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Consolidated Balance Sheets (Unaudited) - KRG Trust - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets:    
Investment properties, at cost $ 7,607,849 $ 7,740,061
Less: accumulated depreciation (1,516,840) (1,381,770)
Net investment properties 6,091,009 6,358,291
Cash and cash equivalents 117,530 36,413
Tenant and other receivables, including accrued straight-line rent of $65,334 and $55,482, respectively 113,811 113,290
Restricted cash and escrow deposits 5,503 5,017
Deferred costs, net 252,163 304,171
Short-term deposits 350,000 0
Prepaid and other assets 106,258 117,834
Investments in unconsolidated subsidiaries 18,803 9,062
Assets associated with investment property held for sale 74,657 0
Total assets 7,129,734 6,944,078
Liabilities:    
Mortgage and other indebtedness, net 3,239,928 2,829,202
Accounts payable and accrued expenses 188,928 198,079
Deferred revenue and other liabilities 248,852 272,942
Liabilities associated with investment property held for sale 3,757 0
Total liabilities 3,681,465 3,300,223
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership 97,026 73,287
Equity:    
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,666,129 and 219,448,429 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 2,197 2,194
Additional paid-in capital 4,867,235 4,886,592
Accumulated other comprehensive income 37,704 52,435
Accumulated deficit (1,557,767) (1,373,083)
Total shareholders’ equity/Partners’ equity 3,349,369 3,568,138
Noncontrolling interests 1,874 2,430
Total equity 3,351,243 3,570,568
Total liabilities and equity $ 7,129,734 $ 6,944,078