Consolidated Balance Sheets (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments in real estate
Real estate, at cost	$ 2,649,556	$ 2,745,424
Operating real estate, at cost	259,247	258,971
Accumulated depreciation	(314,528)	(299,533)
Net investments in properties	2,594,275	2,704,862
Net investments in direct financing leases	509,483	508,392
Assets held for sale	0	14,850
Net investments in real estate	3,103,758	3,228,104
Equity investments in real estate	487,420	451,105
Cash and cash equivalents	209,051	273,635
In-place lease and tenant relationship intangible assets, net	429,989	438,551
Other intangible assets, net	78,408	79,115
Other assets, net	286,489	228,413
Total assets	4,595,115	4,698,923
Liabilities:
Debt, net	1,895,407	2,022,250
Senior Credit Facility, net	84,000	49,751
Accounts payable, accrued expenses and other liabilities	130,300	128,911
Below-market rent and other intangible liabilities, net	62,900	82,799
Deferred income taxes	33,625	32,655
Due to affiliates	10,134	11,723
Distributions payable	56,142	55,830
Total liabilities	2,272,508	2,383,919
Commitments and contingencies (Note 11)
CPA®:17 – Global stockholders’ equity:
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	0	0
Common stock, $0.001 par value; 900,000,000 shares authorized; and 345,489,866 and 343,575,840 shares, respectively, issued and outstanding	345	343
Additional paid-in capital	3,126,911	3,106,456
Distributions in excess of accumulated earnings	(750,744)	(732,613)
Accumulated other comprehensive loss	(150,849)	(156,676)
Total CPA®:17 – Global stockholders’ equity	2,225,663	2,217,510
Noncontrolling interests	96,944	97,494
Total equity	2,322,607	2,315,004
Total liabilities and equity	$ 4,595,115	$ 4,698,923