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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Rental and related revenue $ 205,008 $ 180,009 $ 407,678 $ 370,438
General contractor and service fee revenue 63,607 135,362 132,575 281,909
Revenues, total 268,615 315,371 540,253 652,347
Expenses:        
Rental expenses 34,795 32,712 71,846 73,136
Real estate taxes 28,071 26,147 56,608 53,540
General contractor and other services expenses 57,879 122,969 121,800 258,633
Depreciation and amortization 92,721 83,351 184,084 161,057
Costs and expenses, total 213,466 265,179 434,338 546,366
Other operating activities:        
Equity in earnings of unconsolidated companies 267 1,713 1,776 2,786
Gain on sale of properties 119 492 (158) 68,348
Undeveloped land carrying costs (2,168) (2,453) (4,466) (4,762)
Other operating expenses (196) (26) (461) (111)
General and administrative expenses (11,594) (8,541) (23,433) (19,738)
Other operation transactions, total (13,572) (8,815) (26,742) 46,523
Operating income 41,577 41,377 79,173 152,504
Other income (expenses):        
Interest and other income, net 98 284 244 371
Interest expense (61,220) (53,814) (122,138) (106,461)
Acquisition-related activity (1,029) (594) (1,609) (1,183)
Income (loss) from continuing operations (20,574) (12,747) (44,330) 45,231
Discontinued operations:        
Income (loss) before gain on sales (249) (3,824) (1,079) (8,616)
Gain on sale of depreciable properties 3,095 2,713 9,571 14,316
Income (Loss) from discontinued operations 2,846 (1,111) 8,492 5,700
Net income (loss) (17,728) (13,858) (35,838) 50,931
Dividends on preferred shares (11,082) (15,974) (24,275) (31,948)
Adjustments for redemption/repurchase of preferred shares 0 0 (5,730) (163)
Net (Income) Loss Attributable to Noncontrolling Interests - consolidated entities not wholly owned by the Partnership (138) 84 (306) 206
Net (income) loss attributable to noncontrolling interests 328 790 971 (293)
Net income (loss) attributable to common shareholders (28,482) (29,042) (64,872) 18,527
Net income (loss) attributable to common unitholders (28,948) (29,748) (66,149) 19,026
Basic net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders $ (0.12) $ (0.11) $ (0.28) $ 0.05
Discontinued operations attributable to common shareholders $ 0.01 $ (0.01) $ 0.03 $ 0.02
Total $ (0.11) $ (0.12) $ (0.25) $ 0.07
Diluted net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders $ (0.12) $ (0.11) $ (0.28) $ 0.05
Discontinued operations attributable to common shareholders $ 0.01 $ (0.01) $ 0.03 $ 0.02
Total $ (0.11) $ (0.12) $ (0.25) $ 0.07
Weighted average number of common shares outstanding 266,748 252,640 262,556 252,524
Weighted average number of common shares and potential dilutive securities 266,748 252,640 262,556 259,390
Comprehensive income (loss):        
Net income (loss) (17,728) (13,858) (35,838) 50,931
Other comprehensive income:        
Derivative instrument activity 261 717 780 1,488
Other comprehensive income 261 717 780 1,488
Comprehensive income (loss) (17,467) (13,141) (35,058) 52,419
Subsidiary of Common Parent [Member]
       
Revenues:        
Rental and related revenue 205,008 180,009 407,678 370,438
General contractor and service fee revenue 63,607 135,362 132,575 281,909
Revenues, total 268,615 315,371 540,253 652,347
Expenses:        
Rental expenses 34,795 32,712 71,846 73,136
Real estate taxes 28,071 26,147 56,608 53,540
General contractor and other services expenses 57,879 122,969 121,800 258,633
Depreciation and amortization 92,721 83,351 184,084 161,057
Costs and expenses, total 213,466 265,179 434,338 546,366
Other operating activities:        
Equity in earnings of unconsolidated companies 267 1,713 1,776 2,786
Gain on sale of properties 119 492 (158) 68,348
Undeveloped land carrying costs (2,168) (2,453) (4,466) (4,762)
Other operating expenses (196) (26) (461) (111)
General and administrative expenses (11,594) (8,541) (23,433) (19,738)
Other operation transactions, total (13,572) (8,815) (26,742) 46,523
Operating income 41,577 41,377 79,173 152,504
Other income (expenses):        
Interest and other income, net 98 284 244 371
Interest expense (61,220) (53,814) (122,138) (106,461)
Acquisition-related activity (1,029) (594) (1,609) (1,183)
Income (loss) from continuing operations (20,574) (12,747) (44,330) 45,231
Discontinued operations:        
Income (loss) before gain on sales (249) (3,824) (1,079) (8,616)
Gain on sale of depreciable properties 3,095 2,713 9,571 14,316
Income (Loss) from discontinued operations 2,846 (1,111) 8,492 5,700
Net income (loss) (17,728) (13,858) (35,838) 50,931
Distributions on Preferred Units (11,082) (15,974) (24,275) (31,948)
Adjustments for redemption/repurchase of Preferred Units 0 0 (5,730) (163)
Net (Income) Loss Attributable to Noncontrolling Interests - consolidated entities not wholly owned by the Partnership (138) 84 (306) 206
Net income (loss) attributable to common unitholders (28,948) (29,748) (66,149) 19,026
Basic net income (loss) per common share/unit:        
Continuing operations attributable to common unitholders $ (0.12) $ (0.11) $ (0.28) $ 0.05
Discontinued operations attributable to common unitholders $ 0.01 $ (0.01) $ 0.03 $ 0.02
Total $ (0.11) $ (0.12) $ (0.25) $ 0.07
Diluted net income (loss) per common share/unit:        
Continuing operations attributable to common unitholders $ (0.12) $ (0.11) $ (0.28) $ 0.05
Discontinued operations attributable to common unitholders $ 0.01 $ (0.01) $ 0.03 $ 0.02
Total $ (0.11) $ (0.12) $ (0.25) $ 0.07
Weighted average number of Common Units outstanding 271,317 259,849 267,716 259,322
Weighted average number of Common Units and potential dilutive securities 271,317 259,849 267,716 259,390
Comprehensive income (loss):        
Net income (loss) (17,728) (13,858) (35,838) 50,931
Other comprehensive income:        
Derivative instrument activity 261 717 780 1,488
Other comprehensive income 261 717 780 1,488
Comprehensive income (loss) $ (17,467) $ (13,141) $ (35,058) $ 52,419