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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Real estate assets:    
Land $ 177,505 $ 170,021
Buildings and improvements 1,713,296 1,637,066
Fixtures and equipment 3,205 2,528
Total real estate assets, gross 1,894,006 1,809,615
Less accumulated depreciation 326,485 299,991
Real estate assets, net 1,567,521 1,509,624
Acquired real estate leases, less accumulated amortization of $116,206 and $112,844, respectively 102,226 108,046
Investment in non-consolidated REITs 75,761 77,019
Asset held for sale 8,893  
Cash and cash equivalents 13,372 18,163
Restricted cash 48 23
Tenant rent receivables, less allowance for doubtful accounts of $200 and $130, respectively 3,331 2,898
Straight-line rent receivable, less allowance for doubtful accounts of $50 and $50, respectively 50,742 48,502
Prepaid expenses and other assets 6,460 5,484
Related party mortgage loan receivables 79,045 118,641
Other assets: derivative asset   1,132
Office computers and furniture, net of accumulated depreciation of $1,496 and $1,333, respectively 370 484
Deferred leasing commissions, net of accumulated amortization of $20,853 and $20,002, respectively 32,676 28,999
Total assets 1,940,445 1,919,015
Liabilities:    
Bank note payable 278,000 290,000
Term loans payable, less unamortized financing costs of $4,524 and $2,353, respectively 615,636 617,647
Accounts payable and accrued expenses 53,964 49,489
Accrued compensation 3,238 3,726
Tenant security deposits 4,719 4,829
Other liabilities: derivative liability 12,651 8,243
Acquired unfavorable real estate leases, less accumulated amortization of $9,997 and $9,368, respectively 9,289 9,425
Total liabilities 977,497 983,359
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, 107,231,155 and 100,187,405 shares issued and outstanding, respectively 11 10
Additional paid-in capital 1,356,457 1,273,556
Accumulated other comprehensive loss (12,263) (7,111)
Accumulated distributions in excess of accumulated earnings (381,257) (330,799)
Total stockholders' equity 962,948 935,656
Total liabilities and stockholders' equity $ 1,940,445 $ 1,919,015