[(1F^X:131P'TQ2# VDH@$ M<1:AFQC)(S7B69@8$7O'(#&PZ/!>1.,9=1/OB1I32N(THE/F+AEC]JW3G6W, M1IJ)FJBO)MK'J8F\B#PH$P$]2GT1&A\PA60;#AIGRA8_DYE!'B+*50NU"K5J M3:URCE.K[MBR5-<@+S86GGF+&]NGG<5]^Q;W,69^&AO6ARG[Z-'X='/^]3MJ M-6KUFEK=1:W60*O/Q@ !6]VY>L,:/Z83!ACWML%Q+HIRX)S=!G$0I*'-\QX X9]OJ/_[RG__QYV7?CKPG OOFRC6_$2_X M%,;Q37";L/'">U\GUR)$C?C?:#0)(Z:>+BUNSJ8G ,B_T\FO[ZXOH:O0_UK_ M=W?YSO#&[ WB)A^L:VO0.;OH7YY?.+VK3F=X<65== 87HVN[=WUIG;_[R]R< MOF885MF%UT1BCB'MSY&H_3P4L"XUU>A ;EMD\J"PF AC>4_]\)G9YH1X?LP% M!J@02$7.#?4DQY_]2#8I!?OQP";,""-V31RS+9P;/@3LA\9&.+^'&Q?3#0M! MS!Y4$"NQX9+XT0"^UV"B 6+-YIC?>XQ-%Z.92YOB[75"('"DG(G-J3%1,YM;O2Z^9&G00OGE2M5=6%EJRH= MO*Z.) #;X]=^V*JMAM*\C[F13TGTX 5BD"1-POP-<;S"WQ$NB-5A6&4GP&S9 M\LDLIA_S/Q8.'Y;[-,5R-UJ:Q;B^2R*&-.C^:5.GJ':]==C+.UJ/7JN'Q[00 M/+UM- 5\<(#2E!MD@K^Q:FWGY8'S\UDX/U?@_!C E?_^@E[/9NEH5_ ZYSF,;,"8NE)9RC,I?#=0Z@S&]@N7?UWJ2%+LH6 MRM;.F[Z6%B?<+#-S=VQ%_ E0*/.TB1?4"L.%";L)&_QT%M%'&L009.(%[#4U M3N#2Q95EF^7K66QO[T-__*;V;/.XDRBYPG5CF:"BON-3.F!V@^M3N(**M.RY; MIT5VF!Z&]]HTT)G/R&^5LD+@^"Z8\9^SYMTO_'I>\ 2Y\J9D&I1'EUEB/+[ [LO4-S MW+XYVB&T0VB'YNV0W1NA'3J\@ZL0<:".Y\LC&3,'ML[(9YYL&%1(;/9F$;1J MG'C!@D=K5KQH$4[)8R:G7AR#4QVR3PD/C^=9IL05WX"8/9)EI](?KI^.XT@PFII%:N8TB;MXLV;ZH=\R9XJ2(Z<%V39:C0DJ$E0TO6F _O M[+$FZ'&?_FU<=^CUU"PIR58;9'*MN&D8>^#I7A,O^AOQTXWRN"[[G=[(.K%,)8,[3M2["*1/[ ME_^.JUN9,K^KNJDAL?%,?1_^RZ[T8,FN[F;R[,)SXH.(&+>/E"9969P%$=_F MR?3(C;JD+IW>TVAAH'(RICZ^:BTP8TJMC"G+DI(RU74.FO9C#[5.6M([Y4JK MAV]?:LABQCYFA[1S@ZN8X"TLP*/3[G805BZL^V:?LK1^E#=I\M:BC!$9\K:N MRXX"AP(G1> VV'T=R?FI3,=E(2^H)'KF:[A Y1;V$%4"X?6M*S+Z>W!X$#@$ M[G KT!Y!U $X9-:1*;T""B/&W3%[7V2Y4J,B0M\$2G\)'A4%HDG"KS M"-=A6T6T 6@#UGSHD;Q<-%7F<5<;@"3D:FPO(LA(+EQX: 7$_/??SK]A[L.A M3:]"P+7!VU<(3N7DL!BNO4\.:(/C+?GKI-4S[9Z\'N:J!^(W[4>C=J%V5;6K M;P[[0]0N9)-WZMXFNCR/4O:,N]-VX(XO\)/*3&KBE*%HMIF1. M'+,G[R3[.-8S5)AC5IBN:?>E14D>A\(T2'%:VJ_E=V%"?-S&(I^)P!T7<-CH MKK&<"VQT]\O M#K[:^BAM]S!=1C?BC92!UE%&RG31H[D);VBC<1#@!UJ=@5A MLL>Z7;CP(#Z(SWY*'S6 E0[XH/R@_&R-#P;%;E4ZZ[?S;U)+9RF$J%KRJ1%P M;3P"*/S'-.Q,/L>E4M#)U9Y:9/'+[:AIZ)CCBRL1( <']:U/0[S MK*Y@84D"]3QJ[1QGRQS8TH("5-&,IOUCU(@6:X1M6ATLTH'LZ]K8?DL3(YQ! MKSXL1:"&GZ<0<&UP !6"4SDY/$*NM2H$)P*B>' M1TAY")R&MF4WK["JJ!JRBJAB>U2Q[F" JH6LXFZN*-*+2"^J[5BB5+683ND. M,$@1]0'U(;]N*.^DN"WZ@/3B 8O-*X2C(4R5$\8CY#].;-/J MRBM\>=R=6U#W4/_(B+=!^U7<\/R>$/?[2 M[R_Y^\\_I_&'!T)F'V_=1SI.??IU4G*0-V7]])O@-B$)A;^_3JZ]@ 2N1_QO M8>Q!7M4U\:*_ 35YQT Z]T/WC[_\YW_\>P"0@ Y>]T\NN[ZTN[8PW^ MU_J_N\MWAC=F;Q W^3 8]:\&7;MO#:\']JCO#*Z'?:?K#)Q+>]3M6LZ[O\S- M6G4&[KPIC8TO]-GX'D[):IM:N=SW OKA452?M^S.GWZI2,$_TSCQ)B_B+2]@ M5IJ9MBY30YF2<18;X61Q'[?-K3Z3R'TL;;]CF09 +.7>ID&"L9QA7E*73N]I MM##2Q<29[4::/%+C(IPR37\Q'LF8OYZ$/EMLF3DUPC2)$_8P\/(6\^0 TOB8V )H87L&\E7,[9W\4=PQF-",](?+TQ MP9JBZ%(XN%I'H&L+<8<):U5ZX77U9X(PFA*_MO)8\)WBQMS6&"[U_>P[O[[K MO..OF2%U\]>;J^*41 ]>( 9)TB3,WQ"^%'_GV1LGC^S;#(C,Q#/S[9-93#_F M?_PR;[++<5=IH=+L.TLYP/69)3&F[O!/;R\L2Y>X[)EVO-P^[,_O>'E'Z]$C M]NM?KDD,J5X[,<2G'&[OK>.CVMYA<7?0 ):O[RO>6,:;=/I0W%#;2L![*LR \A/X3X(#ZJX;.V;9>#U?H! M#!L:]M%VZ,%EXA5\^Z.7L-N[613[36 DCV$:DV <8QD$5$G$1PU\]FRRVF"5 M,$UZBRJ,Q@<#^O1)RSM1"$_E=%H7X)K=6S;?" !%3?Z2H7Q]-.SE6[VN;YF. MO+KERD\^7(=U)Q4T-0H!AZM:NT4-5[7VKVH=LV_CJM;HAO@8]KU7OW_/]KW( M6*EKG%5>[AU]@5%.<-I;R](9FKTN=LM!E4!;BK84;>EN4C(P1_**$+3%EN*9 MUVILK_-<\-S[GX31,XG&8@/P0:;[KQ"BRIDD78!#?E![43O",J16Q[3V4(94 M%9O>]-X#M4M_X-"0:R]J:,C1D#>P\:D)14LJ1B-YLJ<%KHF"F8L -E'\L(%5 M4%HU6Q2[ XB=%A4VL4[K%C[$R!P-AWL#3@LY:GK+B!8,%TY<.(]#[+0P>+AP M;K%P#LW^4-I!-"Z<]B^[YY<7UJ/%2YG/ZU9\S M6O"ZT=+F=[6ZVUYL$"-.IU,2O4!U'*C*?0\0\\KB8P%R5E+;#:?4./'#.'YO MS&ADQ# ?#/+I+$UX56TXG.5W8)]ZX3@V9A&-8?D=8[EM99)Z%.QP[HCC W]')LQG8^B[*QJJ,E\W6,\-Y@="[%O3,,AX%?JO MU'LB/O8].%"H?0-]#PX:<7]B#:5%XZP+3BDTFZ)S0#N)9.8!U$U#=1I)#VYK MM[JTC2P[C&-1CS%!9DWAC6DS,9E:[T'V%ZS9_JWMP+2[W6Q1E=B&=4TM>';6M$5-%>)"+ M05NFD#BB+4-;AIS)X2!<](*?^0Z'_4'8\Y,'*OS@V C3)$[8%]ESM&?K>_ E M8SOQIBJFA=TTX8*M8Q*U:O;SJ6;=I[=!7:HEA2 MRPAM5!)H156A* JCBS"*J N%:V)V];?("Z-OO'!-)=AYD])"SN!Z>&6/AI>7 M5K+SK4>:MZD.5(*1_4=;2NH-/7>O3X\+H\_'9G40WD>"BYT18OX>NKB[Q@ MVL,!CI /((&O2UT#!37.F,O#QN(%Q/=?C.]T%D;,]T1I0VEK1-J*'0E*&$I8 M0_;L.^SF5"+*?/;0_KI;TFX:\I!^ME_0S-BG.I!' &BO\'D'4 M 3AEP$*)0XE#B4.)4R+HMS4N"[_N(IVF/F_.8"01"6)?E/0GN//0('%!%2&2 M%G:F4_"8;8Y&TOQW5682KL-0"K0": 76?.@39@8<:;V?%T5=H_G'0Q2UL;VD,;LO@:#Q<=$Z+S:-"?$BXXGX*:ULSS!K4JGH5YD@'K@D MH&4Z>SR?.&Z/!Y4/E:].+W7>[Z79@0 MW_AZ<8/TQW[HCV92^W6H:K>_]/X#(=:,M;?E^5+KXK:1U=="]I#=1?.&YDTU M\R;$;VA;]O[D3PM9:GI3B58,K1A:,732U)*];?;M$BHS;%Q687EYANLT22/Z MV0N\:3K]SBX@_C?RPJ^\#J.O,QJ1A,W*)TIB&M?K/:Q1IZ%S:5TZE^=7]N"B MU^M===A?W]=U'*^G.""*\/4=MA$OILF6&C,$0% M@UE$8]X!<,+GQYB*"3+N":_[ --DN"1^-&;99!GCE!=W3=C-+L(I4X47 U8O M_D; AF],(-[4A8: 8Q(9+VR-CGG5+/:%B)))PKY+>'&)!7G>YJ%XRDVYQ&6Y M-P,I]SXU[GC]"S(-4WAT^L/UTS'E\L@@9'!PB IL3'@P,IOYS&XQ<$WVR"0Q MIN3%N(>+?)_I$!T;DRB<&BXS;\0+C(0&!.X-@(^-,& S$N;5-B+J\Y-BJ*7+ M\(S9_=AT045=@:@7N!'7%_87>R-(V63Q 14W8R.F%(2N^#W*!A]./9==,O9< M=BE[./9Q"+-C> F=QJ>OVID-ZGF\(?-O9+S)+NA1W+BITAVOE^'@[VQ3W:,< M]]+J'3TIQ3L&(ZU+. RQA(,RO+EX"5_'$@Y[/>7#E.?D%^%EECAF_N:Z*UJS M@SMGJW(Y-/"!RU>Y+RS'*8+KXG2V0A[8?/ZRL':7MQG,DBQ*2*@IN]$FY(J* MT7]:[._ ;35.(CHEX-E$&']T:)IK*Q9+Z\Y:\NBMUC=LLP:6V;7MQ@'30FYV M)>0QT@2LO[3BSFC86]S/W79LF87 59'_@Y@0A5RCAFW+"+U)A8Q.>P)N;:=K M#H?RNGNW/9X=/1UFC>0=!Z/1:;6G,S#[HQYZ.NCI;&!;Y'7R4 240M\9)%?T[>F]HN!V"PYWT4#%TE+-3+-GGH3/7@E]A*6RX5LAYV677^'2-#> MBDA0>4L5#& GZ)IS6,[S'!I(;*(_W$<2/% C(@GDS.R:OU3\BOSTI>+6K^?Q M;&K[]I [IU"JW'4]&RY+A"MRX)(0,KJF9$R-^Y=:*EP*H;M9VV2V"KDD8!:3 M6U*QO3%\GK!E9KEDD)E59G%%-$Y]R"P3*6*U]"[X$3<,XG3*[C^+/)="!A?] M8?*>S$P@169?_'%1+-==MC W"W.S,#<+<[-P?RZ=1\301M989B>2BGH<_F-ZDF%%O M;]"O9=I#:69'%>D_B %1R"G"Y*8C,CGM"?F5:HLPQ$6-M1Q3F]IGCE8&+3T9@<]'+0RSE>+P?3FM#+02\'O1S,7\<9F9;=/%VHBCX= MWMFQ]+=)T (2W1UI5F>#."CL+-0DA-K')W3[9G#:Y[UV?#86=P<=ZWK_L7 MSKEU/;QLO%W0OO,9SO1HN,.[VDBYTR5UZ?2>[2/F![J8TK[-[YH?$HM42+-<&$_D' MRF>M?GWDQ7]@CHL6\XOP=W78C/NEQ8 M#S-UUG;Q4-Q0W"0@N(&O+O5,Y5BR/C.0B^TRZO$AR$S%!$RN'B_>F-_I2PIZ MO91ZV'>ZYXH1W@1Q$J4;97^B6JR_O&'>,U."$!JG$]\XXVVD4N+ MUE=EZXL\$_),B _BHQH^:]OVP]ONT78 C;!.%6H=XJ,5/FB5-K9*F :P6@9O MED3,G/QV_@WKA1W:UBD$7+/;1LRV/;BL;17JK7I&AA+EY]2)X!Z,S,$(DX_1 MUN"ZANO:D<@:KFM'L*YU3:O?O*JI,ON[KFN:G+;L?<][]?MWI#D5-LLJK_16 M5U]DE).<]M9HZ3H#<]B5ED6KBCEM>J>%.J$:/FA-M9&<-EM3R[0M!ZVI!/]^ M/8(!"\P@*[.?\A_Z]6]J8!UT>BBIJDNJ5()1BZHW^RN>= 1=GZR!V7?V6%9) M:\EK>I^)5A+7N5>YP>:7$ MSR1)V3-Z-/XZ^10&#W"ZYW2Z_5[G:CB\['2=B\'E M]=6P=]&[:KY48E41^[,?>R^=>%*U\W8K$#2JC$1/:WC#/>Q01X>(OH M1[BSR M<;T9\8Y;5O#3"@)<)9-H1Q\8TC)('\D"-($P82.Q+_-:P=O%O!>RA MC F;;X/I( W&)#)>F%#&O$9B4A1*AZJ!$DH[9JJ::2,'=$S=$ ITAL%'T(/- M2@-M@_3'5Y5L'1G)K-*NK7L5.O MI,$2Q7O%7LM&;W)CZ:%1783# ;V%B+VM?&M\(+R"M?RZEO#-?% MZ6S%5+!'_&5AD2QO,Y@E0EDLH2'L1EOZN,JDKFFQN0!/R3B)Z)2 4Q%A.MNA MJ1<,Q6Y]*+9MFWV,Q&[6MKUGVT+3D)52I(O\',2$* MN3 -VY;FN\^AT3G&UH9VOV?:\L*4T=-18SUON)&SM-Q[-#HM]G2<#K,M@[7+ M\:.GH\>RW;!MP5(#*AF=]G@Z7=OL]-'104=G$V-DHZ.#CLZ:< QMR]X$#W1V M-%BY&TWA*\*QT.51R/R\%8K0'I>H ;NU-7BJ*.7A_2;,34;/Z>")(#H$QNPO MWZ,U:1V#OF,ZCC1*[NVT#AWD2*+)7YV]L=DYB.\Y08^L-]),$#Y=4/X]US6HI?D9^O4MSZ5)I569;[M5X"U_+DK^_4 M#1\"-MCQ#>2N>!./CL_BF";QF?NOU(O8JV#\R2/WGL]_@7V63NEXX]RPKM/M MGITYSM#NC.RKRXNSR^&5W1M=C/JCP>5U[SASPQB44Q*Q[\5K;6)4AO9!#>FS-F1@Z3MS!YJ^&2)[_YX3U;C&]NFB$"06\5 M8N^;5.AGL2S>A_ZX0A>"XQA[3(Q$[K@TAD(=3#76[SV"J#QP2/ GOUP76Q+8 M,5R$4S:,E_^.C?B11&*7XH;3*=NEQPGL"3VV'8'=2$ 3^&P2L6V@V-N("W#- M/L11@9QU6A61;.@P8#5(>J0Q=LQA7UI>VEO0J"(+S)>Q,4H7%6<%&) MP9>'O\'R@&X2KXBM"W ==,P1IBSOT4W0W[:DQ@8\KX(?2W5+)NK?&W>H.NZ=C-5RA21>70W]H=P^_, M1$6>FS"/RR7Q([I7R$*]S4*9O8&TQD.J*(+"SI'^5J;2_@1=(74M47M<(=LR MAQUYY^WH";7?$_H6T1EANW;Z8T:#.&/)0VC5@]03^D9K4TNFLR2]!GTC](U6 M[\!\ MNO&8F2EZR=6$1=RAPF(+])28@;GVGT@$5JE#)0[7&9>J;EH,>$'M,& MN[J4&I,HG#)S59HP#\/(T5%:RU'J]AUTE-!1VH!$FM (/*&$_)"\)4-7"%VA M:N"2Q%0-=(3:[PC]%H;C9\_W*Y11)7Q)F"J>=8>>T0',4NNBESJF/90758G! M2QB\)(*7,(-,&YO6&E>K;]O,FDGK8X3NEAKNPEXS7RNU\(RL&%XSM@M-U/I) MK@U@I3P^F*_^2B7",$H>R /-3KAFY(77TD2O KV*!L)_!B.SXV#F63.&JU6U M#>O&Z63LQ2Y4,WQOS"(Z]=(I\C9XHK4>'">V.;"E-;9;G/9-G_^ ^K1V]4\L MSKC*(M%__YL$7D"-"7%A<_."KI)"QJD]KI+5&9B=KK201725U%CW]V.;):^,"+I.[6:9 MFL^"12O48M?),4<6UGY$ FE=W\@577FRDS8>FTA<-TIIF>.*;I%"!JD];M' MM"T\?$.W:#W\\L3[B ;((:$CM$;,H-GIH".$CM"ZNZY*VEC."^%IFDH6J#V> MS\@YRBO>6JHL/T]B+7DEQ5S/G2T*1I9[FZ=L=T1M)J76.NO1Y.19/8?J%) M5A&D+.U(?[A^"N.56H-?(4#;:]):Y*5UK/^_O6]M;MQ(LOV\\RL0NIX8Z0:E M)JD7U?8X0J_V:-9VMUOMW3N?;D!$D80;!+AX2$W_^LV3654H@*!>#:HE#1V. M#I$$ZIEY\E%9F9W!X,FP;JVK/0]M8Y5+>$IH5J)<$LO?&6EM2;S6SUH#LP?P MX2[Q89 4B =I32G[A@3VW9.O4ON+L@(GX:!S-&CO%.*NI7DNQ- B8+_)V5W6 M]'S#WS^\*;+ML>_/WEX.)RHH(O5^]%$-DW%, PPN""/RZH-$.K M23S^.;PV_9W,?U+)./5G$^SM<:K\K-H+;5F,??FH1G_?>'=&>L#A;[U_?3K; M\,* OO"'^?;!