CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Investment properties held and used:
Land	$ 267,946	$ 267,946
Building and other improvements	993,129	987,181
Total	1,261,075	1,255,127
Less accumulated depreciation	(245,532)	(207,764)
Net investment properties held and used	1,015,543	1,047,363
Cash and cash equivalents	8,229	12,906
Restricted cash	5,154	1,079
Accounts and rent receivable	18,560	21,851
Acquired lease intangible assets, net	58,203	71,539
Operating lease right-of-use asset, net	14,570	15,013
Other assets	6,448	6,299
Total assets	1,126,707	1,176,050
Liabilities:
Mortgages and credit facility payable, net	595,542	628,718
Accounts payable and accrued expenses	9,089	8,977
Operating lease liability	24,396	24,035
Distributions payable	4,888
Acquired intangible liabilities, net	37,918	41,658
Due to related parties	2,537	5,348
Other liabilities	14,414	23,355
Total liabilities	688,784	732,091
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $.001 par value, 40,000,000 shares authorized, none outstanding
Common stock, $.001 par value, 1,460,000,000 shares authorized, 36,040,928 and 36,022,368 shares issued and outstanding as of December 31, 2021 and 2020, respectively	36	36
Additional paid in capital	811,233	810,210
Accumulated distributions and net loss	(365,877)	(348,719)
Accumulated other comprehensive loss	(7,469)	(17,568)
Total stockholders’ equity	437,923	443,959
Total liabilities and stockholders’ equity	$ 1,126,707	$ 1,176,050