XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Investment in real estate:    
Land $ 1,016,004,000 $ 1,018,521,000
Land improvements 2,601,980,000 2,591,225,000
Buildings and other depreciable property 508,177,000 469,627,000
Real Estate Investment Property, at Cost, Total 4,126,161,000 4,079,373,000
Accumulated depreciation (937,078,000) (813,926,000)
Net investment in real estate 3,189,083,000 3,265,447,000
Cash and cash equivalents 147,868,000 70,460,000
Notes receivable, net 56,056,000 64,239,000
Investment in joint ventures 8,531,000 8,557,000
Rent and other customer receivables, net 1,098,000 1,155,000
Deferred financing costs, net 21,919,000 23,039,000
Inventory 2,246,000 2,948,000
Deferred commission expense 21,861,000 19,687,000
Escrow deposits and other assets 48,463,000 40,569,000
Total Assets 3,497,125,000 3,496,101,000
Liabilities:    
Mortgage notes payable 2,084,203,000 2,084,683,000
Term loan 200,000,000 200,000,000
Unsecured lines of credit 0 0
Accrued payroll and other operating expenses 76,801,000 62,062,000
Deferred revenue - upfront payments from right-to-use contracts 60,965,000 56,285,000
Deferred revenue - right-to-use annual payments 12,100,000 11,877,000
Accrued interest payable 10,305,000 10,737,000
Rents and other customer payments received in advance and security deposits 51,560,000 54,234,000
Distributions payable 20,415,000 16,943,000
Total Liabilities 2,516,349,000 2,496,821,000
Temporary Equity, Carrying Amount, Attributable to Noncontrolling Interest 0 200,000,000
Stockholders' Equity:    
Preferred stock value 0 0
Common stock, $0.01 par value 415,000 412,000
Paid-in capital 1,010,154,000 998,483,000
Distributions in excess of accumulated earnings (293,790,000) (270,021,000)
Accumulated other comprehensive loss (3,013,000) (2,547,000)
Total Stockholders' Equity 913,766,000 726,327,000
Non-controlling interests - Common OP Units 67,010,000 72,953,000
Total Equity 980,776,000 799,280,000
Total Liabilities and Equity 3,497,125,000 3,496,101,000
8.034% Series A Cumulative Redeemable Perpetual Preferred Stock
   
Stockholders' Equity:    
Preferred stock value 63,856,000 0
Additional Paid-in Capital
   
Stockholders' Equity:    
Total Equity 1,010,154,000 998,483,000
Accumulated Distributions in Excess of Net Income [Member]
   
Stockholders' Equity:    
Total Equity (293,790,000) (270,021,000)
Accumulated Other Comprehensive Income (Loss) [Member]
   
Stockholders' Equity:    
Total Equity (3,013,000) (2,547,000)
Non-controlling interests - Common OP Units
   
Stockholders' Equity:    
Total Equity 67,010,000 72,953,000
Common Stock
   
Stockholders' Equity:    
Total Equity $ 415,000 $ 412,000