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Acquisitions of Real Estate (Tables) (QualityTech, LP [Member])
9 Months Ended
Sep. 30, 2013
QualityTech, LP [Member]
 
Consideration for the Sacramento Facility and the Adjusted Preliminary Allocation of the Fair Value of Assets Acquired

The following table summarizes the consideration for the Sacramento facility and the adjusted preliminary allocation of the fair value of assets acquired as of September 30, 2013 (in thousands):

 

     Adjusted
Sacramento
facility as of
September 30,
2013
     Original
Sacramento
facility as of
December 31,
2012
     Adjustment     Weighted
average
useful
life
 

Working capital

   $ —         $ —         $ —       

Buildings

     52,439         52,753         (314     40   

Land

     1,481         1,485         (4  

Tenant relationship

     5,366         5,029         337        4   

In place leases

     3,964         3,202         762        2   

Above (below) market leases

     —           781         (781     1   
  

 

 

    

 

 

    

 

 

   

Total purchase price

   $ 63,250       $ 63,250       $ —