Consolidated Balance Sheets - USD ($)
$ in Thousands |
Sep. 30, 2016 |
Dec. 31, 2015 |
| Real estate investments: |
|
|
| Land and improvements |
$ 2,769,045
|
$ 2,710,888
|
| Buildings and improvements |
4,877,955
|
4,816,481
|
| Total real estate investments |
7,647,000
|
7,527,369
|
| Less: accumulated depreciation |
(974,859)
|
(860,954)
|
| Real estate investments, net |
6,672,141
|
6,666,415
|
| Loans receivable, net |
69,218
|
104,003
|
| Intangible lease assets, net |
484,600
|
526,718
|
| Real estate assets under direct financing leases, net |
36,013
|
44,324
|
| Real estate assets held for sale, net |
118,425
|
84,259
|
| Net investments |
7,380,397
|
7,425,719
|
| Cash and cash equivalents |
13,184
|
21,790
|
| Deferred costs and other assets, net |
160,949
|
179,180
|
| Goodwill |
256,470
|
264,350
|
| Total assets |
7,811,000
|
7,891,039
|
| Liabilities: |
|
|
| Revolving Credit Facilities |
105,000
|
0
|
| Term Loan, net |
368,400
|
322,902
|
| Senior Unsecured Notes, net |
295,215
|
0
|
| Mortgages and notes payable, net |
2,241,783
|
3,079,787
|
| Convertible Notes, net |
699,465
|
690,098
|
| Total debt, net |
3,709,863
|
4,092,787
|
| Intangible lease liabilities, net |
186,935
|
193,903
|
| Accounts payable, accrued expenses and other liabilities |
148,267
|
142,475
|
| Total liabilities |
4,045,065
|
4,429,165
|
| Commitments and contingencies |
|
|
| Stockholders’ equity: |
|
|
| Common stock, $0.01 par value, 750,000,000 shares authorized: 483,566,341 and 441,819,964 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively |
4,836
|
4,418
|
| Capital in excess of par value |
5,174,706
|
4,721,323
|
| Accumulated deficit |
(1,413,599)
|
(1,262,839)
|
| Accumulated other comprehensive loss |
(8)
|
(1,028)
|
| Total stockholders’ equity |
3,765,935
|
3,461,874
|
| Total liabilities and stockholders’ equity |
$ 7,811,000
|
$ 7,891,039
|