CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Real estate, at cost:
Land	$ 5,058,572	$ 4,682,660
Buildings and improvements	12,774,967	11,858,806
Total real estate, at cost	17,833,539	16,541,466
Less accumulated depreciation and amortization	(2,911,779)	(2,714,534)
Net real estate held for investment	14,921,760	13,826,932
Real estate held for sale, net	18,506	16,585
Net real estate	14,940,266	13,843,517
Cash and cash equivalents	27,136	10,387
Accounts receivable	165,470	144,991
Lease intangible assets, net	1,308,564	1,199,597
Goodwill	14,536	14,630
Other assets, net	292,658	47,361
Total assets	16,748,630	15,260,483
LIABILITIES AND EQUITY
Distributions payable	72,752	67,789
Accounts payable and accrued expenses	156,859	133,765
Lease intangible liabilities, net	330,893	310,866
Other liabilities	251,244	127,109
Line of credit payable	8,000	252,000
Term loans, net	498,829	568,610
Mortgages payable, net	299,397	302,569
Notes payable, net	6,268,062	5,376,797
Total liabilities	7,886,036	7,139,505
Commitments and contingencies
Stockholders’ equity:
Common stock and paid in capital, par value $0.01 per share, 740,200,000 shares authorized, 318,218,713 shares issued and outstanding as of June 30, 2019 and 370,100,000 shares authorized, 303,742,090 shares issued and outstanding as of December 31, 2018	11,722,036	10,754,495
Distributions in excess of net income	(2,869,937)	(2,657,655)
Accumulated other comprehensive loss	(14,597)	(8,098)
Total stockholders’ equity	8,837,502	8,088,742
Noncontrolling interests	25,092	32,236
Total equity	8,862,594	8,120,978
Total liabilities and equity	$ 16,748,630	$ 15,260,483