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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUE:      
Minimum rent $ 3,201,958 $ 3,015,866 $ 2,664,724
Overage rent 223,473 195,726 140,842
Tenant reimbursements 1,442,907 1,340,307 1,177,269
Management fees and other revenues 126,972 128,366 128,010
Other income 174,828 199,819 195,587
Total revenue 5,170,138 4,880,084 4,306,432
EXPENSES:      
Property operating 475,133 469,755 436,571
Depreciation and amortization 1,290,528 1,257,569 1,065,946
Real estate taxes 444,899 419,267 369,755
Repairs and maintenance 120,803 116,168 113,496
Advertising and promotion 126,210 118,790 107,002
Provision for credit losses 7,737 12,809 6,505
Home and regional office costs 140,931 123,926 128,618
General and administrative 59,803 57,144 46,319
Marketable and non-marketable securities charges and realized gains, net   (6,426)  
Other 88,405 90,482 89,066
Total operating expenses 2,754,449 2,659,484 2,363,278
OPERATING INCOME 2,415,689 2,220,600 1,943,154
Interest expense (1,137,139) (1,127,025) (983,526)
Income and other taxes (39,734) (15,880) (11,595)
Income from unconsolidated entities 205,259 131,907 81,238
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 107,515 510,030 216,629
CONSOLIDATED NET INCOME 1,551,590 1,719,632 1,245,900
Net income attributable to noncontrolling interests 231,949 285,136 221,101
Preferred dividends 3,337 3,337 3,337
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 1,316,304 1,431,159 1,021,462
BASIC EARNINGS PER COMMON SHARE:      
Net income attributable to common stockholders (in dollars per share) $ 4.24 $ 4.72 $ 3.48
DILUTED EARNINGS PER COMMON SHARE:      
Net income attributable to common stockholders (in dollars per share) $ 4.24 $ 4.72 $ 3.48
Consolidated Net Income 1,551,590 1,719,632 1,245,900
Unrealized gain (loss) on derivative hedge agreements 7,101 16,652 (91,933)
Net loss reclassified from accumulated other comprehensive income into earnings 9,205 21,042 16,169
Currency translation adjustments 2,865 9,200 (8,462)
Changes in available-for-sale securities and other (1,479) (39,248) (37,431)
Comprehensive income 1,569,282 1,727,278 1,124,243
Comprehensive income attributable to noncontrolling interests 234,536 289,419 200,236
Comprehensive income attributable to common stockholders $ 1,334,746 $ 1,437,859 $ 924,007