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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Investments in real estate:    
Investments in real estate, at cost $ 2,035,988 $ 1,916,770
Accumulated depreciation (231,866) (208,618)
Investments in real estate, net 1,804,122 1,708,152
Real estate held for sale 27,910  
Cash and cash equivalents 7,566 8,751
Restricted cash 6,441 4,864
Investments in unconsolidated real estate entities 10,205  
Other assets 17,311 12,338
Derivative assets 853  
Intangible assets, net of accumulated amortization of $43 and $0, respectively 714 792
Total Assets 1,875,122 1,734,897
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $4,643 and $4,208, respectively 1,036,841 945,686
Indebtedness associated with real estate held for sale, net of unamortized deferred financing costs of $32 and $0, respectively 19,622  
Accounts payable and accrued expenses 30,530 25,416
Accrued interest payable 1,909 1,976
Dividends payable 12,648 12,257
Derivative liabilities 19,386 29,842
Other liabilities 6,903 6,949
Total Liabilities 1,127,839 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, 105,109,649 and 101,803,762 shares issued and outstanding, including 258,310 and 339,468 unvested restricted common share awards, respectively 1,051 1,018
Additional paid-in capital 963,754 919,615
Accumulated other comprehensive income (loss) (22,011) (33,822)
Retained earnings (accumulated deficit) (199,350) (178,751)
Total stockholders’ equity 743,444 708,060
Noncontrolling interests 3,839 4,711
Total Equity 747,283 712,771
Total Liabilities and Equity $ 1,875,122 $ 1,734,897