CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real estate properties:
Land	$ 803,773	$ 781,426
Buildings, improvements and equipment	6,926,750	6,675,514
Total real estate properties, gross	7,730,523	7,456,940
Less accumulated depreciation	(1,328,011)	(1,147,540)
Total real estate properties, net	6,402,512	6,309,400
Cash and cash equivalents	31,749	37,656
Restricted cash	3,829	6,155
Investments in available for sale securities	115,612	51,472
Due from affiliate	18,439	17,912
Acquired real estate leases and other intangible assets, net	514,446	604,286
Other assets	141,167	133,209
Total assets	7,227,754	7,160,090
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	327,000	775,000
Unsecured term loans, net	547,058	546,305
Senior unsecured notes, net	1,722,758	1,478,536
Secured debt and capital leases, net	1,117,649	679,295
Accrued interest	18,471	16,974
Due to affiliate	22,296	15,008
Assumed real estate lease obligations, net	106,038	115,363
Other liabilities	167,079	173,849
Total liabilities	4,028,349	3,800,330
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 237,544,479 and 237,471,559 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively	2,375	2,375
Additional paid in capital	4,533,456	4,531,703
Cumulative net income	1,618,885	1,477,590
Cumulative other comprehensive income (loss)	34,549	(32,537)
Cumulative distributions	(2,989,860)	(2,619,371)
Total shareholders’ equity	3,199,405	3,359,760
Total liabilities and shareholders’ equity	$ 7,227,754	$ 7,160,090