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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Real Estate:    
Buildings and improvements $ 11,052,578 $ 11,692,654
Development costs and construction in progress 429,459 400,619
Land 1,752,890 1,881,487
Accumulated depreciation and amortization (2,699,174) (2,648,930)
Net real estate 10,535,753 11,325,830
Net investment in direct financing leases 715,104 752,589
Loans receivable, net 402,152 807,954
Investments in and advances to unconsolidated joint ventures 822,369 571,491
Accounts receivable, net of allowance of $4,312 and $4,459, respectively 34,571 45,116
Cash and cash equivalents 133,887 94,730
Restricted cash 27,135 42,260
Intangible assets, net 400,867 479,805
Assets held for sale, net 216,074 927,866
Other assets, net 616,169 711,624
Total assets 13,904,081 15,759,265
LIABILITIES AND EQUITY    
Bank line of credit 605,837 899,718
Term loans 226,205 440,062
Senior unsecured notes 6,393,926 7,133,538
Mortgage debt 145,417 623,792
Other debt 94,818 92,385
Intangible liabilities, net 53,427 58,145
Liabilities of assets held for sale, net 8,653 3,776
Accounts payable and accrued liabilities 381,189 417,360
Deferred revenue 140,378 149,181
Total liabilities 8,049,850 9,817,957
Commitments and contingencies
Common stock, $1.00 par value: 750,000,000 shares authorized; 469,034,877 and 468,081,489 shares issued and outstanding, respectively 469,035 468,081
Additional paid-in capital 8,224,531 8,198,890
Cumulative dividends in excess of earnings (3,137,642) (3,089,734)
Accumulated other comprehensive income (loss) (24,491) (29,642)
Total stockholders' equity 5,531,433 5,547,595
Joint venture partners 145,496 214,377
Non-managing member unitholders 177,302 179,336
Total noncontrolling interests 322,798 393,713
Total equity 5,854,231 5,941,308
Total liabilities and equity $ 13,904,081 $ 15,759,265