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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Revenues from rental properties $ 253,367 $ 212,153 $ 723,891 $ 629,691
Management and other fee income 8,679 9,310 26,245 26,752
Total revenues 262,046 221,463 750,136 656,443
Operating expenses        
Rent 3,559 3,315 10,362 10,012
Real estate taxes 31,553 28,156 92,413 81,345
Operating and maintenance 32,143 23,767 90,190 73,721
General and administrative expenses 28,674 30,828 94,682 96,148
Provision for doubtful accounts 992 2,102 4,612 6,917
Impairment charges     107,034 167,153
Depreciation and amortization 69,188 57,933 191,423 170,827
Total operating expenses 172,250 204,751 529,373 522,857
Operating income 89,796 16,712 220,763 133,586
Other income/(expense)        
Mortgage financing income 417 925 2,544 3,341
Interest, dividends and other investment income 269 416 712 9,464
Other (expense)/income, net (1,238) 3,527 (3,796) (1,292)
Interest expense (51,578) (53,949) (154,998) (162,404)
Income/(loss) from continuing operations before income taxes, equity in income of joint ventures, gain on change in control of interests and equity in income from other real estate investments 37,666 (32,369) 65,225 (17,305)
Provision for income taxes, net (5,366) (23,763) (14,651) (26,584)
Equity in income of equity method investments, net     150,073 179,791
Income from continuing operations 104,554 50,590 300,824 187,523
Discontinued operations        
Income from discontinued operating properties, net of tax 4,062 9,588 23,475 32,733
Impairment/loss on operating properties, net of tax (566) (26,928) (58,373) (68,130)
Gain on disposition of operating properties, net of tax 89,259 23,398 118,804 27,762
Income/(loss) from discontinued operations 92,755 6,058 83,906 (7,635)
Gain on sale of operating properties, net of tax   540 389 1,080
Net income 197,309 57,188 385,119 180,968
Net income attributable to noncontrolling interests (2,601) (1,425) (13,899) (6,296)
Net income attributable to the Company 194,708 55,763 371,220 174,672
Preferred dividends (14,573) (14,573) (43,720) (43,720)
Net income available to the Company's common shareholders 180,135 41,190 327,500 130,952
Income from continuing operations:        
-Basic (in Dollars per share) $ 0.21 $ 0.08 $ 0.61 $ 0.33
-Diluted (in Dollars per share) $ 0.21 $ 0.08 $ 0.61 $ 0.33
Net income attributable to the Company:        
-Basic (in Dollars per share) $ 0.44 $ 0.10 $ 0.80 $ 0.32
-Diluted (in Dollars per share) $ 0.44 $ 0.10 $ 0.79 $ 0.32
Weighted average shares:        
-Basic (in Shares) 409,326 408,060 408,868 407,459
-Diluted (in Shares) 411,101 408,866 410,683 408,510
Amounts attributable to the Company's common shareholders:        
Income from continuing operations 87,376 32,353 250,990 136,743
Income/(loss) from discontinued operations 92,759 8,837 76,510 (5,791)
Gain on change in control of interests, net 14,431   83,773 21,711
Joint Ventures [Member]
       
Other income/(expense)        
Equity in income of equity method investments, net 51,787 96,175 150,073 179,791
Other Real Estate Investments [Member]
       
Other income/(expense)        
Equity in income of equity method investments, net 6,036 10,547 16,404 29,910
Continuing Operations [Member]
       
Operating expenses        
Impairment charges $ 6,141 $ 58,650 $ 45,691 $ 83,887