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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Operating (including $263,664 and $263,570 of consolidated variable interest entities, respectively) $ 4,276,146 $ 4,232,608
Construction-in-progress 264,982 193,836
Real Estate Investment Property, At Cost, Total 4,541,128 4,426,444
Less accumulated depreciation and amortization (including $10,253 and $4,991 of consolidated variable interest entities, respectively) (1,195,336) (1,127,588)
Net real estate 3,345,792 3,298,856
Cash and cash equivalents 147,680 67,806
Accounts and notes receivable, net 82,152 75,921
Mortgage notes receivable, net 55,661 55,967
Investment in real estate partnership 33,871 34,352
Prepaid expenses and other assets 127,592 121,492
Debt issuance costs, net of accumulated amortization of $10,051 and $9,098, respectively 11,591 11,816
TOTAL ASSETS 3,804,339 3,666,210
Liabilities    
Mortgages payable (including $205,907 and $207,683 of consolidated variable interest entities, respectively) 730,643 747,523
Capital lease obligations 71,698 63,093
Notes payable 299,618 295,159
Senior notes and debentures 1,076,456 1,004,635
Accounts payable and accrued expenses 121,233 104,660
Dividends payable 47,556 44,229
Security deposits payable 13,009 12,221
Other liabilities and deferred credits 50,353 68,761
Total liabilities 2,410,566 2,340,281
Commitments and contingencies (Note 7)      
Redeemable noncontrolling interests 81,851 85,325
Shareholders' equity    
Preferred shares, authorized 15,000,000 shares, $.01 par: 5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 399,896 shares issued and outstanding 9,997 9,997
Common shares of beneficial interest, $.01 par, 100,000,000 shares authorized, 64,620,923 and 63,544,150 shares issued and outstanding, respectively 647 636
Additional paid-in capital 1,867,494 1,764,940
Accumulated dividends in excess of net income (577,214) (555,541)
Accumulated other comprehensive loss (13,227) (3,940)
Total shareholders' equity of the Trust 1,287,697 1,216,092
Noncontrolling interests 24,225 24,512
Total shareholders' equity 1,311,922 1,240,604
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,804,339 $ 3,666,210