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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Land $ 472,196 $ 472,196
Income producing property 1,947,630 1,934,587
Real estate investment property, at cost 2,419,826 2,406,783
Accumulated depreciation and amortization (556,833) (535,732)
Net income producing property 1,862,993 1,871,051
Development in progress 44,236 43,089
Total real estate held for investment, net 1,907,229 1,914,140
Cash and cash equivalents 17,809 12,765
Restricted cash 21,922 19,424
Rents and other receivables, net of allowance for doubtful accounts of $9,653 and $8,921, respectively 54,727 53,828
Prepaid expenses and other assets 114,859 120,601
Total assets 2,116,546 2,120,758
Liabilities    
Notes payable 657,562 657,470
Mortgage notes payable 426,485 427,710
Lines of credit 109,000 99,000
Accounts payable and other liabilities 57,766 51,145
Advance rents 15,065 13,739
Tenant security deposits 8,949 8,862
Total liabilities 1,274,827 1,257,926
Shareholders' equity    
Preferred shares; $0.01 par value; 10,000 shares authorized; no shares issued and outstanding 0 0
Shares of beneficial interest; $0.01 par value; 100,000 shares authorized: 66,310 and 66,265 shares issued and 66,309 and 66,265 shares outstanding at March 31, 2012 and December 31, 2011, respectively 662 662
Additional paid in capital 1,141,062 1,138,478
Distributions in excess of net income (303,815) (280,096)
Total shareholders' equity 837,909 859,044
Noncontrolling interests in subsidiaries 3,810 3,788
Total equity 841,719 862,832
Total liabilities and shareholders' equity $ 2,116,546 $ 2,120,758