Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents		$ 28,540	$ 33,164
Restricted cash		12,722	12,886
Real estate:
Land		122,482	122,482
Building and improvements		815,722	815,721
Tenant origination and absorption cost		240,364	240,364
Construction in progress		383	299
Total real estate		1,178,951	1,178,866
Less: accumulated depreciation and amortization		(94,903)	(83,905)
Total real estate, net		1,084,048	1,094,961
Intangible assets, net		3,202	3,294
Due from affiliates		974	686
Deferred rent		25,667	22,733
Other assets, net		15,680	12,224
Total assets		1,170,833	1,179,948
LIABILITIES AND EQUITY
Revolving Credit Facility		355,814	355,561
AIG Loan		126,308	126,287
Total debt		482,122	481,848
Restricted reserves		13,270	13,368
Accrued expenses and other liabilities		19,925	19,903
Distributions payable		1,753	1,689
Due to affiliates		15,879	16,896
Below market leases, net		50,046	51,295
Total liabilities		582,995	584,999
Commitments and contingencies
Common stock subject to redemption		33,542	32,405
Stockholders' equity:
Common Stock, $0.001 par value - Authorized:800,000,000; 77,567,145 and 77,175,283 shares outstanding in the aggregate, as of March 31, 2018 and December 31, 2017, respectively	[1]	77	76
Additional paid-in capital		656,886	656,705
Cumulative distributions		(93,072)	(82,590)
Accumulated deficit		(11,869)	(12,672)
Accumulated other comprehensive income		1,023	949
Total stockholders' equity		553,045	562,468
Noncontrolling interests		1,251	76
Total equity		554,296	562,544
Total liabilities and equity		$ 1,170,833	$ 1,179,948

[1] See Note 8, Equity, for the number of shares outstanding of each class of common stock as of March 31, 2018 and December 31, 2017.