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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Real estate properties    
Land $ 1,287,532 $ 1,343,265
Buildings and improvements 10,436,218 10,881,373
Lease intangibles 764,730 836,302
Personal property 12,501 12,718
Investment in financing receivable, net 122,413 122,602
Financing lease right-of-use assets 81,401 82,209
Construction in progress 97,732 60,727
Land held for development 59,871 59,871
Total real estate properties 12,862,398 13,399,067
Less accumulated depreciation and amortization (2,427,709) (2,226,853)
Total real estate properties, net 10,434,689 11,172,214
Cash and cash equivalents 41,765 25,699
Assets held for sale, net 34,530 8,834
Operating lease right-of-use assets 261,976 275,975
Investments in unconsolidated joint ventures 374,841 311,511
Goodwill 0 250,530
Other assets, net 655,826 592,368
Total assets 11,803,627 12,637,131
Liabilities    
Notes and bonds payable 5,148,153 4,994,859
Accounts payable and accrued liabilities 195,884 211,994
Liabilities of assets held for sale 1,805 295
Operating lease liabilities 230,601 229,714
Financing lease liabilities 75,199 74,503
Other liabilities 177,293 202,984
Total liabilities 5,828,935 5,714,349
Commitments and contingencies
Redeemable non-controlling interests 3,875 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; 364,327 and 380,964 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 3,643 3,810
Additional paid-in capital 9,340,028 9,602,592
Accumulated other comprehensive income (loss) 6,986 (10,741)
Cumulative net income attributable to common stockholders 574,178 1,028,794
Cumulative dividends (4,037,693) (3,801,793)
Total stockholders' equity 5,887,142 6,822,662
Non-controlling interest 83,675 96,252
Total equity 5,970,817 6,918,914
Total liabilities and equity $ 11,803,627 $ 12,637,131