Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2014

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of March 31, 2014		As of December 31, 2013
Limited partners' interests in the Operating Partnership	$	991,294	$	968,962
Nonredeemable noncontrolling (deficit) interests in properties, net		(1,306)		4,264
Total noncontrolling interests reflected in equity	$	989,988	$	973,226

Schedule of rollforward of noncontrolling interests

	For the Three Months Ended March 31,
	2014			2013
Noncontrolling interests, beginning of period	$	973,226		$	982,486
Net income attributable to noncontrolling interests after preferred distributions and income attributable to redeemable noncontrolling interests in consolidated properties		57,650			47,559
Distributions to noncontrolling interest holders		(77,436	)		(59,825	)
Other comprehensive income (loss) allocable to noncontrolling interests:
Unrealized (loss) gain on derivative hedge agreements		(1,236	)		959
Net loss reclassified from accumulated other comprehensive loss into earnings		392			218
Currency translation adjustments		1,932			127
Changes in available-for-sale securities and other		72			(25	)
		1,160			1,279
Adjustment to limited partners' interest from change in ownership in the Operating Partnership		(67,226	)		(2,647	)
Units issued to limited partners		84,910			—
Units exchanged for common shares		(911	)		(2,521	)
Long-term incentive performance units		12,485			11,422
Purchase and disposition of noncontrolling interests, net		6,130			—
Noncontrolling interests, end of period	$	989,988		$	977,753

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

The changes in accumulated other comprehensive income (loss) net of noncontrolling interest by component consisted of the following as of March 31, 2014:

	Currency translation adjustments		Accumulated derivative losses, net		Net unrealized gains on marketable securities		Total
Beginning balance	$	(23,781)	$	(52,985)	$	971	$	(75,795)
Other comprehensive income (loss) before reclassifications		11,801		(6,297)		407		5,911
Amounts reclassified from accumulated other comprehensive income (loss)		—		2,305		—		2,305
Net current-period other comprehensive income (loss)		11,801		(3,992)		407		8,216
Ending balance	$	(11,980)	$	(56,977)	$	1,378	$	(67,579)

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

	March 31, 2014			March 31, 2013
Details about accumulated other comprehensive income (loss) components:	Amount reclassified from accumulated other comprehensive income (loss)			Amount reclassified from accumulated other comprehensive income (loss)			Affected line item in the statement where net income is presented
Accumulated derivative losses, net	$	(2,697	)	$	(1,511	)	Interest expense
		392			218		Net income attributable to noncontrolling interests
	$	(2,305	)	$	(1,293	)

Schedule of outstanding interest rate derivatives related to interest rate risk

As of March 31, 2014, 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	$91.1 million
Interest Rate Caps	5	$247.2 million