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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
REAL ESTATE ASSETS:    
Land and improvements (Note 2) $ 612,843 $ 612,714
Buildings and improvements (Note 2) 3,527,729 3,335,026
Undeveloped land and construction in progress (Note 2) 907,959 809,654
Total real estate held for investment 5,048,531 4,757,394
Accumulated depreciation and amortization (781,580) (756,515)
Total real estate assets held for investment, net ($119,262 and $319,770 of VIE, respectively, Note 1) 4,266,951 4,000,879
REAL ESTATE ASSETS AND OTHER ASSETS HELD FOR SALE, NET (NOTE 12) 239,411 0
CASH AND CASH EQUIVALENTS 197,150 16,700
RESTRICTED CASH (Note 1) 17,931 247,544
MARKETABLE SECURITIES (Note 11) 9,192 [1],[2] 7,435 [1],[2]
CURRENT RECEIVABLES, NET (Note 4) 11,769 [3] 9,220
DEFERRED RENT RECEIVABLES, NET (Note 4) 121,659 [4] 115,418
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Notes 2 and 3) 190,085 189,968
DEFERRED FINANCING COSTS, NET 17,809 18,971
PREPAID EXPENSES AND OTHER ASSETS, NET 17,319 9,949
TOTAL ASSETS 5,089,276 4,616,084
LIABILITIES:    
Secured debt (Notes 2, 5 and 11) 563,898 [5] 561,096 [5]
Exchangeable senior notes, net (Notes 5 and 11) 167,236 163,944
Unsecured debt, net (Notes 5 and 11) 1,431,048 1,130,895
Unsecured line of credit (Notes 5 and 11) 0 185,000
Accounts payable, accrued expenses and other liabilities 210,111 154,734
Accrued distributions (Note 15) 31,479 28,924
Deferred revenue and acquisition-related intangible liabilities, net (Notes 2 and 3) 102,991 117,904
Rents received in advance and tenant security deposits 41,668 37,654
Liabilities and deferred revenue of real estate assets held for sale (Note 12) 16,751 0
Total liabilities 2,565,182 2,380,151
COMMITMENTS AND CONTINGENCIES (Note 10)      
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Common stock, $.01 par value, 150,000,000 shares authorized, 82,113,491 and 74,926,981 shares issued and outstanding, respectively 821 749
Additional paid-in capital 2,476,424 2,126,005
Distributions in excess of earnings (201,048) (129,535)
Total stockholders’ equity 2,468,608 2,189,630
Noncontrolling interest :    
Common units of the Operating Partnership (Note 6) 50,601 46,303
Noncontrolling Interest in consolidated subsidiary (Notes 2 and 6) 4,885 0
Total noncontrolling interests 55,486 46,303
Total equity 2,524,094 2,235,933
TOTAL LIABILITIES AND EQUITY / CAPITAL 5,089,276 4,616,084
Series G Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock 96,155 96,155
Series H Cumulative Redeemable Preferred Stock
   
Preferred stock, $.01 par value, 30,000,000 shares authorized:    
Cumulative Redeemable Preferred stock $ 96,256 $ 96,256
[1] Based on quoted prices in active markets for identical securities.
[2] The marketable securities are held in a limited rabbi trust.
[3] Excludes current receivables, net related to properties held for sale at September 30, 2013.
[4] Excludes deferred rent receivables, net related to properties held for sale at September 30, 2013.
[5] Amounts reported include the amounts of unamortized debt premiums and discounts for the periods presented.