v2.4.0.6

Acquisitions of Real Estate Property (Tables) | 12 Months Ended
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Dec. 31, 2012
Business acquisition |
Fair values of the assets acquired and liabilities assumed at the date of acquisition | We are accounting for our 2012 acquisitions under the acquisition method in accordance with ASC Topic 805, Business Combinations (“ASC 805”), and we have completed our initial accounting for these acquisitions, which are subject to further adjustment. The following table summarizes the acquisition date fair values of the assets acquired and liabilities assumed, which we determined using level two and level three inputs (in thousands):
| Cogdell |  | Sunrise |  | Other |  | Total
| (In thousands)
Land and improvements | $ | 93,585 |  |  | $ | 41,689 |  |  | $ | 59,538 |  |  | $ | 194,812 |
Buildings and improvements | 626,302 |  |  | 311,888 |  |  | 782,870 |  |  | 1,721,060 |
Construction in progress | 23,944 |  |  | — |  |  | 1,653 |  |  | 25,597 |
Acquired lease intangibles | 117,132 |  |  | 14,320 |  |  | 71,347 |  |  | 202,799 |
Other assets | 24,466 |  |  | 890 |  |  | 20,520 |  |  | 45,876 |
Total assets acquired | 885,429 |  |  | 368,787 |  |  | 935,928 |  |  | 2,190,144 |
Notes payable and other debt | 213,430 |  |  | — |  |  | 199,395 |  |  | 412,825 |
Other liabilities | 51,280 |  |  | 10,565 |  |  | 65,837 |  |  | 127,682 |
Total liabilities assumed | 264,710 |  |  | 10,565 |  |  | 265,232 |  |  | 540,507 |
Noncontrolling interest assumed | 29,058 |  |  | — |  |  | 8,640 |  |  | 37,698 |
Net assets acquired | 591,661 |  |  | 358,222 |  |  | 662,056 |  |  | 1,611,939 |
Cash acquired | 12,202 |  |  | — |  |  | 12,669 |  |  | 24,871 |
Total cash used | $ | 579,459 |  |  | $ | 358,222 |  |  | $ | 649,387 |  |  | $ | 1,587,068 |
The effect of material acquisitions on net income and earnings per share | naudited Pro Forma The following table illustrates the effect on net income and earnings per share as if we had consummated the ASLG and NHP acquisitions as of January 1, 2010:
| For the Year Ended December 31,
| 2011 |  | 2010
| (In thousands, except per share amounts)
Revenues | $ | 2,256,319 |  |  | $ | 2,178,897 |
Income from continuing operations attributable to common stockholders | 583,446 |  |  | 321,637 |
Earnings per common share: |  |  |
Basic: |  |  |
Income from continuing operations attributable to common stockholders | $ | 2.03 |  |  | $ | 1.14 |
Diluted: |  |  |
Income from continuing operations attributable to common stockholders | $ | 2.02 |  |  | $ | 1.14 |
Weighted average shares used in computing earnings per common share: |  |  |
Basic | 286,856 |  |  | 281,333 |
Diluted | 289,193 |  |  | 282,382 |
ASLG |
Business acquisition |
Fair values of the assets acquired and liabilities assumed at the date of acquisition |
Land and improvements | $ | 341,540 |
Buildings and improvements | 2,876,717 |
Acquired lease intangibles | 159,610 |
Other assets | 215,708 |
Total assets acquired | 3,593,575 |
Notes payable and other debt | 1,629,212 |
Deferred tax liability | 43,466 |
Other liabilities | 202,278 |
Total liabilities assumed | 1,874,956 |
Net assets acquired | 1,718,619 |
Cash acquired | 77,718 |
Equity issued | 1,376,437 |
Total cash used | $ | 264,464 |
NHP |
Business acquisition |
Fair values of the assets acquired and liabilities assumed at the date of acquisition |
Land and improvements | $ | 701,154 |
Buildings and improvements | 6,147,737 |
Acquired lease intangibles | 493,125 |
Investment in unconsolidated entities | 93,553 |
Other assets | 815,968 |
Total assets acquired | 8,251,537 |
Notes payable and other debt | 1,882,752 |
Other liabilities | 720,420 |
Total liabilities assumed | 2,603,172 |
Redeemable OP unitholder interests assumed | 100,888 |
Noncontrolling interest assumed (including redeemable interests) | 76,658 |
Net assets acquired | 5,470,819 |
Cash acquired | 29,205 |
Equity issued | 5,365,819 |
Total cash used | $ | 75,795 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479 + Details
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