<?xml version="1.0" ?><!--XBRL Document Created with Wdesk from Workiva--><!--Copyright 2021 Workiva--><!--r:9f007341-3030-4fed-98f9-cd5f59dcec96,g:357f5dbc-7012-4114-a8c2-f3932c437ca8,d:14b6c28632be4a8892cac6528a8e850f--><html xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:srt="http://fasb.org/srt/2021-01-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:jllipt="http://www.jllipt.com/20210930" xmlns="http://www.w3.org/1999/xhtml" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:us-gaap="http://fasb.org/us-gaap/2021-01-31" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:dei="http://xbrl.sec.gov/dei/2021" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>jllipt-20210930</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80L2ZyYWc6OTdmOWRhNjA3OGEwNDBmMGJiYjJlOTM2Y2RmYzhiZDgvdGFibGU6YWI0MTljZjhlZDcxNDE1NWI0MTY0ZDRkOWVkMDcyODcvdGFibGVyYW5nZTphYjQxOWNmOGVkNzE0MTU1YjQxNjRkNGQ5ZWQwNzI4N182LTEtMS0xLTA_67836d11-11b5-44fa-9746-a10d3128639b">false</ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:DocumentFiscalPeriodFocus" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80L2ZyYWc6OTdmOWRhNjA3OGEwNDBmMGJiYjJlOTM2Y2RmYzhiZDgvdGFibGU6YWI0MTljZjhlZDcxNDE1NWI0MTY0ZDRkOWVkMDcyODcvdGFibGVyYW5nZTphYjQxOWNmOGVkNzE0MTU1YjQxNjRkNGQ5ZWQwNzI4N184LTEtMS0xLTA_af387199-a6a3-4e43-a794-d9968e25be06">Q3</ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:DocumentFiscalYearFocus" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80L2ZyYWc6OTdmOWRhNjA3OGEwNDBmMGJiYjJlOTM2Y2RmYzhiZDgvdGFibGU6YWI0MTljZjhlZDcxNDE1NWI0MTY0ZDRkOWVkMDcyODcvdGFibGVyYW5nZTphYjQxOWNmOGVkNzE0MTU1YjQxNjRkNGQ5ZWQwNzI4N185LTEtMS0xLTA_e0ee7704-7af9-4666-a834-4a618ae28c7f">2021</ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80L2ZyYWc6OTdmOWRhNjA3OGEwNDBmMGJiYjJlOTM2Y2RmYzhiZDgvdGFibGU6YWI0MTljZjhlZDcxNDE1NWI0MTY0ZDRkOWVkMDcyODcvdGFibGVyYW5nZTphYjQxOWNmOGVkNzE0MTU1YjQxNjRkNGQ5ZWQwNzI4N18xMS0xLTEtMS0w_e99f0805-729d-4bb2-9e96-598fd769e57a">0001314152</ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:date-monthname-day-en" name="dei:CurrentFiscalYearEndDate" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80L2ZyYWc6OTdmOWRhNjA3OGEwNDBmMGJiYjJlOTM2Y2RmYzhiZDgvdGFibGU6YWI0MTljZjhlZDcxNDE1NWI0MTY0ZDRkOWVkMDcyODcvdGFibGVyYW5nZTphYjQxOWNmOGVkNzE0MTU1YjQxNjRkNGQ5ZWQwNzI4N18xMi0xLTEtMS0w_d36c89fa-6b33-4df2-be1e-8e69bd7e2c34">December 31</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="jllipt-20210930.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:unit id="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><xbrli:context id="ia559aa40cbb841fd901b1805a659127a_I20211110"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:CommonClassAMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-11-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i48f0557705284ba88afaa4cba1952f25_I20211110"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:CommonClassMMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-11-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i333f558279af4f1d9eba0841bb42b1f1_I20211110"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:CommonClassAIMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-11-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="icd5a7a9d2c234780b21c7c4f9538d0ee_I20211110"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:CommonClassMIMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-11-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id8e89512f9b74b43b6a26fe7ecfba650_I20211110"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:CommonClassDMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-11-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:unit id="usd"><xbrli:measure>iso4217:USD</xbrli:measure></xbrli:unit><xbrli:context id="i306585c3d77c466f9185766a54bfc360_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:ConsolidatedEntitiesAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="iea64db375fea4e9799ed71566e87dc9d_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:ConsolidatedEntitiesAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i089c94a43b4245c083819ff1a0bd8f0d_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if836de4b89984f0482c6691403913229_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:unit id="usdPerShare"><xbrli:divide><xbrli:unitNumerator><xbrli:measure>iso4217:USD</xbrli:measure></xbrli:unitNumerator><xbrli:unitDenominator><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unitDenominator></xbrli:divide></xbrli:unit><xbrli:context id="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id497581101674659bc73b07317eb9a01_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i89df17ad3f664d1b9a05e4946c1215fe_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia63f349ad0634c39ace1b7424b648a33_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassAISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i8a4ce5d66f82457cb28cee5ec6708048_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassAISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i26f8893109964a1ca427261b816a7d72_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i95a130d111bb414d8cb4d805ba1e4ed1_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i7a6c0a3591f249f183ecb728c40d00a5_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i7674594fbc894346b311eb175eee6629_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i2b987216665747fb84e1846028055aa9_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ia5d3372a68014b0baa0f29af8b90c3bc_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i75155b9d9c8c42c8abfa7c2ac623cfff_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i32d43f3b5b844506a2d26ecf7db10396_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i3b82b9e79b234192b96e9acd8562c81c_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i5f0c1c9302e241e4bc83e19ce71f9770_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassAISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i5a8f466631654301a33f3692cc911ae4_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassAISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ia9177499c47b47bf85221dc7d1268bc3_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassAISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="icc03c2bcaf394f98953a664ff0552cfe_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassAISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="icfbde6770bbb4ce1a05f5b8077f62344_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i86d9cb5c193c4e9fb77ec76afdf27e37_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassMISharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="if16929271fc2425499345de383caea82_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i4fee73cd51e54c3588fe1eab8348ded2_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i42ddb82328794808afe03b4c5d27d8c1_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i8f1bac6185bf4673aa552d1ebf21e0c2_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ied1c101f66f94945a3b266d9459678fc_I20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i1bc77e39e11d4b0c8dd7a5ca3c2774c0_I20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id3ad91143ffa42a28e966c8e51231aa9_I20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i04bd0a1ee97b4bdda36fb529c34aa14d_I20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if5721047e0944d4d87587c9012573d4d_I20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ib821daf2182b4661a7cb38f30f5b9993_I20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2020-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i7fc60e6da0a7469897912e2a2e113317_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i09cb26294a344cec99919ae0f2611c2c_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i6c11f6f692374f6ca0acbb34ae8a3fab_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i67b19866e9b344fcb86440d33b1f4c8c_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="if248b10effb64ed79a716de190c07a58_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia619a7e90a57441bad842e1d60ef3d33_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ie935da92b98e438c8bc56e5d22390f43_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if49522e04280420c86726cd29afce23d_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id9c87506e7484604bf446a14e71366f5_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i71046401e2894bf6b6de72946b515e1b_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i619f598dbce64313ae522a956559c477_I20191231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2019-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i970e34b710fd4cbc8cc34ca6b0d210e4_I20191231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2019-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ib18e82231d234f94a04246521b046f0b_I20191231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2019-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2914b4a2fd6a4126a9c6ce3edb942625_I20191231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2019-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ib675201be5f94471844f31dc86206375_I20191231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2019-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i1cd724d757204d5c833aea87f31f072d_I20191231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2019-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i8f333758669842ae9516cfa660b90769_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib65fc114d06745a69fe5d96b5b21859e_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i1656760bdbc5457197b12b087e2ac131_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i13cf514a2a524c2f893bb93c61466b6e_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i62fb4f6d991146a48133b71f7618fac8_I20210630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if12fe948f8c74bb8ac0a9546dc32a21f_I20210630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i24ffa12da812408b99ab35b33153c3db_I20210630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i0608166f7503446b9fcbb84e13a41af9_I20210630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia119d11765a64014b3c2f2dc33ed4c0d_I20210630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i605493011ae34da3ac94ff89529cd610_I20210630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2021-06-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib073e8fa3cbb4b2bbd41c7d3dcc15c4c_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i28434be0f9d341f8bacad03ac120331b_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="iceae2a6f9d4545a8b253bfaf91ba0429_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i7762b1ee7aae4fb899b6e993c0c9e5df_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="id6fd02e0665d43d58318dc463bcdc083_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i7734f1edb7894bb29b89fd0bd452fce1_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i535477095a584becb8ddf09f6e36db72_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id10c603836d546468d9812920ed1e723_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i56c7e8cb14024a728011b8163c725a99_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if80828426da2435982eac6adf0bd4933_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i9c03fad3467e4581bc559f3504d9e72f_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i1b68687413db4761addf37a272102371_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i3c0cbba4054d4ebe81051584a4a0f3b5_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="iad49d66ec4ad46df81893f10dec39aae_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i799067b42cf7449a8c6d5ffae8a3a846_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i282cfa4afb144769a77bb589cf734759_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i3b5d59e5787049cdab301fbe4c259ebf_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i5f222adb39ab4f2c90cb91847f93a94d_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:unit id="number"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:context id="ie7a7c5c53bd6463aa8ae3c1f4e37cdc1_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:RealEstatePropertiesAxis">us-gaap:ConsolidatedPropertiesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:unit id="rate"><xbrli:measure>utr:Rate</xbrli:measure></xbrli:unit><xbrli:context id="ib50c33da264f4b84a27064a0cdafa907_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:PartnerTypeOfPartnersCapitalAccountAxis">us-gaap:OtherOwnershipInterestMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i27591ba6770640968f26eac3f56997cf_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis">jllipt:PublicAndPrivateOfferingsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id8119c2a36ff4ddfb441f916d8a19269_D20180706-20210331"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2018-07-06</xbrli:startDate><xbrli:endDate>2021-03-31</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i0b6dbede01ae4c959bdbc8cd87892a39_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis">jllipt:FOOMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i6d14f500542847e8b8bc5b7c8b1ebdcc_D20210604-20230331"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2021-06-04</xbrli:startDate><xbrli:endDate>2023-03-31</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="id27d26567e1b402bb44ebdeaf5718caf_D20150303-20150303"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">jllipt:ClassDSharesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2015-03-03</xbrli:startDate><xbrli:endDate>2015-03-03</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i00516017a4454a14a098054ffc34ea82_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis">us-gaap:PrivatePlacementMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i7d79ef65f7934263bc56e98e1098c7ba_D20191016-20191016"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2019-10-16</xbrli:startDate><xbrli:endDate>2019-10-16</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i668a95fb931a4d6e8a87f72fd82f35fc_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis">jllipt:DSTProgramMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i60cfeca2095f4a229948fd1e1f44325c_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:OwnershipAxis">jllipt:JLLIPTMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i911a2ce5b77c486ea096c55fa87c0946_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i047f314b92fa45869456eaa43bb0d664_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ia194a319477b43d1a1dfe84fed46585a_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i02f21d35789f4bb8bece3638ac2030a8_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i234878f1173644de87d9648a8c4581ac_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:AdjustmentsForNewAccountingPronouncementsAxis">jllipt:UsGaap_NewAccountingPronouncementMemberDomain</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:unit id="sqft"><xbrli:measure>utr:sqft</xbrli:measure></xbrli:unit><xbrli:context id="i5bec1a1d61dd4a2db0fc9d033812d294_I20210121"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:LouisvilleDistributionCenterMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-01-21</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i720240f684ef46fab926141d6c2f197d_I20210202"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:A170ParkAveMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-02-02</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ic3bc4a2a7c0947adbd37c93b263f4f84_I20210223"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SoutheastPhoenixDistributionCenterMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-02-23</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i610fcb2eaf6d457ea6ea5e226134b1a7_I20210503"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PrincetonNorthAndoverMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-05-03</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i77b4b80f71a74b3a9560d856c903b0dd_I20210624"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:LouisvilleAirportDistributionCenterMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-06-24</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i4d8a1d293cca4acfb787479a77321d1d_I20210702"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:BixbyIndustrialPortfolioMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-07-02</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i55b32baaf3384f7ea9700d6f14d4336a_I20210709"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:BixbyIndustrialPortfolioMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-07-09</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i905e21e9601f4b74bcd244195e068861_I20210823"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PreserveAtTheMeadowsMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-08-23</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i72a7bcb41b234634810c9e313d0336c5_I20210831"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TheRockwellMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-08-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2642386aa02f45eb8763195123db525f_I20210915"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:A9101StonyPointDriveMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-15</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ie65a293174d54d2cb679a30d8bf1e9c2_I20210928"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">srt:IndustrialPropertyMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PatriotParkMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-28</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i55ee892651e64edab4361b6ca6619c8d_I20210928"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PatriotParkMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-28</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i16cf59f90b5c45cd83927c22aa977939_I20210929"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MiramontApartmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-29</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i16df4539dda542cc85856dc11af174af_I20210929"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PineconeApartmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-29</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i5473ae39b4004707b3d63115ac07dbf7_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis">us-gaap:PropertyPlantAndEquipmentOtherTypesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i9385b09725b1425c97a8d4742ed8e826_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RangeAxis">srt:MinimumMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i943bd151ce3d4800ab43219b3dadf1b8_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RangeAxis">srt:MaximumMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i710757eddd224d599b63a316008b49f7_I20210108"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SouthSeattleDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-01-08</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i393d3e747c3f46e78b6a3ab6a8402e7d_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SouthSeattleDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i64763e2ad06a40619d7f9e062bf1c7b2_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:ChicagoParkingGarageMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if3d7d998bc154c349e1b724cba998317_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:ChicagoParkingGarageMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="iaf3091ca55834dea802bfc79bf073398_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PioneerTowerMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="icec4a99a27fd43cca38e2018fdb2e4f8_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PioneerTowerMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="iedb0507bddcd4aa48e4c26f652665dda_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TheTremontMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2203de1a8e384c3d86d3a58c39f8a8b6_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TheTremontMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ied47f447936645f9af22aa7ebf940a6c_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TheHuntingtonMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i9c4f8a1a19264046b39387d9eb730280_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TheHuntingtonMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i813eb7ae969d4804a914757422d5b932_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SienaSuwaneeTownCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i0a8e6de926fd4c5c800f1855e8bd35b1_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SienaSuwaneeTownCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia0387c135a3f4705bcfdb9ca96aa677c_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:UnconsolidatedRealEstateAffiliatesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i1d51cb863c6a435fad7e756f45ef46ee_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:UnconsolidatedRealEstateAffiliatesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i969a324e09df43e69e342894897807c0_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:UnconsolidatedRealEstateAffiliatesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i002ac9996bc04ece989a1739487278bf_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:UnconsolidatedRealEstateAffiliatesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i3a97ca9d7b9b420fa965e25970e6da0c_I20151208"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:OwnershipAxis">jllipt:MadisonNYCCoreRetailPartnersL.P.Member</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2015-12-08</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i31b5227023a34296913a331a29f39662_I20151208"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:OwnershipAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2015-12-08</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2e9b8cc525954b61beea6c0b11b415f9_I20151208"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2015-12-08</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ib1f77a94cbbf406597b9e74a17c84887_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i0d29f488b4f0452399e5b7829f307310_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i22142d03350a4983bd16d56e4bcfb978_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i47c932d2098746a891f243520e86cff3_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NYCRetailPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ieaa0736f2d374b478baecad30e69d255_I20210805"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:OwnershipAxis">jllipt:GVIRHJVInvestorLLCMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-08-05</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i23c53268bb4f4a2088a940e2b6812efe_I20210805"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SFRPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-08-05</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="id0a1b562502546e086a8a29aaf086faf_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SFRPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ifbbfa868bdde4c07b57b03d04888a3b9_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SFRPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="iceefc10f4fec4312a0c49a3999ea8606_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MadisonNYCCoreRetailPartnersL.P.Member</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ic693752c1da94616ae877445d293be55_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MadisonNYCCoreRetailPartnersL.P.Member</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i4da52a1da48742208e8c2be9cc252e5e_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MadisonNYCCoreRetailPartnersL.P.Member</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i81ea995e24ee452b937cb184c5c9861f_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MadisonNYCCoreRetailPartnersL.P.Member</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib2b4a380cdb24ca993963fbdf2968881_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">srt:MinimumMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i24c452fd63de48f2aa61c8bb9975ac14_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">srt:MaximumMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="icd742c7d65224ef69a5bcbdde9e90805_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:NotesPayableToBanksMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i7aad0ee8c0fc4d8b8222e7cf62582c6c_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:NotesPayableToBanksMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2aff2c5039074e30bfe2b7999077e27b_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">us-gaap:RevolvingCreditFacilityMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if561e5139adf406284cc2d593e3c950d_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">us-gaap:RevolvingCreditFacilityMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i75ebe37526f84e919cf78e26650915d8_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">jllipt:TermLoanMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i9c8d58224ad14621992e3472faaf46cd_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">jllipt:TermLoanMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i32603cb5ff8f488fb4491b19ef8cf979_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">jllipt:SouthSeattleDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i98715f70a0a64debb731f9eaa5ef63b8_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">jllipt:SouthSeattleDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2a6e5120a78a4fddaf578dd1b1143abd_I20210210"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:WhitestownDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-02-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i98d49fb94e8640e9a4f7301e9c5218c0_I20210311"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TownlakeOfCoppelMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-03-11</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i3c23fadb28494eb1aa8654f070d5a6be_I20210426"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:LouisvilleDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-04-26</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ie0b508c5183249c8a1db488552d0a3b2_I20210518"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SoutheastPhoenixDistributionCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-05-18</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="if836f30114744c9e9e6d9615d280a08d_I20210518"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PrincetonNorthAndoverMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-05-18</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia7ba15890bd24ad4874dc872181a8dfa_I20210910"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:BixbyIndustrialPortfolioMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i33df9229db80440ca53b03ef03b8a8ff_I20210910"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SanMarcosMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="icf62c78b82c743f6a58b87d69cc8c99d_I20210910"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:FremontMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-10</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ifb6aa3d44b5641308e314012875d16af_I20210923"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PreserveAtTheMeadowsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-23</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i6e4f2c29d76a4459b53ce66294e066f1_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:TheRockwellMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ife2b21d8b9bb4b4980f16d5c8429eb9a_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:A140ParkAveMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib092acdf24e149efa0f704dfed79e98d_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MonumentIVMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib51b78aedece4ad6b7b5136ac615266b_I20210929"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MiramontApartmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-29</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i417ee38064034519989735df3fd9ce6f_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:MiramontApartmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i6f62b5a1839b46ada35df19f8abdea99_I20210929"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PineconeApartmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-29</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i9560ba84ae2547cfba1cd371cf7b79e9_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:PineconeApartmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="iec6df348a3614a8a97b9acc7cb97828a_I20170526"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2017-05-26</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ie982d442a60a4905ba872d6c3d67096f_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">jllipt:IPTLongTermLineofCreditMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">us-gaap:RevolvingCreditFacilityMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i83c3a8c6aa2846269feac7ab0040509f_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">jllipt:TermLoanMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:SwapMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i7b8c874e70534c248922fb6063bfdf7f_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">jllipt:IPTLongTermLineofCreditMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RangeAxis">srt:MaximumMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i4b7991cc79954f90957869379a7f3b3f_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:SwapMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">us-gaap:RevolvingCreditFacilityMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ia7ed7f082d1e4995b85731d5cace1b10_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RangeAxis">srt:MaximumMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">us-gaap:RevolvingCreditFacilityMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i807ea0283a0c4b048782ccf174bcd6f0_D20200101-20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-12-31</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i4adba298055f475680ac17c623377d66_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:DSTProgramMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ic06eb9fe6a044e97a30ac98ce69f7947_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:FixedFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i34958f393ef444368afca08ce712799b_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:PerformanceFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i1c16218363b94dacb1c6eeef33d853a8_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:HurdleRateMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i820a4446bc7e444dbd03bbf30050c067_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:FixedFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i4038b673fd2f473a8e0e6d69e25bc4f2_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:FixedFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i8ad0cc6d5d5a4ea5b70591f14ab213e9_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:FixedFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i58d19f86a4d945c2b7ac9861567f44d8_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:PerformanceFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="iac0945bbd9eb4fa2b1571305703c69d5_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:PerformanceFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i387cc5bf85bf49758325f66616be4cd4_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:FixedFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i771c0e4e30ea40f6a968fc320e6e5933_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="jllipt:ManagementAndAdvisoryFeeAxis">jllipt:FixedFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i948ab7b4bcfa4788ade995b5aa330192_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:SellingCommissionDealerManagerFeeDistributionFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ia882481fa4684b4fabef47744bb344fa_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:SellingCommissionDealerManagerFeeDistributionFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ie174b56d11f844479ee5bf2f10311db5_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:SellingCommissionDealerManagerFeeDistributionFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i0b2bd9c01e5a4779b579ac66eb46e8be_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:SellingCommissionDealerManagerFeeDistributionFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i075c35108e8248a38564bb6b03e55f2f_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:SellingCommissionDealerManagerFeeDistributionFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i15ce0261d65744a79059e4860e74237a_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:SellingCommissionDealerManagerFeeDistributionFeeMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i33478ed7b7e149c8bf5e3ea8f09893f4_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:DSTProgramFeesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i7725c2094e5c4129bdc40d6ec4b69d35_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:DSTProgramFeesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i476841c1d11c4ce1ba88d11c1ddc6c32_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:DSTProgramFeesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ie2da2ecdd734405d9be6a52b0e2321a4_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">jllipt:DSTProgramFeesMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ibf66b1f9937e43f395e8cc39f2040ec1_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SouthBeachParkingGarageMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="iea06546a84ba46fa86626c10d02939c5_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i33d3a694e0234c6fa3d7a1e20f1eb432_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia3529bcc4c024338a378952a325db644_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i86f30f26120e4be1bf4739c409272d55_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:RetailSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i68efa77726f646fb93e53df472f06c4e_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:AllOtherSegmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i6e59ded4b8c64df980ab8ec425b9bf47_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ie00f7ccfd2ed45e8a55993d0d726713f_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i90f03805aba04fca90af1eb87924d22b_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i26ae2ab5062b452fb48295912e812e77_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i08be262a26e0400aa3aed342434996cc_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:RetailSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i2b48a4c613084f849721a907b6879f36_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:AllOtherSegmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i0f08dffa247a4ca0a025c95411ddf7ef_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i76277e9f74e64686b6e48f598730092d_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:RetailSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:AllOtherSegmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i27784f5f8e1842618578a177c071f2a4_I20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i3130170886ca4e5c87051798cf8eefce_I20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-09-30</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i33b6688c6d504fabab3c95053fcb0d48_I20201231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2020-12-31</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i0eb2061e7b684cebb176328ece175060_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:RetailSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:AllOtherSegmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-07-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ieef7c65439484fe994672afd67492e46_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="iec55c844561c4708a1d2358469e148b8_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i9677a018e3ca41aca5096483b8478480_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:RetailSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:AllOtherSegmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-01</xbrli:startDate><xbrli:endDate>2021-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:IndustrialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i159046d858ab4459a05e106377c013f3_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:OfficeSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:ResidentialSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">jllipt:RetailSegmentMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:AllOtherSegmentsMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateAndOtherMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-09-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i396c7d2e8807478cbf2399fce53ff015_I20211007"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:NorthTampaSurgeryCenterMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-10-07</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i0c2a2bf1756c44f3a685ff2f07affa93_I20211020"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:FriendshipDistributionCenterMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-10-20</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i83d78343e5d14f99b985f6aab2230252_I20211028"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="srt:RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis">jllipt:SouthSanDiegoMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2021-10-28</xbrli:instant></xbrli:period></xbrli:context><xbrli:context id="i166f3a3ab35b4c9da72193eeb48ee128_D20211001-20211231"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001314152</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2021-10-01</xbrli:startDate><xbrli:endDate>2021-12-31</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i14b6c28632be4a8892cac6528a8e850f_1"></div><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:100%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:100%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Washington, D.C. 20549</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6pt;font-weight:700;line-height:100%">_________________________________</span></div><div style="margin-top:5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:100%">FORM <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTI1_22450e67-380f-4b4b-b2d4-d0aad791019f">10-Q</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6pt;font-weight:700;line-height:100%">_________________________________</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:4.756%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:93.044%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Wingdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:fixed-true" name="dei:DocumentQuarterlyReport" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6Zjk4YmM0ODVlOTk0NGZmNWFjZmYwNjYyMzNiODYxMGUvdGFibGVyYW5nZTpmOThiYzQ4NWU5OTQ0ZmY1YWNmZjA2NjIzM2I4NjEwZV8wLTAtMS0xLTA_e1cae5d7-835a-40cf-9d3f-71a5392cc4de">&#9746;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</span></td></tr></table></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">For the quarterly period ended <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:date-monthname-day-year-en" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8xODk_c87289b3-ba4d-4d47-b4ce-420c463a21f9">September&#160;30, 2021</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">OR</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:4.756%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:93.044%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:fixed-false" name="dei:DocumentTransitionReport" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6MGZkYjcwYTYzN2E0NGMwNWIzYzJmNWVhMzQ2YTQ3MTUvdGFibGVyYW5nZTowZmRiNzBhNjM3YTQ0YzA1YjNjMmY1ZWEzNDZhNDcxNV8wLTAtMS0xLTA_b02aa4fb-ba60-4b09-ab18-24d855ca4688">&#9744;</ix:nonNumeric><br/></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</span></td></tr></table></div><div style="margin-bottom:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">For the transition period from&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; </span></div><div style="margin-bottom:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commission file number: <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTIw_76107a63-c326-46f1-bbb2-a31cbf21b533">000-51948</ix:nonNumeric></span></div><div style="margin-bottom:5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6pt;font-weight:700;line-height:100%">_________________________________</span></div><div style="text-align:center"><img src="jllipt-20210930_g1.jpg" alt="jllipt-20210930_g1.jpg" style="height:46px;margin-bottom:5pt;vertical-align:text-bottom;width:176px"/></div><div style="margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:24pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTE4_fdd3be33-82a2-4db9-9b00-c044f9654f0a">Jones Lang LaSalle Income Property Trust, Inc.</ix:nonNumeric></span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Exact name of registrant as specified in its charter)</span></div><div style="margin-bottom:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6pt;font-weight:700;line-height:100%">_________________________________</span></div><div style="margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:48.533%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.581%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:46.486%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6OGIwMzVmNGJmZDExNGU1N2E4MTcwY2JjMGU1MjljYzQvdGFibGVyYW5nZTo4YjAzNWY0YmZkMTE0ZTU3YTgxNzBjYmMwZTUyOWNjNF8wLTAtMS0xLTA_307a5338-0ebd-455e-8411-7034eaf2dda5">Maryland</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6OGIwMzVmNGJmZDExNGU1N2E4MTcwY2JjMGU1MjljYzQvdGFibGVyYW5nZTo4YjAzNWY0YmZkMTE0ZTU3YTgxNzBjYmMwZTUyOWNjNF8wLTItMS0xLTA_ecc694a5-96fc-4530-a2fd-780dff0c206f">20-1432284</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(State or other jurisdiction of incorporation or organization)</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(I.R.S. Employer Identification Number)</span></td></tr></table></div><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTI2_d6e4fb3d-dbee-4331-956f-6971da38bca6">333 West Wacker Drive</ix:nonNumeric>, <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTIx_73c8bb7b-61b7-499d-9ee4-5c69987f634c">Chicago</ix:nonNumeric> <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTE0_783a7806-6a72-423f-a1c6-a021d03aea9e">IL</ix:nonNumeric>, <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTIy_ea50b099-d265-4e32-bb31-1ecdb72c1a46">60606</ix:nonNumeric></span></div><div style="margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(Address of principal executive offices, including Zip Code)</span></div><div style="margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTI4_b8b6c3a9-b150-47df-a6fb-fa9b921051d9">312</ix:nonNumeric>) <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTE1_c4ca5010-a17e-4a21-8b3c-b4a9ec756cc9">897-4000</ix:nonNumeric></span></div><div style="margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(Registrant&#8217;s telephone number, including area code)</span></div><div style="margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">N/A</span></div><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(Former name or former address, if changed since last report)</span></div><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6pt;font-weight:700;line-height:100%">_________________________________</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Securities registered pursuant to Section 12(b) of the Act: None</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Indicate by check mark whether the registrant (1)&#160;has filed all reports required to be filed by Section&#160;13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)&#160;has been subject to such filing requirements for the past 90 days.&#160;&#160;&#160;&#160;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityCurrentReportingStatus" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTI0_eca227aa-886f-4113-9123-db4fb791153d">Yes</ix:nonNumeric>&#160;&#160;</span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9745;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;NO&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;</span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (&#167;232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).&#160;&#160;&#160;&#160;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="dei:EntityInteractiveDataCurrent" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTE2_aa81aa19-2bfa-4b4a-bc49-53d27688d1c5">Yes</ix:nonNumeric>&#160;&#160;</span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9745;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;NO&#160;&#160;</span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></div><div style="margin-top:3pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.  See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.491%"><tr><td style="width:1.0%"></td><td style="width:27.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.778%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:26.172%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.814%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Large&#160;accelerated&#160;filer</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accelerated&#160;filer</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt-sec:entityfilercategoryen" name="dei:EntityFilerCategory" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6NDYzN2IzZDU3YTI1NGQ3ZDg5MThlYjY4MjVkN2UwMDYvdGFibGVyYW5nZTo0NjM3YjNkNTdhMjU0ZDdkODkxOGViNjgyNWQ3ZTAwNl8xLTAtMS0xLTA_6c4b1fcb-1883-471d-8642-d951ca59a8f9">Non-accelerated filer</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9745;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Smaller&#160;reporting&#160;company</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:fixed-false" name="dei:EntitySmallBusiness" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6NDYzN2IzZDU3YTI1NGQ3ZDg5MThlYjY4MjVkN2UwMDYvdGFibGVyYW5nZTo0NjM3YjNkNTdhMjU0ZDdkODkxOGViNjgyNWQ3ZTAwNl8xLTYtMS0xLTA_60885061-9988-457e-981c-da95f19daa32">&#9744;</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Emerging growth company</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:fixed-false" name="dei:EntityEmergingGrowthCompany" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGFibGU6NDYzN2IzZDU3YTI1NGQ3ZDg5MThlYjY4MjVkN2UwMDYvdGFibGVyYW5nZTo0NjM3YjNkNTdhMjU0ZDdkODkxOGViNjgyNWQ3ZTAwNl8yLTYtMS0xLTA_dbbc691c-a1ab-4d11-8839-cde1dc10afd9">&#9744;</ix:nonNumeric></span></td></tr></table></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).      YES  </span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">   NO  </span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:fixed-false" name="dei:EntityShellCompany" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNTE3_ff194a2f-4cae-47b7-83bc-38fc08586b18">&#9745;</ix:nonNumeric></span></div><div style="margin-top:3pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The number of shares of the registrant&#8217;s Common Stock, $.01 par value, outstanding on November&#160;10, 2021 were <ix:nonFraction unitRef="shares" contextRef="ia559aa40cbb841fd901b1805a659127a_I20211110" decimals="0" format="ixt:num-dot-decimal" name="dei:EntityCommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yMzM0_498cfbd8-4c44-4455-961a-59f70dc6255a">97,924,180</ix:nonFraction> shares of Class A Common Stock, <ix:nonFraction unitRef="shares" contextRef="i48f0557705284ba88afaa4cba1952f25_I20211110" decimals="0" format="ixt:num-dot-decimal" name="dei:EntityCommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yMzY5_1177beb2-ff79-4b0b-8c6d-3e0032fc5e88">35,846,503</ix:nonFraction> shares of Class M Common Stock, <ix:nonFraction unitRef="shares" contextRef="i333f558279af4f1d9eba0841bb42b1f1_I20211110" decimals="0" format="ixt:num-dot-decimal" name="dei:EntityCommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNDA0_f359e99b-0756-4c3a-992a-0359edb5afa4">9,307,567</ix:nonFraction> shares of Class A-I Common Stock, <ix:nonFraction unitRef="shares" contextRef="icd5a7a9d2c234780b21c7c4f9538d0ee_I20211110" decimals="0" format="ixt:num-dot-decimal" name="dei:EntityCommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNDQx_2e2d6946-a9b7-4c13-8d46-dccaf2aa56b3">49,183,334</ix:nonFraction> shares of Class M-I Common Stock and <ix:nonFraction unitRef="shares" contextRef="id8e89512f9b74b43b6a26fe7ecfba650_I20211110" decimals="0" format="ixt:num-dot-decimal" name="dei:EntityCommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xL2ZyYWc6YTQzOTcwMGI2MmM3NDlmZWE3MTBkYzg3NTg3NWY3ZTkvdGV4dHJlZ2lvbjphNDM5NzAwYjYyYzc0OWZlYTcxMGRjODc1ODc1ZjdlOV8yNDgx_621b893a-deef-4862-9763-c4ade6b87776">7,513,281</ix:nonFraction> shares of Class D Common Stock.</span></div><div style="height:31.5pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_7"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">INDEX </span></div><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:5pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:84.864%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.936%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">PAGE<br/>NUMBER</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_13">Part I - FINANCIAL INFORMATION</a></span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_10">Item 1. Financial Statements</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_10">3</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:42.75pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_13">Consolidated Balance Sheets as of </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_13">Septem</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_13">ber</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_13"> 30, 2021 (unaudited) and December&#160;31, 2020</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_13">3</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:42.75pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_16">Consolidated Statements of Operations for the three and </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_16">nine</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_16"> months ended </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_16">September</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_16"> 30, 2021 and 2020 (unaudited)</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_16">4</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:42.75pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_19">Consolidated Statements of Equity for the three and </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_19">nine</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_19"> months ended </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_19">September</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_19"> 30, 2021 and 2020 (unaudited)</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_19">5</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:42.75pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_22">Consolidated Statements of Cash Flows for the </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_22">nine</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_22"> months ended </a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_22">September</a><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_22"> 30, 2021 and 2020 (unaudited)</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_22">6</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:42.75pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_25">Notes to Consolidated Financial Statements (unaudited)</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_25">7</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_76">Item&#160;2. Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_76">28</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_121">Item&#160;3. Quantitative and Qualitative Disclosures About Market Risk</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_121">55</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_127">Item&#160;4. Controls and Procedures</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_127">56</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_130">Part II - OTHER INFORMATION</a></span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_133">Item&#160;1. Legal Proceedings</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_133">56</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_136">Item&#160;1A. Risk Factors</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_136">56</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_139">Item&#160;2. Unregistered Sales of Equity Securities and Use of Proceeds</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_139">56</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_142">Item&#160;3. Defaults Upon Senior Securities</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_142">57</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_145">Item&#160;4. Mine Safety Disclosures</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_145">57</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_148">Item&#160;5. Other Information</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_148">57</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_151">Item&#160;6. Exhibits</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_151">58</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_154">SIGNATURES</a></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_154">59</a></span></div></td></tr></table></div><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_10"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 1. Financial Statements.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_13"></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CONSOLIDATED BALANCE SHEETS</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$ in thousands, except per share amounts</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:69.514%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.666%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.790%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">ASSETS</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(Unaudited)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investments in real estate:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Land (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Land" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNC0wLTEtMS0wL3RleHRyZWdpb246NzEzYTI0ZmE2ZTNlNGU2Njg3Njc1NmYxNzM4MTZmZjBfMzQ_d1cd2d7c-f212-4240-8664-39fdbc8d5025">49,059</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Land" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNC0wLTEtMS0wL3RleHRyZWdpb246NzEzYTI0ZmE2ZTNlNGU2Njg3Njc1NmYxNzM4MTZmZjBfNDE_bd6b8329-32b5-4a75-97cf-d72e55af5801">22,605</ix:nonFraction>, respectively)</span></div></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Land" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNC0xLTEtMS0w_a03c5735-ed4d-48fe-a69d-a4ee266bd540">540,691</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Land" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNC0zLTEtMS0w_8b786756-44d8-403b-b636-ddef31d98dc8">428,313</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Buildings and equipment (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InvestmentBuildingAndBuildingImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNS0wLTEtMS0wL3RleHRyZWdpb246NGU1N2U5ZjBmNjhhNDA1YTkwYzBkMDk1MDJhZjgzNzZfNTM_fc85fb40-c38f-4d04-ab14-9e8f4e2adeac">177,431</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InvestmentBuildingAndBuildingImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNS0wLTEtMS0wL3RleHRyZWdpb246NGU1N2U5ZjBmNjhhNDA1YTkwYzBkMDk1MDJhZjgzNzZfNjE_73d3d74f-fe57-4600-ac20-4220b54740fe">142,946</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InvestmentBuildingAndBuildingImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNS0xLTEtMS0w_823bf977-c3d0-45cd-8ea1-999106c052da">2,507,486</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InvestmentBuildingAndBuildingImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNS0zLTEtMS0w_b2e09547-95f4-477b-a280-4d7719b72392">1,892,023</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less accumulated depreciation (including from VIEs of $(<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNi0wLTEtMS0wL3RleHRyZWdpb246MWM0YjJlNjM3MjI4NGRiYzlkZmEyMzNhNTg3ZDVhY2NfNTk_b811fbdb-a93c-45b9-9c36-3a74ce587d1d">25,835</ix:nonFraction>) and $(<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNi0wLTEtMS0wL3RleHRyZWdpb246MWM0YjJlNjM3MjI4NGRiYzlkZmEyMzNhNTg3ZDVhY2NfNjc_59ef52cb-5f99-4387-84eb-101d2a2ca921">23,083</ix:nonFraction>), respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNi0xLTEtMS0w_3a74c542-7399-423a-acd3-d27fe3550810">258,011</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNi0zLTEtMS0w_c72fa5bd-d006-485b-a2d1-d5ccaea2e72b">219,833</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net property and equipment</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:LandBuildingsAndEquipmentNetOfAccumulatedDepreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNy0xLTEtMS0w_c2ae01ff-3d47-4e12-9013-191f23c0e734">2,790,166</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:LandBuildingsAndEquipmentNetOfAccumulatedDepreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNy0zLTEtMS0w_59b85d2a-3f4e-4250-af3e-3c17d945e8f8">2,100,503</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investment in unconsolidated real estate affiliates</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfOC0xLTEtMS0w_ed6bbe73-6fd4-4ffc-bb81-50a71409c39b">179,631</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfOC0zLTEtMS0w_9810a2c3-acaf-4e04-9a64-a9ceafddfeea">187,890</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Real estate fund investments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfOS0xLTEtMS0w_f798c76f-2146-48fe-934e-3ca4e27120bf">283,176</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfOS0zLTEtMS0w_ef445dfa-dff2-4f62-b001-1f1ce439b929">79,192</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investments in real estate and other assets held for sale</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTAtMS0xLTEtMA_e1e4801a-8ec7-41a1-b297-468e0b823ce7">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTAtMy0xLTEtMA_7d0462b9-54db-4f89-93f4-19ccc6db842b">34,148</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net investments in real estate</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentPropertyNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTEtMS0xLTEtMA_75af4bc1-f354-4eef-b9b8-f2aeeab57362">3,252,973</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentPropertyNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTEtMy0xLTEtMA_285bbb9a-9029-4c69-861d-806953e0e10e">2,401,733</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investment in marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTItMS0xLTEtMjI_9f1a6a04-ffd5-4f50-8c81-9d73a0817041">28,177</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:fixed-zero" name="us-gaap:MarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTItMy0xLTEtMzA_fdcee12b-55be-4c73-a36c-c889359603eb">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashAndCashEquivalentsAtCarryingValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTItMC0xLTEtMC90ZXh0cmVnaW9uOjYzMTdiMjJlZmJlZTRhYTBiOTgzNTM1NTdmMDM1NTUxXzU1_01423ccf-14a3-42e0-8edd-0295471d711d">6,668</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashAndCashEquivalentsAtCarryingValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTItMC0xLTEtMC90ZXh0cmVnaW9uOjYzMTdiMjJlZmJlZTRhYTBiOTgzNTM1NTdmMDM1NTUxXzYz_28e9b76a-49db-4599-afa0-17c2a4f3582a">3,159</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashAndCashEquivalentsAtCarryingValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTItMS0xLTEtMA_a5afca93-58d4-4ea2-8ad1-ff8bd7bd11b4">188,380</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashAndCashEquivalentsAtCarryingValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTItMy0xLTEtMA_7d5bcf31-b23c-41dc-9a63-2acb08bed124">84,805</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restricted cash (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" name="us-gaap:RestrictedCashAndCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTMtMC0xLTEtMC90ZXh0cmVnaW9uOjljYmFjZjViZTQ4YjQyMWVhYWUyZjZhMzk2OTA0NGE0XzQ1_c7e62280-65e8-4b2a-98fb-c134764baedd">671</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" name="us-gaap:RestrictedCashAndCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTMtMC0xLTEtMC90ZXh0cmVnaW9uOjljYmFjZjViZTQ4YjQyMWVhYWUyZjZhMzk2OTA0NGE0XzUz_dea210c6-fc76-4b3d-8fd8-45a252404a7b">800</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RestrictedCashAndCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTMtMS0xLTEtMA_fcdde31e-7300-4c99-a1b9-4e94b9f8b17f">40,687</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RestrictedCashAndCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTMtMy0xLTEtMA_fa7c45f6-7603-4b6c-9d37-dae89bbdfbc6">16,629</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Tenant accounts receivable, net (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsReceivableNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTQtMC0xLTEtMC90ZXh0cmVnaW9uOjYwYWMzYjlhZmMyYTQ2NGI5M2VlODQ1ZTJjNGNiZGZlXzYx_8aa49aeb-3ba5-4c4b-8ddd-1598d310f21f">2,019</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsReceivableNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTQtMC0xLTEtMC90ZXh0cmVnaW9uOjYwYWMzYjlhZmMyYTQ2NGI5M2VlODQ1ZTJjNGNiZGZlXzY5_334401fd-bf40-46c8-a4ee-92aaa69ff4fe">2,679</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsReceivableNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTQtMS0xLTEtMA_bcd3d875-06d0-4ba2-8789-2ad04ab37ddb">8,338</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsReceivableNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTQtMy0xLTEtMA_1cc89561-422f-40a6-9724-9b0ac56c8439">8,680</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred expenses, net (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" name="us-gaap:DeferredCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTUtMC0xLTEtMC90ZXh0cmVnaW9uOmE4N2Y0NjE1OTExODQ5MjQ4NDI3OTBhOGY3MWM4NjFiXzUy_fabea771-f9df-468b-a841-11eda7f338d6">509</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" name="us-gaap:DeferredCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTUtMC0xLTEtMC90ZXh0cmVnaW9uOmE4N2Y0NjE1OTExODQ5MjQ4NDI3OTBhOGY3MWM4NjFiXzYw_aebd39d6-640e-4385-8728-4ea2443598a7">516</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTUtMS0xLTEtMA_459a06d6-88c0-4507-bc80-8ee82214bb64">14,275</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTUtMy0xLTEtMA_d2239635-8b7b-43cb-9dd6-f70b52795ee8">10,982</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Acquired intangible assets, net (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTYtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4YmM4ZWVjOWVjODQ2YWM4MTQ3YzQ2YjM0ZWY4YjQ0XzYx_d4aa1e1b-d59f-40fa-b5fb-54cb4f7c6263">9,737</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTYtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4YmM4ZWVjOWVjODQ2YWM4MTQ3YzQ2YjM0ZWY4YjQ0XzY5_d3ae8deb-4067-445d-aafe-1ffc05939e66">2,638</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTYtMS0xLTEtMA_ffee69be-abfd-4874-ae00-b23d1483fd30">161,396</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTYtMy0xLTEtMA_c416e650-6532-406b-b008-0f169d57bcfc">105,206</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred rent receivable, net (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredRentReceivablesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTctMC0xLTEtMC90ZXh0cmVnaW9uOmFlNWZlOTUwOTU4YzQwZjI5M2NhYzFjNjNjNGJlNDQ0XzU5_c326891c-abf0-459f-b4bf-e2af9eab96ae">1,122</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredRentReceivablesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTctMC0xLTEtMC90ZXh0cmVnaW9uOmFlNWZlOTUwOTU4YzQwZjI5M2NhYzFjNjNjNGJlNDQ0XzY3_8be07f77-e142-417b-9b25-21da6efdb46e">1,087</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredRentReceivablesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTctMS0xLTEtMA_89f6d1d5-7a8d-4b74-809d-5ec6a8eeac28">24,427</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredRentReceivablesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTctMy0xLTEtMA_15e17f93-eb5a-4463-bce3-fa16faba377c">21,274</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prepaid expenses and other assets (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" name="us-gaap:PrepaidExpenseAndOtherAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTgtMC0xLTEtMC90ZXh0cmVnaW9uOmY5YjcxOWI2MzFiMDQyNTRhMzc4YWYzMDc1NzVlM2ExXzYz_90393443-498b-4ae5-a203-e7f2b2f571b5">543</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" name="us-gaap:PrepaidExpenseAndOtherAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTgtMC0xLTEtMC90ZXh0cmVnaW9uOmY5YjcxOWI2MzFiMDQyNTRhMzc4YWYzMDc1NzVlM2ExXzcx_93bbbef6-8f92-41f5-95d0-2d2713f80e9f">164</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PrepaidExpenseAndOtherAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTgtMS0xLTEtMA_4998dc2e-af50-4448-8833-e18fc7f0741f">21,078</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PrepaidExpenseAndOtherAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTgtMy0xLTEtMA_6e671b83-9dde-4ff3-87e1-89c08770dc3d">9,290</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TOTAL ASSETS</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTktMS0xLTEtMA_a5e78069-a746-4a09-8044-19e438439c8b">3,739,731</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMTktMy0xLTEtMA_7356037a-9aa2-4954-894a-d9ffba335500">2,658,599</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">LIABILITIES AND EQUITY</span></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage notes and other debt payable, net (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjEtMC0xLTEtMC90ZXh0cmVnaW9uOjRmOWIzOWE1MWQ4MzQ1NGU5NmI2NjU4YzJiZTcyZTI1Xzcy_67ae04e1-bcbb-44e8-a4e2-57987a13d28d">113,554</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjEtMC0xLTEtMC90ZXh0cmVnaW9uOjRmOWIzOWE1MWQ4MzQ1NGU5NmI2NjU4YzJiZTcyZTI1Xzgw_d5911329-db2b-4f43-b6fa-23b1f3451b98">82,033</ix:nonFraction>, respectively)</span></div></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjEtMS0xLTEtMA_c47791fe-300f-4933-b2e4-02b4db1bf60e">1,584,926</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjEtMy0xLTEtMA_75675246-d2b8-435d-957c-af27534bd297">868,102</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Liabilities held for sale</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjItMS0xLTEtMA_5c0334fd-f5f7-44b7-888d-7484c938a9b2">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjItMy0xLTEtMA_bc16c6c3-7f6f-4949-a0eb-0f12e2ba7f65">18,242</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accounts payable and other liabilities (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjMtMC0xLTEtMC90ZXh0cmVnaW9uOmVkOTNjNDJmMjc0NTRkMDM5M2VkNDYxYTg1YmIzNjczXzY4_cf352e8a-d933-4c2f-b8a2-ce72a193de8f">1,626</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjMtMC0xLTEtMC90ZXh0cmVnaW9uOmVkOTNjNDJmMjc0NTRkMDM5M2VkNDYxYTg1YmIzNjczXzc2_e28e6654-214d-4b75-827e-64dfcb5c8e8d">1,335</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjMtMS0xLTEtMA_0eee16be-f22a-4ec6-b1ed-1b8b0386b71d">52,273</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjMtMy0xLTEtMA_7afdb1a7-f037-4cf3-a530-414eab5ef8ca">36,137</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing obligation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LeaseDepositLiability" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjQtMS0xLTEtMA_3d21fac8-50d0-4a25-82fb-9fafb19dd204">298,584</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LeaseDepositLiability" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjQtMy0xLTEtMA_0cf6f1ed-938f-4e70-ae85-2f206cb4aaf8"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LeaseDepositLiability" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjQtMy0xLTEtMA_4253d9a0-17f6-4d64-8c02-308a2374411b">155,882</ix:nonFraction></ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accrued offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AccruedOfferingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjUtMS0xLTEtMA_0f50cebd-65a9-4c90-ba45-688ee2099bde">126,674</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AccruedOfferingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjUtMy0xLTEtMA_def12924-83fa-4c98-a3a2-e0bae43bf423">106,908</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accrued interest (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" name="us-gaap:InterestPayableCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjctMC0xLTEtMC90ZXh0cmVnaW9uOjM3NzFlN2M2YmRjOTQ5MGZhMjI3YTcyNWY2NjYxOGYyXzQ2_8c58ee3c-f5f2-4c55-a6c9-5f63957cc7b9">322</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" name="us-gaap:InterestPayableCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjctMC0xLTEtMC90ZXh0cmVnaW9uOjM3NzFlN2M2YmRjOTQ5MGZhMjI3YTcyNWY2NjYxOGYyXzU0_8cff91bc-417a-473e-b4dc-806a2f6319e3">296</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestPayableCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjctMS0xLTEtMA_5947d9b7-3492-47dc-81fb-24ecf95b8fe2">2,714</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestPayableCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjctMy0xLTEtMA_1b71b9df-fb4a-4b8e-b5a8-a2fa7e29ff4c">2,153</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accrued real estate taxes (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjgtMC0xLTEtMC90ZXh0cmVnaW9uOjUzMzJjMDU0MDk4ZDQ2Yjk5YTUwYTE3ODYzODU3ZGY0XzU1_6c4d6f46-2ab6-460f-9a3e-6dfe2cb6e125">1,497</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" name="us-gaap:AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjgtMC0xLTEtMC90ZXh0cmVnaW9uOjUzMzJjMDU0MDk4ZDQ2Yjk5YTUwYTE3ODYzODU3ZGY0XzYz_a52de87c-6096-4eef-bac5-29b9248419c1">738</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjgtMS0xLTEtMA_9618dfde-798f-43ad-a496-d832947744fe">14,779</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjgtMy0xLTEtMA_52a2f7c3-3ee2-4f65-8042-dba76df7cfcc">6,640</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Advisor fees payable</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DueToRelatedPartiesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjktMS0xLTEtMA_6cd01f51-e8e8-42e9-b6bf-5e9e2d15d3b2">16,654</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DueToRelatedPartiesCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMjktMy0xLTEtMA_9b3844c3-608c-49c7-bb74-82a5179f8b00">2,122</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Acquired intangible liabilities, net (including from VIEs of $<ix:nonFraction unitRef="usd" contextRef="i306585c3d77c466f9185766a54bfc360_I20210930" decimals="-3" name="jllipt:AcquiredIntangibleLiabilitiesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzEtMC0xLTEtMjM3MzkvdGV4dHJlZ2lvbjowMGQ0Nzk4Y2JmNzA0Y2NhOGRlMDQxN2FiOTExMTliZl8yMTk5MDIzMjU1NjQ2_0d8ee3d0-67df-4d20-8c2a-d44411c1e29d">218</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="iea64db375fea4e9799ed71566e87dc9d_I20201231" decimals="-3" format="ixt:fixed-zero" name="jllipt:AcquiredIntangibleLiabilitiesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzEtMC0xLTEtMjM3MzkvdGV4dHJlZ2lvbjowMGQ0Nzk4Y2JmNzA0Y2NhOGRlMDQxN2FiOTExMTliZl8yMTk5MDIzMjU1NjUw_feca056d-773e-4000-a759-e7e359d9343c">&#8212;</ix:nonFraction>, respectively)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AcquiredIntangibleLiabilitiesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzAtMS0xLTEtMA_6b10fbf9-819e-46bf-bb89-ef34d244a8f6">28,468</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AcquiredIntangibleLiabilitiesNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzAtMy0xLTEtMA_93c730d6-0d7e-47d4-933b-c48ec6f7497a">14,990</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TOTAL LIABILITIES</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Liabilities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzEtMS0xLTEtMA_09bbc9a9-8480-4901-ab28-c484fe77c0d3">2,125,072</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Liabilities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzEtMy0xLTEtMA_99894404-09f0-4d7b-b74f-47d15c1c953e">1,211,176</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commitments and contingencies</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:CommitmentsAndContingencies" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzItMS0xLTEtMA_937daabf-73a6-4359-b024-90a3acad3df7">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:fixed-zero" name="us-gaap:CommitmentsAndContingencies" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzItMy0xLTEtMA_e910c1c5-91db-4f06-af2b-92b98868d3a8">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class A common stock: $<ix:nonFraction unitRef="usdPerShare" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="2" name="us-gaap:CommonStockParOrStatedValuePerShare" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4NDdmOTY4MzAxODQ4OTY5MjVlNDI4MDE3MWM5ZTE3XzI3_c502c378-837b-4579-8bbf-711d764909ef">0.01</ix:nonFraction> par value; <ix:nonFraction unitRef="shares" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesAuthorized" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4NDdmOTY4MzAxODQ4OTY5MjVlNDI4MDE3MWM5ZTE3XzQx_168ee8b4-0598-486e-9d74-2a72ed743685">200,000,000</ix:nonFraction> shares authorized; <ix:nonFraction unitRef="shares" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4NDdmOTY4MzAxODQ4OTY5MjVlNDI4MDE3MWM5ZTE3XzYz_16dc2abf-f926-4545-8fb0-4ffe34368ab1"><ix:nonFraction unitRef="shares" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4NDdmOTY4MzAxODQ4OTY5MjVlNDI4MDE3MWM5ZTE3XzYz_71bc42e2-a873-4f61-8a06-c2c07f6a803e">96,013,268</ix:nonFraction></ix:nonFraction> and <ix:nonFraction unitRef="shares" contextRef="id497581101674659bc73b07317eb9a01_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4NDdmOTY4MzAxODQ4OTY5MjVlNDI4MDE3MWM5ZTE3Xzcw_2e362d1b-8e90-4b89-add2-49e374e002e2"><ix:nonFraction unitRef="shares" contextRef="id497581101674659bc73b07317eb9a01_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMC0xLTEtMC90ZXh0cmVnaW9uOmQ4NDdmOTY4MzAxODQ4OTY5MjVlNDI4MDE3MWM5ZTE3Xzcw_4f53d32c-6f27-4b45-83cf-7baafadb0a7e">89,671,096</ix:nonFraction></ix:nonFraction> shares issued and outstanding at September&#160;30, 2021 and December&#160;31, 2020, respectively </span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMS0xLTEtMA_eb16c3db-db90-4529-96af-53dcd5c93cbf">960</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="id497581101674659bc73b07317eb9a01_I20201231" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzQtMy0xLTEtMA_c9c6a194-c8ca-4f0f-ae6a-371d8433ee82">897</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class M common stock: $<ix:nonFraction unitRef="usdPerShare" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="2" name="us-gaap:CommonStockParOrStatedValuePerShare" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMC0xLTEtMC90ZXh0cmVnaW9uOjZiMTA0YmU4ZjAyNTQ0NDViYmNlMjQ2YzkyMjJjNjQzXzI3_5f191bd5-3459-48cb-9abe-fbfe26a79ca6">0.01</ix:nonFraction> par value; <ix:nonFraction unitRef="shares" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesAuthorized" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMC0xLTEtMC90ZXh0cmVnaW9uOjZiMTA0YmU4ZjAyNTQ0NDViYmNlMjQ2YzkyMjJjNjQzXzQx_3584b554-9779-4a5d-9bd4-4458d2f4b003">200,000,000</ix:nonFraction> shares authorized; <ix:nonFraction unitRef="shares" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMC0xLTEtMC90ZXh0cmVnaW9uOjZiMTA0YmU4ZjAyNTQ0NDViYmNlMjQ2YzkyMjJjNjQzXzYz_c8a3c35f-4b1f-4ea1-90f7-6177afd0a68a"><ix:nonFraction unitRef="shares" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMC0xLTEtMC90ZXh0cmVnaW9uOjZiMTA0YmU4ZjAyNTQ0NDViYmNlMjQ2YzkyMjJjNjQzXzYz_e3dd3740-1c57-45c1-88d5-61e57b78b8a9">35,541,455</ix:nonFraction></ix:nonFraction> and <ix:nonFraction unitRef="shares" contextRef="ia63f349ad0634c39ace1b7424b648a33_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMC0xLTEtMC90ZXh0cmVnaW9uOjZiMTA0YmU4ZjAyNTQ0NDViYmNlMjQ2YzkyMjJjNjQzXzcw_a70ab568-7dcb-4a57-88b5-bd2fb304fcc8"><ix:nonFraction unitRef="shares" contextRef="ia63f349ad0634c39ace1b7424b648a33_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMC0xLTEtMC90ZXh0cmVnaW9uOjZiMTA0YmU4ZjAyNTQ0NDViYmNlMjQ2YzkyMjJjNjQzXzcw_c113e4dd-aae2-4457-a93f-a7db25262d34">35,612,156</ix:nonFraction></ix:nonFraction> shares issued and outstanding at September&#160;30, 2021 and December&#160;31, 2020, respectively </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMS0xLTEtMA_72df243b-3ac8-4e19-83c5-e13398986b08">355</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia63f349ad0634c39ace1b7424b648a33_I20201231" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzUtMy0xLTEtMA_528ee37b-0bdb-45a5-9abb-1b4831519d49">356</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class A-I common stock: $<ix:nonFraction unitRef="usdPerShare" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="2" name="us-gaap:CommonStockParOrStatedValuePerShare" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmYxODY0ZjEwYWMzZDRlMGY5YzgyNTcyMGZmYjM2NGU3XzI5_c2cb0b41-5ed8-4dea-918b-b1025d837833">0.01</ix:nonFraction> par value; <ix:nonFraction unitRef="shares" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesAuthorized" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmYxODY0ZjEwYWMzZDRlMGY5YzgyNTcyMGZmYjM2NGU3XzQz_89146a06-c44e-4fc1-a898-a7708547c904">200,000,000</ix:nonFraction> shares authorized; <ix:nonFraction unitRef="shares" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmYxODY0ZjEwYWMzZDRlMGY5YzgyNTcyMGZmYjM2NGU3XzY1_d206389a-27a0-41a9-ba8f-4e2c92570d26"><ix:nonFraction unitRef="shares" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmYxODY0ZjEwYWMzZDRlMGY5YzgyNTcyMGZmYjM2NGU3XzY1_df238e0f-7320-4854-b26a-e5ba414414f8">9,074,648</ix:nonFraction></ix:nonFraction> and <ix:nonFraction unitRef="shares" contextRef="i8a4ce5d66f82457cb28cee5ec6708048_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmYxODY0ZjEwYWMzZDRlMGY5YzgyNTcyMGZmYjM2NGU3Xzcy_2e7c5207-506d-4ac9-95d0-51d33db9e911"><ix:nonFraction unitRef="shares" contextRef="i8a4ce5d66f82457cb28cee5ec6708048_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmYxODY0ZjEwYWMzZDRlMGY5YzgyNTcyMGZmYjM2NGU3Xzcy_782d8490-0880-4ddb-8124-3792084e8fc6">9,616,299</ix:nonFraction></ix:nonFraction> shares issued and outstanding at September&#160;30, 2021 and December&#160;31, 2020, respectively </span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMS0xLTEtMA_25b24bc5-edf8-4d88-9b55-33675a6d7f2f">91</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i8a4ce5d66f82457cb28cee5ec6708048_I20201231" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzYtMy0xLTEtMA_61878374-6a1a-4a0f-95c0-e6761afa9ecd">96</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class M-I common stock: $<ix:nonFraction unitRef="usdPerShare" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="2" name="us-gaap:CommonStockParOrStatedValuePerShare" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMC0xLTEtMC90ZXh0cmVnaW9uOjRjNGM0ZDViMWM1ODRlNTE5MjM2ZGI5NThlYjBlYTAxXzI5_e8c6a652-1408-4314-8b04-a1cdb4cbbe87">0.01</ix:nonFraction> par value; <ix:nonFraction unitRef="shares" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesAuthorized" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMC0xLTEtMC90ZXh0cmVnaW9uOjRjNGM0ZDViMWM1ODRlNTE5MjM2ZGI5NThlYjBlYTAxXzQz_1390301c-ef6c-4c8d-804a-f8c21686c498">200,000,000</ix:nonFraction> shares authorized; <ix:nonFraction unitRef="shares" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMC0xLTEtMC90ZXh0cmVnaW9uOjRjNGM0ZDViMWM1ODRlNTE5MjM2ZGI5NThlYjBlYTAxXzY1_1a5fa485-bd1a-4d0c-9c65-93f6eca5847f"><ix:nonFraction unitRef="shares" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMC0xLTEtMC90ZXh0cmVnaW9uOjRjNGM0ZDViMWM1ODRlNTE5MjM2ZGI5NThlYjBlYTAxXzY1_e59ab9b6-0c2e-4b11-903e-a727f86daa0c">46,244,259</ix:nonFraction></ix:nonFraction> and <ix:nonFraction unitRef="shares" contextRef="i95a130d111bb414d8cb4d805ba1e4ed1_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMC0xLTEtMC90ZXh0cmVnaW9uOjRjNGM0ZDViMWM1ODRlNTE5MjM2ZGI5NThlYjBlYTAxXzcy_1b88aa6e-e180-4f18-a451-e16c654a5d61"><ix:nonFraction unitRef="shares" contextRef="i95a130d111bb414d8cb4d805ba1e4ed1_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMC0xLTEtMC90ZXh0cmVnaW9uOjRjNGM0ZDViMWM1ODRlNTE5MjM2ZGI5NThlYjBlYTAxXzcy_324326be-7c77-4bd6-934f-a4017947a644">33,247,001</ix:nonFraction></ix:nonFraction> shares issued and outstanding at September&#160;30, 2021 and December&#160;31, 2020, respectively </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMS0xLTEtMA_ccb7dc2f-7e4a-4c1a-ba6c-daa6f01729b8">462</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i95a130d111bb414d8cb4d805ba1e4ed1_I20201231" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzctMy0xLTEtMA_57340582-5481-49bd-a28a-962ba4616103">332</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class D common stock: $<ix:nonFraction unitRef="usdPerShare" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="2" name="us-gaap:CommonStockParOrStatedValuePerShare" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMC0xLTEtMC90ZXh0cmVnaW9uOjQ1MDQ2YTFjODQ5YTQxZTM4ODA1Y2QxOTFkNDY3MGI4XzI3_95e3bd70-cfba-4005-9fbc-6b37e50caf7d">0.01</ix:nonFraction> par value; <ix:nonFraction unitRef="shares" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesAuthorized" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMC0xLTEtMC90ZXh0cmVnaW9uOjQ1MDQ2YTFjODQ5YTQxZTM4ODA1Y2QxOTFkNDY3MGI4XzQx_1845c201-6965-4456-abe0-017ece801eee">200,000,000</ix:nonFraction> shares authorized; <ix:nonFraction unitRef="shares" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMC0xLTEtMC90ZXh0cmVnaW9uOjQ1MDQ2YTFjODQ5YTQxZTM4ODA1Y2QxOTFkNDY3MGI4XzYz_30ec8e39-0f34-42d8-bed4-2362c855609b"><ix:nonFraction unitRef="shares" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMC0xLTEtMC90ZXh0cmVnaW9uOjQ1MDQ2YTFjODQ5YTQxZTM4ODA1Y2QxOTFkNDY3MGI4XzYz_7a749474-aaef-49b8-9b12-b047e82eb1f7">7,513,281</ix:nonFraction></ix:nonFraction> and <ix:nonFraction unitRef="shares" contextRef="i7674594fbc894346b311eb175eee6629_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMC0xLTEtMC90ZXh0cmVnaW9uOjQ1MDQ2YTFjODQ5YTQxZTM4ODA1Y2QxOTFkNDY3MGI4Xzcw_7a7f240e-2d00-4aa4-8a2a-7ac0f3b30be0"><ix:nonFraction unitRef="shares" contextRef="i7674594fbc894346b311eb175eee6629_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMC0xLTEtMC90ZXh0cmVnaW9uOjQ1MDQ2YTFjODQ5YTQxZTM4ODA1Y2QxOTFkNDY3MGI4Xzcw_b1f0d12e-b854-4d61-920f-cc09223527dc">4,957,915</ix:nonFraction></ix:nonFraction> shares issued and outstanding at September&#160;30, 2021 and December&#160;31, 2020, respectively </span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMS0xLTEtMA_ec3478f9-1655-46ce-8973-23f607b3f07d">75</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7674594fbc894346b311eb175eee6629_I20201231" decimals="-3" name="us-gaap:CommonStockValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzgtMy0xLTEtMA_c3ead0fe-7ca0-4ec0-8aa3-fb843d08db63">50</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Additional paid-in capital (net of offering costs of $<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Accumulatedstockissuancecosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzktMC0xLTEtMC90ZXh0cmVnaW9uOmZlNDEzMDBmMWY2YjQ5ZmQ5OWVmYTczN2ZkNGM5YTYyXzU4_939a5abc-bb2c-4dc3-9515-a7307774a9c1">248,424</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Accumulatedstockissuancecosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzktMC0xLTEtMC90ZXh0cmVnaW9uOmZlNDEzMDBmMWY2YjQ5ZmQ5OWVmYTczN2ZkNGM5YTYyXzY2_cc2ba3a8-fd0c-49dd-9902-6d23fab8c322">216,405</ix:nonFraction>  as of September&#160;30, 2021 and December&#160;31, 2020, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdditionalPaidInCapitalCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzktMS0xLTEtMA_e0e8b50c-77dd-44a7-b98e-770656f4aa13">2,148,205</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdditionalPaidInCapitalCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfMzktMy0xLTEtMA_c98982d3-fe32-4964-9f49-07acdc93f976">1,922,136</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions to stockholders</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccumulatedDistributionsInExcessOfNetIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDEtMS0xLTEtMA_eb8ca91d-8e0f-418c-9105-23ad299146f9">549,120</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AccumulatedDistributionsInExcessOfNetIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDEtMy0xLTEtMA_cb61eed5-ed40-4624-b4b1-37c38449c86d">481,760</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accumulated deficit</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:RetainedEarningsAccumulatedDeficit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDItMS0xLTEtMA_f1556608-71fd-4c5b-bb96-ac0a440caf1c">7,647</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:RetainedEarningsAccumulatedDeficit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDItMy0xLTEtMA_8c0be0d8-ef07-48e8-880b-7f178bc035a2">14,723</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Jones Lang LaSalle Income Property Trust, Inc. stockholders&#8217; equity</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDMtMS0xLTEtMA_1c3ca5b0-3389-4528-911a-ec9609452362">1,593,381</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDMtMy0xLTEtMA_f241efb6-671f-4ac7-a7aa-2913b587129d">1,427,384</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Noncontrolling interests</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MinorityInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDQtMS0xLTEtMA_e5ef4cdf-f5fe-4c7e-8a2c-c4dacb00366a">21,278</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MinorityInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDQtMy0xLTEtMA_8ebfd2f1-21c1-419a-8ac9-8427430401d3">20,039</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total equity</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDUtMS0xLTEtMA_66e3ef4a-2310-414e-b281-f5aa79ef934c">1,614,659</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDUtMy0xLTEtMA_1a7c63c1-3386-4e7e-80fe-75ac43c07240">1,447,423</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TOTAL LIABILITIES AND EQUITY</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LiabilitiesAndStockholdersEquity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDYtMS0xLTEtMA_5cea55f3-2452-4efa-835b-319295245a58">3,739,731</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LiabilitiesAndStockholdersEquity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMy9mcmFnOmI5NzFhOGMzMWMxNjRiNDE4YWY5ZTIyYTNjNTY2OGVkL3RhYmxlOjFlYzc4ZDQ1OTFmMDQ1ZGQ5NmI0ZGZmZmYwYTBmNmYyL3RhYmxlcmFuZ2U6MWVjNzhkNDU5MWYwNDVkZDk2YjRkZmZmZjBhMGY2ZjJfNDYtMy0xLTEtMA_96acb661-0f4c-4f08-a463-6335495c7fed">2,658,599</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">The abbreviation &#8220;VIEs&#8221; above means consolidated Variable Interest Entities.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">See notes to consolidated financial statements.</span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_16"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CONSOLIDATED STATEMENTS OF OPERATIONS</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$ in thousands, except share and per share amounts</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(Unaudited)</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.783%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.145%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.145%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.145%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.146%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Rental revenue</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMi0xLTEtMS0w_42d84108-4f92-4a34-b9f8-990e59d61df2">58,100</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMi0zLTEtMS0w_82eee02f-ccb8-4561-b062-0741e744ed33">46,970</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMi01LTEtMS0w_e130d2d8-30b4-472f-9468-d575ba75ce5f">161,369</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMi03LTEtMS0w_c462b9b7-f7a1-4788-b82b-bbfa2853e7c5">139,370</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other revenue</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMy0xLTEtMS0w_40e7ffe8-7c31-4142-a34e-f293033ce672">2,827</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMy0zLTEtMS0w_cd4f3a99-bcb7-4c46-ad97-f31501f4aba2">2,067</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMy01LTEtMS0w_5b90ea11-8b57-4a9b-80ad-7bee820bbb36">8,185</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMy03LTEtMS0w_e902c5e1-9da9-48a6-aeb7-4e432a5bd803">5,243</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total revenues</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNC0xLTEtMS0w_ff4a1953-b3f7-4f54-a38b-65c840db83be">60,927</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNC0zLTEtMS0w_ec3ba536-4723-4c45-9cc6-9f396bf16f29">49,037</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNC01LTEtMS0w_459fa595-6906-45e9-b180-7c595728c4af">169,554</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNC03LTEtMS0w_d01ad50a-0be3-4d99-9f20-ea466921fa12">144,613</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real estate taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNi0xLTEtMS0w_55dbac5d-f6b5-4467-bb52-73d0946137e3">8,282</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNi0zLTEtMS0w_57f7c156-b212-4967-b49b-adbd742a216e">7,572</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNi01LTEtMS0w_960a0e77-110f-4f60-b9b6-c11bdca28dfe">24,573</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNi03LTEtMS0w_c4830ec2-fe01-46d1-a430-59854872efa3">22,419</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Property operating expenses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNy0xLTEtMS0w_dda795d6-c7d8-4ab5-ae5c-fa7cf5b4081f">10,947</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNy0zLTEtMS0w_7c56fdfe-342a-42f2-a46d-e208c024c191">9,975</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNy01LTEtMS0w_c48b57db-f036-40df-9cc3-360b2b9a9c9d">31,052</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNy03LTEtMS0w_54d53a5a-9238-43f1-8cf1-17528760b1ec">27,554</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Property general and administrative</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfOS0xLTEtMS0w_cd2e80a7-47ad-494c-8572-f127b4decd34">470</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfOS0zLTEtMS0w_273abf7c-45ed-4b19-aaf2-695b70742e1d">728</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfOS01LTEtMS0w_5697eab0-4d02-465a-bec4-f017c9a9d247">946</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfOS03LTEtMS0w_e05d9d3e-bc50-4ef7-94ed-000fe99405a2">3,609</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Advisor fees</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTAtMS0xLTEtMA_c155b32b-77dc-4c02-8202-ee565634b8f9">21,546</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTAtMy0xLTEtMA_e6118328-5544-4244-a423-ec288c8d7efb">6,192</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTAtNS0xLTEtMA_ad6460c5-0bdf-4310-9d92-730944db9b17">34,620</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTAtNy0xLTEtMA_9f3c7e4c-3651-4f0a-a27e-f3d5e81164f5">19,049</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Company level expenses</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTEtMS0xLTEtMA_701726fd-b7d1-41fc-9989-2c90999fe8d3">940</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTEtMy0xLTEtMA_9d4020a4-f43e-4c91-a9ec-51485dedae61">693</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTEtNS0xLTEtMA_cfca17ed-8a92-47aa-98e7-32d117675bbe">3,123</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTEtNy0xLTEtMA_947c5de9-5834-4310-899e-372db2f4548d">2,241</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Depreciation and amortization</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTQtMS0xLTEtMA_f06c760e-12de-4148-b000-537f2a76ad6f">23,519</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTQtMy0xLTEtMA_888e0f2d-7878-4167-8a29-7b1c41e8a2b9">18,830</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTQtNS0xLTEtMA_8e219c36-d869-4a32-b574-77d4953f4914">64,682</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTQtNy0xLTEtMA_054cee7f-31fc-4aaa-81b9-fe60c6b735f5">56,450</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total operating expenses</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTUtMS0xLTEtMA_dcdebe0b-058d-4b6e-948f-29df5748cb68">65,704</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTUtMy0xLTEtMA_c75f1bfe-aa55-4677-ad9e-ca603a719e9a">43,990</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTUtNS0xLTEtMA_3cfc3fe1-1c19-414b-9ca1-0d8c15daf364">158,996</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTUtNy0xLTEtMA_f3ea1f7d-4b19-4642-9efa-2e2c7cc1fdb0">131,322</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income (expenses):</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest expense</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTgtMS0xLTEtMA_1d7c148d-5812-4dea-a522-6751ca853205">11,714</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTgtMy0xLTEtMA_148eff1a-1cb7-4393-b153-feca3acb24de">8,391</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTgtNS0xLTEtMA_3aba85dd-c943-4dab-8a1c-e31718732869">31,264</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMTgtNy0xLTEtMA_044a555a-bc8d-4272-9711-0acbf94bb767">32,191</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss from unconsolidated real estate affiliates and fund investments</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjEtMS0xLTEtMA_065b1712-098a-40a1-a7c6-e34127cf9710">1,270</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjEtMy0xLTEtMA_83a75529-9d2e-4239-9240-bee3db5a80a1">3,289</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjEtNS0xLTEtMA_8d6ebf81-3d8f-4b4f-9d6d-2a2a8219bfcb">4,021</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjEtNy0xLTEtMA_a74aa04d-be2a-4c52-8276-ec317f7403d1">16,186</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investment income on marketable securities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:InvestmentIncomeDividend" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtMS0xLTEtMzU0Mzg_2368e3e7-9752-472e-b01c-2c3ca9d708dd">88</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:InvestmentIncomeDividend" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtMy0xLTEtMzU0Mzg_90eba5a5-39b7-413c-b9b4-db2fb652a73c">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:InvestmentIncomeDividend" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtNS0xLTEtMzU0Mzg_08d221c0-439d-40bc-b046-3a6f1f45781f">88</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:InvestmentIncomeDividend" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtNy0xLTEtMzU0Mzg_c3b60c68-215b-4296-945c-168cb8c5a582">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized gain upon sale of marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtMS0xLTEtMTYz_5b004fa9-05a9-4ade-86a4-5536024c6fc3">38</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtMy0xLTEtMTcy_6b358722-3c3d-46a7-a194-89a4474379de">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtNS0xLTEtMTY4_6ab3a724-2737-4658-b0c3-c7ef82ccc034">38</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjQtNy0xLTEtMTc3_1d17316f-ce9a-4728-94d4-5f4d14e68f78">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net unrealized change in fair value of investment in marketable securities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjUtMS0xLTEtMTYz_0351b92b-8482-463c-946b-9078333f9831">1,711</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjUtMy0xLTEtMTcy_e1aee926-9b64-444e-9b0b-c82ad064fdc6">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjUtNS0xLTEtMTY4_e0f7ce42-21b9-4463-b934-36c815a62258">1,711</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjUtNy0xLTEtMTc3_518ccb1f-c807-4415-b5fc-8475b8f9307d">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(Loss) gain on disposition of property and extinguishment of debt, net</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:GainsLossesOnExtinguishmentOfDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjMtMS0xLTEtMA_9c085f82-7de7-4dcf-b9a4-7be2d720ac10">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:GainsLossesOnExtinguishmentOfDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjMtMy0xLTEtMA_f3e329a5-abc1-46bc-854e-70b2cac7e11d">3,480</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:GainsLossesOnExtinguishmentOfDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjMtNS0xLTEtMA_5a6c7454-b083-433b-9d9d-5248dba9870b">33,422</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:GainsLossesOnExtinguishmentOfDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjMtNy0xLTEtMA_b7d9c9d1-db8b-4b3b-8704-406e3affbed9">1,772</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other income and (expenses)</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjYtMS0xLTEtMA_d64498bf-8270-4439-ab24-7933981316df">14,569</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjYtMy0xLTEtMA_b016dad5-7cdd-4972-88c4-134b0d6a5df1">15,160</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjYtNS0xLTEtMA_00a40d6b-11c1-4ac8-87e4-a8fddb4dfa05">3,448</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMjYtNy0xLTEtMA_fe06b69e-4417-494c-80fa-2ed8b8f5d463">50,149</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net (loss) income</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzEtMS0xLTEtMA_ff15e698-d5b2-4449-aa32-d22dde84fd31">19,346</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzEtMy0xLTEtMA_5fb36ff0-8002-4084-8999-d005b8182e57">10,113</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzEtNS0xLTEtMA_740e7245-34c5-454a-ae4c-b178c68e2ac1">7,110</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzEtNy0xLTEtMA_8bc5cd4e-a530-4281-be46-fefcb6c6cb7f">36,858</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less: Net loss (income) attributable to the noncontrolling interests</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" name="us-gaap:NetIncomeLossAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzItMS0xLTEtMA_d86c4245-b1c3-4f13-91d3-97bd236d8243">94</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="us-gaap:NetIncomeLossAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzItMy0xLTEtMA_95761108-f884-4f7d-85d8-5ec626de2017">9</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:NetIncomeLossAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzItNS0xLTEtMA_602e9345-88e5-4365-8d5d-38d51574effe">34</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:NetIncomeLossAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzItNy0xLTEtMA_8d687a2e-7ce8-41db-b52e-c5274dce5a44">17</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net (loss) income attributable to Jones Lang LaSalle Income Property Trust, Inc.