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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Investments in real estate, net $ 508,707 $ 1,040,937
Cash and cash equivalents 23,801 54,659
Restricted cash 12,146 22,512
Loans receivable, net 68,079 83,248
Accounts receivable, net 3,520 6,640
Deferred rent receivable and charges, net 34,857 84,230
Other intangible assets, net 7,260 9,531
Other assets 9,222 18,469
Assets held for sale, net (Note 3) 0 22,175
TOTAL ASSETS 667,592 1,342,401
LIABILITIES:    
Debt, net 307,421 588,671
Accounts payable and accrued expenses 24,309 41,598
Intangible liabilities, net 1,282 2,872
Due to related parties 9,431 10,951
Other liabilities 10,113 16,535
Liabilities associated with assets held for sale, net (Note 3) 0 28,766
Total liabilities 352,556 689,393
COMMITMENTS AND CONTINGENCIES (Note 15)
EQUITY:    
Common stock, $0.001 and $0.003 par value at December 31, 2019 and 2018, respectively; 900,000,000 shares authorized; 14,602,149 and 14,598,357 shares issued and outstanding at December 31, 2019 and 2018, respectively (1) [1] 15 44
Additional paid-in capital 794,825 790,354
Accumulated other comprehensive income 0 1,806
Distributions in excess of earnings (740,617) (436,883)
Total stockholders' equity 277,690 616,438
Noncontrolling interests 505 837
Total equity 278,195 617,275
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY 667,592 1,342,401
Series A Preferred Stock    
LIABILITIES:    
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 1,630,821 and 1,630,421 shares issued and outstanding, respectively, at December 31, 2019 and 1,566,386 and 1,565,346 shares issued and outstanding, respectively, at December 31, 2018; liquidation preference of $25.00 per share, subject to adjustment 36,841 35,733
Series A Cumulative Preferred Stock    
EQUITY:    
Preferred stock 70,633 31,866
Series L Preferred Stock    
EQUITY:    
Preferred stock $ 152,834 $ 229,251
[1] All share and per share amounts have been adjusted to give retroactive effect to the one-for-three reverse stock split of our common stock effected on September 3, 2019.