Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Real estate investments:    
Land and improvements $ 2,666,746 $ 2,614,630
Buildings and improvements 4,651,097 4,579,166
Total real estate investments 7,317,843 7,193,796
Less: accumulated depreciation (779,083) (752,210)
Real estate investments, net 6,538,760 6,441,586
Loans receivable, net 107,403 109,425
Intangible lease assets, net 573,925 590,073
Real estate assets under direct financing leases, net 52,852 56,564
Real estate assets held for sale, net 177,237 119,912
Net investments 7,450,177 7,317,560
Cash and cash equivalents 108,134 176,181
Deferred costs and other assets, net 149,789 183,173
Goodwill 291,421 291,421
Total assets 7,999,521 7,968,335
Liabilities:    
Revolving Credit Facilities, net 181,518 12,780
Mortgages and notes payable, net 3,456,609 3,629,998
Convertible Notes, net 681,109 678,190
Total debt, net 4,319,236 4,320,968
Intangible lease liabilities, net 204,161 205,968
Accounts payable, accrued expenses and other liabilities 122,973 123,298
Total liabilities 4,646,370 4,650,234
Commitments and contingencies (see Note 7)      
Stockholders’ equity:    
Common stock, $0.01 par value; 418,935,311 issued shares and 418,401,109 outstanding shares at March 31, 2015 and 411,824,039 issued shares and 411,350,440 outstanding shares at December 31, 2014 4,189 4,118
Capital in excess of par value 4,443,468 4,361,320
Accumulated deficit (1,087,306) (1,041,392)
Accumulated other comprehensive loss (1,618) (1,083)
Treasury stock, at cost (5,582) (4,862)
Total stockholders’ equity 3,353,151 3,318,101
Total liabilities and stockholders’ equity $ 7,999,521 $ 7,968,335