XML 20 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investment in real estate:    
Land and improvements $ 526,435 $ 520,526
Building and improvements 1,064,058 1,047,758
Acquired in-place lease assets 160,261 158,510
Acquired above-market lease assets 15,017 14,742
Total investment in property 1,765,771 1,741,536
Accumulated depreciation and amortization (195,514) (157,290)
Net investment in property 1,570,257 1,584,246
Investment in unconsolidated joint venture 11,101 16,076
Total investment in real estate assets, net 1,581,358 1,600,322
Cash and cash equivalents 3,440 1,435
Restricted cash 4,381 4,382
Other assets, net 55,546 46,178
Total assets 1,644,725 1,652,317
Liabilities:    
Debt obligations, net 802,021 775,275
Acquired below-market lease liabilities, net of accumulated amortization of $13,287 and $10,959, respectively 53,230 54,994
Accounts payable - affiliates 1,628 1,808
Accounts payable and other liabilities 33,043 36,961
Total liabilities 889,922 869,038
Commitments and contingencies (Note 8) 0 0
Equity:    
Preferred stock, $0.01 par value per share, 10,000 shares authorized, zero shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 0 0
Common stock, $0.01 par value per share, 1,000,000 shares authorized, 46,745 and 46,584 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 470 468
Additional paid-in capital 1,035,362 1,031,685
Accumulated other comprehensive income (“AOCI”) 14,337 6,459
Accumulated deficit (295,366) (255,333)
Total equity 754,803 783,279
Total liabilities and equity $ 1,644,725 $ 1,652,317