Regency Centers Corporation(NASDAQ:REG) 
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers tha...
Website: http://www.regencycenters.com
Founded: 1963
Full Time Employees: 450
Sector: Real Estate
Industry: REIT-Retail
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease income | 402,613,000 | 393,480,000 | 377,761,000 | 369,105,000 | 371,079,000 | 361,371,000 | 349,057,000 | 347,845,000 | 353,106,000 | 349,759,000 | 320,921,000 | 304,458,000 | 308,801,000 | 305,187,000 | 295,756,000 | 292,864,000 | 293,645,000 | 286,978,000 | 283,303,000 | 276,730,000 | 234,541,000 | 222,552,000 | 274,537,000 | 278,619,000 | 272,143,000 | 266,236,000 | 277,303,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other property income | 2,907,000 | 3,132,000 | 3,089,000 | 4,499,000 | 3,021,000 | 3,187,000 | 4,444,000 | 2,670,000 | 4,350,000 | 3,114,000 | 2,638,000 | 2,683,000 | 3,138,000 | 2,429,000 | 2,466,000 | 2,720,000 | 3,104,000 | 3,028,000 | 4,401,000 | 3,074,000 | 2,261,000 | 2,435,000 | 2,305,000 | 2,245,000 | 2,780,000 | 2,194,000 | 1,982,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management, transaction, and other fees | 6,933,000 | 7,582,000 | 6,720,000 | 7,244,000 | 6,812,000 | 7,978,000 | 6,765,000 | 6,735,000 | 6,396,000 | 6,731,000 | 7,079,000 | 7,106,000 | 6,038,000 | 6,901,000 | 5,767,000 | 6,499,000 | 6,684,000 | 6,918,000 | 19,671,000 | 7,355,000 | 6,142,000 | 6,126,000 | 6,816,000 | 7,868,000 | 7,353,000 | 7,442,000 | 6,972,000 | 7,495,000 | 6,954,000 | 6,887,000 | 7,158,000 | 6,805,000 | 6,047,000 | 6,601,000 | 6,706,000 | 6,568,000 | 5,855,000 | 6,140,000 | 6,764,000 | 7,531,000 | 5,786,000 | 6,008,000 | 6,238,000 | 5,742,000 | 5,781,000 | 6,253,000 | 6,319,000 | 5,902,000 | 5,694,000 | 6,741,000 | 6,761,000 | 6,451,000 | 6,441,000 | 6,469,000 | 7,150,000 | 6,987,000 | 6,940,000 | 12,195,000 | 7,858,000 | 22,876,000 | 6,524,000 | 9,518,000 | 6,931,000 | |||||||||||||||||||||||
total revenues | 412,453,000 | 404,194,000 | 387,570,000 | 380,848,000 | 380,912,000 | 372,536,000 | 360,266,000 | 357,250,000 | 363,852,000 | 359,604,000 | 330,638,000 | 314,247,000 | 317,977,000 | 314,517,000 | 303,989,000 | 302,083,000 | 303,433,000 | 296,924,000 | 307,375,000 | 287,159,000 | 242,944,000 | 231,113,000 | 283,658,000 | 288,732,000 | 282,276,000 | 275,872,000 | 286,257,000 | 284,560,000 | 278,310,000 | 281,412,000 | 276,693,000 | 264,750,000 | 262,141,000 | 261,305,000 | 196,131,000 | 159,561,000 | 152,768,000 | 152,412,000 | 149,628,000 | 146,167,000 | 142,068,000 | 141,129,000 | 140,399,000 | 136,165,000 | 133,559,000 | 134,892,000 | 133,280,000 | 120,534,000 | 122,110,000 | 125,842,000 | 126,088,000 | 120,402,000 | 120,013,000 | 129,767,000 | 127,389,000 | 120,727,000 | 125,747,000 | 128,382,000 | 127,114,000 | 365,396,000 | 121,410,000 | 121,600,000 | 124,368,000 | 355,490,000 | 133,742,000 | 116,461,000 | 119,658,000 | 370,623,000 | 122,798,000 | 123,381,000 | 119,648,000 | 116,980,000 | 108,760,000 | 106,715,000 | 314,706,000 | 105,632,000 | 108,825,000 | 104,069,000 | 93,626,000 | 111,484,000 | 101,688,000 | 98,991,000 | 95,935,000 | |||
yoy | 8.28% | 8.50% | 7.58% | 6.61% | 4.69% | 3.60% | 8.96% | 13.68% | 14.43% | 14.34% | 8.77% | 4.03% | 4.79% | 5.93% | -1.10% | 5.20% | 24.90% | 28.48% | 8.36% | -0.54% | -13.93% | -16.22% | -0.91% | 1.47% | 1.43% | -1.97% | 3.46% | 7.48% | 6.17% | 7.69% | 41.08% | 65.92% | 71.59% | 71.45% | 31.08% | 9.16% | 7.53% | 7.99% | 6.57% | 7.35% | 6.37% | 4.62% | 5.34% | 12.97% | 9.38% | 7.19% | 5.70% | 0.11% | 1.75% | -3.02% | -1.02% | -0.27% | -4.56% | 1.08% | 0.22% | -66.96% | 3.57% | 5.58% | 2.21% | 2.79% | -9.22% | 4.41% | 3.94% | -4.08% | 8.91% | -5.61% | 0.01% | 4.97% | 13.44% | 12.12% | 10.74% | -0.06% | 2.54% | 12.82% | -2.39% | 2.34% | -5.42% | 16.21% | ||||||||
qoq | 2.04% | 4.29% | 1.77% | -0.02% | 2.25% | 3.41% | 0.84% | -1.81% | 1.18% | 8.76% | 5.22% | -1.17% | 1.10% | 3.46% | 0.63% | -0.44% | 2.19% | -3.40% | 7.04% | 18.20% | 5.12% | -18.52% | -1.76% | 2.29% | 2.32% | -3.63% | 0.60% | 2.25% | -1.10% | 1.71% | 4.51% | 1.00% | 0.32% | 33.23% | 22.92% | 4.45% | 0.23% | 1.86% | 2.37% | 2.89% | 0.67% | 0.52% | 3.11% | 1.95% | -0.99% | 1.21% | 10.57% | -1.29% | -2.97% | -0.20% | 4.72% | 0.32% | -7.52% | 1.87% | 5.52% | -3.99% | -2.05% | 1.00% | -65.21% | 200.96% | -0.16% | -2.23% | -65.02% | 165.80% | 14.84% | -2.67% | -67.71% | 201.82% | -0.47% | 3.12% | 7.56% | 1.92% | -66.09% | 197.93% | -2.93% | 4.57% | -16.02% | 9.63% | 3.19% | |||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 106,422,000 | 105,936,000 | 102,799,000 | 99,535,000 | 96,774,000 | 95,206,000 | 100,955,000 | 100,968,000 | 97,585,000 | 98,909,000 | 87,505,000 | 83,161,000 | 82,707,000 | 82,235,000 | 80,270,000 | 79,350,000 | 77,842,000 | 76,396,000 | 75,459,000 | 74,217,000 | 84,808,000 | 85,058,000 | 89,295,000 | 91,644,000 | 91,856,000 | 93,589,000 | 97,194,000 | 92,876,000 | 89,183,000 | 89,105,000 | 88,525,000 | 90,444,000 | 91,474,000 | 92,230,000 | 60,053,000 | 42,606,000 | 40,705,000 | 40,299,000 | 38,716,000 | 37,580,000 | 37,032,000 | 36,225,000 | 35,992,000 | 37,446,000 | 36,417,000 | 36,023,000 | 37,905,000 | 34,389,000 | 33,184,000 | 31,930,000 | 32,764,000 | 30,942,000 | 30,155,000 | 33,045,000 | 32,841,000 | 32,123,000 | 33,166,000 | 32,057,000 | 35,190,000 | 93,324,000 | 30,407,000 | 31,499,000 | 31,331,000 | 87,123,000 | 29,801,000 | 29,843,000 | 28,083,000 | 77,609,000 | 27,130,000 | 26,929,000 | 25,522,000 | 24,364,000 | 21,988,000 | 21,518,000 | 62,705,000 | 21,989,000 | 21,667,000 | 21,147,000 | 20,438,000 | 21,166,000 | 21,004,000 | 20,375,000 | 20,330,000 | |||
property operating expense | 73,300,000 | 70,188,000 | 65,471,000 | 60,759,000 | 68,459,000 | 65,395,000 | 60,477,000 | 59,491,000 | 63,274,000 | 64,566,000 | 59,227,000 | 54,394,000 | 51,022,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate taxes | 51,410,000 | 51,342,000 | 47,080,000 | 47,500,000 | 46,360,000 | 48,901,000 | 45,729,000 | 45,478,000 | 44,307,000 | 48,403,000 | 40,171,000 | 38,509,000 | 38,477,000 | 38,300,000 | 37,926,000 | 36,700,000 | 36,869,000 | 34,737,000 | 35,779,000 | 35,447,000 | 35,938,000 | 36,793,000 | 35,887,000 | 34,973,000 | 33,601,000 | 33,506,000 | 34,155,000 | 40,760,000 | 35,129,000 | 31,541,000 | 30,425,000 | 30,087,000 | 29,315,000 | 28,871,000 | 21,450,000 | 16,698,000 | 17,058,000 | 16,769,000 | 15,870,000 | 15,013,000 | 16,044,000 | 15,667,000 | 15,131,000 | 14,502,000 | 14,832,000 | 14,898,000 | 14,799,000 | 12,696,000 | 13,553,000 | 14,204,000 | 13,898,000 | 12,976,000 | 13,306,000 | 14,143,000 | 15,289,000 | 13,379,000 | 13,533,000 | 14,297,000 | 14,703,000 | 40,776,000 | 13,980,000 | 14,418,000 | 14,533,000 | 39,372,000 | 14,451,000 | 14,158,000 | 14,114,000 | 35,881,000 | 12,757,000 | 12,429,000 | 12,878,000 | 11,608,000 | 11,546,000 | 11,374,000 | 32,172,000 | 10,653,000 | 11,376,000 | 10,853,000 | 10,184,000 | 10,148,000 | 10,488,000 | 10,410,000 | 10,045,000 | |||
general and administrative | 25,606,000 | 25,267,000 | 27,060,000 | 25,480,000 | 21,600,000 | 26,022,000 | 25,073,000 | 24,238,000 | 26,132,000 | 26,558,000 | 20,903,000 | 25,065,000 | 25,280,000 | 23,193,000 | 20,273,000 | 17,645,000 | 18,792,000 | 19,955,000 | 17,789,000 | 19,187,000 | 19,582,000 | 21,202,000 | 13,705,000 | 18,262,000 | 16,705,000 | 18,717,000 | 21,300,000 | 13,544,000 | 17,564,000 | 16,776,000 | 17,606,000 | 18,006,000 | 15,199,000 | 16,746,000 | 17,673,000 | 16,632,000 | 16,046,000 | 16,350,000 | 16,299,000 | 19,373,000 | 14,750,000 | 15,099,000 | 16,378,000 | 16,359,000 | 14,463,000 | 15,223,000 | 14,198,000 | 13,292,000 | 15,001,000 | 14,966,000 | 17,975,000 | 15,917,000 | 15,641,000 | 14,020,000 | 16,122,000 | 12,316,000 | 11,671,000 | 15,177,000 | 16,954,000 | 41,953,000 | 14,371,000 | 14,639,000 | 13,735,000 | 41,985,000 | 12,151,000 | 9,292,000 | 15,884,000 | 40,001,000 | 9,494,000 | 13,153,000 | 14,123,000 | 12,159,000 | 12,907,000 | 12,297,000 | 34,730,000 | 10,765,000 | 10,830,000 | 10,803,000 | 9,148,000 | 9,402,000 | 8,652,000 | 7,232,000 | 7,221,000 | |||
other operating expenses | 1,001,000 | 3,447,000 | 1,770,000 | 1,944,000 | 1,688,000 | 1,504,000 | 3,654,000 | 3,066,000 | 2,643,000 | 4,741,000 | 3,533,000 | 1,682,000 | 2,427,000 | 949,000 | 617,000 | 2,173,000 | 3,064,000 | 812,000 | 1,177,000 | 1,208,000 | 2,480,000 | 1,337,000 | 3,328,000 | 1,819,000 | 1,533,000 | 1,134,000 | 3,261,000 | 2,045,000 | 2,799,000 | 1,632,000 | 7,604,000 | 3,195,000 | 6,616,000 | 71,512,000 | 8,286,000 | 1,046,000 | 2,440,000 | 2,306,000 | 3,011,000 | 1,880,000 | 1,779,000 | 1,166,000 | 2,831,000 | 2,062,000 | 1,795,000 | |||||||||||||||||||||||||||||||||||||||||
total operating expenses | 257,739,000 | 256,180,000 | 244,180,000 | 235,218,000 | 234,881,000 | 237,028,000 | 235,888,000 | 233,241,000 | 233,941,000 | 243,177,000 | 211,339,000 | 202,811,000 | 196,989,000 | 198,515,000 | 188,995,000 | 182,062,000 | 182,137,000 | 183,089,000 | 173,307,000 | 176,594,000 | 182,881,000 | 185,565,000 | 182,593,000 | 193,024,000 | 185,676,000 | 190,104,000 | 194,421,000 | 193,551,000 | 184,478,000 | 182,072,000 | 180,704,000 | 186,243,000 | 177,203,000 | 180,568,000 | 200,451,000 | 109,477,000 | 98,228,000 | 99,567,000 | 95,876,000 | 96,836,000 | 89,467,000 | 88,955,000 | 89,839,000 | 90,774,000 | 85,923,000 | 87,437,000 | 89,580,000 | 83,266,000 | 79,695,000 | 80,662,000 | 84,069,000 | 80,763,000 | 77,151,000 | 79,283,000 | 84,435,000 | 80,791,000 | 78,698,000 | 81,713,000 | 86,143,000 | 233,040,000 | 78,582,000 | 78,970,000 | 80,210,000 | 229,260,000 | 78,759,000 | 74,538,000 | 74,289,000 | 206,910,000 | 70,154,000 | 68,287,000 | 68,824,000 | 63,611,000 | 61,065,000 | 58,755,000 | 184,917,000 | 55,604,000 | 58,247,000 | 58,703,000 | 53,308,000 | 54,490,000 | 55,164,000 | 53,606,000 | 51,401,000 | |||
other expense, net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 52,185,000 | 49,940,000 | 51,323,000 | 50,272,000 | 48,013,000 | 47,051,000 | 47,022,000 | 43,178,000 | 42,868,000 | 42,093,000 | 38,807,000 | 36,956,000 | 36,393,000 | 36,388,000 | 36,361,000 | 36,699,000 | 36,738,000 | 36,429,000 | 35,993,000 | 35,812,000 | 40,794,000 | 40,375,000 | 37,436,000 | 38,086,000 | 38,253,000 | 37,173,000 | 37,752,000 | 36,979,000 | 36,618,000 | 38,074,000 | 36,785,000 | 24,321,250 | 34,679,000 | 35,407,000 | 27,199,000 | 17,622,250 | 21,945,000 | 24,401,000 | 24,142,000 | 19,601,750 | 25,099,000 | 26,675,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate, net of tax | -7,194,000 | -18,459,000 | -6,198,000 | -101,000 | -318,000 | -11,360,000 | -11,081,000 | -11,403,000 | -146,000 | -184,000 | -81,000 | -250,000 | -2,546,000 | -220,000 | -4,291,000 | -101,948,000 | -52,921,000 | -6,719,000 | -19,781,000 | -3,237,000 | -7,448,000 | -38,005,000 | -6,423,000 | -887,000 | -442,000 | -16,490,000 | -32,791,000 | 3,228,000 | 1,123,000 | 96,000 | 22,519,000 | 131,000 | 4,366,000 | 415,000 | 24,324,000 | 9,580,000 | 25,479,000 | 27,558,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net investment expense | -695,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | 44,296,000 | 30,003,000 | 45,897,000 | 51,040,000 | 48,673,000 | 59,362,000 | 34,290,000 | 31,394,000 | 29,214,000 | 38,632,000 | 39,643,000 | 35,133,000 | 3,129,000 | 37,356,000 | 15,023,000 | 16,862,000 | -6,256,000 | 10,524,000 | 3,784,000 | 19,206,000 | 18,719,000 | 14,534,000 | 12,153,000 | 14,998,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in income of investments in real estate partnerships | 110,418,000 | 118,011,000 | 97,493,000 | 94,590,000 | 97,358,000 | 76,146,000 | 90,088,000 | 92,615,000 | 100,697,000 | 20,638,000 | 16,533,000 | 11,892,000 | 10,628,000 | 17,361,000 | 15,258,000 | -39,675,000 | 14,381,000 | -1,866,000 | 17,358,000 | 4,717,000 | 7,537,000 | 16,249,000 | 8,012,000 | 13,439,000 | 11,190,000 | 15,477,000 | 65,413,000 | -77,679,000 | 13,914,000 | 18,851,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in income of investments in real estate partnerships | 22,380,000 | 90,121,000 | 15,124,000 | 13,759,000 | 14,495,000 | 12,531,000 | 13,488,000 | 12,314,000 | 11,961,000 | 14,239,000 | 12,517,000 | 11,869,000 | 11,916,000 | 11,969,000 | 11,209,000 | 23,842,000 | 12,804,000 | 20,742,000 | 14,243,000 | 435,000 | 8,116,000 | 2,824,000 | 11,418,000 | 17,283,000 | -283,000 | 13,128,000 | 30,828,000 | 13,426,000 | 10,024,000 | 9,174,000 | 10,349,000 | 9,537,000 | 12,221,000 | 12,240,000 | 9,342,000 | 9,900,000 | 22,647,000 | 11,050,000 | 12,920,000 | 4,517,000 | 5,667,000 | 6,757,000 | 5,567,000 | 8,917,000 | 5,713,000 | 8,832,000 | 7,808,000 | 6,568,000 | 13,262,000 | 6,012,000 | 5,876,000 | 4,634,000 | 5,403,000 | 10,804,000 | 2,966,000 | 4,855,000 | 4,825,000 | 2,688,000 | -14,986,000 | 2,102,000 | 1,782,000 | -3,892,000 | -24,289,000 | -2,084,000 | -26,213,000 | 1,902,000 | 3,475,000 | 1,817,000 | 1,122,000 | 2,635,000 | 1,677,000 | 780,000 | 3,788,000 | 2,002,000 | 578,000 | -338,000 | 755,000 | -3,953,000 | 946,000 | 2,391,000 | 2,199,000 | 1,944,000 | ||||
