Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets:
Real estate investments, net	$ 645,614	$ 436,215
Other real estate investments	8,477	7,532
Cash and cash equivalents	11,467	25,320
Accounts receivable (related party receivables of $0 at December 31, 2015 and $2,275 at December 31, 2014 - Note 6)	2,342	2,291
Prepaid expenses and other assets	2,083	809
Deferred financing costs, net	3,183	2,973
Total assets	673,166	475,140
Liabilities and Equity:
Senior unsecured notes payable, net	254,229	253,165
Unsecured revolving credit facility	45,000	0
Mortgage notes payable, net	94,676	97,608
Accounts payable and accrued liabilities	9,269	6,959
Dividends payable	7,704	3,946
Total liabilities	$ 410,878	$ 361,678
Commitments and contingencies
Equity:
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2015 and 2014	$ 0	$ 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 47,664,742 and 31,251,157 shares issued and outstanding as of December 31, 2015 and 2014, respectively	477	313
Additional paid-in capital	410,217	246,041
Cumulative distributions in excess of earnings	(148,406)	(132,892)
Total equity	262,288	113,462
Total liabilities and equity	$ 673,166	$ 475,140