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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Investments in real estate:    
Investments in real estate, at cost $ 1,815,754 $ 1,796,365
Accumulated depreciation (194,644) (158,435)
Investments in real estate, net 1,621,110 1,637,930
Real estate held for sale 49,264  
Cash and cash equivalents 9,891 9,888
Restricted cash 7,218 4,545
Other assets 12,945 10,380
Derivative assets   953
Intangible assets, net of accumulated amortization of 0 and $540, respectively   410
Total Assets 1,700,428 1,664,106
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $4,571 and $5,606, respectively 1,004,237 985,572
Accounts payable and accrued expenses 34,319 25,399
Accrued interest payable 1,888 2,196
Dividends payable 11,449 16,491
Derivative liabilities 33,453 7,769
Other liabilities 6,736 6,922
Total Liabilities 1,092,082 1,044,349
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, 94,823,806 and 91,070,637 shares issued and outstanding, including 331,671 and 326,541 unvested restricted common share awards, respectively 948 911
Additional paid-in capital 820,105 765,992
Accumulated other comprehensive income (loss) (37,688) (12,099)
Retained earnings (accumulated deficit) (179,834) (141,525)
Total stockholders’ equity 603,531 613,279
Noncontrolling interests 4,815 6,478
Total Equity 608,346 619,757
Total Liabilities and Equity $ 1,700,428 $ 1,664,106