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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real estate investments, at cost:    
Land $ 192,790 $ 113,461
Buildings, fixtures and improvements 1,885,713 1,362,387
Construction in progress 21,309 0
Acquired intangible assets 241,459 186,849
Total real estate investments, at cost 2,341,271 1,662,697
Less: accumulated depreciation and amortization (146,669) (30,947)
Total real estate investments, net 2,194,602 1,631,750
Cash and cash equivalents 24,474 182,617
Restricted cash 4,647 1,778
Investment securities, at fair value 1,078 20,286
Receivable for sale of common stock 0 6
Straight-line rent receivable, net 11,470 2,325
Prepaid expenses and other assets 21,707 14,711
Deferred costs, net 14,014 4,237
Total assets 2,271,992 1,857,710
LIABILITIES AND EQUITY    
Mortgage notes payable 159,455 65,786
Mortgage premiums, net 2,403 2,844
Credit facility 430,000 0
Market lease intangible liabilities, net 22,994 19,535
Accounts payable and accrued expenses (including $536 and $970 due to related parties as of December 31, 2015 and 2014, respectively) 38,449 22,248
Deferred rent 4,356 3,023
Distributions payable 12,518 12,097
Total liabilities 670,175 125,533
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of December 31, 2015 and 2014 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 86,135,411 and 83,718,853 shares of common stock issued and outstanding as of December 31, 2015 and 2014, respectively 861 837
Additional paid-in capital 1,907,549 1,850,169
Accumulated other comprehensive income (loss) (6) 463
Accumulated deficit (316,284) (129,406)
Total stockholders' equity 1,592,120 1,722,063
Non-controlling interest 9,697 10,114
Total equity 1,601,817 1,732,177
Total liabilities and equity $ 2,271,992 $ 1,857,710