7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 
      
                                                                              
      cash flows from operating activities:
                                                                              
      net income
    -116,840,000 119,141,000 86,905,000 -237,817,000 108,452,000 106,949,000 106,604,000 153,155,000 -103,543,000 136,184,000 105,628,000 155,723,000 420,661,000 267,243,000 176,957,000 223,285,000 139,250,000 141,250,000 128,147,000 24,905,000 118,060,000 298,580,000 577,146,000 176,009,000 141,370,000 203,461,000 131,159,000 185,241,000 150,445,000 160,565,000 216,312,000 132,203,000 147,704,000 167,010,000 115,564,000 71,504,000 117,357,000 216,222,000 166,738,000 323,271,000 100,739,000 209,170,000 211,425,000 150,975,000 95,901,000 67,756,000 106,312,000 170,436,000 506,761,000 57,931,000 57,280,000 66,103,000 134,746,000 74,010,000 115,443,000 80,451,000 69,738,000 48,194,000 -12,756,000 68,089,000 72,487,000 62,507,000 62,746,000 77,650,000 80,073,000 54,030,000         
      adjustments to reconcile net income to net cash from operating activities:
                                                                              
      depreciation and amortization
    236,147,000 223,819,000 220,107,000 226,043,000 222,890,000 219,542,000 218,716,000 212,067,000 207,435,000 202,577,000 208,734,000 198,330,000 190,675,000 183,146,000 177,624,000 177,521,000 179,412,000 183,838,000 176,565,000 168,013,000 166,456,000 178,188,000 171,094,000 169,897,000 165,862,000 177,411,000 164,594,000 165,439,000 157,996,000 156,417,000 165,797,000 154,259,000 152,164,000 151,919,000 159,205,000 203,748,000 153,175,000 159,448,000 164,460,000 153,015,000 167,844,000 154,223,000 162,430,000 157,245,000 154,628,000 154,270,000 155,409,000 154,193,000 134,604,000 121,191,000 121,061,000 111,360,000 111,886,000 109,737,000 109,181,000 109,495,000 111,080,000 109,428,000 92,763,000 81,133,000 81,400,000 83,075,000 79,125,000 78,181,000 87,005,000 77,370,000 79,766,000 75,321,000 74,389,000 74,671,000 71,655,000 71,616,000 74,621,000 71,086,000 
      impairment losses
                                                                              
      amortization of right of use assets - operating leases
    10,000 86,000 203,000 543,000 -66,000 344,000 1,441,000 438,000 573,000 277,000 652,000 584,000 436,000 878,000 529,000 308,000 245,000 700,000 2,263,000 567,000 539,000 545,000 583,000  608,000 608,000 605,000                                                
      amortization of sales type lease
    -236,000 -232,000 -281,000 -254,000 -250,000                                                                      
      non-cash compensation expense
    4,703,000 11,943,000 22,917,000 4,397,000 4,365,000 16,314,000 18,873,000 4,779,000 5,175,000 15,262,000 26,262,000 7,818,000 8,013,000 14,960,000 21,235,000 7,762,000 8,728,000 14,280,000 20,090,000 7,990,000 8,253,000 10,374,000 17,525,000 7,705,000 7,809,000 10,394,000 15,050,000 8,417,000 8,457,000 8,471,000 14,772,000 8,101,000 8,023,000 8,435,000 10,802,000 7,643,000 7,578,000 10,069,000 6,358,000 6,345,000 5,469,000 11,011,000 5,391,000 5,809,000 6,519,000 10,380,000 6,154,000 6,537,000 6,681,000 25,783,000 4,820,000 6,746,000 6,755,000 11,358,000 5,970,000 5,937,000 5,909,000 11,856,000 6,127,000 6,380,000 6,334,000 14,011,000 6,500,000 6,483,000 6,559,000 7,094,000 5,572,000 6,470,000 5,631,000 5,433,000 3,040,000 3,047,000 3,057,000 3,214,000 
      loss (income) from unconsolidated joint ventures
    148,329,000 3,324,000 2,139,000       6,668,000 7,569,000        -5,225,000 79,700,000   369,000                                                    
      distributions of net cash flow from operations of unconsolidated joint ventures
    19,593,000 8,804,000 17,053,000 6,529,000 6,179,000 12,510,000 8,643,000 2,766,000 10,434,000 5,441,000 5,996,000 6,316,000 10,414,000 3,712,000 6,385,000 3,080,000 4,075,000 10,415,000 3,972,000 9,607,000 8,903,000 7,465,000 5,917,000 385,000 12,880,000 1,240,000 2,650,000 2,715,000 2,325,000 816,000 847,000 18,295,000 5,658,000 1,044,000 1,861,000 246,000 681,000 10,718,000 1,985,000 715,000 4,419,000 1,350,000 4,242,000 925,000 774,000 1,431,000 2,993,000 3,918,000 12,768,000 12,921,000 14,643,000 12,169,000 11,218,000 8,972,000 12,629,000 9,780,000 9,779,000 7,663,000 7,545,000 4,515,000 3,774,000 900,000 4,800,000 1,971,000 4,055,000 1,850,000         
      gains from investments in securities
    -2,400,000    -2,198,000 -315,000 -2,272,000         -1,882,000         -106,000    -1,075,000    -944,000 -730,000 -1,042,000  -478,000 -259,000   24,000 -393,000 -387,000 297,000 -662,000 -286,000  -956,000 -181,000 -735,000   186,000 -801,000    -373,000                 
      allowance for current expected credit losses
    -17,000 17,000 -23,000 34,000 8,000 32,000 4,000 71,000 38,000 219,000 45,000 252,000 -18,000 -224,000 -234,000 -449,000 -340,000 -290,000 -128,000 -148,000 1,513,000                                                      
      non-cash portion of interest expense
    7,123,000 7,669,000 9,257,000 11,568,000 11,403,000 2,063,000 12,109,000 7,982,000 7,601,000 7,553,000 7,387,000 6,127,000 7,176,000 6,568,000 5,960,000 5,784,000 5,800,000 5,800,000 5,984,000 5,987,000 5,914,000 5,837,000 5,646,000 5,660,000 5,694,000 5,453,000 5,447,000 5,381,000 5,315,000 5,308,000 5,299,000 5,383,000 5,312,000 -4,250,000 -7,729,000 -8,056,000 -9,192,000 -10,138,000 -9,453,000 -10,966,000 -10,968,000 -10,884,000 -10,590,000 -10,582,000 -10,495,000 -7,676,000 -26,500,000 9,029,000 9,559,000 10,561,000 10,462,000 10,788,000 10,042,000 11,839,000 13,946,000 14,002,000 13,580,000 13,434,000 13,975,000 13,605,000 17,670,000 10,924,000 14,353,000 14,156,000 13,549,000 13,606,000 3,862,000 2,908,000 2,440,000 2,360,000 2,340,000 2,259,000 2,492,000 2,306,000 
      income from early extinguishments of debt
    338,000                                                                        
      gains on sales of real estate
       -85,000       -55,726,000 -262,345,000 -96,247,000 -22,701,000 -115,556,000 -348,000   -5,259,000 209,000   57,000 15,000   -59,804,000 -7,863,000 -18,292,000 -96,397,000 -872,000 -2,891,000 -3,767,000 -133,000 -12,983,000 -67,623,000 -81,332,000 -199,479,000 -95,084,000 -126,102,000                -969,000 -1,765,000  -2,394,000 -4,493,000 -2,795,000  -1,753,000 -6,203,000 -23,438,000  -198,201,000 -13,829,000 -922,378,000 
      loss on sales-type lease
    2,490,000                                                                        
      unrealized (gain) loss on non-real estate investments
    -178,000 39,000 483,000                                                                        
      change in assets and liabilities:
                                                                              
