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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Rental revenue $ 101,762 $ 68,006 $ 58,824
Total revenues 103,883 69,069 59,724
Expenses:      
Property operating expenses 25,198 13,774 9,663
Real property taxes 11,753 8,601 9,387
Property management fees 4,036 1,845 1,061
Depreciation and amortization 46,193 32,478 29,687
Acquisition related expenses 161 144 3,212
Asset management and acquisition fees 7,985 5,004 11,681
Performance participation allocation 7,713 5,954 251
General and administrative expenses 3,652 3,131 2,803
Total expenses 106,691 70,931 67,745
Other income (expenses):      
Gain (loss) on derivative instruments (2,292) (272) (372)
Gain (loss) on investments in real estate-related securities 2,317 (401) 0
Gain on sale of real estate 0 14,491 0
Foreign currency gains (losses) (617) (438) 494
Interest expense (18,608) (12,649) (9,453)
Interest and other income 1,480 261 83
Income (loss) before benefit (provision) for income taxes (20,528) (870) (17,269)
Benefit (provision) for income taxes 980 (9) 83
Net income (loss) (19,548) (879) (17,186)
Net (income) loss attributable to noncontrolling interests (13) (13) (12)
Net income (loss) attributable to common stockholders $ (19,561) $ (892) $ (17,198)
Net income (Loss) Per Share; common stock:      
Basic and diluted income (loss) per share (usd per share) $ (0.31) $ (0.02) $ (0.48)
Weighted average number of common shares outstanding, shares 63,039 40,468 35,808
Comprehensive income (loss):      
Net income (loss) $ (19,548) $ (879) $ (17,186)
Other comprehensive income (loss):      
Foreign currency translation adjustment 3,597 (5,812) 7,693
Comprehensive income (loss) (15,951) (6,691) (9,493)
Comprehensive (income) loss attributable to noncontrolling interests (13) (13) (12)
Comprehensive income (loss) attributable to common stockholders (15,964) (6,704) (9,505)
Other revenue      
Revenues:      
Total revenues $ 2,121 $ 1,063 $ 900