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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES      
Rental income $ 2,114,142,000 $ 1,874,465,000 $ 1,665,233,000
Fee and asset management 9,573,000 9,026,000 9,476,000
Total revenues 2,123,715,000 1,883,491,000 1,674,709,000
EXPENSES      
Property and maintenance 415,986,000 387,968,000 374,135,000
Real estate taxes and insurance 241,876,000 211,518,000 200,779,000
Property management 81,902,000 81,867,000 79,857,000
Fee and asset management 4,663,000 4,279,000 4,998,000
Depreciation 664,082,000 612,579,000 581,469,000
General and administrative 47,248,000 43,605,000 39,881,000
Impairment 0 0 45,380,000
Total expenses 1,455,757,000 1,341,816,000 1,326,499,000
Operating income 667,958,000 541,675,000 348,210,000
Interest and other income 150,547,000 7,965,000 5,118,000
Other expenses (27,361,000) (14,292,000) (11,792,000)
Interest:      
Expense incurred, net (457,666,000) (464,277,000) (460,748,000)
Amortization of deferred financing costs (21,370,000) (16,766,000) (9,576,000)
Income (loss) before income and other taxes, (loss) from investments in unconsolidated entities, net gain (loss) on sales of unconsolidated entities and land parcels and discontinued operations 312,108,000 54,305,000 (128,788,000)
Income and other tax (expense) benefit (539,000) (728,000) (291,000)
(Loss) from investments in unconsolidated entities (14,000) 0 (735,000)
Net gain on sales of unconsolidated entities 0 0 28,101,000
Net (loss) gain on sales of land parcels 0 4,217,000 (1,395,000)
(Loss) income from continuing operations 311,555,000 57,794,000 (103,108,000)
Discontinued operations, net 569,649,000 877,403,000 399,091,000
Net income 881,204,000 935,197,000 295,983,000
Net (income) loss attributable to Noncontrolling Interests:      
Operating Partnership (38,641,000) (40,780,000) (13,099,000)
Net (income) loss attributable to Noncontrolling Interests - Partially Owned Properties (844,000) (832,000) 726,000
Net income attributable to controlling interests 841,719,000 893,585,000 283,610,000
Preferred distributions (10,355,000) (13,865,000) (14,368,000)
Premium on redemption of Preferred Shares (5,152,000) 0 0
Net income available to Common Shares $ 826,212,000 $ 879,720,000 $ 269,242,000
Earnings per share - basic:      
Income (loss) from continuing operations available to Common Shares $ 0.932 $ 0.140 $ (0.393)
Net income available to Common Shares $ 2.729 $ 2.984 $ 0.952
Weighted average Common Shares outstanding 302,701 294,856 282,888
Earnings per share - diluted:      
Income (loss) from continuing operations available to Common Shares $ 0.923 $ 0.138 $ (0.393)
Net income per share - diluted $ 2.705 $ 2.950 $ 0.952
Weighted average Common Shares outstanding 319,766 312,065 282,888