XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Real estate, at cost:    
Land $ 3,008,036 $ 2,791,147
Buildings and improvements 7,995,808 7,108,328
Total real estate, at cost 11,003,844 9,899,475
Less accumulated depreciation and amortization (1,317,760) (1,114,888)
Net real estate held for investment 9,686,084 8,784,587
Real estate held for sale, net 15,757 12,022
Net real estate 9,701,841 8,796,609
Cash and cash equivalents 16,936 10,257
Accounts receivable, net 47,852 39,323
Acquired lease intangible assets, net 1,059,879 935,459
Goodwill 15,535 15,660
Other assets, net 97,797 127,133
Total assets 10,939,840 9,924,441
LIABILITIES AND EQUITY    
Distributions payable 43,289 41,452
Accounts payable and accrued expenses 78,271 102,511
Acquired lease intangible liabilities, net 201,245 148,250
Other liabilities 44,410 44,030
Preferred shares subject to mandatory redemption 220,000  
Line of credit payable 45,000 128,000
Term loan 70,000 70,000
Mortgages payable, net 862,212 783,360
Notes payable, net 3,785,027 3,185,480
Total liabilities 5,349,454 4,503,083
Commitments and contingencies      
Stockholders' equity:    
Preferred stock and paid in capital, par value $0.01 per share, 69,900,000 shares authorized, 16,350,000 shares issued and outstanding as of September 30, 2014 and 25,150,000 shares issued and outstanding as of December 31, 2013 395,377 609,363
Common stock and paid in capital, par value $0.01 per share, 370,100,000 shares authorized, 222,670,846 shares issued and outstanding as of September 30, 2014 and 207,485,073 shares issued and outstanding at December 31, 2013 6,361,400 5,767,878
Distributions in excess of net income (1,194,987) (991,794)
Total stockholders' equity 5,561,790 5,385,447
Noncontrolling interests 28,596 35,911
Total equity 5,590,386 5,421,358
Total liabilities and equity $ 10,939,840 $ 9,924,441