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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets:    
Real estate, at cost $ 3,650,121 $ 3,936,459
Real estate - intangible assets 523,097 599,091
Real estate, gross 4,173,218 4,535,550
Less: accumulated depreciation and amortization 1,139,865 1,225,650
Real estate, net 3,033,353 3,309,900
Assets held for sale 171,550 2,827
Cash and cash equivalents 75,373 107,762
Restricted cash 71,564 4,394
Investment in and advances to non-consolidated entities 17,199 17,476
Deferred expenses, net 29,472 31,693
Rent receivable – current 4,712 5,450
Rent receivable – deferred 52,861 52,769
Other assets 20,107 20,749
Total assets 3,476,191 3,553,020
Liabilities:    
Mortgages and notes payable, net 701,774 689,810
Revolving credit facility borrowings 195,000 160,000
Term loans payable, net 597,251 596,663
Senior notes payable, net 495,616 495,198
Trust preferred securities, net 127,246 127,196
Dividends payable 48,474 49,504
Liabilities held for sale 2,333 0
Accounts payable and other liabilities 26,207 38,644
Accrued interest payable 6,069 5,378
Deferred revenue - including below market leases, net 33,736 33,182
Prepaid rent 13,189 16,610
Total liabilities 2,246,895 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, 239,888,688 and 240,689,081 shares issued and outstanding in 2018 and 2017, respectively 24 24
Additional paid-in-capital 2,811,981 2,818,520
Accumulated distributions in excess of net income (1,693,165) (1,589,724)
Accumulated other comprehensive income 1,098 1,065
Total shareholders’ equity 1,213,954 1,323,901
Noncontrolling interests 15,342 16,934
Total equity 1,229,296 1,340,835
Total liabilities and equity 3,476,191 3,553,020
LCIF [Member]    
Assets:    
Real estate, at cost 736,576 794,242
Real estate - intangible assets 96,465 116,861
Real estate, gross 833,041 911,103
Less: accumulated depreciation and amortization 210,568 233,121
Real estate, net 622,473 677,982
Assets held for sale 17,284 0
Cash and cash equivalents 15,009 50,900
Restricted cash 67,094 932
Investment in and advances to non-consolidated entities 5,931 6,477
Deferred expenses, net 5,569 6,326
Rent receivable – current 440 365
Rent receivable – deferred 20,560 22,529
Other assets 2,252 2,202
Total assets 756,612 767,713
Liabilities:    
Mortgages and notes payable, net 238,285 212,792
Co-borrower debt 164,605 157,789
Related party advances, net 4,350 2,422
Dividends payable 14,953 14,952
Accounts payable and other liabilities 3,507 8,748
Accrued interest payable 669 691
Deferred revenue - including below market leases, net 4,927 804
Prepaid rent 2,704 3,233
Total liabilities 434,000 401,431
Commitments and contingencies
Equity:    
Partners' capital 322,612 366,282
Total liabilities and equity $ 756,612 $ 767,713