|
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
| Real estate investments, at cost: |
|
| Land |
$ 147,899 |
| Buildings, fixtures and improvements |
868,700 |
| Acquired intangible lease assets |
130,473 |
| Total real estate investments, at cost |
1,147,072 |
| Less: accumulated depreciation and amortization |
(14,947) |
| Total real estate investments, net |
1,132,125 |
| Cash and cash equivalents |
101,176 |
| Investment securities, at fair value |
58,566 |
| Deposits for real estate acquisitions |
33,035 |
| Prepaid expenses and other assets |
14,584 |
| Deferred costs, net |
7,889 |
| Total assets |
1,347,375 |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) |
|
| Mortgage note payable |
8,830 |
| Mortgage premium, net |
334 |
| Below-market lease liabilities, net |
909 |
| Accounts payable and accrued expenses |
15,447 |
| Deferred rent |
1,216 |
| Distributions payable |
8,825 |
| Total liabilities |
35,561 |
| Preferred stock, $0.01 par value per share, 50,000,000 shares authorized, none issued and outstanding |
0 |
| Common stock, $0.01 par value per share, 300,000,000 shares authorized, 62,985,937 shares issued and outstanding as of December 31, 2013 |
630 |
| Additional paid-in capital |
1,383,066 |
| Accumulated other comprehensive loss |
(6,981) |
| Accumulated deficit |
(64,901) |
| Total stockholders' equity |
1,311,814 |
| Total liabilities and stockholders' equity |
$ 1,347,375 |