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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Rentals, net $ 560,643 $ 537,265 $ 502,464
Other 12,520 12,290 10,380
Total 573,163 549,555 512,844
Expenses:      
Depreciation and amortization 167,101 162,535 145,940
Operating 109,310 98,855 94,244
Real estate taxes, net 75,636 66,358 60,289
Impairment loss 15,257 98 153
General and administrative 28,435 27,266 27,524
Total 395,739 355,112 328,150
Operating Income 177,424 194,443 184,694
Interest Expense, net (80,326) (83,003) (87,783)
Interest and Other Income 7,915 2,569 4,563
Gain on Sale and Acquisition of Real Estate Joint Venture and Partnership Interests 0 48,322 879
Benefit (Provision) for Income Taxes 17 (6,856) (52)
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net 27,074 20,642 19,300
Income from Continuing Operations 132,104 176,117 121,601
Gain on Sale of Property 218,611 100,714 59,621
Net Income 350,715 276,831 181,222
Less: Net Income Attributable to Noncontrolling Interests (15,441) (37,898) (6,870)
Net Income Adjusted for Noncontrolling Interests 335,274 238,933 174,352
Dividends on Preferred Shares 0 0 (3,830)
Redemption Costs of Preferred Shares 0 0 (9,687)
Net Income Attributable to Common Shareholders $ 335,274 $ 238,933 $ 160,835
Earnings Per Common Share - Basic:      
Net income attributable to common shareholders - basic (in dollars per share) $ 2.62 $ 1.90 $ 1.31
Earnings Per Common Share - Diluted:      
Net income attributable to common shareholders - diluted (in dollars per share) $ 2.60 $ 1.87 $ 1.29