X | ||||||||||
- Definition If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
|
X | ||||||||||
- Definition End date of current fiscal year in the format --MM-DD. No definition available.
|
X | ||||||||||
- Definition This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
|
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
|
X | ||||||||||
- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
|
X | ||||||||||
- Definition Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
X | ||||||||||
- Definition Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
|
X | ||||||||||
- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
|
X | ||||||||||
- Definition Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
|
X | ||||||||||
- Definition Trading symbol of an instrument as listed on an exchange. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount as of the balance sheet date by which cumulative distributions to shareholders (or partners) exceed retained earnings (or accumulated earnings). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Refundable consideration, usually cash, held by the entity pending satisfactory completion of the entity's obligations or pending the closing of a contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The current amount of expenditures for a real estate project that has not yet been completed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of the general partner's ownership interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of the limited partners' ownership interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents a liability associated with the acquisition of an off-market lease when the terms of the lease are unfavorable to the market terms for the lease at the date of acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Including both current and noncurrent portions, carrying amount as of the balance sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of all Partners' Capital (deficit) items which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of partners' capital (deficit), including portions attributable to both the parent and noncontrolling interests. Excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets. No definition available.
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of investments in land and buildings held for sale, excluding real estate considered to be inventory of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. This element is for unclassified presentations; for classified presentations there is a separate and distinct element. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of uncollateralized debt obligations (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
---|---|---|
Real Estate Held for Sale, Accumulated Depreciation | $ 1,171 | $ 0 |
Common Stock, par value | $ 0.01 | $ 0.01 |
Common Stock, shares authorized | 150,000,000 | 150,000,000 |
Common Stock, shares issued | 111,027,225 | 110,600,866 |
Common Stock, shares outstanding | 111,027,225 | 110,600,866 |
First Industrial L.P. | ||
Real Estate Held for Sale, Accumulated Depreciation | $ 1,171 | $ 0 |
General Partner Units, units outstanding | 111,027,225 | 110,600,866 |
Limited Partner Units, units outstanding | 4,305,707 | 4,374,637 |
X | ||||||||||
- Definition The cumulative amount of depreciation and amortization for the carrying amount as of the balance sheet date of investments in land and buildings held for sale, excluding real estate considered to be inventory of the entity. No definition available.
|
X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of general partner units outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of limited partner units outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expense incurred and directly related to generating revenue from leased and rented property or equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before tax of income (loss) from operations classified as a discontinued operation. Excludes gain (loss) on disposal and provision for gain (loss) until its disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, before tax, of (gain) loss recognized for the (reversal of write-down) write-down to fair value, less cost to sell, of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition This element represents the amount of gain (loss) on sale of properties during the reporting period gross of the applicable income taxes realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
X | ||||||||||
- Definition The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
|
X | ||||||||||
- Definition The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate revenue from real estate operations during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition In accordance with the provisions of their lease agreement, this element represents allowable charges due a landlord from its tenant. In retail store and office building leases, for example, tenant reimbursements may cover items such as taxes, utilities, and common area expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition In connection with debt repurchases prior to maturity, the accelerated write off of the unamortized settlement amount of the related interest rate protection agreement. No definition available.
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- Definition The amount of loss reclassified into earnings in the period when cash flow hedge is discontinued because it is probable that the original forecasted transactions will not occur by the end of the original period. No definition available.
|
X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition Amount of other increase (decrease) in additional paid in capital (APIC). No definition available.
|
X | ||||||||||
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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X | ||||||||||
- Definition Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Total contributions made by each class of partners (i.e., general, limited and preferred partners). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Total distributions to each class of partners (i.e., general, limited and preferred partners). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Total change in each class of partners' capital accounts during the year due to redemptions and adjustments to redemption value. All partners include general, limited and preferred partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Total change in each class of partners' capital accounts during the year due to unit-based compensation. All partners include general, limited and preferred partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of partners' capital (deficit), including portions attributable to both the parent and noncontrolling interests. Excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Value of stock issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Equity impact of the value of stock bought back by the entity at the exercise price or redemption price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Exchange of Limited partnership units for General partnership units. No definition available.
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X | ||||||||||
- Definition The non-cash amount of fully depreciated assets being written off during the period. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Future cash outflow to pay for purchases of fixed assets that have occurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition This item represents disclosure of the amount of dividends or other distributions received from unconsolidated subsidiaries, certain corporate joint ventures, and certain noncontrolled corporation; these investments are accounted for under the equity method of accounting. This element excludes distributions that constitute a return of investment, which are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of assets used to generate operating income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of liabilities that result from activities that generate operating income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The change in cash during the period due to the net increase or decrease in outstanding checks, the liability that represents checks that have been issued but that have not cleared. The entity may classify these cash flows as financing or operating activities. Another element, Increase (Decrease) in Outstanding Checks, Financing Activities, represents cash flows from outstanding checks classified as financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of cash paid during the current period for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The fair value of liabilities assumed in noncash investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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X | ||||||||||
- Definition The fair value of notes issued in noncash investing and financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The other noncash expense, not otherwise specified in the taxonomy, charged against earnings in the period to allocate the cost of tangible and intangible assets over their remaining economic lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total of the cash outflow during the period which has been paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt and the cost incurred directly for the issuance of equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow for derivative instruments during the period, which are classified as financing activities, excluding those designated as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow for derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments. No definition available.
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- Definition Net cash outflow for the allowance granted to lessee and/or direct costs incurred by lessor used to prepare the leased premises for tenant's occupancy; for costs that are essential to originating the lease and would not otherwise have been incurred without the lease agreement, including but not limited to, evaluating the lessee's credit condition, guarantees, and collateral and costs incurred in negotiating, processing, and executing the lease agreement; and for any commission(s) incurred. No definition available.
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- Definition The cash outflow for reacquisition of callable preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow for incremental, external costs directly pertaining to an early extinguishment of debt, including legal costs and prepayment penalties, and excluding interest and repayment of debt principal. No definition available.
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- Definition Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash outflow in the form of ordinary dividends to preferred shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes real estate acquired for use by the owner. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from the sale of an investment interest in a joint venture that the reporting entity has not previously accounted for using consolidation or the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from other long-term borrowings not otherwise defined in the taxonomy (with maturities initially due beyond one year or the normal operating cycle of the entity, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with maturities due beyond one year or the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash inflow from a noncontrolling interest. Includes, but is not limited to, purchase of additional shares or other increase in noncontrolling interest ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash inflow from the sale of formerly productive land held for sale, anything permanently fixed to it, including buildings, structures on it, and so forth. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow for the settlement of obligation drawn from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with maturities due beyond one year or the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow to repay long-term debt that is not secured by collateral. Excludes repayments of tax exempt unsecured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Value of stock issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between actual rental income due and rental income recognized on a straight-line basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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X | ||||||||||
- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Organization |
12 Months Ended |
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Dec. 31, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization | Organization First Industrial Realty Trust, Inc. (the "Company") is a self-administered and fully integrated real estate company which owns, manages, acquires, sells, develops and redevelops industrial real estate. The Company is a Maryland corporation organized on August 10, 1993 and a real estate investment trust ("REIT") as defined in the Internal Revenue Code of 1986 (the "Code"). Unless stated otherwise or the context otherwise requires, the terms "we," "our" and "us" refer to the Company and its subsidiaries, including its operating partnership, First Industrial, L.P. (the "Operating Partnership"), and its consolidated subsidiaries. We began operations on July 1, 1994. The Company's operations are conducted primarily through the Operating Partnership, of which the Company is the sole general partner (the "General Partner"), with an approximate 96.3% and 96.2% ownership interest ("General Partner Units") at December 31, 2015 and 2014, respectively. The Operating Partnership also conducts operations itself and through eight other limited partnerships (the "Other Real Estate Partnerships"), numerous limited liability companies ("LLCs") and certain taxable REIT subsidiaries, the operating data of which, together with that of the Operating Partnership, is consolidated with that of the Company as presented herein. See Note 2 to the Consolidated Financial Statements. The Operating Partnership holds at least a 99% limited partnership interest in each of Other Real Estate Partnerships. The general partners of the Other Real Estate Partnerships are separate corporations, wholly-owned by the Company, each with at least a .01% general partnership interest in the Other Real Estate Partnerships. The Company does not have any significant assets or liabilities other than its investment in the Operating Partnership and its 100% ownership interest in the general partners of the Other Real Estate Partnerships. Noncontrolling interest in the Operating Partnership of approximately 3.7% and 3.8% ("Limited Partner Units"; together with the General Partner Units, the "Units") at December 31, 2015 and 2014, respectively, represents the aggregate partnership interest held by the limited partners thereof. Profits, losses and distributions of the Operating Partnership, the LLCs and the Other Real Estate Partnerships are allocated to the general partner and the limited partners or the members, as applicable, of such entities in accordance with the provisions contained within their respective organizational documents. We also provide various services to two joint ventures (the "2003 Net Lease Joint Venture" and the "2007 Europe Joint Venture," collectively the "Joint Ventures"). Our noncontrolling equity ownership interests in the 2003 Net Lease Joint Venture and the 2007 Europe Joint Venture are 15% and 10%, respectively. During the year ended December 31, 2015, the 2003 Net Lease Joint Venture sold its last remaining industrial property comprising approximately 0.8 million square feet of gross leasable area ("GLA"). At December 31, 2015, the 2007 Europe Joint Venture did not own any properties. The Joint Ventures are accounted for under the equity method of accounting. As of December 31, 2015, we owned 589 industrial properties located in 25 states, containing an aggregate of approximately 63.6 million square feet of GLA. Of the 589 properties owned on a consolidated basis, none of them are directly owned by the Company. Any references to the number of industrial properties and square footage in the financial statement footnotes are unaudited. |
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- References No definition available.
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- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements at December 31, 2015 and 2014 and for each of the years ended December 31, 2015, 2014 and 2013 include the accounts and operating results of the Company and the Operating Partnership. Such financial statements present our noncontrolling equity interests in our Joint Ventures under the equity method of accounting. All intercompany transactions have been eliminated in consolidation. Use of Estimates In order to conform with generally accepted accounting principles, in preparation of our consolidated financial statements we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of December 31, 2015 and 2014, and the reported amounts of revenues and expenses for each of the years ended December 31, 2015, 2014 and 2013. Actual results could differ from those estimates. Reclassifications and Revisions Gain on sale of real estate included in continuing operations for the years ended December 31, 2014 and 2013 have been reclassified within the statement of operations to be included in the income from continuing operations subtotal to conform to the 2015 presentation. From 2000 through 2007, we repurchased 4,324,114 common shares pursuant to a stock repurchase plan authorized by the Company's Board of Directors. These repurchased common shares are subject to state corporate laws that establish the legal status of redeemed shares and prevent them from being reported as treasury shares within the consolidated financial statements. We previously misclassified the repurchased common shares as treasury shares. The common share repurchases should have been classified as reductions of common stock, additional paid-in-capital and distributions in excess of accumulated earnings. We evaluated the impact of this correction on previously issued financial statements and concluded they were not materially misstated. In order to conform previous financial statements to the current period, we elected to revise previously issued financial statements. The balances for common stock, additional-paid-in-capital and distributions in excess of accumulated earnings on the accompanying consolidated statements of changes in stockholders' equity of the Company as of December 31, 2012, 2013 and 2014 and on the accompanying consolidated balance sheet of the Company as of December 31, 2014 have been revised to correct the misclassification. The correction results in reductions in common stock, additional paid-in-capital and distributions in excess of accumulated earnings of $43, $121,277 and $18,698, respectively to the previously reported amounts of $1,031, $1,906,490 and ($657,567), respectively, as of December 31, 2012, $1,143, $1,938,886 and $(669,896), respectively, as of December 31, 2013 and $1,149, $1,872,336 and ($670,650), respectively, as of December 31, 2014. The misclassification has no impact on the previously reported consolidated statements of operations, comprehensive income or cash flows. In addition, the misclassification has no impact on the previously reported consolidated financial statements of the Operating Partnership. Cash and Cash Equivalents Cash and cash equivalents include all cash and liquid investments with an initial maturity of three months or less. The carrying amount approximates fair value due to the short term maturity of these investments. Restricted Cash Restricted cash includes cash held in escrow in connection with gross proceeds from the sales of certain industrial properties. These sales proceeds will be disbursed as we exchange into properties under Section 1031 of the Code. The carrying amount approximates fair value due to the short term maturity of these investments. Investment in Real Estate and Depreciation Investment in real estate is carried at cost, less accumulated depreciation and amortization. We review our properties on a quarterly basis for impairment and provide a provision if impairments exist. To determine if an impairment may exist, we review our properties and identify those that have had either an event of change or event of circumstances warranting further assessment of recoverability (such as a decrease in occupancy, a decline in general market conditions or a change in the expected hold period of an asset). If further assessment of recoverability is needed, we estimate the future net cash flows expected to result from the use of the property and its eventual disposition on an individual property basis. If the sum of the expected future net cash flows (undiscounted and without interest charges) is less than the carrying amount of the property on an individual property basis, we will recognize an impairment loss based upon the estimated fair value of such property. For properties we consider held for sale, we cease depreciating the properties and value the properties at the lower of depreciated cost or fair value, less costs to dispose. If circumstances arise that were previously considered unlikely, and, as a result, we decide not to sell a property previously classified as held for sale, we will reclassify such property as held and used. Such property is measured at the lower of its carrying amount (adjusted for any depreciation and amortization expense that would have been recognized had the property been continuously classified as held and used) or fair value at the date of the subsequent decision not to sell. We classify properties as held for sale when all criteria within the Financial Accounting Standards Board’s (the "FASB") guidance on the impairment or disposal of long-lived assets are met. Interest costs, real estate taxes, compensation costs of development personnel and other directly related costs incurred during construction periods are capitalized and depreciated commencing with the date the property is substantially completed. Upon substantial completion, we reclassify construction in progress to building, tenant improvements and leasing commissions. Such costs begin to be capitalized to the development projects from the point we are undergoing necessary activities to get the development ready for its intended use and cease when the development projects are substantially completed and held available for occupancy. Depreciation expense is computed using the straight-line method based on the following useful lives:
Construction expenditures for tenant improvements, leasehold improvements and leasing commissions (inclusive of compensation costs of personnel attributable to leasing) are capitalized and amortized over the terms of each specific lease. Capitalized compensation costs of personnel attributable to leasing relate to time directly attributable to originating leases with tenants that result directly from and are essential to originating those leases and would not have been incurred had these leasing transactions not occurred. Repairs and maintenance are charged to expense when incurred. Expenditures for improvements are capitalized. Upon acquisition of an occupied property, we allocate the purchase price of the property based upon the fair value of the assets acquired and liabilities assumed, which generally consists of land, buildings, tenant improvements, leasing commissions and intangible assets including in-place leases, above market and below market leases, below market ground lease obligations and tenant relationships. We allocate the purchase price to the fair value of the tangible assets of an acquired property by valuing the property as if it were vacant. Acquired above and below market leases and below market ground lease obligations are valued based on the present value of the difference between prevailing market rates and the in-place rates measured over a period equal to the remaining term of the lease for above market leases and below market ground lease obligations, and the initial term plus the term of any below market fixed rate renewal options for below market leases. The above market lease values are amortized as a reduction of rental revenue over the remaining term of the respective leases, and the below market lease values are amortized as an increase to base rental revenue over the remaining initial terms plus the terms of any below market fixed rate renewal options of the respective leases. The purchase price is further allocated to in-place lease values and tenant relationships based on our evaluation of the specific characteristics of each tenant’s lease and our overall relationship with the respective tenant. The value of in-place lease intangibles and tenant relationships, which are included as components of deferred leasing intangibles, net are amortized over the remaining lease term (and expected renewal periods of the respective lease for tenant relationships) as adjustments to depreciation and other amortization expense. If a tenant terminates its lease early, the unamortized portion of the tenant improvements, leasing commissions, above and below market leases, the in-place lease value and tenant relationships is immediately written off. Acquisition related costs associated with business combinations are expensed as incurred. As defined by GAAP, a business is an integrated set of activities and assets that is capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs or other economic benefits directly to investors or other owners, members or participants. We do not consider acquisitions of land or unoccupied buildings to be business combinations. Rather, these transactions are treated as asset acquisitions and the acquisition related costs are capitalized to the basis of the assets acquired. Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:
Amortization expense related to in-place leases and tenant relationships, exclusive of amortization expense related to in-place leases and tenant relationships included in discontinued operations, was $6,326, $6,239 and $5,598 for the years ended December 31, 2015, 2014 and 2013, respectively. Rental revenues increased by $462, $925 and $572 related to net amortization of above/(below) market leases, exclusive of net amortization related to above/(below) market leases included in discontinued operations, for the years ended December 31, 2015, 2014 and 2013, respectively. We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2015 as follows:
Foreign Currency Transactions and Translation The assets and liabilities of our operations in Canada were translated to U.S. dollars from the Canadian dollar based on the current exchange rate prevailing at each balance sheet date. The income statement accounts were translated using the average exchange rate for the period. The resulting translation adjustments are included in accumulated other comprehensive income. We sold our sole remaining real estate asset located in Canada during the year ended December 31, 2014. Deferred Financing Costs Deferred financing costs include fees and costs incurred to obtain long-term financing. These fees and costs are being amortized over the terms of the respective loans. Accumulated amortization of deferred financing costs was $20,332 and $17,173 at December 31, 2015 and 2014, respectively. Unamortized deferred financing costs are written-off when debt is retired before the maturity date. Investments in Joint Ventures Investments in joint ventures represent our noncontrolling equity/limited partnership interests in our Joint Ventures. We account for our investments in joint ventures under the equity method of accounting, as we do not have a majority voting interest, operational control or financial control. Control is determined using accounting standards related to the consolidation of joint ventures and variable interest entities. In order to assess whether consolidation of a variable interest entity is required, an enterprise is required to qualitatively assess the determination of the primary beneficiary of a variable interest entity ("VIE") based on whether the entity (1) has the power to direct matters that most significantly impact the activities of the VIE and (2) has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. Additionally, they require an ongoing reconsideration of the primary beneficiary and provide a framework for the events that trigger a reassessment of whether an entity is a VIE. Under the equity method of accounting, our share of earnings or losses of our Joint Ventures is reflected in income as earned and contributions or distributions increase or decrease our investments in joint ventures as paid or received, respectively. Differences between our carrying value of our investments in joint ventures and our underlying equity of such Joint Ventures are amortized over the respective lives of the underlying assets. Limited Partners Units Limited Partner Units are reported within Partners’ Capital in the Operating Partnership's balance sheet as of December 31, 2015 and 2014 because they are not redeemable for cash or other assets (a) at a fixed or determinable date, (b) at the option of the Unitholder or (c) upon the occurrence of an event that is not solely within the control of the Operating Partnership. Redemption can be effectuated, as determined by the General Partner, either by exchanging the Units for shares of common stock of the Company on a one-for-one basis, subject to adjustment, or by paying cash equal to the fair market value of such shares. The Operating Partnership is the only significant asset of the Company and economic, fiduciary and contractual means align the interests of the Company and the Operating Partnership. The Company's Board of Directors and officers of the Company direct the Company to act when acting in its capacity as sole general partner of the Operating Partnership. Because of this, the Operating Partnership is deemed to have effective control of the form of redemption consideration. As of December 31, 2015, all criteria were met for the Operating Partnership to control the actions or events necessary to issue the maximum number of the Company’s common shares required to be delivered upon redemption of all remaining Limited Partner Units. Stock Based Compensation We measure compensation cost for all stock-based awards at fair value on the date of grant and recognize compensation expense over the service period for awards expected to vest. Net income, net of preferred stock dividends or preferred Unit distributions and redemption of preferred stock or preferred Units, is allocated to common stockholders or Unitholders and participating securities based upon their proportionate share of weighted average shares or Units plus weighted average participating securities. Participating securities are unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents. Restricted stock or restricted Unit awards granted to employees and directors are considered participating securities as they receive non-forfeitable dividend or dividend equivalents at the same rate as common stock or Units. See Note 7 for further disclosure about participating securities. Revenue Recognition Rental income is recognized on a straight-line method under which contractual rent increases are recognized evenly over the lease term. Tenant recovery income includes payments from tenants for real estate taxes, insurance and other property operating expenses and is recognized as revenue in the same period the related expenses are incurred by us. If the lease provides for tenant improvements, we determine whether the tenant improvements are owned by the tenant or us. When we are the owner of the tenant improvements, the tenant is not considered to have taken physical possession or have control of the leased asset until the tenant improvements are substantially complete. Also, when we are the owner of the tenant improvements, any tenant improvements funded by the tenant are treated as lease payments which are deferred and amortized into income over the lease term. When the tenant is the owner of the tenant improvements, we record any tenant improvement allowance funded as a lease inducement and amortize it as a reduction of revenue over the lease term. Revenue is generally recognized on payments received from tenants for early lease terminations upon the effective termination of a tenant’s lease and when we have no further obligations under the lease. We provide an allowance for doubtful accounts against the portion of tenant accounts receivable including deferred rent receivable, which is estimated to be uncollectible. Accounts receivable in the consolidated balance sheets are shown net of an allowance for doubtful accounts of $1,515 and $1,695 as of December 31, 2015 and 2014, respectively. Deferred rent receivable in the consolidated balance sheets is shown net of an allowance for doubtful accounts of $2,669 and $1,888 as of December 31, 2015 and 2014, respectively. For accounts receivable we deem uncollectible, we use the direct write-off method. Gain on Sale of Real Estate Gain on sale of real estate is recognized using the full accrual method, when appropriate. Gains relating to transactions which do not meet the full accrual method of accounting are deferred and recognized when the full accrual method of accounting criteria are met or by using the installment or deposit methods of profit recognition, as appropriate in the circumstances. As the assets are sold, their costs and related accumulated depreciation are written off with resulting gains or losses reflected in net income or loss. Estimated future costs to be incurred by us after completion of each sale are accrued and included in the determination of the gain on sales. Income Taxes The Company has elected to be taxed as a REIT under the Code. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement to distribute at least 90% of its adjusted taxable income to its stockholders. Management intends to continue to adhere to these requirements and to maintain the Company's REIT status. As a REIT, the Company is entitled to a tax deduction for some or all of the dividends it pays to shareholders. Accordingly, the Company generally will not be subject to federal income taxes as long as it currently distributes to shareholders an amount equal to or in excess of the Company's taxable income. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal income taxes and may not be able to qualify as a REIT for four subsequent taxable years. REIT qualification reduces, but does not eliminate, the amount of state and local taxes we pay. In addition, our financial statements include the operations of taxable corporate subsidiaries that are not entitled to a dividends paid deduction and are subject to corporate federal, state and local income taxes. In accordance with partnership taxation, each of the partners of the Operating Partnership is responsible for reporting their share of taxable income or loss. We may also be subject to certain federal excise and franchise taxes if we engage in certain types of transactions. A benefit/provision has been made for federal, state and local income taxes in the accompanying consolidated financial statements. In accordance with FASB’s guidance, the total benefit/provision has been separately allocated to income (loss) from continuing operations and income (loss) from discontinued operations, if applicable. The provision for excise and franchise taxes has been reflected in general and administrative expense in the consolidated statements of operations and has not been separately stated due to its insignificance. Earnings Per Share and Earnings Per Unit ("EPS" and "EPU") Basic net income (loss) per common share or Unit is computed by dividing net income (loss) available to common shareholders or Unitholders by the weighted average number of common shares or Units outstanding for the period. Diluted net income (loss) per common share or Unit is computed by dividing net income (loss) available to common shareholders or Unitholders by the sum of the weighted average number of common shares or Units outstanding and any dilutive non-participating securities for the period. See Note 7 for further disclosure about EPS and EPU. Derivative Financial Instruments Historically, we have used interest rate protection agreements ("Agreements") to fix the interest rate on anticipated offerings of senior unsecured notes. Receipts or payments that result from the settlement of Agreements used to fix the interest rate on anticipated offerings of senior unsecured notes are amortized over the life of the derivative or the life of the debt and included in interest expense. Receipts or payments resulting from Agreements used to convert floating rate debt to fixed rate debt are recognized as a component of interest expense. Agreements which qualify for hedge accounting are marked-to-market and any gain or loss that is effective is recognized in other comprehensive income (loss) whereas mark-to-market gains and losses on Agreements which do not qualify for hedge accounting are recognized in net income (loss) immediately. Amounts accumulated in other comprehensive income (loss) during the hedge period are reclassified to earnings in the same period during which the forecasted transaction or hedged item affects net income (loss). The credit risks associated with Agreements are controlled through the evaluation and monitoring of the creditworthiness of the counterparty. In the event that the counterparty fails to meet the terms of Agreements, our exposure is limited to the fair value of Agreements, not the notional amounts. See Note 11 for more information on the Agreements. Fair Value of Financial Instruments Financial instruments other than our derivatives include tenant accounts receivable, accounts payable, other accrued expenses, mortgage loans payable, unsecured credit facility, unsecured term loans and senior unsecured notes. The fair values of tenant accounts receivable, accounts payable and other accrued expenses approximate their carrying or contract values. See Note 4 for the fair values of the mortgage loans payable, unsecured credit facility, unsecured term loans and senior unsecured notes. Discontinued Operations Effective January 1, 2015, we adopted Accounting Standards Update ("ASU") No. 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity" ("ASU 2014-08") for all properties not previously sold. ASU 2014-08 revised the reporting requirements to only allow a component of an entity, or group of components of an entity, to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. Going forward, we expect the majority of our property dispositions will not qualify as discontinued operations and the results of the dispositions, including the gain on sale of real estate, will be presented in Income from Continuing Operations. Prior to the adoption of ASU 2014-08, the FASB’s guidance on financial reporting for the disposal of long lived assets required that the results of operations and gains or losses on the sale of property or property held for sale be presented in discontinued operations if both of the following criteria were met: (a) the operations and cash flows of the property have been (or will be) eliminated from the ongoing operations of the Company and the Operating Partnership as a result of the disposal transaction and (b) we will not have any significant continuing involvement in the operations of the property after the disposal transaction. The guidance also required prior period results of operations for these properties to be reclassified and presented in discontinued operations in prior consolidated statements of operations. Segment Reporting Management views the Company, inclusive of the Operating Partnership, as a single segment based on its method of internal reporting. Recent Accounting Pronouncements In February 2015, the FASB issued ASU No. 2015-02, "Consolidation (Topic 810) - Amendments to the Consolidation Analysis" (“ASU 2015-02”). ASU 2015-02 updates consolidation guidance for legal entities such as limited partnerships, limited liability companies and securitization structures in an attempt to simplify consolidation accounting. ASU 2015-02 eliminates the presumption that a general partner should consolidate a limited partnership, modifies the evaluation of whether limited partnerships are variable interest entities ("VIE") or voting interest entities ("VOE") and adds requirements that limited partnerships must meet to qualify as VOEs. ASU 2015-02 is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. Since formation of each Other Real Estate Partnership, the Company, which wholly-owns the corporations that act as a general partner of each Other Real Estate Partnership, is also the general partner of the Operating Partnership which holds at least a 99% limited partnership interest in each of the Other Real Estate Partnership, has fully consolidated the financial information of the Other Real Estate Partnerships within its financial statements. The Operating Partnership has in the past accounted for each of the Other Real Estate Partnerships under the equity method of accounting based on the VOE classification and the presumption that the corporations owned by the Company that act as the general partners of the Other Real Estate Partnerships controlled the partnerships. However, under ASU 2015-02, the Operating Partnership determined that each Other Real Estate Partnership meets the criteria of a VIE and that it is the primary beneficiary for each Other Real Estate Partnership. As a result, the Operating Partnership has concluded that it should cease accounting for the Other Real Estate Partnerships under the equity method of accounting and consolidate the financial information of the Other Real Estate Partnerships within its financial statements. During the year ended ended December 31, 2015, the Operating Partnership elected early adoption of ASU 2015-02. The election is a full retrospective adoption approach which requires previously reported periods to be restated. The impact of this adoption on the Operating Partnership's previously reported period is as follows:
The following table summarizes the assets and liabilities of the Other Real Estate Partnerships included in our consolidated balance sheets:
In April 2015, the FASB issued ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs" ("ASU 2015-03"), which amends the current presentation of debt issuance costs in the financial statements. ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, instead of as an asset. The recognition and measurement guidance for debt issuance costs are not affected by this update. Debt issuance costs related to revolving credit agreements are not within the scope of this new guidance. In August 2015, the FASB issued ASU No. 2015-15, "Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements" ("ASU 2015-15"), which expands upon ASU 2015-03. ASU 2015-15 states that given the absence of authoritative guidance within 2015-03, the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset for revolving credit agreements and subsequently amortizing the deferred issuance costs ratably over the term of the arrangement, regardless of whether there are any outstanding borrowings on the revolving credit agreement. The amendments are to be applied retrospectively and are effective for interim and annual periods beginning after December 15, 2015. The adoption of ASU 2015-03 and ASU 2015-15 are not expected to have a material impact on our results of operations, however, they will impact the Consolidated Balance Sheet presentation related to our debt issuance costs. In August 2014, the FASB issued ASU No. 2014-15, "Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern" ("ASU 2014-15"), which requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the annual period ended December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. The adoption of ASU 2014-15 is not expected to materially impact our consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). ASU 2014-09 requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those good or services. For the real estate industry, leasing transactions are not within the scope of the new standard. A majority of our tenant-related revenue is recognized pursuant to lease agreements. In July 2015, the FASB deferred the effective date of ASU 2014-09 by one year. As a result, ASU 2014-09 is effective for annual periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted for annual periods beginning after December 15, 2016. We are currently evaluating the impact of the adoption of ASU 2014-09 on our consolidated financial statements. |
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- References No definition available.
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- Definition The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Investment in Real Estate |
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Investment in Real Estate | Investment in Real Estate Acquisitions In 2013, we acquired two industrial properties, one of which we acquired through the acquisition of 100% of the equity interest in the limited liability company that owned the industrial property, comprising approximately 1.1 million square feet of GLA and several land parcels. The purchase price of these acquisitions totaled approximately $72,812, excluding costs incurred in conjunction with the acquisition of the industrial properties and land parcels. In 2014, we acquired eight industrial properties comprising approximately 1.1 million square feet of GLA and several land parcels. The purchase price of these acquisitions totaled approximately $95,692, excluding costs incurred in conjunction with the acquisition of the industrial properties and land parcels. In 2015, we acquired eight industrial properties comprising approximately 1.9 million square feet of GLA and several land parcels. The purchase price of these acquisitions totaled approximately $169,218, excluding costs incurred in conjunction with the acquisition of the industrial properties and land parcels. The purchase price of the industrial properties and land parcels acquired for the years ended December 31, 2015 and 2014, was allocated as follows:
(A) See Note 2 for the disclosure of useful lives of our Investment in Real Estate and our Depreciation policy. (B) Represents leasing commissions, which are included in Other Assets and amortized over the remaining terms of each lease. (C) Included in the purchase price for the year ended December 31, 2015, is $122,913 relating to six industrial properties that we acquired and transferred to special purpose entities to facilitate a potential Section 1031 exchange under the Code. To realize the tax deferral available under the Section 1031 exchange, we must complete the Section 1031 exchange and take title to the to-be-exchanged industrial properties within 180 days of the acquisition date. We determined that these special purposes entities are VIEs, and we are the primary beneficiary. Therefore, we consolidate these entities. As of December 31, 2015, these VIEs have no significant liabilities or significant cash flows. Real Estate Held for Sale As December 31, 2015, we had one industrial property comprising approximately 0.2 million square feet of GLA held for sale. See Subsequent Events. Sales and Discontinued Operations In 2013, we sold 67 industrial properties comprising approximately 3.0 million square feet of GLA and several land parcels. Gross proceeds from the sales of the industrial properties and land parcels were approximately $144,628. The gain on sale of real estate was approximately $35,444, of which $34,344 is shown in discontinued operations. The 67 sold industrial properties meet the criteria to be included in discontinued operations. Therefore the results of operations and gain on sale of real estate for the 67 industrial properties sold are included in discontinued operations. The results of operations and gain on sale of real estate for the several land parcels, which do not meet the criteria to be included in discontinued operations, are included in continuing operations. In 2014, we sold 29 industrial properties comprising approximately 2.0 million square feet of GLA and several land parcels. Gross proceeds from the sales of the industrial properties and land parcels were approximately $102,596. The gain on sale of real estate was approximately $25,905, of which $25,988 is shown in discontinued operations. The 29 sold industrial properties meet the criteria to be included in discontinued operations. Therefore the results of operations and gain on sale of real estate for the 29 industrial properties sold are included in discontinued operations. The results of operations and loss on sale of real estate for the several land parcels, which do not meet the criteria to be included in discontinued operations, are included in continuing operations. In 2015, we sold 66 industrial properties comprising approximately 3.8 million square feet of GLA and several land parcels. Gross proceeds from the sales of the industrial properties and land parcels were approximately $158,429. The gain on sale of real estate was approximately $48,906. As discussed in Note 2, we adopted the new accounting standard relating to discontinued operations on January 1, 2015. There were no sales of industrial properties during the year ended ended December 31, 2015 that met the criteria to be classified as discontinued operations. The following table discloses certain information regarding the industrial properties included in our discontinued operations for the years ended December 31, 2014 and 2013:
Impairment Charges The impairment charges of $626 and $2,652 recorded during the years ended December 31, 2015 and 2013, respectively, were due to marketing certain industrial properties for sale and our assessment of the likelihood and timing of a potential sale transaction. The impairment charge recorded during the year ended December 31, 2013 of $2,652 is included in discontinued operations. The accounting guidance for the fair value measurement provisions for the impairment of long lived assets establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets for identical assets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The real estate assets measured at fair value on a non-recurring basis during the years ended December 31, 2015 and 2013 were sold. The fair market values were determined using third party offers. Valuations based on third party offers include bona fide contract prices and letter of intent amounts that we believe are indicative of fair value. |
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- References No definition available.
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- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Indebtedness |
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Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Indebtedness | Indebtedness The following table discloses certain information regarding our indebtedness:
(A) We entered into interest rate protection agreements, with an aggregate notional value of $460,000, to effectively convert the variable rate to a fixed rate. See Note 11. (B) The maturity date may be extended an additional year at our election, subject to certain restrictions. Mortgage Loans Payable, Net During the years ended December 31, 2015 and 2014, we paid off and retired prior to maturity mortgage loans in the amount of $22,910 and $65,558, respectively. In connection with these prepayments, we recognized $0 and $655 as loss from retirement of debt for the years ended December 31, 2015 and 2014, respectively. As of December 31, 2015, mortgage loans payable are collateralized, and in some instances cross-collateralized, by industrial properties with a net carrying value of $727,022. We believe the Operating Partnership and the Company were in compliance with all covenants relating to mortgage loans as of December 31, 2015. Senior Unsecured Notes, Net During the year ended December 31, 2014, we paid off and retired our 2014 Notes, at maturity, in the amount of $81,794. Unsecured Term Loans On January 29, 2014, we entered into a seven-year, $200,000 unsecured loan (the "2014 Unsecured Term Loan") with a syndicate of financial institutions. At December 31, 2015, the 2014 Unsecured Term Loan requires interest only payments and bears interest at a variable rate based on LIBOR plus 170 basis points . The interest rate on the 2014 Unsecured Term Loan varies based on the Company's leverage ratio or, at our election, the Company's credit ratings. On September 11, 2015, we entered into a seven-year, $260,000 unsecured loan (the "2015 Unsecured Term Loan"; together with the 2014 Unsecured Term Loan, the "Unsecured Term Loans") with a syndicate of financial institutions. At December 31, 2015, the 2015 Unsecured Term Loan requires interest only payments and bears interest at a variable rate based on LIBOR plus 160 basis points. The interest rate on the 2015 Unsecured Term Loan varies based on the Company's leverage ratio or, at our election, the Company's credit ratings. Unsecured Credit Facility On March 10, 2015, we amended and restated our $625,000 revolving credit agreement (the "Old Credit Facility") with a new $625,000 revolving credit agreement (as amended and restated, the "Unsecured Credit Facility"). We may request that the borrowing capacity under the Unsecured Credit Facility be increased to $900,000, subject to certain restrictions. The amendment extended the maturity date from September 29, 2017 to March 11, 2019 with an option to extend an additional one year at our election, subject to certain restrictions. At December 31, 2015, the Unsecured Credit Facility provides for interest only payments at LIBOR plus 115 basis points. The interest rate on the Unsecured Credit Facility varies based on the Company's leverage ratio or, at our election, the Company's credit ratings. Indebtedness The following is a schedule of the stated maturities and scheduled principal payments of our indebtedness, exclusive of premiums and discounts, for the next five years as of December 31, and thereafter:
The Unsecured Credit Facility, the Unsecured Term Loans and the indentures governing our senior unsecured notes contain certain financial covenants, including limitations on incurrence of debt and debt service coverage. Under the Unsecured Credit Facility and the Unsecured Term Loans, an event of default can occur if the lenders, in their good faith judgment, determine that a material adverse change has occurred which could prevent timely repayment or materially impair our ability to perform our obligations under the loan agreements. We believe that the Operating Partnership and the Company were in compliance with all covenants relating to the Unsecured Credit Facility, the Unsecured Term Loans and indentures governing our senior unsecured notes as of December 31, 2015. However, these financial covenants are complex and there can be no assurance that these provisions would not be interpreted by our lenders and noteholders in a manner that could impose and cause us to incur material costs. Fair Value At December 31, 2015 and 2014, the fair value of our indebtedness was as follows:
The fair values of our mortgage loans payable were determined by discounting the future cash flows using the current rates at which similar loans would be made based upon similar remaining maturities. The current market rates we utilized were internally estimated. The fair value of the senior unsecured notes were determined by using rates, as advised by our bankers, that are based upon recent trades within the same series of the senior unsecured notes, recent trades for senior unsecured notes with comparable maturities, recent trades for fixed rate unsecured notes from companies with profiles similar to ours, as well as overall economic conditions. The fair value of the Unsecured Credit Facility and the Unsecured Term Loans was determined by discounting the future cash flows using current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining term, assuming no repayment until maturity. We have concluded that our determination of fair value for each of our mortgage loans payable, senior unsecured notes, the Unsecured Term Loans and the Unsecured Credit Facility was primarily based upon Level 3 inputs. |
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- References No definition available.
