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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investments in real estate:    
Investments in real estate, at cost $ 1,572,015 $ 1,504,156
Accumulated depreciation (101,589) (84,097)
Investments in real estate, net 1,470,426 1,420,059
Real estate held for sale (see Note 3) 141,853 0
Cash and cash equivalents 7,645 9,985
Restricted cash 8,265 4,634
Accounts receivable and other assets 6,924 7,556
Derivative assets 12,440 7,291
Intangible assets, net of accumulated amortization of $256 and $1,511, respectively 555 1,099
Total Assets 1,648,108 1,450,624
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $5,500 and $6,198, respectively 963,238 778,442
Accounts payable and accrued expenses 28,477 17,216
Accrued interest payable 540 249
Dividends payable 16,113 5,245
Other liabilities 3,697 3,353
Total Liabilities 1,012,065 804,505
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, 88,920,879 and 84,708,551 shares issued and outstanding, including 313,254 and 295,847 unvested restricted common share awards, respectively 889 846
Additional paid-in capital 739,152 703,849
Accumulated other comprehensive income 9,788 4,626
Retained earnings (accumulated deficit) (120,924) (85,221)
Total stockholders’ equity 628,905 624,100
Noncontrolling interests 7,138 22,019
Total Equity 636,043 646,119
Total Liabilities and Equity $ 1,648,108 $ 1,450,624