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

9 Months Ended

Sep. 30, 2017

Real Estate [Line Items]

Schedule of acquired properties

The Company completed the following acquisition and build-to-suit transactions during the nine months ended September 30, 2017:

Property Type	Location	Acquisition Date	Initial Cost Basis		Lease Expiration	Land and Land Estate		Building and Improvements		Lease in-place Value Intangible		Below Market Lease Intangible
Office	Lake Jackson, TX(1)	January 2017	$	70,401	10/2036	$	3,078	$	67,323	$	—	$	—
Industrial	New Century, KS	February 2017	12,056		01/2027	—		13,198		1,648		(2,790		)
Industrial	Lebanon, IN	February 2017	36,194		01/2024	2,100		29,443		4,651		—
Office	Charlotte, NC	April 2017	61,339		04/2032	3,771		47,064		10,504		—
Industrial	Cleveland, TN	May 2017	34,400		03/2024	1,871		29,743		2,786		—
Industrial	Grand Prairie, TX	June 2017	24,317		03/2037	3,166		17,985		3,166		—
Industrial	San Antonio, TX	June 2017	45,507		04/2027	1,311		36,644		7,552		—
Industrial	Opelika, AL	July 2017	37,269		05/2042	134		33,183		3,952		—
Industrial	McDonough, GA	August 2017	66,700		01/2028	5,441		52,762		8,497		—
Industrial	Byhalia, MS	September 2017	36,590		09/2027	1,751		31,236		3,603		—
Industrial	Jackson, TN	September 2017	57,920		10/2027	1,454		49,026		7,440		—
Industrial	Smyrna, TN	September 2017	104,890		04/2027	1,793		93,940		9,157		—
			$	587,583		$	25,870	$	501,547	$	62,956	$	(2,790	)

(1) Completed the construction of the final building of a four-building project. Initial cost basis excludes estimated developer partner payout of approximately $8,000.

Summary of development arrangements outstanding

As of September 30, 2017, the Company had the following forward purchase commitments:

Location	Square Feet (000's)	Property Type	Maximum Acquisition Cost		Estimated Acquisition Date	Approximate Lease Term (Yrs)
Warren, MI(1)	260	Industrial	$	47,000	4Q 17	15
Romulus, MI	500	Industrial	39,330		4Q 17	15
Lafayette, IN	309	Industrial	17,450		4Q 17	7
	1,069		$	103,780

(1) A $4,600 letter of credit secures the Company's obligation to purchase the property.

LCIF [Member]

Real Estate [Line Items]

Schedule of acquisition development and construction arrangements outstanding

The Partnership completed the following acquisitions and build-to-suit arrangements during the nine months ended September 30, 2017:

Property Type	Location	Acquisition Date	Initial Cost Basis		Lease Expiration	Land and Land Estate		Building and Improvements		Lease in-place Value Intangible
Office	Charlotte, NC	April 2017	$	61,339	04/2032	$	3,771	$	47,064	$	10,504
Industrial	Grand Prairie, TX	June 2017	24,317		03/2037	3,166		17,985		3,166
			$	85,656		$	6,937	$	65,049	$	13,670