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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investments in real estate, net:    
Land $ 203,368 $ 206,392
Buildings, fixtures and improvements 2,083,478 2,117,896
Acquired intangible assets 287,983 288,372
Total real estate investments, at cost 2,574,829 2,612,660
Less: accumulated depreciation and amortization (563,718) (562,733)
Total real estate investments, net 2,011,111 2,049,927
Cash and cash equivalents 66,424 59,738
Restricted cash 26,423 25,644
Derivative assets, at fair value 13,321 174
Straight-line rent receivable, net 24,252 23,858
Operating lease right-of-use assets 7,889 7,914
Prepaid expenses and other assets (including $172 and $929 due from related parties as of March 31, 2022 and December 31, 2021, respectively) 30,492 32,564
Deferred costs, net 14,139 14,581
Total assets 2,194,051 2,214,400
LIABILITIES AND EQUITY    
Mortgage notes payable, net 581,711 584,239
Credit facilities, net 501,988 502,051
Market lease intangible liabilities, net 10,549 10,943
Derivative liabilities, at fair value 0 13,903
Accounts payable and accrued expenses (including $391 and $47 due to related parties as of March 31, 2022 and December 31, 2021) 41,242 42,709
Operating lease liabilities 8,120 8,130
Deferred rent 6,851 8,619
Distributions payable 3,496 3,406
Total liabilities 1,153,957 1,174,000
Common stock, $0.01 par value, 300,000,000 shares authorized, 100,737,224 shares and 99,281,754 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 1,007 993
Additional paid-in capital 2,350,902 2,329,839
Accumulated other comprehensive income (loss) 11,925 (14,341)
Distributions in excess of accumulated earnings (1,330,730) (1,282,871)
Total stockholders’ equity 1,033,180 1,033,696
Non-controlling interests 6,914 6,704
Total equity 1,040,094 1,040,400
Total liabilities and equity 2,194,051 2,214,400
Series A Preferred Stock    
LIABILITIES AND EQUITY    
Preferred stock 40 40
Series B Preferred Stock    
LIABILITIES AND EQUITY    
Preferred stock $ 36 $ 36