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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets:    
Real estate, at cost $ 3,721,461 $ 3,789,711
Real estate - intangible assets 688,749 692,778
Investments in real estate under construction 108,763 95,402
Real estate, gross 4,518,973 4,577,891
Less: accumulated depreciation and amortization 1,207,434 1,179,969
Real estate, net 3,311,539 3,397,922
Assets held for sale 21,045 24,425
Cash and cash equivalents 59,776 93,249
Restricted cash 12,767 10,637
Investment in and advances to non-consolidated entities 55,245 31,054
Deferred expenses, net 39,656 42,000
Loans receivable, net 95,829 95,871
Rent receivable – current 9,146 7,193
Rent receivable – deferred 102,195 87,547
Other assets 17,535 18,505
Total assets 3,724,733 3,808,403
Liabilities:    
Mortgages and notes payable, net 838,385 872,643
Revolving credit facility borrowings 123,000 177,000
Term loans payable, net 500,584 500,076
Senior notes payable, net 493,944 493,526
Convertible guaranteed notes payable, net 11,763 12,126
Trust preferred securities, net 127,046 126,996
Dividends payable 46,052 45,440
Liabilities held for sale 515 8,405
Accounts payable and other liabilities 43,054 41,479
Accrued interest payable 9,857 8,851
Deferred revenue - including below market leases, net 43,021 42,524
Prepaid rent 16,395 16,806
Total liabilities 2,253,616 2,345,872
Commitments and contingencies
Equity:    
Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares: Series C Cumulative Convertible Preferred, liquidation preference $96,770; 1,935,400 shares issued and outstanding 94,016 94,016
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 235,075,048 and 234,575,225 shares issued and outstanding in 2016 and 2015, respectively 24 23
Additional paid-in-capital 2,775,468 2,776,837
Accumulated distributions in excess of net income (1,413,504) (1,428,908)
Accumulated other comprehensive loss (7,520) (1,939)
Total shareholders’ equity 1,448,484 1,440,029
Noncontrolling interests 22,633 22,502
Total equity 1,471,117 1,462,531
Total liabilities and equity 3,724,733 3,808,403
LCIF [Member]    
Assets:    
Real estate, at cost 962,796 1,061,606
Real estate - intangible assets 178,866 189,700
Investments in real estate under construction 24,166 9,223
Real estate, gross 1,165,828 1,260,529
Less: accumulated depreciation and amortization 243,224 255,024
Real estate, net 922,604 1,005,505
Assets held for sale 3,905 0
Cash and cash equivalents 24,426 19,130
Restricted cash 2,917 2,457
Investment in and advances to non-consolidated entities 5,639 5,924
Deferred expenses, net 6,539 8,459
Rent receivable – current 677 801
Rent receivable – deferred 93,897 87,150
Other assets 1,393 1,500
Total assets 1,061,997 1,130,926
Liabilities:    
Mortgages and notes payable, net 379,082 431,599
Co-borrower debt 193,278 201,106
Related party advances, net 3,266 3,232
Dividends payable 16,493 17,214
Liabilities held for sale 161 0
Accounts payable and other liabilities 3,640 5,503
Accrued interest payable 1,245 942
Deferred revenue - including below market leases, net 4,765 5,306
Prepaid rent 4,319 4,367
Total liabilities 606,249 669,269
Commitments and contingencies
Equity:    
Partners' capital 455,748 461,657
Total liabilities and equity $ 1,061,997 $ 1,130,926