XML 28 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Segment
Jun. 30, 2013
Dec. 31, 2013
Segment Information [Abstract]          
Number of reportable operating segments defined by geographical regions     3    
Revenues from External Customers and Long-Lived Assets [Line Items]          
Property revenues $ 256,614 $ 148,781 $ 415,631 $ 293,839  
Net operating income 173,394 100,485 280,439 199,216  
Management and other fees 2,836 2,034 4,495 4,041  
Depreciation (97,510) (47,673) (147,822) (94,459)  
General and administrative (9,558) (6,589) (17,142) (13,588)  
Merger expenses (26,497) 0 (42,556)    
Acquisition and disposition costs (529) (168) (1,504) (555)  
Interest expense (42,151) (29,327) (71,192) (57,468)  
Interest and other income 2,814 1,917 5,693 6,939  
Equity income from co-investments 5,629 7,282 16,155 11,493  
Gain on early retirement of debt 0 1,024 0 1,024  
Gains on sale of real estate and land 0 0 8,268 1,503  
Income from continuing operations 8,428 28,985 34,834 58,146  
Net reportable operating segment - real estate assets 9,487,587   9,487,587   4,188,871
Real estate under development 422,372   422,372   50,430
Co-investments 964,970   964,970   677,133
Real Estate Held-for-sale 107,772   107,772   0
Cash and cash equivalents, including restricted cash 47,538   47,538   53,766
Marketable securities 106,358   106,358   90,084
Notes and other receivables 66,522   66,522   68,255
Other non-segment assets 145,244   145,244   58,300
Total assets 11,348,363   11,348,363   5,186,839
Other Real Estate Assets [Member]
         
Revenues from External Customers and Long-Lived Assets [Line Items]          
Property revenues 9,191 4,109 12,935 7,906  
Net operating income 7,477 2,917 8,056 5,659  
Net reportable operating segment - real estate assets 153,677   153,677   86,745
Reportable Geographical Components [Member] | Southern California [Member]
         
Revenues from External Customers and Long-Lived Assets [Line Items]          
Property revenues 114,843 65,103 184,530 129,843  
Net operating income 75,330 43,696 122,397 87,405  
Net reportable operating segment - real estate assets 4,348,186   4,348,186   1,746,434
Reportable Geographical Components [Member] | Northern California [Member]
         
Revenues from External Customers and Long-Lived Assets [Line Items]          
Property revenues 88,198 53,089 145,143 103,859  
Net operating income 61,223 36,462 101,577 71,746  
Net reportable operating segment - real estate assets 3,403,553   3,403,553   1,614,159
Reportable Geographical Components [Member] | Seattle Metro [Member]
         
Revenues from External Customers and Long-Lived Assets [Line Items]          
Property revenues 44,382 26,480 73,023 52,231  
Net operating income 29,364 17,410 48,409 34,406  
Net reportable operating segment - real estate assets $ 1,582,171   $ 1,582,171   $ 741,533