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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Assets  
Land$ 472,812$ 381,338
Income producing property1,924,5261,670,598
Real estate investment property, at cost2,397,3382,051,936
Accumulated depreciation and amortization(516,319)(460,678)
Net income producing property1,881,0191,591,258
Development in progress39,73526,240
Total real estate held for investment, net1,920,7541,617,498
Investment in real estate sold or held for sale, net69,990286,842
Cash and cash equivalents40,75178,767
Restricted cash23,26720,486
Rents and other receivables, net of allowance for doubtful accounts of $8,122 and $7,422, respectively52,39644,280
Prepaid expenses and other assets125,68992,040
Other assets related to properties sold or held for sale3,50527,968
Total assets2,236,3522,167,881
Liabilities  
Notes payable657,378753,587
Mortgage notes payable428,909361,860
Lines of credit193,000100,000
Accounts payable and other liabilities55,87949,138
Advance rents13,39311,099
Tenant security deposits8,7517,390
Other liabilities related to properties sold or held for sale19,22923,949
Total liabilities1,376,5391,307,023
Shareholders' equity  
Shares of beneficial interest; $0.01 par value; 100,000 shares authorized: 66,066 and 65,870 shares issued and outstanding, respectively661659
Additional paid in capital1,136,2401,127,825
Distributions in excess of net income(281,930)(269,935)
Accumulated other comprehensive income (loss)(160)(1,469)
Total shareholders' equity854,811857,080
Noncontrolling interests in subsidiaries5,0023,778
Total equity859,813860,858
Total liabilities and shareholders' equity$ 2,236,352$ 2,167,881