Realty Income Corporation(NYSE:O) 
Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agre...
Website: http://www.realtyincome.com
Founded: 1969
Full Time Employees: 395 (Jan 2023)
CEO: Sumit Roy
Sector: Real Estate
Industry: REIT-Retail
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 |
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revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental | 1,386,502,000 | 1,338,188,000 | 1,313,057,000 | 1,279,698,000 | 1,271,153,000 | 1,284,728,000 | 1,208,169,000 | 1,028,710,000 | 1,008,862,000 | 995,289,000 | 925,289,000 | 873,346,000 | 825,946,000 | 800,800,000 | 799,565,000 | 679,000,000 | 486,337,000 | 460,256,000 | 439,365,000 | 415,306,000 | 401,869,000 | 410,201,000 | 412,157,000 | 394,217,000 | 372,312,000 | 364,252,000 | 354,037,000 | 324,773,000 | 313,870,000 | 306,548,000 | 265,332,000 | 260,056,000 | 285,821,000 | 265,332,000 | 260,056,000 | 256,801,000 | 247,578,000 | 241,431,000 | 235,122,000 | 226,832,000 | 221,868,000 | 214,122,000 | 195,429,000 | 182,354,000 | 170,304,000 | 119,845,000 | 115,038,000 | 114,468,000 | 106,808,000 | 102,367,000 | 97,616,000 | 87,089,000 | 82,802,000 | 83,159,000 | 325,900,082,000 | 81,534,000 | 81,553,000 | 82,140,000 | 82,213,000 | 82,352,000 | 81,975,000 | 69,149,000 | 46,706,000 | 41,933,000 | 35,295,000 | |||||||||||
other | 84,050,000 | 72,190,000 | 67,448,000 | 60,601,000 | 59,762,000 | 54,715,000 | 52,316,000 | 47,575,000 | 30,242,000 | 23,916,000 | 19,110,000 | 15,304,000 | 11,323,000 | 9,619,000 | 7,778,000 | 2,502,000 | 5,538,000 | 4,026,000 | 3,439,000 | 2,770,000 | 2,703,000 | 4,435,000 | 2,184,000 | 3,312,000 | 1,935,000 | 1,198,000 | 328,000 | 829,000 | 3,621,000 | 447,000 | 318,000 | -129,000 | 975,000 | 318,000 | 1,210,000 | 1,124,000 | 822,000 | 1,782,000 | 606,000 | 609,000 | 1,023,000 | 3,875,000 | 1,965,000 | 1,391,000 | 392,000 | 605,000 | 255,000 | 488,000 | 259,000 | 140,000 | 84,000 | 664,000 | 106,000 | 1,434,734,000 | 427,000 | 85,000 | 754,000 | 322,000 | 80,000 | 1,448,000 | 2,152,000 | 37,000 | 463,000 | 5,200 | ||||||||||||
total revenue | 1,470,552,000 | 1,410,378,000 | 1,380,505,000 | 1,340,299,000 | 1,330,915,000 | 1,339,443,000 | 1,260,485,000 | 1,076,285,000 | 1,039,104,000 | 1,019,205,000 | 944,399,000 | 888,650,000 | 837,269,000 | 810,419,000 | 807,343,000 | 681,502,000 | 491,875,000 | 464,282,000 | 442,804,000 | 418,076,000 | 404,572,000 | 414,636,000 | 414,341,000 | 397,529,000 | 374,247,000 | 365,450,000 | 354,365,000 | 338,081,000 | 328,886,000 | 318,295,000 | 277,174,000 | 271,039,000 | 298,025,000 | 277,174,000 | 271,039,000 | 267,116,000 | 258,889,000 | 253,860,000 | 246,867,000 | 235,713,000 | 228,646,000 | 221,572,000 | 199,304,000 | 184,319,000 | 171,695,000 | 120,237,000 | 115,643,000 | 114,723,000 | 107,296,000 | 102,626,000 | 97,756,000 | 87,173,000 | 83,466,000 | 83,265,000 | 327,334,816,000 | 81,961,000 | ||||||||||||||||||||
yoy | 10.49% | 5.30% | 9.52% | 24.53% | 28.08% | 31.42% | 33.47% | 21.11% | 24.11% | 25.76% | 16.98% | 30.40% | 70.22% | 74.55% | 82.33% | 63.01% | 21.58% | 11.97% | 6.87% | 5.17% | 8.10% | 13.46% | 16.92% | 17.58% | 13.79% | 14.81% | 27.85% | 24.74% | 10.36% | 14.84% | 2.26% | 1.47% | 15.12% | 9.18% | 9.79% | 13.32% | 13.23% | 14.57% | 23.86% | 27.88% | 33.17% | 84.28% | 72.34% | 60.66% | 60.02% | 17.16% | 18.30% | 31.60% | 28.55% | 23.25% | -99.97% | 6.36% | ||||||||||||||||||||||||
qoq | 4.27% | 2.16% | 3.00% | 0.71% | -0.64% | 6.26% | 17.11% | 3.58% | 1.95% | 7.92% | 6.27% | 6.14% | 3.31% | 0.38% | 18.47% | 38.55% | 5.94% | 4.85% | 5.91% | 3.34% | -2.43% | 0.07% | 4.23% | 6.22% | 2.41% | 3.13% | 4.82% | 2.80% | 3.33% | 14.84% | 2.26% | -9.05% | 7.52% | 2.26% | 1.47% | 3.18% | 1.98% | 2.83% | 4.73% | 3.09% | 3.19% | 11.17% | 8.13% | 7.35% | 42.80% | 3.97% | 0.80% | 6.92% | 4.55% | 4.98% | 12.14% | 4.44% | 0.24% | -99.97% | 399278.75% | |||||||||||||||||||||
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 631,981,000 | 647,849,000 | 608,935,000 | 606,671,000 | 602,339,000 | 605,570,000 | 581,064,000 | 475,856,000 | 495,566,000 | 472,278,000 | 451,477,000 | 438,174,000 | 419,016,000 | 409,437,000 | 403,762,000 | 333,229,000 | 198,832,000 | 187,789,000 | 177,985,000 | 175,041,000 | 169,084,000 | 168,328,000 | 164,585,000 | 156,594,000 | 149,424,000 | 150,426,000 | 137,517,000 | 136,967,000 | 133,999,000 | 131,103,000 | 113,917,000 | 110,342,000 | 121,097,000 | 113,917,000 | 110,342,000 | 107,933,000 | 104,338,000 | 101,101,000 | 98,037,000 | 95,260,000 | 92,894,000 | 89,970,000 | 80,869,000 | 77,698,000 | 69,808,000 | 37,806,000 | 35,475,000 | 35,250,000 | 31,869,000 | 29,001,000 | 26,810,000 | 24,100,000 | 23,524,000 | 23,255,000 | 91,314,284,000 | 22,930,000 | 22,961,000 | 22,951,000 | 22,869,000 | 22,916,000 | 22,960,000 | 18,125,000 | 10,817,000 | 9,789,000 | 8,073,000 | |||||||||||
interest | 294,482,000 | 283,824,000 | 268,374,000 | 268,149,000 | 261,261,000 | 246,931,000 | 240,614,000 | 208,313,000 | 184,121,000 | 183,857,000 | 154,132,000 | 131,290,000 | 117,409,000 | 110,121,000 | 106,403,000 | 100,739,000 | 76,156,000 | 73,674,000 | 73,075,000 | 78,764,000 | 76,806,000 | 77,841,000 | 75,925,000 | 75,073,000 | 73,410,000 | 72,488,000 | 70,020,000 | 69,342,000 | 66,628,000 | 59,415,000 | 52,952,000 | 57,409,000 | 59,305,000 | 52,952,000 | 57,409,000 | 60,678,000 | 63,950,000 | 58,680,000 | 58,468,000 | 52,814,000 | 52,712,000 | 51,720,000 | 49,703,000 | 39,100,000 | 41,468,000 | 29,720,000 | 28,806,000 | 28,952,000 | 28,550,000 | 25,647,000 | 25,122,000 | 25,135,000 | 21,576,000 | 21,395,000 | 85,463,849,000 | 21,374,000 | 21,367,000 | 21,410,000 | 23,915,000 | 23,929,000 | 23,469,000 | 12,420,000 | 9,058,000 | 8,481,000 | 5,964,000 | |||||||||||
property | 106,621,000 | 107,422,000 | 106,681,000 | 96,309,000 | 92,154,000 | 99,851,000 | 89,361,000 | 81,883,000 | 70,981,000 | 94,703,000 | 69,397,000 | 69,089,000 | 52,719,000 | 52,180,000 | 52,342,000 | 43,710,000 | 29,662,000 | 31,734,000 | 28,499,000 | 27,135,000 | 25,410,000 | 26,452,000 | 25,606,000 | 25,253,000 | 20,354,000 | 21,342,000 | 21,636,000 | 15,806,000 | 16,236,000 | 16,552,000 | 15,678,000 | 14,671,000 | 19,075,000 | 15,678,000 | 14,671,000 | 15,105,000 | 13,542,000 | 14,937,000 | 13,976,000 | 12,770,000 | 10,127,000 | 10,577,000 | 5,898,000 | 3,283,000 | 3,772,000 | 1,951,000 | 2,090,000 | 2,536,000 | 1,698,000 | 1,656,000 | 1,983,000 | 1,763,000 | 1,684,000 | 2,176,000 | 6,908,288,000 | 1,628,000 | 1,884,000 | 2,233,000 | 1,778,000 | 1,093,000 | 1,263,000 | 885,000 | 880,000 | 771,000 | 690,000 | |||||||||||
general and administrative | 55,039,000 | 49,329,000 | 44,044,000 | 49,114,000 | 41,869,000 | 45,070,000 | 40,842,000 | 38,015,000 | 35,525,000 | 36,829,000 | 34,167,000 | 37,525,000 | 34,096,000 | 34,139,000 | 32,699,000 | 30,522,000 | 23,813,000 | 21,849,000 | 20,796,000 | 16,674,000 | 16,514,000 | 19,063,000 | 20,964,000 | 16,330,000 | 16,460,000 | 18,585,000 | 15,108,000 | 16,332,000 | 17,954,000 | 15,684,000 | 12,103,000 | 13,985,000 | 13,565,000 | 12,103,000 | 13,985,000 | 12,318,000 | 10,861,000 | 12,609,000 | 12,862,000 | 11,025,000 | 11,587,000 | 12,886,000 | 16,628,000 | 12,075,000 | 11,613,000 | 9,335,000 | 9,273,000 | 9,168,000 | 7,143,000 | 7,987,000 | 7,870,000 | 6,165,000 | 6,650,000 | 6,711,000 | 20,930,138,000 | 4,906,000 | 5,006,000 | 5,950,000 | 5,097,000 | 5,924,000 | 5,544,000 | 5,091,000 | 4,056,000 | 3,162,000 | 2,747,000 | |||||||||||
provisions for impairment | 86,972,000 | 143,363,000 | 116,589,000 | 142,966,000 | 96,920,000 | 96,458,000 | 89,489,000 | 27,281,000 | 16,808,000 | 29,815,000 | 13,178,000 | 9,481,000 | 1,650,000 | 7,691,000 | 7,038,000 | 7,990,000 | 11,011,000 | 17,246,000 | 2,720,000 | 23,790,000 | 105,095,000 | 13,869,000 | 4,478,000 | 8,950,000 | 13,503,000 | 13,061,000 | 4,672,000 | 6,862,000 | 3,951,000 | 14,221,000 | 8,763,000 | 6,269,000 | 5,433,000 | 8,763,000 | 6,269,000 | 1,923,000 | 3,864,000 | 3,230,000 | 2,087,000 | 495,000 | 499,000 | 1,683,000 | ||||||||||||||||||||||||||||||||||
merger, transaction, and other costs | 13,343,000 | 331,000 | 279,000 | -9,176,000 | 8,610,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 1,188,438,000 | 1,232,118,000 | 1,144,902,000 | 1,154,033,000 | 1,103,153,000 | 1,096,634,000 | 1,135,474,000 | 841,280,000 | 805,885,000 | 817,823,000 | 723,658,000 | 686,462,000 | 628,636,000 | 616,297,000 | 608,763,000 | 653,522,000 | 356,257,000 | 345,590,000 | 309,300,000 | 325,904,000 | 397,501,000 | 308,391,000 | 294,321,000 | 283,936,000 | 274,973,000 | 277,057,000 | 250,398,000 | 246,611,000 | 239,976,000 | 238,198,000 | 204,307,000 | 203,629,000 | 219,522,000 | 204,307,000 | 203,629,000 | 198,921,000 | 197,300,000 | 191,185,000 | 186,504,000 | 173,061,000 | 168,389,000 | 167,927,000 | 154,009,000 | 133,483,000 | 139,362,000 | 84,712,000 | 76,049,000 | 76,311,000 | 69,627,000 | 64,659,000 | 62,153,000 | 57,498,000 | 53,711,000 | 53,814,000 | 205,292,875,000 | 50,912,000 | ||||||||||||||||||||
gain on sales of real estate | 49,107,000 | 38,566,000 | 22,537,000 | 24,985,000 | 50,563,000 | 25,153,000 | 16,574,000 | 5,992,000 | 7,572,000 | 7,824,000 | 4,279,000 | 9,346,000 | 42,883,000 | 40,572,000 | 10,156,000 | 20,402,000 | 12,094,000 | 14,901,000 | 8,401,000 | 22,667,000 | 13,736,000 | 1,323,000 | 38,506,000 | 14,168,000 | 1,674,000 | 6,891,000 | 7,263,000 | 7,813,000 | 7,787,000 | 3,218,000 | 4,335,000 | 8,658,000 | 10,532,000 | 4,335,000 | 8,658,000 | 2,289,000 | 6,224,000 | 3,675,000 | 7,218,000 | 10,975,000 | 1,964,000 | |||||||||||||||||||||||||||||||||||
foreign currency and derivative gain | -2,818,000 | -4,388,000 | -2,545,000 | 535,000 | -1,672,000 | 511,000 | 4,046,000 | -18,371,000 | -2,813,000 | -2,552,000 | 10,322,000 | 7,480,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated entities | 3,080,000 | 3,269,000 | 4,357,000 | 2,353,000 | 5,087,000 | 2,029,000 | -1,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 10,015,000 | 7,369,000 | 7,167,000 | 7,313,000 | 4,739,000 | 6,108,000 | 5,446,000 | 10,804,000 | 7,235,000 | 3,020,000 | 2,730,000 | 23,604,000 | 2,249,000 | 2,806,000 | 1,852,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 341,498,000 | 223,076,000 | 267,119,000 | 221,452,000 | 286,479,000 | 276,610,000 | 149,401,000 | 235,565,000 | 245,213,000 | 210,085,000 | 238,072,000 | 237,717,000 | 230,450,000 | 238,480,000 | 210,952,000 | 14,595,000 | 141,355,000 | 133,993,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | -23,824,000 | -24,065,000 | -15,657,000 | -20,102,000 | -15,355,000 | -15,642,000 | -15,502,000 | -15,803,000 | -11,336,000 | -12,932,000 | -11,950,000 | -9,381,000 | -10,163,000 | -14,658,000 | -10,981,000 | -10,128,000 | -6,079,000 | -9,225,000 | 6,225,000 | 4,500,000 | 4,592,000 | 2,838,000 | 2,763,000 | 1,736,000 | 1,822,000 | 1,155,000 | 1,445,000 | 1,302,000 | 1,208,000 | 1,223,000 | 894,000 | 953,000 | 1,047,000 | 894,000 | 953,000 | 964,000 | 745,000 | 628,000 | 1,074,000 | 697,000 | 570,000 | 1,091,000 | 671,000 | 722,000 | 671,000 | 405,000 | 405,000 | 405,000 | 367,000 | 368,000 | 368,000 | 335,000 | 277,000 | 277,000 | 676,316,000 | 74,000 | 308,000 | 303,000 | 308,000 | 218,000 | 398,000 | 245,000 | 198,000 | 153,000 | 166,000 | |||||||||||
net income | 317,674,000 | 199,011,000 | 251,462,000 | 201,350,000 | 271,124,000 | 260,968,000 | 133,899,000 | 219,762,000 | 233,877,000 | 197,153,000 | 226,122,000 | 228,336,000 | 220,287,000 | 223,822,000 | 199,971,000 | 4,467,000 | 135,276,000 | 124,768,000 | 96,236,000 | 118,150,000 | 23,143,000 | 108,070,000 | 147,143,000 | 129,553,000 | 101,275,000 | 95,420,000 | 111,230,000 | 99,283,000 | 96,697,000 | 83,315,000 | 77,202,000 | 76,068,000 | 89,035,000 | 77,202,000 | 76,068,000 | 70,484,000 | 67,813,000 | 66,350,000 | 67,581,000 | 73,627,000 | 62,241,000 | 57,993,000 | 51,907,000 | 54,747,000 | 71,813,000 | 37,458,000 | 43,407,000 | 39,263,000 | 40,780,000 | 39,248,000 | 35,999,000 | 31,654,000 | 31,048,000 | 30,205,000 | 131,031,204,000 | 33,152,000 | 32,560,000 | 30,084,000 | 34,697,000 | 33,051,000 | 29,761,000 | 36,323,000 | 23,503,000 | 24,851,000 | 18,034,000 | |||||||||||
yoy | 17.17% | -23.74% | 87.80% | -8.38% | 15.93% | 32.37% | -40.78% | -3.75% | 6.17% | -11.92% | 13.08% | 5011.62% | 62.84% | 79.39% | 107.79% | -96.22% | 484.52% | 15.45% | -34.60% | -8.80% | -77.15% | 13.26% | 32.29% | 30.49% | 4.73% | 14.53% | 44.08% | 30.52% | 8.61% | 7.92% | 1.49% | 7.92% | 31.29% | 16.36% | 12.56% | -4.27% | 8.95% | 14.41% | 30.20% | 34.49% | -13.33% | 54.82% | 19.58% | 39.44% | 76.10% | -4.56% | 20.58% | 24.04% | 31.35% | 29.94% | -99.97% | -4.52% | -4.64% | 0.40% | 377544.19% | 0.31% | 9.40% | -4.48% | 37.80% | |||||||||||||||||
