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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Real estate, at cost $ 3,792,977 $ 3,936,459
Real estate - intangible assets 564,947 599,091
Real estate, gross 4,357,924 4,535,550
Less: accumulated depreciation and amortization 1,179,078 1,225,650
Real estate, net 3,178,846 3,309,900
Assets held for sale 0 2,827
Cash and cash equivalents 90,214 107,762
Restricted cash 7,479 4,394
Investment in and advances to non-consolidated entities 17,485 17,476
Deferred expenses, net 30,098 31,693
Rent receivable – current 5,878 5,450
Rent receivable – deferred 56,038 52,769
Other assets 25,958 20,749
Total assets 3,411,996 3,553,020
Liabilities:    
Mortgages and notes payable, net 682,994 689,810
Revolving credit facility borrowings 100,000 160,000
Term loans payable, net 596,957 596,663
Senior notes payable, net 495,407 495,198
Trust preferred securities, net 127,221 127,196
Dividends payable 48,438 49,504
Accounts payable and other liabilities 27,284 38,644
Accrued interest payable 11,051 5,378
Deferred revenue - including below market leases, net 32,130 33,182
Prepaid rent 16,130 16,610
Total liabilities 2,137,612 2,212,185
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, 239,972,103 and 240,689,081 shares issued and outstanding in 2018 and 2017, respectively 24 24
Additional paid-in-capital 2,811,213 2,818,520
Accumulated distributions in excess of net income (1,647,804) (1,589,724)
Accumulated other comprehensive income 1,311 1,065
Total shareholders’ equity 1,258,760 1,323,901
Noncontrolling interests 15,624 16,934
Total equity 1,274,384 1,340,835
Total liabilities and equity 3,411,996 3,553,020
LCIF [Member]    
Assets:    
Real estate, at cost 750,146 794,242
Real estate - intangible assets 108,126 116,861
Real estate, gross 858,272 911,103
Less: accumulated depreciation and amortization 212,793 233,121
Real estate, net 645,479 677,982
Cash and cash equivalents 12,077 50,900
Restricted cash 1,890 932
Investment in and advances to non-consolidated entities 5,941 6,477
Deferred expenses, net 6,076 6,326
Rent receivable – current 440 365
Rent receivable – deferred 24,372 22,529
Other assets 2,899 2,202
Total assets 699,174 767,713
Liabilities:    
Mortgages and notes payable, net 212,965 212,792
Co-borrower debt 147,692 157,789
Related party advances, net 2,476 2,422
Dividends payable 14,952 14,952
Accounts payable and other liabilities 2,880 8,748
Accrued interest payable 680 691
Deferred revenue - including below market leases, net 740 804
Prepaid rent 3,596 3,233
Total liabilities 385,981 401,431
Commitments and contingencies
Equity:    
Partners' capital 313,193 366,282
Total liabilities and equity $ 699,174 $ 767,713