CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets:
Real estate, at cost	$ 3,473,384	$ 3,320,574
Real estate - intangible assets	420,843	409,756
Investments in real estate under construction	18,298	13,313
Real estate, gross	3,912,525	3,743,643
Less: accumulated depreciation and amortization	914,600	887,629
Real estate, net	2,997,925	2,856,014
Assets held for sale	7,873	0
Operating right-of-use assets, net	37,201	38,133
Cash and cash equivalents	83,525	122,666
Restricted cash	6,533	6,644
Investments in non-consolidated entities	57,210	57,168
Deferred expenses, net	19,749	18,404
Rent receivable – current	3,646	3,229
Rent receivable – deferred	67,205	66,294
Other assets	12,585	11,708
Total assets	3,293,452	3,180,260
Liabilities:
Mortgages and notes payable, net	377,703	390,272
Revolving credit facility borrowings	130,000	0
Term loan payable, net	297,565	297,439
Senior notes payable, net	497,079	496,870
Trust preferred securities, net	127,421	127,396
Dividends payable	31,720	32,432
Liabilities held for sale	18	0
Operating lease liabilities	38,293	39,442
Accounts payable and other liabilities	42,479	29,925
Accrued interest payable	13,992	7,897
Deferred revenue - including below-market leases, net	19,446	20,350
Prepaid rent	15,066	13,518
Total liabilities	1,590,782	1,455,541
Commitments and contingencies
Equity:
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, 255,232,130 and 254,770,719 shares issued and outstanding in 2020 and 2019, respectively	26	25
Additional paid-in-capital	2,982,363	2,976,670
Accumulated distributions in excess of net income	(1,374,286)	(1,363,676)
Accumulated other comprehensive loss	(18,924)	(1,928)
Total shareholders’ equity	1,683,195	1,705,107
Noncontrolling interests	19,475	19,612
Total equity	1,702,670	1,724,719
Total liabilities and equity	$ 3,293,452	$ 3,180,260