XML 138 R113.htm IDEA: XBRL DOCUMENT v3.6.0.2
Business Segments - Segment Reporting, Reconciliation of Revenues, Operating Income and Assets (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Segment Reporting Information [Line Items]                        
Total revenues $ 620,115 $ 704,565 $ 602,155 $ 606,300 $ 643,201 $ 580,622 $ 510,404 $ 462,847 $ 2,533,135 $ 2,197,074 $ 1,760,787  
Consolidated net earnings 164,208 $ 232,624 $ 142,348 $ 129,198 105,551 $ 103,392 $ 87,348 $ 83,881 668,378 380,172 319,808  
General and administrative expenses                 222,067 217,227 229,332  
Depreciation and amortization expenses                 930,985 880,373 642,461  
Earnings from unconsolidated entities, net                 206,307 159,262 134,288  
Interest expense                 (303,146) (301,363) (308,885)  
Interest and other income, net                 8,101 25,484 25,768  
Gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest, net                 757,398 758,887 725,790  
Foreign currency and derivative gains (losses), net                 7,582 12,466 (17,841)  
Gains (losses) on early extinguishment of debt, net                 2,484 (86,303) (165,300)  
Earnings before income taxes                 1,347,104 948,605 713,628  
Total assets 30,249,932       31,394,767       30,249,932 31,394,767    
Investments in and advances to unconsolidated entities 4,230,429       4,755,620       4,230,429 4,755,620    
Assets held for sale or contribution 322,139       378,423       322,139 378,423    
Notes receivable backed by real estate 32,100       235,050       32,100 235,050    
Cash and cash equivalents 807,316       264,080       807,316 264,080 350,692 $ 491,129
Other assets 1,496,990       1,514,510       1,496,990 1,514,510    
Operating Segments [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 2,533,135 2,197,074 1,760,787  
Consolidated net earnings                 1,821,430 1,477,772 1,191,601  
Total assets 24,614,975       25,470,558       24,614,975 25,470,558    
Operating Segments [Member] | Real Estate Operations [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 2,238,583 1,986,712 1,540,916  
Consolidated net earnings                 1,655,384 1,375,832 1,087,160  
Total assets 24,547,949       25,399,230       24,547,949 25,399,230    
Operating Segments [Member] | Strategic Capital [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 294,552 210,362 219,871  
Consolidated net earnings                 166,046 101,940 104,441  
Total assets 67,026       71,328       67,026 71,328    
Operating Segments [Member] | U.S. [Member] | Real Estate Operations [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 2,040,308 1,801,858 1,306,194  
Consolidated net earnings                 1,520,571 1,256,188 932,151  
Total assets 21,286,422       22,030,457       21,286,422 22,030,457    
Operating Segments [Member] | U.S. [Member] | Strategic Capital [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 39,360 39,396 84,178  
Consolidated net earnings                 (1,622) (1,925) 38,101  
Total assets 18,090       19,363       18,090 19,363    
Operating Segments [Member] | Other Americas [Member] | Real Estate Operations [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 58,541 57,535 97,370  
Consolidated net earnings                 38,136 38,280 69,120  
Total assets 978,476       919,381       978,476 919,381    
Operating Segments [Member] | Other Americas [Member] | Strategic Capital [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 22,777 22,288 10,990  
Consolidated net earnings                 12,755 13,277 1,911  
Operating Segments [Member] | Europe [Member] | Real Estate Operations [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 76,759 69,527 74,413  
Consolidated net earnings                 55,563 39,672 40,627  
Total assets 1,346,589       1,291,991       1,346,589 1,291,991    
Operating Segments [Member] | Europe [Member] | Strategic Capital [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 185,495 112,793 86,549  
Consolidated net earnings                 142,975 86,264 56,869  
Total assets 47,635       49,960       47,635 49,960    
Operating Segments [Member] | Asia [Member] | Real Estate Operations [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 62,975 57,792 62,939  
Consolidated net earnings                 41,114 41,692 45,262  
Total assets 936,462       1,157,401       936,462 1,157,401    
Operating Segments [Member] | Asia [Member] | Strategic Capital [Member]                        
Segment Reporting Information [Line Items]                        
Total revenues                 46,920 35,885 38,154  
Consolidated net earnings                 11,938 4,324 7,560  
Total assets 1,301       2,005       1,301 2,005    
Reconciling Items [Member]                        
Segment Reporting Information [Line Items]                        
Consolidated net earnings                 668,378 380,172 319,808  
General and administrative expenses                 222,067 217,227 229,332  
Depreciation and amortization expenses                 930,985 880,373 642,461  
Earnings from unconsolidated entities, net                 206,307 159,262 134,288  
Interest expense                 (303,146) (301,363) (308,885)  
Interest and other income, net                 8,101 25,484 25,768  
Gains on dispositions of investments in real estate and revaluation of equity investments upon acquisition of a controlling interest, net                 757,398 758,887 725,790  
Foreign currency and derivative gains (losses), net                 7,582 12,466 (17,841)  
Gains (losses) on early extinguishment of debt, net                 2,484 (86,303) $ (165,300)  
Total assets 5,634,957       5,924,209       5,634,957 5,924,209    
Investments in and advances to unconsolidated entities 4,230,429       4,755,620       4,230,429 4,755,620    
Assets held for sale or contribution 322,139       378,423       322,139 378,423    
Notes receivable backed by real estate 32,100       235,050       32,100 235,050    
Cash and cash equivalents 807,316       264,080       807,316 264,080    
Other assets $ 242,973       $ 291,036       $ 242,973 $ 291,036