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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets:    
Real estate, at cost $ 3,005,959 $ 3,936,459
Real estate - intangible assets 418,268 599,091
Real estate, gross 3,424,227 4,535,550
Less: accumulated depreciation and amortization 934,096 1,225,650
Real estate, net 2,490,131 3,309,900
Assets held for sale 134,744 2,827
Cash and cash equivalents 128,444 107,762
Restricted cash 263,543 4,394
Investment in and advances to non-consolidated entities 70,879 17,476
Deferred expenses, net 15,211 31,693
Rent receivable – current 3,584 5,450
Rent receivable – deferred 54,551 52,769
Other assets 10,853 20,749
Total assets 3,171,940 3,553,020
Liabilities:    
Mortgages and notes payable, net 585,369 689,810
Revolving credit facility borrowings 0 160,000
Term loans payable, net 447,099 596,663
Senior notes payable, net 495,825 495,198
Trust preferred securities, net 127,271 127,196
Dividends payable 48,384 49,504
Liabilities held for sale 1,446 0
Accounts payable and other liabilities 29,239 38,644
Accrued interest payable 10,234 5,378
Deferred revenue - including below market leases, net 19,163 33,182
Prepaid rent 10,909 16,610
Total liabilities 1,774,939 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, 238,946,145 and 240,689,081 shares issued and outstanding in 2018 and 2017, respectively 24 24
Additional paid-in-capital 2,803,581 2,818,520
Accumulated distributions in excess of net income (1,518,669) (1,589,724)
Accumulated other comprehensive income 652 1,065
Total shareholders’ equity 1,379,604 1,323,901
Noncontrolling interests 17,397 16,934
Total equity 1,397,001 1,340,835
Total liabilities and equity 3,171,940 3,553,020
LCIF [Member]    
Assets:    
Real estate, at cost 616,242 794,242
Real estate - intangible assets 67,323 116,861
Real estate, gross 683,565 911,103
Less: accumulated depreciation and amortization 168,726 233,121
Real estate, net 514,839 677,982
Cash and cash equivalents 16,153 50,900
Restricted cash 83,198 932
Investment in and advances to non-consolidated entities 42,899 6,477
Deferred expenses, net 2,074 6,326
Rent receivable – current 302 365
Rent receivable – deferred 15,553 22,529
Other assets 667 2,202
Total assets 675,685 767,713
Liabilities:    
Mortgages and notes payable, net 193,050 212,792
Co-borrower debt 91,188 157,789
Related party advances, net 4,494 2,422
Dividends payable 14,953 14,952
Accounts payable and other liabilities 4,403 8,748
Accrued interest payable 770 691
Deferred revenue - including below market leases, net 4,189 804
Prepaid rent 1,576 3,233
Total liabilities 314,623 401,431
Commitments and contingencies
Equity:    
Partners' capital 361,062 366,282
Total liabilities and equity $ 675,685 $ 767,713