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Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Rental income $ 267,358 $ 159,937
Resident fees and services 158,174 71,286
Interest income 8,141 11,709
Other income 1,686 2,824
Total revenues 435,359 245,756
Expenses:    
Interest expense 92,712 56,902
Property operating expenses 129,268 63,563
Depreciation and amortization 125,955 70,743
Transaction costs 5,579 36,065
General and administrative 27,751 17,714
Unrealized loss on derivatives (555) 0
Loss (gain) on extinguishment of debt 0 0
Provision for loan losses 0 248
Total expenses 381,820 245,235
Income (loss) from continuing operations before income taxes and income from unconsolidated entities 53,539 521
Income tax (expense) benefit (1,470) (129)
Income from unconsolidated entities 1,532 1,543
Income (loss) from continuing operations 53,601 1,935
Discontinued operations:    
Gain (loss) on sales of properties 769 26,156
Impairment of assets 0 (202)
Income (loss) from discontinued operations, net 3,088 3,921
Discontinued operations, net 3,857 29,875
Net income 57,458 31,810
Less: Preferred stock dividends 19,207 8,680
Less: Net income (loss) attributable to noncontrolling interests (1,056) [1] (242) [1]
Net income (loss) attributable to common stockholders 39,307 23,372
Average number of common shares outstanding:    
Basic 199,661 154,945
Diluted 201,658 155,485
Basic:    
Income (loss ) from continuing operations attributable to common stockholders $ 0.18 $ (0.04)
Discontinued operations, net $ 0.02 $ 0.19
Net income (loss) attributable to common stockholders $ 0.20 [2] $ 0.15 [2]
Diluted:    
Income (loss) from continuing operations attributable to common stockholders $ 0.18 $ (0.04)
Discontinued operations, net $ 0.02 $ 0.19
Net income (loss) attributable to common stockholders $ 0.19 [2] $ 0.15 [2]
Dividends declared and paid per common share $ 0.74 $ 0.69
Total comprehensive income (loss) attributable to common stockholders $ 57,744 $ 32,614
[1] Includes amounts attributable to redeemable noncontrolling interests.
[2] Amounts may not sum due to rounding