INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2012

Reconciliation of Net Income (Loss) To Taxable Income

	2012      (Estimate)			2011      (Actual)			2010      (Actual)
Net income (loss) available to the Company	$	83,939		$	25,466		$	(6,960	)
Add (subtract) net loss (income) of taxable REIT subsidiaries		(33,956	)		(739	)		11,145
Adjusted net income (loss) available to the Company		49,983			24,727			4,185
Book/tax depreciation difference		(2,555	)		(3,863	)		(1,693	)
Book/tax difference on gains from real estate sales		1,718			-			(4,264	)
Book/tax difference on stock-based compensation		(15,706	)		(5,108	)		(2,784	)
Book/tax difference relating to real estate asset carrying values		-			-			(10,848	)
Other book/tax differences, net		(1,090	)		(3,761	)		(1,707	)
Taxable income of the Company before allocation of taxable capital gains		32,350			11,995			(17,111	)
Income taxable as capital gains		(7,757	)		-			-
Taxable ordinary income (loss) of the Company	$	24,593		$	11,995		$	(17,111	)

Income Tax Characterization of Dividends

	2012					2011					2010
	Amount (1)		% (1)			Amount (1)		% (1)			Amount (1)		% (1)
Ordinary income	$	0.53		56.6	%	$	0.23		28.0	%	$	-		-	%
Capital gains		0.07		7.0			-		-			-		-
Unrecaptured Section 1250 gains		0.06		6.9			-		-			-		-
Return of capital		0.28		29.5			0.59		72.0			0.80		100.0
	$	0.94		100.0	%	$	0.82		100.0	%	$	0.80		100.0	%

(1) The amounts and percentages detailed in the table above represent average amounts for the years presented. Actual quarterly amounts may differ.