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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Rental properties:    
Land and land improvements $ 860,661 $ 802,325
Buildings and improvements 3,452,403 3,162,236
Total Rental Properties 4,313,064 3,964,561
Less: accumulated depreciation (920,026) (775,553)
Net Real Estate 3,393,038 3,189,008
Real estate under development 44,280 217,531
Co-investments 383,412 107,840
Total Real Estate 3,820,730 3,514,379
Cash and cash equivalents-unrestricted 12,889 13,753
Cash and cash equivalents-restricted 22,574 21,941
Marketable securities 74,275 92,310
Notes and other receivables 66,369 49,444
Prepaid expenses and other assets 22,682 25,188
Deferred charges, net 17,445 15,872
Total assets 4,036,964 3,732,887
LIABILITIES AND STOCKHOLDERS' EQUITY AND NONCONTROLLING INTEREST    
Mortgage notes payable 1,745,858 1,832,745
Unsecured debt 465,000 0
Lines of credit 150,000 426,000
Accounts payable and accrued liabilities 48,324 44,750
Construction payable 6,505 9,023
Dividends payable 39,611 36,405
Derivative liabilities 3,061 5,633
Other liabilities 20,528 18,968
Total liabilities 2,478,887 2,373,524
Cumulative convertible preferred stock; $0001 par value:    
4.875% Series G - 5,890,000 issued, and 178,249 outstanding 4,349 4,349
Stockholders' equity and noncontrolling interest:    
Common stock; $0001 par value, 656,020,000 shares authorized;33,888,082 and 31,324,808 shares issued and outstanding 3 3
Cumulative redeemable preferred stock at liquidation value 73,750 25,000
Excess stock, $0001 par value, 330,000,000 shares authorized and no shares issued or outstanding 0 0
Additional paid-in capital 1,844,611 1,515,468
Distributions in excess of accumulated earnings (408,066) (313,308)
Accumulated other comprehensive (loss) income (72,771) (77,217)
Total stockholders' equity 1,437,527 1,149,946
Noncontrolling interest 116,201 205,068
Total equity 1,553,728 1,355,014
Total liabilities and equity $ 4,036,964 $ 3,732,887