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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Real estate investments, at cost:    
Land $ 207,335 $ 209,284
Buildings, fixtures and improvements 2,004,116 2,006,745
Construction in progress 0 80,598
Acquired intangible assets 269,616 256,452
Total real estate investments, at cost 2,481,067 2,553,079
Less: accumulated depreciation and amortization (427,476) (381,909)
Total real estate investments, net 2,053,591 2,171,170
Assets held for sale 70,839 52,397
Cash and cash equivalents 95,691 77,264
Restricted cash, end of period 15,908 14,094
Restricted cash 15,908 14,094
Derivative assets, at fair value 392 4,633
Straight-line rent receivable, net 21,182 17,351
Operating lease right-of-use assets 14,351  
Prepaid expenses and other assets (including $394 and $154 due from related parties as of December 31, 2019 and 2018, respectively) 39,707 28,785
Deferred costs, net 13,642 11,752
Total assets 2,325,303 2,377,446
LIABILITIES AND EQUITY    
Mortgage notes payable, net 528,284 462,839
Credit facilities, net 605,269 602,622
Market lease intangible liabilities, net 12,052 17,104
Derivative liabilities, at fair value 5,305 0
Accounts payable and accrued expenses (including $0 and $764 due to related parties as of December 31, 2019 and 2018, respectively) 43,094 40,298
Operating lease liabilities 9,133  
Deferred rent 8,521 7,011
Distributions payable 6,901 6,638
Total liabilities 1,218,559 1,136,512
Stockholders’ Equity    
7.375% Series A cumulative redeemable perpetual preferred stock, $0.01 par value, 1,610,000 and none authorized, 1,610,000 and none issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 16 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 92,356,664 and 91,963,532 shares of common stock issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 923 919
Additional paid-in capital 2,078,628 2,031,967
Accumulated other comprehensive (loss) income (7,043) 4,582
Distributions in excess of accumulated earnings (971,190) (804,331)
Total stockholders’ equity 1,101,334 1,233,137
Non-controlling interests 5,410 7,797
Total equity 1,106,744 1,240,934
Total liabilities and equity $ 2,325,303 $ 2,377,446