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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flow from operating activities:      
Net loss $ (25,329) $ (19,397) $ (247,721)
Adjustments to reconcile net loss to net cash flow provided by operating activities:      
Depreciation and amortization 251,085 230,332 227,304
Stock-based compensation 7,553 7,439 6,459
Amortization of deferred finance costs and settled interest rate protection agreements 14,110 14,737 13,269
Accretion of convertible debt discount 10,884 14,914 8,204
Loss (gain) on debt retirement, net 505 89 (485)
(Gain) loss on equity derivative instruments 0 (21,926) 40,157
Settlement of accreted debt discount on repurchase of senior convertible notes (17,294) (9,937) (8,358)
Net cash paid from interest rate hedging contracts (4,689) (2,285) 0
Equity in net income of joint ventures (35,250) (13,734) (5,600)
Impairment of joint venture investments 26,671 2,921 227
Net gain on change in control and sale of interests (78,127) (29,886) (5,221)
Operating cash distributions from joint ventures 13,165 9,424 7,334
Gain on disposition of real estate (9,710) (47,242) (7,093)
Impairment charges and loan loss reserves 130,771 130,844 171,900
Premium on issuance of senior notes 13,835    
Change in notes receivable accrued interest (6,314) (1,784) (3,005)
Change in restricted cash 3,290 (4,317) (10,876)
Net change in accounts receivable 326 7,358 21,045
Net change in accounts payable and accrued expenses 2,580 1,760 4,323
Net change in other operating assets and liabilities 6,134 3,885 66,261
Total adjustments 329,525 292,592 525,845
Net cash flow provided by operating activities 304,196 273,195 278,124
Cash flow from investing activities:      
Proceeds from disposition of real estate 172,231 344,231 156,374
Real estate developed or acquired, net of liabilities assumed (586,904) (217,861) (164,391)
Equity contributions to joint ventures (54,976) (7,719) (30,311)
(Issuances) repayments of joint venture advances, net (149,921) 22,378 442
Distributions of proceeds from sale and refinancing of joint venture interests 18,120 21,911 24,339
Return of investments in joint ventures 11,955 9,466 22,094
Issuance of notes receivable (10,239) (10,000) (62,958)
Repayment of notes receivable 1,080 33,208 0
Decrease in restricted cash - capital improvements 10,224 5,082 86,173
Net cash flow (used for) provided by investing activities (588,430) 200,696 31,762
Cash flow from financing activities:      
Proceeds from (repayments of) revolving credit facilities, net 5,511 (138,098) (492,224)
Proceeds from issuance of senior notes, net of underwriting commissions and offering expenses, of $1,345, $350 and $1,183 in 2012, 2011 and 2010, respectively 439,892 295,495 933,370
Repayment of senior notes (445,682) (207,858) (541,606)
Proceeds from mortgages and other secured debt 718,506 186,956 23,686
Repayment of term loans and mortgage debt (785,588) (499,767) (601,678)
Payment of debt issuance costs (5,622) (13,993) (13,773)
Redemption of preferred shares (170,000) (180,000) 0
Proceeds from issuance of common shares, net of underwriting commissions and offering expenses, of $1,055, $835 and $998 in 2012, 2011 and 2010, respectively 492,129 129,684 440,430
Proceeds from issuance of common shares related to the exercise of warrants 0 59,978 0
Proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses, of $845 in 2012 192,855 0 0
Repurchase of common shares in conjunction with equity award plans (3,841) (6,655) (1,763)
Contributions from non-controlling interests 492 374 746
Distributions to non-controlling interests and redeemable operating partnership units (9,128) (2,250) (2,886)
Dividends paid (154,761) (75,720) (61,367)
Net cash provided by (used for) financing activities 274,763 (451,854) (317,065)
Cash and cash equivalents      
(Decrease) increase in cash and cash equivalents (9,471) 22,037 (7,179)
Effect of exchange rate changes on cash and cash equivalents (561) (247) 423
Cash and cash equivalents, beginning of year 41,206 19,416 26,172
Cash and cash equivalents, end of year $ 31,174 $ 41,206 $ 19,416