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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Investments in real estate:    
Investments in real estate, at cost $ 6,648,907 $ 6,615,243
Accumulated depreciation (475,001) (425,034)
Investments in real estate, net 6,173,906 6,190,209
Real estate held for sale 0 35,777
Investment in real estate under development 124,983 105,518
Cash and cash equivalents 12,448 16,084
Restricted cash 22,385 27,933
Investments in unconsolidated real estate entities 92,882 80,220
Other assets 34,360 34,846
Derivative assets 32,783 41,109
Intangible assets, net of accumulated amortization of $0 and $700, respectively 0 399
Total Assets 6,493,747 6,532,095
LIABILITIES AND EQUITY:    
Indebtedness, net 2,628,632 2,631,645
Accounts payable and accrued expenses 105,873 109,677
Accrued interest payable 7,979 7,713
Dividends payable 32,232 32,189
Derivative liabilities 2,283 0
Other liabilities 11,813 13,004
Total Liabilities 2,788,812 2,794,228
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, 224,556,870 and 224,064,940 shares issued and outstanding, including 274,259 and 232,134 unvested restricted common share awards, respectively 2,246 2,241
Additional paid-in capital 3,753,074 3,751,056
Accumulated other comprehensive income 25,101 35,102
Accumulated deficit (214,775) (191,735)
Total stockholders’ equity 3,565,646 3,596,664
Noncontrolling interests 139,289 141,203
Total Equity 3,704,935 3,737,867
Total Liabilities and Equity $ 6,493,747 $ 6,532,095