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Chapter 11 Cases and Ability to Continue as a Going Concern - Summary of Condensed Combined Financial Statement Information Debtors (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2021 | Sep. 30, 2021 | Dec. 31, 2020
ASSETS: |  |  |
Investment in real estate assets | $ 3,917,871 | $ 3,917,871 | $ 4,056,257
Accumulated depreciation | (1,576,277) | (1,576,277) | (1,544,800)
Investment in real estate assets, net | 2,341,594 | 2,341,594 | 2,511,457
Held for sale | 6,239 | 6,239 |
Developments in progress | 14,450 | 14,450 | 27,853
Net investment in real estate assets | 2,362,283 | 2,362,283 | 2,539,310
Available-for-sale securities - at fair value (amortized cost of $99,991 and $233,053 as of September 30, 2021 and December 31, 2020, respectively) | 99,998 | 99,998 | 233,071
Cash and cash equivalents | 255,280 | 255,280 | 46,346
Restricted cash | 118,800 | 118,800 | 29,834
Intercompany due from non-debtor entities | 76,499 | 76,499 | 76,095
Intangible lease assets and other assets | 129,250 | 129,250 | 140,241
Total assets | 3,042,110 | 3,042,110 | 3,064,897
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY: |  |  |
Other liabilities | 109,415 | 109,415 | 102,910
Intercompany due to non-debtor entities | 6,205 | 6,205 | 5,062
Total liabilities not subject to compromise | 115,620 | 115,620 | 107,972
Liabilities subject to compromise | 2,551,686 | 2,551,686 | 2,551,490
Shareholders' equity and noncontrolling interests of the Debtors | 374,804 | 374,804 | 405,435
Total liabilities and equity | 3,042,110 | 3,042,110 | 3,064,897
Available-for-sale securities, amortized cost | 99,990 | 99,990 | 233,053
Total revenues | 99,795 | 277,877 |
Depreciation and amortization | (33,046) | (101,175) |
Loss on impairment | (25,169) | (82,351) |
Expenses | (45,720) | (132,152) |
Interest and other income | 1,258 | 4,507 |
Interest expense (unrecognized contractual interest expense was $45,344 and $135,162 for the three and nine months ended September 30, 2021, respectively) | (25) | (1,062) |
Reorganization items | (12,017) | (52,014) |
Gain on sales of real estate assets | 8,684 | 8,492 |
Income tax benefit (provision) | 1,234 | (222) |
Net loss | (5,006) | (78,100) |
Unrecognized contractual interest expense | 45,344 | 135,162 |
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |
Net loss |  | (78,100) |
Adjustments to reconcile net loss to net cash provided by operating activities: |  |  |
Loss on impairment |  | 82,351 |
Other assets and liabilities, net |  | 113,974 |
Net cash provided by operating activities |  | 118,225 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |
Purchases of available-for-sale securities |  | (553,810) |
Redemptions of available-for-sale securities |  | 685,809 |
Changes in other assets |  | 207 |
Net cash provided by investing activities |  | 132,206 |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |
Net distributions from non-Debtor subsidiaries |  | 47,480 |
Other financing activities |  | 67 |
Net cash provided by financing activities |  | 47,547 |
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH |  | 297,978 |
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period |  | 76,180 |
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period | 374,158 | 374,158 |
Reconciliation from condensed combined statement of cash flows to condensed combined balance sheet: |  |  |
Cash and cash equivalents | 255,280 | 255,280 | 46,346
Restricted cash | 118,800 | 118,800 | $ 29,834
Cash included in assets held for sale | 78 | 78 |
SUPPLEMENTAL INFORMATION |  |  |
Cash paid for reorganization items | $ 51,488 | $ 51,488 |

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