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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 149,941 $ 3,731,831
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 178,968 172,885
Amortization of deferred financing costs 2,296 5,394
Amortization of above/below market leases 856 851
Amortization of discounts and premiums on debt 1,637 (19,563)
Amortization of deferred settlements on derivative instruments 4,580 28,585
Write-off of pursuit costs 715 1,448
Loss from investments in unconsolidated entities 1,073 1,104
Distributions from unconsolidated entities – return on capital 648 655
Net (gain) on sales of investment securities and other investments   (556)
Net (gain) on sales of real estate properties (36,707) (3,723,479)
Net (gain) on sales of land parcels (19,193) (11,722)
Net (gain) on sales of discontinued operations   (15)
Compensation paid with Company Common Shares 7,873 9,967
Changes in assets and liabilities:    
Decrease in deposits – restricted 256 7,823
Decrease (increase) in mortgage deposits 315 (455)
(Increase) decrease in other assets (11,059) 17,175
Increase in accounts payable and accrued expenses 42,472 32,964
Increase (decrease) in accrued interest payable 13,437 (15,817)
(Decrease) in other liabilities (45,324) (23,703)
Increase (decrease) in security deposits 500 (13,990)
Net cash provided by operating activities 293,284 201,382
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate – acquisitions   (160,680)
Investment in real estate – development/other (103,291) (150,164)
Capital expenditures to real estate (39,297) (33,902)
Non-real estate capital additions (289) (1,205)
Interest capitalized for real estate under development (8,238) (14,246)
Proceeds from disposition of real estate, net 80,064 6,303,904
Investments in unconsolidated entities (1,704) (900)
Distributions from unconsolidated entities – return of capital 113 336
Proceeds from sale of investment securities and other investments   1,430
Decrease (increase) in deposits on real estate acquisitions and investments, net 637 (193,533)
(Increase) decrease in mortgage deposits (1,030) 196
Net cash (used for) provided by investing activities (73,035) 5,751,236
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt financing costs   (397)
Mortgage deposits (2,381) (2,150)
Mortgage notes payable, net:    
Lump sum payoffs (351,774) (482,601)
Scheduled principal repayments (1,964) (2,208)
Notes, net:    
Lump sum payoffs   (1,500,000)
Line of credit and commercial paper:    
Line of credit proceeds   246,000
Line of credit repayments   (246,000)
Commercial paper proceeds 1,309,681 1,324,784
Commercial paper repayments (1,015,500) (1,712,472)
Proceeds from Employee Share Purchase Plan (ESPP) 1,574 982
Proceeds from exercise of options 3,142 20,687
Payment of offering costs (21)  
Other financing activities, net   (138)
Contributions – Noncontrolling Interests – Partially Owned Properties 125  
Contributions – Noncontrolling Interests – Operating Partnership   1
Distributions:    
Common Shares (184,302) (3,122,652)
Preferred Shares (1,545) (773)
Noncontrolling Interests – Operating Partnership (7,218) (123,127)
Noncontrolling Interests – Partially Owned Properties (5,134) (26,781)
Net cash (used for) financing activities (255,317) (5,626,845)
Net (decrease) increase in cash and cash equivalents (35,068) 325,773
Cash and cash equivalents, beginning of period 77,207 42,276
Cash and cash equivalents, end of period 42,139 368,049
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 86,668 220,385
Net cash paid for income and other taxes 468 524
Real estate acquisitions/dispositions/other:    
Mortgage loans assumed   43,400
Amortization of deferred financing costs:    
Other assets 603 763
Mortgage notes payable, net 794 1,868
Notes, net 899 2,763
Amortization of discounts and premiums on debt:    
Mortgage notes payable, net 525 (21,515)
Notes, net 605 1,540
Line of credit and commercial paper 507 412
Amortization of deferred settlements on derivative instruments:    
Other liabilities (3) (69)
Accumulated other comprehensive income 4,583 28,654
Write-off of pursuit costs:    
Investment in real estate, net 685 982
Other assets 10 389
Accounts payable and accrued expenses 20 77
Loss from investments in unconsolidated entities:    
Investments in unconsolidated entities 701 709
Other liabilities 372 395
Realized/unrealized loss (gain) on derivative instruments:    
Other assets 1,106 (6,878)
Notes, net (1,106) 6,878
Other liabilities   2,906
Accumulated other comprehensive income   (2,906)
Investments in unconsolidated entities:    
Investments in unconsolidated entities (804)  
Other liabilities $ (900) (900)
Debt financing costs:    
Mortgage notes payable, net   (397)
Other:    
Foreign currency translation adjustments   $ (75)