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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2011
Shareholders' Equity [Abstract]  
Schedule of Taxability of Common Shares [Table Text Block]
The following unaudited table summarizes the taxability of common share distributions (taxability for 2011 is estimated):
 
 
2011
 
2010
 
2009
 
 
 
 
 
 
 
Ordinary dividend
 
$
1.4300

 
$
1.4812

 
$
1.6772

Qualified dividend
 

 

 

Capital gain - 15%
 
0.1708

 

 
0.0976

IRC Sec 1250 unrecapture gain - 25%
 
0.2992

 
0.0128

 
0.1252

Return of capital
 

 
0.4060

 

 
 
 
 
 
 
 
Total
 
$
1.9000

 
$
1.9000

 
$
1.9000

Temporary Equity [Table Text Block]
he Trust has outstanding the following cumulative redeemable preferred units of the Operating Partnership (the “Equity Preferred Units”):
 
ISSUE
 
AMOUNT
 
UNITS
 
LIQUIDATION
PREFERENCE
 
DIVIDEND
RATE
 
REDEEMABLE
AS OF
 
EXCHANGEABLE AFTER
 
 
(in 000’s)
 
 
 
 
 
 
 
 
Series B
 
$
95,000

 
3,800

 

$25

 
7.45
%
 
8/31/2009
 
8/31/13 into Series B Cumulative Redeemable Preferred Shares of the Trust
Series E
 
$
20,000

 
400

 

$50

 
7.00
%
 
6/16/2010
 
6/16/15 into Series E Cumulative Redeemable Preferred Shares of the Trust
Series F
 
$
50,000

 
1,000

 

$50

 
6.65
%
 
6/30/2010
 
12/12/15 into Series F Cumulative Redeemable Preferred Shares of the Trust
Series G
 
$
27,000

 
540

 

$50

 
6.70
%
 
12/15/2011
 
12/15/16 into Series G Cumulative Redeemable Preferred Shares of the Trust
Series H
 
$
100,000

 
4,000

 

$25

 
7.40
%
 
8/21/2012
 
8/21/17 into Series H Cumulative Redeemable Preferred Shares of the Trust
Preferred Unit Distributions [Table Text Block]
The Company paid the following Equity Preferred Unit distributions for the years ended December 31:
 
 
2011
 
2010
 
2009
Distributions (in millions)
 
$21.0
 
$21.0
 
$21.0
Distribution per unit:
 
 
 
 
 
 
Series B
 
$1.86
 
$1.86
 
$1.86
Series E
 
$3.50
 
$3.50
 
$3.50
Series F
 
$3.33
 
$3.33
 
$3.33
Series G
 
$3.35
 
$3.35
 
$3.35
Series H
 
$1.85
 
$1.85
 
$1.85