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Investments in Wholly-Owned Properties
 6 Months Ended
Jun. 30, 2017
Wholly-owned properties  
Real Estate Properties [Line Items]  
Investments in Wholly-Owned Properties
Investments in Wholly-Owned Properties
 
Wholly-owned properties consisted of the following: 
 
 
June 30, 2017
 
December 31, 2016
 
Land (1)
 
$
605,399

 
$
568,266

 
Buildings and improvements
 
5,199,146

 
5,065,137

 
Furniture, fixtures and equipment
 
313,716

 
303,240

 
Construction in progress
 
645,730

 
349,498

 
 
 
6,763,991

 
6,286,141

 
Accumulated depreciation
 
(958,588
)
 
(859,127
)
 
Wholly-owned properties, net
 
$
5,805,403

 
$
5,427,014

(2) 
 
(1) 
The land balance above includes undeveloped land parcels with book values of approximately $45.5 million and $38.5 million as of June 30, 2017 and December 31, 2016, respectively.  It also includes land totaling approximately $71.8 million and $61.2 million as of June 30, 2017 and December 31, 2016, respectively, related to properties under development.
(2) 
Excludes the net book value of one property classified as held for sale in the accompanying consolidated balance sheets at December 31, 2016.