CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real estate investments:
Land and improvements	$ 262,064	$ 287,193
Buildings and improvements	2,785,166	2,984,257
Construction in progress	45,892	33,646
Acquired lease intangibles	92,431	101,869
Gross real estate investment	3,185,553	3,406,965
Accumulated depreciation and amortization	(702,809)	(704,210)
Net real estate property	2,482,744	2,702,755
Net investment in direct financing lease	22,531	22,075
Net real estate investments	2,505,275	2,724,830
Loans receivable, net	62,264	29,727
Cash	15,813	16,995
Goodwill	123,884	145,374
Other assets	105,132	38,043
Total assets	2,812,368	2,954,969
Liabilities:
Term loans, senior notes and other debt	1,414,534	1,524,863
Tenant deposits	42,574	57,974
Lease intangible liabilities, net	103,182	130,348
Dividends payable	47,861	0
Accounts payable and other liabilities	37,177	24,048
Deferred income taxes	1,852	1,889
Total liabilities	1,647,180	1,739,122
Commitments and contingencies
Equity:
Preferred stock, $0.01 par value; 10,000 shares authorized, unissued at December 31, 2016 and 2015	0	0
Common stock, $0.01 par value; 300,000 shares authorized, 83,970 and 83,803 shares issued at December 31, 2016 and 2015, respectively	840	838
Additional paid-in capital	1,272,642	1,264,650
Dividends in excess of net income	(119,750)	(51,056)
Treasury stock, 11 and 0 shares at December 31, 2016 and 2015, respectively	(330)	0
Accumulated other comprehensive income	10,476	0
Total CCP equity	1,163,878	1,214,432
Noncontrolling interest	1,310	1,415
Total equity	1,165,188	1,215,847
Total liabilities and equity	$ 2,812,368	$ 2,954,969