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Consolidated Balance Sheets (Unaudited) - KRG Trust - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets:    
Investment properties, at cost $ 7,708,408 $ 7,732,573
Less: accumulated depreciation (1,311,064) (1,161,148)
Net investment properties 6,397,344 6,571,425
Cash and cash equivalents 52,317 115,799
Tenant and other receivables, including accrued straight-line rent of $53,432 and $44,460, respectively 113,069 101,301
Restricted cash and escrow deposits 5,997 6,171
Deferred costs, net 324,649 409,828
Prepaid and other assets 134,615 127,044
Investments in unconsolidated subsidiaries 10,197 10,414
Assets associated with investment property held for sale 14,309 0
Total assets 7,052,497 7,341,982
Liabilities:    
Mortgage and other indebtedness, net 2,868,828 3,010,299
Accounts payable and accrued expenses 198,454 207,792
Deferred revenue and other liabilities 279,960 298,039
Liabilities associated with investment property held for sale 586 0
Total liabilities 3,347,828 3,516,130
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership 67,000 53,967
Equity:    
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,387,345 and 219,185,658 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 2,194 2,192
Additional paid-in capital 4,891,105 4,897,736
Accumulated other comprehensive income 68,195 74,344
Accumulated deficit (1,326,200) (1,207,757)
Total shareholders’ equity/Partners’ equity 3,635,294 3,766,515
Noncontrolling interests 2,375 5,370
Total equity 3,637,669 3,771,885
Total liabilities and equity $ 7,052,497 $ 7,341,982