</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzMtMS0xLTEtMA_d1062653-4fa5-4e81-9e50-ba73bfc73f4b">19,252</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzMtMy0xLTEtMA_1160211a-a146-4781-bf41-fe7f2587317d">10,122</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzMtNS0xLTEtMA_8c16b3d1-6804-4521-824a-12b91909e6fb">7,076</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzMtNy0xLTEtMA_e882c552-b20b-4fb2-a9b9-fa14fba73fc4">36,875</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net (loss) income attributable to Jones Lang LaSalle Income Property Trust, Inc. per share-basic and diluted:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><ix:nonFraction unitRef="usdPerShare" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" xsi:nil="true" name="us-gaap:EarningsPerShareBasicAndDiluted" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzYtMS0xLTEtMA_cf4f3ad0-378b-49a8-a0c5-355fbaacc49c"></ix:nonFraction></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><ix:nonFraction unitRef="usdPerShare" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" xsi:nil="true" name="us-gaap:EarningsPerShareBasicAndDiluted" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzYtMy0xLTEtMA_d0825364-a83e-41fa-8394-30a06f553a3d"></ix:nonFraction></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><ix:nonFraction unitRef="usdPerShare" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" xsi:nil="true" name="us-gaap:EarningsPerShareBasicAndDiluted" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzYtNS0xLTEtMA_34ac4350-8ea4-4acd-917a-f7c77d9a13ac"></ix:nonFraction></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><ix:nonFraction unitRef="usdPerShare" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" xsi:nil="true" name="us-gaap:EarningsPerShareBasicAndDiluted" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzYtNy0xLTEtMA_34a46165-3788-40c3-be3d-50b03aeab459"></ix:nonFraction></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Class A</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzctMS0xLTEtMA_b7b0e404-e30f-46f2-9bd9-56eccdc66484">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="ia5d3372a68014b0baa0f29af8b90c3bc_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzctMy0xLTEtMA_e89d9438-2ba2-425b-8f76-e533f9b11a1c">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="i75155b9d9c8c42c8abfa7c2ac623cfff_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzctNS0xLTEtMA_011a54d4-3adf-48d2-a751-404565733569">0.04</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i32d43f3b5b844506a2d26ecf7db10396_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzctNy0xLTEtMA_6dfe06ee-6658-4be5-9c2a-1ef273716dbe">0.22</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Class M</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzgtMS0xLTEtMA_d72a22ac-342e-44e7-9b7b-c898229d1684">0.25</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i3b82b9e79b234192b96e9acd8562c81c_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzgtMy0xLTEtMA_dcd7dfd9-7372-49c5-967b-3e4eb1d15c7f">0.06</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzgtNS0xLTEtMA_2ca29736-28cc-4211-9635-1e981a5e3f9f">0.04</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i5f0c1c9302e241e4bc83e19ce71f9770_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzgtNy0xLTEtMA_829c8de1-12e2-4f93-b4e6-80ba5f3a7220">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Class A-I</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzktMS0xLTEtMA_9ee8cab9-7079-43b7-8669-8aabe32b94b5">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i5a8f466631654301a33f3692cc911ae4_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzktMy0xLTEtMA_093e7c92-682f-4339-92c0-5d7829193562">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="ia9177499c47b47bf85221dc7d1268bc3_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzktNS0xLTEtMA_4ac21458-a63a-4e2d-a280-a6d688b9263d">0.04</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="icc03c2bcaf394f98953a664ff0552cfe_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfMzktNy0xLTEtMA_ccf36dc6-878b-4a49-b67a-a4efba623b66">0.22</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Class M-I</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDAtMS0xLTEtMA_f219d3d7-cb0e-448d-b787-18a1bb2cf910">0.26</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="icfbde6770bbb4ce1a05f5b8077f62344_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDAtMy0xLTEtMA_a0eac4b8-e23c-4da5-9a68-9748c743f8b6">0.06</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDAtNS0xLTEtMA_6044ae01-e97a-417a-a2be-76d37b937517">0.03</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i86d9cb5c193c4e9fb77ec76afdf27e37_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDAtNy0xLTEtMA_007f2771-9028-42f9-91b8-ea00aa155b11">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Class D</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDEtMS0xLTEtMA_44d0dc17-bda4-4de5-a8e0-d3be2fbaf71a">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i4fee73cd51e54c3588fe1eab8348ded2_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDEtMy0xLTEtMA_08cb5ea7-be22-4552-af10-028e84bbf658">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="i42ddb82328794808afe03b4c5d27d8c1_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDEtNS0xLTEtMA_fb9367cd-1175-47fc-9d5e-87a5312522ce">0.03</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i8f1bac6185bf4673aa552d1ebf21e0c2_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDEtNy0xLTEtMA_beb1318f-b3d2-4f19-b409-ea135a1820c1">0.22</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average common stock outstanding-basic and diluted</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="jllipt:WeightedAverageNumberOfOutstandingSharesBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDItMS0xLTEtMA_bcd9434b-1940-416b-94d2-0e37df8bcb47">189,887,181</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="jllipt:WeightedAverageNumberOfOutstandingSharesBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDItMy0xLTEtMA_f3b01aa8-1119-491c-a832-9f4e02bd560b">169,289,415</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="jllipt:WeightedAverageNumberOfOutstandingSharesBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDItNS0xLTEtMA_8cdb80e2-279a-40d7-92ca-9557dc057ad4">181,981,691</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="jllipt:WeightedAverageNumberOfOutstandingSharesBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xNi9mcmFnOjdhNzk1M2Y3MmFjZjRkODU5ZTIzMWY2NTc2MWMxNTU2L3RhYmxlOjdkNjk2MDRjMTNmMjQzMWZiNTFjZTMxNjIwYWQ2NDQ4L3RhYmxlcmFuZ2U6N2Q2OTYwNGMxM2YyNDMxZmI1MWNlMzE2MjBhZDY0NDhfNDItNy0xLTEtMA_5fbc17c8-a1f9-43b7-8892-8435eb34f431">170,707,171</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">See notes to consolidated financial statements.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_19"></div><hr style="page-break-after:always"/><div style="min-height:14.4pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CONSOLIDATED STATEMENTS OF EQUITY</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$ in thousands, except share and per share amounts (Unaudited)</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.786%"><tr><td style="width:1.0%"></td><td style="width:28.450%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.214%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.335%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.786%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.335%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.335%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.034%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.335%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.570%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.335%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.335%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.792%"></td><td style="width:0.1%"></td></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Common Stock</span></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Additional Paid <br/>In Capital</span></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Distributions to&#160;<br/>Stockholders</span></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Retained Earnings / (Accumulated Deficit)</span></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Noncontrolling<br/>Interests</span></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total<br/>Equity</span></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, July 1, 2020</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ied1c101f66f94945a3b266d9459678fc_I20200630" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi0xLTEtMS0w_feea448c-4e48-494e-860f-95616ac980b9">169,930,376</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ied1c101f66f94945a3b266d9459678fc_I20200630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi0zLTEtMS0w_2f353f5b-0fb2-44fe-b621-3ba35f14f9c6">1,700</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1bc77e39e11d4b0c8dd7a5ca3c2774c0_I20200630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi01LTEtMS0w_e34745e9-3640-4c91-9aab-c81595ae7875">1,894,870</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="id3ad91143ffa42a28e966c8e51231aa9_I20200630" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi05LTEtMS0w_c1e106a7-62d0-4f4e-8c65-56bd332e6ba2">440,306</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04bd0a1ee97b4bdda36fb529c34aa14d_I20200630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi0xMS0xLTEtMA_807fdad5-271b-4c0d-825f-68acb0676174">2,530</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if5721047e0944d4d87587c9012573d4d_I20200630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi0xMy0xLTEtMA_927f3163-9ea5-401c-b21a-8b1fb682ca20">5,974</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib821daf2182b4661a7cb38f30f5b9993_I20200630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMi0xNS0xLTEtMA_6acc9b86-47f0-4662-ba8d-827d46b44325">1,464,768</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of common stock</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMy0xLTEtMS0w_7a45c18e-39db-4512-9456-a70a185edaf5">3,343,225</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930" decimals="-3" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMy0zLTEtMS0w_5213b980-f1be-459c-bb49-091cafbe5722">33</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7fc60e6da0a7469897912e2a2e113317_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMy01LTEtMS0w_85b9aa35-15d5-43a8-ad7e-e1852ffa308c">38,996</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMy0xNS0xLTEtMA_f233eab6-c650-41a0-94d7-f0a76a985be4">39,029</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repurchase of shares</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNC0xLTEtMS0w_76e403ff-461f-4283-a0bd-7aff1baafff7">3,882,050</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930" decimals="-3" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNC0zLTEtMS0w_523cc636-ae60-4fe0-86ca-d4ade2deb1d1">39</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i7fc60e6da0a7469897912e2a2e113317_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNC01LTEtMS0w_b112a7aa-ac6f-4567-9306-8771dacfad70">45,153</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNC0xNS0xLTEtMA_d0ad06b8-e734-4214-a260-05964bd44ec4">45,192</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Conversion of shares</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930" decimals="0" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNS0xLTEtMS0w_04f16c0d-c2cb-40e1-b4a8-0ed4189715cc">149</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i42eef5e0b4214b1d885830d305a02a60_D20200701-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:ConversionOfStockAmountIssued1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNS0xNS0xLTEtMA_39fc38f1-e3b6-425c-a933-1097c0e692b6">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i7fc60e6da0a7469897912e2a2e113317_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNi01LTEtMS0w_371fd308-8c70-41c0-a8ad-ab8e3462fca8">3,315</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNi0xNS0xLTEtMA_ba5e3fe1-7ffe-4f8c-8c00-6b00ecde1941">3,315</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net loss</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i09cb26294a344cec99919ae0f2611c2c_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfOC0xMS0xLTEtMA_c14c3b50-689c-4c4b-b1c1-56f13b5e7b13">10,122</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i6c11f6f692374f6ca0acbb34ae8a3fab_D20200701-20200930" decimals="-3" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfOC0xMy0xLTEtMA_58547928-161c-47af-84ff-a165fb74e77d">9</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfOC0xNS0xLTEtMA_b663ce16-8577-4fce-bde8-4cd77b5fedcc">10,113</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash contributions from noncontrolling interests</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i6c11f6f692374f6ca0acbb34ae8a3fab_D20200701-20200930" decimals="-3" name="us-gaap:NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfOS0xMy0xLTEtMA_0147fc0a-6850-425c-8f09-17c170ff9540">2</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="us-gaap:NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfOS0xNS0xLTEtMA_fca96b9d-6c05-4e7a-b4f4-94c05abd8610">2</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions declared per share ($<ix:nonFraction unitRef="usdPerShare" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="3" name="us-gaap:CommonStockDividendsPerShareDeclared" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTEtMC0xLTEtMC90ZXh0cmVnaW9uOjZkZjNkNWZjZWIzYTRlMjNhNmQ4NDA2NTQ4MzRlMDM0XzM4_23ddff2d-beb2-46d1-8c2f-cb8f18372af7">0.135</ix:nonFraction>) </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i67b19866e9b344fcb86440d33b1f4c8c_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTEtOS0xLTEtMA_348db83e-0f7a-4aa0-bc96-dcf7e1b7766c">20,402</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTEtMTUtMS0xLTA_bcef315e-1d9c-4ea9-b0fb-58e40efc4fbf">20,402</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, September&#160;30, 2020</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if248b10effb64ed79a716de190c07a58_I20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItMS0xLTEtMA_f879a36c-0b7a-4427-b7d4-2570f7f7d0f3">169,391,402</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if248b10effb64ed79a716de190c07a58_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItMy0xLTEtMA_5fa3eecf-8575-4f4f-ba7b-6fa86fc2a98a">1,694</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia619a7e90a57441bad842e1d60ef3d33_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItNS0xLTEtMA_20f06955-3186-4007-ad9d-45dcbdfb94b8">1,885,398</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ie935da92b98e438c8bc56e5d22390f43_I20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItOS0xLTEtMA_2dea56b3-9302-4515-bda5-86ec8ccb0bf8">460,708</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if49522e04280420c86726cd29afce23d_I20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItMTEtMS0xLTA_d9318954-9518-4908-859f-ebf6b63ab197">7,592</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="id9c87506e7484604bf446a14e71366f5_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItMTMtMS0xLTA_d4a9d662-4f6f-47a2-bd6f-e39bbcff9248">5,941</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTItMTUtMS0xLTA_8033ff1a-08d6-4572-8b1b-3ad93cc4ae17">1,424,733</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, January 1, 2020</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i619f598dbce64313ae522a956559c477_I20191231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtMS0xLTEtMA_e68f4c3d-0ded-4ff4-b38e-98bccb915711">165,745,572</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i619f598dbce64313ae522a956559c477_I20191231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtMy0xLTEtMA_56714bab-fddf-4ebc-a037-a2c3e6e51cae">1,658</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i970e34b710fd4cbc8cc34ca6b0d210e4_I20191231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtNS0xLTEtMA_ab145685-2bdb-4dc5-a7bf-27410a2b64b9">1,860,734</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ib18e82231d234f94a04246521b046f0b_I20191231" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtOS0xLTEtMA_69868c1e-607a-4eac-bc1f-acbe23314bfe">398,939</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2914b4a2fd6a4126a9c6ce3edb942625_I20191231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtMTEtMS0xLTA_70525cda-344f-4488-824f-5cd61bd32e2c">29,283</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib675201be5f94471844f31dc86206375_I20191231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtMTMtMS0xLTA_ef044c1a-443f-4d32-aacf-113d4480a874">6,021</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1cd724d757204d5c833aea87f31f072d_I20191231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTQtMTUtMS0xLTA_04d04e02-9002-4d86-96b5-7ba4d51d1092">1,498,757</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of common stock</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTUtMS0xLTEtMA_7102b79e-864a-4a34-a541-e56ec45ea4a4">22,227,749</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="-3" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTUtMy0xLTEtMA_68e24c27-c033-4ab9-95d6-2f3aa1ac9810">222</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i8f333758669842ae9516cfa660b90769_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTUtNS0xLTEtMA_42506bf8-a28b-4c34-9e66-db1c4024a718">269,868</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTUtMTUtMS0xLTA_4afbb9c5-2544-4ebe-b56b-ae0072d1cbe8">270,090</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repurchase of shares</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTYtMS0xLTEtMA_20ad03dc-c3bb-4060-9101-978bf462343c">18,597,052</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="-3" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTYtMy0xLTEtMA_53befff1-4787-441f-9bea-492c344cc396">186</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i8f333758669842ae9516cfa660b90769_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTYtNS0xLTEtMA_7d01cdfd-45e7-433a-96f1-6830fb3a7a05">222,915</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTYtMTUtMS0xLTA_e679f00e-9ec9-4234-91b2-d409cb202867">223,101</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Conversion of shares</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="0" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTctMS0xLTEtMA_accc4cf5-496e-42b6-a1d2-47f7fb138c02">867</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:ConversionOfStockAmountIssued1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTctMTUtMS0xLTA_328e9507-9969-40ea-87f5-86b02067ed03">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i8f333758669842ae9516cfa660b90769_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTgtNS0xLTEtMA_a1da495b-32b9-4db3-a3ca-af8ee1f47b59">22,481</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTgtMTUtMS0xLTA_bebd1007-2a1f-4558-8071-ab7309c91c02">22,481</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stock based compensation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ia90e33afb1474cc88e14b02ad92aed57_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensationGross" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTktMS0xLTEtMA_a9446f39-2d1a-4bfc-bfb9-c3446e4d553e">16,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i8f333758669842ae9516cfa660b90769_D20200101-20200930" decimals="-3" name="us-gaap:StockGrantedDuringPeriodValueSharebasedCompensationGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTktNS0xLTEtMA_b13467d5-ed99-4cb0-98f1-51df45a5034f">192</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:StockGrantedDuringPeriodValueSharebasedCompensationGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMTktMTUtMS0xLTA_1a265c81-961c-4f11-885c-8f5d65226f31">192</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net loss</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ib65fc114d06745a69fe5d96b5b21859e_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjAtMTEtMS0xLTA_45fcc341-28e1-4950-8caf-5d809fbba50e">36,875</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1656760bdbc5457197b12b087e2ac131_D20200101-20200930" decimals="-3" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjAtMTMtMS0xLTA_9fb29654-a9da-481c-912d-a8be7ed9e8ea">17</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjAtMTUtMS0xLTA_02303a7b-430d-42b4-9062-b82c3bc30a09">36,858</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash contributions from noncontrolling interests</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1656760bdbc5457197b12b087e2ac131_D20200101-20200930" decimals="-3" name="us-gaap:NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjItMTMtMS0xLTA_94b8d61e-8054-4165-b219-10df8afa5bda">3</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjItMTUtMS0xLTA_ba9ed3c9-c777-4322-8424-2b1bc45a4b82">3</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash distributed to noncontrolling interests</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i1656760bdbc5457197b12b087e2ac131_D20200101-20200930" decimals="-3" name="us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjMtMTMtMS0xLTA_88705c41-0240-4adf-a0f5-f2a30f7bb5ba">100</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjMtMTUtMS0xLTA_3693355b-2f0b-4266-8f9b-93e2d82059af">100</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions declared per share ($<ix:nonFraction unitRef="usdPerShare" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="3" name="us-gaap:CommonStockDividendsPerShareDeclared" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjQtMC0xLTEtMC90ZXh0cmVnaW9uOjM4NmQ3N2Q1MjJlNzQzMTZiOTRmYzk2YjNmMDI1YjRkXzM5_b5f37d29-8bb2-4b8f-9c4b-ccdc81027465">0.405</ix:nonFraction>) </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i13cf514a2a524c2f893bb93c61466b6e_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjQtOS0xLTEtMA_271ad653-a85a-4c64-83ec-a3fb92de9692">61,769</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjQtMTUtMS0xLTA_e17ab433-b079-48bd-9f20-b02bc1d35f1f">61,769</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, September&#160;30, 2020</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if248b10effb64ed79a716de190c07a58_I20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtMS0xLTEtMA_4d95f849-96c3-4cf3-b429-2b491d8a85a1">169,391,402</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if248b10effb64ed79a716de190c07a58_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtMy0xLTEtMA_94850d3b-83bd-49db-b5f8-96633ff0b8bf">1,694</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia619a7e90a57441bad842e1d60ef3d33_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtNS0xLTEtMA_df6af4c7-3ba7-4095-bfc4-b52f37ecaafc">1,885,398</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ie935da92b98e438c8bc56e5d22390f43_I20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtOS0xLTEtMA_3a4d35ba-78da-4483-8328-9d53445284e2">460,708</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if49522e04280420c86726cd29afce23d_I20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtMTEtMS0xLTA_bc0632f7-c112-4a64-a3c0-6f30c4d2d438">7,592</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="id9c87506e7484604bf446a14e71366f5_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtMTMtMS0xLTA_8264a5f2-c8c0-440f-927c-cd8e76623e65">5,941</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjUtMTUtMS0xLTA_880869e0-7f85-44fa-bba8-44022a007722">1,424,733</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, July 1, 2021</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i62fb4f6d991146a48133b71f7618fac8_I20210630" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctMS0xLTEtMA_2fedbff0-9fb6-4daf-923d-93b20def9a52">184,454,753</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i62fb4f6d991146a48133b71f7618fac8_I20210630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctMy0xLTEtMA_687ec53b-37d6-4980-b3d1-7ac77675c50d">1,845</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if12fe948f8c74bb8ac0a9546dc32a21f_I20210630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctNS0xLTEtMA_2dde528d-06f0-4703-a7de-9597738088c7">2,040,114</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i24ffa12da812408b99ab35b33153c3db_I20210630" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctOS0xLTEtMA_e5278fdc-7d0b-468f-aac4-80d2bec879df">525,732</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0608166f7503446b9fcbb84e13a41af9_I20210630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctMTEtMS0xLTA_c69d544a-558f-421c-8d53-d783910e76d1">11,605</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia119d11765a64014b3c2f2dc33ed4c0d_I20210630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctMTMtMS0xLTA_0804bfcb-38eb-47dd-8899-87d5e256d8f1">19,768</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i605493011ae34da3ac94ff89529cd610_I20210630" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjctMTUtMS0xLTA_b58cadcc-dd46-4b92-8dec-428849653f2f">1,547,600</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of common stock</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjgtMS0xLTEtMA_0e2cba53-63b9-4d22-8454-1ef961f44d20">12,288,669</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="-3" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjgtMy0xLTEtMA_a97bb3d6-d93c-4913-98a0-9f7aaf1adfd8">122</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib073e8fa3cbb4b2bbd41c7d3dcc15c4c_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjgtNS0xLTEtMA_0fb29348-546b-401e-bfc5-6696fa229fac">152,178</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjgtMTUtMS0xLTA_e86e172f-cd77-4bc8-a9f5-3d4be681b799">152,300</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repurchase of shares</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjktMS0xLTEtMA_1e9cecb1-ecef-4c64-aafa-56e7b4f718df">2,358,010</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="-3" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjktMy0xLTEtMA_429deb2b-2956-436d-9c46-d04bdb9dd209">24</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ib073e8fa3cbb4b2bbd41c7d3dcc15c4c_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjktNS0xLTEtMA_6a58721c-d610-4841-b5d6-a0ac457f66ed">29,340</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMjktMTUtMS0xLTA_e4a2aa0c-e548-456e-9cc8-d46c8a988d5a">29,364</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Conversion of shares</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzAtMS0xLTEtMA_f671cc3b-00d0-4ae0-a4ec-718c007db954">2,501</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:ConversionOfStockAmountIssued1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzAtMTUtMS0xLTA_a2e933c6-0661-489e-b77b-a57b7251d371">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ib073e8fa3cbb4b2bbd41c7d3dcc15c4c_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzEtNS0xLTEtMA_42e34551-826a-44c3-8cdc-126a3437665c">14,796</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzEtMTUtMS0xLTA_7e88a762-d552-466c-8dc4-dd306d44dfa8">14,796</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stock based compensation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i41e4f6930cf749558cdf45a3edcbd363_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensationGross" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzItMS0xLTEtMA_6e56f95a-645e-4aca-a9a4-91a89fade6c1">4,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib073e8fa3cbb4b2bbd41c7d3dcc15c4c_D20210701-20210930" decimals="-3" name="us-gaap:StockGrantedDuringPeriodValueSharebasedCompensationGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzItNS0xLTEtMA_ca682b7a-af71-4123-b9fa-2bf63b9df1b8">49</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:StockGrantedDuringPeriodValueSharebasedCompensationGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzItMTUtMS0xLTA_d4f4fa51-f3e7-4b51-bba3-ebad3e71869b">49</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net loss</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i28434be0f9d341f8bacad03ac120331b_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzMtMTEtMS0xLTA_b82e8062-ab2c-4165-943a-d0da4a81cb77">19,252</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="iceae2a6f9d4545a8b253bfaf91ba0429_D20210701-20210930" decimals="-3" sign="-" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzMtMTMtMS0xLTA_372edd10-f971-46cf-8dd5-8abf35e216fe">94</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzMtMTUtMS0xLTA_07a315c3-d92b-49e8-81c5-1db8d6f6c8ba">19,346</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash contributions from noncontrolling interests</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,423&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,423&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash distributed to noncontrolling interests</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="iceae2a6f9d4545a8b253bfaf91ba0429_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzUtMTMtMS0xLTA_e6f315ee-d104-41b9-9052-fc4c7c57a293">1,819</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzUtMTUtMS0xLTA_498b8e5e-58bf-4124-89c5-7f072a620d4a">1,819</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions declared per share ($<ix:nonFraction unitRef="usdPerShare" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="3" name="us-gaap:CommonStockDividendsPerShareDeclared" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzYtMC0xLTEtMC90ZXh0cmVnaW9uOmZmZGI4NzU4ZWMxYTQ2Njk5MDU2NjNmOThkYWVkM2NjXzM4_b814456c-ef34-449d-9995-5280821383b5">0.135</ix:nonFraction>) </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i7762b1ee7aae4fb899b6e993c0c9e5df_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzYtOS0xLTEtMA_289e4f71-6f41-4a2e-93a8-5f98b0b3bf3b">23,388</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzYtMTUtMS0xLTA_b13bb129-a71e-4274-aff8-74f66b1e49cd">23,388</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, September&#160;30, 2021</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="id6fd02e0665d43d58318dc463bcdc083_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctMS0xLTEtMA_d8507de0-c4a4-4f87-a9bb-54067835d937">194,386,911</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="id6fd02e0665d43d58318dc463bcdc083_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctMy0xLTEtMA_f620efce-eb2e-4ede-bb0c-94ff959847de">1,943</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7734f1edb7894bb29b89fd0bd452fce1_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctNS0xLTEtMA_7882e3cd-1559-4da4-b725-3d1fb962b0f9">2,148,205</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i535477095a584becb8ddf09f6e36db72_I20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctOS0xLTEtMA_5bcbd6ea-ad9f-485b-a845-500a83bdb8e0">549,120</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="id10c603836d546468d9812920ed1e723_I20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctMTEtMS0xLTA_e8b3a04f-9767-4d88-9619-ea729e469b57">7,647</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i56c7e8cb14024a728011b8163c725a99_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctMTMtMS0xLTA_857ccd6a-b851-4190-8cbc-d48f88058d2a">21,278</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzctMTUtMS0xLTA_b6a84d1e-0932-43af-ae14-31237e0c702a">1,614,659</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, January 1, 2021</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if80828426da2435982eac6adf0bd4933_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktMS0xLTEtMA_c2c4218f-1afd-4579-83bb-99c9d8e3916c">173,104,467</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if80828426da2435982eac6adf0bd4933_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktMy0xLTEtMA_8c382a4e-8dc4-4ba0-ae80-6ba97a758706">1,731</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9c03fad3467e4581bc559f3504d9e72f_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktNS0xLTEtMA_fee88a4e-8361-4b37-91b7-cde4ea304467">1,922,136</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i1b68687413db4761addf37a272102371_I20201231" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktOS0xLTEtMA_81de187f-1672-4b8e-98f2-11d7e493a74e">481,760</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i3c0cbba4054d4ebe81051584a4a0f3b5_I20201231" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktMTEtMS0xLTA_0ed1a555-bd7e-444e-8613-ba908995bc5e">14,723</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iad49d66ec4ad46df81893f10dec39aae_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktMTMtMS0xLTA_7195e952-b0ff-4580-a8d3-94d05c12093b">20,039</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfMzktMTUtMS0xLTA_cfcd7e0e-a437-4f95-a1fe-44824c9bea3b">1,447,423</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of common stock</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDAtMS0xLTEtMA_60219ba1-303d-4b0c-9316-884646c9ae93">30,588,256</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="-3" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDAtMy0xLTEtMA_b6590200-f4d6-411c-bd82-053316667d9e">305</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i799067b42cf7449a8c6d5ffae8a3a846_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDAtNS0xLTEtMA_ee690622-b2e2-4d34-8486-45d6b845181c">369,256</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueNewIssues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDAtMTUtMS0xLTA_c69b51d7-d39e-4efd-a2f9-8c37688d725c">369,561</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repurchase of shares</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDEtMS0xLTEtMA_36541f86-6814-41cc-83ff-d9c7d73c07c0">9,322,654</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="-3" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDEtMy0xLTEtMA_946f2076-41f6-4bb3-81e0-c2f8e6e97cfe">93</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i799067b42cf7449a8c6d5ffae8a3a846_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDEtNS0xLTEtMA_e95d1668-e712-417d-a70f-aab1d0c515c3">111,406</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDEtMTUtMS0xLTA_b4db56bc-9f43-4c36-840f-a28e5c1f7f11">111,499</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Conversion of shares</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDItMS0xLTEtMA_143babfd-7be5-4a76-89ca-2bd0794c5218">3,158</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:ConversionOfStockAmountIssued1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDItMTUtMS0xLTA_5b89978a-4823-4192-889c-912214b13329">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i799067b42cf7449a8c6d5ffae8a3a846_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDMtNS0xLTEtMA_1a2509d6-26df-497f-85b3-7be1276b0c5d">32,019</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDMtMTUtMS0xLTA_0b1b9b8f-fbdc-469c-819b-dce1a5db9790">32,019</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stock based compensation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensationGross" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDQtMS0xLTEtMA_fe25afe4-9fd6-4f08-94d4-b2dcbe044849">20,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i799067b42cf7449a8c6d5ffae8a3a846_D20210101-20210930" decimals="-3" name="us-gaap:StockGrantedDuringPeriodValueSharebasedCompensationGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDQtNS0xLTEtMA_ce065d97-1d62-4d74-be3c-b844362d53f7">238</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:StockGrantedDuringPeriodValueSharebasedCompensationGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDQtMTUtMS0xLTA_d5b8e331-ebe9-492d-b6cb-ab50d0faddae">238</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net income</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i282cfa4afb144769a77bb589cf734759_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDUtMTEtMS0xLTA_165afdcf-9ad2-4e4c-a1e1-4eb1e621f972">7,076</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3b5d59e5787049cdab301fbe4c259ebf_D20210101-20210930" decimals="-3" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDUtMTMtMS0xLTA_e807b8c5-8ea8-439e-a7a7-4c9f2ad53235">34</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLossFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDUtMTUtMS0xLTA_fb70ffe6-b545-4b9f-a2fd-5c2dae568d43">7,110</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash contributions from noncontrolling interests</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3b5d59e5787049cdab301fbe4c259ebf_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDctMTMtMS0xLTA_72540821-4a1b-465c-8e39-f2dd2d789a15">3,423</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDctMTUtMS0xLTA_74e8ee47-595e-4adf-95b4-5dd7b70935b5">3,423</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash distributed to noncontrolling interests</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i3b5d59e5787049cdab301fbe4c259ebf_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDgtMTMtMS0xLTA_d502f7eb-80bb-40ec-bb6d-b2d9916cd653">2,218</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDgtMTUtMS0xLTA_424c576a-b444-4d16-b270-9d7b22537ef4">2,218</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions declared per share ($<ix:nonFraction unitRef="usdPerShare" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="3" name="us-gaap:CommonStockDividendsPerShareDeclared" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDktMC0xLTEtMC90ZXh0cmVnaW9uOmE1ZjkwZTcwY2MzOTRhODg5N2Y0ZWVlNzkyZTE3ODkyXzM5_c1961ed7-8046-4c4f-b00d-0ab6ad3b4c3f">0.405</ix:nonFraction>) </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i5f222adb39ab4f2c90cb91847f93a94d_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDktOS0xLTEtMA_b7239297-49d8-41f2-b2cb-a6f61f3d1b9b">67,360</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DividendsCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNDktMTUtMS0xLTA_b9ac276a-b751-4caf-b1d9-2b088996b715">67,360</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Balance, September&#160;30, 2021</span></div></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="id6fd02e0665d43d58318dc463bcdc083_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:SharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtMS0xLTEtMA_f078eb74-34a1-4da6-9aa1-f02b9b2d6345">194,386,911</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="id6fd02e0665d43d58318dc463bcdc083_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtMy0xLTEtMA_238727b3-f5f4-4336-b546-302e5ab07de4">1,943</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7734f1edb7894bb29b89fd0bd452fce1_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtNS0xLTEtMA_55957676-7fca-4b18-b6a2-b46e185a157c">2,148,205</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i535477095a584becb8ddf09f6e36db72_I20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtOS0xLTEtMA_c3f9f03d-cc53-4ec1-abb4-2cbc66330f5f">549,120</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="id10c603836d546468d9812920ed1e723_I20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtMTEtMS0xLTA_7992c4c8-d798-420b-aef2-f051cf7bc1ff">7,647</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i56c7e8cb14024a728011b8163c725a99_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtMTMtMS0xLTA_09cc49e4-c8fb-44c6-8238-c1b5315de832">21,278</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xOS9mcmFnOjMzMDJlNDdhMTdmODQ0YjhhZDIwZWRlM2ZiM2E3ZTM5L3RhYmxlOjExNmE2ZWQyZTMyZDQ4MGNhZWNhZTRkZTZmZTgzN2RlL3RhYmxlcmFuZ2U6MTE2YTZlZDJlMzJkNDgwY2FlY2FlNGRlNmZlODM3ZGVfNTAtMTUtMS0xLTA_e6684ca0-b173-4b07-99ab-435279b28220">1,614,659</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See notes to consolidated financial statements.</span></div><div style="height:14.4pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_22"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CONSOLIDATED STATEMENTS OF CASH FLOWS</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$ in thousands (Unaudited)</span></div><div style="margin-top:10pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:67.421%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.273%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.274%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">CASH FLOWS FROM OPERATING ACTIVITIES:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income (loss)</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMi0xLTEtMS0w_cf242039-0211-4c51-9d80-538fc453cab5">7,110</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMi0zLTEtMS0w_72ae4371-b5ac-4f1f-bb6f-c59f6c7b7f83">36,858</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjustments to reconcile net income to net cash provided by operating activities:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Depreciation and amortization</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Depreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNC0xLTEtMS0w_7de29629-0f8c-45c4-ad0b-d5cc923e1bb1">63,948</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Depreciation" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNC0zLTEtMS0w_6d4827b0-8165-410f-ae95-dcf084f2dc96">55,852</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gain on disposition of property and extinguishment of debt</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:GainLossOnSaleOfPropertyPlantEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNS0xLTEtMS0w_abe97738-d3f7-4858-b5fa-d9984d20bc7b">33,422</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:GainLossOnSaleOfPropertyPlantEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNS0zLTEtMS0w_ab206e41-992f-462b-8eff-38cf17da6959">1,772</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized gain upon sale of marketable securities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNy0xLTEtMS0xODE_ae6ebf45-0e7e-4539-b718-52db90e09495">38</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNy0zLTEtMS0yMDA_94c3b3f7-c054-4889-bee2-a3d4d8ccef0f">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net unrealized loss in fair value of marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfOC0xLTEtMS0xODE_f14db04f-b917-4443-883c-dd634e3ddf6a">1,711</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfOC0zLTEtMS0yMDA_7adf0c7c-6878-4b26-819a-54e2320ab845">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Straight line rent</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:StraightLineRentAdjustments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNy0xLTEtMS0w_5dd0b771-4cd8-4126-950a-ac855fd2c723">2,707</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" name="us-gaap:StraightLineRentAdjustments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNy0zLTEtMS0w_25c0bd41-5075-4eb2-872c-431e124c8423">740</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss from unconsolidated real estate affiliates and fund investments</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfOS0xLTEtMS0w_ab35783b-d85e-4b86-8afc-2d9e68e37098">4,021</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfOS0zLTEtMS0w_4ada6bae-230a-4a22-bfea-08c8dec920bd">16,186</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Distributions from unconsolidated real estate affiliates and fund investments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherOperatingActivitiesCashFlowStatement" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTAtMS0xLTEtMA_7bbb728e-635f-488a-86ab-a23eb160e104">8,121</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherOperatingActivitiesCashFlowStatement" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTAtMy0xLTEtMA_1787fcac-ed20-405e-b4b7-7eb8264a2d77">3,443</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net changes in assets, liabilities and other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTEtMS0xLTEtMA_629e0dfc-c477-48bb-8b4c-4a884aaf04f0">15,748</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTEtMy0xLTEtMA_80b36fbf-6a12-4f3b-9f81-ccb9ebecea1e">11,903</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash provided by operating activities</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetCashProvidedByUsedInOperatingActivities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTItMS0xLTEtMA_11f1b8e9-ec57-443b-9a54-f9d91d0b7308">64,492</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetCashProvidedByUsedInOperatingActivities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTItMy0xLTEtMA_2627c9bd-2da4-48ea-b629-7d1fd48faf88">51,558</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">CASH FLOWS FROM INVESTING ACTIVITIES:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Purchase of real estate investments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireCommercialRealEstate" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTQtMS0xLTEtMA_dd43d1bd-fa6f-4cdc-bc8b-212a70d35551">718,890</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireCommercialRealEstate" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTQtMy0xLTEtMA_9b658489-dd9a-4a06-9331-06e0b8f516aa">101,220</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from sale of real estate investments and fixed assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromSaleOfRealEstateHeldforinvestment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTUtMS0xLTEtMA_31f6a2b2-02fb-47c1-a060-15b2af699181">66,992</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromSaleOfRealEstateHeldforinvestment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTUtMy0xLTEtMA_226d9015-390b-4ead-b2e7-10cba032afb3">5,372</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital improvements and lease commissions</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTYtMS0xLTEtMA_ad572bae-5d57-4ca4-bb53-a5bdfb07988c">21,254</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTYtMy0xLTEtMA_71d020c0-ebb4-47d2-84f4-f62603c7af92">8,056</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investment in unconsolidated real estate affiliates</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireInterestInSubsidiariesAndAffiliates" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTgtMS0xLTEtMA_a74872ff-f428-4f97-85f5-1fb59a686322">207,866</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireInterestInSubsidiariesAndAffiliates" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTgtMy0xLTEtMA_bbb70814-8664-48ce-ac59-902da6374af6">3,788</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deposits for investments under contract</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireOtherInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTktMS0xLTEtMA_6e99af13-30a3-45c9-83a9-e725ce1b2703">4,159</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsToAcquireOtherInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMTktMy0xLTEtMA_953902a4-322d-45ff-8028-a6fd20916e1f">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investment in marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireMarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjUtMS0xLTEtMTg5_b679ab70-24d8-455b-9479-c0b7f3a994e2">31,170</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsToAcquireMarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjUtMy0xLTEtMjA1_e795869e-f9c7-4289-b2a4-bf0bcb017eac">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from sale of marketable securities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromSaleAndMaturityOfMarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjYtMS0xLTEtMTg5_83baa5f1-5ef5-49ad-85c3-c3d5bb119b36">1,320</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:ProceedsFromSaleAndMaturityOfMarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjYtMy0xLTEtMjA1_25ff7560-76d8-408a-8121-0468ffaaebc1">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash used in investing activities</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetCashProvidedByUsedInInvestingActivities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjMtMS0xLTEtMA_90f54111-9343-43c4-b03a-f3f47ee223df">915,027</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetCashProvidedByUsedInInvestingActivities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjMtMy0xLTEtMA_f60ace1e-0865-480f-bc66-67641345ffaf">107,692</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">CASH FLOWS FROM FINANCING ACTIVITIES:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Issuance of common stock</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjUtMS0xLTEtMA_86e168f9-2e01-4431-8ea8-fb99eddd6d66">484,169</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjUtMy0xLTEtMA_93b3abaf-5453-46b6-8a0c-dd66746417aa">247,601</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Repurchase of shares</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForRepurchaseOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjYtMS0xLTEtMA_9247357e-b388-445d-861d-82a6b5ad82fc">111,499</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForRepurchaseOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjYtMy0xLTEtMA_dbcc64f9-914d-45d2-b647-5ef0abdffbd0">221,662</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjgtMS0xLTEtMA_397f052a-71ed-4596-a759-8657a90d9870">12,252</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjgtMy0xLTEtMA_8af88fdb-19b7-49a8-afba-1a589e160ac7">13,660</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Distributions to stockholders</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfOrdinaryDividends" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjktMS0xLTEtMA_be7c8478-e033-4aba-96d7-f99e2d3d9ba3">24,296</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfOrdinaryDividends" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMjktMy0xLTEtMA_93d68aa1-0737-4158-9bf8-2a64163d0457">27,988</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Distributions paid to noncontrolling interests</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToMinorityShareholders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzAtMS0xLTEtMA_096ca1b8-08ad-4ed3-9012-9dc2af71b704">2,218</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:PaymentsToMinorityShareholders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzAtMy0xLTEtMA_1059d85e-ab96-46d5-9ba0-d3a84e8363f8">100</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Contributions received from noncontrolling interests</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromMinorityShareholders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzEtMS0xLTEtMA_b64aeea8-b2cb-4392-b01f-93dfaa6b4285">3,423</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:ProceedsFromMinorityShareholders" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzEtMy0xLTEtMA_18ccb63c-0e25-4a1b-bab1-f73eef0c17f3">3</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deposits for loan commitments </span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsForProceedsFromDepositOnLoan" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzItMS0xLTEtMA_3f9a659f-a57c-4a4c-a650-f8ddbff12032">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:PaymentsForProceedsFromDepositOnLoan" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzItMy0xLTEtMA_558d17cf-1e5d-4736-ba92-22b24dfc135b">405</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Draws on credit facility</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromLinesOfCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzMtMS0xLTEtMA_99773add-a25a-4781-9ae2-e23fa3480c37">550,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromLinesOfCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzMtMy0xLTEtMA_911a003d-f297-4e54-904a-5eae77e37e1f">200,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payment on credit facility</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RepaymentsOfLinesOfCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzQtMS0xLTEtMA_0a62d241-2acf-45e9-8f00-58b1d01869ab">140,000</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RepaymentsOfLinesOfCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzQtMy0xLTEtMA_195011a7-efc0-4036-8135-d01ffb9ed190">100,000</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from mortgage notes and other debt payable</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfLongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzUtMS0xLTEtMA_e32a7f67-982b-481a-95f0-4287494fae72">322,382</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfLongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzUtMy0xLTEtMA_4989fd31-c991-46db-a382-3f18ed60f36d">35,900</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Debt issuance costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfDebtIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzYtMS0xLTEtMA_655fd6a0-65da-46d5-9f7f-42b6effb6707">6,959</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:PaymentsOfDebtIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzYtMy0xLTEtMA_5ef05995-d075-4847-81c6-a4e0b6379b2e">52</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payment on early extinguishment of debt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsOfDebtExtinguishmentCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzctMS0xLTEtMA_1f6b0aed-753a-4e7d-9893-1bcfd956bee2">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfDebtExtinguishmentCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzctMy0xLTEtMA_ee6b81fc-9ad5-4ffd-9bef-eb0de85d746a">1,457</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Principal payments on mortgage notes and other debt payable</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RepaymentsOfSecuredDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzgtMS0xLTEtMA_065bc132-0672-4d9b-8177-ca27c4ef9822">84,582</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RepaymentsOfSecuredDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzgtMy0xLTEtMA_4d9911fe-5dad-4a34-ba62-a782b9943397">88,023</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash provided by financing activities</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetCashProvidedByUsedInFinancingActivities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzktMS0xLTEtMA_1793c4b3-277a-441e-973b-26909e0f24c8">978,168</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetCashProvidedByUsedInFinancingActivities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfMzktMy0xLTEtMA_cfb4a1ec-a878-44c6-a863-8ac63690d6a5">30,157</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net increase in cash, cash equivalents and restricted cash</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDAtMS0xLTEtMA_254c22ab-dc7a-410d-9e21-434294e7d258">127,633</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDAtMy0xLTEtMA_86394d8c-4900-4a62-9121-a0c4bb2ee6b4">25,977</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash at the beginning of the period</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDItMS0xLTEtMA_78ff9a2f-e5d9-44ff-b9ed-ec1c18a2427c">101,434</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1cd724d757204d5c833aea87f31f072d_I20191231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDItMy0xLTEtMA_640f90c3-38d3-43da-b2b9-12c29d62424c">114,022</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash at the end of the period</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDMtMS0xLTEtMA_11407a77-4fc4-49de-92e1-0b3faa6d82b6">229,067</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDMtMy0xLTEtMA_dd443849-31d6-438d-9d57-4b440c4b1aba">88,045</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reconciliation of cash, cash equivalents and restricted cash shown per Consolidated Balance Sheets to cash, cash equivalents and restricted cash per Consolidated Statements of Cash Flows</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash and cash equivalents</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashAndCashEquivalentsAtCarryingValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDYtMS0xLTEtMA_a5afca93-58d4-4ea2-8ad1-ff8bd7bd11b4">188,380</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashAndCashEquivalentsAtCarryingValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDYtMy0xLTEtMA_03a552f8-2930-438f-bcf5-c73e5e90d9a9">74,132</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted cash</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RestrictedCashAndCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDctMS0xLTEtMA_fcdde31e-7300-4c99-a1b9-4e94b9f8b17f">40,687</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RestrictedCashAndCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDctMy0xLTEtMA_4c981a83-a846-4b4c-ad0b-a033041bc4f2">13,913</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash at the end of the period</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDktMS0xLTEtMA_4e5b3dfb-ba88-476c-bb4f-fdaeeca571cb">229,067</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNDktMy0xLTEtMA_fc15b6d0-70cc-4e0f-8a47-bbe73901b142">88,045</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Supplemental disclosure of cash flow information:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest paid</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestPaidNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTItMS0xLTEtMA_36959ab6-88fe-49c1-bed1-7fdca4327b8e">26,541</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestPaidNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTItMy0xLTEtMA_505c1fef-0559-4a0a-8b99-0e97d3e539ce">26,994</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Non-cash activities:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Write-offs of receivables</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" name="jllipt:WriteOffsOfReceivables" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTQtMS0xLTEtMA_6144f8eb-4d72-4596-9a60-28f17a22cfbe">38</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" name="jllipt:WriteOffsOfReceivables" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTQtMy0xLTEtMA_e3fbf14f-d7ec-4bf2-bd20-2f4fcab1b730">53</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Write-offs of retired assets and liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:WriteOffsOfRetiredAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTUtMS0xLTEtMA_1c5da6cf-fab1-4e8d-8012-2dd343bd3274">4,312</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:WriteOffsOfRetiredAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTUtMy0xLTEtMA_9943f048-49cd-497d-a8ed-92834bb35db4">9,341</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in liability for capital expenditures</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" name="jllipt:ChangeinLiabilityforCapitalExpenditures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTYtMS0xLTEtMA_dfb504f0-ae90-447a-bce9-3cce4ca82baa">29</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="jllipt:ChangeinLiabilityforCapitalExpenditures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTYtMy0xLTEtMA_bf207417-82be-463a-8d2a-537fb338cc09">525</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net liabilities transferred at disposition of real estate investment</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:BusinessCombinationConsiderationTransferred1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTgtMS0xLTEtMA_b2569c98-a97b-4c18-95cb-f6892507006f">230</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:BusinessCombinationConsiderationTransferred1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTgtMy0xLTEtMA_88a68192-c6e7-4218-bfc0-e02c14283a84">63</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net liabilities assumed at acquisition</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LiabilitiesAssumed1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTktMS0xLTEtMA_56446480-830f-4d1e-936b-bd3998b910e4">1,369</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:LiabilitiesAssumed1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNTktMy0xLTEtMA_59095135-c844-49aa-81af-d7797986cbba">538</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in issuance of common stock receivable and redemption of common stock payable</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:Stockissuedbutnotyetreceived" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNjEtMS0xLTEtMA_047a39b3-fe30-4e83-b8f3-782aa0cc524d">6,371</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Stockissuedbutnotyetreceived" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNjEtMy0xLTEtMA_9c5725e0-d107-4ef4-9d03-c053323e239b">2,938</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in accrued offering costs</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ChangeinAccruedOfferingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNjItMS0xLTEtMA_92ef8b4e-6495-4743-b3a2-804cadb70546">19,767</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i71046401e2894bf6b6de72946b515e1b_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ChangeinAccruedOfferingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNjItMy0xLTEtMA_30fc28e6-a479-4ddb-88d7-789f400dee69">8,821</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Assumption of mortgage notes payables</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoncashOrPartNoncashAcquisitionDebtAssumed1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNjMtMS0xLTEtMA_3d096a8e-c2b4-475c-bb23-413d8ee74e6e">53,219</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:NoncashOrPartNoncashAcquisitionDebtAssumed1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yMi9mcmFnOjczMDdkY2VkZTQyYjQyYmE5YzM4NGJhNGUwZGY0ZGY5L3RhYmxlOjk0NjBmMDc3ZTY2NzQyNjNhOTZmM2FjMDUxZjBlYjE5L3RhYmxlcmFuZ2U6OTQ2MGYwNzdlNjY3NDI2M2E5NmYzYWMwNTFmMGViMTlfNjMtMy0xLTEtMA_2613861b-22e4-4861-9f81-0404aca3fcd7">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See notes to consolidated financial statements. </span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_25"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$ in thousands, except per share amounts</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_28"></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:NatureOfOperations" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNjc0Ng_0882eccf-9003-4f89-888d-63106e63eaae" continuedAt="i7e34cc7ac87c4b2dbe924c24d6aee96a" escape="true"><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1&#8212;ORGANIZATION</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">General</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Except where the context suggests otherwise, the terms &#8220;we,&#8221; &#8220;us,&#8221; &#8220;our&#8221; and the &#8220;Company&#8221; refer to Jones Lang LaSalle Income Property Trust, Inc. The terms &#8220;Advisor&#8221; and &#8220;LaSalle&#8221; refer to LaSalle Investment Management, Inc.</span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-right:13.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Jones Lang LaSalle Income Property Trust, Inc. is an externally advised, daily valued perpetual-life real estate investment trust ("REIT") that owns and manages a diversified portfolio of residential, industrial, office, retail and other properties located in the United States. Over time, our real estate portfolio may be further diversified on a global basis through the acquisition of properties outside of the United States and may be complemented by investments in real estate-related debt and equity securities. We were incorporated on <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt:date-monthname-day-year-en" name="dei:EntityIncorporationDateOfIncorporation" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNzk4_8c6ef375-9664-4046-b819-181b4b2e255c">May&#160;28, 2004</ix:nonNumeric> under the laws of the State of Maryland. We believe that we have operated in such a manner to qualify to be taxed as a REIT for federal income tax purposes commencing with the taxable year ended December 31, 2004, when we first elected REIT status. As of September&#160;30, 2021, we owned interests in a total of <ix:nonFraction unitRef="number" contextRef="ie7a7c5c53bd6463aa8ae3c1f4e37cdc1_I20210930" decimals="0" name="us-gaap:NumberOfRealEstateProperties" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfMTA5Mw_dcd9ef54-d546-455b-a735-ef59aa9711a9">98</ix:nonFraction> properties and over 4,000 single-family rental houses located in <ix:nonFraction unitRef="number" contextRef="ie7a7c5c53bd6463aa8ae3c1f4e37cdc1_I20210930" decimals="0" name="us-gaap:NumberOfStatesInWhichEntityOperates" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNjU5NzA2OTc3NDQzMw_094e9816-4337-49da-8b63-ae960bcf0e95">26</ix:nonFraction> states.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We own all or substantially all of our assets through JLLIPT Holdings, LP, a Delaware limited partnership (our &#8220;operating partnership&#8221;), of which we are limited partner and JLLIPT Holdings GP, LLC, our wholly owned subsidiary, is the sole general partner. The use of our operating partnership to hold all or substantially all of our assets is referred to as an Umbrella Partnership Real Estate Investment Trust ("UPREIT").  By using an UPREIT structure, a property owner who desires to defer taxable gain on the disposition of his property may transfer the property to our operating partnership in exchange for limited partnership interests in the operating partnership ("OP Units") and defer taxation of gain until the limited partnership interests are disposed of in a taxable transaction. As of September&#160;30, 2021, we raised aggregate proceeds from the issuance of OP Units in our operating partnership of $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfMjQwOA_2edfbc12-82aa-4c9c-952b-747d52f19601"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfMjQwOA_a19bf76c-a0d8-4b5d-91ff-b334e71b42d1">14,242</ix:nonFraction></ix:nonFraction>, and owned directly or indirectly <ix:nonFraction unitRef="rate" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="INF" name="us-gaap:SaleOfStockPercentageOfOwnershipAfterTransaction" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfMjQ0NQ_7231d94c-9f87-47ac-96c5-d31770b4a832">99.4</ix:nonFraction>% of the OP Units of our operating partnership.  The remaining <ix:nonFraction unitRef="rate" contextRef="ib50c33da264f4b84a27064a0cdafa907_D20210101-20210930" decimals="INF" name="us-gaap:SaleOfStockPercentageOfOwnershipAfterTransaction" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfMjUwOQ_43dfafe6-9dc9-4b98-8caa-4466b5f24d6d">0.6</ix:nonFraction>% of the OP Units are held by third parties.</span></div><div style="margin-top:9pt;padding-right:13.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From our inception to September&#160;30, 2021, we have received approximately $<ix:nonFraction unitRef="usd" contextRef="i27591ba6770640968f26eac3f56997cf_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CommonStockValueOutstanding" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNjU5NzA2OTc3Nzk0OQ_631f6462-cb36-4c0a-a06e-de19a03be04c">3,661,870</ix:nonFraction> in gross offering proceeds from various public and private offerings of shares of our common stock.  On October 1, 2012,  we commenced our initial public offering of common stock and since that time we have offered shares of our common stock in various public offerings registered with the Securities and Exchange Commission (the "SEC").  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On&#160;July&#160;6, 2018,&#160;our most recent public offering (the "Current Public Offering") of up to&#160;$<ix:nonFraction unitRef="usd" contextRef="id8119c2a36ff4ddfb441f916d8a19269_D20180706-20210331" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Commonstockauthorizedinofferingofnewshares" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfMzMxMA_6b50b696-3b93-4623-a9b6-35d5a2ecdea2">3,000,000</ix:nonFraction>&#160;in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock was declared effective by the SEC. As of September&#160;30, 2021, we have raised aggregate gross proceeds from the sale of shares of our common stock in our Current Public Offering of $<ix:nonFraction unitRef="usd" contextRef="i0b6dbede01ae4c959bdbc8cd87892a39_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CommonStockValueOutstanding" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNDAwMw_99b370d9-15f0-4427-af65-1dc54e5a0c21">1,227,818</ix:nonFraction>.  We intend to continue to offer shares on a continuous basis for an indefinite period of tie by filing  anew registration statement before the end of each offering, and on June 4, 2021, we filed a new registration statement to register a follow-on public offering (the Follow-on Public Offering" of up to $<ix:nonFraction unitRef="usd" contextRef="i6d14f500542847e8b8bc5b7c8b1ebdcc_D20210604-20230331" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Commonstockauthorizedinofferingofnewshares" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNjU5NzA2OTc3NzE2OA_b71a4317-0692-46d8-be98-9db3cce654ab">3,000,000</ix:nonFraction> in any combination of shares or our Class A, Class M, Class A-I and Class M-I common stock.  As of November&#160;10, 2021, our Follow-on Public Offering has not been declared effective.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to our public offerings, on March 3, 2015, we commenced a private offering (the "Private Offering") of up to $<ix:nonFraction unitRef="usd" contextRef="id27d26567e1b402bb44ebdeaf5718caf_D20150303-20150303" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Commonstockvalueauthorizedduringprivateoffering" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNDU5OQ_71d733bc-3f96-4755-aacd-d1a8e13af301">350,000</ix:nonFraction> in shares of our Class D common stock with an indefinite duration. </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, we have raised aggregate gross proceeds of $<ix:nonFraction unitRef="usd" contextRef="i00516017a4454a14a098054ffc34ea82_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CommonStockValueOutstanding" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNDc5OA_6da65709-c70b-4799-95fa-2c3c46b8d3f7">98,188</ix:nonFraction>.  In addition, on October 16, 2019,&#160;we, through our operating partnership, initiated a program (the &#8220;DST Program&#8221;) to raise up to $<ix:nonFraction unitRef="usd" contextRef="i7d79ef65f7934263bc56e98e1098c7ba_D20191016-20191016" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:CommonstockvalueauthorizedduringDSToffering" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNDkxOA_7025d7f9-a80f-42bd-8be3-475c55062642">500,000</ix:nonFraction>, which our board of directors increased to $1,000,000 on August 10, 2021, in private placements exempt from registration under the Securities Act of 1933, as amended, through the sale of beneficial interests to accredited investors in specific Delaware statutory trusts holding real properties ("DST Properties"), which may be sourced from our real properties or from third parties.  As of September&#160;30, 2021, we have raised $<ix:nonFraction unitRef="usd" contextRef="i668a95fb931a4d6e8a87f72fd82f35fc_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CommonStockValueOutstanding" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTMyMw_d8b84863-d442-4cce-9596-a21aaa89a03c">300,427</ix:nonFraction> from our DST Program.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021, <ix:nonFraction unitRef="shares" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTM1OA_16dc2abf-f926-4545-8fb0-4ffe34368ab1"><ix:nonFraction unitRef="shares" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTM1OA_71bc42e2-a873-4f61-8a06-c2c07f6a803e">96,013,268</ix:nonFraction></ix:nonFraction> shares of Class A common stock, <ix:nonFraction unitRef="shares" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesIssued" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTM5Mw_c8a3c35f-4b1f-4ea1-90f7-6177afd0a68a"><ix:nonFraction unitRef="shares" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTM5Mw_e3dd3740-1c57-45c1-88d5-61e57b78b8a9">35,541,455</ix:nonFraction></ix:nonFraction> shares of Class M common stock, <ix:nonFraction unitRef="shares" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTQyOA_5934314f-1a80-401a-9502-29f332822c64">9,074,648</ix:nonFraction> shares of Class A-I common stock, <ix:nonFraction unitRef="shares" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTQ2NQ_2a76adda-c513-47fe-8858-ba10813029dd">46,244,259</ix:nonFraction> shares of Class M-I common stock, and <ix:nonFraction unitRef="shares" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTUwNg_756b535c-65d1-4159-a330-1349792d74d2">7,513,281</ix:nonFraction> shares of Class D common stock were outstanding and held by a total of <ix:nonFraction unitRef="number" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="0" format="ixt:num-dot-decimal" name="jllipt:NumberOfStockholders" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNTU4MA_c23f9085-8765-4ace-b674-b94e9e581a01">19,118</ix:nonFraction> stockholders.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">LaSalle acts as our advisor pursuant to the advisory agreement among us, our operating partnership and LaSalle (the "Advisory Agreement"). The term of our Advisory Agreement expires June&#160;5, 2022, subject to an unlimited number of successive one-year renewals.  Our Advisor, a registered investment advisor with the SEC, has broad discretion with respect to our investment decisions and is responsible for selecting our investments and for managing our investment portfolio pursuant to </span></div></ix:nonNumeric><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="i7e34cc7ac87c4b2dbe924c24d6aee96a" continuedAt="ic45e9c49aa8e4e87b336f6903e619ae0">the terms of the Advisory Agreement. Our executive officers are employees of and compensated by our Advisor. We have no employees, as all operations are managed by our Advisor. </ix:continuation></span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="ic45e9c49aa8e4e87b336f6903e619ae0">LaSalle is a wholly owned, but operationally independent subsidiary of Jones Lang LaSalle Incorporated ("JLL" or our "Sponsor"), a New York Stock Exchange-listed leading professional services firm that specializes in real estate and investment management.  As of September&#160;30, 2021, JLL and its affiliates owned an aggregate of <ix:nonFraction unitRef="shares" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:InvestmentOwnedBalanceShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNjU2NA_b86ed2dc-4494-4c27-81ab-e9f528a72143">2,521,801</ix:nonFraction> Class M shares, which were issued for cash at a price equal to the most recently reported net asset value ("NAV") per share as of the purchase date and have a current value of $<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InvestmentOwnedAtFairValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8yOC9mcmFnOmE4NGFiZjA3YzE0ZTQxNmI5NWNjODhiNWQ4MjkzZjQ2L3RleHRyZWdpb246YTg0YWJmMDdjMTRlNDE2Yjk1Y2M4OGI1ZDgyOTNmNDZfNjc0Mw_66a93114-c970-467e-b6a6-ee93ea791caa">32,103</ix:nonFraction>.</ix:continuation> </span></div><div id="i14b6c28632be4a8892cac6528a8e850f_31"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 2&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:SignificantAccountingPoliciesTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3ODc_0677b02e-5cf2-4733-848c-0917e77a359d" continuedAt="ic3efbf9b809243618e91b7e967e457f6" escape="true">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </ix:nonNumeric></span></div><ix:continuation id="ic3efbf9b809243618e91b7e967e457f6" continuedAt="ibfcfcf2f58e844b39088f5b0cbd262b7"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ConsolidationPolicyTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3ODM_ce194ac6-21f5-47a3-9f30-63b8ff2e8ede" continuedAt="i9fac42ff342b441bb2ef82ebc7215649" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation and Principles of Consolidation </span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;), the instructions to Form 10-Q and Rule 10-01 of Regulation S-X and include the accounts of our wholly owned subsidiaries, consolidated variable interest entities ("VIE") and the unconsolidated investment in real estate affiliates accounted for under the equity method of accounting. We consider the authoritative guidance of accounting for investments in common stock, investments in real estate ventures, investors accounting for an investee when the investor has the majority of the voting interest but the minority partners have certain approval or veto rights, determining whether a general partner or general partners as a group controls a limited partnership or similar entity when the limited partners have certain rights and the consolidation of VIEs in which we own less than a <ix:nonFraction unitRef="rate" contextRef="i60cfeca2095f4a229948fd1e1f44325c_I20210930" decimals="4" name="us-gaap:MinorityInterestOwnershipPercentageByParent" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTA0Mw_4b2e8196-cfd7-439f-9d85-43a0b41c187e">100</ix:nonFraction>% interest.  All significant intercompany balances and transactions have been eliminated in consolidation.</span></div><div><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Parenthetical disclosures are shown on our Consolidated Balance Sheets regarding the amounts of VIE assets and liabilities that are consolidated. As of September&#160;30, 2021, our VIEs included The District at Howell Mill, Grand Lakes Marketplace, Presley Uptown, 237 Via Vera Cruz, 4211 Starboard Drive and 13500 Danielson Drive due to the joint venture structures and our partners having limited participation rights and no kick-out rights. The creditors of our VIEs do not have general recourse to us.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Noncontrolling interests represent the minority members&#8217; proportionate share of the equity in our VIEs. At acquisition, the assets, liabilities and noncontrolling interests were measured and recorded at the estimated fair value. Noncontrolling interests will increase for the minority members&#8217; share of net income of these entities and contributions and decrease for the minority members&#8217; share of net loss and distributions. As of September&#160;30, 2021, noncontrolling interests represented the minority members&#8217; proportionate share of the equity of the entities listed above as VIEs.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain of our joint venture agreements include provisions whereby, at certain specified times, each party has the right to initiate a purchase or sale of its interest in the joint ventures at an agreed upon fair value. Under these provisions, we are not obligated to purchase the interest of our outside joint venture partners.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the accounting policies described in the consolidated financial statements and related notes included in our Annual Report on Form 10-K filed with the SEC on March&#160;12, 2021 (our &#8220;2020 Form 10-K&#8221;) and should be read in conjunction with such consolidated financial statements and related notes. The following notes to these interim consolidated financial statements highlight changes to the notes included in the December&#160;31, 2020 audited consolidated financial statements included in our 2020 Form 10-K and present interim disclosures as required by the SEC.</span></div></ix:nonNumeric><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="i9fac42ff342b441bb2ef82ebc7215649">The interim financial data as of September&#160;30, 2021 and for the three and nine months ended September 30, 2021 and 2020 is unaudited. In our opinion, the interim data includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results for the interim periods.</ix:continuation>  </span></div></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="ibfcfcf2f58e844b39088f5b0cbd262b7" continuedAt="i99fbbe8d4a35416b82d6fc1f0bbe67ff"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3ODk_9c5dd53c-a78a-4454-b500-c8cc5c32d608" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Restricted Cash</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Restricted cash includes amounts established pursuant to various agreements for loan escrow accounts, loan commitments and property sale proceeds. When we sell a property, we can elect to enter into a like-kind exchange pursuant to the applicable Internal Revenue Service guidance whereby the proceeds from the sale are placed in escrow with a qualified intermediary until a replacement property can be purchased.  At September&#160;30, 2021, our restricted cash balance on our Consolidated Balance Sheets was primarily related to common stock subscriptions received in advance of the issuance of the common stock and loan escrow amounts.</span></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:DeferredChargesPolicyTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3NDc_1f65cbee-f4cb-4670-a237-049a0d35a39d" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Deferred Expenses</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred expenses consist of lease commissions. Lease commissions are capitalized and amortized over the term of the related lease as a component of depreciation and amortization expense. Accumulated amortization of deferred expenses at September&#160;30, 2021 and December&#160;31, 2020 was $<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AccumulatedAmortizationDeferredFinanceAndLeasingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNDI2OQ_b4da6cb7-58fc-4622-9925-e1c1b510b86d">7,892</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AccumulatedAmortizationDeferredFinanceAndLeasingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNDI3Ng_8d0c46d8-5348-426b-a388-5498a9e60f31">6,495</ix:nonFraction>, respectively.</span></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:RevenueRecognitionLeases" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY4MTM_25c356fb-4057-4a95-b3c4-14fed619018d" continuedAt="idd6d3886c91e4eb7830d6cb39c5821a9" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Rental Revenue Recognition</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We recognize rental revenue from tenants under operating leases on a straight-line basis over the non-cancelable term of the lease when collectibility of substantially all rents is reasonably assured. Recognition of rental revenue on a straight-line basis includes the effects of rental abatements, lease incentives and fixed and determinable increases in lease payments over the lease term. For leases where collection of substantially all rents is not deemed to be probable, revenue is recorded equal to cash that has been received from the tenant.&#160; We evaluate the collectibility of rents and other receivables at each reporting period based on factors including, among others, tenant's payment history, the financial condition of the tenant, business conditions and trends in the industry in which the tenant operates and economic conditions in the geographic area where the property is located. If evaluation of these factors or others indicates it is not probable we will collect substantially all rent we recognize an adjustment to rental revenue. If our judgment or estimation regarding probability of collection changes we may adjust or record additional rental revenue in the period such conclusion is reached. </span></div></ix:nonNumeric><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="idd6d3886c91e4eb7830d6cb39c5821a9">The COVID-19 pandemic has had a negative impact on some of our tenants' businesses. The duration and extent of the negative effects caused by the COVID-19 pandemic to the economy is uncertain, and as such, collectibility of certain tenants' rent receivable balances in the future is also uncertain. We have taken into account current tenant conditions, which include consideration of COVID-19 in our estimation of the tenants' uncollectible accounts and deferred rents receivable at September&#160;30, 2021. We are closely monitoring the collectibility of such rents and will adjust future estimations as further information becomes known.  During the three months ended September 30, 2021 we recorded an increase in rental revenue due to collections of balances previously thought to be uncollectable of $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:ProvisionForLeaseLosses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjU5NzA2OTc4NTQ2OQ_49c52177-8733-4f7b-8cbc-3ac15a343cc3">583</ix:nonFraction>, and we recorded a reduction in rental revenue of  $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:ProvisionForLeaseLosses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjU5NzA2OTc4NTYxOQ_f1fe8c0c-e260-475b-a880-4875eb65cced">480</ix:nonFraction> for nine months ended September 30, 2021 due to concern of collectibility. During the three and nine months ended September 30, 2021, we recorded a decrease in straight line revenue of $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="jllipt:ProvisionforLeaseLossesStraightLineRent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjMyMg_6c77c8dc-6c8f-4194-859a-3cb1d5d15d1d">14</ix:nonFraction> and an increase of  $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" name="jllipt:ProvisionforLeaseLossesStraightLineRent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjMyOQ_4d88d3a8-19e3-496a-9a10-c976e676ccfc">135</ix:nonFraction>, respectively, as a result of collections from certain tenants. During the three and nine months ended September 30, 2020, we recorded a reduction in rental revenue of $<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="us-gaap:ProvisionForLeaseLosses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjQ1NQ_02bc4329-e4e9-49e4-84f6-d7e799158637">710</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProvisionForLeaseLosses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjQ2Mg_a35552b3-839f-4928-a6d6-c891aa10d10f">2,701</ix:nonFraction>, respectively, and a reduction in straight line revenue of $<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="jllipt:ProvisionforLeaseLossesStraightLineRent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjUyNA_fe5b4863-c2a1-4d68-bf6e-f0ed66628cce">30</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ProvisionforLeaseLossesStraightLineRent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjUzMQ_460fc7d4-603e-44d7-9de6-e5311d8643ba">2,141</ix:nonFraction> due to concern of collectibility, respectively.  During the three and nine months ended September 30, 2021, we deferred $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" name="jllipt:Rentreliefprovidedtotenantsbydeferral" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjYxMA_21223ca8-ae84-4c94-aa0a-3fe1515be95e">699</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" name="jllipt:Rentreliefprovidedtotenantsbydeferral" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjYxNw_dda8ad02-95ee-4c76-92cf-c1c28d0131e9">937</ix:nonFraction>, respectively, and abated $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="jllipt:Rentreliefprovidedtotenantsbyabatement" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjY0Ng_8eeb8d2d-5300-41b4-9a54-0a8097ad0b8c">299</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="jllipt:Rentreliefprovidedtotenantsbyabatement" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjY1Mw_4ac0aed6-4af0-4a15-b0b5-568be26cdc57">553</ix:nonFraction>, respectively, of rental revenue. During the three and nine months ended September 30, 2020, we deferred $<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="jllipt:Rentreliefprovidedtotenantsbydeferral" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjcxNw_7576edbf-9db3-4cdb-873c-88080e0629f3">679</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:Rentreliefprovidedtotenantsbydeferral" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMzg0ODI5MDcxNDEwNg_6c1957f7-b68c-4fa4-9f59-1a7557e99381">1,851</ix:nonFraction>, respectively, and abated $<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="jllipt:Rentreliefprovidedtotenantsbyabatement" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNjczMQ_0acca505-5114-43bb-b058-6c8e2e098d8e">113</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="jllipt:Rentreliefprovidedtotenantsbyabatement" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMzg0ODI5MDcxNDEwOQ_917f188a-3894-4a26-82d2-dd3ed84f3140">970</ix:nonFraction> of rental revenue, respectively.</ix:continuation> </span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:BusinessCombinationsPolicy" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3ODA_6bb83acf-5183-4f2a-befe-6b36a6f0cc90" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Acquisitions</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have allocated a portion of the purchase price of our acquisitions to acquired intangible assets, which include acquired in-place lease intangibles, acquired above-market in-place lease intangibles and acquired ground lease intangibles, which are reported net of accumulated amortization of $<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNzA3NQ_bdab582b-7c41-4a92-bf9c-64479708560f">100,585</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNzA4Mg_5f0c4772-1fc2-40d4-b66a-bc45fb05a1e2">82,699</ix:nonFraction> at September&#160;30, 2021 and December&#160;31, 2020, respectively, on the accompanying Consolidated Balance Sheets. The acquired intangible liabilities represent acquired below-market in-place leases, which are reported net of accumulated amortization of $<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FiniteLivedIntangibleLiabilityAccumulatedAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNzMwMQ_9764b8a8-85d9-481e-8bb0-a029e93cfc4d">14,471</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FiniteLivedIntangibleLiabilityAccumulatedAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfNzMwOA_9ea9c830-b9bd-417d-8fe3-24aab298cc91">12,724</ix:nonFraction> at September&#160;30, 2021 and December&#160;31, 2020, respectively, on the accompanying Consolidated Balance Sheets.</span></div></ix:nonNumeric></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">9</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="i99fbbe8d4a35416b82d6fc1f0bbe67ff" continuedAt="i65c8e99c43d04afca7d10f71148e8609"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:FairValueMeasurementPolicyPolicyTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3ODY_7fe44911-5934-43b0-b85b-0246cdac9478" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Assets and Liabilities Measured at Fair Value </span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Financial Accounting Standards Board&#8217;s (&#8220;FASB&#8221;) guidance for fair value measurement and disclosure states that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering assumptions, authoritative guidance establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:</span></div><div style="margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Level&#160;1</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that we have access to at the measurement date.</span></div><div style="margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Level&#160;2</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;Observable inputs, other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly.  Level&#160;2 inputs are those in markets for which there are few transactions, the prices are not current, little public information exists or instances where prices vary substantially over time or among brokered market makers.</span></div><div style="margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Level&#160;3</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;Unobservable inputs for the asset or liability.  Unobservable inputs are those inputs that reflect our own assumptions that market participants would use to price the asset or liability based on the best available information.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The authoritative guidance requires the disclosure of the fair value of our financial instruments for which it is practicable to estimate that value. The guidance does not apply to all balance sheet items. Market information as available or present value techniques have been utilized to estimate the amounts required to be disclosed. Since such amounts are estimates, there can be no assurance that the disclosed value of any financial instrument could be realized by immediate settlement of the instrument.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Real estate fund investments accounted for under the fair value option fall within Level 3 of the hierarchy.  The fair value is recorded based upon changes in the NAV of the limited partnership as determined from the financial statements of the real estate fund.  During the nine months ended September 30, 2021 and 2020, we recorded a decrease in fair value classified within the Level 3 category of $<ix:nonFraction unitRef="usd" contextRef="i911a2ce5b77c486ea096c55fa87c0946_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfOTcyMA_84dc0790-fef5-4f4e-bccd-5deb6cc5e715">2,849</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i047f314b92fa45869456eaa43bb0d664_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfOTcyNw_c6434748-2c3d-4ff1-aa64-56af0c127390">14,737</ix:nonFraction>, respectively, in our investment in the NYC Retail Portfolio (see </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_37">Note 4-Unconsolidated Real Estate Affiliates and Fund Investments</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">).</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have estimated the fair value of our mortgage notes and other debt payable reflected on the Consolidated Balance Sheets at amounts that are based upon an interpretation of available market information and valuation methodologies (including discounted cash flow analysis with regard to fixed rate debt) for similar loans made to borrowers with similar credit ratings and for the same maturities. The fair value of our mortgage notes and other debt payable using Level 2 inputs was $27,738 and $<ix:nonFraction unitRef="usd" contextRef="ia194a319477b43d1a1dfe84fed46585a_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayableFairValueDisclosure" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTAzNTQ_ab4ae5f0-093f-4d62-9ffe-5ef49ec215f3">30,923</ix:nonFraction> higher than the aggregate carrying amounts at September&#160;30, 2021 and December&#160;31, 2020, respectively. Such fair value estimates are not necessarily indicative of the amounts that would be realized upon disposition of our mortgage notes payable.</span></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:DerivativesReportingOfDerivativeActivity" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3NTI_e8cb83a3-339f-476c-ab36-a10b1a68dad1" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Derivative Financial Instruments</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We record all derivatives on the Consolidated Balance Sheets at fair value in prepaid expenses and other assets or accounts payable and other accrued expenses. Changes in the fair value of our derivatives are recorded as a component of interest expense on our Consolidated Statements of Operations as we have not designated our derivative instruments as hedges. Our objective in using interest rate derivatives is to manage our exposure to interest rate movements. To accomplish this objective, we use interest rate swaps.