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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership |
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Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stockholders' Equity of the Company and Partners' Capital of the Operating Partnership | Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership Operating Partnership Units The Operating Partnership has issued General Partner Units, Limited Partner Units and preferred general partnership Units. The General Partner Units resulted from capital contributions from the Company. The Limited Partner Units are issued in conjunction with the acquisition of certain properties (see discussion below). Subject to certain lock-up periods, holders of Limited Partner Units can redeem their Units by providing written notification to the General Partner of the Operating Partnership. Unless the General Partner provides notice of a redemption restriction to the holder, redemption must be made within seven business days after receipt of the holder’s notice. The redemption can be effectuated, as determined by the General Partner, either by exchanging the Limited Partner Units for shares of common stock of the Company on a one-for-one basis, subject to adjustment, or by paying cash equal to the fair market value of such shares. Prior requests for redemption have generally been fulfilled with shares of common stock of the Company, and the Operating Partnership intends to continue this practice. If each Limited Partner Unit of the Operating Partnership were redeemed as of December 31, 2015, the Operating Partnership could satisfy its redemption obligations by making an aggregate cash payment of approximately $95,285 or by issuing 4,305,707 shares of the Company’s common stock. The preferred general partnership Units result from preferred capital contributions from the Company. The Operating Partnership is required to make all required distributions on the preferred general partnership Units prior to any distribution of cash or assets to the holders of the Units. The consent of the holder of the Limited Partner Units is required to alter such holder’s rights as to allocations and distributions, to alter or modify such holder’s rights with respect to redemption, to cause the early termination of the Operating Partnership or to amend the provisions of the partnership agreement which requires such consent. Preferred Stock or General Partner Preferred Units On May 27, 2004, the Company issued 50,000 Depositary Shares, each representing 1/100th of a share of the Company's 6.236%, Series F Flexible Cumulative Redeemable Preferred Stock, $0.01 par value (the "Series F Preferred Stock"), at an initial offering price of $1,000.00 per Depositary Share. The net proceeds from the issuance of the Series F Preferred Stock were contributed to the Operating Partnership in exchange for 6.236% Series F Cumulative Preferred Units (the "Series F Preferred Units") and are reflected in the Operating Partnerships' financial statements as a general partner preferred unit contribution. The Series F Preferred Stock was redeemable for cash at the Company's option, in whole or in part, at a redemption price of $1,000.00 per Depositary Share, or $50,000 in the aggregate, plus dividends accrued and unpaid to the redemption date. On March 6, 2014, the Company fully redeemed the Series F Preferred Stock, at a redemption price of $1,000.00 per Depositary Share, and paid a pro-rated first quarter dividend of $11.3299 per Depositary Share, totaling $566. An equivalent number of Series F Preferred Units were redeemed on March 6, 2014 as well. The initial offering costs associated with the issuance of the Series F Preferred Stock or Series F Preferred Units, as well as costs associated with the redemption, totaled $949 and are reflected as a deduction from net income in determining earnings per share or earnings per Unit for the year ended December 31, 2014. On May 27, 2004, the Company issued 25,000 Depositary Shares, each representing 1/100th of a share of the Company's 7.236%, Series G Flexible Cumulative Redeemable Preferred Stock, $0.01 par value (the "Series G Preferred Stock"), at an initial offering price of $1,000.00 per Depositary Share. The net proceeds from the issuance of the Series G Preferred Stock were contributed to the Operating Partnership in exchange for 7.236% Series G Cumulative Preferred Units (the "Series G Preferred Units") and are reflected in the Operating Partnerships' financial statements as a general partner preferred unit contribution. The Series G Preferred Stock was redeemable for cash at the Company's option, in whole or in part, at a redemption price of $1,000.00 per Depositary Share, or $25,000 in the aggregate, plus dividends accrued and unpaid to the redemption date. On March 31, 2014, the Company fully redeemed the Series G Preferred Stock, at a redemption price of $1,000.00 per Depositary Share, and paid a semi-annual dividend of $36.18 per Depositary Share, totaling $905. An equivalent number of Series G Preferred Units were redeemed on March 31, 2014 as well. The initial offering costs associated with the issuance of the Series G Preferred Stock or Series G Preferred Units, as well as costs associated with the redemption, totaled $513 and are reflected as a deduction from net income in determining earnings per share or earnings per Unit for the year ended December 31, 2014. On January 13, 2006, the Company issued 6,000,000 Depositary Shares, each representing 1/10,000th of a share of the Company's 7.25%, Series J Cumulative Redeemable Preferred Stock, $0.01 par value (the "Series J Preferred Stock"), at an initial offering price of $25.00 per Depositary Share. The net proceeds from the issuance of the Series J Preferred Stock were contributed to the Operating Partnership in exchange for 7.25% Series J Cumulative Preferred Units (the "Series J Preferred Units") and are reflected in the Operating Partnerships' financial statements as a general partner preferred unit contribution. The Series J Preferred Stock was redeemable for cash at the Company's option, in whole or in part, at a redemption price equivalent to $25.00 per Depositary Share, or $150,000 in the aggregate, plus dividends accrued and unpaid to the redemption date. On December 21, 2012, the Company redeemed 2,000,000 Depositary Shares and an equivalent number of Series J Preferred Units were redeemed as well. The remaining 4,000,000 Depositary Shares of the Series J Preferred Stock were redeemed on April 11, 2013, at a redemption price of $25.00 per Depositary Share, and the Company paid a pro-rated second quarter dividend of $0.055382 per Depositary Share, totaling $221. An equivalent number of Series J Preferred Units were redeemed on April 11, 2013 as well. The remaining initial offering costs associated with the issuance of the Series J Preferred Stock/Units, as well as costs associated with the redemption, totaled $3,546 and are reflected as a deduction from net income in determining earnings per share or earnings per Unit for the year ended December 31, 2013. On August 21, 2006, the Company issued 2,000,000 Depositary Shares, each representing 1/10,000th of a share of the Company's 7.25%, Series K Flexible Cumulative Redeemable Preferred Stock, $0.01 par value (the "Series K Preferred Stock"), at an initial offering price of $25.00 per Depositary Share. The net proceeds from the issuance of the Series K Preferred Stock were contributed to the Operating Partnership in exchange for 7.25% Series K Cumulative Preferred Units (the "Series K Preferred Units") and are reflected in the Operating Partnerships' financial statements as a general partner preferred unit contribution. The Series K Preferred Stock was redeemable for cash at the Company's option, in whole or in part, at a redemption price equivalent to $25.00 per Depositary Share, or $50,000 in the aggregate, plus dividends accrued and unpaid to the redemption date. On July 18, 2013, the Company fully redeemed the Series K Preferred Stock at a redemption price of $25.00 per Depositary Share, and paid a pro-rated third quarter dividend of $0.090625 per Depositary Share, totaling $181. An equivalent number of Series K Preferred Units were redeemed on July 18, 2013 as well. The initial offering costs associated with the issuance of the Series K Preferred Stock or Series K Preferred Units, as well as costs associated with the redemption, totaled $2,121 and are reflected as a deduction from net income in determining earnings per share or earnings per Unit for the year ended December 31, 2013. The Company has 10,000,000 shares of preferred stock authorized. As of December 31, 2015 and 2014, there were no preferred shares or general partner preferred Units outstanding. Shares of Common Stock/Unit Contributions For the years ended December 31, 2015, 2014 and 2013, 68,930, 222,676, and 105,028 Limited Partner Units, respectively, were converted into an equivalent number of shares of common stock of the Company, resulting in a reclassification of $673, $2,155 and $996, respectively, of noncontrolling interest to the Company’s stockholders’ equity. During the year ended December 31, 2013, the Company issued 8,400,000 shares of the Company’s common stock in an underwritten public offering. Net proceeds to the Company for the year ended December 31, 2013, were $132,050. The proceeds were contributed to the Operating Partnership in exchange for an equivalent number of Units and are reflected in the Operating Partnership's financial statements as a general partner contribution. On March 1, 2012, we entered into distribution agreements with sales agents to sell up to 12,500,000 shares of the Company’s common stock, for up to $125,000 aggregate gross sale proceeds, from time to time in "at-the-market" offerings (the "2012 ATM"). During the year ended December 31, 2013, the Company issued 2,315,704 shares of the Company’s common stock under the 2012 ATM resulting in net proceeds to the Company of $41,735. The proceeds were contributed to the Operating Partnership in exchange for an equivalent number of Units and are reflected in the Operating Partnership's financial statements as a general partner contribution. On March 12, 2014, the 2012 ATM was terminated in preparation for the commencement of the 2014 ATM (defined hereafter). On March 13, 2014, we entered into distribution agreements with sales agents to sell up to 13,300,000 shares of the Company's common stock, for up to $200,000 aggregate gross sales proceeds, from time to time in "at-the-market" offerings (the "2014 ATM"). During the years ended December 31, 2015 and 2014, the Company issued no shares of common stock under the 2014 ATM. Under the terms of the 2014 ATM, sales are to be made primarily in transactions that are deemed to be "at-the-market" offerings, including sales made directly on the New York Stock Exchange or sales made through a market maker other than on an exchange or by privately negotiated transactions. The following table is a roll-forward of the Company's shares of common stock outstanding and the Operating Partnership's Units outstanding, including unvested restricted shares/Units (see Note 10), for the three years ended December 31, 2015:
Dividends/Distributions The coupon rate of our Series F Preferred Stock/Units reset every quarter at 2.375% plus the greater of (i) the 30 year Treasury constant maturity treasury ("CMT") Rate, (ii) the 10 year Treasury CMT Rate or (iii) 3-month LIBOR. For the period January 1, 2014 through March 6, 2014 (the redemption date), the coupon rate was 6.275%. The following table summarizes dividends/distributions accrued during the past three years:
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Accumulated Other Comprehensive Loss |
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Accumulated Other Comprehensive Loss [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss The following table summarizes the changes in accumulated other comprehensive loss by component for the Company for the years ended December 31, 2015 and 2014:
The following table summarizes the changes in accumulated other comprehensive loss by component for the Operating Partnership for the years ended December 31, 2015 and 2014:
The following table summarizes the reclassifications out of accumulated other comprehensive loss for both the Company and the Operating Partnership for the years ended December 31, 2015, 2014 and 2013:
The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income (loss) and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $391 into net income by increasing interest expense for interest rate protection agreements we settled in previous periods. Additionally, recurring settlement amounts on the 2014 and 2015 Swaps, as defined in Note 11, will also be reclassified to net income. See Note 11 for more information about our derivatives. |
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- Definition Accumulated Other Comprehensive Loss [Abstract] No definition available.
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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Earnings Per Share / Unit (EPS / EPU) |
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Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share / Unit (EPS / EPU) | Earnings Per Share and Earnings Per Unit (EPS/EPU) The computation of basic and diluted EPS of the Company is presented below:
The computation of basic and diluted EPU of the Operating Partnership is presented below:
Participating securities include 387,947, 463,774 and 488,861 of unvested restricted stock or restricted Unit awards outstanding at December 31, 2015, 2014 and 2013, respectively, which participate in non-forfeitable distributions. Under the two class method, participating security holders are allocated income, in proportion to total weighted average shares or Units outstanding, based upon the greater of net income (after reduction for preferred dividends or general partner preferred Unit distributions and redemption of preferred stock or general partner preferred Units) or common distributions declared. The number of weighted average shares or weighted average Units—diluted is the same as the number of weighted average shares or weighted average Units—basic for the year ended December 31, 2013, as the effect of restricted unit awards and LTIP Unit Awards (as defined in Note 10), which do not participate in non-forfeitable distributions of the Company or Operating Partnership, was excluded as its inclusion would have been antidilutive to the loss from continuing operations available to common stockholders or Unitholders. The following table discloses the number of non-participating securities outstanding for the year ended December 31, 2013 that were excluded from the computation of diluted EPS and EPU:
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- References No definition available.
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- Definition The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Income Taxes |
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Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Taxes | Income Taxes The components of income tax (provision) benefit for the years ended December 31, 2015, 2014 and 2013 are comprised of the following:
Deferred income taxes represent the tax effect of the temporary differences between the book and tax basis of assets and liabilities. Deferred tax assets (liabilities) include the following as of December 31, 2015 and 2014:
A valuation allowance is recorded if we believe it is more likely than not that all or some portion of our deferred tax assets will not be realized. We do not have projections of future taxable income or other sources of taxable income in the taxable REIT subsidiaries significant enough to allow us to believe it is more likely than not that we will realize our deferred tax assets. Therefore, we have recorded a valuation allowance against our deferred tax assets. An increase or decrease in the valuation allowance that results from a change in circumstances, and which causes a change in our judgment about the realizability of the related deferred tax assets, is included in the current tax provision. The income tax (provision) benefit pertaining to income from continuing operations of the taxable REIT subsidiaries differs from the amounts computed by applying the applicable federal statutory rate as follows for the years ended December 31, 2015, 2014 and 2013:
We evaluate tax positions taken in the financial statements on a quarterly basis under the interpretation for accounting for uncertainty in income taxes. As a result of this evaluation, we may recognize a tax benefit from an uncertain tax position only if it is "more-likely-than-not" that the tax position will be sustained on examination by taxing authorities. As of December 31, 2015, we do not have any unrecognized tax benefits. We file income tax returns in the U.S., and various states and foreign jurisdictions. In general, the statutes of limitations for income tax returns remain open for the years 2012 through 2015. Federal Income Tax Treatment of Share Distributions For income tax purposes, distributions paid to the Company's common shareholders are classified as ordinary income, capital gain, return of capital or qualified dividends. For the years ended December 31, 2015, 2014 and 2013, the distributions per common share were classified as follows:
For income tax purposes, distributions paid to the Company's preferred shareholders are classified as ordinary income, capital gain, return of capital or qualified dividends. For the year ended December 31, 2013, the preferred distributions per depositary share for the Series J and Series K Preferred Stock were classified as ordinary income of $0.5085 and $0.9969, respectively. |
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Future Rental Revenues |
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Operating Leases, Future Minimum Payments Receivable [Abstract] | |||||||||||||||||||||||||||||||||||||
Future Rental Revenues | Future Rental Revenues Our properties are leased to tenants under net and semi-net operating leases. Future minimum rental receipts, excluding tenant reimbursements of expenses, under non-cancelable operating leases executed as of December 31, 2015 are approximately as follows:
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- References No definition available.
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- Definition The entire disclosure for operating leases of a lessor. This may include a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Benefit Plans |
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Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Benefit Plans | Benefit Plans Stock Based Compensation The Company maintains a stock incentive plan (the “Stock Incentive Plan”), which is administered by the Compensation Committee of the Board of Directors. Officers, certain employees and the Company's independent directors generally are eligible to participate in the Stock Incentive Plan. Awards made under the Stock Incentive Plan can be in the form of restricted stock awards, restricted stock unit awards, performance share awards, dividend equivalent rights, non-statutory stock options and stock appreciation rights. Special provisions apply to awards granted under the Stock Incentive Plan in the event of a change in control in the Company. As of December 31, 2015, awards covering 3.0 million shares of common stock were available to be granted under the Stock Incentive Plan. Restricted Stock/Units For the years ended December 31, 2015, 2014 and 2013, the Company awarded 216,975, 299,805 and 284,461 shares, respectively, of restricted stock awards to certain employees, which had a fair value of $4,708, $5,413 and $4,719 on the date of approval by either the Compensation Committee of the Board of Directors or the Company's stockholders of the Stock Incentive Plan, as the case may be. These restricted stock awards were issued based upon the achievement of certain corporate performance goals and generally vest over a period of three years. Additionally, during the years ended December 31, 2015 and 2014, the Company awarded 17,385 and 19,250 shares, respectively, of restricted stock to non-employee members of the Board of Directors, which each had a fair value of $350 on the date of approval. These restricted stock awards vest over a one-year period. The Operating Partnership issued Units to the Company in the same amounts for these award issuances. Compensation expense is charged to earnings over the vesting periods for the restricted stock or restricted Unit awards expected to vest except if the recipient is not required to provide future service in exchange for vesting of such restricted stock or restricted Unit awards. If vesting of a recipient's restricted stock or restricted Unit awards is not contingent upon future service, the expense is recognized immediately at the date of grant. During the years ended December 31, 2015, 2014 and 2013, we recognized $1,352, $1,451 and $1,008, respectively, of compensation expense related to restricted stock or restricted Unit awards granted to our Chief Executive Officer and one other employee for which future service was not required. LTIP Unit Awards For the years ended December 31, 2015 and 2013, the Company granted 264,432 and 718,960 Long-Term Incentive Program ("LTIP") performance units ("LTIP Unit Awards") to certain employees, which had a fair value of $2,531 and $5,411 on the grant date as determined by a lattice-binomial option-pricing model based on a Monte Carlo simulation. The LTIP Unit Awards vest based upon the relative total shareholder return ("TSR") of the Company's common stock compared to the TSRs of the MSCI US REIT Index and the NAREIT Industrial Index. The TSR for the LTIP Unit Awards granted during the year ended December 31, 2015 is calculated based on the performance period from January 1, 2015 through December 31, 2017. The TSR for half of the granted units during the year ended December 31, 2013 was calculated based upon the performance period from July 1, 2013 through June 30, 2014 and the TSR for the other half was calculated based upon the performance from July 1, 2013 through December 31, 2015. Compensation expense is charged to earnings on a straight-line basis over the respective performance periods. At the end of the respective performance periods each participant will be issued shares of the Company's common stock equal to the maximum shares issuable to the participant for the performance period multiplied by a percentage, ranging from 0% to 100%, based on the Company's TSR as compared to the TSRs of the MSCI US REIT Index and the NAREIT Industrial Index. The participant is also entitled to dividend equivalents for shares issued pursuant to vested LTIP Unit Awards. The dividend equivalents represent any common dividends that would have been paid with respect to such issued shares after the grant of the LTIP Unit Awards and prior to the date of settlement. The Operating Partnership issued Units to the Company in the same amounts for vested LTIP Unit Awards. As mentioned above, the fair values of the LTIP Unit Awards at issuance were determined by a lattice-binomial option-pricing model based on Monte Carlo simulations using the following assumptions:
Outstanding Restricted Stock or Restricted Unit Awards and LTIP Unit Awards For the years ended December 31, 2015, 2014 and 2013, we recognized $7,177, $7,605 and $6,202, respectively, in amortization related to restricted stock or restricted Unit awards and LTIP Unit Awards, of which $42, $41 and $43 was capitalized in connection with development activities. At December 31, 2015, we had $5,432 in unrecognized compensation related to unvested restricted stock or restricted Unit awards and LTIP Unit Awards. The weighted average period that the unrecognized compensation is expected to be recognized is 0.91 years. Restricted stock or restricted Unit award and LTIP Unit Award transactions for the year ended December 31, 2015 are summarized as follows:
401(k)/Profit Sharing Plan In September 1994, the Company's Board of Directors approved and the Company adopted a 401(k)/Profit Sharing Plan. Under the Company's 401(k)/Profit Sharing Plan, all eligible employees may participate by making voluntary contributions. The Company may make, but is not required to make, matching contributions, which are funded by the Operating Partnership. For the years ended December 31, 2015, 2014 and 2013, total expense recognized for the 401(k)/Profit Sharing Plan related to matching contributions was $471, $387 and $300, respectively. |
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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Derivatives |
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Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivatives | Derivatives Our objectives in using derivatives are to add stability to interest expense and to manage our cash flow volatility and exposure to interest rate movements. To accomplish this objective, we primarily use interest rate protection agreements as part of our interest rate risk management strategy. Interest rate protection agreements designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. In connection with the origination of the 2014 Unsecured Term Loan (see Note 4), during January 2014, we entered into four interest rate protection agreements, with an aggregate notional value of $200,000, to manage our exposure to changes in the one month LIBOR rate (the “2014 Swaps ”). The 2014 Swaps fix the LIBOR rate at a weighted average rate of 2.29% and mature on January 29, 2021. We designated the 2014 Swaps as cash flow hedges. In connection with the origination of the 2015 Unsecured Term Loan (see Note 4), during September 2015, we entered into six interest rate protection agreements, with an aggregate notional value of $260,000, to manage our exposure to changes in the one month LIBOR rate (the “2015 Swaps ”). The 2015 Swaps fix the LIBOR rate at a weighted average rate of 1.79% and mature on September 12, 2022. We designated the 2015 Swaps as cash flow hedges. In order to maintain our flexibility to pursue an offering of unsecured debt, during August 2014, we entered into three interest rate protection agreements, with an aggregate notional value of $220,000, to manage our exposure to changes in the three month LIBOR rate (the "Settled Swaps"). At origination, we designated the Settled Swaps as cash flow hedges but, during the three months ended March 31, 2015, the Settled Swaps were de-designated and the fair market value loss was reclassified to earnings from other comprehensive income since we determined the forecasted offering of unsecured debt was no longer probable to occur within the time period stated in the respective designation memos. During the year ended December 31, 2015, we made a settlement payment of $11,546 to our derivative counterparties, which is recognized as mark-to-market and settlement loss on interest rate protection agreements. Our agreements with our derivative counterparties contain provisions where if we default on any of our indebtedness, then we could also be declared in default on our derivative obligations subject to certain thresholds. As of December 31, 2015, we had not posted any collateral related to these agreements and were not in breach of any of the agreement provisions. If we had breached these provisions, we could have been required to settle our obligations under the agreements at their termination value. Our Series F Preferred Stock, which was redeemed during the year ended December 31, 2014, included a quarterly rate reset. In 2008, we had entered into an interest rate swap agreement to mitigate our exposure to floating interest rates related to the forecasted reset rate of the coupon rate of our Series F Preferred Stock (the "Series F Agreement"). Accounting guidance for derivatives does not permit hedge accounting treatment related to equity instruments and therefore the mark-to-market gains or losses related to the Series F agreement were recorded in the statement of operations. The Series F Agreement matured on October 1, 2013 and for the year ended December 31, 2013, gains of $52 were recognized as mark-to-market gain on interest rate protection agreements. The following table sets forth our financial liabilities related to the 2014 and 2015 Swaps, which are included in Accounts Payable, Accrued Expenses and Other Liabilities on the accompanying consolidated balance sheets and are accounted for at fair value on a recurring basis as of December 31, 2015:
There was no ineffectiveness recorded on the 2014 and 2015 Swaps during the year ended December 31, 2015. See Note 6 for more information. The estimated fair value of the 2014 and 2015 Swaps was determined using the market standard methodology of netting the discounted fixed cash payments and the discounted expected variable cash receipts. The variable cash receipts are based on an expectation of interest rates (forward curves) derived from observable market interest rate curves. In addition, credit valuation adjustments are incorporated in the fair value to account for potential non-performance risk, including our own non-performance risk and the respective counterparty’s non-performance risk. We determined that the significant inputs used to value the 2014 and 2015 Swaps fell within Level 2 of the fair value hierarchy. |
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- References No definition available.
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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Related Party Transactions |
12 Months Ended |
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Dec. 31, 2015 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Related Party Transactions At December 31, 2015 and 2014, the Operating Partnership had receivable balances of $10,714 and $10,767, respectively, from a direct wholly-owned subsidiary of the Company. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments and Contingencies |
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies | Commitments and Contingencies In the normal course of business, we are involved in legal actions arising from the ownership of our industrial properties. In our opinion, the liabilities, if any, that may ultimately result from such legal actions are not expected to have a materially adverse effect on our consolidated financial position, operations or liquidity. At December 31, 2015, we had outstanding letters of credit and performance bonds in the aggregate amount of $6,698. In conjunction with the development of industrial properties, we have entered into agreements with general contractors for the construction of industrial properties. At December 31, 2015, we had four industrial properties totaling approximately 1.4 million square feet of GLA under construction. The estimated total investment as of December 31, 2015 is approximately $78,700 (unaudited). Of this amount, approximately $59,700 (unaudited) remains to be funded. There can be no assurance that the actual completion cost will not exceed the estimated total investment. Ground and Operating Lease Agreements For the years ended December 31, 2015, 2014 and 2013, we recognized $1,281, $1,300 and $1,440, respectively, in operating and ground lease expense. Future minimum rental payments under the terms of all non-cancelable ground and operating leases under which we are the lessee as of December 31, 2015 are as follows:
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- References No definition available.
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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Subsequent Events |
12 Months Ended |
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Dec. 31, 2015 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events From January 1, 2016 to February 24, 2016, we acquired one industrial property and several land parcels for a purchase price of approximately $46,664, excluding costs incurred in conjunction with such acquisitions. We also assumed a $4,513 mortgage loan payable in conjunction with the acquisition of the property. During the same period, we sold two industrial properties for approximately $9,614. Additionally, on January 15, 2016, we paid off and retired our 2016 Notes, at maturity, in the amount of $159,679. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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Quarterly Financial Information (unaudited) |
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Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quarterly Financial Information (unaudited) | Quarterly Financial Information (unaudited) The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
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- References No definition available.
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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Schedule III: Real Estate and Accumulated Depreciation |
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SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule III: Real Estate and Accumulated Depreciation | SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2015
SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2015
SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2015
SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2015
FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2015 NOTES:
At December 31, 2015, the aggregate cost of land and buildings and equipment for federal income tax purpose was approximately $3.2 billion (excluding construction in progress). The changes in investment in real estate for the three years ended December 31, are as follows:
The changes in accumulated depreciation for the three years ended December 31, are as follows:
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- References No definition available.
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- Definition The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies (Policies) |
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Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basis of Presentation | Basis of Presentation The accompanying consolidated financial statements at December 31, 2015 and 2014 and for each of the years ended December 31, 2015, 2014 and 2013 include the accounts and operating results of the Company and the Operating Partnership. Such financial statements present our noncontrolling equity interests in our Joint Ventures under the equity method of accounting. All intercompany transactions have been eliminated in consolidation. |
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Use of Estimates | Use of Estimates In order to conform with generally accepted accounting principles, in preparation of our consolidated financial statements we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of December 31, 2015 and 2014, and the reported amounts of revenues and expenses for each of the years ended December 31, 2015, 2014 and 2013. Actual results could differ from those estimates. |
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Reclassifications | Reclassifications and Revisions Gain on sale of real estate included in continuing operations for the years ended December 31, 2014 and 2013 have been reclassified within the statement of operations to be included in the income from continuing operations subtotal to conform to the 2015 presentation. From 2000 through 2007, we repurchased 4,324,114 common shares pursuant to a stock repurchase plan authorized by the Company's Board of Directors. These repurchased common shares are subject to state corporate laws that establish the legal status of redeemed shares and prevent them from being reported as treasury shares within the consolidated financial statements. We previously misclassified the repurchased common shares as treasury shares. The common share repurchases should have been classified as reductions of common stock, additional paid-in-capital and distributions in excess of accumulated earnings. We evaluated the impact of this correction on previously issued financial statements and concluded they were not materially misstated. In order to conform previous financial statements to the current period, we elected to revise previously issued financial statements. The balances for common stock, additional-paid-in-capital and distributions in excess of accumulated earnings on the accompanying consolidated statements of changes in stockholders' equity of the Company as of December 31, 2012, 2013 and 2014 and on the accompanying consolidated balance sheet of the Company as of December 31, 2014 have been revised to correct the misclassification. The correction results in reductions in common stock, additional paid-in-capital and distributions in excess of accumulated earnings of $43, $121,277 and $18,698, respectively to the previously reported amounts of $1,031, $1,906,490 and ($657,567), respectively, as of December 31, 2012, $1,143, $1,938,886 and $(669,896), respectively, as of December 31, 2013 and $1,149, $1,872,336 and ($670,650), respectively, as of December 31, 2014. The misclassification has no impact on the previously reported consolidated statements of operations, comprehensive income or cash flows. In addition, the misclassification has no impact on the previously reported consolidated financial statements of the Operating Partnership. |
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Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents include all cash and liquid investments with an initial maturity of three months or less. The carrying amount approximates fair value due to the short term maturity of these investments. |
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Restricted Cash | Restricted Cash Restricted cash includes cash held in escrow in connection with gross proceeds from the sales of certain industrial properties. These sales proceeds will be disbursed as we exchange into properties under Section 1031 of the Code. The carrying amount approximates fair value due to the short term maturity of these investments. |
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Investment in Real Estate and Depreciation | Investment in Real Estate and Depreciation Investment in real estate is carried at cost, less accumulated depreciation and amortization. We review our properties on a quarterly basis for impairment and provide a provision if impairments exist. To determine if an impairment may exist, we review our properties and identify those that have had either an event of change or event of circumstances warranting further assessment of recoverability (such as a decrease in occupancy, a decline in general market conditions or a change in the expected hold period of an asset). If further assessment of recoverability is needed, we estimate the future net cash flows expected to result from the use of the property and its eventual disposition on an individual property basis. If the sum of the expected future net cash flows (undiscounted and without interest charges) is less than the carrying amount of the property on an individual property basis, we will recognize an impairment loss based upon the estimated fair value of such property. For properties we consider held for sale, we cease depreciating the properties and value the properties at the lower of depreciated cost or fair value, less costs to dispose. If circumstances arise that were previously considered unlikely, and, as a result, we decide not to sell a property previously classified as held for sale, we will reclassify such property as held and used. Such property is measured at the lower of its carrying amount (adjusted for any depreciation and amortization expense that would have been recognized had the property been continuously classified as held and used) or fair value at the date of the subsequent decision not to sell. We classify properties as held for sale when all criteria within the Financial Accounting Standards Board’s (the "FASB") guidance on the impairment or disposal of long-lived assets are met. Interest costs, real estate taxes, compensation costs of development personnel and other directly related costs incurred during construction periods are capitalized and depreciated commencing with the date the property is substantially completed. Upon substantial completion, we reclassify construction in progress to building, tenant improvements and leasing commissions. Such costs begin to be capitalized to the development projects from the point we are undergoing necessary activities to get the development ready for its intended use and cease when the development projects are substantially completed and held available for occupancy. Depreciation expense is computed using the straight-line method based on the following useful lives:
Construction expenditures for tenant improvements, leasehold improvements and leasing commissions (inclusive of compensation costs of personnel attributable to leasing) are capitalized and amortized over the terms of each specific lease. Capitalized compensation costs of personnel attributable to leasing relate to time directly attributable to originating leases with tenants that result directly from and are essential to originating those leases and would not have been incurred had these leasing transactions not occurred. Repairs and maintenance are charged to expense when incurred. Expenditures for improvements are capitalized. Upon acquisition of an occupied property, we allocate the purchase price of the property based upon the fair value of the assets acquired and liabilities assumed, which generally consists of land, buildings, tenant improvements, leasing commissions and intangible assets including in-place leases, above market and below market leases, below market ground lease obligations and tenant relationships. We allocate the purchase price to the fair value of the tangible assets of an acquired property by valuing the property as if it were vacant. Acquired above and below market leases and below market ground lease obligations are valued based on the present value of the difference between prevailing market rates and the in-place rates measured over a period equal to the remaining term of the lease for above market leases and below market ground lease obligations, and the initial term plus the term of any below market fixed rate renewal options for below market leases. The above market lease values are amortized as a reduction of rental revenue over the remaining term of the respective leases, and the below market lease values are amortized as an increase to base rental revenue over the remaining initial terms plus the terms of any below market fixed rate renewal options of the respective leases. The purchase price is further allocated to in-place lease values and tenant relationships based on our evaluation of the specific characteristics of each tenant’s lease and our overall relationship with the respective tenant. The value of in-place lease intangibles and tenant relationships, which are included as components of deferred leasing intangibles, net are amortized over the remaining lease term (and expected renewal periods of the respective lease for tenant relationships) as adjustments to depreciation and other amortization expense. If a tenant terminates its lease early, the unamortized portion of the tenant improvements, leasing commissions, above and below market leases, the in-place lease value and tenant relationships is immediately written off. Acquisition related costs associated with business combinations are expensed as incurred. As defined by GAAP, a business is an integrated set of activities and assets that is capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs or other economic benefits directly to investors or other owners, members or participants. We do not consider acquisitions of land or unoccupied buildings to be business combinations. Rather, these transactions are treated as asset acquisitions and the acquisition related costs are capitalized to the basis of the assets acquired. Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:
Amortization expense related to in-place leases and tenant relationships, exclusive of amortization expense related to in-place leases and tenant relationships included in discontinued operations, was $6,326, $6,239 and $5,598 for the years ended December 31, 2015, 2014 and 2013, respectively. Rental revenues increased by $462, $925 and $572 related to net amortization of above/(below) market leases, exclusive of net amortization related to above/(below) market leases included in discontinued operations, for the years ended December 31, 2015, 2014 and 2013, respectively. We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2015 as follows:
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Foreign Currency Transactions and Translation | Foreign Currency Transactions and Translation The assets and liabilities of our operations in Canada were translated to U.S. dollars from the Canadian dollar based on the current exchange rate prevailing at each balance sheet date. The income statement accounts were translated using the average exchange rate for the period. The resulting translation adjustments are included in accumulated other comprehensive income. We sold our sole remaining real estate asset located in Canada during the year ended December 31, 2014. |
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Deferred Financing Costs | Deferred Financing Costs Deferred financing costs include fees and costs incurred to obtain long-term financing. These fees and costs are being amortized over the terms of the respective loans. Accumulated amortization of deferred financing costs was $20,332 and $17,173 at December 31, 2015 and 2014, respectively. Unamortized deferred financing costs are written-off when debt is retired before the maturity date. |
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Investments in Joint Ventures | Investments in Joint Ventures Investments in joint ventures represent our noncontrolling equity/limited partnership interests in our Joint Ventures. We account for our investments in joint ventures under the equity method of accounting, as we do not have a majority voting interest, operational control or financial control. Control is determined using accounting standards related to the consolidation of joint ventures and variable interest entities. In order to assess whether consolidation of a variable interest entity is required, an enterprise is required to qualitatively assess the determination of the primary beneficiary of a variable interest entity ("VIE") based on whether the entity (1) has the power to direct matters that most significantly impact the activities of the VIE and (2) has the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. Additionally, they require an ongoing reconsideration of the primary beneficiary and provide a framework for the events that trigger a reassessment of whether an entity is a VIE. Under the equity method of accounting, our share of earnings or losses of our Joint Ventures is reflected in income as earned and contributions or distributions increase or decrease our investments in joint ventures as paid or received, respectively. Differences between our carrying value of our investments in joint ventures and our underlying equity of such Joint Ventures are amortized over the respective lives of the underlying assets. |
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Limited Partners Units | Limited Partners Units Limited Partner Units are reported within Partners’ Capital in the Operating Partnership's balance sheet as of December 31, 2015 and 2014 because they are not redeemable for cash or other assets (a) at a fixed or determinable date, (b) at the option of the Unitholder or (c) upon the occurrence of an event that is not solely within the control of the Operating Partnership. Redemption can be effectuated, as determined by the General Partner, either by exchanging the Units for shares of common stock of the Company on a one-for-one basis, subject to adjustment, or by paying cash equal to the fair market value of such shares. The Operating Partnership is the only significant asset of the Company and economic, fiduciary and contractual means align the interests of the Company and the Operating Partnership. The Company's Board of Directors and officers of the Company direct the Company to act when acting in its capacity as sole general partner of the Operating Partnership. Because of this, the Operating Partnership is deemed to have effective control of the form of redemption consideration. As of December 31, 2015, all criteria were met for the Operating Partnership to control the actions or events necessary to issue the maximum number of the Company’s common shares required to be delivered upon redemption of all remaining Limited Partner Units. |
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Stock Based Compensation | Stock Based Compensation We measure compensation cost for all stock-based awards at fair value on the date of grant and recognize compensation expense over the service period for awards expected to vest. Net income, net of preferred stock dividends or preferred Unit distributions and redemption of preferred stock or preferred Units, is allocated to common stockholders or Unitholders and participating securities based upon their proportionate share of weighted average shares or Units plus weighted average participating securities. Participating securities are unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents. Restricted stock or restricted Unit awards granted to employees and directors are considered participating securities as they receive non-forfeitable dividend or dividend equivalents at the same rate as common stock or Units. See Note 7 for further disclosure about participating securities. |
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Revenue Recognition | Revenue Recognition Rental income is recognized on a straight-line method under which contractual rent increases are recognized evenly over the lease term. Tenant recovery income includes payments from tenants for real estate taxes, insurance and other property operating expenses and is recognized as revenue in the same period the related expenses are incurred by us. If the lease provides for tenant improvements, we determine whether the tenant improvements are owned by the tenant or us. When we are the owner of the tenant improvements, the tenant is not considered to have taken physical possession or have control of the leased asset until the tenant improvements are substantially complete. Also, when we are the owner of the tenant improvements, any tenant improvements funded by the tenant are treated as lease payments which are deferred and amortized into income over the lease term. When the tenant is the owner of the tenant improvements, we record any tenant improvement allowance funded as a lease inducement and amortize it as a reduction of revenue over the lease term. Revenue is generally recognized on payments received from tenants for early lease terminations upon the effective termination of a tenant’s lease and when we have no further obligations under the lease. We provide an allowance for doubtful accounts against the portion of tenant accounts receivable including deferred rent receivable, which is estimated to be uncollectible. Accounts receivable in the consolidated balance sheets are shown net of an allowance for doubtful accounts of $1,515 and $1,695 as of December 31, 2015 and 2014, respectively. Deferred rent receivable in the consolidated balance sheets is shown net of an allowance for doubtful accounts of $2,669 and $1,888 as of December 31, 2015 and 2014, respectively. For accounts receivable we deem uncollectible, we use the direct write-off method. |
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Gain on Sale of Real Estate | Gain on Sale of Real Estate Gain on sale of real estate is recognized using the full accrual method, when appropriate. Gains relating to transactions which do not meet the full accrual method of accounting are deferred and recognized when the full accrual method of accounting criteria are met or by using the installment or deposit methods of profit recognition, as appropriate in the circumstances. As the assets are sold, their costs and related accumulated depreciation are written off with resulting gains or losses reflected in net income or loss. Estimated future costs to be incurred by us after completion of each sale are accrued and included in the determination of the gain on sales. |
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Income Taxes | Income Taxes The Company has elected to be taxed as a REIT under the Code. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement to distribute at least 90% of its adjusted taxable income to its stockholders. Management intends to continue to adhere to these requirements and to maintain the Company's REIT status. As a REIT, the Company is entitled to a tax deduction for some or all of the dividends it pays to shareholders. Accordingly, the Company generally will not be subject to federal income taxes as long as it currently distributes to shareholders an amount equal to or in excess of the Company's taxable income. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal income taxes and may not be able to qualify as a REIT for four subsequent taxable years. REIT qualification reduces, but does not eliminate, the amount of state and local taxes we pay. In addition, our financial statements include the operations of taxable corporate subsidiaries that are not entitled to a dividends paid deduction and are subject to corporate federal, state and local income taxes. In accordance with partnership taxation, each of the partners of the Operating Partnership is responsible for reporting their share of taxable income or loss. We may also be subject to certain federal excise and franchise taxes if we engage in certain types of transactions. A benefit/provision has been made for federal, state and local income taxes in the accompanying consolidated financial statements. In accordance with FASB’s guidance, the total benefit/provision has been separately allocated to income (loss) from continuing operations and income (loss) from discontinued operations, if applicable. The provision for excise and franchise taxes has been reflected in general and administrative expense in the consolidated statements of operations and has not been separately stated due to its insignificance. |
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Earnings Per Share/Unit (EPS/EPU) | Earnings Per Share and Earnings Per Unit ("EPS" and "EPU") Basic net income (loss) per common share or Unit is computed by dividing net income (loss) available to common shareholders or Unitholders by the weighted average number of common shares or Units outstanding for the period. Diluted net income (loss) per common share or Unit is computed by dividing net income (loss) available to common shareholders or Unitholders by the sum of the weighted average number of common shares or Units outstanding and any dilutive non-participating securities for the period. See Note 7 for further disclosure about EPS and EPU. |
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Derivative Financial Instruments | Derivative Financial Instruments Historically, we have used interest rate protection agreements ("Agreements") to fix the interest rate on anticipated offerings of senior unsecured notes. Receipts or payments that result from the settlement of Agreements used to fix the interest rate on anticipated offerings of senior unsecured notes are amortized over the life of the derivative or the life of the debt and included in interest expense. Receipts or payments resulting from Agreements used to convert floating rate debt to fixed rate debt are recognized as a component of interest expense. Agreements which qualify for hedge accounting are marked-to-market and any gain or loss that is effective is recognized in other comprehensive income (loss) whereas mark-to-market gains and losses on Agreements which do not qualify for hedge accounting are recognized in net income (loss) immediately. Amounts accumulated in other comprehensive income (loss) during the hedge period are reclassified to earnings in the same period during which the forecasted transaction or hedged item affects net income (loss). The credit risks associated with Agreements are controlled through the evaluation and monitoring of the creditworthiness of the counterparty. In the event that the counterparty fails to meet the terms of Agreements, our exposure is limited to the fair value of Agreements, not the notional amounts. See Note 11 for more information on the Agreements. |
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Fair Value of Financial Instruments | Fair Value of Financial Instruments Financial instruments other than our derivatives include tenant accounts receivable, accounts payable, other accrued expenses, mortgage loans payable, unsecured credit facility, unsecured term loans and senior unsecured notes. The fair values of tenant accounts receivable, accounts payable and other accrued expenses approximate their carrying or contract values. See Note 4 for the fair values of the mortgage loans payable, unsecured credit facility, unsecured term loans and senior unsecured notes. |
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Discontinued Operations | Discontinued Operations Effective January 1, 2015, we adopted Accounting Standards Update ("ASU") No. 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity" ("ASU 2014-08") for all properties not previously sold. ASU 2014-08 revised the reporting requirements to only allow a component of an entity, or group of components of an entity, to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. Going forward, we expect the majority of our property dispositions will not qualify as discontinued operations and the results of the dispositions, including the gain on sale of real estate, will be presented in Income from Continuing Operations. Prior to the adoption of ASU 2014-08, the FASB’s guidance on financial reporting for the disposal of long lived assets required that the results of operations and gains or losses on the sale of property or property held for sale be presented in discontinued operations if both of the following criteria were met: (a) the operations and cash flows of the property have been (or will be) eliminated from the ongoing operations of the Company and the Operating Partnership as a result of the disposal transaction and (b) we will not have any significant continuing involvement in the operations of the property after the disposal transaction. The guidance also required prior period results of operations for these properties to be reclassified and presented in discontinued operations in prior consolidated statements of operations. |
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Segment Reporting | Segment Reporting Management views the Company, inclusive of the Operating Partnership, as a single segment based on its method of internal reporting. |
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Recent Accounting Pronouncements | Recent Accounting Pronouncements In February 2015, the FASB issued ASU No. 2015-02, "Consolidation (Topic 810) - Amendments to the Consolidation Analysis" (“ASU 2015-02”). ASU 2015-02 updates consolidation guidance for legal entities such as limited partnerships, limited liability companies and securitization structures in an attempt to simplify consolidation accounting. ASU 2015-02 eliminates the presumption that a general partner should consolidate a limited partnership, modifies the evaluation of whether limited partnerships are variable interest entities ("VIE") or voting interest entities ("VOE") and adds requirements that limited partnerships must meet to qualify as VOEs. ASU 2015-02 is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. Since formation of each Other Real Estate Partnership, the Company, which wholly-owns the corporations that act as a general partner of each Other Real Estate Partnership, is also the general partner of the Operating Partnership which holds at least a 99% limited partnership interest in each of the Other Real Estate Partnership, has fully consolidated the financial information of the Other Real Estate Partnerships within its financial statements. The Operating Partnership has in the past accounted for each of the Other Real Estate Partnerships under the equity method of accounting based on the VOE classification and the presumption that the corporations owned by the Company that act as the general partners of the Other Real Estate Partnerships controlled the partnerships. However, under ASU 2015-02, the Operating Partnership determined that each Other Real Estate Partnership meets the criteria of a VIE and that it is the primary beneficiary for each Other Real Estate Partnership. As a result, the Operating Partnership has concluded that it should cease accounting for the Other Real Estate Partnerships under the equity method of accounting and consolidate the financial information of the Other Real Estate Partnerships within its financial statements. During the year ended ended December 31, 2015, the Operating Partnership elected early adoption of ASU 2015-02. The election is a full retrospective adoption approach which requires previously reported periods to be restated. The impact of this adoption on the Operating Partnership's previously reported period is as follows:
The following table summarizes the assets and liabilities of the Other Real Estate Partnerships included in our consolidated balance sheets:
In April 2015, the FASB issued ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs" ("ASU 2015-03"), which amends the current presentation of debt issuance costs in the financial statements. ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, instead of as an asset. The recognition and measurement guidance for debt issuance costs are not affected by this update. Debt issuance costs related to revolving credit agreements are not within the scope of this new guidance. In August 2015, the FASB issued ASU No. 2015-15, "Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements" ("ASU 2015-15"), which expands upon ASU 2015-03. ASU 2015-15 states that given the absence of authoritative guidance within 2015-03, the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset for revolving credit agreements and subsequently amortizing the deferred issuance costs ratably over the term of the arrangement, regardless of whether there are any outstanding borrowings on the revolving credit agreement. The amendments are to be applied retrospectively and are effective for interim and annual periods beginning after December 15, 2015. The adoption of ASU 2015-03 and ASU 2015-15 are not expected to have a material impact on our results of operations, however, they will impact the Consolidated Balance Sheet presentation related to our debt issuance costs. In August 2014, the FASB issued ASU No. 2014-15, "Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern" ("ASU 2014-15"), which requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the annual period ended December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. The adoption of ASU 2014-15 is not expected to materially impact our consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). ASU 2014-09 requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those good or services. For the real estate industry, leasing transactions are not within the scope of the new standard. A majority of our tenant-related revenue is recognized pursuant to lease agreements. In July 2015, the FASB deferred the effective date of ASU 2014-09 by one year. As a result, ASU 2014-09 is effective for annual periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted for annual periods beginning after December 15, 2016. We are currently evaluating the impact of the adoption of ASU 2014-09 on our consolidated financial statements. |
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- Definition Limited Partnership Policy Policy Text Block No definition available.
