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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Investment in real estate:    
Land and improvements $ 714,872 $ 675,289
Building and improvements 1,390,440 1,305,345
Acquired intangible lease assets 232,963 220,601
Total investment in real estate assets 2,338,275 2,201,235
Accumulated depreciation and amortization (205,774) (126,965)
Total investment in real estate assets, net 2,132,501 2,074,270
Cash and cash equivalents 19,750 15,649
Restricted cash 8,039 6,803
Deferred financing expense, net of accumulated amortization of $8,199 and $5,107, respectively 16,411 13,727
Other assets, net 47,352 40,320
Total assets 2,224,053 2,150,769
Liabilities:    
Mortgages and loans payable 781,193 650,462
Acquired below-market lease intangibles, less accumulated amortization of $12,632 and $7,619, respectively 41,345 42,454
Accounts payable – affiliates 2,262 975
Accounts payable and other liabilities 52,112 48,738
Total liabilities 876,912 742,629
Commitments and contingencies (Note 9) 0 0
Redeemable common stock 30,314 29,878
Equity:    
Preferred stock, $0.01 par value per share, 10,000 shares authorized, zero shares issued and outstanding at September 30, 2015 and December 31, 2014 0 0
Common stock, $0.01 par value per share, 1,000,000 shares authorized, 183,889 and 182,131 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 1,855 1,820
Additional paid-in capital 1,584,345 1,567,653
Accumulated other comprehensive loss (4,272) 0
Accumulated deficit (290,774) (213,975)
Total stockholders’ equity 1,291,154 1,355,498
Noncontrolling interests 25,673 22,764
Total equity 1,316,827 1,378,262
Total liabilities and equity $ 2,224,053 $ 2,150,769