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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Investment properties:    
Land and improvements $ 214,476 $ 217,695
Building and improvements 3,570,056 3,568,858
Tenant improvements 19,121 23,056
Acquired lease intangibles 459,836 458,713
Gross real estate property 4,263,489 4,268,322
Accumulated depreciation (318,393) (300,458)
Net real estate property 3,945,096 3,967,864
Real estate held for sale 93,289 0
Real estate loans receivable 71,529 76,195
Investments in unconsolidated entities 1,331 1,329
Net real estate investments 4,111,245 4,045,388
Cash and cash equivalents 6,550 2,727
Tenant receivables, net 4,293 9,966
Other assets 134,919 106,302
Total assets 4,257,007 4,164,383
Liabilities:    
Credit facility 466,828 324,394
Notes payable 966,387 966,603
Mortgage debt 154,373 186,471
Accounts payable 2,562 11,023
Dividends and distributions payable 43,388 43,804
Accrued expenses and other liabilities 56,706 56,405
Acquired lease intangibles, net 15,767 15,702
Total liabilities 1,706,011 1,604,402
Redeemable noncontrolling interest - Series A Preferred Units (2018) and partially owned properties 23,736 12,347
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 181,943,725 and 181,440,051 common shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 1,819 1,814
Additional paid-in capital 2,778,616 2,772,823
Accumulated deficit (345,571) (315,417)
Accumulated other comprehensive income 18,250 13,952
Total shareholders’ equity 2,453,114 2,473,172
Noncontrolling interests:    
Operating Partnership 73,527 73,844
Partially owned properties 619 618
Total noncontrolling interests 74,146 74,462
Total equity 2,527,260 2,547,634
Total liabilities and equity 4,257,007 4,164,383
Operating Partnership    
Investment properties:    
Land and improvements 214,476 217,695
Building and improvements 3,570,056 3,568,858
Tenant improvements 19,121 23,056
Acquired lease intangibles 459,836 458,713
Gross real estate property 4,263,489 4,268,322
Accumulated depreciation (318,393) (300,458)
Net real estate property 3,945,096 3,967,864
Real estate held for sale 93,289 0
Real estate loans receivable 71,529 76,195
Investments in unconsolidated entities 1,331 1,329
Net real estate investments 4,111,245 4,045,388
Cash and cash equivalents 6,550 2,727
Tenant receivables, net 4,293 9,966
Other assets 134,919 106,302
Total assets 4,257,007 4,164,383
Liabilities:    
Credit facility 466,828 324,394
Notes payable 966,387 966,603
Mortgage debt 154,373 186,471
Accounts payable 2,562 11,023
Dividends and distributions payable 43,388 43,804
Accrued expenses and other liabilities 56,706 56,405
Acquired lease intangibles, net 15,767 15,702
Total liabilities 1,706,011 1,604,402
Redeemable noncontrolling interest - Series A Preferred Units (2018) and partially owned properties 23,736 12,347
Equity:    
General partners’ capital, 181,943,725 and 181,440,051 units issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 2,434,864 2,459,220
Limited partners’ capital, 5,464,217 and 5,364,632 units issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 73,527 73,844
Accumulated other comprehensive income 18,250 13,952
Total partners’ capital 2,526,641 2,547,016
Noncontrolling interests:    
Noncontrolling interest - partially owned properties 619 618
Total capital 2,527,260 2,547,634
Total liabilities and equity $ 4,257,007 $ 4,164,383