qoq | 59.63% | -20.86% | 24.89% | -25.74% | 3.89% | 94.90% | -39.07% | -6.04% | 18.63% | -12.81% | -0.97% | 3.65% | -1.58% | 11.93% | 4376.63% | -96.70% | 8.42% | 29.65% | -18.55% | 410.52% | -78.59% | -26.55% | 13.58% | 27.92% | 6.14% | -14.21% | 12.03% | 2.67% | 16.06% | 7.92% | 1.49% | -14.56% | 15.33% | 1.49% | 7.92% | 3.94% | 2.20% | -1.82% | -8.21% | 18.29% | 7.33% | 11.72% | -5.19% | -23.76% | 91.72% | -13.71% | 10.55% | -3.72% | 3.90% | 9.03% | 13.73% | 1.95% | 2.79% | -99.98% | 395143.74% | 1.82% | 8.23% | -13.30% | 4.98% | 11.05% | -5.42% | |||||||||||||||
net income margin % | 21.60% | 14.11% | 18.22% | 15.02% | 20.37% | 19.48% | 10.62% | 20.42% | 22.51% | 19.34% | 23.94% | 25.69% | 26.31% | 27.62% | 24.77% | 0.66% | 27.50% | 26.87% | 21.73% | 28.26% | 5.72% | 26.06% | 35.51% | 32.59% | 27.06% | 26.11% | 31.39% | 29.37% | 29.40% | 26.18% | 27.85% | 28.07% | 29.88% | 27.85% | 28.07% | 26.39% | 26.19% | 26.14% | 27.38% | 31.24% | 27.22% | 26.17% | 26.04% | 29.70% | 41.83% | 31.15% | 37.54% | 34.22% | 38.01% | 38.24% | 36.83% | 36.31% | 37.20% | 36.28% | 40.03% | 40.45% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | Infinity% | Infinity% | NaN% | NaN% | NaN% | Infinity% |
net income attributable to noncontrolling interests | -1,903,000 | -2,092,000 | -1,647,000 | -1,738,000 | -1,639,000 | -1,577,000 | -1,615,000 | -1,357,000 | -404,000 | -1,738,000 | -1,106,000 | -1,071,000 | -720,000 | -615,000 | -602,000 | -426,000 | -280,000 | -289,000 | -296,000 | -219,000 | -239,000 | -246,000 | -284,000 | -77,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to the company | 315,771,000 | 196,919,000 | 249,815,000 | 199,612,000 | 269,485,000 | 259,391,000 | 132,284,000 | 98,999,000 | 96,380,000 | 83,163,000 | 77,072,000 | 75,815,000 | 88,870,000 | 77,072,000 | 75,815,000 | 70,243,000 | 67,475,000 | 66,087,000 | 67,264,000 | 73,283,000 | 61,902,000 | 57,661,000 | 51,571,000 | 54,670,000 | 71,804,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | -2,588,000 | -2,587,000 | -2,588,000 | -10,482,000 | -10,482,000 | -9,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess of redemption value over carrying value of preferred shares redeemed | -5,116,000 | -3,696,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 315,771,000 | 196,919,000 | 249,815,000 | 199,612,000 | 261,781,000 | 256,804,000 | 129,696,000 | 218,405,000 | 233,473,000 | 195,415,000 | 225,016,000 | 227,265,000 | 219,567,000 | 223,207,000 | 199,369,000 | 4,041,000 | 134,996,000 | 124,479,000 | 95,940,000 | 117,931,000 | 22,904,000 | 107,824,000 | 146,827,000 | 129,297,000 | 101,049,000 | 95,194,000 | 110,942,000 | 98,999,000 | 96,380,000 | 83,163,000 | 70,302,000 | 69,045,000 | 71,586,000 | 70,302,000 | 69,045,000 | 63,473,000 | 60,705,000 | 59,317,000 | 60,494,000 | 57,941,000 | 51,420,000 | 47,179,000 | 41,089,000 | 44,188,000 | 61,322,000 | 26,976,000 | 32,950,000 | 26,071,000 | 34,717,000 | 33,185,000 | 29,936,000 | 25,591,000 | 24,985,000 | 24,142,000 | 106,796,394,000 | 27,089,000 | 26,497,000 | 24,021,000 | 28,634,000 | 26,988,000 | 23,698,000 | 30,260,000 | 21,152,000 | 22,423,000 | 15,606,000 | |||||||||||
amounts available to common stockholders per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, basic and diluted | 350 | 280 | 230 | 300 | 160 | 300 | 330 | 340 | 265 | 360 | 370 | 340 | 235 | 340 | 310 | 370 | 340 | 340 | 290 | 270 | 270 | 270 | 270 | 250 | 270 | 260 | 230 | |||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 913,949,000 | 902,966,000 | 891,666,000 | 862,959,000 | 870,665,000 | 870,319,000 | 834,940,000 | 692,298,000 | 709,165,000 | 674,109,000 | 660,462,399,000 | 611,765,815,000 | 617,511,609,000 | 601,672,201,000 | 593,827,299,000 | 414,535,283,000 | 391,913,478,000 | 374,236,424,000 | 371,522,607,000 | 345,280,126,000 | 346,476,217,000 | 343,515,406,000 | 336,624,567,000 | 315,837,012,000 | 319,945,932,000 | 311,032,972,000 | 303,528,336,000 | 290,664,368,000 | 284,928,969,000 | 283,917,418,000 | 258,085,633,000 | 263,340,491,000 | 258,085,633,000 | 253,375,546,000 | 250,173,815,000 | 236,211,706,000 | 232,403,586,000 | 225,346,407,000 | 222,061,661,000 | 220,979,955,000 | 207,003,950,000 | 195,768,298,000 | 195,574,014,000 | 171,659,191,000 | 132,764,877,000 | 132,592,939,000 | 132,577,100,000 | 126,376,201,000 | 125,999,323,000 | 118,960,878,000 | 103,830,029,000 | 103,612,454,000 | 103,606,241,000 | 103,577,507,000,000 | 103,470,512,000 | 103,446,949,000 | 103,439,114,000 | 100,362,872,000 | 100,346,512,000 | 100,280,264,000 | 100,054,868,000 | 89,766,714,000 | 79,950,255,000 | 79,581,517,000 | ||||||||||||
diluted | 915,187,000 | 903,716,000 | 892,351,000 | 863,792,000 | 872,052,000 | 870,725,000 | 835,242,000 | 693,024,000 | 709,543,000 | 674,593,000 | 661,238,844,000 | 612,180,519,000 | 617,957,039,000 | 602,030,666,000 | 594,041,839,000 | 414,769,846,000 | 392,050,401,000 | 374,341,023,000 | 371,601,901,000 | 345,415,258,000 | 346,749,474,000 | 343,685,259,000 | 336,976,515,000 | 316,159,277,000 | 320,263,017,000 | 311,322,162,000 | 303,819,878,000 | 291,207,186,000 | 285,372,256,000 | 284,345,328,000 | 258,673,914,000 | 263,934,304,000 | 258,673,914,000 | 253,973,745,000 | 250,698,023,000 | 236,739,942,000 | 232,886,185,000 | 225,825,854,000 | 222,236,071,000 | 221,360,641,000 | 207,324,363,000 | 196,619,866,000 | 196,099,610,000 | 172,053,880,000 | 132,931,813,000 | 132,828,540,000 | 132,703,954,000 | 126,582,609,000 | 126,202,047,000 | 119,109,044,000 | 103,977,023,000 | 103,765,828,000 | 103,686,440,000 | 103,581,053,000,000 | 103,481,892,000 | 103,450,457,000 | 103,445,044,000 | 100,420,070,000 | 100,394,431,000 | 100,365,576,000 | 100,276,300,000 | 89,917,554,000 | 80,208,593,000 | 79,659,364,000 | ||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustment | -21,950,000 | 54,425,000 | 45,215,000 | -92,680,000 | 74,615,000 | 3,218,000 | -18,036,000 | 67,931,000 | -61,401,000 | 29,046,000 | 28,750,000 | 93,775,000 | -89,231,000 | -48,992,000 | -10,706,000 | 7,989,000 | 1,438,000 | -49,000 | -259,000 | -2,056,000 | -964,000 | 22,000 | 392,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivatives | 18,493,000 | -31,464,000 | -10,625,000 | 27,446,000 | -46,474,000 | 7,324,000 | 8,922,000 | -35,886,000 | 7,193,000 | -6,410,000 | -2,162,000 | -22,004,000 | 41,914,000 | 33,454,000 | 43,690,000 | -1,980,000 | 16,852,000 | -10,833,000 | 46,409,000 | -8,698,500 | 1,602,000 | 1,357,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive income | -3,457,000 | 22,961,000 | 34,590,000 | -65,234,000 | 28,141,000 | 10,542,000 | 22,636,000 | 26,588,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income available to common stockholders | 312,314,000 | 219,880,000 | 284,405,000 | 134,378,000 | 289,922,000 | 267,346,000 | 120,582,000 | 250,450,000 | 179,265,000 | 218,051,000 | 251,604,000 | 299,036,000 | 172,250,000 | 207,669,000 | 232,353,000 | 10,050,000 | 153,286,000 | 113,597,000 | 142,090,000 | 115,743,000 | 23,542,000 | 97,312,000 | 121,357,000 | 125,794,000 | 102,047,000 | 92,394,000 | 107,243,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
amounts available to common stockholders per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger and integration-related costs | 2,754,000 | 94,104,000 | 9,932,000 | 2,884,000 | 341,000 | 1,307,000 | 903,000 | 3,746,000 | 2,729,000 | 6,519,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts available to common stockholders per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 300 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 290 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive (loss) income | -9,114,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 240,000 | 127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in income and impairment of investment in unconsolidated entities | 2,135,000 | 411,000 | -113,000 | -662,000 | -6,627,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive loss | -1,246,000 | -54,208,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders per common share, basic and diluted | 290 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in income of unconsolidated entities | 954,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative loss | -4,000,750 | -22,893,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative gains | -590,000 | 1,880,000 | -2,374,000 | 400,000 | 804,000 | 3,311,000 | 2,336,000 | 502,000 | 1,792,000 | 327,000 | 136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -46,722,000 | -3,983,000 | -46,473,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger-related costs | 7,520,250 | 16,783,000 | 13,298,000 | 240,000 | 605,000 | 12,030,000 | 5,495,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 330 | 260 | 310 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 202.5 | 70 | 247.5 | 320 | 270 | 260 | 230 | 210 | 230 | 360 | 200 | 250 | 200 | 270 | 260 | 250 | 250 | 240 | 230 | 1,029,250 | 260 | 260 | 270 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 202.5 | 70 | 245 | 320 | 270 | 250 | 230 | 210 | 230 | 360 | 200 | 250 | 200 | 270 | 260 | 250 | 250 | 240 | 230 | 1,029,250 | 260 | 260 | 270 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivatives | -10,534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and derivative losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of interest rate swaps | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of interest rate swaps | 678,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant reimbursements | 12,479,000 | 11,395,000 | 11,300,000 | 11,524,000 | 11,112,000 | 11,229,000 | 11,524,000 | 11,112,000 | 9,105,000 | 10,187,000 | 11,607,000 | 9,963,000 | 8,275,000 | 6,169,000 | 6,427,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess of redemption value over carrying value of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares redeemed | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 253,375,546,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 253,973,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 67,813,000 | 66,350,000 | 67,581,000 | 73,627,000 | 62,221,000 | 54,916,000 | 45,295,000 | 50,836,000 | 32,333,000 | 35,525,000 | 39,594,000 | 38,412,000 | 37,669,000 | 37,967,000 | 35,603,000 | 29,675,000 | 29,755,000 | 29,451,000 | 122,041,941,000 | 31,049,000 | 30,112,000 | 30,047,000 | 28,568,000 | 28,352,000 | 29,789,000 | 34,535,000 | 21,734,000 | 20,040,000 | 18,042,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 20,000 | 3,077,000 | 6,612,000 | 3,911,000 | 39,480,000 | 1,933,000 | 3,813,000 | 851,000 | 3,111,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts available to common stockholders per common share, basic and diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 260 | 180 | 210 | 130 | 190 | 220 | 190 | 250 | 250 | 250 | 230 | 230 | 230 | 939,300 | 240 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 250 | 180 | 210 | 130 | 190 | 220 | 190 | 250 | 250 | 250 | 230 | 230 | 230 | 939,300 | 240 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, basic and diluted | 270 | 260 | 230 | 210 | 220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess of redemption value over carrying value of preferred shares subject to redemption | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate | 1,271,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock cash dividends | -6,063,000 | -6,063,000 | -6,063,000 | -6,063,000 | -6,063,000 | -6,063,000 | -24,234,810,000 | -6,063,000 | -6,063,000 | -6,063,000 | -6,063,000 | -6,063,000 | -6,063,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate acquired for resale by crest | 220,000 | 222,000 | 221,000 | 158,000 | 206,000 | 957,692,000 | 207,000 | 226,000 | -125,000 | 238,000 | 1,295,000 | -269,000 | 1,748,000 | 833,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate held for investment | 1,061,000 | 174,000 | 1,758,000 | 1,135,000 | 548,000 | 8,031,571,000 | 1,896,000 | 2,222,000 | 162,000 | 5,891,000 | 3,404,000 | 241,000 | 40,000 | 936,000 | 1,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total income from discontinued operations | 1,281,000 | 396,000 | 1,979,000 | 1,293,000 | 754,000 | 8,989,263,000 | 2,103,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 230 | 220 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted amounts per common share, available to common stockholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 230 | 220 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, basic and diluted: | 290 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted amounts per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate acquired for resale | 3,282,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
