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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Property, buildings and equipment:    
Property, buildings and equipment - gross $ 7,140,172 $ 6,967,267
Accumulated depreciation (2,107,133) (1,901,450)
Property, buildings and equipment – net 5,033,039 5,065,817
Operating lease right-of-use assets 342,031 352,553
Accumulated depreciation – operating leases (88,851) (76,334)
Operating leases – net 253,180 276,219
Financing leases:    
Financing leases - gross 150,586 140,555
Accumulated depreciation – financing leases (71,121) (57,626)
Financing leases – net 79,465 82,929
Cash, cash equivalents and restricted cash 53,831 53,063
Accounts receivable – net of allowance of $18,470 and $15,951 at September 30, 2023 and December 31, 2022, respectively 424,540 430,042
Identifiable intangible assets – net 897,238 925,223
Goodwill 1,022,989 1,033,637
Investments in partially owned entities and other 36,249 78,926
Other assets 213,188 158,705
Total assets 8,013,719 8,104,561
Liabilities:    
Borrowings under revolving line of credit 359,201 500,052
Accounts payable and accrued expenses 501,662 557,540
Senior unsecured notes and term loans – net of deferred financing costs of $11,173 and $13,044, in the aggregate, at September 30, 2023 and December 31, 2022, respectively 2,560,927 2,569,281
Sale-leaseback financing obligations 164,372 171,089
Financing lease obligations 70,170 77,561
Operating lease obligations 245,034 264,634
Unearned revenue 29,865 32,046
Pension and postretirement benefits 2,398 1,531
Deferred tax liability – net 125,890 135,098
Multi-employer pension plan withdrawal liability 7,550 7,851
Total liabilities 4,067,069 4,316,683
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.01 par value per share – 500,000,000 authorized shares; 283,517,013 and 269,814,956 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 2,835 2,698
Paid-in capital 5,622,152 5,191,969
Accumulated deficit and distributions in excess of net earnings (1,706,591) (1,415,198)
Accumulated other comprehensive income (loss) 11,459 (6,050)
Total stockholders’ equity 3,929,855 3,773,419
Noncontrolling interests:    
Noncontrolling interests in Operating Partnership 16,795 14,459
Total equity 3,946,650 3,787,878
Total liabilities and equity 8,013,719 8,104,561
Land    
Property, buildings and equipment:    
Property, buildings and equipment - gross 794,776 786,975
Buildings and improvements    
Property, buildings and equipment:    
Property, buildings and equipment - gross 4,390,940 4,245,607
Financing leases:    
Financing leases - gross 13,548 13,546
Machinery and equipment    
Property, buildings and equipment:    
Property, buildings and equipment - gross 1,501,899 1,407,874
Financing leases:    
Financing leases - gross 137,038 127,009
Assets under construction    
Property, buildings and equipment:    
Property, buildings and equipment - gross $ 452,557 $ 526,811