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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 1,361,769 $ 1,205,190
Restricted cash 166,568 203,923
Real estate, net 10,458,057 10,860,518
Loans receivable (at fair value at March 31, 2020) 1,588,427 1,566,328
Equity and debt investments ($418,830 and $457,693 at fair value, respectively) 2,177,961 2,313,805
Goodwill 1,373,891 1,452,891
Deferred leasing costs and intangible assets, net 595,250 638,853
Assets held for sale 749,416 870,052
Other assets ($26,919 and $21,386 at fair value, respectively) 640,220 669,144
Due from affiliates 48,503 51,480
Total assets 19,160,062 19,832,184
Liabilities    
Debt, net 9,453,338 8,983,908
Accrued and other liabilities ($95,811 and $136,861 at fair value, respectively) 837,281 1,015,898
Intangible liabilities, net 102,077 111,484
Liabilities related to assets held for sale 260,959 268,152
Due to affiliates 34,301 34,064
Dividends and distributions payable 77,228 83,301
Preferred stock redemptions payable 0 402,855
Total liabilities 10,765,184 10,899,662
Commitments and contingencies (Note 21)
Redeemable noncontrolling interests 3,162 6,107
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; $1,033,750 liquidation preference; 250,000 shares authorized; 41,350 shares issued and outstanding 999,490 999,490
Additional paid-in capital 7,532,213 7,553,599
Accumulated deficit (3,806,308) (3,389,592)
Accumulated other comprehensive income 16,222 47,668
Total stockholders’ equity 4,746,426 5,216,043
Noncontrolling interests in investment entities 3,233,910 3,254,188
Noncontrolling interests in Operating Company 411,380 456,184
Total equity 8,391,716 8,926,415
Total liabilities, redeemable noncontrolling interests and equity 19,160,062 19,832,184
Class A, 949,000 shares authorized; 480,118 and 487,044 shares issued and outstanding, respectively    
Stockholders’ equity:    
Common stock, $0.01 par value per share 4,802 4,871
Class B, 1,000 shares authorized; 734 shares issued and outstanding    
Stockholders’ equity:    
Common stock, $0.01 par value per share $ 7 $ 7