apparel stores | 2,400 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
automotive collision services | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
automotive parts | 5,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
automotive service | 5,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
automotive tire services | 2,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
book stores | 400 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business services | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
child care | 23,900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consumer electronics | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convenience stores | 8,400 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
crafts and novelties | 400 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
drug stores | 200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
entertainment | 1,800 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment rental services | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general merchandise | 600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
grocery stores | 600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
health and fitness | 3,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
home furnishings | 6,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
home improvement | 1,300 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
office supplies | 2,200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pet supplies and services | 1,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
private education | 1,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restaurants | 12,200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shoe stores | 700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sporting goods | 900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
theaters | 4,300 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
travel plazas | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
video rental | 3,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
totals | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sales of real estate acquired for resale | 276,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other | 111,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 18,042,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | Infinity% |
gain on sales of investment properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted income from continuing operations per common share | 450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net income per common share | 450 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 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 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate held for investment, at cost: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 18,126,781,000 | 18,047,444,000 | 17,724,549,000 | 17,320,520,000 | 17,140,719,000 | 16,760,251,000 | 16,787,731,000 | 14,929,310,000 | 14,408,324,000 | 14,011,325,000 | 13,324,929,000 | 12,948,835,000 | 11,852,057,000 | 11,605,933,000 | 11,158,545,000 | 10,753,750,000 | 7,308,046,000 | 6,975,008,000 | 6,672,885,000 | 6,318,926,000 | 5,982,495,000 | 5,772,734,000 | 5,742,023,000 | 5,684,034,000 | 5,085,951,000 | 5,058,572,000 | 4,751,091,000 | 4,562,343,000 | 4,355,454,000 | 4,259,909,000 | 3,974,972,000 | 3,916,218,000 | 3,832,452,000 | 3,527,734,000 | 3,436,504,000 | 3,390,871,000 | 3,246,465,000 | 3,222,805,000 | 3,081,468,000 | 3,008,036,000 | 2,991,946,000 | 2,917,117,000 | 2,753,192,000 | 2,539,628,000 | 2,453,696,000 | 1,914,482,000 | 1,807,891,000 | 1,747,665,000 | 1,689,523,000 | 1,568,479,000 | 1,547,899,000 | 1,520,413,000 | 1,353,973,000 | 1,329,343,000 | 1,176,915,000 | 1,169,295,000,000 | 1,157,197,000 | 1,156,488,000 | 1,157,731,000 | 1,157,885,000 | 1,158,618,000 | 1,161,705,000 | 1,166,234,000 | 1,075,103,000 | 989,765,000 | 975,392,000 | 958,770,000 | 821,303,000 | 790,040,000 | 773,597,000 | 746,016,000 | 722,434,000 | 676,548,000 | 649,597,000 | 624,558,000 | 612,129,000 | 601,243,000 | 598,901,000 | 557,288,000 | 494,872,000 | 488,912,000 | 478,657,000 |
buildings and improvements | 42,921,102,000 | 42,694,467,000 | 41,693,098,000 | 40,974,535,000 | 40,608,341,000 | 39,895,617,000 | 39,674,812,000 | 34,657,094,000 | 33,606,951,000 | 32,652,912,000 | 30,803,410,000 | 29,707,751,000 | 26,981,664,000 | 26,101,185,000 | 25,648,515,000 | 25,155,178,000 | 16,374,061,000 | 15,700,846,000 | 15,171,070,000 | 14,696,712,000 | 14,203,277,000 | 14,096,997,000 | 14,070,733,000 | 13,833,882,000 | 13,062,209,000 | 12,774,967,000 | 12,178,429,000 | 11,666,564,000 | 11,313,624,000 | 11,145,329,000 | 10,634,965,000 | 10,446,765,000 | 10,327,309,000 | 9,624,689,000 | 9,403,441,000 | 9,243,890,000 | 8,859,414,000 | 8,792,676,000 | 8,221,599,000 | 7,995,808,000 | 7,869,046,000 | 7,603,513,000 | 7,002,560,000 | 6,672,354,000 | 6,185,550,000 | 3,714,597,000 | 3,347,490,000 | 3,225,543,000 | 3,111,258,000 | 2,819,307,000 | 2,681,780,000 | 2,592,449,000 | 2,366,621,000 | 2,392,959,000 | 2,286,259,000 | 2,270,161,000,000 | 2,247,767,000 | 2,245,443,000 | 2,247,961,000 | 2,251,025,000 | 2,249,003,000 | 2,250,919,000 | 2,259,449,000 | 2,042,767,000 | 1,848,271,000 | 1,824,005,000 | 1,785,203,000 | 1,515,826,000 | 1,444,747,000 | 1,408,687,000 | 1,350,140,000 | 1,304,469,000 | 1,142,605,000 | 1,110,522,000 | 1,066,725,000 | 1,051,450,000 | 1,038,684,000 | 1,033,627,000 | 975,894,000 | 854,605,000 | 842,568,000 | 835,581,000 |
total real estate held for investment, at cost | 61,047,883,000 | 60,741,911,000 | 59,417,647,000 | 58,295,055,000 | 57,749,060,000 | 56,655,868,000 | 56,462,543,000 | 49,586,404,000 | 48,015,275,000 | 46,664,237,000 | 44,128,339,000 | 42,656,586,000 | 38,833,721,000 | 37,707,118,000 | 36,807,060,000 | 35,908,928,000 | 23,682,107,000 | 22,675,854,000 | 21,843,955,000 | 21,015,638,000 | 20,185,772,000 | 19,869,731,000 | 19,812,756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation and amortization | -8,460,230,000 | -8,143,997,000 | -7,758,675,000 | -7,381,083,000 | -7,066,449,000 | -6,693,997,000 | -6,392,472,000 | -6,072,118,000 | -5,781,056,000 | -5,485,766,000 | -5,188,105,000 | -4,904,165,000 | -4,624,243,000 | -4,387,878,000 | -4,169,539,000 | -3,949,798,000 | -3,904,327,000 | -3,775,540,000 | -3,668,269,000 | -3,549,486,000 | -3,444,099,000 | -3,367,420,000 | -2,607,309,000 | -998,079,000 | -844,005,000 | -786,863,000 | -761,077,000 | -736,770,000 | -711,615,000 | -690,511,000 | -673,979,000 | -651,841,000 | -630,840,000,000 | -612,622,000 | -593,621,000 | -573,039,000 | -553,417,000 | -530,586,000 | -512,082,000 | -492,073,000 | -450,222,000 | -432,314,000 | -353,399,000 | |||||||||||||||||||||||||||||||||||||||
real estate held for investment | 52,587,653,000 | 52,597,914,000 | 51,658,972,000 | 50,913,972,000 | 50,682,611,000 | 49,961,871,000 | 50,070,071,000 | 43,514,286,000 | 42,234,219,000 | 41,178,471,000 | 38,940,234,000 | 37,752,421,000 | 34,209,478,000 | 33,319,240,000 | 32,637,521,000 | 31,959,130,000 | 19,777,780,000 | 18,900,314,000 | 18,175,686,000 | 17,466,152,000 | 16,741,673,000 | 16,502,311,000 | 16,570,581,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate and lease intangibles held for sale | 174,996,000 | 117,196,000 | 120,251,000 | 94,979,000 | 60,467,000 | 190,570,000 | 78,254,000 | 31,466,000 | 19,927,000 | 17,324,000 | 24,445,000 | 29,535,000 | 18,309,000 | 66,336,000 | 84,446,000 | 30,470,000 | 44,939,000 | 39,540,000 | 22,500,000 | 19,004,000 | 41,093,000 | 40,551,000 | 21,356,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 417,173,000 | 800,447,000 | 319,007,000 | 444,962,000 | 396,956,000 | 442,820,000 | 680,159,000 | 232,923,000 | 344,129,000 | 253,693,000 | 164,576,000 | 171,102,000 | 187,745,000 | 172,849,000 | 151,624,000 | 258,579,000 | 516,983,000 | 231,164,000 | 183,984,000 | 824,476,000 | 724,750,000 | 35,345,000 | 41,804,000 | 54,011,000 | 236,064,000 | 27,136,000 | 2,997,000 | 6,666,000 | 30,717,000 | 20,627,000 | 3,199,000 | 10,945,000 | 27,598,000 | 29,801,000 | 20,443,000 | 8,695,000 | 7,074,000 | 18,741,000 | 12,190,000 | 16,936,000 | 8,908,000 | 14,142,000 | 9,960,000 | 22,575,000 | 4,159,000 | 2,794,000 | 6,064,000 | 5,194,000 | 5,543,000 | 155,671,000 | 129,707,000 | 17,607,000 | 155,582,000 | 872,000 | 849,000 | 10,026,000,000 | 20,042,000 | 35,823,000 | 10,438,000 | 46,815,000 | 112,562,000 | 39,373,000 | 13,343,000 | 266,644,000 | 8,914,000 | 5,399,000 | 10,573,000 | 113,374,000 | 10,746,000 | 4,107,000 | 65,704,000 | 2,244,000 | 1,948,000 | 11,076,000 | 2,141,000 | 8,483,000 | 15,040,000 | 5,550,000 | 4,837,000 | 5,709,000 | 4,719,000 | 3,606,000 |
accounts receivable | 1,006,716,000 | 962,052,000 | 952,410,000 | 877,668,000 | 835,328,000 | 788,639,000 | 789,244,000 | 710,536,000 | 678,441,000 | 620,599,000 | 617,359,000 | 567,963,000 | 529,248,000 | 500,384,000 | 468,165,000 | 426,768,000 | 341,729,000 | 327,920,000 | 307,017,000 | 285,701,000 | 261,752,000 | 255,609,000 | 185,632,000 | 181,969,000 | 163,444,000 | 165,470,000 | 151,341,000 | 135,866,000 | 126,126,000 | 125,690,000 | 113,721,000 | 107,147,000 | 103,759,000 | 94,498,000 | 87,166,000 | 82,990,000 | 74,977,000 | 70,318,000 | 66,831,000 | 47,852,000 | 43,751,000 | 40,329,000 | 32,169,000 | 27,507,000 | 24,594,000 | 17,187,000 | 17,600,000 | 17,567,000 | 12,065,000 | 10,899,000 | 10,506,000 | 11,301,000 | 10,398,000 | 10,123,000 | 9,517,000 | 10,396,000,000 | 9,582,000 | 10,419,000 | 10,122,000 | 10,624,000 | 8,858,000 | 9,130,000 | 8,312,000 | 6,098,000 | 6,019,000 | 5,639,000 | 5,953,000 | 5,270,000 | 4,814,000 | 4,593,000 | 5,044,000 | 3,587,000 | 3,539,000 | 3,512,000 | 4,075,000 | 2,614,000 | 2,924,000 | 3,216,000 | 3,950,000 | 3,384,000 | 3,279,000 | 3,343,000 |
lease intangible assets | 5,858,799,000 | 6,034,146,000 | 6,216,454,000 | 6,322,992,000 | 6,600,058,000 | 6,730,472,000 | 7,037,328,000 | 5,017,907,000 | 5,089,293,000 | 5,238,400,000 | 5,256,795,000 | 5,168,366,000 | 5,064,322,000 | 5,154,994,000 | 5,187,280,000 | 5,275,304,000 | 2,156,008,000 | 1,969,793,000 | 1,820,146,000 | 1,710,655,000 | 1,610,457,000 | 1,508,177,000 | 1,516,819,000 | 1,493,383,000 | 1,313,798,000 | 1,308,564,000 | 1,205,147,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 4,932,199,000 | 4,932,199,000 | 4,932,199,000 | 4,932,199,000 | 4,932,199,000 | 4,931,159,000 | 4,991,342,000 | 3,731,478,000 | 3,731,478,000 | 3,731,478,000 | 3,731,478,000 | 3,731,478,000 | 3,731,478,000 | 3,731,478,000 | 3,711,981,000 | 3,676,705,000 | 14,503,000 | 14,536,000 | 14,597,000 | 14,861,000 | 14,902,000 | 14,943,000 | 14,989,000 | 15,001,000 | 15,036,000 | 15,165,000 | 15,220,000 | 15,283,000 | 15,372,000 | 15,386,000 | 15,425,000 | 15,535,000 | 15,556,000 | 15,598,000 | 15,739,000 | 15,834,000 | 15,975,000 | 17,010,000 | 17,094,000 | 17,190,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | 17,206,000 | ||||||||
investment in unconsolidated entities | 1,234,092,000 | 1,225,738,000 | 1,233,700,000 | 1,229,699,000 | 1,224,974,000 | 1,219,759,000 | 1,203,263,000 | 1,172,118,000 | 113,562,000 | 141,191,000 | 140,967,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 5,067,354,000 | 4,754,381,000 | 4,324,703,000 | 4,018,568,000 | 3,736,173,000 | 3,795,641,000 | 3,478,588,000 | 3,368,643,000 | 3,239,433,000 | 2,940,701,000 | 2,366,551,000 | 2,252,227,000 | 2,151,895,000 | 1,893,075,000 | 1,679,809,000 | 1,369,579,000 | 873,655,000 | 516,210,000 | 470,237,000 | 434,297,000 | 405,645,000 | 460,554,000 | 460,250,000 | 328,661,000 | 305,369,000 | 292,658,000 | 246,932,000 | 38,279,000 | 43,707,000 | 49,068,000 | 56,721,000 | 53,643,000 | 71,857,000 | 45,683,000 | 55,411,000 | 44,457,000 | 88,281,000 | 82,490,000 | 87,721,000 | 97,797,000 | 74,919,000 | 71,424,000 | 146,088,000 | 146,857,000 | 167,292,000 | 264,647,000 | 231,620,000 | 220,699,000 | 221,884,000 | 174,214,000 | 116,164,000 | 84,598,000 | 62,626,000 | 58,881,000 | 56,642,000 | 60,277,000,000 | 54,043,000 | 53,793,000 | 53,487,000 | 57,381,000 | 64,385,000 | 62,794,000 | 34,614,000 | 40,114,000 | 32,256,000 | 35,822,000 | 27,695,000 | 28,186,000 | 26,154,000 | 26,762,000 | 30,988,000 | 26,933,000 | 25,992,000 | 22,273,000 | 12,183,000 | 11,212,000 | 12,013,000 | 12,921,000 | 13,619,000 | 13,056,000 | 11,573,000 | 12,188,000 |
