Investments in Real Estate and Real Estate Under Construction (Tables)

3 Months Ended

Mar. 31, 2016

Real Estate [Abstract]

Schedule of acquired properties

The Company completed the following acquisition during the three months ended March 31, 2016:

Property Type	Location	Acquisition Date	Initial Cost Basis		Lease Expiration	Land and Land Estate		Building and Improvements		Lease in-place Value Intangible
Industrial	Detroit, MI	January 2016	$	29,697	10/2035	$	1,133	$	25,009	$	3,555

Schedule of acquisition development and construction arrangements outstanding

As of March 31, 2016, the Company had the following development arrangements outstanding:

Location	Property Type	Square Feet	Expected Maximum Commitment/Contribution		Lease Term (Years)	Estimated Completion/Acquisition Date
Anderson, SC	Industrial	1,325,000	$	70,012	20	2Q 16
Lake Jackson, TX(1)	Office	664,000	166,164		20	4Q 16
Charlotte, NC	Office	201,000	62,445		15	1Q 17
		2,190,000	$	298,621

(1)Joint venture arrangement with developer. The Company currently has a 100% interest in the joint venture.