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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Operating (including $281,311 and $265,138 of consolidated variable interest entities, respectively) $ 5,004,993 $ 4,618,258
Construction-in-progress 472,570 531,205
Real Estate Investment Property, At Cost, Total 5,477,563 5,149,463
Less accumulated depreciation and amortization (including $22,840 and $19,086 of consolidated variable interest entities, respectively) (1,417,376) (1,350,471)
Net real estate 4,060,187 3,798,992
Cash and cash equivalents 41,312 88,927
Accounts and notes receivable, net 97,741 84,838
Mortgage notes receivable, net 54,932 55,155
Investment in real estate partnership 35,511 32,264
Prepaid expenses and other assets 128,564 145,062
Debt issuance costs, net of accumulated amortization of $10,969 and $9,535, respectively 13,238 14,056
TOTAL ASSETS 4,431,485 4,219,294
Liabilities    
Mortgages payable (including $188,739 and $202,782 of consolidated variable interest entities, respectively) 634,045 588,456
Capital lease obligations 71,659 71,671
Notes payable 290,765 300,822
Senior notes and debentures 1,361,282 1,360,913
Accounts payable and accrued expenses 168,615 156,270
Dividends payable 53,631 52,385
Security deposits payable 13,502 12,772
Other liabilities and deferred credits 109,242 100,283
Total liabilities 2,702,741 2,643,572
Commitments and contingencies (Note 7)      
Redeemable noncontrolling interests 110,688 104,425
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, 67,712,366 and 66,701,422 shares issued and outstanding, respectively 678 667
Additional paid-in capital 2,170,152 2,062,708
Accumulated dividends in excess of net income (647,006) (623,795)
Accumulated other comprehensive loss (4,060) (1,417)
Total shareholders' equity of the Trust 1,529,761 1,448,160
Noncontrolling interests 88,295 23,137
Total shareholders' equity 1,618,056 1,471,297
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,431,485 $ 4,219,294