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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Investment in real estate    
Land $ 6,296,735 $ 6,192,512
Depreciable property 19,730,737 19,226,047
Projects under development 1,006,992 988,867
Land held for development 306,625 393,522
Real Estate Investment Property, at Cost 27,341,089 26,800,948
Real Estate Investment Property, Accumulated Depreciation (5,170,438) (4,807,709)
Investment in real estate, net 22,170,651 21,993,239
Cash and cash equivalents 76,132 53,534
Investments in unconsolidated entities 142,318 178,526
Deposits - restricted 84,408 103,567
Escrow deposits - mortgage 45,269 42,636
Deferred financing costs, net 63,441 58,486
Other assets 409,183 404,557
Total assets 22,991,402 22,834,545
Liabilities:    
Mortgage notes payable 5,158,091 5,174,166
Notes, net 5,923,952 5,477,088
Lines of credit 0 115,000
Accounts payable and accrued expenses 168,225 118,791
Accrued interest payable 78,389 78,309
Other liabilities 331,662 347,748
Security deposits 74,508 71,592
Distributions payable 187,906 243,511
Total liabilities 11,922,733 11,626,205
Commitments and contingencies      
Redeemable Noncontrolling Interests - Operating Partnership 440,050 363,144
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 June 30, 2014 and December 31, 2013 50,000 50,000
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 361,562,007 shares issued and outstanding as of June 30, 2014 and 360,479,260 shares issued and outstanding as of December 31, 2013 3,616 3,605
Paid in capital 8,527,380 8,561,500
Retained earnings 1,875,732 2,047,258
Accumulated other comprehensive (loss) (166,990) (155,162)
Total shareholders' equity 10,289,738 10,507,201
Noncontrolling Interests:    
Operating Partnership 213,038 211,412
Noncontrolling Interests - Partially Owned Properties 125,843 126,583
Total Noncontrolling Interests 338,881 337,995
Total equity 10,628,619 10,845,196
Total liabilities and equity $ 22,991,402 $ 22,834,545