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Consolidated and Combined Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Real estate, at cost:    
Land and improvements $ 1,368,294 $ 939,592
Buildings and improvements 3,670,268 3,064,466
Construction in progress, including land 978,942 151,333
Real estate held for sale 8,293 0
Real estate, at cost 6,025,797 4,155,391
Less accumulated depreciation (1,011,330) (930,769)
Real estate, net 5,014,467 3,224,622
Cash and cash equivalents 316,676 29,000
Restricted cash 21,881 3,263
Tenant and other receivables, net 46,734 33,380
Deferred rent receivable, net 146,315 136,582
Investments in and advances to unconsolidated real estate ventures 261,811 45,776
Receivable from former parent 0 75,062
Other assets, net 263,923 112,955
TOTAL ASSETS 6,071,807 3,660,640
Liabilities:    
Mortgages payable, net 2,025,692 1,165,014
Revolving credit facility 115,751 0
Unsecured term loan, net 46,537 0
Payable to former parent 0 283,232
Accounts payable and accrued expenses 138,607 40,923
Other liabilities, net 161,277 49,487
Total liabilities 2,487,864 1,538,656
Commitments and Contingencies
Redeemable noncontrolling interests 609,129 0
Shareholders' equity:    
Preferred shares, $0.01 par value - 200,000 shares authorized, none issued 0  
Common shares, $0.01 par value - 500,000 shares authorized and 117,955 shares issued and outstanding at December 31, 2017 1,180  
Additional paid-in capital 3,063,625  
Accumulated deficit (95,809)  
Accumulated other comprehensive income 1,612  
Shareholders' equity / Former parent equity 2,970,608 2,121,689
Noncontrolling interests in consolidated subsidiaries 4,206 295
Total equity 2,974,814 2,121,984
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 6,071,807 $ 3,660,640