</span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfDerivativeInstrumentsTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY4MDI_610a0bc6-f8fe-42ea-b8a4-cab94479663d" escape="true"><div style="margin-bottom:5pt;margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021, we had the following outstanding interest rate derivatives related to managing our interest rate risk:</span></div><div style="margin-top:5pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:69.444%"><tr><td style="width:1.0%"></td><td style="width:38.268%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.531%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.797%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate Derivative</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Instruments</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Notional Amount</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest Rate Swaps</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="number" contextRef="i02f21d35789f4bb8bece3638ac2030a8_I20210930" decimals="0" name="us-gaap:DerivativeNumberOfInstrumentsHeld" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RhYmxlOjUzZjZjMmRjZWVlZTQxNWY5YjI1MTE4ZmZjMzE1MDkyL3RhYmxlcmFuZ2U6NTNmNmMyZGNlZWVlNDE1ZjliMjUxMThmZmMzMTUwOTJfMi0yLTEtMS0w_c96d849e-1c82-4967-8b15-4cedba624dc5">5</ix:nonFraction></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i02f21d35789f4bb8bece3638ac2030a8_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DerivativeNotionalAmount" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RhYmxlOjUzZjZjMmRjZWVlZTQxNWY5YjI1MTE4ZmZjMzE1MDkyL3RhYmxlcmFuZ2U6NTNmNmMyZGNlZWVlNDE1ZjliMjUxMThmZmMzMTUwOTJfMi00LTEtMS0w_4dc9fa70-5363-4632-ba62-baf243913b4f">190,000</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div></ix:nonNumeric><div style="margin-bottom:5pt;margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of our interest rate swaps represent liabilities of $<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DerivativeAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTEzMDk_546a4271-3255-4bd0-aa14-6a4d26d60ebf">3,897</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DerivativeAssets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTEzMTY_7f3178f5-82e4-43f0-acb7-d1a1541562c0">6,500</ix:nonFraction> at September&#160;30, 2021 and December&#160;31, 2020, respectively.</span></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:MarketableSecuritiesPolicy" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMzg0ODI5MDcxNzI3OQ_2f6bf188-6a79-47fc-8f2e-86f3212d6414" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Investment in Marketable Securities</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In accordance with our investment guidelines, investments in marketable securities consist of stock of publicly traded REITs.  The net unrealized change in the fair value of our investments in marketable securities is recorded in earnings as part of net income in accordance with Accounting Standard Update ("ASU") 2016-1, Financial Statements - Overall (Subtopic 825-10) - Recognition and Measurement of Financial Assets and Financial Liabilities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">.</span></div></ix:nonNumeric></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="i65c8e99c43d04afca7d10f71148e8609"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:LesseeOperatingLeasesTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3OTM_b1774ecf-deb4-458d-ba57-f88d32ebd09a" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Ground Lease</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021, we have a single ground lease arrangement for which we are the lessee and recorded a right-of-use asset within prepaid expenses and other assets on our Consolidated Balance Sheets in the amount of $<ix:nonFraction unitRef="usd" contextRef="i234878f1173644de87d9648a8c4581ac_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseRightOfUseAsset" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTE1Njc_84112222-3f64-4999-a99a-33bfc90e6a0c">2,114</ix:nonFraction> and a lease liability within accounts payable and other liabilities on our Consolidated Balance Sheets in the amount of $<ix:nonFraction unitRef="usd" contextRef="i234878f1173644de87d9648a8c4581ac_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:SBGGroundLease" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTE2OTE_e681d8c4-4f36-4f79-b687-305d03531da3">2,249</ix:nonFraction>.</span></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:UseOfEstimates" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY3NDY_5777b663-5b27-4d0d-a172-aea631f083d8" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. For example, significant estimates and assumptions have been made with respect to useful lives of assets, recoverable amounts of receivables, fair value of derivatives and real estate assets, initial valuations and related amortization periods of deferred costs and intangibles, particularly with respect to property acquisitions. Actual results could differ from those estimates.</span></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMTY4MTY_dac4f060-90f5-47a5-a87d-2898656f7677" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Recently Issued Accounting Pronouncements</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In April 2020, the FASB issued a question and answer document that focused on the application of lease guidance applicable on concessions related to the effects of the COVID-19 pandemic. Per the guidance, we made an election to account for lease concessions related to the effects of the COVID-19 pandemic consistent with how those concessions would be accounted for under Topic 842, Leases, as though enforceable rights and obligations for those concessions existed.  </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2020, the FASB issued ASU No. 2020-04,&#160;Reference Rate Reform (Topic 848) ("ASU 2020-04"), which provides guidance containing practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. We are evaluating the impact of this guidance.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments Credit Losses (Topic 326), which changes how entities measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current incurred loss model with an expected loss approach, resulting in more timely recognition of such losses. In November 2018, the FASB released ASU 2018-19, Codification Improvements to Topic 326, Financial Instrument - Credit Losses, which clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. The guidance was effective for us as of January 1, 2020 and did not have a material impact on our consolidated financial statements.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Effective January 1, 2019, we adopted ASU 2016-02 Leases and 2018-11 Leases: Targeted Improvements (Topic 842) ("ASU 842"). The new guidance sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e., lessees and lessors). We elected a practical expedient, by class of underlying assets, to not separate non-lease components from the related lease components and, instead, to account for those components as a single lease component, when certain criteria are met. Upon adoption, we reclassified these components for prior periods to conform with the current period presentation. We also elected permitted practical expedients to not reassess lease classification and use of the standard&#8217;s effective date as the date of initial application and therefore financial information under ASU 842 is not provided for periods prior to January 1, 2019. The accounting for lessors remained largely unchanged from previous GAAP; however, the standard required that lessors expense, on an as-incurred basis, certain initial direct costs that are not incremental in negotiating a lease. Under previous standards, certain of these costs were capitalizable and therefore this new standard will result in certain of these costs being expensed as incurred after adoption. Additionally, the standard requires lessors to evaluate whether the collectability of all rents is probable before recognizing rental revenues on a straight-line basis over the applicable lease term. The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight line basis over the term of the lease.  A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification.  Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. As of September&#160;30, 2021, we have a ground lease arrangement for which we are the lessee and recorded a right-of-use asset within prepaid expenses and other assets on our Consolidated Balance Sheets in the amount of $<ix:nonFraction unitRef="usd" contextRef="i234878f1173644de87d9648a8c4581ac_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseRightOfUseAsset" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMjc0ODc3OTA4NzI4Mw_84112222-3f64-4999-a99a-33bfc90e6a0c">2,114</ix:nonFraction> and a lease liability within accounts payable and other liabilities on our Consolidated Balance Sheets in the amount of <ix:nonFraction unitRef="usd" contextRef="i234878f1173644de87d9648a8c4581ac_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:SBGGroundLease" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zMS9mcmFnOjFhNmY4YWYyNjNhZTRkMWY5Yzc1NzQ4OWZiNjcyZDFlL3RleHRyZWdpb246MWE2ZjhhZjI2M2FlNGQxZjljNzU3NDg5ZmI2NzJkMWVfMjc0ODc3OTA4NzI4Nw_e681d8c4-4f36-4f79-b687-305d03531da3">2,249</ix:nonFraction>.</span></div></ix:nonNumeric></ix:continuation><div id="i14b6c28632be4a8892cac6528a8e850f_34"></div><div style="margin-top:14pt;text-indent:27pt"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 3&#8212;PROPERTY</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The primary reason we make acquisitions of real estate investments in the industrial, office, residential, retail and other property sectors is to invest capital contributed by stockholders in a diversified portfolio of real estate assets. All references to square footage and units are unaudited.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Acquisitions</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On January 21, 2021, we acquired Louisville Distribution Center, a <ix:nonFraction unitRef="sqft" contextRef="i5bec1a1d61dd4a2db0fc9d033812d294_I20210121" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzk3_a7bf5d11-c3be-40b4-af21-89020cb4fd10">1,040,000</ix:nonFraction> square foot industrial property located in Shepherdsville, Kentucky for approximately $<ix:nonFraction unitRef="usd" contextRef="i5bec1a1d61dd4a2db0fc9d033812d294_I20210121" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfNDg2_5074fb8a-76ef-45cf-b10e-d1a4b9d9c09a">95,000</ix:nonFraction>. The acquisition was funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 2, 2021, we acquired 170 Park Ave, a <ix:nonFraction unitRef="sqft" contextRef="i720240f684ef46fab926141d6c2f197d_I20210202" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfNTg1_a8933093-bb98-4833-81b7-e41db3cf1be9">147,000</ix:nonFraction> square foot life sciences property located in Florham Park, New Jersey for approximately $<ix:nonFraction unitRef="usd" contextRef="i720240f684ef46fab926141d6c2f197d_I20210202" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfNjc3_093b2626-e599-46a9-8ed2-abf25d1dabde">46,600</ix:nonFraction>. The acquisition was funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 23, 2021, we acquired Southeast Phoenix Distribution Center, a four property industrial distribution center totaling <ix:nonFraction unitRef="sqft" contextRef="ic3bc4a2a7c0947adbd37c93b263f4f84_I20210223" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfODU2_82c9222b-18c0-42dd-a6a4-6979ce8582d8">474,000</ix:nonFraction> square feet located in Chandler, Arizona for approximately $<ix:nonFraction unitRef="usd" contextRef="ic3bc4a2a7c0947adbd37c93b263f4f84_I20210223" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfOTE4_7a5678d4-bcdb-4609-8f9a-f0356cd622a0">91,000</ix:nonFraction>. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 3, 2021, we acquired Princeton North Andover, a newly constructed, 192-unit residential property located in North Andover, Massachusetts, for approximately $<ix:nonFraction unitRef="usd" contextRef="i610fcb2eaf6d457ea6ea5e226134b1a7_I20210503" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTEzMA_4111390e-0a92-4668-b17f-c533e01ad19b">72,500</ix:nonFraction>. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 24, 2021, we acquired Louisville Airport Distribution Center, a nearly <ix:nonFraction unitRef="sqft" contextRef="i77b4b80f71a74b3a9560d856c903b0dd_I20210624" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTI2MA_f1090e71-aa02-423a-ae82-ad24dd0f5afb">284,000</ix:nonFraction> square-foot, newly constructed Class A industrial property located in the Southside/Airport industrial submarket of Louisville, Kentucky for approximately $<ix:nonFraction unitRef="usd" contextRef="i77b4b80f71a74b3a9560d856c903b0dd_I20210624" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTM5NA_a797c5d3-e1d2-4979-9f3e-73fd4645a8e5">32,100</ix:nonFraction>.  The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 2, 2021, we acquired a 95% interest in two industrial buildings, 237 Via Vera Cruz and 13500 Danielson Street, totaling <ix:nonFraction unitRef="sqft" contextRef="i4d8a1d293cca4acfb787479a77321d1d_I20210702" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzg2Nw_1062279f-a841-44b1-ab88-2a8a3d0f15b9">153,000</ix:nonFraction> square feet located in San Marcos and Poway, California, respectively, for approximately $<ix:nonFraction unitRef="usd" contextRef="i4d8a1d293cca4acfb787479a77321d1d_I20210702" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzkwNQ_2d8ae6ed-6933-4e55-85bd-0ab0757b0625">36,640</ix:nonFraction>. The acquisitions were funded with cash on hand.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 9, 2021, we acquired a 95% interest in 4211 Starboard, a <ix:nonFraction unitRef="sqft" contextRef="i55b32baaf3384f7ea9700d6f14d4336a_I20210709" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzg3OQ_02ca66a3-3b0d-46c3-b9ed-ed494944f480">130,000</ix:nonFraction> square foot industrial property located in Fremont, California for approximately $<ix:nonFraction unitRef="usd" contextRef="i55b32baaf3384f7ea9700d6f14d4336a_I20210709" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzg4OQ_2dc522fc-0d80-4754-ac30-7b906b41487c">32,000</ix:nonFraction> using cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 23, 2021, we acquired The Preserve at the Meadows, a 220-unit garden-style residential property in Fort Collins, Colorado, for approximately $<ix:nonFraction unitRef="usd" contextRef="i905e21e9601f4b74bcd244195e068861_I20210823" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzk2NA_fa7462c1-0a24-4b82-8b1a-95f7e5e2dcee">61,000</ix:nonFraction>. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 31, 2021, we acquired The Rockwell, a 204-unit residential property in Berlin, Massachusetts, for approximately $<ix:nonFraction unitRef="usd" contextRef="i72a7bcb41b234634810c9e313d0336c5_I20210831" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzk3NA_4dff9456-8bc0-4681-89ad-04c0d34f6606">84,000</ix:nonFraction>. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 15, 2021, we acquired 9101 Stony Point Drive, an <ix:nonFraction unitRef="sqft" contextRef="i2642386aa02f45eb8763195123db525f_I20210915" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzk5Mw_cd7f31e8-df32-45ac-9918-5339a858f2b1">87,000</ix:nonFraction> square foot, medical office building in Richmond, Virginia, for approximately $<ix:nonFraction unitRef="usd" contextRef="i2642386aa02f45eb8763195123db525f_I20210915" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwMzk4NA_71925e0e-e886-4169-a037-96a0b2cf10f1">52,000</ix:nonFraction>. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 28, 2021, we acquired 5 National Way and 47 National Way, a two-building life sciences center totaling <ix:nonFraction unitRef="sqft" contextRef="ie65a293174d54d2cb679a30d8bf1e9c2_I20210928" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwNjgyOA_22098dcb-3150-4311-8db1-3363643d634c">375,000</ix:nonFraction> square feet, located in Durham, North Carolina for approximately $<ix:nonFraction unitRef="usd" contextRef="i55ee892651e64edab4361b6ca6619c8d_I20210928" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwNjgxOA_7cf2ac7e-0cc5-4b98-8a01-0e9350285752">66,750</ix:nonFraction>. The acquisitions were funded with cash on hand.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 29, 2021, we acquired Miramont Apartments, a 210-unit residential property located in Fort Collins, Colorado, for approximately $<ix:nonFraction unitRef="usd" contextRef="i16cf59f90b5c45cd83927c22aa977939_I20210929" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwNjgzOA_b6cd760f-27f2-4571-aa37-983570a8166d">57,400</ix:nonFraction>. The acquisition was funded with cash on hand and a draw on our line of credit.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 29, 2021, we acquired Pinecone Apartments, a 195-unit residential property located in Fort Collins, Colorado, for approximately $<ix:nonFraction unitRef="usd" contextRef="i16df4539dda542cc85856dc11af174af_I20210929" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMzg0ODI5MDcwNjg0OA_05f3a314-828c-4bfd-a88a-1c8541ea87bd">51,600</ix:nonFraction>. The acquisition was funded with cash on hand and a draw on our line of credit.</span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTk0MA_452a5b9f-02f3-4338-84a8-24b5526d17f8" escape="true"><div style="margin-top:5pt;padding-right:18pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We allocated the purchase price for our 2021 acquisitions in accordance with authoritative guidance as follows:</span></div><div style="margin-top:10pt;padding-right:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:78.578%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.222%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021 Acquisitions</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Land</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i5473ae39b4004707b3d63115ac07dbf7_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Land" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfMS0xLTEtMS0w_829459fb-cd79-4493-bbeb-21276114986e">112,378</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Building and equipment</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i5473ae39b4004707b3d63115ac07dbf7_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InvestmentBuildingAndBuildingImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfMi0xLTEtMS0w_b1030c51-dd50-4667-b816-62e9afc08499">599,830</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">In-place lease intangible (acquired intangible assets)</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i5473ae39b4004707b3d63115ac07dbf7_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfNC0xLTEtMS0w_dbd17929-3814-4553-a365-aacf6c697141">74,979</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Above-market lease intangible (acquired intangible assets)</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i5473ae39b4004707b3d63115ac07dbf7_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfNS0xLTEtMS0w_b17b9f3f-72ac-4961-94f4-e91578d1acde">3,250</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below-market lease intangible (acquired intangible liabilities)</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i5473ae39b4004707b3d63115ac07dbf7_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OffMarketLeaseUnfavorable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfNi0xLTEtMS0w_6e1d6005-65bb-441f-bdc4-ec72f892e21f">16,328</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i5473ae39b4004707b3d63115ac07dbf7_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfMTEtMS0xLTEtMA_f86fe8d1-f331-4463-93ed-f2a2e4df2459">774,109</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization period for intangible assets and liabilities</span></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i9385b09725b1425c97a8d4742ed8e826_D20210101-20210930" format="ixt-sec:durmonth" name="us-gaap:FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfMTItMS0xLTEtMC90ZXh0cmVnaW9uOjU0ZWNlMWQ2MDAxYjQ3ODk4MWZhYzhhZDlkN2ZlYzYxXzQ_13beb9ef-ebf9-453e-8470-3f29986cc442">6</ix:nonNumeric> - <ix:nonNumeric contextRef="i943bd151ce3d4800ab43219b3dadf1b8_D20210101-20210930" format="ixt-sec:durmonth" name="us-gaap:FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RhYmxlOmEzNjI2YTBmMjI4MTQ2ZGM4YTE1ZTkzZTc1MDRiNjA0L3RhYmxlcmFuZ2U6YTM2MjZhMGYyMjgxNDZkYzhhMTVlOTNlNzUwNGI2MDRfMTItMS0xLTEtMC90ZXh0cmVnaW9uOjU0ZWNlMWQ2MDAxYjQ3ODk4MWZhYzhhZDlkN2ZlYzYxXzk_de1e3612-1763-4f72-8f6c-a9534646251f">180</ix:nonNumeric> months</span></div></td></tr></table></div></ix:nonNumeric><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Disposition</span></div><div style="margin-top:5pt;padding-right:18pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On January 8, 2021, we sold South Seattle Distribution Center, a three property industrial center totaling <ix:nonFraction unitRef="sqft" contextRef="i710757eddd224d599b63a316008b49f7_I20210108" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTY3OQ_58a87c24-b461-487c-8a49-3f0376f38ea7">323,000</ix:nonFraction> square feet located in Seattle, Washington for approximately $<ix:nonFraction unitRef="usd" contextRef="i393d3e747c3f46e78b6a3ab6a8402e7d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromSaleOfPropertyHeldForSale" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTc0Mw_4fa987ec-e601-4fba-a42c-4a1248f7ca04">72,600</ix:nonFraction> less closing costs.  In connection with the disposition, the mortgage loan associated with the property of $<ix:nonFraction unitRef="usd" contextRef="i393d3e747c3f46e78b6a3ab6a8402e7d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ExtinguishmentOfDebtAmount" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTg1Mw_f2b56578-0e23-4d45-a5bb-feae7cc22314">17,841</ix:nonFraction> was retired. We recorded a gain on the sale of the property in the amount of $<ix:nonFraction unitRef="usd" contextRef="i393d3e747c3f46e78b6a3ab6a8402e7d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:GainLossOnDispositionOfAssets1" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNC9mcmFnOjJhNmI1ZGYwNjdhYjQzZDM5ODkyNDIxYTc4NDVjMDNlL3RleHRyZWdpb246MmE2YjVkZjA2N2FiNDNkMzk4OTI0MjFhNzg0NWMwM2VfMTkzMw_445ef65f-8bac-4ea1-93f2-22832fd90400">33,580</ix:nonFraction>. </span></div><div id="i14b6c28632be4a8892cac6528a8e850f_37"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 4&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:EquityMethodInvestmentsDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzU5OQ_51c3d4ee-359e-403a-83c8-c3a2d9e61286" continuedAt="i658604216f5c430d8c4dc98de6812196" escape="true">UNCONSOLIDATED REAL ESTATE AFFILIATES AND FUND INVESTMENTS</ix:nonNumeric></span></div><ix:continuation id="i658604216f5c430d8c4dc98de6812196" continuedAt="ic9a1e014acc84058847f4dd95376a557"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to investments in consolidated properties, we may make investments in real estate which are classified as unconsolidated real estate affiliates under GAAP.  The residential sector includes apartment properties and single family rental homes.</span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:EquityMethodInvestmentsTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzU5MQ_cd1a9286-31e2-4900-bed4-3144c3038ea0" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Unconsolidated Real Estate Affiliates</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The following represent our unconsolidated real estate affiliates as of September&#160;30, 2021 and December&#160;31, 2020. </span></div><div style="margin-top:10pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:23.680%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.483%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.976%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.468%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.562%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.566%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Carrying Amount of Investment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property Type</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Location</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Acquisition Date</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;September 30, 2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chicago Parking Garage</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chicago, IL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 23, 2014</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i64763e2ad06a40619d7f9e062bf1c7b2_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfMi04LTEtMS0w_164396ea-a063-4cb9-932c-07c7572e71f7">13,853</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if3d7d998bc154c349e1b724cba998317_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfMi0xMC0xLTEtMA_7a53fa73-a39f-4c82-90f0-8bd02e93e3ff">14,000</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pioneer Tower</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Portland, OR</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">June 28, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf3091ca55834dea802bfc79bf073398_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfMy04LTEtMS0w_3beebca8-67f0-4d13-88f7-b51967027d5a">102,748</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icec4a99a27fd43cca38e2018fdb2e4f8_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfMy0xMC0xLTEtMA_1f3a3ca5-d996-4304-ac91-4cb66678c13d">108,715</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Tremont</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Burlington, MA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">July 19, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iedb0507bddcd4aa48e4c26f652665dda_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNC04LTEtMS0w_55db8bc5-e5db-4d7a-b204-8439a950565e">21,417</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2203de1a8e384c3d86d3a58c39f8a8b6_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNC0xMC0xLTEtMA_364405fd-79e9-4b83-8f7e-a5fee6a099d4">21,430</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Huntington</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Burlington, MA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">July 19, 2018</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ied47f447936645f9af22aa7ebf940a6c_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNS04LTEtMS0w_127795bc-558d-4dc8-8a04-2ef808a08351">10,938</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9c4f8a1a19264046b39387d9eb730280_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNS0xMC0xLTEtMA_e2da7076-0689-4cbb-8fb1-8552830d1435">11,549</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Siena Suwanee Town Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Suwanee, GA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 15, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i813eb7ae969d4804a914757422d5b932_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNi04LTEtMS0w_f53ff46c-993f-4647-b114-3e35d3f79685">30,675</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0a8e6de926fd4c5c800f1855e8bd35b1_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNi0xMC0xLTEtMA_4fc221dd-9af8-4cf9-90a5-7ea79cd38ad9">32,196</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNy04LTEtMS0w_2279a7fc-a745-4208-b206-e23598222df1">179,631</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjliZGFiNWI5Mjc3ZTRlOGM4MjQzNDkzM2FiZTg4NDc5L3RhYmxlcmFuZ2U6OWJkYWI1YjkyNzdlNGU4YzgyNDM0OTMzYWJlODg0NzlfNy0xMC0xLTEtMA_697b023f-bdb1-44e7-a7b2-8b954acaea3c">187,890</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Summarized Combined Statements of Operations&#8212;Unconsolidated Real Estate Affiliates&#8212;Equity Method Investments</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:31.502%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.835%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.128%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.420%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.425%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total revenues</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia0387c135a3f4705bcfdb9ca96aa677c_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMS0xLTEtMS0w_278d6d17-5ba1-4736-8066-386035df041a">5,564</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1d51cb863c6a435fad7e756f45ef46ee_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMS0zLTEtMS0w_445b6175-529e-4c49-b804-939be702d521">3,920</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i969a324e09df43e69e342894897807c0_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMS01LTEtMS0w_d6e8594d-befb-4a2a-b59f-5af766bdaeef">15,964</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i002ac9996bc04ece989a1739487278bf_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMS03LTEtMS0w_de61206f-ffb8-40e3-a1c4-ab4f7faf8de0">12,188</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total operating expenses</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia0387c135a3f4705bcfdb9ca96aa677c_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMi0xLTEtMS0w_104fa674-8bbc-412d-b34b-4ced88cbc3a4">4,958</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1d51cb863c6a435fad7e756f45ef46ee_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMi0zLTEtMS0w_5681072e-e472-4d07-bf1d-514147427b34">4,030</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i969a324e09df43e69e342894897807c0_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMi01LTEtMS0w_79a46e58-086c-4b92-8d4a-839bfdd8a6e4">16,394</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i002ac9996bc04ece989a1739487278bf_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMi03LTEtMS0w_ea33fdde-07f3-403e-ac3f-ddcbd50fe613">12,038</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating income</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia0387c135a3f4705bcfdb9ca96aa677c_D20210701-20210930" decimals="-3" name="us-gaap:OperatingIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMy0xLTEtMS0w_8de59c4b-6123-4e14-a965-3a1356c1ef14">606</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i1d51cb863c6a435fad7e756f45ef46ee_D20200701-20200930" decimals="-3" sign="-" name="us-gaap:OperatingIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMy0zLTEtMS0w_c0c77b76-854f-4d6f-a2ff-3a705c75350d">110</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i969a324e09df43e69e342894897807c0_D20210101-20210930" decimals="-3" sign="-" name="us-gaap:OperatingIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMy01LTEtMS0w_726bf063-c186-4f8b-a322-08d2994c2926">430</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i002ac9996bc04ece989a1739487278bf_D20200101-20200930" decimals="-3" name="us-gaap:OperatingIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfMy03LTEtMS0w_5943c4ad-6723-421c-a5a8-ba7fd5a32dbe">150</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia0387c135a3f4705bcfdb9ca96aa677c_D20210701-20210930" decimals="-3" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNC0xLTEtMS0w_f15ef5bb-bf10-4d71-9d0a-fe57feba307d">834</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i1d51cb863c6a435fad7e756f45ef46ee_D20200701-20200930" decimals="-3" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNC0zLTEtMS0w_0346d7c5-8fa8-4581-8afe-25771fad6136">531</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i969a324e09df43e69e342894897807c0_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNC01LTEtMS0w_cdfe4e38-e512-4ee7-ad78-5911a177958b">2,513</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i002ac9996bc04ece989a1739487278bf_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNC03LTEtMS0w_b4d0d37b-5754-41cd-a53d-52fbb9d4ae94">1,599</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ia0387c135a3f4705bcfdb9ca96aa677c_D20210701-20210930" decimals="-3" sign="-" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNS0xLTEtMS0w_63f58f2e-4272-4796-9dd8-204bd3caf1ae">228</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i1d51cb863c6a435fad7e756f45ef46ee_D20200701-20200930" decimals="-3" sign="-" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNS0zLTEtMS0w_a6e419b1-1843-4214-ade1-3568c1244144">641</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i969a324e09df43e69e342894897807c0_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNS01LTEtMS0w_907e91c7-ca19-452a-aa07-8e90998b55ef">2,943</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i002ac9996bc04ece989a1739487278bf_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:NetIncomeLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOmEyNDg3ZmIzNjE1NTQ3MTdhODU4MDM4NDQzYWQzOGE0L3RhYmxlcmFuZ2U6YTI0ODdmYjM2MTU1NDcxN2E4NTgwMzg0NDNhZDM4YTRfNS03LTEtMS0w_3553d5b4-ef24-4980-b1e8-abd7b8ba801b">1,449</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr></table></div></ix:nonNumeric><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Real Estate Fund Investments</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">NYC Retail Portfolio</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On December 8, 2015, a wholly owned subsidiary of ours acquired an approximate <ix:nonFraction unitRef="number" contextRef="i3a97ca9d7b9b420fa965e25970e6da0c_I20151208" decimals="INF" name="us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfNjA5_f84480a5-665a-419a-9266-f686f2dc2aa1">28</ix:nonFraction>% interest in a newly formed limited partnership, Madison NYC Core Retail Partners, L.P., which acquired an approximate <ix:nonFraction unitRef="number" contextRef="i31b5227023a34296913a331a29f39662_I20151208" decimals="INF" name="us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfNzMw_14aed6e3-5c64-4617-b067-76d677452fe9">49</ix:nonFraction>% interest in entities that initially owned 15 retail properties located in the greater New York City area (the &#8220;NYC Retail Portfolio&#8221;), the result of which is that we own an approximate <ix:nonFraction unitRef="number" contextRef="i2e9b8cc525954b61beea6c0b11b415f9_I20151208" decimals="INF" name="jllipt:RealEstatePropertyOwnershipPercentage" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfOTE4_f78bd727-5a97-4013-be51-cfda348d6c7d">14</ix:nonFraction>% interest in the NYC Retail Portfolio. The purchase price for such portion was approximately $<ix:nonFraction unitRef="usd" contextRef="i2e9b8cc525954b61beea6c0b11b415f9_I20151208" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMTAxMw_d5812a01-b5ec-44ee-b250-00e8322b7ab1">85,600</ix:nonFraction> including closing costs. As of September&#160;30, 2021, the NYC Retail Portfolio owned eight retail properties totaling approximately <ix:nonFraction unitRef="sqft" contextRef="ib1f77a94cbbf406597b9e74a17c84887_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMTEyNg_3a2037f9-822a-4b77-811f-3def21eadd64">1,940,000</ix:nonFraction> square feet across urban infill locations in Manhattan, Brooklyn, Queens and New Jersey. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At acquisition we made the election to account for our interest in the NYC Retail Portfolio under the fair value option. This fair value election was made as the investment is in the form of a commingled fund with institutional partners where fair value accounting provides the most relevant information about the financial condition of the investment. We record increases and decreases in our investment each reporting period based on the change in the fair value of the investment as estimated by the general partner. Critical inputs to NAV estimates include valuations of the underlying real estate assets, which incorporate investment-specific assumptions such as discount rates, capitalization rates and rental growth rates. We did not consider adjustments to NAV estimates provided by the general partner, including adjustments for any restrictions to the transferability of ownership interests embedded within the investment agreement to which we are a party, to be necessary based upon (1) our understanding of the methodology utilized and inputs incorporated to estimate NAV at the investment level, (2) consideration of market demand for the retail assets held by the venture, and (3) contemplation of real estate and capital markets conditions in </span></div></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">13</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="ic9a1e014acc84058847f4dd95376a557"><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the localities in which the venture operates. We have no unfunded commitments. Our investment in the NYC Retail Portfolio is presented on our Consolidated Balance Sheets within real estate fund investment. Changes in the fair value of our investment as well as cash distributions received are recorded on our Consolidated Statements of Operations within income from unconsolidated real estate affiliates and fund investments.  As of September&#160;30, 2021 and December&#160;31, 2020, the carrying amount of our investment in the NYC Retail Portfolio was $<ix:nonFraction unitRef="usd" contextRef="ib1f77a94cbbf406597b9e74a17c84887_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMjk5MQ_289d00a0-e229-4861-a06d-66a67289add1">78,004</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i0d29f488b4f0452399e5b7829f307310_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMjk5OA_1af0e53b-333c-4f66-b9ee-22ab09bbea9e">79,192</ix:nonFraction>, respectively. During the three and nine months ended September 30, 2021, we recorded a decrease in fair value of our investment in the NYC Retail Portfolio of $<ix:nonFraction unitRef="usd" contextRef="i22142d03350a4983bd16d56e4bcfb978_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzExNw_474d1618-4033-4abc-8e80-fdf30cb64614">2,813</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i911a2ce5b77c486ea096c55fa87c0946_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzEyNA_84dc0790-fef5-4f4e-bccd-5deb6cc5e715">2,849</ix:nonFraction>, respectively and received no cash distributions.  During the three and nine months ended September 30, 2021, we made a $<ix:nonFraction unitRef="usd" contextRef="i911a2ce5b77c486ea096c55fa87c0946_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsToAcquireInterestInSubsidiariesAndAffiliates" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfODc5NjA5MzAyNzA1OA_47934475-dcb4-4e7a-8cdd-f34dccf9b94f">1,661</ix:nonFraction> capital contribution to Madison NYC Core Retail Partners, L.P.  During the three and nine months ended September 30, 2020, we recorded a decrease in fair value of our investment in the NYC Retail Portfolio of $<ix:nonFraction unitRef="usd" contextRef="i47c932d2098746a891f243520e86cff3_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzI3OQ_27b1cf57-6ebb-4a66-881f-2a7eecd4697a">2,648</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i047f314b92fa45869456eaa43bb0d664_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzI4Ng_c6434748-2c3d-4ff1-aa64-56af0c127390">14,737</ix:nonFraction>, respectively and received no cash distributions. On March 4, 2020, a retail property in the NYC Retail Portfolio with a square footage of <ix:nonFraction unitRef="sqft" contextRef="ib1f77a94cbbf406597b9e74a17c84887_I20210930" decimals="0" format="ixt:num-dot-decimal" name="jllipt:Areaofunconsolidatedrealestatepropertysold" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzQyOA_64de3a79-fea5-467f-ad60-c9f7f1369694">74,000</ix:nonFraction> was sold and the mortgage loan was extinguished. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Single-Family Rental Portfolio</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 5, 2021, we acquired a <ix:nonFraction unitRef="number" contextRef="ieaa0736f2d374b478baecad30e69d255_I20210805" decimals="INF" name="us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfODc5NjA5MzAyNzA4Mw_1ec1a7e9-509a-4d8a-92d3-c81505af6cdd">47</ix:nonFraction>% interest in a portfolio of approximately 4,000 stabilized single family rental homes located in various markets across the United States, including Atlanta, Dallas, Phoenix, Nashville and Charlotte, among others (the "Single-Family Rental Portfolio"). The portfolio is encumbered by securitized mortgages in a net amount of approximately $<ix:nonFraction unitRef="usd" contextRef="i23c53268bb4f4a2088a940e2b6812efe_I20210805" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfODc5NjA5MzAyNzA5NQ_bef91b67-be95-4484-8d5b-adde7db37dfd">760,000</ix:nonFraction> maturing in the fourth quarter of 2025 at a weighted average interest rate of <ix:nonFraction unitRef="rate" contextRef="i23c53268bb4f4a2088a940e2b6812efe_I20210805" decimals="INF" name="us-gaap:DebtWeightedAverageInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfODc5NjA5MzAyNzEwNw_d8e727c9-af83-47db-96bb-ee29f18c8252">2.1</ix:nonFraction>%. The equity purchase price our <ix:nonFraction unitRef="number" contextRef="ieaa0736f2d374b478baecad30e69d255_I20210805" decimals="INF" name="us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfNjU5NzA2OTc3NTA1NA_1ec1a7e9-509a-4d8a-92d3-c81505af6cdd">47</ix:nonFraction>% interest was approximately $<ix:nonFraction unitRef="usd" contextRef="i23c53268bb4f4a2088a940e2b6812efe_I20210805" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfODc5NjA5MzAyNzExMQ_ce094b1a-3d4e-405c-b176-bbf714b24e75">205,000</ix:nonFraction>.  We funded the transaction using cash on hand and a draw on our revolving line of credit.  </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021, the carrying amount of our investment in the Single-Family Rental Portfolio was $<ix:nonFraction unitRef="usd" contextRef="id0a1b562502546e086a8a29aaf086faf_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfOTM0NTg0ODg0MTQ0Mw_c2c9d202-c110-4051-8e74-517be2aca8f8">205,172</ix:nonFraction>.  During the three months ended September 30, 2021, we recorded no change in the fair value of our investment in the Single-Family Rental Portfolio.  During the three months ended September 30, 2021, we received distributions of income totaling $<ix:nonFraction unitRef="usd" contextRef="ifbbfa868bdde4c07b57b03d04888a3b9_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquityMethodInvestmentDividendsOrDistributions" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfOTM0NTg0ODg0MjIyMA_536ed47e-b45b-4ac8-97f8-1d612e7be77f">1,771</ix:nonFraction>.  This cash distribution of income increased income from unconsolidated real estate affiliates and fund investments.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Summarized Statement of Operations&#8212;NYC Retail Portfolio Investment and Single-Family Rental Portfolio&#8212;Fair</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Value Option Investment</span></div><div style="margin-top:10pt"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:FairValueOptionQuantitativeDisclosuresTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RleHRyZWdpb246NTczYzE5MjZlN2VjNGY3MThkZjJkNTFlY2VmODAxYzJfMzU3OQ_2ffa0355-1277-4a11-b4be-e5cf5713ff25" escape="true"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:34.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.548%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total revenue</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iceefc10f4fec4312a0c49a3999ea8606_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMS0xLTEtMS0w_e9684c8b-427e-4735-aae1-24ca6f7073c5">12,747</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic693752c1da94616ae877445d293be55_D20200701-20200930" decimals="-3" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMS0zLTEtMS0w_71351e36-d45f-480b-b623-633cbf0f5b3e">313</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i4da52a1da48742208e8c2be9cc252e5e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMS01LTEtMS0w_37a6f585-11e9-45d7-90aa-109da4524da1">11,671</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i81ea995e24ee452b937cb184c5c9861f_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMS03LTEtMS0w_f74826bb-63e1-48f1-b63b-b7c8cff20a1e">2,247</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment income (loss)</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iceefc10f4fec4312a0c49a3999ea8606_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetInvestmentIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMy0xLTEtMS0w_11df2fd7-0599-47a4-abdc-a5b60393c4d0">4,372</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ic693752c1da94616ae877445d293be55_D20200701-20200930" decimals="-3" name="us-gaap:NetInvestmentIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMy0zLTEtMS0w_0167cc94-54de-4ea8-9683-0e656323db6c">174</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i4da52a1da48742208e8c2be9cc252e5e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NetInvestmentIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMy01LTEtMS0w_81dfebbd-d61b-4c03-b46f-41b7b2420907">4,390</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i81ea995e24ee452b937cb184c5c9861f_D20200101-20200930" decimals="-3" name="us-gaap:NetInvestmentIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfMy03LTEtMS0w_a32e1f0b-50bb-42a7-a0cf-c00318c6c229">736</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net change in unrealized loss on investment in real estate venture</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="iceefc10f4fec4312a0c49a3999ea8606_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNC0xLTEtMS0w_169f3941-cdc1-4a82-9dc8-9b6b463d4e63">10,295</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ic693752c1da94616ae877445d293be55_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNC0zLTEtMS0w_35f21efa-0b1c-45eb-a639-79cda7be2895">9,570</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i4da52a1da48742208e8c2be9cc252e5e_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNC01LTEtMS0w_a5d4037a-a662-4b3f-b373-c4038daaca67">10,163</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i81ea995e24ee452b937cb184c5c9861f_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:UnrealizedGainLossOnInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNC03LTEtMS0w_76ea31f1-1104-4524-a409-b5a71a090d35">53,243</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="iceefc10f4fec4312a0c49a3999ea8606_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNS0xLTEtMS0w_fba4dd47-b2d8-4143-b462-9f9227f840d3">5,923</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ic693752c1da94616ae877445d293be55_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNS0zLTEtMS0w_f5bd4306-d489-437c-9574-e239f9bcf2d5">9,744</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i4da52a1da48742208e8c2be9cc252e5e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNS01LTEtMS0w_807ae66c-2d57-4cd0-a99a-eaa215941c5d">5,773</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i81ea995e24ee452b937cb184c5c9861f_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProfitLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8zNy9mcmFnOjU3M2MxOTI2ZTdlYzRmNzE4ZGYyZDUxZWNlZjgwMWMyL3RhYmxlOjI4MzA2ZDVjZGU0ZTRmOGU4NDU4ZDEzYjcxZTY3NzE3L3RhYmxlcmFuZ2U6MjgzMDZkNWNkZTRlNGY4ZTg0NThkMTNiNzFlNjc3MTdfNS03LTEtMS0w_4287ed00-fc8a-46fb-bb7e-fcbff4cfbc60">52,507</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></ix:nonNumeric></div></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_43"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 5&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:DebtDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNTE5NA_23d936a2-b80b-4a3c-8cf8-ad6688089cfc" continuedAt="ifcd9fca218d74d1aba9f315df44fe087" escape="true">MORTGAGE NOTES AND OTHER DEBT PAYABLE</ix:nonNumeric></span></div><ix:continuation id="ifcd9fca218d74d1aba9f315df44fe087" continuedAt="i9f3d41cbac4b4dafa42870488385cb28"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfDebtInstrumentsTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNTE5Nw_474907b7-0813-479a-8dce-259ff7643250" continuedAt="i5d035ce7529444cb9ee29d3ba982ef5f" escape="true"><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Mortgage notes and other debt payable have various maturities through 2031 and consist of the following:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:36.876%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.641%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.070%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.416%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.565%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Mortgage notes and other debt payable</span></div></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Maturity&#160;Date</span></div></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest<br/>Rate</span></div></td><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount payable as of</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage notes payable</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)(2)(3)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 1, 2023 - March 1, 2038</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="rate" contextRef="ib2b4a380cdb24ca993963fbdf2968881_I20210930" decimals="INF" name="us-gaap:DebtInstrumentInterestRateStatedPercentage" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfMi00LTEtMS0wL3RleHRyZWdpb246NjQ1ZjZkMzYzMzA5NGM4MmIwYjQ4ZGJiMDRiYmI3ZjJfNzE0NjgyNTU4MDU1Nw_dc629a7d-9e07-420f-9a02-0663e046575c">1.48</ix:nonFraction>% - <ix:nonFraction unitRef="rate" contextRef="i24c452fd63de48f2aa61c8bb9975ac14_I20210930" decimals="INF" name="us-gaap:DebtInstrumentInterestRateStatedPercentage" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfMi00LTEtMS0wL3RleHRyZWdpb246NjQ1ZjZkMzYzMzA5NGM4MmIwYjQ4ZGJiMDRiYmI3ZjJfMTA_f79b88a6-023a-4c6b-9f31-c2285018a332">5.30</ix:nonFraction>%</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="icd742c7d65224ef69a5bcbdde9e90805_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfMi02LTEtMS0w_b8553b85-12ba-4c8f-8ac7-5fe41135feaf">1,079,935</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7aad0ee8c0fc4d8b8222e7cf62582c6c_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfMi04LTEtMS0w_2e44225a-62cf-48b0-b071-50e2cb2be9c3">771,043</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Credit facility</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revolving line of credit</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 25, 2024</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="rate" contextRef="i2aff2c5039074e30bfe2b7999077e27b_I20210930" decimals="4" name="us-gaap:DebtInstrumentInterestRateStatedPercentage" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNS00LTEtMS0w_54af82c0-037e-4873-a42e-b2274c304023">1.73</ix:nonFraction>%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2aff2c5039074e30bfe2b7999077e27b_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:RevolvingLineofCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNS02LTEtMS0w_94035724-30fb-48aa-a459-ba90ea5d3d69">275,000</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if561e5139adf406284cc2d593e3c950d_I20201231" decimals="-3" format="ixt:fixed-zero" name="jllipt:RevolvingLineofCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNS04LTEtMS0w_8d68ec40-279f-4794-83a5-3ac537d9a8aa">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term loans</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 24, 2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="rate" contextRef="i75ebe37526f84e919cf78e26650915d8_I20210930" decimals="4" name="us-gaap:DebtInstrumentInterestRateStatedPercentage" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNi00LTEtMS0w_722fcf0d-93a3-496f-88da-b059cf79c375">3.10</ix:nonFraction>%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i75ebe37526f84e919cf78e26650915d8_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LineOfCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNi02LTEtMS0w_ddcaf59b-836f-4780-97fb-f3daef8362fa">235,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9c8d58224ad14621992e3472faaf46cd_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LineOfCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNi04LTEtMS0w_903628c8-5410-41a6-834b-30d5677607f1">100,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TOTAL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNy02LTEtMS0w_29745113-f784-418b-82e3-b95e6f9f089a">1,589,935</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfNy04LTEtMS0w_c630978d-4049-45f2-b3fa-d3759a1a3256">871,043</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net debt discount on assumed debt and debt issuance costs</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredFinanceCostsNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfOC02LTEtMS0w_12afb112-8bab-43e4-ab87-b4a724b938cd">5,009</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredFinanceCostsNet" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfOC04LTEtMS0w_6cbe9058-6e8f-4555-a030-b727d27f1a9f">2,941</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="15" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage notes and other debt payable, net</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfOS02LTEtMS0w_ba4eed8e-8b61-49e0-bb0d-8ee51f30fb2b">1,584,926</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfOS04LTEtMS0w_1941de75-c47b-4c07-9d97-1d1ad668ed4e">868,102</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">South Seattle Distribution Center</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (4)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i32603cb5ff8f488fb4491b19ef8cf979_I20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfMTEtNi0xLTEtMA_f3ece632-3d71-4177-aee5-11db23a25c0a">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i98715f70a0a64debb731f9eaa5ef63b8_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOmMzOGQ3Mzk5ZjA5YjQyZjk5NmM4NWE0NzNhMzU4Y2FkL3RhYmxlcmFuZ2U6YzM4ZDczOTlmMDliNDJmOTk2Yzg1YTQ3M2EzNThjYWRfMTEtOC0xLTEtMA_9f1645d0-668a-4b68-bd7c-9bd3fb5e53af">17,873</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:9pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1) &#160;&#160;&#160;&#160;During the nine months ending September 30, 2021, we entered into the following new mortgage notes payable:</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On February 10, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="i2a6e5120a78a4fddaf578dd1b1143abd_I20210210" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjEx_5ace22ec-afd6-405e-a80e-e2a2b75ae156">34,000</ix:nonFraction> mortgage payable on Whitestown Distribution Center. The mortgage note bears an interest of <ix:nonFraction unitRef="rate" contextRef="i2a6e5120a78a4fddaf578dd1b1143abd_I20210210" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMzA1_ddd0549d-1e60-4dce-bfa7-aa645a19df4d">2.95</ix:nonFraction>% and matures on February 10, 2028. </span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On March 11, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="i98d49fb94e8640e9a4f7301e9c5218c0_I20210311" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NDQ4NQ_9e24b505-600d-474d-8667-6f6cda17cb4c">36,030</ix:nonFraction> mortgage payable on Townlake of Coppell.  The mortgage note bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="i98d49fb94e8640e9a4f7301e9c5218c0_I20210311" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NDU3NQ_d4f3db7b-0e9f-4cfa-ae6f-540e839d93c1">2.41</ix:nonFraction>% and matures on April 10, 2028.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On April 26, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="i3c23fadb28494eb1aa8654f070d5a6be_I20210426" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NTE2Ng_3bb04e12-4c06-419d-80bf-e715dfeddff7">52,250</ix:nonFraction> mortgage payable on Louisville Distribution Center. The mortgage bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="i3c23fadb28494eb1aa8654f070d5a6be_I20210426" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NTI2MQ_df6f4c6a-93f7-498c-9ef8-3f4ba73c0277">1.76</ix:nonFraction>% and matures on May 1, 2026.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On May 18, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="ie0b508c5183249c8a1db488552d0a3b2_I20210518" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NTQ5Mw_cba52970-5813-4ab6-85d3-423938a0c239">49,000</ix:nonFraction> mortgage payable on Southeast Phoenix Distribution Center. The mortgage bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="ie0b508c5183249c8a1db488552d0a3b2_I20210518" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NTU5NQ_854b89f4-ba74-478f-b933-63ff7834e968">2.70</ix:nonFraction>% and matures on June 1, 2028.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On June 30, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="if836f30114744c9e9e6d9615d280a08d_I20210518" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NTgzNw_dbba4d28-0fad-4fa3-8bd3-393df271025c">39,900</ix:nonFraction> mortgage payable on Princeton North Andover. The mortgage bears an interest rate of LIBOR + 1.55% (<ix:nonFraction unitRef="rate" contextRef="if836f30114744c9e9e6d9615d280a08d_I20210518" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NTk0MA_3fc2be01-b064-40a7-9277-979779caea9a">1.63</ix:nonFraction>% at September&#160;30, 2021) and matures on June 1, 2028.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On September 10, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="ia7ba15890bd24ad4874dc872181a8dfa_I20210910" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NjMwMw_18e2fb2e-5bfb-4026-8560-21398784aece">32,492</ix:nonFraction> mortgage payable on two industrial buildings. $<ix:nonFraction unitRef="usd" contextRef="i33df9229db80440ca53b03ef03b8a8ff_I20210910" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NjM1NA_dc99f418-4032-4d46-912a-0e1deb7d4870">11,880</ix:nonFraction> is allocated towards the San Marcos property and $<ix:nonFraction unitRef="usd" contextRef="icf62c78b82c743f6a58b87d69cc8c99d_I20210910" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NjQwNw_5f35b7f0-08fa-40d6-b8f4-174ae149a060">20,612</ix:nonFraction> is allocated towards the Fremont property. The mortgage bears an interest rate of LIBOR + 1.40% (<ix:nonFraction unitRef="rate" contextRef="ia7ba15890bd24ad4874dc872181a8dfa_I20210910" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NjUwOA_9591c5d0-c7bb-4977-927d-6107210f8c9d">1.48</ix:nonFraction>% at September&#160;30, 2021) and matures on September 8, 2026.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On September 23, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="ifb6aa3d44b5641308e314012875d16af_I20210923" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjE5OTAyMzI2NzIxNA_c9853097-631b-49b8-a426-195d1769c211">32,400</ix:nonFraction> mortgage payable on The Preserve at the Meadows.  The mortgage bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="ifb6aa3d44b5641308e314012875d16af_I20210923" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjE5OTAyMzI2NzIyNQ_0656438b-d4db-471e-8be6-d20a0828470a">2.57</ix:nonFraction>% and matures on October 1, 2031.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On September 30, 2021, we entered into a $<ix:nonFraction unitRef="usd" contextRef="i6e4f2c29d76a4459b53ce66294e066f1_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3ODAwNA_c57356ca-c7a2-4708-8a5d-72b3f1d63fb2">46,310</ix:nonFraction> mortgage payable on The Rockwell. The mortgage bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="i6e4f2c29d76a4459b53ce66294e066f1_I20210930" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3ODA4MQ_3104dc80-8279-4dac-a13a-91a0f1383518">2.62</ix:nonFraction>% and matures on October 1, 2031.</span></div><div style="margin-top:9pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;During the nine months ending September 30, 2021, we repaid the following mortgage notes payable:</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On March 8, 2021, we repaid the mortgage note payable related to 140 Park Avenue in the amount of $<ix:nonFraction unitRef="usd" contextRef="ife2b21d8b9bb4b4980f16d5c8429eb9a_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ExtinguishmentOfDebtAmount" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNDQ1_e3ad1d19-e071-487e-b415-6c34042603a5">22,800</ix:nonFraction>.</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On March 17, 2021, we repaid the mortgage note payable related to Monument IV in the amount of $<ix:nonFraction unitRef="usd" contextRef="ib092acdf24e149efa0f704dfed79e98d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ExtinguishmentOfDebtAmount" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NDk2NQ_e9c89817-c408-404a-a20d-c9dd53c37c95">40,000</ix:nonFraction>.</span></div><div style="margin-top:9pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;During the nine months ending September 30, 2021, we assumed the following mortgage notes payable:</span></div><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Miramont Apartments. The mortgage bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="ib51b78aedece4ad6b7b5136ac615266b_I20210929" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NzI4MA_9c331a85-038c-4580-adbe-94fb9afcf215">3.87</ix:nonFraction>% for the remaining five- year term. As of September&#160;30, 2021, the balance of the loan was $<ix:nonFraction unitRef="usd" contextRef="i417ee38064034519989735df3fd9ce6f_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NzM1NQ_2eb13789-4d93-43d3-b36f-96a18468840d">27,752</ix:nonFraction>.</span></div></ix:nonNumeric></ix:continuation><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="i9f3d41cbac4b4dafa42870488385cb28" continuedAt="i11629de6eb7347caaea53198688f05e7"><div style="margin-top:9pt;padding-left:63pt;text-indent:-45pt"><ix:continuation id="i5d035ce7529444cb9ee29d3ba982ef5f" continuedAt="i386c07691e084892bd03cedf5bd4cf6b"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:41.5pt">On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Pinecone Apartments. The mortgage bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="i6f62b5a1839b46ada35df19f8abdea99_I20210929" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NzczNQ_c725fc44-4c0c-4009-93db-6550d72af176">3.87</ix:nonFraction>% for the remaining five-year term. As of September&#160;30, 2021, the balance of the loan was $<ix:nonFraction unitRef="usd" contextRef="i9560ba84ae2547cfba1cd371cf7b79e9_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3NzgwOQ_7a8baf3a-7a64-46c7-a8ca-0c894ff6c32f">25,467</ix:nonFraction>.</span></ix:continuation></div><div style="margin-top:9pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="i386c07691e084892bd03cedf5bd4cf6b">(4) &#160;&#160;&#160;&#160;The property associated with this loan was designated as held for sale as of December 31, 2020. The property associated with this loan was sold on January 8, 2021 and the loan was repaid.</ix:continuation>  </span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNTIwNQ_010b5a61-ee61-4bec-9733-c6a8529ec077" escape="true"><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Aggregate future principal payments of mortgage notes and other debt payable as of September&#160;30, 2021 are as follows:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#160;</span></div><div style="margin-top:10pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:39.766%"><tr><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:46.327%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,908&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,812&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2023</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89,890&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">534,917&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2025</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">192,296&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">763,112&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NotesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RhYmxlOjQ1YWM3NThlZTg5NjRhMTM5MzNiY2FlNDgyNWVkOTBmL3RhYmxlcmFuZ2U6NDVhYzc1OGVlODk2NGExMzkzM2JjYWU0ODI1ZWQ5MGZfNy0yLTEtMS0w_b15d8dcd-6db6-46a1-8893-cb00ca20046a">1,589,935</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div></ix:nonNumeric><div style="margin-top:9pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Credit Facility</span></div><div style="margin-top:6pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 24, 2021, we entered into a credit agreement providing for a $<ix:nonFraction unitRef="usd" contextRef="iec6df348a3614a8a97b9acc7cb97828a_I20170526" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMTYzNw_79868132-3e7e-4c1b-bca5-81ab0ac522ad">650,000</ix:nonFraction> revolving line of credit and unsecured term loan (collectively, the &#8220;Credit Facility&#8221;) with a syndicate of eight lenders led by JPMorgan Chase Bank, N.A., Bank of America, N.A., PNC Capital Markets LLC and Wells Fargo Bank, N.A. The Credit Facility provides us with the ability, from time to time, to increase the size of the Credit Facility up to a total of $800 million, subject to receipt of lender commitments and other conditions. The $650,000 Credit Facility consists of a $<ix:nonFraction unitRef="usd" contextRef="iec6df348a3614a8a97b9acc7cb97828a_I20170526" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:RevolvingLineofCreditMaximumBorrowingCapacity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjExOQ_47720fc4-f700-4250-b075-223cce2f30b7">415,000</ix:nonFraction> revolving credit facility (the &#8220;Revolving Credit Facility&#8221;) and a $<ix:nonFraction unitRef="usd" contextRef="iec6df348a3614a8a97b9acc7cb97828a_I20170526" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:TermLoanMaximumBorrowingCapacity" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjE4OA_df4b9e1b-c40c-4d58-82a0-22f631f5ad6b">235,000</ix:nonFraction> term loan (the &#8220;Term Loan&#8221;). The Revolving Credit Facility contains a sublimit of $25,000 for letters of credit. The primary interest rate for the Revolving Credit Facility is based on LIBOR, plus a margin ranging from <ix:nonFraction unitRef="number" contextRef="i9385b09725b1425c97a8d4742ed8e826_D20210101-20210930" decimals="INF" name="us-gaap:DebtInstrumentBasisSpreadOnVariableRate1" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjQ3OQ_f121fb03-2888-488c-a51f-01814975f97e">1.40</ix:nonFraction>% to <ix:nonFraction unitRef="number" contextRef="i943bd151ce3d4800ab43219b3dadf1b8_D20210101-20210930" decimals="INF" name="us-gaap:DebtInstrumentBasisSpreadOnVariableRate1" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjQ4NQ_21ea3cbc-df15-4c2c-b286-073774b217e3">2.10</ix:nonFraction>%, depending on our total leverage ratio. The primary interest rate for the Term Loan is based on LIBOR, plus a margin ranging from <ix:nonFraction unitRef="number" contextRef="i2aff2c5039074e30bfe2b7999077e27b_I20210930" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjYxOA_34f25e5f-ad37-4aca-85ae-936532a5c1c2">1.35</ix:nonFraction>% to 2.05%, depending on our total leverage ratio. The maturity date of the Revolving Credit Facility and the Term Loan is <ix:nonNumeric contextRef="ie982d442a60a4905ba872d6c3d67096f_D20210101-20210930" format="ixt:date-monthname-day-year-en" name="us-gaap:DebtInstrumentMaturityDateRangeEnd1" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfMjczOQ_4b6ee9e9-0314-4ae0-94ba-6005973d16fc">May&#160;24, 2025</ix:nonNumeric>.  Based on our current total leverage ratio, we can elect to borrow at LIBOR plus 1.45% and LIBOR plus 1.40% for the Revolving Credit Facility and Term Loan, respectively, or alternatively, we can choose to borrow at a &#8220;base rate&#8221; equal to (i)&#160;the highest of (a)&#160;the Federal Funds Rate plus 0.5%, (b)&#160;the prime rate announced by JPMorgan Chase Bank, N.A., and (c)&#160;LIBOR plus 1.0%, plus (ii)&#160;a margin ranging from 0.40% to 1.10% for base rate loans under the Revolving Credit Facility or a margin ranging from 0.35% to 1.05% for base rate loans under the Term Loan. If the &#8220;base rate&#8221; is less than 1.0%, it will be deemed to be 1.0% for purposes of the Credit Facility. We intend to use the Revolving Credit Facility to cover short-term capital needs, for new property acquisitions and working capital.  We may not draw funds on our Credit Facility if we (i) experience a material adverse effect, which is defined to include, among other things, (a) a material adverse effect on the business, assets, operations or financial condition of the Company taken as a whole; (b) the inability of any loan party to perform any of its obligations under any loan document; or (c) a material adverse effect upon the validity or enforceability of any loan document or (ii) are in default, as that term is defined in the agreement, including a default under certain other loan agreements and/or guarantees entered into by us or our subsidiaries. As of September&#160;30, 2021, we believe no material adverse effects had occurred.  The Credit Facility provides for alternative rate benchmarks in the event that LIBOR is no longer appropriate or available.</span></div><div style="margin-top:6pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September&#160;30, 2021, we had $<ix:nonFraction unitRef="usd" contextRef="i2aff2c5039074e30bfe2b7999077e27b_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:RevolvingLineofCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3Mzg3Mg_94035724-30fb-48aa-a459-ba90ea5d3d69">275,000</ix:nonFraction> outstanding under the Revolving Credit Facility at LIBOR + 1.65% and $<ix:nonFraction unitRef="usd" contextRef="i75ebe37526f84e919cf78e26650915d8_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:RevolvingLineofCredit" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNjU5NzA2OTc3Mzk4NQ_22481559-2c09-49f5-a5e8-420ddea4ead8">235,000</ix:nonFraction> outstanding under the Term Loan at LIBOR + <ix:nonFraction unitRef="number" contextRef="i75ebe37526f84e919cf78e26650915d8_I20210930" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNDQ5NA_c8235215-4f75-4e65-9372-8bea83c4eb99">1.60</ix:nonFraction>%.  We swapped the LIBOR portion on $190,000 of our Term Loan to a blended fixed rate of <ix:nonFraction unitRef="number" contextRef="i83c3a8c6aa2846269feac7ab0040509f_D20210101-20210930" decimals="INF" name="us-gaap:DebtInstrumentBasisSpreadOnVariableRate1" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNDU3NQ_7eb8ea0b-2528-41b2-9a82-5dfb9a142cb2">1.93</ix:nonFraction>% (all in rate of <ix:nonFraction unitRef="number" contextRef="i7b8c874e70534c248922fb6063bfdf7f_D20210101-20210930" decimals="INF" name="us-gaap:DebtInstrumentInterestRateIncreaseDecrease" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNDU5NA_1fbc393d-34d4-40d1-bc51-a52ca38edd85">3.53</ix:nonFraction>% at September&#160;30, 2021) and swapped $90,000 of the Revolving Credit Facility to a fixed rate of <ix:nonFraction unitRef="number" contextRef="i4b7991cc79954f90957869379a7f3b3f_D20210101-20210930" decimals="INF" name="us-gaap:DebtInstrumentBasisSpreadOnVariableRate1" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNDY3Ng_99e59955-376d-4978-b9b1-36075374f00f">2.64</ix:nonFraction>% (all in rate of <ix:nonFraction unitRef="number" contextRef="ia7ed7f082d1e4995b85731d5cace1b10_D20210101-20210930" decimals="INF" name="us-gaap:DebtInstrumentInterestRateIncreaseDecrease" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNDY5NQ_b5b91205-bb29-497d-8727-be25c981e83e">4.04</ix:nonFraction>%) at September&#160;30, 2021. The interest rate swap agreements have maturity dates ranging from May 26, 2022 through February 17, 2023.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Covenants</span></div><div style="margin-top:4.5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September&#160;30, 2021, we were in compliance with all debt covenants.  </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Debt Issuance Costs</span></div></ix:continuation><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="i11629de6eb7347caaea53198688f05e7">Debt issuance costs are capitalized, and presented net of mortgage notes and other debt payable, and amortized over the terms of the respective agreements as a component of interest expense. Accumulated amortization of debt issuance costs at September&#160;30, 2021 and December&#160;31, 2020 was $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AmortizationOfFinancingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNTE1NQ_3b264c0f-77a1-4b7d-8471-4519c02ef15d">7,308</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i807ea0283a0c4b048782ccf174bcd6f0_D20200101-20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:AmortizationOfFinancingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80My9mcmFnOjkwYmRlZDBhNGYyZDRlNzY5ZDBkZjAxZmJhODhkMDI1L3RleHRyZWdpb246OTBiZGVkMGE0ZjJkNGU3NjlkMGRmMDFmYmE4OGQwMjVfNTE2Mg_15128919-c3ef-41a6-956e-afe794e3a3b6">6,749</ix:nonFraction>, respectively.</ix:continuation> </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_46"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 6&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:StockholdersEquityNoteDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTc5OQ_3819c408-38c1-4a32-a5ae-39cb3b3193fb" continuedAt="ic9fdb2fd13514e3b974536c015f9362f" escape="true">COMMON STOCK</ix:nonNumeric></span></div><ix:continuation id="ic9fdb2fd13514e3b974536c015f9362f" continuedAt="i6b63555d088040f8a4b135ec46409bc4"><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have five classes of common stock: Class A, Class M, Class A-I, Class M-I, and Class D.  The fees payable to LaSalle Investment Management Distributors, LLC, an affiliate of our Advisor and the dealer manager for our offerings (the "Dealer Manager"), with respect to each outstanding share of each class, as a percentage of NAV, are as follows:</span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="jllipt:OfferingCostFeesTableTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTgwNw_7a869089-422a-4d76-bab9-53f4289c0cfc" continuedAt="i0c9c5fb6e14e4dd5a11c04663d953cb4" escape="true"><div style="margin-bottom:10pt;margin-top:10pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:61.549%"><tr><td style="width:1.0%"></td><td style="width:28.116%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.987%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.391%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.987%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.819%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Selling Commission </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Dealer Manager Fee </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A Shares</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">up to 3.0%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.85%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class M Shares</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.30%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A-I Shares</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">up to 1.5%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.30%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class M-I Shares</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class D Shares </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">up to 1.0%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None</span></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1) &#160;&#160;&#160;&#160;Selling commissions are paid on the date of sale of our common stock.</span></div><div style="margin-top:3pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2) &#160;&#160;&#160;&#160;We accrue all future dealer manager fees up to the ten percent regulatory limitation as accrued offering costs on our Consolidated Balance Sheets on the date of sale of our common stock.  For NAV calculation purposes, dealer manager fees are accrued daily, on a continuous basis equal to 1/365th of the stated fee.  Each Class A, Class M and Class A-I share sold in a public offering will automatically convert into the number of Class M-I shares based on the then-current applicable NAV of each class on the date following the termination of the primary portion of such public offering in which we, with the assistance of the Dealer Manager, determine that total underwriting compensation paid with respect to such public offering equals 10% of the gross proceeds from the primary portion of such public offering.</span></div><div style="margin-top:3pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3) &#160;&#160;&#160;&#160;Shares of Class D common stock are only being offered pursuant to a private offering.</span></div></ix:nonNumeric><div style="margin-bottom:3pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="i0c9c5fb6e14e4dd5a11c04663d953cb4">The selling commissions and dealer manager fees are offering costs and are recorded as a reduction of additional paid in capital.</ix:continuation> </span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="jllipt:StockTransactionsTableTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTc5Nw_fb22a7af-f76a-4ff2-b3e1-62ec8f0ef206" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Stock Transactions</span></div><div style="margin-top:4.09pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The stock transactions for each of our classes of common stock for the nine months ended September 30, 2021 were as follows:</span></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:37.496%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.449%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.449%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.449%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.457%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares of </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Common Stock</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares of </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Common Stock</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares of</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Common Stock</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares of</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Common Stock</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares of</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Common Stock</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December&#160;31, 2020</span></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="id497581101674659bc73b07317eb9a01_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMS0yLTEtMS0w_3d39c03b-5fb8-4fad-bf16-ef5cfd83d488">89,671,096</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ia63f349ad0634c39ace1b7424b648a33_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMS00LTEtMS0w_39bd40bc-d4b3-4b22-93f5-3a0646d52088">35,612,156</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i8a4ce5d66f82457cb28cee5ec6708048_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMS02LTEtMS0w_25d03a1e-b5e4-4721-9f7a-30edd018b6d8">9,616,299</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i95a130d111bb414d8cb4d805ba1e4ed1_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMS04LTEtMS0w_2ac0da52-3454-442d-8baa-d01f7ffd1afb">33,247,001</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i7674594fbc894346b311eb175eee6629_I20201231" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMS0xMC0xLTEtMA_a6136b05-73d3-4d45-9c8e-5f2f502ff51f">4,957,915</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issuance of common stock</span></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMi0yLTEtMS0w_dab0cb0b-77a4-406f-a733-d3af6f5c95ba">11,621,561</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMi00LTEtMS0w_173e32f3-cd8c-4e31-ae8a-5c00af0ee62c">2,231,314</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMi02LTEtMS0w_dfe2952e-ddd5-4d4a-b2c6-27239bb7761d">196,799</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMi04LTEtMS0w_7cf3ac86-0424-49e4-95ea-0a96940fd22b">14,003,216</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMi0xMC0xLTEtMA_341d9cc8-9284-41ad-977d-20f171121e57">2,555,366</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Repurchase of common stock</span></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMy0yLTEtMS0w_8bbce2ad-4d50-4061-8fde-3870beb14822">5,124,503</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMy00LTEtMS0w_5a0f8f4d-235a-4c89-8fea-4ff9249e2d6b">1,566,243</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMy02LTEtMS0w_e3219856-bd73-4bdc-aa84-b94c061562b6">738,450</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMy04LTEtMS0w_f8695f4e-41f2-4f87-a6aa-eed2cdb7fa1b">1,893,458</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="0" format="ixt:fixed-zero" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfMy0xMC0xLTEtMA_7a1b82e0-d4c1-4757-8477-86c0386f29a4">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Share conversions</span></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="0" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNC0yLTEtMS0w_3ca78709-a0bb-450c-9401-3e3f0c02b3ae">154,886</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="shares" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="0" sign="-" format="ixt:num-dot-decimal" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNC00LTEtMS0w_1fda2733-8cd8-459a-b5ff-a5e2197ea8cd">735,772</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="0" format="ixt:fixed-zero" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNC02LTEtMS0w_3d2f6787-0d8e-4301-a212-37f802ebde29">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNC04LTEtMS0w_3b8fdace-5967-49da-954c-eb01095abd92">887,500</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="0" format="ixt:fixed-zero" name="us-gaap:ConversionOfStockSharesIssued1" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNC0xMC0xLTEtMA_b8f9a6b7-cc03-41cb-b9a1-93d89eb20cd6">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, September 30, 2021</span></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i85f71e7cfa654314b60a62f4d5a2fe90_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNS0yLTEtMS0w_f65c361f-2c75-4f6a-9ed7-e44c3df12b58">96,013,268</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i89df17ad3f664d1b9a05e4946c1215fe_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNS00LTEtMS0w_f503c727-72fb-4beb-b638-15a1ad8712fa">35,541,455</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i8a3efeceb8464cf2b5cc50f6845aa2aa_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNS02LTEtMS0w_7bef27a0-f645-4e56-9cdf-03127642756b">9,074,648</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i26f8893109964a1ca427261b816a7d72_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNS04LTEtMS0w_b17a98d3-a7fc-4c39-83ab-43b4c7312825">46,244,259</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i7a6c0a3591f249f183ecb728c40d00a5_I20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:CommonStockSharesOutstanding" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmE3YWJkZjI4N2YyYjQyMWY5ZTcwMWI3M2YxYmNlYTU3L3RhYmxlcmFuZ2U6YTdhYmRmMjg3ZjJiNDIxZjllNzAxYjczZjFiY2VhNTdfNS0xMC0xLTEtMA_d22e545a-3375-421e-8d9f-7a3bc328733e">7,513,281</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div></ix:nonNumeric><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfStockByClassTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTgwOA_611cde2f-8135-437a-ba30-1511d44cf13c" escape="true"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Stock Issuances</span></div><div style="margin-top:4.09pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The stock issuances for our classes of common stock, including those issued through our distribution reinvestment plan, for the nine months ended September 30, 2021 were as follows: </span></div><div style="margin-top:9.09pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:50.438%"><tr><td style="width:1.0%"></td><td style="width:38.030%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:27.885%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:27.887%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"># of shares</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A Shares</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfMi0yLTEtMS0w_dab0cb0b-77a4-406f-a733-d3af6f5c95ba">11,621,561</ix:nonFraction></span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfMi00LTEtMS0w_75288411-13d5-4946-a747-151352caed5b">141,017</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class M Shares</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfMy0yLTEtMS0w_173e32f3-cd8c-4e31-ae8a-5c00af0ee62c">2,231,314</ix:nonFraction></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfMy00LTEtMS0w_e981dbb5-963b-430e-a61c-1b282c022e54">27,058</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A-I Shares</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNC0yLTEtMS0w_dfe2952e-ddd5-4d4a-b2c6-27239bb7761d">196,799</ix:nonFraction></span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNC00LTEtMS0w_a3c5cda2-2366-4eec-85f7-8c807e2809b0">2,385</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class M-I Shares</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNS0yLTEtMS0w_7cf3ac86-0424-49e4-95ea-0a96940fd22b">14,003,216</ix:nonFraction></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNS00LTEtMS0w_643b5506-6c52-4b3b-ae13-683c825dbc6d">169,339</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class D Shares</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNi0yLTEtMS0w_341d9cc8-9284-41ad-977d-20f171121e57">2,555,366</ix:nonFraction></span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromIssuanceOfCommonStock" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNi00LTEtMS0w_ab0be4b3-8866-464e-b28e-8af5910a2357">30,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmQxZTFhMTJjMzhhMDQ3NjVhNmU4ZTA1NjFhZDJiMWUwL3RhYmxlcmFuZ2U6ZDFlMWExMmMzOGEwNDc2NWE2ZThlMDU2MWFkMmIxZTBfNy00LTEtMS0w_88efe973-789f-4f43-8417-840d998c2e60">369,799</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div></ix:nonNumeric></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">17</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="i6b63555d088040f8a4b135ec46409bc4" continuedAt="i9b34d9920d8c46578d0503d35b1e0497"><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Share Repurchase Plan</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our share repurchase plan allows stockholders, subject to a one-year holding period, with certain exceptions, to request that we repurchase all or a portion of their shares of common stock on a daily basis at that day's NAV per share, limited to <ix:nonFraction unitRef="number" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="INF" name="jllipt:Stockrepurchaselimit" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjA0OA_23c7b58e-d2c3-4d95-aa01-3d0a86626a62">5</ix:nonFraction>% of aggregate Company NAV per quarter. For the nine months ended September 30, 2021, we repurchased <ix:nonFraction unitRef="shares" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjExNg_e345a70d-9c1f-404f-bd6f-dae8499a47c6">9,322,654</ix:nonFraction> shares of common stock in the amount of $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjE1OQ_3d48aa14-e60b-4a36-a386-aa89bcffa40b">111,499</ix:nonFraction>. During the nine months ended September 30, 2020, we repurchased <ix:nonFraction unitRef="shares" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodShares" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjE5Mw_9638b946-7678-4e3d-a31e-9991e7dd7ae3">18,597,052</ix:nonFraction> shares of common stock in the amount of $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockRepurchasedDuringPeriodValue" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjIzNg_b1c07471-3eb7-428a-9852-2332e8d4536b">223,101</ix:nonFraction>. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Distribution Reinvestment Plan</span></div><div style="margin-bottom:10pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our distribution reinvestment plan, holders of shares of any class of our common stock may elect to have their cash distributions reinvested in additional shares of our common stock at the NAV per share applicable to the class of shares being purchased on the distribution date.  For the nine months ended September 30, 2021, we issued <ix:nonFraction unitRef="shares" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesDividendReinvestmentPlan" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjU4Ng_46a31895-d552-48b4-8aab-e655fb352ead">3,540,535</ix:nonFraction> shares of common stock for $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueDividendReinvestmentPlan" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjYxNg_a14c448c-82bc-4878-bd9e-1ed6d9098ee8">43,064</ix:nonFraction> under the distribution reinvestment plan. For the nine months ended September 30, 2020, we issued <ix:nonFraction unitRef="shares" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodSharesDividendReinvestmentPlan" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjY4Mw_08de3b8b-eb92-4aa4-ac89-ef43ec9ff856">4,505,845</ix:nonFraction> shares of common stock for $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueDividendReinvestmentPlan" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjcxMw_bf556782-c28d-4835-a8fe-9fd9b86696d5">53,669</ix:nonFraction> under the distribution reinvestment plan.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Operating Partnership Units</span></div><div style="margin-bottom:10pt;margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In connection with the acquisition of Siena Suwanee Town Center, we issued <ix:nonFraction unitRef="shares" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:PartnersCapitalAccountUnitsUnitbasedCompensation" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjg2MQ_3147986c-d779-4ec5-b89a-eb8d429e9247">1,217,092</ix:nonFraction> OP Units to third parties for a total of $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:StockIssuedDuringPeriodValueConversionOfUnits" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfMjkwNQ_1b470e40-61b7-4ce0-8e10-55acf2dbcaee">14,252</ix:nonFraction>.  After a one-year holding period, holders of OP Units generally have the right to cause the operating partnership to redeem all or a portion of their OP Units for, at our sole discretion, shares of our common stock, cash, or a combination of both.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Earnings Per Share</span></div><div style="margin-top:4.34pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We compute net income per share for Class A, Class M, Class A-I, Class M-I and Class D common stock using the two-class method. Our Advisor may earn a performance fee (see </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_55">Note 9-Related Party Transactions</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), which may impact the net income of each class of common stock differently. In periods where no performance fee is recognized in our Consolidated Statements of Operations and Comprehensive Income, the net income per share will be the same for each class of common stock.</span></div><div style="margin-top:4.34pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Basic and diluted net income per share for each class of common stock is computed using the weighted-average number of common shares outstanding during the period for each class of common stock. We have not issued any dilutive or potentially dilutive securities, and thus the basic and diluted net income per share for a given class of common stock is the same for each period presented.</span></div></ix:continuation><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">18</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="i9b34d9920d8c46578d0503d35b1e0497" continuedAt="if179f6f4cdb84d278020ffe690a114e1"><div style="margin-top:4.34pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table sets forth the computation of basic and diluted net income per share for each of our Class A, Class M, Class A-I, Class M-I and Class D common stock:</span></div><div style="margin-top:4.34pt;padding-right:9pt"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="jllipt:ScheduleofEarningsPerShareTableTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTc5NA_6d366c40-3545-41d7-beb1-0925fac29f78" escape="true"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.538%"><tr><td style="width:1.0%"></td><td style="width:46.