Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Real estate
Land	$ 738	$ 739
Buildings and improvements	2,794	2,706
Furniture, fixtures, and other equipment	382	363
Gross operating real estate	3,914	3,808
Less accumulated depreciation	(1,529)	(1,425)
Net operating real estate	2,385	2,383
Construction in progress	75	75
Total real estate, net	2,460	2,458
Cash and cash equivalents	64	141
Accounts receivable, net	42	42
Other assets	51	32
Assets from discontinued operations		280
Total Assets	2,617	2,953
Liabilities:
Debt, net	1,010	992
Mandatorily redeemable preferred shares	15
Accounts payable and accrued expenses	94	65
Other liabilities	6	9
Deferred tax liabilities		213
Dividends Payable	12
Liabilities from discontinued operations		846
Total Liabilities	1,137	2,125
Commitments and Contingencies
Equity:
Common Stock, $0.01 par value; 1.0 billion and 2.0 billion shares authorized as of September 30, 2018 and December 31, 2017, respectively; 59.6 million and 66.2 million shares issued as of September 30, 2018 and December 31, 2017, respectively; and 59.6 million and 58.7 million shares outstanding as of September 30, 2018 and December 31, 2017, respectively	1	1
Additional paid-in-capital	973	1,181
Retained Earnings (accumulated deficit)	503	(144)
Treasury stock, at cost, 7.6 million shares as of December 31, 2017		(212)
Accumulated other comprehensive loss		(1)
Noncontrolling interest	3	3
Total Equity	1,480	828
Total Liabilities and Equity	$ 2,617	$ 2,953