CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments in real estate:
Land	$ 97,258	$ 100,258
Buildings and improvements	1,475,029	1,472,580
Total investments in real estate	1,572,287	1,572,838
Less: Accumulated depreciation and amortization	(395,039)	(369,303)
Net investment in operating properties	1,177,248	1,203,535
Construction in progress	98,695	70,738
Net investments in real estate	1,275,943	1,274,273
Cash and cash equivalents	2,386	4,429
Accounts and other receivables, net of allowance for doubtful accounts of $30 and $209 as of March 31, 2017, and December 31, 2016, respectively	21,369	25,125
Lease intangibles, net of accumulated amortization of $13,555 and $12,385 as of March 31, 2017, and December 31, 2016, respectively	8,743	9,913
Goodwill	41,191	41,191
Other assets, net	102,957	96,372
Total assets	1,452,589	1,451,303
Liabilities:
Debt, net of unamortized deferred financing costs of $3,343 and $3,550 as of March 31, 2017, and December 31, 2016, respectively	719,657	690,450
Accounts payable and accrued expenses	55,164	72,519
Accrued dividends and distributions	41,097	41,849
Deferred rent payable	9,099	7,694
Acquired below-market lease contracts, net of accumulated amortization of $5,645 and $5,439 as of March 31, 2017, and December 31, 2016, respectively	4,086	4,292
Unearned revenue, prepaid rent and other liabilities	34,820	37,413
Total liabilities	863,923	854,217
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 March 31, 2017, and December 31, 2016	115,000	115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 34,193,619 and 33,896,771 shares issued and outstanding at March 31, 2017, and December 31, 2016, respectively	338	334
Additional paid-in capital	444,653	438,531
Accumulated other comprehensive income (loss)	332	(101)
Distributions in excess of net income	(128,797)	(118,038)
Total stockholders' equity	431,526	435,726
Noncontrolling interests	157,140	161,360
Total equity	588,666	597,086
Total liabilities and equity	$ 1,452,589	$ 1,451,303