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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
Rental and other income $ 411,134 $ 375,294 $ 808,131 $ 674,379
Management, development and other fees 2,672 2,913 5,750 5,185
Total revenue 413,806 378,207 813,881 679,564
Expenses:        
Operating expenses, excluding property taxes 101,059 87,865 199,601 159,692
Property taxes 42,439 41,011 86,924 72,912
Interest expense, net 43,722 [1] 43,169 [1] 86,255 [1] 81,342 [1]
Loss on extinguishment of debt, net 412 0 412 0
Depreciation expense 110,395 [1] 189,977 [1] 216,762 [1] 295,536 [1]
General and administrative expense 10,220 11,345 19,456 21,384
Expensed acquisition, development and other pursuit costs 2,017 3,806 2,732 43,865
Total expenses 310,264 377,173 612,142 674,731
Equity in income (loss) of unconsolidated real estate entities 7,710 (940) 12,933 (19,503)
Gain on sale of land 0 240 0 240
Gain on sale of communities 60,945 0 60,945 0
Income (loss) from continuing operations 172,197 334 275,617 (14,430)
Discontinued operations:        
Income from discontinued operations 0 2,081 310 7,827
Gain on sale of discontinued operations 0 33,682 37,869 118,173
Total discontinued operations 0 35,763 38,179 126,000
Net income 172,197 36,097 313,796 111,570
Net (income) loss attributable to noncontrolling interests (14,111) 121 (13,971) 78
Net income attributable to common stockholders 158,086 36,218 299,825 111,648
Other comprehensive income:        
Cash flow hedge losses reclassified to earnings 1,438 1,574 3,011 2,965
Comprehensive income $ 159,524 $ 37,792 $ 302,836 $ 114,613
Earnings per common share - basic:        
Income (loss) from continuing operations attributable to common stockholders (in dollars per share) $ 1.22 $ 0.00 $ 2.02 $ (0.11)
Discontinued operations attributable to common stockholders (in dollars per share) $ 0.00 $ 0.28 $ 0.29 $ 1.01
Net income attributable to common stockholders (in dollars per share) $ 1.22 $ 0.28 $ 2.31 $ 0.90
Earnings per common share - diluted:        
Income (loss) from continuing operations attributable to common stockholders (in dollars per share) $ 1.21 $ 0.00 $ 2.02 $ (0.11)
Discontinued operations attributable to common stockholders (in dollars per share) $ 0.00 $ 0.28 $ 0.29 $ 1.00
Net income attributable to common stockholders (in dollars per share) $ 1.21 $ 0.28 $ 2.31 $ 0.89
Dividends per common share: (in dollars per share) $ 1.16 $ 1.07 $ 2.32 $ 2.14
[1] Includes amounts associated with assets sold or held for sale, not classified as discontinued operations.