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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Investment in real estate    
Land $ 6,329,907 $ 6,192,512
Depreciable property 19,919,609 19,226,047
Projects under development 1,046,210 988,867
Land held for development 279,139 393,522
Real Estate Investment Property, at Cost 27,574,865 26,800,948
Real Estate Investment Property, Accumulated Depreciation (5,314,260) (4,807,709)
Investment in real estate, net 22,260,605 21,993,239
Cash and cash equivalents 31,478 53,534
Investments in unconsolidated entities 128,100 178,526
Deposits - restricted 84,945 103,567
Escrow deposits - mortgage 45,995 42,636
Deferred financing costs, net 60,530 58,486
Other assets 396,441 404,557
Total assets 23,008,094 22,834,545
Liabilities:    
Mortgage notes payable 5,090,960 5,174,166
Notes, net 5,420,646 5,477,088
Lines of credit 446,000 115,000
Accounts payable and accrued expenses 203,070 118,791
Accrued interest payable 86,472 78,309
Other liabilities 349,371 347,748
Security deposits 75,738 71,592
Distributions payable 188,266 243,511
Total liabilities 11,860,523 11,626,205
Commitments and contingencies      
Redeemable Noncontrolling Interests - Operating Partnership 430,149 363,144
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 September 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; 362,208,087 shares issued and outstanding as of September 30, 2014 and 360,479,260 shares issued and outstanding as of December 31, 2013 3,622 3,605
Paid in capital 8,574,176 8,561,500
Retained earnings 1,915,344 2,047,258
Accumulated other comprehensive (loss) (164,806) (155,162)
Total shareholders' equity 10,378,336 10,507,201
Noncontrolling Interests:    
Operating Partnership 213,889 211,412
Noncontrolling Interests - Partially Owned Properties 125,197 126,583
Total Noncontrolling Interests 339,086 337,995
Total equity 10,717,422 10,845,196
Total liabilities and equity $ 23,008,094 $ 22,834,545