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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Schedule of Useful Lives for Finite Lived Assets

Depreciation—Real estate held for investment, other than land, are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows:

Real Estate Assets		Term
Building (fee interest)		5 to 51 years
Building leasehold interests		Lesser of remaining term of the lease or remaining life of the building
Building improvements		Lesser of useful life or remaining life of the building
Land improvements		6 to 20 years
Tenant improvements		Lesser of useful life or remaining term of the lease
Furniture, fixtures and equipment		3 to 20 years

The Company's real estate held for investment was as follows:

(In thousands)		December 31, 2018				December 31, 2017
Land		$	1,950,412			$	2,011,794
Buildings and improvements		11,895,642				12,403,794
Tenant improvements		163,397				134,709
Furniture, fixtures and equipment		389,969				383,855
Construction in progress		155,511				108,403
		14,554,931				15,042,555
Less: Accumulated depreciation		(935,917		)		(578,297		)
Real estate assets, net		$	13,619,014			$	14,464,258

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The retrospective application of this new standard resulted in changes to the previously reported statements of cash flows as follows:

		Year Ended December 31, 2017								Year Ended December 31, 2016
(In thousands)		As Previously Reported				After Adoption of ASU 2016-18				As Previously Reported				After Adoption of ASU 2016-18
Net cash provided by operating activities		$	549,617			$	582,546			$	408,361			$	405,172
Net cash provided by investing activities		1,331,542				1,666,387				251,812				215,457
Net cash used in financing activities		(1,346,505		)		(1,364,381		)		(465,957		)		(491,251		)

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Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

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Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

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