Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2011

Details of carrying amount of noncontrolling interests

Details of the carrying amount of our noncontrolling interests are as follows:

	As of June 30, 2011			As of December 31, 2010

Limited partners' interests in the Operating Partnership	$	970,796		$	983,887
Nonredeemable noncontrolling deficit interests in properties, net		(196,902	)		(180,915	)

Total noncontrolling interests reflected in equity	$	773,894		$	802,972

Rollforward of noncontrolling interests

		For the Three Months Ended June 30,						For the Six Months Ended June 30,

		*2011*			*2010*			*2011*			*2010*
Noncontrolling interests, beginning of period		$	771,152		$	705,107		$	802,972		$	724,825
Net income attributable to noncontrolling interests after preferred distributions			44,088			33,173			83,029			37,726
Distributions to noncontrolling interest holders			(49,993	)		(39,459	)		(120,386	)		(80,474	)
Other comprehensive income (loss) allocable to noncontrolling interests:
	Unrealized (loss) gain on derivative hedge agreements		(1,294	)		1,284			(3,194	)		1,198
	Net loss on derivative instruments reclassified from accumulated comprehensive income into interest expense		647			657			1,318			1,302
	Currency translation adjustments		1,489			(2,431	)		5,228			(3,836	)
	Changes in available-for-sale securities and other		4,334			(7,842	)		4,677			(11,885	)

			5,176			(8,332	)		8,029			(13,221	)

Adjustment to limited partners' interest from (decreased) increased ownership in the Operating Partnership			(947	)		(9,263	)		(6,585	)		11,343
Units issued to limited partners			—			54,557			202			57,852
Units exchanged for common shares			(3,712	)		(300	)		(5,923	)		(2,568	)
Other			8,130			601			12,556			601

Noncontrolling interests, end of period		$	773,894		$	736,084		$	773,894		$	736,084

Outstanding interest rate derivatives related to interest rate risk:

*Interest Rate Derivative*	Number of Instruments	*Notional Amount*

Interest Rate Swaps	9	$1.5 billion
Interest Rate Caps	3	$383.2 million

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

+ References+ Details

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

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+ Details