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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Rental revenue, net $ 621,121 $ 574,150 $ 535,969
Escalation and reimbursement 95,894 92,850 86,366
Investment income 182,648 176,901 194,612
Other income 25,570 3,621 4,875
Total revenues 925,233 847,522 821,822
Expenses      
Operating expenses, including $26,728 in 2015, $25,094 in 2014, and $24,302 in 2013 of related party expenses 163,969 154,374 146,548
Real estate taxes 143,873 133,567 118,699
Ground rent 20,941 20,941 21,139
Interest expense, net of interest income 119,342 129,356 133,845
Amortization of deferred financing costs 7,519 7,810 8,460
Depreciation and amortization 202,474 196,505 181,619
Transaction related costs 2,871 3,599 3,070
Marketing, general and administrative 464 372 362
Total expenses 661,453 646,524 613,742
Income from continuing operations before equity in net income (loss) from unconsolidated joint ventures, equity in net gain on sale of interest in unconsolidated joint venture, gain on sale of real estate, depreciable real estate reserves and loss on early extinguishment of debt 263,780 200,998 208,080
Equity in net income (loss) from unconsolidated joint ventures 8,841 4,491 (17,108)
Equity in net gain on sale of interest in unconsolidated joint venture 0 85,559 2,056
Gain on sale of real estate 100,190 0 0
Depreciable real estate reserves (9,998) 0 0
Loss on early extinguishment of debt (49) (7,385) (76)
Income from continuing operations 362,764 283,663 192,952
Net income from discontinued operations 0 1,996 5,907
Gain on sale of discontinued operations 0 117,579 13,756
Net income 362,764 403,238 212,615
Net income attributable to noncontrolling interests in other partnerships (9,169) (2,641) (5,200)
Preferred units dividend (1,698) 0 0
Net income attributable to ROP common unitholder 351,897 400,597 207,415
Amounts attributable to ROP common unitholder:      
Income from continuing operations 351,897 281,022 187,752
Discontinued operations $ 0 $ 119,575 $ 19,663