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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investment properties:    
Land and improvements $ 207,034 $ 189,759
Building and improvements 3,117,371 2,402,643
Tenant improvements 18,561 14,133
Acquired lease intangibles 381,875 301,462
Gross real estate property 3,724,841 2,907,997
Accumulated depreciation (229,633) (181,785)
Net real estate property 3,495,208 2,726,212
Real estate loans receivable 47,923 39,154
Investment in unconsolidated entity 2,232 2,258
Net real estate investments 3,545,363 2,767,624
Cash and cash equivalents 11,509 15,491
Tenant receivables, net 5,991 9,790
Other assets 103,028 95,187
Total assets 3,665,891 2,888,092
Liabilities:    
Credit facility 603,585 643,742
Notes payable 619,675 224,330
Mortgage debt 173,958 123,083
Accounts payable 5,071 4,423
Dividends and distributions payable 38,381 32,179
Accrued expenses and other liabilities 51,042 42,287
Acquired lease intangibles, net 15,183 9,253
Total liabilities 1,506,895 1,079,297
Redeemable noncontrolling interest - Series A Preferred Units (2016) and partially owned properties 11,967 26,477
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 157,677,566 and 135,966,013 common shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 1,576 1,360
Additional paid-in capital 2,313,443 1,920,644
Accumulated deficit (252,647) (197,261)
Accumulated other comprehensive income 12,928 13,708
Total shareholders’ equity 2,075,300 1,738,451
Noncontrolling interests:    
Operating Partnership   43,142
Partially owned properties   725
Total noncontrolling interests 71,729 43,867
Total equity 2,147,029 1,782,318
Total liabilities and equity 3,665,891 2,888,092
Operating Partnership    
Investment properties:    
Land and improvements 207,034 189,759
Building and improvements 3,117,371 2,402,643
Tenant improvements 18,561 14,133
Acquired lease intangibles 381,875 301,462
Gross real estate property 3,724,841 2,907,997
Accumulated depreciation (229,633) (181,785)
Net real estate property 3,495,208 2,726,212
Real estate loans receivable 47,923 39,154
Investment in unconsolidated entity 2,232 2,258
Net real estate investments 3,545,363 2,767,624
Cash and cash equivalents 11,509 15,491
Tenant receivables, net 5,991 9,790
Other assets 103,028 95,187
Total assets 3,665,891 2,888,092
Liabilities:    
Credit facility 603,585 643,742
Notes payable 619,675 224,330
Mortgage debt 173,958 123,083
Accounts payable 5,071 4,423
Dividends and distributions payable 38,381 32,179
Accrued expenses and other liabilities 51,042 42,287
Acquired lease intangibles, net 15,183 9,253
Total liabilities 1,506,895 1,079,297
Redeemable noncontrolling interest - Series A Preferred Units (2016) and partially owned properties 11,967 26,477
Equity:    
General partners’ capital, 157,677,566 and 135,966,013 units issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 2,062,372 1,724,743
Limited partners’ capital, 5,399,265 and 3,436,207 units issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 71,091 43,142
Accumulated other comprehensive income 12,928 13,708
Total partners’ capital 2,146,391 1,781,593
Noncontrolling interests:    
Noncontrolling interest - partially owned properties 638 725
Total capital 2,147,029 1,782,318
Total liabilities and equity 3,665,891 2,888,092
Operating Partnership Noncontrolling Interest    
Noncontrolling interests:    
Operating Partnership 71,091  
Total equity 71,091 43,142
Partially Owned Properties Noncontrolling Interest    
Noncontrolling interests:    
Partially owned properties 638  
Total equity 638 725
Partially Owned Properties Noncontrolling Interest | Operating Partnership    
Noncontrolling interests:    
Total capital $ 638 $ 725