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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Investment properties:    
Land and improvements $ 226,295 $ 211,253
Building and improvements 3,715,866 3,623,962
Tenant improvements 50,624 36,497
Acquired lease intangibles 398,218 452,384
Gross real estate property 4,391,003 4,324,096
Accumulated depreciation (516,930) (411,052)
Net real estate property 3,874,073 3,913,044
Right-of-use lease assets, net 128,490  
Real estate loans receivable 94,211 55,659
Investments in unconsolidated entities 1,331 1,330
Net real estate investments 4,098,105 3,970,033
Cash and cash equivalents 8,724 19,161
Tenant receivables, net 8,209 8,881
Other assets 132,659 144,759
Total assets 4,247,697 4,142,834
Liabilities:    
Credit facility 512,851 457,388
Notes payable 967,573 966,961
Mortgage debt 83,801 108,504
Accounts payable 6,691 3,886
Dividends and distributions payable 45,412 43,821
Accrued expenses and other liabilities 70,173 76,282
Lease liabilities 63,335 0
Acquired lease intangibles, net 6,474 13,585
Total liabilities 1,756,310 1,670,427
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 27,736 24,747
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 188,340,416 and 182,416,007 common shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 1,883 1,824
Additional paid-in capital 2,903,459 2,791,555
Accumulated deficit (526,195) (428,307)
Accumulated other comprehensive income 3,137 14,433
Total shareholders’ equity 2,382,284 2,379,505
Noncontrolling interests:    
Operating Partnership 81,052 67,477
Partially owned properties 315 678
Total noncontrolling interests 81,367 68,155
Total equity 2,463,651 2,447,660
Total liabilities and equity 4,247,697 4,142,834
Operating Partnership    
Investment properties:    
Land and improvements 226,295 211,253
Building and improvements 3,715,866 3,623,962
Tenant improvements 50,624 36,497
Acquired lease intangibles 398,218 452,384
Gross real estate property 4,391,003 4,324,096
Accumulated depreciation (516,930) (411,052)
Net real estate property 3,874,073 3,913,044
Right-of-use lease assets, net 128,490  
Real estate loans receivable 94,211 55,659
Investments in unconsolidated entities 1,331 1,330
Net real estate investments 4,098,105 3,970,033
Cash and cash equivalents 8,724 19,161
Tenant receivables, net 8,209 8,881
Other assets 132,659 144,759
Total assets 4,247,697 4,142,834
Liabilities:    
Credit facility 512,851 457,388
Notes payable 967,573 966,961
Mortgage debt 83,801 108,504
Accounts payable 6,691 3,886
Dividends and distributions payable 45,412 43,821
Accrued expenses and other liabilities 70,173 76,282
Lease liabilities 63,335  
Acquired lease intangibles, net 6,474 13,585
Total liabilities 1,756,310 1,670,427
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 27,736 24,747
Equity:    
General partners’ capital, 188,340,416 and 182,416,007 units issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 2,379,147 2,365,072
Limited partners’ capital, 6,408,142 and 5,182,784 units issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 81,052 67,477
Accumulated other comprehensive income 3,137 14,433
Total partners’ capital 2,463,336 2,446,982
Noncontrolling interests:    
Noncontrolling interest - partially owned properties 315 678
Total capital 2,463,651 2,447,660
Total liabilities and equity $ 4,247,697 $ 4,142,834