COMBINED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Real estate investments: |
|
|
| Land and improvements |
$ 287,193
|
$ 249,504
|
| Buildings and improvements |
2,984,257
|
2,446,688
|
| Construction in progress |
33,646
|
10,433
|
| Acquired lease intangibles |
101,869
|
87,194
|
| Gross real estate investment |
3,406,965
|
2,793,819
|
| Accumulated depreciation and amortization |
(704,210)
|
(602,578)
|
| Net real estate property |
2,702,755
|
2,191,241
|
| Net investment in direct financing lease |
22,075
|
21,626
|
| Net real estate investments |
2,724,830
|
2,212,867
|
| Secured and unsecured loans receivable, net |
29,727
|
9,491
|
| Cash |
16,995
|
2,424
|
| Goodwill |
145,374
|
88,959
|
| Other assets |
38,043
|
18,009
|
| Total assets |
2,954,969
|
2,331,750
|
| Liabilities: |
|
|
| Term loans and other debt |
1,524,863
|
0
|
| Tenant deposits |
57,974
|
50,168
|
| Lease intangible liabilities, net |
130,348
|
145,640
|
| Accounts payable and other liabilities |
24,048
|
12,863
|
| Deferred income taxes |
1,889
|
0
|
| Total liabilities |
$ 1,739,122
|
$ 208,671
|
| Commitments and contingencies |
|
|
| Equity: |
|
|
| Preferred stock, $0.01 par value; 10,000 shares authorized, unissued at December 31, 2015 |
$ 0
|
$ 0
|
| Common stock, $0.01 par value; 300,000 shares authorized, 83,803 shares issued at December 31, 2015 |
838
|
0
|
| Additional paid-in capital |
1,264,650
|
0
|
| Dividends in excess of net income |
(51,056)
|
0
|
| Parent Company Investment |
0
|
2,118,216
|
| Total CCP equity |
1,214,432
|
2,118,216
|
| Noncontrolling interest |
1,415
|
4,863
|
| Total equity |
1,215,847
|
2,123,079
|
| Total liabilities and equity |
$ 2,954,969
|
$ 2,331,750
|