total assets | 71,278,982,000 | 71,424,073,000 | 69,757,696,000 | 68,835,039,000 | 68,468,766,000 | 68,060,931,000 | 68,328,249,000 | 57,779,357,000 | 55,336,920,000 | 53,980,666,000 | 51,101,438,000 | 49,673,092,000 | 45,892,475,000 | 44,951,918,000 | 44,062,017,000 | 43,137,502,000 | 23,711,094,000 | 21,984,941,000 | 20,979,570,000 | 20,740,285,000 | 19,785,370,000 | 19,102,547,000 | 18,796,442,000 | 18,554,796,000 | 17,179,904,000 | 16,748,630,000 | 15,762,908,000 | 15,095,325,000 | 14,674,074,000 | 14,474,093,000 | 13,701,419,000 | 13,574,116,000 | 13,422,186,000 | 12,536,453,000 | 12,249,431,000 | 12,037,103,000 | 11,738,569,000 | 11,728,314,000 | 11,092,153,000 | 10,939,840,000 | 10,812,402,000 | 10,480,781,000 | 9,880,927,000 | 9,415,533,000 | 8,763,603,000 | 5,036,326,000 | 4,576,559,000 | 4,398,433,000 | 4,274,774,000 | 3,991,053,000 | 3,770,556,000 | 3,535,590,000 | 3,285,534,000 | 3,143,155,000 | 2,905,703,000 | 2,914,787,000,000 | 2,901,375,000 | 2,932,558,000 | 2,931,631,000 | 2,994,179,000 | 3,090,131,000 | 3,042,937,000 | 3,039,464,000 | 3,076,262,000 | 2,544,892,000 | 2,575,313,000 | 2,546,508,000 | 2,160,190,000 | 1,975,597,000 | 1,929,932,000 | 1,920,988,000 | 1,798,707,000 | 1,571,583,000 | 1,523,222,000 | 1,442,315,000 | 1,437,644,000 | 1,424,863,000 | 1,433,334,000 | 1,360,257,000 | 1,161,044,000 | 1,119,114,000 | 1,093,926,000 |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions payable | 250,611,000 | 248,345,000 | 244,575,000 | 238,045,000 | 233,139,000 | 231,160,000 | 225,757,000 | 195,222,000 | 187,288,000 | 182,855,000 | 173,223,000 | 165,710,000 | 156,999,000 | 153,966,000 | 149,549,000 | 146,919,000 | 96,280,000 | 90,455,000 | 88,662,000 | 85,691,000 | 82,980,000 | 81,384,000 | 80,911,000 | 76,728,000 | 74,735,000 | 72,752,000 | 69,258,000 | 65,749,000 | 64,399,000 | 62,904,000 | 60,104,000 | 58,284,000 | 57,885,000 | 54,768,000 | 54,023,000 | 52,483,000 | 47,844,000 | 47,089,000 | 45,466,000 | 43,289,000 | 44,353,000 | 41,543,000 | 39,359,000 | 39,280,000 | 39,113,000 | 23,704,000 | 22,993,000 | 22,753,000 | 21,360,000 | 20,401,000 | 20,356,000 | 19,051,000 | 17,954,000 | 17,030,000 | 16,983,000 | 16,926,000,000 | 16,901,000 | 16,868,000 | 16,841,000 | 16,793,000 | 16,735,000 | 16,006,000 | 15,936,000 | 15,780,000 | 14,933,000 | 14,862,000 | 15,096,000 | 12,205,000 | 10,865,000 | 10,804,000 | 10,121,000 | 10,069,000 | 9,248,000 | 9,196,000 | 9,115,000 | 8,980,000 | 9,009,000 | 7,972,000 | 7,582,000 | 6,961,000 | 6,916,000 | 6,869,000 |
accounts payable and accrued expenses | 930,260,000 | 954,079,000 | 730,064,000 | 759,416,000 | 880,122,000 | 884,087,000 | 802,652,000 | 738,526,000 | 660,366,000 | 559,383,000 | 422,365,000 | 399,137,000 | 408,482,000 | 353,573,000 | 305,574,000 | 351,128,000 | 269,587,000 | 259,805,000 | 200,168,000 | 241,336,000 | 206,626,000 | 201,176,000 | 182,177,000 | 177,039,000 | 163,154,000 | 156,859,000 | 114,225,000 | 119,144,000 | 122,379,000 | 92,379,000 | 92,947,000 | 115,595,000 | 86,638,000 | 97,541,000 | 130,024,000 | 86,328,000 | 97,219,000 | 112,824,000 | 77,594,000 | 78,271,000 | 98,973,000 | 70,340,000 | 69,299,000 | 77,411,000 | 51,724,000 | 38,026,000 | 59,497,000 | 34,419,000 | 34,538,000 | 51,963,000 | 23,804,000 | 47,019,000 | 26,846,000 | 38,375,000 | 19,400,000 | 38,445,000,000 | 20,708,000 | 36,557,000 | 17,860,000 | 38,027,000 | 21,913,000 | 37,377,000 | 20,513,000 | 29,242,000 | 26,227,000 | 16,192,000 | 27,004,000 | 20,483,000 | 19,879,000 | 17,406,000 | 20,391,000 | 16,731,000 | 14,323,000 | 14,698,000 | 9,579,000 | 12,021,000 | 7,471,000 | 10,521,000 | 11,479,000 | 8,423,000 | 7,393,000 | 7,715,000 |
lease intangible liabilities | 1,528,256,000 | 1,580,991,000 | 1,609,085,000 | 1,635,770,000 | 1,676,549,000 | 1,704,747,000 | 1,740,200,000 | 1,406,853,000 | 1,426,264,000 | 1,439,968,000 | 1,445,133,000 | 1,379,436,000 | 1,368,525,000 | 1,346,648,000 | 1,350,370,000 | 1,308,221,000 | 341,675,000 | 319,495,000 | 313,907,000 | 321,198,000 | 318,690,000 | 322,744,000 | 328,748,000 | 333,103,000 | 326,172,000 | 330,893,000 | 311,331,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 937,877,000 | 925,292,000 | 915,959,000 | 923,128,000 | 863,683,000 | 866,992,000 | 900,106,000 | 811,650,000 | 786,437,000 | 855,496,000 | 789,903,000 | 774,787,000 | 752,530,000 | 740,357,000 | 746,304,000 | 759,197,000 | 385,077,000 | 276,120,000 | 277,325,000 | 256,863,000 | 241,425,000 | 248,547,000 | 251,353,000 | 262,221,000 | 260,357,000 | 251,244,000 | 243,591,000 | 109,854,000 | 123,582,000 | 123,705,000 | 115,037,000 | 124,772,000 | 122,078,000 | 97,905,000 | 41,191,000 | 43,250,000 | 36,993,000 | 40,458,000 | 41,404,000 | 44,410,000 | 36,682,000 | 40,769,000 | 38,792,000 | 29,266,000 | 27,496,000 | 39,499,000 | 30,925,000 | 30,444,000 | 28,584,000 | 18,090,000 | 16,248,000 | 22,555,000 | 13,750,000 | 11,755,000 | 11,981,000 | 16,807,000,000 | 11,357,000 | 10,296,000 | 11,485,000 | 14,698,000 | 11,859,000 | 11,233,000 | 11,728,000 | 9,840,000 | 10,724,000 | 9,497,000 | 8,416,000 | 9,740,000 | 10,259,000 | 9,937,000 | 9,562,000 | 9,156,000 | 7,631,000 | 7,089,000 | 6,286,000 | 5,313,000 | 4,799,000 | 6,183,000 | 7,030,000 | 6,259,000 | 6,085,000 | 5,798,000 |
revolving credit facilities and commercial paper | 1,915,492,000 | 1,472,185,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loans | 1,636,711,000 | 1,955,547,000 | 2,392,299,000 | 2,358,417,000 | 2,428,279,000 | 2,370,057,000 | 249,557,000 | 249,358,000 | 249,308,000 | 249,258,000 | 499,151,000 | 499,044,000 | 498,936,000 | 498,829,000 | 498,722,000 | 319,571,000 | 319,531,000 | 319,441,000 | 319,347,000 | 319,273,000 | 319,200,000 | 319,054,000 | 318,981,000 | 318,908,000 | 320,000,000 | 320,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgages payable | 38,091,000 | 38,427,000 | 42,606,000 | 80,784,000 | 197,522,000 | 199,031,000 | 200,075,000 | 821,587,000 | 824,240,000 | 841,690,000 | 850,580,000 | 853,925,000 | 855,363,000 | 947,112,000 | 1,093,599,000 | 1,141,995,000 | 285,617,000 | 300,574,000 | 282,037,000 | 300,360,000 | 335,594,000 | 394,816,000 | 408,158,000 | 410,119,000 | 282,053,000 | 299,397,000 | 300,993,000 | 310,206,000 | 311,708,000 | 313,173,000 | 341,015,000 | 378,352,000 | 463,332,000 | 503,201,000 | 496,348,000 | 514,041,000 | 706,141,000 | 769,461,000 | 799,318,000 | 862,212,000 | 916,454,000 | 822,270,000 | 811,058,000 | 827,109,000 | 764,140,000 | 133,394,000 | 56,661,000 | 56,878,000 | 68,150,000 | 59,606,000 | ||||||||||||||||||||||||||||||||
notes payable | 24,781,463,000 | 24,885,872,000 | 22,879,025,000 | 22,657,592,000 | 23,092,216,000 | 21,741,606,000 | 21,748,004,000 | 18,602,319,000 | 17,482,652,000 | 16,475,589,000 | 15,430,072,000 | 14,278,013,000 | 13,316,455,000 | 13,588,606,000 | 13,068,665,000 | 12,499,709,000 | 8,309,238,000 | 7,330,050,000 | 7,326,051,000 | 8,267,749,000 | 6,994,817,000 | 6,602,152,000 | 6,013,129,000 | 6,288,049,000 | 6,256,400,000 | 6,268,062,000 | 5,377,712,000 | 5,375,882,000 | 5,374,963,000 | 4,879,628,000 | 4,468,665,000 | 4,642,423,000 | 4,641,094,000 | 3,346,442,000 | 3,620,275,000 | 3,619,149,000 | 3,786,408,000 | 3,786,063,000 | 3,785,718,000 | 3,785,027,000 | 3,535,957,000 | 3,185,796,000 | 3,200,000,000 | 2,450,000,000 | 2,450,000,000 | 1,750,000,000 | 1,750,000,000 | 1,750,000,000 | 1,750,000,000 | 1,750,000,000 | 1,600,000,000 | 1,600,000,000 | 1,600,000,000 | 1,600,000,000 | 1,350,000,000 | 1,350,000,000,000 | 1,350,000,000 | 1,350,000,000 | 1,350,000,000 | 1,370,000,000 | 1,470,000,000 | 1,470,000,000 | 1,470,000,000 | 1,470,000,000 | 920,000,000 | 920,000,000 | 920,000,000 | 920,000,000 | 755,000,000 | 755,000,000 | 755,000,000 | 755,000,000 | 580,000,000 | 580,000,000 | 480,000,000 | 480,000,000 | 480,000,000 | 480,000,000 | 480,000,000 | 330,000,000 | 330,000,000 | 330,000,000 |
total liabilities | 32,018,761,000 | 32,060,738,000 | 30,515,509,000 | 29,783,353,000 | 29,799,056,000 | 29,146,467,000 | 29,009,765,000 | 24,672,388,000 | 23,513,502,000 | 22,669,523,000 | 21,714,100,000 | 20,829,803,000 | 19,028,218,000 | 18,549,039,000 | 18,483,292,000 | 18,008,102,000 | 10,341,981,000 | 10,111,262,000 | 9,412,557,000 | 9,722,555,000 | 9,285,582,000 | 8,728,628,000 | 8,378,803,000 | 8,750,638,000 | 7,861,807,000 | 7,886,036,000 | 7,753,832,000 | 7,384,071,000 | 7,161,605,000 | 7,176,434,000 | 6,327,492,000 | 6,553,064,000 | 6,367,463,000 | 5,765,956,000 | 5,429,354,000 | 5,536,613,000 | 5,674,733,000 | 5,743,841,000 | 5,417,691,000 | 5,349,454,000 | 4,947,988,000 | 5,126,013,000 | 4,834,601,000 | 4,310,447,000 | 3,622,214,000 | 2,593,623,000 | 2,103,676,000 | 1,937,494,000 | 1,999,232,000 | 1,900,060,000 | 1,660,408,000 | 1,688,625,000 | 1,658,550,000 | 1,694,060,000 | 1,438,264,000 | 1,426,778,000,000 | 1,398,966,000 | 1,413,721,000 | 1,396,186,000 | 1,439,518,000 | 1,520,507,000 | 1,534,616,000 | 1,518,177,000 | 1,524,862,000 | 981,884,000 | 1,006,351,000 | 970,516,000 | 962,428,000 | 878,303,000 | 826,747,000 | 931,774,000 | 806,456,000 | 666,002,000 | 614,083,000 | 528,580,000 | 549,714,000 | 501,279,000 | 537,876,000 | 532,491,000 | 446,943,000 | 402,494,000 | 375,182,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock and paid in capital, par value 0.01 per share... | 49,034,023,000 | 48,708,721,000 | 48,075,527,000 | 47,451,068,000 | 46,505,688,000 | 46,230,789,000 | 46,220,761,000 | 39,629,709,000 | 38,031,829,000 | 37,149,380,000 | 34,958,608,000 | 34,159,509,000 | 32,003,069,000 | 31,303,383,000 | 30,236,374,000 | 29,578,212,000 | 17,449,122,000 | 15,827,231,000 | 15,371,016,000 | 14,700,050,000 | 14,050,494,000 | 13,704,121,000 | 13,604,055,000 | 12,873,849,000 | 12,294,138,000 | 11,722,036,000 | 10,748,467,000 | 10,220,092,000 | 9,925,543,000 | 9,625,200,000 | 9,488,043,000 | 8,987,933,000 | 8,144,983,000 | 8,105,229,000 | 7,699,837,000 | 7,107,662,000 | 6,953,679,000 | 6,569,610,000 | 6,361,400,000 | 6,357,084,000 | 5,774,395,000 | 5,329,715,000 | 2,569,871,000 | 2,567,148,000 | ||||||||||||||||||||||||||||||||||||||
distributions in excess of net income | -10,075,749,000 | -9,651,395,000 | -9,117,085,000 | -8,648,559,000 | -8,151,359,000 | -7,724,318,000 | -7,299,514,000 | -6,762,136,000 | -6,416,534,000 | -6,102,226,000 | -5,772,923,000 | -5,493,193,000 | -5,241,012,000 | -4,999,150,000 | -4,772,112,000 | -4,530,571,000 | -4,112,953,000 | -3,968,333,000 | -3,827,660,000 | -3,659,933,000 | -3,527,521,000 | -3,306,588,000 | -2,543,852,000 | -870,199,000 | -678,172,000 | -622,860,000 | -601,473,000 | -579,604,000 | -557,112,000 | -540,029,000 | -519,669,000 | -499,697,000 | -479,018,000,000 | -463,620,000 | -446,133,000 | -428,140,000 | -407,751,000 | -391,825,000 | -377,521,000 | -362,683,000 | -330,507,000 | -318,051,000 | -276,290,000 | |||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 92,323,000 | 95,780,000 | 72,819,000 | 38,229,000 | 103,463,000 | 75,322,000 | 64,780,000 | 73,894,000 | 41,849,000 | 96,057,000 | 73,421,000 | 46,833,000 | -24,938,000 | 22,379,000 | 37,917,000 | 4,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 39,050,597,000 | 39,153,106,000 | 39,031,261,000 | 38,840,738,000 | 38,457,792,000 | 38,581,793,000 | 38,986,027,000 | 32,941,467,000 | 31,657,144,000 | 31,143,211,000 | 29,259,106,000 | 28,713,149,000 | 26,737,119,000 | 26,326,612,000 | 25,502,179,000 | 25,052,574,000 | 13,335,093,000 | 11,839,532,000 | 11,534,872,000 | 10,985,483,000 | 10,470,527,000 | 10,344,449,000 | 10,388,015,000 | 9,774,456,000 | 9,293,419,000 | 8,837,502,000 | 7,983,895,000 | 7,676,240,000 | 7,475,750,000 | 7,267,980,000 | 7,354,429,000 | 7,001,406,000 | 7,034,943,000 | 6,754,731,000 | 6,800,641,000 | 6,478,999,000 | 6,039,648,000 | 5,960,203,000 | 5,650,036,000 | 5,561,790,000 | 5,835,701,000 | 5,325,638,000 | 5,010,248,000 | 5,068,879,000 | 5,127,591,000 | 2,442,703,000 | 2,472,883,000 | 2,460,939,000 | 2,110,148,000 | 1,467,439,000 | 1,502,409,000 | 1,518,837,000 | 1,535,445,000 | 1,554,661,000 | 1,569,624,000 | 1,508,321,000 | 1,521,287,000 | 1,551,400,000 | 1,563,008,000 | 1,568,962,000 | 1,575,992,000 | 1,197,762,000 | 1,097,294,000 | 1,103,185,000 | 989,214,000 | 992,251,000 | 905,581,000 | 909,139,000 | 913,735,000 | 887,930,000 | 923,584,000 | 895,458,000 | 827,766,000 | 714,101,000 | 716,620,000 | 718,744,000 | ||||||
