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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Real estate:    
Buildings and improvements $ 8,933,278 $ 8,185,095
Development costs and construction in progress 190,590 144,116
Land 1,729,677 1,571,094
Accumulated depreciation and amortization (1,472,272) (1,244,502)
Net real estate 9,381,273 8,655,803
Net investment in direct financing leases 6,727,777 609,661
Loans receivable, net 110,253 2,002,866
Investments in and advances to unconsolidated joint ventures 224,052 195,847
Accounts receivable, net of allowance of $1,341 and $5,150, respectively 26,681 34,504
Cash and cash equivalents 33,506 1,036,701
Restricted cash 41,553 36,319
Intangible assets, net 373,763 316,375
Real estate held for sale, net 4,159 20,961
Other assets, net 485,458 422,886
Total assets 17,408,475 13,331,923
LIABILITIES AND EQUITY    
Bank line of credit 454,000  
Senior unsecured notes 5,416,063 3,318,379
Mortgage debt 1,764,571 1,235,779
Other debt 87,985 92,187
Intangible liabilities, net 124,142 148,072
Accounts payable and accrued liabilities 275,478 313,806
Deferred revenue 65,614 77,653
Total liabilities 8,187,853 5,185,876
Commitments and contingencies      
Preferred stock, $1.00 par value: 50,000,000 shares authorized; 11,820,000 shares issued and outstanding, liquidation preference of $25.00 per share 285,173 285,173
Common stock, $1.00 par value: 750,000,000 shares authorized; 408,629,444 and 370,924,887 shares issued and outstanding, respectively 408,629 370,925
Additional paid-in capital 9,383,536 8,089,982
Cumulative dividends in excess of earnings (1,024,274) (775,476)
Accumulated other comprehensive loss (19,582) (13,237)
Total stockholders' equity 9,033,482 7,957,367
Joint venture partners 16,971 14,935
Non-managing member unitholders 170,169 173,745
Total noncontrolling interests 187,140 188,680
Total equity 9,220,622 8,146,047
Total liabilities and equity $ 17,408,475 $ 13,331,923