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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Real estate properties:    
Land $ 2,030,440 $ 2,066,602
Buildings, improvements and equipment 9,131,832 9,318,434
Total real estate properties, gross 11,162,272 11,385,036
Accumulated depreciation (3,280,110) (3,120,761)
Total real estate properties, net 7,882,162 8,264,275
Acquired real estate leases and other intangibles, net 325,845 378,218
Assets held for sale 13,543 87,493
Cash and cash equivalents 73,332 27,633
Restricted cash 18,124 53,626
Due from related persons 55,530 68,653
Other assets, net 318,783 154,069
Total assets 8,687,319 9,033,967
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Revolving credit facility 78,424 377,000
Term loan, net 0 397,889
Senior unsecured notes, net 6,130,166 5,287,658
Security deposits 294 109,403
Accounts payable and other liabilities 345,079 335,696
Due to related persons 30,566 20,443
Total liabilities 6,584,529 6,528,089
Commitments and contingencies
Shareholders’ equity:    
Common shares of beneficial interest, $.01 par value; 200,000,000 shares authorized; 164,823,833 and 164,563,034 shares issued and outstanding, respectively 1,648 1,646
Additional paid in capital 4,550,385 4,547,529
Cumulative other comprehensive loss (760) 0
Cumulative net income available for common shareholders 3,180,263 3,491,645
Cumulative common distributions (5,628,746) (5,534,942)
Total shareholders’ equity 2,102,790 2,505,878
Total liabilities and shareholders’ equity $ 8,687,319 $ 9,033,967