Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Investments in real estate:
Land, buildings and improvements		$ 10,019,597	$ 9,856,191
Net investments in direct financing leases		844,945	896,549
In-place lease intangible assets and other		2,182,896	2,186,851
Above-market rent intangible assets		897,965	909,139
Investments in real estate		13,945,403	13,848,730
Accumulated depreciation and amortization		(2,144,252)	(2,035,995)
Assets held for sale, net		0	104,010
Net investments in real estate		11,801,151	11,916,745
Equity investments in the Managed Programs and real estate		276,109	324,004
Cash and cash equivalents		220,929	196,028
Due from affiliates		39,051	57,816
Other assets, net		623,181	631,637
Goodwill		929,887	934,688
Total assets	[1]	13,890,308	14,060,918
Debt:
Senior unsecured notes, net		4,323,063	4,390,189
Unsecured term loans, net		289,725	0
Unsecured revolving credit facility		75,483	201,267
Non-recourse mortgages, net		1,433,372	1,462,487
Debt, net		6,121,643	6,053,943
Accounts payable, accrued expenses and other liabilities		479,408	487,405
Below-market rent and other intangible liabilities, net		202,508	210,742
Deferred income taxes		132,041	179,309
Dividends payable		181,632	181,346
Total liabilities	[1]	7,117,232	7,112,745
Commitments and contingencies (Note 11)
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued		0	0
Common stock, $0.001 par value, 450,000,000 shares authorized; 172,402,516 and 172,278,242 shares, respectively, issued and outstanding		172	172
Additional paid-in capital		8,712,244	8,717,535
Distributions in excess of accumulated earnings		(1,688,744)	(1,557,374)
Deferred compensation obligation		42,291	37,263
Accumulated other comprehensive loss		(295,018)	(255,667)
Total stockholders’ equity		6,770,945	6,941,929
Noncontrolling interests		2,131	6,244
Total equity		6,773,076	6,948,173
Total liabilities and equity		$ 13,890,308	$ 14,060,918

[1] See Note 2 for details related to variable interest entities (“VIEs”).