Attached files
| file | filename |
|---|---|
| 8-K/A - 8-K/A - REGENCY CENTERS CORP | a8-ka022618.htm |
EXHIBIT 99.1
Consolidated Balance Sheets
December 31, 2017 and December 31, 2016
(in thousands)
2017 | 2016 | ||||||
(unaudited) | |||||||
Assets | |||||||
Real estate investments at cost: | |||||||
Land, building and improvements | $ | 10,578,430 | $ | 4,752,621 | |||
Properties in development | 314,391 | 180,878 | |||||
10,892,821 | 4,933,499 | ||||||
Less: accumulated depreciation | 1,339,771 | 1,124,391 | |||||
9,553,050 | 3,809,108 | ||||||
Investments in real estate partnerships | 386,304 | 296,699 | |||||
Net real estate investments | 9,939,354 | 4,105,807 | |||||
Cash and cash equivalents | 49,381 | 17,879 | |||||
Accounts receivable, net | 66,586 | 31,418 | |||||
Straight line rent receivables, net | 88,596 | 69,823 | |||||
Notes receivable | 15,803 | 10,481 | |||||
Deferred leasing costs, net | 80,044 | 69,000 | |||||
Acquired lease intangible assets, net | 478,826 | 118,831 | |||||
Trading securities held in trust, at fair value | 31,655 | 28,588 | |||||
Goodwill | 331,884 | — | |||||
Other assets | 63,588 | 37,079 | |||||
Total assets | $ | 11,145,717 | $ | 4,488,906 | |||
Liabilities and Equity | |||||||
Liabilities: | |||||||
Notes payable | $ | 2,971,715 | $ | 1,363,925 | |||
Unsecured credit facilities | 623,262 | 278,495 | |||||
Total notes payable | 3,594,977 | 1,642,420 | |||||
Accounts payable and other liabilities | 234,272 | 138,936 | |||||
Acquired lease intangible liabilities, net | 537,401 | 54,180 | |||||
Tenants' security and escrow deposits | 46,013 | 28,868 | |||||
Total liabilities | 4,412,663 | 1,864,404 | |||||
Equity: | |||||||
Stockholders' Equity: | |||||||
Preferred stock | — | 325,000 | |||||
Common stock, $.01 par | 1,714 | 1,045 | |||||
Additional paid in capital | 7,854,797 | 3,277,861 | |||||
Accumulated other comprehensive loss | (6,289 | ) | (18,346 | ) | |||
Distributions in excess of net income | (1,158,170 | ) | (994,259 | ) | |||
Total stockholders' equity | 6,692,052 | 2,591,301 | |||||
Noncontrolling Interests: | |||||||
Exchangeable operating partnership units | 10,907 | (1,967 | ) | ||||
Limited partners' interest | 30,095 | 35,168 | |||||
Total noncontrolling interests | 41,002 | 33,201 | |||||
Total equity | 6,733,054 | 2,624,502 | |||||
Total liabilities and equity | $ | 11,145,717 | $ | 4,488,906 | |||
These consolidated balance sheets should be read in conjunction with the Company's most recent Form 10-Q and Form 10-K filed with the Securities and Exchange Commission. | |||||||
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