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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Net cash flow provided by operating activities:    
Net income (loss) $ 58,517 $ (16,624)
Adjustments to reconcile net income (loss) to net cash flow provided by operating activities:    
Depreciation and amortization 209,201 139,546
Stock-based compensation 4,787 4,654
Amortization of deferred finance costs 6,461 8,041
Accretion of convertible debt discount 5,613 5,323
Equity in net income of joint ventures (6,621) (1,763)
Impairment of joint venture investments 9,100 0
Net gain on sale and change in control of interests (83,830) (1,066)
Operating cash distributions from joint ventures 3,314 9,121
Realized gain on sale of securities held for sale (840) 0
(Gain) loss on disposition of real estate (17,564) 3,044
Impairment charges 25,183 42,660
Change in notes receivable accrued interest (2,000) (1,879)
Change in restricted cash 2,981 1,400
Net change in accounts receivable 7,089 6,819
Net change in accounts payable and accrued expenses 4,835 (18,449)
Net change in other operating assets and liabilities (25,176) (17,309)
Total adjustments 142,533 180,142
Net cash flow provided by operating activities 201,050 163,518
Cash flow from investing activities:    
Real estate acquired, net of liabilities and cash assumed (156,532) (214,079)
Real estate developed and improvements to operating real estate (108,808) (106,734)
Proceeds from disposition of real estate and joint venture interest 514,628 92,669
Equity contributions to joint ventures (3,764) (15,699)
Issuance of joint venture advances, net 0 (11,000)
Distributions of proceeds from sale and refinancing of joint venture interests 9,600 717
Return of investments in joint ventures 6,438 4,569
Proceeds from sale of available-for-sale securities 1,251 0
Issuance of notes receivable 0 (13,578)
Repayment of notes receivable 225 11,596
Change in restricted cash - capital improvements (1,130) (1,207)
Net cash flow provided by (used for) investing activities 261,908 (252,746)
Cash flow from financing activities:    
Repayments of revolving credit facilities, net (533) (111,840)
Proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of $650 in 2013 0 295,591
Proceeds from mortgages and other secured debt 81,427 43,189
Repayment of term loans and mortgage debt (94,421) (104,416)
Payment of debt issuance costs (705) (3,914)
Redemption of preferred shares (55,000) (150,000)
Proceeds from issuance of common shares, net of underwriting commissions and offering expenses of $410 in 2013 0 83,770
Proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses of $546 in 2013 0 144,729
Repurchase of common shares in conjunction with equity award plans (2,510) (2,082)
Contributions from non-controlling interests 93 187
Distributions to non-controlling interests and redeemable operating partnership units (704) (688)
Dividends paid (117,927) (94,700)
Net cash flow (used for) provided by financing activities (190,280) 99,826
Cash and cash equivalents    
Increase in cash and cash equivalents 272,678 10,598
Effect of exchange rate changes on cash and cash equivalents (2) (54)
Cash and cash equivalents, beginning of period 86,664 31,174
Cash and cash equivalents, end of period $ 359,340 $ 41,718