XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue:    
Rental and other income $ 249,905 $ 226,210
Management, development and other fees 2,549 2,320
Total revenue 252,454 228,530
Expenses:    
Operating expenses, excluding property taxes 65,905 63,767
Property taxes 24,530 24,140
Interest expense, net 33,626 42,971
Loss on extinguishment of debt 1,179  
Depreciation expense 62,991 59,650
General and administrative expense 9,710 7,292
Total expenses 197,941 197,820
Equity in income of unconsolidated entities 2,175 503
Income from continuing operations 56,688 31,213
Discontinued operations:    
Income (loss) from discontinued operations 921 (676)
Total discontinued operations 921 (676)
Net income 57,609 30,537
Net (income) loss attributable to noncontrolling interests 149 (196)
Net income attributable to common stockholders 57,758 30,341
Other comprehensive income:    
Unrealized gain (loss) on cash flow hedges 11,008 (84)
Comprehensive income $ 68,766 $ 30,257
Earnings per common share - basic:    
Income from continuing operations attributable to common stockholders (in dollars per share) $ 0.60 $ 0.36
Discontinued operations attributable to common stockholders (in dollars per share) $ 0.01 $ (0.01)
Net income attributable to common stockholders (in dollars per share) $ 0.61 $ 0.35
Earnings per common share - diluted:    
Income from continuing operations attributable to common stockholders (in dollars per share) $ 0.59 $ 0.36
Discontinued operations attributable to common stockholders (in dollars per share) $ 0.01 $ (0.01)
Net income attributable to common stockholders (in dollars per share) $ 0.60 $ 0.35
Dividends per common share: (in dollars per share) $ 0.9700 $ 0.8925