Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Investments in real estate
Land	$ 1,055,146	$ 833,995
Buildings and improvements	909,201	837,816
Construction in progress	101,253	94,695
Intangible assets	88,594	79,270
Total investments in properties	2,154,194	1,845,776
Accumulated depreciation and amortization	(208,279)	(169,772)
Net investments in real estate	1,945,915	1,676,004
Cash and cash equivalents	110,082	31,004
Restricted cash	2,657	3,475
Senior secured loan, net	15,858	54,492
Other assets, net	33,952	31,529
Total assets	2,108,464	1,796,504
Liabilities
Credit facility	0	19,000
Term loans payable, net	99,583	149,067
Senior unsecured notes, net	347,674	248,263
Mortgage loans payable, net	44,318	45,767
Security deposits	14,149	11,933
Intangible liabilities, net	28,127	23,093
Dividends payable	18,158	14,643
Performance share awards payable	11,633	12,048
Accounts payable and other liabilities	27,699	24,893
Total liabilities	591,341	548,707
Commitments and contingencies (Note 14)
Stockholders’ equity
Common stock: $0.01 par value, 400,000,000 shares authorized, and 67,252,787 and 61,013,711 shares issued and outstanding, respectively	673	610
Additional paid-in capital	1,514,266	1,233,763
Retained earnings	2,621	14,185
Accumulated other comprehensive loss	(437)	(761)
Total stockholders’ equity	1,517,123	1,247,797
Total liabilities and equity	$ 2,108,464	$ 1,796,504