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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real estate:    
Land ($4,280 and $4,280, respectively, related to VIE) $ 181,960 $ 181,960
Buildings and improvements, less accumulated depreciation of $166,250 and $152,486, respectively ($84,149 and $84,760, respectively, related to VIE) 1,819,566 1,812,769
Construction in process 0 16,143
Total real estate, net ($88,429 and $89,040, respectively, related to VIE) 2,001,526 2,010,872
Cash and cash equivalents ($2,440 and $2,308, respectively, related to VIE) 48,467 42,613
Acquired intangible assets, less accumulated amortization of $57,612 and $53,372, respectively ($6,282 and $6,465, respectively, related to VIE) 174,190 178,430
Other assets, net ($9,185 and $8,525, respectively, related to VIE) 106,321 105,739
Total assets 2,330,504 2,337,654
Liabilities:    
Notes payable, net of deferred financing costs of $2,160 and $2,542, respectively ($51,073 and $51,283, respectively, related to VIE) 476,192 484,270
Credit facility, net of deferred financing costs of $1,506 and $1,789, respectively 376,494 356,211
Accounts payable due to affiliates ($30 and $54, respectively, related to VIE) 2,773 2,635
Accounts payable and other liabilities ($4,002 and $3,825, respectively, related to VIE) 38,374 40,196
Intangible lease liabilities, less accumulated amortization of $17,201 and $16,332, respectively ($7,774 and $8,030, respectively, related to VIE) 48,529 49,398
Total liabilities 942,362 932,710
Stockholders’ equity:    
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value per share, 300,000,000 shares authorized; 191,592,393 and 189,848,165 shares issued, respectively; 185,421,813 and 184,909,673 shares outstanding, respectively 1,854 1,849
Additional paid-in capital 1,630,395 1,625,862
Accumulated distributions in excess of earnings (281,968) (258,878)
Accumulated other comprehensive income 3,326 1,823
Total stockholders’ equity 1,353,607 1,370,656
Noncontrolling interests 34,535 34,288
Total equity 1,388,142 1,404,944
Total liabilities and stockholders’ equity $ 2,330,504 $ 2,337,654