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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Real estate properties    
Land $ 45,281 $ 43,180
Building and improvements 527,651 505,623
Intangible lease assets 11,387 11,387
Furniture, fixtures and equipment 3,538 3,538
Less accumulated depreciation and amortization (50,567) (41,984)
Total real estate properties, net 537,290 521,744
Mortgage notes receivable, net 42,773 18,557
Note receivable 7,000  
Cash and cash equivalents 4,172 12,640
Other assets, net 37,107 28,662
Total Assets 628,342 581,603
Liabilities    
Debt, net 264,406 215,523
Accounts payable and accrued liabilities 5,825 6,605
Deferred revenue 1,751 2,722
Total liabilities 271,982 224,850
Commitments and contingencies
Equity    
Common stock, $0.01 par value. Authorized 400,000 shares; 31,885 and 31,836 issued and outstanding at June 30, 2018 and December 31, 2017, respectively 314 314
Additional paid in capital 377,685 375,690
Dividends declared (81,340) (67,691)
Retained earnings 52,597 44,196
Accumulated other comprehensive income 3,769 1,247
Total MedEquities Realty Trust, Inc. stockholders' equity 353,025 353,756
Noncontrolling interest 3,335 2,997
Total equity 356,360 356,753
Total Liabilities and Equity $ 628,342 $ 581,603