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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 64,433 $ 93,104
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization, including discontinued operations 53,470 50,304
Gain on acquisition of controlling interest in joint ventures 0 (40,191)
Gain on sale of discontinued operations, net of tax (31,783) (32,541)
Gain on sale of land (698) 0
Distributions of income from joint ventures 1,299 1,024
Equity in income of joint ventures (934) [1] (366) [1]
Share-based compensation 3,274 3,005
Amortization of deferred financing costs 916 912
Net change in operating accounts and other (5,107) 528
Net cash from operating activities 84,870 75,779
Cash flows from investing activities    
Development and capital improvements (58,390) (60,269)
Acquisition of operating properties, including joint venture interests, net of cash acquired 0 (96,106)
Proceeds from sale of properties, including land and discontinued operations 68,237 54,125
Investments in joint ventures (600) (5,656)
Distributions of investments from joint ventures 276 2,620
Other (1,444) (183)
Net cash from investing activities 8,079 (105,469)
Cash flows from financing activities    
Borrowings on unsecured line of credit 0 43,000
Repayments on unsecured line of credit 0 (43,000)
Repayment of notes payable (27,122) (273,809)
Proceeds from issuance of common shares 9,366 435,911
Redemption of perpetual preferred units 0 (100,000)
Distributions to common shareholders, perpetual preferred units and non-controlling interests (49,941) (41,264)
Payment of deferred financing costs (306) (222)
Net decrease in accounts receivable - affiliates 6,677 1,294
Other 1,350 2,323
Net cash from financing activities (59,976) 24,233
Net increase (decrease) in cash and cash equivalents 32,973 (5,457)
Cash and cash equivalents, beginning of period 26,669 55,159
Cash and cash equivalents, end of period 59,642 49,702
Supplemental information    
Cash paid for interest, net of interest capitalized 7,160 8,633
Cash paid for income taxes 9 12
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 56,559 47,594
Value of shares issued under benefit plans, net of cancellations 22,811 20,055
Conversion of operating partnership units to common shares 47 448
Accrual associated with construction and capital expenditures 9,118 12,504
Acquisition of operating properties, including joint venture interests:    
Mortgage debt assumed 0 272,606
Other liabilities assumed $ 0 $ 4,621
[1] Equity in income excludes our ownership interest of fee income from various property management services provided by us to our joint ventures.