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.840%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.840%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.840%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.840%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.254%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="27" style="background-color:#ffffff;padding:2px 1pt;text-align:center;text-indent:27pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net loss per share:</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allocation of net loss per share before performance fee</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMy0xLTEtMS0w_619d70a9-ece1-4422-9fbb-b2403b56c1f8">16,540</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMy0zLTEtMS0w_1035096c-8431-4d55-8b66-b48e4c095a40">6,140</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMy01LTEtMS0w_2ad5f07d-d071-4e52-b304-123c60da44b7">1,651</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMy03LTEtMS0w_f59c05ca-e27a-4557-9c2a-73cbca2aeb93">7,537</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMy05LTEtMS0w_d5e01350-3897-4828-a0e5-36825d79cd80">1,313</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allocation of performance fee</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,662&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,635&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">710&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,463&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">582&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(23,202)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,775)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,361)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11,000)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,895)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average number of common shares outstanding</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNi0xLTEtMS0w_6e017734-e840-4b57-847d-f41e3aa1e0ba">94,656,530</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNi0zLTEtMS0w_84aaada1-b64c-47f7-911a-7100e42b50c5">35,138,533</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNi01LTEtMS0w_2dc61c46-148c-41ed-aabf-f4b6e7296ffa">9,447,086</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNi03LTEtMS0w_e891c369-cd93-4050-8f48-a0d67c4f70d7">43,131,751</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNi05LTEtMS0w_98ef222b-bf63-40f0-90c2-c63628934327">7,513,281</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net loss per share:</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i3cc9a61a81c24d37bf50d059fe0df6fe_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNy0xLTEtMS0w_b301966d-2aa2-4334-8cca-886a9278d07e">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i5e074e08bea54f258dfc01848e87cc88_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNy0zLTEtMS0w_386def7f-f232-479d-a812-e873e1727969">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i7ee9711da504489ca0fda0a2f5c6421f_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNy01LTEtMS0w_43296f3d-048f-4945-8b7e-37f59a64062a">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i53deec0311c843418b0fabfec2efb3a7_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNy03LTEtMS0w_5a6774a3-1598-4821-b240-229d010a7553">0.26</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="if16929271fc2425499345de383caea82_D20210701-20210930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfNy05LTEtMS0w_62392675-0b25-4ebd-96a9-14d6e47c3cfa">0.25</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="27" style="background-color:#cceeff;padding:2px 1pt;text-align:center;text-indent:27pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Nine Months Ended September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net income per share:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allocation of net income per share before performance fee</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i75155b9d9c8c42c8abfa7c2ac623cfff_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTItMS0xLTEtMA_469863a9-d5d0-4cd7-8be1-274076454dae">10,649</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTItMy0xLTEtMA_a2378d2e-4c5d-417b-8b29-6718628f012e">4,063</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia9177499c47b47bf85221dc7d1268bc3_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTItNS0xLTEtMA_36dbc459-c9f8-4158-bb9a-eabe046afe9d">1,108</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTItNy0xLTEtMA_7781e678-ba25-49e7-9a6b-a67bc2b83710">4,450</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i42ddb82328794808afe03b4c5d27d8c1_D20210101-20210930" decimals="-3" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTItOS0xLTEtMA_a63dcb58-b544-488f-a22a-adfcf1ff3d8f">806</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allocation of performance fee</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,662&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,635&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">710&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,463&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">582&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,987&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,428&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">398&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">987&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">224&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average number of common shares outstanding</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i75155b9d9c8c42c8abfa7c2ac623cfff_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTUtMS0xLTEtMA_63369e6d-db48-4732-904e-ad21596f2298">91,944,466</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTUtMy0xLTEtMA_69620d10-a59d-48c0-99f7-541a75ebaf19">35,082,628</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ia9177499c47b47bf85221dc7d1268bc3_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTUtNS0xLTEtMA_63c10a95-2d97-4469-aa36-df8ded4bef3a">9,569,529</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTUtNy0xLTEtMA_9e5d943a-47ad-4b55-a52b-47beff71b5e6">38,424,069</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i42ddb82328794808afe03b4c5d27d8c1_D20210101-20210930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTUtOS0xLTEtMA_74929805-8e4c-4f46-b2e9-832cf05f0ea3">6,961,022</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net income per share:</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.04&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="i75155b9d9c8c42c8abfa7c2ac623cfff_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTYtMy0xLTEtMA_605b5c1d-11a2-4942-87ca-dea7affb5cfa"><ix:nonFraction unitRef="usdPerShare" contextRef="ie3ebfe7ec7164ed684083600843d671a_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTYtMy0xLTEtMA_8d39bba6-d215-486a-a490-121bbf03bc7b">0.04</ix:nonFraction></ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="ia9177499c47b47bf85221dc7d1268bc3_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTYtNS0xLTEtMA_848c8166-be12-4d2d-b906-aba25a626475">0.04</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="i65827c82ab78475688cc8c7fa3a82f42_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTYtNy0xLTEtMA_2230b7a5-8696-4ed6-9159-ce1851cd8aee">0.03</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usdPerShare" contextRef="i42ddb82328794808afe03b4c5d27d8c1_D20210101-20210930" decimals="2" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMTYtOS0xLTEtMA_8101be0b-30a0-4250-8b0d-9c6a03ca0952">0.03</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="27" style="background-color:#ffffff;padding:2px 1pt;text-align:center;text-indent:27pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I</span></div></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net loss per share:</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allocation of net loss per share before performance fee</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="ia5d3372a68014b0baa0f29af8b90c3bc_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjEtMS0xLTEtMA_989af898-f0e3-4190-9249-82e1d1fe3abf">5,346</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i3b82b9e79b234192b96e9acd8562c81c_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjEtMy0xLTEtMA_9679c21b-6304-490b-942e-a516617cb19e">2,147</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i5a8f466631654301a33f3692cc911ae4_D20200701-20200930" decimals="-3" sign="-" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjEtNS0xLTEtMA_84e09e19-c4d8-4a54-8a93-a5807d192db8">579</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icfbde6770bbb4ce1a05f5b8077f62344_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjEtNy0xLTEtMA_4a26bd98-88bf-4858-9891-e35c7b9828d4">1,753</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i4fee73cd51e54c3588fe1eab8348ded2_D20200701-20200930" decimals="-3" sign="-" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjEtOS0xLTEtMA_80b69368-3be6-4077-bf05-00e11df9b848">297</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average number of common shares outstanding</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="ia5d3372a68014b0baa0f29af8b90c3bc_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjQtMS0xLTEtMA_453e059d-702c-4106-a3b5-35b6286f4c4f">89,432,854</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i3b82b9e79b234192b96e9acd8562c81c_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjQtMy0xLTEtMA_86549741-7980-4c93-a196-4d20084eea1a">35,897,894</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i5a8f466631654301a33f3692cc911ae4_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjQtNS0xLTEtMA_7af9b677-01f8-4f21-b0e9-97a9494a2618">9,686,983</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="icfbde6770bbb4ce1a05f5b8077f62344_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjQtNy0xLTEtMA_d653408f-335b-4e68-af2f-e05151830c44">29,313,769</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i4fee73cd51e54c3588fe1eab8348ded2_D20200701-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjQtOS0xLTEtMA_997e3e01-935f-47fb-a36f-93f0856c9e6b">4,927,915</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net loss per share:</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="ia5d3372a68014b0baa0f29af8b90c3bc_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjUtMS0xLTEtMA_02e46b33-c18a-4717-bcf7-50b0b136ba16">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i3b82b9e79b234192b96e9acd8562c81c_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjUtMy0xLTEtMA_0b9cf51b-f492-4f51-b65a-b21c527a5866">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i5a8f466631654301a33f3692cc911ae4_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjUtNS0xLTEtMA_18a18706-9c35-47fe-840d-951c15bff01f">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="icfbde6770bbb4ce1a05f5b8077f62344_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjUtNy0xLTEtMA_ff9dcf55-a2e9-4e83-86a3-fec3db949ed2">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i4fee73cd51e54c3588fe1eab8348ded2_D20200701-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMjUtOS0xLTEtMA_028b2639-5aff-4f1e-bf19-1895b21825e3">0.06</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="27" style="background-color:#cceeff;padding:2px 1pt;text-align:center;text-indent:27pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Nine Months ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net loss per share:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allocation of net loss per share before performance fee</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i32d43f3b5b844506a2d26ecf7db10396_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzAtMS0xLTEtMA_175cc841-b4af-4456-831b-b8b39b1a71e3">19,529</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i5f0c1c9302e241e4bc83e19ce71f9770_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzAtMy0xLTEtMA_ad30c226-9313-4352-9c81-b1d5255bee48">8,009</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icc03c2bcaf394f98953a664ff0552cfe_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzAtNS0xLTEtMA_e179c1db-3a2f-4014-9b60-3387d319e54c">2,213</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i86d9cb5c193c4e9fb77ec76afdf27e37_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzAtNy0xLTEtMA_56dc7025-b92b-4b6d-bc5f-4fdbd2bc0d8d">6,055</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i8f1bac6185bf4673aa552d1ebf21e0c2_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="jllipt:NetIncomebeforeperformancefee" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzAtOS0xLTEtMA_e90834ac-6547-4ff5-8313-1fa4820c704a">1,069</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average number of common shares outstanding</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i32d43f3b5b844506a2d26ecf7db10396_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzMtMS0xLTEtMA_94a6c0d2-7e79-40c1-abc4-45a56b800db1">90,409,712</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i5f0c1c9302e241e4bc83e19ce71f9770_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzMtMy0xLTEtMA_175b9834-1fac-43cd-ab9c-8a5c36a54a3f">37,074,115</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="icc03c2bcaf394f98953a664ff0552cfe_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzMtNS0xLTEtMA_c59546fe-b182-4513-af47-366017354608">10,240,781</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i86d9cb5c193c4e9fb77ec76afdf27e37_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzMtNy0xLTEtMA_1bb0c36a-a83f-4fda-a5ba-0251e2927820">28,024,648</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="shares" contextRef="i8f1bac6185bf4673aa552d1ebf21e0c2_D20200101-20200930" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzMtOS0xLTEtMA_f391152c-da71-4606-b91f-5d4caf81d5ca">4,927,915</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic and diluted net loss per share:</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i32d43f3b5b844506a2d26ecf7db10396_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzQtMS0xLTEtMA_61dd591b-509f-4491-8072-e446ea480bec">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i5f0c1c9302e241e4bc83e19ce71f9770_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzQtMy0xLTEtMA_8022de90-be00-4d4e-9557-6126e9f0aef7">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="icc03c2bcaf394f98953a664ff0552cfe_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzQtNS0xLTEtMA_33c8b415-5eef-4c60-b78b-a84edf91c5d0">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i86d9cb5c193c4e9fb77ec76afdf27e37_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzQtNy0xLTEtMA_ef61a534-f4cb-46ad-8437-2b7a38548e7a">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usdPerShare" contextRef="i8f1bac6185bf4673aa552d1ebf21e0c2_D20200101-20200930" decimals="2" sign="-" name="us-gaap:EarningsPerShareBasicAndDiluted" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RhYmxlOmNlZDc5YmI5YTc3ZjRmOWRhOWUxZWFmZDIzNWNiYmE3L3RhYmxlcmFuZ2U6Y2VkNzliYjlhNzdmNGY5ZGE5ZTFlYWZkMjM1Y2JiYTdfMzQtOS0xLTEtMA_085265d8-674f-4db4-86e6-ebfd133896d6">0.22</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></ix:nonNumeric></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Organization and Offering Costs</span></div></ix:continuation><div style="margin-bottom:3pt;margin-top:4.45pt;padding-right:2.25pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="if179f6f4cdb84d278020ffe690a114e1">Organization and offering costs include, but are not limited to, legal, accounting, printing fees and personnel costs of our Advisor attributable to our organization, preparation of the registration statement, registration and qualification of our common stock for sale with the SEC, or in a private placement, and in the various states and filing fees incurred by our Advisor. LaSalle agreed to fund our organization and offering expenses for the Current Public Offering until July 6, 2018, the day the registration statement was declared effective by the SEC, following which time we commenced reimbursing LaSalle over <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt-sec:durmonth" name="jllipt:OrganizationAndOfferingExpensesReimbursementPeriod" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNDg3NQ_efd10a09-1f3f-4352-8931-089cb1deb226">36</ix:nonNumeric> months.  Following the Current Public Offering commencement date, we began paying directly or reimbursing LaSalle if it pays on our behalf any organization and offering costs incurred during the Current Public Offering period (other than selling commissions and dealer manager fees) as and when incurred. After the termination of the Current Public Offering, LaSalle has agreed to reimburse us to the extent that the organization and offering costs that we incur exceed <ix:nonFraction unitRef="number" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="INF" name="jllipt:CalculationOfReimbursedOfferingExpensesAsSpecifiedPercentageOfGrossProceeds" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTM3Mg_a47238f1-2455-42cf-a1d7-59838ec1df69">15</ix:nonFraction>% of our gross proceeds from the Current Public Offering. LaSalle agreed to fund our organization and offering expenses for the Third Extended Public Offering which has not yet been declared effective by the SEC.  We will begin reimbursing LaSalle over <ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" format="ixt-sec:durmonth" name="jllipt:OrganizationAndOfferingExpensesReimbursementPeriod" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNjU5NzA2OTc3MjczNA_efd10a09-1f3f-4352-8931-089cb1deb226">36</ix:nonNumeric> months once the Third Extended Public Offering is declared effective. Organization costs are expensed, whereas offering costs are recorded as a reduction of capital in excess of par value. As of September&#160;30, 2021 and December&#160;31, 2020, LaSalle had paid $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ReimbursementOfOrganizationAndOfferingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTU5Mg_5a69a15e-3287-4d8f-ba5d-d2db41fa695a">1,551</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i807ea0283a0c4b048782ccf174bcd6f0_D20200101-20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ReimbursementOfOrganizationAndOfferingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80Ni9mcmFnOjQ5ZjRhMDYzMjFiNTQwNjJhNjEyOTcyY2QwMDlhMGIzL3RleHRyZWdpb246NDlmNGEwNjMyMWI1NDA2MmE2MTI5NzJjZDAwOWEwYjNfNTU5OQ_3df4d3f6-332f-4c41-9415-bb5f1259cbb4">1,138</ix:nonFraction>, respectively, of organization and offering costs on our behalf which we had not yet reimbursed. These costs are included in accrued offering costs on the Consolidated Balance Sheets.</ix:continuation>  </span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_49"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80OS9mcmFnOjJmM2E0ZTBjNTlhNzRkNzBiZDllZmE5OGY2ZDUzNTBiL3RleHRyZWdpb246MmYzYTRlMGM1OWE3NGQ3MGJkOWVmYTk4ZjZkNTM1MGJfMzI4MQ_d56a2c8a-80ee-49f1-abfb-17e97a586f69" continuedAt="i8dfee4b9650b4cd9989b5f6bfe1cabfb" escape="true"><div style="margin-top:14pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 7&#8212;DST PROGRAM</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 16, 2019, we, through our operating partnership, initiated the DST Program and on August 10, 2021, our board of directors approved an increase to raise up to a total of $1,000,000 in private placements through the sale of beneficial interests in specific Delaware statutory trusts (&#8220;DST&#8221;) holding DST Properties, which may be sourced from our existing portfolio or from newly acquired properties sourced from third parties. Each DST Property will be leased back by a wholly owned subsidiary of our operating partnership on a long-term basis of up to ten years pursuant to a master lease agreement. The master lease agreements are expected to be guaranteed by our operating partnership. As compensation for the master lease guarantee, our operating partnership will retain a fair market value purchase option giving it the right, but not the obligation, to acquire the beneficial interests in the DST from the investors at any time after two years from the closing of the applicable DST offering in exchange for OP Units or cash, at our discretion.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The sale of beneficial interests in the DST Property will be accounted for as a failed sale-leaseback transaction due to the fair market value purchase option retained by the operating partnership and as such, the property will remain on our books and records.  The proceeds received from each DST offering will be accounted for as a financing obligation on the Consolidated Balance Sheets. Upfront costs for legal work and debt placement costs for the DST totaling $<ix:nonFraction unitRef="usd" contextRef="i4adba298055f475680ac17c623377d66_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DeferredCostsCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80OS9mcmFnOjJmM2E0ZTBjNTlhNzRkNzBiZDllZmE5OGY2ZDUzNTBiL3RleHRyZWdpb246MmYzYTRlMGM1OWE3NGQ3MGJkOWVmYTk4ZjZkNTM1MGJfMTQ2Mw_00460972-3dcf-4460-b274-73c452407e74">1,857</ix:nonFraction> are accounted for as deferred loan costs and are netted against the financing obligation. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Under the master lease, we are responsible for subleasing the DST Property to tenants, for covering all costs associated with operating the underlying DST Property, and for paying base rent to the DST that owns such property. For financial reporting purposes (and not for income tax purposes), the DST Properties are included in our consolidated financial statements, with the master lease rent payments accounted for using the interest method whereby a portion is accounted for as interest expense and a portion is accounted for as a reduction of the outstanding principal balance of the financing obligation.  Upon the determination that it is probable that we will exercise the fair market value purchase option, we will recognize additional interest expense or interest income to the financing obligation to account for the difference between the fair value of the property and the outstanding liabilities.  For financial reporting purposes, the rental revenues and rental expenses associated with the underlying property of each master lease are included in the respective line items on our Consolidated Statements of Operations and Comprehensive Income. The net amount we receive from the underlying DST Properties may be more or less than the amount we pay to the investors in the specific DST and could fluctuate over time.</span></div></ix:nonNumeric><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="i8dfee4b9650b4cd9989b5f6bfe1cabfb">As of September 30, 2021, we have sold $<ix:nonFraction unitRef="usd" contextRef="i668a95fb931a4d6e8a87f72fd82f35fc_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:CommonStockValueOutstanding" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl80OS9mcmFnOjJmM2E0ZTBjNTlhNzRkNzBiZDllZmE5OGY2ZDUzNTBiL3RleHRyZWdpb246MmYzYTRlMGM1OWE3NGQ3MGJkOWVmYTk4ZjZkNTM1MGJfMjkyMA_d8b84863-d442-4cce-9596-a21aaa89a03c">300,427</ix:nonFraction> in interests related to the DST Program.</ix:continuation> As of September 30, 2021, the following properties are included in our DST Program:</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">The Reserve at Johns Creek,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Summit at San Marcos,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Mason Mill Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">San Juan Medical Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">The Penfield,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Milford Crossing,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Villas at Legacy,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Montecito Marketplace,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Whitestown Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">Louisville Airport Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">The Preserve at the Meadows,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">The Rockwell and</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:4.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:28pt">9101 Stony Point Drive.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_52"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 8&#8212;RENTALS UNDER OPERATING LEASES</span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RleHRyZWdpb246ZGU2ZWIzNmY3MmY2NDAwMGFiNWVjMDJkNzVkOGM0OThfNDY4_9606e279-ef32-4794-8781-63c6b59bcc7c" escape="true"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:OperatingLeasesOfLessorDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RleHRyZWdpb246ZGU2ZWIzNmY3MmY2NDAwMGFiNWVjMDJkNzVkOGM0OThfNDY5_75edf4b5-6537-43f8-8039-6879f12618a8" continuedAt="if99e0a6052254b648729f38bc9349de3" escape="true"><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We receive rental income from operating leases. The minimum future rentals from consolidated properties based on operating leases in place at September&#160;30, 2021 are as follows:</span></div><div style="margin-top:10pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:44.444%"><tr><td style="width:1.0%"></td><td style="width:56.794%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.362%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount&#160;</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfMS0yLTEtMS0w_ef7b0185-1839-48ba-aef3-753791715a90">50,750</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfMi0yLTEtMS0w_c1f6e4b1-f63c-4a82-a0c9-bf363876ea52">156,142</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LessorOperatingLeasePaymentsToBeReceivedTwoYears" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfMy0yLTEtMS0w_72b5bfbe-0307-40f0-be05-2c23ce6915a5">123,646</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LessorOperatingLeasePaymentsToBeReceivedThreeYears" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfNC0yLTEtMS0w_2292c672-3da7-4d3f-a7ff-bc2dad53b734">103,705</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LessorOperatingLeasePaymentsToBeReceivedFourYears" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfNS0yLTEtMS0w_036581e7-6cf3-4aff-838d-2ecbd068edf9">91,797</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfNi0yLTEtMS0w_108a89ae-bf8e-4cee-9722-cd00101e7223">337,651</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LessorOperatingLeasePaymentsToBeReceived" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81Mi9mcmFnOmRlNmViMzZmNzJmNjQwMDBhYjVlYzAyZDc1ZDhjNDk4L3RhYmxlOmM4ODNlNTcxOTg4NzQ5OTU4YmYyOWE4ZjM2ZjhjN2ZlL3RhYmxlcmFuZ2U6Yzg4M2U1NzE5ODg3NDk5NThiZjI5YThmMzZmOGM3ZmVfNy0yLTEtMS0w_87788d6e-e7a6-448f-a8bd-3026f0acca12">863,691</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div></ix:nonNumeric></ix:nonNumeric><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="if99e0a6052254b648729f38bc9349de3">&#160;Minimum future rentals do not include amounts payable by certain tenants based upon a percentage of their gross sales or as reimbursement of property operating expenses. During the three and nine months ended September 30, 2021, no individual tenant accounted for greater than 10% of minimum base rents.</ix:continuation> </span></div><div id="i14b6c28632be4a8892cac6528a8e850f_55"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 9&#8212;RELATED PARTY TRANSACTIONS</span></div><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:RelatedPartyTransactionsDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMzg0ODI5MDcwMjgzMw_9974dbc0-4d33-45de-a630-35fd441b0ceb" continuedAt="ic646604ee88b465f9ddcf110245302ec" escape="true"><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our Advisory Agreement with LaSalle, we pay a fixed advisory fee of <ix:nonFraction unitRef="number" contextRef="ic06eb9fe6a044e97a30ac98ce69f7947_D20210101-20210930" decimals="INF" name="jllipt:ManagementAndAdvisoryFeePercentageOnNetAssetValue" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTE5_4b4085cd-c1b2-419e-a1ec-4bcb57a5833c">1.25</ix:nonFraction>% of our NAV calculated daily.  The Advisory Agreement allows for a performance fee to be earned for each share class based on the total return of that share class or OP Unit during the calendar year.  The performance fee is calculated as <ix:nonFraction unitRef="number" contextRef="i34958f393ef444368afca08ce712799b_D20210101-20210930" decimals="INF" name="jllipt:ManagementAndAdvisoryFeePercentageOnNetAssetValue" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMzQ4_a3829187-bf72-4f8f-90fa-30318b5305ad">10</ix:nonFraction>% of the return in excess of <ix:nonFraction unitRef="number" contextRef="i1c16218363b94dacb1c6eeef33d853a8_D20210101-20210930" decimals="INF" name="jllipt:ManagementAndAdvisoryFeePercentageOnNetAssetValue" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMzc4_4b43fefd-4727-4236-a1a9-8e2bf5fc34f4">7</ix:nonFraction>% per annum.  The term of our Advisory Agreement expires June 5, 2022, subject to an unlimited number of successive one year renewals. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fixed advisory fees for the three and nine months ended September 30, 2021 were $<ix:nonFraction unitRef="usd" contextRef="i820a4446bc7e444dbd03bbf30050c067_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FixedPortionsOfManagementAndAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDM5ODA0NjUxNjMzNw_c490cee1-5bbd-4e20-8ee2-b35fd3840a72">7,404</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="ic06eb9fe6a044e97a30ac98ce69f7947_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FixedPortionsOfManagementAndAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDM5ODA0NjUxNjM0MQ_ed993b23-b645-467b-82d3-2aa5f9c205ea">20,477</ix:nonFraction>, respectively. The fixed advisory fees for the three and nine months ended September 30, 2020 were $<ix:nonFraction unitRef="usd" contextRef="i4038b673fd2f473a8e0e6d69e25bc4f2_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FixedPortionsOfManagementAndAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNjE2_a60400d8-69dd-4ae3-9bc8-2c38b975cc36">6,192</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i8ad0cc6d5d5a4ea5b70591f14ab213e9_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FixedPortionsOfManagementAndAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNjIz_736cdabf-63f0-4668-a74e-277d6f55695a">19,049</ix:nonFraction>, respectively. Performance fees for the three and nine months ended September 30, 2021 were $<ix:nonFraction unitRef="usd" contextRef="i58d19f86a4d945c2b7ac9861567f44d8_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ManagerAndAdvisoryFeesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDM5ODA0NjUxNjM0OQ_85a0d0a3-38e7-4346-a2ce-ade00bb3c22d">14,142</ix:nonFraction>. There were <ix:nonFraction unitRef="usd" contextRef="iac0945bbd9eb4fa2b1571305703c69d5_I20200930" decimals="-3" format="ixt:fixed-zero" name="jllipt:ManagerAndAdvisoryFeesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDM5ODA0NjUxNjMzMQ_ed6fef60-546d-4ccf-a969-ec9541891eeb">no</ix:nonFraction> performance fees for the three and nine months ended September 30, 2020. Included in Advisor fees payable at September&#160;30, 2021 was $<ix:nonFraction unitRef="usd" contextRef="i387cc5bf85bf49758325f66616be4cd4_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ManagerAndAdvisoryFeesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDM5ODA0NjUxNjM2NA_b07cde1a-7aca-41e1-af44-bfadfc23e490">2,512</ix:nonFraction> of fixed advisory fee expense and $14,142 of performance fee expense. Included in Advisor fees payable for the year ended December&#160;31, 2020 was $<ix:nonFraction unitRef="usd" contextRef="i771c0e4e30ea40f6a968fc320e6e5933_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ManagerAndAdvisoryFeesPayable" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfODIw_6fb20b46-86da-4b6b-886c-714183715668">2,122</ix:nonFraction> of fixed advisory fee expense.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We pay Jones Lang LaSalle Americas, Inc. (&#8220;JLL Americas&#8221;), an affiliate of our Advisor, for property management, construction management, leasing, mortgage brokerage and sales brokerage services performed at various properties we own. For the three and nine months ended September 30, 2021, we paid JLL Americas $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="jllipt:RelatedPartyPropertyManagementServicesExpensePaid" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTEyMg_38b23981-e6be-43d5-a420-393ba1421114">305</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="jllipt:RelatedPartyPropertyManagementServicesExpensePaid" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTEyOQ_7234fb4c-ed9a-4e34-9949-ec1518971f4a">784</ix:nonFraction>, respectively, for property management and leasing services. For the three and nine months ended September 30, 2020, we paid JLL Americas $<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="jllipt:RelatedPartyPropertyManagementServicesExpensePaid" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTIyNg_1e3eddda-fca2-4e1f-b6b9-642d68288ef8">163</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="jllipt:RelatedPartyPropertyManagementServicesExpensePaid" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTIzMw_a9e70fc7-4d57-4ee1-995d-ccb83449ec64">565</ix:nonFraction>, respectively, for property management and leasing services During the three and nine months ended September 30, 2021, we paid JLL Americas $<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:PaymentsForBrokerageFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTMzMg_40b0f5b6-a236-4f6a-9784-ddaa469c5f45">0</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:PaymentsForBrokerageFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTMzOQ_e7b9ade6-dec1-450f-bebb-c86bf4af9f85">371</ix:nonFraction>, respectively, in mortgage brokerage fees related to the mortgage notes payable for Louisville Airport Distribution Center and Townlake of Coppell.  During the three and nine months ended September 30, 2020, we paid JLL Americas $<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="us-gaap:PaymentsForBrokerageFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTUyNg_250b18d8-238f-401d-89fb-143863b2421b">0</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" name="us-gaap:PaymentsForBrokerageFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTUzMw_883277c0-59ac-4832-8bad-70df1c9d6f29">75</ix:nonFraction>, respectively, in sales brokerage fees. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We pay the Dealer Manager selling commissions and dealer manager fees in connection with our offerings. For the three and nine months ended September 30, 2021, we paid the Dealer Manager selling commissions and dealer manager fees totaling $<ix:nonFraction unitRef="usd" contextRef="i948ab7b4bcfa4788ade995b5aa330192_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTc3Mw_25825339-2d79-4ced-99a0-339a33765598">3,167</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="ia882481fa4684b4fabef47744bb344fa_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTc4MA_f71ec95b-6c25-45f2-83c4-ab8e65f0f247">8,718</ix:nonFraction>, respectively. For the three and nine months ended September 30, 2020, we paid the Dealer Manager selling commissions and dealer manager fees totaling $<ix:nonFraction unitRef="usd" contextRef="ie174b56d11f844479ee5bf2f10311db5_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTg5MA_8e5d00e2-3365-45dd-a5ef-d27b26db4df8">2,530</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i0b2bd9c01e5a4779b579ac66eb46e8be_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMTg5Nw_786bdf92-2022-4fe9-b1d3-3edd70524e36">8,708</ix:nonFraction>, respectively.  A majority of the selling commissions and dealer manager fees are reallowed to participating broker-dealers.  Included in accrued offering costs, at September&#160;30, 2021 and December&#160;31, 2020, were $<ix:nonFraction unitRef="usd" contextRef="i075c35108e8248a38564bb6b03e55f2f_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AccruedOfferingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjA4MQ_82ac590a-d047-4a6c-b318-638877d0d2b2">125,123</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i15ce0261d65744a79059e4860e74237a_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:AccruedOfferingCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjA4OA_829cd363-633e-4f83-bb52-97cfcd52a5c2">105,770</ix:nonFraction> of future dealer manager fees payable, respectively. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021 and December&#160;31, 2020, we owed $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ReimbursementOfOrganizationAndOfferingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjE3MA_5a69a15e-3287-4d8f-ba5d-d2db41fa695a">1,551</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i807ea0283a0c4b048782ccf174bcd6f0_D20200101-20201231" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:ReimbursementOfOrganizationAndOfferingExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjE3Nw_3df4d3f6-332f-4c41-9415-bb5f1259cbb4">1,138</ix:nonFraction>, respectively, for organization and offering costs paid by LaSalle (see </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="#i14b6c28632be4a8892cac6528a8e850f_46">Note 6-Common Stock</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">). These costs are included in accrued offering costs. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">LaSalle Investment Management Distributors, LLC also serves as the dealer manager for the DST Program on a &#8220;best efforts&#8221; basis. Our taxable REIT subsidiary, which is a wholly owned subsidiary of our operating partnership, will pay the Dealer Manager upfront selling commissions, upfront dealer manager fees and placement fees of up to <ix:nonFraction unitRef="rate" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="INF" name="jllipt:DSTProgramSellingCommissions" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjY2Mw_222d7aec-7145-491a-a2d7-c345a7472883">5.0</ix:nonFraction>%, <ix:nonFraction unitRef="rate" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="INF" name="jllipt:DSTProgramDealerManagerFee" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjY2Nw_7c60e883-4886-46f0-9e2d-95cdae8f700f">1.0</ix:nonFraction>% and <ix:nonFraction unitRef="rate" contextRef="ibe6fed902087455a97edfbc261bd8224_D20210101-20210930" decimals="INF" name="jllipt:DSTProgramPlacementFees" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjY3NA_c5e1127b-103c-4f57-a18a-2ac1071537bb">1.0</ix:nonFraction>%, respectively, of the gross purchase price per unit of beneficial interest sold in the DST Program. All upfront selling commissions and upfront dealer manager fees are reallowed to participating broker-dealers.  For the three and nine months ended September 30, 2021, the taxable REIT subsidiary paid $<ix:nonFraction unitRef="usd" contextRef="i33478ed7b7e149c8bf5e3ea8f09893f4_D20210701-20210930" decimals="-3" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjkzNA_96078d04-bc60-434e-9591-99c1875e2036">535</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i7725c2094e5c4129bdc40d6ec4b69d35_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMjk0MQ_d61b57ae-eebc-4654-9750-130a097dfbe3">3,278</ix:nonFraction>, respectively, to the Dealer Manager. For the three and nine months ended September 30, 2020, the taxable REIT subsidiary paid $<ix:nonFraction unitRef="usd" contextRef="i476841c1d11c4ce1ba88d11c1ddc6c32_D20200701-20200930" decimals="-3" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMzAyOA_62b5fdbb-9d54-4bd7-b902-920957a24dcd">662</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="ie2da2ecdd734405d9be6a52b0e2321a4_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsOfStockIssuanceCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfMzAzNg_1893ad1c-7e30-40ed-8cb0-e70f41b0c229">1,574</ix:nonFraction>, respectively, to the Dealer Manager. In addition, the Dealer Manager may receive an ongoing investor servicing fee that is calculated daily on a </span></div></ix:nonNumeric><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">21</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><ix:continuation id="ic646604ee88b465f9ddcf110245302ec"><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">continuous basis from year to year equal to 1/365th&#160;of (a) 0.25% of the total equity of each outstanding unit of beneficial interest for such day, payable by the DSTs; (b) 0.85% of the NAV of each outstanding Class A OP Unit, 0.30% of the NAV of each outstanding Class M OP Unit or 0.30% of the NAV of each outstanding Class A-I OP Unit for such day issued in connection with our operating partnership's fair market value purchase option, payable by our operating partnership; and (c) 0.85% of the NAV of each outstanding Class A share, 0.30% of the NAV of each outstanding Class M share or 0.30% of the NAV of each outstanding Class A-I share for such day issued in connection with the investors' redemption right, payable by us. The investor servicing fee may continue for so long as the investor in the DST Program holds beneficial interests, Class A, Class M and Class A-I OP Units or Class A, Class M and Class A-I shares that were issued in connection with the DST Program. No investor servicing fee will be paid on Class M-I OP Units or Class M-I shares.  For the three and nine months ended September 30, 2021, the DSTs paid $<ix:nonFraction unitRef="usd" contextRef="i33478ed7b7e149c8bf5e3ea8f09893f4_D20210701-20210930" decimals="-3" name="jllipt:DSTInvestorServicingFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDMwNw_3fbab897-dd1e-4297-9e0e-c8d03b21e45f">206</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i7725c2094e5c4129bdc40d6ec4b69d35_D20210101-20210930" decimals="-3" name="jllipt:DSTInvestorServicingFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDMxNA_29a697cc-60b9-4107-8dc4-a02496f28369">510</ix:nonFraction> in investor servicing fees to the Dealer Manager in connection with the DST Program.  For the three and nine months ended September 30, 2020, the DSTs paid $<ix:nonFraction unitRef="usd" contextRef="i476841c1d11c4ce1ba88d11c1ddc6c32_D20200701-20200930" decimals="-3" name="jllipt:DSTInvestorServicingFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDQ1MQ_57fbf48c-eec5-43e7-9337-a58217dc794b">28</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="ie2da2ecdd734405d9be6a52b0e2321a4_D20200101-20200930" decimals="-3" name="jllipt:DSTInvestorServicingFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDQ1OQ_1f9da8db-9dac-4acf-9252-671a8d87aca2">46</ix:nonFraction>, respectively, in investor servicing fees to the Dealer Manager in connection with the DST Program.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">LaSalle also serves as the manager for the DST Program. Each DST pays the manager a management fee equal to a to-be-agreed upon percentage of the total equity of such DST. For the three and nine months ended September 30, 2021, the DSTs paid $<ix:nonFraction unitRef="usd" contextRef="i33478ed7b7e149c8bf5e3ea8f09893f4_D20210701-20210930" decimals="-3" name="jllipt:DSTAdvisorFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDgyMw_722d48a4-dbd6-45da-82eb-4a9bb5f5044d">123</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="i7725c2094e5c4129bdc40d6ec4b69d35_D20210101-20210930" decimals="-3" name="jllipt:DSTAdvisorFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDgzMA_bb2ea6c8-6ab0-4039-8f40-f8658bae35da">306</ix:nonFraction>, respectively, in management fees to our Advisor in connection with the DST Program. For the three and nine months ended September 30, 2020, the DSTs paid $<ix:nonFraction unitRef="usd" contextRef="i476841c1d11c4ce1ba88d11c1ddc6c32_D20200701-20200930" decimals="-3" name="jllipt:DSTAdvisorFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDk2Nw_ae139e0d-2bcc-4b63-bc9d-2d8cff1d9256">20</ix:nonFraction> and $<ix:nonFraction unitRef="usd" contextRef="ie2da2ecdd734405d9be6a52b0e2321a4_D20200101-20200930" decimals="-3" name="jllipt:DSTAdvisorFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81NS9mcmFnOjU5YjkzZTJkNWIxMTRkYjViNjhjNjYzNzM4NDk4M2I0L3RleHRyZWdpb246NTliOTNlMmQ1YjExNGRiNWI2OGM2NjM3Mzg0OTgzYjRfNDk3NQ_96c5199d-7951-4d57-8cd1-0f4d1fc4e08a">30</ix:nonFraction>, respectively, in management fees to our Advisor in connection with the DST Program.</span></div></ix:continuation><div id="i14b6c28632be4a8892cac6528a8e850f_58"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 10&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:CommitmentsAndContingenciesDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81OC9mcmFnOjE0ZWUwMDkwNjZmZTRiZGM5YzY1NjdkNjNiZWJlODlkL3RleHRyZWdpb246MTRlZTAwOTA2NmZlNGJkYzljNjU2N2Q2M2JlYmU4OWRfMTQ4NQ_f3db76b5-6e4b-4a46-a314-04ea533b8558" continuedAt="iaf261de404f94e7e8ebfdee37ec0843e" escape="true">COMMITMENTS AND CONTINGENCIES</ix:nonNumeric></span></div><ix:continuation id="iaf261de404f94e7e8ebfdee37ec0843e"><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are involved in various claims and litigation matters arising in the ordinary course of business, some of which involve claims for damages. Many of these matters are covered by insurance, although they may nevertheless be subject to deductibles or retentions. Although the ultimate liability for these matters cannot be determined, based upon information currently available, we believe the ultimate resolution of such claims and litigation will not have a material adverse effect on our financial position, results of operations or liquidity.</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From time to time, we have entered into contingent agreements for the acquisition and financing of properties.  Such acquisitions and financings are subject to satisfactory completion of due diligence or meeting certain leasing or occupancy thresholds.  </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to fixed ground lease payments on South Beach Parking Garage of $<ix:nonFraction unitRef="usd" contextRef="ibf66b1f9937e43f395e8cc39f2040ec1_D20210101-20210930" decimals="-3" name="us-gaap:PaymentsForRent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl81OC9mcmFnOjE0ZWUwMDkwNjZmZTRiZGM5YzY1NjdkNjNiZWJlODlkL3RleHRyZWdpb246MTRlZTAwOTA2NmZlNGJkYzljNjU2N2Q2M2JlYmU4OWRfOTI0_3803ad63-2b99-44c7-b011-edcb9b274c39">100</ix:nonFraction> per year until September 30, 2021, which will increase every five years thereafter by the lesser of 12% or the cumulative CPI over the previous five year period.  We are also subject to a variable ground lease payment calculated as 2.5% of revenue.  The lease expires September 30, 2041 and has a ten-year renewal option.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The operating agreement for Presley Uptown allows the unrelated third party joint venture partner, owning a 2.5% interest, to put its interest to us at a market determined value starting September 30, 2022 until September 30, 2024. </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The operating agreement for 237 Via Vera Cruz, 13500 Danielson Street and 4211 Starboard allows the unrelated third party joint venture partner, owning a 5% interest, to put its interest to us at a market determined value starting July 31, 2024.</span></div></ix:continuation><div id="i14b6c28632be4a8892cac6528a8e850f_61"></div><ix:nonNumeric contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" name="us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RleHRyZWdpb246ZTdkMGVlNTE3M2FhNDFlOGIzMzY1YjA0YWM2NDlmZmFfMzg1_2713b188-4dea-4f70-aa20-266d35ed9533" continuedAt="i8408831093c14e1e8b747e54aebe1ee9" escape="true"><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 11&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:SegmentReportingDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RleHRyZWdpb246ZTdkMGVlNTE3M2FhNDFlOGIzMzY1YjA0YWM2NDlmZmFfMzc3_a37f2832-24ba-451f-a7eb-fa66de37775c" continuedAt="iae6c8a340dcd42c5bbec47900168f38e" escape="true">SEGMENT REPORTING </ix:nonNumeric></span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="iae6c8a340dcd42c5bbec47900168f38e" continuedAt="ibdcd4de068a8419385e7a1059b7377e1">We have five reportable operating segments: residential, industrial, office, retail and other properties. Consistent with how our chief operating decision makers evaluate performance and manage our properties, the financial information summarized below is presented by operating segment and reconciled to net income for the three and nine months ended September 30, 2021 and 2020.</ix:continuation></span></div></ix:nonNumeric><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt"><ix:continuation id="i8408831093c14e1e8b747e54aebe1ee9" continuedAt="i3ea396c5e8214918b5432ed0d9eb5db0"><ix:continuation id="ibdcd4de068a8419385e7a1059b7377e1" continuedAt="i9fddcbd5e1a74ea0a89081e708812339"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:38.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.256%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.525%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.671%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.043%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Industrial</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Office</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Residential</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Retail</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Other</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Total</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets as of September 30, 2021</span></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iea06546a84ba46fa86626c10d02939c5_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMS0zLTEtMS0w_64ca5acb-e4bd-4bf4-9bc1-1deaa5b3c231">972,035</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i33d3a694e0234c6fa3d7a1e20f1eb432_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMS01LTEtMS0w_b40e148d-9cad-40db-8113-8c222b857cf3">381,716</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3529bcc4c024338a378952a325db644_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMS03LTEtMS0yMjYwNg_f809d683-2271-4385-985c-7481cce7ef50">1,119,197</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i86f30f26120e4be1bf4739c409272d55_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMS03LTEtMS0w_891b60fc-f569-4033-94f3-536536a07b2f">569,193</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i68efa77726f646fb93e53df472f06c4e_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMS05LTEtMS0w_5c248b53-7c68-4e88-a54a-35d0a428f589">23,177</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i6e59ded4b8c64df980ab8ec425b9bf47_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMS0xMS0xLTEtMA_ad917819-456e-4a11-9e4b-89505a3f354f">3,065,318</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets as of December 31, 2020</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ie00f7ccfd2ed45e8a55993d0d726713f_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMi0zLTEtMS0w_ef1b3091-5390-43b3-b05c-bb694a1f64ab">659,870</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i90f03805aba04fca90af1eb87924d22b_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMi01LTEtMS0w_8a277ef8-3899-4d49-bc92-7cf0462ed132">277,556</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i26ae2ab5062b452fb48295912e812e77_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMi03LTEtMS0yMjYwNg_7ae06b88-fcd4-469e-8a46-9a9f885ff893">788,060</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i08be262a26e0400aa3aed342434996cc_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMi03LTEtMS0w_3b18d123-8b37-404d-98f0-475f2b4665c3">577,588</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b48a4c613084f849721a907b6879f36_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMi05LTEtMS0w_be960285-5d2d-4df2-bf2f-f47a0a871163">22,134</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0f08dffa247a4ca0a025c95411ddf7ef_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMi0xMS0xLTEtMA_e8b52a73-37d4-4764-8f50-528cacda0f5a">2,325,208</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital expenditures by segment</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNi0zLTEtMS0w_2028a707-773f-45b2-83c5-3759c8bfb876">4,118</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNi01LTEtMS0w_69e9d1b9-9026-4760-afda-7881e22ff88d">718</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNi03LTEtMS0yMjYwNg_f8bce48b-c8bb-43bc-9aba-5249c1564ab3">1,487</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNi03LTEtMS0w_c26e6a53-702e-4dd9-8c82-7383d14549a7">634</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNi05LTEtMS0w_6aa6778f-924b-4b58-93b2-12232057fe91">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNi0xMS0xLTEtMA_2127161f-9618-43c0-924a-2e9ee42b82a0">6,957</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental revenue</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfOS0zLTEtMS0w_256c784c-cb0b-4732-9c8c-f9ae2de1ea74">18,126</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfOS01LTEtMS0w_8f113b49-5995-4402-a48a-4d16da797055">8,791</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfOS03LTEtMS0yMjYwNg_96f04df1-f37c-4272-bfe6-b32a86daa909">18,668</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfOS03LTEtMS0w_23bb20c2-c820-445d-93c6-7dea446a3c48">12,332</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfOS05LTEtMS0w_7e193c23-c2fc-4d12-bdbe-ee7741a2d8bb">183</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfOS0xMS0xLTEtMA_f8bbca43-0fb6-4be3-9f79-5d4736a51599">58,100</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other revenue</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTAtMy0xLTEtMA_f855c49e-e16a-4adc-8707-dc4951f8dbe0">66</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTAtNS0xLTEtMA_b6dfdf09-16ab-4b94-af17-b5169e1fd881">397</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTAtNy0xLTEtMjI2MDY_a3a1c0b5-c319-43e9-8d6c-5a324098b85e">1,546</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTAtNy0xLTEtMA_89b3de0d-2344-4708-bf02-67fbd0fe824e">207</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTAtOS0xLTEtMA_8ed458f7-3e63-4011-bb41-a67082ca5280">611</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTAtMTEtMS0xLTA_3ec7173e-5348-4571-b677-f3e455755278">2,827</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total revenues</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTEtMy0xLTEtMA_ca0da423-28c8-4a00-91c8-f880ebac4aa9">18,192</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTEtNS0xLTEtMA_b2f7613b-3636-4213-bfbf-83b9329d0352">9,188</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTEtNy0xLTEtMjI2MDY_1b3df2cf-dcc7-4012-a7d7-17900443a76f">20,214</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTEtNy0xLTEtMA_a262eaf8-e65e-4ed3-bd04-0e142d4fb860">12,539</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTEtOS0xLTEtMA_939fbcbc-b8b0-434b-9649-d6889a227b63">794</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTEtMTEtMS0xLTA_e25d8e3f-3340-42c0-85ba-39af7f663983">60,927</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Real estate taxes</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTMtMy0xLTEtMA_0f30ab75-a370-4495-9fec-2b888f2d477f">2,629</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTMtNS0xLTEtMA_a1ec43dd-56ae-491e-a237-91bceeb62c37">823</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTMtNy0xLTEtMjI2MDY_e9adf4b6-f0a6-4d00-bb21-970527cc81f7">3,266</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTMtNy0xLTEtMA_77c3e125-67bb-44c4-829b-81d7e936cc89">1,451</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTMtOS0xLTEtMA_3fb66ffb-7322-46d2-8465-89ccb6d526e6">113</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTMtMTEtMS0xLTA_b6646024-3495-464e-844a-1237d0d18650">8,282</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property operating expenses</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTQtMy0xLTEtMA_4c28629a-f1a6-487f-b629-22c4d9812e2d">1,398</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTQtNS0xLTEtMA_c7527b7a-81d2-4d96-bdfb-d13f74c777a5">1,823</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTQtNy0xLTEtMjI2MDY_3f719492-dcaa-446e-8cb1-b2d5417fc60b">5,834</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTQtNy0xLTEtMA_1eabb734-b903-4a6e-bc37-ba5f527a6920">1,709</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTQtOS0xLTEtMA_1523654a-5c52-4b24-9df7-710c17a1c716">183</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTQtMTEtMS0xLTA_d8e33f76-e2a3-4b0a-9334-acb65271aad7">10,947</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total segment operating expenses</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia2a4c802bae5499193fee10fcac181c5_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTYtMy0xLTEtMA_755f752c-571e-4885-85b6-1ac61c21fed7">4,027</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i76277e9f74e64686b6e48f598730092d_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTYtNS0xLTEtMA_f48804a6-57ca-4dd2-913e-73a84b6e827f">2,646</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib6a3b1be1a3a4f479ee7c542cb187f69_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTYtNy0xLTEtMjI2MDY_95a2d742-64dd-4a5e-821f-0cab3bd448d5">9,100</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29ac547225154874aebeb1fa9b4645b4_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTYtNy0xLTEtMA_39b2e959-0d52-4c7b-9d3f-ed7609b7899b">3,160</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i652206ef8b104f2bab2edd7edbf7dc23_D20210701-20210930" decimals="-3" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTYtOS0xLTEtMA_e590b83d-be24-479e-86fb-dd4568cd7a57">296</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ia3a31df6f1ac45af8f7c8813071c3a2e_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMTYtMTEtMS0xLTA_799171df-5d5e-4c64-ad42-06aeb37187d1">19,229</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reconciliation to net income</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property general and administrative</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMjAtMTEtMS0xLTA_61ade021-9682-4f97-a9ae-a876b53f57c3">470</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Advisor fees</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMjEtMTEtMS0xLTA_b3dc21fc-247d-40c6-803f-79f8c335f07a">21,546</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Company level expenses</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMjItMTEtMS0xLTA_b591071c-adbe-4b00-a59d-ee8ed5b1119d">940</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Depreciation and amortization</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMjUtMTEtMS0xLTA_bccb9e17-863e-4c0e-86af-4d22c07d9908">23,519</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income and (expenses):</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Interest expense</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMjgtMTEtMS0xLTA_1d7c148d-5812-4dea-a522-6751ca853205">11,714</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Loss from unconsolidated real estate affiliates and fund investment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMjktMTEtMS0xLTA_065b1712-098a-40a1-a7c6-e34127cf9710">1,270</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Investment income on marketable securities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:InvestmentIncomeDividend" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzItMTEtMS0xLTM1NDUx_2368e3e7-9752-472e-b01c-2c3ca9d708dd">88</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Net realized gain upon sale of marketable securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzItMTEtMS0xLTIyNzUy_5b004fa9-05a9-4ade-86a4-5536024c6fc3">38</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Net unrealized change in fair value of investment in marketable securities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzMtMTEtMS0xLTIyNzUy_0351b92b-8482-463c-946b-9078333f9831">1,711</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total other income and (expenses)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzItMTEtMS0xLTA_4f55e141-eb1a-49e4-b383-f3dac4a9adb7">14,569</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="if8f57089173748c582e1afccd36ef6cc_D20210701-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzMtMTEtMS0xLTA_76c4e6b9-ae6d-4525-9bc6-83b9805c8fec">19,258</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reconciliation to total consolidated assets as of September 30, 2021</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Assets per reportable segments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i6e59ded4b8c64df980ab8ec425b9bf47_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzYtMTEtMS0xLTA_7e2d2b40-30de-4adc-806e-5bcf1ab7ebc3">3,065,318</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in unconsolidated real estate affiliates, real estate fund investment and corporate level assets</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i27784f5f8e1842618578a177c071f2a4_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzctMTEtMS0xLTA_996aa84b-d942-4138-8392-ec1499d1cc94">674,413</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total consolidated assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfMzgtMTEtMS0xLTA_394dbbc5-1877-47b2-8a81-51a23bfcdf4d">3,739,731</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="30" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reconciliation to total consolidated assets as of December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Assets per reportable segments </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3130170886ca4e5c87051798cf8eefce_I20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNDEtMTEtMS0xLTA_f2a83ce2-6c9e-4644-b38d-68d142d7860e">2,325,208</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in unconsolidated real estate affiliates, real estate fund investment and corporate level assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i33b6688c6d504fabab3c95053fcb0d48_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNDItMTEtMS0xLTA_aaec0b2b-d920-4403-af52-7cbcede9646e">333,391</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total consolidated assets</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="if836de4b89984f0482c6691403913229_I20201231" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Assets" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOmVkMzY1ZWM4MjQ5OTRkZDM4OWE1ZTQyZTc2MzJkN2UyL3RhYmxlcmFuZ2U6ZWQzNjVlYzgyNDk5NGRkMzg5YTVlNDJlNzYzMmQ3ZTJfNDMtMTEtMS0xLTA_0294f7b9-e6d0-41b6-a2aa-d8d195cb0587">2,658,599</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></ix:continuation></ix:continuation></div><div style="margin-top:9pt"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">23</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:19pt"><ix:continuation id="i3ea396c5e8214918b5432ed0d9eb5db0"><ix:continuation id="i9fddcbd5e1a74ea0a89081e708812339"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.397%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.964%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.432%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Industrial</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Office</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Residential</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Retail</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Other</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Total</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital expenditures by segment</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMy0zLTEtMS0w_a5105ef8-b38e-4b8c-aacf-4d51dcace8f5">837</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMy01LTEtMS0w_5802e153-285d-4779-b3c9-a1006baa694e">651</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMy03LTEtMS0yMjY1MA_c37154c3-24eb-4b44-8ea9-5eea3d9576db">1,067</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMy03LTEtMS0w_12d21343-b019-4525-ad3b-ade1e7ac29bc">123</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMy05LTEtMS0w_abb4d115-4e5c-48fb-a8dc-26f18bed47cd">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMy0xMS0xLTEtMA_7ec59137-fda4-42ce-a6e5-6a7cca944e2f">2,678</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental revenue</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNi0zLTEtMS0w_4d87bb30-ba46-46d5-94ca-665d38f08c85">12,934</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNi01LTEtMS0w_9fa1ab7c-cba1-4c8d-bb14-2ec1b8cc54e8">6,931</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNi03LTEtMS0yMjY1MA_4b999ce1-b276-4e26-bf86-df77ddb23837">15,594</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNi03LTEtMS0w_20e5ced5-b2a9-4900-9305-8c2b0992b66c">11,436</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNi05LTEtMS0w_af86ac50-672c-4edb-886b-23411e784766">75</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNi0xMS0xLTEtMA_b44f9efc-73cc-4ccd-a663-b1b0706c863a">46,970</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other revenue</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNy0zLTEtMS0w_fcb18747-4999-416a-9274-390de38fc1e8">134</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNy01LTEtMS0w_a0508652-1797-42c3-ba8a-797fc56ed736">326</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNy03LTEtMS0yMjY1MA_5a53ac62-06e5-4f75-bf02-78dbe23e9d91">1,030</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNy03LTEtMS0w_c257683f-afdb-49d8-b7e3-ae6406b0c81d">278</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNy05LTEtMS0w_42fa6a13-f500-404f-b451-45dbf3819537">299</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfNy0xMS0xLTEtMA_31eb6165-9bac-4737-84db-7cda8db62615">2,067</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total revenues</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfOC0zLTEtMS0w_0f8a479f-2ed7-4f16-90d0-a8942d1b1509">13,068</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfOC01LTEtMS0w_de0b46e2-2115-40e6-b932-c219bf1d734d">7,257</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfOC03LTEtMS0yMjY1MA_a2e505be-8580-410e-b7c5-449c74176664">16,624</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfOC03LTEtMS0w_59a9751f-00a6-4b28-a0f3-bbb17978423a">11,714</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfOC05LTEtMS0w_d1a58c93-d4f4-4571-ac22-f75ed7a51ec2">374</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfOC0xMS0xLTEtMA_393a7360-85e1-4a79-abad-fbfeba334a4f">49,037</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Real estate taxes</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTAtMy0xLTEtMA_398bdd49-5ee9-4c95-9d92-fbd0ddf36e07">2,067</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTAtNS0xLTEtMA_24844c3c-0692-4fbc-9af7-5ec9b3b0254c">875</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTAtNy0xLTEtMjI2NTA_5109942f-e83d-474e-8d0a-5998051c63e2">3,012</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTAtNy0xLTEtMA_48be98ba-0898-4903-bcca-f4d85d6a807f">1,525</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTAtOS0xLTEtMA_13f6be0a-5509-4f0d-b46e-501ebe92173e">93</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTAtMTEtMS0xLTA_46d51049-54d8-4718-b58e-b5ea27a50c0b">7,572</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property operating expenses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTEtMy0xLTEtMA_425a08a1-6ba8-41d7-b8e8-8148c98aa310">1,062</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTEtNS0xLTEtMA_cdd427b0-672a-4a8f-b270-759dbf6fd2e6">1,635</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTEtNy0xLTEtMjI2NTA_27e56d7b-894b-46bb-a9ae-d2fd01ad549c">5,225</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTEtNy0xLTEtMA_6c1226f6-eaa9-4bd2-8a53-026e2c97ab38">1,879</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTEtOS0xLTEtMA_9782313f-0079-4540-9f2b-d67b8a0503cf">174</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTEtMTEtMS0xLTA_ec9b3be2-8fe9-496b-927f-932742bedc09">9,975</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total segment operating expenses</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ibd00e372f47a439d8fba80aece0195d3_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTMtMy0xLTEtMA_2bdb0a0c-1c09-45c5-bb26-39c5463e48ef">3,129</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i7d7b484dc9304022856648e6505e8e65_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTMtNS0xLTEtMA_5c9c14f7-9433-4e44-9da8-86cbeee0c844">2,510</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ib3761f21ed104f82a12c79962e3eee13_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTMtNy0xLTEtMjI2NTA_23bf99dd-d5f6-4db4-87bd-a9db5bbef98c">8,237</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0eb2061e7b684cebb176328ece175060_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTMtNy0xLTEtMA_0197c817-2260-48f1-9cc2-1d4b48915297">3,404</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3d34ae860e964f8ab2d1bef72db78adc_D20200701-20200930" decimals="-3" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTMtOS0xLTEtMA_796a052d-33cf-4d71-b5a6-4e63e2bc3e77">267</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTMtMTEtMS0xLTA_1986ded7-5d82-4c62-96fb-a2a5662ec287">17,547</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="36" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reconciliation to net income</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property general and administrative</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTctMTEtMS0xLTA_1dac20a2-f973-4707-8a10-51526e38c672">728</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Advisor fees</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTgtMTEtMS0xLTA_b81a98df-40d6-4af2-bc15-9b7f81fc9d3a">6,192</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Company level expenses</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMTktMTEtMS0xLTA_e5ac7b2f-733d-4bfe-85a0-2b0db65f65b2">693</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Depreciation and amortization</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMjItMTEtMS0xLTA_8b29e08d-f9b6-419f-a658-8a735aa45ab1">18,830</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income and (expenses):</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Interest expense</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMjUtMTEtMS0xLTA_148eff1a-1cb7-4393-b153-feca3acb24de">8,391</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Loss from unconsolidated real estate affiliates and fund investment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMjctMTEtMS0xLTA_83a75529-9d2e-4239-9240-bee3db5a80a1">3,289</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total other income and (expenses)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i04fda61be2a64441b44294fa247a35b9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMzAtMTEtMS0xLTA_abed3786-3f4c-43ec-80ec-2eecad8b3a1e">15,160</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i2b987216665747fb84e1846028055aa9_D20200701-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82MS9mcmFnOmU3ZDBlZTUxNzNhYTQxZThiMzM2NWIwNGFjNjQ5ZmZhL3RhYmxlOjdmMmFjNTQzYjU3ZDQ5ZjRiNTA3ZTlmYzUyNTYwMTUwL3RhYmxlcmFuZ2U6N2YyYWM1NDNiNTdkNDlmNGI1MDdlOWZjNTI1NjAxNTBfMzEtMTEtMS0xLTA_15d6adf2-c8f7-4709-9032-db898adb1390">10,113</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></ix:continuation></ix:continuation></div><div style="margin-top:14pt;text-align:center"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">24</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_64"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:5pt"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RleHRyZWdpb246ZDY1NzM3YmE0ZWJhNDE3MDhhYjJhOGE2YzhjYWNjZTZfOA_8eee54fd-59bd-4175-a6b2-9c8e8301c0df" escape="true"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.981%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.410%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Industrial</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Office</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Residential</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Retail</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Other</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Total</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital expenditures by segment</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMy0zLTEtMS0w_cdb62706-5b18-49ae-829e-4d86c660816e">12,999</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMy01LTEtMS0w_c1f80380-4e50-47f2-9f1e-c92ba385a500">2,055</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMy03LTEtMS0yMjYyOA_e24a3b9e-53c1-40fa-85f9-ddff0690c35d">4,103</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMy03LTEtMS0w_f7d517f4-481a-467e-a8c6-4e20765fd153">2,110</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMy05LTEtMS0w_2b054306-00fc-495d-88fd-444fd486c3be">16</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMy0xMS0xLTEtMA_bb4876c2-56ae-4cbc-9902-cc3b219c581a">21,283</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Rental revenue</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNi0zLTEtMS0w_60787606-4480-4db4-ac52-a3170f376916">49,331</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNi01LTEtMS0w_c3c48e70-0981-4ec5-8f1a-bf2a32a29ff8">23,788</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNi03LTEtMS0yMjYyOA_162ccb93-5c59-4a31-a66e-c6964bc96de1">51,451</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNi03LTEtMS0w_e1dbc8b8-bbe8-483e-bc08-1a288ffb9cef">36,523</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNi05LTEtMS0w_94c08586-edd5-4824-b365-1ef92822882a">276</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNi0xMS0xLTEtMA_0cf2a276-3e13-4d5f-9973-9d26c356bd5e">161,369</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Other revenue</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNy0zLTEtMS0w_33b02400-45e9-465f-ba22-e6345de338b3">128</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNy01LTEtMS0w_37a351bb-2e02-4977-9fbf-b779831770bf">1,212</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNy03LTEtMS0yMjYyOA_a0661701-1d2e-4b3e-8b84-2666f8b38da0">4,424</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNy03LTEtMS0w_6f7f6f6c-42a5-4343-8ab6-750b5f0af786">383</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNy05LTEtMS0w_840ed264-4053-4549-ac1d-e6e140e800ed">2,038</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfNy0xMS0xLTEtMA_038f64c8-3d07-4c1e-bc2c-571badd7bcd7">8,185</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total revenues</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfOC0zLTEtMS0w_4d8b1ae8-2709-45dc-a4f5-e0ab4b89b363">49,459</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfOC01LTEtMS0w_b493f3b9-e9b5-47c6-8a69-de2cc0acf128">25,000</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfOC03LTEtMS0yMjYyOA_7a5fd89c-8abf-4c93-b3f8-bb9f4d2fc76e">55,875</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfOC03LTEtMS0w_bef82d1d-7a1e-4c19-8ad1-71585ce2f6aa">36,906</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfOC05LTEtMS0w_b6c1ca86-c4e7-489a-92db-c12ec827c983">2,314</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfOC0xMS0xLTEtMA_9da7f3a7-0cd0-4623-9c12-e6f0390d3b22">169,554</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Real estate taxes</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTAtMy0xLTEtMA_f6d0d196-4d69-4c5b-9db4-23f08a4ee883">7,606</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTAtNS0xLTEtMA_e1132fc1-adf0-498a-a3c1-0bd7fbd35a61">2,451</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTAtNy0xLTEtMjI2Mjg_3d8c7104-236e-44be-87f9-6c3daeca8119">9,443</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTAtNy0xLTEtMA_a97fe4be-b980-4218-9fd7-39fd3a235f11">4,723</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTAtOS0xLTEtMA_063084e9-178e-4d24-91d4-5504abb81f91">350</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTAtMTEtMS0xLTA_6956bbfb-9ece-4684-8a5c-00c7ef28645b">24,573</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property operating expenses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTEtMy0xLTEtMA_6d4ec337-6f8a-4dd7-aaee-312e8efea351">3,894</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTEtNS0xLTEtMA_b41b9baf-6b8b-467a-b1a4-54730ebb9c07">4,878</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTEtNy0xLTEtMjI2Mjg_6d1d2c7c-46ae-4be3-aa37-7247aaa2b706">15,768</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTEtNy0xLTEtMA_dcde369a-3926-47bf-a3d1-1d58bd7017fa">5,952</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTEtOS0xLTEtMA_80a30492-77ab-4201-af0f-c1002eb2022e">560</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTEtMTEtMS0xLTA_fc37e575-14e2-4aa3-b5c9-0d525cb5b8c6">31,052</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total segment operating expenses</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i126c3ff9daed45b5b15bffe8735a3672_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTMtMy0xLTEtMA_78d4ce4b-df63-47b6-9602-28617467986e">11,500</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ieef7c65439484fe994672afd67492e46_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTMtNS0xLTEtMA_b0465fc8-6e14-4e88-b47a-82461fa242d2">7,329</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iec55c844561c4708a1d2358469e148b8_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTMtNy0xLTEtMjI2Mjg_95cfd49d-4df2-474b-8fde-12995fb22931">25,211</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9677a018e3ca41aca5096483b8478480_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTMtNy0xLTEtMA_f91d6901-573b-489b-9f25-c4b8c7d8f14b">10,675</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i51c0f92e91a14453ba369aaf40b7f648_D20210101-20210930" decimals="-3" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTMtOS0xLTEtMA_d8a0945a-489a-4c89-9ffd-46cd04223dcc">910</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i3bf1a62810994a61b4d3bad51bb8828e_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTMtMTEtMS0xLTA_4a8d85a1-29c4-48cf-ae6f-dd2a041bc410">55,625</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="36" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reconciliation to net income</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property general and administrative</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTctMTEtMS0xLTA_4bc938f5-6bd9-47d0-8ccd-5dd66da4eecf">946</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Advisor fees</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTgtMTEtMS0xLTA_4eb38a0e-13c8-4c56-80d6-e90d24d7de70">34,620</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Company level expenses</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMTktMTEtMS0xLTA_043da8a0-94a3-4426-b62d-31f25ea8ae25">3,123</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Depreciation and amortization</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjEtMTEtMS0xLTA_d38ff6dc-23d8-4148-89f6-cdbfc1e34c33">64,682</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income and (expenses):</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Interest expense</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjQtMTEtMS0xLTA_3aba85dd-c943-4dab-8a1c-e31718732869">31,264</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Loss from unconsolidated real estate affiliates and fund investments</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjUtMTEtMS0xLTA_8d6ebf81-3d8f-4b4f-9d6d-2a2a8219bfcb">4,021</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Investment income on marketable securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:InvestmentIncomeDividend" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjgtMTEtMS0xLTM1NDY1_08d221c0-439d-40bc-b046-3a6f1f45781f">88</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Net realized gain upon sale of marketable securities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiRealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjgtMTEtMS0xLTIyNzkx_6ab3a724-2737-4658-b0c3-c7ef82ccc034">38</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="30" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Net unrealized change in fair value of investment in marketable securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjktMTEtMS0xLTIyNzkx_e0f7ce42-21b9-4463-b934-36c815a62258">1,711</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Gain on disposition of property and extinguishment of debt, net</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:GainsLossesOnExtinguishmentOfDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjctMTEtMS0xLTA_5a6c7454-b083-433b-9d9d-5248dba9870b">33,422</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total other income and (expenses)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjgtMTEtMS0xLTA_640be83d-6991-4db3-a8c2-8599c33686a2">3,448</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOjU5MDY5NDJmOGRhNzRlNWZiMmQ5YWY4YzVkMDFkNzUzL3RhYmxlcmFuZ2U6NTkwNjk0MmY4ZGE3NGU1ZmIyZDlhZjhjNWQwMWQ3NTNfMjktMTEtMS0xLTA_1f44dfda-a2a0-43d8-84ff-53b94dc18877">7,198</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.981%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.110%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.818%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.409%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Industrial</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Office</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Residential</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Retail</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Other</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;Total</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital expenditures by segment</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMy0zLTEtMS0w_a9730449-d109-42f2-a1c7-d4fb571be4ff">1,652</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMy01LTEtMS0w_f8c71472-daa9-4904-b205-4f5dd0798e61">2,112</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMy03LTEtMS0yMjY2OQ_15a3b363-7393-444c-ae74-3922860f4489">2,796</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMy03LTEtMS0w_cee29884-9e10-46e5-8148-a2d6b777d729">972</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMy05LTEtMS0w_30c438fc-4d4c-4728-b055-5e2a4f8c17b4">&#8212;</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:PaymentsForCapitalImprovements" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMy0xMS0xLTEtMA_c3125401-3c29-4c0d-a726-e2ed2bbbd90b">7,532</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Rental revenue</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNi0zLTEtMS0w_0de1a390-c802-4629-83fa-6deb8c609aa9">36,816</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNi01LTEtMS0w_8e664572-6445-477b-9a52-fea463edb3e7">20,244</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNi03LTEtMS0yMjY2OQ_d65202b7-d155-4668-a970-2d0187579a8f">47,874</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNi03LTEtMS0w_e592e866-6049-40dd-ad2b-29c15843a901">34,218</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNi05LTEtMS0w_034002b7-1f43-4db4-933c-3ba82ff761a3">218</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingLeaseLeaseIncome" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNi0xMS0xLTEtMA_76a90f4c-31a2-40df-a112-b4e38b724f73">139,370</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Other revenue</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNy0zLTEtMS0w_57e4f650-f370-4daf-bfcc-5ca70c993684">323</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNy01LTEtMS0w_fa83015c-e027-41f7-ad79-24ab0372cc46">983</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNy03LTEtMS0yMjY2OQ_c7db01e5-61fa-4f7c-a725-c34d6146710a">2,543</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNy03LTEtMS0w_2ef11004-ab5c-4ddf-bbd6-c71ebf9b4d88">490</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNy05LTEtMS0w_64d26835-b9d1-4ca2-93ac-d1fc4bbb569d">904</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OtherRevenueExpenseFromRealEstateOperations" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfNy0xMS0xLTEtMA_d0a27615-4ab0-45c7-b7f8-b71b8ebc0ba7">5,243</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total revenues</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfOC0zLTEtMS0w_ae3c08af-a613-4c7c-85d5-000c13942f01">37,139</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfOC01LTEtMS0w_8e36987d-a18e-4f43-9fa9-fd64aa50dd87">21,227</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfOC03LTEtMS0yMjY2OQ_c02690e2-ca5b-47cc-a9be-e09a809aa38a">50,417</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfOC03LTEtMS0w_dd13c639-4a2b-4542-8d76-a37d66196cb8">34,708</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfOC05LTEtMS0w_1fa5a984-38dd-436f-ab08-3154e9315229">1,122</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:Revenues" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfOC0xMS0xLTEtMA_4cb94c42-4df7-4853-9388-0e487b097118">144,613</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Real estate taxes</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTAtMy0xLTEtMA_d8d4e6f2-802c-4660-8cbd-54e04b2959d8">6,193</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTAtNS0xLTEtMA_8a620367-2fcb-4115-ab21-c3b97a8d0eba">2,581</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTAtNy0xLTEtMjI2Njk_84a5aaaa-0c08-43d7-b90e-a2fe6bae9e71">8,845</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTAtNy0xLTEtMA_4cd6ab0e-f5a1-4cd3-bd04-70a5bb2fcfe3">4,535</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTAtOS0xLTEtMA_a2838f5a-d589-416e-bd63-18e1f8621068">265</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:RealEstateTaxExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTAtMTEtMS0xLTA_8a0c176c-06af-467c-b1cf-8fc5f2d46c6c">22,419</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property operating expenses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTEtMy0xLTEtMA_95b6febf-3ad1-4539-a39f-c9dacbfd47c4">3,045</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTEtNS0xLTEtMA_ab135a6c-6a25-4419-9ec4-146c0fefe1f5">4,289</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTEtNy0xLTEtMjI2Njk_b4ae9b6a-32c3-4021-a5af-4882a34072e7">14,278</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTEtNy0xLTEtMA_f3209506-e548-4911-b949-4e593a6c05b6">5,408</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTEtOS0xLTEtMA_9a9265b3-31b3-4c16-820f-f0d444e7843e">534</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DirectCostsOfLeasedAndRentedPropertyOrEquipment" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTEtMTEtMS0xLTA_41a48da6-227f-48d2-a312-d035e43ac8e3">27,554</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total segment operating expenses</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i0cdf1241872b4288b15cfc6daf01d770_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTMtMy0xLTEtMA_a63dd8de-90e2-4537-8bba-f44924ec99ad">9,238</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i159046d858ab4459a05e106377c013f3_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTMtNS0xLTEtMA_1776489e-baa5-496d-9073-09d4031b9a75">6,870</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="iaf2d857b71794ce4aba3fb1a4acdd5ae_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTMtNy0xLTEtMjI2Njk_e912aef7-0865-4ff5-9c27-fe7a058b5e13">23,123</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i13de1a6ac1214fa4a3d14c2a170c3775_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTMtNy0xLTEtMA_250f1e1c-bcf1-4e2c-8c01-32d873fbe932">9,943</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="ic84273e3fd954b829536b2b3c59d49c3_D20200101-20200930" decimals="-3" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTMtOS0xLTEtMA_43c21bbf-0708-41c4-a5b5-8d4c86e4ecdc">799</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i29292eb2844e4c24aab4dd0db8859476_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:OperatingCostsAndExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTMtMTEtMS0xLTA_a9d9843e-cb58-4d6d-ac01-ec2723e21157">49,973</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="36" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reconciliation to net income</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Property general and administrative</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:GeneralAndAdministrativeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTctMTEtMS0xLTA_0493c31e-7843-4b50-8bbc-d06c91743262">3,609</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Advisor fees</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:NoninterestExpenseInvestmentAdvisoryFees" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTgtMTEtMS0xLTA_405e93c5-459d-403d-bc04-6052397a1c87">19,049</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Company level expenses</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="jllipt:FundLevelExpenses" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMTktMTEtMS0xLTA_50385349-e5b2-416d-9dfa-4bcfb9f8b6f6">2,241</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Depreciation and amortization</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:DepreciationAndAmortization" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMjItMTEtMS0xLTA_1a94cd6c-eb5e-455b-9a88-718ec66305ce">56,450</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income and (expenses):</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Interest expense</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:InterestExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMjUtMTEtMS0xLTA_044a555a-bc8d-4272-9711-0acbf94bb767">32,191</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="30" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Loss from unconsolidated real estate affiliates and fund investments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromEquityMethodInvestments" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMjctMTEtMS0xLTA_a74aa04d-be2a-4c52-8276-ec317f7403d1">16,186</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Gain on disposition of property and extinguishment of debt, net</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:GainsLossesOnExtinguishmentOfDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMjktMTEtMS0xLTA_b7d9c9d1-db8b-4b3b-8704-406e3affbed9">1,772</ix:nonFraction>)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total other income and (expenses)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:OtherNonoperatingIncomeExpense" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMzAtMTEtMS0xLTA_abf8991e-aa6b-4168-875e-66bebb49bd6f">50,149</ix:nonFraction>)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="icec56d45b9774a168e6a263c71d8d896_D20200101-20200930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl82NC9mcmFnOmQ2NTczN2JhNGViYTQxNzA4YWIyYThhNmM4Y2FjY2U2L3RhYmxlOmM4MDBlOTZhN2VhZDQ3NWE5MDFjMWUxYTdkZGY5MDI0L3RhYmxlcmFuZ2U6YzgwMGU5NmE3ZWFkNDc1YTkwMWMxZTFhN2RkZjkwMjRfMzEtMTEtMS0xLTA_fe42d678-1eab-40e7-971e-3304834f35e8">36,858</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></ix:nonNumeric></div><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div><div id="i14b6c28632be4a8892cac6528a8e850f_1367"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 12&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGV4dHJlZ2lvbjo5MTYwNzkzYzE3MWM0MTQ5OTQwYjkzMTczZGJiNTFlMl8zODQ4MjkwNzAwNTc3_885ebade-d72f-47a0-a5d8-3aace6461e82" continuedAt="i30385766eb9e46d9a4961d77718079a9" escape="true">INVESTMENT IN MARKETABLE SECURITIES </ix:nonNumeric></span></div><ix:continuation id="i30385766eb9e46d9a4961d77718079a9" continuedAt="ife9c0717c96f47539461dc0dcf82deea"><ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:MarketableSecuritiesTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGV4dHJlZ2lvbjo5MTYwNzkzYzE3MWM0MTQ5OTQwYjkzMTczZGJiNTFlMl8zODQ4MjkwNzAwNTc4_214ba69d-4e91-4f71-8cb1-6968782aa45e" escape="true"><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following is a summary of our investment in marketable securities held as of September&#160;30, 2021, which consisted entirely of stock of publicly traded REITs.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:79.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.784%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in marketable securities - cost</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiCurrentAndNoncurrent" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGFibGU6OTQyOWRhOTIwZWM2NDQ4ZmI0NzI3ZTA0MDI5ZmIwOTMvdGFibGVyYW5nZTo5NDI5ZGE5MjBlYzY0NDhmYjQ3MjdlMDQwMjlmYjA5M18xLTEtMS0xLTIzOTAz_70ef3c1f-7a70-492c-83d6-27c1b868a7f2">29,888</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized gains</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiUnrealizedGain" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGFibGU6OTQyOWRhOTIwZWM2NDQ4ZmI0NzI3ZTA0MDI5ZmIwOTMvdGFibGVyYW5nZTo5NDI5ZGE5MjBlYzY0NDhmYjQ3MjdlMDQwMjlmYjA5M18yLTEtMS0xLTIzOTA4_fb8919cb-5ca1-4ac8-8668-b24f9e92168a">83</ix:nonFraction>&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized losses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGFibGU6OTQyOWRhOTIwZWM2NDQ4ZmI0NzI3ZTA0MDI5ZmIwOTMvdGFibGVyYW5nZTo5NDI5ZGE5MjBlYzY0NDhmYjQ3MjdlMDQwMjlmYjA5M18zLTEtMS0xLTIzOTA4_af33896e-d258-4daa-8a36-9f231f9efad0">1,794</ix:nonFraction>)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized loss</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" sign="-" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGFibGU6OTQyOWRhOTIwZWM2NDQ4ZmI0NzI3ZTA0MDI5ZmIwOTMvdGFibGVyYW5nZTo5NDI5ZGE5MjBlYzY0NDhmYjQ3MjdlMDQwMjlmYjA5M180LTEtMS0xLTMzMzUx_00fa5f35-6139-4d18-a93f-1c4a4108771e">1,711</ix:nonFraction>)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in marketable securities - fair value</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonFraction unitRef="usd" contextRef="i089c94a43b4245c083819ff1a0bd8f0d_I20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:EquitySecuritiesFvNi" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGFibGU6OTQyOWRhOTIwZWM2NDQ4ZmI0NzI3ZTA0MDI5ZmIwOTMvdGFibGVyYW5nZTo5NDI5ZGE5MjBlYzY0NDhmYjQ3MjdlMDQwMjlmYjA5M181LTEtMS0xLTMzMzUx_68483e7d-5d5f-46d7-97ed-13fdf7600ffe">28,177</ix:nonFraction>&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div></ix:nonNumeric></ix:continuation><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:continuation id="ife9c0717c96f47539461dc0dcf82deea">Upon the sale of a particular security, the realized net gain or loss is computed assuming the shares purchased first are sold first. During the three months ended September 30, 2021, marketable securities sold generated proceeds of $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:ProceedsFromSaleAndMaturityOfMarketableSecurities" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGV4dHJlZ2lvbjo5MTYwNzkzYzE3MWM0MTQ5OTQwYjkzMTczZGJiNTFlMl84Nzk2MDkzMDI0OTc2_7c6976da-4c78-492a-ae63-6a2cffc6e2ea">1,320</ix:nonFraction>, resulting in realized gains of $<ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" name="us-gaap:EquitySecuritiesFvNiRealizedGain" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGV4dHJlZ2lvbjo5MTYwNzkzYzE3MWM0MTQ5OTQwYjkzMTczZGJiNTFlMl84Nzk2MDkzMDI1MDIz_96074bf1-7cd5-4fca-bdea-a71f329ea45f">38</ix:nonFraction>, and <ix:nonFraction unitRef="usd" contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" decimals="-3" format="ixt:fixed-zero" name="us-gaap:EquitySecuritiesFvNiRealizedLoss" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl8xMzY3L2ZyYWc6OTE2MDc5M2MxNzFjNDE0OTk0MGI5MzE3M2RiYjUxZTIvdGV4dHJlZ2lvbjo5MTYwNzkzYzE3MWM0MTQ5OTQwYjkzMTczZGJiNTFlMl8zODQ4MjkwNzAwNTgy_148bfc21-2f7f-4e5d-9a46-1924b92e6ee0">no</ix:nonFraction> realized losses.</ix:continuation> </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">25</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_73"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 13&#8212;<ix:nonNumeric contextRef="i9e8dbc102cc749289c8adb69922aaca1_D20210101-20210930" name="us-gaap:SubsequentEventsTextBlock" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTc0Nw_76e9d6fc-4cef-4ad0-9965-009f687bb78c" continuedAt="i6d90959ce66b4daf9c5880e7893440ca" escape="true">SUBSEQUENT EVENTS</ix:nonNumeric></span></div><ix:continuation id="i6d90959ce66b4daf9c5880e7893440ca"><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 7, 2021, we acquired North Tampa Surgery Center, a <ix:nonFraction unitRef="sqft" contextRef="i396c7d2e8807478cbf2399fce53ff015_I20211007" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTMxOTQxMzk1Mzg1MzA_f95b44c3-9afa-4234-9a20-0df2dce033be">13,000</ix:nonFraction> square foot life sciences property located in Odessa, Florida for approximately $<ix:nonFraction unitRef="usd" contextRef="i396c7d2e8807478cbf2399fce53ff015_I20211007" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTMxOTQxMzk1Mzg1Mzk_f16ed12b-c207-4e27-97c7-c9bd6e9db8ff">8,500</ix:nonFraction>. The acquisition was funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 20, 2021, we acquired Friendship Distribution Center, a <ix:nonFraction unitRef="sqft" contextRef="i0c2a2bf1756c44f3a685ff2f07affa93_I20211020" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTMxOTQxMzk1Mzg4MDM_7443bab5-2d51-4ae0-bc4c-8564b06425b8">650,000</ix:nonFraction> square foot industrial property located in Buford, Georgia for approximately $<ix:nonFraction unitRef="usd" contextRef="i0c2a2bf1756c44f3a685ff2f07affa93_I20211020" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTMxOTQxMzk1Mzg4NDE_ae3818da-e426-47a1-aa2f-152039cc07cd">95,000</ix:nonFraction>. The acquisition was funded with cash on hand.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 28, 2021, we acquired South San Diego Distribution Center, a <ix:nonFraction unitRef="sqft" contextRef="i83d78343e5d14f99b985f6aab2230252_I20211028" decimals="0" format="ixt:num-dot-decimal" name="us-gaap:AreaOfRealEstateProperty" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfOTM0NTg0ODg0MjQ5MA_f0ca8d62-8802-42c5-b9ec-5330e463d38c">655,000</ix:nonFraction> square foot industrial property located in San Diego, California for approximately $<ix:nonFraction unitRef="usd" contextRef="i83d78343e5d14f99b985f6aab2230252_I20211028" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfOTM0NTg0ODg0MjQ5OQ_77dc5dc5-4050-4004-933c-e6986070f5c2">158,500</ix:nonFraction>.  We assumed a $<ix:nonFraction unitRef="usd" contextRef="i83d78343e5d14f99b985f6aab2230252_I20211028" decimals="-3" format="ixt:num-dot-decimal" name="us-gaap:LongTermDebt" scale="3" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfOTM0NTg0ODg0MjUwOA_d9445afa-a0ab-45be-979b-1ce2c09f9993">72,500</ix:nonFraction> mortgage note payable that bears an interest rate of <ix:nonFraction unitRef="rate" contextRef="i83d78343e5d14f99b985f6aab2230252_I20211028" decimals="INF" name="us-gaap:DerivativeFixedInterestRate" scale="-2" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfOTM0NTg0ODg0MjUxNg_6c3f7b96-83b6-4f4d-9cb2-840e37c9fb72">3.18</ix:nonFraction>% and matures on January 31, 2031. The acquisition was funded as an UPREIT transaction in which we issued OP Units and funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 9, 2021, our board of directors approved a gross dividend for the third quarter of 2021 of $<ix:nonFraction unitRef="usdPerShare" contextRef="i166f3a3ab35b4c9da72193eeb48ee128_D20211001-20211231" decimals="3" name="us-gaap:CommonStockDividendsPerShareDeclared" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTE2Mg_37a50091-479d-41a9-a034-5cde80eb7d4a">0.135</ix:nonFraction> per share to stockholders of record as of December 23, 2021. The dividend will be paid on or around December 30, 2021.  Class A, Class M, Class A-I, Class M-I and Class D stockholders will receive $<ix:nonFraction unitRef="usdPerShare" contextRef="i166f3a3ab35b4c9da72193eeb48ee128_D20211001-20211231" decimals="3" name="us-gaap:CommonStockDividendsPerShareDeclared" scale="0" id="id3VybDovL2RvY3MudjEvZG9jOjE0YjZjMjg2MzJiZTRhODg5MmNhYzY1MjhhOGU4NTBmL3NlYzoxNGI2YzI4NjMyYmU0YTg4OTJjYWM2NTI4YThlODUwZl83My9mcmFnOjY3YWY1OTQyMWU3NDQwYTc4YjNiMjkxYTg4NTI2ZGM5L3RleHRyZWdpb246NjdhZjU5NDIxZTc0NDBhNzhiM2IyOTFhODg1MjZkYzlfMTM2NA_37a50091-479d-41a9-a034-5cde80eb7d4a">0.135</ix:nonFraction> per share, less applicable class-specific fees, if any.</span></div></ix:continuation><div style="margin-top:9pt;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:9pt;padding-left:9pt;padding-right:9pt;text-align:center;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">*&#160;&#160;*&#160;&#160;*&#160;&#160;*&#160;&#160;*&#160;&#160;*</span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">26</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_76"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:6.952%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:90.848%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Item&#160;2.</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations.</span></td></tr></table></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$ in thousands, except per share amounts</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cautionary Note Regarding Forward-Looking Statements</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This Quarterly Report on Form 10-Q ("Form 10-Q") may contain forward-looking statements within the meaning of Section&#160;21E of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), and Section&#160;27A of the Securities Act of 1933, as amended (the "Securities Act"), regarding, among other things, our plans, strategies and prospects, both business and financial. Forward-looking statements include, but are not limited to, statements that represent our beliefs concerning future operations, strategies, financial results or other developments. Forward-looking statements can be identified by the use of forward-looking terminology such as, but not limited to, &#8220;may,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;would be,&#8221; &#8220;believe,&#8221; or &#8220;continue&#8221; or the negative or other variations of comparable terminology. Because these forward-looking statements are based on estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond our control or are subject to change, actual results could be materially different. