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Consolidated Balance Sheets - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Document Fiscal Year Focus 2015  
Real estate investments at cost:    
Notes receivable $ 11,314 $ 12,132
Liabilities:    
Notes payable 1,808,652 1,946,357
Unsecured credit facilities 215,000 75,000
Parent Company [Member]    
Real estate investments at cost:    
Land 1,431,612 1,380,211
Buildings and improvements 2,880,141 2,790,137
Properties in development 187,240 239,538
Gross real estate investments at cost 4,498,993 4,409,886
Less: accumulated depreciation 1,014,788 933,708
Total Cost Net of Accumulated Depreciation 3,484,205 3,476,178
Investments in real estate partnerships 321,164 333,167
Net real estate investments 3,805,369 3,809,345
Cash and cash equivalents 23,880 113,776
Restricted cash 5,142 8,013
Accounts receivable, net of allowance for doubtful accounts of $5,377 and $4,523 at September 30, 2015 and December 31, 2014, respectively 24,642 30,999
Straight-line rent receivable, net of reserve of $1,176 and $652 at September 30, 2015 and December 31, 2014, respectively 61,435 55,768
Notes receivable 11,314 12,132
Deferred costs, less accumulated amortization of $85,591 and $81,822 at September 30, 2015 and December 31, 2014, respectively 77,599 71,502
Acquired lease intangible assets, less accumulated amortization of $43,350 and $36,112 at September 30, 2015 and December 31, 2014, respectively 108,400 52,365
Trading securities held in trust, at fair value 28,291 28,134
Other assets 24,815 15,136
Total assets 4,170,887 4,197,170
Liabilities:    
Notes payable 1,808,652 1,946,357
Unsecured credit facilities 215,000 75,000
Accounts payable and other liabilities 171,304 181,197
Acquired lease intangible liabilities, less accumulated accretion of $16,689 and $13,993 at September 30, 2015 and December 31, 2014, respectively 43,161 32,143
Tenants’ security, escrow deposits and prepaid rent 24,726 25,991
Total liabilities $ 2,262,843 $ 2,260,688
Commitments and contingencies (note 12)
Stockholders’ equity/Partners' capital:    
Preferred stock, $0.01 par value per share, 30,000,000 shares authorized; 13,000,000 Series 6 and 7 shares issued and outstanding at September 30, 2015 and December 31, 2014, with liquidation preferences of $25 per share $ 325,000 $ 325,000
Common stock, $0.01 par value per share,150,000,000 shares authorized; 94,161,761 and 94,108,061 shares issued at September 30, 2015 and December 31, 2014, respectively 942 941
Treasury stock at cost, 414,541 and 425,246 shares held at September 30, 2015 and December 31, 2014, respectively (19,438) (19,382)
Additional paid in capital 2,542,791 2,540,153
Accumulated other comprehensive loss (62,307) (57,748)
Distributions in excess of net income (907,962) (882,372)
Total stockholders’ equity 1,879,026 1,906,592
Noncontrolling interests:    
Exchangeable operating partnership units, aggregate redemption value of $9,582 and $9,833 at September 30, 2015 and December 31, 2014, respectively (1,940) (1,914)
Limited partners’ interests in consolidated partnerships 30,958 31,804
Total noncontrolling interests 29,018 29,890
Total equity 1,908,044 1,936,482
Total liabilities and equity 4,170,887 4,197,170
Partnership Interest [Member]    
Real estate investments at cost:    
Land 1,431,612 1,380,211
Buildings and improvements 2,880,141 2,790,137
Properties in development 187,240 239,538
Gross real estate investments at cost 4,498,993 4,409,886
Less: accumulated depreciation 1,014,788 933,708
Total Cost Net of Accumulated Depreciation 3,484,205 3,476,178
Investments in real estate partnerships 321,164 333,167
Net real estate investments 3,805,369 3,809,345
Cash and cash equivalents 23,880 113,776
Restricted cash 5,142 8,013
Accounts receivable, net of allowance for doubtful accounts of $5,377 and $4,523 at September 30, 2015 and December 31, 2014, respectively 24,642 30,999
Straight-line rent receivable, net of reserve of $1,176 and $652 at September 30, 2015 and December 31, 2014, respectively 61,435 55,768
Notes receivable 11,314 12,132
Deferred costs, less accumulated amortization of $85,591 and $81,822 at September 30, 2015 and December 31, 2014, respectively 77,599 71,502
Acquired lease intangible assets, less accumulated amortization of $43,350 and $36,112 at September 30, 2015 and December 31, 2014, respectively 108,400 52,365
Trading securities held in trust, at fair value 28,291 28,134
Other assets 24,815 15,136
Total assets 4,170,887 4,197,170
Liabilities:    
Notes payable 1,808,652 1,946,357
Unsecured credit facilities 215,000 75,000
Accounts payable and other liabilities 171,304 181,197
Acquired lease intangible liabilities, less accumulated accretion of $16,689 and $13,993 at September 30, 2015 and December 31, 2014, respectively 43,161 32,143
Tenants’ security, escrow deposits and prepaid rent 24,726 25,991
Total liabilities $ 2,262,843 $ 2,260,688
Commitments and contingencies (note 12)
Stockholders’ equity/Partners' capital:    
Preferred units of general partner, $0.01 par value per unit, 13,000,000 units issued and outstanding at June 30, 2015 and December 31, 2014, liquidation preference of $25 per unit $ 325,000 $ 325,000
General partner; 94,161,761 and 94,108,061 units outstanding at September 30, 2015 and December 31, 2014, respectively 1,616,333 1,639,340
Limited partners; 154,170 units outstanding at September 30, 2015 and December 31, 2014 (1,940) (1,914)
Accumulated other comprehensive loss (62,307) (57,748)
Total partners’ capital 1,877,086 1,904,678
Noncontrolling interests:    
Limited partners’ interests in consolidated partnerships 30,958 31,804
Total noncontrolling interests 30,958 31,804
Total equity 1,908,044 1,936,482
Total liabilities and equity $ 4,170,887 $ 4,197,170