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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Rental properties, net of accumulated depreciation of $562,195 and $534,303 at March 31, 2016 and December 31, 2015, respectively $ 3,214,347 $ 3,025,199
Land held for development 22,530 23,610
Property under development 266,574 378,920
Mortgage notes and related accrued interest receivable 457,429 423,780
Investment in a direct financing lease, net 191,720 190,880
Investment in joint ventures 5,869 6,168
Cash and cash equivalents 10,980 4,283
Restricted cash 23,428 10,578
Accounts receivable, net 62,403 59,101
Other assets 88,260 94,751
Total assets 4,343,540 4,217,270
Liabilities:    
Accounts payable and accrued liabilities 77,523 92,178
Common dividends payable 20,269 18,401
Preferred dividends payable 5,952 5,951
Unearned rents and interest 56,627 44,952
Debt 1,996,131 1,981,920
Total liabilities 2,156,502 2,143,402
Equity:    
Common Shares, $.01 par value; 75,000,000 shares authorized; and 65,838,128 and 63,195,182 shares issued at March 31, 2016 and December 31, 2015, respectively 658 632
Preferred shares, $.01 par value; 25,000,000 shares authorized:    
Additional paid-in-capital 2,643,605 2,508,445
Treasury shares at cost: 2,496,860 and 2,371,198 common shares at March 31, 2016 and December 31, 2015, respectively (104,864) (97,328)
Accumulated other comprehensive income 3,708 5,622
Distributions in excess of net income (356,208) (343,642)
Total equity 2,187,038 2,073,868
Total liabilities and equity 4,343,540 4,217,270
Series C Preferred Shares [Member]    
Preferred shares, $.01 par value; 25,000,000 shares authorized:    
Preferred shares 54 54
Series E Preferred Shares [Member]    
Preferred shares, $.01 par value; 25,000,000 shares authorized:    
Preferred shares 35 35
Series F Preferred Stock [Member]    
Preferred shares, $.01 par value; 25,000,000 shares authorized:    
Preferred shares $ 50 $ 50