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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real estate investments:    
Land $ 317,871 $ 12,061
Buildings and improvements 1,729,960 81,176
Furniture, fixtures and equipment 163,516 5,308
Total real estate investments 2,211,347 98,545
Less: accumulated depreciation and amortization (70,648) (2,796)
Total real estate investments, net 2,140,699 95,749
Cash and cash equivalents 46,829 131,861
Acquisition deposits 40,504 75,000
Restricted cash 71,288 3,437
Investments in unconsolidated entities 3,458 5,475
Below-market lease asset, net 10,225 8,060
Prepaid expenses and other assets 34,836 11,801
Deferred financing fees, net 18,774 1,991
Total Assets 2,366,613 333,374
Liabilities and Equity [Abstract]    
Mortgage notes payable 1,357,080 45,500
Promissory notes payable 0 64,849
Mandatorily redeemable preferred securities 294,523 0
Accounts payable and accrued expenses 67,255 14,219
Due to affiliates 6,546 7,011
Total Liabilities 1,725,404 131,579
Equity    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 36,300,777 and 10,163,206 shares issued and outstanding, respectively 363 102
Additional paid-in capital 793,786 221,379
Deficit (155,680) (19,686)
Total equity of American Realty Capital Hospitality Trust, Inc. stockholders 638,469 201,795
Non-controlling interest - consolidated variable interest entity 2,740 0
Total Equity 641,209 201,795
Total Liabilities, Non-controlling Interest and Equity $ 2,366,613 $ 333,374