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- Definition Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). No definition available.
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- Definition Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Entity's cash and cash equivalents accounting policy with respect to restricted balances. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for deferral and amortization of significant deferred charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for its derivative instruments and hedging activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for discontinued operations. Includes, but is not limited to, method of interest allocation to a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for the equity method of accounting for investments in common stock or other interests including unconsolidated subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. The accounting policy may include information such as: (1) initially recording an investment in the stock of an investee at cost; (2) adjusting the carrying amount of the investment to recognize the investor's share of the earnings or losses of the investee after the date of acquisition; and (3) adjustments to reflect the investor's share of changes in the investee's capital (dividends). This disclosure may also include a detailed description of the policy for determining the amount of equity method losses recognized after an investment has been reduced to zero as a result of previous losses, reasons for not using the equity method when the investor company owns 20 percent or more of the voting stock of the investee's company (including identification of the significant investee), reasons for using the equity method when the ownership percentage is less than 20 percent, and discussion of recognition of equity method losses when an investor's total investment in an investee includes, in addition to an investment in common stock, other investments such as preferred stock and loans to the investee. An entity also may describe how such investments are assessed for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for determining the fair value of financial instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. No definition available.
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- Definition Disclosure of accounting policy for reclassifications that affects the comparability of the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Disclosure of accounting policy for the timing and amount of revenue recognized on transfers of real estate, excluding retail land sales. The entity also may disclose its treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for segment reporting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Useful Lives of Depreciable Assets | Depreciation expense is computed using the straight-line method based on the following useful lives:
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Summary of Deferred Leasing Intangibles | Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:
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Future Amortization Expense Related to Deferred Leasing Intangibles | We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2015 as follows:
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New Accounting Pronouncement, Early Adoption | During the year ended ended December 31, 2015, the Operating Partnership elected early adoption of ASU 2015-02. The election is a full retrospective adoption approach which requires previously reported periods to be restated. The impact of this adoption on the Operating Partnership's previously reported period is as follows:
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Condensed Balance Sheet | The following table summarizes the assets and liabilities of the Other Real Estate Partnerships included in our consolidated balance sheets:
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- Definition Tabular disclosure which describes the periods of time which an entity anticipates to receive utility from its property, plant and equipment (that is, the periods of time over which an entity allocates the initial cost of its property, plant and equipment). No definition available.
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- References No definition available.
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- Definition Tabular disclosure of financial statement line items and the effect of the guidance on the financial statement line items if the entity elects early adoption of accounting guidance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. No definition available.
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Investment in Real Estate (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Acquisition Purchase Price Allocation | The purchase price of the industrial properties and land parcels acquired for the years ended December 31, 2015 and 2014, was allocated as follows:
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Summary Regarding Industrial Properties Included in Discontinued Operations | The following table discloses certain information regarding the industrial properties included in our discontinued operations for the years ended December 31, 2014 and 2013:
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- References No definition available.
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Indebtedness (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Information Regarding Indebtedness | The following table discloses certain information regarding our indebtedness:
(A) We entered into interest rate protection agreements, with an aggregate notional value of $460,000, to effectively convert the variable rate to a fixed rate. See Note 11. (B) The maturity date may be extended an additional year at our election, subject to certain restrictions. |
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Schedule of Maturities of Long-Term Debt | The following is a schedule of the stated maturities and scheduled principal payments of our indebtedness, exclusive of premiums and discounts, for the next five years as of December 31, and thereafter:
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Summary of Indebtedness at Estimated Fair Value | At December 31, 2015 and 2014, the fair value of our indebtedness was as follows:
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- References No definition available.
|
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. No definition available.
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. No definition available.
|
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common Stock and Units Outstanding | The following table is a roll-forward of the Company's shares of common stock outstanding and the Operating Partnership's Units outstanding, including unvested restricted shares/Units (see Note 10), for the three years ended December 31, 2015:
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Summary of Dividends/Distributions | The following table summarizes dividends/distributions accrued during the past three years:
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- Definition Tabular disclosure of the change in common stock outstanding. No definition available.
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- Definition Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Accumulated Other Comprehensive Loss (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the changes in accumulated other comprehensive loss by component for the Company for the years ended December 31, 2015 and 2014:
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Reclassification Out of Accumulated Other Comprehensive Income | The following table summarizes the reclassifications out of accumulated other comprehensive loss for both the Company and the Operating Partnership for the years ended December 31, 2015, 2014 and 2013:
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First Industrial L.P. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the changes in accumulated other comprehensive loss by component for the Operating Partnership for the years ended December 31, 2015 and 2014:
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- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). No definition available.
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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Earnings Per Share / Unit (EPS / EPU) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Computation of Basic and Diluted Earnings Per Share / Unit | The computation of basic and diluted EPS of the Company is presented below:
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Non-Participating Securities | The following table discloses the number of non-participating securities outstanding for the year ended December 31, 2013 that were excluded from the computation of diluted EPS and EPU:
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First Industrial L.P. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Computation of Basic and Diluted Earnings Per Share / Unit | The computation of basic and diluted EPU of the Operating Partnership is presented below:
|
X | ||||||||||
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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Income Taxes (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Components of Income Tax Benefit (Provision) | The components of income tax (provision) benefit for the years ended December 31, 2015, 2014 and 2013 are comprised of the following:
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Deferred Tax Assets (Liabilities) | Deferred income taxes represent the tax effect of the temporary differences between the book and tax basis of assets and liabilities. Deferred tax assets (liabilities) include the following as of December 31, 2015 and 2014:
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Effective Income Tax Rate Reconciliation | The income tax (provision) benefit pertaining to income from continuing operations of the taxable REIT subsidiaries differs from the amounts computed by applying the applicable federal statutory rate as follows for the years ended December 31, 2015, 2014 and 2013:
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Federal Income Tax Treatment of Share Distributions | For income tax purposes, distributions paid to the Company's common shareholders are classified as ordinary income, capital gain, return of capital or qualified dividends. For the years ended December 31, 2015, 2014 and 2013, the distributions per common share were classified as follows:
|
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- Definition For income tax purposes, distributions paid to common shareholders are classified as ordinary income, capital gain, return of capital or qualified dividends. No definition available.
|
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- References No definition available.
|
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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Future Rental Revenues (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||
Operating Leases, Future Minimum Payments Receivable [Abstract] | |||||||||||||||||||||||||||||||||||||
Minimum Lease Payments Receivable, Excluding Tenant Reimbursements of Expenses, Under Non-Cancelable Operating Leases | Our properties are leased to tenants under net and semi-net operating leases. Future minimum rental receipts, excluding tenant reimbursements of expenses, under non-cancelable operating leases executed as of December 31, 2015 are approximately as follows:
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Benefit Plans (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Share-based Payment Awards: Valuation Assumptions | As mentioned above, the fair values of the LTIP Unit Awards at issuance were determined by a lattice-binomial option-pricing model based on Monte Carlo simulations using the following assumptions:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Restricted Stock/Unit Award and LTIP Unit Award Transactions | Restricted stock or restricted Unit award and LTIP Unit Award transactions for the year ended December 31, 2015 are summarized as follows:
|
X | ||||||||||
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. No definition available.
|
X | ||||||||||
- References No definition available.
|
Derivatives (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements on Recurring Basis | The following table sets forth our financial liabilities related to the 2014 and 2015 Swaps, which are included in Accounts Payable, Accrued Expenses and Other Liabilities on the accompanying consolidated balance sheets and are accounted for at fair value on a recurring basis as of December 31, 2015:
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments and Contingencies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||
Future Minimum Rental Payments Under the Terms of All Non-Cancelable Ground and Operating Leases | Future minimum rental payments under the terms of all non-cancelable ground and operating leases under which we are the lessee as of December 31, 2015 are as follows:
________________
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Quarterly Financial Information (unaudited) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quarterly Financial Information (unaudited) | The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
|
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First Industrial L.P. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quarterly Financial Information (unaudited) | The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
|
X | ||||||||||
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Number of industrial properties sold. No definition available.
|
X | ||||||||||
- Definition The number of joint ventures that the entity owns a non-controlling interest in as of the balance sheet date. No definition available.
|
X | ||||||||||
- Definition Number of limited partnerships. No definition available.
|
X | ||||||||||
- Definition Organization And Formation Of Company [Line Items] No definition available.
|
X | ||||||||||
- Definition Ownership interest in general partner. No definition available.
|
X | ||||||||||
- Definition Square footage of industrial properties sold. No definition available.
|
X | ||||||||||
- Definition Area of a real estate property. No definition available.
|
X | ||||||||||
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage investment held by the managing member or general partner of the limited liability company (LLC) or limited partnership (LP). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of units or percentage investment held by one or more members or limited partners of the LLC or LP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. No definition available.
|
X | ||||||||||
- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. No definition available.
|
X | ||||||||||
- Definition The number of real estate properties owned as of the balance sheet date. No definition available.
|
X | ||||||||||
- Definition The number of states the entity operates in as of the balance sheet date. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Deferred rent receivable allowance amount. No definition available.
|
X | ||||||||||
- Definition The minimum stockholder distribution requirement in order to maintain REIT status. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition For an unclassified balance sheet, the accumulated amortization, as of the reporting date, representing the periodic charge to earnings of deferred costs which are associated with debt obligations existing as of the end of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount as of the balance sheet date by which cumulative distributions to shareholders (or partners) exceed retained earnings (or accumulated earnings). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition An element designated to encapsulate any additional information related to cash and cash equivalents not otherwise addressed by the existing taxonomy. Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition The number of units or percentage investment held by one or more members or limited partners of the LLC or LP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Summary of Significant Accounting Policies - Useful Lives of Depreciable Assets (Detail) |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Buildings and Improvements | Minimum | |
Property, Plant and Equipment [Line Items] | |
Property, plant and equipment, useful life | 7 years |
Buildings and Improvements | Maximum | |
Property, Plant and Equipment [Line Items] | |
Property, plant and equipment, useful life | 50 years |
Land Improvements | Minimum | |
Property, Plant and Equipment [Line Items] | |
Property, plant and equipment, useful life | 5 years |
Land Improvements | Maximum | |
Property, Plant and Equipment [Line Items] | |
Property, plant and equipment, useful life | 20 years |
Furniture, Fixtures and Equipment | Minimum | |
Property, Plant and Equipment [Line Items] | |
Property, plant and equipment, useful life | 4 years |
Furniture, Fixtures and Equipment | Maximum | |
Property, Plant and Equipment [Line Items] | |
Property, plant and equipment, useful life | 10 years |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Amount after amortization of leases acquired as part of a real property acquisition at below market lease rate with a finite life. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Summary of Significant Accounting Policies - Deferred Leasing Intangibles Included in Total Assets and Liabilities (Phantoms) (Details) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
---|---|---|
Accounting Policies [Abstract] | ||
Total accumulated amortization of deferred leasing intangibles included in total assets | $ 26,432 | $ 28,808 |
Total accumulated amortization of deferred leasing intangibles included in total liabilities | $ 8,911 | $ 8,735 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of accumulated amortization of leases acquired as part of a real property acquisition at below market lease rate with a finite life. No definition available.
|
X | ||||||||||
- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Summary of Significant Accounting Policies - Net Amortization Expense Related to Deferred Leasing Intangibles (Detail) $ in Thousands |
Dec. 31, 2015
USD ($)
|
---|---|
In-Place Leases and Tenant Relationships | |
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract] | |
2016 | $ 5,922 |
2017 | 5,263 |
2018 | 3,652 |
2019 | 2,951 |
2020 | 2,465 |
Above and Below Market Leases | |
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract] | |
2016 | 1,106 |
2017 | 1,049 |
2018 | 877 |
2019 | 836 |
2020 | $ 757 |
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Summary of Significant Accounting Policies - Summary of New Accounting Pronouncements (Details) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
---|---|---|
New Accounting Pronouncement, Early Adoption [Line Items] | ||
Total Assets | $ 2,718,051 | $ 2,581,995 |
Total Liabilities | 1,602,916 | 1,491,168 |
First Industrial L.P. | ||
New Accounting Pronouncement, Early Adoption [Line Items] | ||
Total Assets | 2,728,766 | 2,592,708 |
Total Liabilities | 1,602,916 | 1,491,118 |
Noncontrolling Interest | $ 1,096 | 1,080 |
Previously Reported | First Industrial L.P. | ||
New Accounting Pronouncement, Early Adoption [Line Items] | ||
Total Assets | 2,514,246 | |
Total Liabilities | 1,413,736 | |
Noncontrolling Interest | 0 | |
Restatement Adjustment | First Industrial L.P. | ||
New Accounting Pronouncement, Early Adoption [Line Items] | ||
Total Assets | 78,462 | |
Total Liabilities | 77,382 | |
Noncontrolling Interest | $ 1,080 |
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Total of all Partners' Capital (deficit) items which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Summary of Significant Accounting Policies - Condensed Balance Sheet (Details) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
---|---|---|
Assets: | ||
Real Estate Investment Property, Net | $ 2,502,638 | $ 2,396,391 |
Total Assets | 2,718,051 | 2,581,995 |
LIABILITIES AND EQUITY | ||
Mortgage Loans Payable, Net | 564,955 | 599,985 |
Total Liabilities and Equity/Partners' Capital | 2,718,051 | 2,581,995 |
Other Real Estate Partnership | ||
Assets: | ||
Real Estate Investment Property, Net | 306,866 | 278,720 |
Other Assets | 20,478 | 21,078 |
Total Assets | 327,344 | 299,798 |
LIABILITIES AND EQUITY | ||
Mortgage Loans Payable, Net | 77,445 | 81,231 |
Other Liabilities, Net | 43,103 | 10,656 |
Partners' Capital | 206,796 | 207,911 |
Total Liabilities and Equity/Partners' Capital | $ 327,344 | $ 299,798 |
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The aggregate carrying amount, as of the balance sheet date, of liabilities not separately disclosed in the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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X | ||||||||||
- Definition Number of industrial properties sold. No definition available.
|
X | ||||||||||
- Definition The number of sold industrial properties included in discontinued operations. No definition available.
|
X | ||||||||||
- Definition The number of days after the acquisition date to complete the Section 1031 exchange and take the title of the to-be-exchanged industrial properties to be able to realize the available tax deferral under the Section 1031 exchange. No definition available.
|
X | ||||||||||
- Definition Number of industrial properties held for sale. No definition available.
|
X | ||||||||||
- Definition Number of Industrial Properties With Wholly Owned Equity Interest No definition available.
|
X | ||||||||||
- Definition Real Estate [Line Items] No definition available.
|
X | ||||||||||
- Definition Square footage of industrial properties sold. No definition available.
|
X | ||||||||||
- Definition Square Footage of Real Estate Properties Acquired. No definition available.
|
X | ||||||||||
- Definition Square footage of industrial properties held for sale. No definition available.
|
X | ||||||||||
- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The number of businesses acquired by the entity during the period. No definition available.
|
X | ||||||||||
- Definition The cash inflow from sale of buildings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of facility held for productive use including, but not limited to, office, production, storage and distribution facilities, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of real estate acquired, at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Investment in Real Estate - Summary Regarding Industrial Properties Included in Discontinued Operations (Detail) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||
---|---|---|---|---|---|---|---|
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Real Estate [Abstract] | |||||||
Total Revenues | $ 7,007 | $ 20,727 | |||||
Property Expenses | (2,784) | (8,126) | |||||
Impairment of Real Estate | 0 | (2,652) | |||||
Depreciation and Amortization | (2,388) | (7,727) | |||||
Gain on Sale of Real Estate | $ 0 | 25,988 | 34,344 | ||||
Income from Discontinued Operations | $ 11,246 | $ 13,389 | $ 1,011 | $ 1,095 | $ 0 | $ 27,823 | $ 36,566 |
X | ||||||||||
- Definition Amount before tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of depreciation and amortization expense attributable to disposal group, including, but not limited to, discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of operating expense attributable to disposal group, including, but not limited to, discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of other expense attributable to disposal group, including, but not limited to, discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of revenue attributable to disposal group, including, but not limited to, discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Secured debt gross. No definition available.
|
X | ||||||||||
- Definition Unsecured debt gross. No definition available.
|
X | ||||||||||
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition When presenting a range of interest rates, the highest effective rate for funds borrowed under the debt agreement as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition When presenting a range of interest rates, the lowest effective rate for funds borrowed under the debt agreement as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Maximum contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Minimum contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Latest date the outstanding debt instruments are required to be repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Earliest date the outstanding debt instruments are required to be repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of debt premium that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The effective interest rate at the end of the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Including both current and noncurrent portions, carrying amount as of the balance sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of uncollateralized debt obligations (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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- Details
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- Details
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- Details
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- Details
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X | ||||||||||
- Details
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- Details
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X | ||||||||||
- Details
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Indebtedness - Additional Information (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Sep. 11, 2015 |
Jan. 29, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
Mar. 10, 2015 |
Jul. 19, 2013 |
|
Debt Disclosure [Line Items] | |||||||
Loss from Retirement of Debt | $ 0 | $ (655) | $ (6,637) | ||||
Line of Credit Facility, Current Borrowing Capacity | $ 625,000 | ||||||
2014 Notes | |||||||
Debt Disclosure [Line Items] | |||||||
Extinguishment of Debt, Amount | 81,794 | ||||||
2014 Unsecured Term Loan | |||||||
Debt Disclosure [Line Items] | |||||||
Unsecured Term Loan, Term | 7 years | ||||||
Unsecured Term Loan, Face Amount | $ 200,000 | ||||||
Debt Instrument, Interest Rate Terms | LIBOR plus 170 basis points | ||||||
2015 Unsecured Term Loan | |||||||
Debt Disclosure [Line Items] | |||||||
Unsecured Term Loan, Term | 7 years | ||||||
Unsecured Term Loan, Face Amount | $ 260,000 | ||||||
Debt Instrument, Interest Rate Terms | LIBOR plus 160 basis points | ||||||
Mortgages | |||||||
Debt Disclosure [Line Items] | |||||||
Extinguishment of Debt, Amount | $ 22,910 | 65,558 | |||||
Loss from Retirement of Debt | 0 | $ 655 | |||||
Carrying value of industrial properties held under mortgage | 727,022 | ||||||
Unsecured Credit Facility | |||||||
Debt Disclosure [Line Items] | |||||||
Line of Credit Facility, Current Borrowing Capacity | $ 625,000 | ||||||
Line of credit facility, increase, additional borrowings | $ 900,000 | ||||||
Number of years of extension of line of credit facility at election | 1 year | ||||||
Line of credit facility, interest rate description | LIBOR plus 115 basis points | ||||||
Interest Rate Swap | |||||||
Debt Disclosure [Line Items] | |||||||
Swaps, Notional Amount | $ 460,000 |
X | ||||||||||
- Definition Debt Disclosure [Line Items] No definition available.
|
X | ||||||||||
- Definition Number of years of extension of line of credit facility at election. No definition available.
|
X | ||||||||||
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of assets pledged to secure a debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition Gross amount of debt extinguished. No definition available.
|
X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Description of the interest rate for the amounts borrowed under the credit facility, including the terms and the method for determining the interest rate (for example, fixed or variable, LIBOR plus a percentage, increasing rate, timing of interest rate resets, remarketing provisions). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Indebtedness - Schedule of Maturities of Long-Term Debt (Detail) $ in Thousands |
Dec. 31, 2015
USD ($)
|
---|---|
Debt Disclosure [Abstract] | |
2016 | $ 229,024 |
2017 | 168,723 |
2018 | 168,341 |
2019 | 128,923 |
2020 | 90,855 |
Thereafter | 656,627 |
Total | $ 1,442,493 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Indebtedness - Summary of Indebtedness at Estimated Fair Value (Detail) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
||
---|---|---|---|---|
Debt Disclosure [Line Items] | ||||
Mortgage Loans Payable, Net, Carrying Amount | $ 564,955 | $ 599,985 | ||
Senior Unsecured Debt, Net, Carrying Amount | 364,956 | 364,861 | ||
Unsecured Term Loan, Carrying Amount | 460,000 | 200,000 | ||
Unsecured Credit Facility, Carrying Amount | 52,500 | 185,000 | ||
Total, Carrying Amount | 1,442,411 | 1,349,846 | ||
Total, Fair Value | 1,495,687 | 1,422,460 | ||
Mortgages | ||||
Debt Disclosure [Line Items] | ||||
Mortgage Loans Payable, Net, Carrying Amount | 564,955 | 599,985 | ||
Mortgage Loans Payable, Net, Fair Value | 595,964 | 640,818 | ||
Senior Unsecured Notes | ||||
Debt Disclosure [Line Items] | ||||
Senior Unsecured Debt, Net, Carrying Amount | 364,956 | 364,861 | ||
Senior Unsecured Debt, Net, Fair Value | 386,253 | 395,320 | ||
Unsecured Term Loan | ||||
Debt Disclosure [Line Items] | ||||
Unsecured Term Loan, Carrying Amount | 460,000 | 200,000 | ||
Unsecured Term Loan, Fair Value | 460,970 | 200,575 | ||
Unsecured Credit Facility | ||||
Debt Disclosure [Line Items] | ||||
Unsecured Credit Facility, Carrying Amount | [1] | 52,500 | 185,000 | |
Unsecured Credit Facility, Fair Value | $ 52,500 | $ 185,747 | ||
|
X | ||||||||||
- Definition Debt Disclosure [Line Items] No definition available.
|
X | ||||||||||
- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Fair value portion of contractual arrangement with a lender under which borrowings can be made up to a specific amount at any point in time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Fair value portion of contractual obligation to pay money on demand or on fixed or determinable dates. No definition available.
|
X | ||||||||||
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
|
X | ||||||||||
- Definition Fair value portion of notes payable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Including both current and noncurrent portions, carrying amount as of the balance sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of uncollateralized debt obligations (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands |
2 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 06, 2014 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Sep. 30, 2013 |
Jun. 30, 2013 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
Mar. 13, 2014 |
Apr. 11, 2013 |
Dec. 21, 2012 |
Mar. 01, 2012 |
Aug. 21, 2006 |
Jan. 13, 2006 |
May. 27, 2004 |
|
Class of Stock [Line Items] | |||||||||||||||||
Operating Partnership, aggregate cash payment | $ 95,285 | ||||||||||||||||
Operating Partnership, shares | 4,305,707 | ||||||||||||||||
Cost associated with the redemptions | $ 0 | $ 0 | $ 0 | $ 1,462 | $ 0 | $ 1,462 | $ 5,667 | ||||||||||
Preferred stock shares authorized | 10,000,000 | ||||||||||||||||
Preferred stock outstanding | 0 | ||||||||||||||||
Conversion of Units / Limited Partner Units to Common Stock / General Partner Units | $ 0 | 0 | 0 | ||||||||||||||
Net proceeds from the issuance of common stock | $ 0 | 0 | 174,081 | ||||||||||||||
Series F Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Depositary Shares issued | 50,000 | ||||||||||||||||
Depositary Share Percentage Per Share | 1.00% | ||||||||||||||||
Dividend rate per share | 6.275% | 6.236% | |||||||||||||||
Par value per share | $ 0.01 | ||||||||||||||||
Initial offering price per depository share | 1,000.00 | ||||||||||||||||
Redemption price per share | $ 1,000.00 | ||||||||||||||||
Aggregate redemption price | $ 50,000 | ||||||||||||||||
Dividend per Depositary share | $ 11.3299 | ||||||||||||||||
Total dividends, Depositary Shares | $ 566 | ||||||||||||||||
Cost associated with the redemptions | 949 | ||||||||||||||||
Derivative, Basis Spread on Variable Rate | 2.375% | ||||||||||||||||
Number Of Years Of Treasury Rate One | 30 years | ||||||||||||||||
Number Of Years Of Treasury Rate Two | 10 years | ||||||||||||||||
LIBOR rate | 3-month LIBOR | ||||||||||||||||
Series G Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Depositary Shares issued | 25,000 | ||||||||||||||||
Depositary Share Percentage Per Share | 1.00% | ||||||||||||||||
Dividend rate per share | 7.236% | ||||||||||||||||
Par value per share | $ 0.01 | ||||||||||||||||
Initial offering price per depository share | 1,000.00 | ||||||||||||||||
Redemption price per share | $ 1,000.00 | ||||||||||||||||
Aggregate redemption price | $ 25,000 | ||||||||||||||||
Dividend per Depositary share | $ 36.18 | ||||||||||||||||
Total dividends, Depositary Shares | $ 905 | ||||||||||||||||
Cost associated with the redemptions | $ 513 | ||||||||||||||||
Series J Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Depositary Shares issued | 6,000,000 | ||||||||||||||||
Depositary Share Percentage Per Share | 0.01% | ||||||||||||||||
Dividend rate per share | 7.25% | ||||||||||||||||
Par value per share | $ 0.01 | ||||||||||||||||
Initial offering price per depository share | 25.00 | ||||||||||||||||
Redemption price per share | $ 25.00 | ||||||||||||||||
Aggregate redemption price | $ 150,000 | ||||||||||||||||
Dividend per Depositary share | $ 0.055382 | ||||||||||||||||
Total dividends, Depositary Shares | $ 221 | ||||||||||||||||
Cost associated with the redemptions | 3,546 | ||||||||||||||||
Depositary Shares redeemed | 4,000,000 | 2,000,000 | |||||||||||||||
Series K Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Depositary Shares issued | 2,000,000 | ||||||||||||||||
Depositary Share Percentage Per Share | 0.01% | ||||||||||||||||
Dividend rate per share | 7.25% | ||||||||||||||||
Par value per share | $ 0.01 | ||||||||||||||||
Initial offering price per depository share | 25.00 | ||||||||||||||||
Redemption price per share | $ 25.00 | ||||||||||||||||
Aggregate redemption price | $ 50,000 | ||||||||||||||||
Dividend per Depositary share | $ 0.090625 | ||||||||||||||||
Total dividends, Depositary Shares | $ 181 | ||||||||||||||||
Cost associated with the redemptions | $ 2,121 | ||||||||||||||||
Common Stock | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Shares of common stock issued | 8,400,000 | ||||||||||||||||
Net proceeds from the issuance of common stock | $ 132,050 | ||||||||||||||||
Convertible Common Stock | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Units converted to common stock | 68,930 | 222,676 | 105,028 | ||||||||||||||
Conversion of Units / Limited Partner Units to Common Stock / General Partner Units | $ 673 | $ 2,155 | $ 996 | ||||||||||||||
ATM | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Shares of common stock issued | 2,315,704 | ||||||||||||||||
Net proceeds from the issuance of common stock | $ 41,735 | ||||||||||||||||
Shares of company stock issuable under an at-the-market offering | 13,300,000 | 12,500,000 | |||||||||||||||
Aggregate gross sale proceeds | $ 200,000 | $ 125,000 | |||||||||||||||
First Industrial L.P. | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Cost associated with the redemptions | $ 0 | $ 0 | $ 0 | $ 1,462 | 0 | 1,462 | 5,667 | ||||||||||
Conversion of Units / Limited Partner Units to Common Stock / General Partner Units | 0 | 0 | 0 | ||||||||||||||
Net proceeds from the issuance of common stock | $ 0 | $ 0 | $ 174,081 | ||||||||||||||
First Industrial L.P. | Series F Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Dividend rate per share | 6.236% | ||||||||||||||||
First Industrial L.P. | Series G Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Dividend rate per share | 7.236% | ||||||||||||||||
First Industrial L.P. | Series J Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Dividend rate per share | 7.25% | ||||||||||||||||
First Industrial L.P. | Series K Preferred Stock/Units | |||||||||||||||||
Class of Stock [Line Items] | |||||||||||||||||
Dividend rate per share | 7.25% |
X | ||||||||||
- Definition The aggregate offering price of the distribution agreement for the at-the-market offering. No definition available.
|
X | ||||||||||
- Definition Percentage per depositary share No definition available.
|
X | ||||||||||
- Definition Payment In Cash For Redemption Of Operating Partnership Units No definition available.
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X | ||||||||||
- Definition Incremental Common Shares Attributable To Conversion Of Operating Partnership Units No definition available.
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X | ||||||||||
- Definition The offering price per depositary share of the series of preferred stock. No definition available.
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X | ||||||||||
- Definition One of three rates for which the highest of the three rates is the adjustable component of the dividend rate which is added to the fixed component to determine the overall dividend rate. No definition available.
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X | ||||||||||
- Definition One of three rates for which the highest of the three rates is the adjustable component of the dividend rate which is added to the fixed component to determine the overall dividend rate. No definition available.
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X | ||||||||||
- Definition Preferred Stock Redeemed Shares No definition available.
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X | ||||||||||
- Definition Saleable company common stock. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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X | ||||||||||
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. No definition available.
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X | ||||||||||
- Definition The percentage points added to the reference rate to compute the variable rate on the interest rate derivative. No definition available.
|
X | ||||||||||
- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The percentage rate used to calculate dividend payments on preferred stock. No definition available.
|
X | ||||||||||
- Definition Aggregate dividends paid during the period for each share of preferred stock outstanding. No definition available.
|
X | ||||||||||
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The redemption (or callable) amount of currently redeemable preferred stock. Includes amounts representing dividends not currently declared or paid but which will be payable under the redemption features or for which ultimate payment is solely within the control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
|
X | ||||||||||
- Definition The number of shares issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Value of stock issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Common Stock and Units Outstanding (Detail) - shares |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Class of Stock [Line Items] | |||
Common Stock/Units, Outstanding, Beginning Balance | 110,600,866 | ||
Issuance of Restricted Stock Shares/Units | 498,792 | ||
Common Stock/Units, Outstanding, Ending Balance | 111,027,225 | 110,600,866 | |
Common Stock / Operating Partnership Units | |||
Class of Stock [Line Items] | |||
Common Stock/Units, Outstanding, Beginning Balance | 110,600,866 | 109,980,850 | 98,767,913 |
Issuance of Common Stock/Units, Including Vesting of Restricted Stock Units | 224,990 | 219,695 | 10,853,693 |
Issuance of Restricted Stock Shares/Units | 234,360 | 319,055 | 284,461 |
Repurchase and Retirement of Restricted Stock Shares/Units | (101,921) | (141,410) | (30,245) |
Conversion of Operating Partnership Units | 68,930 | 222,676 | 105,028 |
Common Stock/Units, Outstanding, Ending Balance | 111,027,225 | 110,600,866 | 109,980,850 |
First Industrial L.P. | Common Stock / Operating Partnership Units | |||
Class of Stock [Line Items] | |||
Common Stock/Units, Outstanding, Beginning Balance | 114,975,503 | 114,578,163 | 103,470,254 |
Issuance of Common Stock/Units, Including Vesting of Restricted Stock Units | 224,990 | 219,695 | 10,853,693 |
Issuance of Restricted Stock Shares/Units | 234,360 | 319,055 | 284,461 |
Repurchase and Retirement of Restricted Stock Shares/Units | (101,921) | (141,410) | (30,245) |
Conversion of Operating Partnership Units | 0 | 0 | 0 |
Common Stock/Units, Outstanding, Ending Balance | 115,332,932 | 114,975,503 | 114,578,163 |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For net-share settlement of share-based awards when the employer settles employees' income tax withholding obligations, this element represents the number of shares the employees use to repay the employer. No definition available.
|
X | ||||||||||
- Definition The number of shares issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
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X | ||||||||||
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Summary of Dividends/Distributions (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|||||
Class of Stock [Line Items] | |||||||
Total Common Stock Dividend / Unit Distribution | $ 59,014 | $ 47,263 | $ 38,862 | ||||
Total Preferred Dividend / Distribution | 1,019 | 8,733 | |||||
Common Stock / Operating Partnership Units | |||||||
Class of Stock [Line Items] | |||||||
Total Common Stock Dividend / Unit Distribution | $ 59,014 | 47,263 | 38,862 | ||||
Series F Preferred Stock/Units | |||||||
Class of Stock [Line Items] | |||||||
Total Preferred Dividend / Distribution | 566 | [1] | 2,896 | ||||
Series G Preferred Stock/Units | |||||||
Class of Stock [Line Items] | |||||||
Total Preferred Dividend / Distribution | $ 453 | [1] | 1,809 | ||||
Series J Preferred Stock/Units | |||||||
Class of Stock [Line Items] | |||||||
Total Preferred Dividend / Distribution | [1] | 2,034 | |||||
Series K Preferred Stock/Units | |||||||
Class of Stock [Line Items] | |||||||
Total Preferred Dividend / Distribution | [1] | $ 1,994 | |||||
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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Accumulated Other Comprehensive Loss (Changes in AOCI) (Details) - USD ($) $ in Thousands |
12 Months Ended | |
---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
|
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | $ (13,867) | $ (3,265) |
Other Comprehensive Loss Before Reclassifications | (14,843) | (15,951) |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 19,043 | 5,349 |
Net Current Period Other Comprehensive Income (Loss) | 4,200 | (10,602) |
Balance | (9,667) | (13,867) |
Interest Rate Protection Agreements | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | (14,402) | (3,481) |
Other Comprehensive Loss Before Reclassifications | (14,684) | (16,270) |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 19,043 | 5,349 |
Net Current Period Other Comprehensive Income (Loss) | 4,359 | (10,921) |
Balance | (10,043) | (14,402) |
Foreign Currency Translation Adjustment | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | (15) | 78 |
Other Comprehensive Loss Before Reclassifications | 15 | (93) |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 0 | 0 |
Net Current Period Other Comprehensive Income (Loss) | 15 | (93) |
Balance | 0 | (15) |
Comprehensive Income (Loss) Attributable to Noncontrolling Interest | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | 550 | 138 |
Other Comprehensive Loss Before Reclassifications | (174) | 412 |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 0 | 0 |
Net Current Period Other Comprehensive Income (Loss) | (174) | 412 |
Balance | 376 | 550 |
First Industrial L.P. | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | (14,376) | (3,362) |
Other Comprehensive Loss Before Reclassifications | (14,710) | (16,363) |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 19,043 | 5,349 |
Net Current Period Other Comprehensive Income (Loss) | 4,333 | (11,014) |
Balance | (10,043) | (14,376) |
First Industrial L.P. | Interest Rate Protection Agreements | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | (14,402) | (3,481) |
Other Comprehensive Loss Before Reclassifications | (14,684) | (16,270) |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 19,043 | 5,349 |
Net Current Period Other Comprehensive Income (Loss) | 4,359 | (10,921) |
Balance | (10,043) | (14,402) |
First Industrial L.P. | Foreign Currency Translation Adjustment | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Balance | 26 | 119 |
Other Comprehensive Loss Before Reclassifications | (26) | (93) |
Amounts Reclassified from Accumulated Other Comprehensive Loss | 0 | 0 |
Net Current Period Other Comprehensive Income (Loss) | (26) | (93) |
Balance | $ 0 | $ 26 |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax of reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
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X | ||||||||||
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Accumulated Other Comprehensive Loss (Amounts Reclassified from AOCI) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Settlement Loss and Mark-to-Market Gain on Interest Rate Protection Agreements | $ (11,546) | $ 0 | $ 52 |
Interest Expense | 67,424 | 72,178 | 73,558 |
Loss from Retirement of Debt | 0 | (655) | (6,637) |
Total | (33,162) | (73,904) | (79,914) |
Reclassification Out Of Accumulated Other Comprehensive Income | Interest Rate Protection Agreements | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Total | 19,043 | 5,349 | 3,527 |
Interest Rate Swap | Reclassification Out Of Accumulated Other Comprehensive Income | Interest Rate Protection Agreements | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Settlement Loss and Mark-to-Market Gain on Interest Rate Protection Agreements | 12,990 | 0 | 0 |
Interest Expense | 5,529 | 3,991 | 0 |
Interest Rate Contract | Reclassification Out Of Accumulated Other Comprehensive Income | Interest Rate Protection Agreements | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Interest Expense | 524 | 1,358 | 2,411 |
Loss from Retirement of Debt | $ 0 | $ 0 | $ 1,116 |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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Accumulated Other Comprehensive Loss - Additional Information (Details) $ in Thousands |
12 Months Ended |
---|---|
Dec. 31, 2015
USD ($)
| |
Accumulated Other Comprehensive Loss [Abstract] | |
Amortization to be reclassified from OCI into income | $ 391 |
X | ||||||||||
- Definition Accumulated Other Comprehensive Loss [Abstract] No definition available.
