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Consolidated Balance Sheets - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Document Fiscal Year Focus 2015  
Real estate investments at cost:    
Notes receivable $ 12,281 $ 12,132
Liabilities:    
Notes payable 1,868,700 1,946,357
Unsecured credit facilities 120,000 75,000
Parent Company [Member]    
Real estate investments at cost:    
Land 1,405,931 1,380,211
Buildings and improvements 2,817,680 2,790,137
Properties in development 216,408 239,538
Gross real estate investments at cost 4,440,019 4,409,886
Less: accumulated depreciation 990,744 933,708
Total Cost Net of Accumulated Depreciation 3,449,275 3,476,178
Operating properties held for sale 29,017 0
Investments in real estate partnerships 309,544 333,167
Net real estate investments 3,787,836 3,809,345
Cash and cash equivalents 27,114 113,776
Restricted cash 6,726 8,013
Accounts receivable, net of allowance for doubtful accounts of $5,066 and $4,523 at June 30, 2015 and December 31, 2014, respectively 25,506 30,999
Straight-line rent receivable, net of reserve of $767 and $652 at June 30, 2015 and December 31, 2014, respectively 59,168 55,768
Notes receivable 12,281 12,132
Deferred costs, less accumulated amortization of $82,561 and $81,822 at June 30, 2015 and December 31, 2014, respectively 74,978 71,502
Acquired lease intangible assets, less accumulated amortization of $41,058 and $36,112 at June 30, 2015 and December 31, 2014, respectively 46,737 52,365
Trading securities held in trust, at fair value 29,530 28,134
Other assets 28,392 15,136
Total assets 4,098,268 4,197,170
Liabilities:    
Notes payable 1,868,700 1,946,357
Unsecured credit facilities 120,000 75,000
Accounts payable and other liabilities 142,415 181,197
Acquired lease intangible liabilities, less accumulated accretion of $15,718 and $13,993 at June 30, 2015 and December 31, 2014, respectively 30,125 32,143
Tenants’ security and escrow deposits and prepaid rent 27,161 25,991
Total liabilities $ 2,188,401 $ 2,260,688
Commitments and contingencies (note 12)    
Stockholders’ equity/Partners' capital:    
Preferred stock, $0.01 par value per share, 30,000,000 shares authorized; 13,000,000 Series 6 and 7 shares issued and outstanding at June 30, 2015 and December 31, 2014, with liquidation preferences of $25 per share $ 325,000 $ 325,000
Common stock, $0.01 par value per share,150,000,000 shares authorized; 94,347,602 and 94,108,061 shares issued at June 30, 2015 and December 31, 2014, respectively 943 941
Treasury stock at cost, 412,745 and 425,246 shares held at June 30, 2015 and December 31, 2014, respectively (19,390) (19,382)
Additional paid in capital 2,539,008 2,540,153
Accumulated other comprehensive loss (48,799) (57,748)
Distributions in excess of net income (916,027) (882,372)
Total stockholders’ equity 1,880,735 1,906,592
Noncontrolling interests:    
Exchangeable operating partnership units, aggregate redemption value of $9,093 and $9,833 at June 30, 2015 and December 31, 2014, respectively (1,940) (1,914)
Limited partners’ interests in consolidated partnerships 31,072 31,804
Total noncontrolling interests 29,132 29,890
Total equity 1,909,867 1,936,482
Total liabilities and equity 4,098,268 4,197,170
Partnership Interest [Member]    
Real estate investments at cost:    
Land 1,405,931 1,380,211
Buildings and improvements 2,817,680 2,790,137
Properties in development 216,408 239,538
Gross real estate investments at cost 4,440,019 4,409,886
Less: accumulated depreciation 990,744 933,708
Total Cost Net of Accumulated Depreciation 3,449,275 3,476,178
Operating properties held for sale 29,017 0
Investments in real estate partnerships 309,544 333,167
Net real estate investments 3,787,836 3,809,345
Cash and cash equivalents 27,114 113,776
Restricted cash 6,726 8,013
Accounts receivable, net of allowance for doubtful accounts of $5,066 and $4,523 at June 30, 2015 and December 31, 2014, respectively 25,506 30,999
Straight-line rent receivable, net of reserve of $767 and $652 at June 30, 2015 and December 31, 2014, respectively 59,168 55,768
Notes receivable 12,281 12,132
Deferred costs, less accumulated amortization of $82,561 and $81,822 at June 30, 2015 and December 31, 2014, respectively 74,978 71,502
Acquired lease intangible assets, less accumulated amortization of $41,058 and $36,112 at June 30, 2015 and December 31, 2014, respectively 46,737 52,365
Trading securities held in trust, at fair value 29,530 28,134
Other assets 28,392 15,136
Total assets 4,098,268 4,197,170
Liabilities:    
Notes payable 1,868,700 1,946,357
Unsecured credit facilities 120,000 75,000
Accounts payable and other liabilities 142,415 181,197
Acquired lease intangible liabilities, less accumulated accretion of $15,718 and $13,993 at June 30, 2015 and December 31, 2014, respectively 30,125 32,143
Tenants’ security and escrow deposits and prepaid rent 27,161 25,991
Total liabilities $ 2,188,401 $ 2,260,688
Commitments and contingencies (note 12)    
Stockholders’ equity/Partners' capital:    
Preferred units of general partner, $0.01 par value per unit, 13,000,000 units issued and outstanding at June 30, 2015 and December 31, 2014, liquidation preference of $25 per unit $ 325,000 $ 325,000
General partner; 94,347,602 and 94,108,061 units outstanding at June 30, 2015 and December 31, 2014, respectively 1,604,534 1,639,340
Limited partners; 154,170 units outstanding at June 30, 2015 and December 31, 2014 (1,940) (1,914)
Accumulated other comprehensive loss (48,799) (57,748)
Total partners’ capital 1,878,795 1,904,678
Noncontrolling interests:    
Limited partners’ interests in consolidated partnerships 31,072 31,804
Total noncontrolling interests 31,072 31,804
Total equity 1,909,867 1,936,482
Total liabilities and equity $ 4,098,268 $ 4,197,170