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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Land $ 2,068,460 $ 1,927,098
Buildings and improvements 1,748,675 1,680,178
Tenant improvements 75,341 72,179
Furniture, fixtures and equipment 141 141
Construction in progress 26,791 18,794
Total real estate held for investment 3,919,408 3,698,390
Accumulated depreciation (316,812) (296,777)
Investments in real estate, net 3,602,596 3,401,613
Cash and cash equivalents 112,432 78,857
Restricted cash 46 0
Rents and other receivables, net 5,859 5,889
Deferred rent receivable, net 31,339 29,671
Deferred leasing costs, net 19,482 18,688
Deferred loan costs, net 2,770 695
Acquired lease intangible assets, net 76,138 73,090
Acquired indefinite-lived intangible 5,156 5,156
Interest rate swap asset 0 766
Other assets 10,717 9,671
Acquisition related deposits 5,896 14,526
Total Assets 3,872,431 3,638,622
Liabilities    
Notes payable 903,802 857,842
Interest rate swap liability 22,690 8,488
Accounts payable, accrued expenses and other liabilities 39,000 31,112
Dividends payable 25,931 21,624
Acquired lease intangible liabilities, net 63,914 59,340
Tenant security deposits 30,342 28,779
Prepaid rents 8,074 8,988
Total Liabilities 1,093,753 1,016,173
Rexford Industrial Realty, Inc. stockholders’ equity    
Common Stock, $0.01 par value per share, 489,950,000 authorized and 116,331,347 and 113,793,300 shares outstanding at March 31, 2020 and December 31, 2019, respectively 1,162 1,136
Additional paid in capital 2,524,274 2,439,007
Cumulative distributions in excess of earnings (132,843) (118,751)
Accumulated other comprehensive loss (21,950) (7,542)
Total stockholders’ equity 2,612,970 2,556,177
Noncontrolling interests 165,708 66,272
Total Equity 2,778,678 2,622,449
Total Liabilities and Equity 3,872,431 3,638,622
5.875% series A cumulative redeemable preferred stock, 3,600,000 shares outstanding at March 31, 2020 and December 31, 2019 ($90,000 liquidation preference)    
Rexford Industrial Realty, Inc. stockholders’ equity    
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized, at March 31, 2020 and December 31, 2019 86,651 86,651
5.875% series B cumulative redeemable preferred stock, 3,000,000 shares outstanding at March 31, 2020 and December 31, 2019 ($75,000 liquidation preference)    
Rexford Industrial Realty, Inc. stockholders’ equity    
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized, at March 31, 2020 and December 31, 2019 72,443 72,443
5.625% series C cumulative redeemable preferred stock, 3,450,000 shares outstanding at March 31, 2020 and December 31, 2019 ($86,250 liquidation preference)    
Rexford Industrial Realty, Inc. stockholders’ equity    
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized, at March 31, 2020 and December 31, 2019 $ 83,233 $ 83,233