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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Real estate investments, at cost:    
Land $ 275,007 $ 274,993
Buildings, fixtures and improvements 817,241 815,568
Acquired intangible lease assets 184,806 192,454
Total real estate investments, at cost 1,277,054 1,283,015
Less: accumulated depreciation and amortization (93,856) (68,221)
Total real estate investments, net 1,183,198 1,214,794
Cash and cash equivalents 44,065 40,033
Restricted cash 5,563 4,828
Prepaid expenses and other assets 22,384 17,629
Deferred costs, net 7,025 7,369
Land held for sale 0 500
Total assets 1,262,235 1,285,153
LIABILITIES AND STOCKHOLDERS' EQUITY    
Mortgage notes payable, net of deferred financing costs 126,925 127,251
Mortgage premium, net 4,271 4,764
Credit facility 304,000 304,000
Below-market lease liabilities, net 74,519 78,103
Derivatives, at fair value 784 415
Accounts payable and accrued expenses (including $735 and $828 due to related parties as of June 30, 2016 and December 31, 2015, respectively) 18,707 18,216
Deferred rent and other liabilities 3,684 3,958
Distributions payable 5,178 5,296
Total liabilities 538,068 542,003
Preferred stock, $0.01 par value per share, 50,000,000 authorized, none issued or outstanding at June 30, 2016 and December 31, 2015 0 0
Common stock, $0.01 par value per share, 300,000,000 shares authorized, 98,675,535 and 96,866,152 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 987 969
Additional paid-in capital 876,145 859,421
Accumulated other comprehensive loss (776) (410)
Accumulated deficit (152,189) (116,830)
Total stockholders' equity 724,167 743,150
Total liabilities and stockholders' equity $ 1,262,235 $ 1,285,153