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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Investments in real estate:    
Land $ 97,258 $ 100,258
Buildings and improvements 1,512,015 1,472,580
Total investments in real estate 1,609,273 1,572,838
Less: Accumulated depreciation and amortization (446,742) (369,303)
Net investment in operating properties 1,162,531 1,203,535
Construction in progress 153,079 70,738
Net investments in real estate 1,315,610 1,274,273
Cash and cash equivalents 4,682 4,429
Accounts and other receivables, net of allowance for doubtful accounts of $1,020 and $209 as of September 30, 2017, and December 31, 2016, respectively 27,990 25,125
Lease intangibles, net of accumulated amortization of $7,910 and $12,385 as of September 30, 2017, and December 31, 2016, respectively 6,989 9,913
Goodwill 40,646 41,191
Other assets, net 104,039 96,372
Total assets 1,499,956 1,451,303
Liabilities:    
Debt, net of unamortized deferred financing costs of $5,213 and $3,550 as of September 30, 2017, and December 31, 2016, respectively 788,787 690,450
Accounts payable and accrued expenses 67,798 72,519
Accrued dividends and distributions 46,523 41,849
Deferred rent payable 9,674 7,694
Acquired below-market lease contracts, net of accumulated amortization of $5,424 and $5,439 as of September 30, 2017, and December 31, 2016, respectively 3,688 4,292
Unearned revenue, prepaid rent and other liabilities 31,260 37,413
Total liabilities 947,730 854,217
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 September 30, 2017, and December 31, 2016 115,000 115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 34,241,504 and 33,896,771 shares issued and outstanding at September 30, 2017, and December 31, 2016, respectively 338 334
Additional paid-in capital 450,594 438,531
Accumulated other comprehensive income (loss) 314 (101)
Distributions in excess of net income (158,926) (118,038)
Total stockholders' equity 407,320 435,726
Noncontrolling interests 144,906 161,360
Total equity 552,226 597,086
Total liabilities and equity $ 1,499,956 $ 1,451,303