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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Revenues from rental property $ 226,709 $ 211,637 $ 447,054 $ 425,607
Management and other fee income 8,710 8,437 18,135 18,100
Total revenues 235,419 220,074 465,189 443,707
Operating expenses        
Rent 2,932 3,807 6,201 7,101
Real estate taxes 29,632 28,141 59,175 57,562
Operating and maintenance 28,980 26,868 56,938 59,432
General and administrative expenses 30,973 29,612 65,404 59,358
Impairment charges     34,570 12,352
Depreciation and amortization 63,124 59,131 124,917 121,963
Total operating expenses 180,136 151,280 338,583 309,137
Operating income 55,283 68,794 126,606 134,570
Other income/(expense)        
Mortgage and other financing income 1,985 1,940 3,992 3,769
Interest, dividends and other investment income 349 8,932 510 13,797
Other income/(expense), net 511 772 (3,077) 479
Interest expense (57,387) (55,601) (114,881) (110,941)
Income from other real estate investments 416 447 1,143 612
Income from continuing operations before income taxes, equity in income of joint ventures and equity in income from other real estate investments 1,157 25,284 14,293 42,286
Benefit/(provision) for income taxes, net 4,656 (5,640) 616 (9,893)
Equity in income of investment     79,246 30,169
Income from continuing operations 62,387 42,299 119,258 72,897
Discontinued operations        
(Loss)/income from discontinued operating properties, net of tax (4,285) 487 (6,283) 4,940
Impairment/loss on operating properties sold, net of tax (1,037) (5,496) (8,741) (8,689)
Gain on disposition of operating properties 11,263 4,025 23,242 4,188
Income/(loss) from discontinued operations 5,941 (984) 8,218 439
Gain on sale of operating properties, net of tax 4,059   4,059  
Net income 72,387 41,315 131,535 73,336
Net income attributable to noncontrolling interests (3,275) (2,606) (8,785) (5,665)
Net income attributable to the Company 69,112 38,709 122,750 67,671
Preferred stock dividends (20,841) (14,841) (36,415) (29,681)
Net income available to the Company's common shareholders 48,271 23,868 86,335 37,990
Income from continuing operations:        
-Basic (in Dollars per share) $ 0.10 $ 0.06 $ 0.20 $ 0.09
-Diluted (in Dollars per share) $ 0.10 $ 0.06 $ 0.20 $ 0.09
Net income:        
-Basic (in Dollars per share) $ 0.12 $ 0.06 $ 0.21 $ 0.09
-Diluted (in Dollars per share) $ 0.12 $ 0.06 $ 0.21 $ 0.09
Weighted average shares:        
-Basic (in Shares) 405,560 406,559 405,916 406,500
-Diluted (in Shares) 406,476 407,562 406,827 407,472
Amounts available to the Company's common shareholders:        
Income from continuing operations, net of tax 42,381 24,970 80,399 37,778
Income/(loss) from discontinued operations 5,890 (1,102) 5,936 212
Net income 48,271 23,868 86,335 37,990
Equity In Income Of Joint Ventures, Net [Member]
       
Other income/(expense)        
Equity in income of investment 42,500 17,824 79,246 30,169
Equity In Income From Other Real Estate Investments, Net [Member]
       
Other income/(expense)        
Equity in income of investment 14,074 4,831 25,103 10,335
Segment, Continuing Operations [Member]
       
Operating expenses        
Impairment charges $ 24,495 $ 3,721 $ 25,948 $ 3,721