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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investments in real estate:    
Investments in real estate, at cost $ 1,496,591 $ 1,504,156
Accumulated depreciation (91,426) (84,097)
Investments in real estate, net 1,405,165 1,420,059
Real estate held for sale (see Note 3) 141,132 0
Cash and cash equivalents 10,896 9,985
Restricted cash 7,051 4,634
Accounts receivable and other assets 6,712 7,556
Derivative assets 11,755 7,291
Intangible assets, net of accumulated amortization of $1,880 and $1,511, respectively 406 1,099
Total Assets 1,583,117 1,450,624
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $5,802 and $6,198, respectively 911,772 778,442
Accounts payable and accrued expenses 24,173 17,216
Accrued interest payable 423 249
Dividends payable 15,922 5,245
Other liabilities 3,520 3,353
Total Liabilities 955,810 804,505
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, 87,044,121 and 84,708,551 shares issued and outstanding, including 318,422 and 295,847 unvested restricted common share awards, respectively 870 846
Additional paid-in capital 719,656 703,849
Accumulated other comprehensive income 9,103 4,626
Retained earnings (accumulated deficit) (109,762) (85,221)
Total stockholders’ equity 619,867 624,100
Noncontrolling interests 7,440 22,019
Total Equity 627,307 646,119
Total Liabilities and Equity $ 1,583,117 $ 1,450,624