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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Real estate assets:    
Land $ 180,271 $ 183,930
Buildings and improvements 1,636,444 1,604,984
Fixtures and equipment 1,800 1,677
Total real estate assets, gross 1,818,515 1,790,591
Less accumulated depreciation 279,172 266,284
Real estate assets, net 1,539,343 1,524,307
Acquired real estate leases, less accumulated amortization of $110,884 and $101,838, respectively 126,926 138,714
Investment in non-consolidated REITs 78,164 78,611
Cash and cash equivalents 15,841 7,519
Restricted cash 48 742
Tenant rent receivables, less allowance for doubtful accounts of $250 and $325, respectively 2,886 4,733
Straight-line rent receivable, less allowance for doubtful accounts of $50 and $162, respectively 46,168 47,021
Prepaid expenses and other assets 9,096 10,292
Related party mortgage loan receivables 93,641 93,641
Other assets: derivative asset 918 3,020
Office computers and furniture, net of accumulated depreciation of $1,183 and $1,036, respectively 562 609
Deferred leasing commissions, net of accumulated amortization of $18,386 and $16,944, respectively 26,508 27,181
Total assets 1,940,101 1,936,390
Liabilities:    
Bank note payable 300,000 268,000
Term loans payable 620,000 620,000
Accounts payable and accrued expenses 39,199 42,561
Accrued compensation 2,327 3,758
Tenant security deposits 4,315 4,248
Other liabilities: derivative liability 7,632 7,268
Acquired unfavorable real estate leases, less accumulated amortization of $9,779 and $8,687, respectively 11,082 10,908
Total liabilities $ 984,555 $ 956,743
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 loss (6,714) (4,248)
Accumulated distributions in excess of accumulated earnings (311,306) (289,671)
Total stockholders' equity 955,546 979,647
Total liabilities and stockholders' equity $ 1,940,101 $ 1,936,390