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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Rental Property:    
Land $ 104,656 $ 70,870
Buildings 654,518 394,822
Tenant improvements 34,900 25,056
Building and land improvements 22,153 11,510
Less: accumulated depreciation (46,175) (30,004)
Total rental property, net 770,052 472,254
Cash and cash equivalents 19,006 16,498
Restricted cash 5,497 6,611
Tenant accounts receivable, net 9,351 5,592
Prepaid expenses and other assets 1,556 1,355
Deferred financing fees, net 4,704 2,634
Leasing commissions, net 1,674 954
Goodwill 4,923 4,923
Due from related parties 806 400
Deferred leasing intangibles, net 187,555 113,293
Total assets 1,005,124 624,514
Liabilities:    
Mortgage notes payable 229,915 296,779
Unsecured credit facility 99,300  
Unsecured term loan 150,000  
Accounts payable, accrued expenses and other liabilities 12,111 6,044
Interest rate swaps 480 215
Tenant prepaid rent and security deposits 5,686 3,478
Dividends and distributions payable 11,301 6,160
Deferred leasing intangibles, net 6,871 1,929
Total liabilities 515,664 314,605
Commitments and contingencies      
Equity:    
Preferred stock, par value $0.01 per share, 10,000,000 shares authorized, 2,760,000 shares (liquidation preference of $25.00 per share) issued and outstanding at December 31, 2012 and December 31, 2011 69,000 69,000
Common stock $0.01 par value, 100,000,000 shares authorized, 35,698,582 and 15,901,560 shares outstanding at December 31, 2012 and December 31, 2011, respectively 357 159
Additional paid-in capital 419,643 179,919
Common stock dividends in excess of earnings (61,024) (18,385)
Accumulated other comprehensive loss (371)  
Total stockholders' equity 427,605 230,693
Noncontrolling interest 61,855 79,216
Total equity 489,460 309,909
Total liabilities and equity $ 1,005,124 $ 624,514