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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Real estate, at cost $ 3,123,110 $ 3,090,134
Real estate - intangible assets 420,248 419,612
Real estate, gross 3,543,358 3,509,746
Less: accumulated depreciation and amortization 981,809 954,087
Real estate, net 2,561,549 2,555,659
Assets held for sale 26,316 63,868
Operating right-of-use assets, net 40,860  
Cash and cash equivalents 170,289 168,750
Restricted cash 9,287 8,497
Investments in non-consolidated entities 61,464 66,183
Deferred expenses, net 20,609 15,937
Rent receivable – current 2,706 3,475
Rent receivable – deferred 61,068 58,692
Other assets 16,042 12,779
Total assets 2,970,190 2,953,840
Liabilities:    
Mortgages and notes payable, net 562,951 570,420
Term loan payable, net 298,792 298,733
Senior notes payable, net 496,243 496,034
Trust preferred securities, net 127,321 127,296
Dividends payable 28,916 48,774
Liabilities held for sale 465 386
Operating lease liabilities 42,004  
Accounts payable and other liabilities 24,563 30,790
Accrued interest payable 11,071 4,523
Deferred revenue - including below market leases, net 20,690 20,531
Prepaid rent 11,840 9,675
Total liabilities 1,624,856 1,607,162
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, 234,859,561 and 235,008,554 shares issued and outstanding in 2019 and 2018, respectively 23 24
Additional paid-in-capital 2,769,822 2,772,855
Accumulated distributions in excess of net income (1,534,539) (1,537,100)
Accumulated other comprehensive income 0 76
Total shareholders’ equity 1,329,322 1,329,871
Noncontrolling interests 16,012 16,807
Total equity 1,345,334 1,346,678
Total liabilities and equity $ 2,970,190 $ 2,953,840