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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
Real estate investments, at cost:    
Land $ 298,280,000 $ 249,541,000
Buildings, fixtures and improvements 1,521,505,000 1,336,726,000
Acquired intangible lease assets 241,501,000 212,223,000
Total real estate investments, at cost 2,061,286,000 1,798,490,000
Less: accumulated depreciation and amortization (81,207,000) (56,110,000)
Total real estate investments, net 1,980,079,000 1,742,380,000
Cash and cash equivalents 52,412,000 156,873,000
Investment securities, at fair value 4,000 41,654,000
Restricted cash 1,287,000 1,108,000
Prepaid expenses and other assets 15,397,000 7,416,000
Deferred costs, net 38,244,000 15,356,000
Assets held for sale 679,000 665,000
Total assets 2,088,102,000 1,965,452,000
LIABILITIES AND EQUITY    
Mortgage notes payable 265,118,000 265,118,000
Senior secured revolving credit facility 0 124,604,000
Unsecured credit facility 640,000,000 0
Derivatives, at fair value 5,012,000 3,830,000
Accounts payable and accrued expenses 6,589,000 9,459,000
Deferred rent and other liabilities 5,270,000 4,336,000
Distributions payable 92,000 9,946,000
Total liabilities 922,081,000 417,293,000
Common stock, $0.01 par value, 240,000,000 shares authorized, 154,322,153 and 179,167,112 issued and outstanding at March 31, 2013 and December 31, 2012, respectively 1,543,000 1,792,000
Additional paid-in capital 1,335,863,000 1,653,900,000
Accumulated other comprehensive loss (5,018,000) (3,934,000)
Accumulated deficit (290,484,000) (120,072,000)
Total stockholders’ equity 1,041,912,000 1,531,694,000
Non-controlling interests 124,109,000 16,465,000
Total equity 1,166,021,000 1,548,159,000
Total liabilities and equity 2,088,102,000 1,965,452,000
Series A Preferred Stock [Member]
   
LIABILITIES AND EQUITY    
Preferred Stock, Value, Issued 5,000 5,000
Series B Preferred Stock [Member]
   
LIABILITIES AND EQUITY    
Preferred Stock, Value, Issued $ 3,000 $ 3,000