net income | 132,798,000 | 208,132,000 | 112,617,000 | 108,349,000 | 111,853,000 | 88,677,000 | 103,576,000 | 104,929,000 | 112,658,000 | 92,034,000 | 92,173,000 | 88,172,000 | 98,488,000 | 96,385,000 | 88,847,000 | 105,987,000 | 196,816,000 | 68,983,000 | 118,848,000 | 96,832,000 | 13,310,000 | 19,574,000 | -24,783,000 | 41,131,000 | 57,944,000 | 52,690,000 | 91,493,000 | 79,737,000 | 70,534,000 | 48,589,000 | 53,465,000 | 85,941,000 | 63,582,000 | 50,173,000 | -20,715,000 | 61,658,000 | 11,114,000 | 40,644,000 | 53,577,000 | 23,539,000 | 59,734,000 | 38,280,000 | 30,992,000 | 79,188,000 | 53,440,000 | 31,161,000 | 25,056,000 | 52,017,000 | 40,664,000 | 37,469,000 | 21,134,000 | -31,694,000 | 19,820,000 | 11,348,000 | 26,735,000 | 14,180,000 | 14,541,000 | 18,937,000 | 8,130,000 | 334,000 | 15,865,000 | 12,709,000 | 18,408,000 | 45,868,000 | -78,611,000 | -11,285,000 | 25,713,000 | 76,724,000 | 59,464,000 | 36,785,000 | 31,638,000 | 41,899,000 | 49,284,000 | 56,988,000 | 174,200,000 | 44,311,000 | 37,047,000 | 70,775,000 | 32,063,000 | 43,880,000 | 38,348,000 | 37,746,000 | 26,456,000 | |||
yoy | 18.73% | 134.71% | 8.73% | 3.26% | -0.71% | -3.65% | 12.37% | 19.00% | 14.39% | -4.51% | 3.74% | -16.81% | -49.96% | 39.72% | -25.24% | 9.45% | 1378.71% | 252.42% | -579.55% | 135.42% | -77.03% | -62.85% | -127.09% | -48.42% | -17.85% | 8.44% | 71.13% | -7.22% | 10.93% | -3.16% | -358.10% | 39.38% | 472.09% | 23.45% | -138.66% | 161.94% | -81.39% | 6.18% | 72.87% | -70.27% | 11.78% | 22.85% | 23.69% | 52.23% | 31.42% | -16.84% | 18.56% | -264.12% | 105.17% | 230.18% | -20.95% | -323.51% | 36.30% | -40.07% | 228.84% | 4145.51% | -8.35% | 49.00% | -55.83% | -99.27% | -120.18% | -212.62% | -28.41% | -40.22% | -232.20% | -130.68% | -18.73% | 41.92% | -25.36% | -44.48% | -5.44% | 33.03% | -19.48% | 38.20% | -15.57% | 84.56% | -15.06% | 65.86% | ||||||||
qoq | -36.20% | 84.81% | 3.94% | -3.13% | 26.14% | -14.38% | -1.29% | -6.86% | 22.41% | -0.15% | 4.54% | -10.47% | 2.18% | 8.48% | -16.17% | -46.15% | 185.31% | -41.96% | 22.74% | 627.51% | -32.00% | -178.98% | -160.25% | -29.02% | 9.97% | -42.41% | 14.74% | 13.05% | 45.16% | -9.12% | -37.79% | 35.17% | 26.73% | -342.21% | -133.60% | 454.78% | -72.66% | -24.14% | 127.61% | -60.59% | 56.04% | 23.52% | -60.86% | 48.18% | 71.50% | 24.37% | -51.83% | 27.92% | 8.53% | 77.29% | -166.68% | -259.91% | 74.66% | -57.55% | 88.54% | -2.48% | -23.21% | 132.93% | 2334.13% | -97.89% | 24.83% | -30.96% | -59.87% | -158.35% | 596.60% | -143.89% | -66.49% | 29.03% | 61.65% | 16.27% | -14.98% | -13.52% | -67.29% | 293.13% | 19.61% | -47.66% | -26.93% | 14.43% | 42.67% | |||||||
net income margin % | 32.20% | 51.49% | 29.06% | 28.45% | 29.36% | 23.80% | 28.75% | 29.37% | 30.96% | 25.59% | 27.88% | 28.06% | 30.97% | 30.65% | 29.23% | 35.09% | 64.86% | 23.23% | 38.67% | 33.72% | 5.48% | 8.47% | -8.74% | 14.25% | 20.53% | 19.10% | 31.96% | 28.02% | 25.34% | 17.27% | 19.32% | 32.46% | 24.25% | 19.20% | -10.56% | 38.64% | 7.28% | 26.67% | 35.81% | 16.10% | 42.05% | 27.12% | 22.07% | 58.16% | 40.01% | 23.10% | 18.80% | 43.16% | 33.30% | 29.77% | 16.76% | -26.32% | 16.51% | 8.74% | 20.99% | 11.75% | 11.56% | 14.75% | 6.40% | 0.09% | 13.07% | 10.45% | 14.80% | 12.90% | -58.78% | -9.69% | 21.49% | 20.70% | 48.42% | 29.81% | 26.44% | NaN% | 35.82% | 45.31% | 53.40% | 55.35% | 41.95% | 34.04% | 68.01% | NaN% | 34.25% | 39.36% | 37.71% | NaN% | 38.13% | 27.58% |
noncontrolling interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units | -2,617,000 | -4,177,000 | -1,664,000 | -586,000 | -642,000 | -502,000 | -593,000 | -601,000 | -642,000 | -518,000 | -520,000 | -550,000 | -420,000 | -411,000 | -379,000 | -452,000 | -863,000 | -300,000 | -519,000 | -432,000 | -57,000 | -87,000 | 115,000 | -178,000 | -157,000 | -109,000 | -190,000 | -167,000 | -147,000 | -100,000 | -111,000 | -171,000 | -132,000 | -104,000 | 19,000 | -92,000 | -16,000 | -64,000 | -85,000 | -36,000 | -94,000 | -61,000 | -49,000 | -134,000 | -90,000 | -53,000 | -42,000 | -93,000 | -73,000 | -70,000 | -39,000 | 10,000 | -39,000 | -23,000 | -54,000 | -26,000 | -27,000 | -37,000 | -13,000 | -50,000 | -34,000 | -27,000 | -94,000 | -246,000 | 462,000 | 92,000 | -164,000 | |||||||||||||||||||
limited partners' interests in consolidated partnerships | -1,632,000 | -1,476,000 | -1,580,000 | -1,742,000 | -1,624,000 | -1,698,000 | -1,514,000 | -1,660,000 | -2,242,000 | -640,000 | -933,000 | -840,000 | -787,000 | -588,500 | -890,000 | -739,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | -4,249,000 | -5,653,000 | -3,244,000 | -2,328,000 | -2,266,000 | -2,200,000 | -2,107,000 | -2,261,000 | -2,884,000 | -824,000 | -1,112,000 | -1,157,000 | -1,026,000 | -3,124,000 | -1,061,000 | -1,037,000 | -1,121,000 | -140,500 | -562,000 | -976,000 | -1,231,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to the company | 128,549,000 | 202,479,000 | 109,373,000 | 106,021,000 | 109,587,000 | 86,477,000 | 101,469,000 | 102,668,000 | 109,774,000 | 89,774,000 | 90,720,000 | 78,905,000 | 69,722,000 | 47,841,000 | 52,660,000 | 85,139,000 | 62,813,000 | 49,493,000 | -21,367,000 | 61,133,000 | 10,571,000 | 40,076,000 | 53,143,000 | 22,875,000 | 58,997,000 | 37,746,000 | 30,440,000 | 78,779,000 | 53,208,000 | 30,748,000 | 24,655,000 | 51,591,000 | 40,264,000 | 37,129,000 | 20,820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | -3,413,000 | -3,411,000 | -3,413,000 | -3,413,000 | -3,413,000 | -3,411,000 | -3,413,000 | -3,413,000 | -3,413,000 | -3,413,000 | -1,644,000 | -5,265,000 | -5,266,000 | -5,266,000 | -5,266,000 | -5,265,000 | -5,266,000 | -5,266,000 | -5,266,000 | -5,265,000 | -5,266,000 | -5,266,000 | -5,266,000 | -5,265,000 | -5,266,000 | -5,265,000 | -5,266,000 | -5,266,000 | -7,932,000 | -5,396,000 | -13,937,000 | -4,919,000 | -4,919,000 | -4,919,000 | -4,919,000 | -14,756,000 | -4,919,000 | -4,919,000 | -4,919,000 | -14,756,000 | -4,919,000 | -4,919,000 | -4,919,000 | -14,756,000 | -4,919,000 | -4,919,000 | -4,919,000 | -4,919,000 | -4,919,000 | -4,919,000 | -14,756,000 | -4,919,000 | -4,919,000 | -4,919,000 | -4,500,000 | -3,663,000 | -3,662,000 | -2,177,000 | -1,397,000 | |||||||||||||||||||||||||||
net income attributable to common shareholders | 125,136,000 | 199,068,000 | 105,960,000 | 102,608,000 | 106,174,000 | 83,066,000 | 98,056,000 | 99,255,000 | 106,361,000 | 86,361,000 | 89,076,000 | 86,782,000 | 97,281,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per common share - basic | 680 | 1,090 | 580 | 570 | 590 | 460 | 540 | 540 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per common share - diluted | 680 | 1,090 | 580 | 560 | 580 | 450 | 540 | 540 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for impairment of real estate | -30,000 | 3,374,000 | 1,262,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | 180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income | -1,448,000 | -2,602,000 | -788,000 | -703,000 | -2,431,000 | -922,500 | -370,000 | -966,000 | -2,354,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of real estate, net of tax | 294,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment loss | 761,000 | -1,675,000 | -1,372,000 | -3,216,000 | 1,020,000 | -1,742,000 | -2,256,000 | 1,215,000 | 5,468,000 | 2,494,000 | -818,750 | 209,000 | 4,923,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - basic | 580 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - diluted | 580 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations before equity in income of investments in real estate partnerships | 77,795,000 | 79,656,000 | 76,303,000 | 86,572,000 | 84,416,000 | 77,638,000 | 82,145,000 | 184,012,000 | 48,241,000 | 104,605,000 | 96,397,000 | 5,194,000 | 16,750,000 | -36,201,000 | 39,613,500 | 58,227,000 | 39,562,000 | 60,665,000 | 34,648,000 | 57,282,000 | 38,292,000 | 43,020,000 | 13,580,500 | 51,230,000 | 33,813,000 | -30,422,000 | 27,434,000 | -21,113,000 | 29,046,000 | 27,789,000 | 17,631,000 | 26,312,000 | 25,866,000 | 24,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to noncontrolling interests | -2,260,000 | -1,453,000 | -1,390,000 | -1,207,000 | -1,122,000 | -1,269,000 | -1,191,000 | -1,588,000 | -1,124,000 | -1,442,000 | -1,342,000 | -622,000 | -528,000 | -549,000 | -840,000 | -979,000 | -962,000 | -1,047,000 | -832,000 | -812,000 | -748,000 | -805,000 | -802,000 | -769,000 | -680,000 | -525,000 | -543,000 | -568,000 | -434,000 | -664,000 | -737,000 | -534,000 | -552,000 | -409,000 | -232,000 | -413,000 | -401,000 | -219,000 | -251,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income per common share - basic | 460 | 500 | 510 | 570 | 560 | 510 | 610 | 1,140 | 390 | 690 | 560 | 70 | 110 | -150 | 240 | 340 | 310 | 540 | 470 | 410 | 280 | 310 | 520 | 350 | 280 | -260 | 550 | 50 | 360 | 490 | 295 | 570 | 350 | 270 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - diluted | 470 | 500 | 510 | 570 | 550 | 510 | 610 | 1,140 | 400 | 690 | 560 | 70 | 110 | -150 | 240 | 340 | 310 | 540 | 460 | 410 | 280 | 310 | 520 | 350 | 280 | -260 | 540 | 50 | 350 | 490 | 295 | 570 | 340 | 270 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating incomes | -497,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss | -1,727,000 | -1,998,000 | -2,046,000 | -4,359,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 34,416,000 | 37,876,000 | -62,716,000 | 65,594,000 | 29,463,000 | 14,168,000 | 54,869,000 | 28,798,000 | 137,266,000 | 71,860,000 | 38,373,000 | 46,206,000 | 31,171,000 | 20,250,000 | 36,550,000 | 61,048,000 | 52,969,000 | 34,359,000 | 33,708,000 | 46,924,000 | 26,102,000 | 31,354,000 | 75,653,000 | 23,799,000 | 25,963,000 | 31,700,000 | 26,289,000 | 26,308,000 | 25,938,000 | 1,595,000 | 27,467,000 | 26,817,000 | 27,167,000 | 25,376,000 | 31,787,000 | 27,819,000 | 26,761,000 | 79,314,000 | 28,481,000 | 52,350,000 | 25,596,000 | 35,219,000 | 39,512,000 | 30,420,000 | 30,120,000 | 124,344,000 | 29,389,000 | 31,440,000 | 28,681,000 | 60,817,000 | 132,662,000 | 28,009,000 | 26,518,000 | 108,899,000 | -1,606,000 | 23,453,000 | 20,320,000 | 9,383,000 | 4,707,000 | |||||||||||||||||||||||||||
operating and maintenance | 35,947,000 | 49,577,000 | 47,750,000 | 46,461,000 | 48,937,000 | 43,468,000 | 46,566,000 | 41,345,000 | 40,032,000 | 42,369,000 | 44,817,000 | 41,695,000 | 42,759,000 | 40,638,000 | 43,110,000 | 40,557,000 | 41,851,000 | 42,516,000 | 40,102,000 | 38,020,000 | 36,105,000 | 29,763,000 | 25,255,000 | 23,373,000 | 23,709,000 | 22,685,000 | 21,859,000 | 19,761,000 | 20,185,000 | 21,172,000 | 19,636,000 | 18,149,000 | 19,498,000 | 20,505,000 | 18,796,000 | 17,040,000 | 17,982,000 | 17,909,000 | 17,198,000 | 16,389,000 | 17,806,000 | 18,594,000 | 17,520,000 | 18,101,000 | 17,861,000 | 19,575,000 | 53,033,000 | 17,342,000 | 17,279,000 | 17,649,000 | 49,483,000 | 16,578,000 | 15,547,000 | 15,920,000 | 44,206,000 | 15,162,000 | 15,107,000 | 15,504,000 | 13,855,000 | 13,363,000 | 13,106,000 | 38,558,000 | 13,022,000 | 12,641,000 | 12,242,000 | 13,334,000 | 13,240,000 | 13,592,000 | 14,110,000 | 13,142,000 | ||||||||||||||||
net income attributable to common stockholders | 95,263,000 | 87,578,000 | 104,796,000 | 195,228,000 | 67,859,000 | 117,406,000 | 95,490,000 | 12,688,000 | 19,046,000 | -25,332,000 | 40,291,000 | 56,965,000 | 51,728,000 | 90,446,000 | 78,905,000 | 69,722,000 | 47,841,000 | 52,660,000 | 85,139,000 | 59,666,000 | 48,368,000 | -33,223,000 | 55,868,000 | 5,305,000 | 34,810,000 | 47,877,000 | 17,610,000 | 53,731,000 | 32,480,000 | 25,174,000 | 73,514,000 | 47,942,000 | 25,482,000 | 19,389,000 | 46,326,000 | 34,998,000 | 31,864,000 | 15,554,000 | -37,179,000 | 11,637,000 | 5,697,000 | 13,181,000 | 8,139,000 | 8,510,000 | 12,861,000 | 2,185,000 | -17,546,000 | 9,885,000 | 6,753,000 | 12,368,000 | 27,713,000 | -84,092,000 | -17,180,000 | 19,563,000 | ||||||||||||||||||||||||||||||||
benefit from impairment of real estate | 84,274,000 | -20,000 | 135,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partners’ interests in consolidated partnerships | -725,000 | -824,000 | -923,000 | -910,000 | -565,000 | -441,000 | -664,000 | -662,000 | -822,000 | -853,000 | -857,000 | -665,000 | -665,000 | -648,000 | -694,000 | -631,000 | -637,000 | -576,000 | -671,000 | -433,000 | -527,000 | -504,000 | -349,000 | -628,000 | -643,000 | -473,000 | -503,000 | -275,000 | -142,000 | -360,000 | -359,000 | -333,000 | -327,000 | -270,000 | -275,000 | -229,000 | -212,000 | -232,000 | -192,000 | -165,000 | -154,000 | -189,000 | -82,000 | -280,000 | -96,000 | -79,000 | -96,000 | |||||||||||||||||||||||||||||||||||||||
goodwill impairment | 132,128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
