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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes $ 4,366 $ 548 $ 4,781 $ 13,417
Document Fiscal Year Focus     2017  
Other expense (income):        
Provision for impairment 0 0 $ 0 1,666
Discontinued operations, net:        
Net income     29,457 94,221
Parent Company [Member]        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 4,366 548 4,781 13,417
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable 104 64 85 150
Revenues:        
Minimum rent 195,992 109,945 337,232 217,619
Percentage rent 1,456 453 4,362 2,156
Recoveries from tenants and other income 57,256 35,874 102,535 69,362
Management Fees Revenue 6,601 6,140 13,307 12,904
Total revenues 261,305 152,412 457,436 302,041
Operating expenses:        
Depreciation and amortization 92,230 40,299 152,284 79,015
Operating and maintenance 36,105 23,709 65,868 46,394
General and administrative 16,746 16,350 34,419 32,649
Real estate taxes 28,871 16,769 50,321 32,639
Other operating expenses (note 2) 6,616 2,440 78,129 4,747
Total operating expenses 180,568 99,567 381,021 195,444
Other expense (income):        
Interest expense, net 35,407 24,401 62,606 48,544
Provision for impairment 0 0 0 1,666
Gain (Loss) on Extinguishment of Debt (12,404) 0 (12,404) 0
Marketable Securities, Gain (Loss), Excluding Other than Temporary Impairments 887 602 1,984 446
Nonoperating Income (Expense) 46,924 23,799 73,026 49,764
Income from operations before equity in income of investments in real estate partnerships 33,813 29,046 3,389 56,833
Equity in income of investments in real estate partnerships 12,240 11,050 21,583 23,971
Income tax (benefit) of taxable REIT subsidiary 246   296 0
Income from operations 45,807 40,096 24,676 80,804
Discontinued operations, net:        
Net income 50,173 40,644 29,457 94,221
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (576) (504) (1,247) (853)
Income attributable to noncontrolling interests (680) (568) (1,332) (1,003)
Net income attributable to the Company 49,493 40,076 28,125 93,218
Preferred stock dividends and issuance costs (1,125) (5,266) (12,981) (10,531)
Net Income (Loss) Available to Common Stockholders, Basic $ 48,368 $ 34,810 $ 15,144 $ 82,687
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.28 $ 0.36 $ 0.10 $ 0.85
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.28 $ 0.35 $ 0.10 $ 0.84
Partnership Interest [Member]        
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes $ 4,366 $ 548 $ 4,781 $ 13,417
Revenues:        
Minimum rent 195,992 109,945 337,232 217,619
Percentage rent 1,456 453 4,362 2,156
Recoveries from tenants and other income 57,256 35,874 102,535 69,362
Management Fees Revenue 6,601 6,140 13,307 12,904
Total revenues 261,305 152,412 457,436 302,041
Operating expenses:        
Depreciation and amortization 92,230 40,299 152,284 79,015
Operating and maintenance 36,105 23,709 65,868 46,394
General and administrative 16,746 16,350 34,419 32,649
Real estate taxes 28,871 16,769 50,321 32,639
Other operating expenses (note 2) 6,616 2,440 78,129 4,747
Total operating expenses 180,568 99,567 381,021 195,444
Other expense (income):        
Interest expense, net 35,407 24,401 62,606 48,544
Provision for impairment 0 0 0 1,666
Gain (Loss) on Extinguishment of Debt (12,404) 0 (12,404) 0
Marketable Securities, Gain (Loss), Excluding Other than Temporary Impairments 887 602 1,984 446
Nonoperating Income (Expense) 46,924 23,799 73,026 49,764
Income from operations before equity in income of investments in real estate partnerships 33,813 29,046 3,389 56,833
Equity in income of investments in real estate partnerships 12,240 11,050 21,583 23,971
Income tax (benefit) of taxable REIT subsidiary 246   296 0
Income from operations 45,807 40,096 24,676 80,804
Discontinued operations, net:        
Net income 50,173 40,644 29,457 94,221
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (576) (504) (1,247) (853)
Income attributable to noncontrolling interests (576) (504) (1,247) (853)
Net income attributable to the Company 49,597 40,140 28,210 93,368
Distributions Paid To Preferred Unit Holders 1,125 5,266 12,981 10,531
Net income attributable to common unit holders $ 48,472 $ 34,874 $ 15,229 $ 82,837
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.28 $ 0.36 $ 0.10 $ 0.85
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.28 $ 0.35 $ 0.10 $ 0.84