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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investments in real estate:    
Land $ 97,636 $ 97,258
Buildings and improvements 1,701,832 1,561,056
Total investments in real estate 1,799,468 1,658,314
Less: Accumulated depreciation and amortization (560,650) (473,141)
Net investment in operating properties 1,238,818 1,185,173
Construction in progress 199,776 162,903
Net investments in real estate 1,438,594 1,348,076
Operating lease right-of-use assets 194,732 92,984
Cash and cash equivalents 5,306 5,247
Accounts and other receivables, net of allowance for doubtful accounts of $401 and $1,094 as of September 30, 2018, and December 31, 2017, respectively 24,458 28,875
Lease intangibles, net of accumulated amortization of $8,762 and $8,585 as of September 30, 2018, and December 31, 2017, respectively 7,578 6,314
Goodwill 40,646 40,646
Other assets, net 106,906 103,501
Total assets 1,818,220 1,625,643
Liabilities:    
Debt, net of unamortized deferred financing costs of $6,021 and $4,930 as of September 30, 2018, and December 31, 2017, respectively 1,073,479 939,570
Operating lease liabilities 204,424 102,912
Accounts payable and accrued expenses 88,232 77,170
Accrued dividends and distributions 51,840 48,976
Acquired below-market lease contracts, net of accumulated amortization of $6,159 and $5,608 as of September 30, 2018, and December 31, 2017, respectively 2,954 3,504
Unearned revenue, prepaid rent and other liabilities 33,666 34,867
Total liabilities 1,454,595 1,206,999
Stockholders' equity:    
Common Stock, par value $0.01, 100,000,000 shares authorized and 36,698,420 and 34,240,815 shares issued and outstanding at September 30, 2018, and December 31, 2017, respectively 363 338
Additional paid-in capital 487,848 457,495
Accumulated other comprehensive income 1,758 753
Distributions in excess of net income (226,184) (177,566)
Total stockholders' equity 263,785 281,020
Noncontrolling interests 99,840 137,624
Total equity 363,625 418,644
Total liabilities and equity $ 1,818,220 $ 1,625,643