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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Investments in real estate:    
Investments in real estate, at cost $ 1,400,892 [1] $ 689,112
Accumulated depreciation (35,304) [1] (23,376)
Investments in real estate, net 1,365,588 [1] 665,736
Cash and cash equivalents 16,939 14,763
Restricted cash 7,330 5,206
Accounts receivable and other assets 5,153 2,270
Intangible assets, net of accumulated amortization of $7,743 and $4,346, respectively 7,544 3,251
Deferred costs, net of accumulated amortization of $792 and $505, respectively 10,701 2,924
Total Assets 1,413,255 694,150
LIABILITIES AND EQUITY:    
Indebtedness 993,908 418,901
Accounts payable and accrued expenses 18,724 8,353
Accrued interest payable 558 49
Dividends payable 2,427 1,982
Other liabilities 3,183 1,831
Total Liabilities $ 1,018,800 $ 431,116
Stockholders’ equity:    
Preferred stock, $0.01 par value; 50,000,000 shares authorized, 0 and 0 shares issued and outstanding, respectively
Common stock, $0.01 par value; 300,000,000 shares authorized, 47,070,678 and 31,800,076 shares issued and outstanding, including 124,000 and 36,000 unvested restricted common share awards, respectively $ 471 $ 318
Additional paid-in capital 377,989 267,683
Accumulated other comprehensive income 5  
Retained earnings (accumulated deficit) (10,174) (16,728)
Total stockholders’ equity 368,291 251,273
Noncontrolling interests 26,164 11,761
Total Equity 394,455 263,034
Total Liabilities and Equity $ 1,413,255 $ 694,150
[1] As of September 30, 2015, includes a parcel of land acquired with the TSRE merger that is held-for-sale and has a carrying amount of $3,283 and a fair value of $3,350.