XML 47 R33.htm IDEA: XBRL DOCUMENT v3.3.1.900
Organization, Basis of Presentation, and Significant Accounting Policies (Details 2) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Accounting Policies [Abstract]                      
Minimum distribution of adjusted taxable income for deducting dividends from federally taxable income (as a percent)                 90.00%    
Minimum distribution of REIT taxable income for federal income tax exemption (as a percent)                 100.00%    
Income Taxes [Line Items]                      
Unrecognized tax benefits $ 0       $ 0       $ 0 $ 0  
Excise and Sales Taxes                 0 0 $ 0
Excise Tax Refund 0       0       0 0 0
Income tax expense                 1,861 9,368 0
Casualty (gain) loss and impairment loss, net                 (10,542) 0 0
Other than Temporary Impairment Losses, Investments                 0 0 0
Reconciliation of Income from Book Basis to Tax Basis Adjustment                      
Net income attributable to common stockholders 155,428 $ 206,142 $ 172,324 $ 208,144 142,642 $ 241,100 $ 158,086 $ 141,739 742,038 683,567 353,141
GAAP gain on sale of communities (in excess of) less than tax gain                 (43,873) 22,127 29,388
Depreciation/amortization timing differences on real estate                 (3,105) (10,735) 180,293
Deductible acquisition costs                 0 0 (26,427)
Amortization of debt/mark to market interest                 (64,676) (38,202) (31,965)
Tax compensation expense less than (in excess of) GAAP                 (5,696) (5,252) 12,886
Casualty (gain) loss and impairment loss, net                 (10,542) 0 0
Other adjustments                 (38,553) 14,323 1,018
Taxable net income                 $ 575,593 $ 665,828 $ 518,334
Tax components of common stock dividends declared                      
Ordinary income (as a percent)                 83.00% 62.00% 42.00%
15% capital gain (20% for 2013) (as a percent)                 12.00% 29.00% 40.00%
Capital gain tax rate (as a percent)                 20.00% 20.00% 20.00%
Unrecaptured 1250 gain (as a percent)                 5.00% 9.00% 18.00%
Unsecured notes                      
Deferred Financing Costs                      
Accumulated amortization of deferred finance costs 11,995       8,833       $ 11,995 $ 8,833  
Secured notes                      
Deferred Financing Costs                      
Accumulated amortization of deferred finance costs 12,315       12,255       12,315 12,255  
Line of Credit [Member]                      
Deferred Financing Costs                      
Accumulated amortization of deferred finance costs $ 4,967       $ 3,356       $ 4,967 $ 3,356