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Condensed Consolidated Statements of Equity (USD $)
In Thousands, unless otherwise specified
Total
USD ($)
Class A common stock
Common stock
Class A common stock
USD ($)
Common stock
Class B common stock
USD ($)
Additional paid-in capital
USD ($)
Accumulated distributions in excess of earnings
USD ($)
Accumulated other comprehensive income
USD ($)
Total Shareholders' Equity
USD ($)
Noncontrolling interests
USD ($)
Balance at Dec. 31, 2010 $ 2,296,065   $ 47 $ 144 $ 4,383,567 $ (2,111,138) $ 22,282 $ 2,294,902 $ 1,163
Balance (in shares) at Dec. 31, 2010     47,734 143,204          
Increase (Decrease) in Shareholders' Equity                  
Net loss (excluding net income of $23 attributable to redeemable noncontrolling interests) (58,772)         (58,772)   (58,772)  
Distribution upon dissolution of partnership (8,484)         (8,483)   (8,483) (1)
Net unrealized (loss) gain on derivative instruments 971           971 971  
Net unrealized gain (loss) on marketable securities (3,843)           (3,843) (3,843)  
Reversal of unrealized gain to recognized gain on marketable securities (277)           (277) (277)  
Contributions from noncontrolling interests 332               332
Distributions declared ($0.50 and $0.30 per weighted average number of common shares outstanding for the nine months ended September 30, 2012 and 2011, respectively) (58,464)         (58,464)   (58,464)  
Distribution reinvestment program (DRP) 32,754     2 32,752     32,754  
Distribution reinvestment program (DRP) (in shares)     478 1,434          
Issuance of restricted common stock (in shares)     4 10          
Stock based compensation expense 87       87     87  
Balance at Sep. 30, 2011 2,200,369   47 146 4,416,406 (2,236,857) 19,133 2,198,875 1,494
Balance (in shares) at Sep. 30, 2011     48,216 144,648          
Balance at Dec. 31, 2011 2,136,518   48 146 4,427,977 (2,312,877) 19,730 2,135,024 1,494
Balance (in shares) at Dec. 31, 2011   48,382 48,382 145,147          
Increase (Decrease) in Shareholders' Equity                  
Net loss (excluding net income of $23 attributable to redeemable noncontrolling interests) (14,564)         (14,564)   (14,564)  
Net unrealized (loss) gain on derivative instruments (591)           (591) (591)  
Net unrealized gain (loss) on marketable securities 5,070           5,070 5,070  
Reversal of unrealized gain to recognized gain on marketable securities (16,373)           (16,373) (16,373)  
Distributions declared ($0.50 and $0.30 per weighted average number of common shares outstanding for the nine months ended September 30, 2012 and 2011, respectively) (108,569)         (108,569)   (108,569)  
Issuance of common stock, net of offering costs 266,491   37   266,454     266,491  
Issuance of common stock, net of offering costs (in shares)     36,570            
Redemption of fractional shares of common stock (1,253)       (1,253)     (1,253)  
Redemption of fractional shares of common stock (in shares)     (39) (118)          
Distribution reinvestment program (DRP) 11,626       11,626     11,626  
Distribution reinvestment program (DRP) (in shares)     167 502          
Issuance of restricted common stock (in shares)     8 24          
Stock based compensation expense 220       220     220  
Balance at Sep. 30, 2012 $ 2,278,575   $ 85 $ 146 $ 4,705,024 $ (2,436,010) $ 7,836 $ 2,277,081 $ 1,494
Balance (in shares) at Sep. 30, 2012   85,088 85,088 145,555