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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2015
Significant Accounting Policies  
Schedule of rollforward of noncontrolling interests

                                                                                                                                                                                    

 

 

For the Three
Months Ended
September 30,

 

For the Nine
Months
Ended
September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Noncontrolling nonredeemable (deficit) interests in properties, net — beginning of period

 

$

(411

)

$

(1,643

)

$

(229

)

$

4,264

 

Net income attributable to noncontrolling nonredeemable interests

 

 

840

 

 

750

 

 

2,138

 

 

1,720

 

Distributions to noncontrolling nonredeemable interestholders

 

 

(781

)

 

(509

)

 

(2,861

)

 

(18,116

)

Purchase and disposition of noncontrolling interests, net, and other

 

 

164

 

 

299

 

 

764

 

 

11,029

 

​  

​  

​  

​  

​  

​  

​  

​  

Noncontrolling nonredeemable (deficit) interests in properties, net — end of period

 

$

(188

)

$

(1,103

)

$

(188

)

$

(1,103

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of changes in components of accumulated other comprehensive income (loss) net of noncontrolling interest

 

            The changes in accumulated other comprehensive income (loss) by component consisted of the following as of September 30, 2015:

                                                                                                                                                                                    

 

 

Currency
translation
adjustments

 

Accumulated
derivative
losses, net

 

Net unrealized
gains on
marketable
securities

 

Total

 

Beginning balance

 

$

(129,554

)

$

(45,824

)

$

103,950

 

$

(71,428

)

Other comprehensive income (loss) before reclassifications

 

 

(144,826

)

 

12,455

 

 

(14,080

)

 

(146,451

)

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

 

 

8,097

 

 

(80,187

)

 

(72,090

)

​  

​  

​  

​  

​  

​  

​  

​  

Net current-period other comprehensive income (loss)

 

 

(144,826

)

 

20,552

 

 

(94,267

)

 

(218,541

)

​  

​  

​  

​  

​  

​  

​  

​  

Ending balance

 

$

(274,380

)

$

(25,272

)

$

9,683

 

$

(289,969

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

Schedule of reclassifications out of accumulated other comprehensive income (loss)

                                                                                                                                                                                    

 

 

September 30, 2015

 

September 30, 2014

 

 

 

 

Affected line item
in the statement
where net
income
is presented

Details about accumulated other
comprehensive income (loss)
components:

 

Amount reclassified
from accumulated
other comprehensive
income (loss)

 

Amount reclassified
from accumulated
other comprehensive
income (loss)

Accumulated derivative losses, net

 

$

(8,097

)

$

(7,947

)

Interest expense

​  

​  

​  

​  

 

 

$

(8,097

)

$

(7,947

)

 

​  

​  

​  

​  

​  

​  

​  

​  

Net unrealized gains on marketable securities

 

$

80,187

 

$

 

Other income

​  

​  

​  

​  

 

 

$

80,187

 

$

 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summarized financial information for discontinued operations

                                                                                                                                                                                    

 

 

Nine Months
Ended September 30, 2014

 

TOTAL REVENUE

 

$

262,652

 

Property operating

 

 

43,175

 

Depreciation and amortization

 

 

76,992

 

Real estate taxes

 

 

32,474

 

Repairs and maintenance

 

 

10,331

 

Advertising and promotion

 

 

3,340

 

Provision for credit losses

 

 

1,494

 

Other

 

 

2,028

 

​  

​  

Total operating expenses

 

 

169,834

 

OPERATING INCOME

 

 

92,818

 

Interest expense

 

 

(26,076


)

Income and other taxes

 

 

(112

)

Income from unconsolidated entities

 

 

652

 

Gain upon acquisition of controlling interests and sale or disposal of assets and interest in unconsolidated entities, net

 

 

242

 

​  

​  

CONSOLIDATED NET INCOME

 

 

67,524

 

Net income attributable to noncontrolling interests

 

 

9,781

 

​  

​  

NET INCOME ATTRIBUTABLE TO UNITHOLDERS

 

$

57,743

 

​  

​  

​  

​