Merger With Tier REIT, Inc. (Tables)

3 Months Ended

Mar. 31, 2020

The purchase price was allocated as follows (in thousands):



Real estate assets	$	2,202,712
Real estate assets held for sale	21,395
Cash and cash equivalents	84,042
Restricted cash	1,947
Notes and other receivables	6,524
Investment in unconsolidated joint ventures	331
Intangible assets	141,184
Other assets	9,954
	2,468,089

Notes payable	747,549
Accounts payable and accrued expenses	53,054
Deferred income	8,131
Intangible liabilities	47,988
Other liabilities	7,676
Nonredeemable noncontrolling interests	5,329
	869,727

Total purchase price	$	1,598,362

Supplemental pro forma information

The following unaudited supplemental pro forma information is based upon the Company's historical condensed consolidated statements of operations, adjusted as if the Merger had occurred on January 1, 2018. The supplemental pro forma information is not necessarily indicative of future results, or of actual results, that would have been achieved had the Merger been consummated on January 1, 2018.



	Three Months Ended March 31, 2019
Revenues	$	185,765
Net income	26,165
Net income available to common stockholders	25,870