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INTERIM CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Real Estate Assets    
Land $ 175,348 $ 165,109
Buildings, improvements and equipment 3,138,583 2,839,261
Less: Accumulated depreciation (789,192) (702,944)
Total real estate assets 2,524,739 2,301,426
Construction in progress 1,214,794 1,028,765
Real Estate Assets, net 3,739,533 3,330,191
Investments in unconsolidated entity 12,430 22,608
Operating lease right-of-use assets, net 48,342 51,342
Cash and cash equivalents 28,068 22,775
Rents and other receivables, net 134,870 107,563
Acquired intangibles, net 62,093 68,090
Deferred costs, net 69,133 63,689
Prepaid expenses 12,310 10,253
Goodwill 173,843 173,843
Other assets, net 53,967 48,218
TOTAL ASSETS 4,334,589 3,898,572
LIABILITIES    
Unsecured term loans and revolver, net 1,038,833 1,335,241
Senior notes, net of debt issuance costs 493,016 492,534
Finance leases 42,395 41,718
Operating lease liabilities 54,629 58,005
Accounts payable and accrued liabilities 240,738 187,270
Dividends and distributions payable 45,248 39,373
Advance rents, security deposits and other liabilities 19,818 19,850
Derivative liabilities 35,173 53,722
Deferred income taxes 948 810
Deferred income 114,978 85,351
TOTAL LIABILITIES 2,085,776 2,313,874
EQUITY    
Common stock/units 770 646
Additional paid-in capital 2,305,032 1,622,857
Accumulated other comprehensive loss (31,638) (50,451)
Accumulated dividends in excess of earnings (574,756) (504,313)
Total stockholders’ equity 2,106,843 1,476,174
Noncontrolling interests 141,970 108,524
TOTAL EQUITY 2,248,813 1,584,698
TOTAL LIABILITIES AND EQUITY 4,334,589 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