XML 56 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
Share data in Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Cash Flows [Abstract]    
Net cash flow provided by operating activities: $ 133,904,000 $ 127,981,000
Cash flow from investing activities:    
Real estate developed or acquired, net of liabilities assumed (68,595,000) (75,804,000)
Equity contributions to joint ventures (7,068,000) (18,497,000)
Repayments of (advances to) joint venture advances, net 23,130,000 (108,000)
Distributions of proceeds from sale and refinancing of joint venture interests 14,033,000 3,567,000
Return on investments in joint ventures 5,541,000 14,761,000
Repayment (issuance) of notes receivable, net 13,934,000 (4,550,000)
Decrease in restricted cash 217,000 60,199,000
Proceeds from disposition of real estate 70,883,000 65,682,000
Net cash flow provided by investing activities 52,075,000 45,250,000
Cash flow from financing activities:    
Repayments of revolving credit facilities, net (115,908,000) (113,007,000)
Repayment of senior notes (93,038,000) (389,924,000)
Proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of $350 and $400 in 2011 and 2010, respectively 295,495,000 296,785,000
Proceeds from mortgages and other secured debt 121,956,000 4,327,000
Repayment on term loans and mortgage debt (362,904,000) (325,278,000)
Payment of debt issuance costs (9,394,000) (2,309,000)
Proceeds from issuance of common shares, net of underwriting commissions and issuance costs of $686 in 2011 and $524 in 2010 129,939,000 382,755,000
Proceeds from issuance of common shares related to the exercise of warrants 59,873,000  
Redemption of preferred shares (180,000,000)  
(Purchase of) proceeds from the issuance of common shares in conjunction with equity award plans (979,000) 90,000
Contributions from non-controlling interests 187,000 328,000
Distributions to non-controlling interests and redeemable operating partnership units (1,269,000) (2,017,000)
Dividends paid (34,102,000) (30,153,000)
Net cash flow used for financing activities (190,144,000) (178,403,000)
Cash and cash equivalents    
Decrease in cash and cash equivalents (4,165,000) (5,172,000)
Effect of exchange rate changes on cash and cash equivalents 174,000 (80,000)
Cash and cash equivalents, beginning of period 19,416,000 26,172,000
Cash and cash equivalents, end of period 15,425,000 20,920,000
Dividend payable 18,000,000 12,000,000
Increase to investments in and advances to joint ventures 7,800,000 8,400,000
Increase in net real estate assets 34,800,000  
Loans assumed 50,100,000  
Common shares issued due to exercise of warrants 10.0  
Reclassification of equity derivative liability-affiliate 74,300,000  
Noncash dividend to net income available for common stockholders 6,400,000  
Reduction in real estate assets   28,700,000
Decrease in Non-controlling Interests Due To Adoption of ASC 810   12,400,000
Increase to accumulated distributions in excess of net income   7,800,000
Increase in real estate assets   19,000,000
Decrease in notes receivable   $ 19,000,000