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Investments in Real Estate (Tables)
9 Months Ended
Sep. 30, 2019
Real Estate [Abstract]  
Schedule of Acquired Properties
The Company completed the following acquisition transactions during the nine months ended September 30, 2019:
Property
Type
Market
Acquisition
Date
Initial
Cost
Basis
Primary
Lease
Expiration
Land
 
Building and Improvements
 
Lease in-place Value Intangible
 
Below Market
Lease
Intangible
Industrial
Indianapolis, IN
January 2019
$
20,809

07/2025
$
1,954

 
$
16,820

 
$
2,035

 
$

Industrial
Atlanta, GA
February 2019
37,182

10/2023
3,253

 
30,951

 
2,978

 

Industrial
Dallas, TX
April 2019
28,201

08/2023
2,420

 
23,330

 
2,451

 

Industrial
Spartanburg, SC
April 2019
33,253

01/2024
1,615

 
27,829

 
3,809

 

Industrial
Memphis, TN
May 2019
49,395

04/2024
2,646

 
40,452

 
6,297

 

Industrial
Memphis, TN
May 2019
18,316

05/2023
851

 
15,465

 
2,000

 

Industrial
Atlanta, GA
June 2019
45,441

05/2020
3,251

 
40,023

 
2,167

 

Industrial
Atlanta, GA
June 2019
27,353

05/2024
2,536

 
22,825

 
1,992

 

Industrial
Cincinnati, OH
September 2019
13,762

12/2023
544

 
12,376

 
842

 

Industrial
Cincinnati, OH
September 2019
100,288

06/2030
3,950

 
88,427

 
7,911

 

Industrial
Cincinnati, OH
September 2019
65,763

08/2027
3,123

 
60,703

 
5,392

 
(3,455
)
 
 
 
$
439,763

 
$
26,143

 
$
379,201

 
$
37,874

 
$
(3,455
)