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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real estate properties    
Land $ 1,342,895 $ 1,343,265
Buildings and improvements 10,902,835 10,881,373
Lease intangibles 816,303 836,302
Personal property 12,720 12,718
Investment in financing receivable, net 122,001 122,602
Financing lease right-of-use assets 81,805 82,209
Construction in progress 70,651 60,727
Land held for development 59,871 59,871
Total real estate properties 13,409,081 13,399,067
Less accumulated depreciation and amortization (2,374,047) (2,226,853)
Total real estate properties, net 11,035,034 11,172,214
Cash and cash equivalents 26,172 25,699
Assets held for sale, net 30,968 8,834
Operating lease right-of-use assets 273,949 275,975
Investments in unconsolidated joint ventures 309,754 311,511
Goodwill 0 250,530
Other assets, net 605,047 592,368
Total assets 12,280,924 12,637,131
Liabilities    
Notes and bonds payable 5,108,279 4,994,859
Accounts payable and accrued liabilities 163,172 211,994
Liabilities of assets held for sale 700 295
Operating lease liabilities 229,223 229,714
Financing lease liabilities 74,769 74,503
Other liabilities 197,763 202,984
Total liabilities 5,773,906 5,714,349
Commitments and contingencies
Redeemable non-controlling interests 3,880 3,868
Stockholders' equity    
Preferred stock, $.01 par value per share; 200,000 shares authorized; none issued and outstanding 0 0
Class A Common stock, $.01 par value per share; 1,000,000 shares authorized; 381,502 and 380,964 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 3,815 3,810
Additional paid-in capital 9,609,530 9,602,592
Accumulated other comprehensive income (loss) 4,791 (10,741)
Cumulative net income attributable to common stockholders 717,958 1,028,794
Cumulative dividends (3,920,199) (3,801,793)
Total stockholders' equity 6,415,895 6,822,662
Non-controlling interest 87,243 96,252
Total equity 6,503,138 6,918,914
Total liabilities and equity $ 12,280,924 $ 12,637,131