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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUE:        
Minimum rent $ 778,159 $ 746,198 $ 1,556,066 $ 1,448,295
Overage rent 40,248 31,427 77,947 59,107
Tenant reimbursements 353,163 330,470 692,132 636,857
Management fees and other revenues 31,814 28,347 61,543 60,634
Other income 33,179 51,624 63,933 102,142
Total revenue 1,236,563 1,188,066 2,451,621 2,307,035
EXPENSES:        
Property operating 117,479 116,018 227,388 220,758
Depreciation and amortization 318,638 311,863 635,272 596,972
Real estate taxes 109,409 106,777 219,114 205,479
Repairs and maintenance 27,107 26,665 56,832 52,307
Advertising and promotion 29,360 28,549 50,619 49,648
(Recovery of) provision for credit losses (1,301) 2,906 1,433 6,451
Home and regional office costs 36,956 35,104 71,850 67,962
General and administrative 15,421 14,733 29,930 28,622
Other 18,604 21,124 36,605 37,788
Total operating expenses 671,673 663,739 1,329,043 1,265,987
OPERATING INCOME 564,890 524,327 1,122,578 1,041,048
Interest expense (279,966) (288,560) (564,991) (546,636)
Income and other taxes (8,983) (3,963) (22,176) (5,968)
Income from unconsolidated entities 56,516 29,132 110,747 59,484
Gain upon acquisition of controlling interests, sale or disposal of assets and interests in unconsolidated entities, and impairment charge on investment in unconsolidated entities, net 68,068   88,835 494,837
CONSOLIDATED NET INCOME 400,525 260,936 734,993 1,042,765
Net income attributable to noncontrolling interests 59,755 44,657 110,250 180,241
Preferred dividends 834 834 1,669 1,669
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 339,936 215,445 623,074 860,855
BASIC EARNINGS PER COMMON SHARE:        
Net income attributable to common stockholders (in dollars per share) $ 1.10 $ 0.71 $ 2.01 $ 2.87
DILUTED EARNINGS PER COMMON SHARE:        
Net income attributable to common stockholders (in dollars per share) $ 1.10 $ 0.71 $ 2.01 $ 2.87
Consolidated Net Income 400,525 260,936 734,993 1,042,765
Unrealized (loss) gain on derivative hedge agreements (1,796) (8,587) 5,275 3,105
Net loss reclassified from accumulated other comprehensive income into earnings 2,566 5,138 4,076 10,252
Currency translation adjustments (22,960) (65,453) (21,912) (21,511)
Changes in available-for-sale securities and other (631) (666) (815) 23,869
Comprehensive income 377,704 191,368 721,617 1,058,480
Comprehensive income attributable to noncontrolling interests 56,526 33,025 108,302 183,350
Comprehensive income attributable to common stockholders $ 321,178 $ 158,343 $ 613,315 $ 875,130