      tenant and other receivables
    -9,187,000 2,433,000 1,903,000 -10,216,000 -15,811,000 10,289,000 29,454,000 -18,003,000 -17,188,000 -3,797,000 7,518,000 -11,754,000 -6,034,000 -7,468,000 17,635,000 -8,918,000 -3,372,000 -8,910,000 26,020,000 4,007,000 27,000 732,000 17,784,000 -4,199,000 -9,163,000 2,486,000 -14,000,000 27,626,000 -31,434,000 10,222,000 22,790,000 -10,095,000 10,495,000 -16,990,000 19,023,000 8,172,000 -11,055,000 25,018,000 -26,475,000 -11,263,000 -7,415,000 -1,173,000 -3,385,000 8,138,000 -13,536,000 21,652,000 -4,071,000 10,646,000 -17,708,000 10,690,000 -5,525,000 -1,440,000 7,434,000 22,686,000 -32,493,000 -3,249,000 10,273,000 6,073,000 -8,037,000 -7,626,000 10,815,000 -267,000 -16,027,000 12,157,000 -1,826,000 7,540,000 -7,316,000 -7,794,000 -5,721,000 23,494,000 -15,194,000 5,199,000 2,401,000 6,253,000 
      accrued rental income
    -30,891,000 -23,044,000 -28,178,000 -19,033,000 -25,986,000 -16,645,000 -35,945,000 -27,349,000 -29,225,000 -24,346,000 -18,619,000 -21,807,000 -27,367,000 -19,334,000 -29,567,000 -27,265,000 -34,849,000 -30,021,000 -9,413,000 -11,256,000 -42,444,000 -16,114,000 -27,285,000 -37,490,000 18,146,000 -21,903,000 -15,570,000 -2,143,000 4,240,000 -19,440,000 -26,319,000 -22,343,000 -16,664,000 -10,190,000 -9,158,000 -9,324,000 7,687,000 -12,981,000 -17,970,000 -15,768,000 -16,923,000 -23,250,000 -15,719,000 -20,196,000 -11,857,000 -10,127,000 -15,336,000 -15,509,000 -14,832,000 -14,295,000 -17,858,000 -19,907,000 -20,332,000 -19,266,000 -13,837,000 -16,960,000 -28,761,000 -20,434,000 -21,675,000 -19,954,000 -24,112,000 -13,821,000 -9,412,000 -13,586,000 -8,886,000 -14,526,000 -4,184,000 9,738,000 -13,138,000 -12,417,000 -8,005,000 -8,693,000 -8,585,000 -13,020,000 
      prepaid expenses and other assets
    -48,959,000 51,635,000 -73,910,000 67,831,000 -56,230,000 57,720,000 -74,705,000 69,285,000 -51,863,000 73,004,000 -97,762,000 66,203,000 -52,430,000 78,057,000 -71,731,000 40,208,000 -46,897,000 82,229,000 -96,351,000 72,853,000 -48,308,000 81,762,000 -93,819,000 66,822,000 -54,538,000 59,235,000 -68,554,000 64,410,000 -47,297,000 62,327,000 -66,968,000 65,058,000 -49,856,000 57,420,000 -21,197,000 -57,869,000 17,192,000 45,560,000 -37,865,000 -42,557,000 60,098,000 3,447,000 55,042,000 -86,246,000 45,453,000 5,989,000 54,211,000 -58,953,000 -976,000 18,684,000 36,890,000 -68,518,000 31,635,000 6,983,000 27,384,000 -60,092,000 22,927,000 -29,432,000 27,346,000 -19,406,000 28,613,000 -33,314,000 24,293,000 -19,072,000 24,759,000 -25,263,000 21,638,000 -17,528,000 22,346,000 -29,098,000 24,886,000 -7,927,000 16,755,000 -23,028,000 
      right of use assets - operating lease
       -750,000                                                                   
      lease liabilities - operating leases
    -540,000 361,000 -162,000 188,000 607,000 244,000 -1,241,000 -403,000 142,000 391,000 -251,000 -322,000 365,000 -34,000 116,000 424,000 -22,457,000 -236,000 -1,330,000 376,000 358,000 406,000 393,000 425,000 411,000 410,000 370,000                                                
      accounts payable and accrued expenses
    30,673,000 26,797,000 -14,664,000 -9,991,000 32,246,000 -3,925,000 -20,725,000 782,000 34,594,000 14,825,000 -8,505,000 -25,944,000 21,803,000 13,164,000 -31,800,000 -6,072,000 19,997,000 27,678,000 -21,578,000 -12,332,000 28,766,000 28,098,000 -48,591,000 -19,840,000 15,009,000 17,200,000 258,000 -5,001,000 16,253,000 4,014,000 -13,913,000 2,621,000 10,469,000 13,698,000 -16,306,000 7,616,000 14,445,000 -5,209,000 -3,373,000 3,036,000 -438,000 -5,535,000 -334,000 8,941,000 -5,992,000 1,288,000 3,929,000 7,780,000 2,571,000 -1,172,000 141,000 6,423,000 -4,273,000 1,563,000 1,319,000 5,172,000 9,303,000 -9,134,000 -2,119,000 3,701,000 -10,899,000 -23,522,000 6,054,000 1,386,000 7,631,000 -223,000 -7,225,000 13,825,000 9,703,000 -10,541,000 -3,059,000 7,692,000 5,711,000 -6,511,000 
      accrued interest payable
    -846,000 544,000 -7,660,000 6,736,000 9,254,000 -7,466,000 -14,171,000 5,262,000 17,334,000 -3,312,000 10,626,000 11,889,000 -4,936,000 5,969,000 -3,933,000 7,398,000 -19,978,000 30,711,000 -28,970,000 17,413,000 -6,464,000 12,906,000 -7,644,000 6,962,000 -6,026,000 82,000 -160,000 -3,623,000 -4,139,000 600,000 12,399,000 -15,688,000 13,928,000 -181,542,000 22,781,000 12,453,000 597,000 31,192,000 -10,530,000 22,368,000 -8,082,000 23,098,000 -18,422,000 25,930,000 -22,627,000 11,128,000 -13,787,000 33,067,000 -28,136,000 30,158,000 -28,321,000 36,654,000 -36,050,000 31,073,000 -20,450,000 27,509,000 -26,024,000 25,743,000 -22,362,000 4,168,000 11,355,000 -6,892,000 26,522,000 -16,927,000 16,134,000 -16,803,000 18,427,000 -7,274,000 8,624,000 -7,132,000 7,816,000 -12,434,000 10,188,000 1,476,000 
      other liabilities
    716,000 -29,724,000 -11,862,000 40,405,000 5,343,000 -20,076,000 -12,846,000 13,521,000 15,519,000 -38,338,000 16,565,000 11,370,000 2,242,000 -25,586,000 -12,146,000 23,199,000 1,981,000 -29,742,000 -24,177,000 42,497,000 -2,956,000 -616,000 -21,296,000 28,880,000 -47,946,000 -12,672,000 -17,831,000 6,516,000 -13,132,000 -11,518,000 23,089,000 20,117,000 -31,938,000 -26,003,000 -7,090,000 -42,516,000 -38,486,000 -33,319,000 39,365,000 -16,790,000 -33,444,000 -23,136,000 2,922,000 -21,542,000 -17,056,000 -22,197,000 11,425,000 10,734,000 -12,383,000 -7,703,000 8,293,000 650,000 -16,472,000 8,883,000 22,233,000 12,853,000 -22,577,000 -5,940,000 10,605,000 9,491,000 -19,471,000 -10,018,000 -1,577,000 7,027,000 -2,508,000 -12,394,000 10,108,000 -18,500,000 -31,712,000 -13,919,000 13,663,000 -4,093,000 -2,950,000 -1,302,000 
      tenant leasing costs
    -29,945,000 -29,477,000 -17,384,000 -57,301,000 -19,212,000 -12,822,000 -29,627,000 -11,803,000 -18,212,000 -11,740,000 -35,911,000 -25,510,000 -17,986,000 -25,657,000 -14,904,000 -25,232,000 -10,509,000 -10,494,000 -16,615,000 -27,151,000 -15,553,000 -19,291,000 -17,777,000 -41,160,000 -23,607,000 -34,095,000 -18,420,000 -41,376,000 -34,623,000 -23,148,000 -31,595,000 -36,730,000 -30,447,000 -13,621,000 -23,631,000 -21,757,000 -20,788,000 -19,867,000 -34,974,000 -12,418,000 -15,396,000 -27,608,000 -35,429,000 -18,658,000 -28,424,000 -16,565,000 -19,278,000 -17,295,000 -10,923,000 -8,932,000 -35,024,000 -17,942,000 -15,922,000 -7,933,000 -12,426,000 -19,854,000 -11,775,000 -9,157,000 -30,262,000 -11,561,000 -8,087,000 -9,603,000 -23,181,000 -10,010,000 -7,933,000 -5,156,000 -16,283,000 -9,299,000 -11,696,000 -20,531,000 -14,171,000 -9,436,000 -6,406,000 -4,754,000 
      total adjustments
    391,064,000 234,004,000 123,131,000 621,563,000 177,644,000 260,115,000 90,991,000 233,993,000 404,732,000 242,989,000 128,382,000 214,273,000 -124,897,000 129,906,000 42,533,000 123,083,000 87,133,000 267,163,000 23,916,000 349,512,000 110,091,000 80,495,000 -401,949,000 185,364,000 112,818,000 154,909,000 76,075,000 194,377,000 59,336,000 174,503,000 9,466,000 182,530,000 72,730,000 -41,262,000 130,966,000 88,130,000 117,814,000 132,758,000 23,795,000 -157,469,000 140,891,000 -7,724,000 14,451,000 9,709,000 88,883,000 56,453,000 121,193,000 45,147,000 -409,352,000 179,498,000 121,983,000 66,503,000 27,073,000 95,251,000 48,026,000 72,307,000 88,079,000 84,090,000 55,795,000 54,261,000 77,923,000 -2,413,000 106,714,000 53,329,000 126,728,000 56,106,000 289,183,000 65,118,000 67,022,000 14,353,000 52,037,000 -101,275,000 83,057,000 -729,131,000 
      net cash from operating activities
    274,224,000 353,145,000 210,036,000 383,746,000 286,096,000 367,064,000 197,595,000 387,148,000 301,189,000 379,173,000 234,010,000 369,996,000 295,764,000 397,149,000 219,490,000 346,368,000 226,383,000 408,413,000 152,063,000 374,417,000 228,151,000 379,075,000 175,197,000 361,373,000 254,188,000 358,370,000 207,234,000 379,618,000 209,781,000 335,068,000 225,778,000 314,733,000 220,434,000 125,748,000 246,530,000 159,634,000 235,171,000 348,980,000 190,533,000 165,802,000 241,630,000 201,446,000 225,876,000 160,684,000 184,784,000 124,209,000 227,505,000 215,583,000 97,409,000 237,429,000 179,263,000 132,606,000 161,819,000 169,261,000 163,469,000 152,758,000 157,817,000 132,284,000 43,039,000 122,350,000 150,410,000 60,094,000 169,460,000 130,979,000 206,801,000 110,136,000 197,949,000 113,597,000 146,548,000 102,814,000 176,255,000 141,267,000 186,680,000 125,176,000 
      cash flows from investing activities:
                                                                              
