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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Investments in real estate, net $ 1,085,165 $ 957,725
Cash and cash equivalents 39,883 129,310
Restricted cash 30,311 27,008
Loans receivable, net 70,691 81,056
Accounts receivable, net 10,689 13,627
Deferred rent receivable and charges, net 86,001 84,748
Other intangible assets, net 12,569 6,381
Other assets 22,675 36,533
TOTAL ASSETS 1,357,984 1,336,388
LIABILITIES:    
Debt, net 641,257 630,852
Accounts payable and accrued expenses 28,715 26,394
Intangible liabilities, net 4,349 1,070
Due to related parties 9,640 8,814
Other liabilities 14,610 14,629
Total liabilities 698,571 681,759
COMMITMENTS AND CONTINGENCIES (Note 15)
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 1,533,088 and 1,531,408 shares issued and outstanding, respectively, at March 31, 2018 and 1,225,734 and 1,224,712 shares issued and outstanding, respectively, at December 31, 2017; liquidation preference of $25.00 per share, subject to adjustment 34,928 27,924
EQUITY:    
Common stock, $0.001 par value; 900,000,000 shares authorized; 43,784,939 shares issued and outstanding at March 31, 2018 and December 31, 2017 44 44
Additional paid-in capital 792,512 792,631
Accumulated other comprehensive income 2,814 1,631
Distributions in excess of earnings (404,598) (399,250)
Total stockholders' equity 623,591 625,815
Noncontrolling interests 894 890
Total equity 624,485 626,705
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY 1,357,984 1,336,388
Series A Cumulative Preferred Stock    
EQUITY:    
Preferred Stock, Value, Outstanding 3,568 1,508
Series L Preferred Stock    
EQUITY:    
Preferred Stock, Value, Outstanding $ 229,251 $ 229,251