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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Real estate assets:    
Land $ 191,578 $ 191,578
Buildings and improvements 1,848,362 1,811,631
Fixtures and equipment 7,842 5,614
Total real estate assets, gross 2,047,782 2,008,823
Less accumulated depreciation 419,746 376,131
Real estate assets, net 1,628,036 1,632,692
Acquired real estate leases, less accumulated amortization of $98,890 and $109,771, respectively 65,687 86,520
Investment in non-consolidated REITs   70,164
Cash, cash equivalents and restricted cash 10,434 9,819
Tenant rent receivables, less allowance for doubtful accounts of $225 and $250, respectively 3,206 3,123
Straight-line rent receivable, less allowance for doubtful accounts of $50 and $50, respectively 53,056 53,194
Prepaid expenses and other assets 9,259 8,387
Related party mortgage loan receivables 70,925 71,720
Other assets: derivative asset 22,265 13,925
Office computers and furniture, net of accumulated depreciation of $1,493 and $1,420, respectively 216 289
Deferred leasing commissions, net of accumulated amortization of $24,059 and $22,276, respectively 45,475 40,679
Total assets 1,908,559 1,990,512
Liabilities:    
Bank note payable 17,000 78,000
Term loans payable, less unamortized financing costs of $6,086 and $5,099, respectively 763,914 764,901
Series A&B Senior Notes, less unamortized financing costs of $1,191 and $1,308, respectively 198,809 198,692
Accounts payable and accrued expenses 62,699 61,039
Accrued compensation 2,844 3,641
Tenant security deposits 5,619 5,383
Other liabilities: derivative liabilities   1,759
Acquired unfavorable real estate leases, less accumulated amortization of $7,985 and $7,638, respectively 4,261 5,805
Total liabilities 1,055,146 1,119,220
Commitments and contingencies
Stockholders' Equity:    
Preferred stock, $.0001 par value, 20,000,000 shares authorized, none issued or outstanding
Common stock, $.0001 par value, 180,000,000 shares authorized, 107,231,155 and 107,231,155 shares issued and outstanding, respectively 11 11
Additional paid-in capital 1,356,457 1,356,457
Accumulated other comprehensive income 22,265 12,166
Accumulated distributions in excess of accumulated earnings (525,320) (497,342)
Total stockholders' equity 853,413 871,292
Total liabilities and stockholders' equity $ 1,908,559 $ 1,990,512