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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Investment properties:    
Land and improvements $ 241,385 $ 235,453
Building and improvements 4,666,085 4,612,561
Tenant improvements 90,318 86,018
Acquired lease intangibles 505,335 498,221
Gross real estate property 5,503,123 5,432,253
Accumulated depreciation (948,883) (821,036)
Net real estate property 4,554,240 4,611,217
Real estate held for sale 0 1,964
Right-of-use lease assets, net 232,320 235,483
Real estate loans receivable, net 120,576 117,844
Investments in unconsolidated entities 79,613 69,793
Net real estate investments 4,986,749 5,036,301
Cash and cash equivalents 2,512 9,876
Tenant receivables, net 9,644 4,948
Other assets 143,569 131,584
Total assets 5,142,474 5,182,709
Liabilities:    
Credit facility 256,893 267,641
Notes payable 1,465,078 1,464,008
Mortgage debt 164,556 180,269
Accounts payable 6,526 6,651
Dividends and distributions payable 58,382 57,246
Accrued expenses and other liabilities 92,494 86,254
Lease liabilities 104,905 104,957
Acquired lease intangibles, net 24,970 21,569
Total liabilities 2,173,804 2,188,595
Redeemable noncontrolling interest - Series A Preferred Units and partially owned properties 3,288 7,081
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 226,763,146 and 224,678,116 common shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 2,268 2,247
Additional paid-in capital 3,648,983 3,610,954
Accumulated deficit (838,729) (776,001)
Accumulated other comprehensive income (loss) 5,323 (892)
Total shareholders’ equity 2,817,845 2,836,308
Noncontrolling interests:    
Operating Partnership 146,426 150,241
Partially owned properties 1,111 484
Total noncontrolling interests 147,537 150,725
Total equity 2,965,382 2,987,033
Total liabilities and equity $ 5,142,474 $ 5,182,709