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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Real estate assets:    
Operating properties, net of accumulated depreciation of $1,079,662 and $874,988 in 2022 and 2021, respectively $ 6,738,354 $ 6,506,910
Projects under development 111,400 174,803
Land 158,430 157,681
Total properties 7,008,184 6,839,394
Cash and cash equivalents 5,145 8,937
Restricted cash 0 1,231
Accounts receivable 8,653 12,553
Deferred rents receivable 184,043 154,866
Investment in unconsolidated joint ventures 112,839 77,811
Intangible assets, net 136,240 168,553
Other assets, net 81,912 48,689
Total assets 7,537,016 7,312,034
Liabilities:    
Notes payable 2,334,606 2,237,509
Accounts payable and accrued expenses 271,103 224,523
Deferred income 128,636 74,515
Intangible liabilities, net 52,280 63,223
Other liabilities 103,442 111,864
Total liabilities 2,890,067 2,711,634
Commitments and contingencies
Stockholders' investment:    
Common stock, $1 par value per share, 300,000,000 shares authorized, 154,019,214 and 151,272,969 issued and 151,457,190 and 148,688,036 outstanding in 2022 and 2021, respectively 154,019 151,273
Additional paid-in capital 5,630,327 5,549,308
Treasury stock at cost, 2,562,024 and 2,584,933 shares in 2022 and 2021, respectively (147,157) (148,473)
Distributions in excess of cumulative net income (1,013,292) (985,338)
Accumulated other comprehensive income 1,767 0
Total stockholders' investment 4,625,664 4,566,770
Nonredeemable noncontrolling interests 21,285 33,630
Total equity 4,646,949 4,600,400
Total liabilities and equity $ 7,537,016 $ 7,312,034
Common stock, shares outstanding (in shares) 151,457,190 148,688,036