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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Real Estate:    
Buildings and improvements $ 11,114,139,000 $ 11,692,654,000
Development costs and construction in progress 444,528,000 400,619,000
Land 1,765,305,000 1,881,487,000
Accumulated depreciation and amortization (2,672,489,000) (2,648,930,000)
Net real estate 10,651,483,000 11,325,830,000
Net investment in direct financing leases 711,777,000 752,589,000
Loans receivable, net 393,575,000 807,954,000
Investments in and advances to unconsolidated joint ventures 829,231,000 571,491,000
Accounts receivable, net of allowance of $4,104 and $4,459, respectively 36,969,000 45,116,000
Cash and cash equivalents 391,965,000 94,730,000
Restricted cash 61,481,000 42,260,000
Intangible assets, net 414,404,000 479,805,000
Assets held for sale, net 0 927,866,000
Other assets, net 611,690,000 711,624,000
Total assets 14,102,575,000 15,759,265,000
LIABILITIES AND EQUITY    
Bank line of credit 136,311,000 899,718,000
Term loans 218,832,000 440,062,000
Senior unsecured notes 6,889,045,000 7,133,538,000
Mortgage debt 146,337,000 623,792,000
Other debt 94,801,000 92,385,000
Intangible liabilities, net 51,463,000 58,145,000
Liabilities of assets held for sale, net 0 3,776,000
Accounts payable and accrued liabilities 389,690,000 417,360,000
Deferred revenue 147,155,000 149,181,000
Total liabilities 8,073,634,000 9,817,957,000
Commitments and contingencies
Common stock, $1.00 par value: 750,000,000 shares authorized; 468,879,344 and 468,081,489 shares issued and outstanding, respectively 468,879,000 468,081,000
Additional paid-in capital 8,216,781,000 8,198,890,000
Cumulative dividends in excess of earnings (2,956,324,000) (3,089,734,000)
Accumulated other comprehensive loss (27,289,000) (29,642,000)
Total stockholders' equity 5,702,047,000 5,547,595,000
Joint venture partners 149,456,000 214,377,000
Non-managing member unitholders 177,438,000 179,336,000
Total noncontrolling interests 326,894,000 393,713,000
Total equity 6,028,941,000 5,941,308,000
Total liabilities and equity $ 14,102,575,000 $ 15,759,265,000