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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Rentals, net $ 502,464 $ 503,128 $ 477,340
Other 10,380 11,278 11,855
Total 512,844 514,406 489,195
Expenses:      
Depreciation and amortization 145,940 150,356 146,763
Operating 94,244 95,318 97,099
Real estate taxes, net 60,289 60,768 57,515
Impairment loss 153 1,024 2,579
General and administrative 27,524 24,902 25,371
Total 328,150 332,368 329,327
Operating Income 184,694 182,038 159,868
Interest Expense, net (87,783) (94,725) (96,312)
Interest and Other Income, net 4,563 3,756 7,685
Gain on Sale and Acquisition of Real Estate Joint Venture and Partnership Interests 879 1,718 33,670
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net 19,300 22,317 35,112
(Provision) Benefit for Income Taxes (52) 1,261 (7,046)
Income from Continuing Operations 121,601 116,365 132,977
Operating Income from Discontinued Operations 0 342 12,214
Gain on Sale of Property from Discontinued Operations 0 44,582 119,203
Income from Discontinued Operations 0 44,924 131,417
Gain on Sale of Property 59,621 146,290 762
Net Income 181,222 307,579 265,156
Less: Net Income Attributable to Noncontrolling Interests (6,870) (19,571) (44,894)
Net Income Adjusted for Noncontrolling Interests 174,352 288,008 220,262
Dividends on Preferred Shares (3,830) (10,840) (18,173)
Redemption Costs of Preferred Shares (9,687) 0 (17,944)
Net Income Attributable to Common Shareholders $ 160,835 $ 277,168 $ 184,145
Earnings Per Common Share - Basic:      
Income from continuing operations attributable to common shareholders (in dollars per share) $ 1.31 $ 1.91 $ 0.76
Income from discontinued operations (in dollars per share) 0.00 0.37 0.76
Net income attributable to common shareholders (in dollars per share) 1.31 2.28 1.52
Earnings Per Common Share - Diluted:      
Income from continuing operations attributable to common shareholders (in dollars per share) 1.29 1.89 0.75
Income from discontinued operations (in dollars per share) 0.00 0.36 0.75
Net income attributable to common shareholders (in dollars per share) $ 1.29 $ 2.25 $ 1.50