|
X | ||||||||||
- Definition The estimated value of gains (losses), net anticipated to be transferred in the future from accumulated other comprehensive income into earnings. No definition available.
|
Earnings Per Share / Unit (EPS / EPU) - Computation of Basic and Diluted EPS / EPU (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Numerator: | |||||||||||
Income from Continuing Operations | $ 76,705 | $ 23,182 | $ 4,862 | ||||||||
Noncontrolling Interest Allocable to Continuing Operations | (2,903) | (813) | 396 | ||||||||
Income from Continuing Operations Allocable to Participating Securities | $ (153) | $ (50) | $ (50) | $ (41) | $ (32) | $ (33) | $ (32) | $ (18) | (248) | (75) | 0 |
Income (Loss) from Continuing Operations Attributable to Common Stockholder / Unitholders | 73,554 | 22,294 | 5,258 | ||||||||
Preferred Dividends/Unit Distributions | 0 | 0 | 0 | (1,019) | 0 | (1,019) | (8,733) | ||||
Redemption of Preferred Stock/Units | 0 | 0 | 0 | (1,462) | 0 | (1,462) | (5,667) | ||||
Income (Loss) from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | 73,554 | 19,813 | (9,142) | ||||||||
Income from Discontinued Operations | 11,246 | 13,389 | 1,011 | 1,095 | 0 | 27,823 | 36,566 | ||||
Noncontrolling Interest Allocable to Discontinued Operations | 0 | (1,082) | (1,517) | ||||||||
Income from Discontinued Operations Allocable to Participating Securities | (47) | (57) | (11) | (14) | 0 | (100) | (162) | ||||
Income from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0 | 26,641 | 34,887 | ||||||||
Net Income (Loss) Available to Common Stockholders/Unitholders and Participating Securities | $ 43,500 | $ 13,917 | $ 14,012 | $ 2,373 | $ 18,781 | $ 21,327 | $ 4,039 | $ 2,482 | 73,802 | 46,629 | 25,907 |
Net Income Allocable to Participating Securities | (248) | (175) | (162) | ||||||||
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ 73,554 | $ 46,454 | $ 25,745 | ||||||||
Denominator: | |||||||||||
Weighted Average Shares/Units - Basic | 110,392 | 110,356 | 110,348 | 110,310 | 110,118 | 110,072 | 109,815 | 109,676 | 110,352 | 109,922 | 106,995 |
LTIP Unit Awards | 429 | 403 | 0 | ||||||||
Weighted Average Shares/Units - Diluted | 110,916 | 110,848 | 110,683 | 110,675 | 110,405 | 110,271 | 110,404 | 110,215 | 110,781 | 110,325 | 106,995 |
Basic Earnings Per Share/Unit: | |||||||||||
Income (Loss) from Continuing Operations Available to Common Stockholders / Unitholders | $ 0.07 | $ 0.07 | $ 0.03 | $ 0.01 | $ 0.67 | $ 0.18 | $ (0.09) | ||||
Income (Loss) from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders/Unitholders | $ 0.39 | $ 0.13 | $ 0.13 | $ 0.02 | 0.17 | 0.19 | 0.04 | 0.02 | 0.67 | 0.42 | 0.24 |
Diluted Earnings Per Share/Unit: | |||||||||||
Income (Loss) from Continuing Operations Available to Common Stockholders / Unitholders | 0.07 | 0.07 | 0.03 | 0.01 | 0.66 | 0.18 | (0.09) | ||||
Income (Loss) from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders / Unitholders | $ 0.39 | $ 0.13 | $ 0.13 | $ 0.02 | $ 0.17 | $ 0.19 | $ 0.04 | $ 0.02 | $ 0.66 | $ 0.42 | $ 0.24 |
First Industrial L.P. | |||||||||||
Numerator: | |||||||||||
Income from Continuing Operations | $ 76,820 | $ 23,434 | $ 4,908 | ||||||||
Noncontrolling Interest Allocable to Continuing Operations | (138) | (62) | (36) | ||||||||
Income from Continuing Operations Allocable to Participating Securities | $ (153) | $ (50) | $ (50) | $ (41) | $ (32) | $ (33) | $ (32) | $ (17) | (248) | (75) | 0 |
Income (Loss) from Continuing Operations Attributable to Common Stockholder / Unitholders | 76,434 | 23,297 | 4,872 | ||||||||
Preferred Dividends/Unit Distributions | 0 | 0 | 0 | (1,019) | 0 | (1,019) | (8,733) | ||||
Redemption of Preferred Stock/Units | 0 | 0 | 0 | (1,462) | 0 | (1,462) | (5,667) | ||||
Income (Loss) from Continuing Operations Available to Unitholders | 76,434 | 20,816 | (9,528) | ||||||||
Income from Discontinued Operations | 11,698 | 13,924 | 1,051 | 1,140 | 0 | 27,823 | 36,566 | ||||
Noncontrolling Interest Allocable to Discontinued Operations | 0 | (10) | (5) | ||||||||
Income from Discontinued Operations Allocable to Participating Securities | (47) | (57) | (11) | (14) | 0 | (100) | (162) | ||||
Income from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0 | 27,713 | 36,399 | ||||||||
Net Income (Loss) Available to Common Stockholders/Unitholders and Participating Securities | $ 45,143 | $ 14,438 | $ 14,644 | $ 2,457 | $ 19,662 | $ 22,218 | $ 4,227 | $ 2,597 | 76,682 | 48,704 | 27,033 |
Net Income Allocable to Participating Securities | (248) | (175) | (162) | ||||||||
Net Income Available to Unitholders | $ 76,434 | $ 48,529 | $ 26,871 | ||||||||
Denominator: | |||||||||||
Weighted Average Shares/Units - Basic | 114,722 | 114,720 | 114,712 | 114,681 | 114,512 | 114,512 | 114,278 | 114,245 | 114,709 | 114,388 | 111,646 |
LTIP Unit Awards | 429 | 403 | 0 | ||||||||
Weighted Average Shares/Units - Diluted | 115,246 | 115,212 | 115,047 | 115,046 | 114,799 | 114,711 | 114,867 | 114,784 | 115,138 | 114,791 | 111,646 |
Basic Earnings Per Share/Unit: | |||||||||||
Income (Loss) from Continuing Operations Available to Common Stockholders / Unitholders | $ 0.07 | $ 0.07 | $ 0.03 | $ 0.01 | $ 0.67 | $ 0.18 | $ (0.09) | ||||
Income (Loss) from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders/Unitholders | $ 0.39 | $ 0.13 | $ 0.13 | $ 0.02 | 0.17 | 0.19 | 0.04 | 0.02 | 0.67 | 0.42 | 0.24 |
Diluted Earnings Per Share/Unit: | |||||||||||
Income (Loss) from Continuing Operations Available to Common Stockholders / Unitholders | 0.07 | 0.07 | 0.03 | 0.01 | 0.66 | 0.18 | (0.09) | ||||
Income (Loss) from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders / Unitholders | $ 0.39 | $ 0.12 | $ 0.13 | $ 0.02 | $ 0.17 | $ 0.19 | $ 0.04 | $ 0.02 | $ 0.66 | $ 0.42 | $ 0.24 |
X | ||||||||||
- Definition Income (Loss) From Continuing Operations Allocable to Participating Securities No definition available.
|
X | ||||||||||
- Definition Income Loss From Continuing Operations Available To Common Stockholders No definition available.
|
X | ||||||||||
- Definition The income or loss from continuing operations available to unitholders. No definition available.
|
X | ||||||||||
- Definition Income (Loss) From Discontinued Operation Allocable To Participating Securities No definition available.
|
X | ||||||||||
- Definition Net Income Available To Common Shareholders Basic Excluding Participating Securities No definition available.
|
X | ||||||||||
- Definition Net Income Available to Unitholders Basic Excluding Participating Securities. No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of income (loss) from continuing operations attributable to the noncontrolling interest. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of earnings (loss) distributed and earnings (loss) allocated to participating securities for the basic earnings (loss) per share or per unit calculation under the two-class method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
|
X | ||||||||||
- Definition The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Details
|
Earnings Per Share / Unit (EPS / EPU) - Additional Information (Detail) - shares |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
---|---|---|---|
Earnings Per Share [Abstract] | |||
Number Of Unvested Restricted Stock Awards Outstanding Included In Participating Securities | 387,947 | 463,774 | 488,861 |
X | ||||||||||
- Definition Number of unvested restricted stock awards outstanding included in participating securities. No definition available.
|
X | ||||||||||
- References No definition available.
|
Earnings Per Share / Unit (EPS / EPU) - Non-Participating Securities (Detail) |
12 Months Ended |
---|---|
Dec. 31, 2013
shares
| |
Restricted Stock | |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |
Number of Non-Participating Securities Outstanding | 73,400 |
LTIP Unit Awards | |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |
Number of Non-Participating Securities Outstanding | 718,960 |
X | ||||||||||
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Income Taxes - Components of Income Tax Benefit (Provision) (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Current: | |||
Federal | $ 68 | $ (51) | $ 231 |
State | (297) | (196) | (264) |
Deferred: | |||
State | 112 | 9 | 36 |
Income Tax Benefit (Provision), Continuing Operations | $ (117) | $ (238) | $ 3 |
X | ||||||||||
- Definition Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of other current and other deferred income tax expense (benefit) attributable to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes - Deferred Tax Assets (Liabilities) (Detail) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
---|---|---|
Income Tax Disclosure [Abstract] | ||
Impairment of Real Estate | $ 2,484 | $ 2,466 |
Foreign Net Operating Loss Carryforward | 0 | 585 |
Valuation Allowance | (3,437) | (4,224) |
Other | 1,021 | 1,251 |
Total Deferred Tax Assets, Net of Allowance | 68 | 78 |
Straight-line Rent | (79) | (90) |
Other | (1) | (112) |
Total Deferred Tax Liabilities | (80) | (202) |
Total Net Deferred Tax Liabilities | $ (12) | $ (124) |
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible foreign operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from estimated impairment losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, before jurisdictional netting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from tax deferred revenue or other income not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Income Taxes - Income Tax Benefit (Provision) Pertaining to Income from Continuing Operations and Gain on Sale of Real Estate (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Income Tax Disclosure [Abstract] | |||
Tax Benefit (Provision) at Federal Rate Related to Continuing Operations | $ 64 | $ (532) | $ 286 |
State Tax Provision, Net of Federal Benefit | (212) | (214) | (236) |
Non-deductible Permanent Items, Net | 10 | 1 | 21 |
IRS Audit Adjustment and Accrued Interest | 0 | 0 | 58 |
Change in Valuation Allowance | 787 | 1,133 | (388) |
Other | (766) | (626) | 262 |
Income Tax Benefit (Provision), Continuing Operations | $ (117) | $ (238) | $ 3 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The sum of the amounts of estimated penalties and interest recognized in the period arising from income tax examinations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to state and local income tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of other current and other deferred income tax expense (benefit) attributable to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes - Federal Income Tax Treatment of Share Distributions (Detail) - Common Stock - $ / shares |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Income Tax [Line Items] | |||
Ordinary Income | $ 0.2629 | $ 0.4412 | $ 0.3088 |
Unrecaptured Section 1250 Gain | 0.1241 | 0.0000 | 0.0000 |
Distributions Per Common Share | $ 0.3870 | $ 0.4412 | $ 0.3088 |
Ordinary Income as a Percentage of Distribution | 67.93% | 100.00% | 100.00% |
Unrecaptured Section 1250 Gain as a Percentage of Distribution | 32.07% | 0.00% | 0.00% |
Common Distributions Percentage | 100.00% | 100.00% | 100.00% |
X | ||||||||||
- Definition Common Distributions Percentage No definition available.
|
X | ||||||||||
- Definition Income Tax [Line Items] No definition available.
|
X | ||||||||||
- Definition Ordinary Income as percentage of distributions. No definition available.
|
X | ||||||||||
- Definition Ordinary income per share. No definition available.
|
X | ||||||||||
- Definition Unrecaptured section gain as percentage of distributions. No definition available.
|
X | ||||||||||
- Definition Unrecaptured section gain per share. No definition available.
|
X | ||||||||||
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Income Taxes - Additional Information (Detail) |
12 Months Ended |
---|---|
Dec. 31, 2013
$ / shares
| |
Series J Preferred Stock | |
Income Tax [Line Items] | |
Ordinary Income | $ 0.5085 |
Series K Preferred Stock | |
Income Tax [Line Items] | |
Ordinary Income | $ 0.9969 |
X | ||||||||||
- Definition Income Tax [Line Items] No definition available.
|
X | ||||||||||
- Definition Ordinary income per share. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Future Rental Revenues - Minimum Lease Payments Receivable, Excluding Tenant Reimbursements of Expenses, Under Non-Cancelable Operating Leases (Detail) $ in Thousands |
Dec. 31, 2015
USD ($)
|
---|---|
Operating Leases, Future Minimum Payments Receivable [Abstract] | |
2016 | $ 271,032 |
2017 | 242,844 |
2018 | 201,970 |
2019 | 160,133 |
2020 | 125,735 |
Thereafter | 369,030 |
Total | $ 1,370,744 |
X | ||||||||||
- Definition Future minimum rental payments in aggregate as of the balance sheet date under operating leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Future rental payments receivable within one year of the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Future rental payments receivable within the fifth year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Future rental payments receivable within the fourth year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Future rental payments receivable within the third year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Future rental payments receivable within the second year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Future minimum lease payments receivable under operating leases for periods greater than five years following the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares available under the Plan | 3,000,000 | ||
Restricted stock/Unit awards and LTIP Unit Awards | 498,792 | ||
Unrecognized compensation related to unvested restricted stock/Unit awards and LTIP Unit Awards | $ 5,432 | ||
Amortization related to restricted stock/Unit awards and LTIP Unit Awards | 7,177 | $ 7,605 | $ 6,202 |
Amortization capitalized in connection with development activities | $ 42 | 41 | 43 |
Weighted average period of unrecognized compensation expected to be recognized | 10 months 29 days | ||
Matching contributions in 401(k) / profit sharing plan | $ 471 | $ 387 | $ 300 |
LTIP Unit Awards | Minimum | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Vesting percentage of LTIP Unit Awards | 0.00% | ||
LTIP Unit Awards | Maximum | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Vesting percentage of LTIP Unit Awards | 100.00% | ||
Director | Restricted Stock/Unit | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Restricted stock/Unit awards and LTIP Unit Awards | 17,385 | 19,250 | |
Unrecognized compensation related to unvested restricted stock/Unit awards and LTIP Unit Awards | $ 350 | $ 350 | |
Vesting period of restricted stock/Unit awards | 1 year | ||
Management | Restricted Stock/Unit | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Restricted stock/Unit awards and LTIP Unit Awards | 216,975 | 299,805 | 284,461 |
Unrecognized compensation related to unvested restricted stock/Unit awards and LTIP Unit Awards | $ 4,708 | $ 5,413 | $ 4,719 |
Vesting period of restricted stock/Unit awards | 3 years | ||
Compensation expense recognized at date of grant | $ 1,352 | $ 1,451 | $ 1,008 |
Management | LTIP Unit Awards | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Restricted stock/Unit awards and LTIP Unit Awards | 264,432 | 718,960 | |
Unrecognized compensation related to unvested restricted stock/Unit awards and LTIP Unit Awards | $ 2,531 | $ 5,411 |
X | ||||||||||
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of payment into the fund established for purposes of making future disbursements to the individual in accordance with the terms and understanding of the deferred compensation arrangement. No definition available.
|
X | ||||||||||
- Definition Represents the compensation cost capitalized during the period arising from equity-based compensation arrangements (for example, shares of stock, units, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Additional share-based compensation cost recognized as a result of an occurrence of an event that accelerates its recognition. No definition available.
|
X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Percentage of vesting of share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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- Details
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- Details
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X | ||||||||||
- Details
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Benefit Plans - Valuation Assumptions (Details) - LTIP Unit Awards |
12 Months Ended | |
---|---|---|
Dec. 31, 2015 |
Dec. 31, 2013 |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected dividend yield | 1.99% | 2.22% |
Expected volatility - weighted average | 21.34% | 30.61% |
Expected term | 3 years | |
Minimum | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected volatility - range used | 20.43% | 24.28% |
Risk-free interest rate | 0.10% | 0.03% |
Expected term | 1 year | |
Maximum | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected volatility - range used | 21.99% | 34.66% |
Risk-free interest rate | 1.16% | 0.71% |
Expected term | 2 years 6 months |
X | ||||||||||
- Definition Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted average expected volatility of stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
|
Benefit Plans - Summary of Restricted Stock/Unit Award and LTIP Unit Award Transactions (Detail) |
12 Months Ended |
---|---|
Dec. 31, 2015
$ / shares
shares
| |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] | |
Outstanding, Beginning Balance, Awards | shares | 816,718 |
Issued, Awards | shares | 498,792 |
Forfeited, Awards | shares | (4,313) |
Vested, Awards | shares | (661,222) |
Outstanding, Ending Balance, Awards | shares | 649,975 |
Outstanding, Weighted Average Grant Date Fair Value, Beginning of Period | $ / shares | $ 12.68 |
Issued, Weighted Average Grant Date Fair Value | $ / shares | 15.21 |
Forfeited, Weighted Average Grant Date Fair Value | $ / shares | 13.68 |
Vested, Weighted Average Grant Date Fair Value | $ / shares | 11.87 |
Outstanding, Weighted Average Grant Date Fair Value, End of Period | $ / shares | $ 15.43 |
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Derivatives - Additional Information (Detail) $ in Thousands |
1 Months Ended | 12 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2015
USD ($)
|
Aug. 31, 2014
USD ($)
|
Jan. 31, 2014
USD ($)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2013
USD ($)
|
|
Derivative [Line Items] | ||||||
Mark-to-Market Gain on Interest Rate Protection Agreements | $ (11,546) | $ 0 | $ 52 | |||
2014 Swaps | ||||||
Derivative [Line Items] | ||||||
Swaps, Number of Instruments Held | 4 | |||||
Swaps, Notional Amount | $ 200,000 | |||||
Swaps, Average Fixed Interest Rate | 2.29% | |||||
LIBOR rate | one month LIBOR | |||||
2015 Swaps | ||||||
Derivative [Line Items] | ||||||
Swaps, Number of Instruments Held | 6 | |||||
Swaps, Notional Amount | $ 260,000 | |||||
Swaps, Average Fixed Interest Rate | 1.79% | |||||
LIBOR rate | one month LIBOR | |||||
Settled Swaps | ||||||
Derivative [Line Items] | ||||||
Swaps, Number of Instruments Held | 3 | |||||
Swaps, Notional Amount | $ 220,000 | |||||
LIBOR rate | three month LIBOR | |||||
Derivative, Cost of Hedge | $ 11,546 |
X | ||||||||||
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. No definition available.
|
X | ||||||||||
- Definition Average fixed interest rate related to the group of interest rate derivatives. No definition available.
|
X | ||||||||||
- Definition The premium (cost) of a hedge, expensed during the period. No definition available.
|
X | ||||||||||
- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition The number of derivative instruments of a particular group held by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Derivatives - Fair Value Measurements on Recurring Basis (Detail) $ in Thousands |
Dec. 31, 2015
USD ($)
|
---|---|
2014 Swaps | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | $ (7,380) |
2014 Swaps | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | 0 |
2014 Swaps | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | (7,380) |
2014 Swaps | Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3) | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | 0 |
2015 Swaps | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | (1,064) |
2015 Swaps | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | 0 |
2015 Swaps | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | (1,064) |
2015 Swaps | Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3) | |
Fair Value On Recurring Basis [Line Items] | |
Fair Value | $ 0 |
X | ||||||||||
- Definition Fair Value On Recurring Basis [Line Items] No definition available.
|
X | ||||||||||
- Definition Fair value of all liability derivatives designated as cash flow hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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- Details
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- Details
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- Details
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- Details
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- Details
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X | ||||||||||
- Details
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Related Party Transactions - Additional Information (Details) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
---|---|---|
Related Party Transactions [Abstract] | ||
Receivable balance due from a direct wholly-owned subsidiary | $ 10,714 | $ 10,767 |
X | ||||||||||
- Definition For an unclassified balance sheet, amount of receivables due from an entity that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Commitments and Contingencies - Additional Information (Detail) $ in Thousands, ft² in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015
USD ($)
ft²
Property
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2013
USD ($)
|
|
Commitments and Contingencies Disclosure [Abstract] | |||
Outstanding amount of letters of credit and performance bonds in the aggregate | $ 6,698 | ||
Number of industrial properties under construction | Property | 4 | ||
Gross leasable area (GLA) of industrial properties under construction | ft² | 1.4 | ||
Estimated total investment | $ 78,700 | ||
Estimated total investment remaining to be funded | 59,700 | ||
Operating and ground lease expense | $ 1,281 | $ 1,300 | $ 1,440 |
X | ||||||||||
- Definition Estimated Total Construction Costs of Development Projects. No definition available.
|
X | ||||||||||
- Definition Estimated construction cost to be funded. No definition available.
|
X | ||||||||||
- Definition Number Of Buildings Under Construction No definition available.
|
X | ||||||||||
- Definition Square Feet Under Development No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
|
X | ||||||||||
- Definition Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Commitments and Contingencies - Future Minimum Rental Payments Under Non-Cancelable Ground and Operating Leases (Detail) $ in Thousands |
Dec. 31, 2015
USD ($)
|
|||
---|---|---|---|---|
Commitments and Contingencies Disclosure [Abstract] | ||||
2016 | $ 1,993 | |||
2017 | 1,929 | |||
2018 | 1,180 | |||
2019 | 534 | |||
2020 | 533 | |||
Thereafter | 25,866 | |||
Total | $ 32,035 | [1] | ||
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Commitments and Contingencies - Future Minimum Rental Payments Under Non-Cancelable Ground and Operating Leases (Phantoms) (Detail) $ in Thousands |
Dec. 31, 2015
USD ($)
|
---|---|
Commitments and Contingencies Disclosure [Abstract] | |
Minimum sublease rentals due in the future under non-cancelable subleases | $ 3,861 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Contractually required future rental payments receivable on noncancelable subleasing arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Subsequent Events - Additional Information (Detail) $ in Thousands |
2 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Feb. 24, 2016
USD ($)
Property
|
Dec. 31, 2015
USD ($)
Property
|
Dec. 31, 2014
USD ($)
Property
|
Dec. 31, 2013
USD ($)
Property
|
|
Subsequent Event [Line Items] | ||||
Number of industrial properties acquired | Property | 8 | 8 | 2 | |
Purchase price of industrial properties acquired | $ 168,122 | $ 96,045 | $ 73,642 | |
Mortgage Loans Payable, Net | $ 564,955 | $ 599,985 | ||
Number of industrial properties sold | Property | 66 | 29 | 67 | |
Proceeds from sale of industrial properties | $ 158,429 | $ 102,596 | $ 144,628 | |
Subsequent Events | ||||
Subsequent Event [Line Items] | ||||
Number of industrial properties acquired | Property | 1 | |||
Purchase price of industrial properties acquired | $ 46,664 | |||
Number of industrial properties sold | Property | 2 | |||
Proceeds from sale of industrial properties | $ 9,614 | |||
Mortgages | ||||
Subsequent Event [Line Items] | ||||
Mortgage Loans Payable, Net | 564,955 | 599,985 | ||
Extinguishment of Debt, Amount | $ 22,910 | $ 65,558 | ||
Mortgages | Subsequent Events | ||||
Subsequent Event [Line Items] | ||||
Mortgage Loans Payable, Net | 4,513 | |||
2016 Notes | Subsequent Events | ||||
Subsequent Event [Line Items] | ||||
Extinguishment of Debt, Amount | $ 159,679 |
X | ||||||||||
- Definition Number of industrial properties sold. No definition available.
|
X | ||||||||||
- Definition Gross amount of debt extinguished. No definition available.
|
X | ||||||||||
- Definition The number of businesses acquired by the entity during the period. No definition available.
|
X | ||||||||||
- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes real estate acquired for use by the owner. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash inflow from sale of buildings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Quarterly Financial Information - Net Income Available and Basic and Diluted EPS/EPU (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Total Revenues | $ 93,207 | $ 92,157 | $ 90,456 | $ 89,942 | $ 90,333 | $ 86,361 | $ 84,044 | $ 83,861 | $ 365,762 | $ 344,599 | $ 318,454 |
Income from Continuing Operations, Net of Noncontrolling Interest | 7,535 | 7,938 | 3,028 | 3,868 | |||||||
Income from Discontinued Operations, Net of Noncontrolling Interest | 11,246 | 13,389 | 1,011 | 1,095 | 0 | 27,823 | 36,566 | ||||
Net Income (Loss) Attributable to Common Stockholders/Unitholders | 18,781 | 21,327 | 4,039 | 4,963 | 73,802 | 49,110 | 40,307 | ||||
Preferred Dividends/Unit Distributions | 0 | 0 | 0 | (1,019) | 0 | (1,019) | (8,733) | ||||
Redemption of Preferred Stock/Units | 0 | 0 | 0 | (1,462) | 0 | (1,462) | (5,667) | ||||
Net Income (Loss) Available to Common Stockholders/Unitholders and Participating Securities | 43,500 | 13,917 | 14,012 | 2,373 | 18,781 | 21,327 | 4,039 | 2,482 | 73,802 | 46,629 | 25,907 |
Income from Continuing Operations Allocable to Participating Securities | (153) | (50) | (50) | (41) | (32) | (33) | (32) | (18) | (248) | (75) | 0 |
Income from Discontinued Operations Allocable to Participating Securities | (47) | (57) | (11) | (14) | $ 0 | $ (100) | $ (162) | ||||
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders / Unitholders | $ 43,347 | $ 13,867 | $ 13,962 | $ 2,332 | $ 18,702 | $ 21,237 | $ 3,996 | $ 2,450 | |||
Basic Earnings Per Share/Unit: | |||||||||||
Income from Continuing Operations Available to Common Stockholders / Unitholders | $ 0.07 | $ 0.07 | $ 0.03 | $ 0.01 | $ 0.67 | $ 0.18 | $ (0.09) | ||||
Income from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders/Unitholders | $ 0.39 | $ 0.13 | $ 0.13 | $ 0.02 | 0.17 | 0.19 | 0.04 | 0.02 | 0.67 | 0.42 | 0.24 |
Diluted Earnings Per Share/Unit: | |||||||||||
Income from Continuing Operations Available to Common Stockholders / Unitholders | 0.07 | 0.07 | 0.03 | 0.01 | 0.66 | 0.18 | (0.09) | ||||
Income from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders / Unitholders | $ 0.39 | $ 0.13 | $ 0.13 | $ 0.02 | $ 0.17 | $ 0.19 | $ 0.04 | $ 0.02 | $ 0.66 | $ 0.42 | $ 0.24 |
Weighted Average Shares/Units - Basic | 110,392 | 110,356 | 110,348 | 110,310 | 110,118 | 110,072 | 109,815 | 109,676 | 110,352 | 109,922 | 106,995 |
Weighted Average Shares/Units - Diluted | 110,916 | 110,848 | 110,683 | 110,675 | 110,405 | 110,271 | 110,404 | 110,215 | 110,781 | 110,325 | 106,995 |
First Industrial L.P. | |||||||||||
Total Revenues | $ 93,207 | $ 92,157 | $ 90,456 | $ 89,942 | $ 90,333 | $ 86,361 | $ 84,044 | $ 83,861 | $ 365,762 | $ 344,599 | $ 318,454 |
Income from Continuing Operations, Net of Noncontrolling Interest | 7,964 | 8,294 | 3,176 | 3,938 | |||||||
Income from Discontinued Operations, Net of Noncontrolling Interest | 11,698 | 13,924 | 1,051 | 1,140 | 0 | 27,823 | 36,566 | ||||
Net Income (Loss) Attributable to Common Stockholders/Unitholders | 19,662 | 22,218 | 4,227 | 5,078 | 76,682 | 51,185 | 41,433 | ||||
Preferred Dividends/Unit Distributions | 0 | 0 | 0 | (1,019) | 0 | (1,019) | (8,733) | ||||
Redemption of Preferred Stock/Units | 0 | 0 | 0 | (1,462) | 0 | (1,462) | (5,667) | ||||
Net Income (Loss) Available to Common Stockholders/Unitholders and Participating Securities | 45,143 | 14,438 | 14,644 | 2,457 | 19,662 | 22,218 | 4,227 | 2,597 | 76,682 | 48,704 | 27,033 |
Income from Continuing Operations Allocable to Participating Securities | (153) | (50) | (50) | (41) | (32) | (33) | (32) | (17) | (248) | (75) | 0 |
Income from Discontinued Operations Allocable to Participating Securities | (47) | (57) | (11) | (14) | $ 0 | $ (100) | $ (162) | ||||
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders / Unitholders | $ 44,990 | $ 14,388 | $ 14,594 | $ 2,416 | $ 19,583 | $ 22,128 | $ 4,184 | $ 2,566 | |||
Basic Earnings Per Share/Unit: | |||||||||||
Income from Continuing Operations Available to Common Stockholders / Unitholders | $ 0.07 | $ 0.07 | $ 0.03 | $ 0.01 | $ 0.67 | $ 0.18 | $ (0.09) | ||||
Income from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders/Unitholders | $ 0.39 | $ 0.13 | $ 0.13 | $ 0.02 | 0.17 | 0.19 | 0.04 | 0.02 | 0.67 | 0.42 | 0.24 |
Diluted Earnings Per Share/Unit: | |||||||||||
Income from Continuing Operations Available to Common Stockholders / Unitholders | 0.07 | 0.07 | 0.03 | 0.01 | 0.66 | 0.18 | (0.09) | ||||
Income from Discontinued Operations Attributable to Common Stockholders / Unitholders | 0.10 | 0.12 | 0.01 | 0.01 | 0.00 | 0.24 | 0.33 | ||||
Net Income Available to Common Stockholders / Unitholders | $ 0.39 | $ 0.12 | $ 0.13 | $ 0.02 | $ 0.17 | $ 0.19 | $ 0.04 | $ 0.02 | $ 0.66 | $ 0.42 | $ 0.24 |
Weighted Average Shares/Units - Basic | 114,722 | 114,720 | 114,712 | 114,681 | 114,512 | 114,512 | 114,278 | 114,245 | 114,709 | 114,388 | 111,646 |
Weighted Average Shares/Units - Diluted | 115,246 | 115,212 | 115,047 | 115,046 | 114,799 | 114,711 | 114,867 | 114,784 | 115,138 | 114,791 | 111,646 |
X | ||||||||||
- Definition Income (Loss) From Continuing Operations Allocable to Participating Securities No definition available.
|
X | ||||||||||
- Definition Income (loss) from continuing operations, net of income tax benefit (provision) and noncontrolling interest. No definition available.
|
X | ||||||||||
- Definition Income (Loss) From Discontinued Operation Allocable To Participating Securities No definition available.
