Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments in real estate
Land	$ 572,086	$ 570,181
Buildings and improvements	713,207	710,277
Intangible assets	62,161	62,580
Total investments in properties	1,347,454	1,343,038
Accumulated depreciation and amortization	(116,912)	(109,357)
Net investments in properties	1,230,542	1,233,681
Properties held for sale, net	14,957
Net investments in real estate	1,245,499	1,233,681
Cash and cash equivalents	11,073	14,208
Restricted cash	6,021	4,270
Other assets, net	29,075	26,822
Total assets	1,291,668	1,278,981
Liabilities
Credit facility	16,000	51,500
Term loans payable, net	148,686	148,616
Senior unsecured notes, net	148,638	148,594
Mortgage loans payable, net	66,116	66,617
Security deposits	9,657	9,922
Intangible liabilities, net	3,012	3,485
Dividends payable	9,903	9,483
Performance share awards payable	6,230	10,739
Accounts payable and other liabilities	19,064	18,220
Total liabilities	427,306	467,176
Commitments and contingencies (Note 11)
Stockholders' equity
Preferred stock: $0.01 par value, 100,000,000 shares authorized, and 1,840,000 and 1,840,000 shares (liquidation preference of $25.00 per share) issued and outstanding, respectively	46,000	46,000
Common stock: $0.01 par value, 400,000,000 shares authorized, and 49,562,579 and 47,414,365 shares issued and outstanding, respectively	496	474
Additional paid-in capital	818,886	766,229
Retained earnings
Accumulated other comprehensive loss	(1,020)	(898)
Total stockholders' equity	864,362	811,805
Total liabilities and equity	$ 1,291,668	$ 1,278,981