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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Investment in real estate    
Land $ 799,971 $ 840,021
Buildings and improvements 829,168 839,663
Accumulated depreciation (139,483) (89,940)
Real Estate Investment Property, at Cost, Total 1,489,656 1,589,744
Construction in progress 224,904 55,208
Net investment in real estate 1,714,560 1,644,952
Investment in unconsolidated joint ventures 282,990 425,020
Cash and cash equivalents 241,569 52,026
Restricted cash 175,665 87,616
Tenant and other receivables, net 30,787 23,172
Lease intangible assets, net 310,098 464,399
Prepaid expenses, deferred expenses and other assets, net 20,148 15,052
Total assets 2,775,817 2,712,237
Liabilities    
Mortgage loans payable, net 1,202,314 1,166,871
Unsecured term loan, net 143,210  
Accounts payable, accrued expenses and other liabilities 109,433 121,055
Total liabilities 1,454,957 1,287,926
Commitments and contingencies (Note 9)
Shareholders' Equity    
Additional paid-in capital 1,116,060 925,563
Accumulated deficit (229,760) (121,338)
Total shareholders' equity 886,696 804,557
Non-controlling interests 434,164 619,754
Total equity 1,320,860 1,424,311
Total liabilities and equity 2,775,817 2,712,237
Class A Common Shares [Member]    
Shareholders' Equity    
Common shares 324 258
Total equity 324 258
Class B Common Shares [Member]    
Shareholders' Equity    
Common shares 13 16
Total equity 13 16
Class C Common Shares [Member]    
Shareholders' Equity    
Common shares 31 58
Total equity 31 $ 58
Series A Preferred Shares [Member]    
Shareholders' Equity    
Preferred shares 28  
Total equity $ 28