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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Real estate, at cost $ 3,630,488 $ 3,514,564
Real estate - intangible assets 404,875 409,293
Investments in real estate under construction 116,207 75,906
Real estate, gross 4,151,570 3,999,763
Less: accumulated depreciation and amortization 886,900 884,465
Real estate, net 3,264,670 3,115,298
Assets held for sale 20,271 16,530
Right-of-use assets, net 30,007 31,423
Cash and cash equivalents 196,383 178,795
Restricted cash 729 626
Investments in non-consolidated entities 54,057 56,464
Deferred expenses, net 12,189 15,901
Rent receivable – current 2,160 2,899
Rent receivable – deferred 67,200 66,959
Other assets 13,587 8,331
Total assets 3,661,253 3,493,226
Liabilities:    
Mortgages and notes payable, net 129,012 136,529
Revolving credit facility borrowings 125,000 0
Term loan payable, net 298,195 297,943
Senior notes payable, net 779,939 779,275
Trust preferred securities, net 127,545 127,495
Dividends payable 33,465 35,401
Liabilities held for sale 1,271 790
Operating lease liabilities 30,946 32,515
Accounts payable and other liabilities 51,363 55,208
Accrued interest payable 5,713 6,334
Deferred revenue - including below-market leases, net 16,023 17,264
Prepaid rent 11,412 13,335
Total liabilities 1,609,884 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, 277,660,102 and 277,152,450 shares issued and outstanding in 2021 and 2020, respectively 28 28
Additional paid-in-capital 3,195,040 3,196,315
Accumulated distributions in excess of net income (1,250,735) (1,301,726)
Accumulated other comprehensive loss (12,041) (17,963)
Total shareholders’ equity 2,026,308 1,970,670
Noncontrolling interests 25,061 20,467
Total equity 2,051,369 1,991,137
Total liabilities and equity $ 3,661,253 $ 3,493,226