XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Investment property, net $ 1,403,538 $ 1,254,304
Investments in real estate-related securities 39,680 36,491
Cash and cash equivalents 74,213 45,875
Restricted cash 18,320 10,563
Derivative instruments 310 163
Tenant and other receivables, net 15,326 14,160
Intangible lease assets, net 103,546 98,537
Right-of-use asset, net 4,261 37,606
Deferred leasing costs, net 16,154 18,418
Deferred financing costs, net 1,708 2,311
Other assets 11,425 5,129
Assets held for sale 0 49,988
Total assets 1,688,481 1,573,545
Liabilities:    
Accounts payable and accrued expenses 31,858 29,838
Due to affiliates 36,540 42,782
Intangible lease liabilities, net 22,044 19,633
Operating lease liability 1,554 1,583
Other liabilities 18,605 21,428
Derivative instruments 0 1,079
Distributions payable 4,665 3,837
Note payable to affiliate 0 75,000
Notes payable, net 747,972 752,131
Liabilities associated with assets held for sale 0 34,713
Total liabilities 863,238 982,024
Commitments and contingencies (Note 11) 0 0
Stockholders’ equity:    
Preferred shares, $0.001 par value per share; 500,000 preferred shares authorized, none issued or outstanding as of September 30, 2020 and December 31, 2019 0 0
Common shares, $0.001 par value per share (Note 6) 99 83
Additional paid-in capital 896,686 735,545
Accumulated distributions in excess of earnings (78,207) (146,830)
Accumulated other comprehensive income (loss) 6,665 2,723
Total stockholders’ equity 825,243 591,521
Noncontrolling interests 0 0
Total equity 825,243 591,521
Total liabilities and equity $ 1,688,481 $ 1,573,545