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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 35,624 $ 24,574
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 47,349 44,443
Net amortization of debt discounts, premiums and deferred financing fees 629 746
Straight line rental income (10,962) (8,092)
Amortization of acquired real estate leases 16,903 14,411
Other amortization 4,800 4,793
Loss on asset impairment 3,946  
Loss on early extinguishment of debt 60,027 67
Equity in earnings of investees (4,262) (2,958)
Gain on sale of equity investment (66,293)  
Distributions of earnings from investees 4,111 2,913
Gain on sale of properties (2,856)  
Change in assets and liabilities:    
Restricted cash 3,100 (782)
Rents receivable and other assets (21,203) (23,170)
Accounts payable and accrued expenses (27,769) (20,630)
Rent collected in advance (1,948) (3,781)
Security deposits (42) 245
Due to related persons 1,678 2,372
Cash provided by operating activities 42,832 35,151
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate acquisitions (149,318) (91,535)
Real estate improvements (26,964) (26,430)
Principal payments received from direct financing lease 1,711 1,632
Proceeds from sale of properties, net 2,163  
Proceeds from sale of equity investment, net 239,576  
Distributions in excess of earnings from investees 168 1,266
Increase in restricted cash (1,197) (8,544)
Cash provided by (used in) investing activities 66,139 (123,611)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common shares, net 626,991 180,954
Repurchase and retirement of outstanding debt securities (728,021)  
Proceeds from borrowings 921,000 338,500
Payments on borrowings (942,135) (369,082)
Deferred financing fees (1,193) (5,767)
Distributions to common shareholders (20,951) (41,861)
Distributions to preferred shareholders (11,151) (13,643)
Distributions to noncontrolling interest in consolidated subsidiary (7,259)  
Cash (used in) provided by financing activities (162,719) 89,101
Effect of exchange rate changes on cash 221 183
(Decrease) increase in cash and cash equivalents (53,527) 824
Cash and cash equivalents at beginning of period 102,219 192,763
Cash and cash equivalents at end of period 48,692 193,587
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 71,368 66,971
Taxes paid 507 34
NON-CASH INVESTING ACTIVITIES:    
Real estate acquisitions   (147,872)
Investment in real estate mortgage receivable (7,688)  
NON-CASH FINANCING ACTIVITIES:    
Assumption of mortgage notes payable   $ 147,872