|
X | ||||||||||
- Definition Net income after adjustments for participating securities. No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
|
X | ||||||||||
- Definition The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate revenue from real estate operations during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
|
Schedule III: Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
Dec. 31, 2012 |
|
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | $ 564,955 | |||
Land | 764,387 | |||
Buildings and Improvements | 1,639,778 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 893,484 | |||
Land | 747,125 | |||
Buildings and Improvements | 2,550,524 | |||
Total | 3,297,649 | |||
Accumulated Depreciation 12/31/2015 | $ 792,501 | $ 786,978 | $ 748,044 | $ 735,593 |
1650 Highway 155 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | McDonough, GA | |||
Land | $ 788 | |||
Buildings and Improvements | 4,544 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (425) | |||
Land | 365 | |||
Buildings and Improvements | 4,542 | |||
Total | 4,907 | |||
Accumulated Depreciation 12/31/2015 | $ 2,790 | |||
1665 Dogwood [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Conyers, GA | |||
Land | $ 635 | |||
Buildings and Improvements | 3,662 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 978 | |||
Land | 635 | |||
Buildings and Improvements | 4,640 | |||
Total | 5,275 | |||
Accumulated Depreciation 12/31/2015 | $ 2,392 | |||
1715 Dogwood [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Conyers, GA | |||
Land | $ 288 | |||
Buildings and Improvements | 1,675 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 824 | |||
Land | 228 | |||
Buildings and Improvements | 2,559 | |||
Total | 2,787 | |||
Accumulated Depreciation 12/31/2015 | $ 1,098 | |||
11235 Harland Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Covington, GA | |||
Land | $ 125 | |||
Buildings and Improvements | 739 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 218 | |||
Land | 125 | |||
Buildings and Improvements | 957 | |||
Total | 1,082 | |||
Accumulated Depreciation 12/31/2015 | $ 472 | |||
4051 Southmeadow Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Land | $ 726 | |||
Buildings and Improvements | 4,130 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,472 | |||
Land | 726 | |||
Buildings and Improvements | 5,602 | |||
Total | 6,328 | |||
Accumulated Depreciation 12/31/2015 | $ 2,511 | |||
4071 Southmeadow Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Land | $ 750 | |||
Buildings and Improvements | 4,460 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,752 | |||
Land | 828 | |||
Buildings and Improvements | 6,134 | |||
Total | 6,962 | |||
Accumulated Depreciation 12/31/2015 | $ 3,110 | |||
4081 Southmeadow Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Land | $ 1,012 | |||
Buildings and Improvements | 5,918 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,873 | |||
Land | 1,157 | |||
Buildings and Improvements | 7,646 | |||
Total | 8,803 | |||
Accumulated Depreciation 12/31/2015 | $ 3,623 | |||
5570 Tulane Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Encumbrances | $ 2,240 | |||
Land | 527 | |||
Buildings and Improvements | 2,984 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,345 | |||
Land | 546 | |||
Buildings and Improvements | 4,310 | |||
Total | 4,856 | |||
Accumulated Depreciation 12/31/2015 | $ 1,840 | |||
955 Cobb Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kennesaw, GA | |||
Encumbrances | $ 2,828 | |||
Land | 780 | |||
Buildings and Improvements | 4,420 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 930 | |||
Land | 804 | |||
Buildings and Improvements | 5,326 | |||
Total | 6,130 | |||
Accumulated Depreciation 12/31/2015 | $ 2,272 | |||
1005 Sigman Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Conyers, GA | |||
Encumbrances | $ 1,909 | |||
Land | 566 | |||
Buildings and Improvements | 3,134 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 439 | |||
Land | 574 | |||
Buildings and Improvements | 3,565 | |||
Total | 4,139 | |||
Accumulated Depreciation 12/31/2015 | $ 1,414 | |||
2050 East Park Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Conyers, GA | |||
Land | $ 452 | |||
Buildings and Improvements | 2,504 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 472 | |||
Land | 459 | |||
Buildings and Improvements | 2,969 | |||
Total | 3,428 | |||
Accumulated Depreciation 12/31/2015 | $ 1,095 | |||
3060 South Park Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ellenwood, GA | |||
Land | $ 1,600 | |||
Buildings and Improvements | 12,464 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,010 | |||
Land | 1,604 | |||
Buildings and Improvements | 15,470 | |||
Total | 17,074 | |||
Accumulated Depreciation 12/31/2015 | $ 4,444 | |||
Greenwood Industrial Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | McDonough, GA | |||
Encumbrances | $ 4,235 | |||
Land | 1,550 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,632 | |||
Land | 1,550 | |||
Buildings and Improvements | 7,632 | |||
Total | 9,182 | |||
Accumulated Depreciation 12/31/2015 | $ 2,163 | |||
46 Kent Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Cartersville GA | |||
Encumbrances | $ 0 | |||
Land | 794 | |||
Buildings and Improvements | 2,252 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 85 | |||
Land | 798 | |||
Buildings and Improvements | 2,333 | |||
Total | 3,131 | |||
Accumulated Depreciation 12/31/2015 | $ 855 | |||
605 Stonehill Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Land | $ 485 | |||
Buildings and Improvements | 1,979 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (16) | |||
Land | 490 | |||
Buildings and Improvements | 1,958 | |||
Total | 2,448 | |||
Accumulated Depreciation 12/31/2015 | $ 1,817 | |||
5095 Phillip Lee Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Encumbrances | $ 3,821 | |||
Land | 735 | |||
Buildings and Improvements | 3,627 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 493 | |||
Land | 740 | |||
Buildings and Improvements | 4,115 | |||
Total | 4,855 | |||
Accumulated Depreciation 12/31/2015 | $ 2,632 | |||
6514 Warren Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Norcross, GA | |||
Land | $ 510 | |||
Buildings and Improvements | 1,250 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 103 | |||
Land | 513 | |||
Buildings and Improvements | 1,350 | |||
Total | 1,863 | |||
Accumulated Depreciation 12/31/2015 | $ 445 | |||
6544 Warren Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Norcross, GA | |||
Land | $ 711 | |||
Buildings and Improvements | 2,310 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 243 | |||
Land | 715 | |||
Buildings and Improvements | 2,549 | |||
Total | 3,264 | |||
Accumulated Depreciation 12/31/2015 | $ 965 | |||
5356 E. Ponce De Leon [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Stone Mountain, GA | |||
Land | $ 604 | |||
Buildings and Improvements | 3,888 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 128 | |||
Land | 610 | |||
Buildings and Improvements | 4,010 | |||
Total | 4,620 | |||
Accumulated Depreciation 12/31/2015 | $ 2,058 | |||
5390 E. Ponce De Leon [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Stone Mountain, GA | |||
Land | $ 397 | |||
Buildings and Improvements | 1,791 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 199 | |||
Land | 402 | |||
Buildings and Improvements | 1,985 | |||
Total | 2,387 | |||
Accumulated Depreciation 12/31/2015 | $ 823 | |||
195 & 197 Collins Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Athens, GA | |||
Land | $ 1,410 | |||
Buildings and Improvements | 5,344 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 539 | |||
Land | 989 | |||
Buildings and Improvements | 6,304 | |||
Total | 7,293 | |||
Accumulated Depreciation 12/31/2015 | $ 3,583 | |||
1755 Enterprise Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Buford, GA | |||
Encumbrances | $ 1,201 | |||
Land | 712 | |||
Buildings and Improvements | 2,118 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (227) | |||
Land | 716 | |||
Buildings and Improvements | 1,887 | |||
Total | 2,603 | |||
Accumulated Depreciation 12/31/2015 | $ 668 | |||
4555 Atwater Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Buford, GA | |||
Encumbrances | $ 2,150 | |||
Land | 881 | |||
Buildings and Improvements | 3,550 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 231 | |||
Land | 885 | |||
Buildings and Improvements | 3,777 | |||
Total | 4,662 | |||
Accumulated Depreciation 12/31/2015 | $ 1,198 | |||
80 Liberty Industrial Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | McDonough, GA | |||
Land | $ 756 | |||
Buildings and Improvements | 3,695 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (1,244) | |||
Land | 467 | |||
Buildings and Improvements | 2,740 | |||
Total | 3,207 | |||
Accumulated Depreciation 12/31/2015 | $ 1,027 | |||
596 Bonnie Valentine [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pendergrass, GA | |||
Land | $ 2,580 | |||
Buildings and Improvements | 21,730 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,711 | |||
Land | 2,594 | |||
Buildings and Improvements | 25,427 | |||
Total | 28,021 | |||
Accumulated Depreciation 12/31/2015 | $ 6,990 | |||
11415 Old Roswell Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Alpharetta, GA | |||
Encumbrances | $ 3,135 | |||
Land | 2,403 | |||
Buildings and Improvements | 1,912 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 610 | |||
Land | 2,428 | |||
Buildings and Improvements | 2,497 | |||
Total | 4,925 | |||
Accumulated Depreciation 12/31/2015 | $ 995 | |||
9700 Martin Luther King Hwy [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 700 | |||
Buildings and Improvements | 1,920 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 472 | |||
Land | 700 | |||
Buildings and Improvements | 2,392 | |||
Total | 3,092 | |||
Accumulated Depreciation 12/31/2015 | $ 885 | |||
9730 Martin Luther King Hwy [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 500 | |||
Buildings and Improvements | 955 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 422 | |||
Land | 500 | |||
Buildings and Improvements | 1,377 | |||
Total | 1,877 | |||
Accumulated Depreciation 12/31/2015 | $ 544 | |||
4621 Boston Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 1,100 | |||
Buildings and Improvements | 3,070 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 860 | |||
Land | 1,100 | |||
Buildings and Improvements | 3,930 | |||
Total | 5,030 | |||
Accumulated Depreciation 12/31/2015 | $ 1,491 | |||
4720 Boston Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 1,200 | |||
Buildings and Improvements | 2,174 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 771 | |||
Land | 1,200 | |||
Buildings and Improvements | 2,945 | |||
Total | 4,145 | |||
Accumulated Depreciation 12/31/2015 | $ 1,159 | |||
22520 Randolph Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dulles, VA | |||
Land | $ 3,200 | |||
Buildings and Improvements | 8,187 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (172) | |||
Land | 3,208 | |||
Buildings and Improvements | 8,007 | |||
Total | 11,215 | |||
Accumulated Depreciation 12/31/2015 | $ 1,854 | |||
22630 Dulles Summit Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dulles, VA | |||
Land | $ 2,200 | |||
Buildings and Improvements | 9,346 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (820) | |||
Land | 2,206 | |||
Buildings and Improvements | 8,520 | |||
Total | 10,726 | |||
Accumulated Depreciation 12/31/2015 | $ 2,194 | |||
4201 Forbes Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 356 | |||
Buildings and Improvements | 1,823 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 15 | |||
Land | 375 | |||
Buildings and Improvements | 1,819 | |||
Total | 2,194 | |||
Accumulated Depreciation 12/31/2015 | $ 479 | |||
4370-4383 Lottsford Vista Rd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 279 | |||
Buildings and Improvements | 1,358 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 95 | |||
Land | 296 | |||
Buildings and Improvements | 1,436 | |||
Total | 1,732 | |||
Accumulated Depreciation 12/31/2015 | $ 385 | |||
4400 Lottsford Vista Rd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 351 | |||
Buildings and Improvements | 1,955 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 241 | |||
Land | 372 | |||
Buildings and Improvements | 2,175 | |||
Total | 2,547 | |||
Accumulated Depreciation 12/31/2015 | $ 684 | |||
4420 Lottsford Vista Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lanham, MD | |||
Land | $ 539 | |||
Buildings and Improvements | 2,196 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 26 | |||
Land | 568 | |||
Buildings and Improvements | 2,193 | |||
Total | 2,761 | |||
Accumulated Depreciation 12/31/2015 | $ 653 | |||
11204 McCormick Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hunt Valley, MD | |||
Land | $ 1,017 | |||
Buildings and Improvements | 3,132 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 170 | |||
Land | 1,038 | |||
Buildings and Improvements | 3,281 | |||
Total | 4,319 | |||
Accumulated Depreciation 12/31/2015 | $ 1,331 | |||
11110 Pepper Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hunt Valley, MD | |||
Land | $ 918 | |||
Buildings and Improvements | 2,529 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 281 | |||
Land | 938 | |||
Buildings and Improvements | 2,790 | |||
Total | 3,728 | |||
Accumulated Depreciation 12/31/2015 | $ 1,152 | |||
11100-11120 Gilroy Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hunt Valley, MD | |||
Land | $ 901 | |||
Buildings and Improvements | 1,455 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 166 | |||
Land | 919 | |||
Buildings and Improvements | 1,603 | |||
Total | 2,522 | |||
Accumulated Depreciation 12/31/2015 | $ 657 | |||
10709 Gilroy Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hunt Valley, MD | |||
Encumbrances | $ 1,982 | |||
Land | 913 | |||
Buildings and Improvements | 2,705 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (143) | |||
Land | 913 | |||
Buildings and Improvements | 2,562 | |||
Total | 3,475 | |||
Accumulated Depreciation 12/31/2015 | $ 1,314 | |||
10707 Gilroy Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hunt Valley, MD | |||
Land | $ 1,111 | |||
Buildings and Improvements | 3,819 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 502 | |||
Land | 1,136 | |||
Buildings and Improvements | 4,296 | |||
Total | 5,432 | |||
Accumulated Depreciation 12/31/2015 | $ 1,715 | |||
38 Loveton Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sparks, MD | |||
Land | $ 1,648 | |||
Buildings and Improvements | 2,151 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (241) | |||
Land | 1,690 | |||
Buildings and Improvements | 1,868 | |||
Total | 3,558 | |||
Accumulated Depreciation 12/31/2015 | $ 803 | |||
1225 Bengies Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Baltimore, MD | |||
Land | $ 2,640 | |||
Buildings and Improvements | 270 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 14,057 | |||
Land | 2,823 | |||
Buildings and Improvements | 14,144 | |||
Total | 16,967 | |||
Accumulated Depreciation 12/31/2015 | $ 3,866 | |||
400 Old Post Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aberdeen, MD | |||
Land | $ 3,411 | |||
Buildings and Improvements | 17,144 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 9 | |||
Land | 3,411 | |||
Buildings and Improvements | 17,153 | |||
Total | 20,564 | |||
Accumulated Depreciation 12/31/2015 | $ 171 | |||
500 Old Post Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aberdeen, MD | |||
Land | $ 5,959 | |||
Buildings and Improvements | 30,533 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 5,959 | |||
Buildings and Improvements | 30,533 | |||
Total | 36,492 | |||
Accumulated Depreciation 12/31/2015 | $ 302 | |||
1214-B Freedom Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Cranberry Township, PA | |||
Encumbrances | $ 1,061 | |||
Land | 31 | |||
Buildings and Improvements | 994 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 613 | |||
Land | 200 | |||
Buildings and Improvements | 1,438 | |||
Total | 1,638 | |||
Accumulated Depreciation 12/31/2015 | $ 1,239 | |||
401 Russell Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Middletown, PA | |||
Land | $ 262 | |||
Buildings and Improvements | 857 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,705 | |||
Land | 287 | |||
Buildings and Improvements | 2,537 | |||
Total | 2,824 | |||
Accumulated Depreciation 12/31/2015 | $ 1,990 | |||
2700 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Middletown, PA | |||
Land | $ 196 | |||
Buildings and Improvements | 997 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 935 | |||
Land | 206 | |||
Buildings and Improvements | 1,922 | |||
Total | 2,128 | |||
Accumulated Depreciation 12/31/2015 | $ 1,507 | |||
2701 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Middletown, PA | |||
Encumbrances | $ 1,505 | |||
Land | 141 | |||
Buildings and Improvements | 859 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,321 | |||
Land | 164 | |||
Buildings and Improvements | 2,157 | |||
Total | 2,321 | |||
Accumulated Depreciation 12/31/2015 | $ 1,473 | |||
2780 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Middletown, PA | |||
Encumbrances | $ 1,287 | |||
Land | 113 | |||
Buildings and Improvements | 743 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,130 | |||
Land | 209 | |||
Buildings and Improvements | 1,777 | |||
Total | 1,986 | |||
Accumulated Depreciation 12/31/2015 | $ 1,409 | |||
350 Old Silver Spring Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mechanicsburg, PA | |||
Land | $ 510 | |||
Buildings and Improvements | 2,890 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,043 | |||
Land | 541 | |||
Buildings and Improvements | 9,902 | |||
Total | 10,443 | |||
Accumulated Depreciation 12/31/2015 | $ 4,362 | |||
16522 Hunters Green Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hagerstown, MD | |||
Encumbrances | $ 12,441 | |||
Land | 1,390 | |||
Buildings and Improvements | 13,104 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,237 | |||
Land | 1,863 | |||
Buildings and Improvements | 16,868 | |||
Total | 18,731 | |||
Accumulated Depreciation 12/31/2015 | $ 4,549 | |||
18212 Shawley Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hagerstown, MD | |||
Encumbrances | $ 5,282 | |||
Land | 1,000 | |||
Buildings and Improvements | 5,847 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,301 | |||
Land | 1,016 | |||
Buildings and Improvements | 7,132 | |||
Total | 8,148 | |||
Accumulated Depreciation 12/31/2015 | $ 1,886 | |||
37 Valley View Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Jessup, PA | |||
Encumbrances | $ 2,318 | |||
Land | 542 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,033 | |||
Land | 532 | |||
Buildings and Improvements | 3,043 | |||
Total | 3,575 | |||
Accumulated Depreciation 12/31/2015 | $ 829 | |||
301 Railroad Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shiremanstown, PA | |||
Land | $ 1,181 | |||
Buildings and Improvements | 4,447 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,262 | |||
Land | 1,328 | |||
Buildings and Improvements | 7,562 | |||
Total | 8,890 | |||
Accumulated Depreciation 12/31/2015 | $ 3,579 | |||
431 Railroad Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shiremanstown, PA | |||
Encumbrances | $ 6,631 | |||
Land | 1,293 | |||
Buildings and Improvements | 7,164 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,960 | |||
Land | 1,341 | |||
Buildings and Improvements | 9,076 | |||
Total | 10,417 | |||
Accumulated Depreciation 12/31/2015 | $ 3,952 | |||
6951 Allentown Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Harrisburg, PA | |||
Land | $ 585 | |||
Buildings and Improvements | 3,176 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 336 | |||
Land | 601 | |||
Buildings and Improvements | 3,496 | |||
Total | 4,097 | |||
Accumulated Depreciation 12/31/2015 | $ 1,355 | |||
320 Reliance Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Washington, PA | |||
Land | $ 201 | |||
Buildings and Improvements | 1,819 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (348) | |||
Land | 178 | |||
Buildings and Improvements | 1,494 | |||
Total | 1,672 | |||
Accumulated Depreciation 12/31/2015 | $ 741 | |||
1351 Eisenhower Blvd., Bldg 1 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Harrisburg, PA | |||
Land | $ 382 | |||
Buildings and Improvements | 2,343 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (64) | |||
Land | 387 | |||
Buildings and Improvements | 2,274 | |||
Total | 2,661 | |||
Accumulated Depreciation 12/31/2015 | $ 817 | |||
1351 Eisenhower Blvd., Bldg 2 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Harrisburg, PA | |||
Land | $ 436 | |||
Buildings and Improvements | 1,587 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 64 | |||
Land | 443 | |||
Buildings and Improvements | 1,644 | |||
Total | 2,087 | |||
Accumulated Depreciation 12/31/2015 | $ 689 | |||
1490 Dennison Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlisle, PA | |||
Land | $ 1,500 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 14,185 | |||
Land | 2,341 | |||
Buildings and Improvements | 13,344 | |||
Total | 15,685 | |||
Accumulated Depreciation 12/31/2015 | $ 3,398 | |||
298 First Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Covington Twp, PA | |||
Land | $ 7,022 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 57,272 | |||
Land | 7,019 | |||
Buildings and Improvements | 57,275 | |||
Total | 64,294 | |||
Accumulated Depreciation 12/31/2015 | $ 10,584 | |||
225 Cross Farm Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | York, PA | |||
Encumbrances | $ 18,075 | |||
Land | 4,718 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 23,163 | |||
Land | 4,715 | |||
Buildings and Improvements | 23,166 | |||
Total | 27,881 | |||
Accumulated Depreciation 12/31/2015 | $ 4,783 | |||
105 Steamboat Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Manchester, PA | |||
Land | $ 4,085 | |||
Buildings and Improvements | 14,464 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1 | |||
Land | 4,070 | |||
Buildings and Improvements | 14,480 | |||
Total | 18,550 | |||
Accumulated Depreciation 12/31/2015 | $ 2,284 | |||
20 Leo Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | York County, PA | |||
Land | $ 6,884 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 26,647 | |||
Land | 6,889 | |||
Buildings and Improvements | 26,642 | |||
Total | 33,531 | |||
Accumulated Depreciation 12/31/2015 | $ 1,366 | |||
720-730 Landwehr Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Northbrook, IL | |||
Land | $ 521 | |||
Buildings and Improvements | 2,982 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 799 | |||
Land | 521 | |||
Buildings and Improvements | 3,781 | |||
Total | 4,302 | |||
Accumulated Depreciation 12/31/2015 | $ 1,851 | |||
1385 101st Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lemont, IL | |||
Encumbrances | $ 3,813 | |||
Land | 967 | |||
Buildings and Improvements | 5,554 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,745 | |||
Land | 968 | |||
Buildings and Improvements | 7,298 | |||
Total | 8,266 | |||
Accumulated Depreciation 12/31/2015 | $ 3,604 | |||
585 Slawin Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Prospect, IL | |||
Land | $ 611 | |||
Buildings and Improvements | 3,505 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (50) | |||
Land | 525 | |||
Buildings and Improvements | 3,541 | |||
Total | 4,066 | |||
Accumulated Depreciation 12/31/2015 | $ 1,713 | |||
2300 Windsor Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Addison, IL | |||
Encumbrances | $ 3,689 | |||
Land | 688 | |||
Buildings and Improvements | 3,943 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,060 | |||
Land | 696 | |||
Buildings and Improvements | 4,995 | |||
Total | 5,691 | |||
Accumulated Depreciation 12/31/2015 | $ 2,698 | |||
305-311 Era Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Northbrook, IL | |||
Land | $ 200 | |||
Buildings and Improvements | 1,154 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,315 | |||
Land | 205 | |||
Buildings and Improvements | 2,464 | |||
Total | 2,669 | |||
Accumulated Depreciation 12/31/2015 | $ 936 | |||
365 North Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carol Stream, IL | |||
Encumbrances | $ 5,620 | |||
Land | 1,042 | |||
Buildings and Improvements | 6,882 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,244 | |||
Land | 1,073 | |||
Buildings and Improvements | 8,095 | |||
Total | 9,168 | |||
Accumulated Depreciation 12/31/2015 | $ 4,081 | |||
800 Business Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Prospect, IL | |||
Land | $ 631 | |||
Buildings and Improvements | 3,493 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 328 | |||
Land | 666 | |||
Buildings and Improvements | 3,786 | |||
Total | 4,452 | |||
Accumulated Depreciation 12/31/2015 | $ 1,426 | |||
580 Slawin Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Prospect, IL | |||
Encumbrances | $ 774 | |||
Land | 233 | |||
Buildings and Improvements | 1,292 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (37) | |||
Land | 162 | |||
Buildings and Improvements | 1,326 | |||
Total | 1,488 | |||
Accumulated Depreciation 12/31/2015 | $ 597 | |||
1005 101st Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lemont, IL | |||
Encumbrances | $ 5,358 | |||
Land | 1,200 | |||
Buildings and Improvements | 6,643 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,550 | |||
Land | 1,220 | |||
Buildings and Improvements | 8,173 | |||
Total | 9,393 | |||
Accumulated Depreciation 12/31/2015 | $ 2,953 | |||
175 Wall Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glendale Heights, IL | |||
Encumbrances | $ 1,363 | |||
Land | 427 | |||
Buildings and Improvements | 2,363 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 165 | |||
Land | 433 | |||
Buildings and Improvements | 2,522 | |||
Total | 2,955 | |||
Accumulated Depreciation 12/31/2015 | $ 940 | |||
800-820 Thorndale Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bensenville, IL | |||
Land | $ 751 | |||
Buildings and Improvements | 4,159 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 785 | |||
Land | 761 | |||
Buildings and Improvements | 4,934 | |||
Total | 5,695 | |||
Accumulated Depreciation 12/31/2015 | $ 1,522 | |||
251 Airport Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | North Aurora, IL | |||
Encumbrances | $ 4,816 | |||
Land | 983 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,873 | |||
Land | 983 | |||
Buildings and Improvements | 6,873 | |||
Total | 7,856 | |||
Accumulated Depreciation 12/31/2015 | $ 2,431 | |||
1661 Feehanville Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Prospect, IL | |||
Land | $ 985 | |||
Buildings and Improvements | 5,455 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,346 | |||
Land | 1,044 | |||
Buildings and Improvements | 8,742 | |||
Total | 9,786 | |||
Accumulated Depreciation 12/31/2015 | $ 3,389 | |||
400 Crossroads Pkwy [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bolingbrook, IL | |||
Encumbrances | $ 5,356 | |||
Land | 1,178 | |||
Buildings and Improvements | 9,453 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 928 | |||
Land | 1,181 | |||
Buildings and Improvements | 10,378 | |||
Total | 11,559 | |||
Accumulated Depreciation 12/31/2015 | $ 3,419 | |||
7609 W. Industrial Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Forest Park, IL | |||
Land | $ 1,207 | |||
Buildings and Improvements | 2,343 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 131 | |||
Land | 1,213 | |||
Buildings and Improvements | 2,468 | |||
Total | 3,681 | |||
Accumulated Depreciation 12/31/2015 | $ 1,171 | |||
7801 W. Industrial Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Forest Park, IL | |||
Land | $ 1,215 | |||
Buildings and Improvements | 3,020 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 896 | |||
Land | 1,220 | |||
Buildings and Improvements | 3,911 | |||
Total | 5,131 | |||
Accumulated Depreciation 12/31/2015 | $ 1,384 | |||
825 E. 26th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | LaGrange, IL | |||
Land | $ 1,547 | |||
Buildings and Improvements | 2,078 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,378 | |||
Land | 1,617 | |||
Buildings and Improvements | 4,386 | |||
Total | 6,003 | |||
Accumulated Depreciation 12/31/2015 | $ 2,331 | |||
725 Kimberly Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carol Stream, IL | |||
Land | $ 793 | |||
Buildings and Improvements | 1,395 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 223 | |||
Land | 801 | |||
Buildings and Improvements | 1,610 | |||
Total | 2,411 | |||
Accumulated Depreciation 12/31/2015 | $ 658 | |||
17001 S. Vincennes [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thornton, IL | |||
Land | $ 497 | |||
Buildings and Improvements | 504 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3 | |||
Land | 513 | |||
Buildings and Improvements | 491 | |||
Total | 1,004 | |||
Accumulated Depreciation 12/31/2015 | $ 380 | |||
2900 W. 166th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Markham, IL | |||
Land | $ 1,132 | |||
Buildings and Improvements | 4,293 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (881) | |||
Land | 1,134 | |||
Buildings and Improvements | 3,410 | |||
Total | 4,544 | |||
Accumulated Depreciation 12/31/2015 | $ 924 | |||
4100 Rock Creek Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Joliet, IL | |||
Land | $ 4,476 | |||
Buildings and Improvements | 16,061 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 818 | |||
Land | 4,476 | |||
Buildings and Improvements | 16,879 | |||
Total | 21,355 | |||
Accumulated Depreciation 12/31/2015 | $ 1,865 | |||
555 W. Algonquin Rd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington Heights, IL | |||
Encumbrances | $ 2,005 | |||
Land | 574 | |||
Buildings and Improvements | 741 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,936 | |||
Land | 579 | |||
Buildings and Improvements | 2,672 | |||
Total | 3,251 | |||
Accumulated Depreciation 12/31/2015 | $ 799 | |||
10100 58th Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kenosha, WI | |||
Land | $ 4,201 | |||
Buildings and Improvements | 17,604 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,446 | |||
Land | 4,201 | |||
Buildings and Improvements | 19,050 | |||
Total | 23,251 | |||
Accumulated Depreciation 12/31/2015 | $ 2,593 | |||
401 Airport Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | North Aurora, IL | |||
Land | $ 534 | |||
Buildings and Improvements | 1,957 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 534 | |||
Buildings and Improvements | 1,957 | |||
Total | 2,491 | |||
Accumulated Depreciation 12/31/2015 | $ 135 | |||
1501 Oakton Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Elk Grove Village, IL | |||
Encumbrances | $ 6,240 | |||
Land | 3,369 | |||
Buildings and Improvements | 6,121 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 434 | |||
Land | 3,482 | |||
Buildings and Improvements | 6,442 | |||
Total | 9,924 | |||
Accumulated Depreciation 12/31/2015 | $ 1,802 | |||
16500 W. 103rd Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Woodridge, IL | |||
Encumbrances | $ 2,493 | |||
Land | 744 | |||
Buildings and Improvements | 2,458 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 379 | |||
Land | 762 | |||
Buildings and Improvements | 2,819 | |||
Total | 3,581 | |||
Accumulated Depreciation 12/31/2015 | $ 1,018 | |||
8505 50th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kenosha, WI | |||
Land | $ 3,212 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 32,956 | |||
Land | 3,212 | |||
Buildings and Improvements | 32,956 | |||
Total | 36,168 | |||
Accumulated Depreciation 12/31/2015 | $ 5,909 | |||
9900-9970 Princeton [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Cincinnati, OH | |||
Land | $ 545 | |||
Buildings and Improvements | 3,088 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,874 | |||
Land | 566 | |||
Buildings and Improvements | 4,941 | |||
Total | 5,507 | |||
Accumulated Depreciation 12/31/2015 | $ 2,275 | |||
4700-4750 Creek Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Blue Ash, OH | |||
Land | $ 1,080 | |||
Buildings and Improvements | 6,118 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,373 | |||
Land | 1,109 | |||
Buildings and Improvements | 7,462 | |||
Total | 8,571 | |||
Accumulated Depreciation 12/31/2015 | $ 3,482 | |||
4436 Mulhauser Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hamilton, OH | |||
Encumbrances | $ 3,843 | |||
Land | 630 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,299 | |||
Land | 630 | |||
Buildings and Improvements | 5,299 | |||
Total | 5,929 | |||
Accumulated Depreciation 12/31/2015 | $ 1,711 | |||
4438 Mulhauser Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hamilton, OH | |||
Encumbrances | $ 4,635 | |||
Land | 779 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,503 | |||
Land | 779 | |||
Buildings and Improvements | 6,503 | |||
Total | 7,282 | |||
Accumulated Depreciation 12/31/2015 | $ 2,251 | |||
420 Wards Corner Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Loveland, OH | |||
Land | $ 600 | |||
Buildings and Improvements | 1,083 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 777 | |||
Land | 606 | |||
Buildings and Improvements | 1,854 | |||
Total | 2,460 | |||
Accumulated Depreciation 12/31/2015 | $ 664 | |||
422 Wards Corner Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Loveland, OH | |||
Land | $ 600 | |||
Buildings and Improvements | 1,811 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 187 | |||
Land | 592 | |||
Buildings and Improvements | 2,006 | |||
Total | 2,598 | |||
Accumulated Depreciation 12/31/2015 | $ 654 | |||
4663 Dues Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 858 | |||
Buildings and Improvements | 2,273 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 626 | |||
Land | 875 | |||
Buildings and Improvements | 2,882 | |||
Total | 3,757 | |||
Accumulated Depreciation 12/31/2015 | $ 2,515 | |||
9345 Princeton-Glendale [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Encumbrances | $ 1,371 | |||
Land | 818 | |||
Buildings and Improvements | 1,648 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 380 | |||
Land | 840 | |||
Buildings and Improvements | 2,006 | |||
Total | 2,846 | |||
Accumulated Depreciation 12/31/2015 | $ 1,243 | |||
9525 Glades Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 347 | |||
Buildings and Improvements | 1,323 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (27) | |||
Land | 355 | |||
Buildings and Improvements | 1,288 | |||
Total | 1,643 | |||
Accumulated Depreciation 12/31/2015 | $ 469 | |||
9776-9876 Windisch Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 392 | |||
Buildings and Improvements | 1,744 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 119 | |||
Land | 394 | |||
Buildings and Improvements | 1,861 | |||
Total | 2,255 | |||
Accumulated Depreciation 12/31/2015 | $ 665 | |||
9808-9830 Windisch Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 395 | |||
Buildings and Improvements | 2,541 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 137 | |||
Land | 397 | |||
Buildings and Improvements | 2,676 | |||
Total | 3,073 | |||
Accumulated Depreciation 12/31/2015 | $ 716 | |||
9842-9862 Windisch Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 506 | |||
Buildings and Improvements | 3,148 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 130 | |||
Land | 508 | |||
Buildings and Improvements | 3,276 | |||
Total | 3,784 | |||
Accumulated Depreciation 12/31/2015 | $ 843 | |||
9872-9898 Windisch Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 546 | |||
Buildings and Improvements | 3,039 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 126 | |||
Land | 548 | |||
Buildings and Improvements | 3,163 | |||
Total | 3,711 | |||
Accumulated Depreciation 12/31/2015 | $ 900 | |||
9902-9922 Windisch Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Land | $ 623 | |||
Buildings and Improvements | 4,003 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 788 | |||
Land | 627 | |||
Buildings and Improvements | 4,787 | |||
Total | 5,414 | |||
Accumulated Depreciation 12/31/2015 | $ 1,779 | |||
30311 Emerald Valley Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 8,229 | |||
Land | 681 | |||
Buildings and Improvements | 11,838 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 905 | |||
Land | 691 | |||
Buildings and Improvements | 12,733 | |||
Total | 13,424 | |||
Accumulated Depreciation 12/31/2015 | $ 4,336 | |||
30333 Emerald Valley Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 3,984 | |||
Land | 466 | |||
Buildings and Improvements | 5,447 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 54 | |||
Land | 475 | |||
Buildings and Improvements | 5,492 | |||
Total | 5,967 | |||
Accumulated Depreciation 12/31/2015 | $ 2,109 | |||
7800 Cochran Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 3,804 | |||
Land | 972 | |||
Buildings and Improvements | 7,033 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 243 | |||
Land | 991 | |||
Buildings and Improvements | 7,257 | |||
Total | 8,248 | |||
Accumulated Depreciation 12/31/2015 | $ 2,419 | |||
7900 Cochran Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 4,544 | |||
Land | 775 | |||
Buildings and Improvements | 6,244 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 284 | |||
Land | 792 | |||
Buildings and Improvements | 6,511 | |||
Total | 7,303 | |||
Accumulated Depreciation 12/31/2015 | $ 2,164 | |||
7905 Cochran Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 4,468 | |||
Land | 920 | |||
Buildings and Improvements | 6,174 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 738 | |||
Land | 922 | |||
Buildings and Improvements | 6,910 | |||
Total | 7,832 | |||
Accumulated Depreciation 12/31/2015 | $ 2,535 | |||
30600 Carter Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Solon, OH | |||
Land | $ 989 | |||
Buildings and Improvements | 3,042 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 930 | |||
Land | 1,022 | |||
Buildings and Improvements | 3,939 | |||
Total | 4,961 | |||
Accumulated Depreciation 12/31/2015 | $ 2,846 | |||
8181 Darrow Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Twinsburg, OH | |||
Encumbrances | $ 7,332 | |||
Land | 2,478 | |||
Buildings and Improvements | 6,791 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,040 | |||
Land | 2,496 | |||
Buildings and Improvements | 8,813 | |||
Total | 11,309 | |||
Accumulated Depreciation 12/31/2015 | $ 3,899 | |||
4785 Elati [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 173 | |||
Buildings and Improvements | 981 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 202 | |||
Land | 175 | |||
Buildings and Improvements | 1,181 | |||
Total | 1,356 | |||
Accumulated Depreciation 12/31/2015 | $ 517 | |||
4770 Fox Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 132 | |||
Buildings and Improvements | 750 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 263 | |||
Land | 134 | |||
Buildings and Improvements | 1,011 | |||
Total | 1,145 | |||
Accumulated Depreciation 12/31/2015 | $ 398 | |||
3851-3871 Revere [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 1,279 | |||
Land | 361 | |||
Buildings and Improvements | 2,047 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 473 | |||
Land | 368 | |||
Buildings and Improvements | 2,513 | |||
Total | 2,881 | |||
Accumulated Depreciation 12/31/2015 | $ 1,063 | |||
4570 Ivy Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 219 | |||
Buildings and Improvements | 1,239 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 279 | |||
Land | 220 | |||
Buildings and Improvements | 1,517 | |||
Total | 1,737 | |||
Accumulated Depreciation 12/31/2015 | $ 716 | |||
5855 Stapleton Drive North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 288 | |||
Buildings and Improvements | 1,630 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 250 | |||
Land | 290 | |||
Buildings and Improvements | 1,878 | |||
Total | 2,168 | |||
Accumulated Depreciation 12/31/2015 | $ 848 | |||
5885 Stapleton Drive North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 376 | |||
Buildings and Improvements | 2,129 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 324 | |||
Land | 380 | |||
Buildings and Improvements | 2,449 | |||
Total | 2,829 | |||
Accumulated Depreciation 12/31/2015 | $ 1,069 | |||
5977 North Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 1,521 | |||
Land | 268 | |||
Buildings and Improvements | 1,518 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 561 | |||
Land | 271 | |||
Buildings and Improvements | 2,076 | |||
Total | 2,347 | |||
Accumulated Depreciation 12/31/2015 | $ 857 | |||
5952-5978 North Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 2,264 | |||
Land | 414 | |||
Buildings and Improvements | 2,346 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 732 | |||
Land | 422 | |||
Buildings and Improvements | 3,070 | |||
Total | 3,492 | |||
Accumulated Depreciation 12/31/2015 | $ 1,346 | |||
4721 Ironton Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 232 | |||
Buildings and Improvements | 1,313 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 317 | |||
Land | 236 | |||
Buildings and Improvements | 1,626 | |||
Total | 1,862 | |||
Accumulated Depreciation 12/31/2015 | $ 703 | |||
7003 E 47th Ave Drive [Member ] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 441 | |||
Buildings and Improvements | 2,689 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 27 | |||
Land | 441 | |||
Buildings and Improvements | 2,716 | |||
Total | 3,157 | |||
Accumulated Depreciation 12/31/2015 | $ 1,233 | |||
9500 West 49th Street - A [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 1,247 | |||
Land | 283 | |||
Buildings and Improvements | 1,625 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 126 | |||
Land | 287 | |||
Buildings and Improvements | 1,747 | |||
Total | 2,034 | |||
Accumulated Depreciation 12/31/2015 | $ 831 | |||
9500 West 49th Street - B [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 1,043 | |||
Land | 225 | |||
Buildings and Improvements | 1,272 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 205 | |||
Land | 227 | |||
Buildings and Improvements | 1,475 | |||
Total | 1,702 | |||
Accumulated Depreciation 12/31/2015 | $ 653 | |||
9500 West 49th Street - C [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 2,591 | |||
Land | 600 | |||
Buildings and Improvements | 3,409 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 217 | |||
Land | 601 | |||
Buildings and Improvements | 3,625 | |||
Total | 4,226 | |||
Accumulated Depreciation 12/31/2015 | $ 1,580 | |||
9500 West 49th Street - D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 1,349 | |||
Land | 246 | |||
Buildings and Improvements | 1,537 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 417 | |||
Land | 247 | |||
Buildings and Improvements | 1,953 | |||
Total | 2,200 | |||
Accumulated Depreciation 12/31/2015 | $ 939 | |||
451-591 East 124th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thornton, CO | |||
Land | $ 383 | |||
Buildings and Improvements | 2,145 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 498 | |||
Land | 383 | |||
Buildings and Improvements | 2,643 | |||
Total | 3,026 | |||
Accumulated Depreciation 12/31/2015 | $ 1,194 | |||
15000 West 6th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Golden, CO | |||
Land | $ 913 | |||
Buildings and Improvements | 5,174 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 848 | |||
Land | 918 | |||
Buildings and Improvements | 6,017 | |||
Total | 6,935 | |||
Accumulated Depreciation 12/31/2015 | $ 2,765 | |||
14998 West 6th Avenue Bldg E [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Golden, CO | |||
Land | $ 565 | |||
Buildings and Improvements | 3,199 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 429 | |||
Land | 570 | |||
Buildings and Improvements | 3,623 | |||
Total | 4,193 | |||
Accumulated Depreciation 12/31/2015 | $ 1,610 | |||
14998 West 6 th Avenue Bldg F [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Golden, CO | |||
Land | $ 269 | |||
Buildings and Improvements | 1,525 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 101 | |||
Land | 273 | |||
Buildings and Improvements | 1,622 | |||
Total | 1,895 | |||
Accumulated Depreciation 12/31/2015 | $ 746 | |||
6547 South Racine Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Centennial, CO | |||
Encumbrances | $ 2,717 | |||
Land | 739 | |||
Buildings and Improvements | 4,241 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 241 | |||
Land | 739 | |||
Buildings and Improvements | 4,482 | |||
Total | 5,221 | |||
Accumulated Depreciation 12/31/2015 | $ 1,998 | |||
11701 East 53rd Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 416 | |||
Buildings and Improvements | 2,355 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 434 | |||
Land | 422 | |||
Buildings and Improvements | 2,783 | |||
Total | 3,205 | |||
Accumulated Depreciation 12/31/2015 | $ 1,252 | |||
5401 Oswego [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 273 | |||
Buildings and Improvements | 1,547 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 343 | |||
Land | 278 | |||
Buildings and Improvements | 1,885 | |||
Total | 2,163 | |||
Accumulated Depreciation 12/31/2015 | $ 878 | |||
14818 West 6th Avenue Bldg A [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Golden, CO | |||
Land | $ 468 | |||
Buildings and Improvements | 2,799 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 287 | |||
Land | 468 | |||
Buildings and Improvements | 3,086 | |||
Total | 3,554 | |||
Accumulated Depreciation 12/31/2015 | $ 1,372 | |||
14828 West 6th Avenue Bldg B [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Golden, CO | |||
Land | $ 503 | |||
Buildings and Improvements | 2,942 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 378 | |||
Land | 503 | |||
Buildings and Improvements | 3,320 | |||
Total | 3,823 | |||
Accumulated Depreciation 12/31/2015 | $ 1,464 | |||
445 Bryant Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 6,684 | |||
Land | 1,829 | |||
Buildings and Improvements | 10,219 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,007 | |||
Land | 1,829 | |||
Buildings and Improvements | 13,226 | |||
Total | 15,055 | |||
Accumulated Depreciation 12/31/2015 | $ 5,803 | |||
3811 Joliet [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 735 | |||
Buildings and Improvements | 4,166 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 558 | |||
Land | 752 | |||
Buildings and Improvements | 4,707 | |||
Total | 5,459 | |||
Accumulated Depreciation 12/31/2015 | $ 2,049 | |||
12055 E 49th Ave/4955 Peoria [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 298 | |||
Buildings and Improvements | 1,688 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 535 | |||
Land | 305 | |||
Buildings and Improvements | 2,216 | |||
Total | 2,521 | |||
Accumulated Depreciation 12/31/2015 | $ 981 | |||
4940 - 4950 Paris [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 152 | |||
Buildings and Improvements | 861 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 285 | |||
Land | 156 | |||
Buildings and Improvements | 1,142 | |||
Total | 1,298 | |||
Accumulated Depreciation 12/31/2015 | $ 511 | |||
4970 Paris [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 95 | |||
Buildings and Improvements | 537 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 101 | |||
Land | 97 | |||
Buildings and Improvements | 636 | |||
Total | 733 | |||
Accumulated Depreciation 12/31/2015 | $ 272 | |||
7367 South Revere Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Centennial, CO | |||
