CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments in real estate:
Land	$ 100,258	$ 74,819
Buildings and improvements	1,472,580	1,037,127
Total investments in real estate	1,572,838	1,111,946
Less: Accumulated depreciation and amortization	(369,303)	(284,219)
Net investment in operating properties	1,203,535	827,727
Construction in progress	70,738	183,189
Net investments in real estate	1,274,273	1,010,916
Cash and cash equivalents	4,429	6,854
Accounts and other receivables, net of allowance for doubtful accounts of $209 and $56 as of December 31, 2016, and December 31, 2015, respectively	25,125	12,235
Lease intangibles, net of accumulated amortization of $12,385 and $11,437 as of December 31, 2016, and December 31, 2015, respectively	9,913	4,714
Goodwill	41,191	41,191
Other assets, net	96,372	86,633
Total assets	1,451,303	1,162,543
Liabilities:
Debt, net of unamortized deferred financing costs of $3,550 and $1,243 as of December 31, 2016, and December 31, 2015, respectively	690,450	391,007
Accounts payable and accrued expenses	72,519	75,783
Accrued dividends and distributions	41,849	28,104
Deferred rent payable	7,694	7,934
Acquired below-market lease contracts, net of accumulated amortization of $5,439 and $5,279 as of December 31, 2016, and December 31, 2015, respectively	4,292	4,693
Unearned revenue, prepaid rent and other liabilities	37,413	28,717
Total liabilities	854,217	536,238
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 December 31, 2016, and December 31, 2015	115,000	115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 33,896,771 and 30,650,703 shares issued and outstanding at December 31, 2016, and December 31, 2015, respectively	334	301
Additional paid-in capital	438,531	390,200
Accumulated other comprehensive loss	(101)	(493)
Distributions in excess of net income	(118,038)	(88,891)
Total stockholders' equity	435,726	416,117
Noncontrolling interests	161,360	210,188
Total equity	597,086	626,305
Total liabilities and equity	$ 1,451,303	$ 1,162,543