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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Investment properties:    
Land and improvements $ 160,718 $ 130,788
Building and improvements 2,080,192 1,284,863
Tenant improvements 11,519 9,243
Acquired lease intangibles 263,919 205,168
Gross real estate property 2,516,348 1,630,062
Accumulated depreciation (129,136) (91,250)
Net real estate property 2,387,212 1,538,812
Real estate loans receivable 38,774 39,349
Investment in unconsolidated entity 1,354 1,322
Net real estate investments 2,427,340 1,579,483
Cash and cash equivalents 37,945 3,143
Tenant receivables, net 3,427 2,977
Other assets 64,200 53,283
Total assets 2,532,912 1,638,886
Liabilities:    
Credit facility 369,685 389,375
Notes payable 149,561 0
Mortgage debt 114,296 94,240
Accounts payable 1,723 644
Dividends payable 31,771 20,783
Accrued expenses and other liabilities 38,593 24,473
Acquired lease intangibles, net 9,348 5,950
Total liabilities 714,977 535,465
Redeemable noncontrolling interest - Operating Partnership and partially owned properties 19,867 26,960
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 134,337,589 and 86,864,063 common shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively. 1,348 872
Additional paid-in capital 1,890,016 1,129,284
Accumulated deficit (153,243) (109,024)
Total shareholders’ equity 1,738,121 1,021,132
Noncontrolling interests:    
Operating Partnership 50,155 45,451
Partially owned properties 9,792 9,878
Total noncontrolling interests 59,947 55,329
Total equity 1,798,068 1,076,461
Total liabilities and equity $ 2,532,912 $ 1,638,886