XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Real estate properties, at cost:    
Land $ 1,485,077 $ 1,470,513
Buildings, improvements and equipment 6,073,936 5,946,852
Total real estate properties, gross 7,559,013 7,417,365
Accumulated depreciation (1,865,135) (1,757,151)
Total real estate properties, net 5,693,878 5,660,214
Cash and cash equivalents 15,520 22,500
Restricted cash (FF&E reserve escrow) 29,239 30,873
Due from related persons 39,251 38,064
Other assets, net 211,037 215,893
Total assets 5,988,925 5,967,544
LIABILITIES AND SHAREHOLDERS' EQUITY    
Unsecured revolving credit facility 40,000  
Unsecured term loan 400,000 400,000
Senior notes, net of discounts 2,345,527 2,295,527
Convertible senior notes 8,478 8,478
Security deposits 32,979 27,876
Accounts payable and other liabilities 112,836 130,448
Due to related persons 19,155 13,194
Dividends payable 5,166 5,166
Total liabilities 2,964,141 2,880,689
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; 149,775,483 and 149,606,024 shares issued and outstanding, respectively 1,498 1,496
Additional paid in capital 4,114,477 4,109,600
Cumulative net income 2,609,519 2,518,054
Cumulative other comprehensive income 13,053 15,952
Cumulative preferred distributions (290,317) (279,985)
Cumulative common distributions (3,703,553) (3,558,369)
Total shareholders' equity 3,024,784 3,086,855
Total liabilities and shareholders' equity 5,988,925 5,967,544
Series D
   
Preferred shares of beneficial interest, no par value, 100,000,000 shares authorized:    
Preferred shares $ 280,107 $ 280,107