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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Real estate held for investment, at cost:    
Land $ 14,011,325 $ 12,948,835
Buildings and improvements 32,652,912 29,707,751
Total real estate held for investment, at cost 46,664,237 42,656,586
Less accumulated depreciation and amortization (5,485,766) (4,904,165)
Real estate held for investment, net 41,178,471 37,752,421
Real estate and lease intangibles held for sale, net 17,324 29,535
Cash and cash equivalents 253,693 171,102
Accounts receivable, net 620,599 543,237
Lease intangible assets, net 5,238,400 5,168,366
Goodwill 3,731,478 3,731,478
Other assets, net 2,940,701 2,276,953
Total assets 53,980,666 49,673,092
LIABILITIES AND EQUITY    
Distributions payable 182,855 165,710
Accounts payable and accrued expenses 559,383 399,137
Lease intangible liabilities, net 1,439,968 1,379,436
Other liabilities 855,496 774,787
Line of credit payable and commercial paper 990,257 2,729,040
Term loan, net 1,324,285 249,755
Mortgages payable, net 841,690 853,925
Notes payable, net 16,475,589 14,278,013
Total liabilities 22,669,523 20,829,803
Commitments and contingencies
Stockholders’ equity:    
Common stock and paid in capital, par value $0.01 per share, 1,300,000 shares authorized, 708,773 and 660,300 shares issued and outstanding as of June 30, 2023, and December 31, 2022, respectively 37,149,380 34,159,509
Distributions in excess of net income (6,102,226) (5,493,193)
Accumulated other comprehensive income 96,057 46,833
Total stockholders’ equity 31,143,211 28,713,149
Noncontrolling interests 167,932 130,140
Total equity 31,311,143 28,843,289
Total liabilities and equity $ 53,980,666 $ 49,673,092