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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Real estate investments, at cost (Note 3):    
Land $ 474,538 $ 476,599
Buildings, fixtures and improvements 3,106,860 3,124,884
Construction in progress 5,876 5,486
Acquired intangible lease assets 707,964 711,985
Total real estate investments, at cost 4,295,238 4,318,954
Less accumulated depreciation and amortization (710,902) (675,200)
Total real estate investments, net 3,584,336 3,643,754
Cash and cash equivalents 262,868 124,245
Restricted cash 1,352 1,448
Derivative assets, at fair value (Note 8) 934 525
Unbilled straight-line rent 61,840 61,007
Operating lease right-of-use asset (Note 10) 55,782 58,395
Prepaid expenses and other assets 43,674 43,929
Due from related parties 346 377
Deferred tax assets 2,367 2,367
Goodwill and other intangible assets, net 23,089 23,089
Deferred financing costs, net 7,269 7,878
Total Assets 4,043,857 3,967,014
LIABILITIES AND EQUITY    
Mortgage notes payable, net (Note 4) 1,347,484 1,363,698
Revolving credit facility (Note 5) 125,864 111,132
Term loan, net (Note 5) 287,172 300,154
Senior notes, net (Note 6) 490,692 490,345
Acquired intangible lease liabilities, net 31,503 32,970
Derivative liabilities, at fair value (Note 8) 14,835 19,984
Due to related parties 845 2,002
Accounts payable and accrued expenses 30,025 28,310
Operating lease liability (Note 10) 24,085 25,350
Prepaid rent 26,580 21,481
Deferred tax liability 12,157 12,157
Dividends payable 5,386 5,152
Total Liabilities 2,396,628 2,412,735
Commitments and contingencies (Note 10) 0 0
Stockholders’ Equity (Note 9):    
Common Stock, $0.01 par value, 250,000,000 shares authorized, 95,512,062 and 89,614,601 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 2,286 2,227
Additional paid-in capital 2,540,522 2,418,659
Accumulated other comprehensive income 13,885 8,073
Accumulated deficit (933,695) (896,547)
Total Stockholders’ Equity 1,623,111 1,532,519
Non-controlling interest 24,118 21,760
Total Equity 1,647,229 1,554,279
Total Liabilities and Equity 4,043,857 3,967,014
7.25% Series A cumulative redeemable preferred stock, $0.01 par value, liquidation preference $25.00 per share, 9,959,650 shares authorized, 6,799,467 shares issued and outstanding as of March 31, 2021 and December 31, 2020    
Stockholders’ Equity (Note 9):    
Cumulative redeemable preferred stock 68 68
6.875% Series B cumulative redeemable perpetual preferred stock, $0.01 par value, liquidation preference $25.00 per share, 11,450,000 shares authorized, 4,503,893 and 3,861,953 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively    
Stockholders’ Equity (Note 9):    
Cumulative redeemable preferred stock $ 45 $ 39