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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Real estate, at cost $ 3,112,620 $ 3,090,134
Real estate - intangible assets 405,656 419,612
Real estate, gross 3,518,276 3,509,746
Less: accumulated depreciation and amortization 963,432 954,087
Real estate, net 2,554,844 2,555,659
Assets held for sale 181,152 63,868
Operating right-of-use assets, net 39,981 0
Cash and cash equivalents 43,789 168,750
Restricted cash 17,167 8,497
Investments in non-consolidated entities 59,866 66,183
Deferred expenses, net 20,859 15,937
Rent receivable – current 2,025 3,475
Rent receivable – deferred 63,439 58,692
Other assets 13,794 12,779
Total assets 2,996,916 2,953,840
Liabilities:    
Mortgages and notes payable, net 432,354 570,420
Revolving credit facility borrowings 55,000 0
Term loan payable, net 298,954 298,733
Senior notes payable, net 496,452 496,034
Trust preferred securities, net 127,346 127,296
Dividends payable 29,069 48,774
Liabilities held for sale 111,755 386
Operating lease liabilities 41,077 0
Accounts payable and other liabilities 23,816 30,790
Accrued interest payable 6,135 4,523
Deferred revenue - including below market leases, net 19,021 20,531
Prepaid rent 11,763 9,675
Total liabilities 1,652,742 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, 234,870,168 and 235,008,554 shares issued and outstanding in 2019 and 2018, respectively 23 24
Additional paid-in-capital 2,771,213 2,772,855
Accumulated distributions in excess of net income (1,536,752) (1,537,100)
Accumulated other comprehensive income 0 76
Total shareholders’ equity 1,328,500 1,329,871
Noncontrolling interests 15,674 16,807
Total equity 1,344,174 1,346,678
Total liabilities and equity $ 2,996,916 $ 2,953,840