Encumbrances | $ 3,062 | |||
Land | 926 | |||
Buildings and Improvements | 5,124 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 846 | |||
Land | 934 | |||
Buildings and Improvements | 5,962 | |||
Total | 6,896 | |||
Accumulated Depreciation 12/31/2015 | $ 2,574 | |||
8200 East Park Meadows Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lone Tree, CO | |||
Encumbrances | $ 5,590 | |||
Land | 1,297 | |||
Buildings and Improvements | 7,348 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,155 | |||
Land | 1,304 | |||
Buildings and Improvements | 8,496 | |||
Total | 9,800 | |||
Accumulated Depreciation 12/31/2015 | $ 3,282 | |||
3250 Quentin Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Encumbrances | $ 5,104 | |||
Land | 1,220 | |||
Buildings and Improvements | 6,911 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 817 | |||
Land | 1,230 | |||
Buildings and Improvements | 7,718 | |||
Total | 8,948 | |||
Accumulated Depreciation 12/31/2015 | $ 2,933 | |||
Highpoint Bus Ctr B [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Littleton, CO | |||
Land | $ 739 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,310 | |||
Land | 781 | |||
Buildings and Improvements | 3,268 | |||
Total | 4,049 | |||
Accumulated Depreciation 12/31/2015 | $ 1,087 | |||
1130 W. 124th Ave. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westminster, CO | |||
Land | $ 441 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,225 | |||
Land | 441 | |||
Buildings and Improvements | 3,225 | |||
Total | 3,666 | |||
Accumulated Depreciation 12/31/2015 | $ 1,164 | |||
1070 W. 124th Ave. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westminster, CO | |||
Land | $ 374 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,711 | |||
Land | 374 | |||
Buildings and Improvements | 2,711 | |||
Total | 3,085 | |||
Accumulated Depreciation 12/31/2015 | $ 975 | |||
1020 W. 124th Ave. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westminster, CO | |||
Land | $ 374 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,799 | |||
Land | 374 | |||
Buildings and Improvements | 2,799 | |||
Total | 3,173 | |||
Accumulated Depreciation 12/31/2015 | $ 1,049 | |||
8810 W. 116th Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Broomfield, CO | |||
Land | $ 312 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,645 | |||
Land | 370 | |||
Buildings and Improvements | 1,587 | |||
Total | 1,957 | |||
Accumulated Depreciation 12/31/2015 | $ 507 | |||
960 W. 124th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westminster, CO | |||
Land | $ 441 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,508 | |||
Land | 442 | |||
Buildings and Improvements | 3,507 | |||
Total | 3,949 | |||
Accumulated Depreciation 12/31/2015 | $ 1,336 | |||
8820 W. 116th Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Broomfield, CO | |||
Land | $ 338 | |||
Buildings and Improvements | 1,918 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 386 | |||
Land | 372 | |||
Buildings and Improvements | 2,270 | |||
Total | 2,642 | |||
Accumulated Depreciation 12/31/2015 | $ 732 | |||
8835 W. 116th Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Broomfield, CO | |||
Land | $ 1,151 | |||
Buildings and Improvements | 6,523 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,182 | |||
Land | 1,304 | |||
Buildings and Improvements | 7,552 | |||
Total | 8,856 | |||
Accumulated Depreciation 12/31/2015 | $ 2,487 | |||
18150 E. 32nd Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Encumbrances | $ 1,744 | |||
Land | 563 | |||
Buildings and Improvements | 3,188 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 177 | |||
Land | 572 | |||
Buildings and Improvements | 3,356 | |||
Total | 3,928 | |||
Accumulated Depreciation 12/31/2015 | $ 1,162 | |||
3400 Fraser Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Encumbrances | $ 2,117 | |||
Land | 616 | |||
Buildings and Improvements | 3,593 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (142) | |||
Land | 620 | |||
Buildings and Improvements | 3,447 | |||
Total | 4,067 | |||
Accumulated Depreciation 12/31/2015 | $ 1,120 | |||
7005 E. 46th Avenue Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 1,337 | |||
Land | 512 | |||
Buildings and Improvements | 2,025 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 32 | |||
Land | 517 | |||
Buildings and Improvements | 2,052 | |||
Total | 2,569 | |||
Accumulated Depreciation 12/31/2015 | $ 757 | |||
4001 Salazar Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Frederick, CO | |||
Land | $ 1,271 | |||
Buildings and Improvements | 6,508 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (773) | |||
Land | 1,276 | |||
Buildings and Improvements | 5,730 | |||
Total | 7,006 | |||
Accumulated Depreciation 12/31/2015 | $ 1,511 | |||
5909-5915 N. Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 854 | |||
Land | 495 | |||
Buildings and Improvements | 1,268 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 107 | |||
Land | 500 | |||
Buildings and Improvements | 1,370 | |||
Total | 1,870 | |||
Accumulated Depreciation 12/31/2015 | $ 639 | |||
2406-2416 Walnut Ridge [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 178 | |||
Buildings and Improvements | 1,006 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 573 | |||
Land | 172 | |||
Buildings and Improvements | 1,585 | |||
Total | 1,757 | |||
Accumulated Depreciation 12/31/2015 | $ 601 | |||
2401-2419 Walnut Ridge [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 148 | |||
Buildings and Improvements | 839 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 416 | |||
Land | 142 | |||
Buildings and Improvements | 1,261 | |||
Total | 1,403 | |||
Accumulated Depreciation 12/31/2015 | $ 485 | |||
900-906 Great Southwest Pkwy [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Land | $ 237 | |||
Buildings and Improvements | 1,342 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 625 | |||
Land | 270 | |||
Buildings and Improvements | 1,934 | |||
Total | 2,204 | |||
Accumulated Depreciation 12/31/2015 | $ 895 | |||
3000 West Commerce [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 456 | |||
Buildings and Improvements | 2,584 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,303 | |||
Land | 469 | |||
Buildings and Improvements | 3,874 | |||
Total | 4,343 | |||
Accumulated Depreciation 12/31/2015 | $ 1,656 | |||
3030 Hansboro [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 266 | |||
Buildings and Improvements | 1,510 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (664) | |||
Land | 87 | |||
Buildings and Improvements | 1,025 | |||
Total | 1,112 | |||
Accumulated Depreciation 12/31/2015 | $ 657 | |||
405-407 113th [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Land | $ 181 | |||
Buildings and Improvements | 1,026 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 528 | |||
Land | 185 | |||
Buildings and Improvements | 1,550 | |||
Total | 1,735 | |||
Accumulated Depreciation 12/31/2015 | $ 681 | |||
816 111th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Encumbrances | $ 800 | |||
Land | 251 | |||
Buildings and Improvements | 1,421 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 131 | |||
Land | 258 | |||
Buildings and Improvements | 1,545 | |||
Total | 1,803 | |||
Accumulated Depreciation 12/31/2015 | $ 674 | |||
7427 Dogwood Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 96 | |||
Buildings and Improvements | 532 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 316 | |||
Land | 102 | |||
Buildings and Improvements | 842 | |||
Total | 944 | |||
Accumulated Depreciation 12/31/2015 | $ 324 | |||
7348-54 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 88 | |||
Buildings and Improvements | 489 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 213 | |||
Land | 94 | |||
Buildings and Improvements | 696 | |||
Total | 790 | |||
Accumulated Depreciation 12/31/2015 | $ 290 | |||
7339-41 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 98 | |||
Buildings and Improvements | 541 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 180 | |||
Land | 104 | |||
Buildings and Improvements | 715 | |||
Total | 819 | |||
Accumulated Depreciation 12/31/2015 | $ 287 | |||
7437-45 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 102 | |||
Buildings and Improvements | 563 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 291 | |||
Land | 108 | |||
Buildings and Improvements | 848 | |||
Total | 956 | |||
Accumulated Depreciation 12/31/2015 | $ 331 | |||
7331-59 Airport Freeway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Encumbrances | $ 1,871 | |||
Land | 354 | |||
Buildings and Improvements | 1,958 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 573 | |||
Land | 372 | |||
Buildings and Improvements | 2,513 | |||
Total | 2,885 | |||
Accumulated Depreciation 12/31/2015 | $ 988 | |||
7338-60 Dogwood Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 106 | |||
Buildings and Improvements | 587 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 240 | |||
Land | 112 | |||
Buildings and Improvements | 821 | |||
Total | 933 | |||
Accumulated Depreciation 12/31/2015 | $ 310 | |||
7450-70 Dogwood Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 106 | |||
Buildings and Improvements | 584 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 156 | |||
Land | 112 | |||
Buildings and Improvements | 734 | |||
Total | 846 | |||
Accumulated Depreciation 12/31/2015 | $ 289 | |||
7423-49 Airport Freeway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Encumbrances | $ 1,547 | |||
Land | 293 | |||
Buildings and Improvements | 1,621 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 472 | |||
Land | 308 | |||
Buildings and Improvements | 2,078 | |||
Total | 2,386 | |||
Accumulated Depreciation 12/31/2015 | $ 812 | |||
7400 Whitehall Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 109 | |||
Buildings and Improvements | 603 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 95 | |||
Land | 115 | |||
Buildings and Improvements | 692 | |||
Total | 807 | |||
Accumulated Depreciation 12/31/2015 | $ 284 | |||
1602-1654 Terre Colony [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Encumbrances | $ 1,733 | |||
Land | 458 | |||
Buildings and Improvements | 2,596 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 849 | |||
Land | 468 | |||
Buildings and Improvements | 3,435 | |||
Total | 3,903 | |||
Accumulated Depreciation 12/31/2015 | $ 1,253 | |||
2351-2355 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 101 | |||
Buildings and Improvements | 574 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 105 | |||
Land | 93 | |||
Buildings and Improvements | 687 | |||
Total | 780 | |||
Accumulated Depreciation 12/31/2015 | $ 268 | |||
2220 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 352 | |||
Buildings and Improvements | 1,993 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 266 | |||
Land | 316 | |||
Buildings and Improvements | 2,295 | |||
Total | 2,611 | |||
Accumulated Depreciation 12/31/2015 | $ 721 | |||
2010 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 350 | |||
Buildings and Improvements | 1,981 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 54 | |||
Land | 318 | |||
Buildings and Improvements | 2,067 | |||
Total | 2,385 | |||
Accumulated Depreciation 12/31/2015 | $ 720 | |||
2363 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 73 | |||
Buildings and Improvements | 412 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (7) | |||
Land | 48 | |||
Buildings and Improvements | 430 | |||
Total | 478 | |||
Accumulated Depreciation 12/31/2015 | $ 175 | |||
2447 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 70 | |||
Buildings and Improvements | 395 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (164) | |||
Land | 25 | |||
Buildings and Improvements | 276 | |||
Total | 301 | |||
Accumulated Depreciation 12/31/2015 | $ 168 | |||
2465-2475 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 91 | |||
Buildings and Improvements | 514 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 16 | |||
Land | 73 | |||
Buildings and Improvements | 548 | |||
Total | 621 | |||
Accumulated Depreciation 12/31/2015 | $ 221 | |||
2485-2505 Merritt Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 431 | |||
Buildings and Improvements | 2,440 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 684 | |||
Land | 440 | |||
Buildings and Improvements | 3,115 | |||
Total | 3,555 | |||
Accumulated Depreciation 12/31/2015 | $ 1,209 | |||
2110 Hutton Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Land | $ 374 | |||
Buildings and Improvements | 2,117 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 120 | |||
Land | 255 | |||
Buildings and Improvements | 2,356 | |||
Total | 2,611 | |||
Accumulated Depreciation 12/31/2015 | $ 969 | |||
2025 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 1,495 | |||
Land | 437 | |||
Buildings and Improvements | 2,478 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 452 | |||
Land | 442 | |||
Buildings and Improvements | 2,925 | |||
Total | 3,367 | |||
Accumulated Depreciation 12/31/2015 | $ 968 | |||
2019 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 1,654 | |||
Land | 502 | |||
Buildings and Improvements | 2,843 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 380 | |||
Land | 507 | |||
Buildings and Improvements | 3,218 | |||
Total | 3,725 | |||
Accumulated Depreciation 12/31/2015 | $ 1,216 | |||
2029-2035 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 1,535 | |||
Land | 306 | |||
Buildings and Improvements | 1,870 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 236 | |||
Land | 306 | |||
Buildings and Improvements | 2,106 | |||
Total | 2,412 | |||
Accumulated Depreciation 12/31/2015 | $ 807 | |||
2015 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 2,360 | |||
Land | 510 | |||
Buildings and Improvements | 2,891 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 450 | |||
Land | 516 | |||
Buildings and Improvements | 3,335 | |||
Total | 3,851 | |||
Accumulated Depreciation 12/31/2015 | $ 1,194 | |||
2009 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 2,284 | |||
Land | 476 | |||
Buildings and Improvements | 2,699 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 551 | |||
Land | 481 | |||
Buildings and Improvements | 3,245 | |||
Total | 3,726 | |||
Accumulated Depreciation 12/31/2015 | $ 1,240 | |||
900-1100 Avenue S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Encumbrances | $ 2,277 | |||
Land | 623 | |||
Buildings and Improvements | 3,528 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 978 | |||
Land | 629 | |||
Buildings and Improvements | 4,500 | |||
Total | 5,129 | |||
Accumulated Depreciation 12/31/2015 | $ 1,389 | |||
Plano Crossing F [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plano, TX | |||
Encumbrances | $ 8,665 | |||
Land | 1,961 | |||
Buildings and Improvements | 11,112 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,062 | |||
Land | 1,981 | |||
Buildings and Improvements | 12,154 | |||
Total | 14,135 | |||
Accumulated Depreciation 12/31/2015 | $ 4,060 | |||
7413A-C Dogwood Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 110 | |||
Buildings and Improvements | 623 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 245 | |||
Land | 111 | |||
Buildings and Improvements | 867 | |||
Total | 978 | |||
Accumulated Depreciation 12/31/2015 | $ 303 | |||
7450 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 36 | |||
Buildings and Improvements | 204 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 112 | |||
Land | 36 | |||
Buildings and Improvements | 316 | |||
Total | 352 | |||
Accumulated Depreciation 12/31/2015 | $ 123 | |||
7436 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 57 | |||
Buildings and Improvements | 324 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 196 | |||
Land | 58 | |||
Buildings and Improvements | 519 | |||
Total | 577 | |||
Accumulated Depreciation 12/31/2015 | $ 203 | |||
7426 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 76 | |||
Buildings and Improvements | 429 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 186 | |||
Land | 76 | |||
Buildings and Improvements | 615 | |||
Total | 691 | |||
Accumulated Depreciation 12/31/2015 | $ 180 | |||
7427-7429 Tower Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 75 | |||
Buildings and Improvements | 427 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 163 | |||
Land | 76 | |||
Buildings and Improvements | 589 | |||
Total | 665 | |||
Accumulated Depreciation 12/31/2015 | $ 250 | |||
2840-2842 Handley Ederville Rd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 112 | |||
Buildings and Improvements | 635 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 58 | |||
Land | 113 | |||
Buildings and Improvements | 692 | |||
Total | 805 | |||
Accumulated Depreciation 12/31/2015 | $ 225 | |||
825-827 Avenue H D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Encumbrances | $ 2,108 | |||
Land | 600 | |||
Buildings and Improvements | 3,006 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 89 | |||
Land | 604 | |||
Buildings and Improvements | 3,091 | |||
Total | 3,695 | |||
Accumulated Depreciation 12/31/2015 | $ 1,355 | |||
1200-16 Avenue H D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Encumbrances | $ 1,685 | |||
Land | 600 | |||
Buildings and Improvements | 2,846 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 348 | |||
Land | 604 | |||
Buildings and Improvements | 3,190 | |||
Total | 3,794 | |||
Accumulated Depreciation 12/31/2015 | $ 1,044 | |||
1322-66 W. North Carrier Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Encumbrances | $ 4,004 | |||
Land | 1,000 | |||
Buildings and Improvements | 5,012 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,007 | |||
Land | 1,006 | |||
Buildings and Improvements | 6,013 | |||
Total | 7,019 | |||
Accumulated Depreciation 12/31/2015 | $ 2,035 | |||
2401-2407 Centennial Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Encumbrances | $ 2,048 | |||
Land | 600 | |||
Buildings and Improvements | 2,534 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (2) | |||
Land | 604 | |||
Buildings and Improvements | 2,528 | |||
Total | 3,132 | |||
Accumulated Depreciation 12/31/2015 | $ 1,098 | |||
3111 West Commerce Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Encumbrances | $ 3,487 | |||
Land | 1,000 | |||
Buildings and Improvements | 3,364 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,749 | |||
Land | 1,011 | |||
Buildings and Improvements | 5,102 | |||
Total | 6,113 | |||
Accumulated Depreciation 12/31/2015 | $ 1,668 | |||
13800 Senlac Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmers Branch, TX | |||
Encumbrances | $ 2,728 | |||
Land | 823 | |||
Buildings and Improvements | 4,042 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (83) | |||
Land | 825 | |||
Buildings and Improvements | 3,957 | |||
Total | 4,782 | |||
Accumulated Depreciation 12/31/2015 | $ 1,471 | |||
801-831 S Great Southwest Pkwy [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Land | $ 2,581 | |||
Buildings and Improvements | 16,556 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 147 | |||
Land | 2,586 | |||
Buildings and Improvements | 16,698 | |||
Total | 19,284 | |||
Accumulated Depreciation 12/31/2015 | $ 8,597 | |||
801 Heinz Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Encumbrances | $ 2,749 | |||
Land | 599 | |||
Buildings and Improvements | 3,327 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 315 | |||
Land | 601 | |||
Buildings and Improvements | 3,640 | |||
Total | 4,241 | |||
Accumulated Depreciation 12/31/2015 | $ 1,510 | |||
901-937 Heinz Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Encumbrances | $ 2,139 | |||
Land | 493 | |||
Buildings and Improvements | 2,758 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 48 | |||
Land | 481 | |||
Buildings and Improvements | 2,818 | |||
Total | 3,299 | |||
Accumulated Depreciation 12/31/2015 | $ 1,233 | |||
3301 Century Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Irving, TX | |||
Encumbrances | $ 2,045 | |||
Land | 760 | |||
Buildings and Improvements | 3,856 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (10) | |||
Land | 771 | |||
Buildings and Improvements | 3,835 | |||
Total | 4,606 | |||
Accumulated Depreciation 12/31/2015 | $ 988 | |||
3901 W Miller Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Garland, TX | |||
Land | $ 1,912 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 15,493 | |||
Land | 1,947 | |||
Buildings and Improvements | 15,458 | |||
Total | 17,405 | |||
Accumulated Depreciation 12/31/2015 | $ 3,591 | |||
One Two Five One North Cockrell Hill Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 2,064 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13,463 | |||
Land | 1,072 | |||
Buildings and Improvements | 14,455 | |||
Total | 15,527 | |||
Accumulated Depreciation 12/31/2015 | $ 260 | |||
One One Seven One North Cockrell Hill Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 1,215 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 9,541 | |||
Land | 632 | |||
Buildings and Improvements | 10,124 | |||
Total | 10,756 | |||
Accumulated Depreciation 12/31/2015 | $ 146 | |||
3996 Scientific Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Land | $ 1,301 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,344 | |||
Land | 1,349 | |||
Buildings and Improvements | 7,296 | |||
Total | 8,645 | |||
Accumulated Depreciation 12/31/2015 | $ 82 | |||
750 Gateway Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Coppell, TX | |||
Land | $ 1,452 | |||
Buildings and Improvements | 4,679 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 1,452 | |||
Buildings and Improvements | 4,679 | |||
Total | 6,131 | |||
Accumulated Depreciation 12/31/2015 | $ 41 | |||
47461 Clipper [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plymouth Township, MI | |||
Land | $ 122 | |||
Buildings and Improvements | 723 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 54 | |||
Land | 122 | |||
Buildings and Improvements | 777 | |||
Total | 899 | |||
Accumulated Depreciation 12/31/2015 | $ 431 | |||
449 Executive Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 125 | |||
Buildings and Improvements | 425 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,066 | |||
Land | 218 | |||
Buildings and Improvements | 1,398 | |||
Total | 1,616 | |||
Accumulated Depreciation 12/31/2015 | $ 1,293 | |||
501 Executive Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 71 | |||
Buildings and Improvements | 236 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 678 | |||
Land | 129 | |||
Buildings and Improvements | 856 | |||
Total | 985 | |||
Accumulated Depreciation 12/31/2015 | $ 692 | |||
451 Robbins Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 96 | |||
Buildings and Improvements | 448 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 934 | |||
Land | 192 | |||
Buildings and Improvements | 1,286 | |||
Total | 1,478 | |||
Accumulated Depreciation 12/31/2015 | $ 1,103 | |||
1416 Meijer Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 94 | |||
Buildings and Improvements | 394 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 399 | |||
Land | 121 | |||
Buildings and Improvements | 766 | |||
Total | 887 | |||
Accumulated Depreciation 12/31/2015 | $ 708 | |||
1624 Meijer Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 236 | |||
Buildings and Improvements | 1,406 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,093 | |||
Land | 373 | |||
Buildings and Improvements | 2,362 | |||
Total | 2,735 | |||
Accumulated Depreciation 12/31/2015 | $ 2,123 | |||
1972 Meijer Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 315 | |||
Buildings and Improvements | 1,301 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 787 | |||
Land | 372 | |||
Buildings and Improvements | 2,031 | |||
Total | 2,403 | |||
Accumulated Depreciation 12/31/2015 | $ 1,623 | |||
1707 Northwood Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 95 | |||
Buildings and Improvements | 262 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,724 | |||
Land | 239 | |||
Buildings and Improvements | 1,842 | |||
Total | 2,081 | |||
Accumulated Depreciation 12/31/2015 | $ 1,532 | |||
1788 Northwood Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 50 | |||
Buildings and Improvements | 196 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 483 | |||
Land | 103 | |||
Buildings and Improvements | 626 | |||
Total | 729 | |||
Accumulated Depreciation 12/31/2015 | $ 569 | |||
1826 Northwood Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 55 | |||
Buildings and Improvements | 208 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 472 | |||
Land | 103 | |||
Buildings and Improvements | 632 | |||
Total | 735 | |||
Accumulated Depreciation 12/31/2015 | $ 559 | |||
1864 Northwood Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 57 | |||
Buildings and Improvements | 190 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 489 | |||
Land | 107 | |||
Buildings and Improvements | 629 | |||
Total | 736 | |||
Accumulated Depreciation 12/31/2015 | $ 575 | |||
2451 Elliott Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 78 | |||
Buildings and Improvements | 319 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 733 | |||
Land | 164 | |||
Buildings and Improvements | 966 | |||
Total | 1,130 | |||
Accumulated Depreciation 12/31/2015 | $ 798 | |||
2730 Research Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 903 | |||
Buildings and Improvements | 4,215 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 829 | |||
Land | 903 | |||
Buildings and Improvements | 5,044 | |||
Total | 5,947 | |||
Accumulated Depreciation 12/31/2015 | $ 4,246 | |||
2791 Research Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 557 | |||
Buildings and Improvements | 2,731 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,018 | |||
Land | 560 | |||
Buildings and Improvements | 3,746 | |||
Total | 4,306 | |||
Accumulated Depreciation 12/31/2015 | $ 2,722 | |||
2871 Research Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 324 | |||
Buildings and Improvements | 1,487 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 403 | |||
Land | 327 | |||
Buildings and Improvements | 1,887 | |||
Total | 2,214 | |||
Accumulated Depreciation 12/31/2015 | $ 1,449 | |||
3011 Research Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 457 | |||
Buildings and Improvements | 2,104 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 492 | |||
Land | 457 | |||
Buildings and Improvements | 2,596 | |||
Total | 3,053 | |||
Accumulated Depreciation 12/31/2015 | $ 2,178 | |||
2870 Technology Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 275 | |||
Buildings and Improvements | 1,262 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 356 | |||
Land | 279 | |||
Buildings and Improvements | 1,614 | |||
Total | 1,893 | |||
Accumulated Depreciation 12/31/2015 | $ 1,331 | |||
2900 Technology Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 214 | |||
Buildings and Improvements | 977 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 513 | |||
Land | 219 | |||
Buildings and Improvements | 1,485 | |||
Total | 1,704 | |||
Accumulated Depreciation 12/31/2015 | $ 1,011 | |||
2930 Technology Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 131 | |||
Buildings and Improvements | 594 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 435 | |||
Land | 138 | |||
Buildings and Improvements | 1,022 | |||
Total | 1,160 | |||
Accumulated Depreciation 12/31/2015 | $ 731 | |||
2950 Technology Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 178 | |||
Buildings and Improvements | 819 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 368 | |||
Land | 185 | |||
Buildings and Improvements | 1,180 | |||
Total | 1,365 | |||
Accumulated Depreciation 12/31/2015 | $ 848 | |||
23014 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 39 | |||
Buildings and Improvements | 203 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 189 | |||
Land | 56 | |||
Buildings and Improvements | 375 | |||
Total | 431 | |||
Accumulated Depreciation 12/31/2015 | $ 337 | |||
23028 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 98 | |||
Buildings and Improvements | 507 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 278 | |||
Land | 125 | |||
Buildings and Improvements | 758 | |||
Total | 883 | |||
Accumulated Depreciation 12/31/2015 | $ 709 | |||
23035 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 71 | |||
Buildings and Improvements | 355 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 237 | |||
Land | 93 | |||
Buildings and Improvements | 570 | |||
Total | 663 | |||
Accumulated Depreciation 12/31/2015 | $ 531 | |||
23042 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 67 | |||
Buildings and Improvements | 277 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 273 | |||
Land | 89 | |||
Buildings and Improvements | 528 | |||
Total | 617 | |||
Accumulated Depreciation 12/31/2015 | $ 501 | |||
23065 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 71 | |||
Buildings and Improvements | 408 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 338 | |||
Land | 93 | |||
Buildings and Improvements | 724 | |||
Total | 817 | |||
Accumulated Depreciation 12/31/2015 | $ 620 | |||
23079 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 68 | |||
Buildings and Improvements | 301 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 330 | |||
Land | 79 | |||
Buildings and Improvements | 620 | |||
Total | 699 | |||
Accumulated Depreciation 12/31/2015 | $ 537 | |||
23093 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 211 | |||
Buildings and Improvements | 1,024 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,337 | |||
Land | 295 | |||
Buildings and Improvements | 2,277 | |||
Total | 2,572 | |||
Accumulated Depreciation 12/31/2015 | $ 1,808 | |||
23135 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 146 | |||
Buildings and Improvements | 701 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 310 | |||
Land | 158 | |||
Buildings and Improvements | 999 | |||
Total | 1,157 | |||
Accumulated Depreciation 12/31/2015 | $ 861 | |||
23163 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 111 | |||
Buildings and Improvements | 513 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 396 | |||
Land | 138 | |||
Buildings and Improvements | 882 | |||
Total | 1,020 | |||
Accumulated Depreciation 12/31/2015 | $ 734 | |||
23177 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 175 | |||
Buildings and Improvements | 1,007 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 677 | |||
Land | 254 | |||
Buildings and Improvements | 1,605 | |||
Total | 1,859 | |||
Accumulated Depreciation 12/31/2015 | $ 1,344 | |||
23206 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 125 | |||
Buildings and Improvements | 531 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 367 | |||
Land | 137 | |||
Buildings and Improvements | 886 | |||
Total | 1,023 | |||
Accumulated Depreciation 12/31/2015 | $ 763 | |||
23370 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmington Hills, MI | |||
Land | $ 59 | |||
Buildings and Improvements | 233 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 209 | |||
Land | 66 | |||
Buildings and Improvements | 435 | |||
Total | 501 | |||
Accumulated Depreciation 12/31/2015 | $ 375 | |||
1451 East Lincoln Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Madison Heights, MI | |||
Land | $ 299 | |||
Buildings and Improvements | 1,703 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (179) | |||
Land | 148 | |||
Buildings and Improvements | 1,675 | |||
Total | 1,823 | |||
Accumulated Depreciation 12/31/2015 | $ 907 | |||
4400 Purks Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Auburn Hills, MI | |||
Land | $ 602 | |||
Buildings and Improvements | 3,410 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,305 | |||
Land | 612 | |||
Buildings and Improvements | 6,705 | |||
Total | 7,317 | |||
Accumulated Depreciation 12/31/2015 | $ 3,225 | |||
32450 N Avis Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Madison Heights, MI | |||
Land | $ 281 | |||
Buildings and Improvements | 1,590 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 342 | |||
Land | 286 | |||
Buildings and Improvements | 1,927 | |||
Total | 2,213 | |||
Accumulated Depreciation 12/31/2015 | $ 914 | |||
12707 Eckles Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plymouth Township, MI | |||
Land | $ 255 | |||
Buildings and Improvements | 1,445 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 220 | |||
Land | 267 | |||
Buildings and Improvements | 1,653 | |||
Total | 1,920 | |||
Accumulated Depreciation 12/31/2015 | $ 770 | |||
32975 Capitol Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 135 | |||
Buildings and Improvements | 748 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (166) | |||
Land | 77 | |||
Buildings and Improvements | 640 | |||
Total | 717 | |||
Accumulated Depreciation 12/31/2015 | $ 334 | |||
32920 Capitol Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 76 | |||
Buildings and Improvements | 422 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (62) | |||
Land | 27 | |||
Buildings and Improvements | 409 | |||
Total | 436 | |||
Accumulated Depreciation 12/31/2015 | $ 237 | |||
11923 Brookfield Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 120 | |||
Buildings and Improvements | 665 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (321) | |||
Land | 32 | |||
Buildings and Improvements | 432 | |||
Total | 464 | |||
Accumulated Depreciation 12/31/2015 | $ 280 | |||
450 Robbins Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 166 | |||
Buildings and Improvements | 920 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 219 | |||
Land | 178 | |||
Buildings and Improvements | 1,127 | |||
Total | 1,305 | |||
Accumulated Depreciation 12/31/2015 | $ 486 | |||
12886 Westmore Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 190 | |||
Buildings and Improvements | 1,050 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (351) | |||
Land | 86 | |||
Buildings and Improvements | 803 | |||
Total | 889 | |||
Accumulated Depreciation 12/31/2015 | $ 460 | |||
47711 Clipper Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plymouth Township, MI | |||
Land | $ 539 | |||
Buildings and Improvements | 2,983 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 460 | |||
Land | 575 | |||
Buildings and Improvements | 3,407 | |||
Total | 3,982 | |||
Accumulated Depreciation 12/31/2015 | $ 1,425 | |||
32975 Industrial Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 160 | |||
Buildings and Improvements | 887 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (175) | |||
Land | 92 | |||
Buildings and Improvements | 780 | |||
Total | 872 | |||
Accumulated Depreciation 12/31/2015 | $ 401 | |||
32995 Industrial Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 160 | |||
Buildings and Improvements | 887 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (414) | |||
Land | 53 | |||
Buildings and Improvements | 580 | |||
Total | 633 | |||
Accumulated Depreciation 12/31/2015 | $ 364 | |||
12874 Westmore Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 137 | |||
Buildings and Improvements | 761 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (302) | |||
Land | 58 | |||
Buildings and Improvements | 538 | |||
Total | 596 | |||
Accumulated Depreciation 12/31/2015 | $ 311 | |||
1775 Bellingham [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 344 | |||
Buildings and Improvements | 1,902 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 329 | |||
Land | 367 | |||
Buildings and Improvements | 2,208 | |||
Total | 2,575 | |||
Accumulated Depreciation 12/31/2015 | $ 951 | |||
1785 East Maple [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 92 | |||
Buildings and Improvements | 507 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 200 | |||
Land | 98 | |||
Buildings and Improvements | 701 | |||
Total | 799 | |||
Accumulated Depreciation 12/31/2015 | $ 278 | |||
980 Chicago [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 206 | |||
Buildings and Improvements | 1,141 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 333 | |||
Land | 220 | |||
Buildings and Improvements | 1,460 | |||
Total | 1,680 | |||
Accumulated Depreciation 12/31/2015 | $ 579 | |||
1885 Enterprise Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 209 | |||
Buildings and Improvements | 1,158 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 589 | |||
Land | 223 | |||
Buildings and Improvements | 1,733 | |||
Total | 1,956 | |||
Accumulated Depreciation 12/31/2015 | $ 656 | |||
1935-55 Enterprise Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 1,285 | |||
Buildings and Improvements | 7,144 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,258 | |||
Land | 1,371 | |||
Buildings and Improvements | 8,316 | |||
Total | 9,687 | |||
Accumulated Depreciation 12/31/2015 | $ 3,451 | |||
5500 Enterprise Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Warren, MI | |||
Land | $ 675 | |||
Buildings and Improvements | 3,737 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 750 | |||
Land | 721 | |||
Buildings and Improvements | 4,441 | |||
Total | 5,162 | |||
Accumulated Depreciation 12/31/2015 | $ 1,867 | |||
750 Chicago Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 323 | |||
Buildings and Improvements | 1,790 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 392 | |||
Land | 345 | |||
Buildings and Improvements | 2,160 | |||
Total | 2,505 | |||
Accumulated Depreciation 12/31/2015 | $ 936 | |||
800 Chicago Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 283 | |||
Buildings and Improvements | 1,567 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 380 | |||
Land | 302 | |||
Buildings and Improvements | 1,928 | |||
Total | 2,230 | |||
Accumulated Depreciation 12/31/2015 | $ 812 | |||
850 Chicago Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 183 | |||
Buildings and Improvements | 1,016 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 218 | |||
Land | 196 | |||
Buildings and Improvements | 1,221 | |||
Total | 1,417 | |||
Accumulated Depreciation 12/31/2015 | $ 524 | |||
1100 East Mandoline Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Madison Heights, MI | |||
Land | $ 888 | |||
Buildings and Improvements | 4,915 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (1,243) | |||
Land | 332 | |||
Buildings and Improvements | 4,228 | |||
Total | 4,560 | |||
Accumulated Depreciation 12/31/2015 | $ 2,545 | |||
1080, 1120, 1180 John Papalas Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lincoln Park, MI | |||
Land | $ 366 | |||
Buildings and Improvements | 3,241 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 627 | |||
Land | 297 | |||
Buildings and Improvements | 3,937 | |||
Total | 4,234 | |||
Accumulated Depreciation 12/31/2015 | $ 2,080 | |||
4872 S. Lapeer Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lake Orion Twsp, MI | |||
Land | $ 1,342 | |||
Buildings and Improvements | 5,441 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,214 | |||
Land | 1,412 | |||
Buildings and Improvements | 6,585 | |||
Total | 7,997 | |||
Accumulated Depreciation 12/31/2015 | $ 2,869 | |||
1400 Allen Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 209 | |||
Buildings and Improvements | 1,154 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 380 | |||
Land | 212 | |||
Buildings and Improvements | 1,531 | |||
Total | 1,743 | |||
Accumulated Depreciation 12/31/2015 | $ 500 | |||
1408 Allen Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 151 | |||
Buildings and Improvements | 834 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 121 | |||
Land | 153 | |||
Buildings and Improvements | 953 | |||
Total | 1,106 | |||
Accumulated Depreciation 12/31/2015 | $ 347 | |||
32505 Industrial Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Madison Heights, MI | |||
Land | $ 345 | |||
Buildings and Improvements | 1,910 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 107 | |||
Land | 351 | |||
Buildings and Improvements | 2,011 | |||
Total | 2,362 | |||
Accumulated Depreciation 12/31/2015 | $ 745 | |||
1799-1855 Northfield Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rochester Hills, MI | |||
Land | $ 481 | |||
Buildings and Improvements | 2,665 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 364 | |||
Land | 490 | |||
Buildings and Improvements | 3,020 | |||
Total | 3,510 | |||
Accumulated Depreciation 12/31/2015 | $ 1,153 | |||
28435 Automation Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wixom, MI | |||
Land | $ 621 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,664 | |||
Land | 628 | |||
Buildings and Improvements | 3,657 | |||
Total | 4,285 | |||
Accumulated Depreciation 12/31/2015 | $ 1,011 | |||
32200 N Avis Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Madison Heights, MI | |||
Land | $ 503 | |||
Buildings and Improvements | 3,367 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (1,591) | |||
Land | 195 | |||
Buildings and Improvements | 2,084 | |||
Total | 2,279 | |||
Accumulated Depreciation 12/31/2015 | $ 753 | |||
100 Kay Industrial Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orion Township, MI | |||
Land | $ 677 | |||
Buildings and Improvements | 2,018 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 177 | |||
Land | 685 | |||
Buildings and Improvements | 2,187 | |||
Total | 2,872 | |||
Accumulated Depreciation 12/31/2015 | $ 987 | |||
11800 Sears Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Livonia, MI | |||
Land | $ 693 | |||
Buildings and Improvements | 1,507 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,212 | |||
Land | 476 | |||
Buildings and Improvements | 2,936 | |||
Total | 3,412 | |||
Accumulated Depreciation 12/31/2015 | $ 1,591 | |||
1099 Chicago Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Troy, MI | |||
Land | $ 1,277 | |||
Buildings and Improvements | 1,332 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (1,134) | |||
Land | 303 | |||
Buildings and Improvements | 1,172 | |||
Total | 1,475 | |||
Accumulated Depreciation 12/31/2015 | $ 506 | |||
42555 Merrill Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sterling Heights, MI | |||
Land | $ 1,080 | |||
Buildings and Improvements | 2,300 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,487 | |||
Land | 1,090 | |||
Buildings and Improvements | 5,777 | |||
Total | 6,867 | |||
Accumulated Depreciation 12/31/2015 | $ 2,223 | |||
200 Northpointe Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orion Township, MI | |||
Land | $ 723 | |||
Buildings and Improvements | 2,063 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 36 | |||
Land | 734 | |||
Buildings and Improvements | 2,088 | |||
Total | 2,822 | |||
Accumulated Depreciation 12/31/2015 | $ 989 | |||
3351 Rauch St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 272 | |||
Buildings and Improvements | 1,541 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 560 | |||
Land | 278 | |||
Buildings and Improvements | 2,095 | |||
Total | 2,373 | |||
Accumulated Depreciation 12/31/2015 | $ 819 | |||
3801-3851 Yale St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,360 | |||
Land | 413 | |||
Buildings and Improvements | 2,343 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 952 | |||
Land | 425 | |||
Buildings and Improvements | 3,283 | |||
Total | 3,708 | |||
Accumulated Depreciation 12/31/2015 | $ 1,236 | |||
3337-3347 Rauch Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 227 | |||
Buildings and Improvements | 1,287 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 440 | |||
Land | 233 | |||
Buildings and Improvements | 1,721 | |||
Total | 1,954 | |||
Accumulated Depreciation 12/31/2015 | $ 696 | |||
8505 N Loop East [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 1,555 | |||
Land | 439 | |||
Buildings and Improvements | 2,489 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 574 | |||
Land | 449 | |||
Buildings and Improvements | 3,053 | |||
Total | 3,502 | |||
Accumulated Depreciation 12/31/2015 | $ 1,303 | |||
4749-4799 Eastpark Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,342 | |||
Land | 594 | |||
Buildings and Improvements | 3,368 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,313 | |||
Land | 611 | |||
Buildings and Improvements | 4,664 | |||
Total | 5,275 | |||
Accumulated Depreciation 12/31/2015 | $ 2,034 | |||
4851 Homestead Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,958 | |||
Land | 491 | |||
Buildings and Improvements | 2,782 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,552 | |||
Land | 504 | |||
Buildings and Improvements | 4,321 | |||
Total | 4,825 | |||
Accumulated Depreciation 12/31/2015 | $ 1,852 | |||
3365-3385 Rauch Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 1,493 | |||
Land | 284 | |||
Buildings and Improvements | 1,611 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 451 | |||
Land | 290 | |||
Buildings and Improvements | 2,056 | |||
Total | 2,346 | |||
Accumulated Depreciation 12/31/2015 | $ 823 | |||
5050 Campbell Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 1,812 | |||
Land | 461 | |||
Buildings and Improvements | 2,610 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,009 | |||
Land | 470 | |||
Buildings and Improvements | 3,610 | |||
Total | 4,080 | |||
Accumulated Depreciation 12/31/2015 | $ 1,433 | |||
4300 Pine Timbers [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,291 | |||
Land | 489 | |||
Buildings and Improvements | 2,769 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 758 | |||
Land | 499 | |||
Buildings and Improvements | 3,517 | |||
Total | 4,016 | |||
Accumulated Depreciation 12/31/2015 | $ 1,594 | |||
2500-2530 Fairway Park Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 3,161 | |||
Land | 766 | |||
Buildings and Improvements | 4,342 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,011 | |||
Land | 792 | |||
Buildings and Improvements | 6,327 | |||
Total | 7,119 | |||
Accumulated Depreciation 12/31/2015 | $ 2,565 | |||
6550 Longpointe [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 1,508 | |||
Land | 362 | |||
Buildings and Improvements | 2,050 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 985 | |||
Land | 370 | |||
Buildings and Improvements | 3,027 | |||
Total | 3,397 | |||
Accumulated Depreciation 12/31/2015 | $ 1,193 | |||
1815 Turning Basin Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,056 | |||
Land | 487 | |||
Buildings and Improvements | 2,761 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,384 | |||
Land | 531 | |||
Buildings and Improvements | 4,101 | |||
Total | 4,632 | |||
Accumulated Depreciation 12/31/2015 | $ 1,598 | |||
1819 Turning Basin Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 231 | |||
Buildings and Improvements | 1,308 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 872 | |||
Land | 251 | |||
Buildings and Improvements | 2,160 | |||
Total | 2,411 | |||
Accumulated Depreciation 12/31/2015 | $ 827 | |||
1805 Turning Basin Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,774 | |||
Land | 564 | |||
Buildings and Improvements | 3,197 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,488 | |||
Land | 616 | |||
Buildings and Improvements | 5,633 | |||
Total | 6,249 | |||
Accumulated Depreciation 12/31/2015 | $ 1,961 | |||
9835A Genard Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 1,505 | |||
Buildings and Improvements | 8,333 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,308 | |||
Land | 1,581 | |||
Buildings and Improvements | 11,565 | |||
Total | 13,146 | |||
Accumulated Depreciation 12/31/2015 | $ 4,301 | |||
9835B Genard Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 245 | |||
