XML 58 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Real estate, at cost $ 3,178,870 $ 3,090,134
Real estate - intangible assets 401,609 419,612
Real estate, gross 3,580,479 3,509,746
Less: accumulated depreciation and amortization 928,886 954,087
Real estate, net 2,651,593 2,555,659
Assets held for sale 58,031 63,868
Operating right-of-use assets, net 39,056 0
Cash and cash equivalents 126,058 168,750
Restricted cash 7,692 8,497
Investments in non-consolidated entities 53,796 66,183
Deferred expenses, net 16,195 15,937
Rent receivable – current 2,336 3,475
Rent receivable – deferred 64,593 58,692
Other assets 15,238 12,779
Total assets 3,034,588 2,953,840
Liabilities:    
Mortgages and notes payable, net 374,543 570,420
Term loan payable, net 297,313 298,733
Senior notes payable, net 496,661 496,034
Trust preferred securities, net 127,371 127,296
Dividends payable 30,710 48,774
Liabilities held for sale 5,297 386
Operating lease liabilities 40,275 0
Accounts payable and other liabilities 26,504 30,790
Accrued interest payable 12,300 4,523
Deferred revenue - including below-market leases, net 21,050 20,531
Prepaid rent 11,529 9,675
Total liabilities 1,443,553 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, 247,856,209 and 235,008,554 shares issued and outstanding in 2019 and 2018, respectively 25 24
Additional paid-in-capital 2,903,704 2,772,855
Accumulated distributions in excess of net income (1,420,459) (1,537,100)
Accumulated other comprehensive income (loss) (5,549) 76
Total shareholders’ equity 1,571,737 1,329,871
Noncontrolling interests 19,298 16,807
Total equity 1,591,035 1,346,678
Total liabilities and equity $ 3,034,588 $ 2,953,840