XML 49 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Investment properties:    
Land and improvements $ 211,253 $ 217,695
Building and improvements 3,623,962 3,568,858
Tenant improvements 36,497 23,056
Acquired lease intangibles 452,384 458,713
Gross real estate property 4,324,096 4,268,322
Accumulated depreciation (411,052) (300,458)
Net real estate property 3,913,044 3,967,864
Real estate loans receivable 55,659 76,195
Investment in unconsolidated entities 1,330 1,329
Net real estate investments 3,970,033 4,045,388
Cash and cash equivalents 19,161 2,727
Tenant receivables, net 8,881 9,966
Other assets 144,759 106,302
Total assets 4,142,834 4,164,383
Liabilities:    
Credit facility 457,388 324,394
Notes payable 966,961 966,603
Mortgage debt 108,504 186,471
Accounts payable 3,886 11,023
Dividends and distributions payable 43,821 43,804
Accrued expenses and other liabilities 76,282 56,405
Acquired lease intangibles, net 13,585 15,702
Total liabilities 1,670,427 1,604,402
Redeemable noncontrolling interests - Series A Preferred Units (2018) and partially owned properties 24,747 12,347
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 182,416,007 and 181,440,051 common shares issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 1,824 1,814
Additional paid-in capital 2,791,555 2,772,823
Accumulated deficit (428,307) (315,417)
Accumulated other comprehensive income 14,433 13,952
Total shareholders’ equity 2,379,505 2,473,172
Noncontrolling interests:    
Operating Partnership 67,477 73,844
Partially owned properties 678 618
Total noncontrolling interests 68,155 74,462
Total equity 2,447,660 2,547,634
Capital:    
Total liabilities and equity 4,142,834 4,164,383
Operating Partnership    
Investment properties:    
Land and improvements 211,253 217,695
Building and improvements 3,623,962 3,568,858
Tenant improvements 36,497 23,056
Acquired lease intangibles 452,384 458,713
Gross real estate property 4,324,096 4,268,322
Accumulated depreciation (411,052) (300,458)
Net real estate property 3,913,044 3,967,864
Real estate loans receivable 55,659 76,195
Investment in unconsolidated entities 1,330 1,329
Net real estate investments 3,970,033 4,045,388
Cash and cash equivalents 19,161 2,727
Tenant receivables, net 8,881 9,966
Other assets 144,759 106,302
Total assets 4,142,834 4,164,383
Liabilities:    
Credit facility 457,388 324,394
Notes payable 966,961 966,603
Mortgage debt 108,504 186,471
Accounts payable 3,886 11,023
Dividends and distributions payable 43,821 43,804
Accrued expenses and other liabilities 76,282 56,405
Acquired lease intangibles, net 13,585 15,702
Total liabilities 1,670,427 1,604,402
Redeemable noncontrolling interests - Series A Preferred Units (2018) and partially owned properties 24,747 12,347
Equity:    
Accumulated other comprehensive income 14,433 13,952
Capital:    
General partner’s capital, 134,620,300 and 86,864,063 units issued and outstanding as of September 31, 2016 and December 31, 2015, respectively 2,365,072 2,459,220
Limited partners’ capital, 3,618,988 and 3,879,115 units issued and outstanding as of September 31, 2016 and December 31, 2015, respectively 67,477 73,844
Total partners’ capital 2,446,982 2,547,016
Noncontrolling interests - partially owned properties 678 618
Total capital 2,447,660 2,547,634
Total liabilities and equity $ 4,142,834 $ 4,164,383