CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019		Dec. 31, 2018
Real estate properties:
Land	$ 854,083		$ 924,164
Buildings and improvements	2,702,657		3,020,472
Total real estate properties, gross	3,556,740		3,944,636
Accumulated depreciation	(375,565)		(375,147)
Total real estate properties, net	3,181,175		3,569,489
Assets of properties held for sale	155,395		253,501
Investments in unconsolidated joint ventures	40,502		43,665
Acquired real estate leases, net	808,817		1,056,558
Cash and cash equivalents	29,002		35,349
Restricted cash	4,031	[1]	3,594
Rents receivable, net	70,234		72,051
Deferred leasing costs, net	37,890		25,672
Other assets, net	33,203		178,704
Total assets	4,360,249		5,238,583
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	210,000		175,000
Unsecured term loans, net	0		387,152
Senior unsecured notes, net	2,015,099		2,357,497
Mortgage notes payable, net	311,025		335,241
Liabilities of properties held for sale	16,240		4,271
Accounts payable and other liabilities	118,338		145,536
Due to related persons	7,674		34,887
Assumed real estate lease obligations, net	15,260		20,031
Total liabilities	2,693,636		3,459,615
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 200,000,000 shares authorized, 48,203,332 and 48,082,903 shares issued and outstanding, respectively	482		481
Additional paid in capital	2,612,062		2,609,801
Cumulative net income	112,188		146,882
Cumulative other comprehensive income (loss)	(461)		106
Cumulative common distributions	(1,057,658)		(978,302)
Total shareholders’ equity	1,666,613		1,778,968
Total liabilities and shareholders’ equity	$ 4,360,249		$ 5,238,583

[1] Restricted cash consists of amounts escrowed for future real estate taxes, insurance, leasing costs, capital expenditures and debt service, as required by certain of our mortgage debts.