\=%Y[^C@\&3W]'C_^.S@Z&S_=/]T]^2T?W;6.SW:W_BQML_N MGGT*IV2D_ZINO(_)U%^.E\[K41BK[8GD>>GUNW^MLQNI$]\[I/0'S3X6K M,,:"O^WOT3.M^ATFRALE$0$_%'4F$"\*,]+C<_J%@^W24)>-X * F7=#K2G^ M^329$E/,O8F?8;F'-,+4AQC,O&3DS=)DICAULG[%C^."ID;4PU$Q?N2%\9#V MEV4HM9[Z6)IM+)-WY6Y?6VD) MTZ4%8%V034N;N]CH>R+^=F8(06FF)AK1XR> Q#>W< M"H6/YS^0LTKOP]@59:-K6M$LB\]NSW&23OVH(GI[>,8V+$PX5%&DG_G[1G># M/Y,(&IK/#X>DJ9^.PU@&Z1=Y8KX0?9&_N0F#?$)/T]IH 4F"+_)GF7IK_OB^ M+NS*<;OV@!68^XWFW_TM"AG2(8WH3HG<*/[UE+[R];T7U?T+,=)>ELFQ7I_[ MITE;AKS6;P7QN//9^%6S+^]G<&BR^CEK]J:W)XEN?4&.P?W)K<78O4_@5A@VR%[ MN];PUIZ1]?JLU^>YK\^Z/N)M!Y3JB[_.Z/&M6?09+=QJ-:[_^PI7;$UJSY+4 M>KV=O<-R\[6O___[_W;HX#SHFKT^O805N M.TGWENW[\A-KCM1YX*'OJDYX:=8/(?L%>BEG/Z#)+T0[/((:!NWA+6Z^?M7L M&D*N&@;ZR/F9*+7YW[)'! 7=^!DJ"U5CGWK=OR)4*.<;8TO;'"6IYT>1-TO2 M?)1$8>+&8TFP$4*XZ)LPH:6=J2%'\]T>3/,00&J.'VPWR*\22D@;2%,8^G&N ML\01D7Z@F0]IQ@\)"]P_/CC:ZYZ='^V>G^X?[)X=]<[I_\.S?K_?V]T?=)\Z M+/!A\/Q5](\_9.J_<.\]LWJTDV=Y"/EF\I4]3 MY,!)3+*(_2)@KU4E@' 4QGX\#(F?.>IRJI#T4/.L";LD3H^*@!Y&=&48>S<( MLIPA[YADC^:.TH#:4=Y-F$_XLU[;64IOA[.(B'6L8I425,SQNYKE\BXZJKC3 MT/LQ\2EMD[>Y\=/Q\8>-+4:9$)I1.'6&',8C!+DA$I3C!;ES-!C&A'+%4$)$ M\X2^(Y#[K?!3:H'Z_ZB 5H##=_0^ =WV;_S^,0"?A'VOBT%\5.,BDL8OM__? M#E-,BDV-YAWT,O>"A%%3KP_#H%ZZ^LA&29)+Z;94Z0L=5W,/D^.I89\BE:O& M[=CQ/M5:'!5I'&837D#N.N.^_0"D)5MH\U7Z$:^H[TD\(/4_+-(46Q/[>9&J MCG=#J#?IF+U(9F&,/N@=PA5_S&/H>+357JR&*LO 2PSZDH'7CA-OI"HK(NH= MO\LRR)8)^M-,CJ-(OM24:4A%!DR2*43MTXMSY:>(LL%69\551L0/4JG2Q<[B*KQLY,W4@^ VFR1% M1(" 5?0-C?]1Q,P():C=OT'PDJ!-#L@F !1%3)!(-HAWA@FY'1H\(_*87JET M@0S;";[6,,74:.61ABPMITCS/68MM0'?_Y,6*E*.A/A]YW+'NP062A8$+,WY MER'IO6-NO;[ELV&<)E&$IUQ5GMY56<[FA/='0I\]LN&AH5HFT*HS*YN$ M7^"W&K<7++UX9UAE3^!ZY$> '!5Z3VYC39 MP&-T^'A^\8E@D%@4VIE@SV#_@/8^38KQQ!L<= WM7,3BV/.TMX^:#]@>Z1T- M#CKQ@)31!FD S%*.4KQ4G]W=8?U0Q4/;!&.(VT:G MPAGPKB;IV.<+S9BR&*G@8 T_@"B" HR9?I;E$2L;K8H7H;8ZTD&@JMP+3(B# M3,,C00\MRVT=UIZ[O6=:N@+Z!WBU2-G=0ZHB-G!,B!<+5H0YK0D8O.S2]I8E M>H8$XC[]4-*![8.D4MF=NXBE]XB;AT5ZQ7K1'T0F:'.D CQ \TE)^Y>NF960 MN5JKND3@;'[FJ+V8DZ)5Y,KXRTM@@J3DE39;*@WM\)=_$TQR.O:]N "EL/N! M(5MO-B^?%@W6+\$N&"O'LNKVT5X$Q9"ZORHRXND,4IX!/RDR3U^+1FO3(F;9 MHD$21&A<:;!K-D4W8-]FH5(:X\=PF!#I5\.9K0RCKMBE?U[ =8^OA7VT55_= M""*-)%9FG5R-@FTL=]7)]"S2.//+DJ'>(--'SEF%:4RAZ%B8"SO36#YUO')I M_8CQAZ4]M)YI,96W.V4C& WQJR6VP&VR,@9:5C,$>:3CC*YQL1,Z:Y)3TFYE%\I8 F6 'K:-7CMAY$<;/K9Y*E%ZDH%#311 M# %$TJDI&6&LMTSXLE0Y2K>AN\.D_670^6 7RW5[6EGB7*(I]D?KOTL88]2H ML 2XA3&!:"!58S^%;&&%+53:,2M8Y\)PE78M$&LV:N0&FRT!(S83,[H3NWSP M@^,=Q8\:;E2PXYV5IKT^JANEA!#_+ @6>[LL^'K>)NO:X/P8#GQJ9PL#-*+2 MTQ*R7^5&%2GTL2CK#5+S1LV*-"M\T>Q%N2R!1.N!6L%7XL0JQ2!/MZ(Y$@20 M\@S/8J5^P2TZ)FUDPGMC_&.C@FT/O :C@8WO(1[.A969>6BL03BB'N2W*Y7? M**5W:=%F(UY+4[;S_&EI9CEX*8>Q((HE ]6&$ I0\9**DBV&19'38W^R8Y]6 M0^\T?8J23+^)J=!2A'H@--,;HD>B> B;<=DJ0S>#,%&0.O1B,:.OU1>?[6>VET_4T"\ [4VL@NVZ M2TD>UI30!^NQ'=:#$B5'_[#.V%Q5,B%V!\QF9*APBT$#']%.N-1I9DV"AP,% M7I54<8^._RB",=-3Z!SGA57_1U7N,*VER37[#C37>PK%*X5'P<(N/=;40C+R M:1-PXI=IO2I3Z34 QU"E;Z# L '3X93L@ZC3P)M7*@H5&ACRR8/H4**JFQ 0 M@2BPBFEYDQ4'PI.;RL]Z,%OT'$\%?;,V;1E2W$5: QN&Z;"8PALPA.[R :L2 MN(Z&"E^&4&44TA.#+3UA2W&;@FAY=.C5V3UJR<$I/\E1U; SSN< 3**2ZC22OJN-9A" >)?H))PG) M8&WI5IZK31@C)I,L2N(QC;EIE5X5'RY!? M/%:7!(;LFAO+N-FNGJN\VX33-ED0MZW-%+&J"?F!14X#U(I/1;MX9*8,I"Y0:*,V$<\4ER4 & M'$*&+_8,^&,?41B\Z@V[8\9F!*]%).-$T))X@>5ET2(VF#(TAJ,^';" M5_: M%UN%VFU@193WW]0_]8MP!GWX5\,/) L\3A".!O5U3_G9W$=0VAIP)L?@DB7#JP#X+ M>.#JANFR\52Q!=3;X/&B?CLFX*>,4(H31^7 //@H>.H'$K-9<<;445-R\MUU M J45^XI=R1A1M327>V-$>$P\^^JMDKW'A;/7[\,,^OV#K[\0L]K(]J_G ME1-VBS0Z6L NQ"=E(*5&EJJCSP77,"8YD6O?^SM6]ZR\-$I5Q]4]GZPRV4;/@SS@\99F^%;^%Z4K/K3?+HZ MGVDA)":8#1ZA89-JDC$\#)7MD1=%]^6J&:3)!(U5/77P+E2I$6R8BE9"(#(F MDT3.=M+JR$E1&H= #8G2-9]D0H^YGEJ-]'_F-W#6H+4&K08!CUB9<06U2KOJ MJBJH-1*4#&L]O4U>81.Q(AY41\@/_1F'%L"ZDQO'7VCK@ M5+MK'EWSZ+\ACRYQ@;CBW_48-9P-)M-PR)'%R[Q&XK#0-I#U$^)I.6#25R.\ MT,;1X]P#9\JVY[E%#C#_"%%5' )7C4[X:A9^N1:4ZPG$[1:Y8K#@!H&"*$H@ MVU9\[%[UY,DI&1, M\,;%8JIV^00K%IQMW4=%0@3Y.,PN"#T&2N!MOY+//FE M?9>(2,A%BF@O0ST>Y=WZADLK-UR>7:KY):<8.!ALHJZV$OI_U]TY\NBIJ"G. M^MLN+0WMH-6A=1RHC>:-OGUO4R_PECTC"BO7& G#]26=RBWGBA6XY(1;ZW?B MC?=-&XW":)D[7B3+Q _$LT>:W34"J*HG;_ZMWG?&HCHD5KR =QZ*O.YHW(]* M.U"!U.4"AV3Y+_&*/GH]GEI^.A$_6?BE OS>/XM8>;M=N;]5!:/0%N3QB*H0 M0:\I12X$6U*&O*JXD*OWBW'C(%43XBZH.IHR-T'Q6R8LL>%5?E/?7L().MDX M^9R&C_,0&NJ>B1RBH4KL"(WK?^RUW]N@C.LA0GXAP<&)6BV #R)1>,&^B@G$9\5C&(%HW&=[!7046,\8ZZ'Y_ M5C;J]K6]9)SVS=[W)E[U/0?&G58H08>_;VZ\/[W8V$(84GE/"J>D>C&F2P9U M6DSYSO:UDBA)?7][R3C\*$M 1]27W S).#RX#*=!CX;N\ 6O%:[2R #H+>_$,^K3^AL>(-F&MSBHMVX2FBD?)\>9SLX3DQ!GX@J!B78DR=+GK9. MT8[WC^0&)Y?L2.2LU!+-G2(F,9J;)\7Y>->R:.] TXYVFC?4NB]GB$VE4>>& MARH7;H"9HMG>!SP7KZ*8]T&;>D9EY2?LFXW7"],L-\R.'Z$?VLOU#$S7RGIX MI2,G'DS.L5(-]R;&&YDC6(SR;;S;STT>(.N:DDK=NZ9=V_6 G(ZWI\F?DL+* M\:FLJ$K08TH W5Y9J+O$$53Z''9;J1&TM_MMB_1\Y>L'+WKTZ\F_E,FOR] \ MS #AEC8O(%5)3I(\SK:^V@&[3GR[( 36):7R[X\1NQV2Y&0WAF3+:'#WK:EM M36UM4)NU&=84MJ:P%>'91[$3'W$(MJYY=%<&Q4\+)T..?^PAE:9>T *_8(9_ MPD5\"0OW;!9K37%KBEM3W)KBGD59EU>CLO![=Q[[K"V/IT&WQZS/ MA/;G?/O)T*-"ECI'1ZWI[\]E)_'>5>H-(^6G?]^(DUAMO+'36:/ &@76*%!] M;Y-@8+?;]LQ+4G]!^[\^=%F#Q!HDFMX[6.L):R_R ^H!/""8;%UX\RF]*_VG M]*X\X&1H!7I-K]?9?<+SB7]OC6?-?&OFJ[H6VK,IEB[+<^&B5?LWY]>K-T?3^/^J,9E[$%2X*K%UP1FZ4;Y M;L="I-=S(;76G"?W7L(G7K'5H'V_/5WJONOV(-1_$;2W]NZNX6T-;\\-WFS" MA/[3T=^+H*55&Y5K%%NCV!K%UDK:\Z*]Q]CMU51F[O-/AKLO/MG-^R+?3D;; M.B/9?4_G7EC:."?MC:2,X$IL"J6P3/:(3*>/V%_,RV++1%42:GL)KYRWN'). M2@Z3^4/ROW$:)YW4XZVW&6[9&@Z8ARD\B$X6\,(RD4 .G6N&<*J;:+^\0C5 M)D+R3$F)SNSDIK#A#$,6-)!:>PG&EL7]BI1:-7EL.&F4@R%^[%(F(PJGJ'2S M6+:X8OLK@ =GK72Z+DE.KG3)P3*KF*ZP$NH"68N)#^]*MI15,V4UYEFJUHJS M599H7658O)Y.-0N3;\@PFMY)^M:W93BK\-ZIUN6H9W:TXL2 ISMDDUM-9W^B MO^CI=.!*KY!8)N"5C6BE#RMI:U2QJ M.FT:DO1R;OWLV.#\X/]_O]G:/>H=[_>/=_L'1^>&[L[.#KUKG7Y-<>8-% MRO&_"@<536NEF:\?["56MA#RR"1?/F_C7 M2O+UN>68),F>F]50V#;.E/NQM"1&1^QUIUKZ8>G//%-\=)'*R"1N( M;+@YOK^8\&T!Q9$-WQ&366L(7@'IQ5JBM^!R%9:YY#F-_/E#\A/;DS^'&6,N M0*2MF0YJ,QU\ ^%SFL1&^MM4D7JN%6'4D2H-MH(7)ZR,)3LAOG[_H2/%Y0+[ MT2W[/!&;Q*0G]"[%2#V>"C4!YSY*49N NI]R9?\3A5G%:QPZ7( MD'41M>J!Z)MH;\/=GXTMTRB@:Q5\BASE.MF) MQ 47&37I2=) O,L\&7[V9E&1B6_'&1&:M5 E:65)T0\9YLC>VF2+%!I!1G;Y MD(8R\T-.]^O:'*;0([K1A1ZU$0CD''&H!7[J2Y;G M>"F'7WQX+X73B=/./EY\:.0P;W/C)S;J/Z3)4*D@(Z6ARO>57N&%]K,)6QH= M5.!QJ[MRRZCQ4^'KFTEBZ^T%!FKTL,T0Q4^-;S#0CG=3VHFSLMSY0M-^.VK- M06M:39DU'-5DXVV8J(@11I5ULE6WI?IB7/")15ZDL;?I%*1O90R[!_NMM+,= M^',VQ;9,99TJG>PL#G>%Y9.>@Q$#<]<5PY[8(:@B%PVQ[:K"6**#LYT+^SM0 M^J@&L@BNM?9@H-/S"$U(XM,NCFDY;&[T>TW'Z*03M'E,YF MBJ]CF3V&8TXV5T"^((A4#146HZ8GC4A/R+U+ZJUDHXYWNRK7T;12_QY&$6M6 M7!".1P/4A>*58Y-VY!0EAMS4))F'R/&O&XUTH\9$YP*R M"O7K8WKQ_0?O]SB4^@3 ;?-90_N5,DUSW5-[1 #9(LS%Q,^'.-DL$355+#_\ MLD1A3[2OX0X@?6'' M#+];:BTUA@7:O6&:%SR$:&Q\P#F*]MV*NQ8F&8L9@-T;TKFG?#XA0XIF02)P MD1Q^EX5P:N5AK/NRJ91[M0Y/K7([.U*CDF@7YI*@A#Q.-FCP-#H7]&L+@:E< MM02/?ZHT::6AI_*XKC95?+.[]1=4>-[^%_S-[XN<]G6$BA_@=LN=KXHY;W'# M,F!-DX ++.DRG&(H' ?788;#6L+S[+"G[*IT21.\_6+]H MO_?]5CDV$AJF2)0919OG@+M'1[W^X5Y_[^#H?/_X;'=P>GK<'QR=]4[VSM_M M]T^^_ARPM]OZ0>!7\G0S([1^O'@)D;I]PK8-*$7%&5-56X>*BT=/F:EM)@;5 MT.G45GWTLRQ!+6?ZW=*8?^/C92X<+SYG*0.- O7I=3A4;6O=(VB&7/.L'7SF MM7#*5:C7A&PJ-7K\]H=&\#,Q/F8O MRS>^.[X\,977CB]_YU^VN_OM('"%VFX-R-C\E,S"(0KE+09Y/V:FG55-X-S& MJ993(8R.\]2GKW]-KDT5NM@[_Z*5#DQ2N7ST44EH*DRDMO#Q=^M+;TM_W-1L%H6+3=&?;H5E#( [M33C=C/1GD5X<_PROD=*N1I?FU-KW35I M%Z-_.DMB?Z )P"N#*VA/7KOX6V*^'WO%#*N%I2P%P-&*X+.B)F^+!\K]R@B" MP]Y@ZZUW,075*'MCXGPZBY(YF4:NXOU![@,X^+JX?X\R0BH\:/1$5J:;PT9] M)NK,^MH:E-,=^,L1^ZFKUU(3642=$0M%O C&O2;>\F0S&UAXX59+$!770F_!WZM(>KU0]3[89YBJ&F7=FC"OX]3I8]RM2.=U;\D*I78;CM*;$EA M-Q#61%LE]P@$B'(2*V%9!?60O=W2/?[M%0]FBH]\AZ1.HS6@/8 M&L"^ L"< X_#I0!VN-WMK0K 3B,_I8D:@^8,AZUA:?2=%)G8)@:DNBU9VB45 M,>,) V7:SJF.X4J/06M!T"]J>A"B^!WKE7UXH.]A>473(!3-T\(3CC#%G\DJ M9!!F1(M^M&4@\$H)M,@-':T3E>-9]G8B3?-UP^9'7+.[#AT=&2\N N4^00S7 M5'4L5>==[Q1 =M 2BWY M8H,,$XAO]KHD](_N6XZ A_Z,$>Q/G#Z'YOJ /7+[(N;4-,ER[6LR'5370MJJ MK,,M$] 08V?PJIW8'Y1$@1QKT?_ZO-DL62MR][>[1RGS!']6U@C^2@\&- M#UAG(#BE%4BF"-_4 O>@>]".P+U=YECO '#:9DB0:*UD'%-3>(F'S>*)[ 1F MUY$$IR=3:2\!C!,BZ=-!R5=AI\0.8!/ZHL7^*&)N-6$E0!)[Z4>B61P%WO"V M\"Y_&8EX4U^T-2+!4@BJ6AC,$L&D/2;%E$X$])ST@"KYAQ[3AAI1T/6E\1S9V,($R '"G#F.:3ZJRV^:)?0$:* MO07>L&L1=0!CQ@[>"D-,2IMW?@H- OW+[3$[<>MQ-M7;':$'+5T6K*)9F?;+ M!\.ZFD_S&KBNYJH(AAI0JF)XTY@+(_,I8L^=WVASN YX?;;*^@("B!%S%T-0 M8Z%HT/H^AJ';#+K*;_\64?@@04W+XNK7(RE_OYV MK[O5HE]Y$;RF?+%(X*$Z@VEU!J7!'9;S;^!PG,-QG!,?YAN[S,J'RB6*^L&; M!AP)-0EC^()%1S=J>YV#C);J&8RX'5F;,D;/ >F(! @;+%YM]Y"2G.&>* MLTZ5,6!@9)8-HP1-&LFG!]T0$%.UOFY9T[OM'_A9T8EB+3J M*W>:2SO>>8G]F*V^[3Y#2&7.7AB68YE%7\>LTE HISR+L":1>H-]OI;YK(%PUQ2Y,9A2X0^BU29[\#! MFXJD[-S*8408.N,6VN&41]8#FW 8NC[9W@QWB.RHPTSIH _\G:395@E:QAHS M?)O9YZT2YWL!+A1QO@M_..D8BX\]7GHDI8DM#,WJG?9 ED_9NTB5]7#]W?26 MN2D@.QZ/8#>^?+&-DR[IW2]_()W&.L4PDZ%>7+1D3;;J4O)W[-ZNQ! M.6@ N*.SZ5,+K:%BNNPBJB18HW=#)_:/$YIIG. NV6%;.CK*L1_KZ; ?3C)6 M50V*%$HNWZ] \JHB,UXIR=HE\RF#VD$H4.3<3&V^'+3&*2+56+,15F-:\A6KO&]9U\^=@R7+C9SN*Q0QY,7NJM% M](9;+X_!