Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investment properties:
Land	$ 1,075,551	$ 1,021,829
Building and other improvements	3,563,583	3,544,582
Developments in progress	146,502	113,353
Gross investment properties	4,785,636	4,679,764
Less: accumulated depreciation	(1,449,947)	(1,383,274)
Net investment properties (includes $41,589 and $12,445 from consolidated variable interest entities, respectively)	3,335,689	3,296,490
Cash and cash equivalents	12,563	9,989
Accounts and notes receivable, net	87,927	73,832
Acquired lease intangible assets, net	74,386	79,832
Right-of-use lease assets	43,696	50,241
Other assets, net (includes $344 and $164 from consolidated variable interest entities, respectively)	67,151	75,978
Total assets	3,621,412	3,586,362
Liabilities:
Mortgages payable, net	92,967	94,155
Unsecured notes payable, net	796,568	796,247
Unsecured term loans, net	716,992	716,523
Unsecured revolving line of credit	135,000	18,000
Accounts payable and accrued expenses	59,152	78,902
Distributions payable	0	35,387
Acquired lease intangible liabilities, net	65,248	63,578
Lease liabilities	85,602	91,129
Other liabilities (includes $4,752 and $1,707 from consolidated variable interest entities, respectively)	75,798	56,368
Total liabilities	2,027,327	1,950,289
Commitments and contingencies (Note 13)
Equity:
Preferred stock, $0.001 par value, 10,000 shares authorized, none issued or outstanding	0	0
Additional paid-in capital	4,515,716	4,510,484
Accumulated distributions in excess of earnings	(2,886,387)	(2,865,933)
Accumulated other comprehensive loss	(39,176)	(12,288)
Total shareholders’ equity	1,590,367	1,632,477
Noncontrolling interests	3,718	3,596
Total equity	1,594,085	1,636,073
Total liabilities and equity	3,621,412	3,586,362
Class A common stock
Equity:
Class A common stock	$ 214	$ 214