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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows from Operating Activities:      
Net Income $ 152,421 $ 16,739 $ 51,238
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 148,413 157,290 151,107
Amortization of deferred financing costs, net (1,162) 5,215 5,017
Impairment loss 15,436 75,874 33,317
Equity in losses (earnings) of real estate joint ventures and partnerships, net 1,558 (7,834) (12,889)
Gain on acquisition (1,869) (4,559) 0
Gain on sale of real estate joint venture and partnership interests (14,203) 0 0
Gain on sale of property (69,623) (11,952) (3,098)
Loss on redemption of convertible senior unsecured notes 0 0 135
Distributions of income from real estate joint ventures and partnerships, net 3,141 2,186 1,733
Changes in accrued rent and accounts receivable, net 82 6,662 (2,898)
Changes in other assets, net (19,008) (22,482) (16,225)
Changes in accounts payable, accrued expenses and other liabilities, net (878) (13,525) (3,875)
Other, net 13,022 11,117 11,063
Net cash provided by operating activities 227,330 214,731 214,625
Cash Flows from Investing Activities:      
Acquisition of real estate and land (198,171) (49,880) (62,102)
Development and capital improvements (95,743) (94,108) (80,870)
Proceeds from sale of property and real estate equity investments, net 591,091 113,043 29,064
Change in restricted deposits and mortgage escrows (30,520) (794) 2,175
Notes receivable from real estate joint ventures and partnerships and other receivables:      
Advances (6,614) (2,926) (9,145)
Collections 75,081 15,687 20,010
Real estate joint ventures and partnerships:      
Investments (9,792) (18,583) (37,738)
Distributions of capital 44,976 17,271 15,663
Proceeds from tax increment revenue bonds 0 16,545 0
Other, net 0 0 1,522
Net cash provided by (used in) investing activities 370,308 (3,745) (121,421)
Cash Flows from Financing Activities:      
Proceeds from issuance of debt 300,098 215,750 336
Proceeds from issuance of common shares of beneficial interest, net 8,267 3,999 3,122
Repurchase of preferred shares of beneficial interest (72,500) 0 0
Principal payments of debt (538,438) (336,760) (139,722)
Changes in unsecured credit facilities (100,500) 86,500 80,000
Common and preferred dividends paid (173,202) (165,721) (158,012)
Debt issuance costs paid (4,250) (4,002) (6,622)
Distributions to noncontrolling interests (12,770) (23,560) (13,014)
Contributions from noncontrolling interests 2,123 3,717 2,686
Other, net (504) (1,126) 8,297
Net cash used in financing activities (591,676) (221,203) (222,929)
Net increase (decrease) in cash and cash equivalents 5,962 (10,217) (129,725)
Cash and cash equivalents at January 1 13,642 [1] 23,859 153,584
Cash and cash equivalents at December 31 19,604 [1] 13,642 [1] 23,859
Interest paid during the period (net of amount capitalized of $3,125, $2,329 and $3,405, respectively) 117,085 137,758 140,335
Income taxes paid during the period $ 1,548 $ 1,578 $ 2,116
[1] * Consolidated Variable Interest Entities' Assets and Liabilities included in the above balances (See Note 22):