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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net (loss) income $ (32,258) $ 409,596
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 219,522 214,300
Amortization of debt issuance costs and debt discounts and premiums 4,592 4,579
Straight line rental income (3,550) (8,507)
Amortization of acquired real estate leases and other intangible assets (4,922) (4,290)
Loss on early extinguishment of debt 17 22
Impairment of assets 41,518 5,073
Gain on sale of properties (21,893) (261,916)
Gains and losses on equity securities, net 41,476 (85,643)
Other non-cash adjustments (2,828) (2,828)
Equity in earnings of an investee (617) (882)
Change in assets and liabilities:    
Other assets (6,139) (5,243)
Accrued interest 4,126 16,740
Other liabilities (43,374) 5,021
Net cash provided by operating activities 195,670 286,022
Cash flows from investing activities:    
Real estate acquisitions and deposits 0 (129,493)
Real estate improvements (175,146) (65,953)
Proceeds from sale of properties, net 50,355 332,389
Proceeds from sale of RMR Inc. common shares, net 98,557 0
Net cash (used in) provided by investing activities (26,234) 136,943
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes, net 0 491,560
Proceeds from borrowings on revolving credit facility 803,000 617,000
Repayments of borrowings on revolving credit facility (353,000) (1,018,000)
Redemption of senior notes (400,000) 0
Repayment of other debt (45,438) (106,038)
Loss on early extinguishment of debt settled in cash 0 (150)
Payment of debt issuance costs 0 (4,296)
Repurchase of common shares (292) (407)
Distributions to noncontrolling interest (16,294) (15,932)
Distributions to shareholders (164,034) (278,031)
Net cash used in financing activities (176,058) (314,294)
(Decrease) increase in cash and cash equivalents and restricted cash (6,622) 108,671
Cash and cash equivalents and restricted cash at beginning of period 70,071 47,321
Cash and cash equivalents and restricted cash at end of period 63,449 155,992
Supplemental cash flows information:    
Interest paid 129,010 112,462
Income taxes paid 452 439
Non-cash investing activities:    
Acquisitions funded by assumed debt 0 (44,386)
Capitalized interest 888 46
Non-cash financing activities:    
Assumption of mortgage notes payable $ 0 $ 44,386