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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Investments in real estate:    
Land $ 90,300 $ 86,955
Buildings and improvements 1,896,820 1,730,329
Total investments in real estate 1,987,120 1,817,284
Less: Accumulated depreciation and amortization (686,026) (590,784)
Net investment in operating properties 1,301,094 1,226,500
Construction in progress 389,174 265,921
Net investments in real estate 1,690,268 1,492,421
Operating lease right-of-use assets, net 177,535 190,304
Cash and cash equivalents 4,703 2,599
Accounts and other receivables, net of allowance for doubtful accounts of $214 and $417 as of September 30, 2019, and December 31, 2018, respectively 26,330 18,464
Lease intangibles, net of accumulated amortization of $4,938 and $7,756 as of September 30, 2019, and December 31, 2018, respectively 4,328 6,943
Goodwill 40,646 40,646
Other assets, net 102,932 102,290
Total assets 2,046,742 1,853,667
Liabilities:    
Debt, net of unamortized deferred financing costs of $6,709 and $7,756 as of September 30, 2019, and December 31, 2018, respectively 1,380,541 1,130,823
Operating lease liabilities 191,725 202,699
Accounts payable and accrued expenses 132,739 89,315
Accrued dividends and distributions 61,783 55,679
Acquired below-market lease contracts, net of accumulated amortization of $1,460 and $3,840 as of September 30, 2019, and December 31, 2018, respectively 2,562 2,846
Unearned revenue, prepaid rent and other liabilities 34,066 37,672
Total liabilities 1,803,416 1,519,034
Stockholders' equity:    
Common Stock, par value $0.01, 100,000,000 shares authorized and 37,688,382 and 36,708,691 shares issued and outstanding at September 30, 2019, and December 31, 2018, respectively 373 363
Additional paid-in capital 508,209 491,314
Accumulated other comprehensive loss (6,666) (2,193)
Distributions in excess of net income (321,720) (246,929)
Total stockholders' equity 180,196 242,555
Noncontrolling interests 63,130 92,078
Total equity 243,326 334,633
Total liabilities and equity $ 2,046,742 $ 1,853,667