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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Investments in real estate:    
Investments in real estate, at cost $ 1,904,760 $ 1,916,770
Accumulated depreciation (223,244) (208,618)
Investments in real estate, net 1,681,516 1,708,152
Real estate held for sale 120,409  
Cash and cash equivalents 8,720 8,751
Restricted cash 6,138 4,864
Investments in unconsolidated real estate entities 13,561  
Other assets 15,053 12,338
Derivative assets 1,168  
Intangible assets, net of accumulated amortization of $411 and $0, respectively 346 792
Total Assets 1,846,911 1,734,897
LIABILITIES AND EQUITY:    
Indebtedness, net of unamortized deferred financing costs of $4,237 and $4,208, respectively 996,270 945,686
Indebtedness associated with real estate held for sale, net of unamortized deferred financing costs of $45 and $0, respectively 22,459  
Accounts payable and accrued expenses 39,593 25,416
Accrued interest payable 1,708 1,976
Dividends payable 12,648 12,257
Derivative liabilities 17,492 29,842
Other liabilities 6,756 6,949
Total Liabilities 1,096,926 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; 500,000,000 shares authorized, 105,106,714 and 101,803,762 shares issued and outstanding, including 253,698 and 339,468 unvested restricted common share awards, respectively 1,051 1,018
Additional paid-in capital 965,018 919,615
Accumulated other comprehensive income (loss) (19,507) (33,822)
Retained earnings (accumulated deficit) (200,429) (178,751)
Total stockholders’ equity 746,133 708,060
Noncontrolling interests 3,852 4,711
Total Equity 749,985 712,771
Total Liabilities and Equity $ 1,846,911 $ 1,734,897