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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Real estate properties    
Land $ 45,594 $ 43,180
Building and improvements 537,437 505,623
Intangible lease assets 11,387 11,387
Furniture, fixtures and equipment 3,634 3,538
Less accumulated depreciation and amortization (59,611) (41,984)
Total real estate properties, net 538,441 521,744
Mortgage notes receivable, net 44,778 18,557
Note receivable 7,000  
Cash and cash equivalents 8,370 12,640
Other assets, net 34,200 28,662
Total Assets 632,789 581,603
Liabilities    
Debt 278,137 215,523
Accounts payable and accrued liabilities 5,691 6,605
Deferred revenue 1,601 2,722
Total liabilities 285,429 224,850
Commitments and contingencies
Equity    
Common stock, $0.01 par value. Authorized 400,000 shares; 31,841 and 31,836 issued and outstanding at December 31, 2018 and December 31, 2017, respectively 314 314
Additional paid in capital 378,716 375,690
Dividends declared (87,646) (67,691)
Retained earnings 49,859 44,196
Accumulated other comprehensive income 2,211 1,247
Total MedEquities Realty Trust, Inc. stockholders' equity 343,454 353,756
Noncontrolling interest 3,906 2,997
Total equity 347,360 356,753
Total Liabilities and Equity $ 632,789 $ 581,603