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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Real estate investments, at cost:    
Land $ 389,781 $ 376,704
Buildings, fixtures and improvements 2,040,217 1,967,930
Acquired intangible lease assets 608,052 587,061
Total real estate investments, at cost 3,038,050 2,931,695
Less accumulated depreciation and amortization (276,336) (216,055)
Total real estate investments, net 2,761,714 2,715,640
Cash and cash equivalents 67,411 69,831
Restricted cash 5,139 7,497
Derivatives, at fair value (Note 8) 15,495 28,700
Unbilled straight-line rent 38,198 30,459
Prepaid expenses and other assets 19,600 17,577
Related party notes receivable acquired in Merger (Note 3) 1,285 5,138
Due from related parties 16 16
Deferred tax assets 1,645 1,586
Goodwill and other intangible assets, net 22,154 13,931
Deferred financing costs, net 320 1,092
Total assets 2,932,977 2,891,467
LIABILITIES AND EQUITY    
Mortgage notes payable, net of deferred financing costs ($4,409 and $5,103 for June 30, 2017 and December 31, 2016, respectively) 773,046 749,884
Mortgage (discount) premium, net (2,367) (2,503)
Credit facility 722,108 616,614
Mezzanine facility, net of discount 0 55,383
Below-market lease liabilities, net 31,479 33,041
Derivatives, at fair value (Note 8) 13,118 15,457
Due to related parties 1,428 2,162
Accounts payable and accrued expenses 23,181 22,861
Prepaid rent 20,864 18,429
Deferred tax liability 15,120 15,065
Taxes payable 7,366 9,059
Dividends payable 55 34
Total liabilities 1,605,398 1,535,486
Commitments and contingencies (Note 10)
Equity:    
Preferred stock, $0.01 par value, 16,670,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 100,000,000 shares authorized, 67,277,514 and 66,258,559 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 2,003 1,990
Additional paid-in capital 1,729,596 1,708,541
Accumulated other comprehensive loss (2,689) (16,695)
Accumulated deficit (404,209) (346,058)
Total stockholders' equity 1,324,701 1,347,778
Non-controlling interest 2,878 8,203
Total equity 1,327,579 1,355,981
Total liabilities and equity $ 2,932,977 $ 2,891,467