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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Investments in real estate, net $ 507,756 $ 508,707
Cash and cash equivalents 75,192 23,801
Restricted cash 10,960 12,146
Loans receivable, net 77,155 68,079
Accounts receivable, net 2,591 3,520
Deferred rent receivable and charges, net 36,140 34,857
Other intangible assets, net 6,509 7,260
Other assets 9,922 9,222
TOTAL ASSETS 726,225 667,592
LIABILITIES:    
Debt, net 371,666 307,421
Accounts payable and accrued expenses 13,063 24,309
Intangible liabilities, net 880 1,282
Due to related parties 8,014 9,431
Other liabilities 8,453 10,113
Total liabilities 402,076 352,556
COMMITMENTS AND CONTINGENCIES (Note 15)
EQUITY:    
Common stock, $0.001 par value; 900,000,000 shares authorized; 14,827,410 shares issued and outstanding at June 30, 2020 and 14,602,149 shares issued and outstanding at December 31, 2019. 15 15
Additional paid-in capital 795,795 794,825
Distributions in excess of earnings (753,550) (740,617)
Total stockholders' equity 283,927 277,690
Noncontrolling interests 466 505
Total equity 284,393 278,195
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY 726,225 667,592
Series A Preferred Stock    
LIABILITIES:    
REDEEMABLE PREFERRED STOCK: Series A cumulative redeemable preferred stock, $0.001 par value; 36,000,000 shares authorized; 1,794,461 and 1,763,661 shares issued and outstanding, respectively, at June 30, 2020 and 1,630,821 and 1,630,421 shares issued and outstanding, respectively, at December 31, 2019; liquidation preference of $25.00 per share, subject to adjustment 39,756 36,841
Series A Cumulative Preferred Stock    
EQUITY:    
Preferred stock 88,660 70,633
Series D Preferred Stock    
EQUITY:    
Preferred stock 173 0
Series L Preferred Stock    
EQUITY:    
Preferred stock $ 152,834 $ 152,834