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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Investments in real estate, net $ 1,141,460 $ 1,606,942
Cash and cash equivalents 129,006 144,449
Restricted cash 26,706 32,160
Accounts receivable, net 15,511 13,086
Deferred rent receivable and charges, net 95,369 116,354
Other intangible assets, net 15,610 17,623
Other assets 89,155 92,270
Assets held for sale, net 125,138 0
TOTAL ASSETS 1,637,955 2,022,884
LIABILITIES:    
Debt, net 846,833 967,886
Accounts payable and accrued expenses 42,287 39,155
Intangible liabilities, net 1,138 3,576
Due to related parties 10,005 10,196
Other liabilities 31,275 34,056
Liabilities associated with assets held for sale, net 52,886 0
Total liabilities 984,424 1,054,869
COMMITMENTS AND CONTINGENCIES (Note 16)
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 308,775 and 61,435 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share 7,050 1,426
EQUITY:    
Common stock, $0.001 par value; 900,000,000 shares authorized; 57,875,848 and 84,048,081 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 58 84
Additional paid-in capital 1,077,151 1,566,073
Accumulated other comprehensive income (loss) 603 (509)
Distributions in excess of earnings (432,220) (599,971)
Total stockholders' equity 645,592 965,677
Noncontrolling interests 889 912
Total equity 646,481 966,589
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY $ 1,637,955 $ 2,022,884