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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Real estate properties:    
Land $ 2,068,645 $ 2,066,602
Buildings, improvements and equipment 9,376,243 9,318,434
Total real estate properties, gross 11,444,888 11,385,036
Accumulated depreciation (3,210,219) (3,120,761)
Total real estate properties, net 8,234,669 8,264,275
Acquired real estate leases and other intangibles 364,397 378,218
Assets held for sale 56,688 87,493
Cash and cash equivalents 55,218 27,633
Restricted cash 44,537 53,626
Due from related persons 65,109 68,653
Other assets, net 176,005 154,069
Total assets 8,996,623 9,033,967
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Unsecured revolving credit facility 457,000 377,000
Unsecured term loan, net 398,038 397,889
Senior unsecured notes, net 5,290,396 5,287,658
Security deposits 47,094 109,403
Accounts payable and other liabilities 402,736 335,696
Due to related persons 17,447 20,443
Dividend payable 1,646 0
Total liabilities 6,614,357 6,528,089
Commitments and contingencies
Shareholders’ equity:    
Common shares of beneficial interest, $.01 par value; 200,000,000 shares authorized; 164,566,397 and 164,563,034 shares issued and outstanding, respectively 1,646 1,646
Additional paid in capital 4,548,076 4,547,529
Cumulative net income available for common shareholders 3,457,995 3,491,645
Cumulative common distributions (5,625,451) (5,534,942)
Total shareholders’ equity 2,382,266 2,505,878
Total liabilities and shareholders’ equity $ 8,996,623 $ 9,033,967