XML 54 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
Summarized unaudited consolidated quarterly information for the years ended December 31, 2012 and 2011 is provided below.
 
For the Year Ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(In thousands, except per share amounts)
Revenues(1)
$
568,566

 
$
614,502

 
$
641,520

 
$
660,711

Income from continuing operations attributable to common stockholders(1)
$
48,110

 
$
43,496

 
$
115,975

 
$
97,992

Discontinued operations(1)
42,516

 
30,529

 
(4,093
)
 
(11,725
)
Net income attributable to common stockholders
$
90,626

 
$
74,025

 
$
111,882

 
$
86,267

Earnings per share:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Income from continuing operations attributable to common stockholders
$
0.16

 
$
0.15

 
$
0.39

 
$
0.33

Discontinued operations
0.15

 
0.11

 
(0.01
)
 
(0.04
)
Net income attributable to common stockholders
$
0.31

 
$
0.26

 
$
0.38

 
$
0.29

Diluted:
 
 
 
 
 
 
 
Income from continuing operations attributable to common stockholders
$
0.16

 
$
0.15

 
$
0.39

 
$
0.33

Discontinued operations
0.15

 
0.10

 
(0.01
)
 
(0.04
)
Net income attributable to common stockholders
$
0.31

 
$
0.25

 
$
0.38

 
$
0.29

Dividends declared per share
$
0.62

 
$
0.62

 
$
0.62

 
$
0.62

________________________
(1)
The amounts presented for the three months ended March 31, 2012, June 30, 2012 and September 30, 2012 differ from the amounts previously reported in our Quarterly Reports on Form 10-Q as a result of discontinued operations consisting of properties sold in 2012 or classified as held for sale as of December 31, 2012.
 
For the Three Months Ended
 
March 31,
2012

 
June 30,
2012

 
September 30,
2012

 
(In thousands, except per share amounts)
Revenues, previously reported in Form 10-Q
$
573,694

 
$
616,448

 
$
641,950

Revenues, previously reported in Form 10-Q, subsequently reclassified to discontinued operations
(5,128
)
 
(1,946
)
 
(430
)
Total revenues disclosed in Form 10-K
$
568,566

 
$
614,502

 
$
641,520

Income from continuing operations attributable to common stockholders, previously reported in Form 10-Q
$
48,297

 
$
42,543

 
$
115,329

Income from continuing operations attributable to common stockholders, previously reported in Form 10-Q, subsequently reclassified to discontinued operations
(187
)
 
953

 
646

Income from continuing operations attributable to common stockholders disclosed in Form 10-K
$
48,110

 
$
43,496

 
$
115,975

Discontinued operations, previously reported in Form 10-Q
$
42,329

 
$
31,482

 
$
(3,447
)
Discontinued operations from properties sold or held for sale subsequent to the respective reporting period
187

 
(953
)
 
(646
)
Discontinued operations disclosed in Form 10-K
$
42,516

 
$
30,529

 
$
(4,093
)

 
For the Year Ended December 31, 2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(In thousands, except per share amounts)
Revenues(1)
$
266,396

 
$
359,421

 
$
554,691

 
$
563,145

Income from continuing operations attributable to common stockholders(1)
$
47,939

 
$
18,450

 
$
103,191

 
$
193,553

Discontinued operations(1)
1,045

 
1,226

 
(306
)
 
(605
)
Net income attributable to common stockholders
$
48,984

 
$
19,676

 
$
102,885

 
$
192,948

Earnings per share:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Income from continuing operations attributable to common stockholders
$
0.30

 
$
0.10

 
$
0.36

 
$
0.67

Discontinued operations
0.01

 
0.01

 
—

 
—

Net income attributable to common stockholders
$
0.31

 
$
0.11

 
$
0.36

 
$
0.67

Diluted:
 
 
 
 
 
 
 
Income from continuing operations attributable to common stockholders
$
0.29

 
$
0.10

 
$
0.35

 
$
0.66

Discontinued operations
0.01

 
0.01

 
—

 
—

Net income attributable to common stockholders
$
0.30

 
$
0.11

 
$
0.35

 
$
0.66

Dividends declared per share
$
0.575

 
$
0.7014

 
$
0.4486

 
$
0.575

________________________
(1)
The amounts presented for the three months ended March 31, 2011, June 30, 2011, September 30, 2011 and December 31, 2011 differ from the amounts previously reported in our Annual Report on Form 10-K for the year ended December 31, 2011 as a result of discontinued operations consisting of properties sold in 2012 or classified as held for sale as of December 31, 2012.
 
For the Three Months Ended
 
March 31,
2011

 
June 30,
2011

 
September 30,
2011

 
December 31,
2011

 
(In thousands, except per share amounts)
Revenues, previously reported in Form 10-K
$
268,432

 
$
362,630

 
$
562,528

 
$
571,401

Revenues, previously reported in Form 10-K, subsequently reclassified to discontinued operations
(2,036
)
 
(3,209
)
 
(7,837
)
 
(8,256
)
Total revenues disclosed in Form 10-K
$
266,396

 
$
359,421

 
$
554,691

 
$
563,145

Income from continuing operations attributable to common stockholders, previously reported in Form 10-K
$
48,218

 
$
18,906

 
$
102,470

 
$
193,216

Income from continuing operations attributable to common stockholders, previously reported in Form 10-K, subsequently reclassified to discontinued operations
(279
)
 
(456
)
 
721

 
337

Income from continuing operations attributable to common stockholders disclosed in Form 10-K
$
47,939

 
$
18,450

 
$
103,191

 
$
193,553

Discontinued operations, previously reported in Form 10-K
$
766

 
$
770

 
$
415

 
$
(268
)
Discontinued operations from properties sold or held for sale subsequent to the respective reporting period
279

 
456

 
(721
)
 
(337
)
Discontinued operations disclosed in Form 10-K
$
1,045

 
$
1,226

 
$
(306
)
 
$
(605
)