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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Investments in real estate, net $ 509,278 $ 508,707
Cash and cash equivalents 22,758 23,801
Restricted cash 10,430 12,146
Loans receivable, net 65,170 68,079
Accounts receivable, net 3,528 3,520
Deferred rent receivable and charges, net 35,690 34,857
Other intangible assets, net 6,813 7,260
Other assets 9,875 9,222
TOTAL ASSETS 663,542 667,592
LIABILITIES:    
Debt, net 307,899 307,421
Accounts payable and accrued expenses 17,027 24,309
Intangible liabilities, net 1,028 1,282
Due to related parties 10,317 9,431
Other liabilities 9,553 10,113
Total liabilities 345,824 352,556
COMMITMENTS AND CONTINGENCIES (Note 15)
EQUITY:    
Common stock, $0.001 par value; 900,000,000 shares authorized; 14,602,149 shares issued and outstanding at March 31, 2020 and December 31, 2019. 15 15
Additional paid-in capital 794,269 794,825
Distributions in excess of earnings (746,398) (740,617)
Total stockholders' equity 279,030 277,690
Noncontrolling interests 509 505
Total equity 279,539 278,195
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY 663,542 667,592
Series A Preferred Stock    
LIABILITIES:    
CUMULATIVE REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 1,692,338 and 1,687,938 shares issued and outstanding, respectively, at March 31, 2020 and 1,630,821 and 1,630,421 shares issued and outstanding, respectively, at December 31, 2019; liquidation preference of $25.00 per share, subject to adjustment 38,179 36,841
Series A Cumulative Preferred Stock    
EQUITY:    
Preferred stock 78,160 70,633
Series D Preferred Stock    
EQUITY:    
Preferred stock 150 0
Series L Preferred Stock    
EQUITY:    
Preferred stock $ 152,834 $ 152,834