noncontrolling interests | 209,624,000 | 210,229,000 | 210,926,000 | 210,948,000 | 211,918,000 | 165,277,000 | 165,063,000 | 165,502,000 | 166,274,000 | 167,932,000 | 128,232,000 | 130,140,000 | 127,138,000 | 76,267,000 | 76,546,000 | 76,826,000 | 34,020,000 | 34,147,000 | 32,141,000 | 32,247,000 | 29,261,000 | 29,470,000 | 29,624,000 | 29,702,000 | 24,678,000 | 25,092,000 | 25,181,000 | 35,014,000 | 36,719,000 | 29,679,000 | 19,498,000 | 19,646,000 | 19,780,000 | 15,766,000 | 19,436,000 | 21,491,000 | 24,188,000 | 24,270,000 | 24,426,000 | 28,596,000 | 28,713,000 | 29,130,000 | 36,078,000 | 36,207,000 | 13,798,000 | |||||||||||||||||||||||||||||||||||||
total equity | 39,260,221,000 | 39,363,335,000 | 39,242,187,000 | 39,051,686,000 | 38,669,710,000 | 38,747,070,000 | 39,151,090,000 | 33,106,969,000 | 31,823,418,000 | 31,311,143,000 | 29,387,338,000 | 28,843,289,000 | 26,864,257,000 | 26,402,879,000 | 25,578,725,000 | 25,129,400,000 | 13,369,113,000 | 11,873,679,000 | 11,567,013,000 | 11,017,730,000 | 10,499,788,000 | 10,373,919,000 | 10,417,639,000 | 9,804,158,000 | 9,318,097,000 | 8,862,594,000 | 8,009,076,000 | 7,711,254,000 | 7,512,469,000 | 7,297,659,000 | 7,373,927,000 | 7,021,052,000 | 7,054,723,000 | 6,770,497,000 | 6,820,077,000 | 6,500,490,000 | 6,063,836,000 | 5,984,473,000 | 5,674,462,000 | 5,590,386,000 | 5,864,414,000 | 5,354,768,000 | 5,046,326,000 | 5,105,086,000 | 5,141,389,000 | |||||||||||||||||||||||||||||||||||||
total liabilities and equity | 71,278,982,000 | 71,424,073,000 | 69,757,696,000 | 68,835,039,000 | 68,468,766,000 | 68,060,931,000 | 68,328,249,000 | 57,779,357,000 | 55,336,920,000 | 53,980,666,000 | 51,101,438,000 | 49,673,092,000 | 45,892,475,000 | 44,951,918,000 | 44,062,017,000 | 43,137,502,000 | 23,711,094,000 | 21,984,941,000 | 20,979,570,000 | 20,740,285,000 | 19,785,370,000 | 19,102,547,000 | 18,796,442,000 | 18,554,796,000 | 17,179,904,000 | 16,748,630,000 | 15,762,908,000 | 15,095,325,000 | 14,674,074,000 | 14,474,093,000 | 13,701,419,000 | 13,574,116,000 | 13,422,186,000 | 12,536,453,000 | 12,249,431,000 | 12,037,103,000 | 11,738,569,000 | 11,728,314,000 | 11,092,153,000 | 10,939,840,000 | 10,812,402,000 | 10,480,781,000 | 9,880,927,000 | 9,415,533,000 | 8,763,603,000 | |||||||||||||||||||||||||||||||||||||
revolving credit facility and commercial paper | 1,701,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
line of credit payable and commercial paper | 1,130,201,000 | 427,546,000 | 1,148,787,000 | 1,022,516,000 | 764,390,000 | 858,260,000 | 990,257,000 | 1,304,858,000 | 2,729,040,000 | 1,920,159,000 | 1,169,121,000 | 1,519,625,000 | 1,551,376,000 | 405,000,000 | 1,285,306,000 | 675,000,000 | 856,142,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6.000% series a cumulative redeemable preferred stock and paid in capital, par value 0.01 per share... | 167,394,000 | 167,394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loan | 2,370,455,000 | 1,331,841,000 | 1,287,995,000 | 1,324,285,000 | 1,297,966,000 | 249,755,000 | 249,705,000 | 249,656,000 | 249,606,000 | 249,507,000 | 249,457,000 | 249,407,000 | 70,000,000 | 70,000,000 | 70,000,000 | 70,000,000 | 70,000,000 | 70,000,000 | 70,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,076,000 | -19,366,000 | -8,484,000 | -54,634,000 | -52,446,000 | -53,084,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investment | 300,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
line of credit payable | 628,551,000 | 615,176,000 | 704,335,000 | 8,000,000 | 838,000,000 | 774,000,000 | 534,000,000 | 1,082,000,000 | 658,000,000 | 648,000,000 | 1,082,000,000 | 512,000,000 | 653,000,000 | 370,000,000 | 45,000,000 | 70,800,000 | 740,100,000 | 43,000,000 | 96,600,000 | 26,900,000 | 39,900,000 | 4,600,000,000 | 10,000,000 | 45,800,000 | 82,300,000 | 33,600,000 | 136,700,000 | 15,500,000 | 54,800,000 | 3,100,000 | 23,600,000 | 43,400,000 | 33,200,000 | 95,300,000 | 52,100,000 | 24,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||
real estate, at cost: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total real estate, at cost | 19,517,916,000 | 18,148,160,000 | 17,833,539,000 | 16,929,520,000 | 16,228,907,000 | 15,669,078,000 | 15,405,238,000 | 14,609,937,000 | 14,362,983,000 | 14,159,761,000 | 13,152,423,000 | 12,839,945,000 | 12,634,761,000 | 12,105,879,000 | 12,015,481,000 | 11,303,067,000 | 11,003,844,000 | 10,860,992,000 | 10,520,630,000 | 9,755,752,000 | 9,211,982,000 | 8,639,246,000 | 5,629,079,000 | 5,155,381,000 | 4,973,208,000 | 4,800,781,000 | 4,387,786,000 | 4,229,679,000 | 4,112,862,000 | 3,720,594,000 | 3,722,302,000 | 3,463,174,000 | 3,439,456,000,000 | 3,404,964,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net real estate held for investment | 16,399,997,000 | 15,130,956,000 | 14,921,760,000 | 14,119,830,000 | 13,621,598,000 | 13,160,013,000 | 12,971,560,000 | 12,344,902,000 | 12,194,735,000 | 12,084,050,000 | 11,238,843,000 | 10,998,155,000 | 10,866,489,000 | 10,495,965,000 | 10,480,701,000 | 9,843,747,000 | 9,686,084,000 | 9,611,531,000 | 9,341,080,000 | 8,703,802,000 | 8,213,903,000 | 7,692,418,000 | 4,727,578,000 | 4,285,216,000 | 4,129,203,000 | 4,013,918,000 | 3,626,709,000 | 3,492,909,000 | 3,401,247,000 | 3,030,083,000 | 3,048,323,000 | 2,811,333,000 | 2,808,616,000,000 | 2,792,342,000 | 2,808,310,000 | 2,832,653,000 | 2,855,493,000 | 2,877,035,000 | 2,900,542,000 | 2,933,610,000 | 2,667,648,000 | 2,405,722,000 | 2,385,308,000 | 2,347,119,000 | 1,956,081,000 | 1,868,734,000 | 1,828,885,000 | 1,754,963,000 | 1,697,140,000 | 1,499,122,000 | 1,450,630,000 | 1,389,555,000 | 1,370,389,000 | 1,353,032,000 | 1,352,714,000 | 1,260,535,000 | 1,084,078,000 | 1,070,492,000 | 1,052,703,000 | |||||||||||||||||||||||
real estate held for sale | 96,775,000 | 15,770,000 | 18,506,000 | 22,064,000 | 65,376,000 | 70,029,000 | 29,953,000 | 2,874,000 | 12,463,000 | 11,790,000 | 24,815,000 | 9,991,000 | 1,778,000 | 13,346,000 | 8,965,000 | 9,394,000 | 15,757,000 | 9,598,000 | 12,145,000 | 17,276,000 | 16,808,000 | 10,499,000 | 7,110,000 | 18,965,000 | 8,580,000 | 4,158,000 | 6,354,000 | 4,064,000 | 3,631,000 | 9,639,000 | 7,750,000 | 10,156,000 | 8,266,000,000 | 8,160,000 | 7,007,000 | 7,725,000 | 6,660,000 | 10,085,000 | 13,892,000 | 32,379,000 | 78,552,000 | 74,775,000 | 125,939,000 | 137,962,000 | 40,073,000 | 47,943,000 | 48,379,000 | 47,083,000 | 51,597,000 | 23,776,000 | 18,525,000 | 17,155,000 | 27,740,000 | 24,648,000 | 41,727,000 | 60,110,000 | 37,611,000 | 11,845,000 | 4,880,000 | |||||||||||||||||||||||
net real estate | 16,496,772,000 | 15,146,726,000 | 14,940,266,000 | 14,141,894,000 | 13,686,974,000 | 13,230,042,000 | 13,001,513,000 | 12,347,776,000 | 12,207,198,000 | 12,095,840,000 | 11,263,658,000 | 11,008,146,000 | 10,868,267,000 | 10,509,311,000 | 10,489,666,000 | 9,853,141,000 | 9,701,841,000 | 9,621,129,000 | 9,353,225,000 | 8,721,078,000 | 8,230,711,000 | 7,702,917,000 | 4,734,688,000 | 4,304,181,000 | 4,137,783,000 | 4,018,076,000 | 3,633,063,000 | 3,496,973,000 | 3,404,878,000 | 3,039,722,000 | 3,056,073,000 | 2,821,489,000 | 2,816,882,000,000 | 2,800,502,000 | 2,815,317,000 | 2,840,378,000 | 2,862,153,000 | 2,887,120,000 | 2,914,434,000 | 2,965,989,000 | 2,746,200,000 | 2,480,497,000 | 2,511,247,000 | 2,485,081,000 | 1,996,154,000 | 1,916,677,000 | 1,877,264,000 | 1,802,046,000 | 1,748,737,000 | 1,522,898,000 | 1,469,155,000 | 1,406,710,000 | 1,398,129,000 | 1,377,680,000 | 1,394,441,000 | 1,320,645,000 | 1,121,689,000 | 1,082,337,000 | 1,057,583,000 | |||||||||||||||||||||||
acquired lease intangible assets | 1,212,679,000 | 1,228,580,000 | 1,262,252,000 | 1,165,013,000 | 1,180,182,000 | 1,108,096,000 | 1,087,648,000 | 1,063,045,000 | 1,017,411,000 | 1,043,554,000 | 1,051,713,000 | 1,056,845,000 | 1,059,879,000 | 1,048,139,000 | 986,063,000 | 955,893,000 | 972,049,000 | 848,666,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities | 309,665,000 | 311,043,000 | 303,204,000 | 272,377,000 | 266,365,000 | 268,486,000 | 265,045,000 | 256,512,000 | 249,454,000 | 241,128,000 | 237,946,000 | 228,191,000 | 201,245,000 | 174,769,000 | 155,195,000 | 137,693,000 | 116,381,000 | 103,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 0.01 per share... | 395,378,000 | 395,378,000 | 395,378,000 | 395,378,000 | 395,378,000 | 395,378,000 | 395,377,000 | 609,363,000 | 609,363,000 | 609,363,000 | 609,363,000 | 609,363,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
69,900,000 shares authorized, no shares issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of june 30, 2017 and 16,350,000 issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2016, liquidation preference 25.00 per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
370,100,000 shares authorized, 274,064,985 shares issued and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding as of june 30, 2017 and 260,168,259 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding as of december 31, 2016 | 9,046,533,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares subject to mandatory redemption | 408,750,000 | 220,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lines of credit payable | 439,000,000 | 430,000,000 | 468,400,000 | 701,000,000 | 116,600,000 | 609,000,000 | 183,600,000 | 26,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
69,900,000 shares authorized and 25,150,000 shares issued and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding as of september 30, 2013 and december 31, 2012 | 609,363,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
370,100,000 shares authorized, 196,334,470 shares issued and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding as of september 30, 2013 and 133,452,411 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding at december 31, 2012 | 5,333,761,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 5,036,326,000 | 4,576,559,000 | 4,398,433,000 | 3,770,556,000 | 2,905,703,000 | 2,901,375,000 | 2,932,558,000 | 2,931,631,000 | 2,994,179,000 | 3,090,131,000 | 3,042,937,000 | 3,039,464,000 | 3,076,262,000 | 2,544,892,000 | 2,575,313,000 | 2,546,508,000 | 2,160,190,000 | 1,975,597,000 | 1,929,932,000 | 1,920,988,000 | 1,798,707,000 | 1,571,583,000 | 1,523,222,000 | 1,442,315,000 | 1,437,644,000 | 1,424,863,000 | 1,433,334,000 | 1,360,257,000 | 1,161,044,000 | 1,119,114,000 | 1,093,926,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
34,950,000 shares authorized and 23,750,000 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding as of march 31, 2012, and 20,000,000 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized and 13,900,000 shares issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2011 | 574,927,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
185,050,000 shares authorized, 133,403,830 shares issued and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding as of march 31, 2012, and 200,000,000 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized, 133,223,338 shares issud and outstanding as | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
of december 31, 2011 | 2,564,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