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this Form 10-Q is filed with the SEC. Except as required by law, we do not undertake to update or revise any forward-looking statements contained in this Form 10-Q. Important factors that could cause actual results to differ materially from the forward-looking statements are disclosed in &#8220;Item 1A. Risk Factors,&#8221; &#8220;Item 1. Business&#8221; and &#8220;Item 7. Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; contained in our 2020 Form 10-K and our periodic reports filed with the SEC.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_79"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Management Overview</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations (&#8220;MD&amp;A&#8221;) is intended to help the reader understand our results of operations and financial condition. This MD&amp;A is provided as a supplement to, and should be read in conjunction with, our consolidated financial statements and the accompanying notes to the consolidated financial statements appearing elsewhere in this Form 10-Q. All references to numbered Notes are to specific notes to our consolidated financial statements beginning on page 7 of this Form 10-Q, and the descriptions referred to are incorporated into the applicable portion of this section by reference. References to &#8220;base rent&#8221; in this Form 10-Q refer to cash payments made under the relevant lease(s), excluding real estate taxes and certain property operating expenses that are paid by us and are recoverable under the relevant lease(s) and exclude adjustments for straight-line rent revenue and above- and below-market lease amortization.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The discussions surrounding our Consolidated Properties refer to our wholly or majority owned and controlled properties, including our DST Properties, which as of September&#160;30, 2021, were comprised of:</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Industrial</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Kendall Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Norfleet Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Suwanee Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">3325 Trinity Boulevard,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Charlotte Distribution Center, </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">DFW Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">O'Hare Industrial Portfolio,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Tampa Distribution Center, </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Aurora Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Valencia Industrial Portfolio,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pinole Point Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Mason Mill Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Fremont Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">3324 Trinity Boulevard,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Taunton Distribution Center,</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">27</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Chandler Distribution Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Fort Worth Distribution Center (acquired in 2020),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Whitestown Distribution Center (acquired in 2020),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Louisville Distribution Center (acquired in 2021), </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Southeast Phoenix Distribution Center (acquired in 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Louisville Airport Distribution Center (acquired in 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">237 Via Vera Cruz (acquired in 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">4211 Starboard Drive (acquired in 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">5 National Way (acquired 2021) and</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">47 National Way (acquired in 2021).</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Office</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Monument IV at Worldgate,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">140 Park Avenue,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">San Juan Medical Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Genesee Plaza,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Fountainhead Corporate Park (acquired in 2020),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">170 Park Avenue (acquired in 2021), and</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">9101 Stony Point Drive (acquired in 2021).</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Residential</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Edge at Lafayette, </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Townlake of Coppell,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">AQ Rittenhouse,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Lane Parke Apartments,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Dylan Point Loma,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Penfield,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">180 North Jefferson,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Jory Trail at the Grove,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Reserve at Johns Creek,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Villas at Legacy,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Stonemeadow Farms,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Summit at San Marcos,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Presley Uptown,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Princeton North Andover (acquired in 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Preserve at the Meadows (acquired in 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Rockwell (acquired 2021),</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Miramont Apartments (acquired 2021), and</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pinecone Apartments (acquired 2021).</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Retail</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The District at Howell Mill, </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Grand Lakes Marketplace, </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Oak Grove Plaza,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Rancho Temecula Town Center, </span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Skokie Commons,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Whitestone Market,</span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">28</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Maui Mall,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Silverstone Marketplace,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Kierland Village Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Timberland Town Center,</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Montecito Marketplace, and</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Milford Crossing (acquired in 2020).</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">South Beach Parking Garage.</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Sold Properties</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">24823 Anza Drive (sold in 2020), and</span></div><div style="margin-top:3pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">South Seattle Distribution Center (sold in 2021).</span></div><div style="margin-top:3pt;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:3pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Discussions surrounding our Unconsolidated Properties refer to the following properties as of September&#160;30, 2021: </span></div><div style="margin-top:8pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:52.777%"><tr><td style="width:1.0%"></td><td style="width:60.672%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:35.743%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property Type</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chicago Parking Garage</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Parking</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NYC Retail Portfolio</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pioneer Tower</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Tremont</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Huntington</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Siena Suwanee Town Center </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Single-Family Rental Portfolio </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1) (3)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td></tr></table></div><div style="margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:27pt;text-indent:-27pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)   &#160;&#160;&#160;&#160;We have elected the fair value option to account for this investment.</span></div><div style="margin-top:6pt;padding-left:27pt;text-indent:-27pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)      Investment was acquired on December 15, 2020.</span></div><div style="margin-top:6pt;padding-left:27pt;text-indent:-27pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3) &#160;&#160;&#160;&#160;Investment was acquired on August 5, 2021.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our primary business is the ownership and management of a diversified portfolio of industrial, office, residential, retail and other properties primarily located in the United States. The residential sector includes apartment properties and single family rental homes.  It is expected that over time our real estate portfolio will be further diversified on a global basis and will be further complemented by investments in real estate-related assets. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are managed by our Advisor, LaSalle Investment Management, Inc., a subsidiary of our Sponsor, Jones Lang LaSalle Incorporated (NYSE: JLL), a leading global financial and professional services firm that specializes in commercial real estate and investment management. We hire property management and leasing companies to provide the on-site, day-to-day management and leasing services for our properties. When selecting a property management or leasing company for one of our properties, we look for service providers that have a strong local market or industry presence, create portfolio efficiencies, have the ability to develop new business for us and will provide a strong internal control environment that will comply with our Sarbanes-Oxley Act of 2002 internal control requirements. We currently use a mix of property management and leasing service providers that include large national real estate service firms, including an affiliate of our Advisor and smaller local firms.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We seek to minimize risk and maintain stability of income and principal value through broad diversification across property sectors and geographic markets and by balancing tenant lease expirations and debt maturities across the real estate portfolio. Our diversification goals also take into account investing in sectors or regions we believe will create returns consistent with our investment objectives. Under normal conditions, we intend to pursue investments principally in well-located, well-leased properties within the industrial, office, residential, retail and other sectors. We expect to actively manage the mix of properties and markets over time in response to changing operating fundamentals within each property sector and to changing economies and real estate markets in the geographic areas considered for investment. When consistent with our investment objectives, we also seek to maximize the tax efficiency of our investments through like-kind exchanges and other tax planning strategies.</span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">29</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following charts summarize our portfolio diversification by property sector and geographic region based upon the fair value of our properties. These tables provide examples of how our Advisor evaluates our real estate portfolio when making investment decisions.</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Estimated Percent of Fair Value as of September&#160;30, 2021: </span></div><div style="margin-top:9pt;text-align:center;text-indent:22.5pt"><img src="jllipt-20210930_g2.jpg" alt="jllipt-20210930_g2.jpg" style="height:312px;margin-bottom:5pt;vertical-align:text-bottom;width:589px"/></div><div style="margin-top:9pt;text-align:center;text-indent:22.5pt"><img src="jllipt-20210930_g3.jpg" alt="jllipt-20210930_g3.jpg" style="height:312px;margin-bottom:5pt;vertical-align:text-bottom;width:589px"/></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">30</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_82"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our investments are not materially impacted by seasonality, despite certain of our retail tenants being impacted by seasonality. Percentage rents (rents computed as a percentage of tenant sales) that we earn from investments in retail properties may, in the future, be impacted by seasonality.</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. For example, significant estimates and assumptions have been made with respect to the useful lives of assets, recoverable amounts of receivables, fair value of derivatives and real estate assets, initial valuations and related amortization periods of deferred costs and intangibles, particularly with respect to property acquisitions. Actual results could differ from those estimates.</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Critical Accounting Policies</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This MD&amp;A is based upon our consolidated financial statements, which have been prepared in accordance with GAAP. The preparation of these consolidated financial statements requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. Management bases its estimates on historical experience and assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. We believe there have been no significant changes during the nine months ended September 30, 2021 to the items that we disclosed as our critical accounting policies and estimates under &#8220;Item 7. Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; in our 2020 Form 10-K.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Initial Valuations and Estimated Useful Lives or Amortization Periods for Real Estate Investments and Intangibles </span></div><div style="margin-top:4.5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These estimates are particularly important as they are used for the allocation of purchase price between building, land and other identifiable intangibles, including above, below and at-market leases. As a result, the impact of these estimates on our operations could be substantial. Significant differences in annual depreciation or amortization expense may result from the differing useful life or amortization periods related to such purchased assets and liabilities. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Impairment of Long-Lived Assets </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our estimate of the expected future cash flows used in testing for impairment is subjective and based on, among other things, our estimates regarding future market conditions, rental rates, occupancy levels, costs of tenant improvements, leasing commissions and other tenant concessions, assumptions regarding the residual value of our properties at the end of our anticipated holding period, discount rates and the length of our anticipated holding period. These assumptions could differ materially from actual results. If changes in our strategy or the market conditions result in a reduction in the holding period and an earlier sale date, an impairment loss could be recognized and such loss could be material.  No such strategy changes or market conditions have been identified as of September&#160;30, 2021.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Collectibility of Rental Revenue</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Individual leases are evaluated for collectibility at each reporting period. We evaluate the collectibility of rents and other receivables at each reporting period based on factors including, among others, tenants' payment history, the financial condition of the tenant, business conditions and trends in the industry in which the tenant operates and economic conditions in the geographic area where the property is located. If evaluation of these factors or others indicates it is not probable we will collect substantially all rent we recognize an adjustment to rental revenue. If our judgment or estimation regarding probability of collection changes we may adjust or record additional rental revenue in the period such conclusion is reached.</span></div><div style="margin-top:4.5pt;text-indent:24.75pt"><span><br/></span></div><div style="margin-top:4.5pt;text-indent:24.75pt"><span><br/></span></div><div style="margin-top:6pt;text-indent:22.5pt"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">31</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_85"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Properties  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Properties owned at September&#160;30, 2021, including DST Properties, are as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:27.808%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.958%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.386%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.339%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.115%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage Leased&#160;as&#160;of September&#160;30, 2021</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property Name</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Location</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Acquisition&#160;Date</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Ownership<br/>%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net&#160;Rentable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Square Feet</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Consolidated Properties:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Industrial Segment:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kendall Distribution Center&#160;</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Atlanta, GA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 30, 2005</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">409,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Norfleet Distribution Center&#160;</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kansas City, MO</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 27, 2007</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">702,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Suwanee Distribution Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Suwanee, GA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 28, 2013</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">559,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Grand Prairie Distribution Center&#160;</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3325 West Trinity Boulevard</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Grand Prairie, TX</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 22, 2014</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3324 West Trinity Boulevard</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Grand Prairie, TX</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 31, 2019</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">145,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Charlotte Distribution Center </span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Charlotte, NC</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 27, 2014</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">347,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">DFW Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4050 Corporate Drive</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Grapevine, TX</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 15, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">441,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4055 Corporate Drive</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Grapevine, TX</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 15, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">202,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">O'Hare Industrial Portfolio</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 Lewis</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wood Dale, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1225 Michael Drive</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wood Dale, IL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">109,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1300 Michael Drive</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wood Dale, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">71,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1301 Mittel Drive</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wood Dale, IL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">53,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1350 Michael Drive</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wood Dale, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2501 Allan Drive</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Elk Grove, IL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">198,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2601 Allan Drive</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Elk Grove, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tampa Distribution Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tampa, FL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 11, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">386,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aurora Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aurora, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 19, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">305,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Valencia Industrial Portfolio:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28150 West Harrison Parkway</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Valencia, CA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 29, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">87,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28145 West Harrison Parkway</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Valencia, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 29, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">114,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28904 Paine Avenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Valencia, CA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 29, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">117,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25045 Tibbitts Avenue</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Santa Clarita, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 29, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pinole Point Distribution Center:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6000 Giant Road</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Richmond, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 8, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">225,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6015 Giant Road</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Richmond, CA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 8, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">252,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6025 Giant Road</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Richmond, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 29, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mason Mill Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Buford, GA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 20, 2017</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">340,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fremont Distribution Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45275 Northport Court</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fremont, CA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 29, 2019</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">117,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45630 Northport Loop East</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fremont, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 29, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">120,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Taunton Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Taunton, MA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 23, 2019</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler Distribution Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1725 East Germann Road</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 5, 2019</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1825 East Germann Road</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 5, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fort Worth Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fort Worth, TX</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">October 23, 2020</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">351,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Whitestown Distribution Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4993 Anson Boulevard</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Whitestown, IN</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 11, 2020</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5102 E 500 South</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Whitestown, IN</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 11, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">440,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Louisville Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shepherdsville, KY</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 21, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,040,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Southeast Phoenix Distribution Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">32</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:27.808%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.958%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.386%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.339%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.115%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage Leased&#160;as&#160;of September&#160;30, 2021</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property Name</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Location</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Acquisition&#160;Date</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Ownership<br/>%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net&#160;Rentable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Square Feet</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6511 West Frye Road</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 23, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">102,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6565 West Frye Road</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 23, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">118,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6615 West Frey Road</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 23, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">136,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6677 West Frye Road</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 23, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">118,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Louisville Airport Distribution Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Louisville, KY</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 24, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">284,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">237 Via Vera Cruz (1)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">San Marcos, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13500 Danielson Street (1)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Poway, CA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">73,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4211 Starboard Drive (1)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fremont, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 9, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">130,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 National Way</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Durham, NC</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 28, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">188,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47 National Way</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Durham, NC</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 28, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">187,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Office Segment:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Monument IV at Worldgate&#160;</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Herndon,&#160;VA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2004</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">228,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">140 Park Avenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Florham Park, NJ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 21, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">San Juan Medical Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">San Juan Capistrano, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 1, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Genesee Plaza</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9333 Genesee Ave</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">San Diego, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">80,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9339 Genesee Ave</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">San Diego, CA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2, 2019</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">88</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fountainhead Corporate Park</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fountainhead Corporate Park I</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tempe, AZ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 6, 2020</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fountainhead Corporate Park II</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tempe, AZ</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 6, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">128,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">170 Park Avenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Florham Park, NJ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">147,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9101 Stony Point Drive</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Richmond, VA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 15, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">87,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Residential Segment:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Edge at Lafayette</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lafayette, LA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 15, 2008</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">207,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Townlake of Coppell</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Coppell, TX</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 22, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">351,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">94</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">AQ Rittenhouse</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Philadelphia, PA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 30, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lane Parke Apartments</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mountain Brook, AL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 26, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">263,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dylan Point Loma</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">San Diego, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 9, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">204,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Penfield</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">St. Paul, MN</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 22, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">245,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">180 North Jefferson</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chicago, IL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 1, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">217,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Jory Trail at the Grove</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wilsonville, OR</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 14, 2017</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">315,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Reserve at Johns Creek</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Johns Creek, GA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 28, 2017</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">244,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Villas at Legacy</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Plano, TX</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 6, 2018</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">340,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">94</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stonemeadow Farms</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bothell, WA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 13, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">228,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Summit at San Marcos</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chandler, AZ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 31, 2019</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">257,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Presley Uptown (1)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Charlotte, NC</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">190,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Princeton North Andover</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">North Andover, MA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 3, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">204,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Preserve at the Meadows</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fort Collins, CO</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 23, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">208,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Rockwell</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Berlin, MA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 31, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">233,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miramont Apartments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fort Collins, CO</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 29, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">212,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pinecone Apartments</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fort Collins, CO</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 29, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">176,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Retail Segment:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The District at Howell Mill&#160;(1)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Atlanta, GA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 15, 2007</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">88%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">306,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Grand Lakes Marketplace (1)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Katy, TX</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 17, 2013</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">90</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">131,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">75</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Oak Grove Plaza</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sachse, TX</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 17, 2014</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">120,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">94</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Rancho Temecula Town Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Temecula, CA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 16, 2014</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">165,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Skokie Commons</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Skokie, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 15, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98</span></td></tr></table></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:27.808%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.958%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.386%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.339%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.115%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage Leased&#160;as&#160;of September&#160;30, 2021</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Property Name</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Location</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Acquisition&#160;Date</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Ownership<br/>%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net&#160;Rentable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Square Feet</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Whitestone Market</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Austin, TX</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">145,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Maui Mall</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kahului, HI</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 22, 2015</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">82</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Silverstone Marketplace</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Scottsdale, AZ</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 27, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">78,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">93</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kierland Village Center</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Scottsdale, AZ</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">118,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Timberland Town Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beaverton, OR</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Montecito Marketplace</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Las Vegas, NV</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 8, 2017</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">190,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">94</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Milford Crossing</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Milford, MA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 29, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">159,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Other Segment:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">South Beach Parking Garage (2)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miami Beach, FL</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 28, 2014</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">130,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</span></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Unconsolidated Properties:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chicago Parking Garage (3)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chicago, IL</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 23, 2014</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NYC Retail Portfolio (4)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NY/NJ</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 8, 2015</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,938,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pioneer Tower (5)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Portland, OR</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 28, 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">296,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">71</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Tremont (1)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Burlington, MA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 19, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">75</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Huntington (1)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Burlington, MA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 19, 2018</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">75</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Siena Suwanee Town Center</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Suwanee, GA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 15, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">226,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">94</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Single-Family Rental Portfolio</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Various</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 5, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,207,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97</span></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19.84pt">We own a majority interest in the joint venture that owns a fee simple interest in this property.</span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19.84pt">The parking garage contains 343 stalls.  This property is owned leasehold. </span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19.84pt">We own a condominium interest in the building that contains a 366 stall parking garage. </span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19.84pt">We own an approximate 14% interest in a portfolio of eight urban infill retail properties located in the greater New York City area.</span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19.84pt">We own a condominium interest in the building that contains a 17 story multi-tenant office property. </span></div><div><span><br/></span></div><div id="i14b6c28632be4a8892cac6528a8e850f_88"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating Statistics</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We generally hold investments in properties with high occupancy rates leased to quality tenants under long-term, non-cancelable leases. We believe these leases are beneficial to achieving our investment objectives. The following table shows our operating statistics by property type for our consolidated properties as of September&#160;30, 2021:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.282%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.466%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.466%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.173%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.466%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.619%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number&#160;of<br/>Properties</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Area<br/>(Sq Ft)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%&#160;of&#160;Total<br/>Area</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Occupancy&#160;%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Average&#160;Minimum<br/>Base Rent per<br/>Occupied&#160;Sq&#160;Ft&#160;(1)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,894,000&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.93&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,058,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.44&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,186,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.16&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,836,000&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.09&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">N/A</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">N/A</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,104,000&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.31&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19.84pt">Amount calculated as in-place minimum base rent for all occupied space at September&#160;30, 2021 and excludes any straight line rents, tenant recoveries and percentage rent revenues.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021, our average effective annual rent per square foot, calculated as average minimum base rent per occupied square foot less tenant concessions and allowances, was $12.16 for our consolidated properties.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_91"></div><div style="margin-top:14pt;text-indent:27pt"><span><br/></span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">34</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Recent Events and Outlook </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">COVID-19 Business Outlook</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The outbreak of COVID-19 was declared by the World Health Organization as a global health emergency in January 2020 and then as a pandemic in March 2020. COVID-19 has impacted global financial markets, severely restricted international trade and travel, disrupted business operations (in part or in their entirety) and negatively impacted many investment asset classes including real estate. The ongoing outbreak and corollary response could have a material adverse impact on our financial condition and results of operations. The severity of the impact brought on by these disruptions will be different across property types and markets but could have serious negative impacts on all real estate depending on the longer-term economic effects of COVID-19.</span></div><div style="margin-top:9pt;text-indent:13.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Rent Collections</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rent collections across our portfolio have continued to improve as most tenants have been able to reopen their businesses and return to normal payment patterns.  Collections have been in the upper 90 percent range, and we have received very few new requests for rent relief over the last three quarters.  Our retail tenants continue to be a slight laggard in collection of outstanding receivables as compared to the other property sectors.</span></div><div style="margin-top:9pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Property Valuations</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property valuations across our portfolio have stabilized, and we are seeing positive valuation increases across our residential, industrial and healthcare properties driven by good underlying property fundamentals and strong capital markets.  </span></div><div style="margin-top:9pt;text-indent:13.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Credit Facility</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 24, 2021, we entered into our Credit Facility providing for a $650,000 revolving line of credit and unsecured term loan made up of a $415,000 Revolving Credit Facility and a $235,000 Term Loan. The Credit Facility provides us with the ability, from time to time, to increase the size of the Credit Facility up to a total of $800,000, subject to receipt of lender commitments and other conditions. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are in compliance with our debt covenants as of September&#160;30, 2021. We expect to maintain compliance with our debt covenants.</span></div><div style="margin-top:9pt;text-indent:13.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Liquidity</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September&#160;30, 2021, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">we had in excess of $179,000 in total cash on hand and $140,000 of capacity under our Credit Facility. Looking at the remainder of 2021 and into 2022, we expect to utilize our cash on hand and Credit Facility capacity to acquire new properties, fund repurchases of our shares and fund quarterly distributions.</span></div><div style="margin-top:9pt;text-indent:13.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Share Repurchase Plan</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the third quarter</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of 2021, we repurchased $29,364 of our common stock pursuant to our share repurchase plan, which had a quarterly limit of $111,435.  T</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">he quarterly limit on repurchases is calculated as 5% of our NAV as of the last day of the previous quarter.  The limit for the fourth quarter of 2021</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is $123,680. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">General Company and Market Commentary</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 6, 2018, the SEC declared our Current Public Offering effective registering up to&#160;$3,000,000&#160;in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to&#160;$2,700,000&#160;of shares offered in our primary offering and up to&#160;$300,000&#160;in shares offered pursuant to our distribution reinvestment plan. We intend to offer shares of our common stock on a continuous basis for an indefinite period of time by filing a new registration statement before the end of each offering period, subject to regulatory approval. The per share purchase price varies from day to day and, on each day, equals our NAV per share for each class of common stock, plus, for Class A and Class A-I shares, applicable selling commissions.  The Dealer Manager is distributing shares of our common stock in our Current Public Offering. We intend to primarily use the net proceeds from the offering, after we pay the fees and expenses attributable to the offerings and our operations, to (1) grow and further diversify our portfolio by making investments in accordance with our investment strategy and policies, (2) reduce borrowings and repay indebtedness incurred under various financing instruments and (3) fund repurchases of our shares under our share repurchase plan.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 3, 2015, we commenced our Private Offering of up to $350,000 in shares of our Class D common stock with an indefinite duration.  Proceeds from our Private Offering will be used for the same corporate purposes as the proceeds from our public offerings.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">35</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 16, 2019, we through our operating partnership, initiated the DST Program to raise up to $500,000, which our board of directors increased to $1,000,000 on August 10, 2021, in private placements exempt from registration under the Securities Act through the sale of beneficial interests to accredited investors in specific DSTs holding DST Properties, which may be sourced from our real properties or from third parties.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 4, 2021, we filed a Registration Statement on Form S-11 with the SEC for our Third Extended Public Offering to register a public offering of up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. As of November&#160;10, 2021, the Third Extended Public Offering has not been declared effective.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Over the past nine years we have acquired 102 properties, excluding our investment in Single-Family Residential Portfolio (all of these consistent with our investment strategy), sold 38 non-strategic properties, reduced our Company leverage ratio, decreased our average interest rate on debt, and increased cash reserves and Company-wide liquidity, while also providing cash flow to our stockholders through our regular quarterly dividend payments.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Capital Raised and Use of Proceeds</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September&#160;30, 2021, we have raised gross proceeds of over $2,837,000 from our public and private offerings and private share sales since 2012.  We used these proceeds along with proceeds from mortgage debt to acquire approximately $3,776,000 of real estate investments, deleverage the Company by repaying mortgage loans of approximately $647,000 and repurchase shares of our common stock for approximately $880,000. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Property Acquisitions</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On January 21, 2021, we acquired Louisville Distribution Center, a 1,040,000 square foot industrial property located in Shepherdsville, Kentucky for approximately $95,000. The acquisition was funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 2, 2021, we acquired 170 Park Ave, a 147,000 square foot life sciences property located in Florham Park, New Jersey for approximately $46,600. The acquisition was funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 23, 2021, we acquired Southeast Phoenix Distribution Center, a four property industrial distribution center totaling 474,000 square feet located in Chandler, Arizona for approximately $91,000. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 3, 2021, we acquired Princeton North Andover, a newly constructed, 192-unit residential property located in North Andover, Massachusetts, for approximately $72,500. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 24, 2021, we acquired Louisville Airport Distribution Center, a nearly 284,000 square-foot, newly constructed Class A industrial property located in the Southside/Airport industrial submarket of Louisville, Kentucky for approximately $32,100.  The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 2, 2021, we acquired a 95% interest in two industrial buildings, 237 Via Vera Cruz and 13500 Danielson Street, totaling 153,000 square feet located in San Marcos and Poway, California, respectively, for approximately $36,640. The acquisitions were funded with cash on hand.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 9, 2021, we acquired a 95% interest in 4211 Starboard, a 130,000 square foot industrial property located in Fremont, California for approximately $32,000 using cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 5, 2021, we acquired a 47% interest in a portfolio of approximately 4,000 stabilized single family rental homes located in various markets across the United States, including Atlanta, Dallas, Phoenix, Nashville and Charlotte, among others. The Single-Family Rental Portfolio is encumbered by securitized mortgages in a net amount of $760,000 maturing in the fourth quarter of 2025 at a weighted average interest rate of 2.1%. The equity purchase price is approximately $205,000.  We funded the transaction using cash on hand and a draw on our revolving line of credit.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 23, 2021, we acquired The Preserve at the Meadows, a garden-style residential community in Fort Collins, Colorado. The purchase price was approximately $61,000. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 31, 2021, we acquired The Rockwell, a garden-style residential community in Berlin, Massachusetts. The purchase price was approximately $84,000. The acquisition was funded with cash on hand. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 15, 2021, we acquired 9101 Stony Point Drive, an 87,000 square foot, medical office building in Richmond, Virginia. The purchase price was approximately $52,000. The acquisition was funded with cash on hand. </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">36</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 28, 2021, we acquired 5 National Way and 47 National Way, a two building life sciences center totaling 375,000 square feet, located in Durham, North Carolina for approximately $66,750. The acquisitions were funded with cash on hand.  </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 29, 2021, we acquired Miramont Apartments, a 210-unit residential property located in Fort Collins, Colorado, for approximately $57,400. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 29, 2021, we acquired Pinecone Apartments, a 195-unit residential property located in Fort Collins, Colorado, for approximately $51,600.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Property Dispositions</span></div><div style="margin-top:5pt;padding-right:18pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On January 8, 2021, we sold South Seattle Distribution Center, a 323,000 square foot industrial property located in Seattle, Washington for approximately $72,600 less closing costs and the loan of $17,841 was retired. We recorded a gain on the sale of the property in the amount of $33,580. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financing</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 10, 2021, we entered into a $34,000 mortgage payable on Whitestown Distribution Center. The mortgage note bears an interest of 2.95% and matures on February 10, 2028. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 8, 2021, we repaid the mortgage note payable related to 140 Park Avenue in the amount of $22,800.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 11, 2021, we entered into a $36,030 mortgage payable on Townlake of Coppell.  The mortgage note bears an interest rate of 2.41% and matures on April 10, 2028. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 17, 2021, we repaid the mortgage note payable related to Monument IV in the amount of $40,000.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 26, 2021, we entered into a $52,250 mortgage payable on Louisville Distribution Center. The mortgage bears an interest rate of 1.76% and matures on May 1, 2026.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 18, 2021, we entered into a $49,000 mortgage payable on Southeast Phoenix Distribution Center. The mortgage bears an interest rate of 2.70% and matures on June 1, 2028.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 30, 2021, we entered into a $39,900 mortgage payable on Princeton North Andover. The mortgage bears an interest rate of libor + 1.55% (1.63% at June 30, 2021) and matures on June 1, 2028.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 10, 2021, we entered into a $32,492 mortgage payable on five industrial buildings. $11,880 is allocated towards the San Marcos property and $20,612 is allocated towards the Fremont property. The mortgage bears an interest rate of LIBOR + 1.40% (1.48% at September 30, 2021) and matures on September 8, 2026.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 23, 2021, we entered into a $32,400 mortgage payable on The Preserve at the Meadows.  The mortgage bears an interest rate of 2.57% and matures on October 1, 2031.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Miramont Apartments. The mortgage bears an interest rate of 3.87% for the remaining five-year term. As of September&#160;30, 2021, the balance of the loan  was $27,752.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Pinecone Apartments. The mortgage bears an interest rate of 3.87% for the remaining five- year term. As of September&#160;30, 2021, the balance of the loan  was $25,467.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 30, 2021, we entered into a $46,310 mortgage payable on The Rockwell. The mortgage bears an interest rate of 2.62% and matures on October 1, 2031.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Subsequent Events</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 7, 2021, we acquired North Tampa Surgury Center, a 13,000 square foot life sciences property located in Odessa, Florida for approximately $8,500. The acquisition was funded with cash on hand.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 20, 2021, we acquired Friendship Distribution Center, a 650,000 square foot industrial property located in Buford, Georgia for approximately $95,000. The acquisition was funded with cash on hand.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 9, 2021, our board of directors approved a gross dividend for the third quarter of 2021 of $0.135 per share </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">37</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">to stockholders of record as of December 23, 2021. The dividend will be paid on or around December 30, 2021.  Class A, Class M, Class A-I, Class M-I and Class D stockholders will receive $0.135 per share, less applicable class-specific fees, if any.</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Investment Objectives and Strategy</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our primary investment objectives are:</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">to generate an attractive level of current income for distribution to our stockholders;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">to preserve and protect our stockholders' capital investments;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">to achieve appreciation of our NAV over time; and</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">to enable stockholders to utilize real estate as an asset class in diversified, long-term investment portfolios.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We cannot ensure that we will achieve our investment objectives.  Our charter places numerous limitations on us with respect to the manner in which we may invest our funds.  In most cases, these limitations cannot be changed unless our charter is amended, which may require the approval of our stockholders.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The cornerstone of our investment strategy is to acquire and manage income-producing commercial real estate properties and real estate-related assets around the world. We believe this strategy enables us to provide our stockholders with a portfolio that is well-diversified across property type, geographic region and industry, both in the United States and internationally. It is our belief that adding international investments to our portfolio over time will serve as an effective tool to construct a well-diversified portfolio designed to provide our stockholders with stable distributions and attractive long-term risk-adjusted returns.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe that our broadly diversified portfolio benefits our stockholders by providing:</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">diversification of sources of income;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">access to attractive real estate opportunities currently in the United States and, over time, around the world; and</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">exposure to a return profile that should have lower correlations with other investments. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Since real estate markets are often cyclical in nature, our strategy allows us to more effectively deploy capital into property types and geographic regions where the underlying investment fundamentals are relatively strong or strengthening and away from those property types and geographic regions where such fundamentals are relatively weak or weakening. We intend to meet our investment objectives by selecting investments across multiple property types and geographic regions to achieve portfolio stability, diversification, current income and favorable risk-adjusted returns. To a lesser degree, we also intend to invest in debt and equity interests backed principally by real estate, which we refer to collectively as &#8220;real estate-related assets.&#8221;</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We will leverage LaSalle's broad commercial real estate research and strategy platform and resources to employ a research-based investment philosophy focused on building a portfolio of commercial properties and real estate-related assets that we believe has the potential to provide stable income streams and outperform market averages over an extended holding period.  Furthermore, we believe that having access to LaSalle and JLL's international organization and platform, with real estate professionals living and working full time throughout our global target markets, will be a valuable resource to us when considering and executing upon international investment opportunities. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our board of directors has adopted investment guidelines for our Advisor to implement and actively monitor in order to allow us to achieve and maintain diversification in our overall investment portfolio. Our board of directors formally reviews our investment guidelines on an annual basis and our investment portfolio on a quarterly basis or, in each case, more often as they deem appropriate. Our board of directors reviews the investment guidelines to ensure that the guidelines are being followed and are in the best interests of our stockholders.  Each such determination and the basis therefor shall be set forth in the minutes of the meetings of our board of directors.  Changes to our investment guidelines must be approved by our board of directors but do not require notice to or the vote of stockholders.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We seek to invest:</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">up to 95% of our assets in properties;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">up to 25% of our assets in real estate-related assets; and</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">up to 15% of our assets in cash, cash equivalents and other short-term investments.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">38</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Notwithstanding the above, the actual percentage of our portfolio that is invested in each investment type may from time to time be outside these target levels due to numerous factors including, but not limited to, large inflows of capital over a short period of time, lack of attractive investment opportunities or increases in anticipated cash requirements for repurchase requests. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We expect to maintain a targeted Company leverage ratio (calculated as our share of total liabilities divided by our share of the fair value of total assets) of between 30% and 50%.  We intend to use low leverage, or in some cases possibly no leverage, to finance new acquisitions in order to maintain our targeted Company leverage ratio. Our Company leverage ratio was 43% as of September&#160;30, 2021.  </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">2021 Key Initiatives</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A short-term initiative is to continue monitoring the status of COVID-19 guidance and its impact on our properties. During the remainder of 2021, we intend to use capital raised from our public and private offerings and the DST Program to acquire new investment opportunities, repurchasing stock under our share repurchase plan and fund quarterly distributions.  We look to make investments that fit with our investment objectives and guidelines.  Likely investment candidates may include well-located, well-leased residential properties, industrial properties, medical office properties, single family rentals and public REIT securities.  We will also attempt to further our geographic diversification.  We will use debt financing to take advantage of the current favorable interest rate environment, while looking to keep the Company leverage ratio in the 30% to 50% range in the near term consistent with traditional core real estate.  We also intend to use our Revolving Credit Facility to allow us to efficiently manage our cash flows.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">39</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_94"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Results of Operations</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">General </span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our revenues are primarily received from tenants in the form of fixed minimum base rents and recoveries of operating expenses. Our expenses primarily relate to the costs of operating and financing the properties. Our share of the net income or net loss from our unconsolidated real estate affiliates is included in income from unconsolidated affiliates and fund investments. We believe the following analysis of reportable segments provides important information about the operating results of our real estate investments, such as trends in total revenues or operating expenses that may not be as apparent in a period-over-period comparison of the entire Company.  We group our investments in real estate assets from continuing operations into five reportable operating segments based on the type of property, which are residential, industrial, office, retail and other.  Operations from corporate level items and real estate assets sold are excluded from reportable segments. </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Properties acquired or sold during any of the periods presented are presented within the recent acquisitions and sold properties line. The properties currently presented within the recent acquisitions and sold properties line include the properties listed as either acquired or sold in the Management Overview section above. Properties owned for the nine months ended September&#160;30, 2021 and 2020 are referred to as our comparable properties. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Results of Operations for the Three Months Ended September&#160;30, 2021 and 2020  </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revenues</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following chart sets forth revenues by reportable segment for the three months ended September 30, 2021 and 2020:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:44.794%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.589%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.589%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.017%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.312%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$<br/>&#160;Change</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%<br/>Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental revenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,409&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,730&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">679&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,307&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,177&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,026&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,113&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(87)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.7)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,428&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,614&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">814&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.7&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">183&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">144.0&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,353&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,709&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,644&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.8&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,747&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,261&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,486&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">290.9&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total rental revenue</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">58,100</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">46,970</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11,130</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">23.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other revenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">837&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,029&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(192)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18.7)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(108)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(80.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">240&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">237&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.3&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">207&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">278&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(71)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(25.5)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">611&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">299&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">312&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104.3&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,921&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,977&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(56)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.8)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">906&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">816&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">907&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total other revenue</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,827</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,067</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">760</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">36.8</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total revenues</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">60,927</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">49,037</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11,890</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">24.2</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr></table></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rental revenues at comparable properties increased $1,644 for the three months ended September&#160;30, 2021 as compared to the same period in 2020.  The increase of $814 within our retail segment was primarily related to an increase in collections from tenants that experienced a decrease in operations from COVID-19 in 2020.  The increase in rental revenue from our residential segment of $679 is primarily related to higher rental rates and higher occupancy at several of the properties during the three months ended September&#160;30, 2021 as compared to the same period of 2020. </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">40</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other revenues relate mainly to parking and nonrecurring revenue such as lease termination fees. Other revenue at comparable properties decreased by $56 for the three months ended September&#160;30, 2021 as compared to the same period in 2020. The decrease is primarily related to lease termination fees collected in 2020 at Whitestone Market and several of our residential properties and miscellaneous revenues collected at Grand Prairie Distribution Center. The decrease was offset by an increase in parking revenue of $312 at our parking garage in South Beach due to the travel and shelter in place orders placed on the city of South Beach during the three months ended September 30, 2020, which greatly reduced our revenue during that period as compared to the same period of 2021.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Operating Expenses</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following chart sets forth real estate taxes and property operating expenses by reportable segment, for the three months ended September 30, 2021 and 2020:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:39.515%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.589%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.589%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.803%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.805%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$<br/>&#160;Change</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%<br/>Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate taxes</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,046&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,013&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,999&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,935&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.3&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">580&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">642&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(62)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.7)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,348&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,427&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(79)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5.5)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.5&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,086&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,110&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.3)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,196&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">462&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">734&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total real estate taxes</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">8,282</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">7,572</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">710</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">9.4</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property operating expenses</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,332&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,254&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">78&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.5&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,076&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,025&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.0&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,091&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,057&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.2&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,639&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,800&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(161)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">183&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">174&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.2&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,321&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,310&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,626&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">665&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">961&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">144.5&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total property operating expenses</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,947</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">9,975</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">972</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">9.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total operating expenses</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">19,229</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">17,547</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,682</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">9.6</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr></table></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Real estate taxes at comparable properties decreased by $24 for the three months ended September&#160;30, 2021 as compared to the same period in 2020.  Our properties are reassessed periodically by the taxing authorities, which may result in increases or decreases in the real estates taxes that we owe. Overall, we expect real estate taxes to increase over time; however, we utilize real estate tax consultants to attempt to control assessment increases. The decrease in our retail segment is primarily related to a refund of $141 received at Grand Lakes Marketplace during the three months ended September 30, 2021. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property operating expenses consist of the costs of ownership and operation of the real estate investments, many of which are recoverable under net leases.  Examples of property operating expenses include insurance, utilities and repair and maintenance expenses.  Property operating expenses at comparable properties increased $11 for the three months ended September&#160;30, 2021 as compared to the same period in 2020. The primary decrease within our retail segment was a $181 credit received during the three months ended September 30, 2021 at the District at Howell Mill related to water leaks in past years.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">41</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following chart sets forth revenues and expenses not directly related to the operations of the reportable segments for the three months ended September 30, 2021 and 2020:</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:50.290%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.955%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.416%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.420%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$<br/>&#160;Change</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%<br/>&#160;Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property general and administrative</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">470&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">728&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(258)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(35.4)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Advisor fees</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,546&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,192&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,354&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">248.0&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Company level expenses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">940&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">693&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">247&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.6&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,519&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,830&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,689&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24.9&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,714&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,391&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,323&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.6&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loss from unconsolidated affiliates and fund investments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,270&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,289&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,019)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(61.4)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment income on marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized gain upon sale of marketable securities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized change in fair value of investment in marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,711&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,711&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loss on disposition of property and extinguishment of debt, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,480&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,480)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100.0)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total revenues and expenses</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61,220&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,603&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,617&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47.2&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr></table></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property general and administrative expenses relate mainly to property expenses unrelated to the operations of the property. Property general and administrative expenses decreased during the three months ended September&#160;30, 2021 as compared to the same period in 2020 primarily due to lower professional fees and certain state and local taxes.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Advisor fees relate to the fixed advisory and performance fees earned by the Advisor. Fixed fees increase or decrease based on changes in our NAV, which is primarily impacted by changes in capital raised and the value of our properties. The performance fee is accrued when the total return per share for a share class exceeds 7% for that calendar year, and in such years our Advisor will receive 10% of the excess total return above the 7% threshold.  The increase in advisor fees of $15,354 for the three months ended September&#160;30, 2021 as compared to the same period in 2020 is primarily related to the accrual of a performance fee in the amount of $14,142.</span></div><div style="margin-top:9pt;padding-right:4.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Company level expenses relate mainly to our compliance and administration related costs.  The increase of $247 in company level expenses for the three months ended September&#160;30, 2021 is primarily related to an increase in professional fees as well as the increase in size of our portfolio. </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization expense is impacted by the values assigned to buildings, personal property and in-place lease assets as part of the initial purchase price allocation. The increase of $4,689 in depreciation and amortization expense for the three months ended September&#160;30, 2021 as compared to the same period in 2020 was primarily related to the acquisition of new properties.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest expense increased by $3,323 for the three months ended September&#160;30, 2021 as compared to the same period in 2020 primarily as a result of a $1,414 of increased interest expense from new mortgage notes payable placed on several properties and increased usage of our Credit Facility in 2020 and 2021 as well as $1,790 increased interest expense on the financial obligations related to the DST Program.  </span></div><div style="margin-top:9pt;padding-right:4.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss from unconsolidated affiliates and fund investments relates to the income from Chicago Parking Garage, Pioneer Tower, The Tremont, The Huntington and Siena Suwanee Town Center as well as changes in fair value and operating distributions received from our investment in the NYC Retail Portfolio and Single-Family Rental Portfolio. During the three months ended September&#160;30, 2021, we recorded a $2,813 decrease in the fair value of our investment in the NYC Retail Portfolio as compared to an $2,648 decrease in the fair value during the same period of 2020. </span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investment income on marketable securities relate to dividends earned on our portfolio of publicly traded REIT securities.  We made our initial purchase of marketable securities during the three months ended September 30, 2021.</span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net realized gain upon the sale of marketable securities relate to sales of individual stocks within our portfolio of public REIT stocks.  We made our initial purchase of marketable securities during the three months ended September 30, 2021.</span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net unrealized change in fair value of investment in marketable securities relate to changes in fair value of our portfolio of public REIT securities.  We made our initial purchase of marketable securities during the three months ended September 30, 2021.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">42</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;padding-right:4.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss on disposition of property and extinguishment of debt, net decreased due to a $3,480 loss on early payoff of the mortgage notes payable related to The Penfield, of which $2,022 related to the write-off of assumed debt discount value, which occurred during the three months ended September 30, 2020.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_97"></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Results of Operations for the Nine Months Ended September 30, 2021 and 2020 </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revenues</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following chart sets forth revenues by reportable segment, for the nine months ended September 30, 2021 and 2020:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:44.075%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.864%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.285%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$<br/>&#160;Change</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%<br/>Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental revenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,342&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,212&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,114&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,336&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,778&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.1&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,992&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,394&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(402)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.6)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,719&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,965&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,754&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.5&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">276&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.6&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134,443&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,125&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,318&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.3&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,926&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,245&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,681&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">191.2&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total rental revenue</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">161,369</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">139,370</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">21,999</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15.8</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other revenue</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,559&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,543&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">268&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(207)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(77.2)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">714&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">647&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.4&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">383&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">449&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(66)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,038&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">904&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,134&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125.4&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,755&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,811&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">944&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.6&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,430&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">432&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,998&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">462.5&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total other revenue</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">8,185</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5,243</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,942</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">56.1</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total revenues</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">169,554</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">144,613</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">24,941</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">17.2</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr></table></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rental revenue at comparable properties increased by $4,318 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase in rental revenue from our industrial properties is primarily related to $1,652 of increased rent collections at Norfleet Distribution Center and $693 at Taunton Distribution Center due to higher occupancy during the nine months ended September 30, 2021 as compared to the same period of 2020. The increase of $1,754 within our retail segment was primarily related to an increase in collections from tenants that experienced a decrease in operations from COVID-19 in 2020. