XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Real estate, at cost $ 3,523,641 $ 3,514,564
Real estate - intangible assets 399,394 409,293
Investments in real estate under construction 88,374 75,906
Real estate, gross 4,011,409 3,999,763
Less: accumulated depreciation and amortization 891,448 884,465
Real estate, net 3,119,961 3,115,298
Assets held for sale 18,383 16,530
Right-of-use assets, net 30,500 31,423
Cash and cash equivalents 142,074 178,795
Restricted cash 28,101 626
Investments in non-consolidated entities 54,185 56,464
Deferred expenses, net 16,730 15,901
Rent receivable – current 2,954 2,899
Rent receivable – deferred 66,680 66,959
Other assets 10,665 8,331
Total assets 3,490,233 3,493,226
Liabilities:    
Mortgages and notes payable, net 131,849 136,529
Term loan payable, net 298,069 297,943
Senior notes payable, net 779,607 779,275
Trust preferred securities, net 127,520 127,495
Dividends payable 33,317 35,401
Liabilities held for sale 6 790
Operating lease liabilities 31,508 32,515
Accounts payable and other liabilities 45,018 55,208
Accrued interest payable 7,221 6,334
Deferred revenue - including below-market leases, net 16,680 17,264
Prepaid rent 14,112 13,335
Total liabilities 1,484,907 1,502,089
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, 277,614,856 and 277,152,450 shares issued and outstanding in 2021 and 2020, respectively 28 28
Additional paid-in-capital 3,193,023 3,196,315
Accumulated distributions in excess of net income (1,292,051) (1,301,726)
Accumulated other comprehensive loss (12,617) (17,963)
Total shareholders’ equity 1,982,399 1,970,670
Noncontrolling interests 22,927 20,467
Total equity 2,005,326 1,991,137
Total liabilities and equity $ 3,490,233 $ 3,493,226