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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Investments in real estate:    
Land $ 86,955 $ 86,955
Buildings and improvements 1,737,967 1,730,329
Total investments in real estate 1,824,922 1,817,284
Less: Accumulated depreciation and amortization (621,682) (590,784)
Net investment in operating properties 1,203,240 1,226,500
Construction in progress 364,458 265,921
Net investments in real estate 1,567,698 1,492,421
Operating lease right-of-use assets 186,311 190,304
Cash and cash equivalents 2,294 2,599
Accounts and other receivables, net of allowance for doubtful accounts of $283 and $417 as of March 31, 2019, and December 31, 2018, respectively 26,148 18,464
Lease intangibles, net of accumulated amortization of $8,375 and $7,756 as of March 31, 2019, and December 31, 2018, respectively 6,324 6,943
Goodwill 40,646 40,646
Other assets, net 103,441 102,290
Total assets 1,932,862 1,853,667
Liabilities:    
Debt, net of unamortized deferred financing costs of $5,284 and $5,677 as of March 31, 2019, and December 31, 2018, respectively 1,210,716 1,130,823
Operating lease liabilities 199,112 202,699
Accounts payable and accrued expenses 116,195 89,315
Accrued dividends and distributions 55,109 55,679
Acquired below-market lease contracts, net of accumulated amortization of $3,948 and $3,840 as of March 31, 2019, and December 31, 2018, respectively 2,737 2,846
Unearned revenue, prepaid rent and other liabilities 42,823 37,672
Total liabilities 1,626,692 1,519,034
Stockholders' equity:    
Common Stock, par value $0.01, 100,000,000 shares authorized and 36,901,8291 and 36,708,691 shares issued and outstanding at March 31, 2019, and December 31, 2018, respectively 364 363
Additional paid-in capital 494,923 491,314
Accumulated other comprehensive income (loss) (5,733) (2,193)
Distributions in excess of net income (267,849) (246,929)
Total stockholders' equity 221,705 242,555
Noncontrolling interests 84,465 92,078
Total equity 306,170 334,633
Total liabilities and equity $ 1,932,862 $ 1,853,667