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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Revenues from rental properties $ 884,782 $ 825,737 $ 786,940
Management and other fee income 37,522 35,320 39,866
Total revenues 922,304 861,057 826,806
Operating expenses      
Rent 12,761 13,863 13,731
Real estate taxes 115,282 108,782 105,336
Operating and maintenance 118,787 114,101 108,357
General and administrative expenses 124,480 118,873 109,034
Provision for doubtful accounts 6,880 7,723 10,642
Impairment charges 59,569 32,763 39,121
Depreciation and amortization 249,493 231,712 217,205
Total operating expenses 664,794 608,131 596,966
Operating income 257,510 252,926 229,840
Other income/(expense)      
Mortgage financing income 7,504 7,273 9,405
Interest, dividends and other investment income 2,170 16,567 21,229
Other expense, net (7,971) (4,680) (4,459)
Interest expense (227,595) (223,526) (223,032)
Early extinguishment of debt     (10,811)
Income from other real estate investments 2,451 3,824 3,653
Gain on sale of development properties   12,074 2,080
Income from continuing operations before income taxes, equity in income of joint ventures, gains on change in control of interests and equity in income from other real estate investments 34,069 64,458 27,905
Provision for income taxes, net (3,939) (21,330) (3,208)
Equity in income of equity method investments, net 112,896 63,467 55,705
Income from continuing operations 211,978 158,977 120,122
Discontinued operations      
Income from discontinued operating properties, net of tax 3,084 23,021 43,366
Impairment/loss on operating properties sold, net of tax (22,339) (17,343) (6,175)
Gain on disposition of operating properties, net of tax 83,253 17,327 1,961
Income from discontinued operations 63,998 23,005 39,152
Loss on transfer of operating properties, net     (57)
Gain on sale of operating properties, net of tax 4,299 108 2,434
Total net gain on transfer of operating properties, net 4,299 108 2,377
Net income 280,275 182,090 161,651
Net income attributable to noncontrolling interests (14,202) (13,039) (18,783)
Net income attributable to the Company 266,073 169,051 142,868
Preferred stock redemption costs (21,703)    
Preferred stock dividends (71,697) (59,363) (51,346)
Net income available to the Company's common shareholders 172,673 109,688 91,522
Income from continuing operations:      
-Basic (in Dollars per share) $ 0.27 $ 0.22 $ 0.14
-Diluted (in Dollars per share) $ 0.27 $ 0.21 $ 0.14
Net income attributable to the Company:      
-Basic (in Dollars per share) $ 0.42 $ 0.27 $ 0.22
-Diluted (in Dollars per share) $ 0.42 $ 0.27 $ 0.22
Weighted average shares:      
-Basic (in Shares) 405,997 406,530 405,827
-Diluted (in Shares) 406,689 407,669 406,201
Amounts attributable to the Company's common shareholders:      
Income from continuing operations, net of tax 110,406 88,067 57,658
Income from discontinued operations 62,267 21,621 33,864
Net income 172,673 109,688 91,522
Gains on change in control of interests 15,555 569  
Joint Ventures [Member]
     
Other income/(expense)      
Equity in income of equity method investments, net 112,896 63,467 34,579
Other Real Estate Investments [Member]
     
Other income/(expense)      
Equity in income of equity method investments, net 53,397 51,813 60,846
Segment, Continuing Operations [Member]
     
Operating expenses      
Impairment charges $ 37,111 $ 13,077 $ 32,661