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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Real estate investments    
Real estate property $ 1,609.0 $ 1,598.9
Accumulated depreciation (227.3) (202.3)
Real estate property, net 1,381.7 1,396.6
Real estate developments 58.1 59.9
Investments in real estate joint ventures and partnerships 6.9 7.5
Real estate intangible assets, net 36.3 43.6
Real estate investments, net 1,483.0 1,507.6
Cash and cash equivalents 13.5 33.3
Restricted cash 0.2 1.0
Accounts receivable, net of allowances (credit losses and doubtful accounts) of $2.9 million and $2.5 million as of December 31, 2023 and 2022, respectively 4.5 6.1
Operating lease right-of-use assets 1.7 5.4
Goodwill 8.7 8.7
Other receivables, net of allowances of $3.5 million and $2.7 million as of December 31, 2023 and 2022, respectively 23.6 6.9
Prepaid expenses and other assets 97.0 91.5
Assets held for sale 14.0 126.8
Total assets 1,646.2 1,787.3
Liabilities:    
Notes payable and other debt 464.0 472.2
Accounts payable 5.8 4.5
Operating lease liabilities 1.1 4.9
Accrued pension and post-retirement benefits 10.0 10.1
Deferred revenue 70.4 68.8
Accrued and other liabilities 91.8 102.1
Liabilities associated with assets held for sale 0.1 81.0
Total liabilities 643.2 743.6
Commitments and Contingencies (Note 10)
Redeemable Noncontrolling Interest (Note 2) 0.0 8.0
Equity:    
Common stock - no par value; authorized, 225.0 million shares; outstanding 72.4 million and 72.5 million shares as of December 31, 2023 and 2022, respectively 1,809.1 1,808.4
Accumulated other comprehensive income (loss) 3.2 1.8
Distributions in excess of accumulated earnings (809.3) (774.5)
Total A&B shareholders' equity 1,003.0 1,035.7
Total liabilities and equity $ 1,646.2 $ 1,787.3