Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Investment in real estate, net of accumulated depreciation of $601,055 and $557,597, respectively	$ 4,803,503	$ 4,823,489
Assets held for sale	39,000	39,000
Restricted cash-furniture, fixtures and other escrows	27,309	29,425
Due from third party managers, net	57,692	31,460
Other assets, net	47,419	56,509
Total Assets	4,974,923	4,979,883
Liabilities
Revolving credit facility	366,600	270,000
Term loans	571,197	570,934
Mortgage debt	465,043	497,029
Accounts payable and other liabilities	84,237	124,856
Total Liabilities	1,487,077	1,462,819
Shareholders’ Equity
Preferred stock, authorized 30,000,000 shares; none issued and outstanding	0	0
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 223,049,990 and 222,938,648 shares, respectively	4,454,992	4,453,205
Accumulated other comprehensive income	6,134	4,589
Distributions greater than net income	(973,280)	(940,730)
Total Shareholders’ Equity	3,487,846	3,517,064
Total Liabilities and Shareholders’ Equity	$ 4,974,923	$ 4,979,883