XML 91 R69.htm IDEA: XBRL DOCUMENT v3.5.0.2
Business Segments - Segment Reporting, Reconciliation of Revenues, Operating Income and Assets (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Segment Reporting Information [Line Items]            
Total revenues $ 602,155 $ 510,404 $ 1,208,455 $ 973,251    
Consolidated net earnings 142,348 87,348 271,546 171,229    
General and administrative expenses (56,934) (51,974) (107,477) (103,280)    
Depreciation and amortization expenses (230,382) (190,188) (480,382) (359,996)    
Earnings from unconsolidated entities, net 41,454 41,784 99,765 72,826    
Interest expense (76,455) (68,902) (157,267) (137,663)    
Interest and other income, net 1,527 1,847 4,118 12,896    
Gains on dispositions of investments in real estate, net 200,350 108,782 344,667 386,497    
Foreign currency and derivative gains (losses), net (10,335) (25,512) (24,546) 9,054    
Gains (losses) on early extinguishment of debt, net 2,044 (236) 992 (16,525)    
Consolidated net earnings (loss) 158,585 57,763 267,729 327,085    
Earnings before income taxes 300,933 145,111 539,275 498,314    
Total assets 30,745,934   30,745,934   $ 31,394,767  
Investments in and advances to unconsolidated entities 4,483,804   4,483,804   4,755,620  
Assets held for sale or contribution 393,434   393,434   378,423  
Notes receivable backed by real estate 33,800   33,800   235,050  
Cash and cash equivalents 332,221 351,025 332,221 351,025 264,080 $ 350,692
Other assets 1,467,463   1,467,463   1,514,510  
Operating Segments [Member]            
Segment Reporting Information [Line Items]            
Total revenues 602,155 510,404 1,208,455 973,251    
Consolidated net earnings 429,664 329,510 859,405 634,505    
Total assets 25,247,167   25,247,167   25,470,558  
Operating Segments [Member] | Real Estate Operations [Member]            
Segment Reporting Information [Line Items]            
Total revenues 550,833 463,358 1,107,467 884,180    
Consolidated net earnings 406,208 307,411 811,576 595,563    
Total assets 25,176,895   25,176,895   25,399,230  
Operating Segments [Member] | Strategic Capital [Member]            
Segment Reporting Information [Line Items]            
Total revenues 51,322 47,046 100,988 89,071    
Consolidated net earnings 23,456 22,099 47,829 38,942    
Total assets 70,272   70,272   71,328  
Operating Segments [Member] | U.S. [Member] | Real Estate Operations [Member]            
Segment Reporting Information [Line Items]            
Total revenues 501,707 418,494 1,012,864 794,692    
Consolidated net earnings 369,785 278,128 745,503 537,706    
Total assets 21,377,414   21,377,414   22,030,457  
Operating Segments [Member] | U.S. [Member] | Strategic Capital [Member]            
Segment Reporting Information [Line Items]            
Total revenues 9,580 10,103 18,936 19,460    
Consolidated net earnings 827 1,429 2,536 3,009    
Total assets 18,727   18,727   19,363  
Operating Segments [Member] | Other Americas [Member] | Real Estate Operations [Member]            
Segment Reporting Information [Line Items]            
Total revenues 15,083 13,835 29,039 28,267    
Consolidated net earnings 10,517 8,930 18,731 18,773    
Total assets 1,023,165   1,023,165   919,381  
Operating Segments [Member] | Other Americas [Member] | Strategic Capital [Member]            
Segment Reporting Information [Line Items]            
Total revenues 5,693 7,013 11,058 12,582    
Consolidated net earnings 3,052 4,825 6,167 7,758    
Operating Segments [Member] | Europe [Member] | Real Estate Operations [Member]            
Segment Reporting Information [Line Items]            
Total revenues 19,540 16,681 36,329 35,450    
Consolidated net earnings 15,335 10,143 26,954 21,081    
Total assets 1,424,352   1,424,352   1,291,991  
Operating Segments [Member] | Europe [Member] | Strategic Capital [Member]            
Segment Reporting Information [Line Items]            
Total revenues 25,519 21,001 47,788 39,394    
Consolidated net earnings 18,443 14,330 33,749 26,125    
Total assets 49,636   49,636   49,960  
Operating Segments [Member] | Asia [Member] | Real Estate Operations [Member]            
Segment Reporting Information [Line Items]            
Total revenues 14,503 14,348 29,235 25,771    
Consolidated net earnings 10,571 10,210 20,388 18,003    
Total assets 1,351,964   1,351,964   1,157,401  
Operating Segments [Member] | Asia [Member] | Strategic Capital [Member]            
Segment Reporting Information [Line Items]            
Total revenues 10,530 8,929 23,206 17,635    
Consolidated net earnings 1,134 1,515 5,377 2,050    
Total assets 1,909   1,909   2,005  
Reconciling Items [Member]            
Segment Reporting Information [Line Items]            
General and administrative expenses (56,934) (51,974) (107,477) (103,280)    
Depreciation and amortization expenses (230,382) (190,188) (480,382) (359,996)    
Earnings from unconsolidated entities, net 41,454 41,784 99,765 72,826    
Interest expense (76,455) (68,902) (157,267) (137,663)    
Interest and other income, net 1,527 1,847 4,118 12,896    
Gains on dispositions of investments in real estate, net 200,350 108,782 344,667 386,497    
Foreign currency and derivative gains (losses), net (10,335) (25,512) (24,546) 9,054    
Gains (losses) on early extinguishment of debt, net 2,044 (236) 992 (16,525)    
Consolidated net earnings (loss) (128,731) $ (184,399) (320,130) $ (136,191)    
Total assets 5,498,767   5,498,767   5,924,209  
Investments in and advances to unconsolidated entities 4,483,804   4,483,804   4,755,620  
Assets held for sale or contribution 393,434   393,434   378,423  
Notes receivable backed by real estate 33,800   33,800   235,050  
Cash and cash equivalents 332,221   332,221   264,080  
Other assets $ 255,508   $ 255,508   $ 291,036