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SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION - Rollforward of Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Real estate:      
Balance at the beginning of the year $ 6,255,883 $ 6,334,855 $ 2,292,751
Acquisitions 49,483 262,605 4,145,977
Real estate assumed 12,962 0 0
Real estate acquired through loan receivable foreclosure 0 0 19,096
Improvements 25,451 27,697 6,954
Impairment (143,655) (1,576) (2,211)
Sale of real estate (322,910) (351,922) (133,897)
Foreign currency translation 6,918 (12,639) 10,556
Write-off of fully depreciated assets (3,549) (3,137) (4,371)
Balance at the end of the year 5,880,583 6,255,883 6,334,855
Accumulated depreciation:      
Balance at the beginning of the year (402,338) (340,423) (282,812)
Depreciation expense (163,863) (174,398) (101,198)
Impairment 22,070 163 885
Sale of real estate 2,092 108,122 38,914
Foreign currency translation (723) 1,061 (583)
Write-off of fully depreciated assets 3,549 3,137 4,371
Balance at the end of the year $ (539,213) $ (402,338) $ (340,423)