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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets:    
Real estate, at cost $ 3,638,123 $ 3,533,172
Real estate - intangible assets 575,172 597,294
Investments in real estate under construction 29,442 106,652
Real estate, gross 4,242,737 4,237,118
Less: accumulated depreciation and amortization 1,185,911 1,208,792
Real estate, net 3,056,826 3,028,326
Assets held for sale 5,984 23,808
Cash and cash equivalents 93,279 86,637
Restricted cash 35,939 31,142
Investment in and advances to non-consolidated entities 61,771 67,125
Deferred expenses, net 32,873 33,360
Loans receivable, net 0 94,210
Rent receivable – current 5,407 7,516
Rent receivable – deferred 41,789 31,455
Other assets 32,935 37,888
Total assets 3,366,803 3,441,467
Liabilities:    
Mortgages and notes payable, net 703,845 738,047
Term loans payable, net 501,602 501,093
Senior notes payable, net 494,780 494,362
Trust preferred securities, net 127,146 127,096
Dividends payable 48,037 47,264
Liabilities held for sale 324 191
Accounts payable and other liabilities 33,901 59,601
Accrued interest payable 5,953 6,704
Deferred revenue - including below market leases, net 39,116 39,895
Prepaid rent 15,974 14,723
Total liabilities 1,970,678 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, 240,612,821 and 238,037,177 shares issued and outstanding in 2017 and 2016, respectively 24 24
Additional paid-in-capital 2,822,217 2,800,736
Accumulated distributions in excess of net income (1,538,442) (1,500,966)
Accumulated other comprehensive income (loss) 443 (1,033)
Total shareholders’ equity 1,378,258 1,392,777
Noncontrolling interests 17,867 19,714
Total equity 1,396,125 1,412,491
Total liabilities and equity 3,366,803 3,441,467
LCIF [Member]    
Assets:    
Real estate, at cost 775,910 731,202
Real estate - intangible assets 114,134 104,761
Investments in real estate under construction 0 40,443
Real estate, gross 890,044 876,406
Less: accumulated depreciation and amortization 232,417 236,930
Real estate, net 657,627 639,476
Cash and cash equivalents 24,404 52,031
Restricted cash 1,540 1,545
Investment in and advances to non-consolidated entities 6,374 5,526
Deferred expenses, net 6,727 5,070
Rent receivable – current 465 358
Rent receivable – deferred 19,710 17,449
Related party advances, net 0 5,967
Other assets 2,400 1,182
Total assets 719,247 728,604
Liabilities:    
Mortgages and notes payable, net 168,737 169,212
Co-borrower debt 103,165 146,404
Related party advances, net 6,414 0
Dividends payable 33,203 16,916
Accounts payable and other liabilities 6,220 3,559
Accrued interest payable 664 673
Deferred revenue - including below market leases, net 904 1,003
Prepaid rent 3,388 3,214
Total liabilities 322,695 340,981
Commitments and contingencies
Equity:    
Partners' capital 396,552 387,623
Total liabilities and equity $ 719,247 $ 728,604