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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating revenues:    
Total property revenues $ 243,390 $ 127,743
Total operating revenues 243,487 127,920
Property operating expenses:    
Depreciation and amortization 90,013 32,195
Acquisition (credit) expenses 11 10
Property management expenses 7,011 5,108
General and administrative expenses 4,342 3,239
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 9,819 20,223
Discontinued operations:    
Net Income (Loss) Attributable to Noncontrolling Interest 848 825
Earnings per share - diluted:    
Dividends declared per common share   $ 0.695
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.7300 $ 0.6950
Parent Company [Member]
   
Operating revenues:    
Rental revenues 220,988 117,705
Other property revenues 22,402 10,038
Total property revenues 243,390 127,743
Management fee income 97 177
Total operating revenues 243,487 127,920
Property operating expenses:    
Personnel 24,909 13,981
Building repairs and maintenance 6,399 3,129
Real estate taxes and insurance 31,131 15,488
Utilities 13,478 6,565
Landscaping 5,408 2,866
Other operating 16,038 8,492
Depreciation and amortization 90,013 32,195
Total property operating expenses 187,376 82,716
Acquisition (credit) expenses 11 10
Property management expenses 7,011 5,108
General and administrative expenses 4,342 3,239
Merger related expenses 2,076 0
Integration related expenses 3,842 0
Income from continuing operations before non-operating items 38,829 36,847
Interest and other non-property income 160 47
Interest expense (30,676) (15,545)
Loss on debt extinguishment/modification 0 (169)
Amortization of deferred financing costs (1,311) (804)
Net casualty loss and other settlement proceeds (10) 16
Income from continuing operations before income tax expense 6,992 20,392
Income Tax Expense (270) (223)
Income (Loss) from Continuing Operations before Equity Method Investments 6,722 20,169
Loss from real estate joint ventures (24) 54
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 6,698 20,223
Discontinued operations:    
(Loss) income from discontinued operations before gain on sale 416 1,782
Net casualty loss on insurance and other settlement proceeds on discontinued operations (2) 0
Gain on sale of discontinued operations 5,481 0
Income (Loss) before Gain or Loss on Sale of Properties, and Extraordinary Items 12,593 22,005
Gain (Loss) on Disposition of Property Plant Equipment 2,564 0
Gain (Loss) on Disposition of Other Assets 557 0
Consolidated net income 15,714 22,005
Net Income (Loss) Attributable to Noncontrolling Interest 848 825
Net Income (Loss) Available to Common Stockholders, Basic 14,866 21,180
Earnings per common share - basic:    
Income from continuing operations available for common shareholders $ 0.12 $ 0.46
Discontinued property operations $ 0.08 $ 0.04
Net income available for common shareholders $ 0.20 $ 0.50
Earnings per share - diluted:    
Income from continuing operations available for common shareholders $ 0.12 $ 0.46
Discontinued property operations $ 0.08 $ 0.04
Net income available for common shareholders $ 0.20 $ 0.50
Dividends declared per common share $ 0.73 $ 0.6950
Limited Partner [Member]
   
Operating revenues:    
Rental revenues 220,988 117,705
Other property revenues 22,402 10,038
Total property revenues 243,390 127,743
Management fee income 97 177
Total operating revenues 243,487 127,920
Property operating expenses:    
Personnel 24,909 13,981
Building repairs and maintenance 6,399 3,129
Real estate taxes and insurance 31,131 15,488
Utilities 13,478 6,565
Landscaping 5,408 2,866
Other operating 16,038 8,492
Depreciation and amortization 90,013 32,195
Total property operating expenses 187,376 82,716
Acquisition (credit) expenses 11 10
Property management expenses 7,011 5,108
General and administrative expenses 4,342 3,239
Merger related expenses 2,076 0
Integration related expenses 3,842 0
Income from continuing operations before non-operating items 38,829 36,847
Interest and other non-property income 160 47
Interest expense (30,676) (15,545)
Loss on debt extinguishment/modification 0 (169)
Amortization of deferred financing costs (1,311) (804)
Net casualty loss and other settlement proceeds (10) 16
Income from continuing operations before income tax expense 6,992 20,392
Income Tax Expense (270) (223)
Income (Loss) from Continuing Operations before Equity Method Investments 6,722 20,169
Loss from real estate joint ventures (24) 54
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 6,698 20,223
Discontinued operations:    
(Loss) income from discontinued operations before gain on sale 416 1,570
Net casualty loss on insurance and other settlement proceeds on discontinued operations (2) 0
Gain on sale of discontinued operations 5,481 0
Income (Loss) before Gain or Loss on Sale of Properties, and Extraordinary Items 12,593 21,793
Gain (Loss) on Disposition of Property Plant Equipment 2,564 0
Gain (Loss) on Disposition of Other Assets 557 0
Consolidated net income 15,714 21,793
Net Income (Loss) Available to Common Stockholders, Basic $ 15,714 $ 21,793
Earnings per common share - basic:    
Income from continuing operations available for common shareholders $ 0.12 $ 0.46
Discontinued property operations $ 0.08 $ 0.03
Net income available for common shareholders $ 0.20 $ 0.49
Earnings per share - diluted:    
Income from continuing operations available for common shareholders $ 0.12 $ 0.46
Discontinued property operations $ 0.08 $ 0.03
Net income available for common shareholders $ 0.20 $ 0.49
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.7300 $ 0.6950