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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flow from operating activities:      
Net loss $ (9,381) $ (25,329) $ (19,397)
Adjustments to reconcile net loss to net cash flow provided by operating activities:      
Depreciation and amortization 324,129 251,085 230,332
Stock-based compensation 8,371 7,553 7,439
Amortization of deferred finance costs and settled interest rate protection agreements 14,148 14,110 14,737
Accretion of convertible debt discount 10,789 10,884 14,914
Loss on debt retirement, net 0 505 89
Gain on equity derivative instruments 0 0 (21,926)
Settlement of accreted debt discount on repurchase of senior convertible notes 0 (17,294) (9,937)
Net cash paid from interest rate hedging contracts 0 (4,689) (2,285)
Equity in net income of joint ventures (6,819) (35,250) (13,734)
Impairment of joint venture investments 980 26,671 2,921
Net gain on change in control and sale of interests (19,906) (78,127) (29,886)
Operating cash distributions from joint ventures 15,116 13,165 9,424
Gain on disposition of real estate (11,741) (9,710) (47,242)
Impairment charges and loan loss reserves 72,597 130,771 130,844
Premium on issuance of senior notes 0 13,835 0
Change in notes receivable accrued interest (5,756) (6,314) (1,784)
Change in restricted cash 3,610 3,290 (4,317)
Net change in accounts receivable (3,463) 326 7,358
Net change in accounts payable and accrued expenses (18,651) 2,580 1,760
Net change in other operating assets and liabilities (49) 6,134 3,885
Total adjustments 383,355 329,525 292,592
Net cash flow provided by operating activities 373,974 304,196 273,195
Cash flow from investing activities:      
Real estate acquired, net of liabilities and cash assumed (857,795) (393,541) (93,898)
Real estate developed and improvements to operating real estate (210,709) (193,363) (123,963)
Proceeds from disposition of real estate 236,219 172,231 344,231
Equity contributions to joint ventures (21,043) (54,976) (7,719)
(Issuances) repayments of joint venture advances, net (41,000) (149,921) 22,378
Distributions of proceeds from sale and refinancing of joint venture interests 2,429 18,120 21,911
Return of investments in joint ventures 7,450 11,955 9,466
Purchase of securities available-for-sale (1,800) 0 0
Issuance of notes receivable (26,555) (10,239) (10,000)
Repayment of notes receivable 18,326 1,080 33,208
Change in restricted cash - capital improvements (3,381) 10,224 5,082
Net cash flow (used for) provided by investing activities (897,859) (588,430) 200,696
Cash flow from financing activities:      
(Repayments of) proceeds from revolving credit facilities, net (117,256) 5,511 (138,098)
Proceeds from issuance of senior notes, net of underwriting commissions and offering expenses, of $1,341, $1,345 and $350 in 2013, 2012 and 2011, respectively 591,006 439,892 295,495
Repayment of senior notes 0 (445,682) (207,858)
Proceeds from mortgages and other secured debt 46,645 718,506 186,956
Repayment of term loans and mortgage debt (519,881) (785,588) (499,767)
Payment of debt issuance costs (3,999) (5,622) (13,993)
Redemption of preferred shares (150,000) (170,000) (180,000)
Proceeds from issuance of common shares, net of underwriting commissions and offering expenses, of $721, $1,055 and $835 in 2013, 2012 and 2011, respectively 788,045 492,129 129,684
Proceeds from issuance of common shares related to the exercise of warrants 0 0 59,978
Proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses, of $412 and $845 in 2013 and 2012, respectively 144,863 192,855 0
Repurchase of common shares in conjunction with equity award plans (4,416) (3,841) (6,655)
Contributions from non-controlling interests 374 492 374
Distributions to non-controlling interests and redeemable operating partnership units (1,565) (9,128) (2,250)
Dividends paid (194,497) (154,761) (75,720)
Net cash provided by (used for) financing activities 579,319 274,763 (451,854)
Cash and cash equivalents      
Increase (decrease) in cash and cash equivalents 55,434 (9,471) 22,037
Effect of exchange rate changes on cash and cash equivalents 56 (561) (247)
Cash and cash equivalents, beginning of year 31,174 41,206 19,416
Cash and cash equivalents, end of year $ 86,664 $ 31,174 $ 41,206