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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Real estate, at cost $ 3,577,239 $ 3,533,172
Real estate - intangible assets 574,570 597,294
Investments in real estate under construction 69,128 106,652
Real estate, gross 4,220,937 4,237,118
Less: accumulated depreciation and amortization 1,193,639 1,208,792
Real estate, net 3,027,298 3,028,326
Assets held for sale 10,080 23,808
Cash and cash equivalents 177,301 86,637
Restricted cash 63,548 31,142
Investment in and advances to non-consolidated entities 62,963 67,125
Deferred expenses, net 32,431 33,360
Loans receivable, net 0 94,210
Rent receivable – current 6,622 7,516
Rent receivable – deferred 35,811 31,455
Other assets 30,651 37,888
Total assets 3,446,705 3,441,467
Liabilities:    
Mortgages and notes payable, net 730,310 738,047
Term loans payable, net 501,348 501,093
Senior notes payable, net 494,571 494,362
Trust preferred securities, net 127,121 127,096
Dividends payable 47,719 47,264
Liabilities held for sale 48 191
Accounts payable and other liabilities 44,326 59,601
Accrued interest payable 11,870 6,704
Deferred revenue - including below market leases, net 41,464 39,895
Prepaid rent 17,934 14,723
Total liabilities 2,016,711 2,028,976
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, 240,394,082 and 238,037,177 shares issued and outstanding in 2017 and 2016, respectively 24 24
Additional paid-in-capital 2,819,058 2,800,736
Accumulated distributions in excess of net income (1,502,217) (1,500,966)
Accumulated other comprehensive income (loss) 259 (1,033)
Total shareholders’ equity 1,411,140 1,392,777
Noncontrolling interests 18,854 19,714
Total equity 1,429,994 1,412,491
Total liabilities and equity 3,446,705 3,441,467
LCIF [Member]    
Assets:    
Real estate, at cost 716,550 731,202
Real estate - intangible assets 104,050 104,761
Investments in real estate under construction 49,210 40,443
Real estate, gross 869,810 876,406
Less: accumulated depreciation and amortization 236,762 236,930
Real estate, net 633,048 639,476
Cash and cash equivalents 47,027 52,031
Restricted cash 1,540 1,545
Investment in and advances to non-consolidated entities 5,547 5,526
Deferred expenses, net 4,844 5,070
Rent receivable – current 486 358
Rent receivable – deferred 18,370 17,449
Related party advances, net 0 5,967
Other assets 1,763 1,182
Total assets 712,625 728,604
Liabilities:    
Mortgages and notes payable, net 168,914 169,212
Co-borrower debt 98,593 146,404
Related party advances, net 1,910 0
Dividends payable 16,916 16,916
Accounts payable and other liabilities 3,012 3,559
Accrued interest payable 503 673
Deferred revenue - including below market leases, net 954 1,003
Prepaid rent 3,775 3,214
Total liabilities 294,577 340,981
Commitments and contingencies
Equity:    
Partners' capital 418,048 387,623
Total liabilities and equity $ 712,625 $ 728,604