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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Real estate properties:    
Land $ 806,369 $ 803,773
Buildings and improvements 6,993,451 6,926,750
Total real estate properties, gross 7,799,820 7,730,523
Accumulated depreciation (1,426,382) (1,328,011)
Total real estate properties, net 6,373,438 6,402,512
Cash and cash equivalents 27,160 31,749
Restricted cash 13,776 3,829
Acquired real estate leases and other intangible assets, net 476,494 514,446
Other assets, net 292,752 275,218
Total assets 7,183,620 7,227,754
LIABILITIES AND EQUITY    
Unsecured revolving credit facility 434,000 327,000
Unsecured term loans, net 547,434 547,058
Senior unsecured notes, net 1,724,210 1,722,758
Secured debt and capital leases, net 817,083 1,117,649
Accrued interest 17,486 18,471
Assumed real estate lease obligations, net 101,007 106,038
Other liabilities 201,621 189,375
Total liabilities 3,842,841 4,028,349
Commitments and contingencies
Equity attributable to common shareholders:    
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 237,558,963 and 237,544,479 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 2,376 2,375
Additional paid in capital 4,607,742 4,533,456
Cumulative net income 1,667,082 1,618,885
Cumulative other comprehensive income 58,861 34,549
Cumulative distributions (3,175,144) (2,989,860)
Total equity attributable to common shareholders 3,160,917 3,199,405
Noncontrolling interest:    
Total equity attributable to noncontrolling interest 179,862 0
Total equity 3,340,779 3,199,405
Total liabilities and equity $ 7,183,620 $ 7,227,754