      construction in progress
    -221,870,000 -139,871,000 -138,796,000 -181,398,000 -156,346,000 -131,966,000 -181,636,000 -164,338,000 -126,294,000 -115,649,000 -119,682,000 -116,190,000 -146,901,000 -136,869,000 -100,313,000 -132,774,000 -145,527,000 -116,081,000 -119,496,000 -123,683,000 -111,209,000 -104,455,000 -143,160,000 -155,785,000 -187,016,000 -117,627,000 -85,632,000 -164,402,000 -149,824,000 -230,505,000 -150,060,000 -156,121,000 -154,536,000 -143,229,000 -154,518,000 -116,772,000 -120,004,000 -122,940,000 -122,680,000 -97,554,000 -94,417,000 -60,013,000 -100,750,000 -98,589,000 -109,578,000 -97,025,000 -117,049,000 -98,730,000 -77,878,000 -103,178,000 -117,770,000 -86,079,000 -58,891,000 -93,657,000  -68,322,000 -72,381,000 -64,877,000                 
      building, pre-development and other capital improvements
    -42,629,000                                                                          
      tenant improvements
    -103,446,000 -79,410,000 -60,338,000 -79,477,000 -60,987,000 -64,471,000 -53,377,000 -66,084,000 -109,098,000 -68,568,000 -67,175,000 -78,699,000 -42,142,000 -42,676,000 -55,168,000 -45,074,000 -57,259,000 -68,418,000 -93,201,000 -62,022,000 -53,498,000 -54,731,000 -64,172,000 -60,299,000 -75,592,000 -61,698,000 -54,242,000 -80,584,000 -45,468,000 -36,825,000 -47,157,000 -52,582,000 -45,216,000 -56,723,000 -50,810,000 -50,827,000 -61,196,000 -55,739,000 -58,520,000 -34,608,000 -24,494,000 -26,950,000 -25,311,000 -26,757,000 -22,384,000 -31,551,000 -26,963,000 -22,474,000 -31,000,000 -24,988,000 -31,562,000 -35,314,000 -37,874,000 -34,912,000 -25,920,000 -22,110,000 -14,039,000 -14,251,000                 
      proceeds from sale of real estate
                                                                             
      acquisition of real estate upon consolidation of unconsolidated joint ventures
                                                                              
      capital contributions to unconsolidated joint ventures
    -34,092,000 -31,821,000 -52,611,000 -44,598,000 -27,037,000 -34,004,000 -26,457,000 -43,775,000 -45,280,000 -42,850,000 -60,745,000 -167,938,000 -39,824,000 -43,526,000 -26,293,000 -2,690,000 -75,430,000 -3,348,000 -16,684,000 -14,062,000 -52,206,000 -16,171,000 -89,997,000 -21,893,000 -15,431,000 -23,073,000 -26,995,000 -31,642,000 -248,825,000 -16,427,000 -48,823,000 -19,141,000 -48,383,000 -23,511,000 -17,980,000 -520,942,000 -15,825,000 -10,215,000 -17,344,000 -5,874,000 -12,545,000 -2,444,000 -4,285,000      -113,000 -5,847,000 -42,000 -278,000 -47,000 -103,000 -1,151,000 -15,484,000 -1,232,000 -1,380,000 -321,000               
      capital distributions from unconsolidated joint ventures
           25,437,000   500,000 16,527,000 20,095,000 122,000 175,000 710,000   31,807,000             24,527,000 850,000 284,000 244,000 113,000 2,795,000 21,885,000   500,000 3,000,000 57,000     22,752,000 2,160,000               
      investment in non-real estate investments
    -630,000 -996,000 -434,000 -1,000,000 -875,000   -197,000 -1,257,000 -733,000                                                                
      issuance of note receivables
    -2,226,000 -1,200,000 -600,000 -1,035,000 -800,000 -850,000 -573,000                                                                    
      investments in securities
    -142,000 -167,000 1,031,000 -889,000 -143,000 -257,000 1,425,000 -283,000 -253,000 189,000 1,843,000 -141,000 -154,000 -141,000 5,338,000 -233,000 -231,000 -199,000 2,114,000 -227,000 -228,000 -195,000 3,201,000 -195,000 -858,000 -194,000 -885,000 -141,000 -238,000 -205,000 -318,000 -218,000 -256,000 -234,000 -961,000 -271,000 -220,000 -438,000 -242,000 -207,000 -241,000 -884,000 -238,000 -204,000 -239,000 -1,099,000 -225,000 -195,000 -220,000 -918,000 -193,000 -169,000 -29,000 -844,000 -198,000 -197,000 -169,000 -695,000                 
      net cash from investing activities
    -375,824,000 -303,261,000 -309,143,000 -386,609,000 -297,283,000 -266,885,000 -286,619,000 -318,103,000 -320,714,000 -269,272,000 -285,592,000 -289,582,000 -333,050,000 -828,835,000 -151,335,000 -41,588,000 -434,757,000 -321,338,000 -242,273,000 -225,308,000 -267,889,000 -46,729,000 -73,793,000 -278,625,000 -408,514,000 -104,437,000 -223,515,000 -78,809,000 -534,266,000 -302,013,000 -183,788,000 -275,387,000 -82,957,000 -276,877,000 -262,593,000 -678,792,000 -316,235,000 -109,357,000 -679,027,000 219,636,000 176,440,000 2,725,000 -176,868,000 -141,685,000 -199,499,000 -147,072,000 -79,195,000 -1,143,000 -19,311,000 -432,991,000 -257,920,000 -213,698,000 -46,304,000 -760,110,000 -59,694,000 159,704,000 -69,077,000 -121,029,000 -385,568,000 -490,140,000 -132,620,000 -152,946,000 -118,316,000 -129,320,000 -106,051,000 -92,914,000 -102,559,000 -582,730,000 -720,747,000 90,360,000 -476,778,000 176,078,000 -67,845,000 945,476,000 
      bxp, inc.consolidated statements of cash flows
                                                                              
