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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Investment properties    
Land $ 572,353 $ 558,817
Building and other improvements 1,628,486 1,670,678
Construction in progress 4,052 12,788
Total 2,204,891 2,242,283
Less accumulated depreciation (246,702) (286,330)
Net investment properties 1,958,189 1,955,953
Cash and cash equivalents 255,069 260,131
Restricted cash 5,679 4,722
Investment in unconsolidated entities 118,861 156,132
Intangible assets, net 116,360 108,005
Accounts and rents receivable, net 30,194 27,087
Deferred costs and other assets, net 22,836 23,976
Total assets 2,507,188 2,536,006
Liabilities    
Debt, net 572,850 561,782
Accounts payable and accrued expenses 29,804 32,784
Distributions payable 13,252 13,029
Intangible liabilities, net 42,642 46,985
Other liabilities 29,039 29,112
Total liabilities 687,587 683,692
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $.001 par value per share, 40,000,000 shares authorized, none outstanding 0 0
Common stock, $.001 par value per share, 1,460,000,000 shares authorized, 720,807,884 shares issued and outstanding as of December 31, 2019 and 728,558,989 shares issued and outstanding as of December 31, 2018 721 729
Additional paid-in capital 5,568,707 5,585,758
Distributions in excess of accumulated net income (3,750,884) (3,735,810)
Accumulated comprehensive income 1,057 1,637
Total stockholders' equity 1,819,601 1,852,314
Total liabilities and stockholders' equity $ 2,507,188 $ 2,536,006