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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments in real estate:    
Investments in real estate, at cost $ 1,372,015 $ 689,112
Accumulated depreciation (39,638) (23,376)
Investments in real estate, net 1,332,377 665,736
Cash and cash equivalents 38,301 14,763
Restricted cash 5,413 5,206
Accounts receivable and other assets 3,362 2,270
Intangible assets, net of accumulated amortization of $11,551 and $4,346, respectively 3,735 3,251
Deferred costs, net of accumulated amortization of $1,726 and $505, respectively 9,226 2,924
Total Assets 1,392,414 694,150
LIABILITIES AND EQUITY:    
Indebtedness 975,837 418,901
Accounts payable and accrued expenses 19,304 8,353
Accrued interest payable 1,239 49
Dividends payable 3,006 1,982
Other liabilities 2,998 1,831
Total Liabilities $ 1,002,384 $ 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 378,187 267,683
Accumulated other comprehensive income (loss) (8)  
Retained earnings (accumulated deficit) (14,500) (16,728)
Total stockholders’ equity 364,150 251,273
Noncontrolling interests 25,880 11,761
Total Equity 390,030 263,034
Total Liabilities and Equity $ 1,392,414 $ 694,150