Quarterly report pursuant to Section 13 or 15(d)

Non-Cash Activities

v2.4.0.8
Non-Cash Activities
9 Months Ended
Sep. 30, 2013
Nonmonetary Transactions [Abstract]  
Non-Cash Activities
Non-Cash Activities

Non-cash financing activities related to the acquisition of a controlling interest in Deer Park, as discussed in Note 3, included the assumption of debt totaling $237.9 million, and the issuance of $14.0 million in Operating Partnership common limited partnership units as a portion of the consideration given. In addition, rental property and lease related intangible assets increased by $27.9 million related to the fair value of the one-third interest owned by Deer Park's other remaining partner and $26.0 million related to the fair value of our previously held interest in excess of carrying amount.

We purchase capital equipment and incur costs relating to construction of facilities, including tenant finishing allowances. Expenditures included in construction trade payables as of September 30, 2013 and 2012 amounted to $5.3 million and $10.5 million, respectively.