ACQUISITIONS AND DISPOSITIONS (Tables)

3 Months Ended

Mar. 31, 2019

Business Combinations [Abstract]

Schedule of Acquisitions

Our acquisitions during the three months ended March 31, 2019 and 2018 are detailed below.

Three Months EndedMarch 31, 2019

	Date Acquired	(in thousands)
		Total Acquisition Cost		Form of Consideration				Investment Allocation
Acquisitions				Cash		Units(1)		Land		Building		Intangible Assets
272 homes - SouthFork Townhomes- Lakeville, MN	February 26, 2019	$	44,000	$	27,440	$	16,560	$	3,502	$	39,950	$	548
Total Acquisitions		$	44,000	$	27,440	$	16,560	$	3,502	$	39,950	$	548

(1) Value of Series D preferred units at the acquisition date.

Three Months EndedMarch 31, 2018

	Date Acquired	(in thousands)
		Total Acquisition Cost(1)		Investment Allocation
Acquisitions				Land		Building		Intangible Assets
390 homes - Westend - Denver, CO	March 28, 2018	$	128,700	$	25,525	$	102,101	$	1,074
Total Acquisitions		$	128,700	$	25,525	$	102,101	$	1,074

(1) Acquisition cost was paid in cash.

Schedule of Dispositions

he following tables detail our dispositions for the three months ended March 31, 2019 and 2018:

Three Months EndedMarch 31, 2019

		(in thousands)
Dispositions	Date Disposed	Sales Price		Book Value and Sale Cost		Gain/(Loss)
Unimproved Land
Creekside Crossing - Bismarck, ND	March 1, 2019	$	3,049	$	3,205	$	(156	)
Total Dispositions		$	3,049	$	3,205	$	(156	)

Three Months EndedMarch 31, 2018

		(in thousands)
Dispositions	Date Disposed	Sale Price		Book Value and Sale Cost		Gain/(Loss)
Other
43,404 sq ft Garden View - St. Paul, MN	January 19, 2018	$	14,000	$	6,191	$	7,809
52,116 sq ft Ritchie Medical - St. Paul, MN	January 19, 2018	16,500		10,419		6,081
22,187 sq ft Bismarck 715 East Broadway - Bismarck, ND	March 7, 2018	5,500		3,215		2,285
Total Dispositions		$	36,000	$	19,825	$	16,175