Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Real estate investments:
Land and improvements	$ 2,691,665	$ 2,634,285
Buildings and improvements	5,723,310	5,540,749
Intangible lease assets	72,190	73,366
Total real estate investments	8,487,165	8,248,400
Less accumulated depreciation and amortization	(796,575)	(740,124)
Real estate investments, net	7,690,590	7,508,276
Operating ground lease assets	24,009	24,254
Loans and financing receivables	580,896	582,267
Net investments	8,295,495	8,114,797
Cash and cash equivalents	633,192	99,753
Other assets, net	75,615	81,976
Total assets	9,004,302	8,296,526
Total liabilities and stockholders' equity	9,004,302	8,296,526
Liabilities:
Credit facility	600,000
Unsecured notes and term loans payable, net	1,262,988	1,262,553
Non-recourse debt obligations of consolidated special purpose entities, net	2,320,924	2,328,489
Dividends payable	85,455	83,938
Operating lease liabilities	29,130	29,347
Accrued expenses, deferred revenue and other liabilities	107,096	106,814
Total liabilities	4,405,593	3,811,141
Stockholders' equity:
Common stock, $0.01 par value per share, 375,000,000 shares authorized, 244,158,477 and 239,822,900 shares issued and outstanding, respectively	2,442	2,398
Capital in excess of par value	4,930,148	4,787,932
Distributions in excess of retained earnings	(330,259)	(302,609)
Accumulated other comprehensive loss	(3,622)	(2,336)
Total stockholders' equity	$ 4,598,709	$ 4,485,385