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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real estate held for investment, at cost:    
Land $ 14,408,324 $ 12,948,835
Buildings and improvements 33,606,951 29,707,751
Total real estate held for investment, at cost 48,015,275 42,656,586
Less accumulated depreciation and amortization (5,781,056) (4,904,165)
Real estate held for investment, net 42,234,219 37,752,421
Real estate and lease intangibles held for sale, net 19,927 29,535
Cash and cash equivalents 344,129 171,102
Accounts receivable, net 678,441 543,237
Lease intangible assets, net 5,089,293 5,168,366
Goodwill 3,731,478 3,731,478
Other assets, net 3,239,433 2,276,953
Total assets 55,336,920 49,673,092
LIABILITIES AND EQUITY    
Distributions payable 187,288 165,710
Accounts payable and accrued expenses 660,366 399,137
Lease intangible liabilities, net 1,426,264 1,379,436
Other liabilities 786,437 774,787
Line of credit payable and commercial paper 858,260 2,729,040
Term loan, net 1,287,995 249,755
Mortgages payable, net 824,240 853,925
Notes payable, net 17,482,652 14,278,013
Total liabilities 23,513,502 20,829,803
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common stock and paid in capital, par value $0.01 per share, 1,300,000 shares authorized, 723,894 and 660,300 shares issued and outstanding as of September 30, 2023, and December 31, 2022, respectively 38,031,829 34,159,509
Distributions in excess of net income (6,416,534) (5,493,193)
Accumulated other comprehensive income 41,849 46,833
Total stockholders’ equity 31,657,144 28,713,149
Noncontrolling interests 166,274 130,140
Total equity 31,823,418 28,843,289
Total liabilities and equity $ 55,336,920 $ 49,673,092