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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Investments in real estate:    
Investments in real estate, at cost $ 1,704,769 $ 1,660,423
Accumulated depreciation (136,488) (112,270)
Investments in real estate, net 1,568,281 1,548,153
Real estate held for sale 50,494 77,285
Cash and cash equivalents 11,060 9,316
Restricted cash 7,780 6,729
Other assets 16,364 8,802
Derivative assets 1,558 8,307
Intangible assets, net of accumulated amortization of $105 and $787, respectively 210 744
Total Assets 1,655,747 1,659,336
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $6,139 and $5,927, respectively 989,499 985,488
Accounts payable and accrued expenses 26,374 22,815
Accrued interest payable 691 719
Dividends payable 16,285 16,162
Derivative liabilities 7,394  
Other liabilities 7,595 4,107
Total Liabilities 1,047,838 1,029,291
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, 89,932,418 and 89,184,443 shares issued and outstanding, including 339,525 and 303,819 unvested restricted common share awards, respectively 899 892
Additional paid-in capital 749,552 742,429
Accumulated other comprehensive income (loss) (11,769) 2,016
Retained earnings (accumulated deficit) (137,539) (122,342)
Total stockholders’ equity 601,143 622,995
Noncontrolling interests 6,766 7,050
Total Equity 607,909 630,045
Total Liabilities and Equity $ 1,655,747 $ 1,659,336