CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Real estate:
Land	$ 19,545	$ 20,709
Buildings and improvements	131,958	138,600
Tenant origination and absorption costs	11,228	13,822
Total real estate, cost	162,731	173,131
Less accumulated depreciation and amortization	(21,254)	(22,688)
Total real estate held for investment, net	141,477	150,443
Real estate held for sale, net	0	18,594
Total real estate, net	141,477	169,037
Cash and cash equivalents	4,562	6,287
Investment in unconsolidated joint venture	562	1,000
Rents and other receivables	3,134	3,284
Above-market leases, net	105	120
Assets related to real estate held for sale	0	760
Prepaid expenses and other assets	1,524	1,753
Total assets	151,364	182,241
Notes payable:
Notes payable, net	94,403	103,913
Notes payable related to real estate held for sale, net	0	13,948
Total notes payable, net	94,403	117,861
Accounts payable and accrued liabilities	1,635	2,728
Due to affiliates	6,406	5,552
Distributions payable	215	467
Below-market leases, net	1,978	2,533
Liabilities related to real estate held for sale	0	1,057
Other liabilities	4,406	3,765
Total liabilities	109,043	133,963
Commitments and contingencies (Note 11)
Redeemable common stock	800	1,000
Stockholders’ equity:
Preferred stock, $.01 par value; 10,000,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in capital	84,642	84,184
Cumulative distributions and net losses	(43,223)	(37,007)
Total stockholders’ equity	41,521	47,278
Total liabilities and stockholders’ equity	151,364	182,241
Class A Common Stock
Stockholders’ equity:
Common stock	99	98
Class T Common Stock
Stockholders’ equity:
Common stock	$ 3	$ 3