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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Net real estate investments:    
Real estate assets, at cost (note 1) $ 13,454,391 $ 11,858,064
Less: accumulated depreciation 2,691,386 2,415,860
Real estate assets, net 10,763,005 9,442,204
Investments in sales-type lease, net 8,705  
Investments in real estate partnerships (note 4) 370,605 350,377
Net real estate investments 11,142,315 9,792,581
Properties held for sale 18,878  
Cash, cash equivalents, and restricted cash, including $6,383 and $2,310 of restricted cash at December 31, 2023 and 2022, respectively (note 1) 91,354 68,776
Tenant and other receivables (note 1) 206,162 188,863
Deferred leasing costs, less accumulated amortization of $124,107 and $117,137 at December 31, 2023 and 2022, respectively 73,398 68,945
Acquired lease intangible assets, less accumulated amortization of $364,413 and $338,053 at December 31, 2023 and 2022, respectively (note 6) 283,375 197,745
Right of use assets, net 328,002 275,513
Other assets (note 5) 283,429 267,797
Total assets 12,426,913 10,860,220
Liabilities:    
Notes payable, net (note 9) 4,001,949 3,726,754
Unsecured credit facility (note 9) 152,000  
Accounts payable and other liabilities 358,612 317,259
Acquired lease intangible liabilities, less accumulated amortization of $211,067 and $193,315 at December 31, 2023 and 2022, respectively (note 6) 398,302 354,204
Lease liabilities 246,063 213,722
Tenants’ security, escrow deposits and prepaid rent 78,052 70,242
Total liabilities 5,234,978 4,682,181
Stockholders' equity/Partners' capital:    
Preferred stock $0.01 par value per share, 30,000,000 shares authorized; 9,000,000 shares issued, in the aggregate, in Series A and Series B at December 31, 2023 with liquidation preferences of $25 per share and no shares authorized or issued at December 31, 2022 225,000  
Common stock $0.01 par value per share, 220,000,000 shares authorized; 184,581,070 and 171,124,593 shares issued at December 31, 2023 and 2022, respectively 1,846 1,711
Treasury stock at cost, 448,140 and 465,415 shares held at December 31, 2023 and 2022, respectively (25,488) (24,461)
Additional paid-in-capital 8,704,240 7,877,152
Accumulated other comprehensive (loss) income (1,308) 7,560
Distributions in excess of net income (1,871,603) (1,764,977)
Total shareholders' equity 7,032,687 6,096,985
Noncontrolling interests (note 12):    
Exchangeable operating partnership units, aggregate redemption value of $74,199 and $46,340 at December 31, 2023 and 2022, respectively 42,195 34,489
Limited partners' interests in consolidated partnerships (note 1) 117,053 46,565
Total noncontrolling interests 159,248 81,054
Total equity 7,191,935 6,178,039
Total liabilities and equity 12,426,913 10,860,220
Partnership Interest [Member]    
Net real estate investments:    
Real estate assets, at cost (note 1) 13,454,391 11,858,064
Less: accumulated depreciation 2,691,386 2,415,860
Real estate assets, net 10,763,005 9,442,204
Investments in sales-type lease, net 8,705  
Investments in real estate partnerships (note 4) 370,605 350,377
Net real estate investments 11,142,315 9,792,581
Properties held for sale 18,878  
Cash, cash equivalents, and restricted cash, including $6,383 and $2,310 of restricted cash at December 31, 2023 and 2022, respectively (note 1) 91,354 68,776
Tenant and other receivables (note 1) 206,162 188,863
Deferred leasing costs, less accumulated amortization of $124,107 and $117,137 at December 31, 2023 and 2022, respectively 73,398 68,945
Acquired lease intangible assets, less accumulated amortization of $364,413 and $338,053 at December 31, 2023 and 2022, respectively (note 6) 283,375 197,745
Right of use assets, net 328,002 275,513
Other assets (note 5) 283,429 267,797
Total assets 12,426,913 10,860,220
Liabilities:    
Notes payable, net (note 9) 4,001,949 3,726,754
Unsecured credit facility (note 9) 152,000  
Accounts payable and other liabilities 358,612 317,259
Acquired lease intangible liabilities, less accumulated amortization of $211,067 and $193,315 at December 31, 2023 and 2022, respectively (note 6) 398,302 354,204
Lease liabilities 246,063 213,722
Tenants’ security, escrow deposits and prepaid rent 78,052 70,242
Total liabilities 5,234,978 4,682,181
Stockholders' equity/Partners' capital:    
Preferred units $0.01 par value per unit, 30,000,000 units authorized; 9,000,000 units issued, in the aggregate, in Series A and Series B at December 31, 2023 with liquidation preferences of $25 per unit and no units authorized or issued at December 31, 2022 General partner; 184,581,070 and 171,124,593 units outstanding at December 31, 2023 and 2022, respectively 225,000  
General partner; 184,581,070 and 171,124,593 units outstanding at December 31, 2023 and 2022, respectively 6,808,995 6,089,425
Limited partners; 1,107,454 and 741,433 units outstanding at December 31, 2023 and 2022, respectively 42,195 34,489
Accumulated other comprehensive (loss) income (1,308) 7,560
Total partners’ capital 7,074,882 6,131,474
Noncontrolling interests (note 12):    
Limited partners' interests in consolidated partnerships (note 1) 117,053 46,565
Total capital 7,191,935 6,178,039
Total liabilities and equity $ 12,426,913 $ 10,860,220