=&R-I:V*_I'$-:_FD;X$HJH*@]44*LA4T01,[AI18[BC0[\1P1^/ 1>GKBN&7OEH??6F#[GOJE_Z5>5M M6CD6H"P>ENXIY()9D(#L7_9SK5_ XZM=4GA<7_UK=D[YUCW%=P;%HV!.3&9V M)?P2DN@<1 M"X;#K+BB/2^=]M;Y\^VLBA(GUH;"(BP&DMJV\$JCMF2NBO5/6#&B62JH$P9=K3A M,'5#+V&]BM22VNXL*!1H):.?/0D9RJIG*5H3$P?$7.7ENVO_\-H_;(_D;D7( ME?E1'H&0OY*MD=QL7P[)&*D&'(,1/Z !'.A[YV03!6%CUOM6(-)H-\,RCL>% M/]\;$:7'/%AA8S&R@\#+D!%T9@>J[$#-?0,KCNM]UF-^R;(O]"E\H'"1%83Z M1Q&,F3%B!<, ?,J0G9[/=8[6R 9F+=F,-0JO4;A-3;484T]W M O'*[OE=&O\/YQM!U.<[/IS7T-O?[6ZUXQJQ&$DT@AACXUIR8I R)PS0#1.* M T-B94:,S!UW&:WJ>):MSZJC#\9 :^41%[C#)I=>?MU#*\(:]#-)-S.BE7'G M(U'? %OMZB94OLHQ:%T#@^= E$3M%F$VX:\XX*I35LG@&RK,%6+W5F(SICYN MD+!YZ#<&CQFOOY/@1Z?],5GYY8Q0^Y^=H\(51@^N#=>'PL&O4&KN<[]BL#K- M##3$B@;#P:8O";5BN)VT,.(AG9.*QC<&^/IYYGWRL\_>NX23;*X4/5B 5\]I M6.C8<3,Z[@8-CV?DJ2@*D)9/:>Q9UFUMW]53!K!L55FTE.J8U:J,S8C.H*MR)#*2%% M;USF:N;U18"Q3FZ> P&%*;^>$Z_-V!Z0-2TL;Y?S M$5XFH9'F$CF9=CR=,J.8>^VJ((47P9'(IB>AT&[ C/6JE\Q<.V-NFB+N9^FD MC@X'<21\[7*"LXX R+'U-E6?6Q@P'/-RXR',R]L-..9SPH!0(F%DPD@KK^,^ M$L>FEQR>65!4BK^/+YF@EG2UU&A^Z!!DA(:YV@ MP4P/NG:W88V9=\3YW J:^RL+&1=HO) J+MNZ:@P[X).,8VD,8)PI-PP02363 M>%2/76P75IW(/X[DP3$^9_&DWI'FM^Q>7S"RF H%IX@<,T;N.@5!ZE33LVVE M"EXJ5BXZGO9WA8U7QD)[?6JHE@R!P#Y!,AE X\S$FS,R51]%T@UG00FYE0BK M:O_UJ_UP(;JI39L&@1[_2(B;O6NB7%R._U:VCR0Y36+\+NX-DX7YP7=67<^/ M :K%9NSQ8P6[Y=C7,RXUP:*+K3JYJ]]32+*Y9WG!C8_J"SO__5B8KT\KD1L)VEF;?+ M:C*N?#35'D2-K%=Y,'G'R^<+]I*JBC]&VI!MM%G$=8ND7]32D&?6I>Q7;FUQ M@&L""$/H:\@WQZ%L%&YS2S)^O__P01\KX5C0"NL.7Y'SY^*O$M6*;^%V*KG- M.3%N\[+M>._I+]+.M O2*!BM[-Q>O]?9/?SJ2#PASS)]NZX2C>G)!K@3ZDBL M.):JE7YWR>#8ZWWUA2F9@Y23M(2#7"K7(8?.BW,>TPU]*V6-)R*U*5 MU_@YH\W5W%ZA6,+>_LL0FQWC]=%I[*O2LUP M&I_(FB5*G[A+BF1=D#,B?5U'4]7<,J])7:S4.@XY@4.L,[]94/]%I7 &.B4? M.17R0EDT;)9&@(N+&MB5@JM!7CF$:M#_!DG^:SDG=!GL&S*TR/Z31V#:AX%) M&65[[YBZ""ZY<&1;O?!(*[3:W^FW!%++E(9*=;K;-PHGQK:,.V0O\Y&S6>4> M+9-5+W.Y])7SBMKPFGBUZ@IA.=;**A[M'+1;JEF[ZBL4[)0IT:[LV*'9'4_R M<')V!#E$3=CI1X@^M*&\Y6X[S/"W1>-VT4[J]VP:VTP[F["#16DN:\56 MBI1H *S<@Y"20JBH I=ZZIE":TLQT(3?UQX6K;KR5LF5?DONV>_Z_>[.4:N; M_*HXZWU+W@YS.. 0WJ!5E<@5 A(?R+H*7\1),Z4I[7(6A7F-32H7[JJRV=(; MGR%\NM ?N4"4[S&YMZ8QMJ,);Q,?;;=C-K6#>&W66AGL];OG[_:[9]UW1_NG M>Z>#W9/S_F!PMG=^MM<;G.^U4&MED7>_LM1*VT51WJ=C/P[_;*\0BL3AXI)# ME#7<3GM5Q3=^H6^19?[,EAH&8Y_JBS*)379]!JOH-<&XJR#-_'GF%%O6HKZW M3ZIR(%F4V(CA.]T6Z%1K./===Z=W>-B2QW-&*H-86/"/N65=^214KM#S!ZA- M/ D;WJ G/BCGG15FWI73-=*CKA+<#4Y&^M(WO#QPVOE1KIV1.E1,'C%+RXH0 M;E(69"1SI*?\4H:/8GE1RCJ<*A,%(8%F3<^FBCV=?L9I7780MH<$";,D*U6_ M>E1W&/,M*/XH)0FJHA*SH!X57\NO1J)J&Y-D(+V[1!+6BXBW!/0OLJC6RRI_ MQ25##:4^^!SXOJ>ZE:-@&TAVCI/\["%'OR MOSO:ZQV=G[T[/3M<'_VVTFJY19[LT6N5@4B38:ZO!&Z(H[J6JUTZ^[F$NK _ MU,1/_$9F#*$^:1%RVQ_H2$@\]7K=[=\DELVMQJFKW< )C5RPDA$8,7?(P6HZ M0Q4?_,JU'E+SFJ20-<5_I-J:*=;!YT9EOB![V>?.A"$='S]Z^>7-S<[/SY2J- M=I)T_*;?[>Z^P<]O\."&?AZY5_Z^02US;=P--/UFH>T?__+#&[03OL6_/_XO M4$L#!!0 ( -:*J$H03 P_[1\ ,5\ 0 0 9VYL+3(P,3VO)(FL_NT!9.@A)@"-"!I M6_GU7S=(BO>E8P1'JIKLRD2CT1> 1@-H_/J/Y[EC/%+I,L$_GER\.C\Q*#>% MQ?CTX\F7\6EGW!L,3O[QV]]^_;_3T_]T1]?&I3#].>6>T9.4>-0RGI@W,[Y: MU'TP;"GFQE9/>^1Z^$G%]2F_B.]_'$ MY]]\XC";40M(<"@VD0)(%'M$3JEW2^;471"3?CR9>=[BP]G9U!'WQ.'4GU_\?/[FS<6) 8QR]\.4.VW '<8?5O!/3T^OGN^E\TK(*4">OSG# MXGNH&X%SP;D_+ZY@>?+,6R[H&0"= A25S%S5JZ^4KH EK>JDZ3JW5E0F 1E M%3PP[GJ$FRL>GG,\/[U1T!?OW[\_4Z4K4-*WV?_/8WPU#Z M9_.%D)[!.% YUMT2/PK4I06@-VR)(X5J'H"HK*B$G7P7_.HWJG>*G MTXO7FU$1]\=V5$3UMD'%^S,B350UJ,WT3NGSPB&<>$(NK^#O9I0Y4J:P]&,D M2.)[)/'BIPU(5)@YG>( WIRD9*VMTM%"+%&-C=LO'H^;D)&L>1M4W"(UZU&R M/AG%:KJ7@\,X7//;EL/*05U8O^6&MA;&JI'YM+ 3&'ZGK(<(W;:A( M5 M_G\8HUJ.$$V:JR?>B#2%QK>#G:8Q@/3)<9K8F(JJ#/S8GP%O(]A1$E=2O M"AH(Y\)3B/!3]'&Q8-P6P1?XAE/VAVC>'E';4)[IAW#6K/9?SQ92+*CT&'A2 M"1=>(9A):G\\@67":;06^)])G%?@\$80.?QIAT)-4%#%]!W%PW5,8X0!A^R/ M)R[(VJ$AX]^;)XO:;7F"*HPS?5ERR'U;EJ *=?3D9B%I6VZ@B@NKYK6L#A%, M ,!@L*3KB?F<>;@"=SONW MUQ<7YQ?GY\:I<NI9@C61?#/3Q*\(>L:U>%>4H\P9SMJJVR@2J5O M+\[?GK]NI5(H7S5G!.T908/&#V&3?S^J'24U(??.EOIEB*I*E6\NSM^<7[13 MY0\!WD/3E^!C3Y@/[3035:H<(<_?EXR0@ANJ^F%*^I9('# >Z5J#7AF2RH'M M_/W;XMX0:0+^7&$\T)&+N\)A%L:,NL3!6-]X1JG72CME*"IT ST$_F$O&8/H MU'8"JF9X.QY>#RX[D_ZET>U<=VY[?6/\N=^?C(\Z\=P[(H&K&?48T+D%!:7Q MU6CKG>I)#;5E_)#"?:@]:B6MH=V;$9AQW0'O?_.9M_S"B6\Q%=Y=1XU-$%?K M\VU-[QM/X/]N^K<38WAE]#YW;C_UQ\;@UNC_^\M@\E_CAU4[!Z];%W1 W-F5 M(Y[<;:FU&&>U1M\UU>A8J;0S_FQ<70^_CH^Z3,M=S(&Q&>4N^ 0##GJBU\+= MJF;K6JC6\YMV>A[>W(WZG_NWX\'O?>C \'??^.%Z.![__:CXE%K"!2V4;E'7 M14BKU?NZE7J'=_U19S( @$/5IJ3 %?L85_I,K2F(I6/"!^:U"AS7(:KN M1;\4]*($1A6>"G$:,=*CGB))Q((#/T(9>:)"ZYZWC<:J.^M*2,JFO"?!F^R%9QQV:!X-FZLUD)_7,I"P=4,U;T3M'TVD6F?K MS])M$=>J_>U::C_.XA5*&-JV2SWE)= W _$<8QNC#@B9CA%>.$FXPX=U3:0LXQ)+QM6]DV M7;4V]M-:-A:1B5Y&7,%(4/JC@;0:/R"U?S<83RS-HW2K["ZD\$<#:304D4<#K%+Z@'L4./5& M(,\=^L>-&ZPUI7<;FU)$@8$D')WD:L6U/;/3#%WEN9WS7PK.[330\@$>WHEN M.(*H^]QCWG+ U;R+Z%OHK I+A:K.5P<75CZWEY %^-%3K:C(( MVS_:!0M5Y.M63\^O MBZ;G$(D18SD@\:\""(G@0B+*U%P7=8BJ-V!_+E!,(FZ0BBPDL!X5%4EB5=Q= M)@_3XB68!0PRK>>T[317'4+XN2"$T$#I*:@?C?NE$9)@*!J,B(B#G-V:ZJVH M\ 9, +0 [8[0U90@0W09VD>@=DE$K4GE?*7V)E4,$U%F@)N]HDTY58<9KJK1 M\C5]I,X;$)2 $H35U':AU0Q==?SZYX)U5Q/E M'N!"[(;**9432;A+S'91ZWS5:F__38&W'^ P$D@.6?8)VP_.F'3,;SX#YZ/# MK6M&[F':P4 @E('!MH]8;:F]ZH'U3<' FM=RKD.&9VHB E2\*D&"$=)PD"-L ME=[PK@>SPGL=6[6(0LRUNL^Y5PUTGVKIJ&'$N?[1R'I4M3K,K:4*=7C8AQ]S M8F[KYY0AJ/9LWA1X-@7:.41'1DAO2J;T5GC4O2-+%$ +;135KG9G?BIR9T(T MAL)CA(@.7 OQQMBUX-,)Q43-]U["[VX_QFW22O7P]U/1\%>HU("B-)ACKOD/APM)I"#5[YX'C3&VAR[L]'R*D# MKEUP^D#(59+8-=/=[JC]6FO*A=-;6%- D1&29 0T&1%1ABUD(G?N 2?-K=?M MB#Y2[E,\%]Y_AN4<)T[/=STQIQ(OVN J[QK<)BO8R.@N/U$QE60QPY2#'0F2 MW8&];8VF6AO,G=AJ88,AE<&I]8A.8T5HL-6#BV1%:[@3I$:\)+V&(OAHG E# M:+N$KL%3O8PN.LM<:00'N)@>40=SKMT1Z2T3X?A6*BK!4+E\N"A:9(>H#(4K MN3MP2.=GR^2Y_O*[,<;*,?7BHM!++-/8<6%>(O7$=:XYONN$V>0EE/G$<9:7 M/H59$#RO*8B-#S@4;)4-,<0]IO*1F6OYA=^=MEK;*EB25MA6ZO*9 MHM5($6L M6J:CNC%# QQ0:2;*QH7K4547VTV(2XVT_:E7@J)^V+B\))N]02 M#G#*CB[H40OO4U*01;M(>$G]ZNFZZ"2<0G2J,!E)5 >OB_6GZH;XJ@?3HO,P M9;HZ^&FZ6.+Q1%A0FX0J[24[! M =A]'BQ)':Z/DX AA88B\6A\!1J?"(\X(^KYLGWT> W:1B^LU- _5EA$T M=E3T2DIM':M*+-5N5=$IO%+E':)3Y=^[])L/#/0?V]TGSM6L=J2*\J#'*(P MQT$)?CXG<@FS&YMR9C.3P)QEJA>/&9_>"8>U>YBQ(;[JO>VBZ_FZC'OSZ'/[EY[OF.OXA M^G54;%8!B:1!4@K9$U(&,;7V87_=NZ/R>RA.#DSG]>%)4P!P'I1KA<,'I]9CG8X,J$\K'$WSU MFWU@'IV?&-X2W_/F@G-__L$2<\+X J0BQ,C %Q0R80U48"6+\,PZ%ESZB>3 M*-Z?H;Z@0#_J[\4CG=(>C# N%17OC($VQ M"F=YHF-9JOOAF2EF,=XC"Z:"*O/G$JW1E;W%%IXO PI6D6-\:U MCDR"+W,!@S ,B5FA!$T"F*G>C=FEK%0,XCX;TAAZ,RKQ@ U>0AEPY!6\[3N@ MRAW1X$@A#7OHG2(*AV'Z'>T3-#OFU('PH%8_Q M,9AL#VP$J^&@\LA<(3%[)24.E3>$0T>1.>8J@73EJI +[:DF/#H/<"?%(UZ< M+^2C DP_SAQ']0B@%%"I"WOXISG,\NLMFB9@"MB;U;$&7O!4>;O7CCI= +W7:HYA_OU)P6V]$/ZG.32'OB/E M,(M]1AC%91KR@)E+K;"_+SM326G!S%,'I2-?$I>3>+S46X9^1; $"KEPKQTS MQV6;.B^)YW@P:\-U<:V7Q/=$@K,Y&("W^*HQUT5U]K_,F0M01'#%4MAJ.7E# MY$.0.)5;:A -3KW''+:HL<,EBT7O-UBQE#'1AN&7R&J7.N(I07XBCU4QO]45 MM%N2EO=EC/UU'@E3!,,JQX>%(K@.,(M^@3E(AEGW^#1QD"7;M3=!H=_HAH8; MK(80[HKF@F,5 /IQXYO@#%Y)M)T,&T4E^M'_2"4(.EAV1[>B,HQ4@FC($7LD M60Z2G[2C.#O4I8DO+=63CY* <4F9?CQ(8ME"6EVUJ%MFF"@IU) +9DUI3\SG MK"#N5EJZ=Z^PX+IY3[BPA(YR8/;5VUT]XLXPP#K@06!TQ=C:U75UH@HXNO,E M3"PNO0-_GW8<1YC!*=W0>P(N!AR\@RF#7^D,IJQ>7%M!_A<09HJUR$Y4TI/6 MHJM ]?(%U?69@WZH>\6>\58]7K$>S!<2UBIJ2R3+=WOYK='"RQ?K-<86-Q9= M"9:7+YXH5=F=%":EEMM>- 48M%M2MI?+I'!D7M^ :O'I;DK@X]S#XAC!^T \ M3/W)M,KJGI]-)?"4E4V;BOO:@JU@-MPI_A.49>&VLLU(3HV?A+">D/:BO.8P M/P4O*^*V!;A+4:4*.>VRS7W8&>,89/%V(/E"[M.96;^ F)7+!07,5>?'-A3] MVHWN95S\[L*/'G)6P+L1=;:)@S#JB.FH;+E;V2:;.0C#97B*@5MQ=N\=2#?? MQD&(UJ>8G:ECV^IEJ]V(-M_&(8P* =?)+ X[%&ZFF0.0[Q4>VJ8J^XC4.8+N\D MG3-_'H=65!KYL' 7Y)LS@UTVD9?OB/;*8PJS!67I#//]9 MNQW]W@Q/=C$.@L_;( M0G-P_3AUB.MVO\!Z*'.NJJA@[RK*V8KV6K"U M. $V%B&*K:LA3-Z9VNK***021#_#0G+9O:( ND+_V50C0,F5A\;0&I@@^);2 M97@*6%E8_&&$E1, M#+U9&\M_UZ[77':O_6>@3O@R<\6IL$0_^GNWXPS=R2_ZT7LUGDB"H:8KO-U, MS(<,]>7E&O,R>1)5K&2+]SZFIC=ZXZ.?5Y2&5_U73#2!W&!R1PR;,L9MXN:LLC2#UXT^8JO-W>'A@>L!M(>?!<=:PSHK# M9K ;G)$"KY5/M\UBWP1W:\[,2[K F\#<7&89JX38%SOEY$_HL]=UH.N4TY\$ MV<#FO C-UG7",5V62/>@[,>]SZ2!E7^%)6_XAM,-^0-'K6#UFTG TQ1X3_-I MJ29@0;+T9F"HZM?3C,K,4KD20KL![8K">O=*4C:=>1AOH99206:PKH72D"_: MA9X]FQ/YT'EF;LQ)[GLSVBWO@\6@23=<-'Z/H3A)[*424Q$;JQ(=E>!"VX 9 MWYP;$X<*._'P5];&F@'KQR6S:4_XW&1.AJ." @VI#V](]X205KCYD;]Y7 ^F M(V><,)GC(_51/ZK#-Y,R9&>_:DBWZU'Y=4:ID\T65%RD'P?^'\QCKI\A/OMU M[VX6#I'7PH7!\C.U\/(YM6U,B OF0=W51%<+I=VEGC*]?)(4? TYM-.*R7_6 MSJ*@5===N;>8M<&*\^QDN6D"JAV'G[O#3,@U]44_>N_ZF&AL(9E+B_//5D+H MQP^1@*(G'(?Q+".%1=IQ,+B\%E,&1)CN8%"4+*0*0&MNRMG0F/[;3YTYSM86 MF6?H+RK1C_XH5VQ\5$QMF>>#JHT@]S[7 Y7UX?PZH!PT,Y7<(?;E]U,ND/JT&TX^A?OL/,!SH6MDU@U>M])2[&4CW! M[SIIQAI![GT$OV:<#NV>&B>OB*EN8,:YT+M"2O&D;G4OH!"*3!/C*QA;(9C3 M(V)VHALND-S)4V8GI%T5+4VBZ#0!+ )7:<&^<'Q<9*5> M-P8!3#@]$P/\66,.2TWGBJJVDW9C9CH5&WJ:ZF M)>>BNN>#:1=HO$TE+0:,+,']9R_8C)I0.:_B+ NXOS.3,3LN/OD4)&^]9.[J M\.T-K&)@LE)7IQ3.+ITRS@'VXI?S2[)T.S989U@]YGE+V#063.8@6@.X_0S- M&4;PVF$O?F!