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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Real estate investments, net of accumulated depreciation of $151,078 and $129,479 as of December 31, 2013 and December 31, 2012, respectively $ 915,418 $ 827,135
Loans receivable, net 185,293 12,017
Cash and cash equivalents 4,308 17,101
Restricted cash 5,352 4,589
Deferred tax assets 24,212 24,212
Assets held for sale, net 0 2,215
Prepaid expenses, deferred financing costs and other assets 63,252 29,613
Total assets 1,197,835 916,882
Liabilities and stockholders’ equity    
Mortgage notes payable 141,328 152,322
Secured revolving credit facility 135,500 92,500
Senior unsecured notes payable 414,402 330,666
Accounts payable and accrued liabilities 22,229 11,694
Tax liability 24,212 24,212
Total liabilities 737,671 611,394
Commitments and contingencies (Note 15)      
Stockholders’ equity    
Preferred stock, $.01 par value; 10,000,000 shares authorized, 5,750,000 and zero shares issued and outstanding as of December 31, 2013 and 2012, respectively 58 0
Common stock, $.01 par value; 125,000,000 shares authorized, 38,788,745 and 37,099,209 shares issued and outstanding as of December 31, 2013 and 2012, respectively 388 371
Additional paid-in capital 534,639 353,861
Cumulative distributions in excess of net income (74,921) (48,744)
Total stockholders' equity 460,164 305,488
Total liabilities and stockholders’ equity $ 1,197,835 $ 916,882