Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Investments in real estate
Land	$ 895,442	$ 833,995
Buildings and improvements	849,968	837,816
Construction in progress	91,492	94,695
Intangible assets	82,844	79,270
Total investments in properties	1,919,746	1,845,776
Accumulated depreciation and amortization	(179,115)	(169,772)
Net investments in real estate	1,740,631	1,676,004
Cash and cash equivalents	59,750	31,004
Restricted cash	2,630	3,475
Senior secured loan, net	15,810	54,492
Other assets, net	41,385	31,529
Total assets	1,860,206	1,796,504
Liabilities
Credit facility	0	19,000
Term loans payable, net	149,149	149,067
Senior unsecured notes, net	248,338	248,263
Mortgage loans payable, net	45,411	45,767
Security deposits	12,147	11,933
Intangible liabilities, net	25,478	23,093
Dividends payable	15,109	14,643
Performance share awards payable	6,586	12,048
Accounts payable and other liabilities	24,812	24,893
Total liabilities	527,030	548,707
Commitments and contingencies (Note 12)
Stockholders’ equity
Common stock: $0.01 par value, 400,000,000 shares authorized, and 63,128,894 and 61,013,711 shares issued and outstanding, respectively	632	610
Additional paid-in capital	1,318,634	1,233,763
Retained earnings	14,608	14,185
Accumulated other comprehensive loss	(698)	(761)
Total stockholders’ equity	1,333,176	1,247,797
Total liabilities and equity	$ 1,860,206	$ 1,796,504