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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Land $ 2,781,888 $ 2,788,155
Building and improvements 9,281,267 8,920,951
Real estate 12,063,155 11,709,106
Less: accumulated depreciation and amortization [1] (2,717,114) (2,500,053)
Total real estate, net 9,346,041 9,209,053
Investments in and advances to real estate joint ventures 590,700 578,100
Cash and cash equivalents 293,188 123,947
Marketable securities 706,954 9,353
Accounts and notes receivable, net 219,248 218,689
Deferred charges and prepaid expenses 135,967 150,330
Operating lease right-of-use assets, net 102,369 99,125
Other assets 97,225 194,682
Total assets [2] 11,614,498 10,997,867
Liabilities:    
Notes payable, net 5,044,208 4,831,759
Mortgages and construction loan payable, net 311,272 484,008
Accounts payable and accrued expenses 146,457 170,082
Dividends payable 5,366 126,274
Operating lease liabilities 96,619 92,711
Other liabilities 324,538 346,183
Total liabilities [3] 5,928,460 6,051,017
Redeemable noncontrolling interests 15,784 17,943
Commitments and contingencies (Footnote 20)
Stockholders' equity:    
Preferred stock, $1.00 par value, authorized 7,054,000 shares; Issued and outstanding (in series) 19,580 shares; Aggregate liquidation preference $489,500 20 20
Common stock, $.01 par value, authorized 750,000,000 shares; issued and outstanding 432,518,743, and 431,814,951 shares, respectively 4,325 4,318
Paid-in capital 5,766,511 5,765,233
Cumulative distributions in excess of net income (162,812) (904,679)
Total stockholders' equity 5,608,044 4,864,892
Noncontrolling interests 62,210 64,015
Total equity 5,670,254 4,928,907
Total liabilities and equity 11,614,498 10,997,867
Real Estate Under Development [Member]    
Assets:    
Real estate under development 5,672 220,170
Investments in and Advances to Real Estate Joint Ventures [Member]    
Assets:    
Investments in and advances to real estate joint ventures 590,694 578,118
Other Real Estate Investments [Member]    
Assets:    
Other real estate investments $ 117,140 $ 194,400
[1] At December 31, 2020 and 2019, the Company had accumulated amortization relating to in-place leases and above-market leases aggregating $499,022 and $485,040, respectively.
[2] Includes restricted assets of consolidated variable interest entities ("VIEs") at December 31, 2020 and December 31, 2019 of $102,482 and $245,489, respectively. See Footnote 10 of the Notes to Consolidated Financial Statements.
[3] Includes non-recourse liabilities of consolidated VIEs at December 31, 2020 and December 31, 2019 of $62,076 and $153,436, respectively. See Footnote 10 of the Notes to Consolidated Financial Statements.