early extinguishment of debt | 19,358,000 | 1,391,000 | 10,591,000 | 11,010,000 | 162,000 | 45,000 | 12,404,000 | 297,000 | 13,943,000 | 8,300,000 | -61,000 | 852,000 | 75,000 | 2,709,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from impairment of real estate, net of tax | 230,000 | 784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from impairment, net of tax | 42,075,000 | -14,000 | 10,441,000 | 1,672,000 | 7,360,750 | 855,000 | 12,533,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum rent | 204,259,000 | 204,005,000 | 208,827,000 | 201,392,000 | 195,453,000 | 195,393,000 | 195,992,000 | 141,240,000 | 114,799,000 | 111,886,000 | 109,945,000 | 107,674,000 | 106,389,000 | 105,071,000 | 102,390,000 | 101,305,000 | 99,762,000 | 98,620,000 | 97,778,000 | 94,536,000 | 87,729,000 | 90,178,000 | 89,611,000 | 90,726,000 | 86,760,000 | 88,003,000 | 92,725,000 | 92,365,000 | 87,928,000 | 90,129,000 | 89,684,000 | 89,384,000 | 260,090,000 | 87,032,000 | 86,109,000 | 86,428,000 | 256,739,000 | 88,871,000 | 86,341,000 | 86,011,000 | 247,523,000 | 86,809,000 | 86,913,000 | 85,605,000 | 81,033,000 | 77,960,000 | 77,456,000 | 219,608,000 | 75,783,000 | 75,850,000 | 74,214,000 | 73,181,000 | 72,704,000 | 73,682,000 | 72,606,000 | 71,832,000 | ||||||||||||||||||||||||||||||
percentage rent | 1,194,000 | 1,224,000 | 1,196,000 | 3,873,000 | 1,126,000 | 1,147,000 | 1,456,000 | 2,906,000 | 1,477,000 | 495,000 | 453,000 | 1,703,000 | 1,157,000 | 486,000 | 300,000 | 1,808,000 | 1,187,000 | 371,000 | 545,000 | 1,384,000 | 1,326,000 | 415,000 | 298,000 | 1,548,000 | 1,392,000 | 378,000 | 398,000 | 1,160,000 | 1,508,000 | 430,000 | 151,000 | 907,000 | 2,140,000 | 400,000 | 264,000 | 360,000 | 3,350,000 | 235,000 | 307,000 | 700,000 | 3,629,000 | 631,000 | 281,000 | 800,000 | 889,000 | 342,000 | 735,000 | 3,426,000 | 1,002,000 | 527,000 | 437,000 | 855,000 | 270,000 | 551,000 | 733,000 | 339,000 | ||||||||||||||||||||||||||||||
recoveries from tenants and other income | 71,612,000 | 66,127,000 | 64,502,000 | 64,270,000 | 61,366,000 | 59,554,000 | 57,256,000 | 45,279,000 | 36,717,000 | 34,532,000 | 35,874,000 | 33,487,000 | 31,090,000 | 30,725,000 | 32,431,000 | 31,048,000 | 29,474,000 | 28,787,000 | 30,316,000 | 31,041,000 | 25,577,000 | 25,823,000 | 29,192,000 | 27,053,000 | 25,799,000 | 25,191,000 | 30,175,000 | 26,714,000 | 24,304,000 | 28,248,000 | 26,352,000 | 28,965,000 | 80,290,000 | 27,454,000 | 25,709,000 | 30,649,000 | 72,718,000 | 29,030,000 | 22,915,000 | 25,191,000 | 71,185,000 | 27,612,000 | ||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized (gains) losses of (484) and (400), and (842) and (1,705) for the three and nine months ended september 30, 2018 and 2017, respectively | -381,000 | -923,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 42,035,000 | 67,306,000 | 47,466,000 | 53,369,000 | 63,422,000 | 63,451,000 | 45,807,000 | -21,130,000 | 37,334,000 | 1,534,000 | 40,096,000 | 40,709,000 | 22,148,000 | 31,979,000 | 32,623,000 | 30,189,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | -33.72% | 6.08% | 3.62% | -352.57% | 69.88% | 4036.31% | 14.24% | -151.90% | 68.57% | -95.20% | 22.91% | 34.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -37.55% | 41.80% | -11.06% | -15.85% | -0.05% | 38.52% | -316.79% | -156.60% | 2333.77% | -96.17% | -1.51% | 83.80% | -30.74% | -1.97% | 8.06% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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% | 14.77% | 24.18% | 16.87% | 19.29% | 23.96% | 24.20% | 17.53% | -10.77% | 23.40% | 1.00% | 26.31% | 27.21% | 15.15% | 22.51% | 23.12% | 21.50% | 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% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | 0% | 0% | 0% | NaN% | 0% | 0% |
preferred stock dividends and issuance costs | -3,147,000 | -1,125,000 | -11,856,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized (gains) losses of (291) and (11), and 84 and (863) for the three and six months ended june 30, 2018 and 2017, respectively | -569,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from impairment | 16,054,000 | 416,500 | 1,666,000 | 1,032,000 | 225,000 | 6,000,000 | 50,161,000 | 1,147,000 | 23,508,000 | 7,410,000 | 6,362,000 | -4,514,000 | 102,033,000 | 2,369,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized losses (gains) of 384 and (852) for the three months ended march 31, 2018 and 2017, respectively | -32,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense of taxable reit subsidiary | 246,000 | 50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized (gains) losses of (842) and (383), and (1,705) and (888) for the three and nine months ended september 30, 2017 and 2016, respectively | -738,750 | -971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on derivative instruments | 40,586,000 | 579,000 | 343,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized (gains) losses of (11) and (863), and (275) and 892 for the three and six months ended june 30, 2017 and 2016, respectively | -887,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized (gains) losses of (852) and (230) for the three months ended march 31, 2017 and 2016, respectively | -1,097,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to noncontrolling interests | -652,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized (gains) losses of (383) and 1,296, and (888) and 1,771 for the three and nine months ended september 30, 2016 and 2015, respectively | -317,000 | -821,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income, including unrealized losses (gains) of (275) and 892, and (505) and 475 for the three and six months ended june 30, 2016 and 2015, respectively | -602,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate | 548,000 | 12,868,000 | 1,391,000 | 27,755,000 | 5,657,000 | 803,000 | 1,691,000 | 715,000 | -70,000 | 56,000 | 1,717,000 | 4,199,000 | -228,000 | 21,000 | -1,834,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment loss (income), including unrealized gains of 230 and 417 for the three months ended march 31, 2016 and 2015, respectively | 155,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment loss (income), including unrealized losses of 1,296 and 472, and 1,771 and 289 for the three and nine months ended september 30, 2015 and 2014, respectively | 47,500 | 1,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income, including unrealized losses (gains) of 892 and (290), and 475 and (183) for the three and six months ended june 30, 2015 and 2014, respectively | -367,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 266 and 216 for the three months ended march 31, 2015 and 2014, respectively | 26,633,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income, including unrealized (gains) losses of (417) and 107 for the three months ended march 31, 2015 and 2014, respectively | -634,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 221 and 350, and 901 and 1,101 for the three and nine months ended september 30, 2014 and 2013, respectively | 20,535,250 | 27,561,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) loss, including unrealized losses (gains) of 472 and (875), and 289 and (1,724) for the three and nine months ended september 30, 2014 and 2013, respectively | -228,750 | -94,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before equity in income of investments in real estate partnerships and income taxes | 14,427,000 | 20,169,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 53,709,000 | 25,882,000 | 29,470,000 | 24,341,000 | 18,460,000 | 23,890,000 | 23,373,000 | 21,134,000 | -48,265,000 | 19,784,000 | 8,938,000 | 20,324,000 | 9,572,000 | 12,362,000 | 18,937,000 | 8,126,000 | -6,974,000 | 15,541,000 | 12,972,000 | 11,585,000 | 41,124,000 | -79,763,000 | -12,299,000 | 20,753,000 | 54,556,000 | 54,648,000 | 31,397,000 | 31,737,000 | 38,575,000 | 30,179,000 | 56,255,000 | 111,230,000 | 43,915,000 | 34,402,000 | 39,482,000 | 17,785,000 | 35,329,000 | 29,146,000 | 25,292,000 | 23,964,000 | ||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 3,136,000 | 666,000 | 969,000 | 1,163,000 | 36,000 | 106,000 | 110,000 | 987,000 | -142,000 | 4,000 | -267,000 | 322,000 | -231,000 | 26,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 33,627,000 | 16,718,000 | 12,379,000 | 14,413,000 | 36,000 | 2,410,000 | 6,411,000 | 4,608,000 | 2,179,000 | 4,000 | 7,308,000 | 324,000 | -263,000 | 6,823,000 | 4,744,000 | 1,152,000 | 1,014,000 | 4,960,000 | 22,168,000 | 4,816,000 | 5,388,000 | -99,000 | 3,324,000 | 19,105,000 | 733,000 | 62,970,000 | 396,000 | 2,645,000 | 31,293,000 | 14,278,000 | 8,551,000 | 9,202,000 | 12,454,000 | 2,492,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 800 | 520 | 280 | 210 | 140 | 200 | 210 | 170 | -580 | 130 | 30 | 70 | 40 | 70 | 140 | 20 | -310 | 120 | 80 | 70 | 250 | -1,070 | -240 | 210 | 570 | 710 | 380 | 380 | 480 | 360 | 740 | 1,420 | 560 | 430 | 510 | 200 | 500 | 400 | 380 | 370 | ||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 360 | 180 | 140 | 160 | 30 | 70 | 50 | 20 | 80 | 60 | 20 | 10 | 70 | 310 | 70 | 70 | 50 | 280 | 10 | 920 | 10 | 40 | 460 | 220 | 140 | 150 | 200 | 40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 465 and 292, and 681 and 751 for the three and six months ended june 30, 2014 and 2013, respectively | 27,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) income from deferred compensation plan, including unrealized (gains) loss of (290) and 17, and (183) and 848 for the three and six months ended june 30, 2014 and 2013, respectively | -628,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties | 30,491,000 | 16,052,000 | 11,410,000 | 13,250,000 | 2,304,000 | 6,301,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on sale of real estate | 29,470,000 | 24,341,000 | 52,087,000 | 40,608,000 | 35,752,000 | 21,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 2,173,000 | 4,093,000 | 917,000 | 1,580,000 | 1,523,000 | 3,730,000 | 1,660,000 | 269,000 | 1,589,000 | 4,912,000 | 1,901,000 | 735,000 | -905,000 | 115,000 | 2,380,000 | 1,080,000 | 607,000 | 4,927,000 | 3,357,000 | 929,000 | 288,000 | 9,213,000 | 5,611,000 | 669,000 | 797,000 | 16,752,000 | -825,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 216 and 459 for the three months ended march 31, 2014 and 2013, respectively | 27,134,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income from deferred compensation plan, including unrealized loss (gains) of 107 and (831) for the three months ended march 31, 2014 and 2013, respectively | -192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 350 and 379, and 1,101 and 1,291 for the three and nine months ended september 30, 2013 and 2012, respectively | 20,590,750 | 26,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income from deferred compensation plan, including unrealized gains of 875 and 618, and 1,724 and 1,343 for the three and nine months ended september 30, 2013 and 2012, respectively | -499,500 | -963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before tax | 18,460,000 | 23,890,000 | 23,373,000 | 21,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit of taxable reit subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred units | 629,000 | -931,000 | -931,000 | -931,000 | -931,000 | -2,794,000 | -931,000 | -931,000 | -931,000 | -2,794,000 | -931,000 | -931,000 | -931,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) loss attributable to noncontrolling interests | -263,750 | -400,000 | -340,000 | -314,000 | -255,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 292 and 377, and 751 and 913 for the three and six months ended june 30, 2013 and 2012, respectively | 27,781,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment loss (income) from deferred compensation plan, including unrealized gains (loss) of 17 and (499), and 848 and 725 for the three and six months ended june 30, 2013 and 2012, respectively | 38,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 459 and 535 in 2013 and 2012, respectively | 27,832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income from deferred compensation plan, including unrealized gains of 831 and 1,224 in 2013 and 2012, respectively | -1,071,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 379 and 613, and 1,291 and 1,802 for the three and nine months ended september 30, 2012 and 2011, respectively | 21,199,000 | 27,462,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (income) income from deferred compensation plan, including unrealized (gains) losses of (618) and 2,313 and (1,343) and 1,582 for the three and nine months ended september 30, 2012 and 2011, respectively | -459,000 | -752,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to controlling interests | 14,445,000 | 19,569,000 | 11,093,000 | 27,118,000 | 13,058,000 | 13,429,000 | 17,780,000 | 7,104,000 | -2,790,000 | 14,804,000 | 11,672,000 | 17,287,000 | 75,212,000 | -79,173,000 | -12,261,000 | 24,482,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 377 and 587, and 913 and 1,188 for the three and six months ended june 30, 2012 and 2011, respectively | 28,377,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income from deferred compensation plan, including unrealized gains of (499) and 88, and 725 and 731 for the three and six months ended june 30, 2012 and 2011, respectively | 444,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 535 and 601 in 2012 and 2011, respectively | 28,958,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income from deferred compensation plan, including 1,224 and 