Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Mortgage Loans Payable

The Trust’s mortgage loans payable at December 31, 2015 and 2014 are summarized as follows (in thousands):

Location of Collateral	Maturity		Spread Over LIBOR (1)					Interest Rate at December 31, 2015			December 31, 2015		December 31, 2014
Chicago, IL		Mar 2016		—					5.75	%		19,104		19,491
Greensboro, NC		Aug 2016		—					6.22	%		13,600		13,600
Lisle, IL		Oct 2016		Libor + 2.5	%				2.93	%		5,459		5,713
Stamford, CT (4)(5)		Oct 2016		Libor + 2.0	%	(3	)		2.69	%		33,448		44,923
Houston, TX (4)(5)		Oct 2016		Libor + 2.0	%	(3	)		2.69	%		44,319		59,524
Lisle, IL		Mar 2017		—					5.55	%		5,309		5,392
Orlando, FL		Jul 2017		—					6.40	%		35,668		36,347
Plantation, FL		Apr 2018		—					6.48	%		10,406		10,550
Churchill, PA		Aug 2024		—					3.50	%		4,782		4,918
New York, NY		N/A		Libor + 2.5	%	(2	)		N/A			—		51,034
Phoenix, AZ (4)(5)		N/A		—					N/A			—		22,462
Cerritos, CA (6)		N/A		—					N/A			—		23,000
											$	172,095	$	296,954

(1) The one-month LIBOR rate at December 31, 2015 was 0.4295%. The one-month LIBOR rate at December 31, 2014 was 0.17125%.

(2) The loan has a LIBOR floor of 1%. Property was deconsolidated at December 31, 2015.

(3) The loan has an interest rate swap which effectively fixes LIBOR at 0.69%.

(4) These properties are cross-collateralized. Proceeds from property sales go 100% to repay the mortgage loan.

(5) A portion of the loan was satisfied during 2015 in connection with the sale of a property.

(6) The loan was satisfied during 2015 in connection with the sale of the property.

Summary of the Future Principal Repayments Of Mortgage Loans Payable

The following table summarizes future principal repayments of mortgage loans payable as of December 31, 2015 (in thousands):

Year	Amount
2016	$	117,026
2017		40,482
2018		10,242
2019		157
2020		162
Thereafter		4,026
	$	172,095