CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Operating Real Estate Investments
Land	$ 231,170	$ 202,347
Buildings and improvements	1,038,797	935,604
Intangible lease assets	2,438	3,049
Construction in progress	1,594	1,881
Furniture, fixtures, and equipment	66,661	61,456
Total Gross Operating Real Estate Investments	1,340,660	1,204,337
Accumulated depreciation and amortization	(146,473)	(134,124)
Total Net Operating Real Estate Investments	1,194,187	1,070,213
Real estate held for sale, net of accumulated depreciation of $897 and $897, respectively	17,347	17,329
Total Net Real Estate Investments	1,211,534	1,087,542
Cash and cash equivalents	20,536	19,864
Restricted cash	17,747	23,265
Accounts receivable	3,418	3,340
Prepaid and other assets	3,807	9,058
Fair market value of interest rate swaps	12,467	18,141
TOTAL ASSETS	1,269,509	1,161,210
Liabilities:
Mortgages payable, net	903,143	824,702
Mortgages payable held for sale, net	13,269	13,318
Credit facility, net	51,910
Accounts payable and other accrued liabilities	5,795	5,765
Accrued real estate taxes payable	5,480	12,607
Accrued interest payable	3,210	2,852
Security deposit liability	1,955	1,889
Prepaid rents	1,616	1,482
Total Liabilities	986,378	862,615
Redeemable noncontrolling interests in the Operating Partnership	2,808	2,567
Stockholders' Equity:
Preferred stock, $0.01 par value: 100,000,000 shares authorized; 0 shares issued
Common stock, $0.01 par value: 500,000,000 shares authorized; 23,643,277 and 23,499,635 shares issued and outstanding, respectively	235	234
Additional paid-in capital	286,580	285,511
Accumulated earnings less dividends	(17,891)	(6,764)
Accumulated other comprehensive income	11,399	17,047
Total Stockholders' Equity	280,323	296,028
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,269,509	$ 1,161,210