643 of unrealized gains | -1,528,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (income) attributable to noncontrolling interests | 383,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | 541,000 | 326,000 | 1,586,000 | 626,000 | 3,839,000 | 102,000 | 55,000 | 2,355,000 | 6,370,000 | 2,421,000 | 4,769,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income | 23,074,250 | 30,867,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of properties in development | -119,750 | -479,000 | -791,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (income) from deferred compensation plan | 348,750 | 2,283,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on derivative instruments | 922,000 | -2,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties and properties in development | 580,250 | 2,321,000 | -995,000 | 2,000 | -32,000 | 6,797,000 | 19,000 | 5,055,000 | -25,401,000 | -2,934,000 | -5,492,000 | -3,449,000 | -25,645,000 | -50,186,000 | -15,414,000 | -9,593,000 | -15,680,000 | -3,750,000 | -3,598,000 | -6,542,000 | -7,946,000 | -3,667,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 587 and 640 for the three months ended june 30, 2011 and 2010, respectively, and 1,188 and 1,315 for the six months ended june 30, 2011 and 2010, respectively | 30,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) income from deferred compensation plan | -143,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 601 and 675 in 2011 and 2010, respectively | 30,865,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from deferred compensation plan | -745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in loss of investments in real estate partnerships | 10,851,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in loss of investments in real estate partnerships | -2,725,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 444 and 1,133 in 2010 and 2009, respectively | 8,052,250 | 32,209,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 640 and 823 in 2010 and 2009, respectively | 30,635,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of properties in development | 226,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 675 and 906 in 2010 and 2009, respectively | 29,129,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders per share | 0.15 | 0.31 | -1.05 | -0.23 | 0.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management, acquisition, and other fees | 3,901,500 | 15,606,000 | 6,898,000 | 7,756,000 | 48,286,000 | 7,746,000 | 11,966,000 | 8,447,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 1,133 and 1,408 in 2009 and 2008, respectively | 6,980,000 | 27,920,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of operating properties and properties in development | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income from discontinued operations | -1,091,000 | 1,152,000 | 995,000 | 1,074,000 | 8,707,000 | 896,000 | 596,000 | -99,000 | 184,000 | 396,000 | 733,000 | 4,630,000 | 369,000 | -450,000 | 952,000 | 712,000 | 973,000 | 406,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partners’ interest in consolidated partnerships | -23,250 | -93,000 | -137,000 | -136,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 823 and 657 in 2009 and 2008, respectively | 25,640,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 906 and 880 in 2009 and 2008, respectively | 26,518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 1,408 and 840 in 2008 and 2007, respectively | 5,670,750 | 22,683,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loss | 278,000 | 1,112,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests and equity in income of investments in real estate partnerships | 54,814,000 | 54,250,000 | 31,641,000 | 30,504,000 | 38,346,000 | 30,833,000 | 54,216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest of preferred units | -2,794,000 | -931,000 | -931,000 | -931,000 | -931,000 | -931,000 | -931,000 | -2,794,000 | -931,000 | -931,000 | -931,000 | -2,949,000 | -2,113,000 | -2,112,000 | -7,458,000 | -5,081,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest of exchangeable operating partnership units | -360,000 | -366,000 | -210,000 | -214,000 | -276,000 | -265,000 | -540,000 | -1,535,000 | -459,000 | -457,000 | -658,000 | -333,000 | -751,000 | -656,000 | -397,000 | -400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest of limited partners | -579,000 | -122,000 | -225,000 | -257,000 | -241,000 | -238,000 | -278,000 | -4,847,000 | -16,000 | -4,264,000 | -511,000 | -45,000 | -82,000 | -76,000 | -85,000 | -91,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income for common stockholders | 61,968,000 | 54,545,000 | 31,866,000 | 26,719,000 | 36,980,000 | 44,365,000 | 52,069,000 | 159,444,000 | 39,392,000 | 32,128,000 | 65,856,000 | 27,563,000 | 40,217,000 | 34,686,000 | 35,569,000 | 25,059,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income for common stockholders per share | 0.88 | 0.78 | 0.45 | 0.38 | 0.53 | 0.64 | 0.75 | 2.34 | 0.57 | 0.47 | 0.97 | 0.42 | 0.64 | 0.55 | 0.58 | 0.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoveries from tenants | 24,221,000 | 24,796,000 | 24,269,000 | 22,962,000 | 22,143,000 | 63,192,000 | 22,942,000 | 20,645,000 | 21,403,000 | 20,217,000 | 20,716,000 | 21,746,000 | 21,536,000 | 20,054,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 657 and 811 in 2008 and 2007, respectively | 23,453,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 880 and 719 in 2008 and 2007, respectively | 22,538,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loss on real estate investments | 716,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share—basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share—diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management, acquisition and other fees | 10,789,000 | 7,496,000 | 6,381,000 | 26,478,000 | 5,327,000 | 12,141,000 | 7,260,000 | 3,326,000 | 16,848,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 1,625,000 | 1,261,000 | 460,000 | 1,733,000 | 3,658,000 | 204,000 | 534,000 | 1,428,000 | 1,479,000 | 663,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 840 and 819 in 2007 and 2006, respectively | 20,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share – basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share – diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 811 and 937 in 2007 and 2006, respectively | 20,311,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 719 and 1,591 in 2007 and 2006, respectively | 19,389,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 864 and 627 in 2006 and 2005, respectively | 5,030,250 | 20,121,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests | 120,406,000 | 45,321,000 | 40,054,000 | 41,582,000 | 21,112,000 | 38,275,000 | 31,990,000 | 33,232,000 | 29,536,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 959 and 558 in 2006 and 2005, respectively | 20,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 1,591 and 486 in 2006 and 2005, respectively | 19,464,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 627 and 886 in 2005 and 2004, respectively | 22,956,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 543 and 880 in 2005 and 2004, respectively | 22,317,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees and commissions | 3,318,000 | 1,917,000 | 1,766,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 505 and 837 in 2005 and 2004, respectively | 21,076,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 886 and 335 in 2004 and 2003, respectively | 20,099,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 880 and 385 in 2004 and 2003, respectively | 18,665,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net real estate investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate assets, at cost | 14,657,529,000 | 14,342,200,000 | 13,988,815,000 | 13,910,190,000 | 13,698,419,000 | 13,620,602,000 | 13,532,046,000 | 13,456,499,000 | 13,454,391,000 | 13,361,194,000 | 11,953,086,000 | 11,886,697,000 | 11,858,064,000 | 11,769,796,000 | 11,762,300,000 | 11,567,492,000 | 11,495,581,000 | 11,302,487,000 | 11,123,004,000 | 11,165,567,000 | 11,137,612,000 | 11,095,294,000 | 11,142,239,000 | 10,878,303,000 | 10,875,058,000 | 10,863,162,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation | 3,352,228,000 | 3,180,995,000 | 3,107,560,000 | 3,037,614,000 | 2,960,399,000 | 2,894,010,000 | 2,822,272,000 | 2,748,712,000 | 2,691,386,000 | 2,619,345,000 | 2,549,937,000 | 2,484,960,000 | 2,415,860,000 | 2,360,663,000 | 2,301,183,000 | 2,235,869,000 | 2,174,963,000 | 2,149,681,000 | 2,106,958,000 | 1,893,250,000 | 1,829,005,000 | 1,766,162,000 | 1,723,963,000 | 1,656,527,000 | 1,605,681,000 | 1,535,444,000 | 1,474,769,000 | 1,433,120,000 | 1,394,276,000 | 1,339,771,000 | 1,281,510,000 | 1,225,474,000 | 1,166,657,000 | 1,124,391,000 | 1,108,221,000 | 1,079,448,000 | 1,060,922,000 | 1,043,787,000 | 1,014,788,000 | 990,744,000 | 961,830,000 | 933,708,000 | 909,572,000 | 892,695,000 | 864,975,000 | 844,873,000 | 835,447,000 | 823,601,000 | 808,699,000 | 782,749,000 | 768,301,000 | 834,681,000 | 813,187,000 | 791,619,000 | 769,829,000 | 755,378,000 | 729,133,000 | 700,878,000 | 695,432,000 | 672,342,000 | 646,236,000 | 622,163,000 | 632,407,000 | 607,944,000 | 577,737,000 | 554,595,000 | 545,979,000 | 538,779,000 | 518,614,000 | 497,498,000 | 478,560,000 | 459,179,000 | 441,432,000 | 427,389,000 | 421,650,000 | 412,762,000 | 398,371,000 | 380,613,000 | 371,386,000 | ||||
real estate assets | 11,305,301,000 | 11,161,205,000 | 10,881,255,000 | 10,872,576,000 | 10,738,020,000 | 10,726,592,000 | 10,709,774,000 | 10,707,787,000 | 10,763,005,000 | 10,741,849,000 | 9,403,149,000 | 9,401,737,000 | 9,442,204,000 | 9,409,133,000 | 9,461,117,000 | 9,331,623,000 | 9,320,618,000 | 9,152,806,000 | 9,016,046,000 | 9,272,317,000 | 9,308,607,000 | 9,329,132,000 | 9,327,718,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in sales-type leases | 16,788,000 | 16,668,000 | 16,609,000 | 16,520,000 | 16,291,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in real estate partnerships | 358,620,000 | 367,837,000 | 389,828,000 | 389,175,000 | 399,044,000 | 387,413,000 | 378,091,000 | 368,709,000 | 370,605,000 | 382,300,000 | 342,439,000 | 346,390,000 | 350,377,000 | 332,248,000 | 330,887,000 | 357,998,000 | 372,591,000 | 379,704,000 | 409,627,000 | 474,285,000 | 489,500,000 | 469,522,000 | 472,863,000 | 465,495,000 | 456,733,000 | 463,001,000 | 458,051,000 | 451,220,000 | 448,257,000 | 386,304,000 | 380,930,000 | 376,800,000 | 381,691,000 | 296,699,000 | 274,940,000 | 279,270,000 | 287,500,000 | 306,206,000 | 321,164,000 | 309,544,000 | 325,243,000 | 333,167,000 | 328,398,000 | 339,922,000 | 353,772,000 | 358,849,000 | 414,509,000 | 428,606,000 | 432,287,000 | 442,927,000 | 450,021,000 | 424,726,000 | 395,933,000 | 386,882,000 | 425,460,000 | 425,559,000 | 408,238,000 | 428,592,000 | 462,778,000 | 449,413,000 | 333,963,000 | 326,212,000 | 333,620,000 | 338,107,000 | 368,313,000 | 383,408,000 | 428,730,000 | 423,138,000 | 430,889,000 | 432,910,000 | 446,653,000 | 429,106,000 | 435,251,000 | 434,090,000 | 426,494,000 | 424,844,000 | 438,228,000 | 545,617,000 | 551,697,000 | ||||
net real estate investments | 11,680,709,000 | 11,545,710,000 | 11,287,692,000 | 11,278,271,000 | 11,153,355,000 | 11,130,061,000 | 11,103,691,000 | 11,088,028,000 | 11,142,315,000 | 11,132,707,000 | 9,745,588,000 | 9,748,127,000 | 9,792,581,000 | 9,874,272,000 | 9,934,653,000 | 10,010,225,000 | 9,939,354,000 | 9,973,479,000 | 10,014,231,000 | 10,196,730,000 | 4,105,807,000 | 4,064,932,000 | 4,051,500,000 | 3,776,194,000 | 3,808,319,000 | 3,805,369,000 | 3,787,836,000 | 3,809,200,000 | 3,809,345,000 | 3,731,300,000 | 3,702,682,000 | 3,700,813,000 | 3,540,507,000 | 3,550,059,000 | 3,564,435,000 | 3,576,584,000 | 3,570,090,000 | 3,512,895,000 | 3,731,244,000 | 3,706,336,000 | 3,697,175,000 | 3,806,962,000 | 3,746,891,000 | 3,680,047,000 | 3,716,868,000 | 3,734,974,000 | 3,710,788,000 | 3,607,140,000 | 3,637,827,000 | 3,788,553,000 | 3,920,048,000 | 3,938,191,000 | 3,871,300,000 | 3,955,258,000 | 4,029,177,000 | 3,957,378,000 | 3,900,697,000 | 3,863,056,000 | 3,744,358,000 | 3,582,445,000 | 3,474,244,000 | 3,497,276,000 | 3,431,642,000 | 3,314,978,000 | 3,394,820,000 | 3,371,046,000 | |||||||||||||||||
