XML 77 R59.htm IDEA: XBRL DOCUMENT v3.8.0.1
Investments in Partially Owned Entities - Partially Owned Property Income Statement Schedule (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Partially Owned Property Income Statement Schedule        
Operating revenue $ 624,122 $ 606,074 $ 1,840,702 $ 1,820,311
Property management 20,861 19,517 64,702 64,003
General and administrative 12,567 12,395 40,366 47,408
Depreciation 184,100 179,230 542,964 528,242
Operating income 217,786 209,373 632,707 632,016
Interest and other income 3,945 5,509 5,708 65,092
Interest:        
Expense incurred, net (91,145) (86,352) (288,579) (386,316)
Amortization of deferred financing costs (2,064) (2,261) (6,447) (10,000)
Income before income and other taxes, (loss) income from investments in unconsolidated entities, net gain on sales of real estate properties and land parcels and discontinued operations 127,494 115,849 340,229 286,312
Income and other tax (expense) benefit (228) (426) (710) (1,189)
(Loss) from investments in unconsolidated entities (398) 7,750 (2,153) 5,846
Net income $ 144,196 $ 217,492 498,297 $ 4,177,723
Unconsolidated Non-VIE        
Partially Owned Property Income Statement Schedule        
Operating revenue     20,050  
Operating expenses     6,746  
Net operating income     13,304  
Property management     584  
General and administrative     1  
Depreciation     7,960  
Operating income     4,759  
Interest and other income     0  
Interest:        
Expense incurred, net     (6,217)  
Amortization of deferred financing costs     (1)  
Income before income and other taxes, (loss) income from investments in unconsolidated entities, net gain on sales of real estate properties and land parcels and discontinued operations     (1,459)  
Income and other tax (expense) benefit     (13)  
(Loss) from investments in unconsolidated entities     0  
Net income     (1,472)  
Consolidated VIE        
Partially Owned Property Income Statement Schedule        
Operating revenue     69,917  
Operating expenses     17,056  
Net operating income     52,861  
Property management     2,463  
General and administrative     239  
Depreciation     15,569  
Operating income     34,590  
Interest and other income     45  
Interest:        
Expense incurred, net     (9,977)  
Amortization of deferred financing costs     (203)  
Income before income and other taxes, (loss) income from investments in unconsolidated entities, net gain on sales of real estate properties and land parcels and discontinued operations     24,455  
Income and other tax (expense) benefit     (34)  
(Loss) from investments in unconsolidated entities     (1,155)  
Net income     23,266  
Unconsolidated VIE        
Partially Owned Property Income Statement Schedule        
Operating revenue     3,805  
Operating expenses     1,573  
Net operating income     2,232  
Property management     56  
General and administrative     127  
Depreciation     4,126  
Operating income     (2,077)  
Interest and other income     0  
Interest:        
Expense incurred, net     0  
Amortization of deferred financing costs     0  
Income before income and other taxes, (loss) income from investments in unconsolidated entities, net gain on sales of real estate properties and land parcels and discontinued operations     (2,077)  
Income and other tax (expense) benefit     0  
(Loss) from investments in unconsolidated entities     0  
Net income     (2,077)  
Partially Owned Properties – Unconsolidated        
Partially Owned Property Income Statement Schedule        
Operating revenue     23,855  
Operating expenses     8,319  
Net operating income     15,536  
Property management     640  
General and administrative     128  
Depreciation     12,086  
Operating income     2,682  
Interest and other income     0  
Interest:        
Expense incurred, net     (6,217)  
Amortization of deferred financing costs     (1)  
Income before income and other taxes, (loss) income from investments in unconsolidated entities, net gain on sales of real estate properties and land parcels and discontinued operations     (3,536)  
Income and other tax (expense) benefit     (13)  
(Loss) from investments in unconsolidated entities     0  
Net income     $ (3,549)