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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Real estate assets:    
Land $ 185,479 $ 185,479
Buildings and improvements 1,613,699 1,603,941
Fixtures and equipment 1,633 1,170
Total real estate assets, gross 1,800,811 1,790,590
Less accumulated depreciation 258,799 222,252
Real estate assets, net 1,542,012 1,568,338
Acquired real estate leases, less accumulated amortization of $95,534 and $69,848, respectively 149,019 183,454
Investment in non-consolidated REITs 78,907 80,494
Cash and cash equivalents 15,930 19,623
Restricted cash 707 643
Tenant rent receivables, less allowance for doubtful accounts of $175 and $50, respectively 2,865 5,102
Straight-line rent receivable, less allowance for doubtful accounts of $135 and $135, respectively 46,737 42,261
Prepaid expenses and other assets 9,131 10,506
Related party mortgage loan receivables 88,436 99,746
Other assets: derivative asset 4,582 5,321
Office computers and furniture, net of accumulated depreciation of $964 and $747, respectively 637 709
Deferred leasing commissions, net of accumulated amortization of $17,841 and $15,031, respectively 28,354 27,837
Total assets 1,967,317 2,044,034
Liabilities:    
Bank note payable 285,000 306,500
Term loans payable 620,000 620,000
Accounts payable and accrued expenses 40,228 44,137
Accrued compensation 2,863 2,985
Tenant security deposits 4,331 4,027
Other liabilities: derivative liability 4,847 2,044
Acquired unfavorable real estate leases, less accumulated amortization of $8,045 and $6,926, respectively 11,679 14,175
Total liabilities 968,948 993,868
Commitments and contingencies      
Stockholders' Equity:    
Preferred stock, $.0001 par value, 20,000,000 shares authorized, none issued or outstanding      
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,187,405 and 100,187,405 shares issued and outstanding, respectively 10 10
Additional paid-in capital 1,273,556 1,273,556
Accumulated other comprehensive income (loss) (265) 3,277
Accumulated distributions in excess of accumulated earnings (274,932) (226,677)
Total stockholders' equity 998,369 1,050,166
Total liabilities and stockholders' equity $ 1,967,317 $ 2,044,034