CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Real estate:
Land	$ 166,993	$ 166,993
Buildings and improvements	950,124	943,796
Tenant origination and absorption costs	53,327	53,901
Total real estate held for investment, cost	1,170,444	1,164,690
Less accumulated depreciation and amortization	(179,904)	(169,443)
Total real estate held for investment, net	990,540	995,247
Real estate held for sale, net	35,471	35,621
Total real estate, net	1,026,011	1,030,868
Real estate loan receivable, net	13,879	13,923
Total real estate and real estate-related investments, net	1,039,890	1,044,791
Cash and cash equivalents	83,624	81,017
Restricted cash	9,001	5,626
Rents and other receivables, net	59,896	61,195
Above-market leases, net	1,535	2,118
Assets related to real estate held for sale	471	469
Prepaid expenses and other assets	32,595	29,894
Total assets	1,227,012	1,225,110
Notes payable:
Notes payable, net	463,575	456,026
Notes payable related to real estate held for sale, net	46,273	46,273
Total notes payable, net	509,848	502,299
Accounts payable and accrued liabilities	14,550	13,166
Due to affiliate	104	84
Distributions payable	3,894	4,376
Below-market leases, net	742	984
Liabilities related to real estate held for sale	160	320
Other liabilities	16,697	9,299
Total liabilities	545,995	530,528
Commitments and contingencies (Note 10)
Redeemable common stock	8,723	10,000
Stockholders’ equity:
Preferred stock, $.01 par value; 10,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $.01 par value; 1,000,000,000 shares authorized, 187,405,210 and 187,666,302 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively	1,874	1,877
Additional paid-in capital	1,673,770	1,673,767
Cumulative distributions in excess of net income	(1,003,350)	(991,062)
Total stockholders’ equity	672,294	684,582
Total liabilities and stockholders’ equity	$ 1,227,012	$ 1,225,110