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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Document Fiscal Year Focus     2018  
Other expense (income):        
Provision for impairment, net of tax     $ 29,443 $ 0
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes     4,448 4,913
Parent Company [Member]        
Revenues:        
Minimum rent $ 204,005 $ 195,393 614,224 532,625
Percentage rent 1,224 1,147 6,292 5,509
Revenue from Contract with Customer, Including Assessed Tax 66,127 59,554 194,900 162,089
Property Management Fee Revenue 6,954 6,047 20,999 19,353
Total revenues 278,310 262,141 836,415 719,576
Operating expenses:        
Depreciation and amortization 89,183 91,474 266,812 243,757
Operating and maintenance 40,557 38,020 124,924 103,888
General and administrative 17,564 15,199 51,947 49,618
Real estate taxes 35,129 29,315 97,096 79,636
Other operating expenses (note 2) 2,045 3,195 6,476 81,621
Total operating expenses 184,478 177,203 547,255 558,520
Other expense (income):        
Interest expense, net 36,618 34,679 111,477 97,285
Provision for impairment, net of tax 855 0 29,443 0
Gain (Loss) on Extinguishment of Debt 0 0 11,172 12,404
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss (923) (971) (1,524) (2,955)
Nonoperating Income (Expense) 36,550 33,708 150,568 106,734
Income from operations before equity in income of investments in real estate partnerships 57,282 51,230 138,592 54,322
Equity in income of investments in real estate partnerships 10,024 12,221 29,548 33,804
Income from operations 67,306 63,451 168,140 88,126
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 3,228 131 4,448 4,913
Net income 70,534 63,582 172,588 93,039
Noncontrolling interests:        
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable 147 132 358 217
Limited partners’ interests in consolidated partnerships (665) (637) (2,008) (1,884)
Income attributable to noncontrolling interests (812) (769) (2,366) (2,101)
Net income attributable to the Company 69,722 62,813 170,222 90,938
Preferred stock dividends and issuance costs 0 (3,147) 0 (16,128)
Net Income (Loss) Available to Common Stockholders, Basic $ 69,722 $ 59,666 $ 170,222 $ 74,810
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.41 $ 0.35 $ 1.00 $ 0.48
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.41 $ 0.35 $ 1.00 $ 0.48
Partnership Interest [Member]        
Revenues:        
Minimum rent $ 204,005 $ 195,393 $ 614,224 $ 532,625
Percentage rent 1,224 1,147 6,292 5,509
Revenue from Contract with Customer, Including Assessed Tax 66,127 59,554 194,900 162,089
Property Management Fee Revenue 6,954 6,047 20,999 19,353
Total revenues 278,310 262,141 836,415 719,576
Operating expenses:        
Depreciation and amortization 89,183 91,474 266,812 243,757
Operating and maintenance 40,557 38,020 124,924 103,888
General and administrative 17,564 15,199 51,947 49,618
Real estate taxes 35,129 29,315 97,096 79,636
Other operating expenses (note 2) 2,045 3,195 6,476 81,621
Total operating expenses 184,478 177,203 547,255 558,520
Other expense (income):        
Interest expense, net 36,618 34,679 111,477 97,285
Provision for impairment, net of tax 855 0 29,443 0
Gain (Loss) on Extinguishment of Debt 0 0 11,172 12,404
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss (923) (971) (1,524) (2,955)
Nonoperating Income (Expense) 36,550 33,708 150,568 106,734
Income from operations before equity in income of investments in real estate partnerships 57,282 51,230 138,592 54,322
Equity in income of investments in real estate partnerships 10,024 12,221 29,548 33,804
Income from operations 67,306 63,451 168,140 88,126
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 3,228 131 4,448 4,913
Net income 70,534 63,582 172,588 93,039
Noncontrolling interests:        
Limited partners’ interests in consolidated partnerships (665) (637) (2,008) (1,884)
Income attributable to noncontrolling interests (665) (637) (2,008) (1,884)
Net income attributable to the Company 69,869 62,945 170,580 91,155
Distributions Paid To Preferred Unit Holders 0 (3,147) 0 (16,128)
Net income attributable to common unit holders $ 69,869 $ 59,798 $ 170,580 $ 75,027
Income per common share/unit - basic:        
Continuing operations (in dollars per share) $ 0.41 $ 0.35 $ 1.00 $ 0.48
Income per common share/unit - diluted:        
Continuing operations (in dollars per share) $ 0.41 $ 0.35 $ 1.00 $ 0.48