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 if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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), (5) Smaller Reporting Accelerated Filer or (6) Smaller Reporting Company and Large 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. 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 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 if company meets the shell company criteria: a company with no or nominal operations, and with no or nominal assets or assets consisting solely of cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Indicates that the company is a smaller reporting company with both a public float and revenues of less than $75 million. 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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/otherTransitionRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The current amount of expenditures for a real estate project that has not yet been completed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of the general partner's ownership interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of investment in equity method investee and investment in and advance to affiliate. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of the limited partners' ownership interests. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of long-term debt classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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 The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
---|---|---|
Common Stock, par value | $ 0.01 | $ 0.01 |
Common Stock, shares authorized | 225,000,000 | 225,000,000 |
Common Stock, shares issued | 126,307,431 | 119,883,180 |
Common Stock, shares outstanding | 126,307,431 | 119,883,180 |
Net Investment in Real Estate | $ 2,861,860 | $ 2,705,826 |
Mortgage Loans Payable, Net | $ 296,470 | $ 450,056 |
First Industrial, L.P. | ||
General Partner Units, units outstanding | 126,307,431 | 119,883,180 |
Limited Partner Units, units outstanding | 2,624,167 | 4,008,221 |
Net Investment in Real Estate | $ 2,861,860 | $ 2,705,826 |
Mortgage Loans Payable, Net | 296,470 | 450,056 |
Other Real Estate Partnerships | ||
Net Investment in Real Estate | 260,528 | 270,708 |
Mortgage Loans Payable, Net | $ 20,497 | $ 61,256 |
X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The number of general partner units outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The number of limited partner units outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
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. No definition available.
|
X | ||||||||||
- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of expense incurred and directly related to generating revenue from leased and rented property or equipment. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
|
X | ||||||||||
- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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/disclosureRef
|
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/exampleRef
|
X | ||||||||||
- References 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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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/disclosureRef
|
X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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/disclosureRef
|
X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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/disclosureRef
|
X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- References No definition available.
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Net Income | $ 167,334 | $ 208,301 | $ 125,684 |
Mark-to-Market Gain on Derivative Instruments | 2,096 | 5,981 | 4,849 |
Amortization of Derivative Instruments | 96 | 205 | 390 |
Comprehensive Income | 169,526 | 214,487 | 130,923 |
Comprehensive Income Attributable to Noncontrolling Interest | (4,149) | (6,642) | (4,638) |
Comprehensive Income Attributable to Common Stockholders/Unitholders | 165,377 | 207,845 | 126,285 |
First Industrial, L.P. | |||
Net Income | 167,334 | 208,301 | 125,684 |
Mark-to-Market Gain on Derivative Instruments | 2,096 | 5,981 | 4,849 |
Amortization of Derivative Instruments | 96 | 205 | 390 |
Comprehensive Income | 169,526 | 214,487 | 130,923 |
Comprehensive Income Attributable to Noncontrolling Interest | (88) | (143) | (137) |
Comprehensive Income Attributable to Common Stockholders/Unitholders | $ 169,438 | $ 214,344 | $ 130,786 |
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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/disclosureRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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- Details
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- Definition Retirement of Limited Partner Units No definition available.
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- Definition Amount of other increase (decrease) in additional paid in capital (APIC). No definition available.
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- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to noncontrolling interests. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total contributions made by each class of partners (i.e., general, limited and preferred partners). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total distributions to each class of partners (i.e., general, limited and preferred partners). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Exchange of Limited partnership units for General partnership units. No definition available.
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- Definition The non-cash amount of fully depreciated assets being written off during the period. No definition available.
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- References No definition available.
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- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Future cash outflow to pay for purchases of fixed assets that have occurred. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; excluding effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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/2009/role/commonPracticeRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/2009/role/commonPracticeRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in the aggregate amount of assets used to generate operating income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash paid for interest capitalized, classified as investing activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The fair value of liabilities assumed in noncash investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- 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/disclosureRef
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- References No definition available.
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- 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/disclosureRef
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- References No definition available.
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of expense charged against earnings to allocate the cost of tangible and intangible assets over their remaining economic lives, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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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X | ||||||||||
- Definition Amount of cash (inflow) outflow from investing activities classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of distribution received from equity method investee for return of investment, classified as investing activities. Excludes distribution for return on investment, classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash inflow for proceeds from settlement of insurance claim, classified as investing activities. Excludes insurance settlement classified as operating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the issuance of long-term debt that is not secured by collateral. Excludes proceeds from tax exempt unsecured debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between actual rental income due and rental income recognized on a straight-line basis. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of (gain) loss for an event or transaction that is unusual in nature or occurs infrequently, or both. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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Organization |
12 Months Ended |
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Dec. 31, 2018 | |
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 98.0% and 96.8% ownership interest ("General Partner Units") at December 31, 2018 and 2017, respectively. The Operating Partnership also conducts operations through eight other limited partnerships (the "Other Real Estate Partnerships"), numerous limited liability companies ("LLCs") and certain taxable REIT subsidiaries ("TRSs"), the operating data of which, together with that of the Operating Partnership, is consolidated with that of the Company as presented herein. The Operating Partnership holds at least a 99% limited partnership interest in each of the 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 2.0% and 3.2% at December 31, 2018 and 2017, respectively, represents the aggregate partnership interest held by the limited partners thereof ("Limited Partner Units" and together with the General Partner Units, the "Units") . We also own a 49% equity interest in, and provide various services to, a joint venture (the "Joint Venture") through a wholly owned subsidiary of the Operating Partnership. The Joint Venture is accounted for under the equity method of accounting. The operating data of the Joint Venture is not consolidated with that of the Company or the Operating Partnership as presented herein. Profits, losses and distributions of the Operating Partnership, the LLCs, the Other Real Estate Partnerships and the TRSs are allocated to the general partner and the limited partners, the members or the shareholders, as applicable, of such entities in accordance with the provisions contained within their respective organizational documents. As of December 31, 2018, we owned 458 industrial properties located in 21 states, containing an aggregate of approximately 63.1 million square feet of gross leasable area ("GLA"). Of the 458 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://fasb.org/us-gaap/role/ref/legacyRef
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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, 2018 and 2017 and for each of the years ended December 31, 2018, 2017 and 2016 include the accounts and operating results of the Company and the Operating Partnership. All intercompany transactions have been eliminated in consolidation. Use of Estimates In order to conform with generally accepted accounting principles ("GAAP"), 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, 2018 and 2017, and the reported amounts of revenues and expenses for each of the years ended December 31, 2018, 2017 and 2016. Actual results could differ from those estimates. 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. For purposes of our consolidated statements of cash flows, changes in restricted cash are aggregated with cash and cash equivalents. 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 or asset group). 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. If the sum of the expected future net cash flows (undiscounted and without interest charges) is less than the carrying amount of the property or group of properties, we will recognize an impairment loss based upon the estimated fair value of the property or group of properties. 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 or group of properties previously classified as held for sale, we will reclassify the properties as held and used. Properties are measured at the lower of their carrying amounts (adjusted for any depreciation and amortization expense that would have been recognized had the properties 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. Interest is capitalized using the weighted average borrowing rate during the period. 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 a 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 in the line item 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 accelerated and fully amortized on the date of the termination. 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 expect most acquisitions to be treated as asset acquisitions rather than business combinations as our typical acquisitions consist of properties whereby substantially all the fair value of gross assets acquired is concentrated in a single asset (land, building, and in-place leases), which is treated as an asset acquisition. Commencing January 1, 2017, acquisition costs related to asset acquisitions are capitalized to the basis of the acquired asset. 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 was $6,267, $6,648 and $6,717 for the years ended December 31, 2018, 2017 and 2016, respectively. Rental revenues increased by $1,095, $1,116 and $996 related to net amortization of above and below market leases. We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2018 as follows:
Debt Issuance Costs Debt issuance 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. Unamortized debt issuance costs are written-off when debt is retired before the maturity date. Debt issuance costs are presented as a direct deduction from the carrying amount of the respective debt liability, consistent with debt discounts. The debt issuance costs related to the unsecured credit facility are included in the line item Prepaid Expenses and Other Assets, Net on the consolidated balance sheets. Investment in Joint Venture Investment in joint venture represents a noncontrolling equity interest in one joint venture. We account for our investment in this joint venture under the equity method of accounting, as we did 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 ("VIEs"). Under the equity method of accounting, our share of earnings or losses of a joint venture is reflected in income as earned and contributions or distributions increase or decrease our investment in joint venture as paid or received, respectively. Differences between our carrying value of our investment in this joint venture and our underlying equity in such joint venture are amortized and included as an adjustment to our equity in income (loss). On a periodic basis, management assesses whether there are any indicators that the value of our investment in this joint venture may be impaired. An investment is impaired only if our estimate of the fair value of the investment is less than the carrying value of the investment, and such decline in value is deemed to be other than temporary. To the extent impairment has occurred, the loss shall be measured as the excess of the carrying value of the investment over the value of the investment. Limited Partner Units Limited Partner Units are reported within Partners' Capital in the Operating Partnership's balance sheet as of December 31, 2018 and 2017 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, 2018, 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 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. 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, 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. The Tenant Accounts Receivable line item is shown net of an allowance for doubtful accounts of $545 and $310 as of December 31, 2018 and 2017, respectively. The Deferred Rent Receivable line item is shown net of an allowance for doubtful accounts of $1,444 and $1,557 as of December 31, 2018 and 2017, respectively. For accounts receivable we deem uncollectible, we use the direct write-off method. Gain on Sale of Real Estate Asset sales are generally recognized when control of the asset being sold is transferred to the buyer. As the assets are sold, their costs and related accumulated depreciation, if any, are derecognized with resulting gains or losses reflected in net income. 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, certain activities that we undertake may be conducted by entities which have elected to be treated as a TRS. TRSs are subject to both federal and state income taxes. We may also be subject to certain federal excise and franchise taxes if we engage in certain types of transactions. A benefit or provision has been made for federal, state and local income taxes in the accompanying consolidated financial statements. 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. In accordance with partnership taxation, each of the partners of the Operating Partnership is responsible for reporting their share of taxable income or loss. Earnings Per Share and Earnings Per Unit ("EPS" and "EPU") Basic net income per common share or Unit is computed by dividing net income available to common shareholders or Unitholders by the weighted average number of common shares or Units outstanding for the period. Diluted net income per common share or Unit is computed by dividing net income 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. Derivative Financial Instruments During the normal course of business, we have used derivative instruments for the purpose of managing interest rate risk on anticipated offerings of long term debt. Receipts or payments that result from the settlement of derivative instruments 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 is included in interest expense. Receipts or payments resulting from derivative instruments used to convert floating rate debt to fixed rate debt are recognized as a component of interest expense. To qualify for hedge accounting, derivative instruments used for risk management purposes must effectively reduce the risk exposure that they are designed to hedge. In addition, at inception of a qualifying cash flow hedging relationship, the underlying transaction or transactions, must be, and are expected to remain, probable of occurring in accordance with our related assertions. We recognize all derivative instruments in the line items Prepaid Expenses and Other Assets, Net or Accounts Payable, Accrued Expenses and Other Liabilities at fair value. Changes in fair value of derivative instruments that are not designated in hedging relationships or that do not meet the criteria of hedge accounting are recognized in earnings. For derivative instruments designated in qualifying cash flow hedging relationships, changes in fair value related to the effective portion of the derivative instruments are recognized in accumulated other comprehensive income (loss), whereas changes in fair value of the ineffective portion are recognized in earnings. If it is determined that a derivative instrument ceases to be highly effective as a hedge, or that it is probable the underlying forecasted transaction will not occur, we discontinue its cash flow hedge accounting prospectively and records the appropriate adjustment to earnings based on the current fair value of the derivative instrument. The credit risks associated with derivative instruments 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 the derivative instruments, our exposure is limited to the fair value of agreements, not the notional amounts. Fair Value GAAP establishes a framework for measuring fair value and requires disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants. The guidance establishes a hierarchy for inputs used in measuring fair value based on observable and unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are based on market data obtained from independent sources. Unobservable inputs are inputs that reflect our assumptions of pricing the asset or liability based on the best information available in the circumstances. We estimate fair value using available market information and valuation methodologies we believe to be appropriate for these purposes. The fair value hierarchy consists of the following three broad levels:
Our assets and liabilities that are measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that we would realize on disposition. Discontinued Operations and Assets Held for Sale We report results of operations from real estate assets that are sold or classified as held for sale as discontinued operations provided the disposal represents a strategic shift that has (or will have) a major effect on our operations and financial results. We generally classify certain properties and related assets and liabilities as held for sale when the sale of an asset has been duly approved by management, a legally enforceable contract has been executed and the buyer's due diligence period, if any, has expired. At such time, the respective assets and liabilities are presented separately on the consolidated balance sheets. Assets held for sale are reported at the lower of carrying value or estimated fair value less estimated costs to sell. 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 New Accounting Standards Adopted In May 2014, the FASB issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). ASU 2014-09 requires entities to recognize revenue when they transfer promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual periods beginning after December 15, 2017. We adopted the new standard effective January 1, 2018. The adoption of the standard did not impact our financial position or results of operations. In August 2016 and November 2016, the FASB issued new ASUs impacting the statement of cash flows. ASU No. 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments" intends to reduce the diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU No. 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash" requires restricted cash be added to cash and cash equivalents on the consolidated statements of cash flows. We adopted both standards on January 1, 2018 on a retrospective basis. For the years ended December 31, 2017 and 2016, $25,336 and $11,602 of restricted cash was included in "Cash, Cash Equivalents and Restricted Cash" in our Consolidated Statements of Cash Flows. Also, we reclassified $1,453 of prepayment penalties relating to the payoff of certain mortgage loans from operating activities to financing activities for the year ended December 31, 2017. The following table presents a reconciliation of cash, cash equivalents and restricted cash reported within our Consolidated Balance Sheets to amounts reported within our Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2017:
New Accounting Standards Issued but not yet Adopted In February 2016, the FASB issued ASU No. 2016-02, "Leases" ("ASU 2016-02"), which amends the existing accounting standards for lease accounting. ASU 2016-02 will require lessees, at lease commencement to record a right-of-use asset and a lease liability for all leases with terms longer than twelve months. We are a lessee on a limited number of ground and office leases. The expense pattern for these leases will be consistent with that of our historical recognition. The accounting for lessors will remain largely unchanged from existing GAAP standards with the underlying leased asset being reported and recognized as a real estate asset and rental income being recognized on a straight line basis over the lease term. However, ASU 2016-02 requires lessors to expense certain initial direct costs that are not incremental in negotiating a lease as incurred. We anticipate this change will reduce our EPS/EPU on an annual basis by approximately $0.01. ASU 2016-02 is effective for us on January 1, 2019. We expect to adopt the practical expedients available for implementation under the standard. By adopting these practical expedients, we will not be required to reassess (1) whether an expired or existing contract meets the definition of a lease; (2) the lease classification for expired or existing leases; or (3) costs previously capitalized as initial direct costs. Furthermore, the FASB finalized an amendment to ASU 2016-02 which will allow us an optional election to not separate non-lease components from related lease components that otherwise would have been accounted for separately under the new standard. Upon adoption of ASU 2016-02, we will be required to recognize a right-of-use asset and a lease liability on our consolidated balance sheets equal to the present value of the minimum lease payments required under our ground and office leases, which we believe will be approximately $12,500. We are finalizing our discount rate analysis which is a key determinant in the measurement of the right-of-use asset and lease liability. Details of our future minimum rental payments under ground and office leases at December 31, 2018 are disclosed in Note 14. We plan to implement this guidance on a prospective basis. In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeting Improvements to Accounting for Hedging Activities" ("ASU 2017-12"). ASU 2017-12 eliminates the requirement to separately measure and report hedge ineffectiveness and generally requires the entire change in the fair value of a hedging instrument to be presented in the same income statement line as the hedged item when the hedged item affects earnings. ASU 2017-12 is required to be adopted in 2019 using a modified retrospective approach. We do not expect the adoption of ASU 2017-12 to have a material impact on our financial condition or results of operations. |
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- Definition The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Investment in Real Estate | Investment in Real Estate Acquisitions The following table summarizes our acquisition of industrial properties from third parties for the years ended December 31, 2018, 2017 and 2016. The revenue and net income associated with the acquisition of the industrial properties, since their respective acquisition dates, are not significant for years ended December 31, 2018, 2017 or 2016.
(A) Purchase price includes the acquisition of several land parcels for the years ended December 31, 2018, 2017 and 2016 and excludes closing costs incurred with the acquisition of the industrial properties and land parcels. The following table summarizes the fair value of amounts recognized for each major class of asset and liability for the industrial properties and land parcels acquired during the years ended December 31, 2018 and 2017:
Sales The following table summarizes our property dispositions for the years ended December 31, 2018, 2017 and 2016:
(A) The year ended December 31, 2018 includes a partial sale of a 0.1 million square-foot industrial property. (B) Gross proceeds and gain on sale of real estate include the sale of several land parcels for the years ended December 31, 2018, 2017 and 2016. Impairment Charges The impairment charges of $2,756 recorded during the year ended December 31, 2018 were due to marketing one industrial property and one land parcel for sale and our assessment of the likelihood and timing of a potential sale transaction. The fair market values were determined using third party offers. Valuations based on third party offers included bona fide contract prices and letter of intent amounts that we believe were indicative of fair value and fall into Level 3 of the fair value hierarchy. The property and the land parcel for which impairment was recorded were sold later during the year ended December 31, 2018. |
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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://fasb.org/us-gaap/role/ref/legacyRef
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Indebtedness | Indebtedness The following table discloses certain information regarding our indebtedness:
(A) During the year ended December 31, 2018, pursuant to the agreements for our unsecured term loans entered into in 2014 and 2015 (collectively, the "Unsecured Term Loans"), we elected to have the interest spread calculated based on our investment grade rating resulting in a 10 basis point reduction in the credit spread compared to the prior rate. The interest rate at December 31, 2018 also reflects the derivative instruments we entered into to effectively convert the variable rate to a fixed rate. See Note 12. (B) The maturity date may be extended an additional year at our election, subject to certain restrictions. Amounts exclude unamortized debt issuance costs of $3,554 and $4,781 as of December 31, 2018 and 2017, respectively, which are included in the line item Prepaid Expenses and Other Assets, Net. Mortgage Loans Payable, Net During the years ended December 31, 2018 and 2017, we paid off mortgage loans in the amount of $157,782 and $36,108, respectively. In connection with the mortgage loans paid off during the years ended December 31, 2018 and 2017, we recognized $39 and $1,653 within the line item Loss from Retirement of Debt representing the write-off of unamortized debt issuance costs offset by the write off of an unamortized premium. During the year ended December 31, 2018, we assumed a mortgage loan in the amount of $11,654 in conjunction with the acquisition of three industrial properties, totaling approximately 0.2 million square feet of GLA. The mortgage loan bears interest at a fixed rate of 4.17%, principal payments are amortized over 30 years and the loan matures in August 2028. As of December 31, 2018, mortgage loans payable are collateralized, and in some instances cross-collateralized, by industrial properties with a net carrying value of $459,225. We believe the Operating Partnership and the Company were in compliance with all covenants relating to mortgage loans as of December 31, 2018. Senior Unsecured Notes, Net During the year ended December 31, 2018, the Operating Partnership issued $150,000 of 3.86% Series C Guaranteed Senior Notes due February 15, 2028 (the "2028 Private Placement Notes") and $150,000 of 3.96% Series D Guaranteed Senior Notes due February 15, 2030 (the "2030 Private Placement Notes") in a private placement pursuant to a Note and Guaranty Agreement dated December 12, 2017. During the year ended December 31, 2017, the Operating Partnership issued $125,000 of 4.30% Series A Guaranteed Senior Notes due April 20, 2027 (the "2027 Private Placement Notes") and $75,000 of 4.40% Series B Guaranteed Senior Notes due April 20, 2029 (the "2029 Private Placement Notes") in private placement pursuant to a Note and Guaranty Agreement dated February 21, 2017. The 2028 Private Placement Notes, the 2030 Private Placement Notes, the 2027 Private Placement Notes and the 2029 Private Placement Notes (collectively, the "Private Placement Notes") are unsecured obligations of the Operating Partnership that are fully and unconditionally guaranteed by the Company and require semi-annual interest payments. During the year ended December 31, 2017, we paid off and retired our 2017 II and 2017 Notes, at maturity, in the amounts of $101,871 and $54,981, respectively. Unsecured Term Loans, Net 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, 2018, the 2014 Unsecured Term Loan requires interest only payments and bears interest at a variable rate based on LIBOR plus 110 basis points. During the year ended December 31, 2017, we recognized $51 within the line item Loss from Retirement of Debt related to the write-off of unamortized debt issuance costs related to a lender that opted out of its position and whose position was replaced by other lenders. 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, 2018, the 2015 Unsecured Term Loan requires interest only payments and bears interest at a variable rate based on LIBOR plus 110 basis points. The interest rates on the Unsecured Term Loans vary based on the Company's leverage ratio or, at our election, the Company's credit ratings. Unsecured Credit Facility On October 31, 2017, we amended and restated our $625,000 revolving credit agreement (the "Old Credit Facility") with a new $725,000 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 $1,000,000, subject to certain restrictions. The Unsecured Credit Facility matures on October 29, 2021, with an option to extend an additional one year at our election, subject to certain restrictions. At December 31, 2017, the Unsecured Credit Facility provides for interest only payments at LIBOR plus 110 basis points. The interest rate on the Unsecured Credit Facility varies based on our leverage ratio. During the year ended December 31, 2017, in connection with the amendment, we recognized $71 within the line item Loss from Retirement of Debt related to the write-off of unamortized debt issuance costs related to a lender that opted out of its position and whose position was replaced by other lenders. Indebtedness The following is a schedule of the stated maturities and scheduled principal payments of our indebtedness, exclusive of premiums, discounts and debt issuance costs, for the next five years as of December 31, and thereafter:
The Unsecured Credit Facility, the Unsecured Term Loans, the Private Placement Notes 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, the Private Placement Notes and indentures governing our senior unsecured notes as of December 31, 2018. 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, 2018 and 2017, the fair value of our indebtedness was as follows:
(A) The carrying amounts include unamortized premiums and discounts and exclude unamortized debt issuance costs. 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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- 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://fasb.org/us-gaap/role/ref/legacyRef
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Variable Interest Entities |
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Variable Interest Entities | Variable Interest Entities The Other Real Estate Partnerships are VIEs of the Operating Partnership and the Operating Partnership is the primary beneficiary, thus causing the Other Real Estate Partnerships to be consolidated by the Operating Partnership. In addition, the Operating Partnership is a VIE of the Company and the Company is the primary beneficiary. The following table summarizes the assets and liabilities of the Other Real Estate Partnerships included in our consolidated balance sheets:
Joint Venture During the second quarter of 2018, we entered into the Joint Venture with a third party partner for the purpose of developing, leasing, operating and potentially selling approximately 532 net developable acres of land located in the Phoenix, Arizona metropolitan area. The purchase price for the land was $49,000, which amount was funded by the Joint Venture via cash equity contributions from us and our joint venture partner. Through a wholly-owned subsidiary of the Operating Partnership, we own a 49% interest in the Joint Venture. Under the Joint Venture's operating agreement, we act as the managing member of the Joint Venture and are entitled to receive fees for providing management, leasing, development, construction supervision, disposition and asset management services to the Joint Venture. In addition, the Joint Venture's operating agreement provides us the ability to earn an incentive fee based on the ultimate financial performance of the Joint Venture. As part of our assessment of the appropriate accounting treatment for the Joint Venture, we reviewed the operating agreement of the Joint Venture in order to determine our rights and the rights of our joint venture partner, including whether those rights are protective or participating. The operating agreement contains certain protective rights, such as the requirement of member approval to sell, finance or refinance the property and to pay capital expenditures and operating expenditures outside of the approved budget. However, we and our Joint Venture partner jointly (i) approve the annual budget, (ii) approve certain expenditures, (iii) review and approve the Joint Venture's tax return before filing and (iv) approve each lease at a developed property. We consider the latter rights substantive participation rights that result in shared, joint power over the activities that most significantly impact the performance of the Joint Venture. As such, we concluded to account for our investment in the Joint Venture under the equity method of accounting. |
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- Definition Variable Interest Entities [Abstract] No definition available.
