v3.24.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Investments in real estate:    
Land, buildings and improvements — net lease and other $ 12,341,979 $ 12,095,458
Land, buildings and improvements — operating properties 1,238,340 1,256,249
Net investments in finance leases and loans receivable 667,667 1,514,923
In-place lease intangible assets and other 2,256,793 2,308,853
Above-market rent intangible assets 676,666 706,773
Investments in real estate 17,181,445 17,882,256
Accumulated depreciation and amortization (3,096,516) (3,005,479)
Assets held for sale, net 7,743 37,122
Net investments in real estate 14,092,672 14,913,899
Equity method investments 356,220 354,261
Cash and cash equivalents 1,085,967 633,860
Other assets, net 1,261,222 1,096,474
Goodwill 973,204 978,289
Total assets [1] 17,769,285 17,976,783
Debt:    
Senior unsecured notes, net 6,519,887 6,035,686
Unsecured term loans, net 1,100,356 1,125,564
Unsecured revolving credit facility 15,005 403,785
Non-recourse mortgages, net 467,200 579,147
Debt, net 8,102,448 8,144,182
Accounts payable, accrued expenses and other liabilities 548,397 615,750
Below-market rent intangible liabilities, net 128,710 136,872
Deferred income taxes 155,716 180,650
Dividends payable 194,515 192,332
Total liabilities [1] 9,129,786 9,269,786
Commitments and contingencies (Note 11)
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued 0 0
Common stock, $0.001 par value, $450,000,000 shares authorized; $218,831,869 and $218,671,874 shares, respectively, issued and outstanding 219 219
Additional paid-in capital 11,782,157 11,784,461
Distributions in excess of accumulated earnings (2,975,236) (2,891,424)
Deferred compensation obligation 78,379 62,046
Accumulated other comprehensive loss (252,640) (254,867)
Total stockholders’ equity 8,632,879 8,700,435
Noncontrolling interests 6,620 6,562
Total equity 8,639,499 8,706,997
Total liabilities and equity $ 17,769,285 $ 17,976,783
[1] See Note 2 for details related to variable interest entities (“VIEs”).