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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Investment in real estate    
Land $ 654,698 $ 667,004
Buildings and improvements 1,133,636 1,112,653
Accumulated depreciation (156,023) (147,696)
Real Estate Investment Property, at Cost, Total 1,632,311 1,631,961
Construction in progress 412,222 338,672
Net investment in real estate 2,044,533 1,970,633
Real estate held for sale 3,204 5,275
Investment in unconsolidated joint ventures 459,646 445,077
Cash and cash equivalents 96,737 139,260
Tenant and other receivables, net 48,602 54,470
Lease intangible assets, net 44,121 68,153
Prepaid expenses, deferred expenses and other assets, net 67,525 67,744
Total assets 2,764,368 2,750,612
Liabilities    
Term Loan Facility, net 1,598,593 1,598,487
Accounts payable, accrued expenses and other liabilities 153,407 108,755
Total liabilities 1,752,000 1,707,242
Commitments and contingencies (Note 9)
Shareholders' Equity    
Additional paid-in capital 1,177,553 1,149,721
Accumulated deficit (440,600) (418,711)
Total shareholders' equity 737,367 731,419
Non-controlling interests 275,001 311,951
Total equity 1,012,368 1,043,370
Total liabilities and equity 2,764,368 2,750,612
Class A Common Shares [Member]    
Shareholders' Equity    
Common shares 386 369
Total equity 386 369
Class B Common Shares [Member]    
Shareholders' Equity    
Common shares   12
Total equity   12
Series A Preferred Shares [Member]    
Shareholders' Equity    
Preferred shares 28 28
Total equity $ 28 $ 28