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- Definition The entire disclosure for a variable interest entity (VIE), including but not limited to, judgments and assumptions in determining whether to consolidate and in identifying the primary beneficiary, gain (loss) recognized on the initial consolidation of the VIE, terms of arrangements, amounts and classification of the VIE's assets and liabilities, and the entity's maximum exposure to loss. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership |
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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. Subject to certain lock-up periods, holders of Limited Partner Units can redeem their Units by providing written notification to the General Partner. 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, 2018, the Operating Partnership could satisfy its redemption obligations by making an aggregate cash payment of approximately $75,733 or by issuing 2,624,167 shares of the Company's common stock. Preferred Stock or General Partner Preferred Units The Company has 10,000,000 shares of preferred stock authorized. As of December 31, 2018 and 2017, there were no preferred shares or general partner preferred Units outstanding. Shares of Common Stock or Unit Contributions 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 stock or restricted Unit awards (see Note 11), for the three years ended December 31, 2018:
(A) During the years ended December 31, 2018, 2017 and 2016, the Company issued 4,800,000, 2,560,000, and 5,600,000 shares of the Company's common stock in an underwritten public offering. Proceeds to the Company, net of the underwriter's discount, were $145,584, $74,880, and $124,936. The proceeds were contributed to the Operating Partnership in exchange for General Partner Units and are reflected in the Operating Partnership's financial statements as a general partner contribution. (B) For the years ended December 31, 2018, 2017 and 2016, 1,350,721, 31,154 and 266,332 Limited Partner Units, respectively, were converted into an equivalent number of shares of common stock of the Company, resulting in a reclassification of $16,605, $364 and $2,862, respectively, of noncontrolling interest to the Company's stockholders' equity. (C) During the twelve months ended December 31, 2018, 33,333 Limited Partner Units were forfeited by a unitholder and were retired by the Operating Partnership. ATM Program 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 Program"). The distribution agreements entered into with respect to the 2014 ATM Program expired by their terms on March 13, 2017 and, on March 16, 2017, we entered into distribution agreements with sales agents to sell up to 8,000,000 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 "2017 ATM Program"). Under the terms of the 2014 ATM Program and the 2017 ATM Program, sales were or 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. During the years ended December 31, 2018, 2017 and 2016, the Company did not issue any shares of common stock under the 2014 ATM Program or the 2017 ATM Program. Dividends/Distributions 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://fasb.org/us-gaap/role/ref/legacyRef
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Accumulated Other Comprehensive Income (Loss) |
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Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Income The following table summarizes the changes in accumulated other comprehensive income by component for the years ended December 31, 2018 and 2017:
The following table summarizes the reclassifications out of accumulated other comprehensive income for the years ended December 31, 2018, 2017 and 2016:
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 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 $96 into net income by increasing interest expense for derivative instruments we settled in previous periods. Additionally, recurring settlement payments or receipts related to the 2014 Swaps and 2015 Swaps (as defined in Note 12) will also be reclassified to interest expense. See Note 12 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://fasb.org/us-gaap/role/ref/legacyRef
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Earnings Per Share / Unit (EPS / EPU) |
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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 405,436, 408,248 and 406,855 of unvested restricted stock or restricted Unit awards outstanding at December 31, 2018, 2017 and 2016, 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 or common stock dividends or Unit distributions declared. |
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- Definition The entire disclosure for earnings per share. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Income Taxes |
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Income Taxes | Income Taxes Our Consolidated Financial Statements include the operations of our TRSs, which are not entitled to the dividends paid deduction and are subject to federal, state and local income taxes on its taxable income. During the years ended December 31, 2018, 2017 and 2016, the Company qualified as a REIT and incurred no federal income tax expense; accordingly, the only federal income taxes included in the accompanying Consolidated Financial Statements relate to activities of our TRSs. The components of the income tax benefit (provision) for the years ended December 31, 2018, 2017 and 2016 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 income tax assets and liabilities include the following as of December 31, 2018 and 2017:
A valuation allowance is recorded if we believe it is more likely than not that all or some portion of our deferred income tax assets will not be realized. We do not have projections of future taxable income or other sources of taxable income in one of the TRSs significant enough to allow us to believe it is more likely than not that we will realize our deferred income tax assets. Therefore, we have recorded a valuation allowance against the deferred income tax assets within that TRS. 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 income tax assets, is included in the current income tax provision. The income tax benefit (provision) pertaining to income before taxes of the TRSs differs from the amounts computed by applying the applicable federal statutory rate as follows for the years ended December 31, 2018, 2017 and 2016:
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, 2018, we do not have any unrecognized tax benefits. We file income tax returns in the U.S. and various states. The statute of limitations for income tax returns is generally three years. As such, our tax returns that are subject to examination would be primarily from 2015 and thereafter. Federal Income Tax Treatment of Common Dividends For the years ended December 31, 2018, 2017 and 2016, the dividends paid to the Company's common shareholders per common share for income tax purposes were characterized as follows:
(A) For the year ended December 31, 2018, the Code Section 199A dividend is equal to the total ordinary income dividend. The income tax characterization of dividends to common shareholders is based on the calculation of Taxable Earnings and Profits, as defined in the Code. Taxable Earnings and Profits differ from regular taxable income due primarily to differences in the estimated useful lives and methods used to compute depreciation and in the recognition of gains and losses on the sale of real estate assets. |
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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://fasb.org/us-gaap/role/ref/legacyRef
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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, 2018 are approximately as follows:
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- References No definition available.
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- Definition The entire disclosure for lessor's operating leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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, 2018, awards covering 1.6 million shares of common stock were available to be granted under the Stock Incentive Plan. Restricted Stock or Restricted Unit Awards For the years ended December 31, 2018, 2017 and 2016, the Company awarded 211,890, 260,685 and 308,373 shares, respectively, of restricted stock awards to certain employees, which had a fair value of $6,068, $6,871 and $6,047 on the date such awards were approved 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 granted 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, 2018, 2017 and 2016, the Company awarded 15,169, 15,108 and 14,460 shares, respectively, of restricted stock to non-employee members of the Board of Directors, which had a fair value of $490, $420 and $350 on the date of approval. These restricted stock awards vest over a one-year period. The Operating Partnership issued restricted Unit awards to the Company in the same amount for both restricted stock awards. 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, 2017 and 2016, we recognized $1,590 and $1,710, respectively, of compensation expense related to restricted stock or restricted Unit awards granted to our former Chief Executive Officer for which future service was not required. LTIP Unit Awards For the years ended December 31, 2018 and 2017, the Company granted to certain employees 179,288 and 195,951 Long-Term Incentive Program ("LTIP") performance units ("LTIP Unit Awards"), which had a fair value of $2,381 and $2,473 on the grant date. 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 over a performance period of three years. 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 Operating Partnership issues General Partner Units to the Company in the same amounts for vested LTIP Unit Awards. 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, 2018, 2017 and 2016, we recognized $7,586, $8,611 and $7,371, respectively, in amortization related to restricted stock or restricted Unit awards and LTIP Unit Awards. Restricted stock or restricted Unit award and LTIP Unit Award amortization capitalized in connection with development activities was $472 for the year ended December 31, 2018 and was not significant for the years ended December 31, 2017 and 2016. At December 31, 2018, we had $8,306 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 0.88 years. Restricted stock or restricted Unit award and LTIP Unit Award transactions for the year ended December 31, 2018 are summarized as follows:
401(k)/Profit Sharing Plan Under the Company's 401(k)/Profit Sharing Plan, all eligible employees may participate by making voluntary contributions and 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, 2018, 2017 and 2016, total expense related to matching contributions was $688, $518 and $509, 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://fasb.org/us-gaap/role/ref/legacyRef
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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 | Derivative Instruments 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 derivative instruments as part of our interest rate risk management strategy. Derivative instruments 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. During December 2018, in anticipation of issuing long-term debt in the future, we entered into two treasury locks with an aggregate notional value of $100,000 to manage our exposure to changes in the ten year U.S. Treasury rate (the "2018 Treasury Locks"). The 2018 Treasury Locks fix the ten year U.S. Treasury rate at a weighted average of 2.93% and cash settle on or before April 30, 2019. We designated the 2018 Treasury Locks as cash flow hedges. In connection with the originations of the Unsecured Term Loans (see Note 4), we entered into interest rate swaps to manage our exposure to changes in the one month LIBOR rate. The four interest rate swaps, which fix the variable rate of the 2014 Unsecured Term Loan, have an aggregate notional value of $200,000, mature on January 29, 2021 and fix the LIBOR rate at a weighted average rate of 2.29% (the "2014 Swaps"). The six interest rate swaps, which fix the variable rate of the 2015 Unsecured Term Loan, have an aggregate notional value of $260,000, mature on September 12, 2022 and fix the LIBOR rate at a weighted average rate of 1.79% (the "2015 Swaps"). We designated the 2014 Swaps and 2015 Swaps as cash flow hedges. In September 2017, we entered into two treasury locks (the "2017 Treasury Locks"), with an aggregate notional value of $100,000, in order to fix the interest rate on an anticipated unsecured debt offering. The Treasury Locks fixed the ten year U.S. Treasury rate at a weighted average rate of approximately 2.18%. Since we did not designate the 2017 Treasury Locks as hedges the change in the fair value of the 2017 Treasury Locks was recorded within the consolidated statement of operations. During the year ended December 31, 2017 we settled the 2017 Treasury Locks and recognized $1,896 in the line item Settlement Gain on Derivative Instruments. 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, 2018, we had not posted any collateral related to these agreements and were not in breach of any of the provisions of these agreements. If we had breached these agreements, we could have been required to settle our obligations under the agreements at their termination value. The following table sets forth our financial assets and liabilities related to the 2014 Swaps, the 2015 Swaps and the 2018 Treasury Locks, which are included in the line items Prepaid Expenses and Other Assets, Net or Accounts Payable, Accrued Expenses and Other Liabilities and are accounted for at fair value on a recurring basis as of December 31, 2018:
There was no ineffectiveness recorded on the 2014 Swaps, the 2015 Swaps and the 2018 Treasury Locks during the year ended December 31, 2018. The estimated fair value of the 2014 Swaps, the 2015 Swaps and the 2018 Treasury Locks 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 Swaps, the 2015 Swaps and the 2018 Treasury Locks 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://fasb.org/us-gaap/role/ref/legacyRef
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Related Party Transactions |
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Dec. 31, 2018 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Related Party Transactions During the year ended December 31, 2018, we recognized fees of $113 from the Joint Venture related to asset management services provided to the Joint Venture. At December 31, 2018, we had a receivable from the Joint Venture of $38. At December 31, 2018 and 2017, the Operating Partnership had receivable balances of $10,118 and $10,129, 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://fasb.org/us-gaap/role/ref/legacyRef
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Commitments and Contingencies |
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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. Five properties have leases granting the tenants options to purchase the property. Such options are exercisable at various times at appraised fair market value or at a fixed purchase price. None of the tenant purchase options have been exercised. At December 31, 2018, we had outstanding letters of credit and performance bonds in the aggregate amount of $18,573. 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, 2018, we had seven industrial properties totaling approximately 2.8 million square feet of GLA under construction. The estimated total investment as of December 31, 2018 is approximately $189,400 (unaudited). Of this amount, approximately $140,300 (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 Commitments For the years ended December 31, 2018, 2017 and 2016, we recognized $1,566, $1,419 and $1,380, 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, 2018 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://fasb.org/us-gaap/role/ref/legacyRef
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Subsequent Events |
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Dec. 31, 2018 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events On January 25, 2019 we acquired one land parcel for a purchase price of $1,760, excluding costs incurred in conjunction with the acquisition. On February 4, 2019 we acquired one industrial property for a purchase price of $12,258, excluding costs incurred in conjunction with the acquisition. |
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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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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, 2018 and 2017.
The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2018 and 2017.
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- References No definition available.
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Schedule III: Real Estate and Accumulated Depreciation |
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SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule III: Real Estate and Accumulated Depreciation |
L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2018 NOTES:
At December 31, 2018, the aggregate cost of land and buildings and equipment for federal income tax purpose was approximately $3.5 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/disclosureRef
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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, 2018 and 2017 and for each of the years ended December 31, 2018, 2017 and 2016 include the accounts and operating results of the Company and the Operating Partnership. 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 ("GAAP"), 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, 2018 and 2017, and the reported amounts of revenues and expenses for each of the years ended December 31, 2018, 2017 and 2016. Actual results could differ from those estimates. |
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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. For purposes of our consolidated statements of cash flows, changes in restricted cash are aggregated with cash and cash equivalents. |
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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 or asset group). 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. If the sum of the expected future net cash flows (undiscounted and without interest charges) is less than the carrying amount of the property or group of properties, we will recognize an impairment loss based upon the estimated fair value of the property or group of properties. 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 or group of properties previously classified as held for sale, we will reclassify the properties as held and used. Properties are measured at the lower of their carrying amounts (adjusted for any depreciation and amortization expense that would have been recognized had the properties 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. Interest is capitalized using the weighted average borrowing rate during the period. 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 a 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 in the line item 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 accelerated and fully amortized on the date of the termination. 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 expect most acquisitions to be treated as asset acquisitions rather than business combinations as our typical acquisitions consist of properties whereby substantially all the fair value of gross assets acquired is concentrated in a single asset (land, building, and in-place leases), which is treated as an asset acquisition. Commencing January 1, 2017, acquisition costs related to asset acquisitions are capitalized to the basis of the acquired asset. 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 was $6,267, $6,648 and $6,717 for the years ended December 31, 2018, 2017 and 2016, respectively. Rental revenues increased by $1,095, $1,116 and $996 related to net amortization of above and below market leases. We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2018 as follows:
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Debt Issuance Costs | Debt Issuance Costs Debt issuance 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. Unamortized debt issuance costs are written-off when debt is retired before the maturity date. Debt issuance costs are presented as a direct deduction from the carrying amount of the respective debt liability, consistent with debt discounts. The debt issuance costs related to the unsecured credit facility are included in the line item Prepaid Expenses and Other Assets, Net on the consolidated balance sheets. |
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Investments in Joint Ventures | Investment in Joint Venture Investment in joint venture represents a noncontrolling equity interest in one joint venture. We account for our investment in this joint venture under the equity method of accounting, as we did 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 ("VIEs"). Under the equity method of accounting, our share of earnings or losses of a joint venture is reflected in income as earned and contributions or distributions increase or decrease our investment in joint venture as paid or received, respectively. Differences between our carrying value of our investment in this joint venture and our underlying equity in such joint venture are amortized and included as an adjustment to our equity in income (loss). On a periodic basis, management assesses whether there are any indicators that the value of our investment in this joint venture may be impaired. An investment is impaired only if our estimate of the fair value of the investment is less than the carrying value of the investment, and such decline in value is deemed to be other than temporary. To the extent impairment has occurred, the loss shall be measured as the excess of the carrying value of the investment over the value of the investment. |
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Limited Partners Units | Limited Partner Units Limited Partner Units are reported within Partners' Capital in the Operating Partnership's balance sheet as of December 31, 2018 and 2017 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, 2018, 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 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. |
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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, 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. The Tenant Accounts Receivable line item is shown net of an allowance for doubtful accounts of $545 and $310 as of December 31, 2018 and 2017, respectively. The Deferred Rent Receivable line item is shown net of an allowance for doubtful accounts of $1,444 and $1,557 as of December 31, 2018 and 2017, 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 Asset sales are generally recognized when control of the asset being sold is transferred to the buyer. As the assets are sold, their costs and related accumulated depreciation, if any, are derecognized with resulting gains or losses reflected in net income. 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, certain activities that we undertake may be conducted by entities which have elected to be treated as a TRS. TRSs are subject to both federal and state income taxes. We may also be subject to certain federal excise and franchise taxes if we engage in certain types of transactions. A benefit or provision has been made for federal, state and local income taxes in the accompanying consolidated financial statements. 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. In accordance with partnership taxation, each of the partners of the Operating Partnership is responsible for reporting their share of taxable income or loss. |
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Earnings Per Share/Unit (EPS/EPU) | Earnings Per Share and Earnings Per Unit ("EPS" and "EPU") Basic net income per common share or Unit is computed by dividing net income available to common shareholders or Unitholders by the weighted average number of common shares or Units outstanding for the period. Diluted net income per common share or Unit is computed by dividing net income 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. |
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Derivative Financial Instruments | Derivative Financial Instruments During the normal course of business, we have used derivative instruments for the purpose of managing interest rate risk on anticipated offerings of long term debt. Receipts or payments that result from the settlement of derivative instruments 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 is included in interest expense. Receipts or payments resulting from derivative instruments used to convert floating rate debt to fixed rate debt are recognized as a component of interest expense. To qualify for hedge accounting, derivative instruments used for risk management purposes must effectively reduce the risk exposure that they are designed to hedge. In addition, at inception of a qualifying cash flow hedging relationship, the underlying transaction or transactions, must be, and are expected to remain, probable of occurring in accordance with our related assertions. We recognize all derivative instruments in the line items Prepaid Expenses and Other Assets, Net or Accounts Payable, Accrued Expenses and Other Liabilities at fair value. Changes in fair value of derivative instruments that are not designated in hedging relationships or that do not meet the criteria of hedge accounting are recognized in earnings. For derivative instruments designated in qualifying cash flow hedging relationships, changes in fair value related to the effective portion of the derivative instruments are recognized in accumulated other comprehensive income (loss), whereas changes in fair value of the ineffective portion are recognized in earnings. If it is determined that a derivative instrument ceases to be highly effective as a hedge, or that it is probable the underlying forecasted transaction will not occur, we discontinue its cash flow hedge accounting prospectively and records the appropriate adjustment to earnings based on the current fair value of the derivative instrument. The credit risks associated with derivative instruments 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 the derivative instruments, our exposure is limited to the fair value of agreements, not the notional amounts. |
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Fair Value | Fair Value GAAP establishes a framework for measuring fair value and requires disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants. The guidance establishes a hierarchy for inputs used in measuring fair value based on observable and unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are based on market data obtained from independent sources. Unobservable inputs are inputs that reflect our assumptions of pricing the asset or liability based on the best information available in the circumstances. We estimate fair value using available market information and valuation methodologies we believe to be appropriate for these purposes. The fair value hierarchy consists of the following three broad levels:
Our assets and liabilities that are measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that we would realize on disposition. |
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Discontinued Operations and Assets Held for Sale | Discontinued Operations and Assets Held for Sale We report results of operations from real estate assets that are sold or classified as held for sale as discontinued operations provided the disposal represents a strategic shift that has (or will have) a major effect on our operations and financial results. We generally classify certain properties and related assets and liabilities as held for sale when the sale of an asset has been duly approved by management, a legally enforceable contract has been executed and the buyer's due diligence period, if any, has expired. At such time, the respective assets and liabilities are presented separately on the consolidated balance sheets. Assets held for sale are reported at the lower of carrying value or estimated fair value less estimated costs to sell. |
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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 New Accounting Standards Adopted In May 2014, the FASB issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). ASU 2014-09 requires entities to recognize revenue when they transfer promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual periods beginning after December 15, 2017. We adopted the new standard effective January 1, 2018. The adoption of the standard did not impact our financial position or results of operations. In August 2016 and November 2016, the FASB issued new ASUs impacting the statement of cash flows. ASU No. 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments" intends to reduce the diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU No. 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash" requires restricted cash be added to cash and cash equivalents on the consolidated statements of cash flows. We adopted both standards on January 1, 2018 on a retrospective basis. For the years ended December 31, 2017 and 2016, $25,336 and $11,602 of restricted cash was included in "Cash, Cash Equivalents and Restricted Cash" in our Consolidated Statements of Cash Flows. Also, we reclassified $1,453 of prepayment penalties relating to the payoff of certain mortgage loans from operating activities to financing activities for the year ended December 31, 2017. The following table presents a reconciliation of cash, cash equivalents and restricted cash reported within our Consolidated Balance Sheets to amounts reported within our Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2017:
New Accounting Standards Issued but not yet Adopted In February 2016, the FASB issued ASU No. 2016-02, "Leases" ("ASU 2016-02"), which amends the existing accounting standards for lease accounting. ASU 2016-02 will require lessees, at lease commencement to record a right-of-use asset and a lease liability for all leases with terms longer than twelve months. We are a lessee on a limited number of ground and office leases. The expense pattern for these leases will be consistent with that of our historical recognition. The accounting for lessors will remain largely unchanged from existing GAAP standards with the underlying leased asset being reported and recognized as a real estate asset and rental income being recognized on a straight line basis over the lease term. However, ASU 2016-02 requires lessors to expense certain initial direct costs that are not incremental in negotiating a lease as incurred. We anticipate this change will reduce our EPS/EPU on an annual basis by approximately $0.01. ASU 2016-02 is effective for us on January 1, 2019. We expect to adopt the practical expedients available for implementation under the standard. By adopting these practical expedients, we will not be required to reassess (1) whether an expired or existing contract meets the definition of a lease; (2) the lease classification for expired or existing leases; or (3) costs previously capitalized as initial direct costs. Furthermore, the FASB finalized an amendment to ASU 2016-02 which will allow us an optional election to not separate non-lease components from related lease components that otherwise would have been accounted for separately under the new standard. Upon adoption of ASU 2016-02, we will be required to recognize a right-of-use asset and a lease liability on our consolidated balance sheets equal to the present value of the minimum lease payments required under our ground and office leases, which we believe will be approximately $12,500. We are finalizing our discount rate analysis which is a key determinant in the measurement of the right-of-use asset and lease liability. Details of our future minimum rental payments under ground and office leases at December 31, 2018 are disclosed in Note 14. We plan to implement this guidance on a prospective basis. In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeting Improvements to Accounting for Hedging Activities" ("ASU 2017-12"). ASU 2017-12 eliminates the requirement to separately measure and report hedge ineffectiveness and generally requires the entire change in the fair value of a hedging instrument to be presented in the same income statement line as the hedged item when the hedged item affects earnings. ASU 2017-12 is required to be adopted in 2019 using a modified retrospective approach. We do not expect the adoption of ASU 2017-12 to have a material impact on our financial condition or results of operations. |
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for deferral and amortization of significant deferred charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for its derivative instruments and hedging activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for equity method of accounting for investments and other interests. Investment includes, but is not limited to, unconsolidated subsidiary, corporate joint venture, noncontrolling interest in real estate venture, limited partnership, and limited liability company. Information includes, but is not limited to, ownership percentage, reason equity method is or is not considered appropriate, and accounting policy election for distribution received. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for determining the fair value of financial instruments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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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 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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/otherTransitionRef
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- 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://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Disclosure of accounting policy for segment reporting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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Summary of Significant Accounting Policies (Tables) |
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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, 2018 as follows:
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Restrictions on Cash and Cash Equivalents | The following table presents a reconciliation of cash, cash equivalents and restricted cash reported within our Consolidated Balance Sheets to amounts reported within our Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2017:
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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 assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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Investment in Real Estate (Tables) |
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Summary of Industrial Property Acquisitions | The following table summarizes our acquisition of industrial properties from third parties for the years ended December 31, 2018, 2017 and 2016. The revenue and net income associated with the acquisition of the industrial properties, since their respective acquisition dates, are not significant for years ended December 31, 2018, 2017 or 2016.
(A) Purchase price includes the acquisition of several land parcels for the years ended December 31, 2018, 2017 and 2016 and excludes closing costs incurred with the acquisition of the industrial properties and land parcels. |
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Summary of Acquisition Purchase Price Allocation | The following table summarizes the fair value of amounts recognized for each major class of asset and liability for the industrial properties and land parcels acquired during the years ended December 31, 2018 and 2017:
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Summary of Industrial Property Dispositions | The following table summarizes our property dispositions for the years ended December 31, 2018, 2017 and 2016:
(A) The year ended December 31, 2018 includes a partial sale of a 0.1 million square-foot industrial property. (B) Gross proceeds and gain on sale of real estate include the sale of several land parcels for the years ended December 31, 2018, 2017 and 2016. |
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- Definition Schedule of Acquisitions of Industrial Properties [Table Text Block] No definition available.
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- Definition Schedule of Dispositions of Industrial Properties [Table Text Block] No definition available.
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- References No definition available.
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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. No definition available.
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Indebtedness (Tables) |
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Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Indebtedness | The following table discloses certain information regarding our indebtedness:
(A) During the year ended December 31, 2018, pursuant to the agreements for our unsecured term loans entered into in 2014 and 2015 (collectively, the "Unsecured Term Loans"), we elected to have the interest spread calculated based on our investment grade rating resulting in a 10 basis point reduction in the credit spread compared to the prior rate. The interest rate at December 31, 2018 also reflects the derivative instruments we entered into to effectively convert the variable rate to a fixed rate. See Note 12. (B) The maturity date may be extended an additional year at our election, subject to certain restrictions. Amounts exclude unamortized debt issuance costs of $3,554 and $4,781 as of December 31, 2018 and 2017, respectively, which are included in the line item Prepaid Expenses and Other Assets, Net. |
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Schedule of Maturities | The following is a schedule of the stated maturities and scheduled principal payments of our indebtedness, exclusive of premiums, discounts and debt issuance costs, 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, 2018 and 2017, the fair value of our indebtedness was as follows:
(A) The carrying amounts include unamortized premiums and discounts and exclude unamortized debt issuance costs. |
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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://fasb.org/us-gaap/role/ref/legacyRef
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Variable Interest Entities (Tables) |
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Other Real Estate Partnerships' Summarized 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 Variable Interest Entities [Abstract] No definition available.
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- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common Stock and Units Roll-Forward | 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 stock or restricted Unit awards (see Note 11), for the three years ended December 31, 2018:
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Summary of Dividends/Distributions | The following table summarizes dividends/distributions accrued during the past three years:
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X | ||||||||||
- 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://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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Accumulated Other Comprehensive Income (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Accumulated Other Comprehensive Loss | The following table summarizes the changes in accumulated other comprehensive income by component for the years ended December 31, 2018 and 2017:
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Reclassification Out of Accumulated Other Comprehensive Loss | The following table summarizes the reclassifications out of accumulated other comprehensive income for the years ended December 31, 2018, 2017 and 2016:
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X | ||||||||||
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Earnings Per Share / Unit (EPS / EPU) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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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:
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X | ||||||||||
- 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://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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Income Taxes (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Components of Income Tax Benefit (Provision) | The components of the income tax benefit (provision) for the years ended December 31, 2018, 2017 and 2016 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 income tax assets and liabilities include the following as of December 31, 2018 and 2017:
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Effective Income Tax Rate Reconciliation | The income tax benefit (provision) pertaining to income before taxes of the TRSs differs from the amounts computed by applying the applicable federal statutory rate as follows for the years ended December 31, 2018, 2017 and 2016:
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Federal Income Tax Treatment of Common Dividends | For the years ended December 31, 2018, 2017 and 2016, the dividends paid to the Company's common shareholders per common share for income tax purposes were characterized 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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Future Rental Revenues (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||
Operating Leases, Future Minimum Payments Receivable [Abstract] | |||||||||||||||||||||||||||||||||||||
Future 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, 2018 are approximately as follows:
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X | ||||||||||
- References No definition available.
|
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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Benefit Plans (Tables) |
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LTIP Unit Award Valuation Assumptions | 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:
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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, 2018 are summarized as follows:
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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://fasb.org/us-gaap/role/ref/legacyRef
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- 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.
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- References No definition available.
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Derivatives (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements on Recurring Basis | The following table sets forth our financial assets and liabilities related to the 2014 Swaps, the 2015 Swaps and the 2018 Treasury Locks, which are included in the line items Prepaid Expenses and Other Assets, Net or Accounts Payable, Accrued Expenses and Other Liabilities and are accounted for at fair value on a recurring basis as of December 31, 2018:
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- References No definition available.
|
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Commitments and Contingencies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||
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, 2018 are as follows:
|
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- References No definition available.
|
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- 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://fasb.org/us-gaap/role/ref/legacyRef
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Quarterly Financial Information (unaudited) (Tables) |
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quarterly Financial Information (unaudited) | The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2018 and 2017.
