Subsequent Events

3 Months Ended

Mar. 31, 2016

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Subsequent to March 31, 2016 and in addition to disclosures elsewhere in the unaudited condensed consolidated financial statements, the Company:

• entered into an agreement to fund the construction of an industrial facility in Opelika, Alabama for a maximum commitment of $37,000. Upon completion, the property will be net leased for a 25-year term;

• sold its West 45th Street, New York, New York land investment for a gross sales price $37,500, which was subject to a $29,193 aggregate principal mortgage; and

• sold its office property in Lake Forest, California for a gross sales price of $19,000.