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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Investments in real estate, net $ 1,505,492 $ 1,606,942
Cash and cash equivalents 404,346 144,449
Restricted cash 27,775 32,160
Accounts receivable, net 12,828 13,086
Deferred rent receivable and charges, net 106,744 116,354
Other intangible assets, net 17,199 17,623
Other assets 91,446 92,270
TOTAL ASSETS 2,165,830 2,022,884
LIABILITIES:    
Debt, net 939,334 967,886
Accounts payable and accrued expenses 33,103 39,155
Intangible liabilities, net 1,426 3,576
Due to related parties 10,097 10,196
Other liabilities 34,837 34,056
Total liabilities 1,018,797 1,054,869
COMMITMENTS AND CONTINGENCIES (Note 16)
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 144,698 and 61,435 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share 3,321 1,426
EQUITY:    
Common stock, $0.001 par value; 900,000,000 shares authorized; 84,048,081 shares issued and outstanding 84 84
Additional paid-in capital 1,566,126 1,566,073
Accumulated other comprehensive income (loss) 1,043 (509)
Distributions in excess of earnings (424,458) (599,971)
Total stockholders' equity 1,142,795 965,677
Noncontrolling interests 917 912
Total equity 1,143,712 966,589
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY $ 2,165,830 $ 2,022,884