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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investment properties:    
Land and improvements $ 233,699 $ 235,453
Building and improvements 4,588,319 4,612,561
Tenant improvements 87,162 86,018
Acquired lease intangibles 493,149 498,221
Gross real estate property 5,402,329 5,432,253
Accumulated depreciation (901,526) (821,036)
Net real estate property 4,500,803 4,611,217
Real estate held for sale 65,798 1,964
Right-of-use lease assets, net 233,281 235,483
Real estate loans receivable, net 104,716 117,844
Investments in unconsolidated entities 80,590 69,793
Net real estate investments 4,985,188 5,036,301
Cash and cash equivalents 401 9,876
Tenant receivables, net 6,135 4,948
Other assets 134,617 131,584
Total assets 5,126,341 5,182,709
Liabilities:    
Credit facility 258,509 267,641
Notes payable 1,464,713 1,464,008
Mortgage debt 179,516 180,269
Accounts payable 5,336 6,651
Dividends and distributions payable 57,809 57,246
Accrued expenses and other liabilities 88,311 86,254
Lease liabilities 104,591 104,957
Acquired lease intangibles, net 20,603 21,569
Total liabilities 2,179,388 2,188,595
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 5,776 7,081
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 226,316,998 and 224,678,116 common shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 2,263 2,247
Additional paid-in capital 3,637,459 3,610,954
Accumulated deficit (850,101) (776,001)
Accumulated other comprehensive income (loss) 3,570 (892)
Total shareholders’ equity 2,793,191 2,836,308
Noncontrolling interests:    
Operating Partnership 146,888 150,241
Partially owned properties 1,098 484
Total noncontrolling interests 147,986 150,725
Total equity 2,941,177 2,987,033
Total liabilities and equity $ 5,126,341 $ 5,182,709