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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Investments in real estate, net $ 941,237 $ 1,606,942
Cash and cash equivalents 252,955 144,449
Restricted cash 25,375 32,160
Accounts receivable, net 15,899 13,086
Deferred rent receivable and charges, net 86,994 116,354
Other intangible assets, net 5,345 17,623
Other assets 89,602 92,270
Assets held for sale, net 173,897 0
TOTAL ASSETS 1,591,304 2,022,884
LIABILITIES:    
Debt, net 780,016 967,886
Accounts payable and accrued expenses 23,720 39,155
Intangible liabilities, net 907 3,576
Due to related parties 8,668 10,196
Other liabilities 16,170 34,056
Liabilities associated with assets held for sale, net 36,948 0
Total liabilities 866,429 1,054,869
COMMITMENTS AND CONTINGENCIES (Note 16)
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 568,921 and 61,435 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share 12,976 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 September 30, 2017 and December 31, 2016, respectively 58 84
Additional paid-in capital 1,077,217 1,566,073
Accumulated other comprehensive income (loss) 936 (509)
Distributions in excess of earnings (367,197) (599,971)
Total stockholders' equity 711,014 965,677
Noncontrolling interests 885 912
Total equity 711,899 966,589
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY $ 1,591,304 $ 2,022,884