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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Land $ 683,919 $ 492,704
Buildings and improvements 811,614 650,075
Tenant improvements 38,644 28,977
Furniture, fixtures, and equipment 174 188
Construction in progress 17,778 16,822
Total real estate held for investment 1,552,129 1,188,766
Accumulated depreciation (135,140) (103,623)
Investments in real estate, net 1,416,989 1,085,143
Cash and cash equivalents 15,525 5,201
Notes receivable 5,934 0
Rents and other receivables, net 2,749 3,040
Deferred rent receivable, net 11,873 7,827
Deferred leasing costs, net 8,672 5,331
Deferred loan costs, net 847 1,445
Acquired lease intangible assets, net 36,365 30,383
Acquired indefinite-lived intangible 5,170 5,271
Interest rate swap asset 5,594 0
Other assets 5,290 5,523
Investment in unconsolidated real estate entities 0 4,087
Total Assets 1,515,008 1,153,251
Liabilities    
Notes payable 500,184 418,154
Interest rate swap liability 2,045 3,144
Accounts payable, accrued expenses and other liabilities 13,585 12,631
Dividends payable 9,282 7,806
Acquired lease intangible liabilities, net 9,130 3,387
Tenant security deposits 15,187 11,539
Prepaid rents 3,455 2,846
Total Liabilities 552,868 459,507
Rexford Industrial Realty, Inc. stockholders’ equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized; 5.875% series A cumulative redeemable preferred stock, liquidation preference $25.00 per share, 3,600,000 and zero shares outstanding as of December 31, 2016 and December 31, 2015, respectively ($90,000 liquidation preference) 86,651 0
Common Stock, $0.01 par value 490,000,000 authorized and 66,454,375 and 55,598,684 outstanding as of December 31, 2016 and December 31, 2015, respectively 662 553
Additional paid in capital 907,834 722,722
Cumulative distributions in excess of earnings (59,277) (48,103)
Accumulated other comprehensive income (loss) 3,445 (3,033)
Total stockholders’ equity 939,315 672,139
Noncontrolling interests 22,825 21,605
Total Equity 962,140 693,744
Total Liabilities and Equity $ 1,515,008 $ 1,153,251