20,000,000 shares authorized, 13,900,000 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding in 2011 and 2010 | 337,790,000 | 337,790,000 | 337,790,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 133,202,323 and 118,058,988 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of september 30, 2011 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2010, respectively | 2,560,612,000 | 2,354,676,000 | 2,351,962,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 2,275,542,000 | 2,090,993,000 | 1,846,965,000 | 1,626,984,000 | 1,449,095,000 | 1,488,009,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 4,274,774,000 | 3,991,053,000 | 3,535,590,000 | 3,285,534,000 | 3,143,155,000 | 2,914,787,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, ... | 2,066,287,000 | 1,629,237,000,000 | 1,628,239,000 | 1,541,491,000 | 1,540,365,000 | 1,366,504,000 | 1,256,793,000 | 1,255,671,000 | 1,134,300,000 | 1,133,730,000 | 1,040,144,000 | 1,039,551,000 | 1,038,973,000 | 1,038,767,000 | 1,038,081,000 | 1,037,491,000 | 969,030,000 | 857,770,000 | 857,393,000 | 857,020,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 126,865,242 and 118,058,988 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of june 30, 2011 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 126,828,609 and 118,058,988 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of march 31, 2011 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 13,900,000 shares issued and outstanding in 2010 and 2009 | 337,790,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding | 337,790,000 | 337,790,000 | 337,790,000 | 337,790,000 | 337,790,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 110,696,348 and 104,286,705 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of september 30, 2010 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2009, respectively | 1,829,223,000 | 1,630,974,000 | 1,629,346,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 104,497,838 and 104,286,705 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of june 30, 2010 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 104,400,957 and 104,286,705 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of march 31, 2010 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 13,900,000 shares issued and outstanding in 2009 and 2008 | 337,790,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 13,900,000 shares issued and outstanding | 337,790,000 | 337,790,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 104,281,597 and 104,211,541 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of june 30, 2009 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2008, respectively | 1,627,180,000 | 1,625,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 104,319,051 and 104,211,541 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding as of march 31, 2009 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding in 2008 and 2007 | 337,790,000 | 337,790,000 | 337,790,000 | 337,790,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 104,211,541 and 101,082,717 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding in 2008 and 2007, respectively | 1,624,622,000 | 1,623,659,000 | 1,548,052,000 | 1,546,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 104,266,403 and 101,082,717 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 101,341,289 and 101,082,717 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 101,293,987 and 101,082,717 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding in 2007 and 2006 | 337,790,000 | 337,790,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 101,072,360 and 100,746,226 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued and outstanding in 2007 and 2006, respectively | 1,544,117,000 | 1,543,269,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
200,000,000 shares authorized, 101,070,652 and 100,746,226 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 13,900,000 and 5,100,000 shares issued and outstanding in 2006 and 2005, respectively | 337,781,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 5,100,000 shares issued and outstanding | 123,804,000 | 123,804,000 | 123,804,000 | 123,804,000 | 123,804,000 | 123,804,000 | 123,804,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 5,100,000 and 4,125,700 shares issued and outstanding in 2004 and 2003, respectively | 123,787,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 4,000,000 and 4,125,700 shares issued and outstanding in 2004 and 2003, respectively | 96,429,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 5,380,000 and 4,125,700 shares issued and outstanding in 2004 and 2003, respectively | 129,435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock and paid in capital, par value 1.00 per share, 20,000,000 shares authorized, 4,125,700 shares issued and outstanding | 99,368,000 | 99,368,000 | 99,368,000 | 99,368,000 | 99,368,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2017-09-30 | 2017-06-30 | 2007-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-09-30 | 2003-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||
net income | 317,674,000 | 199,011,000 | 251,462,000 | 201,350,000 | 271,124,000 | 260,968,000 | 133,899,000 | 219,762,000 | 233,877,000 | 197,153,000 | 226,122,000 | 228,336,000 | 220,287,000 | 223,822,000 | 199,971,000 | 4,467,000 | 135,276,000 | 124,768,000 | 96,236,000 | 118,150,000 | 23,143,000 | 108,070,000 | 147,143,000 | 129,553,000 | 101,275,000 | 95,420,000 | 111,230,000 | 258,366,000 | 170,294,000 | 107,233,000 | 48,169,000 | 23,503,000 | 76,841,000 | 51,638,000 | 24,851,000 | 58,952,000 | 18,034,000 |
adjustments to net income: | |||||||||||||||||||||||||||||||||||||
depreciation and amortization | 631,981,000 | 647,849,000 | 608,935,000 | 606,671,000 | 602,339,000 | 605,570,000 | 581,064,000 | 475,856,000 | 495,566,000 | 472,278,000 | 451,477,000 | 438,174,000 | 419,016,000 | 409,437,000 | 403,762,000 | 333,229,000 | 198,832,000 | 187,789,000 | 177,985,000 | 175,041,000 | 169,084,000 | 168,328,000 | 164,585,000 | 156,594,000 | 149,424,000 | 150,426,000 | 137,517,000 | 371,755,000 | 244,186,000 | 56,132,000 | 22,049,000 | 10,817,000 | 30,080,000 | 19,948,000 | 9,789,000 | 24,419,000 | 8,073,000 |
amortization of share-based compensation | 7,719,000 | 8,110,000 | 5,899,000 | 9,822,000 | 6,401,000 | 7,267,000 | 34,003,000 | 6,073,000 | 6,231,000 | 7,623,000 | 6,300,000 | 4,875,000 | 5,099,000 | 6,641,000 | 5,002,000 | 29,289,000 | 4,315,000 | 4,472,000 | 3,697,000 | 3,083,000 | 3,020,000 | 4,882,000 | 5,518,000 | 3,184,000 | 3,187,000 | 4,527,000 | 2,764,000 | 10,641,000 | 7,215,000 | 3,025,000 | |||||||
non-cash revenue adjustments | -33,012,000 | -23,939,000 | -28,486,000 | -20,693,000 | -30,957,000 | -33,781,000 | -30,586,000 | -10,757,000 | -17,852,000 | -14,293,000 | -19,127,000 | -19,471,000 | -12,206,000 | -11,152,000 | -14,180,000 | -4,489,000 | -7,070,000 | -1,163,000 | 1,982,000 | -4,037,000 | |||||||||||||||||
amortization of net discounts (premiums) on mortgages payable | 74,000 | 72,000 | 65,000 | ||||||||||||||||||||||||||||||||||
amortization of net discounts (premiums) on notes payable | 1,222,000 | 909,000 | 652,000 | ||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 7,975,000 | 7,162,000 | 5,920,000 | 6,245,000 | 6,001,000 | 5,874,000 | 5,819,000 | 7,172,000 | 6,930,000 | 6,094,000 | 6,474,000 | 4,497,000 | 4,035,000 | 3,636,000 | 3,445,000 | 3,721,000 | 3,260,000 | 2,698,000 | 2,654,000 | 4,115,000 | 1,972,000 | 2,335,000 | 2,581,000 | 3,417,000 | 2,418,000 | 2,003,000 | 1,957,000 | 6,819,000 | 4,684,000 | ||||||||
foreign currency and unrealized derivative gain | 19,812,000 | -45,787,000 | -273,000 | 7,466,000 | -12,570,000 | ||||||||||||||||||||||||||||||||
non-cash interest expense | 362,000 | -223,000 | 1,829,000 | 2,326,000 | 1,770,000 | ||||||||||||||||||||||||||||||||
gain on sales of real estate | -49,107,000 | -38,566,000 | -22,537,000 | -24,985,000 | -50,563,000 | -25,153,000 | -16,574,000 | -5,992,000 | -7,572,000 | -7,824,000 | -4,279,000 | -9,346,000 | -42,883,000 | -40,572,000 | -10,156,000 | -20,402,000 | -12,094,000 | -14,901,000 | -8,401,000 | -22,667,000 | -13,736,000 | ||||||||||||||||
equity in earnings of unconsolidated entities | -3,080,000 | -2,353,000 | -5,087,000 | ||||||||||||||||||||||||||||||||||
distributions on common equity from unconsolidated entities | 8,744,000 | 15,933,000 | 5,756,000 | 5,430,000 | 5,057,000 | 5,302,000 | 5,249,000 | ||||||||||||||||||||||||||||||
provisions for impairment | 86,972,000 | 143,363,000 | 116,589,000 | 142,966,000 | 96,920,000 | 96,458,000 | 89,489,000 | ||||||||||||||||||||||||||||||
deferred income taxes | 3,829,000 | 413,000 | -104,000 | ||||||||||||||||||||||||||||||||||
change in assets and liabilities | |||||||||||||||||||||||||||||||||||||
accounts receivable and other assets | -73,770,000 | 38,258,000 | -95,360,000 | -12,256,000 | 15,199,000 | 57,821,000 | -32,682,000 | -93,748,000 | -43,271,000 | -16,348,000 | 42,081,000 | -237,362,000 | 73,819,000 | 151,717,000 | -17,698,000 | 8,378,000 | 21,300,000 | -46,603,000 | -21,367,000 | -19,493,000 | 1,344,000 | -64,096,000 | 3,005,000 | 1,946,000 | 728,000 | 1,642,000 | 3,598,000 | 2,537,000 | 1,397,000 | 2,732,000 | 1,686,000 | ||||||
accounts payable, accrued expenses and other liabilities | 15,740,000 | 111,373,000 | -58,474,000 | 39,078,000 | -48,551,000 | -13,878,000 | 25,958,000 | 123,766,000 | 44,785,000 | 78,259,000 | 38,483,000 | 26,719,000 | 2,912,000 | 10,570,000 | -45,491,000 | -36,029,000 | 25,105,000 | 46,162,000 | -32,019,000 | 25,802,000 | 10,799,000 | 10,046,000 | 10,067,000 | 41,620,000 | -773,000 | 1,954,000 | 2,345,000 | 288,000 | 768,000 | 2,209,000 | 1,378,000 | ||||||
net cash from operating activities | 943,135,000 | 1,060,669,000 | 787,516,000 | 971,963,000 | 841,468,000 | 981,172,000 | 778,673,000 | 760,658,000 | 731,998,000 | 734,879,000 | 731,234,000 | 630,490,000 | 676,805,000 | 743,082,000 | 513,479,000 | 352,123,000 | 388,932,000 | 314,681,000 | 266,453,000 | 305,738,000 | 295,161,000 | 249,428,000 | 265,216,000 | 291,231,000 | 288,043,000 | 277,636,000 | 212,027,000 | 640,098,000 | 460,617,000 | 218,855,000 | 35,468,000 | 141,826,000 | 103,958,000 | 52,307,000 | 60,840,000 | ||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||
investment in real estate | -872,020,000 | -1,030,438,000 | -1,184,086,000 | -1,650,643,000 | -718,838,000 | -357,053,000 | -535,903,000 | -1,351,455,000 | -2,015,340,000 | -3,011,664,000 | -1,675,136,000 | -3,906,277,000 | -1,814,096,000 | -1,640,227,000 | -1,525,836,000 | -2,603,182,000 | -1,607,852,000 | -1,075,352,000 | -1,026,690,000 | -996,841,000 | -654,115,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
free cash flows | 71,115,000 | 30,231,000 | -396,570,000 | -678,680,000 | 122,630,000 | 624,119,000 | 242,770,000 | -590,797,000 | -1,283,342,000 | -2,276,785,000 | -943,902,000 | -3,275,787,000 | -1,137,291,000 | -897,145,000 | -1,012,357,000 | -2,251,059,000 | -1,218,920,000 | -760,671,000 | -760,237,000 | -691,103,000 | -358,954,000 | 249,428,000 | 265,216,000 | 291,231,000 | 288,043,000 | 277,636,000 | 212,027,000 | 640,098,000 | 460,617,000 | 218,855,000 | 35,468,000 | 141,826,000 | 103,958,000 | 52,307,000 | 60,840,000 | ||
improvements to real estate, including leasing costs | -33,189,000 | -26,276,000 | -22,900,000 | -36,207,000 | -33,560,000 | -42,016,000 | -9,628,000 | -21,585,000 | -17,649,000 | -15,598,000 | -13,860,000 | -29,467,000 | -36,393,000 | -16,183,000 | -13,471,000 | -7,921,000 | -7,162,000 | -2,256,000 | -1,741,000 | 1,628,000 | -5,626,000 | ||||||||||||||||
investment in unconsolidated entities | -13,782,000 | -4,536,000 | -5,283,000 | -13,367,000 | -5,158,000 | -13,786,000 | -38,070,000 | ||||||||||||||||||||||||||||||
investment in loans | -384,276,000 | -222,285,000 | -200,872,000 | -254,160,000 | 0 | ||||||||||||||||||||||||||||||||
proceeds from sales of real estate | 214,792,000 | 116,841,000 | 92,573,000 | 138,085,000 | 249,461,000 | 106,280,000 | 95,624,000 | 24,582,000 | 32,312,000 | 31,866,000 | 28,594,000 | 21,427,000 | 142,443,000 | 150,010,000 | 122,235,000 | 127,003,000 | 31,917,000 | 56,911,000 | 34,705,000 | 77,534,000 | 48,282,000 | 7,410,000 | 126,233,000 | 36,310,000 | 21,549,000 | 28,596,000 | 22,456,000 | 69,486,000 | 44,005,000 | ||||||||
proceeds from note receivable | 8,112,000 | 7,780,000 | 7,022,000 | 5,738,000 | 8,988,000 | 37,106,000 | 5,468,000 | 0 | |||||||||||||||||||||||||||||
insurance proceeds received | 993,000 | 2,064,000 | 15,000 | 370,000 | 553,000 | 1,849,000 | 16,000 | 12,102,000 | 7,979,000 | 916,000 | 6,282,000 | 33,024,000 | 0 | 154,000 | 15,892,000 | 12,746,000 | |||||||||||||||||||||
non-refundable escrow deposits | -100,000 | 38,525,000 | 988,000 | 747,000 | 21,664,000 | -23,599,000 | 22,889,000 | -14,741,000 | 3,013,000 | -16,828,000 | -22,958,000 | 5,721,000 | |||||||||||||||||||||||||
net cash acquired in merger | 0 | 0 | 0 | 93,683,000 | |||||||||||||||||||||||||||||||||
net cash from investing activities | -1,079,170,000 | -1,156,750,000 | -1,313,631,000 | -1,771,659,000 | -537,304,000 | -645,110,000 | -388,810,000 | -2,716,295,000 | -1,991,951,000 | -2,968,889,000 | -1,677,719,000 | -3,857,937,000 | -1,608,644,000 | -1,502,487,000 | -1,418,008,000 | -2,834,743,000 | -1,577,376,000 | -1,031,850,000 | -993,726,000 | -920,553,000 | -308,693,000 | -373,047,000 | |||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||
cash distributions to common stockholders | -737,859,000 | -727,450,000 | -711,824,000 | -691,861,000 | -687,144,000 | -676,215,000 | -636,499,000 | -556,114,000 | -543,343,000 | -515,091,000 | -497,245,000 | -470,736,000 | -458,586,000 | -445,829,000 | -438,280,000 | -371,179,000 | -273,791,000 | -263,359,000 | -260,697,000 | -247,632,000 | -242,241,000 | -116,382,000 | |||||||||||||||
cash distributions to preferred stockholders | 0 | -2,588,000 | -2,587,000 | -2,588,000 | |||||||||||||||||||||||||||||||||
borrowings on revolving credit facilities and commercial paper programs | 2,884,478,000 | ||||||||||||||||||||||||||||||||||||
payments on revolving credit facilities and commercial paper programs | -2,416,622,000 | ||||||||||||||||||||||||||||||||||||
principal payment on term loans | |||||||||||||||||||||||||||||||||||||