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other revenues relate mainly to parking and nonrecurring revenue such as lease termination fees. Other revenue at comparable properties increased by $944 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase is primarily related to $1,134 of higher parking revenue at our parking garage in South Beach primarily due to the travel and shelter in place orders placed on the city of South Beach during the six months ended June 30, 2020, which greatly reduced our revenue during that period. </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">43</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Operating Expenses</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following chart sets forth real estate taxes, property operating expenses and provisions for doubtful accounts by reportable segment, for the nine months ended September 30, 2021 and 2020:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.765%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.770%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$<br/>&#160;Change</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%<br/>Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating expenses:</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate taxes</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,127&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,846&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">281&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.2&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,094&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,799&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">295&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.1&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,781&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,962&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(181)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.2)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,405&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,272&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">133&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">350&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">265&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.1&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,757&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,144&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">613&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.9&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,816&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,277&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,539&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120.5&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total real estate taxes</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">24,573</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">22,421</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,152</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">9.6</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property operating expenses</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,119&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,614&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">505&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.5&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,191&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,937&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">254&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.6&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,046&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,909&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.7&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail </span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,682&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,210&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">472&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.1&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">560&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">534&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.9&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:54pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comparable properties total</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,598&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,204&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,394&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.3&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recent acquisitions and sold properties</span></div></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,454&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,350&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,104&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155.9&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total property operating expenses</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">31,052</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">27,554</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,498</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">12.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total operating expenses</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">55,625</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">49,975</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5,650</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11.3</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</span></td></tr></table></div><div style="margin-top:9pt;padding-right:11.25pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Real estate taxes at comparable properties increased by $613 for the nine months ended September 30, 2021 as compared to the same period in 2020. Our properties are reassessed periodically by the taxing authorities, which may result in increases or decreases in the real estates taxes that we owe. Overall, we expect real estate taxes to increase over time; however, we utilize real estate tax consultants to attempt to control assessment increases. </span></div><div style="margin-top:9pt;padding-right:4.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property operating expenses consist of the costs of ownership and operation of the real estate investments, many of which are recoverable under net leases. Examples of property operating expenses include insurance, utilities and repair and maintenance expenses. Property operating expenses at comparable properties were in line with the prior year. The primary increase that occurred within our retail segment was related to increases in utilities and repairs and maintenance during the nine months ended September 30, 2021 as compared to the same period in 2020.  The increases occurring within our residential segment during the nine months ended September 30, 2021 as compared to the same period in 2020 were related to turnover costs, repairs and maintenance and utilities.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">44</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following chart sets forth revenues and expenses not directly related to the operations of the reportable segments for the nine months ended September 30, 2021 and 2020</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">: </span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:50.073%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.536%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.536%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.870%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.286%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$<br/>&#160;Change</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%<br/>&#160;Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property general and administrative</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">946&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,609&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,663)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(73.8)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Advisor fees</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,620&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,049&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,571&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81.7&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Company level expenses</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,123&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,241&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">882&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.4&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64,682&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,450&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,232&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.6&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,264&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32,191&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(927)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.9)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loss from unconsolidated affiliates and fund investments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,021&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,186&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,165)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(75.2)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment income on marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized gain upon sale of marketable securities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized change in fair value of investment in marketable securities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,711&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,711&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gain on disposition of property and extinguishment of debt, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(33,422)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,772&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(35,194)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,986)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total expenses (income)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">106,995&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">131,498&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24,503)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18.6)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr></table><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property general and administrative expenses relate mainly to property expenses unrelated to the operations of the property. Property general and administrative expenses decreased for the nine months ended September 30, 2021 as compared to the same period in 2020 due to expenses incurred for unsuccessful acquisitions in 2020 and a partial recovery of a deposit for an unsuccessful acquisition received in 2021.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Advisor fees relate to the fixed advisory and performance fees earned by the Advisor. Fixed fees increase or decrease based on changes in our NAV, which will be primarily impacted by changes in capital raised and the value of our properties.  The performance fee is accrued when the total return per share for a share class exceeds 7% for that calendar year, where in our Advisor will receive 10% of the excess total return above the 7% threshold.  The increase in advisor fees of $15,571 for the nine months ended September 30, 2021 as compared to the same period of 2020 is primarily related to the accrual of a performance fee in the amount of $14,142.</span></div><div style="margin-top:9pt;padding-right:4.5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Company level expenses relate mainly to our compliance and administration related costs. Company level expenses increased $882 for the nine months ended September 30, 2021 as compared to the same period in 2020 primarily related to increase in professional service fees as well as the increase in size of our portfolio. </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization expense is impacted by the values assigned to buildings, personal property and in-place lease assets as part of the initial purchase price allocation. Depreciation and amortization expense for the nine months ended September 30, 2021 as compared to the same period in 2020 increased as additional expense from acquisitions offset lower expenses from property dispositions.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest expense decreased by $927 for the nine months ended September 30, 2021 as compared to the same period in 2020 as a result of unrealized gains on our interest rate swaps in 2021 as opposed to unrealized losses in 2020.  This decrease is offset by an increase in interest expense from new mortgage notes payable placed on several assets and increased usage on our Credit Facility in 2020 and 2021 and increased interest expense of $4,846 on the financial obligations related to the DST Program.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss from unconsolidated affiliates and fund investments relates to the income from Chicago Parking Garage, Pioneer Tower, The Tremont and The Huntington as well as changes in fair value and operating distributions received from our investment in the NYC Retail Portfolio. During the nine months ended September 30, 2021, we recorded a $2,849 decrease in the fair value in the NYC Retail Portfolio as compared to a $14,737 decrease in the fair value during the same period of 2020.  </span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investment income on marketable securities relate to dividends earned on our portfolio of public REIT securities.  We made our initial purchase of marketable securities during the nine months ended September 30, 2021.</span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net realized gain upon the sale of marketable securities relate to sales of individual stocks within our portfolio of public REIT stocks.  We made our initial purchase of marketable securities during the nine months ended September 30, 2021.</span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net unrealized change in fair value of investment in marketable securities relate to changes in fair value of our portfolio of public REIT securities.  We made our initial purchase of marketable securities during the nine months ended September </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;padding-right:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">30, 2021.</span></div><div style="margin-top:9pt;padding-right:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Gain on disposition of property and extinguishment of debt, net increased due to a $33,580 gain on the sale of South Seattle Distribution Center, which occurred during the nine months ended September 30, 2021.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">46</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_100"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Funds From Operations</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Consistent with real estate industry and investment community preferences, we consider funds from operations ("FFO") as a supplemental measure of the operating performance for a real estate investment trust and a complement to GAAP measures because it facilitates an understanding of the operating performance of our properties. The National Association of Real Estate Investment Trusts ("NAREIT") defines FFO as net income (loss) attributable to the Company (computed in accordance with GAAP), excluding gains or losses from cumulative effects of accounting changes, extraordinary items, impairment write-downs of depreciable real estate and sales of properties, plus real estate related depreciation and amortization and after adjustments for these items related to noncontrolling interests and unconsolidated affiliates.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">FFO does not give effect to real estate depreciation and amortization because these amounts are computed to allocate the cost of a property over its useful life.   We also use Adjusted FFO ("AFFO") as a supplemental measure of operating performance.  We define AFFO as FFO adjusted for straight-line rental income, amortization of above- and below-market leases, amortization of net discount on assumed debt, gains or losses on the extinguishment and modification of debt, performance fees based on the investment returns on shares of our common stock and acquisition expenses. Because values for well-maintained real estate assets have historically increased or decreased based upon prevailing market conditions, we believe that FFO and AFFO provide investors with an additional view of our operating performance.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In order to provide a better understanding of the relationship between FFO, AFFO and GAAP net income, the most directly comparable GAAP financial reporting measure, we have provided reconciliations of GAAP net income attributable to Jones Lang LaSalle Income Property Trust, Inc. to FFO, and FFO to AFFO. FFO and AFFO do not represent cash flow from operating activities in accordance with GAAP, should not be considered alternatives to GAAP net income and are not measures of liquidity or indicators of the Company's ability to make cash distributions. We believe that to more comprehensively understand our operating performance, FFO and AFFO should be considered along with the reported net income attributable to Jones Lang LaSalle Income Property Trust, Inc. and our cash flows in accordance with GAAP, as presented in our consolidated financial statements.  Our presentations of FFO and AFFO are not necessarily comparable to the similarly titled measures of other REITs due to the fact that not all REITs use the same definitions.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of the most comparable GAAP amount of net income attributable to Jones Lang LaSalle Income Property Trust, Inc. to NAREIT FFO for the periods presented:</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:47.740%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.088%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.524%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.508%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.524%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.494%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.524%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reconciliation of GAAP net (loss) income to NAREIT FFO</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net (loss) income attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(19,252)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10,122)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(36,875)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real estate depreciation and amortization </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26,337&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,122&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">74,608&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63,211&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss (gain) on disposition of property and unrealized gain on investment in unconsolidated real estate affiliate </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,795&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,648&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30,512)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,090&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NAREIT FFO attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,880&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,648&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51,172&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39,426&#160;</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average shares outstanding, basic and diluted </span></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">189,887,181&#160;</span></td><td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">169,289,415&#160;</span></td><td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">181,981,691&#160;</span></td><td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">170,707,171&#160;</span></td><td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NAREIT FFO per share, basic and diluted </span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.05&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.08&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.28&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.23&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Excludes amounts attributable to noncontrolling interests and includes our ownership share of both consolidated properties and unconsolidated real estate affiliates.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">47</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe AFFO is useful to investors because it provides supplemental information regarding the performance of our portfolio over time. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of NAREIT FFO to AFFO for the periods presented:</span></div><div style="margin-top:8pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.710%"><tr><td style="width:1.0%"></td><td style="width:48.173%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.545%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.545%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.527%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.532%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reconciliation of NAREIT FFO to AFFO</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NAREIT FFO attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,880&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,648&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51,172&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39,426&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Straight-line rental income </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,576)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(748)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,205)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(919)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of above- and below-market leases </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(812)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(674)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,392)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,032)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of net discount on assumed debt </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(58)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(27)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(175)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(81)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(Gain) loss on derivative instruments and extinguishment or modification of debt </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(812)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,516&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,428)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,820&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjustment for investments accounted for under the fair value option </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">872&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">153&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,571&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,528&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net unrealized change in fair value of investment in marketable securities </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,699&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,699&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Performance fees </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,050&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,050&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Acquisition expenses </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(582)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,114&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjustment for DST Program properties </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(3)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,051)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(281)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5,185)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(463)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">AFFO attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,209&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,620&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54,525&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48,393&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted average shares outstanding, basic and diluted </span></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">189,887,181&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">169,289,415&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">181,981,691&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">170,707,171&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">AFFO per share, basic and diluted </span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.11&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.09&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.30&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.28&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Excludes amounts attributable to noncontrolling interests and includes our ownership share of both consolidated properties and unconsolidated real estate affiliates.</span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(2)&#160;&#160;&#160;&#160;Represents the normal and recurring AFFO reconciling adjustments for the NYC Retail Portfolio and Single-Family Rental Portfolio.</span></div><div style="padding-left:31.5pt;text-indent:-31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(3)&#160;&#160;&#160;&#160;Adjustments to reflect the AFFO attributable to the Company for DST Program properties.  Prior periods adjusted to conform to current period presentation.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">48</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_106"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NAV as of September&#160;30, 2021 </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table provides a breakdown of the major components of our NAV as of September&#160;30, 2021:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.857%"><tr><td style="width:1.0%"></td><td style="width:24.434%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.312%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.312%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.882%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.310%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.740%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.745%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="33" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Component of NAV</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate investments </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</span></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,008,748&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">744,744&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">190,322&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">969,207&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157,250&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,070,271&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Debt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(910,905)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(337,718)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(86,305)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(439,505)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(71,308)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,845,741)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets and liabilities, net</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122,918&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,572&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,646&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,307&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,623&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249,066&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Estimated enterprise value premium</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NAV</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,220,761&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">452,598&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,663&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">589,009&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,565&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,473,596&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Number of outstanding shares</span></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96,013,268&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,541,455&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,074,648&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46,244,259&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,513,281&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NAV per share</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.71&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.73&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.75&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.74&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.72&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">The value of our real estate investments was greater than the historical cost by 4.3% as of September&#160;30, 2021.</span></div><div style="margin-top:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The following table provides a breakdown of the major components of our NAV as of December&#160;31, 2020:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.857%"><tr><td style="width:1.0%"></td><td style="width:24.434%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.312%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.312%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.882%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.310%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.740%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.745%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="33" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Component of NAV</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class A-I Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class M-I Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class D Shares</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate investments </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</span></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,464,376&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">582,651&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157,468&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">544,201&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81,029&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,829,725&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Debt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(472,476)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(187,990)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(50,807)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(175,584)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(26,144)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(913,001)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets and liabilities, net</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,023&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,107&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,165&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,846&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,658&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92,799&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Estimated enterprise value premium</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None <br/>assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None assumed</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NAV</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,039,923&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">413,768&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111,826&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">386,463&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,543&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,009,523&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Number of outstanding shares</span></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,671,096&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,612,156&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,616,299&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,247,001&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,957,915&#160;</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NAV per share</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.60&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.62&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.63&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.62&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.61&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.84pt">The value of our real estate investments was greater than the historical cost by 2.6% as of December&#160;31, 2020.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The increase in NAV per share from December 31, 2020 to September&#160;30, 2021, was related to a net increase of 6.7% in the value of our portfolio.  Property operations for the nine months ended September 30, 2021 had an insignificant impact on NAV as dividends declared offset property operations for the period.  Our NAV for the different share classes is reduced by normal and recurring class-specific fees and offering and organization costs.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following are key assumptions (shown on a weighted-average basis) that are used in the discounted cash flow models to estimate the value of our real estate investments as of September&#160;30, 2021:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.002%"><tr><td style="width:1.0%"></td><td style="width:37.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.396%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.688%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Industrial</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Office</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Residential</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Retail</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Other</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total<br/>Company</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exit capitalization rate</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.79&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.59&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.78&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.50&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.25&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.08&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Discount rate/internal rate of return (IRR)</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.66&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.38&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.07&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.39&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.80&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.07&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annual market rent growth rate</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.16&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.81&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.14&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.65&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.07&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.99&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Holding period (years)</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.98&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.10&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Other includes two standalone parking garages.  South Beach Parking Garage is subject to a ground lease and the appraisal incorporates discounted cash flows over its remaining lease term and therefore does not utilize an exit capitalization rate.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">49</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following are key assumptions (shown on a weighted-average basis) that are used in the discounted cash flow models to estimate the value of our real estate investments as of December&#160;31, 2020:</span></div><div style="margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:36.649%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.444%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.586%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.797%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.729%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.797%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.586%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.586%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.590%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Industrial</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Office</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Residential</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Retail</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Other </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total<br/>Company</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exit capitalization rate</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.44&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.72&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.09&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.56&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.25&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.43&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Discount rate/internal rate of return (IRR)</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.50&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.35&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.38&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.78&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.30&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annual market rent growth rate</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.96&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.80&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.03&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.50&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.13&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.83&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Holding period (years)</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.00&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.81&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.15&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-top:6pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Other includes Chicago and South Beach parking garages.  South Beach Parking Garage is subject to a ground lease, the appraisal incorporates discounted cash flows over its remaining lease term and therefore does not utilize an exit capitalization rate.</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:22.5pt"><span><br/></span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">While we believe our assumptions are reasonable, a change in these assumptions would impact the calculation of the value of our real estate investments. For example, assuming all other factors remain unchanged, the changes listed below would result in the following effects on our real estate investment value:</span></div><div style="margin-bottom:5pt;margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.715%"><tr><td style="width:1.0%"></td><td style="width:49.328%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.514%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.042%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.514%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.042%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.514%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.046%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Input</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December&#160;31, 2020</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Discount Rate - weighted average</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25% increase</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.0)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.0)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exit Capitalization Rate - weighted average</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25% increase</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annual market rent growth rate - weighted average</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25% decrease</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.6)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.5)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of our mortgage notes and other debt payable was estimated to be approximately $27,738 and $43,959 higher than the carrying values at September&#160;30, 2021 and December&#160;31, 2020, respectively. The NAV per share would have decreased by $0.09 and $0.26 per share at September&#160;30, 2021 and December&#160;31, 2020, respectively, if we were to have included the fair value of our mortgage notes and other debt payable in our methodology to determine NAV.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The selling commission and dealer manager fee are offering costs and are recorded as a reduction of capital in excess of par value.  Selling commissions are paid on the date of sale of our common stock.  We accrue all future dealer manager fees up to the ten percent regulatory limit on the date of sale of our common stock.  For NAV calculation purposes, dealer manger fees are accrued daily, on a continuous basis equal to 1/365th of the stated fee.  Dealer manager fees payable are included in accrued offering costs on our Consolidated Balance Sheets.&#160; Dealer manager fees payable as of September&#160;30, 2021 and December&#160;31, 2020 were $125,123 and $105,770, respectively.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">50</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reconciles stockholders' equity per our Consolidated Balance Sheet to our NAV:</span></div><div style="margin-bottom:5pt;margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.857%"><tr><td style="width:1.0%"></td><td style="width:79.927%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.873%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stockholders' equity under GAAP</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,593,381&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjustments:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accrued dealer manager fees </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122,546&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Organization and offering costs </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">516&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized real estate appreciation </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(3)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">388,436&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated depreciation, amortization and other </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">368,717&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NAV</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,473,596&#160;</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-bottom:5pt;margin-top:5pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160;Accrued dealer manager fees represents the accrual for future dealer manager fees for Class A, Class M and Class A-I shares. We accrue all future dealer manager fees up to the ten percent regulatory limit on the date of sale of our common stock as an offering cost.&#160; For NAV calculation purposes, dealer manger fees are accrued daily, on a continuous basis equal to 1/365th of the stated fee.  </span></div><div style="margin-bottom:5pt;margin-top:5pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)&#160;&#160;&#160;&#160;The Advisor advanced organization and offering costs on our behalf through September 30, 2021. Such costs are reimbursed to the Advisor ratably over 36 months. Under GAAP, organization costs are expensed as incurred and offering costs are charged to equity as such amounts are incurred. For NAV, such costs are recognized as a reduction to NAV ratably over 36 months.</span></div><div style="margin-bottom:5pt;margin-top:5pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)&#160;&#160;&#160;&#160;Our investments in real estate are presented under historical cost in our GAAP Consolidated Financial Statements. As such, any increases in the fair market value of our investments in real estate are not included in our GAAP results. For purposes of determining our NAV, our investments in real estate are recorded at fair value.</span></div><div style="margin-bottom:5pt;margin-top:5pt;padding-left:22.5pt;text-indent:-22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)&#160;&#160;&#160;&#160;We depreciate our investments in real estate and amortize certain other assets and liabilities in accordance with GAAP. Such depreciation and amortization is not recorded for purposes of determining our NAV.  Additionally, we make other fair value adjustments to our NAV to account for differences with historical cost GAAP; an example would be straight-line rent revenue. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Limitations and Risks</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As with any valuation methodology, our methodology is based upon a number of estimates and assumptions that may not be accurate or complete.  Our valuation methodology may not result in the determination of the fair value of our net assets as our mortgage notes and other debt payable are valued at cost.  Different parties with different assumptions and estimates could derive a different NAV per share. Accordingly, with respect to our NAV per share, we can provide no assurance that:</span></div><div style="margin-top:9pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">a stockholder would be able to realize this NAV per share upon attempting to resell his or her shares;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">we would be able to achieve for our stockholders the NAV per share upon a listing of our shares of common stock on a national securities exchange, selling our real estate portfolio or merging with another company; or</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">the NAV per share, or the methodologies relied upon to estimate the NAV per share, will be found by any regulatory authority to comply with any regulatory requirements.</span></div><div style="margin-top:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Furthermore, the NAV per share was calculated as of a particular point in time. The NAV per share will fluctuate over time in response to, among other things, changes in real estate market fundamentals, capital markets activities and attributes specific to the properties and leases within our portfolio.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">51</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_109"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Liquidity and Capital Resources </span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our primary uses and sources of cash are as follows: </span></div><div style="margin-top:10pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:0.1%"></td><td style="width:2.142%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:46.484%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.703%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.142%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:44.729%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Uses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Sources</span></td></tr><tr style="height:14pt"><td colspan="6" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term liquidity and capital needs such as:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating cash flow, including the receipt of distributions of our share of cash flow produced by our unconsolidated real estate affiliates and fund investment</span></td></tr><tr style="height:17pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest payments on debt</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:18pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Distributions to stockholders</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from secured loans collateralized by individual properties</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees payable to our Advisor</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Minor improvements made to individual properties that are not recoverable through expense recoveries or common area maintenance charges to tenants</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from our Revolving Credit Facility</span></td></tr><tr style="height:21pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales of our shares</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and administrative costs</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales of real estate investments</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Costs associated with capital raising in our continuous public offering, private offering and DST Program</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from our private offering </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other Company level expenses</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Draws from lender escrow accounts</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Lender escrow accounts for real estate taxes, insurance, and capital expenditures</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales of beneficial interests in the DST Program</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees payable to our Dealer Manager</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Longer-term liquidity and capital needs such as:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Acquisitions of new real estate investments</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Expansion of existing properties</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tenant improvements and leasing commissions</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Debt repayment requirements, including both principal and interest</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Repurchases of our shares pursuant to our share repurchase plan</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees payable to our Advisor</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8226;</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees payable to our Dealer Manager</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The sources and uses of cash for the nine months ended September 30, 2021 and 2020 were as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:53.432%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.835%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.689%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.184%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2021</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$ Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by operating activities</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64,492&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,558&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,934&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash used in investing activities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(915,027)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(107,692)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(807,335)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by financing activities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">978,168&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30,157&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">948,011&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash provided by operating activities increased by $12,934 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase in cash from operating activities is primarily due to new acquisitions as well as increased rent collections from several tenants primarily in our retail segment.  </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash used in investing activities increased by $807,335 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase was primarily related to increased acquisitions made during the nine months ended September 30, 2021 as compared to the same period in 2020, offset partially by the cash received from the sale of South Seattle Distribution Center in the first quarter of 2021.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash provided by financing activities increased by $948,011 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The change is primarily related to a $599,923 net proceeds from mortgage note payables and net draws on our Credit Facility in addition to a $236,568 increase in stock issuance during the nine months ended September 30, 2021 as compared to the same period in 2020. Additionally, less cash was used for repurchases of common stock during the nine months ended September 30, 2021 as compared to the same period in 2020. </span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">52</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_112"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Financing</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have relied primarily on fixed-rate financing, locking in what were favorable spreads between real estate income yields and mortgage interest rates and have tried to maintain a balanced schedule of debt maturities. We also use interest rate derivatives to manage our exposure to interest rate movements on our variable rate debt. The following consolidated debt table provides information on the outstanding principal balances and the weighted average interest rates at September&#160;30, 2021 and December&#160;31, 2020:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:38.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.765%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.543%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.765%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.718%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="21" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Consolidated Debt</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Principal<br/>Balance</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Weighted Average Interest&#160;Rate</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Principal<br/>Balance</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Weighted Average Interest&#160;Rate</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fixed</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,242,624&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.32&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">871,043&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.53&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">347,392&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.70&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,590,016&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.96&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">871,043&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.53&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Covenants</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September&#160;30, 2021, we were in compliance with all debt covenants.   </span></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Other Sources</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July&#160;6, 2018, our Current Public Offering registration statement was declared effective with the SEC (Commission File No. 333-222533) to register up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. We intend to offer shares of our common stock on a continuous basis for an indefinite period of time by filing a new registration statement before the end of each three-year offering period, subject to regulatory approval. We intend to use the net proceeds from the Current Public Offering, which are not used to pay the fees and other expenses attributable to our operations, to (1)&#160;grow and further diversify our portfolio by making investments in accordance with our investment strategy and policies, (2)&#160;repay indebtedness incurred under various financing instruments and (3)&#160;fund repurchases under our share repurchase plan. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 3, 2015, we commenced the Private Offering of up to $350,000 in shares of our Class D common stock with an indefinite duration. Proceeds from our Private Offering will be used for the same corporate purposes as the proceeds of our public offerings.  We will reserve the right to terminate the Private Offering at any time and to extend the Private Offering term to the extent permissible under applicable law.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 16, 2019, we&#160;through our operating partnership, initiated the DST Program to raise up to $500,000, which our board of directors increased to $1,000,000 on August 10, 2021, in private placements exempt from registration under the Securities Act, as amended, through the sale of beneficial interests to accredited investors in specific DSTs holding real properties, which may be sourced from our real properties or from third parties. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 4, 2021, we filed a Registration Statement on Form S-11 with the SEC (Commission File No. 333-256823) to register our Third Extended Public Offering of up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. As of November&#160;10, 2021, the Third Extended Public Offering has not been declared effective. Proceeds from our Third Extended Public Offering will be used for the same corporate purposes as the proceeds of the Current Public Offering.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_115"></div><div style="margin-top:9pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Contractual Cash Obligations and Commitments</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From time to time, we enter into contingent agreements for the acquisition and financing of properties.  Such acquisitions and financings are subject to satisfactory completion of due diligence or meeting certain leasing or occupancy thresholds. </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to fixed ground lease payments on South Beach Parking Garage of $100 per year until September 30, 2021 and these payments will increase every five years thereafter by the lesser of 12% or the cumulative CPI over the previous five year period. We are also subject to a variable ground lease payment calculated as 2.5% of revenue. The lease expires September 30, 2041 and has a ten-year renewal option.  </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The operating agreement for Presley Uptown allows the unrelated third party joint venture partner, owning a 2.5% interest, to put its interest to us at a market determined value starting September 30, 2022 until September 30, 2024. </span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">53</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The operating agreement for 237 Via Vera Cruz, 13500 Danielson Street and 4211 Starboard allows the unrelated third party joint venture partner, owning a 5% interest, to put its interest to us at a market determined value starting July 31, 2024.</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Off Balance Sheet Arrangements</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September&#160;30, 2021, we had approximately $110 in an outstanding letter of credit that is not reflected on our balance sheet.  We have no other off balance sheet arrangements.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_118"></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Distributions to Stockholders</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">To remain qualified as a REIT for federal income tax purposes, we must distribute or pay tax on 100% of our capital gains and distribute at least 90% of ordinary taxable income to stockholders.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following factors, among others, will affect operating cash flow and, accordingly, influence the decisions of our board of directors regarding distributions:</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">scheduled increases in base rents of existing leases;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">changes in minimum base rents and/or overage rents attributable to replacement of existing leases with new or renewal leases;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">changes in occupancy rates at existing properties and procurement of leases for newly acquired or developed properties;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">necessary capital improvement expenditures or debt repayments at existing properties;</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">ability of our tenants to pay rent as a result of the impact of COVID-19 on their financial condition; and</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">our share of distributions of operating cash flow generated by the unconsolidated real estate affiliates, less management costs and debt service on additional loans that have been or will be incurred.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We anticipate that operating cash flow, cash on hand, proceeds from dispositions of real estate investments or refinancings will provide adequate liquidity to conduct our operations, fund general and administrative expenses, fund operating costs and interest payments and allow distributions to our stockholders in accordance with the REIT qualification requirements of the Internal Revenue Code of 1986, as amended.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_121"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.918%"><tr><td style="width:1.0%"></td><td style="width:11.966%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.834%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item&#160;3.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Quantitative and Qualitative Disclosures About Market Risk.</span></div></td></tr></table></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to market risk associated with changes in interest rates in terms of our variable-rate debt and the price of new fixed-rate debt for refinancing of existing debt. We manage our interest rate risk exposure by obtaining fixed-rate loans where possible as well as by entering into interest rate cap and swap agreements. As of September&#160;30, 2021, we had consolidated debt of $1,589,935. Including the $5,009 net debt discount on assumed debt and debt issuance costs, we have consolidated debt of $1,584,926 at September&#160;30, 2021. We also entered into interest rate swap agreements on $190,000 of debt, which cap the LIBOR rate at between 1.4% and 2.6%. A 0.25% movement in the interest rate on the $347,392 of variable-rate debt would have resulted in a $868 annualized increase or decrease in consolidated interest expense and cash flow from operating activities.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to interest rate risk with respect to our fixed-rate financing in that changes in interest rates will impact the fair value of our fixed-rate financing. To determine fair market value, the fixed-rate debt is discounted at a rate based on an estimate of current lending rates, assuming the debt is outstanding through maturity and considering the collateral. At September&#160;30, 2021, the fair value of our consolidated debt was estimated to be $27,738 higher than the carrying value of $1,589,935 If treasury rates were 0.25% higher at September&#160;30, 2021, the fair value of our consolidated debt would have been $9,262 higher than the carrying value. </span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">54</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_127"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:3pt;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:9.880%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:87.920%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item&#160;4.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Controls and Procedures.</span></div></td></tr></table></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Evaluation of Disclosure Controls and Procedures</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Under the supervision and with the participation of our management, including our chief executive officer and chief financial officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act), as of the end of the period covered by this report. Based on management&#8217;s evaluation as of September&#160;30, 2021, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures were effective to provide reasonable assurance that the information required to be disclosed by us in our reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC&#8217;s rules and forms and such information is accumulated and communicated to management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure. </span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Changes in Internal Control Over Financial Reporting</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There have not been any changes in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Securities and Exchange Act of 1934, as amended) during the quarter ended&#160;September&#160;30, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. We have not experienced any material impact to our internal control over financial reporting to date as a result of most of the employees of our Advisor and its affiliates working remotely due to the COVID-19 pandemic. We are continually monitoring and assessing the COVID-19 pandemic on our internal controls to minimize the impact to their design and operating effectiveness.</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span><br/></span></div><div id="i14b6c28632be4a8892cac6528a8e850f_130"></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">PART II</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">OTHER INFORMATION</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_133"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:30.409%"><tr><td style="width:1.0%"></td><td style="width:34.957%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:62.843%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item&#160;1.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Legal Proceedings.</span></div></td></tr></table></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are involved in various claims and litigation matters arising in the ordinary course of business, some of which involve claims for damages. Many of these matters are covered by insurance, although they may nevertheless be subject to deductibles or retentions. Although the ultimate liability for these matters cannot be determined, based upon information currently available, we believe the ultimate resolution of such claims and litigation will not have a material adverse effect on our financial position, results of operations or liquidity.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_136"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:30.409%"><tr><td style="width:1.0%"></td><td style="width:34.957%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:62.843%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item&#160;1A.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Risk Factors.</span></div></td></tr></table></div><div style="text-indent:13.5pt"><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except as disclosed in "Item 1A. Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, there have been no material changes to the risk factors previously disclosed under "Item 1A. Risk Factors "2020 Form 10-K.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_139"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.309%"><tr><td style="width:1.0%"></td><td style="width:12.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.579%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Item&#160;2.</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Unregistered Sales of Equity Securities and Use of Proceeds. </span></td></tr></table></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Issuer Purchases of Equity Securities</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our share repurchase plan limits repurchases during any calendar quarter to shares with an aggregate value (based on the repurchase price per share on the day the repurchase is effected) of 5% of the combined NAV of all classes of shares as of the last day of the previous calendar quarter, which means that in any 12-month period, we limit repurchases to approximately 20% of our total NAV. If the quarterly volume limitation is reached on or before the third business day of a calendar quarter, repurchase requests during the next quarter will be satisfied on a stockholder by stockholder basis, which we refer to as a &#8220;per stockholder allocation,&#8221; instead of a first-come, first-served basis. Pursuant to the per stockholder allocation, each of our stockholders would be allowed to request repurchase at any time during such quarter of a total number of shares not to exceed 5% of the shares of common stock the stockholder held as of the end of the prior quarter. The per stockholder allocation requirement will remain in effect for each succeeding quarter for which the total repurchases for the immediately preceding quarter exceeded four percent of our NAV on the last business day of such preceding quarter. If total repurchases during a quarter for which the per stockholder allocation applies are equal to or less than four percent of our NAV on the last business </span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">55</span></div></div></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">day of such preceding quarter, then repurchases will again be first-come, first-served for the next succeeding quarter and each quarter thereafter. </span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three months ended September 30, 2021, we repurchased 2,358,010 shares of common stock under the share repurchase plan. </span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:31.648%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.812%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.449%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.028%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.057%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Period</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total&#160;Number&#160;of Shares&#160;Purchased</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Average&#160;Price&#160;Paid per Share</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total&#160;Number&#160;of&#160;Shares Purchased as Part of Publicly Announced Plans or Programs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Maximum&#160;Number&#160;of Shares that May Yet Be Purchased Pursuant to the Program (1)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">July 1 - July 31, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">518,450&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.09&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">518,450&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">August 1 - August 31, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">654,712&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.30&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">654,712&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">September 1 - September 30, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,184,848&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.69&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,184,848&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,358,010&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.45&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,358,010&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">________</span></div><div style="margin-bottom:1.5pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)&#160;&#160;&#160;&#160; Repurchases are limited as described above.&#160;</span></div><div style="margin-top:14pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Unregistered Sales of Equity Securities</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 3, 2015, we commenced the Private Offering of up to $350,000 in shares of our Class D common stock with an indefinite duration. No Class D shares were issued during the three months ended September&#160;30, 2021.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_142"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:48.976%"><tr><td style="width:1.0%"></td><td style="width:21.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:76.512%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 3.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Defaults Upon Senior Securities.</span></div></td></tr></table></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Not applicable.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_145"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:76.315%"><tr><td style="width:1.0%"></td><td style="width:13.267%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:84.533%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item&#160;4.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Mine Safety Disclosures.</span></div></td></tr></table></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Not applicable.</span></div><div id="i14b6c28632be4a8892cac6528a8e850f_148"></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:34.210%"><tr><td style="width:1.0%"></td><td style="width:30.951%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:66.849%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 5.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other Information.</span></div></td></tr></table></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">None.</span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">56</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_151"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="-sec-extract:summary;margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:36.842%"><tr><td style="width:1.0%"></td><td style="width:28.661%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.139%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 6.</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibits.</span></div></td></tr></table></div><div style="margin-top:8pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.415%"><tr><td style="width:1.0%"></td><td style="width:9.929%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.535%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:87.136%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">Exhibit&#160;No.</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">Description</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="purchaseandsaleagreement-s.htm">10.1</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">*</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Purchase and Sale Agreement for Single-Family Rental Portfolio, dated August 5, 2021, between LIPT SFR Portfolio, LLC and GVI RH JV HoldCo, LLC.</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit3113q21.htm">31.1</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">*</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit3123q21.htm">31.2</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">*</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit3213q21.htm">32.1</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">*</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit3223q21.htm">32.2</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">*</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101.INS*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">XBRL Instance Document</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101.SCH*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">XBRL Schema Document</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101.CAL*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">XBRL Calculation Linkbase Document</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101.DEF*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Definition Linkbase Document</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101.LAB*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">XBRL Labels Linkbase Document</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101.PRE*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">XBRL Presentation Linkbase Document</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104*</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cover Page Intereactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101)</span></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">__________</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">*&#160;&#160;&#160;&#160;Filed herewith.</span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="-sec-extract:summary;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57</span></div></div></div><div id="i14b6c28632be4a8892cac6528a8e850f_154"></div><hr style="page-break-after:always"/><div style="min-height:45pt;width:100%"><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SIGNATURES</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of Section&#160;13 or 15(d) of the Securities Exchange Act of 1934, the Registrant, Jones Lang LaSalle Income Property Trust, Inc., has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#160;</span></div><div style="margin-top:8pt;text-align:right;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:406.50pt"><tr><td style="width:1.0pt"></td><td style="width:25.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:84.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:19.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:268.75pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">JONES LANG LASALLE INCOME PROPERTY TRUST, INC.</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date: </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">November 10, 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/&#160;C. Allan Swaringen</span></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">C. Allan Swaringen</span></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">President, Chief Executive Officer</span></td></tr></table></div><div style="margin-top:14pt;text-align:right"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:406.50pt"><tr><td style="width:1.0pt"></td><td style="width:25.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:84.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:19.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:268.75pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">JONES LANG LASALLE INCOME PROPERTY TRUST, INC.</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date: </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">November 10, 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/&#160;Gregory A. Falk</span></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gregory A. Falk</span></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Chief Financial Officer and Treasurer</span></td></tr></table></div><div style="margin-top:6pt;text-align:right;text-indent:22.5pt"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">58</span></div></div></div></body></html>
[{"type": "10-Q", "sequence": "1", "filename": "jllipt-20210930.htm", "description": "10-Q", "secsgml_size_bytes": 2541082}]
{"company-data": {"conformed-name": "Jones Lang LaSalle Income Property Trust, Inc.", "cik": "0001314152", "assigned-sic": "6798", "irs-number": "000000000", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "10-Q", "act": "34", "file-number": "000-51948", "film-number": "211397955"}, "business-address": {"street1": "333 WEST WACKER DRIVE", "city": "CHICAGO", "state": "IL", "zip": "60606", "phone": "312-897-4000"}, "mail-address": {"street1": "333 WEST WACKER DRIVE", "city": "CHICAGO", "state": "IL", "zip": "60606"}, "former-company": {"former-conformed-name": "EXCELSIOR LASALLE PROPERTY FUND INC", "date-changed": "20050111"}}
jllipt-20210930
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________
FORM
10-Q
_________________________________
☒
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended
September 30, 2021
OR
☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from                    to
Commission file number:
000-51948
_________________________________
Jones Lang LaSalle Income Property Trust, Inc.
(Exact name of registrant as specified in its charter)
_________________________________
Maryland
20-1432284
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification Number)
333 West Wacker Drive
,
Chicago
IL
,
60606
(Address of principal executive offices, including Zip Code)
(
312
)
897-4000
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
_________________________________
Securities registered pursuant to Section 12(b) of the Act: None
Indicate by check mark whether the registrant (1) has 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 the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes
☑
NO
☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes
☑
NO
☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.  See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☐
Accelerated filer
☐
Non-accelerated filer
☑
Smaller reporting company
☐
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).      YES
☐
NO
☑
The number of shares of the registrant's Common Stock, $.01 par value, outstanding on November 10, 2021 were
97,924,180
shares of Class A Common Stock,
35,846,503
shares of Class M Common Stock,
9,307,567
shares of Class A-I Common Stock,
49,183,334
shares of Class M-I Common Stock and
7,513,281
shares of Class D Common Stock.
Jones Lang LaSalle Income Property Trust, Inc.
INDEX
PAGE
NUMBER
Part I - FINANCIAL INFORMATION
Item 1. Financial Statements
3
Consolidated Balance Sheets as of
Septem
ber
30, 2021 (unaudited) and December 31, 2020
3
Consolidated Statements of Operations for the three and
nine
months ended
September
30, 2021 and 2020 (unaudited)
4
Consolidated Statements of Equity for the three and
nine
months ended
September
30, 2021 and 2020 (unaudited)
5
Consolidated Statements of Cash Flows for the
nine
months ended
September
30, 2021 and 2020 (unaudited)
6
Notes to Consolidated Financial Statements (unaudited)
7
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
28
Item 3. Quantitative and Qualitative Disclosures About Market Risk
55
Item 4. Controls and Procedures
56
Part II - OTHER INFORMATION
Item 1. Legal Proceedings
56
Item 1A. Risk Factors
56
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
56
Item 3. Defaults Upon Senior Securities
57
Item 4. Mine Safety Disclosures
57
Item 5. Other Information
57
Item 6. Exhibits
58
SIGNATURES
59
2
Item 1. Financial Statements.
Jones Lang LaSalle Income Property Trust, Inc.
CONSOLIDATED BALANCE SHEETS
$ in thousands, except per share amounts
September 30, 2021
December 31, 2020
ASSETS
(Unaudited)
Investments in real estate:
Land (including from VIEs of $
49,059
and $
22,605
, respectively)
$
540,691
$
428,313
Buildings and equipment (including from VIEs of $
177,431
and $
142,946
, respectively)
2,507,486
1,892,023
Less accumulated depreciation (including from VIEs of $(
25,835
) and $(
23,083
), respectively)
(
258,011
)
(
219,833
)
Net property and equipment
2,790,166
2,100,503
Investment in unconsolidated real estate affiliates
179,631
187,890
Real estate fund investments
283,176
79,192
Investments in real estate and other assets held for sale
—
34,148
Net investments in real estate
3,252,973
2,401,733
Investment in marketable securities
28,177
—
Cash and cash equivalents (including from VIEs of $
6,668
and $
3,159
, respectively)
188,380
84,805
Restricted cash (including from VIEs of $
671
and $
800
, respectively)
40,687
16,629
Tenant accounts receivable, net (including from VIEs of $
2,019
and $
2,679
, respectively)
8,338
8,680
Deferred expenses, net (including from VIEs of $
509
and $
516
, respectively)
14,275
10,982
Acquired intangible assets, net (including from VIEs of $
9,737
and $
2,638
, respectively)
161,396
105,206
Deferred rent receivable, net (including from VIEs of $
1,122
and $
1,087
, respectively)
24,427
21,274
Prepaid expenses and other assets (including from VIEs of $
543
and $
164
, respectively)
21,078
9,290
TOTAL ASSETS
$
3,739,731
$
2,658,599
LIABILITIES AND EQUITY
Mortgage notes and other debt payable, net (including from VIEs of $
113,554
and $
82,033
, respectively)
$
1,584,926
$
868,102
Liabilities held for sale
—
18,242
Accounts payable and other liabilities (including from VIEs of $
1,626
and $
1,335
, respectively)
52,273
36,137
Financing obligation
298,584
155,882
Accrued offering costs
126,674
106,908
Accrued interest (including from VIEs of $
322
and $
296
, respectively)
2,714
2,153
Accrued real estate taxes (including from VIEs of $
1,497
and $
738
, respectively)
14,779
6,640
Advisor fees payable
16,654
2,122
Acquired intangible liabilities, net (including from VIEs of $
218
and $
—
, respectively)
28,468
14,990
TOTAL LIABILITIES
2,125,072
1,211,176
Commitments and contingencies
—
—
Equity:
Class A common stock: $
0.01
par value;
200,000,000
shares authorized;
96,013,268
and
89,671,096
shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
960
897
Class M common stock: $
0.01
par value;
200,000,000
shares authorized;
35,541,455
and
35,612,156
shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
355
356
Class A-I common stock: $
0.01
par value;
200,000,000
shares authorized;
9,074,648
and
9,616,299
shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
91
96
Class M-I common stock: $
0.01
par value;
200,000,000
shares authorized;
46,244,259
and
33,247,001
shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
462
332
Class D common stock: $
0.01
par value;
200,000,000
shares authorized;
7,513,281
and
4,957,915
shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
75
50
Additional paid-in capital (net of offering costs of $
248,424
and $
216,405
as of September 30, 2021 and December 31, 2020, respectively)
2,148,205
1,922,136
Distributions to stockholders
(
549,120
)
(
481,760
)
Accumulated deficit
(
7,647
)
(
14,723
)
Total Jones Lang LaSalle Income Property Trust, Inc. stockholders' equity
1,593,381
1,427,384
Noncontrolling interests
21,278
20,039
Total equity
1,614,659
1,447,423
TOTAL LIABILITIES AND EQUITY
$
3,739,731
$
2,658,599
The abbreviation "VIEs" above means consolidated Variable Interest Entities.
See notes to consolidated financial statements.
3
Jones Lang LaSalle Income Property Trust, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS
$ in thousands, except share and per share amounts
(Unaudited)
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
Revenues:
Rental revenue
$
58,100
$
46,970
$
161,369
$
139,370
Other revenue
2,827
2,067
8,185
5,243
Total revenues
60,927
49,037
169,554
144,613
Operating expenses:
Real estate taxes
8,282
7,572
24,573
22,419
Property operating expenses
10,947
9,975
31,052
27,554
Property general and administrative
470
728
946
3,609
Advisor fees
21,546
6,192
34,620
19,049
Company level expenses
940
693
3,123
2,241
Depreciation and amortization
23,519
18,830
64,682
56,450
Total operating expenses
65,704
43,990
158,996
131,322
Other income (expenses):
Interest expense
(
11,714
)
(
8,391
)
(
31,264
)
(
32,191
)
Loss from unconsolidated real estate affiliates and fund investments
(
1,270
)
(
3,289
)
(
4,021
)
(
16,186
)
Investment income on marketable securities
88
—
88
—
Net realized gain upon sale of marketable securities
38
—
38
—
Net unrealized change in fair value of investment in marketable securities
(
1,711
)
—
(
1,711
)
—
(Loss) gain on disposition of property and extinguishment of debt, net
—
(
3,480
)
33,422
(
1,772
)
Total other income and (expenses)
(
14,569
)
(
15,160
)
(
3,448
)
(
50,149
)
Net (loss) income
(
19,346
)
(
10,113
)
7,110
(
36,858
)
Less: Net loss (income) attributable to the noncontrolling interests
94
(
9
)
(
34
)
(
17
)
Net (loss) income attributable to Jones Lang LaSalle Income Property Trust, Inc.
$
(
19,252
)
$
(
10,122
)
$
7,076
$
(
36,875
)
Net (loss) income attributable to Jones Lang LaSalle Income Property Trust, Inc. per share-basic and diluted:
Class A
(
0.25
)
(
0.06
)
0.04
(
0.22
)
Class M
(
0.25
)
(
0.06
)
0.04
(
0.22
)
Class A-I
(
0.25
)
(
0.06
)
0.04
(
0.22
)
Class M-I
(
0.26
)
(
0.06
)
0.03
(
0.22
)
Class D
(
0.25
)
(
0.06
)
0.03
(
0.22
)
Weighted average common stock outstanding-basic and diluted
189,887,181
169,289,415
181,981,691
170,707,171
See notes to consolidated financial statements.
4
Jones Lang LaSalle Income Property Trust, Inc.
CONSOLIDATED STATEMENTS OF EQUITY
$ in thousands, except share and per share amounts (Unaudited)
Common Stock
Additional Paid
In Capital
Distributions to
Stockholders
Retained Earnings / (Accumulated Deficit)
Noncontrolling
Interests
Total
Equity
Shares
Amount
Balance, July 1, 2020
169,930,376
$
1,700
$
1,894,870
$
(
440,306
)
$
2,530
$
5,974
$
1,464,768
Issuance of common stock
3,343,225
33
38,996
—
—
—
39,029
Repurchase of shares
(
3,882,050
)
(
39
)
(
45,153
)
—
—
—
(
45,192
)
Conversion of shares
(
149
)
—
—
—
—
—
—
Offering costs
—
—
(
3,315
)
—
—
—
(
3,315
)
Net loss
—
—
—
—
(
10,122
)
9
(
10,113
)
Cash contributions from noncontrolling interests
—
—
—
—
—
2
2
Distributions declared per share ($
0.135
)
—
—
—
(
20,402
)
—
—
(
20,402
)
Balance, September 30, 2020
169,391,402
$
1,694
$
1,885,398
$
(
460,708
)
$
(
7,592
)
$
5,941
$
1,424,733
Balance, January 1, 2020
165,745,572
$
1,658
$
1,860,734
$
(
398,939
)
$
29,283
$
6,021
$
1,498,757
Issuance of common stock
22,227,749
222
269,868
—
—
—
270,090
Repurchase of shares
(
18,597,052
)
(
186
)
(
222,915
)
—
—
—
(
223,101
)
Conversion of shares
(
867
)
—
—
—
—
—
—
Offering costs
—
—
(
22,481
)
—
—
—
(
22,481
)
Stock based compensation
16,000
—
192
—
—
—
192
Net loss
—
—
—
—
(
36,875
)
17
(
36,858
)
Cash contributions from noncontrolling interests
—
—
—
—
—
3
3
Cash distributed to noncontrolling interests
—
—
—
—
—
(
100
)
(
100
)
Distributions declared per share ($
0.405
)
—
—
—
(
61,769
)
—
—
(
61,769
)
Balance, September 30, 2020
169,391,402
$
1,694
$
1,885,398
$
(
460,708
)
$
(
7,592
)
$
5,941
$
1,424,733
Balance, July 1, 2021
184,454,753
$
1,845
$
2,040,114
$
(
525,732
)
$
11,605
$
19,768
$
1,547,600
Issuance of common stock
12,288,669
122
152,178
—
—
—
152,300
Repurchase of shares
(
2,358,010
)
(
24
)
(
29,340
)
—
—
—
(
29,364
)
Conversion of shares
(
2,501
)
—
—
—
—
—
—
Offering costs
—
—
(
14,796
)
—
—
—
(
14,796
)
Stock based compensation
4,000
—
49
—
—
—
49
Net loss
—
—
—
—
(
19,252
)
(
94
)
(
19,346
)
Cash contributions from noncontrolling interests
—
—
—
—
—
3,423
3,423
Cash distributed to noncontrolling interests
—
—
—
—
—
(
1,819
)
(
1,819
)
Distributions declared per share ($
0.135
)
—
—
—
(
23,388
)
—
—
(
23,388
)
Balance, September 30, 2021
194,386,911
$
1,943
$
2,148,205
$
(
549,120
)
$
(
7,647
)
$
21,278
$
1,614,659
Balance, January 1, 2021
173,104,467
$
1,731
$
1,922,136
$
(
481,760
)
$
(
14,723
)
$
20,039
$
1,447,423
Issuance of common stock
30,588,256
305
369,256
—
—
—
369,561
Repurchase of shares
(
9,322,654
)
(
93
)
(
111,406
)
—
—
—
(
111,499
)
Conversion of shares
(
3,158
)
—
—
—
—
—
—
Offering costs
—
—
(
32,019
)
—
—
—
(
32,019
)
Stock based compensation
20,000
—
238
—
—
—
238
Net income
—
—
—
—
7,076
34
7,110
Cash contributions from noncontrolling interests
—
—
—
—
—
3,423
3,423
Cash distributed to noncontrolling interests
—
—
—
—
—
(
2,218
)
(
2,218
)
Distributions declared per share ($
0.405
)
—
—
—
(
67,360
)
—
—
(
67,360
)
Balance, September 30, 2021
194,386,911
$
1,943
$
2,148,205
$
(
549,120
)
$
(
7,647
)
$
21,278
$
1,614,659
See notes to consolidated financial statements.
5
Jones Lang LaSalle Income Property Trust, Inc.
CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in thousands (Unaudited)
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)
$
7,110
$
(
36,858
)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
63,948
55,852
Gain on disposition of property and extinguishment of debt
(
33,422
)
1,772
Net realized gain upon sale of marketable securities
(
38
)
—
Net unrealized loss in fair value of marketable securities
1,711
—
Straight line rent
(
2,707
)
(
740
)
Loss from unconsolidated real estate affiliates and fund investments
4,021
16,186
Distributions from unconsolidated real estate affiliates and fund investments
8,121
3,443
Net changes in assets, liabilities and other
15,748
11,903
Net cash provided by operating activities
64,492
51,558
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of real estate investments
(
718,890
)
(
101,220
)
Proceeds from sale of real estate investments and fixed assets
66,992
5,372
Capital improvements and lease commissions
(
21,254
)
(
8,056
)
Investment in unconsolidated real estate affiliates
(
207,866
)
(
3,788
)
Deposits for investments under contract
(
4,159
)
—
Investment in marketable securities
(
31,170
)
—
Proceeds from sale of marketable securities
1,320
—
Net cash used in investing activities
(
915,027
)
(
107,692
)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of common stock
484,169
247,601
Repurchase of shares
(
111,499
)
(
221,662
)
Offering costs
(
12,252
)
(
13,660
)
Distributions to stockholders
(
24,296
)
(
27,988
)
Distributions paid to noncontrolling interests
(
2,218
)
(
100
)
Contributions received from noncontrolling interests
3,423
3
Deposits for loan commitments
—
(
405
)
Draws on credit facility
550,000
200,000
Payment on credit facility
(
140,000
)
(
100,000
)
Proceeds from mortgage notes and other debt payable
322,382
35,900
Debt issuance costs
(
6,959
)
(
52
)
Payment on early extinguishment of debt
—
(
1,457
)
Principal payments on mortgage notes and other debt payable
(
84,582
)
(
88,023
)
Net cash provided by financing activities
978,168
30,157
Net increase in cash, cash equivalents and restricted cash
127,633
(
25,977
)
Cash, cash equivalents and restricted cash at the beginning of the period
101,434
114,022
Cash, cash equivalents and restricted cash at the end of the period
$
229,067
$
88,045
Reconciliation of cash, cash equivalents and restricted cash shown per Consolidated Balance Sheets to cash, cash equivalents and restricted cash per Consolidated Statements of Cash Flows
Cash and cash equivalents
$
188,380
$
74,132
Restricted cash
40,687
13,913
Cash, cash equivalents and restricted cash at the end of the period
$
229,067
$
88,045
Supplemental disclosure of cash flow information:
Interest paid
$
26,541
$
26,994
Non-cash activities:
Write-offs of receivables
$
38
$
53
Write-offs of retired assets and liabilities
4,312
9,341
Change in liability for capital expenditures
(
29
)
525
Net liabilities transferred at disposition of real estate investment
230
63
Net liabilities assumed at acquisition
1,369
538
Change in issuance of common stock receivable and redemption of common stock payable
(
6,371
)
2,938
Change in accrued offering costs
19,767
8,821
Assumption of mortgage notes payables
(
53,219
)
—
See notes to consolidated financial statements.
