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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Investment in real estate    
Land $ 4,384,200 $ 4,367,816
Depreciable property 15,606,315 15,554,740
Projects under development 185,621 160,190
Land held for development 360,955 325,200
Investment in real estate 20,537,091 20,407,946
Accumulated depreciation (4,658,994) (4,539,583)
Investment in real estate, net 15,878,097 15,868,363
Cash and cash equivalents 219,628 383,921
Investments in unconsolidated entities 14,803 12,327
Deposits - restricted 182,182 152,237
Escrow deposits - mortgage 11,428 10,692
Deferred financing costs, net 45,861 44,608
Other assets 129,248 187,155
Total assets 16,481,247 16,659,303
Liabilities:    
Total Debt 4,056,976 4,111,487
Notes, net 5,355,590 5,609,574
Lines of credit 0 0
Accounts payable and accrued expenses 77,055 35,206
Accrued interest payable 79,489 88,121
Other liabilities 261,448 291,289
Security deposits 65,468 65,286
Distributions payable 109,043 179,079
Total liabilities 10,005,069 10,380,042
Redeemable Noncontrolling Interests - Operating Partnership 457,224 416,404
Shareholders' equity:    
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized; 1,600,000 shares issued and outstanding as of March 31, 2012 and December 31, 2011 200,000 200,000
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 300,522,169 shares issued and outstanding as of March 31, 2012 and 297,508,185 shares issued and outstanding as of December 31, 2011 3,005 2,975
Paid in capital 5,152,975 5,047,186
Retained earnings 656,001 615,572
Accumulated other comprehensive (loss) (189,973) (196,718)
Total shareholders' equity 5,822,008 5,669,015
Noncontrolling Interests:    
Operating Partnership 123,031 119,536
Partially Owned Properties 73,915 74,306
Total Noncontrolling Interests 196,946 193,842
Total equity 6,018,954 5,862,857
Total liabilities and equity $ 16,481,247 $ 16,659,303