proceeds from notes payable issued | 0 | 0 | 1,407,925,000 | 0 | 1,250,000,000 | 976,451,000 | 1,188,411,000 | 983,915,000 | 1,090,968,000 | ||||||||||||||||||||||||||||
principal payment on notes payable | 0 | 0 | -350,000,000 | 0 | -499,999,000 | -750,000,000 | 0 | 0 | -950,000,000 | 0 | 0 | ||||||||||||||||||||||||||
principal payments on mortgages payable | -425,000 | -4,268,000 | -39,520,000 | -114,184,000 | -3,964,000 | -1,182,000 | -621,175,000 | -1,173,000 | -12,772,000 | -6,837,000 | -1,233,000 | -1,151,000 | -85,132,000 | -182,362,000 | -43,589,000 | -10,592,000 | -13,393,000 | -24,480,000 | -18,110,000 | -35,078,000 | -58,981,000 | ||||||||||||||||
proceeds from common stock offerings | 314,835,000 | 622,224,000 | 624,795,000 | 932,900,000 | 266,627,000 | -255,000 | 543,538,000 | 1,589,499,000 | 873,280,000 | 2,180,493,000 | 796,190,000 | 2,151,936,000 | 691,396,000 | 1,056,602,000 | 656,094,000 | 0 | 593,940,000 | -295,000 | 669,590,000 | 0 | 0 | 0 | 728,883,000 | 0 | 0 | 704,938,000 | 704,938,000 | ||||||||||
proceeds from dividend reinvestment and stock purchase plan | 2,928,000 | 2,812,000 | 3,105,000 | 2,998,000 | 2,645,000 | 3,052,000 | 3,117,000 | 3,137,000 | 2,971,000 | 2,700,000 | 2,711,000 | 2,946,000 | 2,977,000 | 2,932,000 | 2,799,000 | 3,024,000 | 2,886,000 | 2,668,000 | 2,654,000 | 2,187,000 | 2,107,000 | 2,449,000 | 2,366,000 | 2,178,000 | 2,161,000 | 1,934,000 | 2,164,000 | 67,813,000 | 59,649,000 | ||||||||
redemption of preferred stock | 0 | ||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | -3,016,000 | -2,977,000 | -2,999,000 | -2,958,000 | -2,487,000 | -2,430,000 | -2,268,000 | -2,140,000 | -2,547,000 | -1,559,000 | -1,479,000 | -1,277,000 | -882,000 | -894,000 | -882,000 | -509,000 | -407,000 | -389,000 | -402,000 | -401,000 | -401,000 | ||||||||||||||||
debt issuance costs | -313,000 | -1,330,000 | -30,682,000 | 0 | -28,603,000 | -46,884,000 | -9,906,000 | -8,505,000 | -16,603,000 | -6,424,000 | -460,000 | -17,580,000 | -9,692,000 | -4,735,000 | -10,586,000 | -3,344,000 | |||||||||||||||||||||
other items, including shares withheld upon vesting | -165,000 | -48,000 | -9,459,000 | -265,000 | -62,000 | -36,000 | -8,493,000 | -841,000 | -35,000 | -44,000 | -6,102,000 | -105,000 | 214,000 | 834,000 | -5,733,000 | -27,101,000 | -887,000 | -590,000 | -4,974,000 | -8,496,000 | -6,882,000 | ||||||||||||||||
net cash from financing activities | -256,159,000 | 570,888,000 | 374,558,000 | 864,652,000 | -342,250,000 | -560,587,000 | 17,027,000 | 1,795,208,000 | 1,394,747,000 | 2,297,577,000 | 949,824,000 | 3,103,914,000 | 1,004,144,000 | 809,112,000 | 821,073,000 | 2,245,104,000 | 1,470,236,000 | 791,904,000 | 69,876,000 | 723,317,000 | 618,785,000 | 194,701,000 | 155,276,000 | 1,061,411,000 | 326,391,000 | 817,050,000 | 287,750,000 | 267,362,000 | 206,173,000 | 410,263,000 | 47,957,000 | 617,000 | 18,470,000 | 49,652,000 | 16,254,000 | ||
effect of exchange rate changes on cash and cash equivalents | -6,403,000 | 16,243,000 | 6,737,000 | -17,327,000 | 12,852,000 | 850,000 | -2,279,000 | 21,940,000 | -18,992,000 | 7,530,000 | 13,545,000 | 61,501,000 | -57,057,000 | -18,892,000 | -6,063,000 | 23,787,000 | -2,679,000 | -1,080,000 | 48,000 | 3,166,000 | 3,440,000 | ||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -398,597,000 | 491,050,000 | -144,820,000 | 47,629,000 | -25,234,000 | -223,675,000 | 404,611,000 | -138,489,000 | 115,802,000 | 71,097,000 | 16,884,000 | -213,729,000 | 279,113,000 | 73,655,000 | -657,349,000 | 111,668,000 | 608,693,000 | -6,839,000 | 66,152,000 | -188,284,000 | 219,397,000 | 17,558,000 | 1,263,000 | ||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 0 | 1,000 | 495,505,000 | 0 | 0 | 0 | 292,175,000 | 0 | 0 | 0 | 226,881,000 | 0 | 0 | 0 | 332,369,000 | 0 | 0 | 850,679,000 | 0 | 0 | 71,005,000 | 0 | 0 | 0 | 21,071,000 | ||||||||||||
cash, cash equivalents and restricted cash, end of period | -398,597,000 | 491,051,000 | 350,685,000 | 47,629,000 | -25,234,000 | -223,675,000 | 696,786,000 | -138,489,000 | 115,802,000 | 71,097,000 | 243,765,000 | -62,032,000 | 15,248,000 | 30,815,000 | 242,850,000 | 279,113,000 | 73,655,000 | 193,330,000 | 608,693,000 | -6,839,000 | 137,157,000 | -188,284,000 | 219,397,000 | 17,558,000 | 22,334,000 | ||||||||||||
principal payment on term loan | 0 | 0 | 0 | -250,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||
equity in losses of unconsolidated entities | -4,357,000 | 1,676,000 | |||||||||||||||||||||||||||||||||||
borrowings on revolving credit facility and commercial paper programs | 5,594,638,000 | ||||||||||||||||||||||||||||||||||||
payments on revolving credit facility and commercial paper programs | -5,084,178,000 | ||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | |||||||||||||||||||||||||||||||||||||
amortization of net premiums on mortgages payable | 48,000 | 51,000 | 53,000 | -122,000 | -3,206,000 | -3,201,000 | -3,196,000 | -3,200,000 | -3,204,000 | -3,327,000 | -3,530,000 | -3,561,000 | -2,340,000 | -673,000 | -205,000 | -280,000 | -238,000 | -310,000 | |||||||||||||||||||
amortization of net premiums on notes payable | 574,000 | 242,000 | 25,000 | -4,150,000 | -15,010,000 | -14,990,000 | -15,125,000 | -15,532,000 | -15,804,000 | -15,762,000 | -15,683,000 | -15,740,000 | |||||||||||||||||||||||||
foreign currency and unrealized derivative loss | 14,188,000 | 2,653,000 | -8,942,000 | ||||||||||||||||||||||||||||||||||
return of investment from unconsolidated entities | 0 | 0 | 0 | 655,000 | |||||||||||||||||||||||||||||||||
net proceeds from sale of unconsolidated entities | 467,000 | ||||||||||||||||||||||||||||||||||||
borrowings on line of credit and commercial paper programs | 12,188,501,000 | 13,389,730,000 | 3,289,840,000 | 8,018,932,000 | 44,316,639,000 | 5,884,404,000 | 22,887,251,000 | 4,249,746,000 | 8,894,575,000 | ||||||||||||||||||||||||||||
payments on line of credit and commercial paper programs | -11,449,149,000 | -14,159,740,000 | -3,170,774,000 | -7,748,935,000 | -44,489,028,000 | -5,997,192,000 | -23,221,913,000 | -5,690,060,000 | -8,287,231,000 | ||||||||||||||||||||||||||||
proceeds from term loan | 0 | 0 | 0 | 1,029,383,000 | |||||||||||||||||||||||||||||||||
net receipts on derivative settlements | 5,662,000 | 72,289,000 | 0 | 6,571,000 | 903,000 | 803,000 | 813,000 | 805,000 | 845,000 | 644,000 | 1,041,000 | 1,170,000 | 1,251,000 | ||||||||||||||||||||||||
net payments on derivative settlements | |||||||||||||||||||||||||||||||||||||
gain on interest rate swaps | -1,800,000 | -1,790,000 | -1,799,000 | -1,801,000 | 694,000 | 694,000 | 686,000 | 678,000 | |||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | -240,000 | 46,722,000 | 3,983,000 | 0 | 46,473,000 | 0 | 0 | 0 | 9,819,000 | |||||||||||||||||||||||||||
loss on interest rate swaps | -1,463,000 | 735,000 | 724,000 | 722,000 | 726,000 | 732,000 | 725,000 | 722,000 | 1,238,000 | 1,123,000 | 1,306,000 | 686,000 | |||||||||||||||||||||||||
equity in income and impairment of investment in unconsolidated entities | -2,135,000 | 0 | 113,000 | 662,000 | |||||||||||||||||||||||||||||||||
distributions from unconsolidated entities | 0 | 115,000 | 761,000 | 729,000 | |||||||||||||||||||||||||||||||||
net cash paid in merger | |||||||||||||||||||||||||||||||||||||
payments upon extinguishment of debt | -45,365,000 | -3,983,000 | 0 | -47,235,000 | 0 | 0 | |||||||||||||||||||||||||||||||
net cash received from orion divestiture | |||||||||||||||||||||||||||||||||||||
provisions for impairment on real estate | 16,808,000 | 29,815,000 | 13,178,000 | 9,481,000 | 1,650,000 | 7,691,000 | 7,038,000 | 7,990,000 | 11,011,000 | 17,246,000 | 2,720,000 | 23,790,000 | 105,095,000 | 13,869,000 | 4,478,000 | 8,950,000 | 13,503,000 | 13,061,000 | 4,672,000 | 8,072,000 | 7,706,000 | ||||||||||||||||
net (payments) receipts on derivative settlements | -2,833,000 | -6,452,000 | |||||||||||||||||||||||||||||||||||
equity in income of unconsolidated entities | |||||||||||||||||||||||||||||||||||||
foreign currency and derivative loss | |||||||||||||||||||||||||||||||||||||
proceeds from notes and bonds payable issued | -121,000 | 729,060,000 | 676,631,000 | 0 | 1,227,722,000 | 378,844,000 | 1,890,000 | 0 | 711,812,000 | 711,812,000 | |||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | 15,248,000 | 30,815,000 | -89,519,000 | ||||||||||||||||||||||||||||||||||
foreign currency and derivative gain | |||||||||||||||||||||||||||||||||||||
borrowings on line of credit and commercial paper program | 7,055,056,000 | 2,311,812,000 | 2,804,288,000 | 874,219,000 | 3,990,005,000 | 1,413,694,000 | 386,214,000 | ||||||||||||||||||||||||||||||
payments on line of credit and commercial paper program | -7,395,278,000 | -2,328,990,000 | -1,654,909,000 | -1,755,514,000 | -3,362,420,000 | -735,489,000 | -1,244,038,000 | ||||||||||||||||||||||||||||||
foreign currency and derivative losses | 590,000 | 2,374,000 | -400,000 | -804,000 | 1,564,000 | ||||||||||||||||||||||||||||||||
income from unconsolidated entities | -954,000 | ||||||||||||||||||||||||||||||||||||
non-cash revenue and expense adjustments | |||||||||||||||||||||||||||||||||||||
foreign currency and derivative gains | -3,311,000 | ||||||||||||||||||||||||||||||||||||
equity income of unconsolidated entities | |||||||||||||||||||||||||||||||||||||
proceeds from at-the-market (atm) program | 1,707,895,000 | 1,021,636,000 | 652,781,000 | 348,081,000 | 574,877,000 | 567,486,000 | 487,998,000 | 52,442,000 | |||||||||||||||||||||||||||||
redemption of common units | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of year | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | |||||||||||||||||||||||||||||||||||||
insurance and other proceeds received | 2,766,000 | -431,000 | 539,000 | ||||||||||||||||||||||||||||||||||
purchase of short-term investment | |||||||||||||||||||||||||||||||||||||
collection of loans receivable | 92,000 | 61,000 | |||||||||||||||||||||||||||||||||||
foreign currency and derivative losses (gains) | |||||||||||||||||||||||||||||||||||||
borrowings on line of credit | 1,477,877,000 | 846,532,000 | 1,197,350,000 | 215,282,000 | 672,000,000 | 732,000,000 | 1,189,000,000 | 772,000,000 | |||||||||||||||||||||||||||||
payments on line of credit | |||||||||||||||||||||||||||||||||||||
amortization of net (premiums) discounts on notes payable | |||||||||||||||||||||||||||||||||||||
cash dividends to preferred stockholders | -18,520,000 | ||||||||||||||||||||||||||||||||||||
non-refundable escrow deposits for pending acquisitions | |||||||||||||||||||||||||||||||||||||
restricted escrow deposits for section 1031 tax-deferred exchanges and pending acquisitions | |||||||||||||||||||||||||||||||||||||
proceeds from mortgages payable | |||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 1,525,000 | 256,071,000 | 8,935,000 | 3,646,000 | 10,203,000 | 713,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 9,420,000 | 9,420,000 | 10,573,000 | 2,141,000 | 2,141,000 | 4,837,000 | 4,837,000 | 4,837,000 | 8,921,000 | 8,921,000 | |||||||||||||||||||||||||||
cash and cash equivalents, end of period | 3,199,000 | 10,945,000 | 266,644,000 | 1,948,000 | 11,076,000 | 8,483,000 | 15,040,000 | 5,550,000 | 5,709,000 | 3,606,000 | |||||||||||||||||||||||||||
(gain) loss on interest rate swaps | |||||||||||||||||||||||||||||||||||||
restricted escrow deposits for section 1031 tax-deferred exchanges | |||||||||||||||||||||||||||||||||||||
and pending acquisitions | |||||||||||||||||||||||||||||||||||||
non-cash rental adjustments | |||||||||||||||||||||||||||||||||||||
proceeds from term loans | |||||||||||||||||||||||||||||||||||||
redemption of preferred units | |||||||||||||||||||||||||||||||||||||
income from discontinued operations | |||||||||||||||||||||||||||||||||||||
cash from discontinued operations | 1,022,000 | 346,000 | |||||||||||||||||||||||||||||||||||
proceeds from sales of real estate: | |||||||||||||||||||||||||||||||||||||
continuing operations | 4,370,000 | ||||||||||||||||||||||||||||||||||||
discontinued operations | 3,114,000 | ||||||||||||||||||||||||||||||||||||
cash from discontinued operations: | |||||||||||||||||||||||||||||||||||||
real estate | |||||||||||||||||||||||||||||||||||||
proceeds from sale of real estate | |||||||||||||||||||||||||||||||||||||
change in assets and liabilities, other than from the impact of our acquisition of american realty capital trust, inc., or arct | |||||||||||||||||||||||||||||||||||||
investment in real estate, net of cash acquired | |||||||||||||||||||||||||||||||||||||
collection (issuance) of loans receivable | |||||||||||||||||||||||||||||||||||||