cash, cash equivalents, and restricted cash, including 4,462 and 16,004 of restricted cash at march 31, 2026 and december 31, 2025, respectively | 145,560,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant and other receivables | 267,639,000 | 255,543,000 | 260,824,000 | 250,210,000 | 255,495,000 | 240,114,000 | 236,999,000 | 229,407,000 | 206,162,000 | 199,439,000 | 206,053,000 | 181,579,000 | 188,863,000 | 173,572,000 | 159,643,000 | 151,852,000 | 153,091,000 | 139,287,000 | 131,510,000 | 186,232,000 | 148,058,000 | 169,337,000 | 161,381,000 | 157,883,000 | 160,635,000 | 172,359,000 | 170,985,000 | 111,722,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 140,264 and 138,391 at march 31, 2026 and december 31, 2025, respectively | 99,462,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 431,633 and 421,433 at march 31, 2026 and december 31, 2025, respectively | 244,876,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right of use assets | 313,508,000 | 317,580,000 | 319,091,000 | 320,317,000 | 322,287,000 | 323,660,000 | 323,015,000 | 326,047,000 | 328,002,000 | 301,821,000 | 303,716,000 | 273,702,000 | 275,513,000 | 277,656,000 | 278,153,000 | 279,892,000 | 280,783,000 | 284,317,000 | 284,440,000 | 289,739,000 | 290,993,000 | 292,786,000 | 294,051,000 | 295,084,000 | 296,859,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 294,730,000 | 337,202,000 | 386,473,000 | 299,717,000 | 289,046,000 | 297,178,000 | 306,077,000 | 399,433,000 | 283,429,000 | 299,479,000 | 280,843,000 | 276,926,000 | 267,797,000 | 275,702,000 | 268,600,000 | 267,428,000 | 266,431,000 | 271,052,000 | 276,207,000 | 259,850,000 | 260,500,000 | 390,729,000 | 398,945,000 | 410,745,000 | 412,851,000 | 403,827,000 | 427,726,000 | 429,497,000 | 431,181,000 | 427,127,000 | 390,778,000 | 307,429,000 | 70,526,000 | 37,079,000 | 24,749,000 | 29,561,000 | 27,565,000 | 21,876,000 | 24,815,000 | 28,392,000 | 20,126,000 | 15,136,000 | 41,779,000 | 41,535,000 | 38,916,000 | 52,465,000 | 44,467,000 | 46,458,000 | 27,500,000 | 18,811,000 | 29,992,000 | 32,150,000 | 28,731,000 | 31,824,000 | 36,419,000 | 39,474,000 | 34,321,000 | 35,164,000 | 34,452,000 | 28,874,000 | 31,248,000 | 50,203,000 | 39,378,000 | 44,647,000 | 44,927,000 | 43,928,000 | 38,897,000 | 40,470,000 | 36,356,000 | 33,651,000 | 40,488,000 | 49,043,000 | 30,266,000 | 23,041,000 | 38,113,000 | 36,149,000 | 30,062,000 | 23,747,000 | 22,165,000 | 120,389,000 | 43,306,000 | 39,506,000 | 50,801,000 |
total assets | 13,046,484,000 | 13,058,979,000 | 12,730,474,000 | 12,560,070,000 | 12,391,961,000 | 12,426,579,000 | 12,384,180,000 | 12,650,903,000 | 12,426,913,000 | 12,381,414,000 | 10,827,945,000 | 10,805,680,000 | 10,860,220,000 | 10,898,837,000 | 10,901,815,000 | 10,840,164,000 | 10,792,563,000 | 10,853,903,000 | 10,640,166,000 | 11,386,309,000 | 11,568,311,000 | 11,132,253,000 | 11,172,950,000 | 10,947,189,000 | 11,017,604,000 | 10,944,663,000 | 11,057,030,000 | 11,181,730,000 | 11,233,856,000 | 11,145,717,000 | 11,118,745,000 | 11,192,344,000 | 11,135,972,000 | 4,488,906,000 | 4,458,288,000 | 4,436,602,000 | 4,147,373,000 | 4,191,074,000 | 4,170,887,000 | 4,098,268,000 | 4,118,397,000 | 4,197,170,000 | 4,128,088,000 | 4,043,771,000 | 4,035,551,000 | 3,913,516,000 | 3,896,553,000 | 3,899,903,000 | 3,861,387,000 | 3,853,458,000 | 3,797,974,000 | 4,025,866,000 | 4,004,876,000 | 3,987,071,000 | 4,095,621,000 | 4,020,290,000 | 3,991,172,000 | 3,973,648,000 | 3,993,674,000 | 4,023,126,000 | 3,933,396,000 | 3,973,806,000 | 4,170,983,000 | 4,256,160,000 | 4,208,474,000 | 4,142,375,000 | 4,221,119,000 | 4,276,269,000 | 4,195,712,000 | 4,348,964,000 | 1,472,859,000 | 1,439,617,000 | 944,571,000 | ||||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 4,973,934,000 | 4,885,954,000 | 4,769,182,000 | 4,376,240,000 | 4,343,700,000 | 4,365,007,000 | 4,055,390,000 | 4,387,181,000 | 4,001,949,000 | 3,992,093,000 | 3,709,074,000 | 3,711,784,000 | 3,726,754,000 | 3,729,404,000 | 3,737,380,000 | 3,716,717,000 | 3,718,944,000 | 3,749,273,000 | 3,650,307,000 | 4,028,767,000 | 3,445,400,000 | 3,435,161,000 | 3,437,959,000 | 2,994,495,000 | 3,009,886,000 | 3,006,478,000 | 3,008,592,000 | 3,118,002,000 | 3,276,888,000 | 2,971,715,000 | 2,943,986,000 | 2,944,995,000 | 2,749,202,000 | 1,363,925,000 | 1,364,200,000 | 1,674,631,000 | 1,670,750,000 | 1,707,478,000 | 1,808,652,000 | 1,868,700,000 | 1,889,727,000 | 1,946,357,000 | 1,948,243,000 | 1,946,063,000 | 1,855,690,000 | 1,779,697,000 | 1,764,437,000 | 1,767,124,000 | 1,785,443,000 | 1,771,891,000 | 1,756,412,000 | 1,758,299,000 | 1,748,358,000 | 1,942,440,000 | 1,965,340,000 | 1,940,145,000 | 1,922,471,000 | 2,084,469,000 | 1,892,919,000 | 2,015,247,000 | 1,886,528,000 | 1,886,380,000 | 1,880,678,000 | 1,841,454,000 | 1,892,679,000 | 1,837,904,000 | 1,839,340,000 | 1,859,995,000 | 1,798,833,000 | 1,799,975,000 | 1,842,030,000 | 1,810,524,000 | 1,438,932,000 | 1,454,386,000 | 1,456,377,000 | 1,476,643,000 | 1,438,848,000 | 1,451,942,000 | 1,459,589,000 | 2,360,546,000 | 692,658,000 | 665,517,000 | 417,286,000 |
unsecured credit facility | 30,000,000 | 30,000,000 | 30,000,000 | 265,000,000 | 65,000,000 | 30,000,000 | 310,000,000 | 30,000,000 | 152,000,000 | 77,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | 200,885,000 | 396,817,000 | 381,549,000 | 340,997,000 | 392,302,000 | 389,055,000 | 357,232,000 | 344,641,000 | 358,612,000 | 360,102,000 | 317,894,000 | 289,297,000 | 317,259,000 | 328,285,000 | 322,409,000 | 278,265,000 | 322,271,000 | 327,710,000 | 313,896,000 | 223,990,000 | 194,835,000 | 213,705,000 | 219,529,000 | 188,723,000 | 183,983,000 | 224,807,000 | 236,250,000 | 215,300,000 | 212,515,000 | 234,272,000 | 276,363,000 | 246,462,000 | 242,638,000 | 138,936,000 | 145,689,000 | 165,611,000 | 157,732,000 | 164,515,000 | 171,304,000 | 142,415,000 | 166,659,000 | 181,197,000 | 173,997,000 | 141,063,000 | 136,800,000 | 147,045,000 | 147,087,000 | 131,181,000 | 121,120,000 | 127,185,000 | 129,483,000 | 111,995,000 | 104,819,000 | 101,862,000 | 114,873,000 | 121,617,000 | 120,949,000 | 101,047,000 | 144,481,000 | 98,810,000 | 84,342,000 | 99,145,000 | 105,093,000 | 113,006,000 | 113,607,000 | 141,395,000 | 156,530,000 | 155,561,000 | 147,292,000 | 164,479,000 | 185,428,000 | 172,569,000 | 144,865,000 | 140,940,000 | 146,893,000 | 145,202,000 | 103,875,000 | 110,800,000 | 103,009,000 | ||||
acquired lease intangible liabilities, less accumulated amortization of 249,699 and 243,040 at march 31, 2026 and december 31, 2025, respectively | 352,202,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities | 241,012,000 | 243,272,000 | 243,704,000 | 243,923,000 | 244,861,000 | 245,107,000 | 243,318,000 | 245,235,000 | 246,063,000 | 242,394,000 | 243,462,000 | 212,582,000 | 213,722,000 | 215,100,000 | 214,800,000 | 215,705,000 | 215,788,000 | 218,776,000 | 218,069,000 | 221,035,000 | 221,703,000 | 222,918,000 | 223,581,000 | 223,959,000 | 225,122,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenants' security, escrow deposits and prepaid rent | 83,544,000 | 80,840,000 | 82,474,000 | 82,864,000 | 81,183,000 | 80,586,000 | 74,565,000 | 75,919,000 | 81,875,000 | 77,093,000 | 75,643,000 | 76,777,000 | 63,510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 5,881,577,000 | 5,998,923,000 | 5,873,534,000 | 5,683,630,000 | 5,491,654,000 | 5,482,382,000 | 5,421,010,000 | 5,472,884,000 | 5,234,978,000 | 5,149,887,000 | 4,684,159,000 | 4,666,245,000 | 4,682,181,000 | 4,700,097,000 | 4,695,680,000 | 4,634,472,000 | 4,682,631,000 | 4,710,439,000 | 4,600,135,000 | 5,189,107,000 | 5,293,076,000 | 4,842,292,000 | 4,833,103,000 | 4,594,341,000 | 4,614,831,000 | 4,494,495,000 | 4,504,787,000 | 4,612,942,000 | 4,628,475,000 | 4,412,663,000 | 4,482,061,000 | 4,458,309,000 | 4,371,469,000 | 1,864,404,000 | 1,858,004,000 | 2,234,577,000 | 2,065,000,000 | 2,108,454,000 | 2,262,843,000 | 2,188,401,000 | 2,219,518,000 | 2,260,688,000 | 2,253,959,000 | 2,225,369,000 | 2,194,465,000 | 2,052,382,000 | 2,059,458,000 | 2,063,871,000 | 2,085,691,000 | 2,107,547,000 | 1,983,540,000 | 2,208,267,000 | 2,160,262,000 | 2,117,417,000 | 2,198,147,000 | 2,111,596,000 | 2,060,700,000 | 2,212,988,000 | 2,163,407,000 | 2,157,960,000 | 2,021,202,000 | 2,030,412,000 | 2,269,666,000 | 2,227,675,000 | 2,454,116,000 | 2,380,093,000 | 2,313,813,000 | 2,371,115,000 | 2,277,344,000 | 2,194,244,000 | 2,159,333,000 | 2,032,833,000 | 1,837,702,000 | 1,734,572,000 | 1,794,855,000 | 1,744,087,000 | 1,664,898,000 | 1,739,225,000 | 1,702,160,000 | ||||
commitments and contingencies | 3,557,659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock 0.01 par value per share... | 225,000,000 | 225,000,000 | 225,000,000 | 225,000,000 | 225,000,000 | 225,000,000 | 225,000,000 | 225,000,000 | 225,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock 0.01 par value per share... | 1,831,000 | 1,822,000 | 1,816,000 | 1,815,000 | 1,814,000 | 1,815,000 | 1,815,000 | 1,848,000 | 1,846,000 | 1,711,000 | 1,712,000 | 1,676,000 | 1,679,000 | 1,714,000 | 1,045,000 | 972,000 | 941,000 | 923,000 | 923,000 | 914,000 | 904,000 | 904,000 | 899,000 | 899,000 | 899,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -32,207,000 | -30,641,000 | -30,210,000 | -29,133,000 | -28,045,000 | -27,638,000 | -27,234,000 | -26,321,000 | -25,488,000 | -25,081,000 | -24,676,000 | -25,699,000 | -24,461,000 | -24,061,000 | -23,882,000 | -23,831,000 | -22,758,000 | -25,318,000 | -25,887,000 | -24,597,000 | -23,897,000 | -23,199,000 | -22,858,000 | -22,536,000 | -21,226,000 | -19,834,000 | -19,550,000 | -19,268,000 | -18,756,000 | -18,307,000 | -18,048,000 | -18,105,000 | -17,473,000 | -17,062,000 | -16,882,000 | -16,843,000 | -18,371,000 | -19,658,000 | -19,438,000 | -19,390,000 | -20,638,000 | -19,382,000 | -19,167,000 | -18,952,000 | -18,351,000 | -16,726,000 | -16,540,000 | -16,352,000 | -15,912,000 | -14,924,000 | -14,756,000 | -14,792,000 | -14,222,000 | -15,197,000 | -15,028,000 | -14,985,000 | -16,292,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | -111,414,000 | |||||||||
additional paid-in-capital | 8,702,768,000 | 8,654,914,000 | 8,512,308,000 | 8,505,489,000 | 8,503,227,000 | 8,509,021,000 | 8,502,753,000 | 8,703,756,000 | 8,704,240,000 | 8,684,012,000 | 7,859,249,000 | 7,856,426,000 | 7,878,993,000 | 7,874,461,000 | 7,882,764,000 | 7,882,613,000 | 7,796,699,000 | 7,785,095,000 | 7,780,336,000 | 7,650,056,000 | 7,645,065,000 | 7,639,353,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -2,687,000 | -5,374,000 | -1,764,000 | -10,227,000 | -12,618,000 | -13,658,000 | -25,135,000 | -25,531,000 | -11,997,000 | -15,804,000 | -14,086,000 | -6,096,000 | -927,000 | -6,289,000 | -14,141,000 | -16,435,000 | -15,791,000 | -18,346,000 | -35,739,000 | -80,038,000 | -72,893,000 | -58,693,000 | -62,307,000 | -48,799,000 | -69,277,000 | -57,748,000 | -33,963,000 | -36,412,000 | -28,599,000 | -17,404,000 | -28,430,000 | -31,319,000 | -51,983,000 | -57,715,000 | -64,378,000 | -66,731,000 | -69,083,000 | -71,429,000 | -73,800,000 | -76,162,000 | -78,523,000 | -80,885,000 | -83,243,000 | -73,950,000 | -55,674,000 | -64,969,000 | -54,399,000 | -68,585,000 | -91,465,000 | -10,799,000 | -13,317,000 | -13,334,000 | -581,000 | -8,552,000 | -11,692,000 | -12,019,000 | |||||||||||||||||||||||||||
distributions in excess of net income | -2,001,870,000 | -2,049,762,000 | -2,027,254,000 | -2,001,878,000 | -1,980,076,000 | -1,935,358,000 | -1,911,741,000 | -1,889,037,000 | -1,871,603,000 | -1,834,298,000 | -1,803,406,000 | -1,779,043,000 | -1,764,977,000 | -1,749,013,000 | -1,729,645,000 | -1,726,556,000 | -1,814,814,000 | -1,775,668,000 | -1,791,773,000 | -1,615,077,000 | -1,533,182,000 | -1,408,062,000 | -1,350,331,000 | -1,309,278,000 | -1,263,011,000 | -1,255,465,000 | -1,240,331,000 | -1,216,018,000 | -1,169,828,000 | -1,158,170,000 | -1,153,153,000 | -1,122,666,000 | -1,080,882,000 | -994,259,000 | -997,881,000 | -950,941,000 | -936,945,000 | -936,020,000 | -907,962,000 | -916,027,000 | -902,845,000 | -882,372,000 | -912,041,000 | -916,576,000 | -898,787,000 | -874,916,000 | -878,753,000 | -871,266,000 | -860,832,000 | -834,810,000 | -756,114,000 | -726,444,000 | -690,845,000 | -662,735,000 | -629,626,000 | -596,898,000 | -568,526,000 | -531,505,000 | -457,372,000 | -429,798,000 | -398,699,000 | -373,345,000 | -361,530,000 | -240,417,000 | -186,227,000 | -155,057,000 | -80,067,000 | -83,885,000 | -65,049,000 | -41,316,000 | -45,931,000 | -37,036,000 | -35,535,000 | -41,897,000 | -62,324,000 | -60,809,000 | -52,129,000 | -77,422,000 | -83,530,000 | ||||
total shareholders' equity | 6,892,835,000 | 6,797,034,000 | 6,677,872,000 | 6,699,578,000 | 6,724,146,000 | 6,767,466,000 | 6,795,728,000 | 7,019,711,000 | 7,060,914,000 | 6,040,213,000 | 6,057,321,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 290,397 and 264,950 at march 31, 2026 and december 31, 2025, respectively | 144,705,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partners' interests in consolidated partnerships | 127,367,000 | 125,277,000 | 140,709,000 | 136,278,000 | 135,417,000 | 135,841,000 | 126,704,000 | 116,702,000 | 116,699,000 | 49,292,000 | 47,703,000 | 48,303,000 | 46,491,000 | 10,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests | 272,072,000 | 263,022,000 | 179,068,000 | 176,862,000 | 176,161,000 | 176,731,000 | 167,442,000 | 158,308,000 | 159,248,000 | 170,613,000 | 103,573,000 | 82,114,000 | 81,054,000 | 82,857,000 | 81,102,000 | 73,365,000 | 72,561,000 | 72,743,000 | 72,951,000 | 75,219,000 | 75,813,000 | 76,613,000 | 77,108,000 | 52,007,000 | 52,078,000 | 52,198,000 | 40,149,000 | 40,688,000 | 41,080,000 | 41,002,000 | 41,222,000 | 41,749,000 | 33,154,000 | 33,201,000 | 33,139,000 | 35,269,000 | 35,702,000 | 28,511,000 | 29,018,000 | 29,132,000 | 29,225,000 | 29,890,000 | 28,908,000 | 32,491,000 | 32,734,000 | 17,780,000 | 12,429,000 | 12,414,000 | 12,902,000 | 15,146,000 | 15,097,000 | 15,203,000 | 12,084,000 | 61,299,000 | 61,276,000 | 61,095,000 | 61,240,000 | 59,225,000 | 59,691,000 | 59,782,000 | 66,507,000 | 68,227,000 | 68,520,000 | 66,507,000 | 65,789,000 | ||||||||||||||||||