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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, 2018 and 2017.
|
X | ||||||||||
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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Organization - Additional Information (Details) ft² in Millions |
12 Months Ended | |
---|---|---|
Dec. 31, 2018
ft²
Property
State
|
Dec. 31, 2017 |
|
Organization [Line Items] | ||
Company's ownership interest | 98.00% | 96.80% |
Limited partners' ownership interest in the Operating Partnership | 2.00% | 3.20% |
Number of industrial properties owned | Property | 458 | |
Number of states in which industrial properties are located | State | 21 | |
Gross leasable area (GLA) of industrial properties owned | ft² | 63.1 | |
Other Real Estate Partnerships | ||
Organization [Line Items] | ||
Company's ownership interest | 100.00% | |
Number of Other Real Estate Partnerships | 8 | |
Operating Partnership's minimum ownership interest in the Other Real Estate Partnerships | 99.00% | |
General partners' minimum ownership interest in the Other Real Estate Partnerships | 0.01% | |
Joint Venture | ||
Organization [Line Items] | ||
Equity Method Investment, Ownership Percentage | 49.00% |
X | ||||||||||
- Definition Number of limited partnerships. No definition available.
|
X | ||||||||||
- Definition Organization And Formation Of Company [Line Items] 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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Percentage investment held by the managing member or general partner of the limited liability company (LLC) or limited partnership (LP). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Percentage investment held by members or limited partners of limited liability company (LLC) or limited partnership (LP). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Accounting Policies [Abstract] | |||
Maturity of liquid investments | three months or less | ||
Allowance for doubtful accounts receivable | $ 545 | $ 310 | |
Deferred rent receivable allowance amount | $ 1,444 | 1,557 | |
Minimum percentage of taxable income to be distributed | 90.00% | ||
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | |||
Restricted Cash | $ 7,271 | 25,336 | $ 11,602 |
Prepayments of Penalties Associated with Retirement of Debt | $ 0 | 1,453 | 554 |
Capitalized Initial Direct Costs | $ 0.01 | ||
Operating Lease, Asset | $ 12,500 | ||
Operating Lease, Liability | 12,500 | ||
In-Place Leases and Tenant Relationships | |||
Finite-Lived Intangible Assets [Line Items] | |||
Amortization of Intangible Assets | 6,267 | 6,648 | 6,717 |
Above and Below Market Leases | |||
Finite-Lived Intangible Assets [Line Items] | |||
Amortization of Intangible Assets | $ 1,095 | $ 1,116 | $ 996 |
X | ||||||||||
- Definition Capitalized initial direct costs related to lease origination. No definition available.
|
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 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. No definition available.
|
X | ||||||||||
- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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 | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Summary of Significant Accounting Policies - Useful Lives of Depreciable Assets (Details) |
12 Months Ended |
---|---|
Dec. 31, 2018 | |
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 | 3 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
|
Summary of Significant Accounting Policies - Summary of Deferred Leasing Intangibles (Details) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
---|---|---|
Finite-Lived Intangible Assets [Line Items] | ||
Total deferred leasing intangibles, net, included in total assets | $ 29,678 | $ 30,481 |
Total deferred leasing intangibles, net, included in total liabilities | 9,560 | 10,355 |
In-Place Leases | ||
Finite-Lived Intangible Assets [Line Items] | ||
Total deferred leasing intangibles, net, included in total assets | 19,971 | 19,921 |
Above Market Leases | ||
Finite-Lived Intangible Assets [Line Items] | ||
Total deferred leasing intangibles, net, included in total assets | 2,569 | 2,298 |
Below Market Ground Lease Obligation | ||
Finite-Lived Intangible Assets [Line Items] | ||
Total deferred leasing intangibles, net, included in total assets | 1,643 | 1,688 |
Tenant Relationships | ||
Finite-Lived Intangible Assets [Line Items] | ||
Total deferred leasing intangibles, net, included in total assets | 5,495 | 6,574 |
Below Market Leases | ||
Finite-Lived Intangible Assets [Line Items] | ||
Total deferred leasing intangibles, net, included in total liabilities | $ 9,560 | $ 10,355 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Summary of Significant Accounting Policies - Summary of Deferred Leasing Intangibles (Phantoms) (Details) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
---|---|---|
Accounting Policies [Abstract] | ||
Total accumulated amortization of deferred leasing intangibles included in total assets | $ 26,337 | $ 29,604 |
Total accumulated amortization of deferred leasing intangibles included in total liabilities | $ 11,356 | $ 10,578 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
Summary of Significant Accounting Policies - Future Amortization Expense Related to Deferred Leasing Intangibles (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
In-Place Leases and Tenant Relationships | |||
Finite-Lived Intangible Assets [Line Items] | |||
Amortization of Intangible Assets | $ 6,267 | $ 6,648 | $ 6,717 |
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract] | |||
2019 | 5,779 | ||
2020 | 4,988 | ||
2021 | 3,391 | ||
2022 | 3,013 | ||
2023 | 2,615 | ||
Above and Below Market Leases | |||
Finite-Lived Intangible Assets [Line Items] | |||
Amortization of Intangible Assets | 1,095 | $ 1,116 | $ 996 |
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract] | |||
2019 | 1,048 | ||
2020 | 943 | ||
2021 | 808 | ||
2022 | 784 | ||
2023 | $ 533 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References 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 | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Restricted Cash (Details) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
---|---|---|---|---|
Accounting Policies [Abstract] | ||||
Cash and Cash Equivalents | $ 43,102 | $ 21,146 | ||
Restricted Cash | 7,271 | 25,336 | $ 11,602 | |
Total Cash, Cash Equivalents, Restricted Cash | $ 50,373 | $ 46,482 | $ 21,461 | $ 26,992 |
X | ||||||||||
- References No definition available.
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Investment in Real Estate - Additional Information (Details) $ in Thousands, ft² in Millions |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Dec. 31, 2018
USD ($)
ft²
Property
|
Dec. 31, 2017
USD ($)
ft²
Property
|
Dec. 31, 2016
USD ($)
ft²
Property
|
||||
Real Estate Properties [Line Items] | ||||||
Number of industrial properties | Property | 458 | |||||
Gross leasable area (GLA) of industrial properties | ft² | 63.1 | |||||
Proceeds from sale of industrial properties | $ | [1] | $ 192,047 | $ 236,059 | $ 169,911 | ||
Gain on sale of real estate | $ | [1] | 81,600 | 131,269 | 68,202 | ||
Impairment of Real Estate | $ | $ 2,756 | $ 0 | $ 0 | |||
Acquisition Activity | ||||||
Real Estate Properties [Line Items] | ||||||
Number of industrial properties | Property | 10 | 8 | 6 | |||
Gross leasable area (GLA) of industrial properties | ft² | 1.0 | 1.1 | 0.7 | |||
Purchase price of industrial properties acquired | $ | $ 167,546 | $ 174,209 | $ 111,130 | |||
Disposition Activity | ||||||
Real Estate Properties [Line Items] | ||||||
Number of industrial properties | Property | 53 | 60 | 63 | |||
Gross leasable area (GLA) of industrial properties | ft² | 2.6 | 4.6 | 3.9 | |||
Impairment Activity | ||||||
Real Estate Properties [Line Items] | ||||||
Impairment of Real Estate | $ | $ 2,756 | |||||
Disposition with Impairment Activity | ||||||
Real Estate Properties [Line Items] | ||||||
Number of industrial properties | Property | 1 | |||||
Number of Land Parcels | Property | 1 | |||||
|
X | ||||||||||
- Definition Number of Land Parcels No definition available.
|
X | ||||||||||
- Definition The amount of assets acquired. No definition available.
|
X | ||||||||||
- Definition Area of a real estate property. No definition available.
|
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/2009/role/commonPracticeRef
|
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/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition The number of real estate properties owned as of the balance sheet date. No definition available.
|
X | ||||||||||
- Definition The cash inflow from sale of buildings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Investment in Real Estate Investment in Real Estate - Summary of Industrial Property Acquisitions (Details) $ in Thousands, ft² in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018
USD ($)
ft²
Property
|
Dec. 31, 2017
USD ($)
ft²
Property
|
Dec. 31, 2016
USD ($)
ft²
Property
|
|
Real Estate Properties [Line Items] | |||
Number of industrial properties | Property | 458 | ||
Gross leasable area (GLA) of industrial properties | ft² | 63.1 | ||
Acquisition Activity | |||
Real Estate Properties [Line Items] | |||
Number of industrial properties | Property | 10 | 8 | 6 |
Gross leasable area (GLA) of industrial properties | ft² | 1.0 | 1.1 | 0.7 |
Purchase price of industrial properties acquired | $ | $ 167,546 | $ 174,209 | $ 111,130 |
X | ||||||||||
- Definition The amount of assets acquired. No definition available.
|
X | ||||||||||
- Definition Area of a real estate property. No definition available.
|
X | ||||||||||
- Definition The number of real estate properties owned as of the balance sheet date. 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 | ||||||||||
- Details
|
Investment in Real Estate - Summary of Acquisition Purchase Price Allocation (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Real Estate [Line Items] | |||
Land | $ 909,318 | $ 864,813 | |
Buildings and Improvements | 2,704,850 | 2,521,457 | |
Acquisition Activity | |||
Real Estate [Line Items] | |||
Land | 79,347 | 92,810 | |
Buildings and Improvements | 81,747 | 73,028 | |
Other Assets | 1,225 | 1,659 | |
Purchase price of industrial properties acquired | 167,546 | 174,209 | $ 111,130 |
Assumed Mortgage Loan (See Note 4) | (11,654) | 0 | |
Purchase Price, Net | 155,892 | 174,209 | |
Acquisition Activity | In-Place Leases | |||
Real Estate [Line Items] | |||
Acquired finite lived intangible assets, fair value | (5,302) | (7,905) | |
Acquisition Activity | Above Market Leases | |||
Real Estate [Line Items] | |||
Acquired finite lived intangible assets, fair value | (662) | (227) | |
Acquisition Activity | Below Market Leases | |||
Real Estate [Line Items] | |||
Acquired Finite-lived Intangible Liabilities, Fair Value | $ (737) | $ (1,420) |
X | ||||||||||
- Definition Finite-lived Intangible Liabilities Acquired No definition available.
|
X | ||||||||||
- Definition The amount of assets acquired. No definition available.
|
X | ||||||||||
- Definition Purchase Price, Net No definition available.
|
X | ||||||||||
- Definition RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt No definition available.
|
X | ||||||||||
- Definition Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Investment in Real Estate Inestment in Real Estate - Summary of Industrial Property Dispositions (Details) $ in Thousands, ft² in Millions |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Dec. 31, 2018
USD ($)
ft²
Property
|
Dec. 31, 2017
USD ($)
ft²
Property
|
Dec. 31, 2016
USD ($)
ft²
Property
|
||||
Real Estate Properties [Line Items] | ||||||
Number of industrial properties | Property | 458 | |||||
Gross leasable area (GLA) of industrial properties | ft² | 63.1 | |||||
Proceeds from sale of industrial properties | $ | [1] | $ 192,047 | $ 236,059 | $ 169,911 | ||
Gain on sale of real estate | $ | [1] | $ 81,600 | $ 131,269 | $ 68,202 | ||
Disposition Activity | ||||||
Real Estate Properties [Line Items] | ||||||
Number of industrial properties | Property | 53 | 60 | 63 | |||
Gross leasable area (GLA) of industrial properties | ft² | 2.6 | 4.6 | 3.9 | |||
|
X | ||||||||||
- Definition Area of a real estate property. No definition available.
|
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/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition The number of real estate properties owned as of the balance sheet date. No definition available.
|
X | ||||||||||
- Definition The cash inflow from sale of buildings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
Indebtedness - Summary of Indebtedness (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 1,306,181 | ||||||
Unsecured Credit Facility | 0 | $ 144,500 | |||||
2027 Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 6,070 | 6,070 | |||||
Interest Rate | 7.15% | ||||||
Effective Interest Rate | 7.11% | ||||||
Maturity Date | May 15, 2027 | ||||||
2028 Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 31,901 | 31,901 | |||||
Interest Rate | 7.60% | ||||||
Effective Interest Rate | 8.13% | ||||||
Maturity Date | Jul. 15, 2028 | ||||||
2032 Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 10,600 | 10,600 | |||||
Interest Rate | 7.75% | ||||||
Effective Interest Rate | 7.87% | ||||||
Maturity Date | Apr. 15, 2032 | ||||||
2027 Private Placement Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 125,000 | $ 125,000 | |||||
Interest Rate | 4.30% | ||||||
Effective Interest Rate | 4.30% | 4.30% | |||||
Maturity Date | Apr. 20, 2027 | ||||||
2028 Private Placement Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 150,000 | $ 0 | |||||
Interest Rate | 3.86% | ||||||
Effective Interest Rate | 3.86% | ||||||
Maturity Date | Feb. 15, 2028 | ||||||
2029 Private Placement Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 75,000 | $ 75,000 | |||||
Interest Rate | 4.40% | ||||||
Effective Interest Rate | 4.40% | 4.40% | |||||
Maturity Date | Apr. 20, 2029 | ||||||
2030 Private Placement Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 150,000 | $ 0 | |||||
Interest Rate | 3.96% | ||||||
Effective Interest Rate | 3.96% | ||||||
Maturity Date | Feb. 15, 2030 | ||||||
2014 Unsecured Term Loan (A) | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 200,000 | 200,000 | |||||
Interest Rate | [1] | 3.39% | |||||
Maturity Date | Jan. 29, 2021 | ||||||
2015 Unsecured Term Loan (A) | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 260,000 | 260,000 | |||||
Interest Rate | [1] | 2.89% | |||||
Maturity Date | Sep. 12, 2022 | ||||||
Mortgage Loans Payable | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 297,610 | 451,602 | |||||
Unamortized Debt Issuance Costs | (1,246) | (1,806) | |||||
Unamortized Premiums | 106 | 260 | |||||
Long-term Debt | $ 296,470 | 450,056 | |||||
Maturity Date Range, Start | Jul. 01, 2019 | ||||||
Maturity Date Range, End | Aug. 01, 2028 | ||||||
Senior Unsecured Notes | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | $ 548,571 | 248,571 | |||||
Unamortized Debt Issuance Costs | (3,990) | (1,814) | |||||
Long-term Debt | 544,504 | 246,673 | |||||
Unamortized Discounts | (77) | (84) | |||||
Unsecured Term Loans | |||||||
Debt Instrument [Line Items] | |||||||
Long-term Debt, Gross | 460,000 | 460,000 | |||||
Unamortized Debt Issuance Costs | (3,191) | (4,232) | |||||
Long-term Debt | 456,809 | 455,768 | |||||
Unsecured Credit Facility | |||||||
Debt Instrument [Line Items] | |||||||
Unamortized Debt Issuance Costs | (3,554) | (4,781) | |||||
Unsecured Credit Facility | $ 0 | $ 144,500 | |||||
Maturity Date | [2] | Oct. 29, 2021 | |||||
Minimum | Mortgage Loans Payable | |||||||
Debt Instrument [Line Items] | |||||||
Interest Rate | 4.03% | ||||||
Effective Interest Rate | 3.82% | ||||||
Maximum | Mortgage Loans Payable | |||||||
Debt Instrument [Line Items] | |||||||
Interest Rate | 8.26% | ||||||
Effective Interest Rate | 8.26% | ||||||
|
X | ||||||||||
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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/disclosureRef
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X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Earliest date the outstanding debt instruments are required to be repaid, in CCYY-MM-DD format. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, after accumulated amortization, of debt premium. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. 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/disclosureRef
|
X | ||||||||||
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Indebtedness - Additional Information (Details) $ in Thousands, ft² in Millions |
12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Sep. 11, 2015
USD ($)
|
Jan. 29, 2014
USD ($)
|
Dec. 31, 2018
USD ($)
ft²
Property
|
Dec. 31, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
Oct. 31, 2017
USD ($)
|
Mar. 10, 2015
USD ($)
|
||||
Debt Instrument [Line Items] | ||||||||||
Loss from Retirement of Debt | $ (39) | $ (1,775) | $ 0 | |||||||
Long-term Debt, Gross | $ 1,306,181 | |||||||||
2028 Private Placement Notes | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Interest Rate | 3.86% | |||||||||
Long-term Debt, Gross | $ 150,000 | 0 | ||||||||
Effective Interest Rate | 3.86% | |||||||||
2030 Private Placement Notes | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Interest Rate | 3.96% | |||||||||
Long-term Debt, Gross | $ 150,000 | 0 | ||||||||
Effective Interest Rate | 3.96% | |||||||||
2027 Private Placement Notes | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Interest Rate | 4.30% | |||||||||
Long-term Debt, Gross | $ 125,000 | $ 125,000 | ||||||||
Effective Interest Rate | 4.30% | 4.30% | ||||||||
2029 Private Placement Notes | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Interest Rate | 4.40% | |||||||||
Long-term Debt, Gross | $ 75,000 | $ 75,000 | ||||||||
Effective Interest Rate | 4.40% | 4.40% | ||||||||
2017 II Notes | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Extinguishment of debt, amount | $ 101,871 | |||||||||
2017 Notes | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Extinguishment of debt, amount | 54,981 | |||||||||
2014 Unsecured Term Loan (A) | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Debt Instrument Interest Rate Change Due to Investment Grade Rating | 10 basis point | |||||||||
Loss from Retirement of Debt | 51 | |||||||||
Interest Rate | [1] | 3.39% | ||||||||
Debt Instrument, term | 7 years | |||||||||
Long-term Debt, Gross | $ 200,000 | 200,000 | ||||||||
Unsecured term loan, face amount | $ 200,000 | |||||||||
Debt instrument, interest rate terms | LIBOR plus 110 basis points | |||||||||
2015 Unsecured Term Loan (A) | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Interest Rate | [1] | 2.89% | ||||||||
Debt Instrument, term | 7 years | |||||||||
Long-term Debt, Gross | $ 260,000 | 260,000 | ||||||||
Unsecured term loan, face amount | $ 260,000 | |||||||||
Debt instrument, interest rate terms | LIBOR plus 110 basis points | |||||||||
Mortgage Loans Payable | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Unamortized Debt Issuance Expense | $ 1,246 | 1,806 | ||||||||
Extinguishment of debt, amount | 157,782 | 36,108 | ||||||||
Loss from Retirement of Debt | 39 | 1,653 | ||||||||
Net carrying value of industrial properties collateralized by mortgage loans | 459,225 | |||||||||
Long-term Debt, Gross | 297,610 | 451,602 | ||||||||
Mortgage Loans Payable | Assumed Mortgage | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Assumed mortgage loan | $ 11,654 | |||||||||
Number of industrial properties acquired | Property | 3 | |||||||||
Gross leasable area (GLA) of industrial properties acquired | ft² | 0.2 | |||||||||
Interest Rate | 4.17% | |||||||||
Debt Instrument, term | 30 years | |||||||||
Unsecured Credit Facility | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Unamortized Debt Issuance Expense | $ 3,554 | 4,781 | ||||||||
Loss from Retirement of Debt | $ 71 | |||||||||
Line of Credit Facility, current borrowing capacity | $ 725,000 | $ 625,000 | ||||||||
Line of Credit Facility, additional borrowings capacity | $ 1,000,000 | |||||||||
Number of years of extension of the Line of Credit Facility at election | 1 year | |||||||||
Line of Credit Facility, interest rate description | LIBOR plus 110 basis points | |||||||||
|
X | ||||||||||
- Definition Debt Instrument Interest Rate Change Due to Investment Grade Rating No definition available.
|
X | ||||||||||
- Definition Gross leasable area (GLA) of industrial properties acquired. No definition available.
|
X | ||||||||||
- Definition Number of years of extension of line of credit facility at election. No definition available.
|
X | ||||||||||
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of assets pledged to secure a debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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 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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The fair value of loans assumed in noncash investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The number of businesses acquired by the entity during the period. No definition available.
|
X | ||||||||||
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Indebtedness - Schedule of Maturities (Details) $ in Thousands |
Dec. 31, 2018
USD ($)
|
---|---|
Debt Disclosure [Abstract] | |
2019 | $ 79,600 |
2020 | 59,046 |
2021 | 267,113 |
2022 | 341,552 |
2023 | 321 |
Thereafter | 558,549 |
Total | $ 1,306,181 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
Indebtedness - Summary of Indebtedness at Estimated Fair Value (Details) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
---|---|---|
Carrying Amount (A) | ||
Debt Instrument [Line Items] | ||
Mortgage Loans Payable, Net | $ 297,716 | $ 451,862 |
Senior Unsecured Notes, Net | 548,494 | 248,487 |
Unsecured Term Loans | 460,000 | 460,000 |
Unsecured Credit Facility | 0 | 144,500 |
Total | 1,306,210 | 1,304,849 |
Fair Value | ||
Debt Instrument [Line Items] | ||
Mortgage Loans Payable, Net | 304,508 | 467,303 |
Senior Unsecured Notes, Net | 546,607 | 269,731 |
Unsecured Term Loans | 461,317 | 460,000 |
Unsecured Credit Facility | 0 | 144,500 |
Total | $ 1,312,432 | $ 1,341,534 |
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/disclosureRef
|
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 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. No definition available.
|
X | ||||||||||
- Definition Fair value portion of contractual obligation to pay money on demand or on fixed or determinable dates. No definition available.
|
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://fasb.org/us-gaap/role/ref/legacyRef
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Variable Interest Entities - Summarized Balance Sheet (Details) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
---|---|---|
ASSETS | ||
Net Investment in Real Estate | $ 2,861,860 | $ 2,705,826 |
Total Assets | 3,142,691 | 2,941,062 |
LIABILITIES AND PARTNERS' CAPITAL | ||
Mortgage Loans Payable, Net | 296,470 | 450,056 |
Total Liabilities and Equity/Partners' Capital | 3,142,691 | 2,941,062 |
Other Real Estate Partnerships | ||
ASSETS | ||
Net Investment in Real Estate | 260,528 | 270,708 |
Other Assets, Net | 25,059 | 23,530 |
Total Assets | 285,587 | 294,238 |
LIABILITIES AND PARTNERS' CAPITAL | ||
Mortgage Loans Payable, Net | 20,497 | 61,256 |
Other Liabilities, Net | 9,045 | 9,283 |
Partners' Capital | 256,045 | 223,699 |
Total Liabilities and Equity/Partners' Capital | $ 285,587 | $ 294,238 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
Variable Interest Entities Variable Interest Entities - Additional Information (Details) - Joint Venture $ in Thousands |
12 Months Ended |
---|---|
Dec. 31, 2018
USD ($)
Property
| |
Variable Interest Entity [Line Items] | |
Number of Acres | Property | 532 |
Purchase Price | $ | $ 49,000 |
Equity Method Investment, Ownership Percentage | 49.00% |
X | ||||||||||
- Definition Number of Acres No definition available.
|
X | ||||||||||
- Definition The amount of assets acquired. 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://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Additional Information (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Mar. 16, 2017 |
Mar. 14, 2014 |
|
Class of Stock [Line Items] | |||||
Operating Partnership, aggregate cash payment | $ 75,733 | ||||
Operating Partnership, shares | 2,624,167 | ||||
Preferred Stock, Shares Authorized | 10,000,000 | ||||
Net proceeds from the issuance of common stock | $ 145,584 | $ 74,880 | $ 124,936 | ||
Conversion of Limited Partner Units to Common Stock / General Partner Units | $ 0 | $ 0 | $ 0 | ||
Limited Partners' Capital Account, Units Retired | 33,333 | ||||
Common Stock | |||||
Class of Stock [Line Items] | |||||
Shares of common stock issued | 4,800,000 | 2,560,000 | 5,600,000 | ||
Net proceeds from the issuance of common stock | $ 145,584 | $ 74,880 | $ 124,936 | ||
Units converted to common stock | 1,350,721 | 31,154 | 266,332 | ||
Conversion of Limited Partner Units to Common Stock / General Partner Units | $ 16,605 | $ 364 | $ 2,862 | ||
First Industrial, L.P. | |||||
Class of Stock [Line Items] | |||||
Net proceeds from the issuance of common stock | 145,584 | 74,880 | 124,936 | ||
Conversion of Limited Partner Units to Common Stock / General Partner Units | 0 | 0 | 0 | ||
ATM [Member] | |||||
Class of Stock [Line Items] | |||||
Shares of company stock issuable under an at-the-market offering | 8,000,000 | 13,300,000 | |||
Aggregate Gross Sale Proceeds | $ 200,000 | $ 200,000 | |||
Noncontrolling Interest [Member] | |||||
Class of Stock [Line Items] | |||||
Conversion of Limited Partner Units to Common Stock / General Partner Units | $ (16,605) | $ (364) | $ (2,862) |
X | ||||||||||
- Definition The aggregate offering price of the distribution agreement for the at-the-market offering. No definition available.
|
X | ||||||||||
- Definition Incremental Common Shares Attributable to Conversion of Operating Partnership Units No definition available.
|
X | ||||||||||
- Definition Limited Partners' Capital Account, Units Retired No definition available.
|
X | ||||||||||
- Definition Payment in Cash for Redemption of Operating Partnership Units No definition available.
|
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.
