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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Real estate, net of accumulated depreciation and amortization of $2,393,946 and $2,385,287, respectively $ 9,221,743 $ 9,250,519
Real estate under development [1] 275,914 241,384
Investments in and advances to real estate joint ventures 566,928 570,922
Other real estate investments 201,880 192,123
Cash and cash equivalents 143,673 143,581
Accounts and notes receivable, net 183,650 184,528
Operating lease right-of-use assets, net 104,177
Other assets 372,235 416,043
Total assets [2] 11,070,200 10,999,100
Liabilities:    
Notes payable, net 4,383,413 4,381,456
Mortgages and construction loan payable, net 485,341 492,416
Dividends payable 130,444 130,262
Operating lease liabilities 97,133
Other liabilities 553,327 560,231
Total liabilities [3] 5,649,658 5,564,365
Redeemable noncontrolling interests 23,684 23,682
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, $1.00 par value, authorized 5,996,240 shares; issued and outstanding (in series) 42,580 shares; Aggregate liquidation preference $1,064,500 43 43
Common stock, $.01 par value, authorized 750,000,000 shares; issued and outstanding 422,037,132 and 421,388,879 shares, respectively 4,220 4,214
Paid-in capital 6,119,855 6,117,254
Cumulative distributions in excess of net income (804,241) (787,707)
Total stockholders' equity 5,319,877 5,333,804
Noncontrolling interests 76,981 77,249
Total equity 5,396,858 5,411,053
Total liabilities and equity $ 11,070,200 $ 10,999,100
[1] Includes capitalized costs of interest, real estate taxes, insurance, legal costs and payroll of $27.6 million and $24.9 million, as of March 31, 2019 and December 31, 2018, respectively.
[2] Includes restricted assets of consolidated variable interest entities ("VIEs") at March 31, 2019 and December 31, 2018 of $241,538 and $239,012, respectively. See Footnote 11 of the Notes to Condensed Consolidated Financial Statements.
[3] Includes non-recourse liabilities of consolidated VIEs at March 31, 2019 and December 31, 2018 of $140,769 and $143,186, respectively. See Footnote 11 of the Notes to Condensed Consolidated Financial Statements.