total equity | 7,164,907,000 | 7,060,056,000 | 6,856,940,000 | 6,876,440,000 | 6,900,307,000 | 6,944,197,000 | 6,963,170,000 | 7,178,019,000 | 7,191,935,000 | 7,231,527,000 | 6,143,786,000 | 6,139,435,000 | 6,178,039,000 | 6,198,740,000 | 6,206,135,000 | 6,205,692,000 | 6,109,932,000 | 6,143,464,000 | 6,040,031,000 | 6,197,202,000 | 6,275,235,000 | 6,289,961,000 | 6,339,847,000 | 6,352,848,000 | 6,402,773,000 | 6,450,168,000 | 6,552,243,000 | 6,568,788,000 | 6,605,381,000 | 6,733,054,000 | 6,636,684,000 | 6,734,035,000 | 6,764,503,000 | 2,624,502,000 | 2,600,284,000 | 2,202,025,000 | 2,082,373,000 | 2,082,620,000 | 1,908,044,000 | 1,909,867,000 | 1,898,879,000 | 1,936,482,000 | 1,874,129,000 | 1,818,402,000 | 1,841,086,000 | 1,861,134,000 | 1,837,095,000 | 1,836,032,000 | 1,775,696,000 | 1,745,911,000 | 1,814,434,000 | 1,817,599,000 | 1,844,614,000 | 1,869,654,000 | 1,897,474,000 | 1,908,694,000 | 1,930,472,000 | 1,760,660,000 | 1,830,267,000 | 1,865,166,000 | 1,912,194,000 | 1,943,394,000 | 1,901,317,000 | 2,028,485,000 | 1,754,358,000 | ||||||||||||||||||
total liabilities and equity | 13,046,484,000 | 13,058,979,000 | 12,730,474,000 | 12,560,070,000 | 12,391,961,000 | 12,426,579,000 | 12,384,180,000 | 12,650,903,000 | 12,426,913,000 | 12,381,414,000 | 10,827,945,000 | 10,805,680,000 | 10,860,220,000 | 10,898,837,000 | 10,901,815,000 | 10,840,164,000 | 10,792,563,000 | 10,853,903,000 | 10,640,166,000 | 11,386,309,000 | 11,568,311,000 | 11,132,253,000 | 11,172,950,000 | 10,947,189,000 | 11,017,604,000 | 10,944,663,000 | 11,057,030,000 | 11,181,730,000 | 11,233,856,000 | 11,145,717,000 | 11,118,745,000 | 11,192,344,000 | 11,135,972,000 | 4,488,906,000 | 4,458,288,000 | 4,436,602,000 | 4,147,373,000 | 4,191,074,000 | 4,170,887,000 | 4,098,268,000 | 4,118,397,000 | 4,197,170,000 | 4,128,088,000 | 4,043,771,000 | 4,035,551,000 | 3,913,516,000 | 3,896,553,000 | 3,899,903,000 | 3,861,387,000 | 3,853,458,000 | 3,797,974,000 | 4,025,866,000 | 4,004,876,000 | 3,987,071,000 | 4,095,621,000 | 4,020,290,000 | 3,991,172,000 | 3,973,648,000 | 3,993,674,000 | 4,023,126,000 | 3,933,396,000 | 3,973,806,000 | 4,170,983,000 | 4,256,160,000 | 4,208,474,000 | 4,348,964,000 | 1,472,859,000 | 1,439,617,000 | 944,571,000 | ||||||||||||||
properties held for sale | 53,572,000 | 15,553,000 | 16,220,000 | 33,572,000 | 18,878,000 | 2,354,000 | 2,354,000 | 2,354,000 | 25,574,000 | 22,077,000 | 27,812,000 | 27,889,000 | 45,565,000 | 35,563,000 | 15,106,000 | 15,275,000 | 60,516,000 | 51,892,000 | 102,163,000 | 8,742,000 | 27,802,000 | 19,600,000 | 19,600,000 | 29,365,000 | 26,861,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 4,907 and 5,601 of restricted cash at september 30, 2025 and december 31, 2024, respectively | 205,595,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 136,359 and 131,080 at september 30, 2025 and december 31, 2024, respectively | 88,838,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 412,407 and 395,209 at september 30, 2025 and december 31, 2024, respectively | 254,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 238,651 and 222,052 at september 30, 2025 and december 31, 2024, respectively | 362,040,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -4,299,000 | -3,788,000 | -1,715,000 | 5,135,000 | 4,465,000 | -1,308,000 | 9,435,000 | 7,336,000 | 3,927,000 | 7,560,000 | 8,253,000 | 2,388,000 | 14,066,000 | 10,317,000 | 4,764,000 | -49,973,000 | -26,299,000 | -18,762,000 | -28,274,000 | -18,916,000 | -18,030,000 | 1,577,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 279,804 and 81,076 at september 30, 2025 and december 31, 2024, respectively | 137,745,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 4,133 and 5,601 of restricted cash at june 30, 2025 and december 31, 2024, respectively | 154,819,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 134,870 and 131,080 at june 30, 2025 and december 31, 2024, respectively | 87,027,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 410,383 and 395,209 at june 30, 2025 and december 31, 2024, respectively | 218,995,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 233,778 and 222,052 at june 30, 2025 and december 31, 2024, respectively | 366,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 76,063 and 81,076 at june 30, 2025 and december 31, 2024, respectively | 38,359,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 3,444 and 5,601 of restricted cash at march 31, 2025 and december 31, 2024, respectively | 78,537,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 133,046 and 131,080 at march 31, 2025 and december 31, 2024, respectively | 85,272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 402,274 and 395,209 at march 31, 2025 and december 31, 2024, respectively | 231,526,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 227,051 and 222,052 at march 31, 2025 and december 31, 2024, respectively | 374,606,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 80,890 and 81,076 at march 31, 2025 and december 31, 2024, respectively | 40,584,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 5,601 and 6,383 of restricted cash at december 31, 2024 and 2023, respectively | 61,884,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 131,080 and 124,107 at december 31, 2024 and 2023, respectively | 79,911,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 395,209 and 364,413 at december 31, 2024 and 2023, respectively | 229,983,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 222,052 and 211,067 at december 31, 2024 and 2023, respectively | 364,608,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive gain | 2,226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 81,076 and 74,199 at december 31, 2024 and 2023, respectively | 40,744,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in sales-type lease | 16,056,000 | 15,826,000 | 11,532,000 | 8,705,000 | 8,558,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 4,822 and 6,383 of restricted cash at september 30, 2024 and december 31, 2023, respectively | 114,831,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 128,881 and 124,107 at september 30, 2024 and december 31, 2023, respectively | 78,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 384,600 and 364,413 at september 30, 2024 and december 31, 2023, respectively | 242,529,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 214,684 and 211,067 at september 30, 2024 and december 31, 2023, respectively | 372,627,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 79,212 and 74,199 at september 30, 2024 and december 31, 2023, respectively | 40,890,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 6,109 and 6,383 of restricted cash at june 30, 2024 and december 31, 2023, respectively | 79,923,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 126,867 and 124,107 at june 30, 2024 and december 31, 2023, respectively | 77,836,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 374,411 and 364,413 at june 30, 2024 and december 31, 2023, respectively | 256,639,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 208,900 and 211,067 at june 30, 2024 and december 31, 2023, respectively | 380,505,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 68,390 and 74,199 at june 30, 2024 and december 31, 2023, respectively | 40,738,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 5,401 and 6,383 of restricted cash at march 31, 2024 and december 31, 2023, respectively | 230,101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 125,643 and 124,107 at march 31, 2024 and december 31, 2023, respectively | 77,484,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 364,829 and 364,413 at march 31, 2024 and december 31, 2023, respectively | 266,831,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 202,474 and 211,067 at march 31, 2024 and december 31, 2023, respectively | 389,908,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 66,587 and 74,199 at march 31, 2024 and december 31, 2023, respectively | 41,606,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 6,383 and 2,310 of restricted cash at december 31, 2023 and 2022, respectively | 91,354,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 124,107 and 117,137 at december 31, 2023 and 2022, respectively | 73,398,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 364,413 and 338,053 at december 31, 2023 and 2022, respectively | 283,375,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 211,067 and 193,315 at december 31, 2023 and 2022, respectively | 398,302,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenants’ security, escrow deposits and prepaid rent | 78,052,000 | 70,242,000 | 60,895,000 | 62,352,000 | 53,269,000 | 55,904,000 | 50,251,000 | 48,573,000 | 58,865,000 | 53,227,000 | 45,527,000 | 46,923,000 | 57,750,000 | 43,988,000 | 49,124,000 | 48,428,000 | 46,351,000 | 50,126,000 | 41,136,000 | 28,239,000 | 26,974,000 | 28,217,000 | 24,726,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 7,032,687,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 74,199 and 46,340 at december 31, 2023 and 2022, respectively | 42,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partners’ interests in consolidated partnerships | 117,053,000 | 46,565,000 | 37,489,000 | 37,114,000 | 37,131,000 | 37,407,000 | 38,843,000 | 39,069,000 | 40,513,000 | 40,767,000 | 41,479,000 | 41,437,000 | 41,532,000 | 29,423,000 | 29,923,000 | 30,233,000 | 30,095,000 | 30,316,000 | 30,794,000 | 35,217,000 | 35,168,000 | 35,145,000 | 37,282,000 | 37,691,000 | 30,486,000 | 30,958,000 | 31,072,000 | 31,184,000 | 31,804,000 | 30,843,000 | 34,308,000 | 34,516,000 | 19,206,000 | 13,891,000 | 13,579,000 | 14,095,000 | 16,299,000 | 16,176,000 | 16,244,000 | 13,074,000 | 13,104,000 | 13,035,000 | 12,799,000 | 12,908,000 | 10,818,000 | 10,839,000 | 10,817,000 | ||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 6,710 and 2,310 of restricted cash at september 30, 2023 and december 31, 2022, respectively | 81,070,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 122,530 and 117,137 at september 30, 2023 and december 31, 2022, respectively | 71,551,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 351,118 and 338,053 at september 30, 2023 and december 31, 2022, respectively | 295,347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 205,096 and 193,315 at september 30, 2023 and december 31, 2022, respectively | 396,423,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a and series b preferred stock, 0.01 par value per share... | 225,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 0.01 par value per share... | 1,846,000 | 1,710,000 | 1,710,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 64,005 and 46,340 at september 30, 2023 and december 31, 2022, respectively | 53,914,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 3,259 and 2,310 of restricted cash at june 30, 2023 and december 31, 2022, respectively | 43,108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 120,436 and 117,137 at june 30, 2023 and december 31, 2022, respectively | 69,788,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 345,131 and 338,053 at june 30, 2023 and december 31, 2022, respectively | 178,849,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 201,440 and 193,315 at june 30, 2023 and december 31, 2022, respectively | 336,636,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 66,720 and 46,340 at june 30, 2023 and december 31, 2022, respectively | 54,281,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 2,955 and 2,310 of restricted cash at march 31, 2023 and december 31, 2022, respectively | 68,143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 118,766 and 117,137 at march 31, 2023 and december 31, 2022, respectively | 68,567,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 344,460 and 338,053 at march 31, 2023 and december 31, 2022, respectively | 188,636,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 199,840 and 193,315 at march 31, 2023 and december 31, 2022, respectively | 346,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 45,361 and 46,340 at march 31, 2023 and december 31, 2022, respectively | 34,411,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 2,310 and 1,930 of restricted cash at december 31, 2022 and 2021, respectively | 68,776,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 117,137 and 117,878 at december 31, 2022 and 2021, respectively | 68,945,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 338,053 and 312,186 at december 31, 2022 and 2021, respectively | 197,745,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 193,315 and 172,293 at december 31, 2022 and 2021, respectively | 354,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 7,877,152,000 | 7,883,458,000 | 7,654,930,000 | 7,672,517,000 | 7,873,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 6,096,985,000 | 6,132,327,000 | 6,037,371,000 | 6,070,721,000 | 5,967,080,000 | 6,121,983,000 | 6,199,422,000 | 6,213,348,000 | 6,262,739,000 | 6,300,841,000 | 6,350,695,000 | 6,397,970,000 | 6,512,094,000 | 6,528,100,000 | 6,564,301,000 | 6,692,052,000 | 6,595,462,000 | 6,692,286,000 | 6,731,349,000 | 2,591,301,000 | 2,567,145,000 | 2,166,756,000 | 2,046,671,000 | 2,054,109,000 | 1,879,026,000 | 1,880,735,000 | 1,869,654,000 | 1,906,592,000 | 1,845,221,000 | 1,785,911,000 | 1,808,352,000 | 1,843,354,000 | 1,824,666,000 | 1,823,618,000 | 1,762,794,000 | 1,730,765,000 | 1,799,337,000 | 1,802,396,000 | 1,832,530,000 | 1,808,355,000 | 1,836,198,000 | 1,847,599,000 | 1,869,232,000 | 1,770,576,000 | 1,805,384,000 | 1,845,687,000 | 1,875,167,000 | 1,832,797,000 | 1,961,978,000 | 1,688,569,000 | 1,696,085,000 | 1,839,463,000 | 1,837,417,000 | 1,870,386,000 | 1,859,076,000 | 1,879,009,000 | 1,860,187,000 | 1,853,317,000 | 1,824,713,000 | 1,829,320,000 | 1,818,763,000 | 1,788,825,000 | 1,776,907,000 | ||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 46,340 and 56,844 at december 31, 2022 and 2021, respectively | 34,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 3,752 and 1,930 of restricted cash at september 30, 2022 and december 31, 2021, respectively | 154,984,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 122,690 and 117,878 at september 30, 2022 and december 31, 2021, respectively | 69,091,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 332,866 and 312,186 at september 30, 2022 and december 31, 2021, respectively | 204,097,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 186,515 and 172,293 at september 30, 2022 and december 31, 2021, respectively | 350,531,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value per share... | 1,711,000 | 1,711,000 | 1,714,000 | 1,712,000 | 1,699,000 | 1,697,000 | 1,696,000 | 1,676,000 | 1,676,000 | 1,675,000 | 1,694,000 | 1,694,000 | 1,694,000 | 1,701,000 | 1,701,000 | 1,701,000 | 1,045,000 | 995,000 | 976,000 | 942,000 | 943,000 | 943,000 | 932,000 | 923,000 | 923,000 | 923,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 6,115,883,000 | 6,125,033,000 | 1,701,435,000 | 1,840,345,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 39,926 and 56,844 at september 30, 2022 and december 31, 2021, respectively | 34,554,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 3,128 and 1,930 of restricted cash at june 30, 2022 and december 31, 2021, respectively | 121,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 120,650 and 117,878 at june 30, 2022 and december 31, 2021, respectively | 65,607,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 325,131 and 312,186 at june 30, 2022 and december 31, 2021, respectively | 214,264,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 180,082 and 172,293 at june 30, 2022 and december 31, 2021, respectively | 357,581,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 43,974 and 56,844 at june 30, 2022 and december 31, 2021, respectively | 34,611,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 2,749 and 1,930 of restricted cash at march 31, 2022 and december 31, 2021, respectively | 178,730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 118,572 and 117,878 at march 31, 2022 and december 31, 2021, respectively | 64,954,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 316,632 and 312,186 at march 31, 2022 and december 31, 2021, respectively | 205,333,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 173,281 and 172,293 at march 31, 2022 and december 31, 2021, respectively | 362,890,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 54,222 and 56,844 at march 31, 2022 and december 31, 2021, respectively | 35,876,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 1,930 and 2,377 of restricted cash at december 31, 2021 and 2020, respectively | 95,027,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 117,878 and 113,959 at december 31, 2021 and 2020, respectively | 65,741,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 312,186 and 284,880 at december 31, 2021 and 2020, respectively | 212,707,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsecured credit facilities | 264,531,000 | 969,457,000 | 484,383,000 | 449,309,000 | 683,970,000 | 673,852,000 | 708,734,000 | 708,616,000 | 713,498,000 | 563,380,000 | 623,262,000 | 578,144,000 | 563,031,000 | 658,024,000 | 278,495,000 | 263,421,000 | 309,585,000 | 164,550,000 | 165,000,000 | 215,000,000 | 120,000,000 | 105,000,000 | 75,000,000 | 75,000,000 | 85,000,000 | 145,000,000 | 75,000,000 | 100,000,000 | 125,000,000 | 145,000,000 | 170,000,000 | 65,000,000 | 305,000,000 | 275,000,000 | 10,000,000 | 110,000,000 | 227,667,000 | 227,667,000 | 367,667,000 | 297,667,000 | 297,667,000 | 334,667,000 | 309,667,000 | ||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 172,293 and 145,966 at december 31, 2021 and 2020, respectively | 363,276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 56,844 and 34,878 at december 31, 2021 and 2020, respectively | 35,447,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 3,288 and 2,377 of restricted cash at september 30, 2021 and december 31, 2020, respectively | 362,685,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 116,737 and 113,959 at september 30, 2021 and december 31, 2020, respectively | 68,049,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 305,744 and 284,880 at september 30, 2021 and december 31, 2020, respectively | 173,926,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 166,590 and 145,966 at september 30, 2021 and december 31, 2020, respectively | 361,411,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 51,174 and 34,878 at september 30, 2021 and december 31, 2020, respectively | 35,612,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 2,580 and 2,377 of restricted cash at june 30, 2021 and december 31, 2020, respectively | 286,613,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 115,396 and 113,959 at june 30, 2021 and december 31, 2020, respectively | 66,604,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 298,377 and 284,880 at june 30, 2021 and december 31, 2020, respectively | 169,119,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 159,554 and 145,966 at june 30, 2021 and december 31, 2020, respectively | 361,959,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 48,696 and 34,878 at june 30, 2021 and december 31, 2020, respectively | 35,544,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 3,933 and 2,542 of restricted cash at june 30, 2020 and december 31, 2019, respectively | 587,358,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 112,589 and 108,381 at june 30, 2020 and december 31, 2019, respectively | 73,340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 276,169 and 259,310 at june 30, 2020 and december 31, 2019, respectively | 215,376,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 138,335 and 131,676 at june 30, 2020 and december 31, 2019, respectively | 400,533,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 35,108 and 47,092 at june 30, 2020 and december 31, 2019, respectively | 36,376,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, including 3,595 and 2,542 of restricted cash at march 31, 2020 and december 31, 2019, respectively | 736,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 110,158 and 108,381 at march 31, 2020 and december 31, 2019, respectively | 77,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 268,063 and 259,310 at march 31, 2020 and december 31, 2019, respectively | 228,819,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 144,682 and 131,676 at march 31, 2020 and december 31, 2019, respectively | 413,108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 29,401 and 47,092 at march 31, 2020 and december 31, 2019, respectively | 36,744,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, including 2,542 and 2,658 of restricted cash at december 31, 2019 and 2018, respectively | 115,562,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 108,381 and 101,093 at december 31, 2019 and 2018, respectively | 76,798,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 259,310 and 219,689 at december 31, 2019 and 2018, respectively | 242,822,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 131,676 and 92,746 at december 31, 2019 and 2018, respectively | 427,260,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 47,092 and 20,532 at december 31, 2019 and 2018, respectively | 36,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate investments | 9,418,276,000 | 9,221,776,000 | 9,269,377,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash | 47,461,000 | 37,364,000 | 42,784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 107,737 and 101,093 at september 30, 2019 and december 31, 2018, respectively | 79,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 247,639 and 219,689 at september 30, 2019 and december 31, 2018, respectively | 264,681,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 119,539 and 92,746 at september 30, 2019 and december 31, 2018, respectively | 449,498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 51,870 and 20,532 at september 30, 2019 and december 31, 2018, respectively | 36,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 104,972 and 101,093 at june 30, 2019 and december 31, 2018, respectively | 81,183,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 237,924 and 219,689 at june 30, 2019 and december 31, 2018, respectively | 262,553,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 106,286 and 92,746 at june 30, 2019 and december 31, 2018, respectively | 457,667,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 23,352 and 20,532 at june 30, 2019 and december 31, 2018, respectively | 10,528,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 102,141 and 101,093 at march 31, 2019 and december 31, 2018, respectively | 82,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 225,693 and 219,689 at march 31, 2019 and december 31, 2018, respectively | 280,613,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 99,163 and 92,746 at march 31, 2019 and december 31, 2018, respectively | 475,065,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 23,615 and 20,532 at march 31, 2019 and december 31, 2018, respectively | 10,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 42,532,000 | 40,365,000 | 37,151,000 | 87,904,000 | 45,370,000 | 23,543,000 | 97,266,000 | 36,855,000 | 13,256,000 | 40,902,000 | 24,939,000 | 27,137,000 | 36,856,000 | 23,880,000 | 27,114,000 | 36,489,000 | 113,776,000 | 100,708,000 | 36,736,000 | 35,159,000 | 80,684,000 | 62,702,000 | 59,143,000 | 22,402,000 | 22,349,000 | 21,350,000 | 23,030,000 | 27,115,000 | 11,402,000 | 21,195,000 | 18,408,000 | 65,764,000 | 22,460,000 | 38,838,000 | 106,433,000 | 119,538,000 | 99,477,000 | 173,798,000 | 126,792,000 | 24,669,000 | 21,533,000 | 25,777,000 | 41,604,000 | 29,212,000 | 18,668,000 | 33,571,000 | 55,095,000 | 29,164,000 | 34,046,000 | 38,360,000 | 36,594,000 | 88,056,000 | 42,458,000 | 31,232,000 | |||||||||||||||||||||||||||||
restricted cash | 2,658,000 | 4,121,000 | 6,089,000 | 5,732,000 | 4,011,000 | 7,098,000 | 7,435,000 | 7,987,000 | 4,623,000 | 4,005,000 | 3,505,000 | 3,893,000 | 3,767,000 | 5,142,000 | 6,726,000 | 6,590,000 | 8,013,000 | 9,339,000 | 8,912,000 | 9,192,000 | 9,520,000 | 5,288,000 | 5,354,000 | 6,090,000 | 6,472,000 | 6,133,000 | 6,075,000 | 6,406,000 | 6,050,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 101,093 and 93,291 at december 31, 2018 and 2017, respectively | 84,983,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 219,689 and 148,280 at december 31, 2018 and 2017, respectively | 387,069,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 92,746 and 56,550 at december 31, 2018 and 2017, respectively | 496,726,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 20,532 and 24,206 at december 31, 2018 and 2017, respectively | 10,666,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate investments at cost: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land, building and improvements | 10,854,283,000 | 10,752,552,000 | 10,768,379,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties in development | 36,707,000 | 164,001,000 | 179,123,000 | 314,391,000 | 433,707,000 | 373,962,000 | 292,480,000 | 180,878,000 | 157,537,000 | 137,562,000 | 182,598,000 | 217,036,000 | 187,240,000 | 216,408,000 | 247,503,000 | 239,538,000 | 273,710,000 | 225,793,000 | 212,783,000 | 186,450,000 | 305,249,000 | 246,990,000 | 208,432,000 | 192,067,000 | 220,753,000 | 249,509,000 | 250,342,000 | 224,077,000 | 521,945,000 | 499,584,000 | 614,612,000 | 610,932,000 | 687,428,000 | 714,701,000 | 816,328,000 | 920,427,000 | 963,467,000 | 1,051,514,000 | 1,077,984,000 | 1,078,885,000 | 1,075,796,000 | 1,008,235,000 | 928,083,000 | 905,929,000 | 895,554,000 | 929,425,000 | 747,163,000 | 615,450,000 | 682,646,000 | 562,489,000 | 487,717,000 | 413,677,000 | 410,764,000 | ||||||||||||||||||||||||||||||
