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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Statement of Cash Flows [Abstract]    
Net income $ 29,160 $ 122,763
Adjustments to reconcile net loss to net cash provided by operating activities:    
Gain on sale of investment properties, including discontinued operations 20,941 69,911
Depreciation and amortization, including discontinued operations 102,481 45,950
Amortization of deferred financing costs 604 778
Net amortization of stock options and restricted stock 1,508 1,421
Effect of certain non-cash adjustments to rental revenues (21,740) (5,605)
Income Loss from Unconsolidated Joint Ventures 5,343 65,862
Operating distributions from unconsolidated joint ventures 5,195 65,563
Land and multi-family cost of sales, net of closing costs paid 302 904
Changes in other operating assets and liabilities:    
Change in other receivables and other assets, net (1,912) (3,572)
Change in operating liabilities 5,282 6,247
Net cash provided by operating activities 94,596 98,676
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from investment property sales 53,827 171,779
Property acquisition, development, and tenant asset expenditures (351,657) (1,502,016)
Investment in unconsolidated joint ventures (10,578) (2,139)
Distributions from unconsolidated joint ventures 7,433 86,752
Collection of notes receivable 1,020 1,233
Change in notes receivable and other assets (2,838) (1,930)
Change in restricted cash (1,834) (101)
Net cash used in investing activities (304,627) (1,246,422)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from credit facility 395,175 343,725
Repayment of credit facility (347,550) (292,650)
Proceeds from other notes payable 68 304,268
Repayment of notes payable (6,713) (76,314)
Payments of Financing Costs 3,176 1,693
Proceeds from Issuance of Common Stock 321,912 826,529
Preferred Stock Redemption (94,775) (74,827)
Common dividends paid (45,351) (18,657)
Preferred dividends paid (2,955) (8,231)
Distributions to noncontrolling interests (369) (25,888)
Net cash provided by financing activities 216,266 976,262
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 6,235 (171,484)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 975 176,892
CASH AND CASH EQUIVALENTS AT END OF PERIOD 7,210 5,408
Interest paid, net of amounts capitalized 20,450 14,522
Accrued property acquisition, development, and tenant asset expenditures 3,055 14,764
Transfer from operating properties to operating properties and related assets held for sale 181,116 49,435
Transfer from projects under development to operating properties 0 25,629
Transfer from other assets to projects under development $ 0 $ 3,062