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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Parent Company [Member]
Jun. 30, 2011
Parent Company [Member]
Jun. 30, 2012
Parent Company [Member]
Jun. 30, 2011
Parent Company [Member]
Jun. 30, 2012
Partnership Interest [Member]
Jun. 30, 2011
Partnership Interest [Member]
Jun. 30, 2012
Partnership Interest [Member]
Jun. 30, 2011
Partnership Interest [Member]
Revenues                
Minimum rent $ 92,725 $ 87,000 $ 184,602 $ 173,728 $ 92,725 $ 87,000 $ 184,602 $ 173,728
Percentage rent 398 151 1,558 1,058 398 151 1,558 1,058
Recoveries from tenants and other income 30,175 25,299 56,742 53,493 30,175 25,299 56,742 53,493
Management, transaction, and other fees 6,469 12,193 13,618 20,053 6,469 12,193 13,618 20,053
Total revenues 129,767 124,643 256,520 248,332 129,767 124,643 256,520 248,332
Operating Expenses                
Depreciation and amortization 33,045 31,219 65,710 65,550 33,045 31,219 65,710 65,550
Operating and maintenance 17,806 17,232 36,327 36,141 17,806 17,232 36,327 36,141
General and administrative 14,020 15,177 30,142 32,130 14,020 15,177 30,142 32,130
Real estate taxes 14,143 13,712 29,322 27,956 14,143 13,712 29,322 27,956
Other expenses 269 2,255 1,858 1,936 269 2,255 1,858 1,936
Total operating expenses 79,283 79,595 163,359 163,713 79,283 79,595 163,359 163,713
Other expense (income):                
Interest expense, net of interest income of $377 and $587, and $913 and $1,188 for the three and six months ended June 30, 2012 and 2011, respectively 28,377 30,563 57,335 61,428 28,377 30,563 57,335 61,428
Loss (gain) on sale of real estate 21 0 (1,814) 0 21 0 (1,814) 0
Provision for impairment 23,508 0 23,508 0 23,508 0 23,508 0
Net investment income (loss) from deferred compensation plan, including unrealized (loss) gains of $(449) and $88, and $725 and $731 for the three and six months ended June 30, 2012 and 2011, respectively 444 (143) (1,084) (888) 444 (143) (1,084) (888)
Total other expense (income) 52,350 30,420 77,945 60,540 52,350 30,420 77,945 60,540
(Loss) income before equity in income (loss) of investments in real estate partnerships (1,866) 14,628 15,216 24,079 (1,866) 14,628 15,216 24,079
Equity in income (loss) of investments in real estate partnerships 10,804 2,688 13,770 (37) 10,804 2,688 13,770 (37)
Income from continuing operations 8,938 17,316 28,986 24,042 8,938 17,316 28,986 24,042
Discontinued operations, net:                
Operating income 106 1,621 492 3,025 106 1,621 492 3,025
Gain on sale of operating properties, net 2,304 0 8,605 0 2,304 0 8,605 0
Income from discontinued operations 2,410 1,621 9,097 3,025 2,410 1,621 9,097 3,025
Net income 11,348 18,937 38,083 27,067 11,348 18,937 38,083 27,067
Noncontrolling interests:                
Preferred units 0 (931) 629 (1,862)        
Exchangeable operating partnership units (23) (37) (77) (50)        
Limited partners' interest in consolidated partnerships (232) (189) (424) (271) (232) (189) (424) (271)
(Income) loss attributable to noncontrolling interests (255) (1,157) 128 (2,183) (232) (189) (424) (271)
Net income attributable to controlling interests 11,093 17,780 38,211 24,884 11,116 18,748 37,659 26,796
Preferred stock dividends (5,396) (4,919) (19,333) (9,838)        
Preferred unit distributions         (5,396) (5,850) (18,704) (11,700)
Net income attributable to common stockholders 5,697 12,861 18,878 15,046        
Net income attributable to common unit holders         $ 5,720 $ 12,898 $ 18,955 $ 15,096
Income per common share/unit - basic:                
Continuing operations (in dollars per share) $ 0.03 $ 0.12 $ 0.11 $ 0.13        
Continuing operations (in dollars per share)         0.03 0.12 0.11 0.13
Discontinued operations (in dollars per share) $ 0.03 $ 0.02 $ 0.10 $ 0.04        
Discontinued operations (in dollars per share)         0.03 0.02 0.10 0.04
Net income attributable to common stockholders (in dollars per share) $ 0.06 $ 0.14 $ 0.21 $ 0.17        
Net income attributable to common unit holders (in dollars per share)         0.06 0.14 0.21 0.17
Income per common share/unit - diluted:                
Continuing operations (in dollars per share)         0.03 0.12 0.11 0.13
Continuing operations (in dollars per share) $ 0.03 $ 0.12 $ 0.11 $ 0.13        
Discontinued operations (in dollars per share)         0.03 0.02 0.10 0.04
Discontinued operations (in dollars per share) $ 0.03 $ 0.02 $ 0.10 $ 0.04        
Net income attributable to common stockholders (in dollars per share) $ 0.06 $ 0.14 $ 0.21 $ 0.17        
Net Income (Loss), Per Outstanding Limited Partnership Unit, Diluted         0.06 0.14 0.21 0.17