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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Rental and related revenue $ 752,478 $ 678,795 $ 634,455
General contractor and service fee revenue 521,796 515,361 449,509
Revenues, total 1,274,274 1,194,156 1,083,964
Expenses:      
Rental expenses 147,173 137,348 130,811
Real estate taxes 103,724 89,718 83,471
General contractor and other services expenses 480,480 486,865 427,666
Depreciation and amortization 330,450 279,606 245,456
Costs and expenses, total 1,061,827 993,537 887,404
Other operating activities:      
Equity in earnings of unconsolidated companies 4,565 7,980 9,896
Gain on sale of properties 68,549 39,662 12,337
Earnings from sales of land 0 0 357
Undeveloped land carrying costs (8,934) (9,203) (10,403)
Impairment charges (12,931) (9,834) (275,360)
Other operating expenses (1,237) (1,231) (1,017)
General and administrative expenses (43,107) (41,329) (47,937)
Other operation transactions, total (6,905) 13,955 312,127
Operating income (loss) 219,352 186,664 (115,567)
Other income (expenses):      
Interest and other income, net 658 534 1,229
Interest expense (223,053) (189,094) (151,605)
Gain (loss) on debt transactions 0 (16,349) 20,700
Acquisition-related activity (1,188) 55,820 (1,062)
Income (loss) from continuing operations before income taxes (4,231) 37,575 (246,305)
Income tax benefit 194 1,126 6,070
Income (loss) from continuing operations (4,037) 38,701 (240,235)
Discontinued operations:      
Loss before impairment charges and gain on sales (536) (6,493) (10,835)
Impairment charges 0 0 (27,206)
Gain on sale of depreciable properties 100,882 33,054 6,786
Income (loss) from discontinued operations 100,346 26,561 (31,255)
Net income (loss) 96,309 65,262 (271,490)
Dividends on preferred shares (60,353) (69,468) (73,451)
Adjustments for redemption/repurchase of preferred shares (3,796) (10,438) 0
Net (income) loss attributable to noncontrolling interests (744) 536 11,340
Net income (loss) attributable to common shareholders $ 31,416 $ (14,108) $ (333,601)
Basic net income (loss) per common share:      
Continuing operations attributable to common shareholders $ (0.28) $ (0.18) $ (1.51)
Discontinued operations attributable to common shareholders $ 0.39 $ 0.11 $ (0.16)
Total $ 0.11 $ (0.07) $ (1.67)
Diluted net income (loss) per common share:      
Continuing operations attributable to common shareholders $ (0.28) $ (0.18) $ (1.51)
Discontinued operations attributable to common shareholders $ 0.39 $ 0.11 $ (0.16)
Total $ 0.11 $ (0.07) $ (1.67)
Weighted average number of common shares outstanding 252,694 238,920 201,206
Weighted average number of common shares and potential dilutive securities 259,598 238,920 201,206