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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investments in real estate    
Land $ 759,705 $ 759,659
Buildings and improvements 797,721 801,242
Construction in progress 88,337  
Intangible assets 76,594 76,029
Total investments in properties 1,722,357 1,636,930
Accumulated depreciation and amortization (153,228) (139,814)
Net investments in real estate 1,569,129 1,497,116
Cash and cash equivalents 27,701 35,710
Restricted cash 5,510 7,090
Senior secured loan, net 54,198  
Other assets, net 30,104 27,955
Total assets 1,686,642 1,567,871
Liabilities    
Credit facility 5,350
Term loans payable, net 149,044 148,897
Senior unsecured notes, net 248,113 247,955
Mortgage loans payable, net 63,950 64,831
Security deposits 11,099 11,058
Intangible liabilities, net 23,119 22,361
Dividends payable 12,843 12,181
Performance share awards payable 8,009 11,824
Accounts payable and other liabilities 22,013 21,270
Total liabilities 543,540 540,377
Commitments and contingencies (Note 12)
Stockholders' equity    
Common stock: $0.01 par value, 400,000,000 shares authorized, and 58,379,493 and 55,368,737 shares issued and outstanding, respectively 584 553
Additional paid-in capital 1,133,468 1,023,184
Retained earnings 9,934 4,803
Accumulated other comprehensive loss (884) (1,046)
Total stockholders' equity 1,143,102 1,027,494
Total liabilities and equity $ 1,686,642 $ 1,567,871