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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Real estate, at cost $ 3,721,870 $ 3,514,564
Real estate - intangible assets 402,365 409,293
Investments in real estate under construction 185,704 75,906
Real estate, gross 4,309,939 3,999,763
Less: accumulated depreciation and amortization 911,410 884,465
Real estate, net 3,398,529 3,115,298
Assets held for sale 30,145 16,530
Right-of-use assets, net 29,067 31,423
Cash and cash equivalents 150,077 178,795
Restricted cash 373 626
Investments in non-consolidated entities 51,021 56,464
Deferred expenses, net 13,289 15,901
Rent receivable – current 1,998 2,899
Rent receivable – deferred 71,317 66,959
Other assets 12,661 8,331
Total assets 3,758,477 3,493,226
Liabilities:    
Mortgages and notes payable, net 115,633 136,529
Term loan payable, net 298,320 297,943
Senior notes payable, net 987,590 779,275
Trust preferred securities, net 127,570 127,495
Dividends payable 34,283 35,401
Liabilities held for sale 1,122 790
Operating lease liabilities 30,109 32,515
Accounts payable and other liabilities 59,681 55,208
Accrued interest payable 5,638 6,334
Deferred revenue - including below-market leases, net 15,490 17,264
Prepaid rent 14,679 13,335
Total liabilities 1,690,115 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, 282,638,707 and 277,152,450 shares issued and outstanding in 2021 and 2020, respectively 28 28
Additional paid-in-capital 3,239,850 3,196,315
Accumulated distributions in excess of net income (1,276,134) (1,301,726)
Accumulated other comprehensive loss (10,891) (17,963)
Total shareholders’ equity 2,046,869 1,970,670
Noncontrolling interests 21,493 20,467
Total equity 2,068,362 1,991,137
Total liabilities and equity $ 3,758,477 $ 3,493,226