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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real estate owned:    
Real estate held for investment $ 9,053,599 $ 8,205,627
Less: accumulated depreciation (2,646,044) (2,434,772)
Real estate held for investment, net 6,407,555 5,770,855
Real estate under development (net of accumulated depreciation of $0 and $0, respectively) 124,072 177,632
Real estate held for disposition (net of accumulated depreciation of $830 and $0, respectively) 11,775 0
Total real estate owned, net of accumulated depreciation 6,543,402 5,948,487
Cash and cash equivalents 6,742 15,224
Restricted Cash 20,798 22,340
Notes receivable, net 16,694 14,369
Investment in and advances to unconsolidated joint ventures, net 938,906 718,226
Other assets 137,302 110,082
Total assets 7,663,844 6,828,728
Liabilities:    
Secured debt, net 1,376,945 1,354,321
Unsecured debt, net 2,193,850 2,210,978
Real estate taxes payable 18,786 15,978
Accrued interest payable 29,162 34,215
Security deposits and prepaid rent 36,330 34,064
Distributions payable 80,368 69,460
Accounts payable, accrued expenses, and other liabilities 81,356 91,282
Total liabilities 3,816,797 3,810,298
Redeemable non-controlling interests in the Operating Partnership and DownREIT Partnership 946,436 282,480
Equity    
Common stock, $0.01 par value; 350,000,000 shares authorized 261,844,521 and 255,114,603 shares issued and outstanding at December 31, 2015 and 2014, respectively 2,618 2,551
Additional paid-in capital 4,447,816 4,223,747
Distributions in excess of net income (1,584,459) (1,528,917)
Accumulated other comprehensive income/(loss), net (12,678) (8,855)
Total stockholders' equity 2,899,755 2,735,097
Non-controlling interest 856 853
Total equity 2,900,611 2,735,950
Total liabilities and equity 7,663,844 6,828,728
8.00% Series E Cumulative Convertible Preferred Stock    
Equity    
Preferred stock, no par value; 50,000,000 shares authorized 46,457 46,571
Series F Preferred Stock [Member]    
Equity    
Preferred stock, no par value; 50,000,000 shares authorized $ 1 $ 0