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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Investment properties:    
Land and improvements $ 229,100 $ 225,540
Building and improvements 3,779,241 3,700,009
Tenant improvements 64,379 53,931
Acquired lease intangibles 399,368 390,450
Gross real estate property 4,472,088 4,369,930
Accumulated depreciation (652,587) (540,928)
Net real estate property 3,819,501 3,829,002
Right-of-use lease assets, net 137,691 127,933
Real estate loans receivable, net 164,184 178,240
Investments in unconsolidated entities 61,114 66,137
Net real estate investments 4,182,490 4,201,312
Cash and cash equivalents 3,669 2,355
Tenant receivables, net 4,111 7,972
Other assets 141,694 134,942
Total assets 4,331,964 4,346,581
Liabilities:    
Credit facility 340,818 583,323
Notes payable 968,432 967,789
Mortgage debt 58,375 83,341
Accounts payable 8,122 6,348
Dividends and distributions payable 51,725 46,272
Accrued expenses and other liabilities 81,153 81,238
Lease liabilities 74,018 63,290
Acquired lease intangibles, net 5,663 6,096
Total liabilities 1,588,306 1,837,697
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 28,475 27,900
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 208,224,536 and 189,975,396 common shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 2,082 1,900
Additional paid-in capital 3,275,187 2,931,921
Accumulated deficit (627,884) (529,194)
Accumulated other comprehensive (loss) income (6,309) 4,321
Total shareholders’ equity 2,643,076 2,408,948
Noncontrolling interests:    
Operating Partnership 71,676 71,697
Partially owned properties 431 339
Total noncontrolling interests 72,107 72,036
Total equity 2,715,183 2,480,984
Total liabilities and equity $ 4,331,964 $ 4,346,581