XML 21 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 461,912 $ 921,822
Restricted cash 366,758 471,078
Real estate, net 13,619,014 14,464,258
Loans receivable, net ($0 and $45,423 at fair value, respectively) 1,659,217 3,223,762
Equity investments ($142,130 and $363,901 at fair value, respectively) 2,446,336 1,690,839
Debt securities, at fair value 96,833 348,342
Goodwill 1,534,561 1,534,561
Deferred leasing costs and intangible assets, net 540,264 852,872
Assets held for sale ($269,145 and $49,498 at fair value, respectively) 941,258 781,630
Other assets ($33,558 and $10,152 at fair value, respectively) 503,317 444,968
Due from affiliates 45,779 51,518
Total assets 22,215,249 24,785,650
Liabilities    
Debt, net ($0 and $44,542 at fair value, respectively) 10,039,957 10,827,810
Accrued and other liabilities ($141,711 and $212,267 at fair value, respectively) 707,921 898,161
Intangible liabilities, net 159,386 191,109
Liabilities related to assets held for sale 68,217 273,298
Due to affiliates ($0 and $20,650 at fair value, respectively) 0 23,534
Dividends and distributions payable 84,013 188,202
Total liabilities 11,059,494 12,402,114
Commitments and contingencies (Note 24)
Redeemable noncontrolling interests 9,385 34,144
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; $1,436,605 and $1,636,605 liquidation preference, respectively; 250,000 shares authorized; 57,464 and 65,464 shares issued and outstanding, respectively 1,407,495 1,606,966
Additional paid-in capital 7,598,019 7,913,622
Distributions in excess of earnings (2,018,302) (1,165,412)
Accumulated other comprehensive income 13,999 47,316
Total stockholders’ equity 7,006,052 8,407,925
Noncontrolling interests in investment entities 3,779,728 3,539,072
Noncontrolling interests in Operating Company 360,590 402,395
Total equity 11,146,370 12,349,392
Total liabilities, redeemable noncontrolling interests and equity 22,215,249 24,785,650
Class A, 949,000 shares authorized; 483,347 and 542,599 shares issued and outstanding, respectively    
Stockholders’ equity:    
Common stock, $0.01 par value per share 4,834 5,426
Class B, 1,000 shares authorized; 734 and 736 shares issued and outstanding, respectively    
Stockholders’ equity:    
Common stock, $0.01 par value per share $ 7 $ 7