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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Rental income $ 177,475 $ 150,637 $ 349,717 $ 288,449
Non-property income:        
Other income 3,223 2,853 6,906 7,389
Total revenues 180,698 153,490 356,623 295,838
Rental expenses:        
Real estate taxes and insurance 21,535 17,503 42,446 35,164
Personnel 13,660 12,531 27,169 24,388
Utilities 8,676 7,876 18,041 15,597
Repair and maintenance 9,350 7,795 17,334 15,045
Administrative and marketing 3,921 3,454 7,452 6,557
Property management 4,880 4,142 9,617 7,932
Other operating expenses 1,434 1,542 2,817 2,978
Real estate depreciation and amortization 84,474 79,908 172,381 150,123
Interest        
Expense incurred 37,399 37,261 76,572 72,040
Amortization of convertible debt discount 0 359 0 718
Loss on debt extinguishment 4,143 40 (285) 4,059
General and administrative 13,738 12,875 23,117 23,505
Other depreciation and amortization 1,017 986 1,935 2,029
Total expenses 204,227 186,272 398,596 360,135
Loss from operations (23,529) (32,782) (41,973) (64,297)
Loss from unconsolidated entities (2,412) (1,348) (5,103) (2,680)
Tax benefit of taxable REIT subsidiary, net 2,818 0 25,694 0
Income/(loss) from continuing operations (23,123) (34,130) (21,382) (66,977)
Income from discontinued operations, net of tax 179,429 49,039 264,316 53,230
Net income/(loss) 156,306 14,909 242,934 (13,747)
Net (income)/loss attributable to redeemable non-controlling interests in OP (5,911) (221) (9,331) 611
Net income attributable to non-controlling interests (43) (37) (95) (88)
Net income/(loss) attributable to Entity 150,352 14,651 233,508 (13,224)
Premium on preferred stock redemption or repurchases, net (2,791) (175) (2,791) (175)
Net income/(loss) attributable to common stockholders 145,721 12,149 226,569 (18,094)
Earnings per weighted average common share - basic and diluted:        
Loss from continuing operations attributable to common stockholders $ (0.14) $ (0.19) $ (0.17) $ (0.38)
Income from discontinued operations $ 0.77 $ 0.26 $ 1.16 $ 0.29
Net income/(loss) attributable to common stockholders $ 0.62 $ 0.06 $ 0.99 $ (0.10)
Common distributions declared per share $ 0.220 $ 0.200 $ 0.440 $ 0.385
Weighted average number of common shares outstanding — basic and diluted 234,031 190,479 227,766 186,527
Series E Preferred Stock [Member]
       
Interest        
Distributions to preferred stockholders (931) (931) (1,862) (1,862)
6.75% Series G Cumulative Redeemable Preferred Stock
       
Interest        
Distributions to preferred stockholders $ (909) $ (1,396) $ (2,286) $ (2,833)