XML 99 R80.htm IDEA: XBRL DOCUMENT v3.7.0.1
Individually Significant Dispositions - Results of Operations Attributable to Starwood Transaction (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES        
Rental income $ 612,299 $ 594,939 $ 1,216,219 $ 1,211,104
Total revenues 612,480 595,154 1,216,580 1,214,237
EXPENSES        
Property and maintenance 99,316 96,307 201,924 205,472
Real estate taxes and insurance 87,503 77,415 169,231 157,611
Property management 21,589 20,991 43,841 44,486
General and administrative 13,626 18,296 27,799 35,013
Total expenses 401,930 389,136 801,659 791,594
Operating income 210,550 206,018 414,921 422,643
Interest and other income 1,162 56,525 1,763 59,583
Interest:        
Expense incurred, net (91,224) (86,472) (197,434) (299,964)
Amortization of deferred financing costs (2,087) (2,345) (4,383) (7,739)
Income and other tax (expense) benefit (220) (413) (482) (763)
Net gain (loss) on sales of real estate properties 87,726 57,356 124,433 3,780,835
Income from operations attributable to Noncontrolling Interests – Operating Partnership (7,354) (8,780) (12,765) (152,089)
Net income attributable to controlling interests $ 196,041 218,839 $ 339,783 3,806,597
Starwood Portfolio [Member] | Disposal Group, Not Discontinued Operations [Member]        
REVENUES        
Rental income   304   30,421
Total revenues   304   30,421
EXPENSES        
Property and maintenance   33   7,923
Real estate taxes and insurance   60   2,932
Property management   0   2
General and administrative   14   15
Total expenses   107   10,872
Operating income   197   19,549
Interest and other income   9   11
Interest:        
Expense incurred, net   (46)   (374)
Amortization of deferred financing costs   0   (707)
Income and other tax (expense) benefit   (1)   (1)
Net gain (loss) on sales of real estate properties   (21)   3,161,200
Income from operations attributable to controlling interests – Operating Partnership   138   3,179,678
Income from operations attributable to Noncontrolling Interests – Operating Partnership   (6)   (122,138)
Net income attributable to controlling interests   $ 132   $ 3,057,540