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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Revenues from rental property $ 222,961 $ 204,297 $ 660,502 $ 620,440
Management and other fee income 8,917 8,728 27,053 26,827
Total revenues 231,878 213,025 687,555 647,267
Operating expenses        
Rent 3,270 3,455 9,457 10,545
Real estate taxes 29,917 27,827 87,606 83,985
Operating and maintenance 27,478 27,315 82,589 84,896
General and administrative expenses 29,957 30,846 95,317 90,188
Impairment charges     37,740 16,676
Depreciation and amortization 65,631 56,870 187,839 176,165
Total operating expenses 156,841 150,350 485,347 453,536
Operating income 75,037 62,675 202,208 193,731
Other income/(expense)        
Mortgage and other financing income 2,092 1,959 6,083 5,728
Interest, dividends and other investment income 598 375 1,110 14,173
Other expense, net (3,085) (2,655) (6,169) (2,153)
Interest expense (57,116) (56,120) (171,632) (166,535)
Income from other real estate investments 545 2,449 1,688 3,062
Income from continuing operations before income taxes, equity in income of joint ventures and equity in income from other real estate investments 18,071 8,683 33,288 48,006
Provision for income taxes, net (5,183) (4,443) (4,822) (14,332)
Equity in income of investment     103,743 49,810
Income from continuing operations 47,625 48,669 167,549 118,607
Discontinued operations        
Income/(loss) from discontinued operating properties, net of tax 734 5,678 (2,195) 13,521
Impairment/loss on operating properties sold, net of tax (2,604) (289) (15,364) (8,919)
Gain on disposition of operating properties, net of tax 11,329 4,535 34,571 8,722
Income from discontinued operations 9,459 9,924 17,012 13,324
Gain on sale of operating properties, net of tax     4,059  
Net income 57,084 58,593 188,620 131,931
Net income attributable to noncontrolling interests (2,143) (3,612) (10,928) (9,277)
Net income attributable to the Company 54,941 54,981 177,692 122,654
Redemption costs (6,213)   (6,213)  
Preferred stock dividends (21,622) (14,841) (58,037) (44,522)
Net income available to the Company's common shareholders 27,106 40,140 113,442 78,132
Income from continuing operations:        
-Basic (in Dollars per share) $ 0.04 $ 0.07 $ 0.24 $ 0.16
-Diluted (in Dollars per share) $ 0.04 $ 0.07 $ 0.24 $ 0.16
Net income:        
-Basic (in Dollars per share) $ 0.07 $ 0.10 $ 0.28 $ 0.19
-Diluted (in Dollars per share) $ 0.07 $ 0.10 $ 0.28 $ 0.19
Weighted average shares:        
-Basic (in Shares) 405,810 406,564 405,880 406,521
-Diluted (in Shares) 406,747 407,292 406,650 407,386
Amounts available to the Company's common shareholders:        
Income from continuing operations, net of tax 16,761 30,191 97,795 65,010
Income from discontinued operations 10,345 9,949 15,647 13,122
Net income 27,106 40,140 113,442 78,132
Equity In Income Of Joint Ventures, Net [Member]
       
Other income/(expense)        
Equity in income of investment 24,498 19,641 103,743 49,810
Equity In Income From Other Real Estate Investments, Net [Member]
       
Other income/(expense)        
Equity in income of investment 10,239 24,788 35,340 35,123
Segment, Continuing Operations [Member]
       
Operating expenses        
Impairment charges $ 588 $ 4,037 $ 22,539 $ 7,757