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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Investment in real estate    
Land $ 4,609,337 $ 4,367,816
Depreciable property 15,943,139 15,554,740
Projects under development 194,254 160,190
Land held for development 404,846 325,200
Investment in real estate 21,151,576 20,407,946
Accumulated depreciation (4,880,808) (4,539,583)
Investment in real estate, net 16,270,768 15,868,363
Cash and cash equivalents 45,623 383,921
Investments in unconsolidated entities 17,906 12,327
Deposits - restricted 120,440 152,237
Escrow deposits - mortgage 10,462 10,692
Deferred financing costs, net 38,823 44,608
Other assets 164,523 187,155
Total assets 16,668,545 16,659,303
Liabilities:    
Mortgage notes payable 3,948,115 4,111,487
Notes, net 5,354,038 5,609,574
Lines of credit 7,000 0
Accounts payable and accrued expenses 105,602 35,206
Accrued interest payable 78,869 88,121
Other liabilities 370,046 291,289
Security deposits 68,758 65,286
Distributions payable 108,048 179,079
Total liabilities 10,040,476 10,380,042
Commitments and contingencies      
Redeemable Noncontrolling Interests - Operating Partnership 414,219 416,404
Shareholders' equity:    
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized; 1,000,000 shares issued and outstanding as of September 30, 2012 and 1,600,000 shares issued and outstanding as of December 31, 2011 50,000 200,000
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 302,674,716 shares issued and outstanding as of June 30, 2012 and 297,508,185 shares issued and outstanding as of December 31, 2011 3,027 2,975
Paid in capital 5,364,802 5,047,186
Retained earnings 770,697 615,572
Accumulated other comprehensive (loss) (197,754) (196,718)
Total shareholders' equity 5,990,772 5,669,015
Noncontrolling Interests:    
Operating Partnership 147,650 119,536
Noncontrolling Interests - Partially Owned Properties 75,428 74,306
Total Noncontrolling Interests 223,078 193,842
Total equity 6,213,850 5,862,857
Total liabilities and equity $ 16,668,545 $ 16,659,303