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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Investments in real estate:    
Real estate — Land, buildings and improvements $ 1,318,752 $ 1,263,172
Operating real estate — Land, buildings and improvements 567,928 566,489
Real estate under construction 144,039 134,366
Net investments in direct financing leases 40,482 39,957
In-place lease intangible assets 277,325 274,723
Other intangible assets 36,715 35,811
Investments in real estate 2,385,241 2,314,518
Accumulated depreciation and amortization (270,478) (252,067)
Net investments in real estate 2,114,763 2,062,451
Notes receivable 63,954 66,500
Equity investment in real estate 20,179 20,919
Cash and cash equivalents 123,604 71,068
Other assets, net 81,637 83,975
Goodwill 28,724 26,084
Total assets 2,432,861 2,330,997
Debt:    
Non-recourse mortgages, net 1,215,653 1,129,432
Bonds payable, net 152,783 146,016
Debt, net 1,368,436 1,275,448
Accounts payable, accrued expenses and other liabilities 92,113 84,051
Due to affiliates 8,681 13,767
Deferred income taxes 62,595 63,980
Distributions payable 21,834 21,686
Total liabilities 1,553,659 1,458,932
Commitments and contingencies (Note 10)
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued 0 0
Additional paid-in capital 1,266,999 1,257,840
Distributions and accumulated losses (431,512) (420,005)
Accumulated other comprehensive loss (23,911) (33,212)
Total stockholders’ equity 811,718 804,764
Noncontrolling interests 67,484 67,301
Total equity 879,202 872,065
Total liabilities and equity 2,432,861 2,330,997
Class A common stock    
Debt:    
Common stock 111 110
Class C common stock    
Debt:    
Common stock $ 31 $ 31