Buildings and Improvements | 1,357 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 644 | |||
Land | 256 | |||
Buildings and Improvements | 1,990 | |||
Total | 2,246 | |||
Accumulated Depreciation 12/31/2015 | $ 739 | |||
11505 State Highway 225 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | La Porte, TX | |||
Land | $ 940 | |||
Buildings and Improvements | 4,675 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 606 | |||
Land | 940 | |||
Buildings and Improvements | 5,281 | |||
Total | 6,221 | |||
Accumulated Depreciation 12/31/2015 | $ 2,036 | |||
1500 E. Main Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | La Porte, TX | |||
Land | $ 201 | |||
Buildings and Improvements | 1,328 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (91) | |||
Land | 204 | |||
Buildings and Improvements | 1,234 | |||
Total | 1,438 | |||
Accumulated Depreciation 12/31/2015 | $ 886 | |||
7230-7238 Wynnwood [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 254 | |||
Buildings and Improvements | 764 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 176 | |||
Land | 259 | |||
Buildings and Improvements | 935 | |||
Total | 1,194 | |||
Accumulated Depreciation 12/31/2015 | $ 407 | |||
7240-7248 Wynnwood [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 271 | |||
Buildings and Improvements | 726 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 31 | |||
Land | 276 | |||
Buildings and Improvements | 752 | |||
Total | 1,028 | |||
Accumulated Depreciation 12/31/2015 | $ 377 | |||
7250-7260 Wynnwood [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 200 | |||
Buildings and Improvements | 481 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 166 | |||
Land | 203 | |||
Buildings and Improvements | 644 | |||
Total | 847 | |||
Accumulated Depreciation 12/31/2015 | $ 265 | |||
6400 Long Point [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 188 | |||
Buildings and Improvements | 898 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 174 | |||
Land | 188 | |||
Buildings and Improvements | 1,072 | |||
Total | 1,260 | |||
Accumulated Depreciation 12/31/2015 | $ 340 | |||
7967 Blankenship [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 307 | |||
Buildings and Improvements | 1,166 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 337 | |||
Land | 307 | |||
Buildings and Improvements | 1,503 | |||
Total | 1,810 | |||
Accumulated Depreciation 12/31/2015 | $ 449 | |||
8800 City Park Look East [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 3,717 | |||
Buildings and Improvements | 19,237 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (784) | |||
Land | 3,717 | |||
Buildings and Improvements | 18,453 | |||
Total | 22,170 | |||
Accumulated Depreciation 12/31/2015 | $ 3,311 | |||
4800 West Greens Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 3,350 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 14,822 | |||
Land | 3,264 | |||
Buildings and Improvements | 14,908 | |||
Total | 18,172 | |||
Accumulated Depreciation 12/31/2015 | $ 439 | |||
Six One One East Sam Houston Parkway S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pasadena, TX | |||
Land | $ 1,970 | |||
Buildings and Improvements | 7,755 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1 | |||
Land | 1,970 | |||
Buildings and Improvements | 7,756 | |||
Total | 9,726 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
Six One Nine Sam Houston Parkway S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pasadena, TX | |||
Land | $ 2,879 | |||
Buildings and Improvements | 11,972 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1 | |||
Land | 2,880 | |||
Buildings and Improvements | 11,972 | |||
Total | 14,852 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
2900 N Shadeland Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 2,057 | |||
Buildings and Improvements | 13,565 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,392 | |||
Land | 2,057 | |||
Buildings and Improvements | 18,957 | |||
Total | 21,014 | |||
Accumulated Depreciation 12/31/2015 | $ 8,140 | |||
1445 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 459 | |||
Buildings and Improvements | 2,603 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,076 | |||
Land | 476 | |||
Buildings and Improvements | 3,662 | |||
Total | 4,138 | |||
Accumulated Depreciation 12/31/2015 | $ 1,612 | |||
1440 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Encumbrances | $ 3,074 | |||
Land | 665 | |||
Buildings and Improvements | 3,770 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 954 | |||
Land | 685 | |||
Buildings and Improvements | 4,704 | |||
Total | 5,389 | |||
Accumulated Depreciation 12/31/2015 | $ 2,161 | |||
1240 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 247 | |||
Buildings and Improvements | 1,402 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 373 | |||
Land | 258 | |||
Buildings and Improvements | 1,764 | |||
Total | 2,022 | |||
Accumulated Depreciation 12/31/2015 | $ 833 | |||
1345 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 586 | |||
Buildings and Improvements | 3,321 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,517 | |||
Land | 601 | |||
Buildings and Improvements | 4,823 | |||
Total | 5,424 | |||
Accumulated Depreciation 12/31/2015 | $ 2,058 | |||
1350 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 205 | |||
Buildings and Improvements | 1,161 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 253 | |||
Land | 212 | |||
Buildings and Improvements | 1,407 | |||
Total | 1,619 | |||
Accumulated Depreciation 12/31/2015 | $ 680 | |||
1341 Sadlier Circle South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 131 | |||
Buildings and Improvements | 743 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 207 | |||
Land | 136 | |||
Buildings and Improvements | 945 | |||
Total | 1,081 | |||
Accumulated Depreciation 12/31/2015 | $ 443 | |||
1322-1438 Sadlier Circle East [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 145 | |||
Buildings and Improvements | 822 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 291 | |||
Land | 152 | |||
Buildings and Improvements | 1,106 | |||
Total | 1,258 | |||
Accumulated Depreciation 12/31/2015 | $ 521 | |||
1327-1441 Sadlier Circle West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 218 | |||
Buildings and Improvements | 1,234 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 621 | |||
Land | 225 | |||
Buildings and Improvements | 1,848 | |||
Total | 2,073 | |||
Accumulated Depreciation 12/31/2015 | $ 806 | |||
1402-1430 Sadlier Circle West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 165 | |||
Buildings and Improvements | 934 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 390 | |||
Land | 171 | |||
Buildings and Improvements | 1,318 | |||
Total | 1,489 | |||
Accumulated Depreciation 12/31/2015 | $ 621 | |||
1504 Sadlier Circle South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 219 | |||
Buildings and Improvements | 1,238 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (104) | |||
Land | 115 | |||
Buildings and Improvements | 1,238 | |||
Total | 1,353 | |||
Accumulated Depreciation 12/31/2015 | $ 793 | |||
1365-1367 Sadlier Way Circle East [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 121 | |||
Buildings and Improvements | 688 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 194 | |||
Land | 91 | |||
Buildings and Improvements | 912 | |||
Total | 1,003 | |||
Accumulated Depreciation 12/31/2015 | $ 436 | |||
1352-1354 Sadlier Circle West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 178 | |||
Buildings and Improvements | 1,008 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 241 | |||
Land | 166 | |||
Buildings and Improvements | 1,261 | |||
Total | 1,427 | |||
Accumulated Depreciation 12/31/2015 | $ 575 | |||
1335 Sadlier Circle East [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 81 | |||
Buildings and Improvements | 460 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 207 | |||
Land | 85 | |||
Buildings and Improvements | 663 | |||
Total | 748 | |||
Accumulated Depreciation 12/31/2015 | $ 314 | |||
1425 Sadlier Circle West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 21 | |||
Buildings and Improvements | 117 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 41 | |||
Land | 23 | |||
Buildings and Improvements | 156 | |||
Total | 179 | |||
Accumulated Depreciation 12/31/2015 | $ 72 | |||
6951 East 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 256 | |||
Buildings and Improvements | 1,449 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 229 | |||
Land | 265 | |||
Buildings and Improvements | 1,669 | |||
Total | 1,934 | |||
Accumulated Depreciation 12/31/2015 | $ 800 | |||
6701 East 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 78 | |||
Buildings and Improvements | 443 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 98 | |||
Land | 82 | |||
Buildings and Improvements | 537 | |||
Total | 619 | |||
Accumulated Depreciation 12/31/2015 | $ 264 | |||
6737 East 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Encumbrances | $ 1,848 | |||
Land | 385 | |||
Buildings and Improvements | 2,181 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 283 | |||
Land | 398 | |||
Buildings and Improvements | 2,451 | |||
Total | 2,849 | |||
Accumulated Depreciation 12/31/2015 | $ 1,154 | |||
6555 East 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 484 | |||
Buildings and Improvements | 4,760 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,416 | |||
Land | 484 | |||
Buildings and Improvements | 7,176 | |||
Total | 7,660 | |||
Accumulated Depreciation 12/31/2015 | $ 3,062 | |||
7901 West 21st St. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 1,048 | |||
Buildings and Improvements | 6,027 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 328 | |||
Land | 1,048 | |||
Buildings and Improvements | 6,355 | |||
Total | 7,403 | |||
Accumulated Depreciation 12/31/2015 | $ 2,808 | |||
1225 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 60 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 417 | |||
Land | 68 | |||
Buildings and Improvements | 409 | |||
Total | 477 | |||
Accumulated Depreciation 12/31/2015 | $ 183 | |||
6751 E 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Encumbrances | $ 2,544 | |||
Land | 728 | |||
Buildings and Improvements | 2,837 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 359 | |||
Land | 741 | |||
Buildings and Improvements | 3,183 | |||
Total | 3,924 | |||
Accumulated Depreciation 12/31/2015 | $ 1,393 | |||
6575 East 30th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Encumbrances | $ 1,369 | |||
Land | 118 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,994 | |||
Land | 128 | |||
Buildings and Improvements | 1,984 | |||
Total | 2,112 | |||
Accumulated Depreciation 12/31/2015 | $ 820 | |||
6585 East 30th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Encumbrances | $ 2,214 | |||
Land | 196 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,219 | |||
Land | 196 | |||
Buildings and Improvements | 3,219 | |||
Total | 3,415 | |||
Accumulated Depreciation 12/31/2015 | $ 1,365 | |||
5705-97 Park Plaza Ct. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 600 | |||
Buildings and Improvements | 2,194 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 847 | |||
Land | 609 | |||
Buildings and Improvements | 3,032 | |||
Total | 3,641 | |||
Accumulated Depreciation 12/31/2015 | $ 1,137 | |||
9319-9341 Castlegate Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 530 | |||
Buildings and Improvements | 1,235 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 717 | |||
Land | 544 | |||
Buildings and Improvements | 1,938 | |||
Total | 2,482 | |||
Accumulated Depreciation 12/31/2015 | $ 729 | |||
1133 Northwest L Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richmond, IN | |||
Land | $ 201 | |||
Buildings and Improvements | 1,358 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (143) | |||
Land | 208 | |||
Buildings and Improvements | 1,208 | |||
Total | 1,416 | |||
Accumulated Depreciation 12/31/2015 | $ 711 | |||
14425 Bergen Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Noblesville, IN | |||
Land | $ 647 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,693 | |||
Land | 743 | |||
Buildings and Improvements | 3,597 | |||
Total | 4,340 | |||
Accumulated Depreciation 12/31/2015 | $ 759 | |||
4700 NW 15th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ft. Lauderdale, FL | |||
Land | $ 908 | |||
Buildings and Improvements | 1,883 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 132 | |||
Land | 912 | |||
Buildings and Improvements | 2,011 | |||
Total | 2,923 | |||
Accumulated Depreciation 12/31/2015 | $ 714 | |||
4710 NW 15th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ft. Lauderdale, FL | |||
Land | $ 830 | |||
Buildings and Improvements | 2,722 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 62 | |||
Land | 834 | |||
Buildings and Improvements | 2,780 | |||
Total | 3,614 | |||
Accumulated Depreciation 12/31/2015 | $ 683 | |||
4720 NW 15th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ft. Lauderdale, FL | |||
Land | $ 937 | |||
Buildings and Improvements | 2,455 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 335 | |||
Land | 942 | |||
Buildings and Improvements | 2,785 | |||
Total | 3,727 | |||
Accumulated Depreciation 12/31/2015 | $ 820 | |||
4740 NW 15th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ft. Lauderdale, FL | |||
Land | $ 1,107 | |||
Buildings and Improvements | 3,111 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 17 | |||
Land | 1,112 | |||
Buildings and Improvements | 3,123 | |||
Total | 4,235 | |||
Accumulated Depreciation 12/31/2015 | $ 779 | |||
4750 NW 15th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ft. Lauderdale, FL | |||
Land | $ 947 | |||
Buildings and Improvements | 3,079 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 412 | |||
Land | 951 | |||
Buildings and Improvements | 3,487 | |||
Total | 4,438 | |||
Accumulated Depreciation 12/31/2015 | $ 897 | |||
4800 NW 15th Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ft. Lauderdale, FL | |||
Land | $ 1,092 | |||
Buildings and Improvements | 3,308 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 179 | |||
Land | 1,097 | |||
Buildings and Improvements | 3,482 | |||
Total | 4,579 | |||
Accumulated Depreciation 12/31/2015 | $ 880 | |||
Medley Industrial Center [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Medley, FL | |||
Land | $ 857 | |||
Buildings and Improvements | 3,428 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,158 | |||
Land | 864 | |||
Buildings and Improvements | 7,579 | |||
Total | 8,443 | |||
Accumulated Depreciation 12/31/2015 | $ 2,052 | |||
12601 &12605 NW 115th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Medley, FL | |||
Land | $ 2,316 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 449 | |||
Land | 762 | |||
Buildings and Improvements | 2,003 | |||
Total | 2,765 | |||
Accumulated Depreciation 12/31/2015 | $ 333 | |||
N25 W23255 Paul Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pewaukee, WI | |||
Land | $ 569 | |||
Buildings and Improvements | 3,270 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,836 | |||
Land | 450 | |||
Buildings and Improvements | 5,225 | |||
Total | 5,675 | |||
Accumulated Depreciation 12/31/2015 | $ 2,148 | |||
5355 South Westridge Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 4,467 | |||
Land | 1,630 | |||
Buildings and Improvements | 7,058 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (105) | |||
Land | 1,646 | |||
Buildings and Improvements | 6,937 | |||
Total | 8,583 | |||
Accumulated Depreciation 12/31/2015 | $ 1,804 | |||
320-334 W. Vogel Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Milwaukee, WI | |||
Land | $ 506 | |||
Buildings and Improvements | 3,199 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (110) | |||
Land | 508 | |||
Buildings and Improvements | 3,087 | |||
Total | 3,595 | |||
Accumulated Depreciation 12/31/2015 | $ 1,625 | |||
4950 South 6th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Milwaukee, WI | |||
Land | $ 299 | |||
Buildings and Improvements | 1,565 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 273 | |||
Land | 301 | |||
Buildings and Improvements | 1,836 | |||
Total | 2,137 | |||
Accumulated Depreciation 12/31/2015 | $ 1,173 | |||
17005 W. Ryerson Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 2,454 | |||
Land | 403 | |||
Buildings and Improvements | 3,647 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 251 | |||
Land | 405 | |||
Buildings and Improvements | 3,896 | |||
Total | 4,301 | |||
Accumulated Depreciation 12/31/2015 | $ 1,753 | |||
W140 N9059 Lilly Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Menomonee Falls, WI | |||
Land | $ 343 | |||
Buildings and Improvements | 1,153 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 106 | |||
Land | 366 | |||
Buildings and Improvements | 1,236 | |||
Total | 1,602 | |||
Accumulated Depreciation 12/31/2015 | $ 455 | |||
200 W. Vogel Avenue-Bldg B [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Milwaukee, WI | |||
Land | $ 301 | |||
Buildings and Improvements | 2,150 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 62 | |||
Land | 302 | |||
Buildings and Improvements | 2,211 | |||
Total | 2,513 | |||
Accumulated Depreciation 12/31/2015 | $ 1,135 | |||
4921 S. 2nd Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Milwaukee, WI | |||
Land | $ 101 | |||
Buildings and Improvements | 713 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (276) | |||
Land | 58 | |||
Buildings and Improvements | 480 | |||
Total | 538 | |||
Accumulated Depreciation 12/31/2015 | $ 262 | |||
1500 Peebles Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Center, WI | |||
Land | $ 1,577 | |||
Buildings and Improvements | 1,018 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (441) | |||
Land | 1,528 | |||
Buildings and Improvements | 626 | |||
Total | 2,154 | |||
Accumulated Depreciation 12/31/2015 | $ 561 | |||
16600 West Glendale Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 2,181 | |||
Land | 704 | |||
Buildings and Improvements | 1,923 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 932 | |||
Land | 715 | |||
Buildings and Improvements | 2,844 | |||
Total | 3,559 | |||
Accumulated Depreciation 12/31/2015 | $ 1,701 | |||
2485 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 1,306 | |||
Land | 483 | |||
Buildings and Improvements | 1,516 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 131 | |||
Land | 491 | |||
Buildings and Improvements | 1,639 | |||
Total | 2,130 | |||
Accumulated Depreciation 12/31/2015 | $ 852 | |||
N58W15380 Shawn Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Menomonee Falls, WI | |||
Land | $ 1,188 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 16,931 | |||
Land | 1,204 | |||
Buildings and Improvements | 16,915 | |||
Total | 18,119 | |||
Accumulated Depreciation 12/31/2015 | $ 3,556 | |||
6201 West 111th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bloomington, MN | |||
Encumbrances | $ 2,931 | |||
Land | 1,358 | |||
Buildings and Improvements | 8,622 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13,466 | |||
Land | 1,519 | |||
Buildings and Improvements | 21,927 | |||
Total | 23,446 | |||
Accumulated Depreciation 12/31/2015 | $ 11,841 | |||
7101 Winnetka Avenue North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Brooklyn Park, MN | |||
Encumbrances | $ 5,538 | |||
Land | 2,195 | |||
Buildings and Improvements | 6,084 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,195 | |||
Land | 2,228 | |||
Buildings and Improvements | 10,246 | |||
Total | 12,474 | |||
Accumulated Depreciation 12/31/2015 | $ 7,394 | |||
9901 West 74th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Encumbrances | $ 3,333 | |||
Land | 621 | |||
Buildings and Improvements | 3,289 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,598 | |||
Land | 639 | |||
Buildings and Improvements | 6,869 | |||
Total | 7,508 | |||
Accumulated Depreciation 12/31/2015 | $ 5,630 | |||
1030 Lone Oak Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eagan, MN | |||
Encumbrances | $ 2,407 | |||
Land | 456 | |||
Buildings and Improvements | 2,703 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 767 | |||
Land | 456 | |||
Buildings and Improvements | 3,470 | |||
Total | 3,926 | |||
Accumulated Depreciation 12/31/2015 | $ 1,722 | |||
1060 Lone Oak Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eagan, MN | |||
Encumbrances | $ 3,046 | |||
Land | 624 | |||
Buildings and Improvements | 3,700 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 645 | |||
Land | 624 | |||
Buildings and Improvements | 4,345 | |||
Total | 4,969 | |||
Accumulated Depreciation 12/31/2015 | $ 2,255 | |||
5400 Nathan Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plymouth, MN | |||
Encumbrances | $ 2,684 | |||
Land | 749 | |||
Buildings and Improvements | 4,461 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 835 | |||
Land | 757 | |||
Buildings and Improvements | 5,288 | |||
Total | 6,045 | |||
Accumulated Depreciation 12/31/2015 | $ 2,640 | |||
6655 Wedgewood Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Maple Grove, MN | |||
Land | $ 1,466 | |||
Buildings and Improvements | 8,342 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,591 | |||
Land | 1,466 | |||
Buildings and Improvements | 13,933 | |||
Total | 15,399 | |||
Accumulated Depreciation 12/31/2015 | $ 5,897 | |||
10120 W 76th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Land | $ 315 | |||
Buildings and Improvements | 1,804 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,962 | |||
Land | 315 | |||
Buildings and Improvements | 3,766 | |||
Total | 4,081 | |||
Accumulated Depreciation 12/31/2015 | $ 2,251 | |||
12155 Nicollet Ave. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Burnsville, MN | |||
Land | $ 286 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,957 | |||
Land | 288 | |||
Buildings and Improvements | 1,955 | |||
Total | 2,243 | |||
Accumulated Depreciation 12/31/2015 | $ 868 | |||
4100 Peavey Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Chaska, MN | |||
Land | $ 277 | |||
Buildings and Improvements | 2,261 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 779 | |||
Land | 277 | |||
Buildings and Improvements | 3,040 | |||
Total | 3,317 | |||
Accumulated Depreciation 12/31/2015 | $ 1,414 | |||
7100-7198 Shady Oak Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Encumbrances | $ 4,324 | |||
Land | 715 | |||
Buildings and Improvements | 4,054 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,284 | |||
Land | 736 | |||
Buildings and Improvements | 6,317 | |||
Total | 7,053 | |||
Accumulated Depreciation 12/31/2015 | $ 2,698 | |||
5240-5300 Valley Industrial Blvd S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 2,087 | |||
Land | 362 | |||
Buildings and Improvements | 2,049 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,248 | |||
Land | 371 | |||
Buildings and Improvements | 3,288 | |||
Total | 3,659 | |||
Accumulated Depreciation 12/31/2015 | $ 1,328 | |||
5775 12th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 2,995 | |||
Land | 590 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,661 | |||
Land | 590 | |||
Buildings and Improvements | 4,661 | |||
Total | 5,251 | |||
Accumulated Depreciation 12/31/2015 | $ 1,549 | |||
1157 Valley Park Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 4,161 | |||
Land | 760 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,234 | |||
Land | 888 | |||
Buildings and Improvements | 7,106 | |||
Total | 7,994 | |||
Accumulated Depreciation 12/31/2015 | $ 2,617 | |||
9600 West 76th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Encumbrances | $ 2,025 | |||
Land | 1,000 | |||
Buildings and Improvements | 2,450 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 60 | |||
Land | 1,034 | |||
Buildings and Improvements | 2,476 | |||
Total | 3,510 | |||
Accumulated Depreciation 12/31/2015 | $ 666 | |||
9700 West 76th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Encumbrances | $ 2,914 | |||
Land | 1,000 | |||
Buildings and Improvements | 2,709 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 727 | |||
Land | 1,038 | |||
Buildings and Improvements | 3,398 | |||
Total | 4,436 | |||
Accumulated Depreciation 12/31/2015 | $ 1,136 | |||
7600 69th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Greenfield, MN | |||
Land | $ 1,500 | |||
Buildings and Improvements | 8,328 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (539) | |||
Land | 1,510 | |||
Buildings and Improvements | 7,779 | |||
Total | 9,289 | |||
Accumulated Depreciation 12/31/2015 | $ 1,809 | |||
5017 Boone Avenue North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Hope, MN | |||
Land | $ 1,000 | |||
Buildings and Improvements | 1,599 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 153 | |||
Land | 1,009 | |||
Buildings and Improvements | 1,743 | |||
Total | 2,752 | |||
Accumulated Depreciation 12/31/2015 | $ 913 | |||
2300 West Highway 13 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Burnsville, MN | |||
Land | $ 2,517 | |||
Buildings and Improvements | 6,069 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (1,651) | |||
Land | 1,296 | |||
Buildings and Improvements | 5,639 | |||
Total | 6,935 | |||
Accumulated Depreciation 12/31/2015 | $ 3,812 | |||
1087 Park Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 3,654 | |||
Land | 1,195 | |||
Buildings and Improvements | 4,891 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (246) | |||
Land | 1,198 | |||
Buildings and Improvements | 4,642 | |||
Total | 5,840 | |||
Accumulated Depreciation 12/31/2015 | $ 1,225 | |||
5391 12th Avenue SE [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 4,138 | |||
Land | 1,392 | |||
Buildings and Improvements | 8,149 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (469) | |||
Land | 1,395 | |||
Buildings and Improvements | 7,677 | |||
Total | 9,072 | |||
Accumulated Depreciation 12/31/2015 | $ 2,059 | |||
4701 Valley Industrial Blvd S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 4,606 | |||
Land | 1,296 | |||
Buildings and Improvements | 7,157 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (378) | |||
Land | 1,299 | |||
Buildings and Improvements | 6,776 | |||
Total | 8,075 | |||
Accumulated Depreciation 12/31/2015 | $ 2,748 | |||
6455 City West Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Land | $ 659 | |||
Buildings and Improvements | 3,189 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 955 | |||
Land | 665 | |||
Buildings and Improvements | 4,138 | |||
Total | 4,803 | |||
Accumulated Depreciation 12/31/2015 | $ 1,249 | |||
7035 Winnetka Avene North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Brooklyn Park, MN | |||
Encumbrances | $ 4,432 | |||
Land | 1,275 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,239 | |||
Land | 1,343 | |||
Buildings and Improvements | 7,171 | |||
Total | 8,514 | |||
Accumulated Depreciation 12/31/2015 | $ 1,472 | |||
139 Eva Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | St. Paul, MN | |||
Land | $ 2,132 | |||
Buildings and Improvements | 3,105 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (286) | |||
Land | 2,175 | |||
Buildings and Improvements | 2,776 | |||
Total | 4,951 | |||
Accumulated Depreciation 12/31/2015 | $ 649 | |||
21900 Dodd Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lakeville, MN | |||
Encumbrances | $ 9,482 | |||
Land | 2,289 | |||
Buildings and Improvements | 7,952 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 2,289 | |||
Buildings and Improvements | 7,952 | |||
Total | 10,241 | |||
Accumulated Depreciation 12/31/2015 | $ 2,034 | |||
375 Rivertown Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Woodbury, MN | |||
Encumbrances | $ 7,000 | |||
Land | 2,635 | |||
Buildings and Improvements | 8,157 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 48 | |||
Land | 2,635 | |||
Buildings and Improvements | 8,205 | |||
Total | 10,840 | |||
Accumulated Depreciation 12/31/2015 | $ 815 | |||
935 Aldrin Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eagan, MN | |||
Encumbrances | $ 5,524 | |||
Land | 2,096 | |||
Buildings and Improvements | 7,884 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (43) | |||
Land | 2,096 | |||
Buildings and Improvements | 7,841 | |||
Total | 9,937 | |||
Accumulated Depreciation 12/31/2015 | $ 457 | |||
7050 Winnetka Avenue North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Brooklyn Park, MN | |||
Land | $ 1,623 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,228 | |||
Land | 1,634 | |||
Buildings and Improvements | 7,217 | |||
Total | 8,851 | |||
Accumulated Depreciation 12/31/2015 | $ 197 | |||
7051 West Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Brooklyn Park, MN | |||
Land | $ 1,275 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,828 | |||
Land | 1,279 | |||
Buildings and Improvements | 5,824 | |||
Total | 7,103 | |||
Accumulated Depreciation 12/31/2015 | $ 155 | |||
1931 Air Lane Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Encumbrances | $ 2,179 | |||
Land | 489 | |||
Buildings and Improvements | 2,785 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 280 | |||
Land | 493 | |||
Buildings and Improvements | 3,061 | |||
Total | 3,554 | |||
Accumulated Depreciation 12/31/2015 | $ 1,362 | |||
4640 Cummings Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Land | $ 360 | |||
Buildings and Improvements | 2,040 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 579 | |||
Land | 365 | |||
Buildings and Improvements | 2,614 | |||
Total | 2,979 | |||
Accumulated Depreciation 12/31/2015 | $ 975 | |||
1740 River Hills Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Encumbrances | $ 2,750 | |||
Land | 848 | |||
Buildings and Improvements | 4,383 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 731 | |||
Land | 888 | |||
Buildings and Improvements | 5,074 | |||
Total | 5,962 | |||
Accumulated Depreciation 12/31/2015 | $ 2,223 | |||
211 Ellery Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Encumbrances | $ 2,587 | |||
Land | 606 | |||
Buildings and Improvements | 3,192 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 379 | |||
Land | 616 | |||
Buildings and Improvements | 3,561 | |||
Total | 4,177 | |||
Accumulated Depreciation 12/31/2015 | $ 1,312 | |||
130 Maddox Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Juliet, TN | |||
Encumbrances | $ 16,422 | |||
Land | 1,778 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 23,554 | |||
Land | 1,778 | |||
Buildings and Improvements | 23,554 | |||
Total | 25,332 | |||
Accumulated Depreciation 12/31/2015 | $ 4,080 | |||
14 World's Fair Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Franklin, NJ | |||
Land | $ 483 | |||
Buildings and Improvements | 2,735 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 773 | |||
Land | 503 | |||
Buildings and Improvements | 3,488 | |||
Total | 3,991 | |||
Accumulated Depreciation 12/31/2015 | $ 1,533 | |||
12 World's Fair Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Franklin, NJ | |||
Land | $ 572 | |||
Buildings and Improvements | 3,240 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,064 | |||
Land | 593 | |||
Buildings and Improvements | 4,283 | |||
Total | 4,876 | |||
Accumulated Depreciation 12/31/2015 | $ 2,052 | |||
22 World's Fair Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Franklin, NJ | |||
Land | $ 364 | |||
Buildings and Improvements | 2,064 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 491 | |||
Land | 375 | |||
Buildings and Improvements | 2,544 | |||
Total | 2,919 | |||
Accumulated Depreciation 12/31/2015 | $ 1,055 | |||
26 World's Fair Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Franklin, NJ | |||
Land | $ 361 | |||
Buildings and Improvements | 2,048 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 656 | |||
Land | 377 | |||
Buildings and Improvements | 2,688 | |||
Total | 3,065 | |||
Accumulated Depreciation 12/31/2015 | $ 1,147 | |||
24 World's Fair Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Franklin, NJ | |||
Land | $ 347 | |||
Buildings and Improvements | 1,968 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 573 | |||
Land | 362 | |||
Buildings and Improvements | 2,526 | |||
Total | 2,888 | |||
Accumulated Depreciation 12/31/2015 | $ 1,121 | |||
20 World's Fair Drive Lot 13 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sumerset, NJ | |||
Land | $ 9 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,568 | |||
Land | 691 | |||
Buildings and Improvements | 1,886 | |||
Total | 2,577 | |||
Accumulated Depreciation 12/31/2015 | $ 702 | |||
45 Route 46 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 969 | |||
Buildings and Improvements | 5,491 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 928 | |||
Land | 978 | |||
Buildings and Improvements | 6,410 | |||
Total | 7,388 | |||
Accumulated Depreciation 12/31/2015 | $ 2,443 | |||
43 Route 46 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 474 | |||
Buildings and Improvements | 2,686 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 540 | |||
Land | 479 | |||
Buildings and Improvements | 3,221 | |||
Total | 3,700 | |||
Accumulated Depreciation 12/31/2015 | $ 1,295 | |||
39 Route 46 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 260 | |||
Buildings and Improvements | 1,471 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 292 | |||
Land | 262 | |||
Buildings and Improvements | 1,761 | |||
Total | 2,023 | |||
Accumulated Depreciation 12/31/2015 | $ 632 | |||
26 Chapin Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 956 | |||
Buildings and Improvements | 5,415 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 664 | |||
Land | 965 | |||
Buildings and Improvements | 6,070 | |||
Total | 7,035 | |||
Accumulated Depreciation 12/31/2015 | $ 2,355 | |||
30 Chapin Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 960 | |||
Buildings and Improvements | 5,440 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 524 | |||
Land | 969 | |||
Buildings and Improvements | 5,955 | |||
Total | 6,924 | |||
Accumulated Depreciation 12/31/2015 | $ 2,256 | |||
20 Hook Mountain Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 1,507 | |||
Buildings and Improvements | 8,542 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,997 | |||
Land | 1,534 | |||
Buildings and Improvements | 11,512 | |||
Total | 13,046 | |||
Accumulated Depreciation 12/31/2015 | $ 5,062 | |||
30 Hook Mountain Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 389 | |||
Buildings and Improvements | 2,206 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 526 | |||
Land | 396 | |||
Buildings and Improvements | 2,725 | |||
Total | 3,121 | |||
Accumulated Depreciation 12/31/2015 | $ 1,058 | |||
16 Chapin Rod [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 885 | |||
Buildings and Improvements | 5,015 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 612 | |||
Land | 901 | |||
Buildings and Improvements | 5,611 | |||
Total | 6,512 | |||
Accumulated Depreciation 12/31/2015 | $ 2,089 | |||
20 Chapin Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pine Brook, NJ | |||
Land | $ 1,134 | |||
Buildings and Improvements | 6,426 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 602 | |||
Land | 1,154 | |||
Buildings and Improvements | 7,008 | |||
Total | 8,162 | |||
Accumulated Depreciation 12/31/2015 | $ 2,580 | |||
2500 Main Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sayreville, NJ | |||
Land | $ 944 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,576 | |||
Land | 944 | |||
Buildings and Improvements | 4,576 | |||
Total | 5,520 | |||
Accumulated Depreciation 12/31/2015 | $ 1,458 | |||
2400 Main Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sayreville, NJ | |||
Land | $ 996 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,494 | |||
Land | 996 | |||
Buildings and Improvements | 5,494 | |||
Total | 6,490 | |||
Accumulated Depreciation 12/31/2015 | $ 1,611 | |||
309-319 Pierce Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Somerset, NJ | |||
Encumbrances | $ 3,205 | |||
Land | 1,300 | |||
Buildings and Improvements | 4,628 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,020 | |||
Land | 1,309 | |||
Buildings and Improvements | 5,639 | |||
Total | 6,948 | |||
Accumulated Depreciation 12/31/2015 | $ 2,194 | |||
230-240 Welsh Pool Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Exton, PA | |||
Land | $ 154 | |||
Buildings and Improvements | 851 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 355 | |||
Land | 170 | |||
Buildings and Improvements | 1,190 | |||
Total | 1,360 | |||
Accumulated Depreciation 12/31/2015 | $ 468 | |||
254 Welsh Pool Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Exton, PA | |||
Land | $ 75 | |||
Buildings and Improvements | 418 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 206 | |||
Land | 91 | |||
Buildings and Improvements | 608 | |||
Total | 699 | |||
Accumulated Depreciation 12/31/2015 | $ 270 | |||
151-161 Philips Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Exton, PA | |||
Land | $ 191 | |||
Buildings and Improvements | 1,059 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 378 | |||
Land | 229 | |||
Buildings and Improvements | 1,399 | |||
Total | 1,628 | |||
Accumulated Depreciation 12/31/2015 | $ 597 | |||
216 Philips Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Exton, PA | |||
Land | $ 199 | |||
Buildings and Improvements | 1,100 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 331 | |||
Land | 220 | |||
Buildings and Improvements | 1,410 | |||
Total | 1,630 | |||
Accumulated Depreciation 12/31/2015 | $ 592 | |||
14 McFadden Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Palmer, PA | |||
Land | $ 600 | |||
Buildings and Improvements | 1,349 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (274) | |||
Land | 625 | |||
Buildings and Improvements | 1,050 | |||
Total | 1,675 | |||
Accumulated Depreciation 12/31/2015 | $ 299 | |||
2801 Red Lion Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Philadelphia, PA | |||
Land | $ 950 | |||
Buildings and Improvements | 5,916 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (51) | |||
Land | 964 | |||
Buildings and Improvements | 5,851 | |||
Total | 6,815 | |||
Accumulated Depreciation 12/31/2015 | $ 2,450 | |||
3240 S. 78th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Philadelphia, PA | |||
Land | $ 515 | |||
Buildings and Improvements | 1,245 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (514) | |||
Land | 423 | |||
Buildings and Improvements | 823 | |||
Total | 1,246 | |||
Accumulated Depreciation 12/31/2015 | $ 252 | |||
200 Cascade Drive, Bldg. 1 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Allentown, PA | |||
Encumbrances | $ 13,382 | |||
Land | 2,133 | |||
Buildings and Improvements | 17,562 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 592 | |||
Land | 2,769 | |||
Buildings and Improvements | 17,518 | |||
Total | 20,287 | |||
Accumulated Depreciation 12/31/2015 | $ 5,770 | |||
200 Cascade Drive, Bldg. 2 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Allentown, PA | |||
Encumbrances | $ 1,826 | |||
Land | 310 | |||
Buildings and Improvements | 2,268 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 178 | |||
Land | 316 | |||
Buildings and Improvements | 2,440 | |||
Total | 2,756 | |||
Accumulated Depreciation 12/31/2015 | $ 789 | |||
6300 Bristol Pike [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Levittown, PA | |||
Land | $ 1,074 | |||
Buildings and Improvements | 2,642 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (194) | |||
Land | 964 | |||
Buildings and Improvements | 2,558 | |||
Total | 3,522 | |||
Accumulated Depreciation 12/31/2015 | $ 1,790 | |||
2455 Boulevard of Generals [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Norristown, PA | |||
Encumbrances | $ 2,926 | |||
Land | 1,200 | |||
Buildings and Improvements | 4,800 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 344 | |||
Land | 1,226 | |||
Buildings and Improvements | 5,118 | |||
Total | 6,344 | |||
Accumulated Depreciation 12/31/2015 | $ 1,602 | |||
Three Eight Five Seven Nazareth Highway - Bldg. 1 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Easton, PA | |||
Land | $ 4,855 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 16,738 | |||
Land | 4,388 | |||
Buildings and Improvements | 17,205 | |||
Total | 21,593 | |||
Accumulated Depreciation 12/31/2015 | $ 69 | |||
Three Eight Five Seven Nazareth Highway - Bldg. 2 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Easton, PA | |||
Land | $ 3,459 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 12,177 | |||
Land | 3,128 | |||
Buildings and Improvements | 12,508 | |||
Total | 15,636 | |||
Accumulated Depreciation 12/31/2015 | $ 51 | |||
1045 South Edward Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tempe, AZ | |||
Land | $ 390 | |||
Buildings and Improvements | 2,160 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 360 | |||
Land | 396 | |||
Buildings and Improvements | 2,514 | |||
Total | 2,910 | |||
Accumulated Depreciation 12/31/2015 | $ 969 | |||
50 South 56th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Chandler, AZ | |||
Encumbrances | $ 3,547 | |||
Land | 1,206 | |||
Buildings and Improvements | 3,218 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,362 | |||
Land | 1,252 | |||
Buildings and Improvements | 4,534 | |||
Total | 5,786 | |||
Accumulated Depreciation 12/31/2015 | $ 1,445 | |||
4701 W. Jefferson [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Encumbrances | $ 2,453 | |||
Land | 926 | |||
Buildings and Improvements | 2,195 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 243 | |||
Land | 929 | |||
Buildings and Improvements | 2,435 | |||
Total | 3,364 | |||
Accumulated Depreciation 12/31/2015 | $ 1,364 | |||
7102 W. Roosevelt [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Encumbrances | $ 4,806 | |||
Land | 1,613 | |||
Buildings and Improvements | 6,451 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 360 | |||
Land | 1,620 | |||
Buildings and Improvements | 6,804 | |||
Total | 8,424 | |||
Accumulated Depreciation 12/31/2015 | $ 2,486 | |||
4137 West Adams Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Land | $ 990 | |||
Buildings and Improvements | 2,661 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 239 | |||
Land | 1,038 | |||
Buildings and Improvements | 2,852 | |||
Total | 3,890 | |||
Accumulated Depreciation 12/31/2015 | $ 961 | |||
245 W. Lodge [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tempe, AZ | |||
Land | $ 898 | |||
Buildings and Improvements | 3,066 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (2,009) | |||
Land | 362 | |||
Buildings and Improvements | 1,593 | |||
Total | 1,955 | |||
Accumulated Depreciation 12/31/2015 | $ 667 | |||
1590 E Riverview Dr. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Encumbrances | $ 4,965 | |||
Land | 1,293 | |||
Buildings and Improvements | 5,950 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 417 | |||
Land | 1,292 | |||
Buildings and Improvements | 6,368 | |||
Total | 7,660 | |||
Accumulated Depreciation 12/31/2015 | $ 1,620 | |||
14131 N. Rio Vista Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Land | $ 2,563 | |||
Buildings and Improvements | 9,388 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 404 | |||
Land | 2,563 | |||
Buildings and Improvements | 9,792 | |||
Total | 12,355 | |||
Accumulated Depreciation 12/31/2015 | $ 2,394 | |||
8716 W. Ludlow Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Land | $ 2,709 | |||
Buildings and Improvements | 10,970 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 811 | |||
Land | 2,709 | |||
Buildings and Improvements | 11,781 | |||
Total | 14,490 | |||
Accumulated Depreciation 12/31/2015 | $ 2,658 | |||
3815 W. Washington St. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Encumbrances | $ 3,446 | |||
Land | 1,675 | |||
Buildings and Improvements | 4,514 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 149 | |||
Land | 1,719 | |||
Buildings and Improvements | 4,619 | |||
Total | 6,338 | |||
Accumulated Depreciation 12/31/2015 | $ 1,105 | |||
9180 W. Buckeye Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tolleson, AZ | |||
Encumbrances | $ 7,239 | |||
Land | 1,904 | |||
Buildings and Improvements | 6,805 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,665 | |||
Land | 1,923 | |||
Buildings and Improvements | 9,451 | |||
Total | 11,374 | |||
Accumulated Depreciation 12/31/2015 | $ 1,989 | |||
8644 West Ludlow Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Land | $ 1,726 | |||
Buildings and Improvements | 7,216 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 1,726 | |||
Buildings and Improvements | 7,216 | |||
Total | 8,942 | |||
Accumulated Depreciation 12/31/2015 | $ 300 | |||
8606 West Ludlow Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Land | $ 956 | |||
Buildings and Improvements | 2,668 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 75 | |||
Land | 956 | |||
Buildings and Improvements | 2,743 | |||
Total | 3,699 | |||
Accumulated Depreciation 12/31/2015 | $ 116 | |||
8679 West Ludlow Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Land | $ 672 | |||
Buildings and Improvements | 2,791 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 672 | |||
Buildings and Improvements | 2,791 | |||
Total | 3,463 | |||
Accumulated Depreciation 12/31/2015 | $ 119 | |||
Nine Forth Avenue and Buckeye Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tolleson, AZ | |||
Land | $ 4,315 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 14,711 | |||
Land | 4,315 | |||
Buildings and Improvements | 14,711 | |||
Total | 19,026 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
1270 West 2320 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 138 | |||
Buildings and Improvements | 784 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 161 | |||
Land | 143 | |||
Buildings and Improvements | 940 | |||
Total | 1,083 | |||
Accumulated Depreciation 12/31/2015 | $ 391 | |||
1275 West 2240 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 395 | |||
Buildings and Improvements | 2,241 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 352 | |||
Land | 408 | |||
Buildings and Improvements | 2,580 | |||
Total | 2,988 | |||
Accumulated Depreciation 12/31/2015 | $ 1,102 | |||
1288 West 2240 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 119 | |||
Buildings and Improvements | 672 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 139 | |||
Land | 123 | |||
Buildings and Improvements | 807 | |||
Total | 930 | |||
Accumulated Depreciation 12/31/2015 | $ 346 | |||
2235 South 1300 West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 198 | |||
Buildings and Improvements | 1,120 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 168 | |||
Land | 204 | |||
Buildings and Improvements | 1,282 | |||
Total | 1,486 | |||
Accumulated Depreciation 12/31/2015 | $ 546 | |||
1293 West 2200 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 158 | |||
Buildings and Improvements | 896 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 304 | |||
Land | 163 | |||
Buildings and Improvements | 1,195 | |||
Total | 1,358 | |||
Accumulated Depreciation 12/31/2015 | $ 533 | |||
1279 West 2200 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 198 | |||
Buildings and Improvements | 1,120 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 172 | |||
Land | 204 | |||
Buildings and Improvements | 1,286 | |||
Total | 1,490 | |||
Accumulated Depreciation 12/31/2015 | $ 561 | |||
1272 West 2240 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 336 | |||
Buildings and Improvements | 1,905 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 410 | |||
