Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2013

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of June 30, 2013		As of December 31, 2012
Limited partners' interests in the Operating Partnership	$	972,527	$	983,363
Nonredeemable noncontrolling deficit interests in properties, net		(1,029)		(877)
Total noncontrolling interests reflected in equity	$	971,498	$	982,486

Schedule of rollforward of noncontrolling interests

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2013		2012		2013		2012
Noncontrolling interests, beginning of period	$	977,753	$	1,215,628	$	982,486	$	894,622
Net Income attributable to noncontrolling interests after preferred distributions and income attributable to redeemable noncontrolling interests in consolidated properties		57,202		42,308		104,761		175,318
Distributions to noncontrolling interest holders		(60,082)		(61,107)		(119,907)		(119,205)
Other comprehensive income (loss) allocable to noncontrolling interests:
Unrealized (loss) gain on derivative hedge agreements		(219)		(1,395)		740		1,006
Net loss reclassified from accumulated other comprehensive loss into earnings		368		858		586		1,716
Currency translation adjustments		(3,285)		(10,957)		(3,158)		(3,433)
Changes in available-for-sale securities and other		(92)		(138)		(117)		3,819
		(3,228)		(11,632)		(1,949)		3,108
Adjustment to limited partners' interest from change in ownership in the Operating Partnership		(7,934)		(7,547)		(10,581)		156,299
Units exchanged for common shares		(3,461)		(2,600)		(5,982)		(4,018)
Purchase of noncontrolling interests and other		11,248		10,368		22,670		79,294
Noncontrolling interests, end of period	$	971,498	$	1,185,418	$	971,498	$	1,185,418

Schedule of changes in accumulated other comprehensive income (loss) net of noncontrolling interest by component

The changes in accumulated other comprehensive income (loss) net of noncontrolling interest by component consisted of the following as of June 30, 2013:

	Currency translation adjustments		Accumulated derivative losses, net		Net unrealized gains on marketable securities		Total
Beginning balance	$	(26,220)	$	(66,917)	$	2,237	$	(90,900)
Other comprehensive income (loss) before reclassifications		(18,754)		4,535		(698)		(14,917)
Amounts reclassified from accumulated other comprehensive income (loss)		—		3,490		—		3,490
Net current-period other comprehensive income (loss)		(18,754)		8,025		(698)		(11,427)
Ending balance	$	(44,974)	$	(58,892)	$	1,539	$	(102,327)

Schedule of reclassifications out of accumulated other comprehensive income (loss)

The reclassifications out of accumulated other comprehensive income (loss) consisted of the following as of June 30, 2013:

Details about accumulated other comprehensive income (loss) components:	Amount reclassified from accumulated other comprehensive income (loss)		Affected line item in the statement where net income is presented
Accumulated derivative losses, net
	$	(4,076)	Interest expense
		586	Net income attributable to noncontrolling interests
	$	(3,490)

Schedule of outstanding interest rate derivatives related to interest rate risk

 As of June 30, 2013, we had the following outstanding interest rate derivatives related to managing our interest rate risk:

Interest Rate Derivative	Number of Instruments		Notional Amount
Interest Rate Swaps		1	$92.7 million
Interest Rate Caps		6	$440.4 million