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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investments in real estate:    
Real estate $ 1,163,279 $ 990,810
Operating real estate 613,999 606,558
Real estate under construction 140,541 182,612
Net investments in direct financing leases 39,215 49,596
In-place lease intangible assets 269,608 260,469
Other intangible assets 34,312 32,082
Investments in real estate 2,260,954 2,122,127
Accumulated depreciation and amortization (211,380) (168,974)
Net investments in real estate 2,049,574 1,953,153
Notes receivable 66,500 66,500
Equity investment in real estate 20,777 14,694
Cash and cash equivalents 55,549 72,028
Other assets, net 78,521 79,545
Goodwill 25,280 23,526
Total assets 2,296,201 2,209,446
Debt:    
Non-recourse mortgages, net 1,067,350 1,019,158
Bonds payable, net 142,665 138,253
Debt, net 1,210,015 1,157,411
Accounts payable, accrued expenses and other liabilities 80,814 69,006
Due to affiliate 53,702 53,711
Deferred income taxes 61,678 42,419
Distributions payable 21,396 20,995
Total liabilities 1,427,605 1,343,542
Commitments and contingencies (Note 10)
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued 0 0
Additional paid-in capital 1,242,487 1,222,139
Distributions and accumulated losses (396,879) (360,673)
Accumulated other comprehensive loss (45,083) (61,704)
Total stockholders’ equity 800,665 799,899
Noncontrolling interests 67,931 66,005
Total equity 868,596 865,904
Total liabilities and equity 2,296,201 2,209,446
Class A common stock    
Debt:    
Common stock 109 107
Class C common stock    
Debt:    
Common stock $ 31 $ 30