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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investment in real estate    
Land $ 6,319,353 $ 4,554,912
Depreciable property 19,966,235 15,711,944
Projects under development 500,829 387,750
Land held for development 577,676 353,823
Cash and cash equivalents 56,087 612,590
Investments in unconsolidated entities 193,338 17,877
Deposits - restricted 147,515 250,442
Escrow deposits - mortgage 39,535 9,129
Deferred financing costs, net 71,229 44,382
Other assets 358,136 170,372
Total assets 23,795,158 17,201,000
Liabilities:    
Mortgage notes payable 6,380,424 3,898,369
Notes, net 5,379,890 4,630,875
Lines of credit 395,000 0
Accounts payable and accrued expenses 104,836 38,372
Accrued interest payable 88,518 76,223
Other liabilities 401,225 304,518
Security deposits 72,669 66,988
Distributions payable 150,751 260,176
Total liabilities 12,973,313 9,275,521
Commitments and contingencies      
Redeemable Noncontrolling Interests - Operating Partnership 386,757 398,372
Shareholders' equity:    
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized; 1,000,000 shares issued and outstanding as of September 30, 2012 and 1,600,000 shares issued and outstanding as of December 31, 2011 50,000 50,000
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 302,674,716 shares issued and outstanding as of June 30, 2012 and 297,508,185 shares issued and outstanding as of December 31, 2011 3,601 3,251
Paid in capital 8,492,845 6,542,355
Retained earnings 1,759,990 887,355
Accumulated other comprehensive (loss) (182,508) (193,148)
Total shareholders' equity 10,123,928 7,289,813
Noncontrolling Interests:    
Operating Partnership 205,230 159,606
Noncontrolling Interests - Partially Owned Properties 105,930 77,688
Total Noncontrolling Interests 311,160 237,294
Total equity 10,435,088 7,527,107
Total liabilities and equity $ 23,795,158 $ 17,201,000