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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Document Fiscal Year Focus     2014  
Discontinued operations, net:        
Gain on sale of real estate $ (1,691) $ (13,127) $ (2,406) $ (13,127)
Parent Company [Member]
       
Revenues:        
Minimum rent 97,778 87,006 192,314 173,151
Percentage rent 545 297 1,930 1,842
Recoveries from tenants and other income 30,316 28,263 61,357 54,190
Management, transaction, and other fees 6,253 6,741 12,572 13,502
Total revenues 134,892 122,307 268,173 242,685
Operating expenses:        
Depreciation and amortization 36,023 31,082 73,929 62,199
Operating and maintenance 19,498 17,481 40,003 34,622
General and administrative 15,223 14,966 29,421 32,942
Real estate taxes 14,898 13,750 29,697 26,980
Other operating expenses 1,795 1,579 3,968 3,098
Total operating expenses 87,437 78,858 177,018 159,841
Other expense (income):        
Interest expense, net of interest income of $465 and $292, and $681 and $751 for the three and six months ended June 30, 2014 and 2013, respectively 27,445 27,781 54,580 55,613
Provision for impairment 0 0 225 0
Net investment (income) loss from deferred compensation plan, including unrealized (gains) loss of ($290) and $17, and ($183) and $848 for the three and six months ended June 30, 2014 and 2013, respectively (628) 38 (821) (1,034)
Total other expense 26,817 27,819 53,984 54,579
Income before equity in income of investments in real estate partnerships 20,638 15,630 37,171 28,265
Equity in income of investments in real estate partnerships 8,832 6,012 16,640 11,888
Income from continuing operations 29,470 21,642 53,811 40,153
Discontinued operations, net:        
Operating income 0 2,700 0 5,323
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 11,410 0 11,410
Income from discontinued operations 0 14,110 0 16,733
Income before gain on sale of real estate 29,470 35,752 53,811 56,886
Gain on sale of real estate (1,691) (1,717) (2,406) (1,717)
Net income 31,161 37,469 56,217 58,603
Noncontrolling interests:        
Exchangeable operating partnership units (53) (70) (95) (109)
Limited partners’ interests in consolidated partnerships (360) (270) (719) (545)
Income attributable to noncontrolling interests (413) (340) (814) (654)
Net income attributable to the Company 30,748 37,129 55,403 57,949
Preferred stock dividends (5,266) (5,265) (10,531) (10,531)
Net income attributable to common stockholders 25,482 31,864 44,872 47,418
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.28 $ 0.19 $ 0.48 $ 0.34
Discontinued operations (in dollars per share) $ 0.00 $ 0.16 $ 0.00 $ 0.18
Net income attributable to common stockholders (in dollars per share) $ 0.28 $ 0.35 $ 0.48 $ 0.52
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.28 $ 0.19 $ 0.48 $ 0.34
Discontinued operations (in dollars per share) $ 0.00 $ 0.16 $ 0.00 $ 0.18
Net income attributable to common stockholders (in dollars per share) $ 0.28 $ 0.35 $ 0.48 $ 0.52
Partnership Interest [Member]
       
Revenues:        
Minimum rent 97,778 87,006 192,314 173,151
Percentage rent 545 297 1,930 1,842
Recoveries from tenants and other income 30,316 28,263 61,357 54,190
Management, transaction, and other fees 6,253 6,741 12,572 13,502
Total revenues 134,892 122,307 268,173 242,685
Operating expenses:        
Depreciation and amortization 36,023 31,082 73,929 62,199
Operating and maintenance 19,498 17,481 40,003 34,622
General and administrative 15,223 14,966 29,421 32,942
Real estate taxes 14,898 13,750 29,697 26,980
Other operating expenses 1,795 1,579 3,968 3,098
Total operating expenses 87,437 78,858 177,018 159,841
Other expense (income):        
Interest expense, net of interest income of $465 and $292, and $681 and $751 for the three and six months ended June 30, 2014 and 2013, respectively 27,445 27,781 54,580 55,613
Provision for impairment 0 0 225 0
Net investment (income) loss from deferred compensation plan, including unrealized (gains) loss of ($290) and $17, and ($183) and $848 for the three and six months ended June 30, 2014 and 2013, respectively (628) 38 (821) (1,034)
Total other expense 26,817 27,819 53,984 54,579
Income before equity in income of investments in real estate partnerships 20,638 15,630 37,171 28,265
Equity in income of investments in real estate partnerships 8,832 6,012 16,640 11,888
Income from continuing operations 29,470 21,642 53,811 40,153
Discontinued operations, net:        
Operating income 0 2,700 0 5,323
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 11,410 0 11,410
Income from discontinued operations 0 14,110 0 16,733
Income before gain on sale of real estate 29,470 35,752 53,811 56,886
Gain on sale of real estate (1,691) (1,717) (2,406) (1,717)
Net income 31,161 37,469 56,217 58,603
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (360) (270) (719) (545)
Income attributable to noncontrolling interests (360) (270) (719) (545)
Net income attributable to the Company 30,801 37,199 55,498 58,058
Preferred unit distributions (5,266) (5,265) (10,531) (10,531)
Net income attributable to common unit holders $ 25,535 $ 31,934 $ 44,967 $ 47,527
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.28 $ 0.19 $ 0.48 $ 0.34
Discontinued operations (in dollars per share) $ 0.00 $ 0.16 $ 0.00 $ 0.18
Net income attributable to common unit holders (in dollars per share) $ 0.28 $ 0.35 $ 0.48 $ 0.52
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.28 $ 0.19 $ 0.48 $ 0.34
Discontinued operations (in dollars per share) $ 0.00 $ 0.16 $ 0.00 $ 0.18
Net income attributable to common unit holders (in dollars per share) $ 0.28 $ 0.35 $ 0.48 $ 0.52