XML 18 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real estate investments at cost:    
Notes receivable $ 16,316 $ 15,803
Liabilities:    
Notes payable 3,276,888 2,971,715
Unsecured credit facilities 563,380 623,262
Noncontrolling interests:    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   (6,733,054)
Parent Company [Member]    
Real estate investments at cost:    
Property, Plant and Equipment, Gross 10,768,379 10,578,430
Properties in development 179,123 314,391
Gross real estate investments at cost 10,947,502 10,892,821
Less: accumulated depreciation 1,394,276 1,339,771
Total Cost Net of Accumulated Depreciation 9,553,226 9,553,050
Properties held for sale 8,742 0
Investments in real estate partnerships 448,257 386,304
Net real estate investments 10,010,225 9,939,354
Cash and cash equivalents 87,904 45,370
Restricted cash 5,732 4,011
Tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of $13,945 and $12,728 at March 31, 2018 and December 31, 2017, respectively 159,587 170,985
Deferred Costs, Leasing, Net 83,638 80,044
Acquired lease intangible assets, less accumulated amortization of $171,114 and $148,280 at March 31, 2018 and December 31, 2017, respectively 455,589 478,826
Other assets 431,181 427,127
Total assets 11,233,856 11,145,717
Liabilities:    
Notes payable 3,276,888 2,971,715
Unsecured credit facilities 563,380 623,262
Accounts payable and other liabilities 212,515 234,272
Acquired lease intangible liabilities, less accumulated amortization of $68,123 and $56,550 at March 31, 2018 and December 31, 2017, respectively 527,264 537,401
Tenants’ security, escrow deposits and prepaid rent 48,428 46,013
Total liabilities 4,628,475 4,412,663
Commitments and contingencies 0 0
Stockholders’ equity/Partners' capital:    
Common stock, $0.01 par value per share, 220,000,000 shares authorized; 169,408,781 and 171,364,908 shares issued at March 31, 2018 and December 31, 2017, respectively 1,694 1,714
Treasury stock at cost, 372,712 and 366,628 shares held at March 31, 2018 and December 31, 2017, respectively (18,756) (18,307)
Additional paid in capital 7,746,427 7,873,104
Accumulated other comprehensive income (loss) 4,764 (6,289)
Distributions in excess of net income (1,169,828) (1,158,170)
Total stockholders’ equity 6,564,301 6,692,052
Noncontrolling interests:    
Exchangeable operating partnership units, aggregate redemption value of $20,637 and $24,206 at March 31, 2018 and December 31, 2017, respectively 10,847 10,907
Limited partners’ interests in consolidated partnerships 30,233 30,095
Stockholders' Equity Attributable to Noncontrolling Interest 41,080 41,002
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (6,605,381) (6,733,054)
Total liabilities and equity 11,233,856 11,145,717
Partnership Interest [Member]    
Real estate investments at cost:    
Property, Plant and Equipment, Gross 10,768,379 10,578,430
Properties in development 179,123 314,391
Gross real estate investments at cost 10,947,502 10,892,821
Less: accumulated depreciation 1,394,276 1,339,771
Total Cost Net of Accumulated Depreciation 9,553,226 9,553,050
Properties held for sale 8,742 0
Investments in real estate partnerships 448,257 386,304
Net real estate investments 10,010,225 9,939,354
Cash and cash equivalents 87,904 45,370
Restricted cash 5,732 4,011
Tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of $13,945 and $12,728 at March 31, 2018 and December 31, 2017, respectively 159,587 170,985
Deferred Costs, Leasing, Net 83,638 80,044
Acquired lease intangible assets, less accumulated amortization of $171,114 and $148,280 at March 31, 2018 and December 31, 2017, respectively 455,589 478,826
Other assets 431,181 427,127
Total assets 11,233,856 11,145,717
Liabilities:    
Notes payable 3,276,888 2,971,715
Unsecured credit facilities 563,380 623,262
Accounts payable and other liabilities 212,515 234,272
Acquired lease intangible liabilities, less accumulated amortization of $68,123 and $56,550 at March 31, 2018 and December 31, 2017, respectively 527,264 537,401
Tenants’ security, escrow deposits and prepaid rent 48,428 46,013
Total liabilities 4,628,475 4,412,663
Commitments and contingencies 0 0
Stockholders’ equity/Partners' capital:    
General partner; 169,408,781 and 171,364,908 units outstanding at March 31, 2018 and December 31, 2017, respectively 6,559,537 6,698,341
Limited partners; 349,902 units outstanding at March 31, 2018 and December 31, 2017 10,847 10,907
Accumulated other comprehensive income (loss) 4,764 (6,289)
Total partners’ capital 6,575,148 6,702,959
Noncontrolling interests:    
Limited partners’ interests in consolidated partnerships 30,233 30,095
Total noncontrolling interests 30,233 30,095
Total equity 6,605,381 6,733,054
Total liabilities and equity $ 11,233,856 $ 11,145,717