XML 41 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes Income Taxes (Tables)
12 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Schedule Of Reconciliation Of Net Income Attributable To Common Stockholders To Taxable Net Income [Table Text Block]
The reconciliation of net income to REIT taxable income is set forth in the following table:
 
 
Year Ended December 31,
 
(in thousands)
 
2014
 
2013
 
2012
 
Net income attributable to common shareholders
 
$
292,089

 
$
336,364

 
$
283,390

 
(Income) loss from taxable REIT subsidiaries included above
 
(1,523
)
 
(2,940
)
 
3,323

 
Net income from REIT operations
 
$
290,566

 
$
333,424

 
$
286,713

 
Book depreciation and amortization, including discontinued operations
 
238,989

 
223,198

 
213,479

 
Tax depreciation and amortization
 
(200,153
)
 
(204,059
)
 
(171,060
)
 
Book/tax difference on gains/losses from capital transactions
 
(35,635
)
 
(86,358
)
 
(63,832
)
 
Other book/tax differences, net
 
8,805

 
(9,427
)
 
(40,961
)
 
REIT taxable income
 
$
302,572

 
$
256,778

 
$
224,339

 
Dividends paid deduction
 
(302,572
)
(1)
(256,778
)
(2)
(224,339
)
(3)
Dividends paid in excess of taxable income
 
$

 
$

 
$

 
(1) The dividends paid deduction includes estimated designated dividends from 2015 of approximately $84.0 million.
(2) We borrowed approximately $5.1 million from 2014 for designated dividends in 2013.
(3) We borrowed approximately $26.6 million from 2013 for designated dividends in 2012.
Summary Of Tax Components Of Common And Preferred Dividends Declared And Distributions [Table Text Block]
A schedule of per share distributions we paid and reported to our shareholders is set forth in the following table:
 
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Common Share Distributions
 
 
 
 
 
 
Ordinary income
 
$
1.23

 
$
1.40

 
$
0.96

Long-term capital gain
 
1.02

 
0.76

 
0.64

Unrecaptured Sec. 1250 gain
 
0.39

 
0.36

 
0.64

Total
 
$
2.64

 
$
2.52

 
$
2.24

Percentage of distributions representing tax preference items
 
4.17
%
 
4.95
%
 
5.72
%