CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets:
Real estate, at cost	$ 3,090,134	$ 3,936,459
Real estate - intangible assets	419,612	599,091
Real estate, gross	3,509,746	4,535,550
Less: accumulated depreciation and amortization	954,087	1,225,650
Real estate, net	2,555,659	3,309,900
Assets held for sale	63,868	2,827
Cash and cash equivalents	168,750	107,762
Restricted cash	8,497	4,394
Investment in and advances to non-consolidated entities	66,183	17,476
Deferred expenses (net of accumulated amortization of $27,397 in 2018 and $35,072 in 2017)	15,937	31,693
Rent receivable - current	3,475	5,450
Rent receivable – deferred	58,692	52,769
Other assets	12,779	20,749
Total assets	2,953,840	3,553,020
Liabilities:
Mortgages and notes payable, net	570,420	689,810
Revolving credit facility borrowings	0	160,000
Term loans payable, net	298,733	596,663
Senior notes payable, net	496,034	495,198
Trust preferred securities, net	127,296	127,196
Dividends payable	48,774	49,504
Liabilities held for sale	386	0
Accounts payable and other liabilities	30,790	38,644
Accrued interest payable	4,523	5,378
Deferred revenue - including below market leases (net of accumulated accretion of $17,606 in 2018 and $26,081 in 2017)	20,531	33,182
Prepaid rent	9,675	16,610
Total liabilities	1,607,162	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 and 1,935,400 shares issued and outstanding	94,016	94,016
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 235,008,554 and 240,689,081 shares issued and outstanding in 2018 and 2017, respectively	24	24
Additional paid-in-capital	2,772,855	2,818,520
Accumulated distributions in excess of net income	(1,537,100)	(1,589,724)
Accumulated other comprehensive income	76	1,065
Total shareholders’ equity	1,329,871	1,323,901
Noncontrolling interests	16,807	16,934
Total equity	1,346,678	1,340,835
Total liabilities and equity	$ 2,953,840	$ 3,553,020