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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Investment in real estate    
Land $ 667,004 $ 696,792
Buildings and improvements 1,112,653 900,173
Accumulated depreciation (147,696) (137,947)
Real Estate Investment Property, at Cost, Total 1,631,961 1,459,018
Construction in progress 338,672 292,049
Net investment in real estate 1,970,633 1,751,067
Real estate held for sale 5,275 3,094
Investment in unconsolidated joint ventures 445,077 398,577
Cash and cash equivalents 139,260 532,857
Tenant and other receivables, net 54,470 36,926
Lease intangible assets, net 68,153 123,656
Prepaid expenses, deferred expenses and other assets, net 67,744 29,899
Total assets 2,750,612 2,876,076
Liabilities    
Term loan facility, net 1,598,487 1,598,053
Accounts payable, accrued expenses and other liabilities 108,755 127,565
Total liabilities 1,707,242 1,725,618
Commitments and contingencies (Note 9)
Shareholders' Equity    
Additional paid-in capital 1,149,721 1,124,504
Accumulated deficit (418,711) (344,132)
Total shareholders' equity 731,419 780,770
Non-controlling interests 311,951 369,688
Total equity 1,043,370 1,150,458
Total liabilities and equity 2,750,612 2,876,076
Class A Common Shares [Member]    
Shareholders' Equity    
Common shares 369 357
Total equity 369 357
Class B Common Shares [Member]    
Shareholders' Equity    
Common shares 12 13
Total equity 12 13
Series A Preferred Shares [Member]    
Shareholders' Equity    
Preferred shares 28 28
Total equity $ 28 $ 28