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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES    
Rental income $ 525,595 $ 464,550
Fee and asset management 2,064 1,806
Total revenues 527,659 466,356
EXPENSES    
Property and maintenance 112,379 105,047
Real estate taxes and insurance 55,987 52,139
Property management 23,409 22,381
Fee and asset management 1,307 948
Depreciation 174,737 158,455
General and administrative 13,688 11,433
Total expenses 381,507 350,403
Operating income 146,152 115,953
Interest and other income 172 1,011
Other expenses (7,067) (2,160)
Interest:    
Expense incurred, net (118,703) (120,528)
Amortization of deferred financing costs (2,974) (3,005)
Income (loss) before income and other taxes and discontinued operations 17,580 (8,729)
Income and other tax (expense) benefit (191) (184)
Income (loss) from continuing operations 17,389 (8,913)
Discontinued operations, net 134,778 141,979
Net income 152,167 133,066
Net (income) loss attributable to Noncontrolling Interests:    
Operating Partnership (6,418) (5,775)
Partially Owned Properties (450) 40
Net income attributable to controlling interests 145,299 127,331
Preferred distributions (3,466) (3,466)
Net income available to Common Shares $ 141,833 $ 123,865
Earnings per share - basic:    
Income (loss) from continuing operations available to Common Shares $ 0.043 $ (0.040)
Net income available to Common Shares $ 0.475 $ 0.423
Weighted average Common Shares outstanding 298,805 292,895
Earnings per share - diluted:    
Income (loss) from continuing operations available to Common Shares $ 0.043 $ (0.040)
Net income available to Common Shares $ 0.470 $ 0.423
Weighted average Common Shares outstanding 315,230 292,895
Distributions declared per Common Share outstanding $ 0.3375 $ 0.3375