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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jan. 31, 2012
Jan. 31, 2011
Real Estate    
Completed rental properties $ 7,183,448 $ 8,215,425
Projects under construction and development 2,328,979 2,706,235
Land held for development and sale 77,298 244,879
Total Real Estate 9,589,725 11,166,539
Less accumulated depreciation (1,526,503) (1,614,399)
Real Estate, net - (variable interest entities $2,103.8 and $2,627.8 million, respectively) 8,063,222 9,552,140
Cash and equivalents - (variable interest entities $17.8 million and $24.7 million, respectively) 217,486 193,372
Restricted cash and escrowed funds - (variable interest entities $348.1 million and $471.4 million, respectively) 542,566 720,180
Notes and accounts receivable, net 406,244 403,101
Investments in and advances to unconsolidated entities 609,079 431,509
Other assets - (variable interest entities $130.8 million and $166.8 million, respectively) 608,541 759,399
Land held for divestiture 57,145 0
Total Assets 10,504,283 12,059,701
Liabilities    
Mortgage debt and notes payable, nonrecourse - (variable interest entities $1,122.0 million and $1,879.0 million, respectively) 5,640,439 7,207,218
Bank revolving credit facility 0 137,152
Senior and subordinated debt - (variable interest entities $29.0 million, as of each period) 1,038,529 773,683
Accounts payable, accrued expenses and other liabilities - (variable interest entities $171.0 million and $150.2 million, respectively) 1,112,462 1,051,256
Cash distributions and losses in excess of investments in unconsolidated entities 279,708 290,492
Deferred income taxes 433,040 498,811
Mortgage debt and notes payable, nonrecourse on land held for divestiture 19,084 0
Total Liabilities 8,523,262 9,958,612
Redeemable Noncontrolling Interest 229,149 226,829
Commitments and Contingencies      
Common stock - $.33 1/3 par value    
Common stock, value 56,423 55,157
Additional paid-in capital 740,988 689,004
Retained earnings 571,989 673,875
Less treasury stock, at cost; 108,329 and 21,324 Class A shares, respectively (1,874) (259)
Shareholders' equity before accumulated other comprehensive loss 1,587,526 1,637,777
Accumulated other comprehensive loss (120,460) (94,429)
Total Shareholders' Equity 1,467,066 1,543,348
Noncontrolling interests 284,806 330,912
Total Equity 1,751,872 1,874,260
Total Liabilities and Equity 10,504,283 12,059,701
Common Stock Class A
   
Common stock - $.33 1/3 par value    
Common stock, value 49,445 48,084
Total Equity 49,445 48,084
Common Stock Class B
   
Common stock - $.33 1/3 par value    
Common stock, value 6,978 7,073
Total Equity 6,978 7,073
Series A Preferred Stock
   
Shareholders' Equity    
Preferred stock 220,000 220,000
Common stock - $.33 1/3 par value    
Total Equity 220,000 220,000
Other Preferred Stock
   
Shareholders' Equity    
Preferred stock