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INTERIM CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Real Estate Assets    
Land $ 164,822 $ 165,109
Buildings, improvements and equipment 2,965,488 2,839,261
Less: Accumulated depreciation (745,237) (702,944)
Total real estate assets 2,385,073 2,301,426
Construction in progress 1,119,749 1,028,765
Real Estate Assets, net 3,504,822 3,330,191
Investments in unconsolidated entity 25,858 22,608
Operating lease right-of-use assets, net 49,851 51,342
Cash and cash equivalents 14,652 22,775
Rents and other receivables, net 124,392 107,563
Acquired intangibles, net 64,934 68,090
Deferred costs, net 64,333 63,689
Prepaid expenses 14,147 10,253
Goodwill 173,843 173,843
Other assets, net 48,458 48,218
TOTAL ASSETS 4,085,290 3,898,572
LIABILITIES    
Unsecured term loans and revolver, net 1,305,167 1,335,241
Senior notes, net of debt issuance costs 492,775 492,534
Finance leases 42,525 41,718
Operating lease liabilities 56,327 58,005
Accounts payable and accrued liabilities 202,552 187,270
Dividends and distributions payable 41,686 39,373
Advance rents, security deposits and other liabilities 23,506 19,850
Derivative liabilities 36,751 53,722
Deferred income taxes 826 810
Deferred income 93,495 85,351
TOTAL LIABILITIES 2,295,610 2,313,874
EQUITY    
Common stock/units 690 646
Additional paid-in capital 1,834,309 1,622,857
Accumulated other comprehensive loss (35,181) (50,451)
Accumulated dividends in excess of earnings (536,031) (504,313)
Total stockholders’ equity 1,671,222 1,476,174
Noncontrolling interests 118,458 108,524
TOTAL EQUITY 1,789,680 1,584,698
TOTAL LIABILITIES AND EQUITY 4,085,290 3,898,572
Series A Redeemable Perpetual Preferred Stock    
EQUITY    
Cumulative redeemable perpetual preferred stock / units 103,212 103,212
Series B Convertible Perpetual Preferred Stock    
EQUITY    
Cumulative redeemable perpetual preferred stock / units $ 304,223 $ 304,223