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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 485,902 $ 450,509
Depreciation and amortization of real estate, in-place lease and other intangibles:    
Continuing operations 220,521 212,389
Discontinued operations   3,095
Amortization of above and below market lease intangibles, net (343) (6,068)
Amortization of deferred compensation 11,006 11,638
Amortization of deferred financing costs, net 9,474 9,440
Straight-line rents (26,455) (15,955)
Loan and direct financing lease interest accretion (39,401) (45,539)
Deferred rental revenues (515) (965)
Equity income from unconsolidated joint ventures (29,220) (30,386)
Distributions of earnings from unconsolidated joint ventures 2,655 1,624
Gain on sales of real estate (28,010) (887)
Marketable securities and other (gains) losses, net 58 (10,197)
Changes in:    
Accounts receivable, net (5,225) 462
Other assets (6,136) (12,852)
Accounts payable and accrued liabilities 13,394 5,294
Net cash provided by operating activities 607,705 571,602
Cash flows from investing activities:    
Acquisitions of real estate (285,429) (60,353)
Development of real estate (72,334) (67,983)
Leasing costs and tenant and capital improvements (27,458) (19,938)
Proceeds from sales of real estate, net 36,897 3,777
Distributions in excess of earnings from unconsolidated joint ventures 1,113 904
Purchases of marketable debt securities   (16,706)
Proceeds from the sales of marketable securities   28,030
Principal repayments on loans receivable 5,547 19,112
Investments in loans receivable and other (46,434) (300,673)
(Increase) decrease in restricted cash 2,900 (7,105)
Net cash used in investing activities (385,198) (420,935)
Cash flows from financing activities:    
Net borrowings under bank line of credit 310,000 265,049
Issuance of senior unsecured notes 350,000  
Repayments of senior unsecured notes (487,000) (150,000)
Repayments of mortgage debt (169,843) (40,380)
Deferred financing costs (9,239)  
Issuance of common stock and exercise of options 56,401 61,860
Repurchase of common stock (11,086)  
Dividends paid on common stock (500,364) (477,453)
Issuance of noncontrolling interests 113 3,141
Distributions to and purchase of noncontrolling interests (7,980) (7,506)
Net cash used in financing activities (468,998) (345,289)
Effect of foreign exchange on cash and cash equivalents 5 63
Net decrease in cash and cash equivalents (246,486) (194,559)
Cash and cash equivalents, beginning of period 300,556 247,673
Cash and cash equivalents, end of period $ 54,070 $ 53,114