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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (unaudited) [Abstract]  
Quarterly Financial Information [Text Block]
16. Quarterly Financial Data (unaudited)
Summarized quarterly financial data, which has been adjusted for discontinued operations as discussed in Note 7, “Property Acquisitions and Discontinued Operations,” for the years ended December 31, 2013 and 2012, is as follows:
 
(in thousands, except per share amounts)
First
 
Second
 
Third
 
Fourth
 
Total(a)
2013:
 
 
 
 
 
 
 
 
 
Revenues
$
189,811

 
$
194,983

  
$
199,740

 
$
204,317

  
$
788,851

Net income attributable to common shareholders
63,476

 
72,172

 
70,720

 
129,996

  
336,364

Net income attributable to common shareholders per share – basic
0.72

(b)
0.82

(c)
0.80

(d) 
1.47

(e) 
3.82

Net income attributable to common shareholders per share – diluted
0.72

(b)
0.81

(c)
0.79

(d) 
1.46

(e) 
3.78

2012:
 
 
 
 
 
 
 
 
 
Revenues
$
164,046

 
$
170,807

  
$
179,667

 
$
183,798

  
$
698,318

Net income attributable to common shareholders
88,758

 
21,763

 
30,703

 
142,166

  
283,390

Net income attributable to common shareholders per share – basic
1.10

(f) 
0.26

 
0.36

(g) 
1.63

(h) 
3.35

Net income attributable to common shareholders per share – diluted
1.07

(f) 
0.26

 
0.35

(g) 
1.60

(h) 
3.30

(a)
Net income per share is computed independently for each of the quarters presented. Therefore, the sum of quarterly net income per share amounts may not equal the total computed for the year.
(b)
Includes a $31,783, or $0.37 basic and $0.36 diluted per share, impact related to the gain on sale of discontinued operations.
(c)
Includes a $24,866, or $0.29 basic and $0.28 diluted per share, impact related to the gain on sale of discontinued operations, and a $13,032, or $0.15 basic and diluted per share, impact related to our proportionate gain on sale of 14 joint venture communities included in equity in income of joint ventures.
(d)
Includes a $34,410, or $0.39 basic and diluted per share, impact related to the gain on sale of discontinued operations.
(e)
Includes a $91,101, or $1.04 basic and $1.03 diluted per share, impact related to the gain on sale of discontinued operations and a $3,245, or $0.04 basic and diluted per share, impact related to our proportionate gain on sale of two operating properties by one of our unconsolidated joint ventures included in equity in income of joint ventures.
(f)
Includes a $32,541, or $0.41 basic and $0.39 diluted per share, impact related to the gain on sale of discontinued operations, and a $40,191, or $0.50 basic and $0.49 diluted per share, impact related to the gain on acquisition of the controlling interest in twelve former unconsolidated joint ventures.
(g)
Includes a $2,875, or $0.03 basic and diluted per share, impact related to our proportionate gain on sale of one joint venture community included in equity in income of joint ventures.
(h)
Includes an $82,527, or $0.96 basic and $0.94 diluted per share, impact related to the gain on sale of discontinued operations. Also includes a $17,227, or $0.20 basic and diluted per share, impact related to the gain on acquisition of the controlling interest in one former unconsolidated joint venture, and a $14,543, or $0.17 basic and diluted per share, impact related to our proportionate gain on sale of six operating properties by two of our unconsolidated joint ventures included in equity in income of joint ventures.