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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real estate properties:    
Land $ 805,827 $ 803,773
Buildings and improvements 6,961,929 6,926,750
Total real estate properties, gross 7,767,756 7,730,523
Accumulated depreciation (1,376,898) (1,328,011)
Total real estate properties, net 6,390,858 6,402,512
Cash and cash equivalents 32,272 31,749
Restricted cash 3,126 3,829
Acquired real estate leases and other intangible assets, net 496,620 514,446
Other assets, net 297,328 275,218
Total assets 7,220,204 7,227,754
LIABILITIES AND EQUITY    
Unsecured revolving credit facility 97,000 327,000
Unsecured term loans, net 547,246 547,058
Senior unsecured notes, net 1,723,484 1,722,758
Secured debt and capital leases, net 1,114,796 1,117,649
Accrued interest 33,522 18,471
Assumed real estate lease obligations, net 103,521 106,038
Other liabilities 181,611 189,375
Total liabilities 3,801,180 4,028,349
Commitments and contingencies
Equity attributable to common shareholders:    
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 237,544,479 shares issued and outstanding at March 31, 2017 and December 31, 2016 2,375 2,375
Additional paid in capital 4,607,410 4,533,456
Cumulative net income 1,651,040 1,618,885
Cumulative other comprehensive income 58,716 34,549
Cumulative distributions (3,082,502) (2,989,860)
Total equity attributable to common shareholders 3,237,039 3,199,405
Noncontrolling interest:    
Total equity attributable to noncontrolling interest 181,985 0
Total equity 3,419,024 3,199,405
Total liabilities and equity $ 7,220,204 $ 7,227,754