6
Jones Lang LaSalle Income Property Trust, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
$ in thousands, except per share amounts
NOTE 1—ORGANIZATION
General
Except where the context suggests otherwise, the terms "we," "us," "our" and the "Company" refer to Jones Lang LaSalle Income Property Trust, Inc. The terms "Advisor" and "LaSalle" refer to LaSalle Investment Management, Inc.
Jones Lang LaSalle Income Property Trust, Inc. is an externally advised, daily valued perpetual-life real estate investment trust ("REIT") that owns and manages a diversified portfolio of residential, industrial, office, retail and other properties located in the United States. Over time, our real estate portfolio may be further diversified on a global basis through the acquisition of properties outside of the United States and may be complemented by investments in real estate-related debt and equity securities. We were incorporated on
May 28, 2004
under the laws of the State of Maryland. We believe that we have operated in such a manner to qualify to be taxed as a REIT for federal income tax purposes commencing with the taxable year ended December 31, 2004, when we first elected REIT status. As of September 30, 2021, we owned interests in a total of
98
properties and over 4,000 single-family rental houses located in
26
states.
We own all or substantially all of our assets through JLLIPT Holdings, LP, a Delaware limited partnership (our "operating partnership"), of which we are limited partner and JLLIPT Holdings GP, LLC, our wholly owned subsidiary, is the sole general partner. The use of our operating partnership to hold all or substantially all of our assets is referred to as an Umbrella Partnership Real Estate Investment Trust ("UPREIT").  By using an UPREIT structure, a property owner who desires to defer taxable gain on the disposition of his property may transfer the property to our operating partnership in exchange for limited partnership interests in the operating partnership ("OP Units") and defer taxation of gain until the limited partnership interests are disposed of in a taxable transaction. As of September 30, 2021, we raised aggregate proceeds from the issuance of OP Units in our operating partnership of $
14,242
, and owned directly or indirectly
99.4
% of the OP Units of our operating partnership.  The remaining
0.6
% of the OP Units are held by third parties.
From our inception to September 30, 2021, we have received approximately $
3,661,870
in gross offering proceeds from various public and private offerings of shares of our common stock.  On October 1, 2012,  we commenced our initial public offering of common stock and since that time we have offered shares of our common stock in various public offerings registered with the Securities and Exchange Commission (the "SEC").
On July 6, 2018, our most recent public offering (the "Current Public Offering") of up to $
3,000,000
in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock was declared effective by the SEC. As of September 30, 2021, we have raised aggregate gross proceeds from the sale of shares of our common stock in our Current Public Offering of $
1,227,818
.  We intend to continue to offer shares on a continuous basis for an indefinite period of tie by filing  anew registration statement before the end of each offering, and on June 4, 2021, we filed a new registration statement to register a follow-on public offering (the Follow-on Public Offering" of up to $
3,000,000
in any combination of shares or our Class A, Class M, Class A-I and Class M-I common stock.  As of November 10, 2021, our Follow-on Public Offering has not been declared effective.
In addition to our public offerings, on March 3, 2015, we commenced a private offering (the "Private Offering") of up to $
350,000
in shares of our Class D common stock with an indefinite duration.
As of September 30, 2021
, we have raised aggregate gross proceeds of $
98,188
.  In addition, on October 16, 2019, we, through our operating partnership, initiated a program (the "DST Program") to raise up to $
500,000
, which our board of directors increased to $1,000,000 on August 10, 2021, in private placements exempt from registration under the Securities Act of 1933, as amended, through the sale of beneficial interests to accredited investors in specific Delaware statutory trusts holding real properties ("DST Properties"), which may be sourced from our real properties or from third parties.  As of September 30, 2021, we have raised $
300,427
from our DST Program.
As of September 30, 2021,
96,013,268
shares of Class A common stock,
35,541,455
shares of Class M common stock,
9,074,648
shares of Class A-I common stock,
46,244,259
shares of Class M-I common stock, and
7,513,281
shares of Class D common stock were outstanding and held by a total of
19,118
stockholders.
LaSalle acts as our advisor pursuant to the advisory agreement among us, our operating partnership and LaSalle (the "Advisory Agreement"). The term of our Advisory Agreement expires June 5, 2022, subject to an unlimited number of successive one-year renewals.  Our Advisor, a registered investment advisor with the SEC, has broad discretion with respect to our investment decisions and is responsible for selecting our investments and for managing our investment portfolio pursuant to
7
the terms of the Advisory Agreement. Our executive officers are employees of and compensated by our Advisor. We have no employees, as all operations are managed by our Advisor.
LaSalle is a wholly owned, but operationally independent subsidiary of Jones Lang LaSalle Incorporated ("JLL" or our "Sponsor"), a New York Stock Exchange-listed leading professional services firm that specializes in real estate and investment management.  As of September 30, 2021, JLL and its affiliates owned an aggregate of
2,521,801
Class M shares, which were issued for cash at a price equal to the most recently reported net asset value ("NAV") per share as of the purchase date and have a current value of $
32,103
.
NOTE 2—
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation and Principles of Consolidation
The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), the instructions to Form 10-Q and Rule 10-01 of Regulation S-X and include the accounts of our wholly owned subsidiaries, consolidated variable interest entities ("VIE") and the unconsolidated investment in real estate affiliates accounted for under the equity method of accounting. We consider the authoritative guidance of accounting for investments in common stock, investments in real estate ventures, investors accounting for an investee when the investor has the majority of the voting interest but the minority partners have certain approval or veto rights, determining whether a general partner or general partners as a group controls a limited partnership or similar entity when the limited partners have certain rights and the consolidation of VIEs in which we own less than a
100
% interest.  All significant intercompany balances and transactions have been eliminated in consolidation.
Parenthetical disclosures are shown on our Consolidated Balance Sheets regarding the amounts of VIE assets and liabilities that are consolidated. As of September 30, 2021, our VIEs included The District at Howell Mill, Grand Lakes Marketplace, Presley Uptown, 237 Via Vera Cruz, 4211 Starboard Drive and 13500 Danielson Drive due to the joint venture structures and our partners having limited participation rights and no kick-out rights. The creditors of our VIEs do not have general recourse to us.
Noncontrolling interests represent the minority members' proportionate share of the equity in our VIEs. At acquisition, the assets, liabilities and noncontrolling interests were measured and recorded at the estimated fair value. Noncontrolling interests will increase for the minority members' share of net income of these entities and contributions and decrease for the minority members' share of net loss and distributions. As of September 30, 2021, noncontrolling interests represented the minority members' proportionate share of the equity of the entities listed above as VIEs.
Certain of our joint venture agreements include provisions whereby, at certain specified times, each party has the right to initiate a purchase or sale of its interest in the joint ventures at an agreed upon fair value. Under these provisions, we are not obligated to purchase the interest of our outside joint venture partners.
The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the accounting policies described in the consolidated financial statements and related notes included in our Annual Report on Form 10-K filed with the SEC on March 12, 2021 (our "2020 Form 10-K") and should be read in conjunction with such consolidated financial statements and related notes. The following notes to these interim consolidated financial statements highlight changes to the notes included in the December 31, 2020 audited consolidated financial statements included in our 2020 Form 10-K and present interim disclosures as required by the SEC.
The interim financial data as of September 30, 2021 and for the three and nine months ended September 30, 2021 and 2020 is unaudited. In our opinion, the interim data includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results for the interim periods.
8
Restricted Cash
Restricted cash includes amounts established pursuant to various agreements for loan escrow accounts, loan commitments and property sale proceeds. When we sell a property, we can elect to enter into a like-kind exchange pursuant to the applicable Internal Revenue Service guidance whereby the proceeds from the sale are placed in escrow with a qualified intermediary until a replacement property can be purchased.  At September 30, 2021, our restricted cash balance on our Consolidated Balance Sheets was primarily related to common stock subscriptions received in advance of the issuance of the common stock and loan escrow amounts.
Deferred Expenses
Deferred expenses consist of lease commissions. Lease commissions are capitalized and amortized over the term of the related lease as a component of depreciation and amortization expense. Accumulated amortization of deferred expenses at September 30, 2021 and December 31, 2020 was $
7,892
and $
6,495
, respectively.
Rental Revenue Recognition
We recognize rental revenue from tenants under operating leases on a straight-line basis over the non-cancelable term of the lease when collectibility of substantially all rents is reasonably assured. Recognition of rental revenue on a straight-line basis includes the effects of rental abatements, lease incentives and fixed and determinable increases in lease payments over the lease term. For leases where collection of substantially all rents is not deemed to be probable, revenue is recorded equal to cash that has been received from the tenant.  We evaluate the collectibility of rents and other receivables at each reporting period based on factors including, among others, tenant's payment history, the financial condition of the tenant, business conditions and trends in the industry in which the tenant operates and economic conditions in the geographic area where the property is located. If evaluation of these factors or others indicates it is not probable we will collect substantially all rent we recognize an adjustment to rental revenue. If our judgment or estimation regarding probability of collection changes we may adjust or record additional rental revenue in the period such conclusion is reached.
The COVID-19 pandemic has had a negative impact on some of our tenants' businesses. The duration and extent of the negative effects caused by the COVID-19 pandemic to the economy is uncertain, and as such, collectibility of certain tenants' rent receivable balances in the future is also uncertain. We have taken into account current tenant conditions, which include consideration of COVID-19 in our estimation of the tenants' uncollectible accounts and deferred rents receivable at September 30, 2021. We are closely monitoring the collectibility of such rents and will adjust future estimations as further information becomes known.  During the three months ended September 30, 2021 we recorded an increase in rental revenue due to collections of balances previously thought to be uncollectable of $
583
, and we recorded a reduction in rental revenue of  $
480
for nine months ended September 30, 2021 due to concern of collectibility. During the three and nine months ended September 30, 2021, we recorded a decrease in straight line revenue of $
14
and an increase of  $
135
, respectively, as a result of collections from certain tenants. During the three and nine months ended September 30, 2020, we recorded a reduction in rental revenue of $
710
and $
2,701
, respectively, and a reduction in straight line revenue of $
30
and $
2,141
due to concern of collectibility, respectively.  During the three and nine months ended September 30, 2021, we deferred $
699
and $
937
, respectively, and abated $
299
and $
553
, respectively, of rental revenue. During the three and nine months ended September 30, 2020, we deferred $
679
and $
1,851
, respectively, and abated $
113
and $
970
of rental revenue, respectively.
Acquisitions
We have allocated a portion of the purchase price of our acquisitions to acquired intangible assets, which include acquired in-place lease intangibles, acquired above-market in-place lease intangibles and acquired ground lease intangibles, which are reported net of accumulated amortization of $
100,585
and $
82,699
at September 30, 2021 and December 31, 2020, respectively, on the accompanying Consolidated Balance Sheets. The acquired intangible liabilities represent acquired below-market in-place leases, which are reported net of accumulated amortization of $
14,471
and $
12,724
at September 30, 2021 and December 31, 2020, respectively, on the accompanying Consolidated Balance Sheets.
9
Assets and Liabilities Measured at Fair Value
The Financial Accounting Standards Board's ("FASB") guidance for fair value measurement and disclosure states that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering assumptions, authoritative guidance establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
•
Level 1
—Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that we have access to at the measurement date.
•
Level 2
—Observable inputs, other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly.  Level 2 inputs are those in markets for which there are few transactions, the prices are not current, little public information exists or instances where prices vary substantially over time or among brokered market makers.
•
Level 3
—Unobservable inputs for the asset or liability.  Unobservable inputs are those inputs that reflect our own assumptions that market participants would use to price the asset or liability based on the best available information.
The authoritative guidance requires the disclosure of the fair value of our financial instruments for which it is practicable to estimate that value. The guidance does not apply to all balance sheet items. Market information as available or present value techniques have been utilized to estimate the amounts required to be disclosed. Since such amounts are estimates, there can be no assurance that the disclosed value of any financial instrument could be realized by immediate settlement of the instrument.
Real estate fund investments accounted for under the fair value option fall within Level 3 of the hierarchy.  The fair value is recorded based upon changes in the NAV of the limited partnership as determined from the financial statements of the real estate fund.  During the nine months ended September 30, 2021 and 2020, we recorded a decrease in fair value classified within the Level 3 category of $
2,849
and $
14,737
, respectively, in our investment in the NYC Retail Portfolio (see
Note 4-Unconsolidated Real Estate Affiliates and Fund Investments
).
We have estimated the fair value of our mortgage notes and other debt payable reflected on the Consolidated Balance Sheets at amounts that are based upon an interpretation of available market information and valuation methodologies (including discounted cash flow analysis with regard to fixed rate debt) for similar loans made to borrowers with similar credit ratings and for the same maturities. The fair value of our mortgage notes and other debt payable using Level 2 inputs was $27,738 and $
30,923
higher than the aggregate carrying amounts at September 30, 2021 and December 31, 2020, respectively. Such fair value estimates are not necessarily indicative of the amounts that would be realized upon disposition of our mortgage notes payable.
Derivative Financial Instruments
We record all derivatives on the Consolidated Balance Sheets at fair value in prepaid expenses and other assets or accounts payable and other accrued expenses. Changes in the fair value of our derivatives are recorded as a component of interest expense on our Consolidated Statements of Operations as we have not designated our derivative instruments as hedges. Our objective in using interest rate derivatives is to manage our exposure to interest rate movements. To accomplish this objective, we use interest rate swaps.
As of September 30, 2021, we had the following outstanding interest rate derivatives related to managing our interest rate risk:
Interest Rate Derivative
Number of Instruments
Notional Amount
Interest Rate Swaps
5
$
190,000
The fair value of our interest rate swaps represent liabilities of $
3,897
and $
6,500
at September 30, 2021 and December 31, 2020, respectively.
Investment in Marketable Securities
In accordance with our investment guidelines, investments in marketable securities consist of stock of publicly traded REITs.  The net unrealized change in the fair value of our investments in marketable securities is recorded in earnings as part of net income in accordance with Accounting Standard Update ("ASU") 2016-1, Financial Statements - Overall (Subtopic 825-10) - Recognition and Measurement of Financial Assets and Financial Liabilities
.
10
Ground Lease
As of September 30, 2021, we have a single ground lease arrangement for which we are the lessee and recorded a right-of-use asset within prepaid expenses and other assets on our Consolidated Balance Sheets in the amount of $
2,114
and a lease liability within accounts payable and other liabilities on our Consolidated Balance Sheets in the amount of $
2,249
.
Use of Estimates
The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. For example, significant estimates and assumptions have been made with respect to useful lives of assets, recoverable amounts of receivables, fair value of derivatives and real estate assets, initial valuations and related amortization periods of deferred costs and intangibles, particularly with respect to property acquisitions. Actual results could differ from those estimates.
Recently Issued Accounting Pronouncements
In April 2020, the FASB issued a question and answer document that focused on the application of lease guidance applicable on concessions related to the effects of the COVID-19 pandemic. Per the guidance, we made an election to account for lease concessions related to the effects of the COVID-19 pandemic consistent with how those concessions would be accounted for under Topic 842, Leases, as though enforceable rights and obligations for those concessions existed.
In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848) ("ASU 2020-04"), which provides guidance containing practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. We are evaluating the impact of this guidance.
In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments Credit Losses (Topic 326), which changes how entities measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current incurred loss model with an expected loss approach, resulting in more timely recognition of such losses. In November 2018, the FASB released ASU 2018-19, Codification Improvements to Topic 326, Financial Instrument - Credit Losses, which clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. The guidance was effective for us as of January 1, 2020 and did not have a material impact on our consolidated financial statements.
Effective January 1, 2019, we adopted ASU 2016-02 Leases and 2018-11 Leases: Targeted Improvements (Topic 842) ("ASU 842"). The new guidance sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e., lessees and lessors). We elected a practical expedient, by class of underlying assets, to not separate non-lease components from the related lease components and, instead, to account for those components as a single lease component, when certain criteria are met. Upon adoption, we reclassified these components for prior periods to conform with the current period presentation. We also elected permitted practical expedients to not reassess lease classification and use of the standard's effective date as the date of initial application and therefore financial information under ASU 842 is not provided for periods prior to January 1, 2019. The accounting for lessors remained largely unchanged from previous GAAP; however, the standard required that lessors expense, on an as-incurred basis, certain initial direct costs that are not incremental in negotiating a lease. Under previous standards, certain of these costs were capitalizable and therefore this new standard will result in certain of these costs being expensed as incurred after adoption. Additionally, the standard requires lessors to evaluate whether the collectability of all rents is probable before recognizing rental revenues on a straight-line basis over the applicable lease term. The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight line basis over the term of the lease.  A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification.  Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. As of September 30, 2021, we have a ground lease arrangement for which we are the lessee and recorded a right-of-use asset within prepaid expenses and other assets on our Consolidated Balance Sheets in the amount of $
2,114
and a lease liability within accounts payable and other liabilities on our Consolidated Balance Sheets in the amount of
2,249
.
11
NOTE 3—PROPERTY
The primary reason we make acquisitions of real estate investments in the industrial, office, residential, retail and other property sectors is to invest capital contributed by stockholders in a diversified portfolio of real estate assets. All references to square footage and units are unaudited.
Acquisitions
On January 21, 2021, we acquired Louisville Distribution Center, a
1,040,000
square foot industrial property located in Shepherdsville, Kentucky for approximately $
95,000
. The acquisition was funded with cash on hand.
On February 2, 2021, we acquired 170 Park Ave, a
147,000
square foot life sciences property located in Florham Park, New Jersey for approximately $
46,600
. The acquisition was funded with cash on hand.
On February 23, 2021, we acquired Southeast Phoenix Distribution Center, a four property industrial distribution center totaling
474,000
square feet located in Chandler, Arizona for approximately $
91,000
. The acquisition was funded with cash on hand.
On May 3, 2021, we acquired Princeton North Andover, a newly constructed, 192-unit residential property located in North Andover, Massachusetts, for approximately $
72,500
. The acquisition was funded with cash on hand.
On June 24, 2021, we acquired Louisville Airport Distribution Center, a nearly
284,000
square-foot, newly constructed Class A industrial property located in the Southside/Airport industrial submarket of Louisville, Kentucky for approximately $
32,100
.  The acquisition was funded with cash on hand.
On July 2, 2021, we acquired a 95% interest in two industrial buildings, 237 Via Vera Cruz and 13500 Danielson Street, totaling
153,000
square feet located in San Marcos and Poway, California, respectively, for approximately $
36,640
. The acquisitions were funded with cash on hand.
On July 9, 2021, we acquired a 95% interest in 4211 Starboard, a
130,000
square foot industrial property located in Fremont, California for approximately $
32,000
using cash on hand.
On August 23, 2021, we acquired The Preserve at the Meadows, a 220-unit garden-style residential property in Fort Collins, Colorado, for approximately $
61,000
. The acquisition was funded with cash on hand.
On August 31, 2021, we acquired The Rockwell, a 204-unit residential property in Berlin, Massachusetts, for approximately $
84,000
. The acquisition was funded with cash on hand.
On September 15, 2021, we acquired 9101 Stony Point Drive, an
87,000
square foot, medical office building in Richmond, Virginia, for approximately $
52,000
. The acquisition was funded with cash on hand.
On September 28, 2021, we acquired 5 National Way and 47 National Way, a two-building life sciences center totaling
375,000
square feet, located in Durham, North Carolina for approximately $
66,750
. The acquisitions were funded with cash on hand.
On September 29, 2021, we acquired Miramont Apartments, a 210-unit residential property located in Fort Collins, Colorado, for approximately $
57,400
. The acquisition was funded with cash on hand and a draw on our line of credit.
On September 29, 2021, we acquired Pinecone Apartments, a 195-unit residential property located in Fort Collins, Colorado, for approximately $
51,600
. The acquisition was funded with cash on hand and a draw on our line of credit.
We allocated the purchase price for our 2021 acquisitions in accordance with authoritative guidance as follows:
2021 Acquisitions
Land
$
112,378
Building and equipment
599,830
In-place lease intangible (acquired intangible assets)
74,979
Above-market lease intangible (acquired intangible assets)
3,250
Below-market lease intangible (acquired intangible liabilities)
(
16,328
)
$
774,109
Amortization period for intangible assets and liabilities
6
-
180
months
12
Disposition
On January 8, 2021, we sold South Seattle Distribution Center, a three property industrial center totaling
323,000
square feet located in Seattle, Washington for approximately $
72,600
less closing costs.  In connection with the disposition, the mortgage loan associated with the property of $
17,841
was retired. We recorded a gain on the sale of the property in the amount of $
33,580
.
NOTE 4—
UNCONSOLIDATED REAL ESTATE AFFILIATES AND FUND INVESTMENTS
In addition to investments in consolidated properties, we may make investments in real estate which are classified as unconsolidated real estate affiliates under GAAP.  The residential sector includes apartment properties and single family rental homes.
Unconsolidated Real Estate Affiliates
The following represent our unconsolidated real estate affiliates as of September 30, 2021 and December 31, 2020.
Carrying Amount of Investment
Property
Property Type
Location
Acquisition Date
September 30, 2021
December 31, 2020
Chicago Parking Garage
Other
Chicago, IL
December 23, 2014
$
13,853
$
14,000
Pioneer Tower
Office
Portland, OR
June 28, 2016
102,748
108,715
The Tremont
Residential
Burlington, MA
July 19, 2018
21,417
21,430
The Huntington
Residential
Burlington, MA
July 19, 2018
10,938
11,549
Siena Suwanee Town Center
Residential
Suwanee, GA
December 15, 2020
30,675
32,196
Total
$
179,631
$
187,890
Summarized Combined Statements of Operations—Unconsolidated Real Estate Affiliates—Equity Method Investments
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
Total revenues
$
5,564
$
3,920
$
15,964
$
12,188
Total operating expenses
4,958
4,030
16,394
12,038
Operating income
$
606
$
(
110
)
$
(
430
)
$
150
Interest expense
834
531
2,513
1,599
Net loss
$
(
228
)
$
(
641
)
$
(
2,943
)
$
(
1,449
)
Real Estate Fund Investments
NYC Retail Portfolio
On December 8, 2015, a wholly owned subsidiary of ours acquired an approximate
28
% interest in a newly formed limited partnership, Madison NYC Core Retail Partners, L.P., which acquired an approximate
49
% interest in entities that initially owned 15 retail properties located in the greater New York City area (the "NYC Retail Portfolio"), the result of which is that we own an approximate
14
% interest in the NYC Retail Portfolio. The purchase price for such portion was approximately $
85,600
including closing costs. As of September 30, 2021, the NYC Retail Portfolio owned eight retail properties totaling approximately
1,940,000
square feet across urban infill locations in Manhattan, Brooklyn, Queens and New Jersey.
At acquisition we made the election to account for our interest in the NYC Retail Portfolio under the fair value option. This fair value election was made as the investment is in the form of a commingled fund with institutional partners where fair value accounting provides the most relevant information about the financial condition of the investment. We record increases and decreases in our investment each reporting period based on the change in the fair value of the investment as estimated by the general partner. Critical inputs to NAV estimates include valuations of the underlying real estate assets, which incorporate investment-specific assumptions such as discount rates, capitalization rates and rental growth rates. We did not consider adjustments to NAV estimates provided by the general partner, including adjustments for any restrictions to the transferability of ownership interests embedded within the investment agreement to which we are a party, to be necessary based upon (1) our understanding of the methodology utilized and inputs incorporated to estimate NAV at the investment level, (2) consideration of market demand for the retail assets held by the venture, and (3) contemplation of real estate and capital markets conditions in
13
the localities in which the venture operates. We have no unfunded commitments. Our investment in the NYC Retail Portfolio is presented on our Consolidated Balance Sheets within real estate fund investment. Changes in the fair value of our investment as well as cash distributions received are recorded on our Consolidated Statements of Operations within income from unconsolidated real estate affiliates and fund investments.  As of September 30, 2021 and December 31, 2020, the carrying amount of our investment in the NYC Retail Portfolio was $
78,004
and $
79,192
, respectively. During the three and nine months ended September 30, 2021, we recorded a decrease in fair value of our investment in the NYC Retail Portfolio of $
2,813
and $
2,849
, respectively and received no cash distributions.  During the three and nine months ended September 30, 2021, we made a $
1,661
capital contribution to Madison NYC Core Retail Partners, L.P.  During the three and nine months ended September 30, 2020, we recorded a decrease in fair value of our investment in the NYC Retail Portfolio of $
2,648
and $
14,737
, respectively and received no cash distributions. On March 4, 2020, a retail property in the NYC Retail Portfolio with a square footage of
74,000
was sold and the mortgage loan was extinguished.
Single-Family Rental Portfolio
On August 5, 2021, we acquired a
47
% interest in a portfolio of approximately 4,000 stabilized single family rental homes located in various markets across the United States, including Atlanta, Dallas, Phoenix, Nashville and Charlotte, among others (the "Single-Family Rental Portfolio"). The portfolio is encumbered by securitized mortgages in a net amount of approximately $
760,000
maturing in the fourth quarter of 2025 at a weighted average interest rate of
2.1
%. The equity purchase price our
47
% interest was approximately $
205,000
.  We funded the transaction using cash on hand and a draw on our revolving line of credit.
As of September 30, 2021, the carrying amount of our investment in the Single-Family Rental Portfolio was $
205,172
.  During the three months ended September 30, 2021, we recorded no change in the fair value of our investment in the Single-Family Rental Portfolio.  During the three months ended September 30, 2021, we received distributions of income totaling $
1,771
.  This cash distribution of income increased income from unconsolidated real estate affiliates and fund investments.
Summarized Statement of Operations—NYC Retail Portfolio Investment and Single-Family Rental Portfolio—Fair
Value Option Investment
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
Total revenue
$
12,747
$
313
$
11,671
$
2,247
Net investment income (loss)
4,372
(
174
)
4,390
736
Net change in unrealized loss on investment in real estate venture
(
10,295
)
(
9,570
)
(
10,163
)
(
53,243
)
Net loss
$
(
5,923
)
$
(
9,744
)
$
(
5,773
)
$
(
52,507
)
14
NOTE 5—
MORTGAGE NOTES AND OTHER DEBT PAYABLE
Mortgage notes and other debt payable have various maturities through 2031 and consist of the following:
Mortgage notes and other debt payable
Maturity Date
Interest
Rate
Amount payable as of
September 30, 2021
December 31, 2020
Mortgage notes payable
(1)(2)(3)
June 1, 2023 - March 1, 2038
1.48
% -
5.30
%
$
1,079,935
$
771,043
Credit facility
Revolving line of credit
May 25, 2024
1.73
%
275,000
—
Term loans
May 24, 2024
3.10
%
235,000
100,000
TOTAL
$
1,589,935
$
871,043
Net debt discount on assumed debt and debt issuance costs
(
5,009
)
(
2,941
)
Mortgage notes and other debt payable, net
$
1,584,926
$
868,102
South Seattle Distribution Center
(4)
$
—
$
17,873
________
(1)     During the nine months ending September 30, 2021, we entered into the following new mortgage notes payable:
•
On February 10, 2021, we entered into a $
34,000
mortgage payable on Whitestown Distribution Center. The mortgage note bears an interest of
2.95
% and matures on February 10, 2028.
•
On March 11, 2021, we entered into a $
36,030
mortgage payable on Townlake of Coppell.  The mortgage note bears an interest rate of
2.41
% and matures on April 10, 2028.
•
On April 26, 2021, we entered into a $
52,250
mortgage payable on Louisville Distribution Center. The mortgage bears an interest rate of
1.76
% and matures on May 1, 2026.
•
On May 18, 2021, we entered into a $
49,000
mortgage payable on Southeast Phoenix Distribution Center. The mortgage bears an interest rate of
2.70
% and matures on June 1, 2028.
•
On June 30, 2021, we entered into a $
39,900
mortgage payable on Princeton North Andover. The mortgage bears an interest rate of LIBOR + 1.55% (
1.63
% at September 30, 2021) and matures on June 1, 2028.
•
On September 10, 2021, we entered into a $
32,492
mortgage payable on two industrial buildings. $
11,880
is allocated towards the San Marcos property and $
20,612
is allocated towards the Fremont property. The mortgage bears an interest rate of LIBOR + 1.40% (
1.48
% at September 30, 2021) and matures on September 8, 2026.
•
On September 23, 2021, we entered into a $
32,400
mortgage payable on The Preserve at the Meadows.  The mortgage bears an interest rate of
2.57
% and matures on October 1, 2031.
•
On September 30, 2021, we entered into a $
46,310
mortgage payable on The Rockwell. The mortgage bears an interest rate of
2.62
% and matures on October 1, 2031.
(2)    During the nine months ending September 30, 2021, we repaid the following mortgage notes payable:
•
On March 8, 2021, we repaid the mortgage note payable related to 140 Park Avenue in the amount of $
22,800
.
•
On March 17, 2021, we repaid the mortgage note payable related to Monument IV in the amount of $
40,000
.
(3)    During the nine months ending September 30, 2021, we assumed the following mortgage notes payable:
•
On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Miramont Apartments. The mortgage bears an interest rate of
3.87
% for the remaining five- year term. As of September 30, 2021, the balance of the loan was $
27,752
.
15
•
On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Pinecone Apartments. The mortgage bears an interest rate of
3.87
% for the remaining five-year term. As of September 30, 2021, the balance of the loan was $
25,467
.
(4)     The property associated with this loan was designated as held for sale as of December 31, 2020. The property associated with this loan was sold on January 8, 2021 and the loan was repaid.
Aggregate future principal payments of mortgage notes and other debt payable as of September 30, 2021 are as follows:
Year
Amount
2021
$
1,908
2022
7,812
2023
89,890
2024
534,917
2025
192,296
Thereafter
763,112
Total
$
1,589,935
Credit Facility
On May 24, 2021, we entered into a credit agreement providing for a $
650,000
revolving line of credit and unsecured term loan (collectively, the "Credit Facility") with a syndicate of eight lenders led by JPMorgan Chase Bank, N.A., Bank of America, N.A., PNC Capital Markets LLC and Wells Fargo Bank, N.A. The Credit Facility provides us with the ability, from time to time, to increase the size of the Credit Facility up to a total of $800 million, subject to receipt of lender commitments and other conditions. The $650,000 Credit Facility consists of a $
415,000
revolving credit facility (the "Revolving Credit Facility") and a $
235,000
term loan (the "Term Loan"). The Revolving Credit Facility contains a sublimit of $25,000 for letters of credit. The primary interest rate for the Revolving Credit Facility is based on LIBOR, plus a margin ranging from
1.40
% to
2.10
%, depending on our total leverage ratio. The primary interest rate for the Term Loan is based on LIBOR, plus a margin ranging from
1.35
% to 2.05%, depending on our total leverage ratio. The maturity date of the Revolving Credit Facility and the Term Loan is
May 24, 2025
.  Based on our current total leverage ratio, we can elect to borrow at LIBOR plus 1.45% and LIBOR plus 1.40% for the Revolving Credit Facility and Term Loan, respectively, or alternatively, we can choose to borrow at a "base rate" equal to (i) the highest of (a) the Federal Funds Rate plus 0.5%, (b) the prime rate announced by JPMorgan Chase Bank, N.A., and (c) LIBOR plus 1.0%, plus (ii) a margin ranging from 0.40% to 1.10% for base rate loans under the Revolving Credit Facility or a margin ranging from 0.35% to 1.05% for base rate loans under the Term Loan. If the "base rate" is less than 1.0%, it will be deemed to be 1.0% for purposes of the Credit Facility. We intend to use the Revolving Credit Facility to cover short-term capital needs, for new property acquisitions and working capital.  We may not draw funds on our Credit Facility if we (i) experience a material adverse effect, which is defined to include, among other things, (a) a material adverse effect on the business, assets, operations or financial condition of the Company taken as a whole; (b) the inability of any loan party to perform any of its obligations under any loan document; or (c) a material adverse effect upon the validity or enforceability of any loan document or (ii) are in default, as that term is defined in the agreement, including a default under certain other loan agreements and/or guarantees entered into by us or our subsidiaries. As of September 30, 2021, we believe no material adverse effects had occurred.  The Credit Facility provides for alternative rate benchmarks in the event that LIBOR is no longer appropriate or available.
At September 30, 2021, we had $
275,000
outstanding under the Revolving Credit Facility at LIBOR + 1.65% and $
235,000
outstanding under the Term Loan at LIBOR +
1.60
%.  We swapped the LIBOR portion on $190,000 of our Term Loan to a blended fixed rate of
1.93
% (all in rate of
3.53
% at September 30, 2021) and swapped $90,000 of the Revolving Credit Facility to a fixed rate of
2.64
% (all in rate of
4.04
%) at September 30, 2021. The interest rate swap agreements have maturity dates ranging from May 26, 2022 through February 17, 2023.
Covenants
At September 30, 2021, we were in compliance with all debt covenants.
Debt Issuance Costs
Debt issuance costs are capitalized, and presented net of mortgage notes and other debt payable, and amortized over the terms of the respective agreements as a component of interest expense. Accumulated amortization of debt issuance costs at September 30, 2021 and December 31, 2020 was $
7,308
and $
6,749
, respectively.
16
NOTE 6—
COMMON STOCK
We have five classes of common stock: Class A, Class M, Class A-I, Class M-I, and Class D.  The fees payable to LaSalle Investment Management Distributors, LLC, an affiliate of our Advisor and the dealer manager for our offerings (the "Dealer Manager"), with respect to each outstanding share of each class, as a percentage of NAV, are as follows:
Selling Commission
(1)
Dealer Manager Fee
(2)
Class A Shares
up to 3.0%
0.85%
Class M Shares
—
0.30%
Class A-I Shares
up to 1.5%
0.30%
Class M-I Shares
—
None
Class D Shares
(3)
up to 1.0%
None
________
(1)     Selling commissions are paid on the date of sale of our common stock.
(2)     We accrue all future dealer manager fees up to the ten percent regulatory limitation as accrued offering costs on our Consolidated Balance Sheets on the date of sale of our common stock.  For NAV calculation purposes, dealer manager fees are accrued daily, on a continuous basis equal to 1/365th of the stated fee.  Each Class A, Class M and Class A-I share sold in a public offering will automatically convert into the number of Class M-I shares based on the then-current applicable NAV of each class on the date following the termination of the primary portion of such public offering in which we, with the assistance of the Dealer Manager, determine that total underwriting compensation paid with respect to such public offering equals 10% of the gross proceeds from the primary portion of such public offering.
(3)     Shares of Class D common stock are only being offered pursuant to a private offering.
The selling commissions and dealer manager fees are offering costs and are recorded as a reduction of additional paid in capital.
Stock Transactions
The stock transactions for each of our classes of common stock for the nine months ended September 30, 2021 were as follows:
Shares of
Class A
Common Stock
Shares of
Class M
Common Stock
Shares of
Class A-I
Common Stock
Shares of
Class M-I
Common Stock
Shares of
Class D
Common Stock
Balance, December 31, 2020
89,671,096
35,612,156
9,616,299
33,247,001
4,957,915
Issuance of common stock
11,621,561
2,231,314
196,799
14,003,216
2,555,366
Repurchase of common stock
(
5,124,503
)
(
1,566,243
)
(
738,450
)
(
1,893,458
)
—
Share conversions
(
154,886
)
(
735,772
)
—
887,500
—
Balance, September 30, 2021
96,013,268
35,541,455
9,074,648
46,244,259
7,513,281
Stock Issuances
The stock issuances for our classes of common stock, including those issued through our distribution reinvestment plan, for the nine months ended September 30, 2021 were as follows:
Nine Months Ended September 30, 2021
# of shares
Amount
Class A Shares
11,621,561
$
141,017
Class M Shares
2,231,314
27,058
Class A-I Shares
196,799
2,385
Class M-I Shares
14,003,216
169,339
Class D Shares
2,555,366
30,000
Total
$
369,799
17
Share Repurchase Plan
Our share repurchase plan allows stockholders, subject to a one-year holding period, with certain exceptions, to request that we repurchase all or a portion of their shares of common stock on a daily basis at that day's NAV per share, limited to
5
% of aggregate Company NAV per quarter. For the nine months ended September 30, 2021, we repurchased
9,322,654
shares of common stock in the amount of $
111,499
. During the nine months ended September 30, 2020, we repurchased
18,597,052
shares of common stock in the amount of $
223,101
.
Distribution Reinvestment Plan
Pursuant to our distribution reinvestment plan, holders of shares of any class of our common stock may elect to have their cash distributions reinvested in additional shares of our common stock at the NAV per share applicable to the class of shares being purchased on the distribution date.  For the nine months ended September 30, 2021, we issued
3,540,535
shares of common stock for $
43,064
under the distribution reinvestment plan. For the nine months ended September 30, 2020, we issued
4,505,845
shares of common stock for $
53,669
under the distribution reinvestment plan.
Operating Partnership Units
In connection with the acquisition of Siena Suwanee Town Center, we issued
1,217,092
OP Units to third parties for a total of $
14,252
.  After a one-year holding period, holders of OP Units generally have the right to cause the operating partnership to redeem all or a portion of their OP Units for, at our sole discretion, shares of our common stock, cash, or a combination of both.
Earnings Per Share
We compute net income per share for Class A, Class M, Class A-I, Class M-I and Class D common stock using the two-class method. Our Advisor may earn a performance fee (see
Note 9-Related Party Transactions
), which may impact the net income of each class of common stock differently. In periods where no performance fee is recognized in our Consolidated Statements of Operations and Comprehensive Income, the net income per share will be the same for each class of common stock.
Basic and diluted net income per share for each class of common stock is computed using the weighted-average number of common shares outstanding during the period for each class of common stock. We have not issued any dilutive or potentially dilutive securities, and thus the basic and diluted net income per share for a given class of common stock is the same for each period presented.
18
The following table sets forth the computation of basic and diluted net income per share for each of our Class A, Class M, Class A-I, Class M-I and Class D common stock:
Three Months Ended September 30, 2021
Class A
Class M
Class A-I
Class M-I
Class D
Basic and diluted net loss per share:
Allocation of net loss per share before performance fee
$
(
16,540
)
$
(
6,140
)
$
(
1,651
)
$
(
7,537
)
$
(
1,313
)
Allocation of performance fee
6,662
2,635
710
3,463
582
Total
$
(23,202)
$
(8,775)
$
(2,361)
$
(11,000)
$
(1,895)
Weighted average number of common shares outstanding
94,656,530
35,138,533
9,447,086
43,131,751
7,513,281
Basic and diluted net loss per share:
$
(
0.25
)
$
(
0.25
)
$
(
0.25
)
$
(
0.26
)
$
(
0.25
)
Nine Months Ended September 30, 2021
Class A
Class M
Class A-I
Class M-I
Class D
Basic and diluted net income per share:
Allocation of net income per share before performance fee
$
10,649
$
4,063
$
1,108
$
4,450
$
806
Allocation of performance fee
6,662
2,635
710
3,463
582
Total
$
3,987
$
1,428
$
398
$
987
$
224
Weighted average number of common shares outstanding
91,944,466
35,082,628
9,569,529
38,424,069
6,961,022
Basic and diluted net income per share:
$
0.04
$
0.04
$
0.04
$
0.03
$
0.03
Three Months Ended September 30, 2020
Class A
Class M
Class A-I
Class M-I
Class D
Basic and diluted net loss per share:
Allocation of net loss per share before performance fee
$
(
5,346
)
$
(
2,147
)
$
(
579
)
$
(
1,753
)
$
(
297
)
Weighted average number of common shares outstanding
89,432,854
35,897,894
9,686,983
29,313,769
4,927,915
Basic and diluted net loss per share:
$
(
0.06
)
$
(
0.06
)
$
(
0.06
)
$
(
0.06
)
$
(
0.06
)
Nine Months ended September 30, 2020
Class A
Class M
Class A-I
Class M-I
Class D
Basic and diluted net loss per share:
Allocation of net loss per share before performance fee
$
(
19,529
)
$
(
8,009
)
$
(
2,213
)
$
(
6,055
)
$
(
1,069
)
Weighted average number of common shares outstanding
90,409,712
37,074,115
10,240,781
28,024,648
4,927,915
Basic and diluted net loss per share:
$
(
0.22
)
$
(
0.22
)
$
(
0.22
)
$
(
0.22
)
$
(
0.22
)
Organization and Offering Costs
Organization and offering costs include, but are not limited to, legal, accounting, printing fees and personnel costs of our Advisor attributable to our organization, preparation of the registration statement, registration and qualification of our common stock for sale with the SEC, or in a private placement, and in the various states and filing fees incurred by our Advisor. LaSalle agreed to fund our organization and offering expenses for the Current Public Offering until July 6, 2018, the day the registration statement was declared effective by the SEC, following which time we commenced reimbursing LaSalle over
36
months.  Following the Current Public Offering commencement date, we began paying directly or reimbursing LaSalle if it pays on our behalf any organization and offering costs incurred during the Current Public Offering period (other than selling commissions and dealer manager fees) as and when incurred. After the termination of the Current Public Offering, LaSalle has agreed to reimburse us to the extent that the organization and offering costs that we incur exceed
15
% of our gross proceeds from the Current Public Offering. LaSalle agreed to fund our organization and offering expenses for the Third Extended Public Offering which has not yet been declared effective by the SEC.  We will begin reimbursing LaSalle over
36
months once the Third Extended Public Offering is declared effective. Organization costs are expensed, whereas offering costs are recorded as a reduction of capital in excess of par value. As of September 30, 2021 and December 31, 2020, LaSalle had paid $
1,551
and $
1,138
, respectively, of organization and offering costs on our behalf which we had not yet reimbursed. These costs are included in accrued offering costs on the Consolidated Balance Sheets.
19
NOTE 7—DST PROGRAM
On October 16, 2019, we, through our operating partnership, initiated the DST Program and on August 10, 2021, our board of directors approved an increase to raise up to a total of $1,000,000 in private placements through the sale of beneficial interests in specific Delaware statutory trusts ("DST") holding DST Properties, which may be sourced from our existing portfolio or from newly acquired properties sourced from third parties. Each DST Property will be leased back by a wholly owned subsidiary of our operating partnership on a long-term basis of up to ten years pursuant to a master lease agreement. The master lease agreements are expected to be guaranteed by our operating partnership. As compensation for the master lease guarantee, our operating partnership will retain a fair market value purchase option giving it the right, but not the obligation, to acquire the beneficial interests in the DST from the investors at any time after two years from the closing of the applicable DST offering in exchange for OP Units or cash, at our discretion.
The sale of beneficial interests in the DST Property will be accounted for as a failed sale-leaseback transaction due to the fair market value purchase option retained by the operating partnership and as such, the property will remain on our books and records.  The proceeds received from each DST offering will be accounted for as a financing obligation on the Consolidated Balance Sheets. Upfront costs for legal work and debt placement costs for the DST totaling $
1,857
are accounted for as deferred loan costs and are netted against the financing obligation.
Under the master lease, we are responsible for subleasing the DST Property to tenants, for covering all costs associated with operating the underlying DST Property, and for paying base rent to the DST that owns such property. For financial reporting purposes (and not for income tax purposes), the DST Properties are included in our consolidated financial statements, with the master lease rent payments accounted for using the interest method whereby a portion is accounted for as interest expense and a portion is accounted for as a reduction of the outstanding principal balance of the financing obligation.  Upon the determination that it is probable that we will exercise the fair market value purchase option, we will recognize additional interest expense or interest income to the financing obligation to account for the difference between the fair value of the property and the outstanding liabilities.  For financial reporting purposes, the rental revenues and rental expenses associated with the underlying property of each master lease are included in the respective line items on our Consolidated Statements of Operations and Comprehensive Income. The net amount we receive from the underlying DST Properties may be more or less than the amount we pay to the investors in the specific DST and could fluctuate over time.
As of September 30, 2021, we have sold $
300,427
in interests related to the DST Program.
As of September 30, 2021, the following properties are included in our DST Program:
•
The Reserve at Johns Creek,
•
Summit at San Marcos,
•
Mason Mill Distribution Center,
•
San Juan Medical Center,
•
The Penfield,
•
Milford Crossing,
•
Villas at Legacy,
•
Montecito Marketplace,
•
Whitestown Distribution Center,
•
Louisville Airport Distribution Center,
•
The Preserve at the Meadows,
•
The Rockwell and
•
9101 Stony Point Drive.
20
NOTE 8—RENTALS UNDER OPERATING LEASES
We receive rental income from operating leases. The minimum future rentals from consolidated properties based on operating leases in place at September 30, 2021 are as follows:
Year
Amount
2021
$
50,750
2022
156,142
2023
123,646
2024
103,705
2025
91,797
Thereafter
337,651
Total
$
863,691
Minimum future rentals do not include amounts payable by certain tenants based upon a percentage of their gross sales or as reimbursement of property operating expenses. During the three and nine months ended September 30, 2021, no individual tenant accounted for greater than 10% of minimum base rents.
NOTE 9—RELATED PARTY TRANSACTIONS
Pursuant to our Advisory Agreement with LaSalle, we pay a fixed advisory fee of
1.25
% of our NAV calculated daily.  The Advisory Agreement allows for a performance fee to be earned for each share class based on the total return of that share class or OP Unit during the calendar year.  The performance fee is calculated as
10
% of the return in excess of
7
% per annum.  The term of our Advisory Agreement expires June 5, 2022, subject to an unlimited number of successive one year renewals.
Fixed advisory fees for the three and nine months ended September 30, 2021 were $
7,404
and $
20,477
, respectively. The fixed advisory fees for the three and nine months ended September 30, 2020 were $
6,192
and $
19,049
, respectively. Performance fees for the three and nine months ended September 30, 2021 were $
14,142
. There were
no
performance fees for the three and nine months ended September 30, 2020. Included in Advisor fees payable at September 30, 2021 was $
2,512
of fixed advisory fee expense and $14,142 of performance fee expense. Included in Advisor fees payable for the year ended December 31, 2020 was $
2,122
of fixed advisory fee expense.
We pay Jones Lang LaSalle Americas, Inc. ("JLL Americas"), an affiliate of our Advisor, for property management, construction management, leasing, mortgage brokerage and sales brokerage services performed at various properties we own. For the three and nine months ended September 30, 2021, we paid JLL Americas $
305
and $
784
, respectively, for property management and leasing services. For the three and nine months ended September 30, 2020, we paid JLL Americas $
163
and $
565
, respectively, for property management and leasing services During the three and nine months ended September 30, 2021, we paid JLL Americas $
0
and $
371
, respectively, in mortgage brokerage fees related to the mortgage notes payable for Louisville Airport Distribution Center and Townlake of Coppell.  During the three and nine months ended September 30, 2020, we paid JLL Americas $
0
and $
75
, respectively, in sales brokerage fees.
We pay the Dealer Manager selling commissions and dealer manager fees in connection with our offerings. For the three and nine months ended September 30, 2021, we paid the Dealer Manager selling commissions and dealer manager fees totaling $
3,167
and $
8,718
, respectively. For the three and nine months ended September 30, 2020, we paid the Dealer Manager selling commissions and dealer manager fees totaling $
2,530
and $
8,708
, respectively.  A majority of the selling commissions and dealer manager fees are reallowed to participating broker-dealers.  Included in accrued offering costs, at September 30, 2021 and December 31, 2020, were $
125,123
and $
105,770
of future dealer manager fees payable, respectively.
As of September 30, 2021 and December 31, 2020, we owed $
1,551
and $
1,138
, respectively, for organization and offering costs paid by LaSalle (see
Note 6-Common Stock
). These costs are included in accrued offering costs.
LaSalle Investment Management Distributors, LLC also serves as the dealer manager for the DST Program on a "best efforts" basis. Our taxable REIT subsidiary, which is a wholly owned subsidiary of our operating partnership, will pay the Dealer Manager upfront selling commissions, upfront dealer manager fees and placement fees of up to
5.0
%,
1.0
% and
1.0
%, respectively, of the gross purchase price per unit of beneficial interest sold in the DST Program. All upfront selling commissions and upfront dealer manager fees are reallowed to participating broker-dealers.  For the three and nine months ended September 30, 2021, the taxable REIT subsidiary paid $
535
and $
3,278
, respectively, to the Dealer Manager. For the three and nine months ended September 30, 2020, the taxable REIT subsidiary paid $
662
and $
1,574
, respectively, to the Dealer Manager. In addition, the Dealer Manager may receive an ongoing investor servicing fee that is calculated daily on a
21
continuous basis from year to year equal to 1/365th of (a) 0.25% of the total equity of each outstanding unit of beneficial interest for such day, payable by the DSTs; (b) 0.85% of the NAV of each outstanding Class A OP Unit, 0.30% of the NAV of each outstanding Class M OP Unit or 0.30% of the NAV of each outstanding Class A-I OP Unit for such day issued in connection with our operating partnership's fair market value purchase option, payable by our operating partnership; and (c) 0.85% of the NAV of each outstanding Class A share, 0.30% of the NAV of each outstanding Class M share or 0.30% of the NAV of each outstanding Class A-I share for such day issued in connection with the investors' redemption right, payable by us. The investor servicing fee may continue for so long as the investor in the DST Program holds beneficial interests, Class A, Class M and Class A-I OP Units or Class A, Class M and Class A-I shares that were issued in connection with the DST Program. No investor servicing fee will be paid on Class M-I OP Units or Class M-I shares.  For the three and nine months ended September 30, 2021, the DSTs paid $
206
and $
510
in investor servicing fees to the Dealer Manager in connection with the DST Program.  For the three and nine months ended September 30, 2020, the DSTs paid $
28
and $
46
, respectively, in investor servicing fees to the Dealer Manager in connection with the DST Program.
LaSalle also serves as the manager for the DST Program. Each DST pays the manager a management fee equal to a to-be-agreed upon percentage of the total equity of such DST. For the three and nine months ended September 30, 2021, the DSTs paid $
123
and $
306
, respectively, in management fees to our Advisor in connection with the DST Program. For the three and nine months ended September 30, 2020, the DSTs paid $
20
and $
30
, respectively, in management fees to our Advisor in connection with the DST Program.
NOTE 10—
COMMITMENTS AND CONTINGENCIES
We are involved in various claims and litigation matters arising in the ordinary course of business, some of which involve claims for damages. Many of these matters are covered by insurance, although they may nevertheless be subject to deductibles or retentions. Although the ultimate liability for these matters cannot be determined, based upon information currently available, we believe the ultimate resolution of such claims and litigation will not have a material adverse effect on our financial position, results of operations or liquidity.
From time to time, we have entered into contingent agreements for the acquisition and financing of properties.  Such acquisitions and financings are subject to satisfactory completion of due diligence or meeting certain leasing or occupancy thresholds.
We are subject to fixed ground lease payments on South Beach Parking Garage of $
100
per year until September 30, 2021, which will increase every five years thereafter by the lesser of 12% or the cumulative CPI over the previous five year period.  We are also subject to a variable ground lease payment calculated as 2.5% of revenue.  The lease expires September 30, 2041 and has a ten-year renewal option.
The operating agreement for Presley Uptown allows the unrelated third party joint venture partner, owning a 2.5% interest, to put its interest to us at a market determined value starting September 30, 2022 until September 30, 2024.
The operating agreement for 237 Via Vera Cruz, 13500 Danielson Street and 4211 Starboard allows the unrelated third party joint venture partner, owning a 5% interest, to put its interest to us at a market determined value starting July 31, 2024.
NOTE 11—
SEGMENT REPORTING
We have five reportable operating segments: residential, industrial, office, retail and other properties. Consistent with how our chief operating decision makers evaluate performance and manage our properties, the financial information summarized below is presented by operating segment and reconciled to net income for the three and nine months ended September 30, 2021 and 2020.
22
Industrial
Office
Residential
Retail
Other
Total
Assets as of September 30, 2021
$
972,035
$
381,716
$
1,119,197
$
569,193
$
23,177
$
3,065,318
Assets as of December 31, 2020
659,870
277,556
788,060
577,588
22,134
2,325,208
Three Months Ended September 30, 2021
Capital expenditures by segment
$
4,118
$
718
$
1,487
$
634
$
—
$
6,957
Revenues:
Rental revenue
$
18,126
$
8,791
$
18,668
$
12,332
$
183
$
58,100
Other revenue
66
397
1,546
207
611
2,827
Total revenues
$
18,192
$
9,188
$
20,214
$
12,539
$
794
$
60,927
Operating expenses:
Real estate taxes
$
2,629
$
823
$
3,266
$
1,451
$
113
$
8,282
Property operating expenses
1,398
1,823
5,834
1,709
183
10,947
Total segment operating expenses
$
4,027
$
2,646
$
9,100
$
3,160
$
296
$
19,229
Reconciliation to net income
Property general and administrative
$
(
470
)
Advisor fees
(
21,546
)
Company level expenses
(
940
)
Depreciation and amortization
(
23,519
)
Other income and (expenses):
Interest expense
(
11,714
)
Loss from unconsolidated real estate affiliates and fund investment
(
1,270
)
Investment income on marketable securities
88
Net realized gain upon sale of marketable securities
38
Net unrealized change in fair value of investment in marketable securities
(
1,711
)
Total other income and (expenses)
$
(
14,569
)
Net loss
$
(
19,258
)
Reconciliation to total consolidated assets as of September 30, 2021
Assets per reportable segments
$
3,065,318
Investment in unconsolidated real estate affiliates, real estate fund investment and corporate level assets
674,413
Total consolidated assets
$
3,739,731
Reconciliation to total consolidated assets as of December 31, 2020
Assets per reportable segments
2,325,208
Investment in unconsolidated real estate affiliates, real estate fund investment and corporate level assets
333,391
Total consolidated assets
$
2,658,599
23
Industrial
Office
Residential
Retail
Other
Total
Three Months Ended September 30, 2020
Capital expenditures by segment
$
837
$
651
$
1,067
$
123
$
—
$
2,678
Revenues:
Rental revenue
$
12,934
$
6,931
$
15,594
$
11,436
$
75
$
46,970
Other revenue
134
326
1,030
278
299
2,067
Total revenues
$
13,068
$
7,257
$
16,624
$
11,714
$
374
$
49,037
Operating expenses:
Real estate taxes
$
2,067
$
875
$
3,012
$
1,525
$
93
$
7,572
Property operating expenses
1,062
1,635
5,225
1,879
174
9,975
Total segment operating expenses
$
3,129
$
2,510
$
8,237
$
3,404
$
267
$
17,547
Reconciliation to net income
Property general and administrative
$
(
728
)
Advisor fees
(
6,192
)
Company level expenses
(
693
)
Depreciation and amortization
(
18,830
)
Other income and (expenses):
Interest expense
(
8,391
)
Loss from unconsolidated real estate affiliates and fund investment
(
3,289
)
Total other income and (expenses)
$
(
15,160
)
Net loss
$
(
10,113
)
24
Industrial
Office
Residential
Retail
Other
Total
Nine Months Ended September 30, 2021
Capital expenditures by segment
$
12,999
$
2,055
$
4,103
$
2,110
$
16
$
21,283
Revenues:
Rental revenue
$
49,331
$
23,788
$
51,451
$
36,523
$
276
$
161,369
Other revenue
128
1,212
4,424
383
2,038
8,185
Total revenues
$
49,459
$
25,000
$
55,875
$
36,906
$
2,314
$
169,554
Operating expenses:
Real estate taxes
$
7,606
$
2,451
$
9,443
$
4,723
$
350
$
24,573
Property operating expenses
3,894
4,878
15,768
5,952
560
31,052
Total segment operating expenses
$
11,500
$
7,329
$
25,211
$
10,675
$
910
$
55,625
Reconciliation to net income
Property general and administrative
$
(
946
)
Advisor fees
(
34,620
)
Company level expenses
(
3,123
)
Depreciation and amortization
(
64,682
)
Other income and (expenses):
Interest expense
(
31,264
)
Loss from unconsolidated real estate affiliates and fund investments
(
4,021
)
Investment income on marketable securities
88
Net realized gain upon sale of marketable securities
38
Net unrealized change in fair value of investment in marketable securities
(
1,711
)
Gain on disposition of property and extinguishment of debt, net
33,422
Total other income and (expenses)
$
(
3,448
)
Net income
$
7,198
Industrial
Office
Residential
Retail
Other
Total
Nine Months Ended September 30, 2020
Capital expenditures by segment
$
1,652
$
2,112
$
2,796
$
972
$
—
$
7,532
Revenues:
Rental revenue
$
36,816
$
20,244
$
47,874
$
34,218
$
218
$
139,370
Other revenue
323
983
2,543
490
904
5,243
Total revenues
$
37,139
$
21,227
$
50,417
$
34,708
$
1,122
$
144,613
Operating expenses:
Real estate taxes
$
6,193
$
2,581
$
8,845
$
4,535
$
265
$
22,419
Property operating expenses
3,045
4,289
14,278
5,408
534
27,554
Total segment operating expenses
$
9,238
$
6,870
$
23,123
$
9,943
$
799
$
49,973
Reconciliation to net income
Property general and administrative
$
(
3,609
)
Advisor fees
(
19,049
)
Company level expenses
(
2,241
)
Depreciation and amortization
(
56,450
)
Other income and (expenses):
Interest expense
(
32,191
)
Loss from unconsolidated real estate affiliates and fund investments
(
16,186
)
Gain on disposition of property and extinguishment of debt, net
(
1,772
)
Total other income and (expenses)
$
(
50,149
)
Net loss
$
(
36,858
)
NOTE 12—
INVESTMENT IN MARKETABLE SECURITIES
The following is a summary of our investment in marketable securities held as of September 30, 2021, which consisted entirely of stock of publicly traded REITs.
September 30, 2021
Investment in marketable securities - cost
$
29,888
Unrealized gains
83
Unrealized losses
(
1,794
)
Net unrealized loss
(
1,711
)
Investment in marketable securities - fair value
$
28,177
Upon the sale of a particular security, the realized net gain or loss is computed assuming the shares purchased first are sold first. During the three months ended September 30, 2021, marketable securities sold generated proceeds of $
1,320
, resulting in realized gains of $
38
, and
no
realized losses.
25
NOTE 13—
SUBSEQUENT EVENTS
On October 7, 2021, we acquired North Tampa Surgery Center, a
13,000
square foot life sciences property located in Odessa, Florida for approximately $
8,500
. The acquisition was funded with cash on hand.
On October 20, 2021, we acquired Friendship Distribution Center, a
650,000
square foot industrial property located in Buford, Georgia for approximately $
95,000
. The acquisition was funded with cash on hand.
On October 28, 2021, we acquired South San Diego Distribution Center, a
655,000
square foot industrial property located in San Diego, California for approximately $
158,500
.  We assumed a $
72,500
mortgage note payable that bears an interest rate of
3.18
% and matures on January 31, 2031. The acquisition was funded as an UPREIT transaction in which we issued OP Units and funded with cash on hand.
On November 9, 2021, our board of directors approved a gross dividend for the third quarter of 2021 of $
0.135
per share to stockholders of record as of December 23, 2021. The dividend will be paid on or around December 30, 2021.  Class A, Class M, Class A-I, Class M-I and Class D stockholders will receive $
0.135
per share, less applicable class-specific fees, if any.
*  *  *  *  *  *
26
Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations.
$ in thousands, except per share amounts
Cautionary Note Regarding Forward-Looking Statements
This Quarterly Report on Form 10-Q ("Form 10-Q") may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), regarding, among other things, our plans, strategies and prospects, both business and financial. Forward-looking statements include, but are not limited to, statements that represent our beliefs concerning future operations, strategies, financial results or other developments. Forward-looking statements can be identified by the use of forward-looking terminology such as, but not limited to, "may," "should," "expect," "anticipate," "estimate," "would be," "believe," or "continue" or the negative or other variations of comparable terminology. Because these forward-looking statements are based on estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond our control or are subject to change, actual results could be materially different. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this Form 10-Q is filed with the SEC. Except as required by law, we do not undertake to update or revise any forward-looking statements contained in this Form 10-Q. Important factors that could cause actual results to differ materially from the forward-looking statements are disclosed in "Item 1A. Risk Factors," "Item 1. Business" and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in our 2020 Form 10-K and our periodic reports filed with the SEC.
Management Overview
The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to help the reader understand our results of operations and financial condition. This MD&A is provided as a supplement to, and should be read in conjunction with, our consolidated financial statements and the accompanying notes to the consolidated financial statements appearing elsewhere in this Form 10-Q. All references to numbered Notes are to specific notes to our consolidated financial statements beginning on page 7 of this Form 10-Q, and the descriptions referred to are incorporated into the applicable portion of this section by reference. References to "base rent" in this Form 10-Q refer to cash payments made under the relevant lease(s), excluding real estate taxes and certain property operating expenses that are paid by us and are recoverable under the relevant lease(s) and exclude adjustments for straight-line rent revenue and above- and below-market lease amortization.
The discussions surrounding our Consolidated Properties refer to our wholly or majority owned and controlled properties, including our DST Properties, which as of September 30, 2021, were comprised of:
Industrial
•
Kendall Distribution Center,
•
Norfleet Distribution Center,
•
Suwanee Distribution Center,
•
3325 Trinity Boulevard,
•
Charlotte Distribution Center,
•
DFW Distribution Center,
•
O'Hare Industrial Portfolio,
•
Tampa Distribution Center,
•
Aurora Distribution Center,
•
Valencia Industrial Portfolio,
•
Pinole Point Distribution Center,
•
Mason Mill Distribution Center,
•
Fremont Distribution Center,
•
3324 Trinity Boulevard,
•
Taunton Distribution Center,
27
•
Chandler Distribution Center,
•
Fort Worth Distribution Center (acquired in 2020),
•
Whitestown Distribution Center (acquired in 2020),
•
Louisville Distribution Center (acquired in 2021),
•
Southeast Phoenix Distribution Center (acquired in 2021),
•
Louisville Airport Distribution Center (acquired in 2021),
•
237 Via Vera Cruz (acquired in 2021),
•
4211 Starboard Drive (acquired in 2021),
•
5 National Way (acquired 2021) and
•
47 National Way (acquired in 2021).
Office
•
Monument IV at Worldgate,
•
140 Park Avenue,
•
San Juan Medical Center,
•
Genesee Plaza,
•
Fountainhead Corporate Park (acquired in 2020),
•
170 Park Avenue (acquired in 2021), and
•
9101 Stony Point Drive (acquired in 2021).
Residential
•
The Edge at Lafayette,
•
Townlake of Coppell,
•
AQ Rittenhouse,
•
Lane Parke Apartments,
•
Dylan Point Loma,
•
The Penfield,
•
180 North Jefferson,
•
Jory Trail at the Grove,
•
The Reserve at Johns Creek,
•
Villas at Legacy,
•
Stonemeadow Farms,
•
Summit at San Marcos,
•
Presley Uptown,
•
Princeton North Andover (acquired in 2021),
•
The Preserve at the Meadows (acquired in 2021),
•
The Rockwell (acquired 2021),
•
Miramont Apartments (acquired 2021), and
•
Pinecone Apartments (acquired 2021).
Retail
•
The District at Howell Mill,
•
Grand Lakes Marketplace,
•
Oak Grove Plaza,
•
Rancho Temecula Town Center,
•
Skokie Commons,
•
Whitestone Market,
28
•
Maui Mall,
•
Silverstone Marketplace,
•
Kierland Village Center,
•
Timberland Town Center,
•
Montecito Marketplace, and
•
Milford Crossing (acquired in 2020).
Other
•
South Beach Parking Garage.
Sold Properties
•
24823 Anza Drive (sold in 2020), and
•
South Seattle Distribution Center (sold in 2021).
Discussions surrounding our Unconsolidated Properties refer to the following properties as of September 30, 2021:
Property
Property Type
Chicago Parking Garage
Parking
NYC Retail Portfolio
(1)
Retail
Pioneer Tower
Office
The Tremont
Residential
The Huntington
Residential
Siena Suwanee Town Center
(2)
Residential
Single-Family Rental Portfolio
(1) (3)
Residential
________
(1)       We have elected the fair value option to account for this investment.
(2)      Investment was acquired on December 15, 2020.
(3)     Investment was acquired on August 5, 2021.
Our primary business is the ownership and management of a diversified portfolio of industrial, office, residential, retail and other properties primarily located in the United States. The residential sector includes apartment properties and single family rental homes.  It is expected that over time our real estate portfolio will be further diversified on a global basis and will be further complemented by investments in real estate-related assets.
We are managed by our Advisor, LaSalle Investment Management, Inc., a subsidiary of our Sponsor, Jones Lang LaSalle Incorporated (NYSE: JLL), a leading global financial and professional services firm that specializes in commercial real estate and investment management. We hire property management and leasing companies to provide the on-site, day-to-day management and leasing services for our properties. When selecting a property management or leasing company for one of our properties, we look for service providers that have a strong local market or industry presence, create portfolio efficiencies, have the ability to develop new business for us and will provide a strong internal control environment that will comply with our Sarbanes-Oxley Act of 2002 internal control requirements. We currently use a mix of property management and leasing service providers that include large national real estate service firms, including an affiliate of our Advisor and smaller local firms.
We seek to minimize risk and maintain stability of income and principal value through broad diversification across property sectors and geographic markets and by balancing tenant lease expirations and debt maturities across the real estate portfolio. Our diversification goals also take into account investing in sectors or regions we believe will create returns consistent with our investment objectives. Under normal conditions, we intend to pursue investments principally in well-located, well-leased properties within the industrial, office, residential, retail and other sectors. We expect to actively manage the mix of properties and markets over time in response to changing operating fundamentals within each property sector and to changing economies and real estate markets in the geographic areas considered for investment. When consistent with our investment objectives, we also seek to maximize the tax efficiency of our investments through like-kind exchanges and other tax planning strategies.
29
The following charts summarize our portfolio diversification by property sector and geographic region based upon the fair value of our properties. These tables provide examples of how our Advisor evaluates our real estate portfolio when making investment decisions.
Estimated Percent of Fair Value as of September 30, 2021:
30
Our investments are not materially impacted by seasonality, despite certain of our retail tenants being impacted by seasonality. Percentage rents (rents computed as a percentage of tenant sales) that we earn from investments in retail properties may, in the future, be impacted by seasonality.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. For example, significant estimates and assumptions have been made with respect to the useful lives of assets, recoverable amounts of receivables, fair value of derivatives and real estate assets, initial valuations and related amortization periods of deferred costs and intangibles, particularly with respect to property acquisitions. Actual results could differ from those estimates.
Critical Accounting Policies
This MD&A is based upon our consolidated financial statements, which have been prepared in accordance with GAAP. The preparation of these consolidated financial statements requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. Management bases its estimates on historical experience and assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. We believe there have been no significant changes during the nine months ended September 30, 2021 to the items that we disclosed as our critical accounting policies and estimates under "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our 2020 Form 10-K.
Initial Valuations and Estimated Useful Lives or Amortization Periods for Real Estate Investments and Intangibles
These estimates are particularly important as they are used for the allocation of purchase price between building, land and other identifiable intangibles, including above, below and at-market leases. As a result, the impact of these estimates on our operations could be substantial. Significant differences in annual depreciation or amortization expense may result from the differing useful life or amortization periods related to such purchased assets and liabilities.
Impairment of Long-Lived Assets
Our estimate of the expected future cash flows used in testing for impairment is subjective and based on, among other things, our estimates regarding future market conditions, rental rates, occupancy levels, costs of tenant improvements, leasing commissions and other tenant concessions, assumptions regarding the residual value of our properties at the end of our anticipated holding period, discount rates and the length of our anticipated holding period. These assumptions could differ materially from actual results. If changes in our strategy or the market conditions result in a reduction in the holding period and an earlier sale date, an impairment loss could be recognized and such loss could be material.  No such strategy changes or market conditions have been identified as of September 30, 2021.
