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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income (loss) $ 3,863 $ 184,638 $ (89,778)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 183,833 171,969 168,288
Gain on acquisition 0 (167,864) 0
Gains on sales of properties (24,472) (13,291) (6,557)
Debt satisfaction charges, net 3,989 8,062 311
Impairment charges and loan losses 48,499 9,969 117,443
Straight-line rents (23,538) (7,372) (1,763)
Other non-cash (income) expense, net 5,248 (1,139) (6,364)
Equity in earnings (losses) of non-consolidated entities 157 (21,531) (30,334)
Distributions of accumulated earnings from non-consolidated entities, net 918 7,498 11,549
Deferred taxes, net 752 (186) (1,799)
Increase (decrease) in accounts payable and other liabilities 6,223 (598) 1,589
Change in rent receivable and prepaid rent, net 4,420 (1,325) 19,929
Decrease in accrued interest payable (1,058) (2,473) (970)
Other adjustments, net (2,530) (2,547) (1,407)
Net cash provided by operating activities: 206,304 163,810 180,137
Cash flows from investing activities:      
Investment in real estate, including intangible assets (447,571) (98,083) (25,811)
Investment in real estate under construction 106,009 113,262 69,755
Capital expenditures (48,822) (49,952) (32,426)
Acquisition of remaining interest in NLS, net of cash acquired of $8,107 0 (1,331) 0
Net proceeds from sale of properties 75,519 155,240 124,039
Principal payments received on loans receivable 2,056 6,841 46,867
Investment in loans receivable (60,727) (11,470) (32,591)
Investments in and advances to non-consolidated entities, net (8,193) (20,172) (19,940)
Proceeds from sale of interest in non-consolidated entity 0 7,000 0
Distributions from non-consolidated entities in excess of accumulated earnings 15,603 351 5,900
Increase in deferred leasing costs (12,060) (14,826) (15,870)
Change in escrow deposits and restricted cash (7,141) 5,710 (3,405)
Real estate deposits (238) (149) (1,821)
Net cash used in investing activities (597,583) (134,103) (24,813)
Cash flows from financing activities:      
Dividends to common and preferred shareholders (135,539) (103,295) (94,861)
Repurchase of exchangeable notes 0 (62,150) 0
Proceeds from senior notes 247,565 0 0
Conversion of convertible notes (3,270) (2,427) 0
Principal amortization payments (34,446) (31,252) (31,068)
Principal payments on debt, excluding normal amortization (347,122) (288,094) (105,266)
Change in revolving credit facility borrowing, net 48,000 0 0
Increase in deferred financing costs (12,307) (6,431) (4,214)
Proceeds of mortgages and notes payable 253,500 121,000 15,000
Proceeds from term loans 151,000 255,000 0
Contributions from noncontrolling interests 0 889 2
Cash distributions to noncontrolling interests (3,870) (35,381) (5,811)
Purchase of a noncontrolling interest 8,918 0 0
Repurchase of preferred shares (155,004) (70,000) (15,456)
Payments on forward equity commitment, net 0 0 (2,313)
Issuance of common shares, net 434,927 162,747 99,730
Net cash provided by (used in) financing activities 434,516 (59,394) (144,257)
Change in cash and cash equivalents 43,237 (29,687) 11,067
Cash and cash equivalents, at beginning of year 34,024 63,711 52,644
Cash and cash equivalents, at end of year $ 77,261 $ 34,024 $ 63,711