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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 1,099,467 $ 1,205,190
Restricted cash 145,229 203,923
Real estate, net 8,987,902 10,860,518
Loans receivable (at fair value at June 30, 2020) 1,398,087 1,566,328
Equity and debt investments ($402,167 and $457,693 at fair value, respectively) 1,825,448 2,313,805
Goodwill 851,757 1,452,891
Deferred leasing costs and intangible assets, net 565,221 638,853
Assets held for sale 705,217 870,052
Other assets ($4,933 and $21,386 at fair value, respectively) 527,309 669,144
Due from affiliates 77,897 51,480
Total assets 16,183,534 19,832,184
Liabilities    
Debt, net 9,211,114 8,983,908
Accrued and other liabilities ($103,825 and $136,861 at fair value, respectively) 869,947 1,015,898
Intangible liabilities, net 87,195 111,484
Liabilities related to assets held for sale 261,791 268,152
Due to affiliates 1,336 34,064
Dividends and distributions payable 18,516 83,301
Preferred stock redemptions payable 0 402,855
Total liabilities 10,449,899 10,899,662
Commitments and contingencies (Note 21)
Redeemable noncontrolling interests 29,066 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 7,540,197 7,553,599
Accumulated deficit (5,849,098) (3,389,592)
Accumulated other comprehensive income 44,367 47,668
Total stockholders’ equity 2,739,777 5,216,043
Noncontrolling interests in investment entities 2,776,604 3,254,188
Noncontrolling interests in Operating Company 188,188 456,184
Total equity 5,704,569 8,926,415
Total liabilities, redeemable noncontrolling interests and equity 16,183,534 19,832,184
Class A, 949,000 shares authorized; 481,391 and 487,044 shares issued and outstanding, respectively    
Stockholders’ equity:    
Common stock, $0.01 par value per share 4,814 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