+V.%WO(1!>_YDVXZWXSHYP^0+]QF[!IY/L^SX%ET$:P.U_A [?*L(CHC?H M<:L;82.Z")Y9=X5])QDWV8(X:M3Y+R5RS)Z3+*Y773>O?@V!,+Z^-))U=1-% MF=W?$,>;X<,#:3//?]:NQ]Z8%JXVK4P'S7_6CW(JIU26W/\I*]20"T^*B>#, MS#*0^ZXA[7_^2<#YHOBB69;\HB+].! <_0OIB#&;ASY&AI$J"/WX\1V/X? Y M]#W IZ1 >=!L=-_P5BA(;2=ED#HQ]/*KF0F--5+L\H@NM.!*Q*,*G% MB+I4/JI4SGB"QQUR/ GI#NVBYR>VB5 _:0F^NM7>F^4.\I47Z\B)Q#0;.!;D M3U:6EFK(A\0G_OA(F ^9EVARCU WA-W[PNW61TJ&=IR^)SYVU>>F*HV3-#6& M7G\MPL"% &]TPP!,0*BP\5%=<*WBLP)%!3LEMKD21*%8/U,''Q;!02O+0SVX MUIR-A6,U82F$VQLO9TSW[0;PH9W*G T<%V?6L0+XV09'JIA M].-I41 TRW[<^T [7*@,\7P:I+6\\G%;^H9Q6"C-[\+ SJ5/57AKS)YQN>'& MS*Q55[> 4$M1,+ZF'%(57[(01M2D[%'EW5K7+,I1:)H[KAU3Z]E(27W=)8)Y MBCF5[HP%@QO.]=UE4:[D=E5V^4K%&O'AD'A8Q.%V+B+/*C=3I-L-\IC*23+) M7OYSXQ#+;(D;:/X]_5XAEJ%D4\:)$_H"F;FUI% [SR#,0IBF/OM1/ZJ%0_OS MA2-8T76 TM*]>SAWL.2UAI"^,BC:'U,^ 4Y;**+8VC5A&AB"$9-2_XKF^H M/$EL.C!>6**C$E0*22^\?TV]ST*Y"-)R:)K^ HQC.4H\U5(/MM\39'GZOJKL(]0*W]P>4916M,Y) M'H)12-*N7M-(!)96SSP'!XFRQMF^ MH@:32$RT>M$3)((G(^)G4<$7+TT)TR>2TTR8);E866F]2$:[;6[?DUH=GSL2 MW\L04Y.^E^"ON[R2])NO\@^6C#*5T/L?;&H87%E\QWK$"76;QK$I;BT[TD9, M]9\7%+, 3&9,!F")#M2#14F=A>V^]1?1+5?=K-RMJ836=?);73_ HQ,P'B@\ MH2[#F"KCR9>/MH!GS\FD-^% )=.HZS+M,+T\:> Y&TD[UA^^"S6O?&ZY^.YF MO!,"<)G%J>)VZ'O8'?%$WPK]9U]:X#.JFTH!QO!F6_)FF.8T'C7HT"&G6FDK MH&=?;])HI9K)D]!*-0$]AZD:QOO/)G7=A:U;_ZFA["#'N%*9[+U+U5"FI[;" M\SJ8E"#>_H3U!+!4+*[ 5^J1!89*@+[.="KI%% '=\1OR#/B"_X0X=%_O#HA M8_0C?/-*)3ZH4=C>B=,L8JVU+A/WX9$"K56;I_78._-2NJ3X> 4GGBB,,6M* MY['/-I-<[72Y9](.0H^A3%9.2+E0ZIW1[T3"7VJD;,[\#OV5]D0@J:NOV6%^=. ).8BY^)U(]K9Y_;W$C#'H:P^IB N[W MKJE7C"P1V_>6&MDWQ^$"47\X3$\FF4RI'E,WO?>DJ MK W%T1JIMN8!:&PA,6D?'O9QB.MVU3V;>D%4U-3A>&<%V9X ]:BK&]G@.]_\XF#V]_XTC)QG-2UF%T@WGN.@'68"M2_ VG5(7Z9 MQC7!IQ>D&AHW$4X:S2ZOC6X@B*0WG%I'Y9Y4G$13PQW,&PP 1]3RS:#92B%M MJ8D7\RY)B1C<[A)/9C4X?)B&W/_!P_48;72@*PNK]6'U/-WXKJWO-E=I"O[E M*39FH9ER"^ U5'#-TT]:O_@THH_">43_-97%/?>(>0.X#7C9V4OF(_J;'4:)!RTHE<;59:)7+_Y'@WIV/%BOH$]RJ8\ M>,[%7(Z?R,+-91II#JY;]I%JRE,929J![C]+298U8:N)"W<#K.2^R41XT2L& MU<:_#@(MC3KH@>$M^,S-N[+"_8]UA;)?O4$!+6L!-C_LZ$5]+*2Y5B_YNOGDJ#?N6K M,-<0$ 5LYB=)MB#/]NWM*:7=QI(-PL_,_)VJI*N-Q[W-,+_0 M 5 M0\*C,ZJ;G0L[?N9J!_UZC09?:A?/L7IQ_MVEVZ3)OXQ\WYWO0<+-&OT+ MR?C["_API+M-][,&N0XRNZ]@ZWX9@V0FX7#6%?8-D0\47Q-F8!3L3X4BW$9, MB6^W[;QP20H[^?RGNRW!Y='JE7IBS/#0+^50[99Z*HW;K?!PMVIHCV=BL3&R;!C91AN"*PAE\)\"%8W^0V\LL+]1_:0 ML!%=^-*^3A^$KWC:%O<"1@#8MVUJ M>IA-,<#_TESGON[= MCI,2#P\6XK/(>-QP09;X+NN*]B:0NEU1*%7/#'AROQ(8_[]XN)W.J'O-YD!6 M9EAM JB?\.TR^N">E5( M.Q;!YHA>S.G2Z#1M[G)?VBSJP;3K![]3 68<3)/JB58\.I@U]SH@[;CZ2EV@ ME5^R*484TLR4E.G' S,?J-OUF8,YE8#JSU,FSD/G\_RG\]0\)=__3]02P,$% @ UHJH2DSG MH^T,+P [_L! !0 !G;FPM,C Q-S S,S%?8V%L+GAM;.U]6W,;.9+N^_X* MGS[/&.-^V=C9#5(4>Q7A'GMM]\[N4P6N4IVAJCQ%TK;FUQ^ U(6V*;+(J@(I M]\Q$N&VI "0^? R@43FO_W'U]O9J\^^F9=U]>=?T)_@+Z]\96M75M=__N7W M#V#TX>+JZI?_^/=_^;?_ \#_C-^_>36I[?+65XM7%XW7"^]>?2D7-Z_^ZOS\ M;Z]"4]^^^FO=_*W\K %8%WJU^LNLK/[VK^D/H^?^U==Y^:]S>^-O]9O:ZL6J M[9O%XM._OG[]YQ/=7/]&D-(7C^6>O:+]"_P\!E(/P(( X+^]'7N M?GD5>UC-5VVW:.3A\Z\_?/^%K+Y&2JG7J]\^?CHOMWT8JT6O_^>W-Q]6_01E M-5_HROI?_OU?7KU:P]'4,__>AU?IO[^_OWJLY'I6&SVK_&+FHT1_LO7MZ_3) MZXOZ]K9<).SGH\I=U-4BCE(A IWW[RC4[__+6IEY5[DPK.)WZARUF''K2I-4?O/FHS MZS(2WY;O5>*Z^K"H[=]:R/;=ET-(\1?=I/'Z[-N/_)Z2/4I9S>M9Z=*Z-M:S M-%\_W'B_V"_CGG+#2_A.-Y%4-WY16CT[5MRME0PB^X=%_#--@[?AXD;'*3"_ MJB[_OBP7=[]7>NG*^,D!G3B@MF%[,X\"Z/G-=%9_F7?JR,Z*AN]#??NI\3>^ MFL?)=A7U@5O_IIYW[U'+:@?OW_V6$7_;M4L[:NJO%XV/%8_KIJF_Q-UB[V+T MS.>#R7/H@MZR>&_R3GP3]='40MIS_].[Z]CLR,8?E(O]NE/+TKFDG91S.ZOG MR\;'^;1"2G/U+1EZ;CF+L^;IPZMH]34K*K+YK_U;#D]/S&*3E]'>7]Q=5:OIE4BS M3^ 617N3\U(W55+(XO3_6DCIR:I$]YUQ>.PZ@?K M;ZLE8'>A_F2S=57?EG;B/_G*)55RGUS/%NA-IL<-:F/SVM )]@C8LG0N:1]_ M/;[;/,)*9\"?XOBVHW2O;63O^;9?_A:KBI:;>UN]3PM3$\5,L['EWI^AY5PH MO?&?_8Q$4>KXFUFY6HI[ :%%Q;GZ^%]+G92"E4*S%NNJBMM./X/=LO)V;\ORSA;XR[]IM0F$CFI M,/%W$:F6^D"_C63I>SK%+=W]B6WW7NZJ;KC^''@BU+K\M)Q7Y35]@/6TW%?86[$W&M\VUKLI_M#F+V/;I('(>''_QBSTR[BLVN'R37Q#&3&8+N-ZYG\KJ_)V>?L^_EK/XF*QMM3JYM$MZA W MJV$;S8C-^VBQ5-%0;>K;RZ\+WU1Z=K&<+^I;WZ2CW[3\OXG+A%LKJN.[7WU] MW>A/-\GQ9=3$UOK"JV]!!L>PU0[5KG"/LLZ2X\4[W2SN-C3$_5+N+C:X? ?N M9(=6,[C\&T?>M_6R6B1_Q2;^;JEGL[O)TD<"QTE_'26KKJKXR\JOROVU7-P\ M.L;CAOFNGI4MGCX<5DEFV0]=Q3I5FKEOO8[/B<=IXZJ[:>KFHFZ:M6+1 M4IWIN97,O6^W4AU1U;/]B+:/72N/7C# M[5\H/0J51'H0:E;;;["_%V3U@"WHN5D]-UO.P;76GU['0>&O_6PQ?_A)&B8. M(+I_#_=_[W]J?V/7/UCT4:-^D&^FC9_]^9(\DN1_O6XZ(K.U MS@)ACB3G#D#()#"("F"LQ118U_536SHS[^@7UY]\>7U MS6+UUW4MNK'?\/O'MY'W7[R>IRF>:@3EPM\^E$]O/C/PHCX=PK'_9\/$B-M5 M]?%+G;HR[SXWG^HJ&$-*#>M METUOM'NLK+!8.^8@ 519#F2:T)#AUV6_O%8UP7:\R-=M)W[ M(]U#9843GC+G-##$>8"4H( *S &C#DE%E'7('D\Z]@@4#C//0:2B$AM:"'02H:XHDLC))80:GT\>_B+9T\N5(8N*1!3Y(#21G41N%0=UWE"FCG#F>/N*/1)^NP#XQZ-]> M;SMT&OHT:ML9W!"'85M#R0S8T.YS[_X;;A7R)>.!WMJ#9(?.LOZ@@-)X+Z$" M'@L/J+0$.(T=8(YA1:4W5,#3'<=M\RQYU]1Q:B[N-ASFMG1O3\G":V&UTCZN M"!@#0QD%Q% ,$,(^&.Z=Y1V6P#Q':\<,83TT3+D4^%V2CQ87]?Q8=JP+1]/% M,T2< MQI!3 .#G 2[1AC>Z$\@C9?E+ 76C/UZ^.O5[:>F_NR_>4&[A6RM MZR@")U )(0!RP@(),0&("1-QP$Q%!=ASW.&0(<\I_L $&Q+,7*2:1JMDX5>. MPU?50E?79=3I5\K!PYN[J^K=3%N_-F5V4.O F@KHM626DBB4=M'HL18@JB&@ MQ'L150^G5 +:>$[_],,5.#L8 MTJ9X(>.N+8V."RJ.>ROFA()@I0\/;!D(*QR,>5=XS_I MTEU^3=[OR21\N[CQS=ZSSEW%B@B8(LSKJ-*YV$<2][^XPTJ ,!4T2&X[X13&;WE<">D@5$WD:+'@/J P&6!@M2 M1X%CE$6EFWO%R+G?BO:R1?0-4[[#M6_LZR3M597","9G^[IV7\K9; <_VA0O M4%2P Q(:T"0#8M%$$Q +0 -'"%$<$.Y $OE22#(05KD7D75<,)\.>>9_J2N[ M"O2]:+>,/%NVL 990[0$VHD /+40D&B- :(I"IICBF2'4S'U4C@R!%#YEA(; M98P:\2.>"DLT,I%W5E%GU47.@TIA# N%T":"F6V**(9"MWBF=& M_L7X%?2%3J[1WXQ(6+F5!]%-/8N@S]>9@W8085_1 E*/1# $*)-NCZR2(% . M@0C,.6@A@E">SL5F0_QVG2S2%+9*,< @Q\ 'A8%S41\T3, XACHXVZH_I[RV M[G?0ZC[!RD7Y5:SR=!=@=FD[&U\5"A.GB:* :Y[T_3ASB0@*6,8,5=(QWL7K M./O 'S8V=9^XY--S-Z,X_E[IVSJNQ/^(W^S3>UK44F$-# M6$!QT_!)YQ<0:"X<,!!;B)FTO-UB=](KNKY(,BQP^?;&ZC'YT\XMXNFS(A"O M%<,>"$T](%#2J..3."4D\> OEC0$9AL+Z)"^$TW?_.+E2/"[U70 MG^MF,[CMMH=/SY4I)#&.&NX!$X$#K:D&##D'M/30>A05?=CA7C;/?4M?!.@3 MI?QW.:K9S%AFK/.-=7D#F MN7OIC1M#P)6+*/>!?1YB4Z\==9NEWPSS?R!]CJVRX-K$11-+P"'C@'H"@>2! M .BE<,YIH7$'K_T\=SA]D2HCB+G/[>_CZ*Y=)G]-.3I;'-C_6*B@@4*O7-QU M!?$@! ]!4%8"BJ05/OY?*7\\7?+ M%3%+!)"QS_$/!$.(JRM$'1P!\ES9]$V$SA#E(D$4]#$SPH$;S;ZB1=".!>P1 M8)PRP&WDO])126-2".,)T@YU<#G.=)73%S,&0"O;0E%^+IVOW)$\:5.\(,0; MGYRHG1$!0)?<9W39_3>3KVZ(9/MC<'^"*';GAX\ M7ZJ@RG&FXQ8)*:7 H&BC*1>5:6:A1,@@XT*'R__L).C_>JQ?\+)=E_T PJ/# MT[MTJA]':;%H2K-,U^\MX__4Z&\^F8>A#K"LPI=1H1((S6 &H< $^Q M7""!!B B6:D0[6-"G8LUA0_;CDXH>8,JI"=T'3]HW_M]_6CA&B)1> M &ICAZCG#G"OXGJLN8 MYSP\%%^] 4O)9AI_XZMY^=G';;2^]6_J>7+Y?QL^ZJ^[KW$.J:G0WB"(H8[V MIM1 2XM (#2ND#J$@+C%W';P&LGC-- W?0:',-\;\(4N*^\N=5-%'6O^33R" M4-J=SD7["Z>@/\JG^PD5: "*(@\0(A)092RE@1N$.GB>Y?$UZ)D\@Z"6BR^_ ME57=K!3WO:;S]Y\6T&#G-$QOW8D#%#$/C*0JZNW>*(@(9.V2C)R7/I+=A.D! MUR>V#!K?])GPF^]T.F:^\8N40/5;P88, ?HA16!)!UQOP\5-RIXWOZK60_A[ MI>,(+KP[@3#S*(V>WTQG]9?Y/CGR!'=YYYNRCCJ13:EM_<2O_[O+\'BV4"$" M%PI[!V!B-TIO2W 0 5B!I89&4TI:.:GCPH(-17,0:"\HX!938'T4 $D24!$0ZUIEVOL+'P8:N!^.+7I M@%H^OY=60=:^"?1EN"7'C$4T1& 8IQ12Q5&"#.CC MY#F_.0EO.N.XGS5;$Y%L2E&'D:D_^XV7*L\N(VV+%L8Z$14R"[ (%@C(H_$9 MN%[GP^#.T"4YWT$GR/ (Y)4'Z0#2?7T*CTV"\*2O_?K>[Y?>?%M11ZX+'())< .Z] M A"F6U3K:# J@M?%/UOD>5:<:6OI ;QLE+C1C1]'\KITK^&K^3Z#9GN!@D;6 M2^DDP-)&JAOI !?* *R,1QC&;IL.^TR>=QRYV-$7@KDX\OWASU5U'ZKRX9W" MH=% CZNP\$H%[5&T &$@0)$0]U_H^2HX(G662>@['*FIGVH)R@;QD2K.@UQE M]2#0^BIU]<#A&:UF9YG"::@(% 9 3@Q@FC, -7_('1@77TK//^17!DVF;Q1/ MMPJU>5YYT"K4IL)"2AB4Y 0X)Q$0Z>2;4B2!50$938-CI,.+Q4QO3$ZV"@T$ M\>E(^-VCS8/X]EW9@J0;8A$"4%H@X#330'NE@;12!4DM-YW\?G^J ^(AT#SI M4I8FP<9*?#]!#EV_MM=2B&AA2*4\0)IQ@*E60$'$ %7">X:<,*3#FP3T4QTH M#XOKD?K2[U64998B5_VJRRK=C=75M&XBZ-7Z79^]^]CH:$O8!.13I).YOE?P MGM&I.M=;8#5ETY&@DZF"$QH!P9.X=H^GF%]0-1UUN=2D/X5*?@J8CV39DW#_ MZ=UU9+X/P:?>^\IOO>C>7ZA@D,5)0C""<#29<"E8M'/Y!21,3#BZ[+*AL9^& M'[UBF&L;>Q#Z;?5!S_S;<)_G:K?6_7RA EH.O60(6,\\\,8RD*(Z F2L8RHJ M?1AU\!E$_*=@RR X'KE0@8,[I-?2[GY6KWF]1+LPC+V8--N-N1ZMEB!4-&HG1($;@. $7R M \\P!TP;!P-E4'5)2HA^JL/GGH$\C:]$BFCP70#7U@X36\H6 B./-+814()2 M.)T )%0IZR-B-&B.@NWBJYDG^-!)W";Z0;.7:_*QG]5?-B[M=Q\"'E0^ZE^2 MD@O$QNJ"(SK&?!HUL*B3<75)6=3(.CCMP9]F2QH*SEQKS#,0K?.X=O00WU)) MH5C@@C (4HP7P!Q-P5GB=JUI\$(CY5&7",UY#OOR>HCW@V(V54??K1Y]?*SO M\TP_Y0;>I>D\7ZH(EC-/'(OST7%@C!(@/3^+#0?/F+&$^B[:\4E7HLYC^[VB MTRN.)^-,A,DM[6-FT)TZ\KZR!37!,"4CE 9#$#N;G)*B$)H[+91G6O%^@@3\ MC/SI 7G+;*>/%NFX%XR[; #AC," M@D[;O!,(4 (A]!KS"&XOZE+^!:GSL.Y8D+J"F"^T2/>NTNE'?;.D3Q5.PI5WBM6=*Q#Y*Y;P4 MP& ?>\8X X@*!DQ$+$X6)03J8(61GY8IW3 \Q19T-9\O4RB+2.^G6&(MMZ*M M90L7B"!.L3@_XC;/F(Y&)V8,2,8(39EHM.MPQ7G2]WE#;DE]@9G;C#_@6>=S M10H3-7\:D ?.!ISN<*/VS^,*"XVPW%AO#>\GJM)/L-ST"&)^JCS&:V^YV.PL MN,KT&Y3$P" N@32" ",,!40ZC:&%P9 .#W).ZTLQ'&UZ@O*$Y#D@:%>+TH5$ M,EJDWL:) P-P,@1@9#1.E4%"!(>8[_+FYK3^&!EHU .>IU!\-M6VC0SB=WLT MYK95%-IICUWLNV91!Q3(&<"A4-&\Q%023T2G'+4G==@84@WJ&=/3,VN^:$H; M>[&*BG;0H>'1=1;$"$%=A$A"%%=SCPA 2E!