Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2015

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of June 30, 2015			As of December 31, 2014
Limited partners' interests in the Operating Partnership	$	736,679		$	858,557
Nonredeemable noncontrolling deficit interests in properties, net		(411	)		(229	)
Total noncontrolling interests reflected in equity	$	736,268		$	858,328

Schedule of rollforward of noncontrolling interests

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
Noncontrolling interests, beginning of period	$	828,618		$	989,988		$	858,328		$	973,226
Net income attributable to noncontrolling interests after preferred distributions and income attributable to redeemable noncontrolling interests in consolidated properties		80,269			70,060			142,290			127,710
Distributions to noncontrolling interest holders		(78,488	)		(74,029	)		(153,398	)		(151,465	)
Other comprehensive income (loss) allocable to noncontrolling interests:
Unrealized gain (loss) on derivative hedge agreements		1,380			(17	)		2,861			(1,253	)
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings		(11,126	)		376			(10,745	)		768
Currency translation adjustments		(1,667	)		586			(19,665	)		2,518
Changes in available-for-sale securities and other		(4,141	)		30			(3,364	)		102
		(15,554	)		975			(30,913	)		2,135
Adjustment to limited partners' interest from change in ownership in the Operating Partnership		(75,905	)		(121,454	)		(81,529	)		(188,680	)
Units issued to limited partners		—			—			—			84,910
Units exchanged for common shares		(56	)		(279	)		(7,905	)		(1,190	)
Units redeemed		(14,843	)		—			(14,843	)		—
Long-term incentive performance units		11,812			12,484			23,640			24,969
Purchase and disposition of noncontrolling interests, net, and other		415			4,599			598			10,729
Noncontrolling interests, end of period	$	736,268		$	882,344		$	736,268		$	882,344

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 June 30, 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		(119,129	)		16,479			(18,720	)		(121,370	)
Amounts reclassified from accumulated other comprehensive income (loss)		—			4,521			(68,685	)		(64,164	)
Net current-period other comprehensive income (loss)		(119,129	)		21,000			(87,405	)		(185,534	)
Ending balance	$	(229,851	)	$	(18,161	)	$	1,437		$	(246,575	)

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

	June 30, 2015			June 30, 2014
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	$	(5,278	)	$	(5,274	)	Interest expense
		757			768		Net income attributable to noncontrolling interests
	$	(4,521	)	$	(4,506	)
Realized gain on sale of marketable securities	$	80,187		$	—		Other income
		(11,502	)		—		Net income attributable to noncontrolling interests
	$	68,685		$	—

Schedule of outstanding interest rate derivatives related to interest rate risk

            As of both June 30, 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

	Three Months Ended June 30, 2014			Six Months Ended June 30, 2014
TOTAL REVENUE	$	104,683		$	262,652
Property Operating		17,035			43,175
Depreciation and amortization		31,024			76,992
Real estate taxes		12,526			32,474
Repairs and maintenance		3,181			10,331
Advertising and promotion		1,388			3,340
Provision for credit losses		708			1,494
Other		910			2,028
Total operating expenses		66,772			169,834
OPERATING INCOME		37,911			92,818
Interest expense		(12,159	)		(26,076	)
Income and other taxes		(37	)		(112	)
Income from unconsolidated entities		307			652
Gain upon acquisition of controlling interests and sale or disposal of assets and interest in unconsolidated entities, net		—			242
CONSOLIDATED NET INCOME		26,022			67,524
Net income attributable to noncontrolling interests		3,792			9,781
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$	22,230		$	57,743