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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Investment in real estate  
Land$ 4,158,288$ 4,110,275
Depreciable property15,055,57015,226,512
Projects under development119,433130,337
Land held for development205,476235,247
Investment in real estate19,538,76719,702,371
Accumulated depreciation(4,405,479)(4,337,357)
Investment in real estate, net15,133,28815,365,014
Cash and cash equivalents45,986431,408
Investments in unconsolidated entities11,0203,167
Deposits - restricted369,461180,987
Escrow deposits - mortgage10,67712,593
Deferred financing costs, net37,33442,033
Other assets149,051148,992
Total assets15,756,81716,184,194
Liabilities:  
Mortgage notes payable4,136,8484,762,896
Notes, net4,614,3235,185,180
Lines of credit26,0000
Accounts payable and accrued expenses97,84539,452
Accrued interest payable69,89598,631
Other liabilities409,591304,202
Security deposits62,07360,812
Distributions payable106,673140,905
Total liabilities9,523,24810,592,078
Commitments and contingencies  
Redeemable Noncontrolling Interests - Operating Partnership378,798383,540
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 September 30, 2011 and December 31, 2010200,000200,000
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 296,620,833 shares issued and outstanding as of September 30, 2011 and 290,197,242 shares issued and outstanding as of December 31, 20102,9662,902
Paid in capital5,032,8634,741,521
Retained earnings684,902203,581
Accumulated other comprehensive (loss)(185,032)(57,818)
Total shareholders' equity5,735,6995,090,186
Noncontrolling Interests:  
Operating Partnership120,786110,399
Partially Owned Properties(1,714)7,991
Total Noncontrolling Interests119,072118,390
Total equity5,854,7715,208,576
Total liabilities and equity$ 15,756,817$ 16,184,194