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Common Stock and Units Roll-Forward (Details) - shares |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Class of Stock [Line Items] | |||
Common Stock/Units, Outstanding, Beginning Balance | 119,883,180 | ||
Issuance of Restricted Stock/Units Awards | 406,347 | ||
Vesting of LTIP Unit Awards | 469,533 | ||
Limited Partners' Capital Account, Units Retired | (33,333) | ||
Common Stock/Units, Outstanding, Ending Balance | 126,307,431 | 119,883,180 | |
Common Stock / Operating Partnership Units | |||
Class of Stock [Line Items] | |||
Common Stock/Units, Outstanding, Beginning Balance | 119,883,180 | 117,107,746 | 111,027,225 |
Issuance of Common Stock/Contribution of General Partner Units | 4,800,000 | 2,560,000 | 5,600,000 |
Issuance of Restricted Stock/Units Awards | 227,059 | 275,793 | 322,833 |
Vesting of LTIP Unit Awards | 150,772 | ||
Repurchase and Retirement of Restricted Stock/Unit Awards | (104,301) | (91,513) | (108,644) |
Conversion of Limited Partner Units | 1,350,721 | 31,154 | 266,332 |
Limited Partners' Capital Account, Units Retired | 0 | ||
Common Stock/Units, Outstanding, Ending Balance | 126,307,431 | 119,883,180 | 117,107,746 |
First Industrial, L.P. | Common Stock / Operating Partnership Units | |||
Class of Stock [Line Items] | |||
Common Stock/Units, Outstanding, Beginning Balance | 123,891,401 | 121,147,121 | 115,332,932 |
Issuance of Common Stock/Contribution of General Partner Units | 4,800,000 | 2,560,000 | 5,600,000 |
Issuance of Restricted Stock/Units Awards | 227,059 | 275,793 | 322,833 |
Vesting of LTIP Unit Awards | 150,772 | ||
Repurchase and Retirement of Restricted Stock/Unit Awards | (104,301) | (91,513) | (108,644) |
Conversion of Limited Partner Units | 0 | 0 | 0 |
Limited Partners' Capital Account, Units Retired | (33,333) | ||
Common Stock/Units, Outstanding, Ending Balance | 128,931,598 | 123,891,401 | 121,147,121 |
X | ||||||||||
- Definition Limited Partners' Capital Account, Units Retired 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 Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Summary of Dividends/Distributions (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Class of Stock [Line Items] | |||
Total Common Stock Dividends / Unit Distributions | $ 111,478 | $ 104,106 | $ 91,318 |
Common Stock / Operating Partnership Units | |||
Class of Stock [Line Items] | |||
Total Common Stock Dividends / Unit Distributions | $ 111,478 | $ 104,106 | $ 91,318 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
Accumulated Other Comprehensive Income (Changes in AOCI) (Details) - USD ($) $ in Thousands |
12 Months Ended | |
---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
|
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | $ 1,475,877 | $ 1,284,625 |
Ending Balance | 1,679,911 | 1,475,877 |
Derivative Instruments | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | 1,382 | (4,804) |
Other Comprehensive Income Before Reclassifications | 1,987 | 1,645 |
Amounts Reclassified from Accumulated Other Comprehensive Income | 205 | 4,541 |
Net Current Period Other Comprehensive Income | 2,192 | 6,186 |
Ending Balance | 3,574 | 1,382 |
Comprehensive (Loss) Income Attributable to Noncontrolling Interest of the Company | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | (44) | 161 |
Other Comprehensive Income Before Reclassifications | (28) | (205) |
Amounts Reclassified from Accumulated Other Comprehensive Income | 0 | 0 |
Net Current Period Other Comprehensive Income | (28) | (205) |
Ending Balance | (72) | (44) |
Accumulated Other Comprehensive (Loss) Income of the Company | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | 1,338 | (4,643) |
Other Comprehensive Income Before Reclassifications | 1,959 | 1,440 |
Amounts Reclassified from Accumulated Other Comprehensive Income | 205 | 4,541 |
Net Current Period Other Comprehensive Income | 2,164 | 5,981 |
Ending Balance | 3,502 | 1,338 |
First Industrial, L.P. | Accumulated Other Comprehensive Income of the Operating Partnership | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | 1,382 | (4,804) |
Other Comprehensive Income Before Reclassifications | 1,987 | 1,645 |
Amounts Reclassified from Accumulated Other Comprehensive Income | 205 | 4,541 |
Net Current Period Other Comprehensive Income | 2,192 | 6,186 |
Ending Balance | $ 3,574 | $ 1,382 |
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 tax, before reclassification adjustments of other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount after tax of reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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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Accumulated Other Comprehensive Income (Amounts Reclassified from AOCI) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Settlement Gain on Derivative Instruments | $ 0 | $ 1,896 | $ 0 |
Interest Expense - Amortization of IRPAs | 50,775 | 57,199 | 59,430 |
Total | 27,382 | 71,029 | 5,553 |
Interest Rate Swap | Reclassification out of Accumulated Other Comprehensive Loss | Derivative Instruments | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Interest Expense - Amortization of IRPAs | 96 | 205 | 390 |
Interest Expense - Settlement Payments | 109 | 4,336 | 7,123 |
Total | $ 205 | $ 4,541 | $ 7,513 |
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/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of interest expense classified as other. No definition available.
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Accumulated Other Comprehensive Income - Additional Information (Details) $ in Thousands |
12 Months Ended |
---|---|
Dec. 31, 2018
USD ($)
| |
Accumulated Other Comprehensive Loss [Abstract] | |
Amortization to be reclassified from OCI into income | $ 96 |
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. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Earnings Per Share / Unit (EPS / EPU) - Computation of Basic and Diluted EPS / EPU (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2018 |
Sep. 30, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 31, 2017 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Mar. 31, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Numerator: | |||||||||||
Net Income Available to Common Stockholders / Unitholders and Participating Securities | $ 50,827 | $ 30,911 | $ 45,209 | $ 36,292 | $ 97,987 | $ 43,198 | $ 37,562 | $ 22,709 | $ 163,239 | $ 201,456 | $ 121,232 |
Net Income Allocable to Participating Securities | (164) | (101) | (151) | (97) | (331) | (145) | (129) | (67) | (513) | (646) | (411) |
Net Income Available to Common Stockholders / Unitholders | $ 50,663 | $ 30,810 | $ 45,058 | $ 36,195 | $ 97,656 | $ 43,053 | $ 37,433 | $ 22,642 | $ 162,726 | $ 200,810 | $ 120,821 |
Denominator: | |||||||||||
Weighted Average Shares/Units - Basic | 125,897 | 125,768 | 123,616 | 119,846 | 119,462 | 119,446 | 117,299 | 116,837 | 123,804 | 118,272 | 115,030 |
LTIP Unit Awards (As Defined in Note 11) | 387 | 515 | 340 | ||||||||
Weighted Average Shares / Units - Diluted | 126,249 | 126,130 | 124,085 | 120,211 | 120,076 | 119,990 | 117,779 | 117,261 | 124,191 | 118,787 | 115,370 |
Basic Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.82 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.70 | $ 1.05 |
Diluted Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.81 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.69 | $ 1.05 |
First Industrial, L.P. | |||||||||||
Numerator: | |||||||||||
Net Income Available to Common Stockholders / Unitholders and Participating Securities | $ 51,913 | $ 31,508 | $ 46,382 | $ 37,443 | $ 101,254 | $ 44,613 | $ 38,827 | $ 23,464 | $ 167,246 | $ 208,158 | $ 125,547 |
Net Income Allocable to Participating Securities | (164) | (101) | (151) | (97) | (331) | (145) | (129) | (66) | (513) | (646) | (410) |
Net Income Available to Common Stockholders / Unitholders | $ 51,749 | $ 31,407 | $ 46,231 | $ 37,346 | $ 100,923 | $ 44,468 | $ 38,698 | $ 23,398 | $ 166,733 | $ 207,512 | $ 125,137 |
Denominator: | |||||||||||
Weighted Average Shares/Units - Basic | 128,526 | 128,526 | 126,832 | 123,729 | 123,483 | 123,483 | 121,339 | 120,877 | 126,921 | 122,306 | 119,274 |
LTIP Unit Awards (As Defined in Note 11) | 387 | 515 | 340 | ||||||||
Weighted Average Shares / Units - Diluted | 128,878 | 128,888 | 127,301 | 124,094 | 124,097 | 124,027 | 121,819 | 121,301 | 127,308 | 122,821 | 119,614 |
Basic Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.82 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.70 | $ 1.05 |
Diluted Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.81 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.69 | $ 1.05 |
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/disclosureRef
|
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/exampleRef
|
X | ||||||||||
- References No definition available.
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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/disclosureRef
|
X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Details
|
Earnings Per Share / Unit (EPS / EPU) - Additional Information (Details) - shares |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
---|---|---|---|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Unvested Restricted Stock / Unit Awards | 1,000,819 | 1,112,828 | |
Restricted Stock/Unit Awards | Management | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Unvested Restricted Stock / Unit Awards | 405,436 | 408,248 | 406,855 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
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) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Current: | |||
Federal | $ 22 | $ (859) | $ (656) |
State | (310) | (344) | (251) |
Deferred: | |||
Federal | 400 | 0 | 0 |
State | (20) | 10 | (182) |
Income Tax Provision | $ 92 | $ (1,193) | $ (1,089) |
X | ||||||||||
- Definition Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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/disclosureRef
|
Income Taxes - Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
---|---|---|
Income Tax Disclosure [Abstract] | ||
Impairment of Real Estate | $ 1,107 | $ 1,267 |
Other - Temporary Differences | 584 | 233 |
Valuation Allowance | (840) | (984) |
Total Deferred Income Tax Assets, Net of Allowance | 851 | 516 |
Straight-line Rent | (39) | (40) |
Basis Difference - Real Estate Properties | (424) | (488) |
Other - Temporary Differences | (192) | (172) |
Total Deferred Income Tax Liabilities | (655) | (700) |
Total Net Deferred Income Tax Assets | $ 196 | |
Total Net Deferred Income Tax Liabilities | $ (184) |
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from estimated impairment losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences without jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from tax deferred revenue or income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Income Tax Disclosure [Abstract] | |||
Tax Benefit (Provision) at Federal Rate | $ 436 | $ (1,416) | $ (1,764) |
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount | 0 | (609) | 0 |
State Tax Provision, Net of Federal Benefit | (417) | (376) | (462) |
Change in Valuation Allowance | 144 | 1,197 | 1,256 |
Other | (71) | 11 | (119) |
Income Tax Provision | $ 92 | $ (1,193) | $ (1,089) |
X | ||||||||||
- References No definition available.
|
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/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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 income tax rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
Income Taxes - Federal Income Tax Treatment of Common Dividends (Details) - Common Stock - $ / shares |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Income Tax [Line Items] | |||
Ordinary Income (A) | $ 0.6858 | $ 0.6552 | $ 0.6935 |
Unrecaptured Section 1250 Gain | 0.1497 | 0.1627 | 0.1130 |
Capital Gain | 0.0330 | 0.0648 | 0.0066 |
Qualified Dividend | 0.0015 | 0.0000 | 0.0000 |
Return of Capital | 0.0000 | 0.0000 | 0.0272 |
Distributions Per Common Share | $ 0.8700 | $ 0.8827 | $ 0.8403 |
Ordinary Income as a Percentage of Distributions | 78.83% | 74.23% | 82.53% |
Unrecaptured Section 1250 Gain as a Percentage of Distributions | 17.21% | 18.43% | 13.45% |
Capital Gain as a Percentage of Distributions | 3.79% | 7.34% | 0.78% |
Qualified Dividend as a Percentage Of Distributions | 0.17% | 0.00% | 0.00% |
Return of Capital as a Percentage of Distributions | 0.00% | 0.00% | 3.24% |
Common Distributions Percentage | 100.00% | 100.00% | 100.00% |
X | ||||||||||
- Definition Capital Gain Per Share No definition available.
|
X | ||||||||||
- Definition Capital Gain as Percentage of Distributions No definition available.
|
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 Qualified Dividend No definition available.
|
X | ||||||||||
- Definition Qualified Dividend As Percentage Of Distributions No definition available.
|
X | ||||||||||
- Definition Return of capital as percentage of distributions. No definition available.
|
X | ||||||||||
- Definition Return of capital 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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
Future Rental Revenues - Future Minimum Lease Payments Receivable, Excluding Tenant Reimbursements of Expenses, Under Non-Cancelable Operating Leases (Details) $ in Thousands |
Dec. 31, 2018
USD ($)
|
---|---|
Operating Leases, Future Minimum Payments Receivable [Abstract] | |
2019 | $ 305,689 |
2020 | 288,817 |
2021 | 244,743 |
2022 | 205,097 |
2023 | 169,243 |
Thereafter | 451,151 |
Total | $ 1,664,740 |
X | ||||||||||
- Definition Future minimum rental payments in aggregate as of the balance sheet date under operating leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Future rental payments receivable within the fifth year from the balance sheet date under an operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Future rental payments receivable within the fourth year from the balance sheet date under an operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Future rental payments receivable within the third year from the balance sheet date under an operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Future rental payments receivable within the second year from the balance sheet date under an operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Future minimum lease payments receivable under operating leases for periods greater than five years following the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Benefit Plans - Additional Information (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares available under the Stock Incentive Plan | 1,600,000 | ||
Amortization related to restricted stock/Unit awards and LTIP Unit Awards | $ 7,586 | $ 8,611 | $ 7,371 |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount | 472 | ||
Unrecognized compensation related to unvested restricted stock/Unit awards and LTIP Unit Awards | $ 8,306 | ||
Weighted average period of unrecognized compensation expected to be recognized | 10 months 16 days | ||
Matching contributions in 401(k)/profit sharing plan | $ 688 | $ 518 | $ 509 |
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% | ||
Management | Restricted Stock/Unit Awards | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Restricted stock/Unit Awards and LTIP Unit Awards issued | 211,890 | 260,685 | 308,373 |
Fair Value of restricted stock/Unit awards and LTIP Unit Awards issued | $ 6,068 | $ 6,871 | $ 6,047 |
Vesting period of restricted stock/Unit awards and LTIP Unit Awards issued | 3 years | ||
Compensation expense recognized at date of grant | $ 1,590 | $ 1,710 | |
Management | LTIP Unit Awards | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Restricted stock/Unit Awards and LTIP Unit Awards issued | 179,288 | 195,951 | |
Fair Value of restricted stock/Unit awards and LTIP Unit Awards issued | $ 2,381 | $ 2,473 | |
Vesting period of restricted stock/Unit awards and LTIP Unit Awards issued | 3 years | ||
Director | Restricted Stock/Unit Awards | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Restricted stock/Unit Awards and LTIP Unit Awards issued | 15,169 | 15,108 | 14,460 |
Fair Value of restricted stock/Unit awards and LTIP Unit Awards issued | $ 490 | $ 420 | $ 350 |
Vesting period of restricted stock/Unit awards and LTIP Unit Awards issued | 1 year |
X | ||||||||||
- Definition The fair value at approval date of non-option equity instruments granted during the period. No definition available.
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of contributions made by employer into fund established for purposes of making future disbursement to individual in accordance with 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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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 Estimated period over which an employee is required to provide service in exchange for the equity-based payment award, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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 Net number of non-option equity instruments granted to participants. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Percentage of vesting of share-based compensation awards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
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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Benefit Plans - LTIP Unit Award Valuation Assumptions (Details) - LTIP Unit Awards |
12 Months Ended | |
---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected dividend yield | 2.67% | 2.71% |
Expected volatility - weighted average | 17.02% | 21.68% |
Minimum | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected volatility - range used | 15.83% | 21.50% |
Risk-free interest rate | 1.57% | 0.66% |
Maximum | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected volatility - range used | 17.87% | 21.80% |
Risk-free interest rate | 2.04% | 1.58% |
X | ||||||||||
- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Weighted average expected volatility rate of share-based compensation awards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
X | ||||||||||
- Details
|
Benefit Plans - Summary of Restricted Stock/Unit Award and LTIP Unit Award Transactions (Details) |
12 Months Ended |
---|---|
Dec. 31, 2018
$ / 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 | 1,112,828 |
Issued, Awards | shares | 406,347 |
Forfeited, Awards | shares | (48,823) |
Vested, Awards | shares | (469,533) |
Outstanding, Ending Balance, Awards | shares | 1,000,819 |
Outstanding, Weighted Average Grant Date Fair Value, Beginning of Period | $ / shares | $ 15.31 |
Issued, Weighted Average Grant Date Fair Value | $ / shares | 22.00 |
Forfeited, Weighted Average Grant Date Fair Value | $ / shares | 17.47 |
Vested, Weighted Average Grant Date Fair Value | $ / shares | 15.55 |
Outstanding, Weighted Average Grant Date Fair Value, End of Period | $ / shares | $ 17.81 |
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
Derivatives - Additional Information (Details) - USD ($) $ in Thousands |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Sep. 30, 2017 |
Sep. 30, 2015 |
Jan. 31, 2014 |
|
Derivative [Line Items] | ||||||
Settlement Gain on Derivative Instruments | $ 0 | $ 1,896 | $ 0 | |||
2018 Treasury Locks | ||||||
Derivative [Line Items] | ||||||
Debt instrument, LIBOR Rate | ten year U.S. Treasury | |||||
Swaps, Number of Instruments Held | 2 | |||||
Swaps, Notional Amount | $ 100,000 | |||||
Swaps, Average Fixed Interest Rate | 2.93% | |||||
2014 Swaps | ||||||
Derivative [Line Items] | ||||||
Debt instrument, LIBOR Rate | one month LIBOR | |||||
Swaps, Number of Instruments Held | 4 | |||||
Swaps, Notional Amount | $ 200,000 | |||||
Swaps, Average Fixed Interest Rate | 2.29% | |||||
2015 Swaps | ||||||
Derivative [Line Items] | ||||||
Debt instrument, LIBOR Rate | one month LIBOR | |||||
Swaps, Number of Instruments Held | 6 | |||||
Swaps, Notional Amount | $ 260,000 | |||||
Swaps, Average Fixed Interest Rate | 1.79% | |||||
2017 Treasury Locks | ||||||
Derivative [Line Items] | ||||||
Debt instrument, LIBOR Rate | ten year U.S. Treasury | |||||
Swaps, Number of Instruments Held | 2 | |||||
Swaps, Notional Amount | $ 100,000 | |||||
Swaps, Average Fixed Interest Rate | 2.18% | |||||
Settlement Gain on Derivative Instruments | $ 1,896 |
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 Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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- Details
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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Derivatives - Fair Value Measurements on Recurring Basis (Details) $ in Thousands |
Dec. 31, 2018
USD ($)
|
---|---|
2014 Swaps | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | $ 751 |
2014 Swaps | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 0 |
2014 Swaps | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 751 |
2014 Swaps | Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 0 |
2015 Swaps | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 5,893 |
2015 Swaps | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 0 |
2015 Swaps | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 5,893 |
2015 Swaps | Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Asset, Fair Value | 0 |
2018 Treasury Locks | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Liability, Fair Value | (2,162) |
2018 Treasury Locks | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Liability, Fair Value | 0 |
2018 Treasury Locks | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Liability, Fair Value | (2,162) |
2018 Treasury Locks | Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3) | |
Fair Value On Recurring Basis [Line Items] | |
Hedging Instrument, Liability, Fair Value | $ 0 |
X | ||||||||||
- Definition Fair Value On Recurring Basis [Line Items] No definition available.
|
X | ||||||||||
- Definition Fair value of all asset derivatives designated as cash flow hedging instruments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Fair value of all liability derivatives designated as cash flow hedging instruments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
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- Details
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- Details
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- Details
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Related Party Transactions - Additional Information (Details) - USD ($) $ in Thousands |
12 Months Ended | |
---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
|
Related Party Transaction [Line Items] | ||
Receivable balance due from a direct wholly-owned subsidiary | $ 10,118 | $ 10,129 |
Joint Venture | ||
Related Party Transaction [Line Items] | ||
Asset Management Fees | 113 | |
Receivable balance due from joint venture | $ 38 |
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition For an unclassified balance sheet, amounts due from an entity in which the reporting entity shares joint control with another party or group. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of revenue derived from managing real estate properties. 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 | ||||||||||
- Details
|
Commitments and Contingencies - Additional Information (Details) $ in Thousands, ft² in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018
USD ($)
ft²
Property
|
Dec. 31, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
|
Other Commitments [Line Items] | |||
Number of industrial properties | Property | 458 | ||
Outstanding amount of letters of credit and performance bonds in the aggregate | $ 18,573 | ||
Gross leasable area (GLA) of industrial properties | ft² | 63.1 | ||
Operating and ground lease expense | $ 1,566 | $ 1,419 | $ 1,380 |
Leases with purchase options | |||
Other Commitments [Line Items] | |||
Number of industrial properties | Property | 5 | ||
Development Activity | |||
Other Commitments [Line Items] | |||
Number of industrial properties | Property | 7 | ||
Gross leasable area (GLA) of industrial properties | ft² | 2.8 | ||
Estimated total investment | $ 189,400 | ||
Estimated total investment remaining to be funded | $ 140,300 |
X | ||||||||||
- Definition Estimated total investment of industrial properties under construction. No definition available.
|
X | ||||||||||
- Definition Estimated total investment remaining to be funded of industrial properties under construction. No definition available.
|
X | ||||||||||
- Definition Area of a real estate property. 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 The number of real estate properties owned as of the balance sheet 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://fasb.org/us-gaap/role/ref/legacyRef
|
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
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X | ||||||||||
- Details
|
Commitments and Contingencies - Future Minimum Rental Payments Under Non-Cancelable Ground and Operating Leases (Details) $ in Thousands |
Dec. 31, 2018
USD ($)
|
|||
---|---|---|---|---|
Commitments and Contingencies Disclosure [Abstract] | ||||
2019 | $ 1,464 | |||
2020 | 1,536 | |||
2021 | 1,503 | |||
2022 | 1,465 | |||
2023 | 1,329 | |||
Thereafter | 29,025 | |||
Total | $ 36,322 | [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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
Subsequent Events - Additional Information (Details) $ in Thousands |
12 Months Ended | ||||
---|---|---|---|---|---|
Feb. 04, 2019
USD ($)
Property
|
Jan. 25, 2019
USD ($)
Property
|
Dec. 31, 2018
USD ($)
Property
|
Dec. 31, 2017
USD ($)
Property
|
Dec. 31, 2016
USD ($)
Property
|
|
Subsequent Event [Line Items] | |||||
Number of industrial properties | 458 | ||||
Acquisition Activity | |||||
Subsequent Event [Line Items] | |||||
Number of industrial properties | 10 | 8 | 6 | ||
Purchase price of industrial properties acquired | $ | $ 167,546 | $ 174,209 | $ 111,130 | ||
Subsequent Events | Acquisition Activity | |||||
Subsequent Event [Line Items] | |||||
Number of Land Parcels | 1 | ||||
Number of industrial properties | 1 | ||||
Purchase price of industrial properties acquired | $ | $ 12,258 | $ 1,760 |
X | ||||||||||
- Definition Number of Land Parcels No definition available.
|
X | ||||||||||
- Definition The amount of assets acquired. No definition available.
|
X | ||||||||||
- Definition The number of real estate properties owned as of the balance sheet date. No definition available.
|
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
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X | ||||||||||
- Details
|
Quarterly Financial Information (unaudited) - Net Income Available and Basic and Diluted EPS/EPU (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2018 |
Sep. 30, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 31, 2017 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Mar. 31, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
|
Total Revenues | $ 105,082 | $ 100,256 | $ 98,845 | $ 99,771 | $ 102,130 | $ 99,310 | $ 97,579 | $ 97,383 | $ 403,954 | $ 396,402 | $ 378,020 |
Net Income Available to Common Stockholders / Unitholders and Participating Securities | 50,827 | 30,911 | 45,209 | 36,292 | 97,987 | 43,198 | 37,562 | 22,709 | 163,239 | 201,456 | 121,232 |
Net Income Allocable to Participating Securities | (164) | (101) | (151) | (97) | (331) | (145) | (129) | (67) | (513) | (646) | (411) |
Net Income Available to Common Stockholders / Unitholders | $ 50,663 | $ 30,810 | $ 45,058 | $ 36,195 | $ 97,656 | $ 43,053 | $ 37,433 | $ 22,642 | $ 162,726 | $ 200,810 | $ 120,821 |
Basic Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.82 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.70 | $ 1.05 |
Diluted Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.81 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.69 | $ 1.05 |
Weighted Average Shares/Units - Basic | 125,897 | 125,768 | 123,616 | 119,846 | 119,462 | 119,446 | 117,299 | 116,837 | 123,804 | 118,272 | 115,030 |
Weighted Average Shares / Units - Diluted | 126,249 | 126,130 | 124,085 | 120,211 | 120,076 | 119,990 | 117,779 | 117,261 | 124,191 | 118,787 | 115,370 |
First Industrial, L.P. | |||||||||||
Total Revenues | $ 105,082 | $ 100,256 | $ 98,845 | $ 99,771 | $ 102,130 | $ 99,310 | $ 97,579 | $ 97,383 | $ 403,954 | $ 396,402 | $ 378,020 |
Net Income Available to Common Stockholders / Unitholders and Participating Securities | 51,913 | 31,508 | 46,382 | 37,443 | 101,254 | 44,613 | 38,827 | 23,464 | 167,246 | 208,158 | 125,547 |
Net Income Allocable to Participating Securities | (164) | (101) | (151) | (97) | (331) | (145) | (129) | (66) | (513) | (646) | (410) |
Net Income Available to Common Stockholders / Unitholders | $ 51,749 | $ 31,407 | $ 46,231 | $ 37,346 | $ 100,923 | $ 44,468 | $ 38,698 | $ 23,398 | $ 166,733 | $ 207,512 | $ 125,137 |
Basic Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.82 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.70 | $ 1.05 |
Diluted Earnings Per Share / Unit: | |||||||||||
Net Income Available to Common Stockholders/Unitholders | $ 0.40 | $ 0.24 | $ 0.36 | $ 0.30 | $ 0.81 | $ 0.36 | $ 0.32 | $ 0.19 | $ 1.31 | $ 1.69 | $ 1.05 |
Weighted Average Shares/Units - Basic | 128,526 | 128,526 | 126,832 | 123,729 | 123,483 | 123,483 | 121,339 | 120,877 | 126,921 | 122,306 | 119,274 |
Weighted Average Shares / Units - Diluted | 128,878 | 128,888 | 127,301 | 124,094 | 124,097 | 124,027 | 121,819 | 121,301 | 127,308 | 122,821 | 119,614 |
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/disclosureRef
|
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/exampleRef
|
X | ||||||||||
- References No definition available.
