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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets:    
Real estate, at cost $ 3,459,784 $ 3,789,711
Real estate - intangible assets 598,359 692,778
Investments in real estate under construction 137,576 95,402
Real estate, gross 4,195,719 4,577,891
Less: accumulated depreciation and amortization 1,201,043 1,179,969
Real estate, net 2,994,676 3,397,922
Assets held for sale 29,819 24,425
Cash and cash equivalents 117,791 93,249
Restricted cash 42,387 10,637
Investment in and advances to non-consolidated entities 63,963 31,054
Deferred expenses, net 34,697 42,000
Loans receivable, net 95,808 95,871
Rent receivable – current 8,875 7,193
Rent receivable – deferred 22,843 87,547
Other assets 39,092 18,505
Total assets 3,449,951 3,808,403
Liabilities:    
Mortgages and notes payable, net 757,718 872,643
Revolving credit facility borrowings 0 177,000
Term loans payable, net 500,839 500,076
Senior notes payable, net 494,153 493,526
Convertible guaranteed notes payable, net 0 12,126
Trust preferred securities, net 127,071 126,996
Dividends payable 47,944 45,440
Liabilities held for sale 2,220 8,405
Accounts payable and other liabilities 30,796 41,479
Accrued interest payable 11,632 8,851
Deferred revenue - including below market leases, net 43,904 42,524
Prepaid rent 17,432 16,806
Total liabilities 2,033,709 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, 237,083,452 and 234,575,225 shares issued and outstanding in 2016 and 2015, respectively 24 23
Additional paid-in-capital 2,788,966 2,776,837
Accumulated distributions in excess of net income (1,481,484) (1,428,908)
Accumulated other comprehensive loss (4,883) (1,939)
Total shareholders’ equity 1,396,639 1,440,029
Noncontrolling interests 19,603 22,502
Total equity 1,416,242 1,462,531
Total liabilities and equity 3,449,951 3,808,403
LCIF [Member]    
Assets:    
Real estate, at cost 721,165 1,061,606
Real estate - intangible assets 99,752 189,700
Investments in real estate under construction 32,613 9,223
Real estate, gross 853,530 1,260,529
Less: accumulated depreciation and amortization 238,669 255,024
Real estate, net 614,861 1,005,505
Assets held for sale 11,637 0
Cash and cash equivalents 80,086 19,130
Restricted cash 1,645 2,457
Investment in and advances to non-consolidated entities 5,580 5,924
Deferred expenses, net 6,214 8,459
Rent receivable – current 448 801
Rent receivable – deferred 10,213 87,150
Other assets 1,846 1,500
Total assets 732,530 1,130,926
Liabilities:    
Mortgages and notes payable, net 169,444 431,599
Co-borrower debt 152,753 201,106
Related party advances, net 2,993 3,232
Dividends payable 16,914 17,214
Liabilities held for sale 2,206 0
Accounts payable and other liabilities 3,653 5,503
Accrued interest payable 664 942
Deferred revenue - including below market leases, net 4,625 5,306
Prepaid rent 3,820 4,367
Total liabilities 357,072 669,269
Commitments and contingencies
Equity:    
Partners' capital 375,458 461,657
Total liabilities and equity $ 732,530 $ 1,130,926