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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Investments in real estate    
Land $ 464,871us-gaap_Land $ 388,007us-gaap_Land
Buildings and improvements 533,578us-gaap_BuildingsAndImprovementsGross 470,348us-gaap_BuildingsAndImprovementsGross
Intangible assets 53,075us-gaap_FiniteLivedIntangibleAssetsGross 42,918us-gaap_FiniteLivedIntangibleAssetsGross
Total investments in properties 1,051,524us-gaap_RealEstateInvestmentPropertyAtCost 901,273us-gaap_RealEstateInvestmentPropertyAtCost
Accumulated depreciation and amortization (51,456)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation (45,446)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
Net investments in properties 1,000,068us-gaap_RealEstateInvestmentPropertyNet 855,827us-gaap_RealEstateInvestmentPropertyNet
Properties held for sale, net 12,975us-gaap_RealEstateHeldforsale 6,315us-gaap_RealEstateHeldforsale
Net investments in real estate 1,013,043us-gaap_RealEstateInvestments 862,142us-gaap_RealEstateInvestments
Cash and cash equivalents 35,206us-gaap_CashAndCashEquivalentsAtCarryingValue 190,601us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 4,671us-gaap_RestrictedCashAndCashEquivalents 6,963us-gaap_RestrictedCashAndCashEquivalents
Deferred financing costs, net 2,795us-gaap_DeferredFinanceCostsNet 2,986us-gaap_DeferredFinanceCostsNet
Other assets, net 15,908us-gaap_OtherAssets 14,074us-gaap_OtherAssets
Total assets 1,071,623us-gaap_Assets 1,076,766us-gaap_Assets
Liabilities    
Term loan payable 200,000us-gaap_LoansPayable 200,000us-gaap_LoansPayable
Mortgage loans payable 103,618us-gaap_SecuredDebt 104,501us-gaap_SecuredDebt
Security deposits 6,052us-gaap_SecurityDepositLiability 5,315us-gaap_SecurityDepositLiability
Intangible liabilities, net 5,239us-gaap_BelowMarketLeaseNet 3,556us-gaap_BelowMarketLeaseNet
Dividends payable 6,860us-gaap_DividendsPayableCurrentAndNoncurrent 6,859us-gaap_DividendsPayableCurrentAndNoncurrent
Accounts payable and other liabilities 11,822us-gaap_AccountsPayableOtherCurrentAndNoncurrent 9,499us-gaap_AccountsPayableOtherCurrentAndNoncurrent
Total liabilities 333,591us-gaap_Liabilities 329,730us-gaap_Liabilities
Commitments and contingencies (Note 9)      
Stockholders' equity    
Preferred stock: $0.01 par value, 100,000,000 shares authorized, and 1,840,000 and 1,840,000 shares (liquidation preference of $25.00 per share) issued and outstanding, respectively 46,000us-gaap_PreferredStockValue 46,000us-gaap_PreferredStockValue
Common stock: $0.01 par value, 400,000,000 shares authorized, and 42,875,085 and 42,869,463 shares issued and outstanding, respectively 428us-gaap_CommonStockValue 428us-gaap_CommonStockValue
Additional paid-in capital 692,743us-gaap_AdditionalPaidInCapitalCommonStock 700,755us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (845)us-gaap_RetainedEarningsAccumulatedDeficit   
Accumulated other comprehensive loss (294)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (147)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 738,032us-gaap_StockholdersEquity 747,036us-gaap_StockholdersEquity
Total liabilities and equity $ 1,071,623us-gaap_LiabilitiesAndStockholdersEquity $ 1,076,766us-gaap_LiabilitiesAndStockholdersEquity