XML 88 R73.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Information (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Sep. 30, 2014
USD ($)
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
Dec. 31, 2015
USD ($)
segment
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Segment Reporting Information [Line Items]                      
Number of Reportable Segments | segment                 3    
Real estate rental revenue $ 79,102 $ 78,243 $ 74,226 $ 74,856 $ 74,359 $ 73,413 $ 72,254 $ 68,611 $ 306,427 $ 288,637 $ 263,024
Real estate expenses                 112,234 103,695 93,293
Net operating income                 194,193 184,942 169,731
Depreciation and amortization                 (108,935) (96,011) (85,740)
General and administrative                 (20,257) (19,761) (17,535)
Real estate impairment     (5,900)           (5,909) 0 0
Acquisition costs                 (2,056) (5,710) (1,265)
Interest expense                 (59,546) (59,785) (63,573)
Other income                 709 825 926
Gain on sale of real estate 59,400   1,500 30,300         91,107 570 0
Loss on extinguishment of debt                 (119) 0 (2,737)
Income from properties sold or held for sale                 0 546 15,395
Gain on sale of real estate                 0 105,985 22,144
Net income 62,095 580 (2,886) 29,398 2,309 3,658 1,080 104,554 89,187 111,601 37,346
Less: Net loss attributable to noncontrolling interests in subsidiaries                 (553) (38) 0
Net income attributable to the controlling interests 62,133 $ 647 $ (2,546) $ 29,506 2,330 $ 3,668 $ 1,087 $ 104,554 89,740 111,639 37,346
Capital expenditures                 43,636 59,529 55,991
Total assets 2,191,168       2,108,317       $ 2,191,168 $ 2,108,317 $ 1,969,343
Office [Member]                      
Segment Reporting Information [Line Items]                      
Real estate rental revenue as a percentage of total                 0.57 0.57 0.58
Percentage of total income producing real estate assets                 0.59 0.61  
Real estate rental revenue                 $ 174,378 $ 166,116 $ 152,339
Real estate expenses                 67,228 63,903 57,293
Net operating income                 107,150 102,213 95,046
Capital expenditures                 29,745 43,128 37,777
Total assets 1,265,570       1,283,950       $ 1,265,570 $ 1,283,950 1,073,055
Medical Office [Member]                      
Segment Reporting Information [Line Items]                      
Real estate rental revenue                     0
Real estate expenses                     0
Net operating income                     0
Capital expenditures                     3,695
Total assets                     $ 84,001
Retail [Member]                      
Segment Reporting Information [Line Items]                      
Real estate rental revenue as a percentage of total                 0.21 0.21 0.21
Percentage of total income producing real estate assets                 0.17 0.19  
Real estate rental revenue                 $ 63,507 $ 60,263 $ 56,189
Real estate expenses                 15,606 14,022 13,768
Net operating income                 47,901 46,241 42,421
Capital expenditures                 3,897 5,496 4,204
Total assets 354,123       385,074       $ 354,123 $ 385,074 $ 344,084
Multifamily [Member]                      
Segment Reporting Information [Line Items]                      
Real estate rental revenue as a percentage of total                 0.22 0.22 0.21
Percentage of total income producing real estate assets                 0.24 0.20  
Real estate rental revenue                 $ 68,542 $ 62,258 $ 54,496
Real estate expenses                 29,400 25,770 22,232
Net operating income                 39,142 36,488 32,264
Capital expenditures                 7,865 9,186 10,153
Total assets 529,773       408,114       529,773 408,114 308,123
Corporate And Other [Member]                      
Segment Reporting Information [Line Items]                      
Real estate rental revenue                 0 0 0
Real estate expenses                 0 0 0
Net operating income                 0 0 0
Capital expenditures                 2,129 1,719 162
Total assets $ 41,702       $ 31,179       $ 41,702 $ 31,179 $ 160,080