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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investment in real estate:    
Land and improvements $ 1,115,232 $ 1,121,590
Building and improvements 2,253,804 2,263,381
Acquired in-place lease assets 308,575 313,432
Acquired above-market lease assets 53,161 53,524
Total investment in real estate assets 3,730,772 3,751,927
Accumulated depreciation and amortization (576,976) (462,025)
Total investment in real estate assets, net 3,153,796 3,289,902
Cash and cash equivalents 6,111 5,716
Restricted cash 27,828 21,729
Accounts receivable - affiliates 6,365 6,102
Corporate intangible assets, net 46,400 55,100
Goodwill 29,066 29,085
Other assets, net 148,443 118,448
Total assets 3,418,009 3,526,082
Liabilities:    
Debt obligations, net 1,842,947 1,806,998
Acquired below-market lease liabilities, net of accumulated amortization of $33,976 and $27,388, respectively 82,235 90,624
Accounts payable – affiliates 1,014 1,359
Accounts payable and other liabilities 152,464 148,419
Total liabilities 2,078,660 2,047,400
Commitments and contingencies (Note 9) 0 0
Equity:    
Preferred stock, $0.01 par value per share, 10,000 shares authorized, zero shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 0 0
Common stock, $0.01 par value per share, 1,000,000 shares authorized, 183,694 and 185,233 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 1,837 1,852
Additional paid-in capital 1,613,375 1,629,130
Accumulated other comprehensive income (“AOCI”) 33,602 16,496
Accumulated deficit (721,017) (601,238)
Total stockholders’ equity 927,797 1,046,240
Noncontrolling interests 411,552 432,442
Total equity 1,339,349 1,478,682
Total liabilities and equity $ 3,418,009 $ 3,526,082