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Consolidated Statements of Operations and Comprehensive Income (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 and related revenue $ 224,665 $ 197,213 $ 443,977 $ 392,312
General contractor and service fee revenue 50,793 63,607 98,197 132,575
Revenues, total 275,458 260,820 542,174 524,887
Expenses:        
Rental expenses 39,977 33,099 81,180 68,444
Real estate taxes 30,782 27,260 61,081 55,003
General contractor and other services expenses 45,192 57,879 83,533 121,800
Depreciation and amortization 98,545 88,667 194,801 175,953
Costs and expenses, total 214,496 206,905 420,595 421,200
Other operating activities:        
Equity in earnings of unconsolidated companies 1,091 267 50,469 1,776
Gain on sale of properties 940 119 1,108 (158)
Undeveloped land carrying costs (2,531) (2,168) (4,729) (4,466)
Asset Impairment Charges (3,777) 0 (3,777) 0
Other operating expenses (35) (196) (103) (461)
General and administrative expenses (9,707) (11,594) (22,852) (23,433)
Other operation transactions, total (14,019) (13,572) 20,116 (26,742)
Operating income 46,943 40,343 141,695 76,945
Other income (expenses):        
Interest and other income, net 921 98 1,074 244
Interest expense (59,296) (59,146) (118,945) (118,025)
Acquisition-related activity (2,423) (1,029) (1,780) (1,609)
Income (loss) from continuing operations (13,855) (19,734) 22,044 (42,445)
Discontinued operations:        
Income (loss) before gain on sales 30 (1,089) (700) (2,964)
Gain on sale of depreciable properties 83,657 3,095 92,611 9,571
Income (loss) from discontinued operations 83,687 2,006 91,911 6,607
Net income (loss) 69,832 (17,728) 113,955 (35,838)
Dividends on preferred shares/units (7,355) (11,082) (16,905) (24,275)
Adjustments for redemption of preferred shares/units 0 0 (5,932) (5,730)
Net (income) loss attributable to noncontrolling interests (983) 328 (1,581) 971
Net income (loss) attributable to common shareholders/unitholders 61,494 (28,482) 89,537 (64,872)
Basic net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ (0.07) $ (0.12) $ (0.01) $ (0.28)
Discontinued operations attributable to common shareholders/unitholders $ 0.26 $ 0.01 $ 0.29 $ 0.03
Total $ 0.19 $ (0.11) $ 0.28 $ (0.25)
Diluted net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ (0.07) $ (0.12) $ (0.01) $ (0.28)
Discontinued operations attributable to common shareholders/unitholders $ 0.26 $ 0.01 $ 0.29 $ 0.03
Total $ 0.19 $ (0.11) $ 0.28 $ (0.25)
Weighted average number of common shares/units outstanding 322,489 266,748 318,733 262,556
Weighted average number of common shares/units and potential dilutive securities 327,098 266,748 323,350 262,556
Comprehensive income (loss):        
Net income (loss) 69,832 (17,728) 113,955 (35,838)
Other comprehensive income:        
Amortization of interest contracts 226 457 683 914
Other 496 (196) 576 (134)
Total other comprehensive income 722 261 1,259 780
Comprehensive income (loss) 70,554 (17,467) 115,214 (35,058)
Subsidiary of Common Parent [Member]
       
Revenues:        
Rental and related revenue 224,665 197,213 443,977 392,312
General contractor and service fee revenue 50,793 63,607 98,197 132,575
Revenues, total 275,458 260,820 542,174 524,887
Expenses:        
Rental expenses 39,977 33,099 81,180 68,444
Real estate taxes 30,782 27,260 61,081 55,003
General contractor and other services expenses 45,192 57,879 83,533 121,800
Depreciation and amortization 98,545 88,667 194,801 175,953
Costs and expenses, total 214,496 206,905 420,595 421,200
Other operating activities:        
Equity in earnings of unconsolidated companies 1,091 267 50,469 1,776
Gain on sale of properties 940 119 1,108 (158)
Undeveloped land carrying costs (2,531) (2,168) (4,729) (4,466)
Asset Impairment Charges (3,777) 0 (3,777) 0
Other operating expenses (35) (196) (103) (461)
General and administrative expenses (9,707) (11,594) (22,852) (23,433)
Other operation transactions, total (14,019) (13,572) 20,116 (26,742)
Operating income 46,943 40,343 141,695 76,945
Other income (expenses):        
Interest and other income, net 921 98 1,074 244
Interest expense (59,296) (59,146) (118,945) (118,025)
Acquisition-related activity (2,423) (1,029) (1,780) (1,609)
Income (loss) from continuing operations (13,855) (19,734) 22,044 (42,445)
Discontinued operations:        
Income (loss) before gain on sales 30 (1,089) (700) (2,964)
Gain on sale of depreciable properties 83,657 3,095 92,611 9,571
Income (loss) from discontinued operations 83,687 2,006 91,911 6,607
Net income (loss) 69,832 (17,728) 113,955 (35,838)
Dividends on preferred shares/units (7,355) (11,082) (16,905) (24,275)
Adjustments for redemption of preferred shares/units 0 0 (5,932) (5,730)
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, NonRedeemable (141) (138) (347) (306)
Net income (loss) attributable to common shareholders/unitholders 62,336 (28,948) 90,771 (66,149)
Basic net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ (0.07) $ (0.12) $ (0.01) $ (0.28)
Discontinued operations attributable to common shareholders/unitholders $ 0.26 $ 0.01 $ 0.29 $ 0.03
Total $ 0.19 $ (0.11) $ 0.28 $ (0.25)
Diluted net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ (0.07) $ (0.12) $ (0.01) $ (0.28)
Discontinued operations attributable to common shareholders/unitholders $ 0.26 $ 0.01 $ 0.29 $ 0.03
Total $ 0.19 $ (0.11) $ 0.28 $ (0.25)
Weighted average number of common shares/units outstanding 326,877 271,317 323,130 267,716
Weighted average number of common shares/units and potential dilutive securities 327,098 271,317 323,350 267,716
Comprehensive income (loss):        
Net income (loss) 69,832 (17,728) 113,955 (35,838)
Other comprehensive income:        
Amortization of interest contracts 226 457 683 914
Other 496 (196) 576 (134)
Total other comprehensive income 722 261 1,259 780
Comprehensive income (loss) $ 70,554 $ (17,467) $ 115,214 $ (35,058)