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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Real estate properties:    
Land $ 792,343 $ 793,123
Buildings and improvements 6,579,388 6,668,463
Total real estate properties, gross 7,371,731 7,461,586
Accumulated depreciation (1,651,864) (1,570,801)
Total real estate properties, net 5,719,867 5,890,785
Assets of properties held for sale 164,363 209,570
Cash and cash equivalents 82,241 37,357
Restricted cash 16,134 [1] 14,867
Acquired real estate leases and other intangible assets, net 298,429 337,875
Other assets, net 254,084 163,372
Total assets 6,535,118 6,653,826
Liabilities and Equity    
Unsecured revolving credit facility 0 537,500
Unsecured term loans, net 198,913 448,741
Senior unsecured notes, net 2,606,550 1,820,681
Secured debt and finance leases, net 692,385 694,739
Liabilities of properties held for sale 7,834 6,758
Accrued interest 53,681 24,060
Assumed real estate lease obligations, net 70,046 76,705
Other liabilities 264,003 167,592
Total liabilities 3,893,412 3,776,776
Commitments and contingencies
Equity attributable to common shareholders:    
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 238,268,478 and 237,897,163 shares issued and outstanding, respectively 2,383 2,379
Additional paid in capital 4,613,501 4,612,511
Cumulative net income 1,929,337 2,052,562
Cumulative distributions (4,031,177) (3,930,933)
Total equity attributable to common shareholders 2,514,044 2,736,519
Noncontrolling interest:    
Total equity attributable to noncontrolling interest 127,662 140,531
Total equity 2,641,706 2,877,050
Total liabilities and equity $ 6,535,118 $ 6,653,826
[1] Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties and cash held for the operations of one of our life science properties that is owned in a joint venture arrangement in which we own a 55% equity interest.