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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Investment in real estate    
Land $ 6,201,333 $ 4,554,912
Depreciable property 19,254,957 15,711,944
Projects under development 779,053 387,750
Land held for development 505,494 353,823
Real Estate Investment Property, at Cost 26,740,837 21,008,429
Real Estate Investment Property, Accumulated Depreciation (4,654,594) (4,912,221)
Investment in real estate, net 22,086,243 16,096,208
Cash and cash equivalents 972,761 612,590
Investments in unconsolidated entities 165,898 17,877
Deposits - restricted 98,874 250,442
Escrow deposits - mortgage 40,901 9,129
Deferred financing costs, net 66,775 44,382
Other assets 379,979 170,372
Total assets 23,811,431 17,201,000
Liabilities:    
Mortgage notes payable 6,230,675 3,898,369
Notes, net 5,476,522 4,630,875
Lines of credit 0 0
Accounts payable and accrued expenses 166,939 38,372
Accrued interest payable 85,353 76,223
Other liabilities 331,797 304,518
Security deposits 71,462 66,988
Distributions payable 149,836 260,176
Total liabilities 12,512,584 9,275,521
Commitments and contingencies      
Redeemable Noncontrolling Interests - Operating Partnership 376,057 398,372
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, 2013 and December 31, 2012 50,000 50,000
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 360,395,959 shares issued and outstanding as of September 30, 2013 and 325,054,654 shares issued and outstanding as of December 31, 2012 3,604 3,251
Paid in capital 8,542,822 6,542,355
Retained earnings 2,171,603 887,355
Accumulated other comprehensive (loss) (169,392) (193,148)
Total shareholders' equity 10,598,637 7,289,813
Noncontrolling Interests:    
Operating Partnership 213,518 159,606
Noncontrolling Interests - Partially Owned Properties 110,635 77,688
Total Noncontrolling Interests 324,153 237,294
Total equity 10,922,790 7,527,107
Total liabilities and equity $ 23,811,431 $ 17,201,000