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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Property, buildings and equipment:    
Property, buildings and equipment - gross $ 7,029,998 $ 6,967,267
Accumulated depreciation (1,971,897) (1,901,450)
Property, buildings and equipment – net 5,058,101 5,065,817
Operating lease right-of-use assets 352,442 352,553
Accumulated depreciation – operating leases (84,172) (76,334)
Operating leases – net 268,270 276,219
Financing leases:    
Financing leases - gross 145,790 140,555
Accumulated depreciation – financing leases (61,180) (57,626)
Financing leases – net 84,610 82,929
Cash, cash equivalents and restricted cash 47,222 53,063
Accounts receivable – net of allowance of $17,411 and $15,951 at March 31, 2023 and December 31, 2022, respectively 409,530 430,042
Identifiable intangible assets – net 918,945 925,223
Goodwill 1,030,562 1,033,637
Investments in partially owned entities and other 96,717 78,926
Other assets 157,761 158,705
Total assets 8,071,718 8,104,561
Liabilities:    
Borrowings under revolving line of credit 610,500 500,052
Accounts payable and accrued expenses 479,738 557,540
Senior unsecured notes and term loans – net of deferred financing costs of $12,434 and $13,044, in the aggregate, at March 31, 2023 and December 31, 2022, respectively 2,580,441 2,569,281
Sale-leaseback financing obligations 168,919 171,089
Financing lease obligations 78,421 77,561
Operating lease obligations 257,791 264,634
Unearned revenue 32,921 32,046
Pension and postretirement benefits 1,564 1,531
Deferred tax liability – net 132,415 135,098
Multi-employer pension plan withdrawal liability 7,731 7,851
Total liabilities 4,350,441 4,316,683
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.01 par value per share – 500,000,000 authorized shares; 270,096,433 and 269,814,956 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 2,701 2,698
Paid-in capital 5,197,893 5,191,969
Accumulated deficit and distributions in excess of net earnings (1,477,452) (1,415,198)
Accumulated other comprehensive loss (17,737) (6,050)
Total stockholders’ equity 3,705,405 3,773,419
Noncontrolling interests:    
Noncontrolling interests in Operating Partnership 15,872 14,459
Total equity 3,721,277 3,787,878
Total liabilities and equity 8,071,718 8,104,561
Land    
Property, buildings and equipment:    
Property, buildings and equipment - gross 789,118 786,975
Buildings and improvements    
Property, buildings and equipment:    
Property, buildings and equipment - gross 4,350,529 4,245,607
Financing leases:    
Financing leases - gross 13,516 13,546
Machinery and equipment    
Property, buildings and equipment:    
Property, buildings and equipment - gross 1,426,398 1,407,874
Financing leases:    
Financing leases - gross 132,274 127,009
Assets under construction    
Property, buildings and equipment:    
Property, buildings and equipment - gross $ 463,953 $ 526,811