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Nature of Business and Financial Statement Presentation (Tables)
9 Months Ended
Sep. 30, 2014
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Non-cash Investing and Financing Activities

Non-cash investing and financing activities are summarized as follows (in millions):

 

 

Nine Month Periods Ended September 30,

 

 

2014

 

 

2013

 

Mortgages assumed from acquisitions

$

293.3

 

 

$

148.5

 

Issuance of Operating Partnership Units ("OP Units") in

   connection with acquisitions

 

18.3

 

 

 

 

Preferred equity interest and mezzanine loan applied to purchase price

 

51.8

 

 

 

 

Elimination of the previously held equity interest in

   unconsolidated joint ventures acquired

 

2.8

 

 

 

15.4

 

Reclassification adjustment of foreign currency translation (Note 10)

 

21.4

 

 

 

 

Accounts payable related to construction in progress

 

31.3

 

 

 

25.1

 

Dividends declared

 

61.3

 

 

 

49.8

 

Write-off of preferred share original issuance costs

 

1.9

 

 

 

5.2

 

The transactions above did not provide or use cash in the periods presented and, accordingly, are not reflected in the consolidated statements of cash flows.