XML 79 R60.htm IDEA: XBRL DOCUMENT v3.7.0.1
Investments in Partially Owned Entities - Partially Owned Property Income Statement Schedule (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Partially Owned Property Income Statement Schedule        
Operating revenue $ 612,480 $ 595,154 $ 1,216,580 $ 1,214,237
Property management 21,589 20,991 43,841 44,486
General and administrative 13,626 18,296 27,799 35,013
Depreciation 179,896 176,127 358,864 349,012
Operating income 210,550 206,018 414,921 422,643
Interest and other income 1,162 56,525 1,763 59,583
Interest:        
Expense incurred, net (91,224) (86,472) (197,434) (299,964)
Amortization of deferred financing costs (2,087) (2,345) (4,383) (7,739)
Income before income and other taxes, (loss) from investments in unconsolidated entities, net gain (loss) on sales of real estate properties and land parcels and discontinued operations 117,359 172,222 212,735 170,463
Income and other tax (expense) benefit (220) (413) (482) (763)
(Loss) from investments in unconsolidated entities (682) (800) (1,755) (1,904)
Net income $ 204,160 $ 228,400 354,101 $ 3,960,231
Unconsolidated Non-VIE        
Partially Owned Property Income Statement Schedule        
Operating revenue     13,293  
Operating expenses     4,425  
Net operating income     8,868  
Property management     387  
General and administrative     1  
Depreciation     5,298  
Operating income     3,182  
Interest and other income     0  
Interest:        
Expense incurred, net     (4,145)  
Amortization of deferred financing costs     0  
Income before income and other taxes, (loss) from investments in unconsolidated entities, net gain (loss) on sales of real estate properties and land parcels and discontinued operations     (963)  
Income and other tax (expense) benefit     (13)  
(Loss) from investments in unconsolidated entities     0  
Net income     (976)  
Consolidated VIE        
Partially Owned Property Income Statement Schedule        
Operating revenue     46,278  
Operating expenses     11,365  
Net operating income     34,913  
Property management     1,630  
General and administrative     29  
Depreciation     10,395  
Operating income     22,859  
Interest and other income     24  
Interest:        
Expense incurred, net     (6,638)  
Amortization of deferred financing costs     (135)  
Income before income and other taxes, (loss) from investments in unconsolidated entities, net gain (loss) on sales of real estate properties and land parcels and discontinued operations     16,110  
Income and other tax (expense) benefit     (34)  
(Loss) from investments in unconsolidated entities     (761)  
Net income     15,315  
Unconsolidated VIE        
Partially Owned Property Income Statement Schedule        
Operating revenue     2,595  
Operating expenses     1,076  
Net operating income     1,519  
Property management     38  
General and administrative     89  
Depreciation     2,750  
Operating income     (1,358)  
Interest and other income     0  
Interest:        
Expense incurred, net     0  
Amortization of deferred financing costs     0  
Income before income and other taxes, (loss) from investments in unconsolidated entities, net gain (loss) on sales of real estate properties and land parcels and discontinued operations     (1,358)  
Income and other tax (expense) benefit     0  
(Loss) from investments in unconsolidated entities     0  
Net income     (1,358)  
Partially Owned Properties – Unconsolidated        
Partially Owned Property Income Statement Schedule        
Operating revenue     15,888  
Operating expenses     5,501  
Net operating income     10,387  
Property management     425  
General and administrative     90  
Depreciation     8,048  
Operating income     1,824  
Interest and other income     0  
Interest:        
Expense incurred, net     (4,145)  
Amortization of deferred financing costs     0  
Income before income and other taxes, (loss) from investments in unconsolidated entities, net gain (loss) on sales of real estate properties and land parcels and discontinued operations     (2,321)  
Income and other tax (expense) benefit     (13)  
(Loss) from investments in unconsolidated entities     0  
Net income     $ (2,334)