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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Rental income $ 188,613 $ 177,475 $ 372,914 $ 349,717
Joint Venture Managment and Other Fees 3,217 2,717 6,140 5,706
Total revenues 191,830 180,192 379,054 355,423
OPERATING EXPENSES        
Property operating and maintenance 36,758 35,607 72,219 69,996
Real estate taxes and insurance 23,202 21,535 46,726 42,446
Property management 5,187 4,880 10,255 9,617
Other operating expenses 1,807 1,434 3,450 2,817
Real estate depreciation and amortization 85,131 84,474 168,573 172,381
General and Administrative Expense 9,866 13,738 19,342 23,117
Hurricane-related (recoveries)/charges, net 2,772 0 5,793 0
Other depreciation and amortization 1,138 1,017 2,284 1,935
Total expenses 160,317 162,685 317,056 322,309
Operating income 31,513 17,507 61,998 33,114
Loss from unconsolidated entities 515 (2,412) (2,287) (5,103)
Interest Expense (30,803) (41,542) 61,784 76,287
Interest and other income, net 1,446 506 2,462 1,200
Loss before income taxes and discountinued operations 2,671 (25,941) 389 (47,076)
Tax benefit/(expense) of taxable REIT subsidiary 2,683 2,818 (4,656) (25,694)
Income/(loss) from continuing operations 5,354 (23,123) 5,045 (21,382)
Income from discontinued operations, net of tax 0 179,429 0 264,316
Net (loss)/income 5,354 156,306 5,045 242,934
Net loss/(income) attributable to redeemable non-controlling interests in OP (159) (5,911) (114) (9,331)
Net income attributable to non-controlling interests (3) (43) (7) (95)
Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest     (114)  
Net (loss)/income attributable to Entity 5,192 150,352 4,924 233,508
Net (loss)/income attributable to common stockholders 4,261 145,721 3,062 226,569
Earnings Per Share, Basic $ 0.02 $ 0.62 $ 0.01 $ 0.99
Earnings per weighted average common share - basic and diluted:        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.02 $ (0.12) $ 0.01 $ (0.12)
Income from discontinued operations attributable to common stockholders $ 0.00 $ 0.74 $ 0.00 $ 1.12
Income (Loss) from Continuing Operations, Per Diluted Share $ 0.02 $ (0.12) $ 0.01 $ (0.12)
Income from discontinued operations attributable to common stockholders $ 0.00 $ 0.74 $ 0.00 $ 1.12
Net income attributable to common stockholders $ 0.02 $ 0.62 $ 0.01 $ 0.99
Common distributions declared per share $ 0.235 $ 0.220 $ 0.470 $ 0.440
Weighted average number of common shares outstanding — basic and diluted 249,985 234,031 249,951 227,766
Weighted average number of common shares outstanding — basic 249,985 234,031 249,951 227,766
Weighted average number of common shares outstanding — diluted 251,406 234,031 251,353 227,766
Series E Preferred Stock [Member]
       
OPERATING EXPENSES        
Distributions to preferred stockholders 931 931 1,862 1,862
6.75% Series G Cumulative Redeemable Preferred Stock
       
OPERATING EXPENSES        
Distributions to preferred stockholders $ 0 $ 909 $ 0 $ 2,286