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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 306,476 $ 388,404
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 453,767 400,635
Amortization of deferred financing costs 4,201 4,124
Amortization of above/below market lease intangibles   (154)
Amortization of discounts and premiums on debt 2,891 2,593
Amortization of deferred settlements on derivative instruments 4,875 4,631
Amortization of right-of-use assets 6,103 7,308
Write-off of pursuit costs 2,515 2,647
(Income) loss from investments in unconsolidated entities 2,429 1,872
Distributions from unconsolidated entities – return on capital 164  
Net (gain) loss on sales of real estate properties (107,795) (223,695)
Net (gain) loss on sales of land parcels   (5)
Realized (gain) loss on sale of investment securities (2,064) (23,432)
Compensation paid with Company Common Shares 18,600 16,077
Changes in assets and liabilities:    
(Increase) decrease in other assets (2,096) (4,462)
Increase (decrease) in accounts payable and accrued expenses 22,615 6,514
Increase (decrease) in accrued interest payable (473) (82)
Increase (decrease) in lease liabilities (817) (3,211)
Increase (decrease) in other liabilities (23,985) (5,387)
Increase (decrease) in security deposits 3,468 1,748
Net cash provided by operating activities 690,874 576,125
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate – acquisitions (113,046) (281,426)
Investment in real estate – development/other (55,491) (125,156)
Capital expenditures to real estate (83,304) (66,443)
Non-real estate capital additions (981) (1,042)
Interest capitalized for real estate and unconsolidated entities under development (2,267) (8,176)
Proceeds from disposition of real estate, net 255,922 406,922
Investments in unconsolidated entities – development/other (48,577) (4,491)
Distributions from unconsolidated entities – return of capital 9 4
Purchase of investment securities and other investments (1,034) (166,945)
Proceeds from sale of investment securities 3,434 191,398
Net cash provided by (used for) investing activities (45,335) (55,355)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt financing costs (228) (362)
Mortgage notes payable, net:    
Proceeds 14,586 47,759
Lump sum payoffs (260,874) (59,880)
Scheduled principal repayments (2,985) (3,713)
Line of credit and commercial paper:    
Commercial paper proceeds 2,836,037 2,819,940
Commercial paper repayments (2,966,121) (2,603,000)
Finance ground lease principal payments (1,229) (232)
Proceeds from Employee Share Purchase Plan (ESPP) 2,378 2,667
Proceeds from exercise of options 18,928 39,623
Payment of offering costs (487)  
Other financing activities, net (31) (31)
Acquisition of Noncontrolling Interests – Partially Owned Properties (32,178)  
Contributions – Noncontrolling Interests – Partially Owned Properties 603  
Contributions – Noncontrolling Interests – Operating Partnership 1  
Distributions:    
Common Shares (461,605) (448,983)
Preferred Shares (1,545) (1,545)
Noncontrolling Interests – Operating Partnership (15,142) (16,540)
Noncontrolling Interests – Partially Owned Properties (17,232) (3,700)
Net cash provided by (used for) financing activities (887,124) (227,997)
Net increase (decrease) in cash and cash equivalents and restricted deposits (241,585) 292,773
Cash and cash equivalents and restricted deposits, beginning of period 360,236 99,728
Cash and cash equivalents and restricted deposits, end of period 118,651 392,501
Cash and cash equivalents 45,010 39,492
Restricted deposits 73,641 353,009
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 136,787 126,742
Net cash paid (received) for income and other taxes 687 888
Amortization of deferred financing costs:    
Investment in real estate, net (253) (100)
Other assets 1,170 1,169
Mortgage notes payable, net 1,159 1,139
Notes, net 2,125 1,916
Amortization of discounts and premiums on debt:    
Mortgage notes payable, net 1,545 1,374
Notes, net 1,346 1,219
Amortization of deferred settlements on derivative instruments:    
Other liabilities (6) (6)
Accumulated other comprehensive income 4,881 4,637
Write-off of pursuit costs:    
Investment in real estate, net 761 2,314
Investments in unconsolidated entities 1,637  
Other assets 117 317
Accounts payable and accrued expenses   16
(Income) loss from investments in unconsolidated entities:    
Investments in unconsolidated entities 1,797 1,216
Other liabilities 632 656
Realized/unrealized (gain) loss on derivative instruments:    
Other liabilities 1,259  
Accumulated other comprehensive income (1,259)  
Interest capitalized for real estate and unconsolidated entities under development:    
Investment in real estate, net (675) (8,176)
Investments in unconsolidated entities (1,592)  
Investments in unconsolidated entities – other:    
Investments in unconsolidated entities (47,887) (3,231)
Other liabilities (690) (1,260)
Debt financing costs:    
Other assets   (44)
Mortgage notes payable, net (228) (318)
Right-of-use assets and lease liabilities initial measurement and reclassifications:    
Right-of-use assets (224) 11,308
Lease liabilities 224 (11,308)
Non-cash share distribution and other transfers from unconsolidated entities:    
Investments in unconsolidated entities 4,048 1,429
Other assets $ (4,048) $ (1,429)