Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Real estate properties, net	$ 2,040,468	$ 1,988,726
Cash and cash equivalents	14,519	12,012
Restricted cash	4,088	3,537
Deposits on acquisitions	1,800	1,800
Rents receivable	27,219	27,788
Accounts receivable	14,750	15,820
Deferred financing, net	1,571	1,749
Intangible assets, net	171,883	168,625
Interest rate swaps		541
Prepaid expenses and other assets	31,027	13,991
Total assets	2,307,325	2,234,589
Liabilities
Revolving credit facility	36,000
Term loan facilities, net	248,693	248,602
Notes payable, net	446,987	446,927
Mortgage notes payable, net	205,471	206,312
Intangible liabilities, net	31,219	24,578
Deferred revenue	74,608	54,659
Interest rate swaps	15,142	5,837
Accounts payable, accrued expenses and other liabilities	52,003	47,833
Total liabilities	1,110,123	1,034,748
Equity
Common stock, par value $0.01, 200,000,000 shares authorized, 75,077,197 and 74,832,292 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	751	748
Additional paid-in capital	1,270,758	1,257,319
Retained earnings	21,701	20,004
Cumulative dividends	(230,276)	(210,760)
Accumulated other comprehensive loss	(13,276)	(4,690)
Total stockholders’ equity	1,049,658	1,062,621
Non-controlling interest in Operating Partnership	147,544	137,220
Total equity	1,197,202	1,199,841
Total liabilities and equity	$ 2,307,325	$ 2,234,589