CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments in real estate:
Land	$ 78,337	$ 78,983
Buildings and improvements	1,012,845	888,966
Total investments in real estate	1,091,182	967,949
Less: Accumulated depreciation and amortization	(247,655)	(215,978)
Net investment in operating properties	843,527	751,971
Construction in progress	106,872	178,599
Net investments in real estate	950,399	930,570
Cash and cash equivalents	7,542	10,662
Accounts and other receivables, net of allowance for doubtful accounts of $132 and $112 as of June 30, 2015 and December 31, 2014, respectively	15,269	10,290
Lease intangibles, net of accumulated amortization of $11,349 and $14,477 as of June 30, 2015 and December 31, 2014, respectively	5,815	7,112
Goodwill	41,191	41,191
Other assets, net	77,569	75,600
Total assets	1,097,785	1,075,425
Liabilities:
Revolving credit facility	102,250	218,500
Senior unsecured term loan	250,000	100,000
Accounts payable and accrued expenses	41,903	42,463
Accrued dividends and distributions	22,467	22,355
Deferred rent payable	8,519	8,985
Acquired below-market lease contracts, net of accumulated amortization of $4,922 and $4,688 as of June 30, 2015 and December 31, 2014, respectively	5,126	5,576
Unearned revenue, prepaid rent and other liabilities	24,734	19,205
Total liabilities	454,999	417,084
Stockholders' equity:
Series A Cumulative Preferred Stock 7.25%, $115,000 liquidation preference ($25.00 per share, $0.01 par value), 4,600,000 shares issued and outstanding as of June 30, 2015 and December 31, 2014	115,000	115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 26,531,414 and 21,757,366 shares issued and outstanding at June 30, 2015, and December 31, 2014, respectively	259	212
Additional paid-in capital	337,662	275,038
Accumulated other comprehensive loss	(183)	(125)
Distributions in excess of net income	(77,772)	(67,538)
Total stockholders' equity	374,966	322,587
Noncontrolling interests	267,820	335,754
Total equity	642,786	658,341
Total liabilities and equity	$ 1,097,785	$ 1,075,425