XML 19 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Reporting (Summary on Revenues and Funds from Operations) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Rental and related revenue $ 205,008 $ 180,009 $ 407,678 $ 370,438
General contractor and service fee revenue (''Service Operations'') 63,607 135,362 132,575 281,909
Total Segment Revenues 267,502 312,106 538,011 647,099
Consolidated Revenue from continuing operations 268,615 315,371 540,253 652,347
Discontinued Operations 664 48,064 2,660 100,791
Consolidated Revenue 269,279 363,435 542,913 753,138
Net earnings excluding depreciation and Non-Segment Items 147,381 132,002 289,158 264,516
Interest expense (61,220) (53,814) (122,138) (106,461)
Interest and other income 98 284 244 371
Other operating expenses (196) (26) (461) (111)
General and administrative expenses (11,594) (8,541) (23,433) (19,738)
Undeveloped land carrying costs (2,168) (2,453) (4,466) (4,762)
Acquisition-related activity (1,029) (594) (1,609) (1,183)
Other non-segment income 489 1,541 841 2,522
Net (Income) Loss Attributable to Noncontrolling Interests - consolidated entities not wholly owned by the Partnership (138) 84 (306) 206
Joint venture items 8,907 10,352 19,002 18,962
Dividends on preferred shares/units (11,082) (15,974) (24,275) (31,948)
Adjustments for redemption/repurchase of preferred shares/units 0 0 (5,730) (163)
Discontinued operations (27) 12,938 36 25,421
FFO of Partnership Attributable To Common Unitholders 69,421 75,799 126,863 147,632
Net (income) loss attributable to noncontrolling interests - common limited partnership interests in the Partnership 466 706 1,277 (499)
Noncontrolling Interest Share of FFO Adjustments (1,660) (2,802) (3,720) (3,371)
FFO of General Partner attributable to common shareholders 68,227 73,703 124,420 143,762
Depreciation and amortization on continuing operations (92,721) (83,351) (184,084) (161,057)
Depreciation and amortization on discontinued operations (222) (16,762) (1,115) (34,037)
Company's share of joint venture adjustments (8,640) (8,639) (17,226) (16,267)
Earnings from depreciated property sales on continuing operations 119 492 (158) 68,348
Earnings from depreciated property sales on discontinued operations 3,095 2,713 9,571 14,316
Earnings from depreciated property sales - share of joint venture 0 0 0 91
Noncontrolling Interest Share of FFO Adjustments, Reconciliation Add-Back 1,660 2,802 3,720 3,371
Net income (loss) attributable to common shareholders (28,482) (29,042) (64,872) 18,527
Add back: Net income (loss) attributable to noncontrolling interests - common limited partnership interests in the Partnership (466) (706) (1,277) 499
Net income (loss) attributable to common unitholders (28,948) (29,748) (66,149) 19,026
Industrial [Member]
       
Rental and related revenue 110,257 92,293 218,497 185,673
Net earnings excluding depreciation and Non-Segment Items 83,796 67,524 163,614 133,862
Office [Member]
       
Rental and related revenue 67,003 65,303 133,905 141,231
Net earnings excluding depreciation and Non-Segment Items 39,827 39,442 79,064 82,727
Medical Office [Member]
       
Rental and related revenue 20,921 13,503 41,662 26,987
Net earnings excluding depreciation and Non-Segment Items 13,826 8,625 27,493 16,427
Non-reportable Rental Operations segments [Member]
       
Rental and related revenue 5,714 5,645 11,372 11,299
Net earnings excluding depreciation and Non-Segment Items 4,204 4,018 8,212 8,224
Other Revenue [Member]
       
Rental and related revenue 1,113 3,265 2,242 5,248
Service Operations [Member]
       
Net earnings excluding depreciation and Non-Segment Items $ 5,728 $ 12,393 $ 10,775 $ 23,276