Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of March 31, 2015			As of December 31, 2014
Limited partners' interests in the Operating Partnership	$	829,346		$	858,557
Nonredeemable noncontrolling deficit interests in properties, net		(728	)		(229	)
Total noncontrolling interests reflected in equity	$	828,618		$	858,328

Schedule of rollforward of noncontrolling interests

	For the Three Months Ended March 31,
	2015			2014
Noncontrolling interests, beginning of period	$	858,328		$	973,226
Net income attributable to noncontrolling interests after preferred distributions and income attributable to redeemable noncontrolling interests in consolidated properties		62,021			57,650
Distributions to noncontrolling interest holders		(74,910	)		(77,436	)
Other comprehensive income (loss) allocable to noncontrolling interests:
Unrealized gain (loss) on derivative hedge agreements		1,481			(1,236	)
Net loss reclassified from accumulated other comprehensive loss into earnings		381			392
Currency translation adjustments		(17,998	)		1,932
Changes in available-for-sale securities and other		777			72
		(15,359	)		1,160
Adjustment to limited partners' interest from change in ownership in the Operating Partnership		(5,624	)		(67,226	)
Units issued to limited partners		—			84,910
Units exchanged for common shares		(7,849	)		(911	)
Long-term incentive performance units		11,828			12,485
Purchase and disposition of noncontrolling interests, net, and other		183			6,130
Noncontrolling interests, end of period	$	828,618		$	989,988

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, 2015:

	Currency translation adjustments			Accumulated derivative losses, net			Net unrealized gains (losses) on marketable securities		Total
Beginning balance	$	(110,722	)	$	(39,161	)	$	88,842	$	(61,041	)
Other comprehensive loss before reclassifications		(106,514	)		8,618			4,860		(93,036	)
Amounts reclassified from accumulated other comprehensive income (loss)		—			2,246			—		2,246
Net current-period other comprehensive income (loss)		(106,514	)		10,864			4,860		(90,790	)
Ending balance	$	(217,236	)	$	(28,297	)	$	93,702	$	(151,831	)

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

	March 31, 2015
				March 31, 2014
	Amount reclassified from accumulated other comprehensive income (loss)
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	$	(2,627	)	$	(2,697	)	Interest expense
		381			392		Net income attributable to noncontrolling interests
	$	(2,246	)	$	(2,305	)

Schedule of outstanding interest rate derivatives related to interest rate risk

            As of both March 31, 2015 and December 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	2	$375.0 million

Summarized financial information for discontinued operations

	For the Three Months Ended March 31, 2014
TOTAL REVENUE	$	157,969
Property Operating		26,140
Depreciation and amortization		45,968
Real estate taxes		19,948
Repairs and maintenance		7,150
Advertising and promotion		1,952
Provision for credit losses		786
Other		1,118
Total operating expenses		103,062
OPERATING INCOME		54,907
Interest expense		(13,917	)
Income and other taxes		(75	)
Income from unconsolidated entities		345
Gain upon acquisition of controlling interests and sale or disposal of assets and interest in unconsolidated entities, net		242
CONSOLIDATED NET INCOME		41,502
Net income attributable to noncontrolling interests		5,989
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$	35,513