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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Investment properties:    
Land and improvements $ 210,542 $ 211,253
Building and improvements 3,627,825 3,623,962
Tenant improvements 43,213 36,497
Acquired lease intangibles 386,707 452,384
Gross real estate property 4,268,287 4,324,096
Accumulated depreciation (443,814) (411,052)
Net real estate property 3,824,473 3,913,044
Real estate held for sale 9,038 0
Right-of-use lease asset, net 126,250 0
Real estate loans receivable 75,474 55,659
Investments in unconsolidated entities 1,331 1,330
Net real estate investments 4,036,566 3,970,033
Cash and cash equivalents 5,048 19,161
Tenant receivables, net 10,566 8,881
Other assets 132,825 144,759
Total assets 4,185,005 4,142,834
Liabilities:    
Credit facility 478,892 457,388
Notes payable 967,161 966,961
Mortgage debt 99,608 108,504
Accounts payable 3,513 3,886
Dividends and distributions payable 44,335 43,821
Accrued expenses and other liabilities 56,088 76,282
Lease liability 60,864 0
Acquired lease intangibles, net 7,336 13,585
Total liabilities 1,717,797 1,670,427
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 24,882 24,747
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 184,307,910 and 182,416,007 common shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 1,843 1,824
Additional paid-in capital 2,822,520 2,791,555
Accumulated deficit (460,357) (428,307)
Accumulated other comprehensive income 10,957 14,433
Total shareholders’ equity 2,374,963 2,379,505
Noncontrolling interests:    
Operating Partnership 66,668 67,477
Partially owned properties 695 678
Total noncontrolling interests 67,363 68,155
Total equity 2,442,326 2,447,660
Total liabilities and equity 4,185,005 4,142,834
Operating Partnership    
Investment properties:    
Land and improvements 210,542 211,253
Building and improvements 3,627,825 3,623,962
Tenant improvements 43,213 36,497
Acquired lease intangibles 386,707 452,384
Gross real estate property 4,268,287 4,324,096
Accumulated depreciation (443,814) (411,052)
Net real estate property 3,824,473 3,913,044
Real estate held for sale 9,038 0
Right-of-use lease asset, net 126,250 0
Real estate loans receivable 75,474 55,659
Investments in unconsolidated entities 1,331 1,330
Net real estate investments 4,036,566 3,970,033
Cash and cash equivalents 5,048 19,161
Tenant receivables, net 10,566 8,881
Other assets 132,825 144,759
Total assets 4,185,005 4,142,834
Liabilities:    
Credit facility 478,892 457,388
Notes payable 967,161 966,961
Mortgage debt 99,608 108,504
Accounts payable 3,513 3,886
Dividends and distributions payable 44,335 43,821
Accrued expenses and other liabilities 56,088 76,282
Lease liability 60,864 0
Acquired lease intangibles, net 7,336 13,585
Total liabilities 1,717,797 1,670,427
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 24,882 24,747
Equity:    
General partners’ capital, 184,307,910 and 182,416,007 units issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 2,364,006 2,365,072
Limited partners’ capital, 5,178,291 and 5,182,784 units issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 66,668 67,477
Accumulated other comprehensive income 10,957 14,433
Total partners’ capital 2,441,631 2,446,982
Noncontrolling interests:    
Noncontrolling interest - partially owned properties 695 678
Total capital 2,442,326 2,447,660
Total liabilities and equity $ 4,185,005 $ 4,142,834