XML 33 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Investment in real estate and related assets:  
Land$ 1,088,711$ 722,698
Buildings and improvements, less accumulated depreciation of $77,609 and $28,898, respectively3,020,0821,850,690
Acquired intangible lease assets, less accumulated amortization of $48,454 and $19,004, respectively626,275414,319
Total investment in real estate assets, net4,735,0682,987,707
Investment in mortgage notes receivable, net64,61863,933
Investment in marketable securities, net24,5060
Total investment in real estate, marketable securities and mortgage assets, net4,824,1923,051,640
Cash and cash equivalents117,120109,942
Restricted cash16,22012,123
Investment in unconsolidated joint ventures22,08014,966
Rents and tenant receivables, less allowance for doubtful accounts of $160 and $89, respectively49,64524,581
Prepaid expenses, mortgage loan deposits and other assets5,7093,323
Deferred financing costs, less accumulated amortization of $8,434 and $2,918, respectively46,94327,083
Total assets5,081,9093,243,658
LIABILITIES AND STOCKHOLDERS' EQUITY  
Notes payable and credit facility2,148,5181,061,207
Accounts payable and accrued expenses32,11415,744
Escrowed investor proceeds1,548448
Due to affiliates3,958804
Acquired below market lease intangibles, less accumulated amortization of $7,164 and $3,066, respectively91,06666,815
Distributions payable17,75214,448
Derivative liabilities, deferred rent and other liabilities45,92321,142
Total liabilities2,340,8791,180,608
Commitments and contingencies  
Redeemable common stock112,34865,898
STOCKHOLDERS' EQUITY:  
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding  
Common stock, $0.01 par value; 990,000,000 shares authorized, 338,884,823 and 248,070,364 shares issued and outstanding, respectively3,3882,481
Capital in excess of par value2,931,3232,164,528
Accumulated distributions in excess of earnings(279,021)(163,040)
Accumulated other comprehensive loss(27,655)(7,188)
Total stockholders' equity2,628,0351,996,781
Noncontrolling interests647371
Total equity2,628,6821,997,152
Total liabilities and equity$ 5,081,909$ 3,243,658