CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Real estate assets:
Land	$ 742,208,000	$ 700,210,000
Buildings, fixtures and improvements	1,996,392,000	1,830,101,000
Intangible lease assets	323,983,000	313,127,000
Total real estate assets, at cost	3,062,583,000	2,843,438,000
Less: accumulated depreciation and amortization	(434,005,000)	(374,103,000)
Total real estate assets, net	2,628,578,000	2,469,335,000
Real estate-related securities	16,103,000	0
Loans held-for-investment and related receivables, net	626,079,000	301,630,000
Less: Allowance for credit losses	(27,684,000)	0
Total loans held-for-investment and related receivables, net	598,395,000	301,630,000
Cash and cash equivalents	336,142,000	466,024,000
Restricted cash	4,797,000	7,331,000
Rents and tenant receivables, net	67,558,000	58,374,000
Prepaid expenses and other assets	9,425,000	11,731,000
Deferred costs, net	2,172,000	2,301,000
Assets held for sale	1,165,000	351,897,000
Total assets	3,664,335,000	3,668,623,000
LIABILITIES AND STOCKHOLDERS’ EQUITY
Credit facilities, notes payable and repurchase facility, net	1,708,598,000	1,604,860,000
Accrued expenses and accounts payable	22,439,000	22,038,000
Due to affiliates	13,796,000	14,458,000
Intangible lease liabilities, net	18,592,000	20,523,000
Distributions payable	4,990,000	16,510,000
Derivative liabilities, deferred rental income and other liabilities	21,582,000	19,448,000
Total liabilities	1,789,997,000	1,697,837,000
Commitments and contingencies
Redeemable common stock	170,912,000	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, 309,948,707 and 311,207,725 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	3,099,000	3,112,000
Capital in excess of par value	2,607,013,000	2,606,925,000
Accumulated distributions in excess of earnings	(895,508,000)	(816,181,000)
Accumulated other comprehensive loss	(11,178,000)	(3,908,000)
Total stockholders’ equity	1,703,426,000	1,789,948,000
Total liabilities, redeemable common stock and stockholders’ equity	$ 3,664,335,000	$ 3,668,623,000