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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real estate, at cost:    
Land $ 4,259,909 $ 4,080,400
Buildings and improvements 11,145,329 10,936,069
Total real estate, at cost 15,405,238 15,016,469
Less accumulated depreciation and amortization (2,433,678) (2,346,644)
Net real estate held for investment 12,971,560 12,669,825
Real estate held for sale, net 29,953 6,674
Net real estate 13,001,513 12,676,499
Cash and cash equivalents 20,627 6,898
Accounts receivable, net 125,690 119,533
Acquired lease intangible assets, net 1,262,252 1,194,930
Goodwill 14,943 14,970
Other assets, net 49,068 45,336
Total assets 14,474,093 14,058,166
LIABILITIES AND EQUITY    
Distributions payable 62,904 60,799
Accounts payable and accrued expenses 92,379 109,523
Acquired lease intangible liabilities, net 303,204 268,796
Other liabilities 123,705 116,869
Line of credit payable 1,082,000 110,000
Term loans, net 319,441 445,286
Mortgages payable, net 313,173 325,941
Notes payable, net 4,879,628 5,230,244
Total liabilities 7,176,434 6,667,458
Commitments and contingencies
Stockholders' equity:    
Common stock and paid in capital, par value $0.01 per share, 370,100,000 shares authorized, 284,380,175 shares issued and outstanding as of March 31, 2018 and 284,213,685 shares issued and outstanding as of December 31, 2017 9,625,200 9,624,264
Distributions in excess of net income (2,357,220) (2,252,763)
Total stockholders' equity 7,267,980 7,371,501
Noncontrolling interests 29,679 19,207
Total equity 7,297,659 7,390,708
Total liabilities and equity $ 14,474,093 $ 14,058,166