Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Real estate
Land and improvements, net	$ 37,097	$ 42,710
Building and improvements, net	126,653	132,359
Total real estate	163,750	175,069
Cash and cash equivalents	52,147	67,111
Restricted cash	5,213	6,101
Accounts receivable, net	1,554	1,415
Prepaid expenses and other assets	541	1,051
Investment in unconsolidated joint venture	10,944	14,658
Furniture, fixtures and equipment, net	1,116	3,148
Lease intangibles, net	899	352
Total Assets	236,164	268,905
Liabilities and Stockholders' Equity
Notes payable, net	89,921	142,332
Accounts payable	315	491
Payables to related parties	33	370
Acquired below-market leases, net	52	65
Distributions payable to noncontrolling interest	27	21
Income taxes payable	55	38
Deferred gain	558	1,247
Accrued property tax	2,398	1,385
Accrued and other liabilities	3,170	4,317
Total liabilities	96,529	150,266
Commitments and Contingencies
Stockholders' Equity:
Preferred stock, $.0001 par value per share; 50,000,000 shares authorized, none issued and outstanding
Convertible stock, $.0001 par value per share; 1,000 shares authorized, issued and outstanding	0	0
Common stock, $.0001 par value per share; 350,000,000 shares authorized, 24,646,494 and 25,218,770 shares issued and outstanding, respectively	2	3
Additional paid-in-capital	224,923	227,891
Accumulated other comprehensive loss	(27)	(495)
Accumulated deficit	(90,108)	(114,666)
Total Company stockholders' equity	134,790	112,733
Noncontrolling interest	4,845	5,906
Total Stockholder's Equity	139,635	118,639
Total Liabilities and Stockholders' Equity	$ 236,164	$ 268,905