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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
REAL ESTATE ASSETS:    
Land and improvements $ 1,184,496 $ 1,160,138
Buildings and improvements 5,300,313 5,207,984
Undeveloped land and construction in progress 2,131,358 2,058,510
Total real estate assets held for investment 8,616,167 8,426,632
Accumulated depreciation and amortization (1,441,506) (1,391,368)
Total real estate assets held for investment, net 7,174,661 7,035,264
CASH AND CASH EQUIVALENTS 49,693 51,604
RESTRICTED CASH 6,300 119,430
MARKETABLE SECURITIES (Note 10) 24,098 21,779
CURRENT RECEIVABLES, NET (Note 1) 28,016 20,176
DEFERRED RENT RECEIVABLES, NET (Note 1) 280,756 267,007
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Note 1) 187,309 197,574
RIGHT OF USE GROUND LEASE ASSETS (Notes 1 and 9) 82,794  
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 2) 50,360 52,873
TOTAL ASSETS 7,883,987 7,765,707
LIABILITIES:    
Secured debt, net (Notes 3 and 10) 259,878 335,531
Unsecured debt, net (Notes 3 and 10) 2,552,883 2,552,070
Unsecured line of credit (Notes 3, 10 and 15) 185,000 45,000
Accounts payable, accrued expenses and other liabilities 373,691 374,415
Ground lease liabilities (Notes 1 and 9) 87,247  
Accrued dividends and distributions (Note 15) 47,676 47,559
Deferred revenue and acquisition-related intangible liabilities, net 138,973 149,646
Rents received in advance and tenant security deposits 55,457 60,225
Total liabilities 3,700,805 3,564,446
COMMITMENTS AND CONTINGENCIES (Note 9)
Stockholders’ Equity (Note 4):    
Common stock, $.01 par value, 150,000,000 shares authorized, 100,967,024 and 100,746,988 shares issued and outstanding, respectively 1,010 1,007
Additional paid-in capital 3,976,204 3,976,953
Distributions in excess of earnings (Note 1) (62,690) (48,053)
Total stockholders’ equity 3,914,524 3,929,907
Noncontrolling Interests (Notes 1 and 5):    
Common units of the Operating Partnership 78,413 78,991
Noncontrolling interests in consolidated property partnerships 190,245 192,363
Total noncontrolling interests 268,658 271,354
Total equity 4,183,182 4,201,261
TOTAL LIABILITIES AND EQUITY (CAPITAL) $ 7,883,987 $ 7,765,707