XML 58 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Operations And Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Rentals, net $ 119,747 $ 115,561
Other 2,724 2,546
Total 122,471 118,107
Expenses:    
Depreciation and amortization 34,377 32,951
Operating 23,014 21,526
Real estate taxes, net 14,164 14,285
Impairment loss 6,852 770
General and administrative 8,307 6,536
Total 86,714 76,068
Operating Income 35,757 42,039
Interest Expense, net (31,429) (36,694)
Interest and Other Income, net 2,386 2,055
Gain on Sale of Real Estate Joint Venture and Partnership Interests 5,562  
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net 4,075 3,397
Benefit for Income Taxes 22 316
Income from Continuing Operations 16,373 11,113
Operating Income from Discontinued Operations 2,191 5,015
Gain on Sale of Property from Discontinued Operations 3,634  
Income from Discontinued Operations 5,825 5,015
Gain on Sale of Property 440 1,060
Net Income 22,638 17,188
Less: Net Income Attributable to Noncontrolling Interests (1,441) (1,092)
Net Income Adjusted for Noncontrolling Interests 21,197 16,096
Dividends on Preferred Shares (8,869) (8,869)
Net Income Attributable to Common Shareholders 12,328 7,227
Earnings Per Common Share - Basic:    
Income from continuing operations attributable to common shareholders $ 0.05 $ 0.02
Income from discontinued operations $ 0.05 $ 0.04
Net income attributable to common shareholders $ 0.10 $ 0.06
Earnings Per Common Share - Diluted:    
Income from continuing operations attributable to common shareholders $ 0.05 $ 0.02
Income from discontinued operations $ 0.05 $ 0.04
Net income attributable to common shareholders $ 0.10 $ 0.06
Comprehensive Income:    
Net Income 22,638 17,188
Net unrealized gain on derivatives 16 111
Amortization of loss on derivatives 659 619
Comprehensive Income 23,313 17,918
Comprehensive Income Attributable to Noncontrolling Interests (1,441) (1,092)
Comprehensive Income Adjusted for Noncontrolling Interests $ 21,872 $ 16,826