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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net cash flow provided by operating activities: $ 91,891,000 $ 53,296,000
Cash flow from investing activities:    
Real estate acquired, net of liabilities and cash assumed (1,000,000) (80,894,000)
Real estate developed and improvements to operating real estate (46,048,000) (52,849,000)
Proceeds from disposition of real estate 128,947,000 36,068,000
Equity contributions to joint ventures (876,000) (1,101,000)
Distributions of proceeds from sale and refinancing of joint venture interests 5,306,000 0
Return of investments in joint ventures 2,830,000 1,558,000
Proceeds from sale of securities available-for-sale 880,000 0
Repayment of notes receivable 112,000 11,453,000
Change in restricted cash – capital improvements 1,704,000 (2,060,000)
Net cash flow provided by (used for) investing activities: 91,855,000 (87,825,000)
Cash flow from financing activities:    
Proceeds from revolving credit facilities, net 0 43,160,000
Proceeds from mortgages and other secured debt 1,379,000 37,659,000
Repayment of mortgage debt (49,932,000) (47,240,000)
Payment of debt issuance costs 0 (4,068,000)
Proceeds from issuance of common shares, net of underwriting commissions and offering expenses of $226 in 2013 0 39,374,000
Repurchase of common shares in conjunction with equity award plans (2,595,000) (2,244,000)
Contributions from non-controlling interests 93,000 94,000
Distributions to non-controlling interests and redeemable operating partnership units (415,000) (271,000)
Dividends paid (55,107,000) (44,210,000)
Net cash flow (used for) provided by financing activities: (106,577,000) 22,254,000
Cash and cash equivalents    
Increase (decrease) in cash and cash equivalents 77,169,000 (12,275,000)
Effect of exchange rate changes on cash and cash equivalents 2,000 (27,000)
Cash and cash equivalents, beginning of period 86,664,000 31,174,000
Cash and cash equivalents, end of period 163,835,000 18,872,000
Supplemental disclosure of non-cash investing and financing activities:    
Dividends payable 62,312,000 49,800,000
Real estate expenditures included in accounts payable $ 18,300,000 $ 19,500,000