CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Real estate properties:
Land	$ 918,992	$ 924,164
Buildings and improvements	3,001,385	3,020,472
Total real estate properties, gross	3,920,377	3,944,636
Accumulated depreciation	(386,688)	(375,147)
Total real estate properties, net	3,533,689	3,569,489
Assets of properties held for sale	23,999	253,501
Investment in unconsolidated joint ventures	42,505	43,665
Acquired real estate leases, net	1,000,960	1,056,558
Cash and cash equivalents	20,153	35,349
Restricted cash	4,464	3,594
Rents receivable, net	67,776	72,051
Deferred leasing costs, net	30,788	25,672
Other assets, net	202,864	178,704
Total assets	4,927,198	5,238,583
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	80,000	175,000
Unsecured term loans, net	234,674	387,152
Senior unsecured notes, net	2,360,063	2,357,497
Mortgage notes payable, net	326,202	335,241
Liabilities of properties held for sale	178	4,271
Accounts payable and other liabilities	114,613	145,536
Due to related persons	5,626	34,887
Assumed real estate lease obligations, net	18,838	20,031
Total liabilities	3,140,194	3,459,615
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 200,000,000 shares authorized, 48,091,903 and 48,082,903 shares issued and outstanding, respectively	481	481
Additional paid in capital	2,610,666	2,609,801
Cumulative net income	180,901	146,882
Cumulative other comprehensive income (loss)	(297)	106
Cumulative common distributions	(1,004,747)	(978,302)
Total shareholders’ equity	1,787,004	1,778,968
Total liabilities and shareholders’ equity	$ 4,927,198	$ 5,238,583