XML 24 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Investments in real estate:    
Investments in real estate, at cost $ 6,615,243 $ 6,462,355
Accumulated depreciation (425,034) (243,475)
Investments in real estate, net 6,190,209 6,218,880
Real estate held for sale 35,777 61,560
Investment in real estate under development 105,518 41,777
Cash and cash equivalents 16,084 35,972
Restricted cash 27,933 29,699
Investments in unconsolidated real estate entities 80,220 24,999
Other assets 34,846 38,052
Derivative assets 41,109 2,488
Intangible assets, net of accumulated amortization of $700 and $4,779, respectively 399 53,269
Total Assets 6,532,095 6,506,696
LIABILITIES AND EQUITY:    
Indebtedness, net 2,631,645 2,705,336
Accounts payable and accrued expenses 109,677 106,332
Accrued interest payable 7,713 7,175
Dividends payable 32,189 16,792
Derivative liabilities 0 11,896
Other liabilities 13,004 17,089
Total Liabilities 2,794,228 2,864,620
Stockholders’ equity:    
Preferred stock, $0.01 par value; 50,000,000 shares authorized, 0 and 0 shares issued and outstanding, respectively 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 224,064,940 and 220,753,735 shares issued and outstanding, including 232,134 and 269,622 unvested restricted common share awards, respectively 2,241 2,208
Additional paid-in capital 3,751,056 3,678,903
Accumulated other comprehensive income (loss) 35,102 (11,940)
Retained earnings (accumulated deficit) (191,735) (188,410)
Total stockholders’ equity 3,596,664 3,480,761
Noncontrolling interests 141,203 161,315
Total Equity 3,737,867 3,642,076
Total Liabilities and Equity $ 6,532,095 $ 6,506,696