Balance Sheet

 2014 Y2015 Y2016 Y2017 Y
Source Document12/31/201512/31/201612/31/201712/31/2017
(in thousands)    
Investments in real estate 1,764,1881,650,2351,574,933488,616
Investment in unconsolidated joint venture 225,501215,370190,585257,634
Assets held for sale 029,268NANA
Preferred equity investment 35,100NANANA
Derivatives, at fair value 205431165NA
Tenant and other receivables 4,8333,5373,904NA
Receivable for mortgage proceeds NA0260,000NA
Unbilled rent receivables 30,86642,90552,620NA
Prepaid expenses and other assets 13,19510,07415,061NA
Deferred costs, net 13,42912,3196,518NA
Cash and cash equivalents 22,51298,60445,536241,019
Restricted cash held in escrow 6,3472,0193,05899,768
Investment securities, at fair value 4,659NANANA
Accounts receivable NANANA3,696
Total Assets 2,120,8352,064,7622,152,3801,090,733
Real estate investments, at cost 
Land 494,065477,171477,171NA
Buildings, fixtures and improvements 1,235,9181,208,1381,176,152NA
Acquired intangible assets 158,383137,594132,348NA
Total real estate investments, at cost 1,888,3661,822,9031,785,671NA
Less accumulated depreciation and amortization (124,178)(172,668)(210,738)NA
Mortgage notes payable 172,242381,4431,107,526215,494
Credit facility 635,000485,000NANA
Liability for estimated costs in excess of estimated receipts during liquidation NANANA27,228
Accounts payable, accrued expenses and other liabilities 27,85027,73633,36414,881
Related party fees payable NANANA17
Total Liabilities 925,158972,4931,210,711257,620
Liabilities and Equity 
Market lease intangibles, net 84,22073,08365,187NA
Derivatives, at fair value 1,2761,26674NA
Deferred revenue 4,5503,6174,548NA
Dividend payable 202712NA
Preferred stock 000NA
Convertible preferred stock 000NA
Common stock 1,6221,6261,671NA
Additional paid-in capital 1,401,6191,403,6241,445,092NA
Accumulated other comprehensive loss (816)(1,237)(713)NA
Accumulated deficit (255,478)(369,273)(515,073)NA
Total stockholders' equity 1,146,9471,034,740930,977NA
Non-controlling interests 48,73057,52910,692NA
Total equity 1,195,6771,092,269941,669NA
Total liabilities and equity 2,120,8352,064,7622,152,380NA
Liabilities related to assets held for sale 0321NANA
Net assets in liquidation NANANA833,113

Data shown on this page is extracted directly from the company’s documents. SNL 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, SNL, as always, stands by its commitment to the quality of the data.

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