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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities:    
Net Income $ 211,384 $ 97,446
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 116,216 110,300
Amortization of deferred financing costs, net (8,156) 386
Impairment loss 2,815 15,410
Equity in (earnings) losses of real estate joint ventures and partnerships, net (14,467) 6,715
Gain on acquisition 0 (1,869)
Gain on sale of real estate joint venture and partnership interests (11,599) (5,562)
Gain on sale of property (116,796) (50,583)
Distributions of income from real estate joint ventures and partnerships, net 2,623 2,160
Changes in accrued rent and accounts receivable, net (1,435) 2,095
Changes in other assets, net (17,189) (17,740)
Changes in accounts payable, accrued expenses and other liabilities, net 1,488 (7,021)
Other, net 6,062 10,472
Net cash provided by operating activities 170,946 162,209
Cash Flows from Investing Activities:    
Acquisition of real estate and land (58,173) (196,801)
Development and capital improvements (50,014) (68,345)
Proceeds from sale of property and real estate equity investments, net 267,655 480,502
Change in restricted deposits and mortgage escrows (13,461) 50
Notes receivable from real estate joint ventures and partnerships and other receivables:    
Advances (289) (6,468)
Collections 7,224 74,296
Real estate joint ventures and partnerships:    
Investments (21,353) (8,445)
Distributions of capital 32,660 31,910
Other, net (7,086) 0
Net cash provided by investing activities 157,163 306,699
Cash Flows from Financing Activities:    
Proceeds from issuance of debt 324,584 0
Principal payments of debt (283,902) (412,091)
Changes in unsecured credit facilities 48,500 83,500
Purchase of marketable securities in connection with the legal defeasance of debt (5,823) 0
Proceeds from issuance of common shares of beneficial interest, net 5,778 4,753
Repurchase of preferred shares of beneficial interest (275,000) 0
Common and preferred dividends paid (126,269) (130,105)
Debt issuance costs paid (4,702) (1,735)
Distributions to noncontrolling interests (13,455) (10,119)
Contributions from noncontrolling interests 33,884 2,123
Other, net 422 213
Net cash used in financing activities (295,983) (463,461)
Net increase in cash and cash equivalents 32,126 5,447
Cash and cash equivalents at January 1 19,604 [1] 13,642
Cash and cash equivalents at September 30 51,730 [1] 19,089
Interest paid during the period (net of amount capitalized of $1,724 and $2,394, respectively) 85,594 98,024
Income taxes paid during the period $ 1,860 $ 1,548
[1] Consolidated Variable Interest Entities’ Assets and Liabilities included in the above balances (See Note 17):