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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Real estate properties:    
Land $ 1,671,210 $ 1,626,239
Buildings, improvements and equipment 7,962,010 7,896,734
Total real estate properties, gross 9,633,220 9,522,973
Accumulated depreciation (2,979,795) (2,973,384)
Total real estate properties, net 6,653,425 6,549,589
Cash and cash equivalents 23,675 25,966
Restricted cash 75,129 50,037
Due from related persons 79,710 91,212
Other assets, net 423,865 460,275
Total assets 7,255,804 7,177,079
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Unsecured revolving credit facility 141,000 177,000
Unsecured term loan, net 397,442 397,292
Senior unsecured notes, net 3,600,314 3,598,295
Security deposits 116,448 132,816
Accounts payable and other liabilities 250,925 211,332
Due to related persons 13,109 62,913
Total liabilities 4,519,238 4,579,648
Commitments and contingencies
Shareholders’ equity:    
Common shares of beneficial interest, $.01 par value; 200,000,000 shares authorized; 164,441,709 shares issued and outstanding 1,644 1,644
Additional paid in capital 4,545,917 4,545,481
Cumulative other comprehensive loss (200) (266)
Cumulative net income available for common shareholders 3,457,682 3,231,895
Cumulative common distributions (5,268,477) (5,181,323)
Total shareholders’ equity 2,736,566 2,597,431
Total liabilities and shareholders’ equity $ 7,255,804 $ 7,177,079