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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Real estate investments, at cost (Note 3):    
Land $ 434,306 $ 414,446
Buildings, fixtures and improvements 2,768,183 2,685,325
Construction in progress 13,720 11,725
Acquired intangible lease assets 656,790 651,768
Total real estate investments, at cost 3,872,999 3,763,264
Less accumulated depreciation and amortization (579,650) (517,123)
Total real estate investments, net 3,293,349 3,246,141
Cash and cash equivalents 316,824 270,302
Restricted cash 758 3,985
Derivative assets, at fair value (Note 7) 4,040 4,151
Unbilled straight-line rent 55,035 51,795
Operating lease right-of-use asset (Note 9) 49,450 50,211
Prepaid expenses and other assets 37,392 37,370
Due from related parties 351 351
Deferred tax assets 4,434 4,441
Goodwill and other intangible assets, net 21,943 21,920
Deferred financing costs, net 9,416 10,938
Total Assets 3,792,992 3,701,605
LIABILITIES AND EQUITY    
Mortgage notes payable, net (Note 4) 1,303,161 1,272,154
Revolving credit facility (Note 5) 344,592 199,071
Term loan, net (Note 5) 398,955 397,893
Acquired intangible lease liabilities, net 29,564 30,529
Derivative liabilities, at fair value (Note 7) 17,542 7,507
Due to related parties 0 342
Accounts payable and accrued expenses 27,122 22,903
Operating lease liability (Note 9) 23,649 23,985
Prepaid rent 17,359 17,236
Deferred tax liability 14,559 14,975
Taxes payable 0 1,046
Dividends payable 4,934 4,006
Total Liabilities 2,181,437 1,991,647
Commitments and contingencies (Note 9) 0 0
Stockholders’ Equity (Note 8):    
Common Stock, $0.01 par value, 250,000,000 shares authorized, 89,482,576 and 89,458,752 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 2,225 2,225
Additional paid-in capital 2,408,527 2,408,353
Accumulated other comprehensive (loss) income (5,421) 20,195
Accumulated deficit (810,923) (733,245)
Total Stockholders’ Equity 1,594,511 1,697,631
Non-controlling interest 17,044 12,327
Total Equity 1,611,555 1,709,958
Total Liabilities and Equity 3,792,992 3,701,605
7.25% Series A cumulative redeemable preferred stock, $0.01 par value, liquidation preference $25.00 per share, 9,959,650 shares authorized, 6,799,467 shares issued and outstanding as of June 30, 2020 and December 31, 2019    
Stockholders’ Equity (Note 8):    
Cumulative redeemable preferred stock 68 68
6.875% Series B cumulative redeemable perpetual preferred stock, $0.01 par value, liquidation preference $25.00 per share, 11,450,000 shares authorized, 3,450,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019    
Stockholders’ Equity (Note 8):    
Cumulative redeemable preferred stock $ 35 $ 35