XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Rental Property:    
Land $ 447,356 $ 435,923
Buildings and improvements, net of accumulated depreciation of $473,369 and $387,633, respectively 3,164,553 3,087,435
Deferred leasing intangibles, net of accumulated amortization of $264,262 and $241,304, respectively 439,046 475,149
Total rental property, net 4,050,955 3,998,507
Cash and cash equivalents 70,137 9,041
Restricted cash 4,623 2,823
Tenant accounts receivable 66,761 57,592
Prepaid expenses and other assets 49,157 38,231
Interest rate swaps 0 303
Operating lease right-of-use assets 24,124 15,129
Assets held for sale, net 0 43,019
Total assets 4,265,757 4,164,645
Liabilities:    
Unsecured credit facility 0 146,000
Unsecured term loans, net 970,696 871,375
Unsecured notes, net 573,181 572,883
Mortgage notes, net 52,365 54,755
Accounts payable, accrued expenses and other liabilities 74,619 53,737
Interest rate swaps 45,812 18,819
Tenant prepaid rent and security deposits 23,413 21,993
Dividends and distributions payable 18,302 17,465
Deferred leasing intangibles, net of accumulated amortization of $14,176 and $12,064, respectively 24,991 26,738
Operating lease liabilities 26,414 16,989
Total liabilities 1,809,793 1,800,754
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]    
Common stock, par value $0.01 per share, 300,000,000 shares authorized at September 30, 2020 and December 31, 2019, respectively, 149,227,013 and 142,815,593 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 1,492 1,428
Additional paid-in capital 3,155,271 2,970,553
Cumulative dividends in excess of earnings (782,037) (723,027)
Accumulated other comprehensive loss (45,055) (18,426)
Total stockholders’ equity 2,404,671 2,305,528
Noncontrolling interest 51,293 58,363
Total equity 2,455,964 2,363,891
Total liabilities and equity 4,265,757 4,164,645
Series C Preferred Stock    
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]    
Preferred stock $ 75,000 $ 75,000