@-+9!.*9I%V>/D_IZY.->_R"? MXAQ@%,V*VX/. 39*%(X;*0DC *9#,:HM!$H1"#!BE C)G5$]):;Z"?;&_D!\ M(DJF>);?A&_<'OSW#((Y_BA8B_#0.TH5G!/-*;)1ZX5Q]GIT?]-EH9#>"@T) M:N6>DKV_';/ =*RY\,Z90(,&.KW>)URI%#5( :M%\L?V@9%^ OT-N2KT1HP? M8_)G!C?C5>C3>M"1@@?753"A"-8J+J/86!!H2G+ B 1,B^3LHI'IXDN6*=IH M3F[\>'LZ..*YF/A/,#?3WJMD\I5$"REP]( M00D!$EL,>$ 8,.88Y @)%#HD.\_D;7G"&?+21N_4LVWC#>=_+?6L#'=)F9ZO MGO?-\TRLOD4HI'48.1B ESZES9$$V* 8\%1["Q7A]OPSVYWC'#J#@?R;HR*J4M9$Y#I$N[RL/79\7J(>O;&K12CB1%N4U3(N#4]3:^Q#W.\V0M]GF[BJ".3_XX&# 5@ML! F4, "EL;''U (J:?PG"3P]'E54=WC EH>$ MQU+GQS"+9P1SMFO"NJH?8FZL>W8?B'O7JOQ, $+HRG%0 M 1FL$$%0&E@'C\Q8@$\:]54U7S3+E4X:M8=WC5_L MM(;:5E$X)VG (G8;>PL4=AJ0( 20R#,3+0/!;0=U*E.HZD'X,B"$N8CT)'B4 M=EM$TH<^[F!2ZSH*EN*Z2T4!A,X"Z:0$GGH=E5FEA4.""MPJ$GH^Q$%I%3ZK;14%0P13':UEKG&<*]*FM\A& 4.\,581;%T' MU3E38L3!]J^!(,RVYGR+RIZ=:LO7A8SKJ(D= 9#&%CS4!F@"(X!!>X.$D9:> MO;O8N5I6_>"=[\'(*IW(+@(]?%)0ZVG<:CTP&C(@B5. 4"8!#\HA3IB-BMZY MV^.=1^>'EQ]'@Y-]N5A%*IVO._YXEK_ZX?[T/NTK*;C6,#V6 2X$"AC'26/C M"$"E*8\_4@B?_5'T<6!-A3 DY3>+1AQ$**I>40&',L+LC871 M\#>!Z?/WD^DVTM^?E0R.8"Y6K>++_J8K?;U:__9%#MKV>6$%Y]0*G&*&)H^) MV#&D55I!&;,I 36C9^\>V"\_>H(I%PG&RWF*K)<"T9AHC:T&( 4BGI?IK_?1 M'_91HWTE!1;2:,DUT,HX(*'&0#,#@:&2(&F<1[2#$U.>0]A^"3,H>-F.U'P5 M,9FE/*ONMJS*^:)9G2?O/W[=4[+ AI.@([1"Q_E#I(2 !+>:25 IJ9CN$ETU MS_EKOX3I'[%\]SV?XN99ZGLWT)XM51#FA%U''<;D+.Z,M/U.B4 9Q MSE.X5Q$Y'[LD )(PMDD,\AXBS$,_#M-#VKV]NL'U@=$_(UUTCW21+TYW3WZ\ M>0-7#.E&OPH@/JZ;IOX2Q9U_*\*CK_R]''VW]A?=K'6UB5_H)3@@.6(O(C)#G0*6,CMQP9VB&%4R8OX,$I\:R3 MWF HY_?[W-65%"^R,^M2)0522%KO/3 AJK:66PMT-'9!@$@1PB1&LD.0\DS* MW'GR[4A\\S-MO2MMI(<=+1YQ;+OV[ZFC$$9%E9Q 8_TLHWJ%\TS(](#9W?&$>JRBL,) SW4 7*.4=P*R! 6. M"S>W*%@MN3]_SY"S8%473$^T&3[VX]=DXQ[&JUT5%-PKY%"@0%CF@1S[*.MF-]LJP*W*%TYA MY!$6@ E"@,;)QX5@!8373 AE#5.M+NIS8K">VAL=.1B%'VHH7! !$NT!X@H" M*)B+8& ,A&8V"$@U[7(EG>NQ?.\C_LQKY_[1S/T(_ML>;-\F#J;5]FH*[ WB M*"JL?I5RAPL/E)%1-$IM_)<16/3COSWDSGHJ0Z;YL=T0SBT M"+5=J1.Q_-"0 MN/MA)%$K2^K4V*P&M1=D5C45".EH"3&:W@"3J L0"[1$'C#+0I#*8N;/_EG" MP&S8Z< Q!,+Y'L/\L-2M0E6\K5:2?[^>K*(4['P18LJMGWPN90RMX-V][& M(>?CP<;&V+7YMZ^2F.2Q:%IJV(VW[Y6ZQJV7CW MMGJ?9D,394Z3((_*OD?P-_ZSGY$H5QU_,UN[D9^#7/^UU$F[7QMR*QFOJJC3 MG@5F.>;_;[ZY]LU&F.W,S6U <'](D]XH-:O'CYN&]4/.S6.U]NMJEC9^ ?O.D MSZ5G*[HKW??9/- #ME8P.AD30>/0"9]%)&\0RVER3YDZ'] M>Z77K]GC+\JY34[)&;:8O3(4;$SHI;J@YC]X93(I5T*G=QO/03191(\6*828@EISA$>=(HNF((S*="$1;G5"< M,N;&STSYCH-U!@QOY^V>H=5"3<543J>(CABZF&(^)9!$@^R2JI$@0G;@>9Y8 M(C\SS[N/UTNT&RY^4/-&=K61S=_INU1')KMAKQR%EY9HZA&0A!* @HMJIZ * M0$^I%$Q@(CLX*XH_W/QY*:/X<\RJB0\^_LSMC\B=58["8 M>@X$ULH8# 52'>XMY#]GU9F.XDN<50^]_JB_YK_LV]YXP2WTV 8"#(42I&#O M*2U- "PPZ55*+LPZ&.SJG_/GG(;N#&R95;Z3YU6S(9LK)I!"<4E'(SD2(W9Q M>3D1+&K#%Q1)S"]@ETR+\ ]']#,:J3.@]:3\7,82+B.UOV^R$)=L3/"(3AAB MTS$<33%.H(W5%"FI\+@#O?]YK7WBT7J)ZL[ZDTSJS?J30EN+I)8.:.8XH"G. ML_(J*I+$&ZN8,I)UR/0][#7W']*+Z>AQ.X-%_RDIWU.BOH><%QDV@%W-%XQ M2A"3>,POR(@),9J.XO(B)D),+@B<_I%P3XEB#,4!&8T<$$@(#7"2EE+E>N0$>!L%:27.2.Z#-L9 MZ$?3LHH#^:;\'$M6"UU=EP_E'HI=I20,UJ_S4&90F0Z4J*#X4F&%1R,EIH1/ M&+\8TT@".1GQ2S4:=S@Q&M;/[ZQGRLL:U#.81^\CXDUI4]ZK[3& AVVP&$\F M4SX5(\K8B%Y"-&)3' %#EXI(=#'JX/7Q\OS&S\J6Z#!*9T#K_1%A!VZQN"07 M#%$I!1W#RS$>3R6[<9T3L;L/T$NV!^QOR]9?O&O]) ME^X^,U'\?A7](>MI:FMY"L8M9\@;8 V%*8&.!-@(#22SGBL#D\'V1W+X[C"- M7MI GL,6LO1I..^S@K[3>0Y>M[1:8,BXNN27:,PF?'0I&!XSHN3XDL#T]P[Y M.UZ>!_@Y;26=A^I\6#X*816"),OE\G=-%J.QNHBV$IV,1G@Z3G"-T[,02.48 M3J:X@X_=R_/\/C]^'SM.+U%7VO"&RJH3_=!N0;DP4@D"A#=QMV0! Q=@2B>K MO92&8=DE*>++\^@^,]VGCP$[@]7_NS.M^3I0W?HZ_^'>/\..T$:,XO*2J-%( M"H(C(%/(+B\I)DJ,)!F/V4AT<+UX>9[89[1+##!V62(+[@J[=5%7\S)28U7Q MJ; !8A \01A988@.K;)K M#8/(.WVW#@97WS/SH6]^ODKFL0.%?44+@[DD!DF@@[,@VJP60$@M8)H:B"4- M*-!SO=4??JCKP=$\H=;X'$:7L6LIUODZ]OO\*JY[JV4Y_>7P5X#'ME(X):!% M(H!@@@+..0@\M1Y(&S4/YY%&M(.E=++;DF&8>5K@3[.!Y]%Y/E=2GYQ^TQ8FC;%"A.P)-H; #5G0'-"@$+! TXDL5;'I8>> M_49_] C^D!JM5Z#R)=E;K^#K0,'^HIZOS(^=C-A:HJ F(,.D!TXA Y3!%+"H MN0 %H=<^FO .]A/!;LAD/_VQH2^0\NR#.U?HW_3B/@C^MZOUJ9?H?[HW(MZ&=TU9V?*3GKWWM[J, ]&D(.#SR(W_]7I78HFN51?<:(T= MB3(3)H#A @',O 8<,8@M)I'F'.7NA\> M/E97A! 88XX C#T&R'@%$-,"!*$"A)Q&4[G#27\>N^X#)DL>;ZWPX=R2DYTNY\G.OZURJ MK^"8(*RX!=@H [1 $ 0?A=40:8("]=YT>&:1QWGJC"AW'*1'7G,G\18[Q*N? MQ"M7XGTHOSYS57U,5<5TQ%#D-D&7:#RZH()/Q86$EQC)R_%X.NH0N"B/4U+O MO,F$Y/!T&87X86^,V:RM("F2/H8C.N'TXO)B3*8CDKHJ.21B,KHX=X^=4Y.F M Y@G.VO*<>_QMKG65?F/5=E\+>6]4-KV#G#S.#=OJY-R_JF>EZG*/(GOGA/D MZ2CSX4YS===^+]KX;N-? Z6"VVCAW;*Q-U'L.&&M'\U6"]CJZF_3 VCC9:1O MRGI?;IJNU1HY<5XSZ"DD .]0[&MT@([ MKRC##LAT)H\-97%AQO > !4!Z?+N/E\DBKQ,V.(/EPW_CJZ?^^5\?-T_+;_& M'=?/DT/#[:>F_NQ7"TOOQ#RTP4)JYS W 7!$"9!":"!0>!@K[:16]GC2Y@L6 M\0)(FV%L^B-TNFY\&QY$NDR9:._2&^1WNCR"K6UJ*[14CB(N 54A6K)!2Z I MDP\CH#TFK:C8\QS>SI?M%]P]U5S(N&Y9Z -0T'*@-.61E@&OH9"4.FTZ' R? M9"OIGP)'3<(^,1]\^WBP<]XUM?7>[0N?!0&8<)H))! .D0#)%[@%G M(3#?X31X8(^+\V9:#UAG,:;W6SS39=JN?BNK\G9Y^S[^6L\>7(ZG=?/VT\J9 ML[I>QUXYM4?'=^)\(_N#U.^]]>7G/4[#AU54!.,\=X(![TW4'["40&AN@+/: M:H90QX\>:B^(P=[P*+DU5 #&6 !(& $PP1!;&))N?ZY;7@[* MU.< >:Y[J\-Z=U5]_%*G'NUZ3HT+?E'RLL_ FSE1M Z >8N"P%$ 9D\"22&!"*;0= M3I'R.)6<,2.[ 'VVA"P_][Y&/M99>*\MQ5&A@8Q0$!SS:4>1P ;DL#5,!-[! MFS./R\DY$[(#T$>>FAPF8EE]*+\^1Z\NU144$8FG@JF)F$A(+D9\.I+P4JD) M(AB-SSY*3@969<0W"YE6[A"]\NF;&@O"(9]<8H'H2)$I&L')E*KKZ\;_>FFC%*-FMC:23TF=Z0[< MGQP\^G"C&S^./W(7]6T*G9G!Q6M[FWDYM%V&)P9M__THBEA=KR^MQW=/W]PO MPJ,ONG%G(?['>I$>P\5]8H]3UJ#R9"'PTLS]WY<1_E;8R?0O9:6_C"Q_G__E_\/4$L#!!0 ( -:*J$HQ)-DN8[T ,95"0 4 M 9VYL+3(P,3SBVA"I4??-# MU9Q5\_(?__N/V]5W7[)BL\S7?_\>_@B^_RY;7^6+Y?KF[]__^OX']=Z\>O7] M__Y?_^,__I\??O@_^MWK[VQ^=7>;K;??F2)+M]GBN]^7VT_?_?[9Z&4\J?=;ZM' M-\M##X9.X4__Y^?7[W>0_+!<;[;I^BK[_G_]C^^^VR-7Y*OL77;]7?SOK^]> M59W[O<1C%MU'IA\O4V"#0(=IEMPEAV M77XJLNN_?W^S7@7 ( =X#]?_;-!R^_5S]O?O-\O;SZN UT^#C/+-YZQ(XS__ M4>1WZ\7KV'!CLVVZ7'6809->QYC=A_3CJHLDOFW?ZXCS]?MM?O5;@[$]>7*( M4?R2%E%>7[+FDJ]IV>,HUYM\M5S$)5"GJ_B]OO^49=OZ,=:T&WZ$;],BD.I3 MMEU>I:NVPSW8R2!C?[\-?\;/X,VU^92&3V#S:NW^?;?=HO:Q>C(XX.-Y]P%O6'SWL9KLR*H MKO$-<<_]9[:X":]55^$'RVV][M2P]5BCM\SWO'6#,_\^-JV=M8LWES?;W)ME'G59OP MEWX$5]/I6'.+AM[B;A6^FH<'7P6KK]A9UIM_I,MUW.U>K1]I*WZY#MK7,EV] MS8KKO+B-JE@OF PTF"FQ/#;8?+.,&[!/E\6_TM7=^Y:Q9M_(^CZKC_Y&?G^X%E[I@KV__?IJO?N\(FGJ!MR@:6_C=&FQ MC@I9^/S??PJ68,W8CCT^V'@>J*<"%HOEZBY*\GUV=5?LQ.?^N%K=+;*%+_+; M:&K<;7NHPUZ&U.U03W:O![I!#4#;-AZK-%6O]9?'Q]A MQ3/@ST&^S2C=ZSM&G_FA7_X=CS;71XGY6 M'[V-_.>LN,F*#T6ZWJ17#92ZH\\/-Z)'P.QM9'7U[[ME^%K#+OUZF7X,1(XJ M3/A=0*JA/M#O2T:9>SS%72[N3VR[S_)4=\/-Y\P3H<;MAQMQHV^WIE5_H\N+ M[4UZD_V2;[/-V_1K?$O=T$XT&71<#RKVZWQ]\R$K;FWV M/Z?;>W/JVX'U,=&&?0\ZTV:?0FW#WL;XIKA)U\L_FYQ%''ITD'&CT5\?_:O;)-N_:$0,_%U8S[*?E^OE[=WMN_#K=!46B[VEEA>5 M6]0Y;E;#OG1$;-X%BV4=#-4BOW5_;+-BG:[,W6:;WV9%//J-R__KL$PL]HJJ M_OJ/++\ITL^?HN.+*L+;^L*K[X$,CF&C':I9XQ['NHJ.%V_38OOUD898/\K3 MS08?WYD[V;G=##[^1T?>M_G=>AO]%8OPN[MTM?IJ[[) X/#1WX21K5^MPR_7 MV:[=?R^WGRK'F/N^WV?%E^55\W5HJ@$-CFG#[ZM)X][&6I[:9XMX<9&%US70 M!T\W&GAL9WY9YW4R\-@?2'SX]RJ,:GVS]S#37Q^>N=]GU>]IT?"(9K3WCX;8 MASPH'.^RH(,TU/#:=SCPG!JM TV:]C?.NX^;[-]W0<3N2X,+H6./]SB>V]NT M^!IHNKQ9+Z^#1A3(=W45U_V@8;[-5\L&H0_G=3+RV,]=Q3IU.O+<>I7/Q')Z M=-5=%'EA\J+8*Q8-U9F>WS+R[)NM5"VZ.CJ/M+@JIW+_U\>SJ>*VENOM3XOE M[4_WS_P4E,!O1WDD,JP,]HI1970W^D,_7/RRRZ_1NM6TYQ*/] M##C@_#9=KKN/]YMN>A_NKO[ ZO7X9_W3\=Q]1%VN']K]L\]I9:)Z;WQK^=Y5?G6(UCM*7Z>;CSM>WVU^N$G3SX'?D/V4K;:;\B=Q M5V$_ '@?Z?L_[W^ZBA'->7&/[\@S_?#XOK')+'<-$B % %IZ MIZR Q *&'2]G2("!36;XP"%57'V7%XNL^/OW5VLC3E&D_28(L,A8([SG&S# I.:F@0\CY$(T0PJKY(J2U/#BJG@_+AJ&+\G U#B.\$0SIA]E(8 M,0T3OIG(I1!A&@+L;_#RXN=OK)\#PO_VP<09C(C%7$O$ <>$<8VJ-33\<$S! M'[+?3DO]7)'D/6)1+]EGQROA!\G]C=7;(O\2O0Z/RNOHLXEGQEFH&#,24D*, M$+ :)F:4M189FK'(^H)CK._Q]?)V>3_E]0DIGWH\D0YX&+AHO6.48VD@>> C M\::UH/&,!=TC(F/)NF,DF?YZN(,:O7_ MR8!6!Z,L_!)81U4Z[!K"ECB#!D; MM)! 0"K7SU,%J)5 *PGE;';/@0B-^ M=H;\KT"V61HT+Y)CO6C-;S[_&B2Q.:DM?_-,@J$#E&)*P@KO$4?48E<.RR!G MYV?8](=TW@\H+65E5NEFH^OE]>RYA-)@HSN/L(786:'"<$DY/,TY'E'MF%)F M78%I*;C'6-4LT@<8CBCC3$'KL-1 J#%X@@!6%",S/ MC!E$JCWC--8F727+V;'R7JVN,4V.MDD\M X&]+@,-ES8B[A'LCJ'4Z[]MGP^ M%Z8T+/H":"P2/!YFK6[V_.'$:VJE9MX1QT7\#R#5K*S&8-ZJ?P_2>GJUV1=$ M+X4 LU3'9R'WB>3]X#Q2>W;Y[-DD;%H>6$&Q\5XH"*@THIH3@S/4O;L(YIG; M0C.B(>[EN!@F[>&WYG239@1A]X_36X,DO=8'X4 MZ>4,8)^_1=V$UT;%YZ3A?_#9A",9IB\ (<&,=<%T=0_;)O-@5&DVV_M[A#[O M%YT)M+W=0?+FS=TV%KJ)M8::*7[/FB7$&HL-\%9PIPR*5[\/U_(2Z/GQ8! 7 MUMX0&H\+3U#8#WS_XVVV@"<)4=,VD9)!;;VP1D?%FA@,3#5G*-NKBH.=\([A MV-P1I@OQ<]@'^P_GT;#O/[%Z=S9K%?!$6/M?1<&.VX>@&)30-GV MNJB:?;Z?_<,/WL7A';L]JFF6<"PU53P B*$-2AG4OOJ&-)9J1*MT?!X,@%!+ M\9;:5>#;Q^5ZQ[=]4:=O\B[NW'>OLZ)XJ+SS1-YG]Y,09Z AP()X^.*1@(Q4 MF(5EM3T!Z(408&C(QC8_'\WCV Q.:2?G=)-H X@7F+B M-/.\Z#F5X= 2K2_ MBF870)X1$!OO^C(@\2E?A2%O]N2/^1CW6M?GU7+[9$T\Q9]SNTHH$90H1PW2 M6C%LL4;568!QN/UE)[\@#@V,6FNEHS+,[#)ZDZ\7L0+*TRH8SW2.DZT2)TT8 MN@0&:$$ Q (A70X]^JBW%KBX ('W#]"#;/_CIR?8A&'^UD^0=*.:G[V'9I]? MNG/ (9Q=>'/$B/%J;*\;1(H_?SA!BAC"C2>.0XZ91MP99I4R2BMG;2-K<."9 MU46&?_M@XAP3+*R-3IBXXQ(<3#;E!'