|
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/disclosureRef
|
X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
Schedule III: Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
|
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | $ 297,716 | |||
Land | 919,414 | |||
Buildings and Improvements | 1,526,633 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,227,597 | |||
Land | 909,318 | |||
Buildings and Improvements | 2,764,326 | |||
Total | 3,673,644 | |||
Accumulated Depreciation 12/31/2018 | $ 811,784 | $ 789,919 | $ 797,919 | $ 792,501 |
1650 Highway 155 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | McDonough, GA | |||
Land | $ 779 | |||
Buildings and Improvements | 4,544 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (669) | |||
Land | 345 | |||
Buildings and Improvements | 4,309 | |||
Total | 4,654 | |||
Accumulated Depreciation 12/31/2018 | $ 2,573 | |||
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 | 1,666 | |||
Land | 726 | |||
Buildings and Improvements | 5,796 | |||
Total | 6,522 | |||
Accumulated Depreciation 12/31/2018 | $ 3,072 | |||
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 | 1,929 | |||
Land | 828 | |||
Buildings and Improvements | 6,311 | |||
Total | 7,139 | |||
Accumulated Depreciation 12/31/2018 | $ 3,522 | |||
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 | 2,088 | |||
Land | 1,157 | |||
Buildings and Improvements | 7,861 | |||
Total | 9,018 | |||
Accumulated Depreciation 12/31/2018 | $ 4,320 | |||
5570 Tulane Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Encumbrances | $ 2,055 | |||
Land | 527 | |||
Buildings and Improvements | 2,984 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,255 | |||
Land | 546 | |||
Buildings and Improvements | 4,220 | |||
Total | 4,766 | |||
Accumulated Depreciation 12/31/2018 | $ 2,114 | |||
955 Cobb Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kennesaw, GA | |||
Encumbrances | $ 2,688 | |||
Land | 780 | |||
Buildings and Improvements | 4,420 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,032 | |||
Land | 804 | |||
Buildings and Improvements | 5,428 | |||
Total | 6,232 | |||
Accumulated Depreciation 12/31/2018 | $ 2,783 | |||
1005 Sigman Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Conyers, GA | |||
Encumbrances | $ 2,125 | |||
Land | 566 | |||
Buildings and Improvements | 3,134 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,226 | |||
Land | 574 | |||
Buildings and Improvements | 4,352 | |||
Total | 4,926 | |||
Accumulated Depreciation 12/31/2018 | $ 1,804 | |||
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 | 860 | |||
Land | 459 | |||
Buildings and Improvements | 3,357 | |||
Total | 3,816 | |||
Accumulated Depreciation 12/31/2018 | $ 1,476 | |||
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 | 3,202 | |||
Land | 1,604 | |||
Buildings and Improvements | 15,662 | |||
Total | 17,266 | |||
Accumulated Depreciation 12/31/2018 | $ 5,925 | |||
175 Greenwood Industrial Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | McDonough, GA | |||
Encumbrances | $ 3,987 | |||
Land | 1,550 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,695 | |||
Land | 1,550 | |||
Buildings and Improvements | 7,695 | |||
Total | 9,245 | |||
Accumulated Depreciation 12/31/2018 | $ 2,824 | |||
5095 Phillip Lee Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Atlanta, GA | |||
Land | $ 735 | |||
Buildings and Improvements | 3,627 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 447 | |||
Land | 740 | |||
Buildings and Improvements | 4,069 | |||
Total | 4,809 | |||
Accumulated Depreciation 12/31/2018 | $ 3,405 | |||
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 | 127 | |||
Land | 513 | |||
Buildings and Improvements | 1,374 | |||
Total | 1,887 | |||
Accumulated Depreciation 12/31/2018 | $ 610 | |||
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 | 332 | |||
Land | 715 | |||
Buildings and Improvements | 2,638 | |||
Total | 3,353 | |||
Accumulated Depreciation 12/31/2018 | $ 1,309 | |||
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 | 572 | |||
Land | 610 | |||
Buildings and Improvements | 4,454 | |||
Total | 5,064 | |||
Accumulated Depreciation 12/31/2018 | $ 2,515 | |||
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 | 529 | |||
Land | 402 | |||
Buildings and Improvements | 2,315 | |||
Total | 2,717 | |||
Accumulated Depreciation 12/31/2018 | $ 1,053 | |||
1755 Enterprise Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Buford, GA | |||
Encumbrances | $ 1,127 | |||
Land | 712 | |||
Buildings and Improvements | 2,118 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (217) | |||
Land | 716 | |||
Buildings and Improvements | 1,897 | |||
Total | 2,613 | |||
Accumulated Depreciation 12/31/2018 | $ 890 | |||
4555 Atwater Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Buford, GA | |||
Encumbrances | $ 1,980 | |||
Land | 881 | |||
Buildings and Improvements | 3,550 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 161 | |||
Land | 885 | |||
Buildings and Improvements | 3,707 | |||
Total | 4,592 | |||
Accumulated Depreciation 12/31/2018 | $ 1,517 | |||
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 | (1,560) | |||
Land | 467 | |||
Buildings and Improvements | 2,424 | |||
Total | 2,891 | |||
Accumulated Depreciation 12/31/2018 | $ 1,037 | |||
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 | 2,890 | |||
Land | 2,594 | |||
Buildings and Improvements | 24,606 | |||
Total | 27,200 | |||
Accumulated Depreciation 12/31/2018 | $ 7,718 | |||
11415 Old Roswell Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Alpharetta, GA | |||
Land | $ 2,403 | |||
Buildings and Improvements | 1,912 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 808 | |||
Land | 2,428 | |||
Buildings and Improvements | 2,695 | |||
Total | 5,123 | |||
Accumulated Depreciation 12/31/2018 | $ 1,032 | |||
1281 Highway 155 S. [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 | 17,056 | |||
Land | 2,502 | |||
Buildings and Improvements | 17,055 | |||
Total | 19,557 | |||
Accumulated Depreciation 12/31/2018 | $ 1,149 | |||
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 | 187 | |||
Land | 3,208 | |||
Buildings and Improvements | 8,366 | |||
Total | 11,574 | |||
Accumulated Depreciation 12/31/2018 | $ 2,466 | |||
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 | (903) | |||
Land | 2,206 | |||
Buildings and Improvements | 8,437 | |||
Total | 10,643 | |||
Accumulated Depreciation 12/31/2018 | $ 2,723 | |||
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 | 195 | |||
Land | 1,038 | |||
Buildings and Improvements | 3,306 | |||
Total | 4,344 | |||
Accumulated Depreciation 12/31/2018 | $ 1,776 | |||
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 | 476 | |||
Land | 938 | |||
Buildings and Improvements | 2,985 | |||
Total | 3,923 | |||
Accumulated Depreciation 12/31/2018 | $ 1,470 | |||
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 | 67 | |||
Land | 919 | |||
Buildings and Improvements | 1,504 | |||
Total | 2,423 | |||
Accumulated Depreciation 12/31/2018 | $ 762 | |||
10709 Gilroy Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hunt Valley, MD | |||
Encumbrances | $ 1,777 | |||
Land | 913 | |||
Buildings and Improvements | 2,705 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (86) | |||
Land | 913 | |||
Buildings and Improvements | 2,619 | |||
Total | 3,532 | |||
Accumulated Depreciation 12/31/2018 | $ 1,740 | |||
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 | 795 | |||
Land | 1,136 | |||
Buildings and Improvements | 4,589 | |||
Total | 5,725 | |||
Accumulated Depreciation 12/31/2018 | $ 2,402 | |||
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 | (192) | |||
Land | 1,690 | |||
Buildings and Improvements | 1,917 | |||
Total | 3,607 | |||
Accumulated Depreciation 12/31/2018 | $ 1,051 | |||
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 | 13,331 | |||
Land | 2,823 | |||
Buildings and Improvements | 13,418 | |||
Total | 16,241 | |||
Accumulated Depreciation 12/31/2018 | $ 4,486 | |||
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 | 1,514 | |||
Land | 3,411 | |||
Buildings and Improvements | 18,658 | |||
Total | 22,069 | |||
Accumulated Depreciation 12/31/2018 | $ 2,614 | |||
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 | 146 | |||
Land | 5,959 | |||
Buildings and Improvements | 30,679 | |||
Total | 36,638 | |||
Accumulated Depreciation 12/31/2018 | $ 3,926 | |||
1214-B Freedom Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Cranberry Township, PA | |||
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 12/31/2018 | $ 1,385 | |||
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 | 1,829 | |||
Land | 287 | |||
Buildings and Improvements | 2,661 | |||
Total | 2,948 | |||
Accumulated Depreciation 12/31/2018 | $ 2,243 | |||
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 | 800 | |||
Land | 206 | |||
Buildings and Improvements | 1,787 | |||
Total | 1,993 | |||
Accumulated Depreciation 12/31/2018 | $ 1,587 | |||
2701 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Middletown, PA | |||
Land | $ 141 | |||
Buildings and Improvements | 859 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,399 | |||
Land | 164 | |||
Buildings and Improvements | 2,235 | |||
Total | 2,399 | |||
Accumulated Depreciation 12/31/2018 | $ 1,692 | |||
2780 Commerce Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Middletown, PA | |||
Land | $ 113 | |||
Buildings and Improvements | 743 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,209 | |||
Land | 209 | |||
Buildings and Improvements | 1,856 | |||
Total | 2,065 | |||
Accumulated Depreciation 12/31/2018 | $ 1,604 | |||
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 | 5,936 | |||
Land | 541 | |||
Buildings and Improvements | 8,795 | |||
Total | 9,336 | |||
Accumulated Depreciation 12/31/2018 | $ 4,223 | |||
16522 Hunters Green Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hagerstown, MD | |||
Land | $ 1,390 | |||
Buildings and Improvements | 13,104 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,656 | |||
Land | 1,863 | |||
Buildings and Improvements | 18,287 | |||
Total | 20,150 | |||
Accumulated Depreciation 12/31/2018 | $ 6,151 | |||
18212 Shawley Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hagerstown, MD | |||
Land | $ 1,000 | |||
Buildings and Improvements | 5,847 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,800 | |||
Land | 1,016 | |||
Buildings and Improvements | 8,631 | |||
Total | 9,647 | |||
Accumulated Depreciation 12/31/2018 | $ 2,544 | |||
37 Valley View Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Jessup, PA | |||
Land | $ 542 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,205 | |||
Land | 532 | |||
Buildings and Improvements | 3,215 | |||
Total | 3,747 | |||
Accumulated Depreciation 12/31/2018 | $ 1,099 | |||
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 12/31/2018 | $ 401 | |||
431 Railroad Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shiremanstown, PA | |||
Land | $ 1,293 | |||
Buildings and Improvements | 7,164 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,035 | |||
Land | 1,341 | |||
Buildings and Improvements | 9,151 | |||
Total | 10,492 | |||
Accumulated Depreciation 12/31/2018 | $ 5,281 | |||
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 | (27) | |||
Land | 601 | |||
Buildings and Improvements | 3,133 | |||
Total | 3,734 | |||
Accumulated Depreciation 12/31/2018 | $ 1,324 | |||
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 12/31/2018 | $ 943 | |||
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 | 7 | |||
Land | 964 | |||
Buildings and Improvements | 5,909 | |||
Total | 6,873 | |||
Accumulated Depreciation 12/31/2018 | $ 3,168 | |||
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 | 3 | |||
Land | 387 | |||
Buildings and Improvements | 2,341 | |||
Total | 2,728 | |||
Accumulated Depreciation 12/31/2018 | $ 855 | |||
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 | (233) | |||
Land | 443 | |||
Buildings and Improvements | 1,347 | |||
Total | 1,790 | |||
Accumulated Depreciation 12/31/2018 | $ 513 | |||
200 Cascade Drive, Bldg. 1 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Allentown, PA | |||
Land | $ 2,133 | |||
Buildings and Improvements | 17,562 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 338 | |||
Land | 2,769 | |||
Buildings and Improvements | 17,264 | |||
Total | 20,033 | |||
Accumulated Depreciation 12/31/2018 | $ 7,704 | |||
200 Cascade Drive, Bldg. 2 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Allentown, PA | |||
Land | $ 310 | |||
Buildings and Improvements | 2,268 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 68 | |||
Land | 316 | |||
Buildings and Improvements | 2,330 | |||
Total | 2,646 | |||
Accumulated Depreciation 12/31/2018 | $ 907 | |||
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 | 13,198 | |||
Land | 2,341 | |||
Buildings and Improvements | 12,357 | |||
Total | 14,698 | |||
Accumulated Depreciation 12/31/2018 | $ 3,816 | |||
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 | 57,053 | |||
Land | 7,019 | |||
Buildings and Improvements | 57,056 | |||
Total | 64,075 | |||
Accumulated Depreciation 12/31/2018 | $ 14,712 | |||
225 Cross Farm Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | York, PA | |||
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 12/31/2018 | $ 6,520 | |||
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 | (110) | |||
Land | 964 | |||
Buildings and Improvements | 2,642 | |||
Total | 3,606 | |||
Accumulated Depreciation 12/31/2018 | $ 2,276 | |||
2455 Boulevard of Generals [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Norristown, PA | |||
Encumbrances | $ 2,997 | |||
Land | 1,200 | |||
Buildings and Improvements | 4,800 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 950 | |||
Land | 1,226 | |||
Buildings and Improvements | 5,724 | |||
Total | 6,950 | |||
Accumulated Depreciation 12/31/2018 | $ 2,370 | |||
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 | 11 | |||
Land | 4,070 | |||
Buildings and Improvements | 14,490 | |||
Total | 18,560 | |||
Accumulated Depreciation 12/31/2018 | $ 4,034 | |||
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 | 27,480 | |||
Land | 6,889 | |||
Buildings and Improvements | 27,475 | |||
Total | 34,364 | |||
Accumulated Depreciation 12/31/2018 | $ 3,411 | |||
3895 Eastgate Blvd Bldg A [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 | 17,824 | |||
Land | 4,388 | |||
Buildings and Improvements | 18,291 | |||
Total | 22,679 | |||
Accumulated Depreciation 12/31/2018 | $ 1,637 | |||
3895 Eastgate Blvd Bldg B [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 | 13,818 | |||
Land | 3,128 | |||
Buildings and Improvements | 14,149 | |||
Total | 17,277 | |||
Accumulated Depreciation 12/31/2018 | $ 1,419 | |||
112 Bordnersville Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Jonestown, PA | |||
Land | $ 13,702 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 30,341 | |||
Land | 13,724 | |||
Buildings and Improvements | 30,319 | |||
Total | 44,043 | |||
Accumulated Depreciation 12/31/2018 | $ 179 | |||
122 Bordnersville Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Jonestown, PA | |||
Land | $ 3,165 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 10,937 | |||
Land | 3,171 | |||
Buildings and Improvements | 10,931 | |||
Total | 14,102 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
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 | 911 | |||
Land | 521 | |||
Buildings and Improvements | 3,893 | |||
Total | 4,414 | |||
Accumulated Depreciation 12/31/2018 | $ 2,201 | |||
1385 101st Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lemont, IL | |||
Encumbrances | $ 3,465 | |||
Land | 967 | |||
Buildings and Improvements | 5,554 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,513 | |||
Land | 968 | |||
Buildings and Improvements | 7,066 | |||
Total | 8,034 | |||
Accumulated Depreciation 12/31/2018 | $ 3,907 | |||
2300 Windsor Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Addison, IL | |||
Land | $ 688 | |||
Buildings and Improvements | 3,943 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 761 | |||
Land | 696 | |||
Buildings and Improvements | 4,696 | |||
Total | 5,392 | |||
Accumulated Depreciation 12/31/2018 | $ 2,660 | |||
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 | 1,299 | |||
Land | 205 | |||
Buildings and Improvements | 2,448 | |||
Total | 2,653 | |||
Accumulated Depreciation 12/31/2018 | $ 1,128 | |||
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 12/31/2018 | $ 1,720 | |||
580 Slawin Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Prospect, IL | |||
Encumbrances | $ 716 | |||
Land | 233 | |||
Buildings and Improvements | 1,292 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (27) | |||
Land | 162 | |||
Buildings and Improvements | 1,336 | |||
Total | 1,498 | |||
Accumulated Depreciation 12/31/2018 | $ 735 | |||
1005 101st Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lemont, IL | |||
Encumbrances | $ 4,761 | |||
Land | 1,200 | |||
Buildings and Improvements | 6,643 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,619 | |||
Land | 1,220 | |||
Buildings and Improvements | 8,242 | |||
Total | 9,462 | |||
Accumulated Depreciation 12/31/2018 | $ 3,321 | |||
175 Wall Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glendale Heights, IL | |||
Encumbrances | $ 1,509 | |||
Land | 427 | |||
Buildings and Improvements | 2,363 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 709 | |||
Land | 433 | |||
Buildings and Improvements | 3,066 | |||
Total | 3,499 | |||
Accumulated Depreciation 12/31/2018 | $ 1,113 | |||
251 Airport Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | North Aurora, IL | |||
Encumbrances | $ 3,491 | |||
Land | 983 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,403 | |||
Land | 983 | |||
Buildings and Improvements | 6,403 | |||
Total | 7,386 | |||
Accumulated Depreciation 12/31/2018 | $ 2,485 | |||
400 Crossroads Pkwy [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bolingbrook, IL | |||
Encumbrances | $ 5,108 | |||
Land | 1,178 | |||
Buildings and Improvements | 9,453 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,212 | |||
Land | 1,181 | |||
Buildings and Improvements | 10,662 | |||
Total | 11,843 | |||
Accumulated Depreciation 12/31/2018 | $ 4,568 | |||
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 | 1,314 | |||
Land | 1,220 | |||
Buildings and Improvements | 4,329 | |||
Total | 5,549 | |||
Accumulated Depreciation 12/31/2018 | $ 2,061 | |||
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 | 255 | |||
Land | 801 | |||
Buildings and Improvements | 1,642 | |||
Total | 2,443 | |||
Accumulated Depreciation 12/31/2018 | $ 894 | |||
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 12/31/2018 | $ 417 | |||
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 12/31/2018 | $ 1,275 | |||
555 W. Algonquin Rd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington Heights, IL | |||
Encumbrances | $ 1,849 | |||
Land | 574 | |||
Buildings and Improvements | 741 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,951 | |||
Land | 579 | |||
Buildings and Improvements | 2,687 | |||
Total | 3,266 | |||
Accumulated Depreciation 12/31/2018 | $ 1,086 | |||
1501 Oakton Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Elk Grove Village, IL | |||
Encumbrances | $ 4,843 | |||
Land | 3,369 | |||
Buildings and Improvements | 6,121 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 134 | |||
Land | 3,482 | |||
Buildings and Improvements | 6,142 | |||
Total | 9,624 | |||
Accumulated Depreciation 12/31/2018 | $ 2,128 | |||
16500 W. 103rd Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Woodridge, IL | |||
Land | $ 744 | |||
Buildings and Improvements | 2,458 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 487 | |||
Land | 762 | |||
Buildings and Improvements | 2,927 | |||
Total | 3,689 | |||
Accumulated Depreciation 12/31/2018 | $ 1,089 | |||
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 12/31/2018 | $ 9,086 | |||
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 | 807 | |||
Land | 4,476 | |||
Buildings and Improvements | 16,868 | |||
Total | 21,344 | |||
Accumulated Depreciation 12/31/2018 | $ 3,744 | |||
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 | 74 | |||
Land | 4,201 | |||
Buildings and Improvements | 17,678 | |||
Total | 21,879 | |||
Accumulated Depreciation 12/31/2018 | $ 3,836 | |||
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 | 12 | |||
Land | 534 | |||
Buildings and Improvements | 1,969 | |||
Total | 2,503 | |||
Accumulated Depreciation 12/31/2018 | $ 381 | |||
3737 84th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Somers, WI | |||
Land | $ 1,943 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 24,116 | |||
Land | 1,943 | |||
Buildings and Improvements | 24,116 | |||
Total | 26,059 | |||
Accumulated Depreciation 12/31/2018 | $ 1,652 | |||
81 Paragon Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Romeoville, IL | |||
Land | $ 1,787 | |||
Buildings and Improvements | 7,252 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,340 | |||
Land | 1,787 | |||
Buildings and Improvements | 8,592 | |||
Total | 10,379 | |||
Accumulated Depreciation 12/31/2018 | $ 678 | |||
10680 88th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pleasant Prairie, WI | |||
Land | $ 1,376 | |||
Buildings and Improvements | 4,757 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 1,376 | |||
Buildings and Improvements | 4,757 | |||
Total | 6,133 | |||
Accumulated Depreciation 12/31/2018 | $ 234 | |||
8725 31st Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Somers, WI | |||
Land | $ 2,133 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 26,451 | |||
Land | 2,134 | |||
Buildings and Improvements | 26,450 | |||
Total | 28,584 | |||
Accumulated Depreciation 12/31/2018 | $ 1,467 | |||
3500 Channahon Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Joliet, IL | |||
Land | $ 2,595 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 16,729 | |||
Land | 2,598 | |||
Buildings and Improvements | 16,726 | |||
Total | 19,324 | |||
Accumulated Depreciation 12/31/2018 | $ 141 | |||
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 | 1,508 | |||
Land | 1,109 | |||
Buildings and Improvements | 7,597 | |||
Total | 8,706 | |||
Accumulated Depreciation 12/31/2018 | $ 3,954 | |||
4436 Mulhauser Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hamilton, OH | |||
Land | $ 630 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,294 | |||
Land | 630 | |||
Buildings and Improvements | 5,294 | |||
Total | 5,924 | |||
Accumulated Depreciation 12/31/2018 | $ 2,102 | |||
4438 Mulhauser Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Hamilton, OH | |||
Land | $ 779 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,407 | |||
Land | 779 | |||
Buildings and Improvements | 6,407 | |||
Total | 7,186 | |||
Accumulated Depreciation 12/31/2018 | $ 2,606 | |||
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 | 1,165 | |||
Land | 606 | |||
Buildings and Improvements | 2,242 | |||
Total | 2,848 | |||
Accumulated Depreciation 12/31/2018 | $ 944 | |||
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 | 443 | |||
Land | 592 | |||
Buildings and Improvements | 2,262 | |||
Total | 2,854 | |||
Accumulated Depreciation 12/31/2018 | $ 878 | |||
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 | 606 | |||
Land | 875 | |||
Buildings and Improvements | 2,862 | |||
Total | 3,737 | |||
Accumulated Depreciation 12/31/2018 | $ 1,859 | |||
9345 Princeton-Glendale Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Westchester, OH | |||
Encumbrances | $ 1,228 | |||
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 12/31/2018 | $ 1,678 | |||
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 | 240 | |||
Land | 355 | |||
Buildings and Improvements | 1,555 | |||
Total | 1,910 | |||
Accumulated Depreciation 12/31/2018 | $ 669 | |||
9774-9792 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 | 163 | |||
Land | 394 | |||
Buildings and Improvements | 1,905 | |||
Total | 2,299 | |||
Accumulated Depreciation 12/31/2018 | $ 534 | |||
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 | 447 | |||
Land | 397 | |||
Buildings and Improvements | 2,986 | |||
Total | 3,383 | |||
Accumulated Depreciation 12/31/2018 | $ 1,063 | |||
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 | 202 | |||
Land | 508 | |||
Buildings and Improvements | 3,348 | |||
Total | 3,856 | |||
Accumulated Depreciation 12/31/2018 | $ 1,165 | |||
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 | 285 | |||
Land | 548 | |||
Buildings and Improvements | 3,322 | |||
Total | 3,870 | |||
Accumulated Depreciation 12/31/2018 | $ 1,254 | |||
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 | 1,104 | |||
Land | 627 | |||
Buildings and Improvements | 5,103 | |||
Total | 5,730 | |||
Accumulated Depreciation 12/31/2018 | $ 2,408 | |||
30311 Emerald Valley Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 6,203 | |||
Land | 681 | |||
Buildings and Improvements | 11,838 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 603 | |||
Land | 691 | |||
Buildings and Improvements | 12,431 | |||
Total | 13,122 | |||
Accumulated Depreciation 12/31/2018 | $ 5,315 | |||
30333 Emerald Valley Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Land | $ 466 | |||
Buildings and Improvements | 5,447 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (615) | |||
Land | 475 | |||
Buildings and Improvements | 4,823 | |||
Total | 5,298 | |||
Accumulated Depreciation 12/31/2018 | $ 1,898 | |||
7800 Cochran Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 3,598 | |||
Land | 972 | |||
Buildings and Improvements | 7,033 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 338 | |||
Land | 991 | |||
Buildings and Improvements | 7,352 | |||
Total | 8,343 | |||
Accumulated Depreciation 12/31/2018 | $ 3,145 | |||
7900 Cochran Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 3,382 | |||
Land | 775 | |||
Buildings and Improvements | 6,244 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 137 | |||
Land | 792 | |||
Buildings and Improvements | 6,364 | |||
Total | 7,156 | |||
Accumulated Depreciation 12/31/2018 | $ 2,789 | |||
7905 Cochran Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Glenwillow, OH | |||
Encumbrances | $ 3,627 | |||
Land | 920 | |||
Buildings and Improvements | 6,174 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 114 | |||
Land | 922 | |||
Buildings and Improvements | 6,286 | |||
Total | 7,208 | |||
Accumulated Depreciation 12/31/2018 | $ 2,464 | |||
8181 Darrow Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Twinsburg, OH | |||
Land | $ 2,478 | |||
Buildings and Improvements | 6,791 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 465 | |||
Land | 2,496 | |||
Buildings and Improvements | 7,238 | |||
Total | 9,734 | |||
Accumulated Depreciation 12/31/2018 | $ 3,825 | |||
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 | 1,140 | |||
Land | 172 | |||
Buildings and Improvements | 2,152 | |||
Total | 2,324 | |||
Accumulated Depreciation 12/31/2018 | $ 743 | |||
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 12/31/2018 | $ 615 | |||
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 | 479 | |||
Land | 270 | |||
Buildings and Improvements | 1,788 | |||
Total | 2,058 | |||
Accumulated Depreciation 12/31/2018 | $ 893 | |||
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 | 1,156 | |||
Land | 469 | |||
Buildings and Improvements | 3,727 | |||
Total | 4,196 | |||
Accumulated Depreciation 12/31/2018 | $ 1,959 | |||
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 | 456 | |||
Land | 185 | |||
Buildings and Improvements | 1,478 | |||
Total | 1,663 | |||
Accumulated Depreciation 12/31/2018 | $ 717 | |||
816 111th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Land | $ 251 | |||
Buildings and Improvements | 1,421 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 172 | |||
Land | 258 | |||
Buildings and Improvements | 1,586 | |||
Total | 1,844 | |||
Accumulated Depreciation 12/31/2018 | $ 796 | |||
1602-1654 Terre Colony [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 458 | |||
Buildings and Improvements | 2,596 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 864 | |||
Land | 468 | |||
Buildings and Improvements | 3,450 | |||
Total | 3,918 | |||
Accumulated Depreciation 12/31/2018 | $ 1,559 | |||
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 | 407 | |||
Land | 316 | |||
Buildings and Improvements | 2,436 | |||
Total | 2,752 | |||
Accumulated Depreciation 12/31/2018 | $ 987 | |||
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 | 546 | |||
Land | 443 | |||
Buildings and Improvements | 2,974 | |||
Total | 3,417 | |||
Accumulated Depreciation 12/31/2018 | $ 1,282 | |||
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 | 404 | |||
Land | 255 | |||
Buildings and Improvements | 2,640 | |||
Total | 2,895 | |||
