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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 161,673 $ 554,839 $ 522,912
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on extinguishment of debt, net 0 (1,709) (1,487)
Gain on sale or write down of assets, net (42,446) (415,348) (378,248)
Gain on remeasurement of assets 0 0 (22,089)
Depreciation and amortization 341,275 355,358 471,320
Amortization of net premium on mortgage notes payable (3,277) (4,048) (20,232)
Amortization of share and unit-based plans 30,799 33,288 28,367
Straight-line rent adjustment (8,597) (5,237) (7,192)
Amortization of above and below-market leases (964) (12,815) (16,510)
Provision for doubtful accounts 4,314 3,586 4,698
Income tax expense (benefit) 15,594 722 (3,223)
Equity in income of unconsolidated joint ventures (85,546) (56,941) (45,164)
Co-venture expense 13,629 13,382 11,804
Distributions of income from unconsolidated joint ventures 463 7,248 4,541
Changes in assets and liabilities, net of acquisitions and dispositions:      
Tenant and other receivables (6,508) (7,585) 1,908
Other assets (4,414) (20,033) 13,892
Due from affiliates (13,982) 15,983 (7,025)
Accounts payable and accrued expenses (5,822) (8,929) (4,014)
Other accrued liabilities (9,802) (22,227) 698
Net cash provided by operating activities 386,389 429,534 554,956
Cash flows from investing activities:      
Acquisition of properties 0 0 (26,250)
Development, redevelopment, expansion and renovation of properties (160,343) (211,616) (272,334)
Property improvements (41,807) (47,863) (53,335)
Proceeds from repayment of notes receivable 7,073 3,677 1,833
Deposit on acquisition of property 0 0 (12,500)
Deferred leasing costs (31,655) (28,074) (33,902)
Distributions from unconsolidated joint ventures 267,964 444,095 105,640
Contributions to unconsolidated joint ventures (117,538) (430,428) (426,186)
Proceeds from sale of assets 255,294 724,275 646,898
Restricted cash (2,116) (10,953) (30,888)
Net cash provided by (used in) investing activities 176,872 443,113 (101,024)
Cash flows from financing activities:      
Proceeds from mortgages, bank and other notes payable 1,430,000 3,201,138 4,080,671
Payments on mortgages, bank and other notes payable (1,219,728) (2,437,891) (3,284,213)
Deferred financing costs (8,500) (10,584) (11,805)
Payment of finance deposits, net of refunds received 0 0 (11,138)
Payment of debt extinguishment costs 0 (12,028) (14,579)
Proceeds from share and unit-based plans 1,868 1,697 1,512
Stock repurchases (221,428) (800,018) (400,144)
Redemption of noncontrolling interests (920) (30) (456)
Contributions from noncontrolling interests 30 90 23
Purchase of noncontrolling interest 0 0 (1,593)
Settlement of contingent consideration 0 (10,012) 0
Dividends and distributions (443,839) (779,308) (787,109)
Distributions to co-venture partner (103,752) (18,165) (23,498)
Net cash used in financing activities (566,269) (865,111) (452,329)
Net (decrease) increase in cash and cash equivalents (3,008) 7,536 1,603
Cash and cash equivalents, beginning of year 94,046 86,510 84,907
Cash and cash equivalents, end of year 91,038 94,046 86,510
Supplemental cash flow information:      
Cash payments for interest, net of amounts capitalized 168,493 153,838 231,106
Non-cash investing and financing activities:      
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 43,726 49,484 52,983
Conversion of Operating Partnership Units to common stock 16,797 12,448 1,559
Accrued dividend 0 0 337,703
Mortgage notes payable settled by deed-in-lieu of foreclosure 0 37,000 34,149
Mortgage notes payable assumed by buyer in exchange for investment in unconsolidated joint venture 0 997,695 1,782,455
Acquisition of property in exchange for investment in unconsolidated joint venture 0 0 76,250
Assumption of mortgage notes payable and other liabilities from unconsolidated joint ventures $ 0 $ 0 $ 50,000