CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Real estate properties
Land and land improvements	$ 80,123	$ 68,129
Buildings, improvements, and lease intangibles	586,978	534,503
Personal property	241	220
Total real estate properties	667,342	602,852
Less accumulated depreciation	(95,993)	(77,523)
Total real estate properties, net	571,349	525,329
Cash and cash equivalents	12,158	1,730
Restricted cash	340	293
Other assets, net	31,825	35,179
Total assets	615,672	562,531
Liabilities
Debt, net	179,342	194,243
Accounts payable and accrued liabilities	5,800	3,606
Other liabilities	20,909	11,271
Total liabilities	206,051	209,120
Commitments and contingencies
Stockholders' Equity
Preferred stock, $0.01 par value; 50,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.01 par value; 450,000,000 shares authorized; 23,407,498 and 21,410,578 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	234	214
Additional paid-in capital	526,636	447,916
Cumulative net income	31,391	17,554
Accumulated other comprehensive loss	(13,135)	(4,808)
Cumulative dividends	(135,505)	(107,465)
Total stockholders’ equity	409,621	353,411
Total liabilities and stockholders' equity	$ 615,672	$ 562,531