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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUE        
Rental income $ 166,112 $ 154,308 $ 494,688 $ 460,136
Other property income 3,622 3,480 11,347 9,661
Mortgage interest income 1,204 1,242 3,678 3,770
Total revenue 170,938 159,030 509,713 473,567
EXPENSES        
Rental expenses 31,908 29,045 100,443 86,755
Real estate taxes 20,374 18,400 58,238 53,604
General and administrative 8,374 7,543 24,202 22,902
Depreciation and amortization 42,660 39,341 127,403 119,615
Total operating expenses 103,316 94,329 310,286 282,876
OPERATING INCOME 67,622 64,701 199,427 190,691
Other interest income 2 70 45 165
Interest expense (23,422) (25,762) (69,772) (80,314)
Early extinguishment of debt 0 0 0 (3,399)
Income from real estate partnership 446 381 909 1,065
INCOME FROM CONTINUING OPERATIONS 44,648 39,390 130,609 108,208
DISCONTINUED OPERATIONS        
Discontinued operations - income 0 115 0 942
Discontinued operations - gain on sale of real estate 0 23,861 0 23,861
Results from discontinued operations 0 23,976 0 24,803
INCOME BEFORE GAIN ON SALE OF REAL ESTATE 44,648 63,366 130,609 133,011
Gain on sale of real estate 0 0 0 4,994
Gain on sale of real estate in real estate partnership 4,401 0 4,401 0
NET INCOME 49,049 63,366 135,010 138,005
Net income attributable to noncontrolling interests (1,974) (1,268) (5,637) (3,780)
NET INCOME ATTRIBUTABLE TO THE TRUST 47,075 62,098 129,373 134,225
Dividends on preferred shares (136) (136) (406) (406)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS 46,939 61,962 128,967 133,819
EARNINGS PER COMMON SHARE, BASIC        
Continuing operations $ 0.62 $ 0.57 $ 1.84 $ 1.58
Discontinued operations $ 0.00 $ 0.37 $ 0.00 $ 0.38
Gain on sale of real estate $ 0.07 $ 0.00 $ 0.07 $ 0.08
Earnings per common share, basic, total $ 0.69 $ 0.94 $ 1.91 $ 2.04
Weighted average number of common shares, basic 67,559 65,504 67,095 65,118
EARNINGS PER COMMON SHARE, DILUTED        
Continuing operations $ 0.62 $ 0.57 $ 1.84 $ 1.58
Discontinued operations $ 0.00 $ 0.37 $ 0.00 $ 0.38
Gain on sale of real estate $ 0.07 $ 0.00 $ 0.07 $ 0.08
Earnings per common share, diluted, total $ 0.69 $ 0.94 $ 1.91 $ 2.04
Weighted average number of common shares, diluted 67,732 65,647 67,261 65,271
COMPREHENSIVE INCOME 51,349 62,195 134,667 146,854
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST $ 49,375 $ 60,927 $ 129,030 $ 143,074