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Consolidated Balance Sheets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Document Fiscal Year Focus 2015  
Real estate investments at cost (notes 2 and 3):    
Investments in real estate partnerships (note 4) $ 306,206 $ 333,167
Accounts receivable, net of allowance for doubtful accounts of $5,295 and $4,523 at December 31, 2015 and 2014, respectively 32,292 30,999
Acquired lease intangible assets, less accumulated amortization of $45,639 and $36,112 at December 31, 2015 and 2014, respectively (note 6) 105,380 52,365
Parent Company [Member]    
Real estate investments at cost (notes 2 and 3):    
Land 1,432,468 1,380,211
Buildings and improvements 2,896,396 2,790,137
Properties in development 217,036 239,538
Gross real estate investments at cost 4,545,900 4,409,886
Less: accumulated depreciation 1,043,787 933,708
Total Cost Net of Accumulated Depreciation 3,502,113 3,476,178
Investments in real estate partnerships (note 4) 306,206 333,167
Net real estate investments 3,808,319 3,809,345
Cash and cash equivalents 36,856 113,776
Restricted cash 3,767 8,013
Accounts receivable, net of allowance for doubtful accounts of $5,295 and $4,523 at December 31, 2015 and 2014, respectively 32,292 30,999
Straight-line rent receivable, net of reserve of $1,365 and $652 at December 31, 2015 and 2014, respectively 63,392 55,768
Notes receivable (note 5) 10,480 12,132
Deferred Costs 79,619 71,502
Acquired lease intangible assets, less accumulated amortization of $45,639 and $36,112 at December 31, 2015 and 2014, respectively (note 6) 105,380 52,365
Assets Held-in-trust 29,093 28,134
Other assets 21,876 15,136
Total assets 4,191,074 4,197,170
Liabilities:    
Notes payable (note 9) 1,707,478 1,946,357
Unsecured Debt 165,000 75,000
Accounts payable and other liabilities 164,515 181,197
Acquired lease intangible liabilities, less accumulated accretion of $17,555 and $13,993 at December 31, 2015 and 2014, respectively (note 6) 42,034 32,143
Tenants’ security and escrow deposits and prepaid rent 29,427 25,991
Total liabilities 2,108,454 2,260,688
Commitments and contingencies (notes 16 and 17) 0 0
Stockholders’ equity (notes 12 and 13):    
Preferred stock, $0.01 par value per share, 30,000,000 shares authorized; 13,000,000 Series 6 and 7 shares issued and outstanding at December 31, 2013 and December 31, 2012, with liquidation preferences of $25 per share 325,000 325,000
Common stock $0.01 par value per share,150,000,000 shares authorized; 97,212,638 and 94,108,061 shares issued at December 31, 2015 and 2014, respectively 972 941
Treasury Stock, Value 19,658 19,382
Additional paid in capital 2,742,508 2,540,153
Accumulated other comprehensive loss (58,693) (57,748)
Distributions in excess of net income (936,020) (882,372)
Total stockholders’ equity 2,054,109 1,906,592
Noncontrolling interests (note 12):    
Exchangeable operating partnership units, aggregate redemption value of $7,676 and $8,348 at December 31, 2013 and 2012, respectively (1,975) (1,914)
Limited partners’ interests in consolidated partnerships 30,486 31,804
Total noncontrolling interests 28,511 29,890
Total equity 2,082,620 1,936,482
Total liabilities and equity 4,191,074 4,197,170
Partnership Interest [Member]    
Real estate investments at cost (notes 2 and 3):    
Land 1,432,468 1,380,211
Buildings and improvements 2,896,396 2,790,137
Properties in development 217,036 239,538
Gross real estate investments at cost 4,545,900 4,409,886
Less: accumulated depreciation 1,043,787 933,708
Total Cost Net of Accumulated Depreciation 3,502,113 3,476,178
Investments in real estate partnerships (note 4) 306,206 333,167
Net real estate investments 3,808,319 3,809,345
Cash and cash equivalents 36,856 113,776
Restricted cash 3,767 8,013
Accounts receivable, net of allowance for doubtful accounts of $5,295 and $4,523 at December 31, 2015 and 2014, respectively 32,292 30,999
Straight-line rent receivable, net of reserve of $1,365 and $652 at December 31, 2015 and 2014, respectively 63,392 55,768
Notes receivable (note 5) 10,480 12,132
Deferred Costs 79,619 71,502
Acquired lease intangible assets, less accumulated amortization of $45,639 and $36,112 at December 31, 2015 and 2014, respectively (note 6) 105,380 52,365
Assets Held-in-trust 29,093 28,134
Other assets 21,876 15,136
Total assets 4,191,074 4,197,170
Liabilities:    
Notes payable (note 9) 1,707,478 1,946,357
Unsecured Debt 165,000 75,000
Accounts payable and other liabilities 164,515 181,197
Acquired lease intangible liabilities, less accumulated accretion of $17,555 and $13,993 at December 31, 2015 and 2014, respectively (note 6) 42,034 32,143
Tenants’ security and escrow deposits and prepaid rent 29,427 25,991
Total liabilities 2,108,454 2,260,688
Commitments and contingencies (notes 16 and 17) 0 0
Stockholders’ equity (notes 12 and 13):    
Preferred Units General Partner 325,000 325,000
General partner; 97,212,638 and 94,108,061 units outstanding at December 31, 2015 and 2014, respectively 1,787,802 1,639,340
Limited Partners' Capital Account (1,975) (1,914)
Accumulated other comprehensive loss (58,693) (57,748)
Total partners’ capital 2,052,134 1,904,678
Noncontrolling interests (note 12):    
Limited partners’ interests in consolidated partnerships 30,486 31,804
Total noncontrolling interests 30,486 31,804
Total equity 2,082,620 1,936,482
Total liabilities and equity $ 4,191,074 $ 4,197,170