Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Investments in real estate:
Real estate — Land, buildings and improvements	$ 1,200,507	$ 1,210,776
Operating real estate — Land, buildings and improvements	507,071	503,149
Real estate under construction	180,558	152,106
Net investments in direct financing leases	41,829
Net investments in direct financing leases		41,745
In-place lease intangible assets	250,765	252,316
Right-of-use and other intangible assets	47,200	33,144
Investments in real estate	2,227,930	2,193,236
Accumulated depreciation and amortization	(292,718)	(280,608)
Assets held for sale, net	0	23,608
Net investments in real estate	1,935,212	1,936,236
Cash and cash equivalents	140,142	170,914
Accounts receivable and other assets, net	192,233	197,403
Total assets	2,267,587	2,304,553
Debt:
Non-recourse mortgages, net, including debt attributable to Assets held for sale (Note 4)	1,061,243	1,098,281
Bonds payable, net	140,750	139,146
Debt, net	1,201,993	1,237,427
Accounts payable, accrued expenses and other liabilities	139,736	132,065
Due to affiliates	12,890	16,827
Distributions payable	22,416	22,264
Total liabilities	1,377,035	1,408,583
Commitments and contingencies (Note 10)
Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued	0	0
Additional paid-in capital	1,300,223	1,290,888
Distributions and accumulated losses	(420,161)	(411,464)
Accumulated other comprehensive loss	(54,915)	(50,593)
Total stockholders’ equity	825,294	828,977
Noncontrolling interests	65,258	66,993
Total equity	890,552	895,970
Total liabilities and equity	2,267,587	2,304,553
Class A common stock
Debt:
Common stock	115	114
Class C common stock
Debt:
Common stock	$ 32	$ 32