CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Real estate properties:
Land	$ 623,610	$ 627,108
Buildings and improvements	2,313,123	2,348,613
Total real estate properties, gross	2,936,733	2,975,721
Accumulated depreciation	(353,329)	(341,848)
Total real estate properties, net	2,583,404	2,633,873
Equity investment in Select Income REIT	465,131	467,499
Investment in unconsolidated joint ventures	48,758	50,202
Assets of properties held for sale	18,080	0
Acquired real estate leases, net	323,710	351,872
Cash and cash equivalents	17,380	16,569
Restricted cash	4,766	3,111
Rents receivable, net	65,539	61,429
Deferred leasing costs, net	22,622	22,977
Other assets, net	106,234	96,033
Total assets	3,655,624	3,703,565
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	570,000	570,000
Unsecured term loans, net	548,022	547,852
Senior unsecured notes, net	944,743	944,140
Mortgage notes payable, net	182,083	183,100
Liabilities of properties held for sale	275	0
Accounts payable and other liabilities	74,623	89,440
Due to related persons	8,544	4,859
Assumed real estate lease obligations, net	12,480	13,635
Total liabilities	2,340,770	2,353,026
Commitments and contingencies
Preferred units of limited partnership	20,496	20,496
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 150,000,000 shares authorized, 99,145,304 and 99,145,921 shares issued and outstanding, respectively	991	991
Additional paid in capital	1,968,205	1,968,217
Cumulative net income	174,585	108,144
Cumulative other comprehensive income	945	60,427
Cumulative common distributions	(850,368)	(807,736)
Total shareholders’ equity	1,294,358	1,330,043
Total liabilities and shareholders’ equity	$ 3,655,624	$ 3,703,565