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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Investment properties    
Land $ 576,356 $ 572,353
Building and other improvements 1,634,969 1,628,486
Construction in progress 3,561 4,052
Total 2,214,886 2,204,891
Less accumulated depreciation (279,663) (246,702)
Net investment properties 1,935,223 1,958,189
Cash and cash equivalents 325,989 255,069
Restricted cash 1,256 5,679
Intangible assets, net 99,120 116,360
Accounts and rents receivable, net 28,623 30,194
Deferred costs and other assets, net 21,698 22,836
Total assets 2,528,615 2,507,188
Liabilities    
Debt, net 655,213 572,850
Accounts payable and accrued expenses 36,620 29,804
Distributions payable 13,642 13,252
Intangible liabilities, net 36,865 42,642
Other liabilities 36,847 29,039
Total liabilities 779,187 687,587
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding 0 0
Common stock, $0.001 par value, 1,460,000,000 shares authorized, 718,934,723 shares issued and outstanding as of September 30, 2020 and 720,807,884 shares issued and outstanding as of December 31, 2019. 719 721
Additional paid-in capital 5,565,773 5,568,707
Distributions in excess of accumulated net income (3,803,266) (3,750,884)
Accumulated comprehensive (loss) income (13,798) 1,057
Total stockholders' equity 1,749,428 1,819,601
Total liabilities and stockholders' equity $ 2,528,615 $ 2,507,188
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001
Preferred stock, shares authorized (in shares) 40,000,000 40,000,000
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 1,460,000,000 1,460,000,000
Common stock, shares issued (in shares) 718,934,723 720,807,884
Common stock, shares outstanding (in shares) 718,934,723 720,807,884