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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUE:      
Minimum rent $ 3,142,347 $ 2,962,295 $ 2,775,919
Overage rent 194,070 207,104 214,758
Tenant reimbursements 1,445,623 1,362,412 1,258,165
Management fees and other revenues 158,466 138,226 126,972
Other income 325,597 200,781 168,035
Total revenue 5,266,103 4,870,818 4,543,849
EXPENSES:      
Property operating 425,983 398,598 371,044
Depreciation and amortization 1,177,568 1,143,827 1,107,700
Real estate taxes 432,840 384,189 368,683
Repairs and maintenance 101,369 100,016 98,219
Advertising and promotion 134,854 136,656 117,894
Provision for credit losses 6,635 12,001 7,165
Home and regional office costs 154,816 158,576 140,931
General and administrative 60,329 59,958 59,803
Other 102,836 91,655 83,741
Total operating expenses 2,597,230 2,485,476 2,355,180
OPERATING INCOME 2,668,873 2,385,342 2,188,669
Interest expense (923,697) (992,601) (1,082,081)
Loss on extinguishment of debt (120,953) (127,573)  
Income and other taxes (20,170) (28,085) (39,538)
Income from unconsolidated entities 284,806 226,774 206,380
Gain upon acquisition of controlling interests and sale or disposal of assets and interests in unconsolidated entities, net 250,516 158,308 93,363
Consolidated income from continuing operations 2,139,375 1,622,165 1,366,793
Discontinued operations and gain on disposal   67,524 184,797
Discontinued operations transaction expenses   (38,163)  
CONSOLIDATED NET INCOME 2,139,375 1,651,526 1,551,590
Net income attributable to noncontrolling interests 311,655 242,938 231,949
Preferred dividends 3,337 3,337 3,337
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 1,824,383 $ 1,405,251 $ 1,316,304
BASIC AND DILUTED EARNINGS PER COMMON SHARE:      
Income from continuing operations (in dollars per share) $ 5.88 $ 4.44 $ 3.73
Discontinued operations (in dollars per share)   0.08 0.51
Net income attributable to common stockholders (in dollars per share) $ 5.88 $ 4.52 $ 4.24
Consolidated Net Income $ 2,139,375 $ 1,651,526 $ 1,551,590
Unrealized gain on derivative hedge agreements 17,122 5,220 7,101
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings (69,189) 10,789 9,205
Currency translation adjustments (160,312) (101,799) 2,865
Changes in available-for-sale securities and other (11,200) 102,816 (1,479)
Comprehensive income 1,915,796 1,668,552 1,569,282
Comprehensive income attributable to noncontrolling interests 279,720 245,210 234,536
Comprehensive income attributable to common stockholders $ 1,636,076 $ 1,423,342 $ 1,334,746