Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Real estate:
Land	$ 553	$ 604
Buildings and improvements	1,936	2,162
Furniture, fixtures, and other equipment	323	347
Gross operating real estate	2,812	3,113
Less accumulated depreciation	(1,117)	(1,216)
Net operating real estate	1,695	1,897
Construction in progress	8	14
Total real estate, net	1,703	1,911
Right of use assets	21	21
Cash and cash equivalents	194	101
Accounts receivable	20	33
Other assets	60	43
Total Assets	1,998	2,109
Liabilities:
Debt, net	961	915
Mandatorily redeemable preferred shares	15	15
Accounts payable and accrued expenses	66	82
Dividends payable	0	11
Other liabilities	46	43
Deferred tax liabilities	7	6
Total Liabilities	1,095	1,072
Equity:
Common Stock, Value, Outstanding	1	1
Additional paid-in-capital	959	954
Retained earnings (deficit)	(59)	80
Noncontrolling interest	2	2
Total Equity	903	1,037
Total Liabilities and Equity	$ 1,998	$ 2,109