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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investments in real estate:    
Land $ 97,258 $ 100,258
Buildings and improvements 1,484,740 1,472,580
Total investments in real estate 1,581,998 1,572,838
Less: Accumulated depreciation and amortization (420,768) (369,303)
Net investment in operating properties 1,161,230 1,203,535
Construction in progress 128,423 70,738
Net investments in real estate 1,289,653 1,274,273
Cash and cash equivalents 22,334 4,429
Accounts and other receivables, net of allowance for doubtful accounts of $470 and $209 as of June 30, 2017, and December 31, 2016, respectively 21,558 25,125
Lease intangibles, net of accumulated amortization of $13,329 and $12,385 as of Juneh 30, 2017, and December 31, 2016, respectively 7,664 9,913
Goodwill 40,646 41,191
Other assets, net 103,653 96,372
Total assets 1,485,508 1,451,303
Liabilities:    
Debt, net of unamortized deferred financing costs of $5,497 and $3,550 as of June 30, 2017, and December 31, 2016, respectively 769,503 690,450
Accounts payable and accrued expenses 49,718 72,519
Accrued dividends and distributions 46,180 41,849
Deferred rent payable 9,405 7,694
Acquired below-market lease contracts, net of accumulated amortization of $5,852 and $5,439 as of June 30, 2017, and December 31, 2016, respectively 3,879 4,292
Unearned revenue, prepaid rent and other liabilities 36,380 37,413
Total liabilities 915,065 854,217
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 June 30, 2017, and December 31, 2016 115,000 115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 34,227,944 and 33,896,771 shares issued and outstanding at June 30, 2017, and December 31, 2016, respectively 338 334
Additional paid-in capital 447,796 438,531
Accumulated other comprehensive income (loss) 223 (101)
Distributions in excess of net income (143,881) (118,038)
Total stockholders' equity 419,476 435,726
Noncontrolling interests 150,967 161,360
Total equity 570,443 597,086
Total liabilities and equity $ 1,485,508 $ 1,451,303