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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Parent Company [Member]
   
Revenues    
Minimum rent $ 92,365 $ 87,173
Percentage rent 1,160 907
Recoveries from tenants and other income 26,714 28,390
Management, transaction, and other fees 7,150 7,858
Total revenues 127,389 124,328
Operating Expenses    
Depreciation and amortization 32,841 34,499
Operating and maintenance 18,594 18,984
General and administrative 16,122 16,953
Real estate taxes 15,289 14,357
Other expenses 1,589 (321)
Total operating expenses 84,435 84,472
Other expense (income):    
Interest expense, net of interest income of $535 and $601 in 2012 and 2011, respectively 28,958 30,865
Gain on sale of real estate (1,834) 0
Net investment income from deferred compensation plan, including $1,224 and $643 of unrealized gains (1,528) (745)
Total other expense (income) 25,596 30,120
Income before equity in income (loss) of investments in real estate partnerships 17,358 9,736
Equity in income (loss) of investments in real estate partnerships 2,966 (2,725)
Income from continuing operations 20,324 7,011
Discontinued operations, net:    
Operating income 110 1,119
Gain on sale of operating properties, net 6,301 0
Income from discontinued operations 6,411 1,119
Net income 26,735 8,130
Noncontrolling interests:    
Preferred units 629 (931)
Exchangeable operating partnership units (54) (13)
Limited partners' interest in consolidated partnerships (192) (82)
Loss (income) attributable to noncontrolling interests 383 (1,026)
Net income attributable to controlling interests 27,118 7,104
Preferred stock dividends (13,937) (4,919)
Net income attributable to common stockholders 13,181 2,185
Income per common share/unit - basic:    
Continuing operations (in dollars per share) $ 0.07 $ 0.01
Discontinued operations (in dollars per share) $ 0.07 $ 0.01
Net income attributable to common stockholders (in dollars per share) $ 0.14 $ 0.02
Income per common share/unit - diluted:    
Continuing operations (in dollars per share) $ 0.07 $ 0.01
Discontinued operations (in dollars per share) $ 0.07 $ 0.01
Net income attributable to common stockholders (in dollars per share) $ 0.14 $ 0.02
Partnership Interest [Member]
   
Revenues    
Minimum rent 92,365 87,173
Percentage rent 1,160 907
Recoveries from tenants and other income 26,714 28,390
Management, transaction, and other fees 7,150 7,858
Total revenues 127,389 124,328
Operating Expenses    
Depreciation and amortization 32,841 34,499
Operating and maintenance 18,594 18,984
General and administrative 16,122 16,953
Real estate taxes 15,289 14,357
Other expenses 1,589 (321)
Total operating expenses 84,435 84,472
Other expense (income):    
Interest expense, net of interest income of $535 and $601 in 2012 and 2011, respectively 28,958 30,865
Gain on sale of real estate (1,834) 0
Net investment income from deferred compensation plan, including $1,224 and $643 of unrealized gains (1,528) (745)
Total other expense (income) 25,596 30,120
Income before equity in income (loss) of investments in real estate partnerships 17,358 9,736
Equity in income (loss) of investments in real estate partnerships 2,966 (2,725)
Income from continuing operations 20,324 7,011
Discontinued operations, net:    
Operating income 110 1,119
Gain on sale of operating properties, net 6,301 0
Income from discontinued operations 6,411 1,119
Net income 26,735 8,130
Noncontrolling interests:    
Limited partners' interest in consolidated partnerships (192) (82)
Loss (income) attributable to noncontrolling interests (192) (82)
Net income attributable to controlling interests 26,543 8,048
Preferred unit distributions (13,308) (5,850)
Net income attributable to common unit holders $ 13,235 $ 2,198
Income per common share/unit - basic:    
Continuing operations (in dollars per share) 0.07 0.01
Discontinued operations (in dollars per share) 0.07 0.01
Net income attributable to common unit holders (in dollars per share) 0.14 0.02
Income per common share/unit - diluted:    
Continuing operations (in dollars per share) 0.07 0.01
Discontinued operations (in dollars per share) 0.07 0.01
Net income attributable to common unit holders (in dollars per share) 0.14 0.02
Net Income (Loss), Per Outstanding Limited Partnership Unit, Diluted 0.14 0.02