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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Real estate investments, at cost:    
Land $ 92,648 $ 18,439
Buildings, fixtures and improvements 229,557 96,596
Acquired intangible lease assets 38,652 10,591
Total real estate investments, at cost 360,857 125,626
Less accumulated depreciation and amortization (12,263) (4,175)
Total real estate investments, net 348,594 121,451
Cash and cash equivalents 5,354 10,222
Restricted cash 962 179
Receivable for sale of common stock 1,123 208
Due from affiliate, net 325 358
Prepaid expenses and other assets 4,624 1,648
Deferred costs, net 6,868 2,898
Total assets 367,850 136,964
LIABILITIES AND EQUITY    
Mortgage notes payable 185,569 75,250
Revolving credit facility 19,995 0
Notes payable 0 5,933
Below-market lease liabilities, net 6,235 1,579
Derivatives, at fair value 1,710 204
Accounts payable and accrued expenses 10,058 2,293
Deferred rent and other liabilities 866 227
Distributions payable 986 287
Total liabilities 225,419 85,773
Common stock, $0.01 par value; 300,000,000 shares authorized, 19,930,772 and 6,658,903 shares issued and outstanding at December 31, 2012 and 2011, respectively 199 67
Additional paid-in capital 164,972 47,786
Accumulated other comprehensive loss (1,693) (201)
Accumulated deficit (22,338) (8,597)
Total stockholders' equity 141,140 39,055
Non-controlling interests 1,291 12,136
Total equity 142,431 51,191
Total liabilities and equity 367,850 136,964
Preferred stock
   
LIABILITIES AND EQUITY    
Preferred stock, $0.01 par value; 40,866,376 shares authorized, none issued and outstanding 0 0
Convertible preferred stock
   
LIABILITIES AND EQUITY    
Preferred stock, $0.01 par value; 40,866,376 shares authorized, none issued and outstanding $ 0 $ 0