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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets:    
Real estate investments, net $ 459,515 $ 436,215
Other real estate investments 7,987 7,532
Cash and cash equivalents 29,904 25,320
Accounts receivable (related party receivables of $0 at June 30, 2015 and $2,275 at December 31, 2014) 2,036 2,291
Prepaid expenses and other assets 2,292 809
Deferred financing costs, net 9,442 10,405
Total assets 511,176 482,572
Liabilities and Equity:    
Senior unsecured notes payable 260,000 260,000
Mortgage notes payable 96,854 98,205
Secured revolving credit facility 35,000 0
Accounts payable and accrued liabilities 5,946 6,959
Dividends payable 5,090 3,946
Total liabilities $ 402,890 $ 369,110
Commitments and contingencies    
Equity:    
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of June 30, 2015 and December 31, 2014 $ 0 $ 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 31,306,782 and 31,251,157 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively 313 313
Additional paid-in capital 246,701 246,041
Cumulative distributions in excess of earnings (138,728) (132,892)
Total equity 108,286 113,462
Total liabilities and equity $ 511,176 $ 482,572