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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Real estate assets:    
Land $ 746,665,000 $ 700,210,000
Buildings, fixtures and improvements 2,015,734,000 1,830,101,000
Intangible lease assets 328,049,000 313,127,000
Total real estate assets, at cost 3,090,448,000 2,843,438,000
Less: accumulated depreciation and amortization (422,371,000) (374,103,000)
Total real estate assets, net 2,668,077,000 2,469,335,000
Loans held-for-investment and related receivables, net 627,380,000 301,630,000
Less: Allowance for credit losses (19,779,000) 0
Total loans held-for-investment and related receivables, net 607,601,000 301,630,000
Cash and cash equivalents 240,872,000 466,024,000
Restricted cash 4,204,000 7,331,000
Rents and tenant receivables 57,893,000 58,374,000
Prepaid expenses and other assets 11,954,000 11,731,000
Deferred costs, net 2,125,000 2,301,000
Assets held for sale 7,966,000 351,897,000
Total assets 3,600,692,000 3,668,623,000
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Credit facilities and notes payable, net 1,608,628,000 1,604,860,000
Accrued expenses and accounts payable 22,886,000 22,038,000
Due to affiliates 12,609,000 14,458,000
Intangible lease liabilities, net 20,161,000 20,523,000
Distributions payable 16,463,000 16,510,000
Derivative liabilities, deferred rental income and other liabilities 21,739,000 19,448,000
Total liabilities 1,702,486,000 1,697,837,000
Commitments and contingencies
Redeemable common stock 180,555,000 180,838,000
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value per share; 490,000,000 shares authorized, 311,174,986 and 311,207,725 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 3,112,000 3,112,000
Capital in excess of par value 2,606,965,000 2,606,925,000
Accumulated distributions in excess of earnings (878,690,000) (816,181,000)
Accumulated other comprehensive loss (13,736,000) (3,908,000)
Total stockholders’ equity 1,717,651,000 1,789,948,000
Total liabilities, redeemable common stock and stockholders’ equity $ 3,600,692,000 $ 3,668,623,000