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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Investments in real estate:    
Land, buildings and improvements $ 5,429,239 $ 5,285,837
Net investments in direct financing leases 717,184 684,059
In-place lease and other intangible assets 1,204,770 1,172,238
Above-market rent intangible assets 639,140 632,383
Assets held for sale 10,596 26,247
Investments in real estate 8,000,929 7,800,764
Accumulated depreciation and amortization (1,249,024) (1,018,864)
Net investments in real estate 6,751,905 6,781,900
Equity investments in the Managed Programs and real estate 327,598 298,893
Cash and cash equivalents 169,770 155,482
Due from affiliates 154,336 299,610
Other assets, net 287,481 282,149
Goodwill 643,321 635,920
Total assets 8,334,411 8,453,954
Debt:    
Unsecured senior notes, net 2,455,383 1,807,200
Unsecured term loans, net 382,191 249,978
Unsecured revolving credit facility 224,213 676,715
Non-recourse mortgages, net 1,253,051 1,706,921
Debt, net 4,314,838 4,440,814
Accounts payable, accrued expenses and other liabilities 255,911 266,917
Below-market rent and other intangible liabilities, net 116,980 122,203
Deferred income taxes 86,581 90,825
Distributions payable 109,187 107,090
Total liabilities 4,883,497 5,027,849
Redeemable noncontrolling interest 965 965
Commitments and contingencies (Note 11)
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued 0 0
Common stock, $0.001 par value, 450,000,000 shares authorized; 106,897,515 and 106,294,162 shares, respectively, issued and outstanding 107 106
Additional paid-in capital 4,429,240 4,399,961
Distributions in excess of accumulated earnings (1,017,901) (894,137)
Deferred compensation obligation 46,711 50,222
Accumulated other comprehensive loss (229,581) (254,485)
Total stockholders’ equity 3,228,576 3,301,667
Noncontrolling interests 221,373 123,473
Total equity 3,449,949 3,425,140
Total liabilities and equity $ 8,334,411 $ 8,453,954