CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Real estate investments, at cost:
Land	$ 192,600	$ 192,600
Buildings and improvements	574,454	572,576
Acquired intangible assets	87,119	87,478
Total real estate investments, at cost	854,173	852,654
Less accumulated depreciation and amortization	(171,287)	(157,880)
Total real estate investments, net	682,886	694,774
Cash and cash equivalents	8,097	11,674
Restricted cash	12,444	16,754
Operating lease right-of-use asset	55,061	55,167
Prepaid expenses and other assets	9,174	9,293
Derivative asset, at fair value	776	0
Straight-line rent receivable	28,075	25,838
Deferred leasing costs, net	9,428	9,551
Total assets	805,941	823,051
LIABILITIES AND STOCKHOLDERS’ EQUITY
Mortgage notes payable, net	393,388	398,117
Accounts payable, accrued expenses and other liabilities (including amounts due to related parties of $214 and $141 at June 30, 2022 and December 31, 2021, respectively)	15,377	8,131
Operating lease liability	54,744	54,770
Below-market lease liabilities, net	3,572	4,224
Derivative liability, at fair value	0	1,553
Deferred revenue	3,717	5,120
Total liabilities	470,798	471,915
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding at June 30, 2022 and December 31, 2021	0	0
Common stock, $0.01 par value, 300,000,000 shares authorized, 13,638,789 and 13,277,738 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	136	133
Additional paid-in capital	693,695	691,118
Accumulated other comprehensive income (loss)	819	(1,553)
Distributions in excess of accumulated earnings	(375,837)	(350,709)
Total stockholders’ equity	318,813	338,989
Non-controlling interests	16,330	12,147
Total equity	335,143	351,136
Total liabilities and equity	$ 805,941	$ 823,051