CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012		Dec. 31, 2011
Assets:
Real estate, at cost	$ 3,564,466		$ 3,172,246
Real estate intangibles:	685,914		546,918
Investments in real estate under construction	65,122		34,529
Real estate, gross	4,315,502		3,753,693
Less: accumulated depreciation and amortization	1,150,417	[1]	1,006,717	[1]
Real estate, net	3,165,085		2,746,976
Cash and cash equivalents	34,024		63,711
Restricted cash	26,741		30,657
Investment in and advances to non-consolidated entities	27,129		39,330
Deferred expenses (net of accumulated amortization of $24,402 in 2012 and $22,708 in 2011)	57,549		43,966
Loans receivable, net	72,540	[2]	66,619	[2]
Rent receivable - current	7,355		7,271
Other assets	27,780		28,290
Total assets	3,418,203		3,026,820
Liabilities:
Mortgages and notes payable	1,415,961		1,366,004
Term loan payable	255,000		0
Exchangeable notes payable	0		62,102
Convertible notes payable	78,127		105,149
Trust preferred securities	129,120		129,120
Dividends payable	31,351		25,273
Accounts payable and other liabilities	70,367		53,058
Accrued interest payable	11,980		13,019
Deferred revenue - including below market leases (net of accretion of $44,706 in 2012 and $37,485 in 2011)	79,908		90,349
Prepaid rent	13,224		12,543
Total liabilities	2,085,038		1,856,617
Commitments and contingencies
Equity:
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 178,616,664 and 154,938,351 shares issued and outstanding in 2012 and 2011, respectively	18		15
Additional paid-in-capital	2,212,949		2,010,850
Accumulated distributions in excess of net income	(1,143,803)		(1,212,630)
Accumulated other comprehensive income (loss)	(6,224)		1,938
Total shareholders’ equity	1,306,730		1,111,846
Noncontrolling interests	26,435		58,357
Total equity	1,333,165		1,170,203
Total liabilities and equity	3,418,203		3,026,820
Series B | Cumulative Redeemable
Equity:
Preferred shares, value	0		66,193
Series C | Cumulative Convertible
Equity:
Preferred shares, value	94,016		95,706
Series D | Cumulative Redeemable
Equity:
Preferred shares, value	$ 149,774		$ 149,774

[1] Includes accumulated amortization of real estate intangible assets of $412,349 and $368,349 in 2012 and 2011, respectively. The estimated amortization of the above real estate intangible assets for the next five years is $58,797 in 2013, $42,539 in 2014, $32,799 in 2015, $26,457 in 2016 and $23,056 in 2017.

[2] Loan carrying value includes accrued interest and is net of origination costs and fee eliminations, if any.