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SEGMENT INFORMATION (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
segment
Jun. 30, 2012
Dec. 31, 2012
SEGMENT INFORMATION          
Number of reportable segments     3    
Balance Sheet          
Investments in unconsolidated real estate ventures $ 101,698   $ 101,698   $ 106,313
Total assets 3,432,616   3,432,616   3,223,477
Statement of Operations          
Total revenues 126,246 94,951 245,568 185,938  
Operating expenses, including depreciation and amortization 72,871 57,076 145,464 115,293  
Income (loss) from operations 53,375 37,875 100,104 70,645  
Gain on sale of real estate assets 800   800    
Interest expense (18,362) (15,854) (35,728) (33,925)  
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes (113)   (113) (444)  
Interest income 133 448 317 723  
Interest income on note receivable from Preferred Operating Partnership unit holder 1,212 1,212 2,425 2,425  
Equity in earnings of unconsolidated real estate ventures 2,914 2,698 5,537 4,994  
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of partners' interests     2,556 5,429  
Income tax expense (2,858) (1,634) (4,866) (2,584)  
Net income 37,101 24,745 71,032 47,263  
Depreciation and amortization expense          
Total depreciation and amortization expense 22,785 16,626 45,810 33,150  
Rental operations
         
Balance Sheet          
Investments in unconsolidated real estate ventures 101,698   101,698   106,313
Total assets 3,024,448   3,024,448   2,981,927
Statement of Operations          
Total revenues 107,340 79,284 210,263 155,128  
Operating expenses, including depreciation and amortization 54,904 41,701 110,872 83,826  
Income (loss) from operations 52,436 37,583 99,391 71,302  
Gain on sale of real estate assets 800   800    
Interest expense (18,069) (15,590) (35,049) (33,374)  
Equity in earnings of unconsolidated real estate ventures 2,914 2,698 5,537 4,994  
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of partners' interests     2,556 5,429  
Net income 38,081 24,691 73,235 48,351  
Depreciation and amortization expense          
Total depreciation and amortization expense 21,442 15,689 42,973 31,218  
Tenant reinsurance
         
Balance Sheet          
Total assets 34,524   34,524   27,645
Statement of Operations          
Total revenues 12,110 9,008 22,331 17,565  
Operating expenses, including depreciation and amortization 2,202 1,424 4,112 3,272  
Income (loss) from operations 9,908 7,584 18,219 14,293  
Interest income 4 3 8 6  
Income tax expense (6,379) (2,655) (9,245) (5,005)  
Net income 3,533 4,932 8,982 9,294  
Property management, acquisition and development
         
Balance Sheet          
Total assets 373,644   373,644   213,905
Statement of Operations          
Total revenues 6,796 6,659 12,974 13,245  
Operating expenses, including depreciation and amortization 15,765 13,951 30,480 28,195  
Income (loss) from operations (8,969) (7,292) (17,506) (14,950)  
Interest expense (293) (264) (679) (551)  
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes (113)   (113) (444)  
Interest income 129 445 309 717  
Interest income on note receivable from Preferred Operating Partnership unit holder 1,212 1,212 2,425 2,425  
Income tax expense 3,521 1,021 4,379 2,421  
Net income (4,513) (4,878) (11,185) (10,382)  
Depreciation and amortization expense          
Total depreciation and amortization expense $ 1,343 $ 937 $ 2,837 $ 1,932