Total Consideration | |||
Fair value of common shares issued | $ | 1,380,362 | |
Cash consideration | 152,356 | ||
Fair value of W. P. Carey & Co. LLC equity interest in CPA®:15 prior to the CPA®:15 Merger | 107,147 | ||
Fair value of W. P. Carey & Co. LLC equity interest in jointly-owned investments with CPA®:15 prior to the CPA®:15 Merger | 54,822 | ||
1,694,687 | |||
Assets Acquired at Fair Value | |||
Net investments in real estate | 1,762,872 | ||
Net investments in direct financing leases | 315,789 | ||
Equity investments in real estate | 166,247 | ||
Goodwill | 268,683 | ||
Intangible assets | 695,310 | ||
Other assets | 81,750 | ||
Liabilities Assumed at Fair Value | |||
Non-recourse debt | (1,350,755 | ) | |
Below-market rent and other intangible liabilities | (102,155 | ) | |
Accounts payable, accrued expenses and other liabilities | (84,640 | ) | |
Amounts attributable to noncontrolling interests | (237,359 | ) | |
Net assets acquired excluding cash | 1,515,742 | ||
Cash acquired on acquisition of subsidiaries | $ | 178,945 |
Cash Consideration | $ | 13,748 | |
Assets Acquired at Fair Value: | |||
Net investments in real estate | $ | 33,625 | |
In-place lease intangible assets, net | 872 | ||
Above-market rent intangible assets, net | 722 | ||
Other assets | 1,170 | ||
Liabilities Assumed at Fair Value: | |||
Non-recourse debt | (21,023 | ) | |
Below-market rent and other intangible liabilities | (1,618 | ) | |
Net assets acquired | $ | 13,748 |