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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Real estate properties, at cost:    
Land $ 1,472,184 $ 1,453,399
Buildings, improvements and equipment 5,853,908 5,445,710
Total real estate properties, gross 7,326,092 6,899,109
Accumulated depreciation (1,708,065) (1,551,160)
Total real estate properties, net 5,618,027 5,347,949
Cash and cash equivalents 17,118 20,049
Restricted cash (FF&E reserve escrow) 30,333 40,744
Other assets, net 236,387 226,383
Total assets 5,901,865 5,635,125
LIABILITIES AND SHAREHOLDERS' EQUITY    
Unsecured revolving credit facility 193,000 320,000
Unsecured term loan 400,000 400,000
Senior notes, net of discounts 2,295,027 1,993,880
Convertible senior notes, net of discount 8,478 8,478
Security deposits 28,023 26,577
Accounts payable and other liabilities 97,585 132,032
Due to related persons 15,187 13,696
Dividends payable 5,166 6,664
Total liabilities 3,042,466 2,901,327
Commitments and contingencies      
Preferred shares of beneficial interest, no par value, 100,000,000 shares authorized:    
Common shares of beneficial interest, $.01 par value; 200,000,000 shares authorized; 139,831,549 and 123,637,424 shares issued and outstanding, respectively 1,398 1,236
Additional paid in capital 3,847,958 3,458,144
Cumulative net income 2,485,302 2,384,876
Cumulative other comprehensive income 10,704 2,770
Cumulative preferred distributions (274,820) (253,426)
Cumulative common distributions (3,491,250) (3,301,782)
Total shareholders' equity 2,859,399 2,733,798
Total liabilities and shareholders' equity 5,901,865 5,635,125
Series C
   
Preferred shares of beneficial interest, no par value, 100,000,000 shares authorized:    
Preferred shares   161,873
Series D
   
Preferred shares of beneficial interest, no par value, 100,000,000 shares authorized:    
Preferred shares $ 280,107 $ 280,107