CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Real estate properties:
Land		$ 605,973	$ 652,977
Buildings and improvements		5,817,279	6,165,490
Total real estate properties, gross		6,423,252	6,818,467
Accumulated depreciation		(2,082,777)	(2,020,843)
Total real estate properties, net		4,340,475	4,797,624
Investments in unconsolidated joint ventures		126,859	129,916
Assets of properties held for sale		276,270	9,447
Cash and cash equivalents		144,584	245,939
Restricted cash	[1]	5,270	1,022
Equity method investment		24,590	0
Acquired real estate leases and other intangible assets, net		26,300	33,948
Other assets, net		188,600	222,159
Total assets		5,137,005	5,446,136
LIABILITIES AND SHAREHOLDERS' EQUITY
Secured debt and finance leases, net		126,611	13,020
Liabilities of properties held for sale		6,024	32
Accrued interest		23,092	22,847
Other liabilities		229,153	262,456
Total liabilities		3,178,162	3,109,245
Commitments and contingencies
Shareholders' equity:
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 241,271,703 and 240,423,898 shares issued and outstanding, respectively		2,413	2,405
Additional paid in capital		4,620,313	4,618,470
Cumulative net income		1,408,023	1,778,278
Cumulative other comprehensive loss		(17)	0
Cumulative distributions		(4,071,889)	(4,062,262)
Total shareholders' equity		1,958,843	2,336,891
Total liabilities and shareholders' equity		5,137,005	5,446,136
Secured Debt
Real estate properties:
Total real estate properties, net		1,290,060	1,112,243
LIABILITIES AND SHAREHOLDERS' EQUITY
Senior notes		826,974	731,211
Unsecured Debt
LIABILITIES AND SHAREHOLDERS' EQUITY
Senior notes		1,957,319	2,072,618
Affiliated Entity
Real estate properties:
Due from affiliates		4,057	6,081
LIABILITIES AND SHAREHOLDERS' EQUITY
Due to affiliates		$ 8,989	$ 7,061

[1] Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties. As of December 31, 2022, restricted cash consisted of proceeds from the sale of assets and proceeds from the sale of joint venture interests held as collateral pursuant to the agreement governing our former credit facility, or our credit agreement. In December 2023, we repaid all $450,000 outstanding under such secured credit facility with Wells Fargo Bank, National Association, as administrative agent and a lender, and a syndicate of other lenders, and then terminated our credit agreement in accordance with its terms and without penalty. As such, we are no longer required to hold any proceeds from the sale of properties as restricted cash.