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Consolidated Statements of Equity (USD $)
In Thousands, unless otherwise specified
Total
USD ($)
Class A common stock
Total shareholders' equity
USD ($)
Common stock
Class A common stock
USD ($)
Common stock
Class B common stock
USD ($)
Additional paid-in capital
USD ($)
Accumulated distributions in excess of earnings
USD ($)
Accumulated other comprehensive income
USD ($)
Noncontrolling interests
USD ($)
Balance at Dec. 31, 2008 $ 2,576,071   $ 2,572,348 $ 48 $ 143 $ 4,313,449 $ (1,733,341) $ (7,951) $ 3,723
Balance (in shares) at Dec. 31, 2008       47,757 143,269        
Increase (Decrease) in Shareholders' Equity                  
Net (loss) income (excluding net income (loss) of $31, $31 and $(3,332) attributable to redeemable noncontrolling interests for December 31, 2011, 2010 and 2009, respectively) (112,077)   (112,335)       (112,335)   258
Net unrealized gain on derivative instruments 1,696   1,696         1,696  
Net unrealized (loss) gain on marketable securities 35,594   35,594         35,594  
Reversal of unrealized gain to recognized gain on marketable securities, net (18,039)   (18,039)         (18,039)  
Contributions from noncontrolling interests 188               188
Distributions declared ($0.63, $0.49 and $0.39 per weighted average number of common shares outstanding for December 31, 2011, 2010 and 2009, respectively) (75,040)   (75,040)       (75,040)    
Distribution reinvestment program (DRP) 37,302   37,302   2 37,300      
Distribution reinvestment program (DRP) (in shares)       417 1,254        
Shares returned from litigation settlement (in shares) 0                
Stock based compensation expense 24   24     24      
Balance at Dec. 31, 2009 2,445,719   2,441,550 48 145 4,350,773 (1,920,716) 11,300 4,169
Balance (in shares) at Dec. 31, 2009       48,174 144,523        
Increase (Decrease) in Shareholders' Equity                  
Net (loss) income (excluding net income (loss) of $31, $31 and $(3,332) attributable to redeemable noncontrolling interests for December 31, 2011, 2010 and 2009, respectively) (94,738)   (95,843)       (95,843)   1,105
Net unrealized gain on derivative instruments 1,247   1,247         1,247  
Net unrealized (loss) gain on marketable securities 13,742   13,742         13,742  
Reversal of unrealized gain to recognized gain on marketable securities, net (4,007)   (4,007)         (4,007)  
Contributions from noncontrolling interests 151               151
De-consolidation of variable interest entity (4,262)               (4,262)
Distributions declared ($0.63, $0.49 and $0.39 per weighted average number of common shares outstanding for December 31, 2011, 2010 and 2009, respectively) (94,579)   (94,579)       (94,579)    
Distribution reinvestment program (DRP) 32,731   32,731   2 32,729      
Distribution reinvestment program (DRP) (in shares)       460 1,380        
Shares returned from litigation settlement       (1) (3) 4      
Shares returned from litigation settlement (in shares) (3,600)     (900) (2,700)        
Exercise of stock options 13   13     13      
Exercise of stock options (in shares)         1        
Stock based compensation expense 48   48     48      
Balance at Dec. 31, 2010 2,296,065   2,294,902 47 144 4,383,567 (2,111,138) 22,282 1,163
Balance (in shares) at Dec. 31, 2010   47,734   47,734 143,204        
Increase (Decrease) in Shareholders' Equity                  
Net (loss) income (excluding net income (loss) of $31, $31 and $(3,332) attributable to redeemable noncontrolling interests for December 31, 2011, 2010 and 2009, respectively) (72,609)   (72,609)       (72,609)    
Distribution upon dissolution of partnership (8,484)   (8,483)       (8,483)   (1)
Net unrealized gain on derivative instruments 1,211   1,211         1,211  
Net unrealized (loss) gain on marketable securities (3,486)   (3,486)         (3,486)  
Reversal of unrealized gain to recognized gain on marketable securities, net (277)   (277)         (277)  
Contributions from noncontrolling interests 332               332
Distributions declared ($0.63, $0.49 and $0.39 per weighted average number of common shares outstanding for December 31, 2011, 2010 and 2009, respectively) (120,647)   (120,647)       (120,647)    
Distribution reinvestment program (DRP) 44,296   44,296 1 2 44,293      
Distribution reinvestment program (DRP) (in shares)       644 1,933        
Shares returned from litigation settlement (in shares) 0                
Issuance of restricted common stock (in shares)       4 10        
Amortization of equity awards 54   54     54      
Stock based compensation expense 63   63     63      
Balance at Dec. 31, 2011 $ 2,136,518   $ 2,135,024 $ 48 $ 146 $ 4,427,977 $ (2,312,877) $ 19,730 $ 1,494
Balance (in shares) at Dec. 31, 2011   48,382   48,382 145,147