      cash flows from financing activities:
                                                                              
      repayments of mortgage notes payable
    -1,043,000 -1,030,000 -1,122,000 -1,319,000 -1,442,000 -1,215,000 -804,000         -819,035,000 -3,967,000 -3,920,000 -5,374,000 -4,373,000 -4,318,000 -4,265,000 -4,212,000 -30,663,000 -5,808,000 -4,057,000 -5,645,000 -3,957,000 -5,485,000 -3,859,000 -5,333,000 -3,763,000 -5,182,000 -1,303,670,000 -5,038,000 -1,100,749,000 -216,270,000 -6,265,000 -34,664,000 -7,228,000 -5,885,000 -7,024,000 -5,728,000 -69,823,000 -5,577,000 -6,630,000 16,439,000 -16,885,000 -56,178,000 -23,687,000 -5,573,000 -28,439,000 -69,346,000 -150,519,000 -55,767,000 -727,435,000 -459,862,000 -8,777,000 -428,660,000 -265,343,000 -28,957,000 -7,231,000 -5,970,000 -27,210,000 -84,697,000 -7,361,000 -22,695,000 -283,266,000 -266,354,000 -30,739,000 -74,483,000 -237,386,000 -173,085,000 -711,664,000 
      proceeds from unsecured senior notes
                849,651,000 846,345,000   699,678,000           992,710,000 997,080,000                 843,710,000               
      repayment / redemption of unsecured senior notes
    -850,000,000 -700,000,000                                                                   
      proceeds from unsecured exchangeable senior notes
                                                                         840,363,000 
      borrowings on unsecured line of credit
    345,000,000 160,000,000 360,000,000         100,000,000 545,000,000 150,000,000 190,000,000 470,000,000    265,000,000 330,000,000 50,000,000 165,000,000 235,000,000 85,000,000 260,000,000 110,000,000 40,000,000 255,000,000 175,000,000                                200,000,000 562,000,000   75,000,000 185,000,000 
      repayments of unsecured line of credit
    -530,000,000 -275,000,000 -60,000,000         -440,000,000 -370,000,000 -240,000,000 -80,000,000 -325,000,000    -250,000,000 -15,000,000 -330,000,000 -50,000,000 -335,000,000 -65,000,000 -200,000,000 -190,000,000 -65,000,000 -40,000,000 -360,000,000 -70,000,000                              -419,000,000 -443,000,000   -75,000,000 -185,000,000 
      borrowings on unsecured term loans
    700,000,000                                                                        
      repayment of unsecured term loans
    -700,000,000                                                                       
      payments on finance lease obligations
    -3,439,000 -3,391,000 -3,344,000 -3,297,000 -3,251,000 -2,839,000 -3,160,000         632,000       126,000 -158,000 -470,000                                                
      borrowings on commercial paper program
    1,684,527,000 2,709,842,000 1,287,523,000 1,808,401,000 1,695,857,000                                                                      
      repayments on commercial paper program
    -1,684,527,000 -2,459,842,000 -1,287,523,000 -1,808,401,000 -1,695,857,000                                                                      
      deferred financing costs
    -22,667,000 -376,000 -14,102,000 -1,343,000 -8,259,000 -2,525,000 -108,000 -6,777,000 -300,000 -6,126,000 -6,213,000 -6,230,000 -1,871,000 -359,000 13,000 -7,128,000 -6,497,000 -7,145,000 -951,000 -9,454,000 -11,000 -83,000 -6,018,000 -6,926,000 -186,000 -8,099,000 -247,000 -16,000 -6,622,000 -448,000   -8,054,000 -8,047,000 -222,000 -1,125,000 -143,000 -20,000 -13,000 -18,000 -15,000 -6,634,000   -20,000 -690,000 -7,667,000 -91,000 -6,867,000 -2,883,000 -5,544,000 -676,000 -8,790,000 -1,912,000   -6,032,000 -684,000 -3,008,000 -125,000 -1,217,000 -9,354,000 -4,732,000 -46,000 -596,000 -119,000 -546,000 -4,717,000 
      capped call transactions premium
                                                                              
      net activity from equity transactions
    505,000 -117,000 -821,000 -3,000 408,000 -2,136,000 406,000 -625,000 586,000 7,000 7,000                                                              
      dividends and distributions
    -173,302,000 -173,300,000 -173,118,000 -172,509,000 -172,787,000 -172,780,000 -171,794,000 -172,835,000 -171,649,000 -172,055,000 -171,270,000 -171,533,000 -171,535,000 -171,463,000 -170,488,000 -170,372,000 -170,264,000 -171,551,000 -171,566,000 -172,332,000 -172,333,000 -172,275,000 -171,964,000 -166,667,000 -166,666,000 -166,599,000 -166,362,000 -166,364,000 -140,510,000 -140,466,000 -140,288,000 -131,678,000 -131,679,000 -131,666,000 -131,555,000 -114,361,000 -114,334,000 -328,567,000 -114,180,000 -114,179,000 -114,156,000 -883,684,000 -113,950,000 -113,702,000 -116,282,000 -496,330,000 -113,678,000 -113,989,000 -112,511,000 -110,940,000 -93,905,000 -93,725,000 -92,957,000 -92,312,000 -83,996,000 -83,771,000 -83,388,000 -81,442,000 -81,433,000 -81,208,000 -81,094,000 -80,951,000 -80,896,000 -80,740,000 -98,040,000 -97,652,000 -96,943,000 -96,940,000 -105,494,000 -936,390,000 -96,339,000 -96,262,000 -105,369,000 -845,500,000 
      proceeds from sale of interest in property partnerships and contributions from noncontrolling interests in property partnerships
    1,588,000 60,441,000 5,150,000 70,397,000 95,724,000 67,481,000 141,118,000                                                                    
      distributions to noncontrolling interests in property partnerships
    -25,550,000 -18,477,000 -19,525,000 -25,351,000 -14,894,000 -17,434,000 -20,025,000 -21,605,000 -12,150,000 -14,614,000 -21,606,000 -24,289,000 -20,150,000 -14,439,000 -26,640,000 -194,160,000 -27,675,000 -19,704,000 -18,225,000 -18,720,000 -11,026,000 -13,315,000 -15,750,000 -16,764,000 -13,748,000 -15,273,000 -24,128,000 -25,705,000 -12,763,000 -13,343,000 -30,690,000 -12,737,000 -14,490,000 -13,314,000 -13,801,000 -12,780,000 -12,999,000 -12,915,000 -25,581,000 -110,446,000 -18,948,000 -17,974,000 -11,594,000 -11,075,000 -9,306,000 -5,143,000             -1,865,000 -500,000 -500,000 -500,000  -500,000 -1,250,000 -1,750,000         
      acquisition of noncontrolling interests in property partnerships
                                                                              
      net cash from financing activities
    512,488,000 -1,250,000 -756,882,000 -133,425,000 745,170,000 -129,312,000 -756,909,000 613,134,000 -678,577,000 554,307,000 279,052,000 207,512,000 -16,678,000 452,193,000 -86,970,000 -885,543,000 653,015,000 -398,978,000 -679,936,000 -194,569,000 -187,128,000 800,731,000 65,288,000 -195,627,000 -203,833,000 476,693,000 -190,612,000 -85,402,000 21,209,000 238,876,000 -92,230,000 -97,634,000 -136,857,000 340,625,000 -37,912,000 -241,563,000 -344,570,000 642,337,000 -174,795,000 -341,182,000 -139,715,000 -902,854,000 867,407,000 -208,911,000 -128,282,000 -1,162,701,000 575,552,000 -181,896,000 621,257,000 62,960,000 -102,580,000 -367,690,000 965,286,000 -641,163,000 656,409,000 -30,022,000 -55,461,000 257,102,000 -448,597,000 -65,584,000 465,266,000 -135,689,000    -114,943,000 90,523,000 412,620,000 -108,334,000 -905,452,000 -86,754,000 -308,465,000 -249,853,000 219,896,000 
      net decrease in cash and cash equivalents and cash held in escrows
    410,888,000 48,634,000 -855,989,000            -18,815,000            -206,893,000    -50,240,000                                            
      cash and cash equivalents and cash held in escrows, beginning of period
    1,335,196,000 1,612,567,000 736,812,000 501,158,000 1,719,329,000 691,886,000 639,191,000 505,369,000                                            
      cash and cash equivalents and cash held in escrows, end of period
    410,888,000 48,634,000 479,207,000 -136,288,000 733,983,000 -29,133,000 766,634,000 682,179,000 -698,102,000 664,208,000 964,282,000 287,926,000 -53,964,000 20,507,000 482,343,000 -580,763,000 444,641,000 -311,903,000 949,183,000 -45,460,000 -226,866,000 1,133,077,000 858,578,000 -112,879,000 -358,159,000 730,626,000 432,298,000 215,407,000 -303,276,000 271,931,000 455,129,000                                            
      reconciliation of cash and cash equivalents and cash held in escrows:
                                                                              