repayment of arct line of credit | |||||||||||||||||||||||||||||||||||||
repayment of arct term loan | |||||||||||||||||||||||||||||||||||||
loans receivable | |||||||||||||||||||||||||||||||||||||
gain on sale of real estate | |||||||||||||||||||||||||||||||||||||
change in assets and liabilities, other than from the impact of our | |||||||||||||||||||||||||||||||||||||
acquisition of american realty capital trust, inc., or arct | |||||||||||||||||||||||||||||||||||||
acquisition of investment properties, net of cash received | |||||||||||||||||||||||||||||||||||||
proceeds from sale of real estate: | |||||||||||||||||||||||||||||||||||||
non-cash rental revenue adjustments | |||||||||||||||||||||||||||||||||||||
other non-cash adjustments | |||||||||||||||||||||||||||||||||||||
change in assets and liabilities: | |||||||||||||||||||||||||||||||||||||
proceeds from common stock offering | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock offerings | |||||||||||||||||||||||||||||||||||||
other items | |||||||||||||||||||||||||||||||||||||
restricted escrow deposits for section 1031 tax-deferred exchanges, pending acquisitions and other deposits | |||||||||||||||||||||||||||||||||||||
principal payments on mortgages | |||||||||||||||||||||||||||||||||||||
repayment of line of credit, previously belonging to arct | |||||||||||||||||||||||||||||||||||||
repayment of term loan, previously belonging to arct | |||||||||||||||||||||||||||||||||||||
proceeds from sales of real estate, discontinued operations | |||||||||||||||||||||||||||||||||||||
loan receivable | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock offering | |||||||||||||||||||||||||||||||||||||
provisions for impairment on real estate held for investment | |||||||||||||||||||||||||||||||||||||
collection of notes receivable by crest | |||||||||||||||||||||||||||||||||||||
acquisition of and improvements to investment properties | -377,564,000 | ||||||||||||||||||||||||||||||||||||
proceeds from the sales of real estate: | |||||||||||||||||||||||||||||||||||||
restricted escrow deposits | |||||||||||||||||||||||||||||||||||||
borrowings on lines of credit | |||||||||||||||||||||||||||||||||||||
payments on lines of credit | |||||||||||||||||||||||||||||||||||||
proceeds from bonds issued | |||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
borrowings from lines of credit | 407,800,000 | 175,400,000 | 100,700,000 | 229,300,000 | 145,200,000 | 121,500,000 | 178,400,000 | 49,100,000 | |||||||||||||||||||||||||||||
borrowings from line of credit | |||||||||||||||||||||||||||||||||||||
payments under line of credit | |||||||||||||||||||||||||||||||||||||
gain on sale of land | |||||||||||||||||||||||||||||||||||||
benefit from impairment on real estate held for investment | |||||||||||||||||||||||||||||||||||||
collection of principal on notes receivable | |||||||||||||||||||||||||||||||||||||
acquisition of income producing investment properties | |||||||||||||||||||||||||||||||||||||
borrowings under line of credit | |||||||||||||||||||||||||||||||||||||
proceeds from bonds issued, net of financing costs of 9,923 | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of financing costs of 3,869 | |||||||||||||||||||||||||||||||||||||
income from discontinued operations: | |||||||||||||||||||||||||||||||||||||
real estate acquired for resale | -7,967,000 | ||||||||||||||||||||||||||||||||||||
real estate held for investment | -1,932,000 | 443,000 | 177,000 | 1,299,000 | 386,000 | 106,000 | |||||||||||||||||||||||||||||||
proceeds from bonds issued, net of financing costs of 9,915 | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of financing costs of 3,740 | |||||||||||||||||||||||||||||||||||||
real estate acquired for resale by crest | |||||||||||||||||||||||||||||||||||||
proceeds from sales of investment properties, discontinued operations | |||||||||||||||||||||||||||||||||||||
funds held in escrow pending property acquisitions | |||||||||||||||||||||||||||||||||||||
restricted escrow deposit for section 1031 tax-deferred exchange | |||||||||||||||||||||||||||||||||||||
intangibles acquired in connection with acquisitions of investment properties | |||||||||||||||||||||||||||||||||||||
gain on sales of land | |||||||||||||||||||||||||||||||||||||
investment in real estate acquired for resale | -29,892,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sales of real estate acquired for resale | 94,106,000 | 11,197,000 | 7,746,000 | 31,048,000 | 5,149,000 | 2,747,000 | |||||||||||||||||||||||||||||||
proceeds from sales of investment properties: | |||||||||||||||||||||||||||||||||||||
payments under lines of credit | -407,800,000 | ||||||||||||||||||||||||||||||||||||
proceeds from notes issued | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||
proceeds from the sales of investment properties: | |||||||||||||||||||||||||||||||||||||
proceeds from common stock offering, net of costs of 10,131 | |||||||||||||||||||||||||||||||||||||
proceeds from the sales of investment properties, discontinued operations | |||||||||||||||||||||||||||||||||||||
(income) income from discontinued operations: | |||||||||||||||||||||||||||||||||||||
gain on sales of land and improvements | -1,835,000 | ||||||||||||||||||||||||||||||||||||
restricted escrow funds acquired in connection with acquisitions of investment properties | |||||||||||||||||||||||||||||||||||||
proceeds from common stock offering, net costs of 3,952 | |||||||||||||||||||||||||||||||||||||
intangibles acquired in connection with acquisitions of | |||||||||||||||||||||||||||||||||||||
investment properties | -319,000 | ||||||||||||||||||||||||||||||||||||
gain on reinstatement of property carrying value | |||||||||||||||||||||||||||||||||||||
provisions for impairment on real estate held | |||||||||||||||||||||||||||||||||||||
for investment | |||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and | |||||||||||||||||||||||||||||||||||||
other liabilities | |||||||||||||||||||||||||||||||||||||
restricted escrow funds acquired in connection with | |||||||||||||||||||||||||||||||||||||
acquisitions of investment properties | -2,648,000 | ||||||||||||||||||||||||||||||||||||
realty income corporation and subsidiaries consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||||
credit facility origination costs | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of offering costs of 5,563 | |||||||||||||||||||||||||||||||||||||
proceeds from other stock issuances | 728,000 | ||||||||||||||||||||||||||||||||||||
note issuance cost | |||||||||||||||||||||||||||||||||||||
collection of mortgage note receivable by crest | 25,000 | ||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 11,931 in 2006 | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of offering costs of 5,563 in 2007 | |||||||||||||||||||||||||||||||||||||
and 3,003 in 2006 | 544,437,000 | ||||||||||||||||||||||||||||||||||||
principal payment on notes | |||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 6,278 in 2006 | |||||||||||||||||||||||||||||||||||||
collection of a mortgage note receivable by crest | |||||||||||||||||||||||||||||||||||||
acquisition of and additions to investment properties | |||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 6,244 in 2006 | |||||||||||||||||||||||||||||||||||||
preferred stock issuance cost adjustment | |||||||||||||||||||||||||||||||||||||
proceeds from other common stock issuances | 80,000 | 49,000 | 744,000 | 382,000 | 234,000 | 1,245,000 | 937,000 | ||||||||||||||||||||||||||||||
gain on sale of real estate held for investment | |||||||||||||||||||||||||||||||||||||
amortization of stock compensation | |||||||||||||||||||||||||||||||||||||
amortization of stock option costs | 7,000 | 4,000 | 11,000 | 7,000 | 4,000 | ||||||||||||||||||||||||||||||||
intangibles acquired in connection with acquisition of real estate acquired for resale | |||||||||||||||||||||||||||||||||||||
intangibles acquired in connection with acquisitions of real estate acquired for resale | |||||||||||||||||||||||||||||||||||||
proceeds from sales of investment properties, continuing operations | |||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 11,931 in 2006 and 4,879 in 2005 | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of offering costs of 3,003 in 2006 and 4,604 in 2005 | |||||||||||||||||||||||||||||||||||||
proceeds from sales of investment properties | 14,576,000 | 6,580,000 | 19,798,000 | 10,891,000 | 5,965,000 | ||||||||||||||||||||||||||||||||
proceeds from notes issued, net of offering costs of 2,979 in 2005 | |||||||||||||||||||||||||||||||||||||
amortization of deferred stock compensation | 1,084,000 | 537,000 | 1,064,000 | 702,000 | 348,000 | 707,000 | 221,000 | ||||||||||||||||||||||||||||||
investments in real estate acquired for resale by crest | |||||||||||||||||||||||||||||||||||||
intangibles acquired in connection with acquisition of real estate acquired for resale by crest | |||||||||||||||||||||||||||||||||||||
benefit from impairment on real estate | |||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||
intangibles acquired in connection with acquisition of real estate held for investment | |||||||||||||||||||||||||||||||||||||
proceeds from note offerings | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 4,604 in 2005 | |||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 4,879 in 2005 and 3,682 in 2004 | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock offering, net of offering costs of 3,571 | |||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | 57,336,000 | 30,991,000 | |||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 2,977 in 2005 | 97,023,000 | ||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 3,640 in 2004 | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock offering, net of offering costs of 3,650 | |||||||||||||||||||||||||||||||||||||
net cash provided by financing activities | 70,925,000 | ||||||||||||||||||||||||||||||||||||
net increase (decrease) in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 3,725 in 2004 | 67,875,000 | ||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 2,979 in 2005 | 97,021,000 | ||||||||||||||||||||||||||||||||||||
distributions to common stockholders | |||||||||||||||||||||||||||||||||||||
distributions to preferred stockholders | |||||||||||||||||||||||||||||||||||||
proceeds from sales of real estate acquired for resale by crest | 66,669,000 | 57,611,000 | |||||||||||||||||||||||||||||||||||
gain on sale of investment properties | |||||||||||||||||||||||||||||||||||||
benefit from impairment | |||||||||||||||||||||||||||||||||||||
from continuing operations | |||||||||||||||||||||||||||||||||||||
from discontinued operations | 11,955,000 | 2,441,000 | |||||||||||||||||||||||||||||||||||
investment in real estate acquired for resale by crest | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock offerings, net of offering costs of 3,571 | 96,429,000 | ||||||||||||||||||||||||||||||||||||
proceeds from common stock offerings, net of offering costs of 3,682 | 67,918,000 | ||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 28 in 2004 and 1,494 in 2003 | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock offerings, net of offering costs of 3,650 | 96,350,000 | ||||||||||||||||||||||||||||||||||||
proceeds from common stock offerings, net of offering costs of 3,640 | 67,960,000 | ||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 1,492 in 2003 | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 1,299 in 2003 | |||||||||||||||||||||||||||||||||||||
benefit from impairment losses | |||||||||||||||||||||||||||||||||||||
investments in real estate acquired for resale | |||||||||||||||||||||||||||||||||||||
gain on sales of real estate acquired for resale | |||||||||||||||||||||||||||||||||||||
gain on sales of investment properties | |||||||||||||||||||||||||||||||||||||
shares purchased | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 1,494 | 98,506,000 | ||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 2,914 | |||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 1,492 | |||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 92 | |||||||||||||||||||||||||||||||||||||
loss from discontinued operations | 8,000 | ||||||||||||||||||||||||||||||||||||
proceeds from notes issued, net of costs of 1,299 | 98,701,000 | ||||||||||||||||||||||||||||||||||||
proceeds from stock offerings, net of offering costs of 41 in 2003 and 92 in 2002 |