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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Real estate assets:    
Operating properties, net of accumulated depreciation of $561,489 and $421,495 in 2019 and 2018, respectively $ 5,532,963 $ 3,603,011
Projects under development 370,755 24,217
Land 113,578 72,563
Total real estate assets 6,017,296 3,699,791
Real estate assets and other assets held for sale 29,193 0
Cash and cash equivalents 12,396 2,547
Restricted cash 2,268 148
Notes and accounts receivable 28,792 13,821
Deferred rents receivable 101,213 83,116
Investment in unconsolidated joint ventures 186,079 161,907
Intangible assets, net 255,613 145,883
Other assets 71,270 39,083
Total assets 6,704,120 4,146,296
Liabilities:    
Notes payable 1,850,817 1,062,570
Accounts payable and accrued expenses 225,632 110,159
Deferred income 57,411 41,266
Intangible liabilities, net of accumulated amortization of $56,414 and $42,473 in 2019 and 2018, respectively 89,578 56,941
Other liabilities 131,604 54,204
Total liabilities 2,355,042 1,325,140
Commitments and contingencies
Stockholders' investment:    
Preferred stock, $1 par value, 20,000,000 shares authorized, 1,716,837 shares issued and outstanding in 2019 and 2018 1,717 1,717
Common stock, $1 par value, 300,000,000 and 175,000,000 shares authorized in 2019 and 2018, respectively, and 149,347,204 and 107,681,130 shares issued in 2019 and 2018, respectively 149,347 107,681
Additional paid-in capital 5,493,265 3,934,385
Treasury stock at cost, 2,584,933 shares in 2019 and 2018 (148,473) (148,473)
Distributions in excess of cumulative net income (1,211,752) (1,129,445)
Total stockholders' investment 4,284,104 2,765,865
Nonredeemable noncontrolling interests 64,974 55,291
Total equity 4,349,078 2,821,156
Total liabilities and equity $ 6,704,120 $ 4,146,296