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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Investment in real estate    
Land $ 696,792 $ 799,971
Buildings and improvements 900,173 829,168
Accumulated depreciation (137,947) (139,483)
Real Estate Investment Property, at Cost, Total 1,459,018 1,489,656
Construction in progress 292,049 224,904
Net investment in real estate 1,751,067 1,714,560
Real estate held for sale 3,094  
Investment in unconsolidated joint ventures 398,577 282,990
Cash and cash equivalents 532,857 241,569
Restricted cash 0 175,665
Tenant and other receivables, net 36,926 30,787
Lease intangible assets, net 123,656 310,098
Prepaid expenses, deferred expenses and other assets, net 29,899 20,148
Total assets 2,876,076 2,775,817
Liabilities    
Term loan facility, net 1,598,053  
Mortgage loans payable, net   1,202,314
Unsecured term loan, net   143,210
Accounts payable, accrued expenses and other liabilities 127,565 109,433
Total liabilities 1,725,618 1,454,957
Commitments and contingencies (Note 9)
Shareholders' Equity    
Additional paid-in capital 1,124,504 1,116,060
Accumulated deficit (344,132) (229,760)
Total shareholders' equity 780,770 886,696
Non-controlling interests 369,688 434,164
Total equity 1,150,458 1,320,860
Total liabilities and equity 2,876,076 2,775,817
Class A Common Shares [Member]    
Shareholders' Equity    
Common shares 357 324
Total equity 357 324
Class B Common Shares [Member]    
Shareholders' Equity    
Common shares 13 13
Total equity 13 13
Series A Preferred Shares [Member]    
Shareholders' Equity    
Preferred shares 28 28
Total equity $ 28 28
Class C Common Shares [Member]    
Shareholders' Equity    
Common shares   31
Total equity   $ 31