CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets:
Real estate, at cost	$ 3,514,564	$ 3,320,574
Real estate - intangible assets	409,293	409,756
Investments in real estate under construction	75,906	13,313
Real estate, gross	3,999,763	3,743,643
Less: accumulated depreciation and amortization	884,465	887,629
Real estate, net	3,115,298	2,856,014
Assets held for sale	16,530	0
Right-of-use assets, net	31,423	38,133
Cash and cash equivalents	178,795	122,666
Restricted cash	626	6,644
Investments in non-consolidated entities	56,464	57,168
Deferred expenses (net of accumulated amortization of $23,171 in 2020 and $23,382 in 2019)	15,901	18,404
Rent receivable - current	2,899	3,229
Rent receivable - deferred	66,959	66,294
Other assets	8,331	11,708
Total assets	3,493,226	3,180,260
Liabilities:
Mortgages and notes payable, net	136,529	390,272
Term loan payable, net	297,943	297,439
Senior notes payable, net	779,275	496,870
Trust preferred securities, net	127,495	127,396
Dividends payable	35,401	32,432
Liabilities held for sale	790	0
Operating lease liabilities	32,515	39,442
Accounts payable and other liabilities	55,208	29,925
Accrued interest payable	6,334	7,897
Deferred revenue - including below market leases (net of accumulated accretion of $12,758 in 2020 and $11,876 in 2019)	17,264	20,350
Prepaid rent	13,335	13,518
Total liabilities	1,502,089	1,455,541
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, 277,152,450 and 254,770,719 shares issued and outstanding in 2020 and 2019, respectively	28	25
Additional paid-in-capital	3,196,315	2,976,670
Accumulated distributions in excess of net income	(1,301,726)	(1,363,676)
Accumulated other comprehensive loss	(17,963)	(1,928)
Total shareholders’ equity	1,970,670	1,705,107
Noncontrolling interests	20,467	19,612
Total equity	1,991,137	1,724,719
Total liabilities and equity	$ 3,493,226	$ 3,180,260