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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Real estate properties:    
Land $ 201,283 $ 199,672
Buildings, improvements and lease intangibles 3,601,460 3,386,480
Personal property 10,314 10,291
Construction in progress 5,458 11,655
Land held for development 20,123 20,123
Total real estate properties 3,838,638 3,628,221
Less accumulated depreciation (897,430) (840,839)
Total real estate properties, net 2,941,208 2,787,382
Cash and cash equivalents 6,215 5,409
Restricted cash 0 49,098
Assets held for sale and discontinued operations, net 33,147 3,092
Other assets, net 213,015 195,666
Total assets 3,193,585 3,040,647
Liabilities:    
Notes and bonds payable 1,283,880 1,264,370
Accounts payable and accrued liabilities 70,995 78,266
Liabilities of assets held for sale and discontinued operations 93 614
Other liabilities 48,734 43,983
Total liabilities 1,403,702 1,387,233
Commitments and contingencies
Stockholders' Equity:    
Preferred stock, $.01 par value; 50,000 shares authorized; none issued and outstanding 0 0
Common stock, $.01 par value; 300,000 and 150,000 shares authorized; 125,132 and 116,417 shares issued and outstanding at December 31, 2017 and 2016, respectively. 1,251 1,164
Additional paid-in capital 3,173,429 2,917,914
Accumulated other comprehensive loss (1,299) (1,401)
Cumulative net income attributable to common stockholders 1,018,348 995,256
Cumulative dividends (2,401,846) (2,259,519)
Total stockholders’ equity 1,789,883 1,653,414
Total liabilities and stockholders' equity $ 3,193,585 $ 3,040,647