$,)G-?<.A=V[^H#DUS-^]JU)[GEPR'ULM@PRXO5 M.9%@\MNX%KY70!!K93S4XUIC;ZC$U1X+H1@UDK^9#=)1-K7N5^U$C_9+E'0,8TQEU##,&N"'=7E7(72,XP-[U?Z?:(S M&A.NKNYN[W:!TV^"[5=$+(KL4UPO8[G?8+)E]:QHVD?"N+ :&<<4$R;@2ZVI M5E NX R#RGMFR$!(C<66=S&%VSI;E%=VM=0XW"#Q#BCK!;<(.B!M/'(CY>R\ M(*(U#P:['NN7![W ,I;0]^="M:)^_%C"%;(<<*BXX= *2IBO9D*#*36_ZZ]^ M!=P!C+'$^DN^CH:)7)N_"?'Q>Q*S])YAQ9D\)Q912C"&2 M' MA-"$ E7A(PD>-DF]&EAY/%8<%:[0+SC,<-I_[(')"K*31TPPCH7"PE%SU ME3'401LWI(6)'K*:[X X(K>X6NWSMQ4XJVVVQ_'BWW14@S ^OCV== M>[=Y01+4)\ 4!8)+#9W"#(*'I5?0]A& @UFFHS%M"H#'HF=Y#7SJ,J-Z)H'& M0>I)F $U %JDI*M,+JML>_?@P8S3L4C2%J.6_A%J\7_O[@O";?-O#U66Y:'* M;H7\^+2LS9?L BZQ,Y)<5RWP1B[#?[ 6V7W./.%],.:1$ M6V"9A P &-/F>&1$]7%1Z4AK8@YF+0]-S L3R7C'NA4D'_(CIY']0W+RO'B* M 855BB#-L5- 6:Z%=5:RAXL:VMY_JS!D7CJ&*4"&/BA8'*,9GJR, M1>F)(![M]+7(KY?;U_GF%,T>'DJPE]@X#J4T#%*!*%"\G 7QJKU1/9C?[UA$ M:0W2:'?O^[NAL*SN?-M7^U*:U8K]2[9]<_TA_6._O#Y%[=0]?9=^$RT<-)X2 M9(%&3$BML"VQ K9#!K7!_(K'(M28N([%P6/7DO&SL6$B7W;SW?S77;I:7G\- MJZC:_#-;W&2;-BY[\0J!#"DQ'- )>86$^VJ8P;FVW-17CH7Q\9V0-/^ M75 ^HUMZ&&1^_>;W=<#IT_)S^(JBSIG>'(N/Z*/K1$H*-4,"8T)$3%"*6*6H M*M/E3@)<*L,FPG;D^(OJ:F?SYMJDFT]^E?^^N?P(!,$0 X :P)4(G[7B(NPQ M!')++%9,-RJZ-:\(!"X(YM!QQK 5SAMEM+R?$1((C^EB>&X$0F-AG(Y . ^! M64<@E.<)-ONX_1"&6Q-X<.CQQ(0="VK-E$0.B:#8 TQ*.!1A8Q*B2[Q!8ZD^ M+572'9.Q=,NG0ZWU+#_<(.$(:@S"5+2E"$'(:%!7[F?'O<;S#C3H)K :Z7=" MZ*7Q8!KYUX08S$'\$SD+Q%0PV2*.M=;+[-FS23 C")=,:B*L]UPPX'TU)P'E MF,)NIIAW%3*3CPIF8]@-@%NP2#Q$JYT.- M;7_/.9B71L\B[@;(:%X58;*OUIN@1$;MI49E>_YP$K1=[+%T@!M.PY*GG:65 MIH-I^^1\ ]?WZDEAZXS(-')N5!GI6),$:>"9T=$Q*'X B@ID2],' 6OFK;)U M$=E)Z7=&Z"5R899JVQPHT,L)[,_9GW^FZ^4Z>YVGZYH4N\^>3)0D'F$-L+6> M&"4<5.6BAP%U,]3"NJ.=]PG):-$=V38>8]Z7JUWHK[]NLL6K]9O/N^Q9ZQMU MM5U^V1=H^QC 2:].>>&>WUE"G& N3!\HJ(/6XH%7%;J"CIH%HKUS?]L#N\'Q MFJOS 1&2*2^!$X9[%?XPL+1C,=0=$M<-)O4A177<_^ \G"9Q'XSN6^NKY2H+ M"#U<)7[(^UM5AGA=@K4&A%ODB%8Q9;K&U%?( CVF<3$_!LX \?$4UL]%=K5, M:QQ4'S^6..)@3"['B$0: @.]@0\[.6H?E3Q (H@5 #*25V6/EJM@3 &9Y= ML)V&1=%8M#*5,!275[>T^"W;OH[^3*^7ZZ%,^IC_B5[-)RC^D[3IHGEQAMM M;; ]N .Q*+BM+%B-.D14#Q:/,E.F]()OWR3Y1Q$6N44'JCSK((&6(L"\YDAH M08SG"I1WF=@@-<-\]/,G3%>41SQ&_+*,URP^+VQ^]W%[?;=25[N-M.9@\6BS M1 (/D(&&J6!/"N4,?#@#D0"T/VH<+"QE%GP: -OQDHT4Z?+FT^Y\_EUVLIC7 MTT<3PESX&"A%SB@ C)"8@_L9$>QY>T5XL,"16;&E(YZCIB/23R.73_'D8(,D M+)[:<,ZQ(U1J2IC4IIP=@*9#"?'!HD#F19<^8&VIT_RZ+K)TM?PS6_PCX!;G MO5OCLN7-VMP51;:^^KJ+U@OS"V-Z%!J5KOTZ3+#T@$(DN)#::<0]Q;I$1RC10<,:BH=#B+Z670-@V5)?*L>T M7)>#V7]_'](_CMYFG&R3 !LL4<2(!I8)Q*4RJK(QF$+MUZ(1,WWV1H&^X9IN M/2F/IMZF7V/P1>!J^$EQERU.WWYUZS!!1F!D'.'&2*T]]@'U$AVJY S+54RR MG@R Y71,*[^2=UDP$NY.)2:H;9MXPZWU7B()E:#">T5@I1XBT#YIVXB).T?@ M3S?86FX]Y3#.V7I.MDF>B''9@_@QK7@R\]?0)UZ1;3US+ M'@W]?IT[=[\YW$L"I;06&VBQ=8@@BS"N#B&<9^T]ED?,[#C.)M,+@/,+P#G! MH^:=)-9 053XHG" VL0;.U=I-XJ\1@Q[U'08/GCA$;U_K2J3;63.YP.3'RJM.+,)\5 >L+N,D( M$F!:W.TN3&K/[&K;)EPJY!DE00V7$#-O"2]7;Z*=F.'9S)1DZ0C?B+Y=5UFV MV,1TV_O[D0>6_S-;+:[S8KF#Z_:TR\Y9_230*6:!=A9B[9T!\?LIL2">M[>U MQM9V!J'2@%#.3^'I1=%)N',>0RBUUE9X!Q S)=94$-)>P1GLJ&9$0@V&X\1L MJB*$^E"?3W26 ,$T@HR'=5LPC($WNKQ,H"L<)J6%1TJ+F#VFG"/'>(;5#X<4Y(DMK ML8U'C7?;Y7G][ M<]V4&D?;)!IS'-91;SUD"% JC'7E' '"[>\-QE:4AZ!&7[!-08V@R=_=[G,X M-B3&HQ:)Y9I#C;&0T&,DC62HFI^QOOU)\=A*[]"T: _:%*1XE-BS(2D>M4B$ M ,)SA5" *BR&#@)=7J-0"SL4AAI;<1V:%.U!FT*_>!4H'. (MIO);V_S?4V' MAGK&P;:)=ECX !Z7#!,-G.$*5!NG4NV),MCUY$3Z1A_PC7U@=T8"BF--$LMX M, T%#,NBTDB&;=0]?!2H0WS"8!>18Q*D']3&YT55N[?A.G*R8>(, Y0PH1VC MD# +C2IS7E+B.]PR#A;%.PE'>L!N0J8\K:AX'EV>MDZ"S@48X]![A;W5FCU$ MWM"P";<_JQTL4G=:SG0$< IMY;&>]2Y;Q8)*;]-B^[5&IVW:18*D-4(H%BQ_ M!I&6U%:^0A3C9F6,Q@W?G4AWZ1'%Z7D4:[=>A1GLZG$]!ZX5L6KZ3.+EJP2. M,F@LI!X:XHXT28PD /*8*IM0;SR51#[:%4NTC-P<[ MV^GQVJ@W7,:2OMO%%K^Y=G]5> M*XDQJTZPO93MDX(.=B[3\RIP)@*C99NY^_QY7S0S794E8U^MK_/B=E\(O-Z3 MH&$/B7$$*$:]YYIH917750)$'B0^?N7P_/9SD7V*-:6^9 ^I M).KJB-^/=J!!W4>YA-^.-(Z=-X;.BR+_/5AMFU%?]DM:%+O,3S;;ILO5L9>/ M4.0V;'RE9XI/KV(8]-?7#8JXGVR7."$]DQX82CQT# A'@KGK!%%V%P379*T8 M;[YUI=V/MDF(T=@"8'7,J\T@#*8>*>>)E!^S?-3)*N\]2>MI6=^><$GG7/O] MV^G5E!%]_G#"%-** VB"-0"Q 0115$+A_:@%@<\J(]J#<)_:2%W!&A V?.<&5)(A!*8WDSI0S$XB2>5<2[2*JDU+OA,Y+DO\TDLP$!B7<\6F2SK#H'0EE>SX1]KDH!@13J%@^$O&5#0 T5A.4,M??L2)>=;RQ-O^SU! M-"4)7D=KK*C=".J:)@@2":4)W,=".L>9)]6,#;!\WDI!=T$V8$8/>/T5F#)+ M]6%^!#F7& =32;!C7'* H*?,4^F9$N3A3(6- M&4H[\?[?%I-1Y5JO[#\\E6 A7&"HP2Y,"$/NC:W.RS@",[?M6\CCD$0[87&Y MLIWEQCNN2*<1Y<_I'\O;N]M:87[S7"*%(M 101@PS$-G"?#55A)LVOGMMJTD MD?>'P6CR#)@VDN?CYQ(?5 -)!-20A_]IX30 %2(2MO8$$X2-H-7.)&?I$=A%)'F/6(QV9IFO%_EZYZ?X M,5W_]N;Z.HL9[<.P7[_2;][5"KQ1^R1\&HYAP('PSBBE!%75[B=(!U?PP;2T M'GDP!$1CT<-G >9TY>_6BXTK:]"]_SW]W&@U:- ZX0"@F-!/686PYLPB7:V= MTJ+VU!@L.5"/U.@?H)9'VC_?;>_2U>JK^^-J=1>=0-]\WL%Y6&^O:9$P)#$B M+KR"$V"MQ]B)WYTST3J>[\(]2O4_9^;H^I:TZ:)=Y0R0V)*7R\D M,]AS6EW:>T'GJ;3W)IIZ4?#)+K1P/[#U\?VZ M12^)>$U\+8Z'NMJQ6'BAG5[QM4@#U@ M,UKBAD]YL?V0%;>L2E1,@@Z*!5CC\<9? NI:_.E_O$ M=ZM]X#.9[&MOVXZT")H&X>$S@50($0M.ABVFLD XGKO/>4>9U3&@$T8OCPNS M.L69%P4FNH@MEHN;['6>KNNO8I\\F@A!H-(6T;"':1,SQ_-'IUQ\AH5;.LOF MZ8UL-TC&$G*<[:OU9EOHE=I(/_AP @WT86_BD&@'/%>8N.IX&% Z MPUV[.^9YSZBTO4/-_OPS78=-Z:2^=>3)1 0%5#KD@/#480.L=CA0P,J,8<.5I%*#+$V^=].C_3Y=31_=WA MF4KP]5':!QLD!$"L9+ AF+&<&8$P-P]6A';S5KBZ":Q&^IT0>FD\F*6R-0?Q M3R/VG_-B>Y/>9)OZD+-OGTR4Y9QQIXG"VA'E8NJ:ZGH LU&C%AJ&['<4S-/X MLTZ C"5@^D:2]Z^KY%7NFSL[7 M'I;S!+S)KGZ\R;_\='7_PKV RW\]%6[Y\T2M5O=#7&;''1I//9X0:!F1W%"% MH8*>BD#?ZJ(]&)OSWKC;"2@?#)>7(O59;M/3"7L"(;M?WYT2:OAU8L/6!1%U M0D+$)7?8ZFI5# M4E=7 ?GP.Y^EV[OB4!+N'GI-B.<24$ZU\YI:;@U!#P=:&+;? @8[F^N7+^-C M.,7JTW!U2;AF6 " *2#>&08IP96UZUF'*.7!0A"'7SW.!&6:NS&?9>HVOUN? MDO21%@D#&'H(C4%:4(.,-JBZ03",MA?Z8#7JAA%Z/_CTZ)#N8JV+J!-'QX\3 MZ__)=@F'G 2 *$.&$NM<*#R[. 8M%_A!RLP-\P*WR=*TWSD.MTL-^\_%UFZ M>+-^''L-&W_UQ[N(\5@\^@LC$/ZB'8NN8WL$G&2>M\^^.5B1NC&6@=X F]+H M^'5]MXF%???ZR\,5+X#UFP4BB$1[-$V.3*@*D#@V^&KS<,CH:>=<;X]8=R.\-:$!.N-<8$% MA A#B80JS^*=C/?N(UY%S\JVF0[C*>XQ_SM;WGS:9@OU)2O"%!X'H#:\V#S1 M0X()1-)CJX Q'@/##='E_*F1[=T=SK\EF7:!&P2O*3?-=UF$,]C]7<_JCG>4 M6.TL<9)P9KU35%CN>8FBU/ZT#%T:?(7&;R"1/K\ZVR:LFB5/&NY@B06+B M*.; 05K-$,$.\2@7=I#;$T+3<."(X7[\X00;Y+&C2!#)D.>"68O*63G<)9G( MA1S(]H9-2U7XV_<>4I6.:+/U#1,<-'BEN<5 R&'MH-C-A9S MWF6?TZ_W9;P?,_X$3XXU20P'# GA#5*8> ^!PH^^C2X%."[LB+8GA*;8.!KN M%XF"V ,"%2&$*H*5(,*4,U'2=I#UI9V9>G*;>+>E*X7ZNKJ[O9N%3@>-;#9-EVNCHWO[._J_=6G;'&W"F_R>9$M;]:E&W#,$;ZIJ'+D0VK8 M.O$2*TV(E,AJYH,:89W%!&DFK*!4-@IGZ6$ZNW"%5E/9!SI 2 5S&DD7E"$9 MS"D%Z?TT&"&H_:7$^6>'Z6KU_*L?1"3YD!CM/O0XR<7V;Y'SV>+OWX=-)WOX M81YLDS^V;I7%C>COWV^RF]O=6=$(^L?]AVFS39AJ>B);_>D&2=@/F1'>:P@E MYY1@J<4])%QX,&:-DD81/[V+.A\ IK&4T.>#K0W>/-8D85(R"1TFV!@AD; & M@W*&%GDP[VB@KF*K94$GE%XB'Z;A04VJ)IQ,- MK7-,..8Q(L0 1E&Y\7)#YAC:VUU$>=^PC'<$42K>#];PN^7FM]J4:<>;)9IS MJ!$#7' NO?=$$E[.5#$_9FC(+-2!'L$:GQ8FZ*=%>M4LJ\.I9F$!Y=Q8Y0@0 MS'B! VBFG"E4Q,];.>A'B$>9T1M>+YDALU07YD>,:0@1%\I:?>'AH01:$*QR MI[GU%#'#G5"DG 7R:$;5;_H5RM/DN6T1F5)#V/PC3/EUOMGHK_>ZT[MLM5.< M-I^6GUOH#O4=)D9Q:@,BPD,M@,,LV3*- P) M:^[O:;$H-^OZ)&6'&R1*> \I 1!A*CEF1"-=W20 +^>GJ?0@J:=E=ON 9BS! M/]YE:X7^_.$D*'"<0NRHX%8+:!PBK)P5<[)]PN#!7*G[%WAG6,82]C>^?4T$ M?KA!HJ0RSEJ-M5,8AS52<%3.3EK0/AW28"[6_0N]%VA&,SBW^=5O^^I5]7;G MTV<3:B4QB >,@&/84["W.Q SCGB7FZK(14<>A=P$3XL$@!@KBMEBF!X4R+ MJ7<34)/TA.UP>2E2GZ7E-IVP)Q#R/_3;4T(-OTXDU9Q!#@"%T0O?8:9494<8 M?RFY*!N#_U22YV,PBN0:9!'%B'M)B6#,:H2 Q=94HP88M"]/W+NM-(SDSL=@ M-$^.G8/R,UWBD:OM/[/5XI1S1Z,.$@NPA](@0A7TV'G*F*RL \U&78#KJ^ . MY3XZ*&CM/O;E.KQM&PF#[_\>J8(?467_TT?GB+_D^]R51X-.:EHD&C)!,'0Q MX9"QQ @2W6=V\Y):D1D=G0Q)AGY1FCY8H$2GR#>; XQN[[+?]Q7EZQ/^_">> M#BH8=C:85H@*;3$REK&P_&-!M%*>V48>S$//[9AS_Y$G$PBXEC&M23 4(;/. MZ5CD:S/4906>@E*F *6D>0$7IS<4P92+#,]N^VBG $9?[P=='$AQME"@(68"+"P>T@41K MNE^IA2 .43>J6VCGJYJF$GMJ5O8%SYSO;!"S7,4*:H(P:"'5W,K=3)@7R'>H M2#-0X$#?JD4',"[EM!Y!: 'SF@*$<,S(!A#;DQ5S8A":MXK03D!-CNW;X?)2 MI#[+77XZ8<_SCD8)0XVTX3\..^0$]WXW:@D4D%K,J$)4/^ ?NJ,Y#X.YW-$8 M&A1-S)Q%C "OB=6.[Q5/KL.FU-YU?MP[FM:2.Q^#Z8*MVV5@L!A;()$20&BG M/4,2P]WLJ+9.P#&=UR;1G'J!Y1(C["4A! L&/5 >80\U6!/:R:E(W#>^E17 ML34-M6^'TDODPRPUK;G08!KQVRI3@-K<#_WA6*GVW*1!ZP0A)*$0"AJ-B4,& M,$?VRBO4PJ$9W=#W)\)GI_9]PW3)&1JHU=+:L-EB")CREA-*[K?9N/>V5^4' M4S=YCM1XCG!-ZWP^LE,V26 MZL3\B#'M$7S;,#B"/5:"!SM;1Q6,0PCV=Q64"AIL[OFI#?T(J3X2[CQD+BW> MU<18(@2P50H2::DV8/>)2 F$#.K6?(Z+!I5[+^B\-&=?$S #V! @B?* .ZF= MV#&?""28F=$A\!#N98. =#G.O0))8WRPQQF G".FF=\[,&CN+#!CWL^.*/Q^ M49G>F?>7M"AVOYV/V^X!-YK79WGRGNH@L4Q;;R W!GDM-:;8(BL998!QXU@C MVL[%IU-_?;4.@MY7L8F/OX[##;_47X^IO1+#7H01<"1AV4!8T)XJ@ MO9<$@(J.F?.KH4MR/\3J[$(Z$N*S=H#^MLA#G5_1LX>#Y4*T[%-$;Z]!K/FQY:B)U17LTD_B;@=:>C1QZ/,%>08"YD#3L\\HBIC@O M9Z;#ES_O4[,NHCHI]4[HO"3YS_),;&JQ3R/N=]F7?/4E5G3Z9LRU!R,GVR7 M6(T4=9(S;)4!,DRYG*M"L'V,XV V<#>1/2NBUQ\X4UZB31$\Y0#"F@B%*=(@ MJ(S($EJB0YALKP"/YN$\6QUD%(E<9I -]5I)B3$AL0PVML"@"E(K\+9*3'^P3TROVJWG9+M$&2K"YZB$L,P1QJ'5HIPK)];,6V/I18K-F-$) MKY?-D5FJ*/.CQE24V&<:=G]\#LAEC9,V?