Land | 347 | |||
Buildings and Improvements | 2,304 | |||
Total | 2,651 | |||
Accumulated Depreciation 12/31/2015 | $ 1,042 | |||
1149 West 2240 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 217 | |||
Buildings and Improvements | 1,232 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 341 | |||
Land | 225 | |||
Buildings and Improvements | 1,565 | |||
Total | 1,790 | |||
Accumulated Depreciation 12/31/2015 | $ 696 | |||
1142 West 2320 South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 217 | |||
Buildings and Improvements | 1,232 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 300 | |||
Land | 225 | |||
Buildings and Improvements | 1,524 | |||
Total | 1,749 | |||
Accumulated Depreciation 12/31/2015 | $ 626 | |||
2323 South 900 W [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Salt Lake City, UT | |||
Land | $ 886 | |||
Buildings and Improvements | 2,995 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (3) | |||
Land | 898 | |||
Buildings and Improvements | 2,980 | |||
Total | 3,878 | |||
Accumulated Depreciation 12/31/2015 | $ 1,578 | |||
1815-1957 South 4650 West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Salt Lake City, UT | |||
Encumbrances | $ 6,667 | |||
Land | 1,707 | |||
Buildings and Improvements | 10,873 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 44 | |||
Land | 1,713 | |||
Buildings and Improvements | 10,911 | |||
Total | 12,624 | |||
Accumulated Depreciation 12/31/2015 | $ 2,907 | |||
2100 Alexander Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 376 | |||
Buildings and Improvements | 1,670 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 387 | |||
Land | 376 | |||
Buildings and Improvements | 2,057 | |||
Total | 2,433 | |||
Accumulated Depreciation 12/31/2015 | $ 622 | |||
2064 Alexander Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | West Valley, UT | |||
Land | $ 864 | |||
Buildings and Improvements | 2,771 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 89 | |||
Land | 869 | |||
Buildings and Improvements | 2,855 | |||
Total | 3,724 | |||
Accumulated Depreciation 12/31/2015 | $ 949 | |||
1901 Raymond Ave SW [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Renton, WA | |||
Encumbrances | $ 821 | |||
Land | 4,458 | |||
Buildings and Improvements | 2,659 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 433 | |||
Land | 4,594 | |||
Buildings and Improvements | 2,956 | |||
Total | 7,550 | |||
Accumulated Depreciation 12/31/2015 | $ 740 | |||
19014 64th Avenue South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kent, WA | |||
Encumbrances | $ 2,992 | |||
Land | 1,990 | |||
Buildings and Improvements | 3,979 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 518 | |||
Land | 2,042 | |||
Buildings and Improvements | 4,445 | |||
Total | 6,487 | |||
Accumulated Depreciation 12/31/2015 | $ 1,328 | |||
18640 68th Avenue South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kent, WA | |||
Encumbrances | $ 328 | |||
Land | 1,218 | |||
Buildings and Improvements | 1,950 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 306 | |||
Land | 1,258 | |||
Buildings and Improvements | 2,216 | |||
Total | 3,474 | |||
Accumulated Depreciation 12/31/2015 | $ 661 | |||
1944 Vista Bella Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 3,057 | |||
Land | 1,746 | |||
Buildings and Improvements | 3,148 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 465 | |||
Land | 1,822 | |||
Buildings and Improvements | 3,537 | |||
Total | 5,359 | |||
Accumulated Depreciation 12/31/2015 | $ 1,439 | |||
2000 Vista Bella Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 1,283 | |||
Land | 817 | |||
Buildings and Improvements | 1,673 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 292 | |||
Land | 853 | |||
Buildings and Improvements | 1,929 | |||
Total | 2,782 | |||
Accumulated Depreciation 12/31/2015 | $ 821 | |||
2835 East Ana Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 2,968 | |||
Land | 1,682 | |||
Buildings and Improvements | 2,750 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 409 | |||
Land | 1,772 | |||
Buildings and Improvements | 3,069 | |||
Total | 4,841 | |||
Accumulated Depreciation 12/31/2015 | $ 1,139 | |||
16275 Technology Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | San Diego, CA | |||
Land | $ 2,848 | |||
Buildings and Improvements | 8,641 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 546 | |||
Land | 2,859 | |||
Buildings and Improvements | 9,176 | |||
Total | 12,035 | |||
Accumulated Depreciation 12/31/2015 | $ 2,721 | |||
8921- 8971 Fost Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Berkeley, MO | |||
Land | $ 431 | |||
Buildings and Improvements | 2,479 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 850 | |||
Land | 431 | |||
Buildings and Improvements | 3,329 | |||
Total | 3,760 | |||
Accumulated Depreciation 12/31/2015 | $ 1,550 | |||
9043-9083 Frost Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Berkeley, MO | |||
Land | $ 319 | |||
Buildings and Improvements | 1,838 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,618 | |||
Land | 319 | |||
Buildings and Improvements | 4,456 | |||
Total | 4,775 | |||
Accumulated Depreciation 12/31/2015 | $ 1,612 | |||
10431 Midwest Industrial Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Olivette, MO | |||
Encumbrances | $ 1,542 | |||
Land | 237 | |||
Buildings and Improvements | 1,360 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 781 | |||
Land | 237 | |||
Buildings and Improvements | 2,141 | |||
Total | 2,378 | |||
Accumulated Depreciation 12/31/2015 | $ 978 | |||
10751 Midwest Industrial Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Olivette, MO | |||
Land | $ 193 | |||
Buildings and Improvements | 1,119 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 303 | |||
Land | 194 | |||
Buildings and Improvements | 1,421 | |||
Total | 1,615 | |||
Accumulated Depreciation 12/31/2015 | $ 626 | |||
6951 N Hanley [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hazelwood, MO | |||
Land | $ 405 | |||
Buildings and Improvements | 2,295 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,520 | |||
Land | 419 | |||
Buildings and Improvements | 4,801 | |||
Total | 5,220 | |||
Accumulated Depreciation 12/31/2015 | $ 1,915 | |||
1067-1083 Warson-Bldg A [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | St. Louis, MO | |||
Encumbrances | $ 1,385 | |||
Land | 246 | |||
Buildings and Improvements | 1,359 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 823 | |||
Land | 251 | |||
Buildings and Improvements | 2,177 | |||
Total | 2,428 | |||
Accumulated Depreciation 12/31/2015 | $ 628 | |||
1093-1107 Warson-Bldg B [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | St. Louis, MO | |||
Encumbrances | $ 2,471 | |||
Land | 380 | |||
Buildings and Improvements | 2,103 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,850 | |||
Land | 388 | |||
Buildings and Improvements | 3,945 | |||
Total | 4,333 | |||
Accumulated Depreciation 12/31/2015 | $ 1,159 | |||
1113-1129 Warson-Bldg C [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | St. Louis, MO | |||
Encumbrances | $ 1,950 | |||
Land | 303 | |||
Buildings and Improvements | 1,680 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,436 | |||
Land | 310 | |||
Buildings and Improvements | 3,109 | |||
Total | 3,419 | |||
Accumulated Depreciation 12/31/2015 | $ 1,252 | |||
1131-1151 Warson-Bldg D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | St. Louis, MO | |||
Encumbrances | $ 1,905 | |||
Land | 353 | |||
Buildings and Improvements | 1,952 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,034 | |||
Land | 360 | |||
Buildings and Improvements | 2,979 | |||
Total | 3,339 | |||
Accumulated Depreciation 12/31/2015 | $ 833 | |||
6821-6857 Hazelwood Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Berkeley, MO | |||
Encumbrances | $ 4,678 | |||
Land | 985 | |||
Buildings and Improvements | 6,205 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,011 | |||
Land | 985 | |||
Buildings and Improvements | 7,216 | |||
Total | 8,201 | |||
Accumulated Depreciation 12/31/2015 | $ 2,321 | |||
13701 Rider Trail North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Earth City, MO | |||
Land | $ 800 | |||
Buildings and Improvements | 2,099 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 707 | |||
Land | 804 | |||
Buildings and Improvements | 2,802 | |||
Total | 3,606 | |||
Accumulated Depreciation 12/31/2015 | $ 1,162 | |||
1908-2000 Innerbelt [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Overland, MO | |||
Encumbrances | $ 7,182 | |||
Land | 1,590 | |||
Buildings and Improvements | 9,026 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,336 | |||
Land | 1,591 | |||
Buildings and Improvements | 10,361 | |||
Total | 11,952 | |||
Accumulated Depreciation 12/31/2015 | $ 4,216 | |||
9060 Latty Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Berkeley, MO | |||
Land | $ 687 | |||
Buildings and Improvements | 1,947 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (82) | |||
Land | 694 | |||
Buildings and Improvements | 1,858 | |||
Total | 2,552 | |||
Accumulated Depreciation 12/31/2015 | $ 1,645 | |||
21-25 Gateway Commerce Center [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Edwardsville, IL | |||
Land | $ 1,874 | |||
Buildings and Improvements | 31,958 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (262) | |||
Land | 1,902 | |||
Buildings and Improvements | 31,668 | |||
Total | 33,570 | |||
Accumulated Depreciation 12/31/2015 | $ 8,155 | |||
6647 Romiss Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | St. Louis, MO | |||
Land | $ 230 | |||
Buildings and Improvements | 681 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (8) | |||
Land | 241 | |||
Buildings and Improvements | 662 | |||
Total | 903 | |||
Accumulated Depreciation 12/31/2015 | $ 280 | |||
5313 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 204 | |||
Buildings and Improvements | 1,159 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 568 | |||
Land | 257 | |||
Buildings and Improvements | 1,674 | |||
Total | 1,931 | |||
Accumulated Depreciation 12/31/2015 | $ 727 | |||
5525 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 192 | |||
Buildings and Improvements | 1,086 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 280 | |||
Land | 200 | |||
Buildings and Improvements | 1,358 | |||
Total | 1,558 | |||
Accumulated Depreciation 12/31/2015 | $ 582 | |||
5709 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 192 | |||
Buildings and Improvements | 1,086 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 182 | |||
Land | 200 | |||
Buildings and Improvements | 1,260 | |||
Total | 1,460 | |||
Accumulated Depreciation 12/31/2015 | $ 557 | |||
5711 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 243 | |||
Buildings and Improvements | 1,376 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 159 | |||
Land | 255 | |||
Buildings and Improvements | 1,523 | |||
Total | 1,778 | |||
Accumulated Depreciation 12/31/2015 | $ 681 | |||
5455 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 307 | |||
Buildings and Improvements | 1,742 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 755 | |||
Land | 326 | |||
Buildings and Improvements | 2,478 | |||
Total | 2,804 | |||
Accumulated Depreciation 12/31/2015 | $ 1,161 | |||
5553 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 307 | |||
Buildings and Improvements | 1,742 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 424 | |||
Land | 326 | |||
Buildings and Improvements | 2,147 | |||
Total | 2,473 | |||
Accumulated Depreciation 12/31/2015 | $ 973 | |||
5501 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 215 | |||
Buildings and Improvements | 871 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 251 | |||
Land | 242 | |||
Buildings and Improvements | 1,095 | |||
Total | 1,337 | |||
Accumulated Depreciation 12/31/2015 | $ 476 | |||
5503 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 98 | |||
Buildings and Improvements | 402 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 140 | |||
Land | 110 | |||
Buildings and Improvements | 530 | |||
Total | 640 | |||
Accumulated Depreciation 12/31/2015 | $ 227 | |||
5555 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 213 | |||
Buildings and Improvements | 1,206 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 214 | |||
Land | 221 | |||
Buildings and Improvements | 1,412 | |||
Total | 1,633 | |||
Accumulated Depreciation 12/31/2015 | $ 603 | |||
5557 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 59 | |||
Buildings and Improvements | 335 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 59 | |||
Land | 62 | |||
Buildings and Improvements | 391 | |||
Total | 453 | |||
Accumulated Depreciation 12/31/2015 | $ 172 | |||
5463 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 497 | |||
Buildings and Improvements | 2,751 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 637 | |||
Land | 560 | |||
Buildings and Improvements | 3,325 | |||
Total | 3,885 | |||
Accumulated Depreciation 12/31/2015 | $ 1,447 | |||
5461 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 261 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,305 | |||
Land | 265 | |||
Buildings and Improvements | 1,301 | |||
Total | 1,566 | |||
Accumulated Depreciation 12/31/2015 | $ 540 | |||
5481 W Waters Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 558 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,276 | |||
Land | 561 | |||
Buildings and Improvements | 2,273 | |||
Total | 2,834 | |||
Accumulated Depreciation 12/31/2015 | $ 891 | |||
4515-4519 George Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 633 | |||
Buildings and Improvements | 3,587 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 895 | |||
Land | 640 | |||
Buildings and Improvements | 4,475 | |||
Total | 5,115 | |||
Accumulated Depreciation 12/31/2015 | $ 1,586 | |||
6089 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 180 | |||
Buildings and Improvements | 987 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 66 | |||
Land | 186 | |||
Buildings and Improvements | 1,047 | |||
Total | 1,233 | |||
Accumulated Depreciation 12/31/2015 | $ 361 | |||
6091 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 140 | |||
Buildings and Improvements | 730 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (4) | |||
Land | 144 | |||
Buildings and Improvements | 722 | |||
Total | 866 | |||
Accumulated Depreciation 12/31/2015 | $ 242 | |||
6103 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 220 | |||
Buildings and Improvements | 1,160 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 82 | |||
Land | 226 | |||
Buildings and Improvements | 1,236 | |||
Total | 1,462 | |||
Accumulated Depreciation 12/31/2015 | $ 447 | |||
6201 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 200 | |||
Buildings and Improvements | 1,107 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (10) | |||
Land | 205 | |||
Buildings and Improvements | 1,092 | |||
Total | 1,297 | |||
Accumulated Depreciation 12/31/2015 | $ 446 | |||
6203 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 300 | |||
Buildings and Improvements | 1,460 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (306) | |||
Land | 311 | |||
Buildings and Improvements | 1,143 | |||
Total | 1,454 | |||
Accumulated Depreciation 12/31/2015 | $ 395 | |||
6205 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 270 | |||
Buildings and Improvements | 1,363 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 154 | |||
Land | 278 | |||
Buildings and Improvements | 1,509 | |||
Total | 1,787 | |||
Accumulated Depreciation 12/31/2015 | $ 500 | |||
6101 Johns Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 210 | |||
Buildings and Improvements | 833 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 95 | |||
Land | 216 | |||
Buildings and Improvements | 922 | |||
Total | 1,138 | |||
Accumulated Depreciation 12/31/2015 | $ 347 | |||
4908 Tampa West Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tampa, FL | |||
Land | $ 2,622 | |||
Buildings and Improvements | 8,643 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (820) | |||
Land | 2,635 | |||
Buildings and Improvements | 7,810 | |||
Total | 10,445 | |||
Accumulated Depreciation 12/31/2015 | $ 3,022 | |||
7201-7281 Bryan Dairy Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Largo, FL | |||
Land | $ 1,895 | |||
Buildings and Improvements | 5,408 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (1,374) | |||
Land | 1,365 | |||
Buildings and Improvements | 4,564 | |||
Total | 5,929 | |||
Accumulated Depreciation 12/31/2015 | $ 1,287 | |||
4900- 4914 Creekside Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Clearwater, FL | |||
Land | $ 3,702 | |||
Buildings and Improvements | 7,338 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (3,566) | |||
Land | 2,245 | |||
Buildings and Improvements | 5,229 | |||
Total | 7,474 | |||
Accumulated Depreciation 12/31/2015 | $ 1,592 | |||
12345 Starkey Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Largo, FL | |||
Land | $ 898 | |||
Buildings and Improvements | 2,078 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (592) | |||
Land | 599 | |||
Buildings and Improvements | 1,785 | |||
Total | 2,384 | |||
Accumulated Depreciation 12/31/2015 | $ 729 | |||
2250 Delaware Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Des Moines, IA | |||
Land | $ 277 | |||
Buildings and Improvements | 1,609 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (132) | |||
Land | 173 | |||
Buildings and Improvements | 1,581 | |||
Total | 1,754 | |||
Accumulated Depreciation 12/31/2015 | $ 788 | |||
6266 Hurt Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Horn Lake, MS | |||
Land | $ 427 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,721 | |||
Land | 387 | |||
Buildings and Improvements | 3,761 | |||
Total | 4,148 | |||
Accumulated Depreciation 12/31/2015 | $ 930 | |||
665 N. Baldwin Park Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | City of Industry, CA | |||
Encumbrances | $ 4,132 | |||
Land | 2,124 | |||
Buildings and Improvements | 5,219 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,614 | |||
Land | 2,143 | |||
Buildings and Improvements | 6,814 | |||
Total | 8,957 | |||
Accumulated Depreciation 12/31/2015 | $ 2,810 | |||
27801 Avenue Scott [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Santa Clarita, CA | |||
Encumbrances | $ 6,103 | |||
Land | 2,890 | |||
Buildings and Improvements | 7,020 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 788 | |||
Land | 2,902 | |||
Buildings and Improvements | 7,796 | |||
Total | 10,698 | |||
Accumulated Depreciation 12/31/2015 | $ 2,670 | |||
2610 & 2660 Columbia [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Torrance, CA | |||
Encumbrances | $ 4,335 | |||
Land | 3,008 | |||
Buildings and Improvements | 5,826 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 565 | |||
Land | 3,031 | |||
Buildings and Improvements | 6,368 | |||
Total | 9,399 | |||
Accumulated Depreciation 12/31/2015 | $ 1,895 | |||
433 Alaska Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Torrance, CA | |||
Land | $ 681 | |||
Buildings and Improvements | 168 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (5) | |||
Land | 684 | |||
Buildings and Improvements | 160 | |||
Total | 844 | |||
Accumulated Depreciation 12/31/2015 | $ 97 | |||
4020 S. Compton Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Los Angeles, CA | |||
Land | $ 3,800 | |||
Buildings and Improvements | 7,330 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (473) | |||
Land | 3,825 | |||
Buildings and Improvements | 6,832 | |||
Total | 10,657 | |||
Accumulated Depreciation 12/31/2015 | $ 1,664 | |||
6305 El Camino Real [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Land | $ 1,590 | |||
Buildings and Improvements | 6,360 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,730 | |||
Land | 1,590 | |||
Buildings and Improvements | 14,090 | |||
Total | 15,680 | |||
Accumulated Depreciation 12/31/2015 | $ 3,874 | |||
2325 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 1,918 | |||
Land | 1,441 | |||
Buildings and Improvements | 1,239 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 646 | |||
Land | 1,446 | |||
Buildings and Improvements | 1,880 | |||
Total | 3,326 | |||
Accumulated Depreciation 12/31/2015 | $ 536 | |||
2335 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 980 | |||
Land | 817 | |||
Buildings and Improvements | 762 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 121 | |||
Land | 821 | |||
Buildings and Improvements | 879 | |||
Total | 1,700 | |||
Accumulated Depreciation 12/31/2015 | $ 311 | |||
2345 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 574 | |||
Land | 562 | |||
Buildings and Improvements | 456 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (23) | |||
Land | 565 | |||
Buildings and Improvements | 430 | |||
Total | 995 | |||
Accumulated Depreciation 12/31/2015 | $ 174 | |||
2355 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 625 | |||
Land | 481 | |||
Buildings and Improvements | 365 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 237 | |||
Land | 483 | |||
Buildings and Improvements | 600 | |||
Total | 1,083 | |||
Accumulated Depreciation 12/31/2015 | $ 226 | |||
2365 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 1,189 | |||
Land | 1,098 | |||
Buildings and Improvements | 630 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 334 | |||
Land | 1,102 | |||
Buildings and Improvements | 960 | |||
Total | 2,062 | |||
Accumulated Depreciation 12/31/2015 | $ 362 | |||
2375 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 1,304 | |||
Land | 1,210 | |||
Buildings and Improvements | 874 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 113 | |||
Land | 1,214 | |||
Buildings and Improvements | 983 | |||
Total | 2,197 | |||
Accumulated Depreciation 12/31/2015 | $ 348 | |||
6451 El Camino Real [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Land | $ 2,885 | |||
Buildings and Improvements | 1,931 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 642 | |||
Land | 2,895 | |||
Buildings and Improvements | 2,563 | |||
Total | 5,458 | |||
Accumulated Depreciation 12/31/2015 | $ 929 | |||
8572 Spectrum Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | San Diego, CA | |||
Encumbrances | $ 1,995 | |||
Land | 806 | |||
Buildings and Improvements | 3,225 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 293 | |||
Land | 807 | |||
Buildings and Improvements | 3,517 | |||
Total | 4,324 | |||
Accumulated Depreciation 12/31/2015 | $ 769 | |||
13100 Gregg Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Poway, CA | |||
Land | $ 1,040 | |||
Buildings and Improvements | 4,160 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 744 | |||
Land | 1,073 | |||
Buildings and Improvements | 4,871 | |||
Total | 5,944 | |||
Accumulated Depreciation 12/31/2015 | $ 1,589 | |||
21730-21748 Marilla St. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Chatsworth, CA | |||
Encumbrances | $ 2,743 | |||
Land | 2,585 | |||
Buildings and Improvements | 3,210 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 151 | |||
Land | 2,608 | |||
Buildings and Improvements | 3,338 | |||
Total | 5,946 | |||
Accumulated Depreciation 12/31/2015 | $ 1,065 | |||
8015 Paramount [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pico Rivera, CA | |||
Land | $ 3,616 | |||
Buildings and Improvements | 3,902 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 61 | |||
Land | 3,657 | |||
Buildings and Improvements | 3,922 | |||
Total | 7,579 | |||
Accumulated Depreciation 12/31/2015 | $ 1,575 | |||
3365 E. Slauson [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Vernon, CA | |||
Land | $ 2,367 | |||
Buildings and Improvements | 3,243 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 40 | |||
Land | 2,396 | |||
Buildings and Improvements | 3,254 | |||
Total | 5,650 | |||
Accumulated Depreciation 12/31/2015 | $ 1,377 | |||
3015 East Ana [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Land | $ 19,678 | |||
Buildings and Improvements | 9,321 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,305 | |||
Land | 20,144 | |||
Buildings and Improvements | 15,160 | |||
Total | 35,304 | |||
Accumulated Depreciation 12/31/2015 | $ 3,987 | |||
19067 Reyes Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Land | $ 9,281 | |||
Buildings and Improvements | 3,920 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 303 | |||
Land | 9,381 | |||
Buildings and Improvements | 4,123 | |||
Total | 13,504 | |||
Accumulated Depreciation 12/31/2015 | $ 1,765 | |||
24870 Nandina Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 13,543 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 21,149 | |||
Land | 6,482 | |||
Buildings and Improvements | 28,210 | |||
Total | 34,692 | |||
Accumulated Depreciation 12/31/2015 | $ 2,410 | |||
1250 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Land | $ 1,435 | |||
Buildings and Improvements | 779 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (56) | |||
Land | 1,441 | |||
Buildings and Improvements | 717 | |||
Total | 2,158 | |||
Accumulated Depreciation 12/31/2015 | $ 281 | |||
1260 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Land | $ 1,353 | |||
Buildings and Improvements | 722 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (920) | |||
Land | 675 | |||
Buildings and Improvements | 480 | |||
Total | 1,155 | |||
Accumulated Depreciation 12/31/2015 | $ 175 | |||
1270 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Land | $ 1,224 | |||
Buildings and Improvements | 716 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (65) | |||
Land | 1,229 | |||
Buildings and Improvements | 646 | |||
Total | 1,875 | |||
Accumulated Depreciation 12/31/2015 | $ 262 | |||
1280 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Encumbrances | $ 2,729 | |||
Land | 2,043 | |||
Buildings and Improvements | 3,408 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (252) | |||
Land | 2,051 | |||
Buildings and Improvements | 3,148 | |||
Total | 5,199 | |||
Accumulated Depreciation 12/31/2015 | $ 639 | |||
1290 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Encumbrances | $ 2,300 | |||
Land | 1,754 | |||
Buildings and Improvements | 2,949 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (332) | |||
Land | 1,761 | |||
Buildings and Improvements | 2,610 | |||
Total | 4,371 | |||
Accumulated Depreciation 12/31/2015 | $ 544 | |||
100 West Sinclair Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Perris, CA | |||
Land | $ 4,894 | |||
Buildings and Improvements | 3,481 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (5,233) | |||
Land | 1,819 | |||
Buildings and Improvements | 1,323 | |||
Total | 3,142 | |||
Accumulated Depreciation 12/31/2015 | $ 585 | |||
14050 Day Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Encumbrances | $ 3,479 | |||
Land | 2,538 | |||
Buildings and Improvements | 2,538 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 291 | |||
Land | 2,565 | |||
Buildings and Improvements | 2,801 | |||
Total | 5,366 | |||
Accumulated Depreciation 12/31/2015 | $ 891 | |||
12925 Marlay Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Fontana, CA | |||
Encumbrances | $ 9,204 | |||
Land | 6,072 | |||
Buildings and Improvements | 7,891 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 235 | |||
Land | 6,090 | |||
Buildings and Improvements | 8,108 | |||
Total | 14,198 | |||
Accumulated Depreciation 12/31/2015 | $ 3,066 | |||
18201-18291 Santa Fe [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 10,193 | |||
Land | 6,720 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 9,004 | |||
Land | 6,897 | |||
Buildings and Improvements | 8,827 | |||
Total | 15,724 | |||
Accumulated Depreciation 12/31/2015 | $ 1,892 | |||
1011 Rancho Conejo [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Encumbrances | $ 4,524 | |||
Land | 7,717 | |||
Buildings and Improvements | 2,518 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (427) | |||
Land | 7,752 | |||
Buildings and Improvements | 2,055 | |||
Total | 9,807 | |||
Accumulated Depreciation 12/31/2015 | $ 755 | |||
20700 Denker Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Torrance, CA | |||
Encumbrances | $ 5,533 | |||
Land | 5,767 | |||
Buildings and Improvements | 2,538 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,289 | |||
Land | 5,964 | |||
Buildings and Improvements | 3,631 | |||
Total | 9,595 | |||
Accumulated Depreciation 12/31/2015 | $ 1,667 | |||
18408 Laurel Park Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Land | $ 2,850 | |||
Buildings and Improvements | 2,850 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 722 | |||
Land | 2,874 | |||
Buildings and Improvements | 3,548 | |||
Total | 6,422 | |||
Accumulated Depreciation 12/31/2015 | $ 1,023 | |||
19021 S. Reyes Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Land | $ 8,183 | |||
Buildings and Improvements | 7,501 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 234 | |||
Land | 8,545 | |||
Buildings and Improvements | 7,373 | |||
Total | 15,918 | |||
Accumulated Depreciation 12/31/2015 | $ 1,226 | |||
6185 Kimball Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Chino, CA | |||
Land | $ 6,385 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 12,343 | |||
Land | 6,382 | |||
Buildings and Improvements | 12,346 | |||
Total | 18,728 | |||
Accumulated Depreciation 12/31/2015 | $ 1,294 | |||
5555 Bandini Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bell, CA | |||
Land | $ 32,536 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 21,636 | |||
Land | 32,540 | |||
Buildings and Improvements | 21,632 | |||
Total | 54,172 | |||
Accumulated Depreciation 12/31/2015 | $ 1,183 | |||
16875 Heacock Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 0 | |||
Buildings and Improvements | 6,831 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 72 | |||
Land | 0 | |||
Buildings and Improvements | 6,903 | |||
Total | 6,903 | |||
Accumulated Depreciation 12/31/2015 | $ 630 | |||
4710 Guasti Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ontario, CA | |||
Encumbrances | $ 6,018 | |||
Land | 2,846 | |||
Buildings and Improvements | 6,564 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 2,846 | |||
Buildings and Improvements | 6,564 | |||
Total | 9,410 | |||
Accumulated Depreciation 12/31/2015 | $ 287 | |||
17100 Perris Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 6,388 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 24,140 | |||
Land | 6,395 | |||
Buildings and Improvements | 24,133 | |||
Total | 30,528 | |||
Accumulated Depreciation 12/31/2015 | $ 933 | |||
13414 South Figueroa [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Los Angeles, CA | |||
Land | $ 1,701 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,578 | |||
Land | 1,887 | |||
Buildings and Improvements | 6,392 | |||
Total | 8,279 | |||
Accumulated Depreciation 12/31/2015 | $ 248 | |||
Three Eight Four One Ocean Ranch Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Oceanside, CA | |||
Land | $ 4,400 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,591 | |||
Land | 4,400 | |||
Buildings and Improvements | 7,591 | |||
Total | 11,991 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
Three Eight Three One Ocean Ranch Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Oceanside, CA | |||
Land | $ 2,693 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,333 | |||
Land | 2,694 | |||
Buildings and Improvements | 4,332 | |||
Total | 7,026 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
Three Eight Two One Ocean Ranch Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Oceanside, CA | |||
Land | $ 2,792 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,162 | |||
Land | 2,792 | |||
Buildings and Improvements | 4,162 | |||
Total | 6,954 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
One Four Five W. 134th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Los Angeles, CA | |||
Land | $ 2,901 | |||
Buildings and Improvements | 2,285 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 39 | |||
Land | 2,901 | |||
Buildings and Improvements | 2,324 | |||
Total | 5,225 | |||
Accumulated Depreciation 12/31/2015 | $ 68 | |||
6150 Sycamore Canyon Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Riverside, CA | |||
Land | $ 3,182 | |||
Buildings and Improvements | 10,643 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 3,182 | |||
Buildings and Improvements | 10,643 | |||
Total | 13,825 | |||
Accumulated Depreciation 12/31/2015 | $ 206 | |||
17825 Indian Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 5,034 | |||
Buildings and Improvements | 22,095 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 5,034 | |||
Buildings and Improvements | 22,095 | |||
Total | 27,129 | |||
Accumulated Depreciation 12/31/2015 | $ 258 | |||
2060 Springdale Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Cherry Hill, NJ | |||
Land | $ 258 | |||
Buildings and Improvements | 1,436 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 599 | |||
Land | 258 | |||
Buildings and Improvements | 2,035 | |||
Total | 2,293 | |||
Accumulated Depreciation 12/31/2015 | $ 824 | |||
111 Whittendale Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Morrestown, NJ | |||
Land | $ 522 | |||
Buildings and Improvements | 2,916 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 519 | |||
Land | 522 | |||
Buildings and Improvements | 3,435 | |||
Total | 3,957 | |||
Accumulated Depreciation 12/31/2015 | $ 1,340 | |||
7851 Airport Highway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pennsauken, NJ | |||
Land | $ 160 | |||
Buildings and Improvements | 508 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 381 | |||
Land | 162 | |||
Buildings and Improvements | 887 | |||
Total | 1,049 | |||
Accumulated Depreciation 12/31/2015 | $ 390 | |||
103 Central Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mt. Laurel, NJ | |||
Land | $ 610 | |||
Buildings and Improvements | 1,847 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,617 | |||
Land | 619 | |||
Buildings and Improvements | 3,455 | |||
Total | 4,074 | |||
Accumulated Depreciation 12/31/2015 | $ 1,260 | |||
7890 Airport Hwy/7015 Central [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pennsauken, NJ | |||
Land | $ 300 | |||
Buildings and Improvements | 989 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 461 | |||
Land | 425 | |||
Buildings and Improvements | 1,325 | |||
Total | 1,750 | |||
Accumulated Depreciation 12/31/2015 | $ 996 | |||
6301 Hazeltine National Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orlando, FL | |||
Land | $ 909 | |||
Buildings and Improvements | 4,613 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 67 | |||
Land | 920 | |||
Buildings and Improvements | 4,669 | |||
Total | 5,589 | |||
Accumulated Depreciation 12/31/2015 | $ 1,891 | |||
12626 Silicon Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | San Antonio, TX | |||
Land | $ 768 | |||
Buildings and Improvements | 3,448 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (394) | |||
Land | 779 | |||
Buildings and Improvements | 3,043 | |||
Total | 3,822 | |||
Accumulated Depreciation 12/31/2015 | $ 1,041 | |||
3100 Pinson Valley Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Birmingham, AL | |||
Land | $ 303 | |||
Buildings and Improvements | 742 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (304) | |||
Land | 225 | |||
Buildings and Improvements | 516 | |||
Total | 741 | |||
Accumulated Depreciation 12/31/2015 | $ 210 | |||
3730 Wheeler Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Fort Smith, AR | |||
Land | $ 720 | |||
Buildings and Improvements | 2,800 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (589) | |||
Land | 583 | |||
Buildings and Improvements | 2,348 | |||
Total | 2,931 | |||
Accumulated Depreciation 12/31/2015 | $ 917 | |||
3200 Pond Station [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Jefferson County, KY | |||
Land | $ 2,074 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 9,681 | |||
Land | 2,120 | |||
Buildings and Improvements | 9,635 | |||
Total | 11,755 | |||
Accumulated Depreciation 12/31/2015 | $ 2,099 | |||
7501 NW 106th Terrace [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kansas City, MO | |||
Encumbrances | $ 11,555 | |||
Land | 4,152 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13,673 | |||
Land | 4,228 | |||
Buildings and Improvements | 13,597 | |||
Total | 17,825 | |||
Accumulated Depreciation 12/31/2015 | $ 2,450 | |||
600 Greene Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Greenville, KY | |||
Land | $ 294 | |||
Buildings and Improvements | 8,570 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (727) | |||
Land | 296 | |||
Buildings and Improvements | 7,841 | |||
Total | 8,137 | |||
Accumulated Depreciation 12/31/2015 | $ 4,679 | |||
Seven Four Five One Seven Four Seven Seven Airport Freeway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Encumbrances | $ 1,392 | |||
Land | 256 | |||
Buildings and Improvements | 1,453 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 439 | |||
Land | 259 | |||
Buildings and Improvements | 1,889 | |||
Total | 2,148 | |||
Accumulated Depreciation 12/31/2015 | $ 636 | |||
Seven Four Five Zero Whitehall Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 104 | |||
Buildings and Improvements | 591 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 339 | |||
Land | 105 | |||
Buildings and Improvements | 929 | |||
Total | 1,034 | |||
Accumulated Depreciation 12/31/2015 | $ 277 | |||
Three Zero Zero Zero Wesley Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Land | $ 208 | |||
Buildings and Improvements | 1,181 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 18 | |||
Land | 211 | |||
Buildings and Improvements | 1,196 | |||
Total | 1,407 | |||
Accumulated Depreciation 12/31/2015 | $ 397 | |||
Seven Four Five One Dogwood Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Richland Hills, TX | |||
Encumbrances | $ 681 | |||
Land | 133 | |||
Buildings and Improvements | 753 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 184 | |||
Land | 134 | |||
Buildings and Improvements | 936 | |||
Total | 1,070 | |||
Accumulated Depreciation 12/31/2015 | $ 293 | |||
One Zero One Three Three One Avenue M [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Land | $ 300 | |||
Buildings and Improvements | 1,504 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 263 | |||
Land | 302 | |||
Buildings and Improvements | 1,765 | |||
Total | 2,067 | |||
Accumulated Depreciation 12/31/2015 | $ 638 | |||
One One Seven Two Eight Four One One Three Th Street D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Encumbrances | $ 1,884 | |||
Land | 700 | |||
Buildings and Improvements | 3,509 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 34 | |||
Land | 704 | |||
Buildings and Improvements | 3,539 | |||
Total | 4,243 | |||
Accumulated Depreciation 12/31/2015 | $ 1,093 | |||
Five Eight One Welltown Road Tyson Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Winchester, VA | |||
Land | $ 2,320 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 10,994 | |||
Land | 2,401 | |||
Buildings and Improvements | 10,913 | |||
Total | 13,314 | |||
Accumulated Depreciation 12/31/2015 | $ 2,345 | |||
First San Michele Logistics Center [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 1,274 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,179 | |||
Land | 1,274 | |||
Buildings and Improvements | 3,179 | |||
Total | 4,453 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
First Arlington Commerce Center II [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington. TX | |||
Land | $ 1,603 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,859 | |||
Land | 1,603 | |||
Buildings and Improvements | 2,859 | |||
Total | 4,462 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
First Park 94 - Building I [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Somers, WI | |||
Land | $ 1,920 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 16,177 | |||
Land | 1,920 | |||
Buildings and Improvements | 16,177 | |||
Total | 18,097 | |||
Accumulated Depreciation 12/31/2015 | $ 0 | |||
First Park McDonough [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | McDonough, GA | |||
Land | $ 2,501 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 94 | |||
Land | 2,501 | |||
Buildings and Improvements | 94 | |||
Total | 2,595 | |||
Accumulated Depreciation 12/31/2015 | 0 | |||
Developments / Land Parcels [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Land | 149,456 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 24,324 | |||
Land | 144,510 | |||
Buildings and Improvements | 29,270 | |||
Total | 173,780 | |||
Accumulated Depreciation 12/31/2015 | $ 2,854 |
X | ||||||||||
- Definition SEC Schedule III, Real Estate and Accumulated Depreciation, Location City and State No definition available.
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X | ||||||||||
- Definition Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of lien or mortgage outstanding on real estate investment properties for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depreciation of buildings and improvements for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of land for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of land and buildings and improvements made to real estate investments and capitalized after acquisition for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Initial cost of buildings and improvements for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Initial cost of land for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount, before accumulated depreciation, of real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Schedule III: Real Estate and Accumulated Depreciation (Parenthetical) (Detail) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2015
USD ($)
Property
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Dec. 31, 2014
USD ($)
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Dec. 31, 2013
USD ($)
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Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 589 | ||
Tenant improvements, useful life | Lease Term | ||
Balance, Beginning of Year | $ 3,183,369 | $ 3,119,547 | $ 3,130,942 |
Acquisition of Real Estate Assets | 161,074 | 84,526 | 69,481 |
Construction Costs and Improvements | 142,535 | 104,782 | 100,207 |
Disposition of Real Estate Assets | (162,636) | (98,378) | (142,369) |
Impairment of Real Estate | (626) | 0 | (2,652) |
Write-off of Fully Depreciated Assets | (26,067) | (27,108) | (36,062) |
Balance, End of Year Including Real Estate Held for Sale | 3,297,649 | 3,183,369 | 3,119,547 |
Real Estate Held for Sale | (3,681) | 0 | 0 |
Balance, End of Year Excluding Real Estate Held for Sale | 3,293,968 | 3,183,369 | 3,119,547 |
Balance, Beginning of Year | 786,978 | 748,044 | 735,593 |
Depreciation for Year | 92,955 | 93,457 | 94,271 |
Disposition of Assets | (61,365) | (27,415) | (45,758) |
Write-off of Fully Depreciated Assets | (26,067) | (27,108) | (36,062) |
Balance, End of Year Including Real Estate Held for Sale | 792,501 | 786,978 | 748,044 |
Real Estate Held for Sale | (1,171) | 0 | 0 |
Balance, End of Year Excluding Real Estate Held for Sale | $ 791,330 | $ 786,978 | $ 748,044 |
Buildings and Improvements | Minimum | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Property, plant and equipment, useful life | 7 years | ||
Buildings and Improvements | Maximum | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Property, plant and equipment, useful life | 50 years | ||
Land Improvements | Minimum | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Property, plant and equipment, useful life | 5 years | ||
Land Improvements | Maximum | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Property, plant and equipment, useful life | 20 years | ||
5570 Tulane Dr [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,840 | ||
825-827 Avenue H D [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,355 | ||
One One Seven Two Eight Four One One Three Th Street D [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,093 | ||
1200-16 Avenue H D [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,044 | ||
8200 East Park Meadows Drive [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 3,282 | ||
3250 Quentin Street [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 2,933 | ||
1799-1855 Northfield Drive [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,153 | ||
6951 N Hanley [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,915 | ||
1908-2000 Innerbelt [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 4,216 | ||
7201-7281 Bryan Dairy Road [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 2 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,287 | ||
1080, 1120, 1180 John Papalas Drive [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 3 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 2,080 | ||
1322-66 W. North Carrier Parkway [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 3 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 2,035 | ||
Plano Crossing F [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 4 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 4,060 | ||
801-831 S Great Southwest Pkwy [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 5 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 8,597 | ||
4900- 4914 Creekside Drive [Member] | |||
Real Estate and Accumulated Depreciation [Line Items] | |||
Number of industrial properties | Property | 8 | ||
Balance, End of Year Including Real Estate Held for Sale | $ 1,592 |
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- Definition Real Estate Excluding Held-for-Sale No definition available.
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- Definition Schedule III - Accumulated Depreciation of Assets Held for Sale No definition available.
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- Definition Schedule III Investment in Real Estate Held for Sale No definition available.
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- Definition Tenant Improvements Useful Life No definition available.
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The number of real estate properties owned as of the balance sheet date. No definition available.
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- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of other deductions to accumulated depreciation, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of decrease to accumulated depreciation for real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in real estate investments from acquisitions other than through foreclosure for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of other deductions to real estate investments, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of depreciation expense of real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Schedule III: Real Estate and Accumulated Depreciation - Additional Information (Details) $ in Billions |
Dec. 31, 2015
USD ($)
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Real Estate and Accumulated Depreciation [Abstract] | |
Aggregate cost of land and buildings and equipment for federal income tax purpose | $ 3.2 |
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- Definition Real Estate and Accumulated Depreciation [Abstract] No definition available.
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- Definition Cost basis of real estate investments for federal income tax purposes for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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