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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
REAL ESTATE ASSETS:    
Land and improvements (Note 2) $ 562,071 $ 537,574
Buildings and improvements (Note 2) 3,169,224 2,830,310
Undeveloped land and construction in progress (Note 2) 668,058 430,806
Total real estate held for investment 4,399,353 3,798,690
Accumulated depreciation and amortization (725,728) (742,503)
Total real estate assets held for investment, net ($296,656 and $101,352 of VIE, Note 1) 3,673,625 3,056,187
REAL ESTATE ASSETS AND OTHER ASSETS HELD FOR SALE, NET (Note 13) 166,019 84,156
CASH AND CASH EQUIVALENTS 16,113 4,777
RESTRICTED CASH 5,884 358
MARKETABLE SECURITIES (Note 12) 6,812 5,691
CURRENT RECEIVABLES, NET (Note 4) 7,113 8,395
DEFERRED RENT RECEIVABLES, NET (Note 4) 110,128 101,142
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Notes 2 and 3) 187,307 [1] 155,522
DEFERRED FINANCING COSTS, NET 18,442 18,368
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 11) 24,398 12,199
TOTAL ASSETS 4,215,841 3,446,795
LIABILITIES:    
Secured debt (Notes 2, 5 and 12) 520,867 [2] 351,825 [2]
Exchangeable senior notes, net (Notes 5 and 12) 162,885 306,892
Unsecured debt, net (Notes 5 and 12) 1,130,814 980,569
Unsecured line of credit (Notes 5 and 12) 27,000 182,000
Accounts payable, accrued expenses and other liabilities 127,472 81,713
Accrued distributions (Note 17) 28,845 22,692
Deferred revenue and acquisition-related intangible liabilities, net (Notes 2 and 3) 120,407 79,781
Rents received in advance and tenant security deposits 31,728 26,917
Liabilities and deferred revenue of real estate assets held for sale (Note 13) 4,455 13,286
Total liabilities 2,154,473 2,045,675
COMMITMENTS AND CONTINGENCIES (Note 11)      
NONCONTROLLING INTEREST (Note 6):    
7.45% Series A Cumulative Redeemable Preferred units of the Operating Partnership 0 73,638
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Common stock, $.01 par value, 150,000,000 shares authorized, 74,692,939 and 58,819,717 shares issued and outstanding, respectively 747 588
Additional paid-in capital 2,114,774 1,448,997
Distributions in excess of earnings (288,765) (277,450)
Total stockholders' equity 2,019,167 1,293,717
Noncontrolling interest :    
Common units of the Operating Partnership ( Note 6 ) 42,201 33,765
Total equity 2,061,368 1,327,482
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND EQUITY 4,215,841 3,446,795
Series A Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock 0 0
Series E Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock 0 38,425
Series F Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock 0 83,157
Series G Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock 96,155 0
Series H Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock $ 96,256 $ 0
[1] Balances and accumulated amortization amounts at September 30, 2012 reflect the write-off of the following fully amortized amounts at January 1, 2012: deferred leasing costs (approximately $9.5 million), above-market leases (approximately $1.6 million), in-place leases (approximately $3.7 million), and below-market leases (approximately $1.0 million).
[2] Amounts reported include the amounts of unamortized debt premiums and discounts for the periods presented.