Collectibility of Rental Revenue
Individual leases are evaluated for collectibility at each reporting period. We evaluate the collectibility of rents and other receivables at each reporting period based on factors including, among others, tenants' payment history, the financial condition of the tenant, business conditions and trends in the industry in which the tenant operates and economic conditions in the geographic area where the property is located. If evaluation of these factors or others indicates it is not probable we will collect substantially all rent we recognize an adjustment to rental revenue. If our judgment or estimation regarding probability of collection changes we may adjust or record additional rental revenue in the period such conclusion is reached.
31
Properties
Properties owned at September 30, 2021, including DST Properties, are as follows:
Percentage Leased as of September 30, 2021
Property Name
Location
Acquisition Date
Ownership
%
Net Rentable
Square Feet
Consolidated Properties:
Industrial Segment:
Kendall Distribution Center
Atlanta, GA
June 30, 2005
100%
409,000
100%
Norfleet Distribution Center
Kansas City, MO
February 27, 2007
100
702,000
100
Suwanee Distribution Center
Suwanee, GA
June 28, 2013
100
559,000
100
Grand Prairie Distribution Center
3325 West Trinity Boulevard
Grand Prairie, TX
January 22, 2014
100
277,000
100
3324 West Trinity Boulevard
Grand Prairie, TX
May 31, 2019
100
145,000
100
Charlotte Distribution Center
Charlotte, NC
June 27, 2014
100
347,000
100
DFW Distribution Center
4050 Corporate Drive
Grapevine, TX
April 15, 2015
100
441,000
100
4055 Corporate Drive
Grapevine, TX
April 15, 2015
100
202,000
100
O'Hare Industrial Portfolio
200 Lewis
Wood Dale, IL
September 30, 2015
100
31,000
100
1225 Michael Drive
Wood Dale, IL
September 30, 2015
100
109,000
100
1300 Michael Drive
Wood Dale, IL
September 30, 2015
100
71,000
100
1301 Mittel Drive
Wood Dale, IL
September 30, 2015
100
53,000
100
1350 Michael Drive
Wood Dale, IL
September 30, 2015
100
56,000
100
2501 Allan Drive
Elk Grove, IL
September 30, 2015
100
198,000
100
2601 Allan Drive
Elk Grove, IL
September 30, 2015
100
124,000
100
Tampa Distribution Center
Tampa, FL
April 11, 2016
100
386,000
100
Aurora Distribution Center
Aurora, IL
May 19, 2016
100
305,000
100
Valencia Industrial Portfolio:
28150 West Harrison Parkway
Valencia, CA
June 29, 2016
100
87,000
100
28145 West Harrison Parkway
Valencia, CA
June 29, 2016
100
114,000
100
28904 Paine Avenue
Valencia, CA
June 29, 2016
100
117,000
61
25045 Tibbitts Avenue
Santa Clarita, CA
June 29, 2016
100
142,000
100
Pinole Point Distribution Center:
6000 Giant Road
Richmond, CA
September 8, 2016
100
225,000
100
6015 Giant Road
Richmond, CA
September 8, 2016
100
252,000
100
6025 Giant Road
Richmond, CA
December 29, 2016
100
41,000
100
Mason Mill Distribution Center
Buford, GA
December 20, 2017
100
340,000
100
Fremont Distribution Center
45275 Northport Court
Fremont, CA
March 29, 2019
100
117,000
100
45630 Northport Loop East
Fremont, CA
March 29, 2019
100
120,000
100
Taunton Distribution Center
Taunton, MA
August 23, 2019
100
200,000
100
Chandler Distribution Center
1725 East Germann Road
Chandler, AZ
December 5, 2019
100
122,000
100
1825 East Germann Road
Chandler, AZ
December 5, 2019
100
89,000
92
Fort Worth Distribution Center
Fort Worth, TX
October 23, 2020
100
351,000
100
Whitestown Distribution Center
4993 Anson Boulevard
Whitestown, IN
December 11, 2020
100
280,000
100
5102 E 500 South
Whitestown, IN
December 11, 2020
100
440,000
100
Louisville Distribution Center
Shepherdsville, KY
January 21, 2021
100
1,040,000
100
Southeast Phoenix Distribution Center
32
Percentage Leased as of September 30, 2021
Property Name
Location
Acquisition Date
Ownership
%
Net Rentable
Square Feet
6511 West Frye Road
Chandler, AZ
February 23, 2021
100
102,000
100
6565 West Frye Road
Chandler, AZ
February 23, 2021
100
118,000
100
6615 West Frey Road
Chandler, AZ
February 23, 2021
100
136,000
100
6677 West Frye Road
Chandler, AZ
February 23, 2021
100
118,000
100
Louisville Airport Distribution Center
Louisville, KY
June 24, 2021
100
284,000
100
237 Via Vera Cruz (1)
San Marcos, CA
July 2, 2021
95
66,000
100
13500 Danielson Street (1)
Poway, CA
July 2, 2021
95
73,000
100
4211 Starboard Drive (1)
Fremont, CA
July 9, 2021
95
130,000
100
5 National Way
Durham, NC
September 28, 2021
100
188,000
100
47 National Way
Durham, NC
September 28, 2021
100
187,000
100
Office Segment:
Monument IV at Worldgate
Herndon, VA
August 27, 2004
100%
228,000
100%
140 Park Avenue
Florham Park, NJ
December 21, 2015
100
100,000
100
San Juan Medical Center
San Juan Capistrano, CA
April 1, 2016
100
40,000
97
Genesee Plaza
9333 Genesee Ave
San Diego, CA
July 2, 2019
100
80,000
89
9339 Genesee Ave
San Diego, CA
July 2, 2019
100
81,000
88
Fountainhead Corporate Park
Fountainhead Corporate Park I
Tempe, AZ
February 6, 2020
100
167,000
99
Fountainhead Corporate Park II
Tempe, AZ
February 6, 2020
100
128,000
97
170 Park Avenue
Florham Park, NJ
February 2, 2021
100
147,000
100
9101 Stony Point Drive
Richmond, VA
September 15, 2021
100
87,000
100
Residential Segment:
The Edge at Lafayette
Lafayette, LA
January 15, 2008
100%
207,000
83%
Townlake of Coppell
Coppell, TX
May 22, 2015
100
351,000
94
AQ Rittenhouse
Philadelphia, PA
July 30, 2015
100
92,000
95
Lane Parke Apartments
Mountain Brook, AL
May 26, 2016
100
263,000
95
Dylan Point Loma
San Diego, CA
August 9, 2016
100
204,000
99
The Penfield
St. Paul, MN
September 22, 2016
100
245,000
95
180 North Jefferson
Chicago, IL
December 1, 2016
100
217,000
96
Jory Trail at the Grove
Wilsonville, OR
July 14, 2017
100
315,000
95
The Reserve at Johns Creek
Johns Creek, GA
July 28, 2017
100
244,000
92
Villas at Legacy
Plano, TX
June 6, 2018
100
340,000
94
Stonemeadow Farms
Bothell, WA
May 13, 2019
100
228,000
96
Summit at San Marcos
Chandler, AZ
July 31, 2019
100
257,000
97
Presley Uptown (1)
Charlotte, NC
September 30, 2019
98
190,000
97
Princeton North Andover
North Andover, MA
May 3, 2021
100
204,000
97
The Preserve at the Meadows
Fort Collins, CO
August 23, 2021
100
208,000
95
The Rockwell
Berlin, MA
August 31, 2021
100
233,000
96
Miramont Apartments
Fort Collins, CO
September 29, 2021
100
212,000
98
Pinecone Apartments
Fort Collins, CO
September 29, 2021
100
176,000
99
Retail Segment:
The District at Howell Mill (1)
Atlanta, GA
June 15, 2007
88%
306,000
96%
Grand Lakes Marketplace (1)
Katy, TX
September 17, 2013
90
131,000
75
Oak Grove Plaza
Sachse, TX
January 17, 2014
100
120,000
94
Rancho Temecula Town Center
Temecula, CA
June 16, 2014
100
165,000
97
Skokie Commons
Skokie, IL
May 15, 2015
100
97,000
98
33
Percentage Leased as of September 30, 2021
Property Name
Location
Acquisition Date
Ownership
%
Net Rentable
Square Feet
Whitestone Market
Austin, TX
September 30, 2015
100
145,000
99
Maui Mall
Kahului, HI
December 22, 2015
100
235,000
82
Silverstone Marketplace
Scottsdale, AZ
July 27, 2016
100
78,000
93
Kierland Village Center
Scottsdale, AZ
September 30, 2016
100
118,000
95
Timberland Town Center
Beaverton, OR
September 30, 2016
100
92,000
97
Montecito Marketplace
Las Vegas, NV
August 8, 2017
100
190,000
94
Milford Crossing
Milford, MA
January 29, 2020
100
159,000
100
Other Segment:
South Beach Parking Garage (2)
Miami Beach, FL
January 28, 2014
100%
130,000
N/A
Unconsolidated Properties:
Chicago Parking Garage (3)
Chicago, IL
December 23, 2014
100%
167,000
N/A
NYC Retail Portfolio (4)
NY/NJ
December 8, 2015
14
1,938,000
89%
Pioneer Tower (5)
Portland, OR
June 28, 2016
100
296,000
71
The Tremont (1)
Burlington, MA
July 19, 2018
75
175,000
97
The Huntington (1)
Burlington, MA
July 19, 2018
75
115,000
97
Siena Suwanee Town Center
Suwanee, GA
December 15, 2020
100
226,000
94
Single-Family Rental Portfolio
Various
August 5, 2021
47
7,207,000
97
________
(1)
We own a majority interest in the joint venture that owns a fee simple interest in this property.
(2)
The parking garage contains 343 stalls.  This property is owned leasehold.
(3)
We own a condominium interest in the building that contains a 366 stall parking garage.
(4)
We own an approximate 14% interest in a portfolio of eight urban infill retail properties located in the greater New York City area.
(5)
We own a condominium interest in the building that contains a 17 story multi-tenant office property.
Operating Statistics
We generally hold investments in properties with high occupancy rates leased to quality tenants under long-term, non-cancelable leases. We believe these leases are beneficial to achieving our investment objectives. The following table shows our operating statistics by property type for our consolidated properties as of September 30, 2021:
Number of
Properties
Total Area
(Sq Ft)
% of Total
Area
Occupancy %
Average Minimum
Base Rent per
Occupied Sq Ft (1)
Industrial
42
9,894,000
58
%
99
%
5.93
Office
11
1,058,000
6
95
31.44
Residential
18
4,186,000
24
95
22.16
Retail
12
1,836,000
11
97
21.09
Other
1
130,000
1
N/A
N/A
Total
84
17,104,000
100
%
98
%
$
13.31
________
(1)
Amount calculated as in-place minimum base rent for all occupied space at September 30, 2021 and excludes any straight line rents, tenant recoveries and percentage rent revenues.
As of September 30, 2021, our average effective annual rent per square foot, calculated as average minimum base rent per occupied square foot less tenant concessions and allowances, was $12.16 for our consolidated properties.
34
Recent Events and Outlook
COVID-19 Business Outlook
The outbreak of COVID-19 was declared by the World Health Organization as a global health emergency in January 2020 and then as a pandemic in March 2020. COVID-19 has impacted global financial markets, severely restricted international trade and travel, disrupted business operations (in part or in their entirety) and negatively impacted many investment asset classes including real estate. The ongoing outbreak and corollary response could have a material adverse impact on our financial condition and results of operations. The severity of the impact brought on by these disruptions will be different across property types and markets but could have serious negative impacts on all real estate depending on the longer-term economic effects of COVID-19.
Rent Collections
Rent collections across our portfolio have continued to improve as most tenants have been able to reopen their businesses and return to normal payment patterns.  Collections have been in the upper 90 percent range, and we have received very few new requests for rent relief over the last three quarters.  Our retail tenants continue to be a slight laggard in collection of outstanding receivables as compared to the other property sectors.
Property Valuations
Property valuations across our portfolio have stabilized, and we are seeing positive valuation increases across our residential, industrial and healthcare properties driven by good underlying property fundamentals and strong capital markets.
Credit Facility
On May 24, 2021, we entered into our Credit Facility providing for a $650,000 revolving line of credit and unsecured term loan made up of a $415,000 Revolving Credit Facility and a $235,000 Term Loan. The Credit Facility provides us with the ability, from time to time, to increase the size of the Credit Facility up to a total of $800,000, subject to receipt of lender commitments and other conditions.
We are in compliance with our debt covenants as of September 30, 2021. We expect to maintain compliance with our debt covenants.
Liquidity
At September 30, 2021,
we had in excess of $179,000 in total cash on hand and $140,000 of capacity under our Credit Facility. Looking at the remainder of 2021 and into 2022, we expect to utilize our cash on hand and Credit Facility capacity to acquire new properties, fund repurchases of our shares and fund quarterly distributions.
Share Repurchase Plan
During the third quarter
of 2021, we repurchased $29,364 of our common stock pursuant to our share repurchase plan, which had a quarterly limit of $111,435.  T
he quarterly limit on repurchases is calculated as 5% of our NAV as of the last day of the previous quarter.  The limit for the fourth quarter of 2021
is $123,680.
General Company and Market Commentary
On July 6, 2018, the SEC declared our Current Public Offering effective registering up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. We intend to offer shares of our common stock on a continuous basis for an indefinite period of time by filing a new registration statement before the end of each offering period, subject to regulatory approval. The per share purchase price varies from day to day and, on each day, equals our NAV per share for each class of common stock, plus, for Class A and Class A-I shares, applicable selling commissions.  The Dealer Manager is distributing shares of our common stock in our Current Public Offering. We intend to primarily use the net proceeds from the offering, after we pay the fees and expenses attributable to the offerings and our operations, to (1) grow and further diversify our portfolio by making investments in accordance with our investment strategy and policies, (2) reduce borrowings and repay indebtedness incurred under various financing instruments and (3) fund repurchases of our shares under our share repurchase plan.
On March 3, 2015, we commenced our Private Offering of up to $350,000 in shares of our Class D common stock with an indefinite duration.  Proceeds from our Private Offering will be used for the same corporate purposes as the proceeds from our public offerings.
35
On October 16, 2019, we through our operating partnership, initiated the DST Program to raise up to $500,000, which our board of directors increased to $1,000,000 on August 10, 2021, in private placements exempt from registration under the Securities Act through the sale of beneficial interests to accredited investors in specific DSTs holding DST Properties, which may be sourced from our real properties or from third parties.
On June 4, 2021, we filed a Registration Statement on Form S-11 with the SEC for our Third Extended Public Offering to register a public offering of up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. As of November 10, 2021, the Third Extended Public Offering has not been declared effective.
Over the past nine years we have acquired 102 properties, excluding our investment in Single-Family Residential Portfolio (all of these consistent with our investment strategy), sold 38 non-strategic properties, reduced our Company leverage ratio, decreased our average interest rate on debt, and increased cash reserves and Company-wide liquidity, while also providing cash flow to our stockholders through our regular quarterly dividend payments.
Capital Raised and Use of Proceeds
As of September 30, 2021, we have raised gross proceeds of over $2,837,000 from our public and private offerings and private share sales since 2012.  We used these proceeds along with proceeds from mortgage debt to acquire approximately $3,776,000 of real estate investments, deleverage the Company by repaying mortgage loans of approximately $647,000 and repurchase shares of our common stock for approximately $880,000.
Property Acquisitions
On January 21, 2021, we acquired Louisville Distribution Center, a 1,040,000 square foot industrial property located in Shepherdsville, Kentucky for approximately $95,000. The acquisition was funded with cash on hand.
On February 2, 2021, we acquired 170 Park Ave, a 147,000 square foot life sciences property located in Florham Park, New Jersey for approximately $46,600. The acquisition was funded with cash on hand.
On February 23, 2021, we acquired Southeast Phoenix Distribution Center, a four property industrial distribution center totaling 474,000 square feet located in Chandler, Arizona for approximately $91,000. The acquisition was funded with cash on hand.
On May 3, 2021, we acquired Princeton North Andover, a newly constructed, 192-unit residential property located in North Andover, Massachusetts, for approximately $72,500. The acquisition was funded with cash on hand.
On June 24, 2021, we acquired Louisville Airport Distribution Center, a nearly 284,000 square-foot, newly constructed Class A industrial property located in the Southside/Airport industrial submarket of Louisville, Kentucky for approximately $32,100.  The acquisition was funded with cash on hand.
On July 2, 2021, we acquired a 95% interest in two industrial buildings, 237 Via Vera Cruz and 13500 Danielson Street, totaling 153,000 square feet located in San Marcos and Poway, California, respectively, for approximately $36,640. The acquisitions were funded with cash on hand.
On July 9, 2021, we acquired a 95% interest in 4211 Starboard, a 130,000 square foot industrial property located in Fremont, California for approximately $32,000 using cash on hand.
On August 5, 2021, we acquired a 47% interest in a portfolio of approximately 4,000 stabilized single family rental homes located in various markets across the United States, including Atlanta, Dallas, Phoenix, Nashville and Charlotte, among others. The Single-Family Rental Portfolio is encumbered by securitized mortgages in a net amount of $760,000 maturing in the fourth quarter of 2025 at a weighted average interest rate of 2.1%. The equity purchase price is approximately $205,000.  We funded the transaction using cash on hand and a draw on our revolving line of credit.
On August 23, 2021, we acquired The Preserve at the Meadows, a garden-style residential community in Fort Collins, Colorado. The purchase price was approximately $61,000. The acquisition was funded with cash on hand.
On August 31, 2021, we acquired The Rockwell, a garden-style residential community in Berlin, Massachusetts. The purchase price was approximately $84,000. The acquisition was funded with cash on hand.
On September 15, 2021, we acquired 9101 Stony Point Drive, an 87,000 square foot, medical office building in Richmond, Virginia. The purchase price was approximately $52,000. The acquisition was funded with cash on hand.
36
On September 28, 2021, we acquired 5 National Way and 47 National Way, a two building life sciences center totaling 375,000 square feet, located in Durham, North Carolina for approximately $66,750. The acquisitions were funded with cash on hand.
On September 29, 2021, we acquired Miramont Apartments, a 210-unit residential property located in Fort Collins, Colorado, for approximately $57,400.
On September 29, 2021, we acquired Pinecone Apartments, a 195-unit residential property located in Fort Collins, Colorado, for approximately $51,600.
Property Dispositions
On January 8, 2021, we sold South Seattle Distribution Center, a 323,000 square foot industrial property located in Seattle, Washington for approximately $72,600 less closing costs and the loan of $17,841 was retired. We recorded a gain on the sale of the property in the amount of $33,580.
Financing
On February 10, 2021, we entered into a $34,000 mortgage payable on Whitestown Distribution Center. The mortgage note bears an interest of 2.95% and matures on February 10, 2028.
On March 8, 2021, we repaid the mortgage note payable related to 140 Park Avenue in the amount of $22,800.
On March 11, 2021, we entered into a $36,030 mortgage payable on Townlake of Coppell.  The mortgage note bears an interest rate of 2.41% and matures on April 10, 2028.
On March 17, 2021, we repaid the mortgage note payable related to Monument IV in the amount of $40,000.
On April 26, 2021, we entered into a $52,250 mortgage payable on Louisville Distribution Center. The mortgage bears an interest rate of 1.76% and matures on May 1, 2026.
On May 18, 2021, we entered into a $49,000 mortgage payable on Southeast Phoenix Distribution Center. The mortgage bears an interest rate of 2.70% and matures on June 1, 2028.
On June 30, 2021, we entered into a $39,900 mortgage payable on Princeton North Andover. The mortgage bears an interest rate of libor + 1.55% (1.63% at June 30, 2021) and matures on June 1, 2028.
On September 10, 2021, we entered into a $32,492 mortgage payable on five industrial buildings. $11,880 is allocated towards the San Marcos property and $20,612 is allocated towards the Fremont property. The mortgage bears an interest rate of LIBOR + 1.40% (1.48% at September 30, 2021) and matures on September 8, 2026.
On September 23, 2021, we entered into a $32,400 mortgage payable on The Preserve at the Meadows.  The mortgage bears an interest rate of 2.57% and matures on October 1, 2031.
On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Miramont Apartments. The mortgage bears an interest rate of 3.87% for the remaining five-year term. As of September 30, 2021, the balance of the loan  was $27,752.
On September 29, 2021, we assumed a mortgage payable that was originated on May 1, 2016 on Pinecone Apartments. The mortgage bears an interest rate of 3.87% for the remaining five- year term. As of September 30, 2021, the balance of the loan  was $25,467.
On September 30, 2021, we entered into a $46,310 mortgage payable on The Rockwell. The mortgage bears an interest rate of 2.62% and matures on October 1, 2031.
Subsequent Events
On October 7, 2021, we acquired North Tampa Surgury Center, a 13,000 square foot life sciences property located in Odessa, Florida for approximately $8,500. The acquisition was funded with cash on hand.
On October 20, 2021, we acquired Friendship Distribution Center, a 650,000 square foot industrial property located in Buford, Georgia for approximately $95,000. The acquisition was funded with cash on hand.
On November 9, 2021, our board of directors approved a gross dividend for the third quarter of 2021 of $0.135 per share
37
to stockholders of record as of December 23, 2021. The dividend will be paid on or around December 30, 2021.  Class A, Class M, Class A-I, Class M-I and Class D stockholders will receive $0.135 per share, less applicable class-specific fees, if any.
Investment Objectives and Strategy
Our primary investment objectives are:
•
to generate an attractive level of current income for distribution to our stockholders;
•
to preserve and protect our stockholders' capital investments;
•
to achieve appreciation of our NAV over time; and
•
to enable stockholders to utilize real estate as an asset class in diversified, long-term investment portfolios.
We cannot ensure that we will achieve our investment objectives.  Our charter places numerous limitations on us with respect to the manner in which we may invest our funds.  In most cases, these limitations cannot be changed unless our charter is amended, which may require the approval of our stockholders.
The cornerstone of our investment strategy is to acquire and manage income-producing commercial real estate properties and real estate-related assets around the world. We believe this strategy enables us to provide our stockholders with a portfolio that is well-diversified across property type, geographic region and industry, both in the United States and internationally. It is our belief that adding international investments to our portfolio over time will serve as an effective tool to construct a well-diversified portfolio designed to provide our stockholders with stable distributions and attractive long-term risk-adjusted returns.
We believe that our broadly diversified portfolio benefits our stockholders by providing:
•
diversification of sources of income;
•
access to attractive real estate opportunities currently in the United States and, over time, around the world; and
•
exposure to a return profile that should have lower correlations with other investments.
Since real estate markets are often cyclical in nature, our strategy allows us to more effectively deploy capital into property types and geographic regions where the underlying investment fundamentals are relatively strong or strengthening and away from those property types and geographic regions where such fundamentals are relatively weak or weakening. We intend to meet our investment objectives by selecting investments across multiple property types and geographic regions to achieve portfolio stability, diversification, current income and favorable risk-adjusted returns. To a lesser degree, we also intend to invest in debt and equity interests backed principally by real estate, which we refer to collectively as "real estate-related assets."
We will leverage LaSalle's broad commercial real estate research and strategy platform and resources to employ a research-based investment philosophy focused on building a portfolio of commercial properties and real estate-related assets that we believe has the potential to provide stable income streams and outperform market averages over an extended holding period.  Furthermore, we believe that having access to LaSalle and JLL's international organization and platform, with real estate professionals living and working full time throughout our global target markets, will be a valuable resource to us when considering and executing upon international investment opportunities.
Our board of directors has adopted investment guidelines for our Advisor to implement and actively monitor in order to allow us to achieve and maintain diversification in our overall investment portfolio. Our board of directors formally reviews our investment guidelines on an annual basis and our investment portfolio on a quarterly basis or, in each case, more often as they deem appropriate. Our board of directors reviews the investment guidelines to ensure that the guidelines are being followed and are in the best interests of our stockholders.  Each such determination and the basis therefor shall be set forth in the minutes of the meetings of our board of directors.  Changes to our investment guidelines must be approved by our board of directors but do not require notice to or the vote of stockholders.
We seek to invest:
•
up to 95% of our assets in properties;
•
up to 25% of our assets in real estate-related assets; and
•
up to 15% of our assets in cash, cash equivalents and other short-term investments.
38
Notwithstanding the above, the actual percentage of our portfolio that is invested in each investment type may from time to time be outside these target levels due to numerous factors including, but not limited to, large inflows of capital over a short period of time, lack of attractive investment opportunities or increases in anticipated cash requirements for repurchase requests.
We expect to maintain a targeted Company leverage ratio (calculated as our share of total liabilities divided by our share of the fair value of total assets) of between 30% and 50%.  We intend to use low leverage, or in some cases possibly no leverage, to finance new acquisitions in order to maintain our targeted Company leverage ratio. Our Company leverage ratio was 43% as of September 30, 2021.
2021 Key Initiatives
A short-term initiative is to continue monitoring the status of COVID-19 guidance and its impact on our properties. During the remainder of 2021, we intend to use capital raised from our public and private offerings and the DST Program to acquire new investment opportunities, repurchasing stock under our share repurchase plan and fund quarterly distributions.  We look to make investments that fit with our investment objectives and guidelines.  Likely investment candidates may include well-located, well-leased residential properties, industrial properties, medical office properties, single family rentals and public REIT securities.  We will also attempt to further our geographic diversification.  We will use debt financing to take advantage of the current favorable interest rate environment, while looking to keep the Company leverage ratio in the 30% to 50% range in the near term consistent with traditional core real estate.  We also intend to use our Revolving Credit Facility to allow us to efficiently manage our cash flows.
39
Results of Operations
General
Our revenues are primarily received from tenants in the form of fixed minimum base rents and recoveries of operating expenses. Our expenses primarily relate to the costs of operating and financing the properties. Our share of the net income or net loss from our unconsolidated real estate affiliates is included in income from unconsolidated affiliates and fund investments. We believe the following analysis of reportable segments provides important information about the operating results of our real estate investments, such as trends in total revenues or operating expenses that may not be as apparent in a period-over-period comparison of the entire Company.  We group our investments in real estate assets from continuing operations into five reportable operating segments based on the type of property, which are residential, industrial, office, retail and other.  Operations from corporate level items and real estate assets sold are excluded from reportable segments.
Properties acquired or sold during any of the periods presented are presented within the recent acquisitions and sold properties line. The properties currently presented within the recent acquisitions and sold properties line include the properties listed as either acquired or sold in the Management Overview section above. Properties owned for the nine months ended September 30, 2021 and 2020 are referred to as our comparable properties.
Results of Operations for the Three Months Ended September 30, 2021 and 2020
Revenues
The following chart sets forth revenues by reportable segment for the three months ended September 30, 2021 and 2020:
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
$
Change
%
Change
Revenues:
Rental revenue
Residential
$
16,409
$
15,730
$
679
4.3
%
Industrial
12,307
12,177
130
1.1
Office
5,026
5,113
(87)
(1.7)
Retail
11,428
10,614
814
7.7
Other
183
75
108
144.0
Comparable properties total
$
45,353
$
43,709
$
1,644
3.8
%
Recent acquisitions and sold properties
12,747
3,261
9,486
290.9
Total rental revenue
$
58,100
$
46,970
$
11,130
23.7
%
Other revenue
Residential
$
837
$
1,029
$
(192)
(18.7)
%
Industrial
26
134
(108)
(80.6)
Office
240
237
3
1.3
Retail
207
278
(71)
(25.5)
Other
611
299
312
104.3
Comparable properties total
$
1,921
$
1,977
$
(56)
(2.8)
%
Recent acquisitions and sold properties
906
90
816
907
Total other revenue
$
2,827
$
2,067
$
760
36.8
%
Total revenues
$
60,927
$
49,037
$
11,890
24.2
%
Rental revenues at comparable properties increased $1,644 for the three months ended September 30, 2021 as compared to the same period in 2020.  The increase of $814 within our retail segment was primarily related to an increase in collections from tenants that experienced a decrease in operations from COVID-19 in 2020.  The increase in rental revenue from our residential segment of $679 is primarily related to higher rental rates and higher occupancy at several of the properties during the three months ended September 30, 2021 as compared to the same period of 2020.
40
Other revenues relate mainly to parking and nonrecurring revenue such as lease termination fees. Other revenue at comparable properties decreased by $56 for the three months ended September 30, 2021 as compared to the same period in 2020. The decrease is primarily related to lease termination fees collected in 2020 at Whitestone Market and several of our residential properties and miscellaneous revenues collected at Grand Prairie Distribution Center. The decrease was offset by an increase in parking revenue of $312 at our parking garage in South Beach due to the travel and shelter in place orders placed on the city of South Beach during the three months ended September 30, 2020, which greatly reduced our revenue during that period as compared to the same period of 2021.
Operating Expenses
The following chart sets forth real estate taxes and property operating expenses by reportable segment, for the three months ended September 30, 2021 and 2020:
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
$
Change
%
Change
Operating expenses:
Real estate taxes
Residential
$
3,046
$
3,013
$
33
1.1
%
Industrial
1,999
1,935
64
3.3
Office
580
642
(62)
(9.7)
Retail
1,348
1,427
(79)
(5.5)
Other
113
93
20
21.5
Comparable properties total
$
7,086
$
7,110
$
(24)
(0.3)
%
Recent acquisitions and sold properties
1,196
462
734
159
Total real estate taxes
$
8,282
$
7,572
$
710
9.4
%
Property operating expenses
Residential
$
5,332
$
5,254
$
78
1.5
%
Industrial
1,076
1,025
51
5.0
Office
1,091
1,057
34
3.2
Retail
1,639
1,800
(161)
(8.9)
Other
183
174
9
5.2
Comparable properties total
$
9,321
$
9,310
$
11
0.1
%
Recent acquisitions and sold properties
1,626
665
961
144.5
Total property operating expenses
$
10,947
$
9,975
$
972
9.7
%
Total operating expenses
$
19,229
$
17,547
$
1,682
9.6
%
Real estate taxes at comparable properties decreased by $24 for the three months ended September 30, 2021 as compared to the same period in 2020.  Our properties are reassessed periodically by the taxing authorities, which may result in increases or decreases in the real estates taxes that we owe. Overall, we expect real estate taxes to increase over time; however, we utilize real estate tax consultants to attempt to control assessment increases. The decrease in our retail segment is primarily related to a refund of $141 received at Grand Lakes Marketplace during the three months ended September 30, 2021.
Property operating expenses consist of the costs of ownership and operation of the real estate investments, many of which are recoverable under net leases.  Examples of property operating expenses include insurance, utilities and repair and maintenance expenses.  Property operating expenses at comparable properties increased $11 for the three months ended September 30, 2021 as compared to the same period in 2020. The primary decrease within our retail segment was a $181 credit received during the three months ended September 30, 2021 at the District at Howell Mill related to water leaks in past years.
41
The following chart sets forth revenues and expenses not directly related to the operations of the reportable segments for the three months ended September 30, 2021 and 2020:
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
$
Change
%
Change
Property general and administrative
$
470
$
728
$
(258)
(35.4)
%
Advisor fees
21,546
6,192
15,354
248.0
Company level expenses
940
693
247
35.6
Depreciation and amortization
23,519
18,830
4,689
24.9
Interest expense
11,714
8,391
3,323
39.6
Loss from unconsolidated affiliates and fund investments
1,270
3,289
(2,019)
(61.4)
Investment income on marketable securities
88
—
88
100.0
Net realized gain upon sale of marketable securities
(38)
—
(38)
100.0
Net unrealized change in fair value of investment in marketable securities
1,711
—
1,711
100.0
Loss on disposition of property and extinguishment of debt, net
—
3,480
(3,480)
(100.0)
Total revenues and expenses
$
61,220
$
41,603
$
19,617
47.2
%
Property general and administrative expenses relate mainly to property expenses unrelated to the operations of the property. Property general and administrative expenses decreased during the three months ended September 30, 2021 as compared to the same period in 2020 primarily due to lower professional fees and certain state and local taxes.
Advisor fees relate to the fixed advisory and performance fees earned by the Advisor. Fixed fees increase or decrease based on changes in our NAV, which is primarily impacted by changes in capital raised and the value of our properties. The performance fee is accrued when the total return per share for a share class exceeds 7% for that calendar year, and in such years our Advisor will receive 10% of the excess total return above the 7% threshold.  The increase in advisor fees of $15,354 for the three months ended September 30, 2021 as compared to the same period in 2020 is primarily related to the accrual of a performance fee in the amount of $14,142.
Company level expenses relate mainly to our compliance and administration related costs.  The increase of $247 in company level expenses for the three months ended September 30, 2021 is primarily related to an increase in professional fees as well as the increase in size of our portfolio.
Depreciation and amortization expense is impacted by the values assigned to buildings, personal property and in-place lease assets as part of the initial purchase price allocation. The increase of $4,689 in depreciation and amortization expense for the three months ended September 30, 2021 as compared to the same period in 2020 was primarily related to the acquisition of new properties.
Interest expense increased by $3,323 for the three months ended September 30, 2021 as compared to the same period in 2020 primarily as a result of a $1,414 of increased interest expense from new mortgage notes payable placed on several properties and increased usage of our Credit Facility in 2020 and 2021 as well as $1,790 increased interest expense on the financial obligations related to the DST Program.
Loss from unconsolidated affiliates and fund investments relates to the income from Chicago Parking Garage, Pioneer Tower, The Tremont, The Huntington and Siena Suwanee Town Center as well as changes in fair value and operating distributions received from our investment in the NYC Retail Portfolio and Single-Family Rental Portfolio. During the three months ended September 30, 2021, we recorded a $2,813 decrease in the fair value of our investment in the NYC Retail Portfolio as compared to an $2,648 decrease in the fair value during the same period of 2020.
Investment income on marketable securities relate to dividends earned on our portfolio of publicly traded REIT securities.  We made our initial purchase of marketable securities during the three months ended September 30, 2021.
Net realized gain upon the sale of marketable securities relate to sales of individual stocks within our portfolio of public REIT stocks.  We made our initial purchase of marketable securities during the three months ended September 30, 2021.
Net unrealized change in fair value of investment in marketable securities relate to changes in fair value of our portfolio of public REIT securities.  We made our initial purchase of marketable securities during the three months ended September 30, 2021.
42
Loss on disposition of property and extinguishment of debt, net decreased due to a $3,480 loss on early payoff of the mortgage notes payable related to The Penfield, of which $2,022 related to the write-off of assumed debt discount value, which occurred during the three months ended September 30, 2020.
Results of Operations for the Nine Months Ended September 30, 2021 and 2020
Revenues
The following chart sets forth revenues by reportable segment, for the nine months ended September 30, 2021 and 2020:
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
$
Change
%
Change
Revenues:
Rental revenue
Residential
$
48,342
$
48,212
$
130
0.3
%
Industrial
37,114
34,336
2,778
8.1
Office
14,992
15,394
(402)
(2.6)
Retail
33,719
31,965
1,754
5.5
Other
276
218
58
26.6
Comparable properties total
$
134,443
$
130,125
$
4,318
3.3
%
Recent acquisitions and sold properties
26,926
9,245
17,681
191.2
Total rental revenue
$
161,369
$
139,370
$
21,999
15.8
%
Other revenue
Residential
$
2,559
$
2,543
$
16
0.6
%
Industrial
61
268
(207)
(77.2)
Office
714
647
67
10.4
Retail
383
449
(66)
(14.7)
Other
2,038
904
1,134
125.4
Comparable properties total
$
5,755
$
4,811
$
944
19.6
%
Recent acquisitions and sold properties
2,430
432
1,998
462.5
Total other revenue
$
8,185
$
5,243
$
2,942
56.1
%
Total revenues
$
169,554
$
144,613
$
24,941
17.2
%
Rental revenue at comparable properties increased by $4,318 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase in rental revenue from our industrial properties is primarily related to $1,652 of increased rent collections at Norfleet Distribution Center and $693 at Taunton Distribution Center due to higher occupancy during the nine months ended September 30, 2021 as compared to the same period of 2020. The increase of $1,754 within our retail segment was primarily related to an increase in collections from tenants that experienced a decrease in operations from COVID-19 in 2020.
Other revenues relate mainly to parking and nonrecurring revenue such as lease termination fees. Other revenue at comparable properties increased by $944 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase is primarily related to $1,134 of higher parking revenue at our parking garage in South Beach primarily due to the travel and shelter in place orders placed on the city of South Beach during the six months ended June 30, 2020, which greatly reduced our revenue during that period.
43
Operating Expenses
The following chart sets forth real estate taxes, property operating expenses and provisions for doubtful accounts by reportable segment, for the nine months ended September 30, 2021 and 2020:
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
$
Change
%
Change
Operating expenses:
Real estate taxes
Residential
$
9,127
$
8,846
$
281
3.2
%
Industrial
6,094
5,799
295
5.1
Office
1,781
1,962
(181)
(9.2)
Retail
4,405
4,272
133
3.1
Other
350
265
85
32.1
Comparable properties total
$
21,757
$
21,144
$
613
2.9
%
Recent acquisitions and sold properties
2,816
1,277
1,539
120.5
Total real estate taxes
$
24,573
$
22,421
$
2,152
9.6
%
Property operating expenses
Residential
$
15,119
$
14,614
$
505
3.5
%
Industrial
3,191
2,937
254
8.6
Office
3,046
2,909
137
4.7
Retail
5,682
5,210
472
9.1
Other
560
534
26
4.9
Comparable properties total
$
27,598
$
26,204
$
1,394
5.3
%
Recent acquisitions and sold properties
3,454
1,350
2,104
155.9
Total property operating expenses
$
31,052
$
27,554
$
3,498
12.7
%
Total operating expenses
$
55,625
$
49,975
$
5,650
11.3
%
Real estate taxes at comparable properties increased by $613 for the nine months ended September 30, 2021 as compared to the same period in 2020. Our properties are reassessed periodically by the taxing authorities, which may result in increases or decreases in the real estates taxes that we owe. Overall, we expect real estate taxes to increase over time; however, we utilize real estate tax consultants to attempt to control assessment increases.
Property operating expenses consist of the costs of ownership and operation of the real estate investments, many of which are recoverable under net leases. Examples of property operating expenses include insurance, utilities and repair and maintenance expenses. Property operating expenses at comparable properties were in line with the prior year. The primary increase that occurred within our retail segment was related to increases in utilities and repairs and maintenance during the nine months ended September 30, 2021 as compared to the same period in 2020.  The increases occurring within our residential segment during the nine months ended September 30, 2021 as compared to the same period in 2020 were related to turnover costs, repairs and maintenance and utilities.
44
The following chart sets forth revenues and expenses not directly related to the operations of the reportable segments for the nine months ended September 30, 2021 and 2020
:
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
$
Change
%
Change
Property general and administrative
$
946
$
3,609
$
(2,663)
(73.8)
%
Advisor fees
34,620
19,049
15,571
81.7
Company level expenses
3,123
2,241
882
39.4
Depreciation and amortization
64,682
56,450
8,232
14.6
Interest expense
31,264
32,191
(927)
(2.9)
Loss from unconsolidated affiliates and fund investments
4,021
16,186
(12,165)
(75.2)
Investment income on marketable securities
88
—
88
100.0
Net realized gain upon sale of marketable securities
(38)
—
(38)
100.0
Net unrealized change in fair value of investment in marketable securities
1,711
—
1,711
100.0
Gain on disposition of property and extinguishment of debt, net
(33,422)
1,772
(35,194)
(1,986)
Total expenses (income)
$
106,995
$
131,498
$
(24,503)
(18.6)
%
Property general and administrative expenses relate mainly to property expenses unrelated to the operations of the property. Property general and administrative expenses decreased for the nine months ended September 30, 2021 as compared to the same period in 2020 due to expenses incurred for unsuccessful acquisitions in 2020 and a partial recovery of a deposit for an unsuccessful acquisition received in 2021.
Advisor fees relate to the fixed advisory and performance fees earned by the Advisor. Fixed fees increase or decrease based on changes in our NAV, which will be primarily impacted by changes in capital raised and the value of our properties.  The performance fee is accrued when the total return per share for a share class exceeds 7% for that calendar year, where in our Advisor will receive 10% of the excess total return above the 7% threshold.  The increase in advisor fees of $15,571 for the nine months ended September 30, 2021 as compared to the same period of 2020 is primarily related to the accrual of a performance fee in the amount of $14,142.
Company level expenses relate mainly to our compliance and administration related costs. Company level expenses increased $882 for the nine months ended September 30, 2021 as compared to the same period in 2020 primarily related to increase in professional service fees as well as the increase in size of our portfolio.
Depreciation and amortization expense is impacted by the values assigned to buildings, personal property and in-place lease assets as part of the initial purchase price allocation. Depreciation and amortization expense for the nine months ended September 30, 2021 as compared to the same period in 2020 increased as additional expense from acquisitions offset lower expenses from property dispositions.
Interest expense decreased by $927 for the nine months ended September 30, 2021 as compared to the same period in 2020 as a result of unrealized gains on our interest rate swaps in 2021 as opposed to unrealized losses in 2020.  This decrease is offset by an increase in interest expense from new mortgage notes payable placed on several assets and increased usage on our Credit Facility in 2020 and 2021 and increased interest expense of $4,846 on the financial obligations related to the DST Program.
Loss from unconsolidated affiliates and fund investments relates to the income from Chicago Parking Garage, Pioneer Tower, The Tremont and The Huntington as well as changes in fair value and operating distributions received from our investment in the NYC Retail Portfolio. During the nine months ended September 30, 2021, we recorded a $2,849 decrease in the fair value in the NYC Retail Portfolio as compared to a $14,737 decrease in the fair value during the same period of 2020.
Investment income on marketable securities relate to dividends earned on our portfolio of public REIT securities.  We made our initial purchase of marketable securities during the nine months ended September 30, 2021.
Net realized gain upon the sale of marketable securities relate to sales of individual stocks within our portfolio of public REIT stocks.  We made our initial purchase of marketable securities during the nine months ended September 30, 2021.
Net unrealized change in fair value of investment in marketable securities relate to changes in fair value of our portfolio of public REIT securities.  We made our initial purchase of marketable securities during the nine months ended September
45
30, 2021.
Gain on disposition of property and extinguishment of debt, net increased due to a $33,580 gain on the sale of South Seattle Distribution Center, which occurred during the nine months ended September 30, 2021.
46
Funds From Operations
Consistent with real estate industry and investment community preferences, we consider funds from operations ("FFO") as a supplemental measure of the operating performance for a real estate investment trust and a complement to GAAP measures because it facilitates an understanding of the operating performance of our properties. The National Association of Real Estate Investment Trusts ("NAREIT") defines FFO as net income (loss) attributable to the Company (computed in accordance with GAAP), excluding gains or losses from cumulative effects of accounting changes, extraordinary items, impairment write-downs of depreciable real estate and sales of properties, plus real estate related depreciation and amortization and after adjustments for these items related to noncontrolling interests and unconsolidated affiliates.
FFO does not give effect to real estate depreciation and amortization because these amounts are computed to allocate the cost of a property over its useful life.   We also use Adjusted FFO ("AFFO") as a supplemental measure of operating performance.  We define AFFO as FFO adjusted for straight-line rental income, amortization of above- and below-market leases, amortization of net discount on assumed debt, gains or losses on the extinguishment and modification of debt, performance fees based on the investment returns on shares of our common stock and acquisition expenses. Because values for well-maintained real estate assets have historically increased or decreased based upon prevailing market conditions, we believe that FFO and AFFO provide investors with an additional view of our operating performance.
In order to provide a better understanding of the relationship between FFO, AFFO and GAAP net income, the most directly comparable GAAP financial reporting measure, we have provided reconciliations of GAAP net income attributable to Jones Lang LaSalle Income Property Trust, Inc. to FFO, and FFO to AFFO. FFO and AFFO do not represent cash flow from operating activities in accordance with GAAP, should not be considered alternatives to GAAP net income and are not measures of liquidity or indicators of the Company's ability to make cash distributions. We believe that to more comprehensively understand our operating performance, FFO and AFFO should be considered along with the reported net income attributable to Jones Lang LaSalle Income Property Trust, Inc. and our cash flows in accordance with GAAP, as presented in our consolidated financial statements.  Our presentations of FFO and AFFO are not necessarily comparable to the similarly titled measures of other REITs due to the fact that not all REITs use the same definitions.
The following table presents a reconciliation of the most comparable GAAP amount of net income attributable to Jones Lang LaSalle Income Property Trust, Inc. to NAREIT FFO for the periods presented:
Reconciliation of GAAP net (loss) income to NAREIT FFO
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
Net (loss) income attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders
(1)
$
(19,252)
$
(10,122)
$
7,076
$
(36,875)
Real estate depreciation and amortization
(1)
26,337
21,122
74,608
63,211
Loss (gain) on disposition of property and unrealized gain on investment in unconsolidated real estate affiliate
(1)
2,795
2,648
(30,512)
13,090
NAREIT FFO attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders
$
9,880
$
13,648
$
51,172
$
39,426
Weighted average shares outstanding, basic and diluted
189,887,181
169,289,415
181,981,691
170,707,171
NAREIT FFO per share, basic and diluted
$
0.05
$
0.08
$
0.28
$
0.23
________
(1)    Excludes amounts attributable to noncontrolling interests and includes our ownership share of both consolidated properties and unconsolidated real estate affiliates.
47
We believe AFFO is useful to investors because it provides supplemental information regarding the performance of our portfolio over time.
The following table presents a reconciliation of NAREIT FFO to AFFO for the periods presented:
Reconciliation of NAREIT FFO to AFFO
Three Months Ended September 30, 2021
Three Months Ended September 30, 2020
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
NAREIT FFO attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders
$
9,880
$
13,648
$
51,172
$
39,426
Straight-line rental income
(1)
(1,576)
(748)
(3,205)
(919)
Amortization of above- and below-market leases
(1)
(812)
(674)
(2,392)
(2,032)
Amortization of net discount on assumed debt
(1)
(58)
(27)
(175)
(81)
(Gain) loss on derivative instruments and extinguishment or modification of debt
(1)
(812)
2,516
(2,428)
8,820
Adjustment for investments accounted for under the fair value option
(2)
872
153
1,571
1,528
Net unrealized change in fair value of investment in marketable securities
(1)
1,699
—
1,699
—
Performance fees
(1)
14,050
—
14,050
—
Acquisition expenses
(1)
17
33
(582)
2,114
Adjustment for DST Program properties
(3)
(2,051)
(281)
(5,185)
(463)
AFFO attributable to Jones Lang LaSalle Income Property Trust, Inc. Common Stockholders
$
21,209
$
14,620
$
54,525
$
48,393
Weighted average shares outstanding, basic and diluted
189,887,181
169,289,415
181,981,691
170,707,171
AFFO per share, basic and diluted
$
0.11
$
0.09
$
0.30
$
0.28
________
(1)    Excludes amounts attributable to noncontrolling interests and includes our ownership share of both consolidated properties and unconsolidated real estate affiliates.
(2)    Represents the normal and recurring AFFO reconciling adjustments for the NYC Retail Portfolio and Single-Family Rental Portfolio.
(3)    Adjustments to reflect the AFFO attributable to the Company for DST Program properties.  Prior periods adjusted to conform to current period presentation.
48
NAV as of September 30, 2021
The following table provides a breakdown of the major components of our NAV as of September 30, 2021:
September 30, 2021
Component of NAV
Class A Shares
Class M Shares
Class A-I Shares
Class M-I Shares
Class D Shares
Total
Real estate investments
(1)
$
2,008,748
$
744,744
$
190,322
$
969,207
$
157,250
$
4,070,271
Debt
(910,905)
(337,718)
(86,305)
(439,505)
(71,308)
(1,845,741)
Other assets and liabilities, net
122,918
45,572
11,646
59,307
9,623
249,066
Estimated enterprise value premium
None assumed
None assumed
None assumed
None assumed
None assumed
None assumed
NAV
$
1,220,761
$
452,598
$
115,663
$
589,009
$
95,565
$
2,473,596
Number of outstanding shares
96,013,268
35,541,455
9,074,648
46,244,259
7,513,281
NAV per share
$
12.71
$
12.73
$
12.75
$
12.74
$
12.72
________
(1)
The value of our real estate investments was greater than the historical cost by 4.3% as of September 30, 2021.
The following table provides a breakdown of the major components of our NAV as of December 31, 2020:
December 31, 2020
Component of NAV
Class A Shares
Class M Shares
Class A-I Shares
Class M-I Shares
Class D Shares
Total
Real estate investments
(1)
$
1,464,376
$
582,651
$
157,468
$
544,201
$
81,029
$
2,829,725
Debt
(472,476)
(187,990)
(50,807)
(175,584)
(26,144)
(913,001)
Other assets and liabilities, net
48,023
19,107
5,165
17,846
2,658
92,799
Estimated enterprise value premium
None assumed
None assumed
None assumed
None
assumed
None assumed
None assumed
NAV
$
1,039,923
$
413,768
$
111,826
$
386,463
$
57,543
$
2,009,523
Number of outstanding shares
89,671,096
35,612,156
9,616,299
33,247,001
4,957,915
NAV per share
$
11.60
$
11.62
$
11.63
$
11.62
$
11.61
________
(1)
The value of our real estate investments was greater than the historical cost by 2.6% as of December 31, 2020.
The increase in NAV per share from December 31, 2020 to September 30, 2021, was related to a net increase of 6.7% in the value of our portfolio.  Property operations for the nine months ended September 30, 2021 had an insignificant impact on NAV as dividends declared offset property operations for the period.  Our NAV for the different share classes is reduced by normal and recurring class-specific fees and offering and organization costs.
The following are key assumptions (shown on a weighted-average basis) that are used in the discounted cash flow models to estimate the value of our real estate investments as of September 30, 2021:
Industrial
Office
Residential
Retail
Other
(1)
Total
Company
Exit capitalization rate
4.79
%
5.59
%
4.78
%
5.50
%
6.25
%
5.08
%
Discount rate/internal rate of return (IRR)
5.66
6.38
6.07
6.39
7.80
6.07
Annual market rent growth rate
3.16
2.81
3.14
2.65
3.07
2.99
Holding period (years)
10.00
10.00
10.00
10.00
21.98
10.10
________
(1)    Other includes two standalone parking garages.  South Beach Parking Garage is subject to a ground lease and the appraisal incorporates discounted cash flows over its remaining lease term and therefore does not utilize an exit capitalization rate.
49
The following are key assumptions (shown on a weighted-average basis) that are used in the discounted cash flow models to estimate the value of our real estate investments as of December 31, 2020:
Industrial
Office
Residential
Retail
Other
(1)
Total
Company
Exit capitalization rate
5.44
%
5.72
%
5.09
%
5.56
%
6.25
%
5.43
%
Discount rate/internal rate of return (IRR)
6.00
6.50
6.35
6.38
7.78
6.30
Annual market rent growth rate
2.96
2.80
3.03
2.50
3.13
2.83
Holding period (years)
10.00
10.00
10.00
10.00
21.81
10.15
________
(1)    Other includes Chicago and South Beach parking garages.  South Beach Parking Garage is subject to a ground lease, the appraisal incorporates discounted cash flows over its remaining lease term and therefore does not utilize an exit capitalization rate.
While we believe our assumptions are reasonable, a change in these assumptions would impact the calculation of the value of our real estate investments. For example, assuming all other factors remain unchanged, the changes listed below would result in the following effects on our real estate investment value:
Input
September 30, 2021
December 31, 2020
Discount Rate - weighted average
0.25% increase
(2.0)
%
(2.0)
%
Exit Capitalization Rate - weighted average
0.25% increase
(3.1)
%
(2.9)
Annual market rent growth rate - weighted average
0.25% decrease
(1.6)
%
(1.5)
The fair value of our mortgage notes and other debt payable was estimated to be approximately $27,738 and $43,959 higher than the carrying values at September 30, 2021 and December 31, 2020, respectively. The NAV per share would have decreased by $0.09 and $0.26 per share at September 30, 2021 and December 31, 2020, respectively, if we were to have included the fair value of our mortgage notes and other debt payable in our methodology to determine NAV.
The selling commission and dealer manager fee are offering costs and are recorded as a reduction of capital in excess of par value.  Selling commissions are paid on the date of sale of our common stock.  We accrue all future dealer manager fees up to the ten percent regulatory limit on the date of sale of our common stock.  For NAV calculation purposes, dealer manger fees are accrued daily, on a continuous basis equal to 1/365th of the stated fee.  Dealer manager fees payable are included in accrued offering costs on our Consolidated Balance Sheets.  Dealer manager fees payable as of September 30, 2021 and December 31, 2020 were $125,123 and $105,770, respectively.
50
The following table reconciles stockholders' equity per our Consolidated Balance Sheet to our NAV:
September 30, 2021
Stockholders' equity under GAAP
$
1,593,381
Adjustments:
Accrued dealer manager fees
(1)
122,546
Organization and offering costs
(2)
516
Unrealized real estate appreciation
(3)
388,436
Accumulated depreciation, amortization and other
(4)
368,717
NAV
$
2,473,596
________
(1)    Accrued dealer manager fees represents the accrual for future dealer manager fees for Class A, Class M and Class A-I shares. We accrue all future dealer manager fees up to the ten percent regulatory limit on the date of sale of our common stock as an offering cost.  For NAV calculation purposes, dealer manger fees are accrued daily, on a continuous basis equal to 1/365th of the stated fee.
(2)    The Advisor advanced organization and offering costs on our behalf through September 30, 2021. Such costs are reimbursed to the Advisor ratably over 36 months. Under GAAP, organization costs are expensed as incurred and offering costs are charged to equity as such amounts are incurred. For NAV, such costs are recognized as a reduction to NAV ratably over 36 months.
(3)    Our investments in real estate are presented under historical cost in our GAAP Consolidated Financial Statements. As such, any increases in the fair market value of our investments in real estate are not included in our GAAP results. For purposes of determining our NAV, our investments in real estate are recorded at fair value.
(4)    We depreciate our investments in real estate and amortize certain other assets and liabilities in accordance with GAAP. Such depreciation and amortization is not recorded for purposes of determining our NAV.  Additionally, we make other fair value adjustments to our NAV to account for differences with historical cost GAAP; an example would be straight-line rent revenue.
Limitations and Risks
As with any valuation methodology, our methodology is based upon a number of estimates and assumptions that may not be accurate or complete.  Our valuation methodology may not result in the determination of the fair value of our net assets as our mortgage notes and other debt payable are valued at cost.  Different parties with different assumptions and estimates could derive a different NAV per share. Accordingly, with respect to our NAV per share, we can provide no assurance that:
•
a stockholder would be able to realize this NAV per share upon attempting to resell his or her shares;
•
we would be able to achieve for our stockholders the NAV per share upon a listing of our shares of common stock on a national securities exchange, selling our real estate portfolio or merging with another company; or
•
the NAV per share, or the methodologies relied upon to estimate the NAV per share, will be found by any regulatory authority to comply with any regulatory requirements.
Furthermore, the NAV per share was calculated as of a particular point in time. The NAV per share will fluctuate over time in response to, among other things, changes in real estate market fundamentals, capital markets activities and attributes specific to the properties and leases within our portfolio.
51
Liquidity and Capital Resources
Our primary uses and sources of cash are as follows:
Uses
Sources
Short-term liquidity and capital needs such as:
•
Operating cash flow, including the receipt of distributions of our share of cash flow produced by our unconsolidated real estate affiliates and fund investment
•
Interest payments on debt
•
Distributions to stockholders
•
Proceeds from secured loans collateralized by individual properties
•
Fees payable to our Advisor
•
Minor improvements made to individual properties that are not recoverable through expense recoveries or common area maintenance charges to tenants
•
Proceeds from our Revolving Credit Facility
•
Sales of our shares
•
General and administrative costs
•
Sales of real estate investments
•
Costs associated with capital raising in our continuous public offering, private offering and DST Program
•
Proceeds from our private offering
•
Other Company level expenses
•
Draws from lender escrow accounts
•
Lender escrow accounts for real estate taxes, insurance, and capital expenditures
•
Sales of beneficial interests in the DST Program
•
Fees payable to our Dealer Manager
Longer-term liquidity and capital needs such as:
•
Acquisitions of new real estate investments
•
Expansion of existing properties
•
Tenant improvements and leasing commissions
•
Debt repayment requirements, including both principal and interest
•
Repurchases of our shares pursuant to our share repurchase plan
•
Fees payable to our Advisor
•
Fees payable to our Dealer Manager
The sources and uses of cash for the nine months ended September 30, 2021 and 2020 were as follows:
Nine Months Ended September 30, 2021
Nine Months Ended September 30, 2020
$ Change
Net cash provided by operating activities
$
64,492
$
51,558
$
12,934
Net cash used in investing activities
(915,027)
(107,692)
(807,335)
Net cash provided by financing activities
978,168
30,157
948,011
Net cash provided by operating activities increased by $12,934 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase in cash from operating activities is primarily due to new acquisitions as well as increased rent collections from several tenants primarily in our retail segment.
Net cash used in investing activities increased by $807,335 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The increase was primarily related to increased acquisitions made during the nine months ended September 30, 2021 as compared to the same period in 2020, offset partially by the cash received from the sale of South Seattle Distribution Center in the first quarter of 2021.
Net cash provided by financing activities increased by $948,011 for the nine months ended September 30, 2021 as compared to the same period in 2020.  The change is primarily related to a $599,923 net proceeds from mortgage note payables and net draws on our Credit Facility in addition to a $236,568 increase in stock issuance during the nine months ended September 30, 2021 as compared to the same period in 2020. Additionally, less cash was used for repurchases of common stock during the nine months ended September 30, 2021 as compared to the same period in 2020.
52
Financing
We have relied primarily on fixed-rate financing, locking in what were favorable spreads between real estate income yields and mortgage interest rates and have tried to maintain a balanced schedule of debt maturities. We also use interest rate derivatives to manage our exposure to interest rate movements on our variable rate debt. The following consolidated debt table provides information on the outstanding principal balances and the weighted average interest rates at September 30, 2021 and December 31, 2020:
Consolidated Debt
September 30, 2021
December 31, 2020
Principal
Balance
Weighted Average Interest Rate
Principal
Balance
Weighted Average Interest Rate
Fixed
$
1,242,624
3.32
%
$
871,043
3.53
%
Variable
347,392
1.70
—
—
Total
$
1,590,016
2.96
%
$
871,043
3.53
%
Covenants
At September 30, 2021, we were in compliance with all debt covenants.
Other Sources
On July 6, 2018, our Current Public Offering registration statement was declared effective with the SEC (Commission File No. 333-222533) to register up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. We intend to offer shares of our common stock on a continuous basis for an indefinite period of time by filing a new registration statement before the end of each three-year offering period, subject to regulatory approval. We intend to use the net proceeds from the Current Public Offering, which are not used to pay the fees and other expenses attributable to our operations, to (1) grow and further diversify our portfolio by making investments in accordance with our investment strategy and policies, (2) repay indebtedness incurred under various financing instruments and (3) fund repurchases under our share repurchase plan.
On March 3, 2015, we commenced the Private Offering of up to $350,000 in shares of our Class D common stock with an indefinite duration. Proceeds from our Private Offering will be used for the same corporate purposes as the proceeds of our public offerings.  We will reserve the right to terminate the Private Offering at any time and to extend the Private Offering term to the extent permissible under applicable law.
On October 16, 2019, we through our operating partnership, initiated the DST Program to raise up to $500,000, which our board of directors increased to $1,000,000 on August 10, 2021, in private placements exempt from registration under the Securities Act, as amended, through the sale of beneficial interests to accredited investors in specific DSTs holding real properties, which may be sourced from our real properties or from third parties.
On June 4, 2021, we filed a Registration Statement on Form S-11 with the SEC (Commission File No. 333-256823) to register our Third Extended Public Offering of up to $3,000,000 in any combination of shares of our Class A, Class M, Class A-I and Class M-I common stock, consisting of up to $2,700,000 of shares offered in our primary offering and up to $300,000 in shares offered pursuant to our distribution reinvestment plan. As of November 10, 2021, the Third Extended Public Offering has not been declared effective. Proceeds from our Third Extended Public Offering will be used for the same corporate purposes as the proceeds of the Current Public Offering.
Contractual Cash Obligations and Commitments
From time to time, we enter into contingent agreements for the acquisition and financing of properties.  Such acquisitions and financings are subject to satisfactory completion of due diligence or meeting certain leasing or occupancy thresholds.
We are subject to fixed ground lease payments on South Beach Parking Garage of $100 per year until September 30, 2021 and these payments will increase every five years thereafter by the lesser of 12% or the cumulative CPI over the previous five year period. We are also subject to a variable ground lease payment calculated as 2.5% of revenue. The lease expires September 30, 2041 and has a ten-year renewal option.
The operating agreement for Presley Uptown allows the unrelated third party joint venture partner, owning a 2.5% interest, to put its interest to us at a market determined value starting September 30, 2022 until September 30, 2024.
53
The operating agreement for 237 Via Vera Cruz, 13500 Danielson Street and 4211 Starboard allows the unrelated third party joint venture partner, owning a 5% interest, to put its interest to us at a market determined value starting July 31, 2024.
Off Balance Sheet Arrangements
At September 30, 2021, we had approximately $110 in an outstanding letter of credit that is not reflected on our balance sheet.  We have no other off balance sheet arrangements.
Distributions to Stockholders
To remain qualified as a REIT for federal income tax purposes, we must distribute or pay tax on 100% of our capital gains and distribute at least 90% of ordinary taxable income to stockholders.
The following factors, among others, will affect operating cash flow and, accordingly, influence the decisions of our board of directors regarding distributions:
•
scheduled increases in base rents of existing leases;
•
changes in minimum base rents and/or overage rents attributable to replacement of existing leases with new or renewal leases;
•
changes in occupancy rates at existing properties and procurement of leases for newly acquired or developed properties;
•
necessary capital improvement expenditures or debt repayments at existing properties;
•
ability of our tenants to pay rent as a result of the impact of COVID-19 on their financial condition; and
•
our share of distributions of operating cash flow generated by the unconsolidated real estate affiliates, less management costs and debt service on additional loans that have been or will be incurred.
We anticipate that operating cash flow, cash on hand, proceeds from dispositions of real estate investments or refinancings will provide adequate liquidity to conduct our operations, fund general and administrative expenses, fund operating costs and interest payments and allow distributions to our stockholders in accordance with the REIT qualification requirements of the Internal Revenue Code of 1986, as amended.
Item 3.
Quantitative and Qualitative Disclosures About Market Risk.
We are subject to market risk associated with changes in interest rates in terms of our variable-rate debt and the price of new fixed-rate debt for refinancing of existing debt. We manage our interest rate risk exposure by obtaining fixed-rate loans where possible as well as by entering into interest rate cap and swap agreements. As of September 30, 2021, we had consolidated debt of $1,589,935. Including the $5,009 net debt discount on assumed debt and debt issuance costs, we have consolidated debt of $1,584,926 at September 30, 2021. We also entered into interest rate swap agreements on $190,000 of debt, which cap the LIBOR rate at between 1.4% and 2.6%. A 0.25% movement in the interest rate on the $347,392 of variable-rate debt would have resulted in a $868 annualized increase or decrease in consolidated interest expense and cash flow from operating activities.
We are subject to interest rate risk with respect to our fixed-rate financing in that changes in interest rates will impact the fair value of our fixed-rate financing. To determine fair market value, the fixed-rate debt is discounted at a rate based on an estimate of current lending rates, assuming the debt is outstanding through maturity and considering the collateral. At September 30, 2021, the fair value of our consolidated debt was estimated to be $27,738 higher than the carrying value of $1,589,935 If treasury rates were 0.25% higher at September 30, 2021, the fair value of our consolidated debt would have been $9,262 higher than the carrying value.
54
Item 4.
Controls and Procedures.
Evaluation of Disclosure Controls and Procedures
Under the supervision and with the participation of our management, including our chief executive officer and chief financial officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act), as of the end of the period covered by this report. Based on management's evaluation as of September 30, 2021, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures were effective to provide reasonable assurance that the information required to be disclosed by us in our reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms and such information is accumulated and communicated to management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.
Changes in Internal Control Over Financial Reporting
There have not been any changes in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Securities and Exchange Act of 1934, as amended) during the quarter ended September 30, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. We have not experienced any material impact to our internal control over financial reporting to date as a result of most of the employees of our Advisor and its affiliates working remotely due to the COVID-19 pandemic. We are continually monitoring and assessing the COVID-19 pandemic on our internal controls to minimize the impact to their design and operating effectiveness.
PART II
OTHER INFORMATION
Item 1.
Legal Proceedings.
We are involved in various claims and litigation matters arising in the ordinary course of business, some of which involve claims for damages. Many of these matters are covered by insurance, although they may nevertheless be subject to deductibles or retentions. Although the ultimate liability for these matters cannot be determined, based upon information currently available, we believe the ultimate resolution of such claims and litigation will not have a material adverse effect on our financial position, results of operations or liquidity.
Item 1A.
Risk Factors.
Except as disclosed in "Item 1A. Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, there have been no material changes to the risk factors previously disclosed under "Item 1A. Risk Factors "2020 Form 10-K.
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds.
Issuer Purchases of Equity Securities
Our share repurchase plan limits repurchases during any calendar quarter to shares with an aggregate value (based on the repurchase price per share on the day the repurchase is effected) of 5% of the combined NAV of all classes of shares as of the last day of the previous calendar quarter, which means that in any 12-month period, we limit repurchases to approximately 20% of our total NAV. If the quarterly volume limitation is reached on or before the third business day of a calendar quarter, repurchase requests during the next quarter will be satisfied on a stockholder by stockholder basis, which we refer to as a "per stockholder allocation," instead of a first-come, first-served basis. Pursuant to the per stockholder allocation, each of our stockholders would be allowed to request repurchase at any time during such quarter of a total number of shares not to exceed 5% of the shares of common stock the stockholder held as of the end of the prior quarter. The per stockholder allocation requirement will remain in effect for each succeeding quarter for which the total repurchases for the immediately preceding quarter exceeded four percent of our NAV on the last business day of such preceding quarter. If total repurchases during a quarter for which the per stockholder allocation applies are equal to or less than four percent of our NAV on the last business
55
day of such preceding quarter, then repurchases will again be first-come, first-served for the next succeeding quarter and each quarter thereafter.
During the three months ended September 30, 2021, we repurchased 2,358,010 shares of common stock under the share repurchase plan.
Period
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
Maximum Number of Shares that May Yet Be Purchased Pursuant to the Program (1)
July 1 - July 31, 2021
518,450
$
12.09
518,450
—
August 1 - August 31, 2021
654,712
12.30
654,712
—
September 1 - September 30, 2021
1,184,848
12.69
1,184,848
—
Total
2,358,010
$
12.45
2,358,010
—
________
(1)     Repurchases are limited as described above.
Unregistered Sales of Equity Securities
On March 3, 2015, we commenced the Private Offering of up to $350,000 in shares of our Class D common stock with an indefinite duration. No Class D shares were issued during the three months ended September 30, 2021.
Item 3.
Defaults Upon Senior Securities.
Not applicable.
Item 4.
Mine Safety Disclosures.
Not applicable.
Item 5.
Other Information.
None.
56
Item 6.
Exhibits.
Exhibit No.
Description
10.1
*
Purchase and Sale Agreement for Single-Family Rental Portfolio, dated August 5, 2021, between LIPT SFR Portfolio, LLC and GVI RH JV HoldCo, LLC.
31.1
*
Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2
*
Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1
*
Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2
*
Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS*
XBRL Instance Document
101.SCH*
XBRL Schema Document
101.CAL*
XBRL Calculation Linkbase Document
101.DEF*
Definition Linkbase Document
101.LAB*
XBRL Labels Linkbase Document
101.PRE*
XBRL Presentation Linkbase Document
104*
Cover Page Intereactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101)
__________
*    Filed herewith.
57
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant, Jones Lang LaSalle Income Property Trust, Inc., has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
JONES LANG LASALLE INCOME PROPERTY TRUST, INC.
Date:
November 10, 2021
By:
/s/ C. Allan Swaringen
C. Allan Swaringen
President, Chief Executive Officer
JONES LANG LASALLE INCOME PROPERTY TRUST, INC.
Date:
November 10, 2021
By:
/s/ Gregory A. Falk
Gregory A. Falk
Chief Financial Officer and Treasurer
58