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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets:    
Real estate investments, net $ 893,918 $ 645,614
Other real estate investments 13,872 8,477
Cash and cash equivalents 7,500 11,467
Accounts receivable 5,896 2,342
Prepaid expenses and other assets 1,369 2,083
Deferred financing costs, net 2,803 3,183
Total assets 925,358 673,166
Liabilities and Equity:    
Senior unsecured notes payable, net 255,294 254,229
Line of credit   45,000
Mortgage notes payable, net 0 94,676
Accounts payable and accrued liabilities 12,137 9,269
Dividends payable 11,075 7,704
Total liabilities 472,928 410,878
Commitments and contingencies
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2016 and 2015 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 64,816,350 and 47,664,742 shares issued and outstanding as of December 31, 2016 and 2015, respectively 648 477
Additional paid-in capital 611,475 410,217
Cumulative distributions in excess of earnings (159,693) (148,406)
Total equity 452,430 262,288
Total liabilities and equity 925,358 673,166
Senior unsecured term loan, net [Member]    
Liabilities and Equity:    
Line of credit 99,422 0
Unsecured revolving credit facility [Member]    
Liabilities and Equity:    
Line of credit $ 95,000 $ 45,000