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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Rental Property:    
Land $ 321,365 $ 272,162
Buildings and improvements, net of accumulated depreciation of $234,349 and $187,413, respectively 1,880,350 1,550,141
Deferred leasing intangibles, net of accumulated amortization of $273,602 and $237,456, respectively 318,915 294,533
Total rental property, net 2,520,630 2,116,836
Cash and cash equivalents 11,040 12,192
Restricted cash 3,547 9,613
Tenant accounts receivable, net 30,591 25,223
Prepaid expenses and other assets 27,721 20,821
Interest rate swaps 2,270 1,471
Assets held for sale, net 5,673 0
Total assets 2,601,472 2,186,156
Liabilities:    
Unsecured credit facility 245,000 28,000
Unsecured term loans, net 446,066 446,608
Unsecured notes, net 398,168 397,966
Mortgage notes, net 58,695 163,565
Accounts payable, accrued expenses and other liabilities 54,539 35,389
Interest rate swaps 2,873 2,438
Tenant prepaid rent and security deposits 18,765 15,195
Dividends and distributions payable 11,516 9,728
Deferred leasing intangibles, net of accumulated amortization of $12,487 and $10,450, respectively 21,127 20,341
Total liabilities 1,256,749 1,119,230
Commitments and contingencies (Note 10)
Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized, 93,862,783 and 80,352,304 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 939 804
Additional paid-in capital 1,638,309 1,293,706
Common stock dividends in excess of earnings (489,078) (410,978)
Accumulated other comprehensive loss (1,209) (1,496)
Total stockholders’ equity 1,293,961 1,027,036
Noncontrolling interest 50,762 39,890
Total equity 1,344,723 1,066,926
Total liabilities and equity 2,601,472 2,186,156
Series B Preferred Stock    
Equity:    
Preferred stock 70,000 70,000
Series C Preferred Stock    
Equity:    
Preferred stock $ 75,000 $ 75,000