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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets:    
Operating real estate, net of accumulated depreciation of 2,092,375 and $1,955,406, respectively $ 9,256,277 $ 7,930,489
Investments and advances in real estate joint ventures 833,650 1,037,218
Real estate under development 157,970 132,331
Other real estate investments 214,253 266,157
Mortgages and other financing receivables 26,207 74,013
Cash and cash equivalents 180,913 187,322
Marketable securities [1] 12,189 90,235
Accounts and notes receivable 172,758 172,386
Other assets 559,767 371,249
Total assets 11,413,984 10,261,400
Liabilities:    
Notes payable [2] 3,852,640 3,171,742
Mortgages payable [3] 1,645,946 1,424,228
Dividends payable 111,480 111,143
Other liabilities 621,521 561,042
Total liabilities 6,231,587 5,268,155
Redeemable noncontrolling interests 92,739 91,480
Stockholders' equity:    
Preferred stock, $1.00 par value, authorized 5,959,100 shares 102,000 shares issued and outstanding (in series) Aggregate liquidation preference $975,000 102 102
Common stock, $.01 par value, authorized 750,000,000 shares issued and outstanding 413,222,609 and 411,819,818 shares, respectively 4,132 4,118
Paid-in capital 5,770,970 5,732,021
Cumulative distributions in excess of net income (832,746) (1,006,578)
Accumulated other comprehensive income (14,744) 45,122
Total stockholders' equity 4,927,714 4,774,785
Noncontrolling interests 161,944 126,980
Total equity 5,089,658 4,901,765
Total liabilities and equity $ 11,413,984 $ 10,261,400
[1] As of September 30, 2015 and December 31, 2014, the Company determined that $10.5 million and $87.7 million, respectively, of the Marketable securities estimated fair value were classified within Level 1 of the fair value hierarchy and the remaining $1.7 million and $2.3 million, respectively, were classified within Level 3 of the fair value hierarchy.
[2] The Company determined that its valuation of Notes payable was classified within Level 2 of the fair value hierarchy.
[3] The Company determined that its valuation of Mortgages payable was classified within Level 3 of the fair value hierarchy.