CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Real estate, at cost:
Land	$ 5,085,951	$ 4,682,660
Buildings and improvements	13,062,209	11,858,806
Total real estate, at cost	18,148,160	16,541,466
Less accumulated depreciation and amortization	(3,017,204)	(2,714,534)
Net real estate held for investment	15,130,956	13,826,932
Real estate held for sale, net	15,770	16,585
Net real estate	15,146,726	13,843,517
Cash and cash equivalents	236,064	10,387
Accounts receivable	163,444	144,991
Lease intangible assets, net	1,313,798	1,199,597
Goodwill	14,503	14,630
Other assets, net	305,369	47,361
Total assets	17,179,904	15,260,483
LIABILITIES AND EQUITY
Distributions payable	74,735	67,789
Accounts payable and accrued expenses	163,154	133,765
Lease intangible liabilities, net	326,172	310,866
Other liabilities	260,357	127,109
Line of credit payable	0	252,000
Term loans, net	498,936	568,610
Mortgages payable, net	282,053	302,569
Notes payable, net	6,256,400	5,376,797
Total liabilities	7,861,807	7,139,505
Commitments and contingencies
Stockholders’ equity:
Common stock and paid in capital, par value $0.01 per share, 740,200,000 shares authorized, 325,910,281 shares issued and outstanding as of September 30, 2019 and 370,100,000 shares authorized, 303,742,090 shares issued and outstanding as of December 31, 2018	12,294,138	10,754,495
Distributions in excess of net income	(2,987,120)	(2,657,655)
Accumulated other comprehensive loss	(13,599)	(8,098)
Total stockholders’ equity	9,293,419	8,088,742
Noncontrolling interests	24,678	32,236
Total equity	9,318,097	8,120,978
Total liabilities and equity	$ 17,179,904	$ 15,260,483