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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Reconciliation of cash, cash equivalents and restricted cash
The following table provides a reconciliation of the cash and cash equivalents and restricted cash reported in the Company's consolidated balance sheets that total to the same amount as reported in the consolidated statements of cash flows (in thousands):
 
 
June 30, 2018
 
December 31, 2017
 
June 30, 2017
 
December 31, 2016
Cash and cash equivalents
 
$
1,039,591

 
$
657,688

 
$
954,279

 
$
328,744

Restricted cash included in deferred expenses and other assets, net(1)
 
27,399

 
20,045

 
23,380

 
25,883

Total cash, cash equivalents and restricted cash reported in the consolidated statements of cash flows
 
$
1,066,990

 
$
677,733

 
$
977,659

 
$
354,627

_______________________________________________________________________________
(1)
Restricted cash represents amounts required to be maintained under certain of the Company's debt obligations, loans, leasing, land development, sale and derivative transactions.
Schedule of impact of new accounting standard
The adoption of ASU 2017-05 had the following impact on the Company's consolidated financial statements (in thousands):
 
 
 
 
Impact from ASU 2017-05 on January 1, 2018
 
 
 
 
December 31, 2017
 
 
January 1, 2018
Other investments
 
$
321,241

 
$
75,869

 
$
397,110

Total assets
 
4,731,078

 
75,869

 
4,806,947

 
 
 
 
 
 
 
Retained earnings (deficit)
 
$
(2,470,564
)
 
$
75,869

 
$
(2,394,695
)
Total equity
 
914,249

 
75,869

 
990,118