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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES:        
Minimum rents $ 170,185 $ 164,613 $ 340,663 $ 322,123
Percentage rents 2,376 1,756 7,291 5,208
Other rents 4,698 4,664 9,995 9,950
Management, development and leasing fees 2,849 1,967 5,924 4,436
Tenant reimbursements 72,576 70,994 146,935 140,686
Other 9,753 7,850 17,606 15,910
Total revenues 262,437 251,844 528,414 498,313
OPERATING EXPENSES:        
Property operating 35,098 35,491 76,176 72,356
Depreciation and amortization 70,515 67,156 142,070 129,414
Real estate taxes 22,013 23,211 45,055 45,540
Maintenance and repairs 13,772 13,034 28,463 25,791
General and administrative 12,875 11,993 26,299 25,793
Loss on impairment 21,038 0 21,038 0
Other 8,190 6,559 14,846 13,317
Total operating expenses 183,501 157,444 353,947 312,211
Income from operations 78,936 94,400 174,467 186,102
Interest and other income 661 1,295 1,388 2,370
Interest expense (57,205) (61,400) (117,033) (121,231)
Loss on extinguishment of debt (9,108) 0 (9,108) 0
Gain on sales of real estate assets 457 0 1,000 94
Gain on investments 2,400 0 2,400 0
Equity in earnings of unconsolidated affiliates 2,729 2,073 5,348 3,339
Income tax (provision) benefit (757) (267) (583) (39)
Income (loss) from continuing operations 18,113 36,101 57,879 70,635
Operating income (loss) of discontinued operations 35 3,308 (627) 4,414
Gain on (loss) discontinued operations 91 (16) 872 895
Net income 18,239 39,393 58,124 75,944
Net (income) loss attributable to noncontrolling interests in:        
Operating partnership (36) (5,197) (3,527) (9,559)
Net Income (Loss) Attributable to Noncontrolling Interest (6,479) (4,805) (12,560) (10,945)
Net income (loss) attributable to the Company 11,724 29,391 42,037 55,440
Preferred dividends (11,223) (10,594) (22,446) (21,188)
Net income (loss) attributable to common shareholders 501 18,797 19,591 34,252
Basic per share data attributable to common shareholders:        
Income (loss) from continuing operations, net of preferred dividends $ 0.00 $ 0.11 $ 0.12 $ 0.20
Discontinued operations $ 0.00 $ 0.01 $ 0.00 $ 0.03
Net income (loss) attributable to common shareholders $ 0.00 $ 0.12 $ 0.12 $ 0.23
Weighted average common shares outstanding 166,607 150,913 164,088 149,704
Diluted earnings per share data attributable to common shareholders:        
Income (loss) from continuing operations, net of preferred dividends $ 0.00 $ 0.11 $ 0.12 $ 0.20
Discontinued operations $ 0.00 $ 0.01 $ 0.00 $ 0.03
Net income (loss) attributable to common shareholders $ 0.00 $ 0.12 $ 0.12 $ 0.23
Weighted average common and potential dilutive common shares outstanding 166,607 150,954 164,088 149,746
Amounts attributable to common shareholders:        
Income (loss) rom continuing operations, net of preferred dividends 394 16,184 19,383 30,071
Discontinued operations 107 2,613 208 4,181
Net income (loss) attributable to common shareholders $ 501 $ 18,797 $ 19,591 $ 34,252
Dividends declared per common share $ 0.23 $ 0.22 $ 0.46 $ 0.44