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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Data [Line Items]  
Schedule of Quarterly Financial Information

The following unaudited quarterly data has been prepared on the basis of a December 31 year-end.  Amounts are in thousands, except for per share amounts.

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2017

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

604,100

 

 

$

612,480

 

 

$

624,122

 

 

$

630,704

 

Operating income

 

 

204,371

 

 

 

210,550

 

 

 

217,786

 

 

 

214,764

 

Income from continuing operations

 

 

149,941

 

 

 

204,160

 

 

 

144,196

 

 

 

130,084

 

Net income *

 

 

149,941

 

 

 

204,160

 

 

 

144,196

 

 

 

130,084

 

Net income available to Common Shares

 

 

142,969

 

 

 

195,268

 

 

 

137,457

 

 

 

124,669

 

Earnings per share – basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Common Shares

 

$

0.39

 

 

$

0.53

 

 

$

0.37

 

 

$

0.34

 

Weighted average Common Shares outstanding

 

 

366,605

 

 

 

366,820

 

 

 

366,996

 

 

 

367,442

 

Earnings per share – diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Common Shares

 

$

0.39

 

 

$

0.53

 

 

$

0.37

 

 

$

0.34

 

Weighted average Common Shares outstanding

 

 

382,280

 

 

 

382,692

 

 

 

382,945

 

 

 

383,105

 

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2016

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

619,083

 

 

$

595,154

 

 

$

606,074

 

 

$

605,489

 

Operating income

 

 

216,625

 

 

 

206,018

 

 

 

209,373

 

 

 

224,070

 

Income from continuing operations

 

 

3,731,988

 

 

 

228,365

 

 

 

217,246

 

 

 

301,987

 

Discontinued operations, net

 

 

(157

)

 

 

35

 

 

 

246

 

 

 

394

 

Net income *

 

 

3,731,831

 

 

 

228,400

 

 

 

217,492

 

 

 

302,381

 

Net income available to Common Shares

 

 

3,586,985

 

 

 

218,067

 

 

 

207,543

 

 

 

276,477

 

Earnings per share – basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Common Shares

 

$

9.84

 

 

$

0.60

 

 

$

0.57

 

 

$

0.76

 

Weighted average Common Shares outstanding

 

 

364,592

 

 

 

365,047

 

 

 

365,109

 

 

 

365,256

 

Earnings per share – diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Common Shares

 

$

9.76

 

 

$

0.59

 

 

$

0.56

 

 

$

0.75

 

Weighted average Common Shares outstanding

 

 

382,243

 

 

 

382,065

 

 

 

382,373

 

 

 

381,860

 

 

* The Company did not have any extraordinary items or cumulative effect of change in accounting principle during the years ended December 31, 2017 and 2016.  Therefore, income before extraordinary items and cumulative effect of change in accounting principle is not shown as it was equal to the net income amounts disclosed above.

ERPOP [Member]  
Quarterly Financial Data [Line Items]  
Schedule of Quarterly Financial Information

The following unaudited quarterly data has been prepared on the basis of a December 31 year-end.  Amounts are in thousands, except for per Unit amounts.

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2017

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

604,100

 

 

$

612,480

 

 

$

624,122

 

 

$

630,704

 

Operating income

 

 

204,371

 

 

 

210,550

 

 

 

217,786

 

 

 

214,764

 

Income from continuing operations

 

 

149,941

 

 

 

204,160

 

 

 

144,196

 

 

 

130,084

 

Net income *

 

 

149,941

 

 

 

204,160

 

 

 

144,196

 

 

 

130,084

 

Net income available to Units

 

 

148,380

 

 

 

202,622

 

 

 

142,623

 

 

 

129,342

 

Earnings per Unit – basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Units

 

$

0.39

 

 

$

0.53

 

 

$

0.37

 

 

$

0.34

 

Weighted average Units outstanding

 

 

379,504

 

 

 

379,733

 

 

 

379,906

 

 

 

380,325

 

Earnings per Unit – diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Units

 

$

0.39

 

 

$

0.53

 

 

$

0.37

 

 

$

0.34

 

Weighted average Units outstanding

 

 

382,280

 

 

 

382,692

 

 

 

382,945

 

 

 

383,105

 

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2016

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

619,083

 

 

$

595,154

 

 

$

606,074

 

 

$

605,489

 

Operating income

 

 

216,625

 

 

 

206,018

 

 

 

209,373

 

 

 

224,070

 

Income from continuing operations

 

 

3,731,988

 

 

 

228,365

 

 

 

217,246

 

 

 

301,987

 

Discontinued operations, net

 

 

(157

)

 

 

35

 

 

 

246

 

 

 

394

 

Net income *

 

 

3,731,831

 

 

 

228,400

 

 

 

217,492

 

 

 

302,381

 

Net income available to Units

 

 

3,730,294

 

 

 

226,847

 

 

 

215,896

 

 

 

287,546

 

Earnings per Unit – basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Units

 

$

9.84

 

 

$

0.60

 

 

$

0.57

 

 

$

0.76

 

Weighted average Units outstanding

 

 

378,289

 

 

 

378,934

 

 

 

379,008

 

 

 

379,081

 

Earnings per Unit – diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to Units

 

$

9.76

 

 

$

0.59

 

 

$

0.56

 

 

$

0.75

 

Weighted average Units outstanding

 

 

382,243

 

 

 

382,065

 

 

 

382,373

 

 

 

381,860

 

 

* The Operating Partnership did not have any extraordinary items or cumulative effect of change in accounting principle during the years ended December 31, 2017 and 2016.  Therefore, income before extraordinary items and cumulative effect of change in accounting principle is not shown as it was equal to the net income amounts disclosed above.