CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Real estate properties:
Land	$ 759,009	$ 747,794
Buildings and improvements	1,644,996	1,588,170
Total real estate properties, gross	2,404,005	2,335,964
Accumulated depreciation	(153,979)	(131,468)
Total real estate properties, net	2,250,026	2,204,496
Acquired real estate leases, net	130,153	138,596
Cash and cash equivalents	33,256	28,415
Restricted cash	13,703	6,135
Rents receivable, including straight line rents of $62,399 and $58,336, respectively	67,292	62,782
Deferred leasing costs, net	6,161	6,581
Debt issuance costs, net	2,215	2,954
Due from related persons	1,023	1,504
Other assets, net	1,771	3,438
Total assets	2,505,600	2,454,901
LIABILITIES AND EQUITY
Revolving credit facility	320,000	310,000
Mortgage notes payable, net	1,048,226	1,096,608
Assumed real estate lease obligations, net	16,353	17,508
Accounts payable and other liabilities	18,002	16,475
Rents collected in advance	7,495	9,442
Security deposits	6,597	6,680
Due to related persons	2,316	2,498
Total liabilities	1,418,989	1,459,211
Commitments and contingencies
Equity:
Common shares of beneficial interest, $.01 par value: 100,000,000 shares authorized; 65,209,564 and 65,180,628 shares issued and outstanding, respectively	652	652
Additional paid in capital	1,007,223	999,302
Cumulative net income	169,822	142,155
Cumulative common distributions	(189,440)	(146,419)
Total equity attributable to common shareholders	988,257	995,690
Total equity attributable to noncontrolling interest	98,354	0
Total equity	1,086,611	995,690
Total liabilities and equity	$ 2,505,600	$ 2,454,901