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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investment properties:    
Land and improvements $ 235,216 $ 235,453
Building and improvements 4,612,574 4,612,561
Tenant improvements 89,768 86,018
Acquired lease intangibles 498,221 498,221
Gross real estate property 5,435,779 5,432,253
Accumulated depreciation (867,799) (821,036)
Net real estate property 4,567,980 4,611,217
Real estate held for sale 2,113 1,964
Right-of-use lease assets, net 234,345 235,483
Real estate loans receivable, net 93,176 117,844
Investments in unconsolidated entities 75,669 69,793
Net real estate investments 4,973,283 5,036,301
Cash and cash equivalents 2,729 9,876
Tenant receivables, net 5,783 4,948
Other assets 134,248 131,584
Total assets 5,116,043 5,182,709
Liabilities:    
Credit facility 249,075 267,641
Notes payable 1,464,358 1,464,008
Mortgage debt 179,886 180,269
Accounts payable 1,399 6,651
Dividends and distributions payable 56,689 57,246
Accrued expenses and other liabilities 79,013 86,254
Lease liabilities 104,739 104,957
Acquired lease intangibles, net 21,111 21,569
Total liabilities 2,156,270 2,188,595
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 6,335 7,081
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 225,293,058 and 224,678,116 common shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 2,253 2,247
Additional paid-in capital 3,615,884 3,610,954
Accumulated deficit (814,492) (776,001)
Accumulated other comprehensive income (loss) 487 (892)
Total shareholders’ equity 2,804,132 2,836,308
Noncontrolling interests:    
Operating Partnership 148,226 150,241
Partially owned properties 1,080 484
Total noncontrolling interests 149,306 150,725
Total equity 2,953,438 2,987,033
Total liabilities and equity $ 5,116,043 $ 5,182,709