XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Real estate, net of accumulated depreciation and amortization of $2,886,259 and $2,717,114, respectively $ 14,778,312 $ 9,346,041
Other investments 130,470 117,140
Cash and cash equivalents 483,471 293,188
Marketable securities 1,249,125 706,954
Accounts and notes receivable, net 235,082 219,248
Operating lease right-of-use assets, net 149,203 102,369
Other assets 380,675 233,192
Total assets [1] 18,590,521 11,614,498
Liabilities:    
Notes payable, net 7,034,047 5,044,208
Mortgages payable, net 482,634 311,272
Dividends payable 5,366 5,366
Operating lease liabilities 125,015 96,619
Other liabilities 772,251 470,995
Total liabilities [2] 8,419,313 5,928,460
Redeemable noncontrolling interests 15,784 15,784
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, $1.00 par value, authorized 7,054,000 shares; Issued and outstanding (in series) 19,580 shares; Aggregate liquidation preference $489,500 20 20
Common stock, $.01 par value, authorized 750,000,000 shares; Issued and outstanding 616,413,920 and 432,518,743 shares, respectively 6,164 4,325
Paid-in capital 9,579,517 5,766,511
Retained earnings 328,609  
Cumulative distributions in excess of net income   (162,812)
Total stockholders' equity 9,914,310 5,608,044
Noncontrolling interests 241,114 62,210
Total equity 10,155,424 5,670,254
Total liabilities and equity 18,590,521 11,614,498
Real Estate Under Development [Member]    
Assets:    
Real estate under development 5,672 5,672
Investments in and Advances to Real Estate Joint Ventures [Member]    
Assets:    
Investments in and advances to real estate joint ventures $ 1,178,511 $ 590,694
[1] Includes restricted assets of consolidated variable interest entities ("VIEs") at September 30, 2021 and December 31, 2020 of $230,847 and $102,482, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements.
[2] Includes non-recourse liabilities of consolidated VIEs at September 30, 2021 and December 31, 2020 of $122,475 and $62,076, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements.