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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Investment in unconsolidated joint venture partnerships $ 132,160 $ 113,869
Cash and cash equivalents 15,757 5,698
Restricted cash 0 65
Due from affiliates 0 326
Other assets 3,090 13,638
Assets held for sale 2,642,129 2,698,028
Total assets 2,793,136 2,831,624
Liabilities    
Accounts payable and accrued liabilities 700 2,322
Debt, net 876,569 820,884
Due to affiliates 246 217
Distributions payable 23,268 23,953
Distribution fees payable to affiliates 10,188 18,492
Other liabilities 0 7,927
Liabilities related to assets held for sale 771,573 777,471
Total liabilities 1,682,544 1,651,266
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Preferred stock, $0.01 par value - 200,000 shares authorized, none issued and outstanding 0 0
Additional paid-in capital 1,607,894 1,582,846
Accumulated deficit (501,597) (420,697)
Accumulated other comprehensive income 2,514 16,438
Total shareholders’ equity 1,110,591 1,180,357
Noncontrolling interests 1 1
Total equity 1,110,592 1,180,358
Total liabilities and equity 2,793,136 2,831,624
Class A    
Shareholders’ equity:    
Common stock, value 1,060 1,057
Class T    
Shareholders’ equity:    
Common stock, value $ 720 $ 713