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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 292,414 $ 151,803 $ 141,295
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 286,235 276,861 287,831
Net amortization of debt discounts, premiums and deferred financing fees 6,221 5,282 5,729
Straight line rental income (10,227) (13,958) (17,604)
Amortization of acquired real estate leases and other intangible assets (5,787) (5,349) (4,941)
Loss on early extinguishment of debt 22 7,627 526
Impairment of assets 66,346 5,082 18,674
Other non-cash adjustments (3,772) (3,772) (3,772)
Gain on sale of properties (261,916) (46,055) (4,061)
Unrealized losses on equity securities 20,724 0 0
Equity in earnings of an investee (516) (608) (137)
Change in assets and liabilities:      
Other assets (3,586) (5,197) (1,548)
Accrued interest 8,195 (484) 1,497
Other liabilities (1,513) 48,072 992
Net cash provided by operating activities 392,840 419,304 424,481
CASH FLOWS FROM INVESTING ACTIVITIES:      
Real estate acquisitions and deposits (129,494) (159,290) (227,072)
Real estate improvements (103,804) (117,213) (99,663)
Proceeds from sale of properties 332,389 55,068 33,866
Net cash provided by (used in) investing activities 99,091 (221,435) (292,869)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of senior unsecured notes, net 491,560 0 250,000
Proceeds from borrowings on revolving credit facility 727,000 764,000 662,000
Proceeds from issuance of secured debt 0 0 620,000
Repayments of borrowings on revolving credit facility (1,184,000) (495,000) (1,110,000)
Repayment of other debt (107,116) (313,964) (178,418)
Loss on early extinguishment of debt settled in cash (150) (5,485) (470)
Payment of debt issuance costs (4,296) (6,845) (12,016)
Repurchase of common shares (411) (341) (452)
Proceeds from noncontrolling interest, net 0 255,931 0
Distributions to noncontrolling interest (21,022) (13,814) 0
Distributions to shareholders (370,746) (370,608) (370,489)
Net cash used in financing activities (469,181) (186,126) (139,845)
Increase (decrease) in cash and cash equivalents and restricted cash 22,750 11,743 (8,233)
Cash and cash equivalents and restricted cash at beginning of period 47,321 35,578 43,811
Cash and cash equivalents and restricted cash at end of period 70,071 47,321 35,578
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest paid 164,996 160,221 160,348
Income taxes paid 474 441 435
NON-CASH INVESTING ACTIVITIES:      
Acquisitions funded by assumed debt (44,386) 0 0
NON-CASH FINANCING ACTIVITIES:      
Assumption of mortgage notes payable $ 44,386 $ 0 $ 0