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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Investments in real estate:    
Investments in real estate, at cost $ 1,732,392 $ 1,660,423
Accumulated depreciation (145,075) (112,270)
Investments in real estate, net 1,587,317 1,548,153
Real estate held for sale 32,381 77,285
Cash and cash equivalents 6,587 9,316
Restricted cash 8,960 6,729
Other assets 16,439 8,802
Derivative assets 982 8,307
Intangible assets, net of accumulated amortization of $412 and $787, respectively 351 744
Total Assets 1,653,017 1,659,336
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $5,686 and $5,927, respectively 979,330 985,488
Accounts payable and accrued expenses 32,249 22,815
Accrued interest payable 794 719
Dividends payable 16,460 16,162
Derivative liabilities 12,415  
Other liabilities 7,399 4,107
Total Liabilities 1,048,647 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, 90,894,656 and 89,184,443 shares issued and outstanding, including 328,875 and 303,819 unvested restricted common share awards, respectively 909 892
Additional paid-in capital 762,933 742,429
Accumulated other comprehensive income (loss) (17,097) 2,016
Retained earnings (accumulated deficit) (148,977) (122,342)
Total stockholders’ equity 597,768 622,995
Noncontrolling interests 6,602 7,050
Total Equity 604,370 630,045
Total Liabilities and Equity $ 1,653,017 $ 1,659,336