v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Real estate assets    
Buildings and improvements $ 7,731,936 $ 7,901,652
Land 1,177,340 1,179,463
Furniture and equipment 534,282 539,775
Construction in progress 16,789 12,492
Total real estate assets 9,460,347 9,633,382
Less accumulated depreciation (2,991,978) (2,930,611)
Real estate assets - net 6,468,369 6,702,771
Real estate loans receivable - net 1,366,744 1,380,949
Investments in unconsolidated entities 501,217 414,127
Assets held for sale   4,000
Total real estate investments 8,336,330 8,501,847
Non-real estate loans receivable - net 270,166 330,322
Total investments 8,606,496 8,832,169
Cash and cash equivalents 39,036 27,024
Restricted cash 145,173 27,539
Contractual and other receivables - net 276,092 280,774
Goodwill 644,441 644,626
Other assets 303,523 236,927
Total assets 10,014,761 10,049,059
LIABILITIES AND EQUITY    
Revolving credit facility 6,000 242,000
Senior notes and other unsecured borrowings - net 4,018,608 4,014,011
Accrued expenses and other liabilities 347,860 352,549
Total liabilities 4,372,468 4,608,560
Preferred stock $1.00 par value authorized - 20,000 shares, issued and outstanding - none
Common stock $0.10 par value authorized - 700,000 shares, issued and outstanding - 299,111 shares as of June 30, 2026 and 295,539 shares as of December 31, 2025 29,911 29,553
Additional paid-in capital 8,807,559 8,693,033
Cumulative net earnings 5,190,964 4,677,092
Cumulative dividends paid (8,696,011) (8,297,416)
Accumulated other comprehensive income 58,110 79,037
Total stockholders' equity 5,390,533 5,181,299
Noncontrolling interest 251,760 259,200
Total equity 5,642,293 5,440,499
Total liabilities and equity $ 10,014,761 $ 10,049,059