Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Investment in real estate, net of accumulated depreciation and amortization of $1,096,718 and $1,054,429, respectively	$ 4,776,695	$ 4,825,738
Assets held for sale	0	12,093
Cash and cash equivalents	437,260	0
Restricted cash-furniture, fixtures and other escrows	33,335	34,661
Due from third party managers, net	22,040	26,926
Other assets, net	37,040	42,993
Total Assets	5,306,370	4,942,411
Liabilities
Debt, net	1,789,281	1,320,407
Finance lease liabilities	217,180	216,627
Accounts payable and other liabilities	105,105	114,364
Total Liabilities	2,111,566	1,651,398
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 223,017,081 and 223,862,913 shares, respectively	4,487,441	4,493,763
Accumulated other comprehensive loss	(46,864)	(4,698)
Distributions greater than net income	(1,245,773)	(1,198,052)
Total Shareholders' Equity	3,194,804	3,291,013
Total Liabilities and Shareholders' Equity	$ 5,306,370	$ 4,942,411