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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Real estate assets:    
Land [1] $ 599,283 $ 695,711
Buildings and improvements [1] 1,173,106 5,135,074
Real estate assets [1] 1,772,389 5,830,785
Accumulated depreciation [1] (19,939) (2,241,421)
Real estate investment property, net, before developments in progress [1] 1,752,450 3,589,364
Developments in progress [1] 16,665 28,327
Net investment in real estate assets [1] 1,769,115 3,617,691
Cash and cash equivalents [1] 169,554 61,781
Available-for-sale securities - at fair value (amortized cost of $149,999 and $233,053 as of December 31, 2021 and December 31, 2020, respectively) [1] 149,996 233,071
Receivables:    
Tenant [1] 25,190 103,655
Other [1] 4,409 5,958
Mortgage and other notes receivable [1] 384 2,337
Investments in unconsolidated affiliates [1] 103,655 279,355
In-place leases, net [1] 384,705 5,682
Above market leases, net [1] 234,286 2,021
Intangible lease assets and other assets [1] 104,685 132,189
Total assets [1] 2,945,979 4,443,740
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgage and other indebtedness, net 1,813,209 1,184,831
Below market leases, net 151,871 6,051
Accounts payable and accrued liabilities 184,404 167,336
Total liabilities not subject to compromise [1] 2,544,879 1,358,218
Liabilities subject to compromise   2,551,490
Commitments and contingencies (Note 10 and Note 16)
Redeemable noncontrolling interests   (265)
Shareholders' equity:    
Common stock, value 21 1,966
Additional paid-in capital 547,726 1,986,269
Accumulated other comprehensive income (loss) (3) 18
Retained earnings (dividends in excess of cumulative earnings) (151,545) (1,456,435)
Total shareholders' equity 396,199 531,843
Noncontrolling interests 4,901 2,454
Total equity 401,100 534,297
Total liabilities, redeemable noncontrolling interests and equity 2,945,979 4,443,740
Senior Notes    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021) $ 395,395  
Series D Preferred Stock    
Shareholders' equity:    
Preferred stock outstanding   18
Series E Preferred Stock    
Shareholders' equity:    
Preferred stock outstanding   $ 7
[1] As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12.