Accumulated Depreciation 12/31/2018 | $ 1,312 | |||
2025 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Land | $ 437 | |||
Buildings and Improvements | 2,478 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 568 | |||
Land | 442 | |||
Buildings and Improvements | 3,041 | |||
Total | 3,483 | |||
Accumulated Depreciation 12/31/2018 | $ 1,238 | |||
2019 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Land | $ 502 | |||
Buildings and Improvements | 2,843 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 625 | |||
Land | 507 | |||
Buildings and Improvements | 3,463 | |||
Total | 3,970 | |||
Accumulated Depreciation 12/31/2018 | $ 1,372 | |||
2029-2035 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Land | $ 306 | |||
Buildings and Improvements | 1,870 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 356 | |||
Land | 306 | |||
Buildings and Improvements | 2,226 | |||
Total | 2,532 | |||
Accumulated Depreciation 12/31/2018 | $ 928 | |||
2015 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 1,830 | |||
Land | 510 | |||
Buildings and Improvements | 2,891 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 471 | |||
Land | 516 | |||
Buildings and Improvements | 3,356 | |||
Total | 3,872 | |||
Accumulated Depreciation 12/31/2018 | $ 1,497 | |||
2009 McKenzie Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carrolton, TX | |||
Encumbrances | $ 1,734 | |||
Land | 476 | |||
Buildings and Improvements | 2,699 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 494 | |||
Land | 481 | |||
Buildings and Improvements | 3,188 | |||
Total | 3,669 | |||
Accumulated Depreciation 12/31/2018 | $ 1,389 | |||
900-1100 Avenue S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Land | $ 623 | |||
Buildings and Improvements | 3,528 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,118 | |||
Land | 629 | |||
Buildings and Improvements | 4,640 | |||
Total | 5,269 | |||
Accumulated Depreciation 12/31/2018 | $ 1,749 | |||
Plano Crossing Bus. Park [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plano, TX | |||
Encumbrances | $ 6,682 | |||
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 12/31/2018 | $ 4,912 | |||
825-827 Avenue H [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Encumbrances | $ 2,012 | |||
Land | 600 | |||
Buildings and Improvements | 3,006 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 393 | |||
Land | 604 | |||
Buildings and Improvements | 3,395 | |||
Total | 3,999 | |||
Accumulated Depreciation 12/31/2018 | $ 1,703 | |||
1013-31 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 | 257 | |||
Land | 302 | |||
Buildings and Improvements | 1,759 | |||
Total | 2,061 | |||
Accumulated Depreciation 12/31/2018 | $ 811 | |||
1172-84 113th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Land | $ 700 | |||
Buildings and Improvements | 3,509 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (40) | |||
Land | 704 | |||
Buildings and Improvements | 3,465 | |||
Total | 4,169 | |||
Accumulated Depreciation 12/31/2018 | $ 1,393 | |||
1200-16 Avenue H [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Land | $ 600 | |||
Buildings and Improvements | 2,846 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 852 | |||
Land | 604 | |||
Buildings and Improvements | 3,694 | |||
Total | 4,298 | |||
Accumulated Depreciation 12/31/2018 | $ 1,412 | |||
1322-66 W. North Carrier Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Encumbrances | $ 3,776 | |||
Land | 1,000 | |||
Buildings and Improvements | 5,012 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,491 | |||
Land | 1,006 | |||
Buildings and Improvements | 6,497 | |||
Total | 7,503 | |||
Accumulated Depreciation 12/31/2018 | $ 2,662 | |||
2401-2407 Centennial Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Arlington, TX | |||
Encumbrances | $ 1,781 | |||
Land | 600 | |||
Buildings and Improvements | 2,534 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 634 | |||
Land | 604 | |||
Buildings and Improvements | 3,164 | |||
Total | 3,768 | |||
Accumulated Depreciation 12/31/2018 | $ 1,485 | |||
3111 West Commerce Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Encumbrances | $ 3,111 | |||
Land | 1,000 | |||
Buildings and Improvements | 3,364 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,818 | |||
Land | 1,011 | |||
Buildings and Improvements | 5,171 | |||
Total | 6,182 | |||
Accumulated Depreciation 12/31/2018 | $ 2,483 | |||
13800 Senlac Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Farmers Branch, TX | |||
Encumbrances | $ 2,416 | |||
Land | 823 | |||
Buildings and Improvements | 4,042 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (63) | |||
Land | 825 | |||
Buildings and Improvements | 3,977 | |||
Total | 4,802 | |||
Accumulated Depreciation 12/31/2018 | $ 2,003 | |||
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 | 367 | |||
Land | 2,586 | |||
Buildings and Improvements | 16,918 | |||
Total | 19,504 | |||
Accumulated Depreciation 12/31/2018 | $ 11,279 | |||
801 Heinz Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Land | $ 599 | |||
Buildings and Improvements | 3,327 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 339 | |||
Land | 601 | |||
Buildings and Improvements | 3,664 | |||
Total | 4,265 | |||
Accumulated Depreciation 12/31/2018 | $ 1,901 | |||
901-937 Heinz Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Grand Prairie, TX | |||
Land | $ 493 | |||
Buildings and Improvements | 2,758 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 56 | |||
Land | 481 | |||
Buildings and Improvements | 2,826 | |||
Total | 3,307 | |||
Accumulated Depreciation 12/31/2018 | $ 1,628 | |||
3301 Century Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Irving, TX | |||
Land | $ 760 | |||
Buildings and Improvements | 3,856 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (142) | |||
Land | 771 | |||
Buildings and Improvements | 3,703 | |||
Total | 4,474 | |||
Accumulated Depreciation 12/31/2018 | $ 1,260 | |||
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 | 15,135 | |||
Land | 1,947 | |||
Buildings and Improvements | 15,100 | |||
Total | 17,047 | |||
Accumulated Depreciation 12/31/2018 | $ 4,926 | |||
1251 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 | 13,553 | |||
Land | 1,073 | |||
Buildings and Improvements | 14,544 | |||
Total | 15,617 | |||
Accumulated Depreciation 12/31/2018 | $ 1,625 | |||
1171 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 | 10,972 | |||
Land | 632 | |||
Buildings and Improvements | 11,555 | |||
Total | 12,187 | |||
Accumulated Depreciation 12/31/2018 | $ 1,171 | |||
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 | 8,082 | |||
Land | 1,349 | |||
Buildings and Improvements | 8,034 | |||
Total | 9,383 | |||
Accumulated Depreciation 12/31/2018 | $ 1,147 | |||
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 | 80 | |||
Land | 1,452 | |||
Buildings and Improvements | 4,759 | |||
Total | 6,211 | |||
Accumulated Depreciation 12/31/2018 | $ 556 | |||
2250 East Bardin Road [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 | 10,465 | |||
Land | 1,603 | |||
Buildings and Improvements | 10,465 | |||
Total | 12,068 | |||
Accumulated Depreciation 12/31/2018 | $ 1,041 | |||
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 | 396 | |||
Land | 175 | |||
Buildings and Improvements | 1,375 | |||
Total | 1,550 | |||
Accumulated Depreciation 12/31/2018 | $ 586 | |||
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 | 321 | |||
Land | 134 | |||
Buildings and Improvements | 1,069 | |||
Total | 1,203 | |||
Accumulated Depreciation 12/31/2018 | $ 492 | |||
3851-3871 Revere [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 361 | |||
Buildings and Improvements | 2,047 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 483 | |||
Land | 368 | |||
Buildings and Improvements | 2,523 | |||
Total | 2,891 | |||
Accumulated Depreciation 12/31/2018 | $ 1,291 | |||
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 | 111 | |||
Land | 220 | |||
Buildings and Improvements | 1,349 | |||
Total | 1,569 | |||
Accumulated Depreciation 12/31/2018 | $ 702 | |||
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 | 183 | |||
Land | 290 | |||
Buildings and Improvements | 1,811 | |||
Total | 2,101 | |||
Accumulated Depreciation 12/31/2018 | $ 952 | |||
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 | 327 | |||
Land | 380 | |||
Buildings and Improvements | 2,452 | |||
Total | 2,832 | |||
Accumulated Depreciation 12/31/2018 | $ 1,285 | |||
5977 North Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 268 | |||
Buildings and Improvements | 1,518 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 518 | |||
Land | 271 | |||
Buildings and Improvements | 2,033 | |||
Total | 2,304 | |||
Accumulated Depreciation 12/31/2018 | $ 1,005 | |||
5952-5978 North Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 414 | |||
Buildings and Improvements | 2,346 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 704 | |||
Land | 422 | |||
Buildings and Improvements | 3,042 | |||
Total | 3,464 | |||
Accumulated Depreciation 12/31/2018 | $ 1,552 | |||
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 | 352 | |||
Land | 236 | |||
Buildings and Improvements | 1,661 | |||
Total | 1,897 | |||
Accumulated Depreciation 12/31/2018 | $ 831 | |||
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 | 19 | |||
Land | 441 | |||
Buildings and Improvements | 2,708 | |||
Total | 3,149 | |||
Accumulated Depreciation 12/31/2018 | $ 1,472 | |||
9500 West 49th Street - A [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 992 | |||
Land | 283 | |||
Buildings and Improvements | 1,625 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 189 | |||
Land | 287 | |||
Buildings and Improvements | 1,810 | |||
Total | 2,097 | |||
Accumulated Depreciation 12/31/2018 | $ 947 | |||
9500 West 49th Street - B [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 822 | |||
Land | 225 | |||
Buildings and Improvements | 1,272 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 241 | |||
Land | 227 | |||
Buildings and Improvements | 1,511 | |||
Total | 1,738 | |||
Accumulated Depreciation 12/31/2018 | $ 739 | |||
9500 West 49th Street - C [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 2,131 | |||
Land | 600 | |||
Buildings and Improvements | 3,409 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 498 | |||
Land | 601 | |||
Buildings and Improvements | 3,906 | |||
Total | 4,507 | |||
Accumulated Depreciation 12/31/2018 | $ 2,022 | |||
9500 West 49th Street - D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Wheatridge, CO | |||
Encumbrances | $ 1,029 | |||
Land | 246 | |||
Buildings and Improvements | 1,537 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 394 | |||
Land | 247 | |||
Buildings and Improvements | 1,930 | |||
Total | 2,177 | |||
Accumulated Depreciation 12/31/2018 | $ 1,013 | |||
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 | 392 | |||
Land | 383 | |||
Buildings and Improvements | 2,537 | |||
Total | 2,920 | |||
Accumulated Depreciation 12/31/2018 | $ 1,371 | |||
6547 South Racine Circle [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Centennial, CO | |||
Encumbrances | $ 2,614 | |||
Land | 739 | |||
Buildings and Improvements | 4,241 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 486 | |||
Land | 739 | |||
Buildings and Improvements | 4,727 | |||
Total | 5,466 | |||
Accumulated Depreciation 12/31/2018 | $ 2,384 | |||
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 | 297 | |||
Land | 422 | |||
Buildings and Improvements | 2,646 | |||
Total | 3,068 | |||
Accumulated Depreciation 12/31/2018 | $ 1,372 | |||
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 | 234 | |||
Land | 278 | |||
Buildings and Improvements | 1,776 | |||
Total | 2,054 | |||
Accumulated Depreciation 12/31/2018 | $ 942 | |||
445 Bryant Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 7,511 | |||
Land | 1,829 | |||
Buildings and Improvements | 10,219 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,878 | |||
Land | 1,829 | |||
Buildings and Improvements | 13,097 | |||
Total | 14,926 | |||
Accumulated Depreciation 12/31/2018 | $ 6,083 | |||
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 | 505 | |||
Land | 305 | |||
Buildings and Improvements | 2,186 | |||
Total | 2,491 | |||
Accumulated Depreciation 12/31/2018 | $ 1,066 | |||
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 | 260 | |||
Land | 156 | |||
Buildings and Improvements | 1,117 | |||
Total | 1,273 | |||
Accumulated Depreciation 12/31/2018 | $ 529 | |||
7367 South Revere Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Centennial, CO | |||
Land | $ 926 | |||
Buildings and Improvements | 5,124 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,196 | |||
Land | 934 | |||
Buildings and Improvements | 6,312 | |||
Total | 7,246 | |||
Accumulated Depreciation 12/31/2018 | $ 3,114 | |||
8200 East Park Meadows Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lone Tree, CO | |||
Encumbrances | $ 4,955 | |||
Land | 1,297 | |||
Buildings and Improvements | 7,348 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,202 | |||
Land | 1,304 | |||
Buildings and Improvements | 8,543 | |||
Total | 9,847 | |||
Accumulated Depreciation 12/31/2018 | $ 3,682 | |||
3250 Quentin Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Land | $ 1,220 | |||
Buildings and Improvements | 6,911 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 897 | |||
Land | 1,230 | |||
Buildings and Improvements | 7,798 | |||
Total | 9,028 | |||
Accumulated Depreciation 12/31/2018 | $ 3,445 | |||
8020 Southpark Circle [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 | 3,170 | |||
Land | 781 | |||
Buildings and Improvements | 3,128 | |||
Total | 3,909 | |||
Accumulated Depreciation 12/31/2018 | $ 1,276 | |||
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 | 1,789 | |||
Land | 370 | |||
Buildings and Improvements | 1,731 | |||
Total | 2,101 | |||
Accumulated Depreciation 12/31/2018 | $ 718 | |||
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 | 343 | |||
Land | 372 | |||
Buildings and Improvements | 2,227 | |||
Total | 2,599 | |||
Accumulated Depreciation 12/31/2018 | $ 887 | |||
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 | 1,139 | |||
Land | 1,304 | |||
Buildings and Improvements | 7,509 | |||
Total | 8,813 | |||
Accumulated Depreciation 12/31/2018 | $ 3,081 | |||
18150 E. 32nd Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Land | $ 563 | |||
Buildings and Improvements | 3,188 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 175 | |||
Land | 572 | |||
Buildings and Improvements | 3,354 | |||
Total | 3,926 | |||
Accumulated Depreciation 12/31/2018 | $ 1,401 | |||
3400 Fraser Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Encumbrances | $ 1,948 | |||
Land | 616 | |||
Buildings and Improvements | 3,593 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (134) | |||
Land | 620 | |||
Buildings and Improvements | 3,455 | |||
Total | 4,075 | |||
Accumulated Depreciation 12/31/2018 | $ 1,439 | |||
7005 E. 46th Avenue Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Encumbrances | $ 1,323 | |||
Land | 512 | |||
Buildings and Improvements | 2,025 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 229 | |||
Land | 517 | |||
Buildings and Improvements | 2,249 | |||
Total | 2,766 | |||
Accumulated Depreciation 12/31/2018 | $ 830 | |||
4001 Salazar Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Frederick, CO | |||
Encumbrances | $ 3,340 | |||
Land | 1,271 | |||
Buildings and Improvements | 6,508 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (713) | |||
Land | 1,276 | |||
Buildings and Improvements | 5,790 | |||
Total | 7,066 | |||
Accumulated Depreciation 12/31/2018 | $ 1,996 | |||
5909-5915 N. Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Denver, CO | |||
Land | $ 495 | |||
Buildings and Improvements | 1,268 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 129 | |||
Land | 500 | |||
Buildings and Improvements | 1,392 | |||
Total | 1,892 | |||
Accumulated Depreciation 12/31/2018 | $ 856 | |||
21301 E. 33rd Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Encumbrances | $ 6,526 | |||
Land | 2,860 | |||
Buildings and Improvements | 8,202 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 924 | |||
Land | 2,859 | |||
Buildings and Improvements | 9,127 | |||
Total | 11,986 | |||
Accumulated Depreciation 12/31/2018 | $ 821 | |||
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 | 159 | |||
Land | 122 | |||
Buildings and Improvements | 882 | |||
Total | 1,004 | |||
Accumulated Depreciation 12/31/2018 | $ 498 | |||
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 | 984 | |||
Land | 218 | |||
Buildings and Improvements | 1,316 | |||
Total | 1,534 | |||
Accumulated Depreciation 12/31/2018 | $ 1,220 | |||
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 | 477 | |||
Land | 121 | |||
Buildings and Improvements | 844 | |||
Total | 965 | |||
Accumulated Depreciation 12/31/2018 | $ 725 | |||
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 12/31/2018 | $ 2,241 | |||
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 12/31/2018 | $ 1,859 | |||
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 | 1,409 | |||
Land | 239 | |||
Buildings and Improvements | 1,527 | |||
Total | 1,766 | |||
Accumulated Depreciation 12/31/2018 | $ 1,352 | |||
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 12/31/2018 | $ 566 | |||
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 12/31/2018 | $ 580 | |||
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 | 831 | |||
Land | 903 | |||
Buildings and Improvements | 5,046 | |||
Total | 5,949 | |||
Accumulated Depreciation 12/31/2018 | $ 4,707 | |||
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 | 687 | |||
Land | 560 | |||
Buildings and Improvements | 3,415 | |||
Total | 3,975 | |||
Accumulated Depreciation 12/31/2018 | $ 2,810 | |||
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 | 412 | |||
Land | 327 | |||
Buildings and Improvements | 1,896 | |||
Total | 2,223 | |||
Accumulated Depreciation 12/31/2018 | $ 1,610 | |||
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 12/31/2018 | $ 1,488 | |||
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 | 723 | |||
Land | 219 | |||
Buildings and Improvements | 1,695 | |||
Total | 1,914 | |||
Accumulated Depreciation 12/31/2018 | $ 1,153 | |||
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 | 432 | |||
Land | 138 | |||
Buildings and Improvements | 1,019 | |||
Total | 1,157 | |||
Accumulated Depreciation 12/31/2018 | $ 802 | |||
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 12/31/2018 | $ 986 | |||
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 12/31/2018 | $ 346 | |||
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 | 291 | |||
Land | 93 | |||
Buildings and Improvements | 624 | |||
Total | 717 | |||
Accumulated Depreciation 12/31/2018 | $ 544 | |||
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 12/31/2018 | $ 1,982 | |||
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 | 312 | |||
Land | 158 | |||
Buildings and Improvements | 1,001 | |||
Total | 1,159 | |||
Accumulated Depreciation 12/31/2018 | $ 936 | |||
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 | 393 | |||
Land | 138 | |||
Buildings and Improvements | 879 | |||
Total | 1,017 | |||
Accumulated Depreciation 12/31/2018 | $ 819 | |||
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 | 689 | |||
Land | 254 | |||
Buildings and Improvements | 1,617 | |||
Total | 1,871 | |||
Accumulated Depreciation 12/31/2018 | $ 1,496 | |||
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 | 3,774 | |||
Land | 612 | |||
Buildings and Improvements | 7,174 | |||
Total | 7,786 | |||
Accumulated Depreciation 12/31/2018 | $ 3,730 | |||
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 | 241 | |||
Land | 267 | |||
Buildings and Improvements | 1,674 | |||
Total | 1,941 | |||
Accumulated Depreciation 12/31/2018 | $ 896 | |||
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 | (65) | |||
Land | 77 | |||
Buildings and Improvements | 741 | |||
Total | 818 | |||
Accumulated Depreciation 12/31/2018 | $ 362 | |||
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 | (306) | |||
Land | 32 | |||
Buildings and Improvements | 447 | |||
Total | 479 | |||
Accumulated Depreciation 12/31/2018 | $ 305 | |||
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 | 579 | |||
Land | 575 | |||
Buildings and Improvements | 3,526 | |||
Total | 4,101 | |||
Accumulated Depreciation 12/31/2018 | $ 1,733 | |||
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 | (234) | |||
Land | 58 | |||
Buildings and Improvements | 606 | |||
Total | 664 | |||
Accumulated Depreciation 12/31/2018 | $ 369 | |||
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 | 439 | |||
Land | 367 | |||
Buildings and Improvements | 2,318 | |||
Total | 2,685 | |||
Accumulated Depreciation 12/31/2018 | $ 1,119 | |||
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 | 210 | |||
Land | 98 | |||
Buildings and Improvements | 711 | |||
Total | 809 | |||
Accumulated Depreciation 12/31/2018 | $ 341 | |||
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 12/31/2018 | $ 706 | |||
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 12/31/2018 | $ 945 | |||
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 | 1,342 | |||
Land | 1,371 | |||
Buildings and Improvements | 8,400 | |||
Total | 9,771 | |||
Accumulated Depreciation 12/31/2018 | $ 4,244 | |||
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 | 772 | |||
Land | 721 | |||
Buildings and Improvements | 4,463 | |||
Total | 5,184 | |||
Accumulated Depreciation 12/31/2018 | $ 2,227 | |||
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 | 404 | |||
Land | 345 | |||
Buildings and Improvements | 2,172 | |||
Total | 2,517 | |||
Accumulated Depreciation 12/31/2018 | $ 1,107 | |||
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 12/31/2018 | $ 963 | |||
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 | 279 | |||
Land | 196 | |||
Buildings and Improvements | 1,282 | |||
Total | 1,478 | |||
Accumulated Depreciation 12/31/2018 | $ 623 | |||
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 | 481 | |||
Land | 1,412 | |||
Buildings and Improvements | 5,852 | |||
Total | 7,264 | |||
Accumulated Depreciation 12/31/2018 | $ 2,884 | |||
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 | 393 | |||
Land | 212 | |||
Buildings and Improvements | 1,544 | |||
Total | 1,756 | |||
Accumulated Depreciation 12/31/2018 | $ 658 | |||
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 | 104 | |||
Land | 153 | |||
Buildings and Improvements | 936 | |||
Total | 1,089 | |||
Accumulated Depreciation 12/31/2018 | $ 416 | |||
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 | 3,661 | |||
Land | 628 | |||
Buildings and Improvements | 3,654 | |||
Total | 4,282 | |||
Accumulated Depreciation 12/31/2018 | $ 1,284 | |||
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 | (921) | |||
Land | 195 | |||
Buildings and Improvements | 2,754 | |||
Total | 2,949 | |||
Accumulated Depreciation 12/31/2018 | $ 917 | |||
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 | 175 | |||
Land | 685 | |||
Buildings and Improvements | 2,185 | |||
Total | 2,870 | |||
Accumulated Depreciation 12/31/2018 | $ 1,263 | |||
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 | 3,415 | |||
Land | 1,090 | |||
Buildings and Improvements | 5,705 | |||
Total | 6,795 | |||
Accumulated Depreciation 12/31/2018 | $ 2,842 | |||
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 | (456) | |||
Land | 734 | |||
Buildings and Improvements | 1,596 | |||
Total | 2,330 | |||
Accumulated Depreciation 12/31/2018 | $ 748 | |||
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 | 641 | |||
Land | 278 | |||
Buildings and Improvements | 2,176 | |||
Total | 2,454 | |||
Accumulated Depreciation 12/31/2018 | $ 1,019 | |||
3801-3851 Yale St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 413 | |||
Buildings and Improvements | 2,343 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,499 | |||
Land | 425 | |||
Buildings and Improvements | 3,830 | |||
Total | 4,255 | |||
Accumulated Depreciation 12/31/2018 | $ 1,603 | |||
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 | 444 | |||
Land | 233 | |||
Buildings and Improvements | 1,725 | |||
Total | 1,958 | |||
Accumulated Depreciation 12/31/2018 | $ 813 | |||
8505 N Loop East [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 439 | |||
Buildings and Improvements | 2,489 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 613 | |||
Land | 449 | |||
Buildings and Improvements | 3,092 | |||
Total | 3,541 | |||
Accumulated Depreciation 12/31/2018 | $ 1,535 | |||
4749-4799 Eastpark Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 594 | |||
Buildings and Improvements | 3,368 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,220 | |||
Land | 611 | |||
Buildings and Improvements | 4,571 | |||
Total | 5,182 | |||
Accumulated Depreciation 12/31/2018 | $ 2,317 | |||
4851 Homestead Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,198 | |||
Land | 491 | |||
Buildings and Improvements | 2,782 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,377 | |||
Land | 504 | |||
Buildings and Improvements | 4,146 | |||
Total | 4,650 | |||
Accumulated Depreciation 12/31/2018 | $ 2,055 | |||
3365-3385 Rauch Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 284 | |||
Buildings and Improvements | 1,611 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 486 | |||
Land | 290 | |||
Buildings and Improvements | 2,091 | |||
Total | 2,381 | |||
Accumulated Depreciation 12/31/2018 | $ 999 | |||
5050 Campbell Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 461 | |||
Buildings and Improvements | 2,610 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,078 | |||
Land | 470 | |||
Buildings and Improvements | 3,679 | |||
Total | 4,149 | |||
Accumulated Depreciation 12/31/2018 | $ 1,790 | |||
4300 Pine Timbers [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Encumbrances | $ 2,235 | |||
Land | 489 | |||
Buildings and Improvements | 2,769 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,183 | |||
Land | 499 | |||
Buildings and Improvements | 3,942 | |||
Total | 4,441 | |||
Accumulated Depreciation 12/31/2018 | $ 1,844 | |||
2500-2530 Fairway Park Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 766 | |||
Buildings and Improvements | 4,342 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,200 | |||
Land | 792 | |||
Buildings and Improvements | 6,516 | |||
Total | 7,308 | |||
Accumulated Depreciation 12/31/2018 | $ 2,866 | |||
6550 Longpointe [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 362 | |||
Buildings and Improvements | 2,050 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 924 | |||
Land | 370 | |||
Buildings and Improvements | 2,966 | |||
Total | 3,336 | |||
Accumulated Depreciation 12/31/2018 | $ 1,399 | |||
1815 Turning Basin Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 487 | |||
Buildings and Improvements | 2,761 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,105 | |||
Land | 531 | |||
Buildings and Improvements | 4,822 | |||
Total | 5,353 | |||
Accumulated Depreciation 12/31/2018 | $ 2,106 | |||
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 | 899 | |||
Land | 251 | |||
Buildings and Improvements | 2,187 | |||
Total | 2,438 | |||
Accumulated Depreciation 12/31/2018 | $ 1,007 | |||
1805 Turning Basin Dr [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 564 | |||
Buildings and Improvements | 3,197 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,699 | |||
Land | 616 | |||
Buildings and Improvements | 5,844 | |||
Total | 6,460 | |||
Accumulated Depreciation 12/31/2018 | $ 2,698 | |||
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 | 10 | |||
Land | 940 | |||
Buildings and Improvements | 4,685 | |||
Total | 5,625 | |||
Accumulated Depreciation 12/31/2018 | $ 1,785 | |||
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 12/31/2018 | $ 1,147 | |||
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 | 249 | |||
Land | 259 | |||
Buildings and Improvements | 1,008 | |||
Total | 1,267 | |||
Accumulated Depreciation 12/31/2018 | $ 602 | |||
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 | 333 | |||
Land | 276 | |||
Buildings and Improvements | 1,054 | |||
Total | 1,330 | |||
Accumulated Depreciation 12/31/2018 | $ 556 | |||
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 | 1,501 | |||
Land | 203 | |||
Buildings and Improvements | 1,979 | |||
Total | 2,182 | |||
Accumulated Depreciation 12/31/2018 | $ 690 | |||
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 | 132 | |||
Land | 188 | |||
Buildings and Improvements | 1,030 | |||
Total | 1,218 | |||
Accumulated Depreciation 12/31/2018 | $ 475 | |||
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 | 374 | |||
Land | 307 | |||
Buildings and Improvements | 1,540 | |||
Total | 1,847 | |||
Accumulated Depreciation 12/31/2018 | $ 676 | |||