      cash and cash equivalents, beginning of period
    1,254,882,000 1,531,477,000 690,333,000 452,692,000 1,668,742,000 644,950,000 543,359,000 434,767,000  356,914,000 723,718,000  1,763,079,000  2,365,137,000  1,041,978,000  1,823,208,000  478,948,000  1,448,933,000  241,510,000 1,506,921,000 725,788,000 
      cash held in escrows, beginning of period
    80,314,000 81,090,000 46,479,000 48,466,000 50,587,000 46,936,000 95,832,000 70,602,000                                            
      cash and cash equivalents, end of period
    414,113,000 48,827,000 398,126,000 -165,593,000 735,099,000 -16,319,000 701,695,000 648,830,000 -698,928,000 662,623,000 918,952,000 314,559,000 -80,717,000 20,220,000 436,271,000 -550,036,000 445,421,000 -140,062,000 697,369,000 -46,041,000 23,736,000 1,030,314,000 660,733,000 -106,260,000 -335,791,000 726,910,000 360,091,000 220,857,000 -150,053,000 177,984,000 294,571,000  620,000 189,496,000 302,939,000 -760,721,000 -425,634,000 1,605,678,000  44,256,000 278,355,000 1,064,396,000  -189,912,000 -142,997,000 1,179,573,000  32,544,000 699,355,000 909,376,000  -448,782,000 1,080,801,000 591,196,000  282,440,000 33,279,000 747,305,000  -433,374,000 483,056,000 1,220,392,000  -37,139,000 675,456,000 143,789,000 185,913,000 -56,513,000 -682,533,000 794,643,000 -387,277,000 8,880,000 -131,018,000 2,016,336,000 
      cash held in escrows, end of period
    -3,225,000 -193,000 81,081,000 29,305,000 -1,116,000 -12,814,000 64,939,000 33,349,000 826,000 1,585,000 45,330,000 -26,633,000 26,753,000 287,000 46,072,000 -30,727,000 -780,000 -171,841,000 251,814,000 581,000 -250,602,000 102,763,000 197,845,000 -6,619,000 -22,368,000 3,716,000 72,207,000 -5,450,000 -153,223,000 93,947,000 160,558,000                                            
      supplemental disclosures:
                                                                              
      cash paid for interest
    170,951,000 167,236,000 175,700,000 170,321,000 163,337,000 161,692,000 180,717,000 149,973,000 130,802,000 147,516,000 125,698,000 110,836,000 122,658,000 104,505,000 111,904,000 107,427,000 131,648,000 79,586,000 146,781,000 97,901,000 121,837,000 99,058,000 114,696,000 101,026,000 121,279,000 109,660,000 107,094,000 112,816,000 110,305,000 103,486,000 89,412,000 121,297,000 89,144,000 295,271,000 92,774,000 110,032,000 123,497,000 93,524,000 134,459,000 106,425,000 136,434,000 104,508,000 156,567,000 110,183,000 158,976,000 220,790,000 179,321,000 97,475,000 196,685,000 74,492,000 136,653,000 67,719,000 135,986,000 140,508,000 128,049,000 67,270,000 119,638,000 71,213,000 119,473,000 88,632,000 89,983,000 96,084,000 58,942,000 92,843,000 61,037,000 94,237,000 60,369,000 83,939,000 63,236,000 82,096,000 68,552,000 88,479,000 69,007,000 74,452,000 
      interest capitalized
    13,491,000 12,148,000 10,317,000 10,634,000 11,625,000 10,336,000 9,381,000 9,207,000 12,273,000 10,564,000 10,589,000 12,082,000 12,229,000 14,079,000 13,740,000 16,465,000 11,586,000 13,014,000 12,032,000 12,552,000 13,463,000 13,717,000 14,149,000 13,658,000 16,184,000 13,256,000 11,813,000 14,172,000 16,595,000 17,621,000 17,378,000 17,784,000 16,658,000 14,283,000 12,345,000 9,788,000 9,899,000 9,269,000 8,298,000 9,100,000 8,850,000 7,965,000 7,667,000 12,223,000 14,877,000 17,709,000 17,900,000 17,398,000 18,436,000 14,418,000 12,869,000 10,131,000 10,077,000 11,201,000 11,977,000 13,004,000 11,958,000 11,239,000 14,569,000 9,302,000 9,023,000 8,087,000 11,637,000 12,982,000 12,087,000 12,110,000 11,397,000 11,265,000 9,736,000 9,485,000 10,419,000 8,375,000 7,944,000 4,308,000 
      non-cash investing and financing activities:
                                                                              
      write-off of fully depreciated real estate
    -60,830,000 -27,488,000 -20,549,000 -35,421,000 -18,654,000 -30,006,000 -27,993,000  -25,276,000 -29,487,000 -56,391,000 -23,538,000 -30,561,000 -30,489,000 -34,946,000 -80,209,000 -60,436,000 -73,511,000 -25,161,000 -25,910,000 -23,443,000 -11,359,000 -38,782,000  -25,213,000 -29,643,000 -31,640,000 -35,313,000 -21,218,000 -49,291,000 -29,609,000 -20,919,000 -17,837,000 -36,843,000 -49,292,000 -116,153,000                                       
      change in real estate included in accounts payable and accrued expenses
    -23,714,000 48,937,000 15,198,000 -29,856,000 27,861,000 -378,000 -48,518,000  3,873,000 13,870,000 11,692,000 68,296,000 -11,365,000 23,748,000 16,907,000 -3,079,000 718,000 19,956,000 -42,778,000 11,076,000 -5,463,000 1,954,000 -27,415,000                                                    
      right of use assets obtained in exchange for lease liabilities - operating lease
       4,994,000 25,637,000                                                                    
      lease liability - finance lease reversal for re-assessment event
                                                                             
      right of use asset - finance lease reversal for re-assessment event
                                                                             
      impairment loss
       13,615,000                  24,038,000                    8,306,000                         
      gain on sale of real estate
                                                                              
