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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Real estate properties:    
Land $ 623,322 $ 652,977
Buildings and improvements 6,049,365 6,165,490
Total real estate properties, gross 6,672,687 6,818,467
Accumulated depreciation (2,110,692) (2,020,843)
Total real estate properties, net 4,561,995 4,797,624
Investments in unconsolidated joint ventures 110,513 129,916
Assets of properties held for sale 81,163 9,447
Cash and cash equivalents 256,527 245,939
Restricted cash 4,873 [1] 1,022
Equity method investment 23,758 0
Acquired real estate leases and other intangible assets, net 27,868 33,948
Other assets, net 218,499 228,240
Total assets 5,285,196 5,446,136
Liabilities and Shareholders' Equity    
Secured debt and finance leases, net 127,836 13,020
Liabilities of properties held for sale 2,617 32
Accrued interest 22,589 22,847
Other liabilities 266,295 269,517
Total liabilities 3,236,792 3,109,245
Commitments and contingencies
Shareholders' equity:    
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 241,281,373 and 240,423,898 shares issued and outstanding, respectively 2,413 2,405
Additional paid in capital 4,619,990 4,618,470
Cumulative net income 1,495,469 1,778,278
Cumulative other comprehensive income 8 0
Cumulative distributions (4,069,476) (4,062,262)
Total shareholders' equity 2,048,404 2,336,891
Total liabilities and shareholders' equity 5,285,196 5,446,136
Secured Debts    
Liabilities and Shareholders' Equity    
Senior notes 801,315 731,211
Unsecured Debt    
Liabilities and Shareholders' Equity    
Senior notes $ 2,016,140 $ 2,072,618
[1] Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties.