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Consolidated Statements Of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$ 62,949,000$ 55,207,000
Adjustments to reconcile net income to net cash provided by Operating activities:  
Depreciation and amortization, including related intangible assets144,481,000143,124,000
Depreciation and amortization on discontinued operations 409,000
Amortization of stock compensation2,393,0002,173,000
Amortization of deferred financing costs and debt discount1,752,0002,021,000
Equity in earnings of unconsolidated joint venture, net(1,174,000)(213,000)
Realized gains on disposition of rental property (4,447,000)
Distributions of cumulative earnings from unconsolidated joint ventures2,482,000313,000
Changes in operating assets and liabilities:  
Increase in unbilled rents receivable, net(4,927,000)(5,034,000)
Increase in deferred charges and other assets, net(31,238,000)(22,964,000)
Decrease (increase) in accounts receivable, net3,779,000(6,602,000)
Increase in accounts payable, accrued expenses and other liabilities5,928,0003,376,000
Decrease in rents received in advance and security deposits(5,653,000)(4,980,000)
Decrease in accrued interest payable(10,163,000)(18,429,000)
Net cash provided by operating activities170,609,000143,954,000
CASH FLOWS FROM INVESTING ACTIVITIES  
Additions to rental property and related intangibles(65,230,000)(47,175,000)
Investment in unconsolidated joint ventures(334,000)(833,000)
Distributions in excess of cumulative earnings from unconsolidated joint ventures1,280,000438,000
(Increase) decrease in restricted cash(2,321,000)1,292,000
Net cash used in investing activities(66,605,000)(46,278,000)
CASH FLOW FROM FINANCING ACTIVITIES  
Borrowings from revolving credit facility219,000,000 
Repayment of revolving credit facility(420,000,000) 
Repayment of senior unsecured notes (150,000,000)
Proceeds from offering of common stock227,374,000 
Repayment of mortgages, loans payable and other obligations(6,382,000)(6,032,000)
Payment of financing costs(14,000)(2,010,000)
Proceeds from stock options exercised3,048,0001,473,000
Payment of dividends and distributions(133,027,000)(126,354,000)
Net cash used in financing activities(110,001,000)(282,923,000)
Net decrease in cash and cash equivalents(5,997,000)(185,247,000)
Cash and cash equivalents, beginning of period21,851,000291,059,000
Cash and cash equivalents, end of period$ 15,854,000$ 105,812,000