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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Real estate held for investment, at cost:    
Land $ 13,324,929 $ 12,948,835
Buildings and improvements 30,803,410 29,707,751
Total real estate held for investment, at cost 44,128,339 42,656,586
Less accumulated depreciation and amortization (5,188,105) (4,904,165)
Real estate held for investment, net 38,940,234 37,752,421
Real estate and lease intangibles held for sale, net 24,445 29,535
Cash and cash equivalents 164,576 171,102
Accounts receivable, net 617,359 567,963
Lease intangible assets, net 5,256,795 5,168,366
Goodwill 3,731,478 3,731,478
Other assets, net 2,366,551 2,252,227
Total assets 51,101,438 49,673,092
LIABILITIES AND EQUITY    
Distributions payable 173,223 165,710
Accounts payable and accrued expenses 422,365 399,137
Lease intangible liabilities, net 1,445,133 1,379,436
Other liabilities 789,903 774,787
Line of credit payable and commercial paper 1,304,858 2,729,040
Term loan, net 1,297,966 249,755
Mortgages payable, net 850,580 853,925
Notes payable, net 15,430,072 14,278,013
Total liabilities 21,714,100 20,829,803
Commitments and contingencies
Stockholders’ equity:    
Common stock and paid in capital, par value $0.01 per share, 1,300,000,000 shares authorized, 673,206,775 and 660,300,195 shares issued and outstanding as of March 31, 2023, and December 31, 2022, respectively 34,958,608 34,159,509
Distributions in excess of net income (5,772,923) (5,493,193)
Accumulated other comprehensive income 73,421 46,833
Total stockholders’ equity 29,259,106 28,713,149
Noncontrolling interests 128,232 130,140
Total equity 29,387,338 28,843,289
Total liabilities and equity $ 51,101,438 $ 49,673,092