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 | (535) | |||
Land | 3,717 | |||
Buildings and Improvements | 18,702 | |||
Total | 22,419 | |||
Accumulated Depreciation 12/31/2018 | $ 5,561 | |||
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 | 16,757 | |||
Land | 3,312 | |||
Buildings and Improvements | 16,795 | |||
Total | 20,107 | |||
Accumulated Depreciation 12/31/2018 | $ 2,497 | |||
611 East Sam Houston Parkway S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pasadena, TX | |||
Land | $ 1,970 | |||
Buildings and Improvements | 7,431 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,313 | |||
Land | 2,013 | |||
Buildings and Improvements | 8,701 | |||
Total | 10,714 | |||
Accumulated Depreciation 12/31/2018 | $ 824 | |||
619 East Sam Houston Parkway S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pasadena, TX | |||
Land | $ 2,879 | |||
Buildings and Improvements | 11,713 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 778 | |||
Land | 2,876 | |||
Buildings and Improvements | 12,494 | |||
Total | 15,370 | |||
Accumulated Depreciation 12/31/2018 | $ 1,203 | |||
6913 Guhn Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Houston, TX | |||
Land | $ 1,367 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,301 | |||
Land | 1,367 | |||
Buildings and Improvements | 6,301 | |||
Total | 7,668 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
607 East Sam Houston Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pasedena, TX | |||
Land | $ 2,076 | |||
Buildings and Improvements | 11,674 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 2,076 | |||
Buildings and Improvements | 11,674 | |||
Total | 13,750 | |||
Accumulated Depreciation 12/31/2018 | $ 2 | |||
615 East Sam Houston Parkway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pasedena, TX | |||
Land | $ 4,265 | |||
Buildings and Improvements | 11,983 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 4,265 | |||
Buildings and Improvements | 11,983 | |||
Total | 16,248 | |||
Accumulated Depreciation 12/31/2018 | $ 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 | 7,351 | |||
Land | 2,057 | |||
Buildings and Improvements | 20,916 | |||
Total | 22,973 | |||
Accumulated Depreciation 12/31/2018 | $ 10,005 | |||
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 | 1,421 | |||
Land | 476 | |||
Buildings and Improvements | 4,007 | |||
Total | 4,483 | |||
Accumulated Depreciation 12/31/2018 | $ 1,978 | |||
1440 Brookville Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 665 | |||
Buildings and Improvements | 3,770 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 956 | |||
Land | 685 | |||
Buildings and Improvements | 4,706 | |||
Total | 5,391 | |||
Accumulated Depreciation 12/31/2018 | $ 2,454 | |||
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 | 465 | |||
Land | 258 | |||
Buildings and Improvements | 1,856 | |||
Total | 2,114 | |||
Accumulated Depreciation 12/31/2018 | $ 952 | |||
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 | 1,718 | |||
Land | 601 | |||
Buildings and Improvements | 5,024 | |||
Total | 5,625 | |||
Accumulated Depreciation 12/31/2018 | $ 2,584 | |||
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 | 513 | |||
Land | 212 | |||
Buildings and Improvements | 1,667 | |||
Total | 1,879 | |||
Accumulated Depreciation 12/31/2018 | $ 791 | |||
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 | 244 | |||
Land | 86 | |||
Buildings and Improvements | 699 | |||
Total | 785 | |||
Accumulated Depreciation 12/31/2018 | $ 341 | |||
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 | 507 | |||
Land | 265 | |||
Buildings and Improvements | 1,947 | |||
Total | 2,212 | |||
Accumulated Depreciation 12/31/2018 | $ 962 | |||
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 12/31/2018 | $ 301 | |||
6737 East 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 385 | |||
Buildings and Improvements | 2,181 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 669 | |||
Land | 398 | |||
Buildings and Improvements | 2,837 | |||
Total | 3,235 | |||
Accumulated Depreciation 12/31/2018 | $ 1,455 | |||
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 | 2,699 | |||
Land | 484 | |||
Buildings and Improvements | 7,459 | |||
Total | 7,943 | |||
Accumulated Depreciation 12/31/2018 | $ 3,530 | |||
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 | 426 | |||
Land | 1,048 | |||
Buildings and Improvements | 6,453 | |||
Total | 7,501 | |||
Accumulated Depreciation 12/31/2018 | $ 3,358 | |||
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 | 432 | |||
Land | 68 | |||
Buildings and Improvements | 424 | |||
Total | 492 | |||
Accumulated Depreciation 12/31/2018 | $ 218 | |||
6751 E 30th St [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 728 | |||
Buildings and Improvements | 2,837 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 457 | |||
Land | 741 | |||
Buildings and Improvements | 3,281 | |||
Total | 4,022 | |||
Accumulated Depreciation 12/31/2018 | $ 1,716 | |||
6575 East 30th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 118 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,160 | |||
Land | 128 | |||
Buildings and Improvements | 2,150 | |||
Total | 2,278 | |||
Accumulated Depreciation 12/31/2018 | $ 980 | |||
6585 East 30th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 196 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,223 | |||
Land | 196 | |||
Buildings and Improvements | 3,223 | |||
Total | 3,419 | |||
Accumulated Depreciation 12/31/2018 | $ 1,618 | |||
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 | 3,595 | |||
Land | 743 | |||
Buildings and Improvements | 3,499 | |||
Total | 4,242 | |||
Accumulated Depreciation 12/31/2018 | $ 1,094 | |||
6635 E 30th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Indianapolis, IN | |||
Land | $ 466 | |||
Buildings and Improvements | 3,093 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 82 | |||
Land | 466 | |||
Buildings and Improvements | 3,175 | |||
Total | 3,641 | |||
Accumulated Depreciation 12/31/2018 | $ 352 | |||
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 | 207 | |||
Land | 912 | |||
Buildings and Improvements | 2,086 | |||
Total | 2,998 | |||
Accumulated Depreciation 12/31/2018 | $ 823 | |||
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 | 27 | |||
Land | 834 | |||
Buildings and Improvements | 2,745 | |||
Total | 3,579 | |||
Accumulated Depreciation 12/31/2018 | $ 910 | |||
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 | 255 | |||
Land | 942 | |||
Buildings and Improvements | 2,705 | |||
Total | 3,647 | |||
Accumulated Depreciation 12/31/2018 | $ 999 | |||
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 | 50 | |||
Land | 1,112 | |||
Buildings and Improvements | 3,156 | |||
Total | 4,268 | |||
Accumulated Depreciation 12/31/2018 | $ 1,064 | |||
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 | 359 | |||
Land | 951 | |||
Buildings and Improvements | 3,434 | |||
Total | 4,385 | |||
Accumulated Depreciation 12/31/2018 | $ 1,108 | |||
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 | 60 | |||
Land | 1,097 | |||
Buildings and Improvements | 3,363 | |||
Total | 4,460 | |||
Accumulated Depreciation 12/31/2018 | $ 1,046 | |||
6891 NW 74th Street [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 | 3,874 | |||
Land | 864 | |||
Buildings and Improvements | 7,295 | |||
Total | 8,159 | |||
Accumulated Depreciation 12/31/2018 | $ 2,729 | |||
12601 &12605 NW 115th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Medley, FL | |||
Land | $ 2,039 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 344 | |||
Land | 674 | |||
Buildings and Improvements | 1,709 | |||
Total | 2,383 | |||
Accumulated Depreciation 12/31/2018 | $ 421 | |||
1351 NW 78th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Doral, FL | |||
Land | $ 3,111 | |||
Buildings and Improvements | 4,634 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 10 | |||
Land | 3,111 | |||
Buildings and Improvements | 4,644 | |||
Total | 7,755 | |||
Accumulated Depreciation 12/31/2018 | $ 512 | |||
2500 N.W. 19th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Pompano Beach, FL | |||
Land | $ 8,824 | |||
Buildings and Improvements | 11,660 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 229 | |||
Land | 8,824 | |||
Buildings and Improvements | 11,889 | |||
Total | 20,713 | |||
Accumulated Depreciation 12/31/2018 | $ 939 | |||
5355 South Westridge Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 4,135 | |||
Land | 1,630 | |||
Buildings and Improvements | 7,058 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (39) | |||
Land | 1,646 | |||
Buildings and Improvements | 7,003 | |||
Total | 8,649 | |||
Accumulated Depreciation 12/31/2018 | $ 2,293 | |||
17005 W. Ryerson Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 2,247 | |||
Land | 403 | |||
Buildings and Improvements | 3,647 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 415 | |||
Land | 405 | |||
Buildings and Improvements | 4,060 | |||
Total | 4,465 | |||
Accumulated Depreciation 12/31/2018 | $ 2,383 | |||
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 12/31/2018 | $ 567 | |||
16600 West Glendale Ave [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | New Berlin, WI | |||
Encumbrances | $ 1,577 | |||
Land | 704 | |||
Buildings and Improvements | 1,923 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 710 | |||
Land | 715 | |||
Buildings and Improvements | 2,622 | |||
Total | 3,337 | |||
Accumulated Depreciation 12/31/2018 | $ 2,031 | |||
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 | 17,020 | |||
Land | 1,204 | |||
Buildings and Improvements | 17,004 | |||
Total | 18,208 | |||
Accumulated Depreciation 12/31/2018 | $ 5,186 | |||
6201 West 111th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bloomington, MN | |||
Encumbrances | $ 1,645 | |||
Land | 1,358 | |||
Buildings and Improvements | 8,622 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13,263 | |||
Land | 1,519 | |||
Buildings and Improvements | 21,724 | |||
Total | 23,243 | |||
Accumulated Depreciation 12/31/2018 | $ 13,901 | |||
1030 Lone Oak Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eagan, MN | |||
Encumbrances | $ 1,877 | |||
Land | 456 | |||
Buildings and Improvements | 2,703 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 813 | |||
Land | 456 | |||
Buildings and Improvements | 3,516 | |||
Total | 3,972 | |||
Accumulated Depreciation 12/31/2018 | $ 2,025 | |||
1060 Lone Oak Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eagan, MN | |||
Encumbrances | $ 2,438 | |||
Land | 624 | |||
Buildings and Improvements | 3,700 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 834 | |||
Land | 624 | |||
Buildings and Improvements | 4,534 | |||
Total | 5,158 | |||
Accumulated Depreciation 12/31/2018 | $ 2,608 | |||
5400 Nathan Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Plymouth, MN | |||
Land | $ 749 | |||
Buildings and Improvements | 4,461 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 869 | |||
Land | 757 | |||
Buildings and Improvements | 5,322 | |||
Total | 6,079 | |||
Accumulated Depreciation 12/31/2018 | $ 3,038 | |||
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 | 6,232 | |||
Land | 1,466 | |||
Buildings and Improvements | 14,574 | |||
Total | 16,040 | |||
Accumulated Depreciation 12/31/2018 | $ 7,621 | |||
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 | 1,043 | |||
Land | 315 | |||
Buildings and Improvements | 2,847 | |||
Total | 3,162 | |||
Accumulated Depreciation 12/31/2018 | $ 1,554 | |||
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 12/31/2018 | $ 1,037 | |||
5775 12th Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 3,251 | |||
Land | 590 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,871 | |||
Land | 590 | |||
Buildings and Improvements | 5,871 | |||
Total | 6,461 | |||
Accumulated Depreciation 12/31/2018 | $ 2,176 | |||
1157 Valley Park Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 4,061 | |||
Land | 760 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,734 | |||
Land | 888 | |||
Buildings and Improvements | 7,606 | |||
Total | 8,494 | |||
Accumulated Depreciation 12/31/2018 | $ 3,203 | |||
9600 West 76th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Encumbrances | $ 1,918 | |||
Land | 1,000 | |||
Buildings and Improvements | 2,450 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 67 | |||
Land | 1,034 | |||
Buildings and Improvements | 2,483 | |||
Total | 3,517 | |||
Accumulated Depreciation 12/31/2018 | $ 893 | |||
9700 West 76th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eden Prairie, MN | |||
Encumbrances | $ 2,223 | |||
Land | 1,000 | |||
Buildings and Improvements | 2,709 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 368 | |||
Land | 1,038 | |||
Buildings and Improvements | 3,039 | |||
Total | 4,077 | |||
Accumulated Depreciation 12/31/2018 | $ 995 | |||
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 | (468) | |||
Land | 1,510 | |||
Buildings and Improvements | 7,850 | |||
Total | 9,360 | |||
Accumulated Depreciation 12/31/2018 | $ 2,322 | |||
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 | 600 | |||
Land | 1,009 | |||
Buildings and Improvements | 2,190 | |||
Total | 3,199 | |||
Accumulated Depreciation 12/31/2018 | $ 1,400 | |||
1087 Park Place [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 2,939 | |||
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 12/31/2018 | $ 1,646 | |||
5391 12th Avenue SE [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Land | $ 1,392 | |||
Buildings and Improvements | 8,149 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13 | |||
Land | 1,395 | |||
Buildings and Improvements | 8,159 | |||
Total | 9,554 | |||
Accumulated Depreciation 12/31/2018 | $ 2,660 | |||
4701 Valley Industrial Blvd S [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Shakopee, MN | |||
Encumbrances | $ 4,167 | |||
Land | 1,296 | |||
Buildings and Improvements | 7,157 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (172) | |||
Land | 1,299 | |||
Buildings and Improvements | 6,982 | |||
Total | 8,281 | |||
Accumulated Depreciation 12/31/2018 | $ 3,733 | |||
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 | 1,273 | |||
Land | 665 | |||
Buildings and Improvements | 4,456 | |||
Total | 5,121 | |||
Accumulated Depreciation 12/31/2018 | $ 2,102 | |||
7035 Winnetka Avene North [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Brooklyn Park, MN | |||
Encumbrances | $ 4,218 | |||
Land | 1,275 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,545 | |||
Land | 1,343 | |||
Buildings and Improvements | 7,477 | |||
Total | 8,820 | |||
Accumulated Depreciation 12/31/2018 | $ 2,305 | |||
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 12/31/2018 | $ 914 | |||
21900 Dodd Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lakeville, MN | |||
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 12/31/2018 | $ 3,062 | |||
375 Rivertown Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Woodbury, MN | |||
Encumbrances | $ 6,993 | |||
Land | 2,635 | |||
Buildings and Improvements | 8,157 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,224 | |||
Land | 2,635 | |||
Buildings and Improvements | 9,381 | |||
Total | 12,016 | |||
Accumulated Depreciation 12/31/2018 | $ 2,184 | |||
935 Aldrin Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eagan, MN | |||
Encumbrances | $ 5,188 | |||
Land | 2,096 | |||
Buildings and Improvements | 7,884 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 439 | |||
Land | 2,096 | |||
Buildings and Improvements | 8,323 | |||
Total | 10,419 | |||
Accumulated Depreciation 12/31/2018 | $ 1,652 | |||
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 | 7,567 | |||
Land | 1,634 | |||
Buildings and Improvements | 7,556 | |||
Total | 9,190 | |||
Accumulated Depreciation 12/31/2018 | $ 818 | |||
7051 West Broadway [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Brooklyn Park, MN | |||
Encumbrances | $ 3,358 | |||
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 12/31/2018 | $ 592 | |||
1931 Air Lane Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Land | $ 489 | |||
Buildings and Improvements | 2,785 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 635 | |||
Land | 493 | |||
Buildings and Improvements | 3,416 | |||
Total | 3,909 | |||
Accumulated Depreciation 12/31/2018 | $ 1,649 | |||
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 | 689 | |||
Land | 365 | |||
Buildings and Improvements | 2,724 | |||
Total | 3,089 | |||
Accumulated Depreciation 12/31/2018 | $ 1,197 | |||
1740 River Hills Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Encumbrances | $ 2,537 | |||
Land | 848 | |||
Buildings and Improvements | 4,383 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 652 | |||
Land | 888 | |||
Buildings and Improvements | 4,995 | |||
Total | 5,883 | |||
Accumulated Depreciation 12/31/2018 | $ 2,669 | |||
211 Ellery Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Nashville, TN | |||
Encumbrances | $ 1,658 | |||
Land | 606 | |||
Buildings and Improvements | 3,192 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (289) | |||
Land | 616 | |||
Buildings and Improvements | 2,893 | |||
Total | 3,509 | |||
Accumulated Depreciation 12/31/2018 | $ 1,052 | |||
130 Maddox Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Mount Juliet, TN | |||
Land | $ 1,778 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 23,914 | |||
Land | 1,778 | |||
Buildings and Improvements | 23,914 | |||
Total | 25,692 | |||
Accumulated Depreciation 12/31/2018 | $ 5,963 | |||
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 | 858 | |||
Land | 503 | |||
Buildings and Improvements | 3,573 | |||
Total | 4,076 | |||
Accumulated Depreciation 12/31/2018 | $ 1,682 | |||
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 | 838 | |||
Land | 593 | |||
Buildings and Improvements | 4,057 | |||
Total | 4,650 | |||
Accumulated Depreciation 12/31/2018 | $ 2,032 | |||
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 | 582 | |||
Land | 375 | |||
Buildings and Improvements | 2,635 | |||
Total | 3,010 | |||
Accumulated Depreciation 12/31/2018 | $ 1,270 | |||
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 | 606 | |||
Land | 377 | |||
Buildings and Improvements | 2,638 | |||
Total | 3,015 | |||
Accumulated Depreciation 12/31/2018 | $ 1,314 | |||
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 | 530 | |||
Land | 362 | |||
Buildings and Improvements | 2,483 | |||
Total | 2,845 | |||
Accumulated Depreciation 12/31/2018 | $ 1,252 | |||
20 World's Fair Drive Lot 13 [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Somerset, NJ | |||
Land | $ 9 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,630 | |||
Land | 691 | |||
Buildings and Improvements | 1,948 | |||
Total | 2,639 | |||
Accumulated Depreciation 12/31/2018 | $ 847 | |||
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 | 1,032 | |||
Land | 978 | |||
Buildings and Improvements | 6,514 | |||
Total | 7,492 | |||
Accumulated Depreciation 12/31/2018 | $ 2,799 | |||
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 | 472 | |||
Land | 479 | |||
Buildings and Improvements | 3,153 | |||
Total | 3,632 | |||
Accumulated Depreciation 12/31/2018 | $ 1,409 | |||
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 | 256 | |||
Land | 262 | |||
Buildings and Improvements | 1,725 | |||
Total | 1,987 | |||
Accumulated Depreciation 12/31/2018 | $ 765 | |||
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 | 519 | |||
Land | 965 | |||
Buildings and Improvements | 5,925 | |||
Total | 6,890 | |||
Accumulated Depreciation 12/31/2018 | $ 2,635 | |||
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 | 514 | |||
Land | 970 | |||
Buildings and Improvements | 5,944 | |||
Total | 6,914 | |||
Accumulated Depreciation 12/31/2018 | $ 2,638 | |||
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 | 1,401 | |||
Land | 1,534 | |||
Buildings and Improvements | 9,916 | |||
Total | 11,450 | |||
Accumulated Depreciation 12/31/2018 | $ 4,442 | |||
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 | 317 | |||
Land | 396 | |||
Buildings and Improvements | 2,516 | |||
Total | 2,912 | |||
Accumulated Depreciation 12/31/2018 | $ 1,113 | |||
16 Chapin Road [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 | 659 | |||
Land | 901 | |||
Buildings and Improvements | 5,658 | |||
Total | 6,559 | |||
Accumulated Depreciation 12/31/2018 | $ 2,491 | |||
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 | 692 | |||
Land | 1,154 | |||
Buildings and Improvements | 7,098 | |||
Total | 8,252 | |||
Accumulated Depreciation 12/31/2018 | $ 3,106 | |||
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 | 4,475 | |||
Land | 944 | |||
Buildings and Improvements | 4,475 | |||
Total | 5,419 | |||
Accumulated Depreciation 12/31/2018 | $ 1,768 | |||
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 | 5,435 | |||
Land | 996 | |||
Buildings and Improvements | 5,435 | |||
Total | 6,431 | |||
Accumulated Depreciation 12/31/2018 | $ 1,940 | |||
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 | 328 | |||
Land | 162 | |||
Buildings and Improvements | 834 | |||
Total | 996 | |||
Accumulated Depreciation 12/31/2018 | $ 429 | |||
309-319 Pierce Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Somerset, NJ | |||
Encumbrances | $ 2,818 | |||
Land | 1,300 | |||
Buildings and Improvements | 4,628 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 606 | |||
Land | 1,309 | |||
Buildings and Improvements | 5,225 | |||
Total | 6,534 | |||
Accumulated Depreciation 12/31/2018 | $ 2,005 | |||
400 Cedar Lane [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Florence Township, NJ | |||
Land | $ 9,730 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 26,209 | |||
Land | 9,730 | |||
Buildings and Improvements | 26,209 | |||
Total | 35,939 | |||
Accumulated Depreciation 12/31/2018 | $ 1,486 | |||
301 Bordentown Hedding Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bordentown, NJ | |||
Land | $ 3,983 | |||
Buildings and Improvements | 15,881 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 9 | |||
Land | 3,984 | |||
Buildings and Improvements | 15,889 | |||
Total | 19,873 | |||
Accumulated Depreciation 12/31/2018 | $ 806 | |||
302 Bordentown Hedding Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Bordentown, NJ | |||
Land | $ 2,738 | |||
Buildings and Improvements | 8,190 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 2,738 | |||
Buildings and Improvements | 8,190 | |||
Total | 10,928 | |||
Accumulated Depreciation 12/31/2018 | $ 89 | |||
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 | 237 | |||
Land | 920 | |||
Buildings and Improvements | 4,839 | |||
Total | 5,759 | |||
Accumulated Depreciation 12/31/2018 | $ 1,803 | |||
8751 Skinner Court [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orlando, FL | |||
Encumbrances | $ 4,243 | |||
Land | 1,691 | |||
Buildings and Improvements | 7,249 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (5) | |||
Land | 1,692 | |||
Buildings and Improvements | 7,243 | |||
Total | 8,935 | |||
Accumulated Depreciation 12/31/2018 | $ 694 | |||
4473 Shader Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orlando, FL | |||
Land | $ 2,094 | |||
Buildings and Improvements | 10,444 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 56 | |||
Land | 2,094 | |||
Buildings and Improvements | 10,500 | |||
Total | 12,594 | |||
Accumulated Depreciation 12/31/2018 | $ 924 | |||
550 Gills Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orlando, FL | |||
Land | $ 1,321 | |||
Buildings and Improvements | 6,176 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4 | |||
Land | 1,321 | |||
Buildings and Improvements | 6,180 | |||
Total | 7,501 | |||
Accumulated Depreciation 12/31/2018 | $ 311 | |||
450 Gills Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orlando, FL | |||
Land | $ 1,031 | |||
Buildings and Improvements | 6,406 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 1,031 | |||
Buildings and Improvements | 6,406 | |||
Total | 7,437 | |||
Accumulated Depreciation 12/31/2018 | $ 231 | |||
4401 Shader Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Orlando, FL | |||
Land | $ 1,037 | |||
Buildings and Improvements | 7,116 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4 | |||
Land | 1,037 | |||
Buildings and Improvements | 7,120 | |||
Total | 8,157 | |||
Accumulated Depreciation 12/31/2018 | $ 158 | |||
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 | 627 | |||
Land | 396 | |||
Buildings and Improvements | 2,781 | |||
Total | 3,177 | |||
Accumulated Depreciation 12/31/2018 | $ 1,248 | |||
50 South 56th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Chandler, AZ | |||
Land | $ 1,206 | |||
Buildings and Improvements | 3,218 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,379 | |||
Land | 1,252 | |||
Buildings and Improvements | 4,551 | |||
Total | 5,803 | |||
Accumulated Depreciation 12/31/2018 | $ 2,112 | |||
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 | (2,153) | |||
Land | 362 | |||
Buildings and Improvements | 1,449 | |||
Total | 1,811 | |||
Accumulated Depreciation 12/31/2018 | $ 536 | |||
1590 E Riverview Dr. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Land | $ 1,293 | |||
Buildings and Improvements | 5,950 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (267) | |||
Land | 1,292 | |||
Buildings and Improvements | 5,684 | |||
Total | 6,976 | |||
Accumulated Depreciation 12/31/2018 | $ 1,478 | |||
14131 N. Rio Vista Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Encumbrances | $ 5,439 | |||
Land | 2,563 | |||
Buildings and Improvements | 9,388 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (445) | |||
Land | 2,563 | |||
Buildings and Improvements | 8,943 | |||
Total | 11,506 | |||
Accumulated Depreciation 12/31/2018 | $ 2,206 | |||
8716 W. Ludlow Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Peoria, AZ | |||
Encumbrances | $ 6,721 | |||
Land | 2,709 | |||
Buildings and Improvements | 10,970 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 540 | |||
Land | 2,709 | |||
Buildings and Improvements | 11,510 | |||
Total | 14,219 | |||
Accumulated Depreciation 12/31/2018 | $ 2,942 | |||
3815 W. Washington St. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Phoenix, AZ | |||
Land | $ 1,675 | |||
Buildings and Improvements | 4,514 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 316 | |||
Land | 1,719 | |||
Buildings and Improvements | 4,786 | |||
Total | 6,505 | |||
Accumulated Depreciation 12/31/2018 | $ 1,489 | |||
9180 W. Buckeye Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Tolleson, AZ | |||
Land | $ 1,904 | |||
Buildings and Improvements | 6,805 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,124 | |||
Land | 1,923 | |||
Buildings and Improvements | 9,910 | |||
Total | 11,833 | |||
Accumulated Depreciation 12/31/2018 | $ 2,890 | |||
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 12/31/2018 | $ 1,072 | |||
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 | 123 | |||
Land | 956 | |||
Buildings and Improvements | 2,791 | |||
Total | 3,747 | |||
Accumulated Depreciation 12/31/2018 | $ 433 | |||
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 12/31/2018 | $ 423 | |||
94th 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 | 16,645 | |||
Land | 4,315 | |||
Buildings and Improvements | 16,645 | |||
Total | 20,960 | |||
Accumulated Depreciation 12/31/2018 | $ 1,306 | |||
16601 West Sells Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Goodyear, AZ | |||
Land | $ 24,743 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 19,087 | |||
Land | 24,803 | |||
Buildings and Improvements | 19,027 | |||
Total | 43,830 | |||
Accumulated Depreciation 12/31/2018 | $ 873 | |||
16560 West Sells Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Goodyear, AZ | |||
Land | $ 6,259 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 23,287 | |||
Land | 6,269 | |||
Buildings and Improvements | 23,277 | |||
Total | 29,546 | |||
Accumulated Depreciation 12/31/2018 | $ 406 | |||
1901 Raymond Ave SW [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Renton, WA | |||
Land | $ 4,458 | |||
Buildings and Improvements | 2,659 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 532 | |||
Land | 4,594 | |||
Buildings and Improvements | 3,055 | |||
Total | 7,649 | |||
Accumulated Depreciation 12/31/2018 | $ 1,074 | |||
19014 64th Avenue South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kent, WA | |||
Encumbrances | $ 2,770 | |||
Land | 1,990 | |||
Buildings and Improvements | 3,979 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 456 | |||
Land | 2,042 | |||
Buildings and Improvements | 4,383 | |||
Total | 6,425 | |||
Accumulated Depreciation 12/31/2018 | $ 1,820 | |||
18640 68th Avenue South [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kent, WA | |||
Land | $ 1,218 | |||
Buildings and Improvements | 1,950 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 310 | |||
