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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Other expense (income):        
Provision for impairment $ 0 $ 0 $ 1,666 $ 0
Discontinued operations, net:        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 548 5,657 13,417 6,460
Parent Company [Member]        
Revenues:        
Minimum rent 109,945 102,390 217,619 203,695
Percentage rent 453 300 2,156 2,108
Recoveries from tenants and other income 35,874 32,431 69,362 63,479
Management Fees Revenue 6,140 6,008 12,904 12,246
Total revenues 152,412 141,129 302,041 281,528
Operating expenses:        
Depreciation and amortization 40,299 36,225 79,015 72,218
Operating and maintenance 23,709 20,185 46,394 41,358
General and administrative 16,350 15,099 32,649 31,477
Real estate taxes 16,769 15,667 32,639 30,798
Other operating expenses 2,440 1,779 4,747 2,943
Total operating expenses 99,567 88,955 195,444 178,794
Other expense (income):        
Interest expense, net 24,401 26,675 48,544 53,308
Provision for impairment 0 0 1,666 0
Early extinguishment of debt 0 0 0 61
Marketable Securities, Gain (Loss), Excluding Other than Temporary Impairments 602 367 446 1,000
Total other expense 23,799 26,308 49,764 52,247
Income from operations before equity in income of investments in real estate partnerships 29,046 25,866 56,833 50,487
Equity in income of investments in real estate partnerships 11,050 6,757 23,971 12,324
Income from operations 40,096 32,623 80,804 62,811
Discontinued operations, net:        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 548 5,657 13,417 6,460
Net income 40,644 38,280 94,221 69,271
Noncontrolling interests:        
Exchangeable operating partnership units (64) (61) (150) (110)
Limited partners’ interests in consolidated partnerships (504) (473) (853) (977)
Income attributable to noncontrolling interests (568) (534) (1,003) (1,087)
Net income attributable to the Company 40,076 37,746 93,218 68,184
Preferred stock dividends (5,266) (5,266) (10,531) (10,531)
Net Income (Loss) Available to Common Stockholders, Basic $ 34,810 $ 32,480 $ 82,687 $ 57,653
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.36 $ 0.35 $ 0.85 $ 0.61
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.35 $ 0.34 $ 0.84 $ 0.61
Partnership Interest [Member]        
Revenues:        
Minimum rent $ 109,945 $ 102,390 $ 217,619 $ 203,695
Percentage rent 453 300 2,156 2,108
Recoveries from tenants and other income 35,874 32,431 69,362 63,479
Management Fees Revenue 6,140 6,008 12,904 12,246
Total revenues 152,412 141,129 302,041 281,528
Operating expenses:        
Depreciation and amortization 40,299 36,225 79,015 72,218
Operating and maintenance 23,709 20,185 46,394 41,358
General and administrative 16,350 15,099 32,649 31,477
Real estate taxes 16,769 15,667 32,639 30,798
Other operating expenses 2,440 1,779 4,747 2,943
Total operating expenses 99,567 88,955 195,444 178,794
Other expense (income):        
Interest expense, net 24,401 26,675 48,544 53,308
Provision for impairment 0 0 1,666 0
Early extinguishment of debt 0 0 0 61
Marketable Securities, Gain (Loss), Excluding Other than Temporary Impairments 602 367 446 1,000
Total other expense 23,799 26,308 49,764 52,247
Income from operations before equity in income of investments in real estate partnerships 29,046 25,866 56,833 50,487
Equity in income of investments in real estate partnerships 11,050 6,757 23,971 12,324
Income from operations 40,096 32,623 80,804 62,811
Discontinued operations, net:        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 548 5,657 13,417 6,460
Net income 40,644 38,280 94,221 69,271
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (504) (473) (853) (977)
Income attributable to noncontrolling interests (504) (473) (853) (977)
Net income attributable to the Company 40,140 37,807 93,368 68,294
Distributions Paid To Preferred Unit Holders 5,266 5,266 10,531 10,531
Net income attributable to common unit holders $ 34,874 $ 32,541 $ 82,837 $ 57,763
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.36 $ 0.35 $ 0.85 $ 0.61
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.35 $ 0.34 $ 0.84 $ 0.61