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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Real estate properties:    
Land $ 785,388 $ 781,426
Buildings and improvements 6,704,728 6,675,514
Total real estate properties, gross 7,490,116 7,456,940
Accumulated depreciation (1,193,550) (1,147,540)
Total real estate properties, net 6,296,566 6,309,400
Cash and cash equivalents 39,199 37,656
Restricted cash 6,853 6,155
Acquired real estate leases and other intangible assets, net 580,221 604,286
Other assets, net 231,312 202,593
Total assets 7,154,151 7,160,090
LIABILITIES AND SHAREHOLDERS' EQUITY    
Unsecured revolving credit facility 561,000 775,000
Unsecured term loans, net 546,493 546,305
Senior unsecured notes, net 1,720,714 1,478,536
Secured debt and capital leases, net 669,314 679,295
Accrued interest 33,628 16,974
Assumed real estate lease obligations, net 114,507 115,363
Other liabilities 185,751 188,857
Total liabilities $ 3,831,407 $ 3,800,330
Commitments and contingencies
Shareholders' equity:    
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 237,471,559 issued and outstanding at March 31, 2016 and December 31, 2015 $ 2,375 $ 2,375
Additional paid in capital 4,531,790 4,531,703
Cumulative net income 1,508,862 1,477,590
Cumulative other comprehensive losses (8,298) (32,537)
Cumulative distributions (2,711,985) (2,619,371)
Total shareholders' equity 3,322,744 3,359,760
Total liabilities and shareholders' equity $ 7,154,151 $ 7,160,090