Subsequent Events |
3 Months Ended | |||
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Mar. 31, 2018 | ||||
| Subsequent Events [Abstract] | ||||
| Subsequent Events |
In April 2018, NMM distributed approximately $10,000,000 to former NMM shareholders, which was previously classified as restricted cash and dividends payable as of March 31, 2018, with $8,000,000 of restricted cash resulting from the Merger continuing to be held for distribution. In April 2018, APC acquired a 50% membership interest in a joint venture limited liability company. The joint venture entered into an agreement, effective as of April 10, 2018, to purchase real property of approximately 109,000 square feet including a building containing approximately 89,000 rentable square feet situated in the City of Los Angeles, and provided a securing deposit into an escrow account. The transaction is expected to close on May 31, 2018. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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