XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Property, buildings and equipment:    
Property, buildings and equipment gross value $ 6,967,267 $ 6,762,810
Accumulated depreciation (1,901,450) (1,634,909)
Property, buildings and equipment – net 5,065,817 5,127,901
Operating lease right-of-use assets 352,553 377,536
Accumulated depreciation – operating leases (76,334) (57,483)
Operating leases – net 276,219 320,053
Financing leases:    
Property, plant and equipment - gross 140,555 159,893
Accumulated depreciation – financing leases (57,626) (58,165)
Financing leases – net 82,929 101,728
Cash, cash equivalents and restricted cash 53,063 82,958
Accounts receivable – net of allowance of $15,951 and $18,755 at December 31, 2022 and 2021, respectively 430,042 380,014
Identifiable intangible assets – net 925,223 980,966
Goodwill 1,033,637 1,072,980
Investments in partially owned entities and other 78,926 37,458
Other assets 158,705 112,139
Total assets 8,104,561 8,216,197
Liabilities:    
Borrowings under revolving line of credit 500,052 399,314
Accounts payable and accrued expenses 557,540 559,412
Mortgage notes, senior unsecured notes and term loan – net of deferred financing costs of $13,044 and $11,050 at December 31, 2022 and 2021, respectively 2,569,281 2,443,806
Sale-leaseback financing obligations 171,089 178,817
Financing lease obligations 77,561 97,633
Operating lease obligations 264,634 301,765
Unearned revenue 32,046 26,143
Pension and postretirement benefits 1,531 2,843
Deferred tax liability – net 135,098 169,209
Multiemployer pension plan withdrawal liability 7,851 8,179
Total liabilities 4,316,683 4,187,121
Commitments and contingencies (see Commitments and Contingencies Note 17)
Stockholders’ equity:    
Common stock, $0.01 par value per share – 500,000,000 authorized shares; 269,814,956 and 268,282,592 issued and outstanding at December 31, 2022 and 2021, respectively 2,698 2,683
Paid-in capital 5,191,969 5,171,690
Accumulated deficit and distributions in excess of net earnings (1,415,198) (1,157,888)
Accumulated other comprehensive (loss) income (6,050) 4,522
Total stockholders’ equity 3,773,419 4,021,007
Noncontrolling interests:    
Noncontrolling interests in Operating Partnership 14,459 8,069
Total equity 3,787,878 4,029,076
Total liabilities and equity 8,104,561 8,216,197
Land    
Property, buildings and equipment:    
Property, buildings and equipment gross value 786,975 807,495
Buildings and improvements    
Property, buildings and equipment:    
Property, buildings and equipment gross value 4,245,607 4,152,763
Financing leases:    
Property, plant and equipment - gross 13,546 13,552
Machinery and equipment    
Property, buildings and equipment:    
Property, buildings and equipment gross value 1,407,874 1,352,399
Financing leases:    
Property, plant and equipment - gross 127,009 146,341
Assets under construction    
Property, buildings and equipment:    
Property, buildings and equipment gross value $ 526,811 $ 450,153