CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
REAL ESTATE ASSETS (Notes 2, 3 and 4):
Land and improvements	$ 1,743,170	$ 1,738,242
Buildings and improvements	8,463,674	8,302,081
Undeveloped land and construction in progress	2,034,804	1,691,860
Total real estate assets held for investment	12,241,648	11,732,183
Accumulated depreciation and amortization	(2,518,304)	(2,218,710)
Total real estate assets held for investment, net	9,723,344	9,513,473
CASH AND CASH EQUIVALENTS (Note 23)	510,163	347,379
MARKETABLE SECURITIES (Notes 5, 17 and 20)	284,670	23,547
CURRENT RECEIVABLES, NET (Notes 2 and 6)	13,609	20,583
DEFERRED RENT RECEIVABLES, NET (Notes 2 and 6)	460,979	452,200
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Notes 2, 3 and 7)	229,705	250,846
RIGHT OF USE GROUND LEASE ASSETS (Note 19)	125,506	126,530
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 8)	53,069	62,429
TOTAL ASSETS	11,401,045	10,796,987
LIABILITIES:
Secured debt, net (Notes 9, 10 and 20)	603,225	242,938
Unsecured debt, net (Notes 9, 10 and 20)	4,325,153	4,020,058
Accounts payable, accrued expenses and other liabilities (Note 19)	371,179	392,360
Ground lease liabilities (Note 19)	124,353	124,994
Accrued dividends and distributions (Notes 14 and 26)	64,440	64,285
Deferred revenue and acquisition-related intangible liabilities, net (Notes 2, 3, 7 and 11)	173,638	195,959
Rents received in advance and tenant security deposits	79,364	81,432
Total liabilities	5,741,352	5,122,026
COMMITMENTS AND CONTINGENCIES (Note 19)
Stockholders’ Equity (Note 14):
Common stock, $.01 par value, 280,000,000 shares authorized, 117,239,558 and 116,878,031 shares issued and outstanding, respectively	1,173	1,169
Additional paid-in capital	5,205,839	5,170,760
Retained earnings	221,149	265,118
Total stockholders’ equity	5,428,161	5,437,047
Noncontrolling Interests (Notes 2 and 12):
Common units of the Operating Partnership	53,275	53,524
Noncontrolling interests in consolidated property partnerships	178,257	184,390
Total noncontrolling interests	231,532	237,914
Total equity	5,659,693	5,674,961
TOTAL LIABILITIES AND EQUITY	$ 11,401,045	$ 10,796,987

This element represents (1) costs incurred by the lessor that are (a) costs to originate a lease incurred in transactions with independent third parties that (i) result directly from and are essential to acquire that lease and (ii) would not have been incurred had that leasing transaction not occurred and (b) certain costs directly related to specified activities performed by the lessor for that lease. Those activities are: evaluating the prospective lessee's financial condition; evaluating and recording guarantees, collateral, and other security arrangements; negotiating lease terms; preparing and processing lease documents; and closing the transaction; (2) the identifiable intangible asset established upon acquisition based on a favorable difference between the terms of an acquired lease and the current market terms for that lease at the acquisition date; and (3) the amount of value allocated by a lessor (acquirer) to lease agreements which exist at acquisition of a leased property. This element is net of accumulated amortization.

No definition available.