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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Real estate:    
Buildings and improvements $ 10,956,474 $ 11,239,732
Development costs and construction in progress 442,007 447,976
Land 1,663,069 1,785,865
Accumulated depreciation and amortization (2,825,850) (2,741,695)
Net real estate 10,235,700 10,731,878
Net investment in direct financing leases 714,709 714,352
Loans receivable, net 41,302 313,326
Investments in and advances to unconsolidated joint ventures 623,255 800,840
Accounts receivable, net of allowance of $4,552 and $4,425, respectively 48,701 40,733
Cash and cash equivalents 78,864 55,306
Restricted cash 29,877 26,897
Intangible assets, net 305,805 410,082
Assets held for sale, net 423,063 417,014
Other assets, net 582,682 578,033
Total assets 13,083,958 14,088,461
LIABILITIES AND EQUITY    
Bank line of credit 636,709 1,017,076
Term loan 223,468 228,288
Senior unsecured notes 5,706,181 6,396,451
Mortgage debt 139,401 144,486
Other debt 92,494 94,165
Intangible liabilities, net 56,871 52,579
Liabilities of assets held for sale, net 3,146 14,031
Accounts payable and accrued liabilities 410,804 401,738
Deferred revenue 174,509 144,709
Total liabilities 7,443,583 8,493,523
Commitments and contingencies
Common stock, $1.00 par value: 750,000,000 shares authorized; 469,916,246 and 469,435,678 shares issued and outstanding, respectively 469,916 469,436
Additional paid-in capital 8,189,946 8,226,113
Cumulative dividends in excess of earnings (3,584,397) (3,370,520)
Accumulated other comprehensive income (loss) (4,297) (24,024)
Total stockholders' equity 5,071,168 5,301,005
Joint venture partners 392,319 117,045
Non-managing member unitholders 176,888 176,888
Total noncontrolling interests 569,207 293,933
Total equity 5,640,375 5,594,938
Total liabilities and equity $ 13,083,958 $ 14,088,461