Land | 1,258 | |||
Buildings and Improvements | 2,220 | |||
Total | 3,478 | |||
Accumulated Depreciation 12/31/2018 | $ 995 | |||
6407 S 210th Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kent, WA | |||
Land | $ 1,737 | |||
Buildings and Improvements | 3,508 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 1,737 | |||
Buildings and Improvements | 3,508 | |||
Total | 5,245 | |||
Accumulated Depreciation 12/31/2018 | $ 128 | |||
1402 Puyallup Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sumner, WA | |||
Land | $ 3,766 | |||
Buildings and Improvements | 4,457 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 0 | |||
Land | 3,766 | |||
Buildings and Improvements | 4,457 | |||
Total | 8,223 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
1944 Vista Bella Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 2,697 | |||
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 12/31/2018 | $ 1,861 | |||
2000 Vista Bella Way [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 1,174 | |||
Land | 817 | |||
Buildings and Improvements | 1,673 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 232 | |||
Land | 853 | |||
Buildings and Improvements | 1,869 | |||
Total | 2,722 | |||
Accumulated Depreciation 12/31/2018 | $ 996 | |||
2835 East Ana Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Encumbrances | $ 2,288 | |||
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 12/31/2018 | $ 1,674 | |||
665 N. Baldwin Park Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | City of Industry, CA | |||
Encumbrances | $ 4,263 | |||
Land | 2,124 | |||
Buildings and Improvements | 5,219 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 2,542 | |||
Land | 2,143 | |||
Buildings and Improvements | 7,742 | |||
Total | 9,885 | |||
Accumulated Depreciation 12/31/2018 | $ 2,100 | |||
27801 Avenue Scott [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Santa Clarita, CA | |||
Encumbrances | $ 5,086 | |||
Land | 2,890 | |||
Buildings and Improvements | 7,020 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 196 | |||
Land | 2,902 | |||
Buildings and Improvements | 7,204 | |||
Total | 10,106 | |||
Accumulated Depreciation 12/31/2018 | $ 2,889 | |||
2610 & 2660 Columbia [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Torrance, CA | |||
Encumbrances | $ 3,927 | |||
Land | 3,008 | |||
Buildings and Improvements | 5,826 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 271 | |||
Land | 3,031 | |||
Buildings and Improvements | 6,074 | |||
Total | 9,105 | |||
Accumulated Depreciation 12/31/2018 | $ 2,376 | |||
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 | 3 | |||
Land | 684 | |||
Buildings and Improvements | 168 | |||
Total | 852 | |||
Accumulated Depreciation 12/31/2018 | $ 111 | |||
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 12/31/2018 | $ 5,239 | |||
2325 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 1,785 | |||
Land | 1,441 | |||
Buildings and Improvements | 1,239 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 594 | |||
Land | 1,446 | |||
Buildings and Improvements | 1,828 | |||
Total | 3,274 | |||
Accumulated Depreciation 12/31/2018 | $ 692 | |||
2335 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 979 | |||
Land | 817 | |||
Buildings and Improvements | 762 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 216 | |||
Land | 821 | |||
Buildings and Improvements | 974 | |||
Total | 1,795 | |||
Accumulated Depreciation 12/31/2018 | $ 448 | |||
2345 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 637 | |||
Land | 562 | |||
Buildings and Improvements | 456 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 151 | |||
Land | 565 | |||
Buildings and Improvements | 604 | |||
Total | 1,169 | |||
Accumulated Depreciation 12/31/2018 | $ 270 | |||
2355 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 556 | |||
Land | 481 | |||
Buildings and Improvements | 365 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 174 | |||
Land | 483 | |||
Buildings and Improvements | 537 | |||
Total | 1,020 | |||
Accumulated Depreciation 12/31/2018 | $ 287 | |||
2365 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 1,022 | |||
Land | 1,098 | |||
Buildings and Improvements | 630 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 146 | |||
Land | 1,102 | |||
Buildings and Improvements | 772 | |||
Total | 1,874 | |||
Accumulated Depreciation 12/31/2018 | $ 418 | |||
2375 Camino Vida Roble [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 1,213 | |||
Land | 1,210 | |||
Buildings and Improvements | 874 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 140 | |||
Land | 1,214 | |||
Buildings and Improvements | 1,010 | |||
Total | 2,224 | |||
Accumulated Depreciation 12/31/2018 | $ 458 | |||
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 | 733 | |||
Land | 2,895 | |||
Buildings and Improvements | 2,654 | |||
Total | 5,549 | |||
Accumulated Depreciation 12/31/2018 | $ 1,075 | |||
13100 Gregg Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Poway, CA | |||
Encumbrances | $ 2,889 | |||
Land | 1,040 | |||
Buildings and Improvements | 4,160 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 913 | |||
Land | 1,073 | |||
Buildings and Improvements | 5,040 | |||
Total | 6,113 | |||
Accumulated Depreciation 12/31/2018 | $ 2,344 | |||
21730-21748 Marilla St. [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Chatsworth, CA | |||
Encumbrances | $ 2,518 | |||
Land | 2,585 | |||
Buildings and Improvements | 3,210 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 44 | |||
Land | 2,608 | |||
Buildings and Improvements | 3,231 | |||
Total | 5,839 | |||
Accumulated Depreciation 12/31/2018 | $ 1,374 | |||
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 | (510) | |||
Land | 3,657 | |||
Buildings and Improvements | 3,351 | |||
Total | 7,008 | |||
Accumulated Depreciation 12/31/2018 | $ 1,444 | |||
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 | (559) | |||
Land | 2,396 | |||
Buildings and Improvements | 2,655 | |||
Total | 5,051 | |||
Accumulated Depreciation 12/31/2018 | $ 1,144 | |||
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 12/31/2018 | $ 5,539 | |||
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 | 45 | |||
Land | 1,441 | |||
Buildings and Improvements | 818 | |||
Total | 2,259 | |||
Accumulated Depreciation 12/31/2018 | $ 364 | |||
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 | (722) | |||
Land | 675 | |||
Buildings and Improvements | 678 | |||
Total | 1,353 | |||
Accumulated Depreciation 12/31/2018 | $ 272 | |||
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 | (2) | |||
Land | 1,229 | |||
Buildings and Improvements | 709 | |||
Total | 1,938 | |||
Accumulated Depreciation 12/31/2018 | $ 315 | |||
1280 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Encumbrances | $ 2,326 | |||
Land | 2,043 | |||
Buildings and Improvements | 3,408 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (59) | |||
Land | 2,051 | |||
Buildings and Improvements | 3,341 | |||
Total | 5,392 | |||
Accumulated Depreciation 12/31/2018 | $ 894 | |||
1290 Rancho Conejo Blvd [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Encumbrances | $ 1,957 | |||
Land | 1,754 | |||
Buildings and Improvements | 2,949 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (165) | |||
Land | 1,761 | |||
Buildings and Improvements | 2,777 | |||
Total | 4,538 | |||
Accumulated Depreciation 12/31/2018 | $ 746 | |||
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 12/31/2018 | $ 721 | |||
14050 Day Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 2,538 | |||
Buildings and Improvements | 2,538 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 574 | |||
Land | 2,565 | |||
Buildings and Improvements | 3,084 | |||
Total | 5,649 | |||
Accumulated Depreciation 12/31/2018 | $ 1,244 | |||
12925 Marlay Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Fontana, CA | |||
Land | $ 6,072 | |||
Buildings and Improvements | 7,891 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 303 | |||
Land | 6,090 | |||
Buildings and Improvements | 8,176 | |||
Total | 14,266 | |||
Accumulated Depreciation 12/31/2018 | $ 4,319 | |||
18201-18291 Santa Fe [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Rancho Dominguez, CA | |||
Land | $ 6,720 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 9,457 | |||
Land | 6,897 | |||
Buildings and Improvements | 9,280 | |||
Total | 16,177 | |||
Accumulated Depreciation 12/31/2018 | $ 2,523 | |||
1011 Rancho Conejo [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Thousand Oaks, CA | |||
Encumbrances | $ 4,341 | |||
Land | 7,717 | |||
Buildings and Improvements | 2,518 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (169) | |||
Land | 7,752 | |||
Buildings and Improvements | 2,313 | |||
Total | 10,065 | |||
Accumulated Depreciation 12/31/2018 | $ 1,109 | |||
20700 Denker Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Torrance, CA | |||
Encumbrances | $ 5,290 | |||
Land | 5,767 | |||
Buildings and Improvements | 2,538 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,397 | |||
Land | 5,964 | |||
Buildings and Improvements | 3,739 | |||
Total | 9,703 | |||
Accumulated Depreciation 12/31/2018 | $ 2,384 | |||
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 | 913 | |||
Land | 2,874 | |||
Buildings and Improvements | 3,739 | |||
Total | 6,613 | |||
Accumulated Depreciation 12/31/2018 | $ 1,426 | |||
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 | 233 | |||
Land | 8,545 | |||
Buildings and Improvements | 7,372 | |||
Total | 15,917 | |||
Accumulated Depreciation 12/31/2018 | $ 1,745 | |||
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 | 21,277 | |||
Land | 6,482 | |||
Buildings and Improvements | 28,338 | |||
Total | 34,820 | |||
Accumulated Depreciation 12/31/2018 | $ 4,772 | |||
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 12/31/2018 | $ 2,789 | |||
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 | 21,620 | |||
Land | 32,540 | |||
Buildings and Improvements | 21,616 | |||
Total | 54,156 | |||
Accumulated Depreciation 12/31/2018 | $ 2,925 | |||
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 | (58) | |||
Land | 0 | |||
Buildings and Improvements | 6,773 | |||
Total | 6,773 | |||
Accumulated Depreciation 12/31/2018 | $ 1,577 | |||
4710 Guasti Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Ontario, CA | |||
Encumbrances | $ 5,072 | |||
Land | 2,846 | |||
Buildings and Improvements | 6,564 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 213 | |||
Land | 2,846 | |||
Buildings and Improvements | 6,777 | |||
Total | 9,623 | |||
Accumulated Depreciation 12/31/2018 | $ 1,020 | |||
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 | 25,810 | |||
Land | 6,395 | |||
Buildings and Improvements | 25,803 | |||
Total | 32,198 | |||
Accumulated Depreciation 12/31/2018 | $ 3,379 | |||
13414 South Figueroa [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Los Angeles, CA | |||
Encumbrances | $ 3,914 | |||
Land | 1,701 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 6,580 | |||
Land | 1,887 | |||
Buildings and Improvements | 6,394 | |||
Total | 8,281 | |||
Accumulated Depreciation 12/31/2018 | $ 727 | |||
3841 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 | 8,040 | |||
Land | 4,400 | |||
Buildings and Improvements | 8,040 | |||
Total | 12,440 | |||
Accumulated Depreciation 12/31/2018 | $ 1,014 | |||
3831 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 | 4,584 | |||
Land | 2,694 | |||
Buildings and Improvements | 4,583 | |||
Total | 7,277 | |||
Accumulated Depreciation 12/31/2018 | $ 560 | |||
3821 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 | 4,469 | |||
Land | 2,792 | |||
Buildings and Improvements | 4,469 | |||
Total | 7,261 | |||
Accumulated Depreciation 12/31/2018 | $ 528 | |||
145 West 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 | 173 | |||
Land | 2,901 | |||
Buildings and Improvements | 2,458 | |||
Total | 5,359 | |||
Accumulated Depreciation 12/31/2018 | $ 397 | |||
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 | 1 | |||
Land | 3,182 | |||
Buildings and Improvements | 10,644 | |||
Total | 13,826 | |||
Accumulated Depreciation 12/31/2018 | $ 1,257 | |||
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 | 54 | |||
Land | 5,034 | |||
Buildings and Improvements | 22,149 | |||
Total | 27,183 | |||
Accumulated Depreciation 12/31/2018 | $ 2,433 | |||
24901 San Michele Road [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 | 11,556 | |||
Land | 1,274 | |||
Buildings and Improvements | 11,556 | |||
Total | 12,830 | |||
Accumulated Depreciation 12/31/2018 | $ 826 | |||
1445 Engineer Street [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Vista, CA | |||
Land | $ 6,816 | |||
Buildings and Improvements | 4,417 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3 | |||
Land | 6,816 | |||
Buildings and Improvements | 4,420 | |||
Total | 11,236 | |||
Accumulated Depreciation 12/31/2018 | $ 600 | |||
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 | 3,474 | |||
Land | 9,381 | |||
Buildings and Improvements | 7,294 | |||
Total | 16,675 | |||
Accumulated Depreciation 12/31/2018 | $ 446 | |||
10586 Tamarind Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Fontana, CA | |||
Land | $ 4,275 | |||
Buildings and Improvements | 8,275 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 228 | |||
Land | 4,275 | |||
Buildings and Improvements | 8,503 | |||
Total | 12,778 | |||
Accumulated Depreciation 12/31/2018 | $ 424 | |||
2777 Loker Avenue West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Carlsbad, CA | |||
Encumbrances | $ 11,028 | |||
Land | 7,599 | |||
Buildings and Improvements | 13,267 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 122 | |||
Land | 7,599 | |||
Buildings and Improvements | 13,389 | |||
Total | 20,988 | |||
Accumulated Depreciation 12/31/2018 | $ 822 | |||
7105 Old 215 Frontage Road [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Riverside, CA | |||
Land | $ 4,900 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 12,742 | |||
Land | 4,900 | |||
Buildings and Improvements | 12,742 | |||
Total | 17,642 | |||
Accumulated Depreciation 12/31/2018 | $ 540 | |||
28545 Livingston Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Valencia, CA | |||
Land | $ 9,813 | |||
Buildings and Improvements | 10,954 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 644 | |||
Land | 9,813 | |||
Buildings and Improvements | 11,598 | |||
Total | 21,411 | |||
Accumulated Depreciation 12/31/2018 | $ 335 | |||
3801 Ocean Ranch Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Oceanside, CA | |||
Encumbrances | $ 3,046 | |||
Land | 2,907 | |||
Buildings and Improvements | 6,151 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1 | |||
Land | 2,909 | |||
Buildings and Improvements | 6,150 | |||
Total | 9,059 | |||
Accumulated Depreciation 12/31/2018 | $ 174 | |||
3809 Ocean Ranch Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Oceanside, CA | |||
Encumbrances | $ 3,279 | |||
Land | 3,140 | |||
Buildings and Improvements | 6,964 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | (2) | |||
Land | 3,141 | |||
Buildings and Improvements | 6,961 | |||
Total | 10,102 | |||
Accumulated Depreciation 12/31/2018 | $ 180 | |||
3817 Ocean Ranch Boulevard [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Oceanside, CA | |||
Encumbrances | $ 5,132 | |||
Land | 5,438 | |||
Buildings and Improvements | 10,278 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 209 | |||
Land | 5,442 | |||
Buildings and Improvements | 10,483 | |||
Total | 15,925 | |||
Accumulated Depreciation 12/31/2018 | $ 281 | |||
24385 Nandina Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Moreno Valley, CA | |||
Land | $ 17,023 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 57,083 | |||
Land | 17,066 | |||
Buildings and Improvements | 57,040 | |||
Total | 74,106 | |||
Accumulated Depreciation 12/31/2018 | $ 237 | |||
14999 Summit Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eastvale, CA | |||
Land | $ 1,508 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,120 | |||
Land | 1,508 | |||
Buildings and Improvements | 3,120 | |||
Total | 4,628 | |||
Accumulated Depreciation 12/31/2018 | $ 51 | |||
14969 Summit Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eastvale, CA | |||
Land | $ 3,847 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 11,211 | |||
Land | 3,847 | |||
Buildings and Improvements | 11,211 | |||
Total | 15,058 | |||
Accumulated Depreciation 12/31/2018 | $ 299 | |||
14939 Summit Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eastvale, CA | |||
Land | $ 3,107 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 8,273 | |||
Land | 3,107 | |||
Buildings and Improvements | 8,273 | |||
Total | 11,380 | |||
Accumulated Depreciation 12/31/2018 | $ 138 | |||
14909 Summit Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eastvale, CA | |||
Land | $ 7,099 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 19,177 | |||
Land | 7,099 | |||
Buildings and Improvements | 19,177 | |||
Total | 26,276 | |||
Accumulated Depreciation 12/31/2018 | $ 317 | |||
14940 Summit Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eastvale, CA | |||
Land | $ 5,423 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13,334 | |||
Land | 5,423 | |||
Buildings and Improvements | 13,334 | |||
Total | 18,757 | |||
Accumulated Depreciation 12/31/2018 | $ 194 | |||
14910 Summit Drive [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Eastvale, CA | |||
Land | $ 1,873 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,290 | |||
Land | 1,873 | |||
Buildings and Improvements | 5,290 | |||
Total | 7,163 | |||
Accumulated Depreciation 12/31/2018 | $ 77 | |||
6821-6857 Hazelwood Avenue [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Berkeley, MO | |||
Encumbrances | $ 4,289 | |||
Land | 985 | |||
Buildings and Improvements | 6,205 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,333 | |||
Land | 985 | |||
Buildings and Improvements | 7,538 | |||
Total | 8,523 | |||
Accumulated Depreciation 12/31/2018 | $ 3,075 | |||
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 | 552 | |||
Land | 804 | |||
Buildings and Improvements | 2,647 | |||
Total | 3,451 | |||
Accumulated Depreciation 12/31/2018 | $ 1,154 | |||
1908-2000 Innerbelt [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Overland, MO | |||
Encumbrances | $ 6,587 | |||
Land | 1,590 | |||
Buildings and Improvements | 9,026 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,464 | |||
Land | 1,591 | |||
Buildings and Improvements | 10,489 | |||
Total | 12,080 | |||
Accumulated Depreciation 12/31/2018 | $ 5,236 | |||
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 | 378 | |||
Land | 1,921 | |||
Buildings and Improvements | 32,289 | |||
Total | 34,210 | |||
Accumulated Depreciation 12/31/2018 | $ 10,970 | |||
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 | 274 | |||
Land | 200 | |||
Buildings and Improvements | 1,352 | |||
Total | 1,552 | |||
Accumulated Depreciation 12/31/2018 | $ 719 | |||
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 | 207 | |||
Land | 200 | |||
Buildings and Improvements | 1,285 | |||
Total | 1,485 | |||
Accumulated Depreciation 12/31/2018 | $ 664 | |||
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 | 184 | |||
Land | 255 | |||
Buildings and Improvements | 1,548 | |||
Total | 1,803 | |||
Accumulated Depreciation 12/31/2018 | $ 796 | |||
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 | 370 | |||
Land | 326 | |||
Buildings and Improvements | 2,093 | |||
Total | 2,419 | |||
Accumulated Depreciation 12/31/2018 | $ 1,056 | |||
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 | 310 | |||
Land | 326 | |||
Buildings and Improvements | 2,033 | |||
Total | 2,359 | |||
Accumulated Depreciation 12/31/2018 | $ 1,037 | |||
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 | 403 | |||
Land | 242 | |||
Buildings and Improvements | 1,247 | |||
Total | 1,489 | |||
Accumulated Depreciation 12/31/2018 | $ 587 | |||
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 | 197 | |||
Land | 110 | |||
Buildings and Improvements | 587 | |||
Total | 697 | |||
Accumulated Depreciation 12/31/2018 | $ 291 | |||
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 | 552 | |||
Land | 221 | |||
Buildings and Improvements | 1,750 | |||
Total | 1,971 | |||
Accumulated Depreciation 12/31/2018 | $ 761 | |||
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 | 51 | |||
Land | 62 | |||
Buildings and Improvements | 383 | |||
Total | 445 | |||
Accumulated Depreciation 12/31/2018 | $ 197 | |||
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 | 1,462 | |||
Land | 560 | |||
Buildings and Improvements | 4,150 | |||
Total | 4,710 | |||
Accumulated Depreciation 12/31/2018 | $ 1,892 | |||
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 | 1,322 | |||
Land | 265 | |||
Buildings and Improvements | 1,318 | |||
Total | 1,583 | |||
Accumulated Depreciation 12/31/2018 | $ 662 | |||
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 | 3,570 | |||
Land | 561 | |||
Buildings and Improvements | 3,567 | |||
Total | 4,128 | |||
Accumulated Depreciation 12/31/2018 | $ 1,161 | |||
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 | (814) | |||
Land | 2,635 | |||
Buildings and Improvements | 7,816 | |||
Total | 10,451 | |||
Accumulated Depreciation 12/31/2018 | $ 3,924 | |||
1815-1957 South 4650 West [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Salt Lake City, UT | |||
Encumbrances | $ 6,045 | |||
Land | 1,707 | |||
Buildings and Improvements | 10,873 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 62 | |||
Land | 1,713 | |||
Buildings and Improvements | 10,929 | |||
Total | 12,642 | |||
Accumulated Depreciation 12/31/2018 | $ 3,980 | |||
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 12/31/2018 | $ 2,822 | |||
581 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 | 11,109 | |||
Land | 2,401 | |||
Buildings and Improvements | 11,028 | |||
Total | 13,429 | |||
Accumulated Depreciation 12/31/2018 | $ 3,158 | |||
7501 NW 106th Terrace [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Kansas City, MO | |||
Land | $ 4,152 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 13,697 | |||
Land | 4,228 | |||
Buildings and Improvements | 13,621 | |||
Total | 17,849 | |||
Accumulated Depreciation 12/31/2018 | $ 3,481 | |||
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 12/31/2018 | $ 6,453 | |||
First Park Fairburn [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Fairburn, GA | |||
Land | $ 3,650 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 5,284 | |||
Land | 3,650 | |||
Buildings and Improvements | 5,284 | |||
Total | 8,934 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
First Perry Logistics Center [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Perris, CA | |||
Land | $ 1,780 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,550 | |||
Land | 1,788 | |||
Buildings and Improvements | 4,542 | |||
Total | 6,330 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
First Mountain Creek Distribution Center [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Dallas, TX | |||
Land | $ 4,675 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 7,468 | |||
Land | 4,779 | |||
Buildings and Improvements | 7,364 | |||
Total | 12,143 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
First Park 121 Building I [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lewisville, TX | |||
Land | $ 3,963 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 3,421 | |||
Land | 3,963 | |||
Buildings and Improvements | 3,421 | |||
Total | 7,384 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
First Park 121 Building II [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Lewisville, TX | |||
Land | $ 2,243 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 1,938 | |||
Land | 2,243 | |||
Buildings and Improvements | 1,938 | |||
Total | 4,181 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
First Aurora Commerce Center Bldg D [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Aurora, CO | |||
Land | $ 4,881 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 8,021 | |||
Land | 4,886 | |||
Buildings and Improvements | 8,016 | |||
Total | 12,902 | |||
Accumulated Depreciation 12/31/2018 | $ 0 | |||
First Glacier Logistics Center [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Location (City/State) | Sumner, WA | |||
Land | $ 2,643 | |||
Buildings and Improvements | 0 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 4,023 | |||
Land | 2,643 | |||
Buildings and Improvements | 4,023 | |||
Total | 6,666 | |||
Accumulated Depreciation 12/31/2018 | 0 | |||
Developments / Land Parcels [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 2,473 | |||
Land | 167,785 | |||
Buildings and Improvements | 3,225 | |||
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision | 33,539 | |||
Land | 163,868 | |||
Buildings and Improvements | 40,681 | |||
Total | 204,549 | |||
Accumulated Depreciation 12/31/2018 | $ 4,341 |
X | ||||||||||
- Definition SEC Schedule III, Real Estate and Accumulated Depreciation, Location City and State No definition available.
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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/disclosureRef
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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 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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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- Definition Amount, before accumulated depreciation, of real estate investment by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Excludes real estate not held as investment or interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Schedule III: Real Estate and Accumulated Depreciation (Parenthetical) (Details) $ in Thousands |
12 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Dec. 31, 2018
USD ($)
Property
|
Dec. 31, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
||||||
Real Estate and Accumulated Depreciation [Line Items] | ||||||||
Number of industrial properties | Property | 458 | |||||||
Tenant improvements, useful life | Lease Term | |||||||
Balance, Beginning of Year | $ 3,495,745 | $ 3,388,611 | $ 3,297,649 | |||||
Acquisition of Real Estate Assets | 162,769 | 168,517 | 108,538 | |||||
Construction Costs and Improvements | 190,383 | 137,361 | 167,342 | |||||
Disposition of Real Estate Assets | (148,408) | (170,928) | (153,364) | |||||
Impairment of Real Estate | (2,756) | 0 | 0 | |||||
Write-off of Fully Depreciated and Other Assets | (24,089) | (27,816) | (31,554) | |||||
Balance, End of Year Including Real Estate Held for Sale | 3,673,644 | 3,495,745 | 3,388,611 | |||||
Real Estate Held for Sale | 0 | [1] | 0 | (3,697) | ||||
Balance, End of Year Excluding Real Estate Held for Sale | 3,673,644 | 3,495,745 | 3,384,914 | |||||
Balance, Beginning of Year | 789,919 | 797,919 | 792,501 | |||||
Depreciation for Year | 94,626 | 94,078 | 95,514 | |||||
Disposition of Assets | (49,144) | (78,844) | (62,634) | |||||
Write-off of Fully Depreciated and Other Assets | (23,617) | (23,234) | (27,462) | |||||
Balance, End of Year Including Real Estate Held for Sale | 811,784 | 789,919 | 797,919 | |||||
Real Estate Held for Sale | 0 | [2] | 0 | (1,427) | ||||
Balance, End of Year Excluding Real Estate Held for Sale | $ 811,784 | $ 789,919 | $ 796,492 | |||||
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 | |||||||
|
X | ||||||||||
- Definition Real Estate Excluding Held-for-Sale No definition available.
|
X | ||||||||||
- Definition Schedule III - Accumulated Depreciation of Assets Held for Sale No definition available.
|
X | ||||||||||
- Definition Schedule III Investment in Real Estate Held for Sale No definition available.
|
X | ||||||||||
- Definition Tenant Improvements Useful 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 The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition The number of real estate properties owned as of the balance sheet date. 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 | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- 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://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- 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/disclosureRef
|
X | ||||||||||
- 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/disclosureRef
|
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Schedule III: Real Estate and Accumulated Depreciation - Additional Information (Details) $ in Billions |
Dec. 31, 2018
USD ($)
|
---|---|
Real Estate and Accumulated Depreciation [Abstract] | |
Aggregate cost of land and buildings and equipment for federal income tax purpose | $ 3.5 |
X | ||||||||||
- Definition Real Estate and Accumulated Depreciation [Abstract] No definition available.
|
X | ||||||||||
- 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/disclosureRef
|