Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Investments in real estate:
Land, buildings and improvements	$ 5,523,209	$ 5,457,265
Net investments in direct financing leases	725,676	721,607
In-place lease and other intangible assets	1,235,828	1,213,976
Above-market rent intangible assets	639,057	640,480
Assets held for sale, net	33,182	0
Investments in real estate	8,156,952	8,033,328
Accumulated depreciation and amortization	(1,399,810)	(1,329,613)
Net investments in real estate	6,757,142	6,703,715
Equity investments in the Managed Programs and real estate	358,068	341,457
Cash and cash equivalents	171,331	162,312
Due from affiliates	75,540	105,308
Other assets, net	280,054	274,650
Goodwill	645,736	643,960
Total assets	8,287,871	8,231,402
Debt:
Unsecured senior notes, net	3,115,839	2,474,661
Unsecured revolving credit facility	267,424	216,775
Unsecured term loans, net	0	388,354
Non-recourse mortgages, net	1,005,868	1,185,477
Debt, net	4,389,131	4,265,267
Accounts payable, accrued expenses and other liabilities	247,138	263,053
Below-market rent and other intangible liabilities, net	111,801	113,957
Deferred income taxes	59,022	67,009
Distributions payable	110,309	109,766
Total liabilities	4,917,401	4,819,052
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; 107,194,440 and 106,922,616 shares, respectively, issued and outstanding	107	107
Additional paid-in capital	4,439,433	4,433,573
Distributions in excess of accumulated earnings	(1,097,415)	(1,052,064)
Deferred compensation obligation	36,147	46,656
Accumulated other comprehensive loss	(229,238)	(236,011)
Total stockholders’ equity	3,149,034	3,192,261
Noncontrolling interests	220,471	219,124
Total equity	3,369,505	3,411,385
Total liabilities and equity	$ 8,287,871	$ 8,231,402