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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real estate:    
Buildings and improvements $ 13,097,282 $ 12,784,078
Development costs and construction in progress 863,341 760,355
Land and improvements 2,657,602 2,667,188
Accumulated depreciation and amortization (3,498,077) (3,188,138)
Net real estate 13,120,148 13,023,483
Loans receivable, net of reserves of $8,023 and $8,280 225,881 374,832
Investments in and advances to unconsolidated joint ventures 745,381 706,677
Accounts receivable, net of allowance of $2,077 and $2,399 59,085 53,436
Cash and cash equivalents 63,478 72,032
Restricted cash 50,449 54,802
Intangible assets, net 339,191 418,061
Assets held for sale, net 8,277 49,866
Right-of-use asset, net 233,480 237,318
Other assets, net 757,164 780,722
Total assets 15,602,534 15,771,229
LIABILITIES AND EQUITY    
Bank line of credit and commercial paper 424,000 995,606
Term loans 496,603 495,957
Senior unsecured notes 5,401,461 4,659,451
Mortgage debt 342,349 346,599
Intangible liabilities, net 133,668 156,193
Liabilities related to assets held for sale, net 39 4,070
Lease liability 204,762 208,515
Accounts payable, accrued liabilities, and other liabilities 687,650 772,485
Deferred revenue 879,174 844,076
Total liabilities 8,569,706 8,482,952
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests 49,016 105,679
Common stock, $1.00 par value: 750,000,000 shares authorized; 547,072,311 and 546,641,973 shares issued and outstanding 547,072 546,642
Additional paid-in capital 10,401,994 10,349,614
Cumulative dividends in excess of earnings (4,528,508) (4,269,689)
Accumulated other comprehensive income (loss) 36,747 28,134
Total stockholders’ equity 6,457,305 6,654,701
Joint venture partners 313,402 327,721
Non-managing member unitholders 213,105 200,176
Total noncontrolling interests 526,507 527,897
Total equity 6,983,812 7,182,598
Total liabilities and equity $ 15,602,534 $ 15,771,229