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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real estate properties:    
Land $ 641,481 $ 652,977
Buildings and improvements 6,129,767 6,165,490
Total real estate properties, gross 6,771,248 6,818,467
Accumulated depreciation (2,062,327) (2,020,843)
Total real estate properties, net 4,708,921 4,797,624
Investments in unconsolidated joint ventures 130,299 129,916
Assets of properties held for sale 38,107 9,447
Cash and cash equivalents 207,123 245,939
Restricted cash 1,040 [1] 1,022
Equity method investment 15,740 0
Acquired real estate leases and other intangible assets, net 31,723 33,948
Other assets, net 215,084 228,240
Total assets 5,348,037 5,446,136
Liabilities and Shareholders' Equity    
Secured debt and finance leases, net 12,197 13,020
Liabilities of properties held for sale 218 32
Accrued interest 23,751 22,847
Other liabilities 237,521 269,517
Total liabilities 3,099,334 3,109,245
Commitments and contingencies
Shareholders' equity:    
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 240,393,722 and 240,423,898 shares issued and outstanding, respectively 2,404 2,405
Additional paid in capital 4,618,950 4,618,470
Cumulative net income 1,692,019 1,778,278
Cumulative other comprehensive loss (4) 0
Cumulative distributions (4,064,666) (4,062,262)
Total shareholders' equity 2,248,703 2,336,891
Total liabilities and shareholders' equity 5,348,037 5,446,136
Secured Debts    
Liabilities and Shareholders' Equity    
Senior notes 751,890 731,211
Unsecured Debt    
Liabilities and Shareholders' Equity    
Senior notes $ 2,073,757 $ 2,072,618
[1] Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties.