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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 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 9,580 27,755 22,997 34,215
Net income     105,334 129,004
Parent Company [Member]        
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable 16 94 165 204
Revenues:        
Minimum rent 111,886 105,071 329,506 308,766
Percentage rent 495 486 2,651 2,593
Recoveries from tenants and other income 34,532 30,725 103,894 94,205
Management Fees Revenue 5,855 5,786 18,759 18,032
Total revenues 152,768 142,068 454,810 423,596
Operating expenses:        
Depreciation and amortization 40,705 37,032 119,721 109,249
Operating and maintenance 23,373 19,761 69,767 61,119
General and administrative 16,046 14,750 48,695 46,227
Real estate taxes 17,058 16,044 49,697 46,842
Other operating expenses 1,046 1,880 5,795 4,825
Total operating expenses 98,228 89,467 293,675 268,262
Other expense (income):        
Interest expense, net 21,945 25,099 70,489 78,407
Provision for impairment 0 0 1,666 0
Early extinguishment of debt (13,943) 0 (13,943) 61
Marketable Securities, Gain (Loss), Excluding Other than Temporary Impairments 821 (1,190) 1,268 (190)
Gain (Loss) on Derivative Instruments, Net, Pretax 40,586 0 40,586 0
Nonoperating Income (Expense) 75,653 26,289 125,416 78,536
Income (loss) from operations before equity in income of investments in real estate partnerships (21,113) 26,312 35,719 76,798
Equity in income of investments in real estate partnerships 22,647 5,667 46,618 17,991
Income from operations 1,534 31,979 82,337 94,789
Discontinued operations, net:        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 9,580 27,755 22,997 34,215
Net income 11,114 59,734 105,334 129,004
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (527) (643) (1,380) (1,619)
Income attributable to noncontrolling interests (543) (737) (1,545) (1,823)
Net income attributable to the Company 10,571 58,997 103,789 127,181
Preferred stock dividends (5,266) (5,266) (15,797) (15,797)
Net Income (Loss) Available to Common Stockholders, Basic $ 5,305 $ 53,731 $ 87,992 $ 111,384
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.05 $ 0.57 $ 0.88 $ 1.18
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.05 $ 0.57 $ 0.88 $ 1.18
Partnership Interest [Member]        
Revenues:        
Minimum rent $ 111,886 $ 105,071 $ 329,506 $ 308,766
Percentage rent 495 486 2,651 2,593
Recoveries from tenants and other income 34,532 30,725 103,894 94,205
Management Fees Revenue 5,855 5,786 18,759 18,032
Total revenues 152,768 142,068 454,810 423,596
Operating expenses:        
Depreciation and amortization 40,705 37,032 119,721 109,249
Operating and maintenance 23,373 19,761 69,767 61,119
General and administrative 16,046 14,750 48,695 46,227
Real estate taxes 17,058 16,044 49,697 46,842
Other operating expenses 1,046 1,880 5,795 4,825
Total operating expenses 98,228 89,467 293,675 268,262
Other expense (income):        
Interest expense, net 21,945 25,099 70,489 78,407
Provision for impairment 0 0 1,666 0
Early extinguishment of debt (13,943) 0 (13,943) 61
Marketable Securities, Gain (Loss), Excluding Other than Temporary Impairments 821 (1,190) 1,268 (190)
Gain (Loss) on Derivative Instruments, Net, Pretax 40,586 0 40,586 0
Nonoperating Income (Expense) 75,653 26,289 125,416 78,536
Income (loss) from operations before equity in income of investments in real estate partnerships (21,113) 26,312 35,719 76,798
Equity in income of investments in real estate partnerships 22,647 5,667 46,618 17,991
Income from operations 1,534 31,979 82,337 94,789
Discontinued operations, net:        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 9,580 27,755 22,997 34,215
Net income 11,114 59,734 105,334 129,004
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (527) (643) (1,380) (1,619)
Income attributable to noncontrolling interests (527) (643) (1,380) (1,619)
Net income attributable to the Company 10,587 59,091 103,954 127,385
Distributions Paid To Preferred Unit Holders 5,266 5,266 15,797 15,797
Net income attributable to common unit holders $ 5,321 $ 53,825 $ 88,157 $ 111,588
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.05 $ 0.57 $ 0.88 $ 1.18
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.05 $ 0.57 $ 0.88 $ 1.18