XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Investments in real estate:    
Land $ 97,295 $ 97,258
Buildings and improvements 1,651,967 1,561,056
Total investments in real estate 1,749,262 1,658,314
Less: Accumulated depreciation and amortization (500,961) (473,141)
Net investment in operating properties 1,248,301 1,185,173
Construction in progress 121,989 162,903
Net investments in real estate 1,370,290 1,348,076
Operating lease right-of-use assets 88,781 92,984
Cash and cash equivalents 3,079 5,247
Accounts and other receivables, net of allowance for doubtful accounts of $885 and $1,094 as of March 31, 2018, and December 31, 2017, respectively 25,078 28,875
Lease intangibles, net of accumulated amortization of $8,779 and $8,585 as of March 31, 2018, and December 31, 2017, respectively 5,727 6,314
Goodwill 40,646 40,646
Other assets, net 106,813 103,501
Total assets 1,640,414 1,625,643
Liabilities:    
Debt, net of unamortized deferred financing costs of $4,256 and $4,930 as of March 31, 2018, and December 31, 2017, respectively 986,974 939,570
Operating lease liabilities 97,308 102,912
Accounts payable and accrued expenses 64,036 77,170
Accrued dividends and distributions 48,678 48,976
Acquired below-market lease contracts, net of accumulated amortization of $5,789 and $5,608 as of March 31, 2018, and December 31, 2017, respectively 3,314 3,504
Unearned revenue, prepaid rent and other liabilities 36,778 34,867
Total liabilities 1,237,088 1,206,999
Stockholders' equity:    
Common Stock, par value $0.01, 100,000,000 shares authorized and 34,454,213 and 34,240,815 shares issued and outstanding at March 31, 2018, and December 31, 2017, respectively 340 338
Additional paid-in capital 460,404 457,495
Accumulated other comprehensive income (loss) 1,163 753
Distributions in excess of net income (191,013) (177,566)
Total stockholders' equity 270,894 281,020
Noncontrolling interests 132,432 137,624
Total equity 403,326 418,644
Total liabilities and equity $ 1,640,414 $ 1,625,643