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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Real estate:    
Land $ 721,542 $ 589,359
Construction in progress 64,201 119,992
Buildings, improvements and equipment 4,256,581 3,668,379
Total real estate 5,042,324 4,377,730
Less: accumulated depreciation (983,759) (841,801)
Real estate, net 4,058,565 3,535,929
Cash and cash equivalents 8,297 10,782
Cash in escrows 32,604 34,070
Accounts receivable, net 12,142 12,540
Prepaid expenses 15,994 17,662
Deferred charges 16,322 15,079
Other assets 9,282 8,641
Total assets 4,153,206 3,634,703
LIABILITIES AND EQUITY    
Mortgage notes payable 2,260,836 2,424,214
Unsecured notes payable 400,000  
Exchangeable senior notes   138,218
Unsecured line of credit 2,500 56,500
Accounts payable 20,953 20,935
Accrued interest payable 10,286 11,389
Accrued expenses and other liabilities 29,474 28,730
Security deposits 19,513 19,583
Total liabilities 2,743,562 2,699,569
Commitments and contingencies      
Equity:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; no shares issued or outstanding      
Common stock, $0.01 par value; 80,000,000 shares authorized; 48,321,305 and 37,949,229 shares issued and outstanding at December 31, 2011 and 2010, respectively 483 379
Excess stock, $0.01 par value; 10,000,000 shares authorized; no shares issued or outstanding      
Additional paid-in capital 1,545,563 1,047,325
Distributions in excess of accumulated earnings (392,378) (326,811)
Total common stockholders' equity 1,153,668 720,893
Noncontrolling interest 255,976 214,241
Total equity 1,409,644 935,134
Total liabilities and equity $ 4,153,206 $ 3,634,703