v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
REAL ESTATE ASSETS (Notes 3 and 18):    
Land and improvements $ 875,794 $ 877,633
Buildings and improvements 4,091,012 4,059,639
Undeveloped land and construction in progress 1,361,340 1,120,660
Total real estate held for investment 6,328,146 6,057,932
Accumulated depreciation and amortization (994,241) (947,664)
Total real estate held for investment, net ($184,254 and $211,755 of VIE, Note 2) 5,333,905 5,110,268
REAL ESTATE ASSETS AND OTHER ASSETS HELD FOR SALE, NET (Note 4) 117,666 8,211
CASH AND CASH EQUIVALENTS 56,508 23,781
RESTRICTED CASH (Note 4) 696 75,185
MARKETABLE SECURITIES (Notes 14 and 17) 12,882 11,971
CURRENT RECEIVABLES, NET (Note 6) 11,153 [1] 7,229
DEFERRED RENT RECEIVABLES, NET (Note 6) 189,704 156,416
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Notes 3 and 5) 176,683 201,926
DEFERRED FINANCING COSTS, NET (Notes 2 and 8) 17,628 18,374
PREPAID EXPENSES AND OTHER ASSETS, NET 22,644 20,375
TOTAL ASSETS 5,939,469 5,633,736
LIABILITIES:    
Secured debt (Notes 3, 7, 8 and 17) 381,918 546,292
Unsecured debt, net (Notes 7, 8 and 17) 1,856,590 1,783,121
Unsecured line of credit (Notes 7, 8 and 17) 0 140,000
Accounts payable, accrued expenses and other liabilities (Note 16) 246,323 225,830
Accrued distributions (Note 11) 34,992 32,899
Deferred revenue and acquisition-related intangible liabilities, net (Notes 3, 5 and 9) 128,156 132,239
Rents received in advance and tenant security deposits 49,361 49,363
Liabilities and deferred revenue of real estate assets held for sale (Note 4) 7,543 56
Total liabilities $ 2,704,883 $ 2,909,800
COMMITMENTS AND CONTINGENCIES (Note 16)
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Common stock, $.01 par value, 150,000,000 shares authorized, 92,258,690 and 86,259,684 shares issued and outstanding, respectively $ 923 $ 863
Additional paid-in capital 3,047,894 2,635,900
Distributions in excess of earnings 70,262 162,964
Total stockholders' equity 3,170,966 2,666,210
Noncontrolling interest:    
Common units of the Operating Partnership 57,100 51,864
Noncontrolling interest in consolidated subsidiary (Notes 2 and 10) 6,520 5,862
Total noncontrolling interests 63,620 57,726
Total equity 3,234,586 2,723,936
TOTAL LIABILITIES AND EQUITY 5,939,469 5,633,736
Series G Cumulative Redeemable Preferred Stock    
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Redeemable Preferred stock 96,155 96,155
Series H Cumulative Redeemable Preferred Stock    
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Redeemable Preferred stock $ 96,256 $ 96,256
[1] Excludes current receivables, net related to real estate held for sale.