Acquisitions of Real Estate Property (Tables)

9 Months Ended

Sep. 30, 2011

Acquisitions of Real Estate Property [Abstract]

Fair values of the assets acquired and liabilities assumed at the date of acquisition

Land and improvements	$	342,330
Buildings and improvements		2,878,807
Acquired lease intangibles		160,340
Other assets		213,325
Total assets acquired		3,594,802
Notes payable and other debt		1,629,212
Deferred tax liability		43,889
Other liabilities		203,082
Total liabilities assumed		1,876,183
Net assets acquired		1,718,619
Cash acquired		77,718
Equity issued		1,376,437
Total cash used	$	264,464

Land and improvements	$	687,142
Buildings and improvements		6,414,258
Acquired lease intangibles		515,535
Other assets		701,743
Total assets acquired		8,318,678
Notes payable and other debt		1,879,014
Other liabilities		789,040
Total liabilities assumed		2,668,054
Redeemable OP unitholder interests assumed		100,429
Noncontrolling interest assumed		83,702
Net assets acquired		5,466,493
Cash acquired		29,202
Equity issued		5,361,493
Total cash used	$	75,798

The effect of material acquisitions on net income and earnings per share

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
	(In thousands, except per share amounts)
Revenues	$	565,424	$	556,779	$	1,698,376	$	1,625,552
Income from continuing operations attributable to common stockholders		183,517		90,891		399,249		280,216
Discontinued operations		—		542		—		7,139
Net income attributable to common stockholders		183,517		91,433		399,249		287,355
Earnings per common share:
Basic:
Income from continuing operations attributable to common stockholders	$	0.64	$	0.32	$	1.39	$	1.00
Discontinued operations		—		0.00		—		0.02
Net income attributable to common stockholders	$	0.64	$	0.32	$	1.39	$	1.02
Diluted:
Income from continuing operations attributable to common stockholders	$	0.63	$	0.32	$	1.38	$	0.99
Discontinued operations		—		0.00		—		0.03
Net income attributable to common stockholders	$	0.63	$	0.32	$	1.38	$	1.02
Weighted average shares used in computing earnings per common share:
Basic		287,365		281,439		286,647		281,374
Diluted		290,794		282,749		289,027		282,261