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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Rentals, net $ 516,502 $ 560,643 $ 537,265
Other 14,645 12,520 12,290
Total Revenues 531,147 573,163 549,555
Operating Expenses:      
Depreciation and amortization 161,838 167,101 162,535
Operating 90,554 109,310 98,855
Real estate taxes, net 69,268 75,636 66,358
Impairment loss 10,120 15,257 98
General and administrative 25,040 28,052 26,607
Total Operating Expenses 356,820 395,356 354,453
Interest expense, net (63,348) (80,326) (83,003)
Interest and other income (expense) 2,807 7,532 1,910
Gain on sale of property 207,865 218,611 100,714
Gain on sale and acquisition of real estate joint venture and partnership interests 0 0 48,322
Total Other Income 147,324 145,817 67,943
Income Before Income Taxes and Equity in Earnings of Real Estate Joint Ventures and Partnerships 321,651 323,624 263,045
(Provision) Benefit for Income Taxes (1,378) 17 (6,856)
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net 25,070 27,074 20,642
Net Income 345,343 350,715 276,831
Less: Net Income Attributable to Noncontrolling Interests (17,742) (15,441) (37,898)
Net Income Attributable to Common Shareholders $ 327,601 $ 335,274 $ 238,933
Earnings Per Common Share - Basic:      
Net income attributable to common shareholders - basic (in dollars per share) $ 2.57 $ 2.62 $ 1.90
Earnings Per Common Share - Diluted:      
Net income attributable to common shareholders - diluted (in dollars per share) $ 2.55 $ 2.60 $ 1.87