      non-cash contributions from noncontrolling interests in property partnerships
     -2,674,000 281,000                                                                        
      capitalized operating lease costs
     7,548,000 7,548,000  7,549,000 7,550,000 7,548,000                                                                    
      investment in unconsolidated joint ventures eliminated upon consolidation
        -11,834,000                                                                    
      mortgage note payable recorded upon consolidation
        207,093,000                                                                    
      (gains) losses from investments in securities
      365,000               -2,275,000 -1,659,000        -2,969,000                                                
      building and other capital improvements
      -57,395,000 -71,256,000 -51,612,000 -34,712,000 -32,087,000 -54,031,000 -39,049,000 -39,244,000 -39,100,000 -64,249,000 -49,477,000 -36,467,000 -26,811,000 -47,158,000 -37,807,000 -33,316,000 -32,717,000 -43,232,000 -48,508,000 -29,232,000 -39,154,000 -51,216,000 -49,397,000 -47,224,000 -32,719,000 -48,802,000 -44,239,000 -43,180,000 -53,550,000 -60,087,000 -61,587,000 -57,121,000 -43,687,000 -33,536,000 -22,977,000 -25,329,000 -28,111,000 -36,511,000 -28,742,000 -19,391,000 -25,150,000 -20,044,000 -19,775,000 -17,510,000 -27,016,000 -23,124,000 -9,519,000 -14,162,000 -17,784,000 -10,590,000 -12,956,000 -8,613,000 -32,555,000 -16,016,000 -4,516,000 -8,874,000                 
      real estate and intangibles recorded upon consolidation
         -220,015,000                                                                    
      dividends and distributions declared but not paid
      172,674,000   18,000 172,154,000  451,000 38,000 171,427,000  15,000 68,000 170,869,000  21,000 -1,285,000 171,003,000   51,000 171,026,000  2,000 67,000 165,352,000 -4,000 25,855,000 45,000 139,218,000 8,606,000 2,000 14,000 130,418,000 -33,000 -8,000 113,079,000 214,408,000 20,000 96,000 112,796,000 769,764,000 288,000 -2,379,000 114,799,000 384,772,000 45,000 1,539,000 110,886,000 17,027,000 108,000 738,000 92,615,000 8,317,000 215,000 350,000 83,019,000 -37,000 203,000 109,000 80,756,000 73,000 -12,000 -17,072,000 97,547,000 671,000 40,000 -8,699,000 105,150,000 848,718,000 -40,000 -9,092,000 105,284,000 
      conversions of noncontrolling interests to stockholders’ equity
      3,676,000   1,451,000 1,303,000  2,920,000 599,000 195,000  959,000 401,000 5,028,000  1,748,000 2,087,000 4,198,000   10,849,000 15,495,000  223,000 720,000 492,000 768,000 916,000 364,000 832,000 104,000 390,000 15,629,000 793,000 3,217,000 2,218,000 446,000 186,000 3,314,000 2,154,000 8,689,000 332,000 127,000 1,614,000 627,000 19,885,000 97,000 10,037,000 272,000 23,385,000 4,405,000 805,000 6,026,000 14,317,000 23,630,000 18,335,000 29,216,000 3,434,000 9,767,000 3,003,000 978,000             
      issuance of restricted securities to employees and non-employee directors
      42,281,000   1,377,000 41,989,000  236,000 1,369,000 46,516,000  1,407,000 1,116,000 46,082,000  1,742,000 1,260,000 41,255,000                                                        
      income from unconsolidated joint ventures
           -22,250,000    58,451,000 3,524,000 54,000 -2,189,000  5,597,000         -47,964,000 -213,000   -769,000 -461,000 -4,197,000 -843,000 -3,108,000 -3,084,000 -1,464,000 -2,234,000 -1,791,000 -2,211,000 -2,647,000 -3,078,000 -14,834,000 -2,700,000 -4,419,000 -2,834,000 -2,816,000 -2,834,000 -14,736,000 -48,783,000 -8,721,000 -6,949,000 -9,217,000 -21,191,000 -11,721,000 -57,712,000 -11,326,000 -8,882,000 -7,976,000  -11,565,000 -7,465,000 -7,910,000  -6,350,000 351,000 -5,097,000         
      other income - assignment fee
                                                                            
      gain on sales-type lease
                                                                              
      notes receivable
               -144,000 -8,000 -126,000 -142,000 -137,000 -140,000 376,000 -137,000                                                      
      acquisitions of real estate
               -592,438,000 -724,255,000 -3,580,000 -3,581,000 -118,503,000   -2,278,000 -2,292,000   -119,000                     -233,084,000 -289,816,000 -99,979,000 -66,714,000 -621,359,000 -71,080,000   -41,100,000                 
      proceeds from sales of real estate
       85,000       139,539,000 537,886,000 121,948,000 35,397,000     13,624,000 -658,000 246,848,000 259,489,000 7,338,000 23,088,000 40,379,000 20,019,000 279,832,000 34,328,000 25,129,000 116,120,000 12,761,000 16,916,000 133,000 17,934,000 104,816,000 213,143,000 194,636,000 194,821,000                                 
      proceeds from assignment fee
                                                                            
      proceeds from notes receivable
                                                                            
      proceeds from mortgage notes payable
                                                        725,000,000   267,500,000 1,464,000 5,774,000 67,110,000 18,621,000 16,424,000 400,638,000 30,469,000 41,230,000 65,232,000 77,153,000 25,890,000 55,586,000 938,740,000 
      net increase in cash and cash equivalents and cash held in escrows
       -136,288,000 733,983,000 -29,133,000 -845,933,000 682,179,000 -698,102,000 664,208,000 227,470,000 287,926,000 -53,964,000   -580,763,000 444,641,000 -311,903,000 -770,146,000 -45,460,000 -226,866,000 1,133,077,000 166,692,000 -112,879,000 -358,159,000   215,407,000 -303,276,000                                              
      right of use assets obtained in exchange for lease liabilities - finance lease
                                                                              
      amortization of above and below market leases
        -1,298,000                                                                      
      (income) income from unconsolidated joint ventures
        7,011,000 5,799,000 -19,186,000                                                                    
      unrealized gain on non-real estate investment
        -94,000    51,000 -124,000 -259,000                                                                
      acquisition of real estate
        6,086,000                   -43,061,000                                               
      construction in progress from prepaid expenses and other assets
                                                                              
      borrowings on unsecured term loan
           1,200,000,000                                                              
      repayment of unsecured term loan
           -730,000,000     -500,000,000                                                        
      non-cash distributions to noncontrolling interests in property partnerships
                                                                              
      unrealized (gain) loss on non-real estate investment
          -396,000                                                                    
      boston properties, inc.consolidated statements of cash flows
                                                                              
      non-cash distributions to noncontrolling interests in property
          52,786,000                                                                    
      losses (gains) from investments in securities
           -3,245,000 925,000 -1,571,000 -1,665,000 -2,096,000 1,571,000 4,716,000 2,262,000       -4,552,000 5,445,000        126,000        -493,000            -187,000     860,000     678,000 -200,000  -1,317,000           
      settlement of accreted debt discount on redemption of unsecured senior notes
                   -2,210,000 -6,290,000                                                       
      losses from early extinguishments of debt
                   44,284,000 898,000                                        3,990,000 6,051,000 2,170,000 16,000       116,000 722,000 
      proceeds from sale of investment in unconsolidated joint venture
                   200,000 17,589,000                                                        
      redemption of preferred stock
                                                                            
      debt issuance costs
                                                                              
      debt prepayment and extinguishment costs
                   -42,851,000 -185,000     -1,446,000                                                   
      issuance of related party note receivable
                                                                            
      contributions from noncontrolling interests in property partnerships
            5,116,000 7,555,000 849,000 4,264,000 11,318,000 2,139,000 281,000 855,000 1,407,000 2,081,000 3,876,000 8,848,000 14,820,000 7,761,000 4,387,000 9,553,000 9,616,000 12,265,000 15,267,000 13,813,000 14,700,000 15,351,000 8,145,000 1,697,000 2,551,000 2,489,000  669,000 460,000 629,000  1,305,000 1,207,000 468,000                             
      right of use assets obtained in exchange for lease liabilities
                                                                              
      construction in progress, net deconsolidated
                                                                            
      investment in unconsolidated joint ventures recorded upon deconsolidation
                                                                             
      unrealized loss on non-real estate investment
                                                                              
      lease liabilities - finance leases
                                                                              
      investments in non-real estate investments
                                                                              
      issuance of notes receivable
                                                   184,000 -285,000 210,000 -1,239,000 -735,000                     
      redemption of unsecured senior notes
                   -997,790,000 -843,710,000                                                       
      right-of-use assets obtained in exchange for lease liabilities
                                                                            
      net proceeds from equity transactions
                  -332,000 4,186,000 448,000 -63,000 19,643,000 1,000 93,000 -166,000 3,349,000 11,148,000 301,000 469,000 1,792,000 -397,000 351,000 39,000 -723,000 422,000 2,000 -183,000 396,000 -9,000 -657,000 467,000 477,000 -145,000 393,000 368,000 1,689,000 -527,000 14,000 346,000 -135,000 -559,000 10,000 -757,000 360,000 613,000  747,000 5,679,000 3,128,000  15,879,000 5,205,000 849,000  3,226,000 843,080,000 521,000  495,000 302,000 -1,528,000  995,000 645,000 12,881,000 
      preferred stock redemption liability
                      200,000,000                                                        
      deferred distributions from sale of investment in unconsolidated joint ventures
                                                                              
      deferred proceeds from sale of investment in unconsolidated joint ventures
                                                                              
      right of use assets - finance leases
                                                                             
      cash and cash equivalents deconsolidated
                                                                             
      acquisition of noncontrolling interests in property partnership
                                                                              
      prepaid rent reclassified to right of use asset
                                                                              
      accrued rental income, net deconsolidated
                        -4,558,000                                                    
      tenant leasing costs, net deconsolidated
                        -3,462,000                                                    
      building and other capital improvements, net deconsolidated
                        -111,889,000                                                    
      tenant improvements, net deconsolidated
                        -12,331,000                                                    
      investment in unconsolidated joint venture recorded upon deconsolidation
                        347,898,000                                                    
      deferred distributions from sale of investment in unconsolidated joint venture
                      5,808,000                                                        
      deferred proceeds from sale of investment in unconsolidated joint venture
                      200,000                                                        
      deposit on capital lease
                                                                              
