XML 15 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Real estate properties, net $ 901,066 $ 772,007
Cash and cash equivalents 4,845 8,176
Restricted cash 1,646 1,736
Deposits on acquisitions 1,750  
Rents receivable 8,544 6,347
Accounts receivable 5,823 2,920
Deferred financing, net 2,787 2,767
Intangible assets, net 113,795 116,585
Interest rate swaps 3,785  
Prepaid expenses and other assets 1,422 1,509
Total assets 1,045,463 912,047
Liabilities    
Revolving credit facility 212,167 154,417
Mortgage notes payable, net 80,806 83,785
Intangible liabilities, net 41,840 44,605
Accounts payable and accrued liabilities 13,784 9,346
Total liabilities 348,597 292,153
Commitments and contingencies (Note 10)
Equity    
Common stock, par value $0.01, 200,000,000 shares authorized, 36,874,810 and 24,168,379 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively 369 241
Additional paid-in capital 596,971 391,767
Retained earnings (deficit) 1,721 (1,694)
Cumulative dividends (42,794) (13,051)
Accumulated other comprehensive income 3,038  
Total stockholders' equity 559,305 377,263
Non-controlling interest in Operating Partnership 137,561 242,631
Total equity 696,866 619,894
Total liabilities and equity $ 1,045,463 $ 912,047