Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2013

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of September 30, 2013		As of December 31, 2012
Limited partners' interests in the Operating Partnership	$	971,488	$	983,363
Nonredeemable noncontrolling deficit interests in properties, net		4,186		(877)
Total noncontrolling interests reflected in equity	$	975,674	$	982,486

Schedule of rollforward of noncontrolling interests

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2013		2012		2013		2012
Noncontrolling interests, beginning of period	$	971,498	$	1,185,418	$	982,486	$	894,622
Net income attributable to noncontrolling interests after preferred distributions and income attributable to redeemable noncontrolling interests in consolidated properties		52,339		47,668		157,100		222,986
Distributions to noncontrolling interest holders		(60,197)		(62,149)		(180,104)		(181,354)
Other comprehensive income (loss) allocable to noncontrolling interests:
Unrealized (loss) gain on derivative hedge agreements		(629)		1,327		111		2,333
Net loss reclassified from accumulated other comprehensive loss into earnings		369		517		955		2,233
Currency translation adjustments		4,676		2,716		1,518		(717)
Changes in available-for-sale securities and other		(111)		902		(228)		4,721
		4,305		5,462		2,356		8,570
Adjustment to limited partners' interest from change in ownership in the Operating Partnership		(8,841)		(38,715)		(19,422)		117,584
Units exchanged for common shares		(59)		(129,783)		(6,041)		(133,801)
Units redeemed		—		(38,904)		—		(38,904)
Purchase of noncontrolling interests and other		16,629		10,367		39,299		89,661
Noncontrolling interests, end of period	$	975,674	$	979,364	$	975,674	$	979,364

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 September 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		9,085		786		(1,360)		8,511
Amounts reclassified from accumulated other comprehensive income (loss)		—		5,687		—		5,687
Net current-period other comprehensive income (loss)		9,085		6,473		(1,360)		14,198
Ending balance	$	(17,135)	$	(60,444)	$	877	$	(76,702)

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 September 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
	$	(6,642)	Interest expense
		955	Net income attributable to noncontrolling interests
	$	(5,687)

Schedule of outstanding interest rate derivatives related to interest rate risk

 As of September 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		2	$	492.2 million
Interest Rate Caps		5	$	249.4 million