      proceeds from unsecured term loan
                                                                            
      payments on capital lease obligations
                                  -3,000 -28,000 113,000                                          
      payments on real estate financing transactions
                               -516,000 -444,000 -1,534,000 -293,000 -533,000 -480,000 -422,000 -3,509,000 -781,000                             -1,574,000 -1,569,000 -1,542,000 -1,523,000 -2,454,000 -2,432,000 -2,809,000 -2,915,000 
      real estate acquired through capital lease
                                                                            
      income from early extinguishment of debt
                                                                              
      right of use asset - finance lease deconsolidated
                                                                              
      lease liability - finance lease deconsolidated
                                                                              
      real estate acquired through finance lease
                             122,563,000                                                
      (gains) losses on sales of real estate
                          -410,165,000                                                    
      note receivable
                          -128,000 380,000 -126,000 -125,000 -125,000                                                
      cash and cash equivalents and cash held in escrows, beginning of year
                          691,886,000                                                    
      cash and cash equivalents and cash held in escrows, end of year
                          858,578,000                                                    
      issuance of restricted securities to employees
                          43,104,000  1,495,000 37,428,000  909,000 36,433,000  -234,000 1,353,000 34,592,000 1,081,000 32,630,000  1,084,000 42,279,000  911,000 26,534,000                             
      amortization of right-of-use assets - operating leases
                                                                              
      losses (gains) from early extinguishments of debt
                                                                              
      issuance of note receivable
                                                                           
      proceeds from note receivable
                                                                      100,000,000 23,000,000     
      repayments of mezzanine notes payable
                                                                            
      repayments of outside members’ notes payable
                                                                            
      deposit on mortgage note payable interest rate lock
                                                                            
      return of deposit on mortgage note payable interest rate lock
                                                                            
      acquisition of noncontrolling interest in property partnership
                           -11,000                                                  
      additions to real estate included in accounts payable and accrued expenses
                            -19,293,000 65,461,000 49,689,000  -12,072,000 -34,919,000 35,245,000  13,615,000 -21,714,000 44,708,000 26,335,000 10,386,000 -24,857,000  10,642,000 8,361,000 9,243,000  15,185,000 -4,562,000 9,393,000 13,427,000 1,651,000 -2,729,000 7,475,000 2,869,000                        
      building and other capital improvements deconsolidated
                                                                              
      investment in unconsolidated joint venture recorded on deconsolidation
                                                                              
      losses (gains) on sales of real estate
                              905,000                                                
      gain on sale of investment in unconsolidated joint venture
                                                                              
      outside members’ notes payable contributed to noncontrolling interests in property partnerships
                                                                            
      issuance of restricted securities to employees and directors
                                                  4,176,000 25,901,000 -153,000 396,000 -184,000 26,139,000 704,000 24,383,000 454,000 18,768,000 1,345,000 21,619,000 253,000 422,000 42,861,000 17,658,000 
      gains from early extinguishments of debt
                                                       -282,000 -914,000                     
      (gains) losses from early extinguishments of debt
                                   1,164,000                                           
      cash held in escrows
                                   399,000 264,000 867,000 6,664,000 1,043,000 -1,308,000 1,940,000 14,466,000 -32,575,000 -1,219,000 1,044,000 -524,000 6,004,000 -5,008,000 2,961,000 -3,702,000 1,330,000 2,984,000 -297,000 2,469,000 -872,000 -684,000 9,359,000 -3,573,000 -1,820,000 3,253,000 -7,661,000 -7,260,000 2,111,000 -4,534,000 1,019,000 -1,186,000 1,608,000 -2,869,000 2,550,000 402,000 2,272,000 -2,004,000 2,878,000 -7,683,000 4,830,000 -2,331,000 2,620,000 
      proceeds from sales of real estate placed in escrow
                                   -13,170,000   -17,951,000 -104,696,000  1,245,000 -201,857,000                                 
      proceeds from sales of real estate released from escrow
                                   13,170,000 796,000   17,951,000 104,696,000  192,262,000 341,987,000 99,916,000                                 
      cash placed in escrow for land sale contracts
                                                                            
      cash released from escrow for land sale contracts
                                       622,000 293,000 488,000 2,062,000 2,492,000                                   
      cash released from escrow for investing activities
                                   -408,000 634,000 3,774,000 5,230,000                                       
      cash placed in escrow for investment in unconsolidated joint venture
                                                                             
      investments in marketable securities
                                                                              
      proceeds from real estate financing transaction
                                          6,000,000                              1,610,000 
      redemption of preferred units
                                            -1,389,000                              
      net increase in cash and cash equivalents
                                   -58,288,000 620,000 189,496,000 -53,975,000  -425,634,000 881,960,000     916,415,000 -189,912,000   723,862,000 32,544,000   -181,237,000 -448,782,000 1,080,801,000 -1,232,012,000 760,184,000 282,440,000 33,279,000 268,357,000 -791,126,000 -433,374,000   666,827,000 -37,139,000   185,913,000 -56,513,000 -682,533,000 -712,278,000 -387,277,000 8,880,000 -131,018,000 1,290,548,000 
      cash and cash equivalents, beginning of year
                                                                              
      cash and cash equivalents, end of year
                                                                              
      marketable securities transferred in connection with the legal defeasance of mortgage note payable
                                                                              
      mortgage note payable legally defeased
                                                                              
      mortgage note payable assigned in connection with the sale of real estate
                                                                              
      deposit on real estate
                                            -5,000,000                                 
      acquisition of noncontrolling interest
                                                                              
      net decrease in cash and cash equivalents
                                           44,256,000 278,355,000 -698,683,000    -1,185,564,000    -132,602,000            -228,541,000    -97,721,000         
      mortgage notes payable assigned in connection with the sale of real estate
                                                                              
      deposits on real estate
                                                                             
      gains on consolidation of joint ventures
                                                  1,810,000                           
      settlement of accreted debt discount on repurchases/repayments of unsecured senior notes and unsecured exchangeable senior notes
                                                                              
      gains on sales of real estate from discontinued operations
                                                  -26,381,000                            
      gain on forgiveness of debt from discontinued operations
                                                  -20,182,000  -17,807,000                     
      impairment income from discontinued operations
                                                  3,241,000                         
      proceeds from sales of real estate and sales of interests in property partnerships placed in escrow
                                                                              
      proceeds from sales of real estate and sales of interests in property partnerships released from escrow
                                                                              
      cash recorded upon consolidation
                                                                            
      redemption/repurchase of unsecured senior notes
                                                                              
      redemption/repurchase of unsecured exchangeable senior notes
                                                      -507,434,000                     
      payments on capital lease obligation
                                                                              
      net proceeds from preferred stock issuance
                                                  -297,000 -451,000 194,371,000                         
      sales of interests in property partnerships and contributions from noncontrolling interests in property partnerships
                                                                              
      real estate and related intangibles recorded upon consolidation
                                                                            
      debt recorded upon consolidation
                                                                            
      working capital recorded upon consolidation
                                                  79,468,000 6,567,000                           
      noncontrolling interests recorded upon consolidation
                                                  -2,627,000                           
      investment in unconsolidated joint venture eliminated upon consolidation
                                                                             
      mortgage note payable extinguished through foreclosure
                                                   25,000,000  25,000,000                     
      real estate transferred upon foreclosure
                                                  7,508,000  8,198,000                     
      land improvements contributed by noncontrolling interest in property partnership
                                                  4,546,000                         
      issuance of common stock in connection with the exchange of exchangeable senior notes
                                                                            
      conversion of redeemable preferred units to common units
                                                      1,737,000 4,115,000                     
      settlement of accreted debt discount on repurchases of unsecured exchangeable senior notes
                                               -92,979,000    -68,760,000     -4,325,000               
      repayment of unsecured exchangeable senior notes
                                                 -654,521,000                             
      payments on real estate financing transaction
                                           -841,000 -887,000 -636,000                                 
      conversions of redeemable preferred units to common units
                                                                             
