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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets:    
Real estate investments, net $ 1,402,889 $ 1,589,971
Other real estate investments 15,155 15,155
Assets held for sale, net 141,716 4,835
Cash and cash equivalents 26,586 19,895
Accounts and other receivables 1,110 2,418
Prepaid expenses and other assets, net 5,668 7,512
Deferred financing costs, net 817 1,062
Total assets 1,593,941 1,640,848
Liabilities and Equity:    
Senior unsecured notes payable, net 394,484 394,262
Senior unsecured term loan, net 199,189 199,136
Unsecured revolving credit facility 105,000 80,000
Accounts payable, accrued liabilities and deferred rent liabilities 23,785 25,408
Dividends payable 26,900 26,285
Total liabilities 749,358 725,091
Commitments and contingencies
Equity:    
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 96,487,066 and 96,296,673 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 965 963
Additional paid-in capital 1,195,586 1,196,839
Cumulative distributions in excess of earnings (351,968) (282,045)
Total equity 844,583 915,757
Total liabilities and equity $ 1,593,941 $ 1,640,848