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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Real estate properties:    
Land $ 1,673,113 $ 1,668,797
Buildings, improvements and equipment 7,964,429 7,758,862
Total real estate properties, gross 9,637,542 9,427,659
Accumulated depreciation (2,998,741) (2,784,478)
Total real estate properties, net 6,638,801 6,643,181
Cash and cash equivalents 19,849 24,139
Restricted cash 65,644 73,357
Due from related persons 88,164 78,513
Other assets, net 439,095 331,195
Total assets 7,251,553 7,150,385
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Unsecured revolving credit facility 143,000 398,000
Unsecured term loan, net 397,143 399,086
Senior unsecured notes, net 3,596,275 3,203,962
Security deposits 133,770 126,078
Accounts payable and other liabilities 178,321 184,788
Due to related persons 10,473 83,049
Total liabilities 4,458,982 4,394,963
Commitments and contingencies
Shareholders’ equity:    
Common shares of beneficial interest, $.01 par value; 200,000,000 shares authorized; 164,442,379 and 164,349,141 shares issued and outstanding, respectively 1,644 1,643
Additional paid in capital 4,544,449 4,542,307
Cumulative net income 3,684,167 3,310,017
Cumulative other comprehensive income (loss) (108) 79,358
Cumulative preferred distributions (343,412) (343,412)
Cumulative common distributions (5,094,169) (4,834,491)
Total shareholders’ equity 2,792,571 2,755,422
Total liabilities and shareholders’ equity $ 7,251,553 $ 7,150,385