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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Accounted for using the operating method, net of accumulated depreciation $ 3,415,400 $ 2,641,746
Accounted for using the direct financing method 41,890 42,000
Investment in rental property, net 3,457,290 2,683,746
Cash and cash equivalents 12,455 18,612
Accrued rental income 84,534 69,247
Tenant and other receivables, net 934 1,026
Prepaid expenses and other assets 12,613 4,316
Interest rate swap, assets 2,911 17,633
Intangible lease assets, net 331,894 286,258
Debt issuance costs – unsecured revolving credit facility, net 2,380 2,261
Leasing fees, net 12,847 13,698
Total assets 3,917,858 3,096,797
Liabilities and equity    
Unsecured revolving credit facility 197,300 141,100
Mortgages and notes payable, net 111,793 78,952
Unsecured term notes, net 1,672,081 1,225,773
Interest rate swap, liabilities 24,471 1,820
Accounts payable and other liabilities 37,377 24,394
Due to related parties   114
Accrued interest payable 3,594 9,777
Intangible lease liabilities, net 92,222 85,947
Total liabilities 2,138,838 1,567,877
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, 26,001 and 22,014 shares issued and outstanding at December 31, 2019 and 2018, respectively 26 22
Additional paid-in capital 1,895,935 1,557,421
Cumulative distributions in excess of retained earnings (208,261) (155,150)
Accumulated other comprehensive (loss) income (20,086) 14,806
Total Broadstone Net Lease, Inc. stockholders’ equity 1,667,614 1,417,099
Non-controlling interests 111,406 111,821
Total equity 1,779,020 1,528,920
Total liabilities and equity $ 3,917,858 $ 3,096,797