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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jan. 31, 2013
Jan. 31, 2012
Real Estate    
Completed rental properties $ 8,631,542 $ 7,183,448
Projects under construction and development 1,326,703 2,328,979
Land held for development and sale 65,059 77,298
Total Real Estate 10,023,304 9,589,725
Less accumulated depreciation (1,654,632) (1,526,503)
Real Estate, net – (variable interest entities $1,416.9 million and $2,103.8 million, respectively) 8,368,672 8,063,222
Cash and equivalents – (variable interest entities $14.2 million and $17.8 million, respectively) 333,220 217,486
Restricted cash and escrowed funds – (variable interest entities $114.9 million and $348.1 million, respectively) 410,414 542,566
Notes and accounts receivable, net 426,200 406,244
Investments in and advances to unconsolidated entities 456,628 609,079
Other assets – (variable interest entities $92.5 million and $130.8 million, respectively) 614,592 608,541
Land held for divestiture 2,706 57,145
Total Assets 10,612,432 10,504,283
Liabilities    
Mortgage debt and notes payable, nonrecourse – (variable interest entities $624.1 million and $1,122.0 million, respectively) 5,738,960 5,640,439
Bank revolving credit facility 0 0
Senior and subordinated debt – (variable interest entities $29.0 million, as of each period) 1,032,969 1,038,529
Accounts payable, accrued expenses and other liabilities – (variable interest entities $76.2 million and $171.0 million, respectively) 1,093,963 1,112,462
Cash distributions and losses in excess of investments in unconsolidated entities 292,727 279,708
Deferred income taxes 474,406 433,040
Mortgage debt and notes payable, nonrecourse of land held for divestiture 1,700 19,084
Total Liabilities 8,634,725 8,523,262
Redeemable Noncontrolling Interest 239,136 229,149
Commitments and Contingencies 0 0
Common stock – $.33 1/3 par value    
Common stock, value 61,321 56,423
Additional paid-in capital 932,045 740,988
Retained earnings 576,285 571,989
Less treasury stock, at cost; 6,582 and 108,329 Class A shares, respectively (108) (1,874)
Shareholders' equity before accumulated other comprehensive loss 1,580,095 1,587,526
Accumulated other comprehensive loss (103,203) (120,460)
Total Shareholders’ Equity 1,476,892 1,467,066
Noncontrolling interest 261,679 284,806
Total Equity 1,738,571 1,751,872
Total Liabilities and Equity 10,612,432 10,504,283
Series A Preferred Stock
   
Shareholders’ Equity    
Preferred stock 10,552 220,000
Common stock – $.33 1/3 par value    
Total Equity 10,552 220,000
Other Preferred Stock
   
Shareholders’ Equity    
Preferred stock 0 0
Common Stock Class A
   
Common stock – $.33 1/3 par value    
Common stock, value 54,576 49,445
Total Equity 54,576 49,445
Common Stock Class B
   
Common stock – $.33 1/3 par value    
Common stock, value 6,745 6,978
Total Equity $ 6,745 $ 6,978