v3.7.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Accounted for using the operating method, net of accumulated depreciation $ 1,775,293 $ 1,637,700
Accounted for using the direct financing method 41,607 47,271
Investment in rental property, net 1,816,900 1,684,971
Cash and cash equivalents 35,752 21,635
Restricted cash 8,019 1,468
Accrued rental income 43,930 36,577
Tenant and other receivables, net 900 355
Tenant and capital reserves 848 767
Prepaid expenses and other assets 1,202 260
Notes receivable 6,527 6,527
Investment in related party 10,000 10,000
Interest rate swap, assets 7,781 9,598
Intangible lease assets, net 190,467 168,121
Debt issuance costs – unsecured revolver, net 3,325 446
Leasing fees, net 12,526 11,329
Total assets 2,138,177 1,952,054
Liabilities and equity    
Unsecured revolver 90,000 102,000
Mortgages and notes payable, net 67,705 106,686
Unsecured term notes, net 721,670 657,891
Interest rate swap, liabilities 7,691 10,217
Accounts payable and other liabilities 18,233 17,396
Due to related parties 1,310 364
Tenant improvement allowances 5,627 9,490
Accrued interest payable 2,439 1,602
Intangible lease liabilities, net 56,704 47,871
Total liabilities 971,379 953,517
Commitments and contingencies (See Note 16)
Broadstone Net Lease, Inc. stockholder’s equity:    
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued or outstanding
Common stock, $0.001 par value; 80,000 shares authorized, 17,290 and 15,158 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 17 15
Additional paid-in capital 1,176,319 1,009,431
Subscriptions receivable   (9,790)
Cumulative distributions in excess of retained earnings (102,711) (89,960)
Accumulated other comprehensive income (318) 2,092
Total Broadstone Net Lease, Inc. stockholders’ equity 1,073,307 911,788
Non-controlling interests 93,491 86,749
Total equity 1,166,798 998,537
Total liabilities and equity $ 2,138,177 $ 1,952,054