CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Real estate properties:
Land	$ 1,036,425	$ 1,036,425
Buildings and improvements	3,084,054	3,083,243
Real estate properties, gross	4,120,479	4,119,668
Accumulated depreciation	(184,180)	(164,779)
Real estate properties, net	3,936,299	3,954,889
Acquired real estate leases, net	550,664	566,195
Cash and cash equivalents	31,294	17,876
Restricted cash	44	1,171
Rents receivable, including straight line rents of $98,567 and $92,264, respectively, net of allowance for doubtful accounts of $566 and $464, respectively	106,741	99,307
Deferred leasing costs, net	10,053	7,221
Other assets, net	57,715	37,686
Total assets	4,692,810	4,684,345
LIABILITIES AND SHAREHOLDERS' EQUITY
Unsecured revolving credit facility	328,000	303,000
Unsecured term loan, net	348,000	347,876
Senior unsecured notes, net	1,427,169	1,426,025
Mortgage notes payable, net	286,516	286,706
Accounts payable and other liabilities	86,123	105,403
Assumed real estate lease obligations, net	84,255	86,495
Rents collected in advance	15,439	16,295
Security deposits	11,838	11,845
Due to related persons	4,393	3,740
Total liabilities	$ 2,591,733	$ 2,587,385
Commitments and contingencies
Shareholders' equity:
Common shares of beneficial interest, $.01 par value: 125,000,000 shares authorized; 89,374,029 shares issued and outstanding	$ 894	$ 894
Additional paid in capital	2,178,531	2,178,477
Cumulative net income	357,765	324,986
Cumulative other comprehensive loss	(3,616)	(19,587)
Cumulative common distributions	(432,497)	(387,810)
Total shareholders' equity	2,101,077	2,096,960
Total liabilities and shareholders' equity	$ 4,692,810	$ 4,684,345