Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets
Investment in real estate, net of accumulated depreciation and amortization of $1,275,557 and $1,235,698, respectively	$ 4,712,480	$ 4,732,896
Assets held for sale	5,172	5,316
Cash and cash equivalents	5,776	5,556
Restricted cash-furniture, fixtures and other escrows	30,149	28,812
Due from third party managers, net	38,766	22,137
Other assets, net	33,589	35,042
Total Assets	4,825,932	4,829,759
Liabilities
Debt, net	1,523,032	1,482,571
Finance lease liabilities	221,027	219,981
Accounts payable and other liabilities	80,108	97,860
Total Liabilities	1,824,167	1,800,412
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 223,656,264 and 223,212,346 shares, respectively	4,493,422	4,488,419
Accumulated other comprehensive loss	(26,720)	(42,802)
Distributions greater than net income	(1,464,937)	(1,416,270)
Total Shareholders' Equity	3,001,765	3,029,347
Total Liabilities and Shareholders' Equity	$ 4,825,932	$ 4,829,759