Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Real Estate
Completed rental properties	$ 9,037,444,000	$ 7,753,561,000
Projects under construction and development	659,127,000	477,957,000
Land inventory	93,918,000	97,469,000
Total Real Estate	9,790,489,000	8,328,987,000
Less accumulated depreciation	(1,658,183,000)	(1,555,965,000)
Real Estate, net – (variable interest entities $547.5 million and $427.8 million, respectively)	8,132,306,000	6,773,022,000
Cash and equivalents – (variable interest entities $26.6 million and $20.6 million, respectively)	334,850,000	326,518,000
Restricted cash – (variable interest entities $22.6 million and $28.6 million, respectively)	244,890,000	266,530,000
Notes and accounts receivable, net	446,160,000	419,038,000
Investments in and advances to unconsolidated entities	667,485,000	620,466,000
Other assets – (variable interest entities $20.9 million and $19.6 million, respectively)	502,612,000	409,366,000
Total Assets	10,328,303,000	8,814,940,000
Liabilities
Mortgage debt and notes payable, nonrecourse – (variable interest entities $245.5 million and $250.7 million, respectively)	4,436,340,000	4,238,201,000
Revolving credit facility	0	0
Convertible senior debt	411,194,000	700,000,000
Accounts payable, accrued expenses and other liabilities – (variable interest entities $90.7 million and $42.6 million, respectively)	946,241,000	847,011,000
Cash distributions and losses in excess of investments in unconsolidated entities	138,697,000	211,493,000
Deferred income taxes	668,172,000	482,474,000
Total Liabilities	6,600,644,000	6,479,179,000
Redeemable Noncontrolling Interest	173,281,000	183,038,000
Commitments and Contingencies	0	0
Shareholders' Equity
Preferred stock	0	0
Common stock - $.33 1/3 par value
Common stock	83,941,000	66,689,000
Additional paid-in capital	2,269,181,000	1,165,828,000
Retained earnings	812,745,000	563,198,000
Less treasury stock, at cost; 1,541,093 and 1,095,310 Class A shares, respectively	(30,276,000)	(18,922,000)
Shareholders' equity before accumulated other comprehensive loss	3,135,591,000	1,776,793,000
Accumulated other comprehensive loss	(52,133,000)	(58,846,000)
Total Shareholders' Equity	3,083,458,000	1,717,947,000
Noncontrolling interest	470,920,000	434,776,000
Total Equity	3,554,378,000	2,152,723,000
Total Liabilities and Equity	10,328,303,000	8,814,940,000
Common stock Class A
Common stock - $.33 1/3 par value
Common stock	77,644,000	60,286,000
Total Equity	77,644,000	60,286,000
Common stock Class B
Common stock - $.33 1/3 par value
Common stock	6,297,000	6,403,000
Total Equity	$ 6,297,000	$ 6,403,000