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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,398,000 $ 114,408,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 194,541,000 198,143,000
Real estate impairment loss 46,000,000  
Straight-lining of rental income (45,671,000) (43,529,000)
Gain on sale of real estate (36,845,000) (133,989,000)
Amortization of stock-based compensation expense 15,245,000 11,692,000
Amortization of above and below-market leases, net (12,611,000) (14,164,000)
Amortization of deferred financing costs 8,267,000 8,367,000
Income from unconsolidated joint ventures (2,931,000) (19,143,000)
Distributions of earnings from unconsolidated joint ventures 4,910,000 3,380,000
Realized and unrealized gains on marketable securities (802,000) (3,198,000)
Loss from unconsolidated real estate funds 268,000 6,053,000
Distributions of earnings from unconsolidated real estate funds 232,000 275,000
Valuation allowance on preferred equity investment   19,588,000
Loss on early extinguishment of debt   7,877,000
Unrealized gain on interest rate swaps   (1,802,000)
Other non-cash adjustments 308,000 (1,104,000)
Changes in operating assets and liabilities:    
Accounts and other receivables 877,000 2,260,000
Deferred charges (20,637,000) (25,429,000)
Other assets (31,148,000) (18,094,000)
Accounts payable and accrued expenses 700,000 (10,710,000)
Other liabilities 3,067,000 1,190,000
Net cash provided by operating activities 134,168,000 102,071,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of real estate 349,013,000 540,333,000
Additions to real estate (85,621,000) (59,255,000)
Investments in unconsolidated joint ventures (25,491,000) (28,886,000)
Sales of marketable securities 16,352,000 25,855,000
Purchases of marketable securities (13,192,000) (28,133,000)
Escrow deposits and loans receivable for Residential Development Fund (15,680,000)  
Contributions of capital to unconsolidated real estate funds (2,254,000) (790,000)
Distributions of capital from unconsolidated joint ventures   20,000,000
Acquisitions of real estate   (161,184,000)
Distributions of capital from unconsolidated real estate funds   13,849,000
Net cash provided by investing activities 223,127,000 321,789,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid to common stockholders (70,944,000) (66,469,000)
Contributions from noncontrolling interests 44,381,000 100,777,000
Proceeds from notes and mortgages payable 16,700,000 991,556,000
Distributions to noncontrolling interests (10,583,000) (115,549,000)
Distributions paid to common unitholders (7,514,000) (9,100,000)
Debt issuance costs (6,351,000) (7,344,000)
Repurchases of common shares (3,569,000)  
Repurchase of shares related to stock compensation agreements and related tax withholdings (213,000) (154,000)
Repayments of notes and mortgages payable   (1,044,821,000)
Repayment of borrowings under revolving credit facility   (290,000,000)
Borrowings under revolving credit facility   60,000,000
Transfer tax refund in connection with the acquisition of noncontrolling interests   9,555,000
Settlement of interest rate swap liabilities   (19,425,000)
Loss on early extinguishment of debt   (7,877,000)
Net cash used in financing activities (38,093,000) (398,851,000)
Net increase in cash and cash equivalents and restricted cash 319,202,000 25,009,000
Cash and cash equivalents and restricted cash at beginning of period 250,425,000 192,339,000
Cash and cash equivalents and restricted cash at end of period 569,627,000 217,348,000
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents at beginning of period 219,381,000 162,965,000
Restricted cash at beginning of period 31,044,000 29,374,000
Cash and cash equivalents and restricted cash at beginning of period 250,425,000 192,339,000
Cash and cash equivalents at end of period 538,725,000 185,028,000
Restricted cash at end of period 30,902,000 32,320,000
Cash and cash equivalents and restricted cash at end of period 569,627,000 217,348,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 101,989,000 106,731,000
Cash payments for income taxes, net of refunds 1,541,000 5,042,000
NON-CASH TRANSACTIONS:    
Dividends and distributions declared but not yet paid 26,596,000 25,211,000
Additions to real estate included in accounts payable and accrued expenses 32,790,000 10,986,000
Basis adjustment to investment in unconsolidated joint ventures upon adoption of ASU 2017-05 7,086,000  
Write-off of fully amortized and/or depreciated assets 3,141,000 5,958,000
Common shares issued upon redemption of common units 3,461,000 166,524,000
Change in value of interest rate swaps $ (23,738,000) (729,000)
Consolidation of real estate   102,512,000
Assumption of notes and mortgages payable   $ 228,000,000