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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Investments in real estate:    
Investments in real estate, at cost $ 1,922,071 $ 1,916,770
Accumulated depreciation (223,187) (208,618)
Investments in real estate, net 1,698,884 1,708,152
Cash and cash equivalents 8,653 8,751
Restricted cash 4,449 4,864
Other assets 12,824 12,338
Derivative assets 2,810  
Intangible assets, net of accumulated amortization of $396 and $0, respectively 396 792
Total Assets 1,728,016 1,734,897
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $3,844 and $4,208, respectively 947,631 945,686
Accounts payable and accrued expenses 24,535 25,416
Accrued interest payable 1,888 1,976
Dividends payable 12,293 12,257
Derivative liabilities 19,540 29,842
Other liabilities 6,991 6,949
Total Liabilities 1,012,878 1,022,126
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, 102,033,732 and 101,803,762 shares issued and outstanding, including 267,296 and 339,468 unvested restricted common share awards, respectively 1,018 1,018
Additional paid-in capital 920,042 919,615
Accumulated other comprehensive income (loss) (20,497) (33,822)
Retained earnings (accumulated deficit) (190,151) (178,751)
Total stockholders’ equity 710,412 708,060
Noncontrolling interests 4,726 4,711
Total Equity 715,138 712,771
Total Liabilities and Equity $ 1,728,016 $ 1,734,897