Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents		$ 54,830	$ 48,478
Restricted cash		58,430	15,807
Real estate:
Land		458,339	350,470
Building and improvements		3,043,527	2,165,016
Tenant origination and absorption cost		744,773	530,181
Construction in progress		31,794	27,697
Total real estate		4,278,433	3,073,364
Less: accumulated depreciation and amortization		(668,104)	(538,412)
Total real estate, net		3,610,329	2,534,952
Investments in unconsolidated entities		11,028	30,565
Intangible assets, net		12,780	17,099
Deferred rent receivable		73,012	55,163
Deferred leasing costs, net		49,390	29,958
Goodwill		229,948	229,948
Due from affiliates		837	19,685
Right of use asset		41,347
Other assets		33,571	31,120
Total assets		4,175,502	3,012,775
LIABILITIES AND EQUITY
Debt, net		1,969,104	1,353,531
Restricted reserves		14,064	8,201
Interest rate swap liability		24,146	6,962
Redemptions payable		96,648	0
Distributions payable		15,530	12,248
Due to affiliates		10,883	42,406
Intangible liabilities, net		31,805	23,115
Lease liability		45,020
Accrued expenses and other liabilities		96,389	80,616
Total liabilities		2,303,589	1,527,079
Commitments and contingencies
Noncontrolling interests subject to redemption; 554,110 and 531,161 units as of December 31, 2019 and December 31, 2018, respectively		4,831	4,887
Stockholders’ equity:
Common stock, $0.001 par value; 800,000,000 shares authorized; 227,853,720 and 174,278,341 shares outstanding in the aggregate as of December 31, 2019 and December 31, 2018, respectively (1)	[1]	228	174
Additional paid-in-capital		2,060,604	1,556,770
Cumulative distributions		(715,792)	(570,977)
Accumulated earnings		153,312	128,525
Accumulated other comprehensive loss		(21,875)	(2,409)
Total stockholders’ equity		1,476,477	1,112,083
Noncontrolling interests		245,040	232,203
Total equity		1,721,517	1,344,286
Total liabilities and equity		4,175,502	3,012,775
Perpetual Convertible Preferred Shares
LIABILITIES AND EQUITY
Perpetual convertible preferred shares and Common stock subject to redemption		125,000	125,000
Common Stock
LIABILITIES AND EQUITY
Perpetual convertible preferred shares and Common stock subject to redemption		$ 20,565	$ 11,523

[1] See Note 10, Equity, for the number of shares outstanding of each class of common stock as of December 31, 2019.