As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

Assets

Land 494,065 477,171 477,171 NA NA
Buildings, fixtures and improvements 1,235,918 1,208,138 1,176,152 NA NA
Acquired intangible assets 158,383 137,594 132,348 NA NA
Total real estate investments, at cost 1,888,366 1,822,903 1,785,671 NA NA
Less accumulated depreciation and amortization (124,178) (172,668) (210,738) NA NA
Investments in real estate 1,764,188 1,650,235 1,574,933 488,616 41,000
Investment in unconsolidated joint venture 225,501 215,370 190,585 257,634 268,039
Assets held for sale 0 29,268 NA NA NA
Preferred equity investment 35,100 NA NA NA NA
Derivatives, at fair value 205 431 165 NA NA
Tenant and other receivables 4,833 3,537 3,904 NA NA
Receivable for mortgage proceeds NA 0 260,000 NA NA
Unbilled rent receivables 30,866 42,905 52,620 NA NA
Prepaid expenses and other assets 13,195 10,074 15,061 NA NA
Deferred costs, net 13,429 12,319 6,518 NA NA
Cash and cash equivalents 22,512 98,604 45,536 241,019 31,296
Restricted cash held in escrow 6,347 2,019 3,058 99,768 93,435
Investment securities, at fair value 4,659 NA NA NA NA
Accounts receivable NA NA NA 3,696 2,196
Total Assets 2,120,835 2,064,762 2,152,380 1,090,733 435,966

Liabilities

Mortgage notes payable 172,242 381,443 1,107,526 215,494 0
Credit facility 635,000 485,000 NA NA NA
Market lease intangibles, net 84,220 73,083 65,187 NA NA
Liabilities related to assets held for sale 0 321 NA NA NA
Derivatives, at fair value 1,276 1,266 74 NA NA
Liability for estimated costs in excess of estimated receipts during liquidation NA NA NA 27,228 462
Accounts payable, accrued expenses and other liabilities 27,850 27,736 33,364 14,881 8,117
Deferred revenue 4,550 3,617 4,548 NA NA
Dividend payable 20 27 12 NA NA
Related party fees payable NA NA NA 17 0
Total Liabilities 925,158 972,493 1,210,711 257,620 8,579
Preferred stock 0 0 0 NA NA
Convertible preferred stock 0 0 0 NA NA
Common stock 1,622 1,626 1,671 NA NA
Additional paid-in capital 1,401,619 1,403,624 1,445,092 NA NA
Accumulated other comprehensive loss (816) (1,237) (713) NA NA
Accumulated deficit (255,478) (369,273) (515,073) NA NA
Total stockholders' equity 1,146,947 1,034,740 930,977 NA NA
Non-controlling interests 48,730 57,529 10,692 NA NA
Total equity 1,195,677 1,092,269 941,669 NA NA
Total liabilities and equity 2,120,835 2,064,762 2,152,380 NA NA
Net assets in liquidation NA NA NA 833,113 427,387
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.