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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES:    
Minimum rents$ 174,917$ 167,742$ 515,682$ 500,178
Percentage rents3,0402,6028,8948,680
Other rents4,2064,23613,79713,321
Tenant reimbursements77,52477,370231,688231,376
Management, development and leasing fees1,9091,3694,8144,676
Other8,4157,35126,37221,822
Total revenues270,011260,670801,247780,053
OPERATING EXPENSES:    
Property operating39,47937,393115,729111,585
Depreciation and amortization71,40471,814211,496211,035
Real estate taxes23,80124,67673,48273,796
Maintenance and repairs13,89812,82643,99741,459
General and administrative10,09210,49533,13331,890
Loss on impairment of real estate51,304055,7610
Other7,4466,35122,79519,467
Total operating expenses217,424163,555556,393489,232
Income from operations52,58797,115244,854290,821
Interest and other income5988321,7552,831
Interest expense(70,643)(71,178)(209,771)(216,052)
Gain on extinguishment of debt005810
Gain on sales of real estate assets2,8905623,6372,577
Equity in earnings (losses) of unconsolidated affiliates989(1,558)4,222(610)
Income tax (provision) benefit(4,653)1,2641,7705,052
Income (loss) from continuing operations(18,232)27,03747,04884,619
Operating income (loss) of discontinued operations(57)61127,986(25,251)
Gain (loss) on discontinued operations(31)298629
Net income (loss)(18,320)27,67775,12059,397
Net (income) loss attributable to noncontrolling interests in:    
Operating partnership7,760(3,605)(5,443)(4,992)
Other consolidated subsidiaries(6,166)(6,133)(18,708)(18,394)
Net income (loss) attributable to the Company(16,726)17,93950,96936,011
Preferred dividends(10,594)(8,359)(31,782)(22,745)
Net income (loss) attributable to common shareholders(27,320)9,58019,18713,266
Basic per share data attributable to common shareholders:    
Income (loss) from continuing operations, net of preferred dividends$ (0.18)$ 0.07$ (0.02)$ 0.23
Discontinued operations$ 0.00$ 0.00$ 0.15$ (0.13)
Net income (loss) attributable to common shareholders$ (0.18)$ 0.07$ 0.13$ 0.10
Weighted average common shares outstanding148,363138,075148,264138,037
Diluted earnings per share data attributable to common shareholders:    
Income (loss) from continuing operations, net of preferred dividends$ (0.18)$ 0.07$ (0.02)$ 0.23
Discontinued operations$ 0.00$ 0.00$ 0.15$ (0.13)
Net income (loss) attributable to common shareholders$ (0.18)$ 0.07$ 0.13$ 0.10
Weighted average common and potential dilutive common shares outstanding148,405138,121148,310138,079
Amounts attributable to common shareholders:    
Income (loss) from continuing operations, net of preferred dividends(27,252)9,115(2,682)31,592
Discontinued operations(68)46521,869(18,326)
Net income (loss) attributable to common shareholders$ (27,320)$ 9,580$ 19,187$ 13,266
Dividends declared per common share$ 0.21$ 0.20$ 0.63$ 0.60