      net proceeds from atm stock issuances
                                                      -159,000 137,856,000 109,330,000 44,320,000 49,348,000 345,369,000                 
      mortgage note payable assumed in connection with the acquisition of real estate
                                                           143,900,000                 
      redeemable noncontrolling interest in property partnership
                                                                              
      preferred units issued in connection with the acquisition of real estate
                                                                             
      gain on sale of real estate from discontinued operations
                                                                            
      proceeds from the sales of real estate
                                                   121,495,000                           
      repayments of notes receivable
                                                                             
      repayment/redemption of unsecured exchangeable senior notes
                                                                             
      proceeds from the sale of real estate
                                                                            
      proceeds from land transaction
                                                                            
      proceeds from mortgage loan released from (placed in) escrow
                                                                             
      redemption/repurchase/exchange of unsecured exchangeable senior notes
                                                                            
      deposit on mortgage loan financing
                                                                              
      returned deposit on mortgage loan financing
                                                                              
      sale of interest in property partnership and contributions from noncontrolling interests in property partnerships
                                                                              
      mortgage note extinguished through foreclosure
                                                                              
      contributions from noncontrolling interest in property partnership
                                                   368,000 143,000 5,875,000                         
      distributions to noncontrolling interest in property partnerships
                                                   -1,735,000 -2,350,000 -2,100,000                         
      settlement of accreted debt discount on repurchases of senior notes
                                                                              
      suspension of development
                                                                              
      acquisition of note receivable
                                                                             
      repurchase of equity component of unsecured exchangeable senior notes
                                                                              
      acquisition of noncontrolling interest in property partnerships
                                                                              
      note receivable converted to real estate
                                                                             
      proceeds from mortgage loan released from escrow
                                                                              
      distributions to noncontrolling interest in property partnership
                                                       -750,000 -750,000 -750,000  -500,000 -500,000 -500,000                 
      deposit on real estate released from escrow
                                                             10,000,000                 
      additions to real estate included in accounts payable
                                                        -2,434,000 5,659,000 -4,394,000 -3,993,000 11,060,000 8,094,000 -3,234,000 6,275,000 548,000 104,000 -4,658,000 217,000 21,894,000 19,336,000 5,104,000 -441,000 11,108,000 2,304,000 -9,095,000 4,245,000 4,621,000 4,056,000 
      losses (gains) on investments in securities
                                                                              
      non-cash rental revenue
                                                                            
      construction in process
                                                                              
      deposit on real estate released from (placed in) escrow
                                                                             
      repurchases of unsecured senior notes
                                                                              
      repurchases of unsecured exchangeable senior notes
                                                              -46,298,000 -122,974,000 -49,320,000             
      repayment of note payable
                                                                  -25,000,000         
      proceeds from equity transactions
                                                                              
      cash and cash equivalents, beginning of the year
                                                                              
      cash and cash equivalents, end of the year
                                                                              
      mortgage notes payable assumed in connection with the acquisition of real estate
                                                                          65,224,000 
      gain from suspension of development
                                                              -7,200,000             
      deposits on real estate released from escrow
                                                                              
      net derivative losses
                                                                      7,172,000 6,318,000 -257,000 3,788,000     
      acquisitions/additions to real estate
                                                                  -118,641,000 -127,700,000 -105,135,000 -91,368,000 -110,409,000 -234,945,000 -139,111,000 -91,509,000 -418,493,000 -92,015,000 -116,265,000 -505,821,000 
      proceeds from redemptions of investments in securities
                                                              -139,000 -154,000 -112,000 2,554,000 1,000,000 2,054,000 -571,000 1,595,000 1,768,000 3,272,000 3,016,000 6,641,000     
      mortgage loan proceeds placed in escrow
                                                                              
      net proceeds from the sale/financing of real estate released from escrow
                                                                      11,939,000        
      net proceeds from the sales of real estate
                                                                       -528,000 30,184,000 98,074,000  278,675,000 33,436,000 1,461,014,000 
      advance from joint venture partners
                                                                            
      repayment of advance from joint venture partners
                                                                             
      equity component of unsecured exchangeable senior notes
                                                                              
      capped call transaction costs
                                                                             
      mortgage notes payable assumed in connection with acquisitions of real estate
                                                                              
      issuance of op units in connection with the acquisition of real estate
                                                                            
      issuance of op units in connection with an investment in an unconsolidated joint venture
                                                                            
      basis adjustment in connection with conversions of noncontrolling interests to stockholders’ equity
                                                                              
      note receivable issued in connection with the transfer of real estate
                                                                      123,000,000     
      additions to real estate
                                                               -191,825,000 -132,486,000 -119,407,000             
      proceeds from mortgage loan placed in escrow
                                                                              
      repayment of unsecured line of credit
                                                                              
      net investments in unconsolidated joint ventures
                                                                 -36,093,000 -675,000 -3,674,000 -345,000 -3,141,000 -5,434,000 -373,590,000 -444,836,000 -72,167,000 -2,475,000 -10,582,000 14,984,000 -9,717,000 
      income from suspension of development
                                                                  27,766,000         
      gains on sales of real estate and other assets
                                                                              
      net proceeds from the sale/financing of real estate placed in escrow
                                                                              
      net proceeds from the sales of real estate and other assets
                                                                              
      proceeds from real estate financing transactions
                                                                              
      contributions from (distributions to) noncontrolling interest holders
                                                                              
      redemption of noncontrolling interest
                                                                              
      real estate recorded upon consolidation
                                                                              
      mortgage notes payable recorded upon consolidation
                                                                              
      noncontrolling interest recorded upon consolidation
                                                                              
      net provided by (cash used) in financing activities
                                                                              
      basis adjustment to real estate in connection with conversions of noncontrolling interests to stockholders’ equity
                                                                              
      net cash from in financing activities
                                                                              
      losses from investments in securities
                                                                     587,000         
      net income available to common shareholders
                                                                      -91,234,000 48,479,000 79,526,000 88,461,000 124,218,000 242,542,000 103,623,000 854,307,000 
      adjustments to reconcile net income available to common shareholders to net cash from operating activities:
                                                                              
      losses on investments in securities
                                                                      2,802,000 940,000 16,000 846,000     
      minority interests in property partnerships
                                                                      427,000 525,000 420,000 625,000     
      minority interest in operating partnership
                                                                      -14,213,000 9,703,000 14,917,000 16,437,000 31,370,000 43,712,000 17,906,000 152,712,000 
      contributions from (distributions to) minority interest holders
                                                                      -6,827,000 -11,880,000 -1,744,000 -458,000     
      redemption of minority interest
                                                                          -25,000,000 -10,625,000 
      minority interest recorded upon consolidation
                                                                              
      conversions of minority interests to stockholders' equity
                                                                              
      basis adjustment in connection with conversions of minority interests to
                                                                              
      stockholders’ equity
                                                                              
      financing incurred in connection with the acquisition of real estate
                                                                              
      earnings in excess of distributions from unconsolidated joint ventures
                                                                              
      conversions of minority interests to stockholders’ equity
                                                                       2,429,000 1,445,000 3,298,000  6,799,000 101,000 23,202,000 
      basis adjustment to real estate in connection with conversions of minority interests to stockholders’ equity
                                                                       5,858,000 3,881,000 7,832,000  15,196,000 261,000 96,408,000 
      distributions (earnings) in excess of earnings (distributions) from unconsolidated joint ventures
                                                                             1,473,000 
      net proceeds from the sale of real estate released from escrow
                                                                        126,321,000     
      distributions in excess of earnings from unconsolidated joint ventures
                                                                         897,000     
      minority interest in property partnerships
                                                                              
      income from investment in unconsolidated joint venture
                                                                              
      cumulative effect of a change in accounting principle
                                                                              
      proceeds from sale of securities
                                                                              
      redemption of op units
                                                                              
      contributions from minority interest holders
                                                                          1,007,000 849,000 725,000 1,723,000 
      distributions to minority interest holders
                                                                              
      basis adjustment in connection with conversions of minority interests to stockholders' equity
                                                                              
      minority interest in property partnership
                                                                              
      net proceeds from the sale of real estate placed in escrow
                                                                              
      proceeds from sale of marketable securities
                                                                              
      proceeds from a real estate financing transactions
                                                                              
      net proceeds from the issuance of common securities
                                                                              
      mortgage notes payable assumed in connection with the acquisitions of real estate
                                                                              
      basis adjustment in connection with conversions of minority interests to stockholders’ equity
                                                                              
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.