v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Accounted for using the operating method, net of accumulated depreciation $ 2,186,141 $ 1,637,700
Accounted for using the direct financing method 41,617 47,271
Investment in rental property, net 2,227,758 1,684,971
Cash and cash equivalents 9,355 21,635
Restricted cash 744 1,468
Accrued rental income 52,018 36,577
Tenant and other receivables, net 897 355
Tenant and capital reserves 943 767
Prepaid expenses and other assets 267 260
Notes receivable 6,527 6,527
Investment in related party 10,000 10,000
Interest rate swap, assets 11,008 9,598
Intangible lease assets, net 242,659 168,121
Debt issuance costs – unsecured revolver, net 3,026 446
Leasing fees, net 13,554 11,329
Total assets 2,578,756 1,952,054
Liabilities and equity    
Unsecured revolver 273,000 102,000
Mortgages and notes payable, net 67,832 106,686
Unsecured term notes, net 836,912 657,891
Interest rate swap, liabilities 5,020 10,217
Accounts payable and other liabilities 20,345 17,396
Due to related parties 722 364
Tenant improvement allowances 5,669 9,490
Accrued interest payable 3,311 1,602
Intangible lease liabilities, net 81,744 47,871
Total liabilities 1,294,555 953,517
Commitments and contingencies (See Note 18)
Broadstone Net Lease, Inc. stockholders' 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, 18,909 and 15,158 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively 19 15
Additional paid-in capital 1,301,979 1,009,431
Subscriptions receivable (15) (9,790)
Cumulative distributions in excess of retained earnings (120,280) (89,960)
Accumulated other comprehensive income 5,122 2,092
Total Broadstone Net Lease, Inc. stockholders’ equity 1,186,825 911,788
Non-controlling interests 97,376 86,749
Total equity 1,284,201 998,537
Total liabilities and equity $ 2,578,756 $ 1,952,054