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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Investment properties:    
Land and improvements $ 172,685 $ 130,788
Building and improvements 2,220,448 1,284,863
Tenant improvements 12,627 9,243
Acquired lease intangibles 282,798 205,168
Gross real estate property 2,688,558 1,630,062
Accumulated depreciation (153,815) (91,250)
Net real estate property 2,534,743 1,538,812
Real estate loans receivable 43,817 39,349
Investment in unconsolidated entity 1,326 1,322
Net real estate investments 2,579,886 1,579,483
Cash and cash equivalents 8,396 3,143
Tenant receivables, net 9,551 2,977
Other assets 72,814 53,283
Total assets 2,670,647 1,638,886
Liabilities:    
Credit facility 448,321 389,375
Notes payable 224,339 0
Mortgage debt 113,736 94,240
Accounts payable 2,222 644
Dividends and distributions payable 31,755 20,783
Accrued expenses and other liabilities 46,574 24,473
Intangible Liabilities Net 9,399 5,950
Total liabilities 876,346 535,465
Redeemable noncontrolling interest - Operating Partnership and partially owned properties 25,891 26,960
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 134,620,300 and 86,864,063 common shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 1,349 872
Additional paid-in capital 1,893,745 1,129,284
Accumulated deficit (174,227) (109,024)
Accumulated other comprehensive income 652 0
Total shareholders’ equity 1,721,519 1,021,132
Noncontrolling interests:    
Operating Partnership 46,138 45,451
Partially owned properties 753 9,878
Total noncontrolling interests 46,891 55,329
Total equity 1,768,410 1,076,461
Total liabilities and equity $ 2,670,647 $ 1,638,886