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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Operating (including $68,930 and $78,846 of consolidated variable interest entities, respectively)$ 3,812,705$ 3,695,848
Construction-in-progress207,715163,200
Assets held for sale/disposal (discontinued operations) (including $0 and $18,311 of consolidated variable interest entities, respectively)4,20336,894
Real Estate Investment Property, At Cost, Total4,024,6233,895,942
Less accumulated depreciation and amortization (including $4,727 and $4,431 of consolidated variable interest entities, respectively)(1,102,997)(1,035,204)
Net real estate2,921,6262,860,738
Cash and cash equivalents22,07015,797
Accounts and notes receivable, net78,50368,997
Mortgage notes receivable, net56,07644,813
Investment in real estate partnerships57,82851,606
Prepaid expenses and other assets109,421110,686
Debt issuance costs, net of accumulated amortization of $8,384 and $9,075, respectively9,3246,916
TOTAL ASSETS3,254,8483,159,553
Liabilities  
Mortgages payable (including $22,287 and $22,785 of consolidated variable interest entities, respectively)484,502529,501
Capital lease obligations63,45559,940
Notes payable178,23297,881
Senior notes and debentures1,004,6861,079,827
Accounts payable and accrued expenses89,623102,574
Dividends payable44,19541,601
Security deposits payable12,03811,751
Other liabilities and deferred credits54,99055,348
Total liabilities1,931,7211,978,423
Commitments and contingencies (Note 8)  
Shareholders' equity  
Preferred shares, authorized 15,000,000 shares, $.01 par: 5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 399,896 shares issued and outstanding9,9979,997
Common shares of beneficial interest, $.01 par, 100,000,000 shares authorized, 63,494,277 and 61,526,418 shares issued and outstanding, respectively635615
Additional paid-in capital1,824,2541,666,803
Accumulated dividends in excess of net income(542,480)(527,582)
Total shareholders' equity of the Trust1,292,4061,149,833
Noncontrolling interests30,72131,297
Total shareholders' equity1,323,1271,181,130
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 3,254,848$ 3,159,553