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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Investments in real estate, net $ 1,040,937 $ 957,725
Cash and cash equivalents 54,931 129,310
Restricted cash 22,512 27,008
Loans receivable, net 83,248 81,056
Accounts receivable, net 6,640 13,627
Deferred rent receivable and charges, net 84,230 84,748
Other intangible assets, net 9,531 6,381
Other assets 18,197 36,533
Assets held for sale, net (Note 3) 22,175 0
TOTAL ASSETS 1,342,401 1,336,388
LIABILITIES:    
Debt, net 588,671 630,852
Accounts payable and accrued expenses 41,598 26,394
Intangible liabilities, net 2,872 1,070
Due to related parties 10,951 8,814
Other liabilities 16,535 14,629
Liabilities associated with assets held for sale, net (Note 3) 28,766 0
Total liabilities 689,393 681,759
COMMITMENTS AND CONTINGENCIES (Note 16)
EQUITY:    
Common stock, $0.001 par value; 900,000,000 shares authorized; 43,795,073 and 43,784,939 shares issued and outstanding at December 31, 2018 and 2017, respectively 44 44
Additional paid-in capital 790,354 792,631
Accumulated other comprehensive income 1,806 1,631
Distributions in excess of earnings (436,883) (399,250)
Total stockholders' equity 616,438 625,815
Noncontrolling interests 837 890
Total equity 617,275 626,705
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY 1,342,401 1,336,388
Series A Preferred Stock    
LIABILITIES:    
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 1,566,386 and 1,565,346 shares issued and outstanding, respectively, at December 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 35,733 27,924
Series A Cumulative Preferred Stock    
EQUITY:    
Preferred stock 31,866 1,508
Series L Preferred Stock    
EQUITY:    
Preferred stock $ 229,251 $ 229,251