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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Real estate assets:    
Land $ 730,912,000 $ 700,210,000
Buildings, fixtures and improvements 1,979,787,000 1,830,101,000
Intangible lease assets 322,221,000 313,127,000
Total real estate assets, at cost 3,032,920,000 2,843,438,000
Less: accumulated depreciation and amortization (446,821,000) (374,103,000)
Total real estate assets, net 2,586,099,000 2,469,335,000
Real estate-related securities 75,212,000 0
Loans held-for-investment and related receivables, net 892,895,000 301,630,000
Less: Allowance for credit losses (35,039,000) 0
Total loans held-for-investment and related receivables, net 857,856,000 301,630,000
Cash and cash equivalents 175,224,000 466,024,000
Restricted cash 5,925,000 7,331,000
Rents and tenant receivables, net 70,141,000 58,374,000
Prepaid expenses and other assets 10,137,000 11,731,000
Deferred costs, net 3,374,000 2,301,000
Assets held for sale 0 351,897,000
Total assets 3,783,968,000 3,668,623,000
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Credit facilities, notes payable and repurchase facilities, net 1,849,099,000 1,604,860,000
Accrued expenses and accounts payable 26,833,000 22,038,000
Due to affiliates 12,718,000 14,458,000
Intangible lease liabilities, net 17,257,000 20,523,000
Distributions payable 9,375,000 16,510,000
Derivative liabilities, deferred rental income and other liabilities 18,268,000 19,448,000
Total liabilities 1,933,550,000 1,697,837,000
Commitments and contingencies
Redeemable common stock 0 180,838,000
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, 309,405,505 and 311,207,725 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 3,094,000 3,112,000
Capital in excess of par value 2,774,027,000 2,606,925,000
Accumulated distributions in excess of earnings (919,510,000) (816,181,000)
Accumulated other comprehensive loss (7,193,000) (3,908,000)
Total stockholders’ equity 1,850,418,000 1,789,948,000
Total liabilities, redeemable common stock and stockholders’ equity $ 3,783,968,000 $ 3,668,623,000