_-\$N: O0NZ&T!2Q/2W#L-R;AK. ML=1<3[(ZDK>Y"SJ7[,\<=':C V0@#_S;#62'G&_9$=8 M8ID"UDD#&0J+,]8>E_#%# YLW@I)/T(\QR.V'5XOF2&S5$?F1XQIU9&N120< M@5!QY0RD'#B!$06@G%UT!IR?0M*/L)K5D3@/G4N+P688 QRF!DW0W8,>)SBM M/A=$3?M8"?J75T)Z0?P2PWDY," LP@H'=+A#&'#@RQE:ZL6\U8ZN8FL:U]L. MI9?(AUDJ&7.AP52ZYM#AW;$*C):.&4R@B*6:O"_OK[@EUA9&\QWR,.Z9["0 M"$M=S@I2)^>M0K834),D?.UP>2E2GZ6B.)VP)Q!R@XR+QD@'D!)(DK"-"<\H M+2\$.9>@?0W#<3,N-@;_4,;%\S 817(-,BYZ8122% 6J0BLH9@#[:M2B@YTV M;L;%UI(['X/Q3GK++-KQG+/6"^KIPXD%CB)/'"<*8QPFIG%E101+%K26+/_+ M*V.=T9Z&0R; K'\LES?P6FS%+3F!]!>M$V_O/MSP&7=&T^I9M, MI^O??OE1_7A2W3C1(M%<>HN PPH(@*B7S%9[*>9HAD[4_4DA'P*BL3[WMT5^ ME66+C0\ 14@V)28GOO.C;9*@G7D3_M"((X>YK>*5^QOSZD.^ MU^+=9KN\#3][<_TA;-,?\@]%NMY<9P4\P;JA7YTX* 6Q'ED& L8>0Z!=B;BD MHKUKYOD1J_,@Z\P0OU".+\+7O$\"^B'763GYL$>,Q_6C0T@0)( 189P1TG M M@92ESB(XEV/&1+U(SO>%_!3&84-#,#'<<<,(EEARYJ%W%)>7KP(+TC[$]GR7 M]GEPJ ,ZXZ]Q#QK)H]S%)]6_VK8)\(8(BHPDAB(D@?=45',FLGV4T_F^:/-@ M1-^036$\'H)H?^3^3>+HAF9EP]X22J!1!FHN."&. & (*7'1L(./Q/DWZ?.@ MTO @MCQO^I 5M\N]HVXYQE\WV6*;O\L^IU]M]O'0FM*L8<*41QA;[1B!0#%M M!*J,(1RVSA'O.:9EP2!XC;6:/"F(X/ZX^I2N;[(8_[?3C/:W/:=LP(8]) YK MBKU!G' N+.-(52>WL6%\&1:XB8AS$*M?\NW)^(X 8OIQ?[:_]>FR M^%>ZNCN5\'ZP=R8& N8]4AP(A!'6T.G2C4$@;SM$XH"7P<[)L+XH/JO-)MB6 MXW'YZ?L2(4 %BMI@UX!83!;B:VPM;Y#+H-+O0R8 \Z7Q>&':9ZV.0=X6T(1 M8R) &?8X9!0E3'M=G3XRTL$M[E)O)Z9'>?QKL"=SKL9^Z%ZFT9W8.1TFQ'@C M*='&0 FA(YKHZML&"'6H=7.IEPZC #D^S0Y_2]GV;9%MTS\:$>MT%XF"0;L) M*@U'0'C/&=:J.D&R&G18SB[U+'\@Z,8_HZU4V_?9U5VQ.]-YGZ\6OT9G%G53 M9#N'R,V'_%VVR5:KAX=>Y^DZ6[RYOHX:Q4U 8[,U^2K>513I*DS_S758S=_? M??R_X4/ZD/^<;L(OPH]WIT=%$0W$V/';?+4,)N,J?FUYL\Q7D'Q(@3U\!E.52-Q/_W=G*+.OCE=*O%^K,,.Z?W5 MIVQQM\K>7)^DT*MUY4?]YMHOU^GZ:IFNWF;%=5[F(,,YQ: +% M/.P#DACI!)&$>&D;V; 3(/ "JSY**Z5"SE*!H,, !;M!E9(0 HT9QMQ'U&V6X?)!Z!U>(EU,]LC'K^JG< M=)Y$QE+M^RW#(X'4C"+N$3>6(<:A Q6DT.)YQ^<,+=C&]7C:P?@R*3/+0)V+ M85\(9Z3$+\=7B^9(1>CH4Q+C&D(T5>E!.:1<@J[F*15<,@$8;B++ONY2D9PASJ+P"BCD#+1%!F[^?)Q.\O3KRH'M\'K9')FE1C(_ M:DRKD70K)8FL@$Y@#ST3NYRSD%0'"AKS&>HC/_IDM M7JW?;#]EAQM7D3LFD9']O>Z!!&LL0O:G84,0JRA M=96FASAN'Z8]M:?U(->DXZ \%_[>1Z1GB^?1Z.$SS8?@<-M7)DCY8/, :R T M(!C P0Q^6"&<:G_)/[7']5 \'@GIN7"Y^FSW$WODY'L_-;5>[-,IN#^N5G>+ M/2[NL2?PAWWT:T^+=!_C2 @UCMG "TP05<'L5S'0.\J"8@0[."!.[>,]^.H] M ?S3NQ4>\N$[YK&7;W8CJ'SCY^.WMZG&]/HL=[T#[9*P>@7Q>6T5 YX"SQ5B M09B:$<>H=8W4GX&BH,K!;A[-0*>KZ$/Y_E.6'3S >7PR6!T#/:IS5>>5-]Q+ M$TZ)-Y @)PVQ4FFA)=HC;;W'HRJ:#;WP.O'E:?S37("=M;-=A9)^%).SS(HP MZ$]?7V=?LE7-66^S#A(B&)>8\P 3QIX0R1$H(5.2CEF=Z*QCWSFPZ!BQ^T1\ MM$C3(T8,Y,!K 44Y M3VPH'),IS:S'@>1XC"V=,;MD5SW#%?10:.VQE>&CN)/6( M\T4[7G$ML3#"A/E)PZG!KOIVN-=@WHI//T(\RP.K%5XOF2&SU%WF1XQI"-'( M'>^1DQEF7&BEA \C-HHPZ)@K9T&\:%]7?"(7O*9"R7M"9.3XH$>[88U:<;A! M0B"Q1!!-!=:&-FS)@EU6@$F8\", MBL$R."RMY0P=A#/W[N\JMEH6=$+I)?)AE@K#7&@PE=YX(L=;K?[0H'5B%;&4 M"1CG2HQ@P%M4SMMH-<-24MU%^$Q][!NFL>CQ2[Y>5(.OI<.!IQ-G#0=0>6DD M8\P#2AF^GQ_W1G,%:AW\7>'9;30XOL/'$B&P4HQ0B# '/$Q& MH$I--LJU%_#YZ>@N79'L@.MY#-ED5S_>Y%]^NKI_X9XAY;^>LJ/\>:)6J_LA M+@-JQ]2$4X\GTAOBA"'&^["I6D*XK^PR:_3,:\RV$U ^&"XO1>JS5 RG$_8$ M0OZ'?GM*J.'7"1=6&46@!6&/TI8JY$UUW6?IJ%>9IW?R?L!_*LGS,1A%#EJ@7G[J\7>=;!A)'<^!K-PE!XQH1D(^@E MVB.(/8@1IER+4K7UA+6O57%^ZM1+5^)&D<#(IT,]9:-B4BA @<#"([I#EE8& M%,;.SEOY&UJPC=-2M8/Q95)FEIKCQ3!E(M^IO/@]+1;E,KRI=YLZV""!.-[> M*LJ0MH0A A6K\)(.CVI5=$UAUEA2STMY=(=F[..E1G?3SQ].,',X[,82ZJ"] M208E+5W('!!*M-=2ACY+[%'@G6$9.Q*_:VX@RXAGGH?_.028X43XBLK:)$Q;QRD3" L%'58<$%->B$ KVF_FY]>2 MOG0+M">,IV11K<5PO%'B%?>":"FD (1!+ZU6Y2R9DC.W,KL+KP$;.B'U4GDQ M2U-R3G28^HBT"H=_6D6SWH)LWDFBJ:<"16]1J7#8:KU1I$0!>#IF@9*&"D@? M(CUZB-DS7O-@35D.:YEUI3&*H(X08Z;:BP/!X&E,LO8\RT9\X(J;:&9TXOH$U+G^;%LQNU M3X3A#ECJ((4:&HB50=6GXX1N7\Y]A"Q5PQ.F&UH/3)D^J=21^\5D]0S92@24%JO! (6,0HD<(T4K*'GUKS@XOZHAX21>QDV,\T0E1X' M#B-N&-< &Z/0F/M_PWQ,+>1Q5$=L@T$ZY]1)?07I 2L$]$## 0UR.J ,4&2 M&V$<@V3,G! M,^*?*=IFD77GP7*)D52>4BYEL+XT5T(JZP"&L4(Y!AC#L-LE MF!@J$2'(>$0YIIH@XHP($',1*YS/\W"SJSR;QEKU#-\E,DAH%#XX1XR586FV M6"NIH85&,\4P8Q<5B]<[/\X#Y^7$XC'D"%'02W?8@IT8UC<]#9DJ-IFNB1.F9#"L?(40S*ID(MD)8+@73A%(LQ9CN MHK/13EJ",SX->LQ=%XQ% C7RT0-:$8P\JW9*ZKU^09K(^=(]*[M=OT!>-*?" M=V<%H<$$#%/F0@LH/26>6XQ1T,0N1O$8F#%GP32:5_J9^1"%"WPW4"@& A88 M*4&)D1QQQA0@ZN+R(385RO%\B.KC+Z6,5 M-L)0W%JV Z>LZ4M'Z #&I60<"7IN6,,<)UHK(%P 1;ERVR) FPO=_]M)KDE. MDIX!NQ2>$*6H=^'S<110I:!$B&IE*/0(.(3F>4TR' O.@V,4(3?)3$,I)"CL M9A@Q&M8]+30PB.F@T3B.3/OU?-S,-(W!/YB9YBP,1I%<@\PTEB"MH!4 .4(M ME)(SQ<-6AH@&P/D990<<1G+G8S"67O7+7<3AJ!O9/[/5XH2ZU:!UPI2WW@&H MB+&4*1=/MH&5,J@P"BDWZCGNN1KVZ\[>3_TCU.Z;7J[#V[:1%_C^[Y$1^!$C M]C]]-/E?\@AXNMJ7YCS @IH6273IU\!)[A6D5GC!L4742HPL#].=88A$'Y+O M%Y7I74UW-L@Q1]+[H74=07ZU.[ (KW?K[7+[]=7Z.B]N=V?E@[[8I<4Z3';S M-BO>?TJ+;-27/?CPJC#IQ7)U%V7P/@N[Q@[XQ\5P8\GSN^T.D#?73SN:VM>W MX_!?-W 0[NL5B=$N?' N_%]#%+XXRRRR8?^U3'(=/O/IO(I[HT.=4W*_+TIX M4&HX5\@[;[S07#)F[A$%E*,QR\><]&D>GT)/S]BFQ'W6?M0=\=!?#W=0N+Y-@TW'H7C-]B M>;7-%KOT5K5WL0>?3R3'@@136T&BN.#>:4/*N2DD9^C!WI^X\OX!JA?^S7H5 M)/9,H@'WP!CCD#7,<6X,8^6PO"/MY3;8D4_O MU M!%E[37:P./)!)-HS3BV%;%;I9J/KI?KLN40:!KPDGD@<4^-+(ZM=" KCVOO, M#I9O<1 Q=@6F[4):+&^6ZW3UYFV#!?70LPG305G0@#$'"" >4\&5!1 [:1G4 MI'WD^/F9^R==6'L IZT,]Z]\M=G<98MT^WJYV9YR8:]KD@C%$#06:PD<,X(( M 6T8-$%28@!0>P_F\S-A3BK1_C :3\5=Q<#"MVFQ_?JA2->;]&KGU:^_/OY- MS>E3\TX2 56\'](,<0$A8]+@2M?CN$/5CH$C\69RF#08TE/PK=9 ?_YP@BDT M6"',B4%(&RH#AN6LI$5NWN<_0XCO!$,Z8?92&#'+0YIY$J$7W4(MOBPW>7%2 MF?CFF41H2HG -):H9U)*QQ4NAZ7#[^9W0-(%V[P?&,;Z/%_M7$!.R//P@XD1 MVAK#H6O;KZ2#'8_T]!WV <=H04%W'S?9O^^R]=9]"7_$ M>)D:[?Q(BT0C3(R## 0^ B/#UD)*"X?C8)R,*.Y+5,7[@75"VM0J6T?;) " MPXTV1AF"#>32P_+3X%X+-6\MO+/DZIG0":>7R8E9ZN'SH<(L*% ?;7KH^80B M08GV-NR6S(9I,0Q(A19THXJ^F>+0@YQ.2[X5,M/Z3#3>-X\ZT??:?Z*9E=Y+ MY+RF6EAMI:F^0^\!W9#WNQ_'(P >(*0 MM6T3Y36 DA'#@#-42\Y-:7QSAM2,HKIF0[:^01TA/.1XV,(S-ZATL[Q2ZX6- M"&>+TV$)P\14C!"LXJ[R=7Z[O++9Y]CM^NKKH*^KTM2_N3Y48V7*=U>_UE\? MUY;Y1Y'??=XE\YPV+.5A> <&5\WG??C8=R[O)MU58MR\;A".TK7KQ#'EL.6, M44N\E$)R89P@FEHI,6VF_0V-VD&AU@67-&F>$"9P+%PJ"&7><>XPI_>SY\[B M,;64DR$CXXGY:;GG_E&<=0#(H_E6?_WG,BO"H#]]?9U]R58UYW7-.DB@!/$D MF3)*)-':)5P3XBS1$-/C =>$^!<.4_.\ SC) :2XS&V=,9L+&Y$ M!_-M5MS:[&.3"\I#CR>0"2XY@HP08*G Q"M&@]FJ4?,0?S3B/WG MO-C>I#<-BE4_>3)1$#HB'#.8N3 ?"P IE2J!G!LURV4S-:"K8/(^ 1G/;?=+ MOOH2=C139(OEUJ=7L6CMUP8QLB?:)48I#R4% GBN'2-:!]#NY\H<;'^H,=@U M3,_"[Q.>T6[FOAEJ75;C9P\GP7["6GG%8LR:$XH))RN">SFFW^%\5+W..$TC M_=KM_=#C"0:42Z##A# Q!E( ."IG%J.PYJWD=1'52:EW0N!XNT&OK'SU].#&> M8R$UA 1QIIR*%E&%5=@S6XM\X(H&@^[ZG7&:1OJ-TBT=:Y)@XI1B4GO-$ 0@ MS(F KK/7>;H^ M&4%VX,D$8R"#$1KV)PC"-LB,!^6B%^_(VOM0#I@=O2O:>9^0C'YWI[\^NKF* M+H]U>49K6B:04NV1-LI(0KG@SI'J@(+P#ND=SD_M,I]-O5_0QB+)V[S8R6!; M#;_ZBUUNHMM5F$BMVG]&+XF#'@(6OPR%8U$)BF!Y,"ZP@3//[=F;E/.Q$1Q] MV7D8=W0MW$<='"^&=$[SA'#%I?.0R6"#(6YYV.)*!"#2[3,1C>1NTBMU!D#L MK[OZS$][Z5>\ RX[$QU,ID7Q=5>I^G,>XU'VN+2AT9D])9I3#SG6TD!)@,0 MT@H/(.4,B\4,2J5AX1N+3FZS7=ZFVQ@_TF5).J>;A'J-);"6!Y,1&X$\8A7B MRDLQXLW8'(@T(':CN<,$^_#-]5DWIL>:)-C$JI>0A0^$A%#^?81&9IW M* 1Y?M;%^1A;/:$U)1]>QZBRHMY1JJ9I8KQS83>VL=:F$((A[,O;" D-G[EG M?W=!-F!&#WC]%9@R2ZMI?@3IY0SV/]_^''!)U^93NLETNO[MEQ_5CR?/8D^T M2+052EJE)9!AJ!)C;:HA:S1J1:NF#E6]22$? J)I+E6J+;/QG4K5(B'>&PW# M%JJ8U< 0CA LYR?#YCH_"DP6J]H/A&-19)?U(>8F^'@J&]BF62%^7:>W\$@X5(=":L$@"0:!V#I>W8E)1W)X^PYNCTZXD?<(Z9N#&AWO'YE.Z MY:/'$N&119)1@K &,&R>7%>:%R&@?2*PP2IS3$:0#KC-9H'ILJPD84TE&D%& M>5#F','!P*^ T\ZTOZD9K K(?!>3,\%L:9G$B>1/-',7<^!$ABS?K M=U$9*P*RNSO1V21C4IM-MHV%YE\OTX]1&LOLT*## [_DZ^*;.;P^)S-3'^]) M./- @J!G4."=5\!#X1 UG'J*)6U6S'*^>#;.Y=3U'8G#7DD%L8#8,@ <\1#M M<00,AUU[1'.Z6<*G<=ESS 5A9-S3"TD1][_+%7=?=!#5HG'AG$F7$L M6!0ZR$I@4($%4(>+P[&20XU'ET;.>EW0'=V]ZM"X6V7U>=(Z$5(+&:-7M1( M6*6HYN6\.<$SOU#J5;(-,OKT@]Y?ASVSO&2:.VGF0Y9-M2@WSP)UHGD"+&)! ML3 :<@-D3!=L1#ESR$7[*J&CIH-J+<\F*<.Z039!M,&@"3$!XDYPP(*=*P2% M EA2SIX3H7!KPHR5,6H..D]_ $^Z%@V?UM!+0K@QF"".M+/$2%!B 2V8><:" MO@7>+;]A*RC_VO2:NZXT?U9-S*9'N1QAJZR9]ZT2 C#1DJ-8],Y19AUQM)PG M]JS]KC>7K)E-Y=@@:V8[S*;D!FK%#51F!T5:.1>=I Q25%!NJ"[G:44'YZ_A MW3U&YT8[S*;D1K=LNY10%BMD.L(<=(PPYDBU"N-1DV[-GAOM,!N-&\^OSNH, MJL,M$A6X#J"1A-%X9^B0>><%UP"P4HDA:$S+SG:F1_Y[*#]_\G: M'M%YFF^7S-%IN&G"!A(/=]__GGZNCR)^]G!B1=A5<-AP@('"22B,M>6L $=C MUO!IJ(1-(]2G <5=D1Q--^P)Y)MK[2@YFR,V")[V@.1977JVW69%MMN_2;=9H/3G<($%0,4VI4!+( MH+(J8H$N/76L-'!$)?Z2N-(+FJ-%_L1RJV]V+J7U);N?/IM8ZC$)XV?$$P:T M4!H!Q" FECEG;?L\;8-YZ<^"(5V!'(L<;U?I.J:RJSD$>/Q8PC7AVDL:EC_M M"-;*.%'2G$@_)B4NS/+O ./8A*BU@;Y], %0:,$< )1!YC56A-ER-AB(F=]Q MMA/,$>EV0N32Y3Q+:W4*\9XKUL,Y5@,_EO]OEA9O[K9AI;O.B]L80!*'\O9!HB'0G3X.>>_F$:#+ MUS&L.HVOF$V8\6DQ[^3ZZSK_N,F*+_$H8^>X\NU47I\3;=SCZQ)DB?-!E2>2 M U@CB28&"H1(\E&/JEH>*3>6V.DSQYZAFCLS'*24>*!MA,\ZH*P*6JB5E IN MO9]G?8XAY'X>$+,[:[:(>0$L(E %5GHF+$3:2QB8K '5HP9SMSIK;HS_66?- MY\'RTB)P$8?8.0&)HY *PE7X.P4XV'\$:*?:GRR/%8$[M4HP",XO.U(2.^:E M538LPY0;P)V'O-P_A=7T0E6-OIG0*9:R9XQ?-B&I\ HIP3D)BSXW6!+'A/C=B;!,0$FT01)0:X@. MZSO1F$EAN%0=KDJ&Y^D+.WCL14!3;K__O=Q^>C;'S;>3_!:1^TN;1WKNT5\QJ7%.G33Z.1@ZC$FTCMF/"36 4>I MDYH28C&6##/EF9US,HP7^AF.