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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real estate owned:    
Real estate held for investment $ 15,075,552 $ 14,352,234
Less: accumulated depreciation (5,594,600) (5,136,589)
Real estate held for investment, net 9,480,952 9,215,645
Real estate under development (net of accumulated depreciation of $2,265 and $507, respectively) 366,200 388,062
Real estate held for disposition (net of accumulated depreciation of $8,944 and $0, respectively) 15,019  
Total real estate owned, net of accumulated depreciation 9,862,171 9,603,707
Cash and cash equivalents 1,532 967
Restricted cash 28,363 27,451
Notes receivable, net 40,128 26,860
Investment in and advances to unconsolidated joint ventures, net 761,117 702,461
Operating lease right-of-use assets 194,923 197,463
Other assets 209,728 216,311
Total assets 11,097,962 10,775,220
Liabilities:    
Secured debt, net 1,053,560 1,057,380
Unsecured debt, net 4,572,802 4,355,407
Operating lease liabilities 190,064 192,488
Real estate taxes payable 61,210 33,095
Accrued interest payable 26,109 45,980
Security deposits and prepaid rent 53,693 55,441
Distributions payable 133,341 124,729
Accounts payable, accrued expenses, and other liabilities 135,904 136,954
Total liabilities 6,226,683 6,001,474
Commitments and contingencies (Note 13)
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 920,311 1,299,442
Equity:    
Common stock, $0.01 par value; 450,000,000 shares authorized at September 30, 2022 and December 31, 2021: 326,352,154 and 318,149,635 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 3,264 3,181
Additional paid-in capital 7,332,127 6,884,269
Distributions in excess of net income (3,438,027) (3,485,080)
Accumulated other comprehensive income/(loss), net 8,779 (4,261)
Total stockholders' equity 3,950,758 3,442,874
Noncontrolling interests 210 31,430
Total equity 3,950,968 3,474,304
Total liabilities and equity 11,097,962 10,775,220
8.00% Series E Cumulative Convertible Preferred Stock    
Equity:    
Preferred stock, no par value; 50,000,000 shares authorized at September 30, 2022 and December 31, 2021: 44,614 44,764
Series F    
Equity:    
Preferred stock, no par value; 50,000,000 shares authorized at September 30, 2022 and December 31, 2021: $ 1 $ 1