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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Investment properties:    
Land $ 1,075,037 $ 1,021,829
Building and other improvements 3,576,289 3,544,582
Developments in progress 168,365 113,353
Gross investment properties 4,819,691 4,679,764
Less: accumulated depreciation (1,482,583) (1,383,274)
Net investment properties (includes $59,678 and $12,445 from consolidated variable interest entities, respectively) 3,337,108 3,296,490
Cash and cash equivalents 27,371 9,989
Accounts and notes receivable, net 86,589 73,832
Acquired lease intangible assets, net 70,837 79,832
Right-of-use lease assets 43,234 50,241
Other assets, net (includes $336 and $164 from consolidated variable interest entities, respectively) 69,678 75,978
Total assets 3,634,817 3,586,362
Liabilities:    
Mortgages payable, net 92,075 94,155
Unsecured notes payable, net 1,185,479 796,247
Unsecured term loans, net 467,391 716,523
Unsecured revolving line of credit 0 18,000
Accounts payable and accrued expenses 69,036 78,902
Distributions payable 10,713 35,387
Acquired lease intangible liabilities, net 63,591 63,578
Lease liabilities 84,898 91,129
Other liabilities (includes $7,361 and $1,707 from consolidated variable interest entities, respectively) 74,357 56,368
Total liabilities 2,047,540 1,950,289
Commitments and contingencies (Note 13)
Preferred stock, shares outstanding 0 0
Equity:    
Preferred stock, $0.001 par value, 10,000 shares authorized, none issued or outstanding $ 0 $ 0
Additional paid-in capital 4,517,996 4,510,484
Accumulated distributions in excess of earnings (2,899,388) (2,865,933)
Accumulated other comprehensive loss (36,052) (12,288)
Total shareholders’ equity 1,582,770 1,632,477
Noncontrolling interests 4,507 3,596
Total equity 1,587,277 1,636,073
Total liabilities and equity 3,634,817 3,586,362
Class A common stock    
Equity:    
Class A common stock $ 214 $ 214