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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Real estate assets:    
Operating properties, net of accumulated depreciation of $874,988 and $803,073 in 2021 and 2020, respectively $ 6,506,910 $ 6,232,546
Projects under development 174,803 57,389
Land 157,681 162,406
Total properties 6,839,394 6,452,341
Real estate assets and other assets held for sale, net 0 125,746
Cash and cash equivalents 8,937 4,290
Restricted cash 1,231 1,848
Accounts receivable 12,553 20,248
Deferred rents receivable 154,866 138,341
Investment in unconsolidated joint ventures 77,811 125,481
Intangible assets, net 168,553 189,164
Other assets 48,689 49,939
Total assets 7,312,034 7,107,398
Liabilities:    
Notes payable 2,237,509 2,162,719
Accounts payable and accrued expenses 224,523 186,267
Deferred income 74,515 62,319
Intangible liabilities, net 63,223 69,846
Other liabilities 111,864 118,103
Liabilities of real estate assets held for sale, net 0 12,606
Total liabilities 2,711,634 2,611,860
Commitments and contingencies
Stockholders' investment:    
Common stock, $1 par value per share, 300,000,000 shares authorized, 151,272,969 and 151,149,289 shares issued and outstanding in 2021 and 2020, respectively 151,273 151,149
Additional paid-in capital 5,549,308 5,542,762
Treasury stock at cost, 2,584,933 shares in 2021 and 2020 (148,473) (148,473)
Distributions in excess of cumulative net income (985,338) (1,078,304)
Total stockholders' investment 4,566,770 4,467,134
Nonredeemable noncontrolling interests 33,630 28,404
Total equity 4,600,400 4,495,538
Total liabilities and equity $ 7,312,034 $ 7,107,398