+]7I'0W^ZRY=;Y?;G1?.7K'=XS0;9X-[G?N! M<8]'_&J]._,\VZ7@[$X3C@B"4'D73]D%XH(83YP%A@$&K6GDXS43I!J[!YS5 M81)/5Q 04 E *(1.T^B\A:E#S#%(QSQG:.8$," ):@S(01"=]87^:#DWC>+8 M>B*%)338]%*J@!>-CON>B5$+1[8[\1^((2T3;)Z%YLL^1HUG.D$Y@4Q9(;#A MC/'=O3CRPB-'W?Z0 J@E=DEEJ2,0"T11HH#Q9T+?Q_3/7.8<_VF:)-JTCW7<9%A.T<8HK#<2RH8EUAQR1%0B#JF M=/M$PY/6<6DLSS9U7,Z#;&R7[W."1!SEU%IB-#,P;/)&6$FH"UN^!ZR,PN.H-QTPF[O#/X*8$DB "K,!QGL'D2JW48L(N%#MI)W$3H<$] S5W)D! M!79&*NP (K$*E@0V6'R&(:.)T'B>CI)#R/T\(&87"H(= MI"QJVW5!@:-":C MO!+"6!Y/D>:WP;?%_ZQ0D/-@&>MCC9O:?L/*KCZMET&GJ=G.#S=(H(G'/Y P M1Q2UFDA&!0 BNGPRPEE[H8^5,'"=;28QCX+I%!UB 9=E:"/624*"<,MPXS8"V%Q)I1O8X; MJP=C\>,\<-JJ#-&!P:3%*G^_O+WW'CNM*QQMD##&H&9AB_784"Z09,%25H ! M[1%R?(9)Y[ICGP^ S%A?)'_.0O1]:QQ'\G!4W6;'+ M-I]>;1\9$N.\[1$ ]SG>KL*:4&2+;W.][42;+:9V&=9WFT#7S7Z0F^4W_#WQ MQ9]JEH1E#F#@N?=P^^Y727">87#_X T4%L*I&+T'A6 R=.Z[M.Y^O8CVJ<)!X=%:]9NO =F M7'-<W/BGXH.A/C0&P.$A$('G)#,(NFHLA'N#>4*$0GR M@[H[E^!S"EL[\M\R.0,7_C=G^7$TWY8]RKM?3V>1 _I%.WA<$$@AS3( WL@(*&5JBZW6:3WI,:SU M;XEO0DVFH94Y]-%;0_=)"HJ/TV\IK\EJ-+^=5OVJ;A_FGV>CMG M'E&P@'I!L:) :&AU5[Q+>2&*^-)]M?062F= 7T-[XN\ 7PO7XK1S"U7HU7Q M8?ZM6*Z2??YY43X4BS>3O_7Y^J"4 A"!./"PR0DS'"_!=,2[&3^U2CZ]Y=P M3J8&(?81UFDZQC>CY5TO@O[\A4$A9)1D'C.C *= 8K<%S":/!LU/G\;^%NU^ MN1F ,+^J1-B#-+]Z8Q ,.2((1<0YC1PE3.LM9)C1J"EFBS/_6YQ[)N<]FJ[; M$J[;VL'+SXOB832=I#"M^;*([:]6=\7B8%W4LXPG:.UD.@41D"A)+&<";]T* M-I4WAOD7/\1?X,-Y3]0-89M8%XG.+\4L*G&3SZ-^-/PWWAJHY(Y)$L.M7!HPME\X+:WFD4@KC M-T1&T#27A#5(S0#^%NN^Z7F/:I M;HJX>TV^CO[L5=WYX;T!((.@!((ZKJ/J M"5("CBW6#J:3D_Q/X>\SV_-P-( U_I4#=OFI6&U3F$_GM]4Y=0_K_C'#")%< M29P!""B'E72.L>UBXT#\#6T08_Y7.,5]!Y2]Q_VAUTWA<95147ODQBI@+-*I MNIFPVQA0AXURXJC,\V]_"'\?[O9(S'L4]^<_Z3<$\XTW!ZT8(L(C:*($<&"@ M-C!1;X'!Q(H!%DP9?!QF?"KGX^UAP[/? M?2SGMU^+Q?V.[> LXPA(2@.==!A:"C@'"HGM@;BSC!F;OU&\"Q6^C6_G/? V M@"TDC?HI1<4O\]%]7!K2TX< 8@@$(,\GB[KS)\X$P!]LK#QX" MHEV^G_]=!&@.<2MIF[,!? J;>-)G/^Y!\E^_,G!D@((8*"(QA191K;8GW)Y0 M8UV^%_]=Q%\.4= ;4C0 N7X*3JI^UTL0PH]O#4([BX55,,*D- 22J^W5!L^] MA"S_GM6[",$;UO+SZ/N!W$>]CB-('V7"(6"Q(IHY M)PC=VF3>4T]%_CVM=Q'E.50[H&W>+N,;JLZ[OQ3?BOGZ?-_0JW&$5(Y B915 M6#A.'>7 ;M)GZ+3C$I*?J/E=!'R^GV^H&6_O\1MZ%B&RW^[H[^7!>\RB/HL= M!= SQ#3V9HLZBT)"\L.CWT6@Z%"_EE;(&H M$L=?[%&RNGQ=8$ "+[SF<7*8 M&,R0YUNPE- 1Q@L/%AVB^=& GP$(LYU^F\8>DQX%^O4K V.<2V"M%XQ9**WQ MVFU!;X+"J8EUAH"[ Q6U',!Q3:K'=+4 M-XFJ^,N<- ^+HG[7]BH<][W$=WTQW/DF%/+Z-9K%K;]=W?WAQL,0Y MX!C&1&L/N716TBW:2E!J\N/Y.S_S'6ST9F.4GV2ZLQH:^VI*F'*^C*K58H/" M)5:/8#;^@P!'EG($J;"817M>>F&I4\;\1:M'1 -0(B&IEAY)Q0 TA#RB8B%I M<'>YS^H11U/;M'K$:6B-_AK5(U+6 (P? M63WB-.#ZUGF>CW:[\;53$< JG3(P1H-=*R>X@J:>L\7^?5:/.)K)C-( .7C] M-63E/#*263WB?"+2BOW?O'I$7#F1T)Q!*(FV<5]6*0E'&J:@A TY[WD+T!^L M'G$:.GU]WY]'W[?5]0%,N?%N5RG[9PJ&M0"@B8#MDPQ%1 +:5CVQDS M04"_-9Y;L$%S=="6<3JC9^2%!;DQ,K?GJMO2I1^BJKLHEJOEAV@O;VSH](?3 M \)RWQ(/\P;X"#VC&C(HW$OTD>P14501V&#!!\] M^L..IK:I/^PTM/XB_C %-8""4XP-MYQ(@ZRJ0 '6]UF0MUM_V-'L'^D/.PVX MR_!Q6.R4AP8:Q^,_2D@F=#5GZZU\G_ZPHYD\V=F1A]=?0U;>E3_L?"(R$'\8 MM ;Z:#3Q:$1YYQG%MAZF%@WN79_1'W8T] ?]8:>A<]KWO2S&_[@MO_US4DS3 MITW2'Q+#Y-D7'7\4/A:WHYF;KZ(1O$,5>*-5$,I8P[PETD6[V$8%C-VF9V&OE8U2W1>+Z7@T3P675M_-Z&&Z&LU^VGA@OB[6R]6'#Q_FXW_L MW3]/>410AE$*('"*"V-2])>I)V7C9C*<;36?C[(7;/I2FJ]3%:ZT]9O9:+F\ MNKE>E>/?#]C>._L$0 AWEA&KA?!<<&,(J$%4N$]/[+"VW[:AZTL\G@_SH!'U M8^. J>$J?E'2.*&IYAXP\B\ED3A)[\"1FR :6";$/.:XX9P]$6QBFK/9#I;I[.U M39;8323]]F9(,?$1HCB3A_5J-&BWFJW_RY6%S?C19%W W??, !I:'# MMP9BH#?(284HI%P(*!2HCEQ8D\3PI]^H&*;:,1SPSRODGT;WAWW!A[H&**SB M&DEF'9&:@#C)^H1/$XB'K=0,0A:.DL_&D/\5A&V0"M1%RE@K'IF-OJ%_B6PL M][I=?F@7F'(*6F,4-59 !G'\=S4\X8?D6VD?\;(]8/I:$Y[70'P6U71 2]K3 M*V F++<&,X8=X<02+&O!MQSDGVV^"=64@.[AI[^P6&*=+"Q2D; M;SGRU"!=S94S[X:MG[3"XG&2T0BORY:10:H5PQ.-5G2"KW?%QV*U.C:B85?S M$. V]4[4"&4]B2J6A)3C0G@N)XW)G" 0M%)=&W[4.4: .7\6[%(RUVY]3H^ M_>!+,H=VV0,'N@5*)"->"F3(X(= U:;\?R:4'ZO)B. M]]ZOJ!L%P@!@U@-,)!? 6T5EC962>L!U9-J]0Y&+R"5?C\/ &)-NL3(JN0'( M0ZIJ+PLT^3M#YZ576I6-#C'K2WKLNDB^TV=:\_Z\E&^V#Y@J"*#C41E6F@DB MK:[5:J1T_C;1>;&25N6A#7 R580=9D]41,?18"FCSK*Y?7YU$\5Q.K_]O"C' M13%9KLJOB^GM;;'X4DSO?ULOEL7V@M:;ZD.K[PB,(Q"_!YA.Q+E1\6-PKK:N M%1UPN8[65(MS MJNG+T8RQ3 ]!86 R\4XJZ:.$; M1U ]=2CR@T0Z+UO1M2QU!&&/TA._AFDY*6^BTCV:I:R,J93>:#:[WY%RLY/W M! 8TA%1X!ISFW!F+J:EU/]3@=D_GI1[.*F%M@MKZSAA'=E-N\F6F[+5/AX G M;W^['A0L\X1B2+A 5C@=[4 IZPERE'^^UGT9A1XVN99@ZW$M^K1.X'6_%NU] M3X 2>&H(D$XZOT'*X1H>XAKD^'P?#M@AH-J7?5;I?*_LBN\'*G#OZQ:W>N4( M!8 C*0P7S'A;+[N4X@;WCM^'8[<#D)[$H;]L-IO(AETY;!X'T_2=Y6)U.[HM M/I6K'TH1]?;"IV"/Y^7#GPHJ+\^=S>?E<&JYW.=%>;M'<$YC+YE .E5\,,)3 MQQ$UG'HF?;3JCODR^YCCH30];[0.7 )L>/R,M%( :P\5 X]S8PC:/J]M[,W$ MTYB;UTZAQEB,AIQG)WV3J\=O\FL<[H%HM+>:!^B$)4HBQI' -NZ]G+ *#M9O M(HR3PM :45NV#DQ?.LGKH1Z,&WJ[0_!.ILNQE&FO,6,.&B*JV7DAT+"#RIH1 M=H#]1@A=FAP,,G!L"/2?A_9*1]L=;;ZC99 0&RP-]H8JP)G7TNAJ/C2J[\,+ M'&I*3-DF(+U%D&W*#8]W)45G2M>2G-!8]Q@J=;0MO M $A>"I7QXPNWU%9_>TUK]?.@9K/'(:8*TKL6ZWW-0ZJ=*RP7T1;6D -EA:T% M-N6R'O:6G4=0V1DNE\+Z(#?H\Y%]!I+=+U_VD1I_'0ARBA"IN/+0(T)E_$$U M:BS4@#;?=L!_S>3I&/3"W$_Z\S[FXJ\#1U9"AY$0S &,K;2@UC8<%OD):%MW MUW;#W.D8],+<+]=V'W/QU\%0IT&J#<,<-9AHK$6M22C6("=9Z^&SW3!W.@;] M78$:S=PR1>RK^42-Q^O[]>8 P!8/BV(\?:R:N!POI@_;"\6?%V54*W=FCFSE MN<%YBZ3V/B7WTZ#C959M:=)\(#DG:TB7FI\D<<1^^;OF@3O(FZ 4 (03RDXET%E32*XN-T,JD4:W'=Z.Y M7XSFXV)_1MX?&@8<[2NGJ=78$LP)E!YCQ(!&SG"B5)^JZ!#I;(Q8)J6?(R#N M_F%63H^@]>W&P0%EJ&70>B&C\4PD$S8-%"/@HT&6;Y5V=K.O5VI;02V3WNO1 M;7$_+N_WTOJR44@7S'TJ[.85!#@.DV"]&1C1PEF;G\ZKL\MXO=+9"*U,&G\M M%[-);+3_\WS5*B@.A#88UBNQ;0&7>Y'C MKIC.[XL4R;^7WQ_:!>8-(Q#*5.R; >01C;OYHQ(>=;;\#[:S2UV]\MH4L$P^ MK_0'^^&_]E+YO$DP4; 8EBFW'S-.$^I(;4J!1H'%G5VRZI7&!F#E?I&_NOU? M8O7[(#5"0G)OC35 "L[B_VIO!O0-#J4OP_>3BU3VG;@_1_MMCVBO1RNNE7N1&$$$$A9&H2,42 A14KPH]M9R MV:!F\67X>!I#EFM.ZH_K/^/[RO7B=K]9^4/#@#Q41BEA&*:*2FNE%IL!"K0) M(L[G]#(K8C$YL'?^V#!P%^=#TZ5CJR6CBBL--@-,M0 Y M;U#=YC)\/HTAR]U)QY-R/II-]F?4?]4J$&!P7#_BG+!!$&&M2'6@RP5U#2R1 MR_ -<,KUQ<['?]>+/5Z.IM,Y[?7ZX>'V73/W95#78(E"! 99ZM%_ ?%40M? M#9I X?-)O@QO4(O@93+NOA6+[ZN[^/;-G_ZX*Q;[/7^[.P0I"(0V6EB6 V>Y M9T8_B:@5#0S4R_ 1M09=;J3"79S)\M8]G<*RFHL)$LA-I)9 MC)1&3\$9\+@T#&]3?QE>J5;AR^3]4[E8Q<5F_B75T5PNB]7/HWDZZ4TY&SZ: MO>P?TS5H25+^;F>9@-8#)("K_6UQ_E\-(]3W'\"N*MYB-L2 MPE!1RR$AD!F(!*D&:XW)#W9#E^$N:PFX3);-HOQC;A;%JVGT"T0>E@=!D.LX: Y0:E?IM^&^V/1GUJ$:P4D$OIJ3+8><6T MDE76)0&=:L#A93C(\K'*I$\O1BEKYT3'57]6?-]+Y)MM Z( +AIHH3I?A'FN&5^X-K/5_1SB7Z_U7L%XT"H@@3X3R1 &$H%)02U@- MS J6;^[@R_!V-8(K5U.Z'Y>+SZ/Q[Z/;N!7L5YG>:!H, 1I:XPD$F-.HUTFH M:F$3+C]L%5^&&ZL%T++O2-X4IEQ'2VJ_P?I#N\")TYXC0(@Q0 +$/*LB,$4$ M(#]D%5^&6ZHI8KGGQ:/9ZFZQ/F"AOFH5#/? ID,2C9Q"&)AH1]=#8S#?N,&7 MX6-JAE?NB=)H]GOZ__[CHQ>-@F24*6B)Q 1S%W4R;61M. N6'VZ%+\-_U BN M3![_0U_MO[GSU" 1"6(.IEW<0!&6Z%8K6%STZ"B KX,3U$V5+EAO&:$28@@\QPRF&WZT&BS0*#^P%5^&]Z@EX!JS_/6/ M\@227[0.F'FHG'0"(9P.'.(?:H7-\0:WF?%EN)/:P2UW$?[LDC/C83%=%M?% MXMMT?"#T:G>'8..4,7+8>AA7((4\DI7M+$U4[/*)O@PW4FO0Y1HU90K4_/6N M*&;%@?0O/[:,%C4C! "$&:50*P$0V61/$!@+1ET#%>HR/$G-,+.'93 MSF+# ]_NCRV#BF/BS'NNXI@H !K03;2ND-H8V""*BER&7ZDY9KGQ,^:+7<\G M19%*KA63_Q/WA\F!O!/[N@1IXJ+"A4RUDF#*CZZ9VPS:*\AP@W@)60048-:Z*JFC9(+FI^HBE^%^ M:@6VW#BH(NT0LLWZ:RD==J3!BE,R&5XN-I$ M+_0GK<)RA'G+68\*H .*R9$?7%"2BL:).B[#)=6$[0.D]A. M;N7_'"VF*0_ZEP3)_ISQKYL&836-MH"G4$&-.$;05+'34L,F_)],_]G2P#<$ MY1PT'TR._6/C@+3CWC$ )6#,.+KN0N/$!55 MP2@C5&B-O7=*;I)]&TJ@C99C?FSEZ<;VV52T=K Y)_?ICXOB\ 9^L&_0EC*' M) ?$L!0PX:2CCW-VT3H1P];C&C-YA&2T@==?0U8&J?L-3T1:V?)_+A:WQ4+= MQM>F!7%_^.Y;;0-PG # I"?"6T)IA,%LA\FPB[ ,3WEK$?JR771RS[+7Z5U7 M-T].J$?<'C]+#U'V3%(?:WF+X$PH\7B^W1^ MJ^[+]7RU9R'?URT0#3@37&@ -%8*$@ GO,(PL;D M+):K9/VX:'6.T]W+SU&5CK\;W19'2\:!YP0#J:+8"$I]5*PE $C7)I42*-^Z M[^Q8O5M1:1>O_F3GIEC$-6Z; :,PY7*U_%3L7S_>[!$\X@1Z!(D3 G&G(I!5 M;+7DFN:[_CH[DF]?'MI IB_FKXOQ>I%.LG[;Q_:S5@$ P2G61G#K%<=1@Q*H M=HOJ!I$TG9W$M\UP/AKGV0OT:#E=7C\LBM'D:O[<+0:/W@9V/R(81C3!5CIF MD$4:"N6JW5!Q"/.=19V=T7>[ [0&5::]4!E IKS_+2Y!"=0OQ;B\G4__IYA\ M2'F.IC>;,6T2FRT?C:/):#[Y&'_\F.LP_BY.9K)_=>CP;4%*BP0! D5%RPDM M)51N8UIAK^*'EI]MN+,@@38MDF&@^B2 __N?KP"-T_M]\XLW?O[XC!?@WL[* MWT:S>;&:%:-E\8]Q>?_/#;8_EXO5;=2+/I6K8OEY]#W-Z7I\5TS6L^+JYN?1 M:KW8S.7JYF,YO_U:+.[3/&RQ&DUGRY>C+?Y<%?-)M(3[7EYKJH]>39^$(TE& M6A.XA]XKH*T@CZD6J)'VN,6SCSEN?.E'SV_K>8_3,, SJYS7G ##-*OFIB5I MH J>[E08S6:G?[A'<[-W.\C!8O/AI3?_RT^KGCZ81G-C#]7 M;K;Q1OW[ORV+V_2'ODZ-;U>/'^+7.-P#9TQO-0_:ZV3Z( JMYBB^R#I2P:&H M[U,T&A\P'4WMCT?#38'I,5#@Q5 /'A.\W2$(X%(M2Q/!PA8X[J2H9\>\)<,^ M1VI&V 'V&R%T:7(PR#.B(=!_'MHK)6UW*/>.E@$:Q VBPAK@%/"Y0E-BRC8!Z?.[KG3K)YW[2_$P^I[VN66*:Y[.Q].'T>Q+D?"8I.,2/UV. M1[/_*D8'8L0:/3IH:"AST$652PB'K7"5S1S_!6BO:T4S0S!7G^P9P@$*W8=Y MFL?7/\IV!*U^7& >,V29<(*85&Q;V>H^5/H*@ 4,37Z'"H&^1LN5RAR@!NL&+ERW5+.^+3\P)0@&(>88?* M:0R9X[16' 02^?[0WL_5>A.J#-R&*U/3;ZVN5.EY@2"H4ART8UA(X*S5@#[I M!3C?"]/[25Y_,G4Z;IG'.,\-D;>&5CX-;;H9VO7TSQUG-#F/BI/$ @+ $2<(0L XUQI(S6V:F@&"UJH<( W4EBL7F M!TZ$=[0,R"'EC)?.0HN(=MI;9&2RL%-6;WE4 L@3A[GK4/>-5L'):.W' M+2V.Q "-G60.5\,3&O?IR7WS,+WU^K=E\:]U?)W[EDXP#Y_? M[N@1�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