XML 15 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Investments in real estate    
Land $ 930,180 $ 833,995
Buildings and improvements 869,907 837,816
Construction in progress 101,080 94,695
Intangible assets 86,183 79,270
Total investments in properties 1,987,350 1,845,776
Accumulated depreciation and amortization (189,719) (169,772)
Net investments in real estate 1,797,631 1,676,004
Cash and cash equivalents 117,188 31,004
Restricted cash 2,976 3,475
Senior secured loan, net 15,773 54,492
Other assets, net 33,990 31,529
Total assets 1,967,558 1,796,504
Liabilities    
Credit facility 0 19,000
Term loans payable, net 149,231 149,067
Senior unsecured notes, net 248,413 248,263
Mortgage loans payable, net 45,050 45,767
Security deposits 12,880 11,933
Intangible liabilities, net 27,496 23,093
Dividends payable 15,719 14,643
Performance share awards payable 8,979 12,048
Accounts payable and other liabilities 23,612 24,893
Total liabilities 531,380 548,707
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock: $0.01 par value, 400,000,000 shares authorized, and 65,495,713 and 61,013,711 shares issued and outstanding, respectively 656 610
Additional paid-in capital 1,426,860 1,233,763
Retained earnings 9,268 14,185
Accumulated other comprehensive loss (606) (761)
Total stockholders’ equity 1,436,178 1,247,797
Total liabilities and equity $ 1,967,558 $ 1,796,504