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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Real estate properties:    
Land $ 230,206 $ 201,283
Buildings, improvements and lease intangibles 3,675,415 3,601,460
Personal property 10,696 10,314
Construction in progress 33,107 5,458
Land held for development 24,647 20,123
Total real estate properties 3,974,071 3,838,638
Less accumulated depreciation (1,015,174) (897,430)
Total real estate properties, net 2,958,897 2,941,208
Cash and cash equivalents 8,381 6,215
Assets held for sale, net 9,272 33,147
Other assets, net 214,697 213,015
Total assets 3,191,247 3,193,585
Liabilities:    
Notes and bonds payable 1,345,984 1,283,880
Accounts payable and accrued liabilities 80,411 70,995
Liabilities of properties held for sale 587 93
Other liabilities 47,623 48,734
Total liabilities 1,474,605 1,403,702
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 shares authorized; 125,279 and 125,132 shares issued and outstanding at December 31, 2018 and 2017, respectively. 1,253 1,251
Additional paid-in capital 3,180,284 3,173,429
Accumulated other comprehensive loss (902) (1,299)
Cumulative net income attributable to common stockholders 1,088,119 1,018,348
Cumulative dividends (2,552,112) (2,401,846)
Total stockholders’ equity 1,716,642 1,789,883
Total liabilities and stockholders' equity $ 3,191,247 $ 3,193,585