CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2016
CASH FLOW FROM OPERATING ACTIVITIES
Net loss	$ (31,853)	$ (64,526)
Adjustments to reconcile net loss to net cash provided by operating activities:
Equity in income of unconsolidated joint ventures	(2,720)	(4,495)
Distributions from unconsolidated joint ventures	2,598	11,872
Unrealized loss on interest rate cap	2,814	1,898
Stock-based compensation	716	801
Depreciation and amortization	32,935	121,365
Amortization of deferred financing costs	1,324	4,021
Amortization of above and below market leases, net	(194)	(520)
Straight-line rent adjustment	(3,923)	(11,242)
Change in operating assets and liabilities
Tenants and other receivables	(662)	8,425
Prepaid expenses, deferred expenses and other assets	(12,939)	8,496
Restricted cash	(2,856)	(1,047)
Accounts payable, accrued expenses and other liabilities	22,292	24,043
Net cash provided by operating activities	7,532	99,091
CASH FLOW FROM INVESTING ACTIVITIES
Acquisition of real estate and unconsolidated joint ventures	(2,653,019)
Development of real estate	(3,896)	(47,236)
Decrease (increase) in restricted cash	(74,830)	11,732
Net cash used in investing activities	(2,731,745)	(35,504)
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from issuance of mortgage loans payable, net	1,161,196
Proceeds from Future Funding Facility		19,239
Payment of deferred financing costs	(21,431)	(6)
Proceeds from issuance of common stock and non-controlling interest	1,644,042
Offering related costs	(8,086)
Common dividends paid		(31,482)
Non-controlling interests distributions paid		(24,176)
Net cash used by financing activities	2,775,721	(36,425)
Net increase in cash and cash equivalents	51,508	27,162
Cash and cash equivalents, beginning of period		62,867
Cash and cash equivalents, end of period	51,508	90,029
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash payments for interest	11,001	45,495
Capitalized interest		2,198
Income taxes paid	451	412
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Development of real estate financed with accounts payable	$ 6,214	3,442
Dividends and distribution declared and unpaid		$ 13,954