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Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Investment in real estate:    
Land and improvements $ 1,547,542,000 $ 1,552,562,000
Building and improvements 3,201,552,000 3,196,762,000
In-place lease assets 441,492,000 442,729,000
Above-market lease assets 65,946,000 65,946,000
Total investment in real estate assets 5,256,532,000 5,257,999,000
Accumulated depreciation and amortization (786,328,000) (731,560,000)
Net investment in real estate assets 4,470,204,000 4,526,439,000
Investment in unconsolidated joint ventures 41,904,000 42,854,000
Total investment in real estate assets, net 4,512,108,000 4,569,293,000
Cash and cash equivalents 36,532,000 17,820,000
Restricted cash 48,043,000 77,288,000
Goodwill 29,066,000 29,066,000
Other assets, net 141,263,000 128,690,000
Real estate investment and other assets held for sale 0 6,038,000
Total assets 4,767,012,000 4,828,195,000
Liabilities:    
Debt obligations, net 2,356,401,000 2,354,099,000
Below-market lease liabilities, net 108,998,000 112,319,000
Earn-out liability 22,000,000 32,000,000
Derivative liability 62,756,000 20,974,000
Deferred income 13,841,000 15,955,000
Accounts payable and other liabilities 109,210,000 124,054,000
Total liabilities 2,673,206,000 2,659,401,000
Commitments and contingencies (Note 8) 0 0
Equity:    
Preferred stock, $0.01 par value per share, 10,000 shares authorized, zero shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.01 par value per share, 1,000,000 shares authorized, 290,416 and 289,047 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 2,903,000 2,890,000
Additional paid-in capital 2,793,803,000 2,779,130,000
Accumulated other comprehensive loss (“AOCI”) (58,552,000) (20,762,000)
Accumulated deficit (986,292,000) (947,252,000)
Total stockholders’ equity 1,751,862,000 1,814,006,000
Noncontrolling interests 341,944,000 354,788,000
Total equity 2,093,806,000 2,168,794,000
Total liabilities and equity $ 4,767,012,000 $ 4,828,195,000