tenant and other receivables, net of uncollectible reserves of 14,332 and 12,728 at september 30, 2018 and december 31, 2017, respectively | 160,709,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 98,829 and 93,291 at september 30, 2018 and december 31, 2017, respectively | 85,292,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 206,378 and 148,280 at september 30, 2018 and december 31, 2017, respectively | 412,653,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 84,435 and 56,550 at september 30, 2018 and december 31, 2017, respectively | 507,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 7,756,215,000 | 7,751,375,000 | 7,746,427,000 | 7,779,103,000 | 7,772,791,000 | 7,768,794,000 | 3,294,923,000 | 3,291,602,000 | 2,888,583,000 | 2,748,904,000 | 2,742,508,000 | 2,542,791,000 | 2,539,008,000 | 2,536,471,000 | 2,540,153,000 | 2,484,460,000 | 2,431,928,000 | 2,428,166,000 | 2,426,477,000 | 2,422,466,000 | 2,416,632,000 | 2,365,607,000 | 2,312,310,000 | 2,308,681,000 | 2,284,464,000 | 2,280,781,000 | 2,281,817,000 | 2,278,753,000 | 2,259,745,000 | 2,256,674,000 | 2,038,006,000 | 2,035,372,000 | 2,033,313,000 | 2,024,244,000 | 2,022,670,000 | 2,094,850,000 | 2,092,351,000 | 1,779,039,000 | 1,778,265,000 | 1,781,487,000 | 1,775,722,000 | 1,769,327,000 | 1,766,280,000 | 1,758,700,000 | 1,750,132,000 | 1,742,188,000 | 1,744,201,000 | 1,736,042,000 | 1,726,383,000 | 1,715,120,000 | 1,713,620,000 | 1,708,138,000 | |||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 22,628 and 24,206 at september 30, 2018 and december 31, 2017, respectively | 10,726,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of 14,790 and 12,728 at june 30, 2018 and december 31, 2017, respectively | 155,540,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 97,107 and 93,291 at june 30, 2018 and december 31, 2017, respectively | 83,686,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 188,246 and 148,280 at june 30, 2018 and december 31, 2017, respectively | 432,951,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 75,179 and 56,550 at june 30, 2018 and december 31, 2017, respectively | 517,018,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 21,722 and 24,206 at june 30, 2018 and december 31, 2017, respectively | 10,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of 13,945 and 12,728 at march 31, 2018 and december 31, 2017, respectively | 159,587,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 96,192 and 93,291 at march 31, 2018 and december 31, 2017, respectively | 83,638,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 171,114 and 148,280 at march 31, 2018 and december 31, 2017, respectively | 455,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 68,123 and 56,550 at march 31, 2018 and december 31, 2017, respectively | 527,264,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 20,637 and 24,206 at march 31, 2018 and december 31, 2017, respectively | 10,847,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate investments at cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 4,667,744,000 | 4,578,145,000 | 4,690,171,000 | 4,760,963,000 | 1,660,424,000 | 1,435,619,000 | 1,432,468,000 | 1,431,612,000 | 1,405,931,000 | 1,386,126,000 | 1,380,211,000 | 1,323,452,000 | 1,318,518,000 | 1,315,900,000 | 1,249,779,000 | 1,175,815,000 | 1,193,500,000 | 1,228,920,000 | 1,215,659,000 | 1,212,308,000 | 1,276,966,000 | 1,264,492,000 | 1,273,606,000 | 1,167,152,000 | 1,168,160,000 | 1,094,816,000 | 1,093,700,000 | 1,071,961,000 | 1,058,214,000 | 1,021,059,000 | 975,861,000 | 994,637,000 | 1,001,137,000 | 974,244,000 | 923,062,000 | 939,851,000 | 995,976,000 | 986,700,000 | 968,859,000 | 942,792,000 | 876,241,000 | 843,384,000 | 862,851,000 | 829,285,000 | 858,210,000 | 853,078,000 | 853,275,000 | 827,058,000 | |||||||||||||||||||||||||||||||||||
buildings and improvements | 5,910,686,000 | 5,834,405,000 | 5,779,172,000 | 5,908,653,000 | 3,092,197,000 | 3,086,287,000 | 3,044,793,000 | 2,904,538,000 | 2,896,396,000 | 2,880,141,000 | 2,817,680,000 | 2,793,939,000 | 2,790,137,000 | 2,703,109,000 | 2,711,144,000 | 2,683,333,000 | 2,590,302,000 | 2,479,326,000 | 2,502,979,000 | 2,515,644,000 | 2,502,186,000 | 2,398,114,000 | 2,614,724,000 | 2,608,756,000 | 2,604,229,000 | 2,462,234,000 | 2,408,966,000 | 2,291,514,000 | 2,284,522,000 | 2,199,756,000 | 2,160,802,000 | 2,082,026,000 | 2,017,843,000 | 2,110,795,000 | 2,099,905,000 | 2,038,474,000 | 1,974,093,000 | 2,023,322,000 | 2,114,443,000 | 2,130,320,000 | 2,090,497,000 | 2,048,713,000 | 1,949,142,000 | 1,923,384,000 | 1,963,634,000 | 1,953,135,000 | 1,981,437,000 | 1,934,326,000 | 1,926,297,000 | 1,921,703,000 | |||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 93,291 and 83,529 at december 31, 2017 and 2016, respectively | 80,044,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 148,280 and 56,695 at december 31, 2017 and 2016, respectively | 478,826,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 56,550 and 23,538 at december 31, 2017 and 2016, respectively | 537,401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenants’ security and escrow deposits and prepaid rent | 46,013,000 | 28,868,000 | 29,427,000 | 27,161,000 | 27,045,000 | 25,991,000 | 24,888,000 | 23,540,000 | 25,847,000 | 23,911,000 | 22,454,000 | 14,229,000 | 14,618,000 | 18,146,000 | 14,053,000 | 20,929,000 | 19,757,000 | 20,416,000 | 19,240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share... | 75,000,000 | 75,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 325,000,000 | 275,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 24,206 and 10,630 at december 31, 2017 and 2016, respectively | 10,907,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of 12,279 and 9,021 at september 30, 2017 and december 31, 2016, respectively | 143,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 91,213 and 83,529 at september 30, 2017 and december 31, 2016, respectively | 71,826,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 123,662 and 56,695 at september 30, 2017 and december 31, 2016, respectively | 508,868,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 49,968 and 23,538 at september 30, 2017 and december 31, 2016, respectively | 637,217,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 21,708 and 10,630 at september 30, 2017 and december 31, 2016, respectively | 10,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of 10,898 and 9,021 at june 30, 2017 and december 31, 2016, respectively | 125,372,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 88,612 and 83,529 at june 30, 2017 and december 31, 2016, respectively | 70,653,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 98,447 and 56,695 at june 30, 2017 and december 31, 2016, respectively | 540,119,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities held in trust | 29,839,000 | 29,025,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 39,696 and 23,538 at june 30, 2017 and december 31, 2016, respectively | 653,695,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 21,918 and 10,630 at june 30, 2017 and december 31, 2016, respectively | 10,955,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant and other receivables, net of allowance for doubtful accounts and straight-line rent reserves of 9,577 and 9,021 at march 31, 2017 and december 31, 2016, respectively | 119,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 85,971 and 83,529 at march 31, 2017 and december 31, 2016, respectively | 68,299,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 69,324 and 56,695 at march 31, 2017 and december 31, 2016, respectively | 606,707,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 28,689 and 23,538 at march 31, 2017 and december 31, 2016, respectively | 680,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 10,235 and 10,630 at march 31, 2017 and december 31, 2016, respectively | -2,063,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets - sum | 4,933,499,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 83,529 and 76,823 at december 31, 2016 and 2015, respectively | 69,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 56,695 and 45,639 at december 31, 2016 and 2015, respectively | 118,831,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities held in trust, at fair value | 28,588,000 | 29,280,000 | 29,939,000 | 29,615,000 | 29,093,000 | 28,291,000 | 29,530,000 | 29,595,000 | 28,134,000 | 27,365,000 | 27,604,000 | 26,976,000 | 26,681,000 | 25,421,000 | 24,457,000 | 24,495,000 | 23,429,000 | 23,208,000 | 22,455,000 | 23,411,000 | 21,713,000 | 20,683,000 | 23,285,000 | 21,661,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated amortization of 23,538 and 17,555 at december 31, 2016 and 2015, respectively | 54,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 10,630 and 10,502 at december 31, 2016 and 2015, respectively | -1,967,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land, including amounts held for future development | 1,654,389,000 | 1,639,958,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 24,816,000 | 27,765,000 | 25,702,000 | 32,292,000 | 24,642,000 | 25,506,000 | 27,293,000 | 30,999,000 | 25,719,000 | 33,510,000 | 32,781,000 | 26,319,000 | 23,379,000 | 21,824,000 | 24,589,000 | 26,601,000 | 28,220,000 | 37,681,000 | 42,338,000 | 37,733,000 | 29,243,000 | 27,301,000 | 26,597,000 | 36,600,000 | 37,012,000 | 31,878,000 | 31,232,000 | 40,871,000 | 35,931,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 3,688 and 1,365 at september 30, 2016 and december 31, 2015, respectively | 67,931,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable | 10,480,000 | 10,480,000 | 10,487,000 | 10,480,000 | 11,314,000 | 12,281,000 | 12,169,000 | 12,132,000 | 12,132,000 | 11,917,000 | 11,938,000 | 11,960,000 | 26,128,000 | 18,502,000 | 19,727,000 | 23,751,000 | 23,777,000 | 23,865,000 | 23,883,000 | 35,784,000 | 35,931,000 | 35,931,000 | 35,931,000 | 35,931,000 | 36,814,000 | 36,814,000 | 36,814,000 | 37,753,000 | 26,341,000 | 27,988,000 | 36,928,000 | 31,438,000 | 55,264,000 | 20,298,000 | 32,413,000 | 44,543,000 | 20,337,000 | 19,961,000 | 19,979,000 | 19,988,000 | 21,916,000 | 41,156,000 | 34,284,000 | 46,473,000 | 21,895,000 | ||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 82,277 and 76,823 at september 30, 2016 and december 31, 2015, respectively | 68,455,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 53,878 and 45,639 at september 30, 2016 and december 31, 2015, respectively | 122,738,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 22,067 and 17,555 at september 30, 2016 and december 31, 2015, respectively | 56,455,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 11,947 and 10,502 at september 30, 2016 and december 31, 2015, respectively | -2,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 2,961 and 1,365 at june 30, 2016 and december 31, 2015, respectively | 66,291,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 80,816 and 76,823 at june 30, 2016 and december 31, 2015, respectively | 68,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 50,553 and 45,639 at june 30, 2016 and december 31, 2015, respectively | 124,325,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 20,240 and 17,555 at june 30, 2016 and december 31, 2015, respectively | 57,776,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 12,909 and 10,502 at june 30, 2016 and december 31, 2015, respectively | -2,013,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,421 and 1,365 at march 31, 2016 and december 31, 2015, respectively | 65,067,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred leasing costs, less accumulated amortization of 78,852 and 76,823 at march 31, 2016 and december 31, 2015, respectively | 69,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 47,470 and 45,639 at march 31, 2016 and december 31, 2015, respectively | 112,513,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 18,603 and 17,555 at march 31, 2016 and december 31, 2015, respectively | 43,751,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 11,540 and 10,502 at march 31, 2016 and december 31, 2015, respectively | -1,989,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,365 and 652 at december 31, 2015 and 2014, respectively | 63,392,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 88,694 and 81,822 at december 31, 2015 and 2014, respectively | 79,619,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 45,639 and 36,112 at december 31, 2015 and 2014, respectively | 105,380,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 17,555 and 13,993 at december 31, 2015 and 2014, respectively | 42,034,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 10,502 and 9,833 at december 31, 2015 and 2014, respectively | -1,975,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,176 and 652 at september 30, 2015 and december 31, 2014, respectively | 61,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 85,591 and 81,822 at september 30, 2015 and december 31, 2014, respectively | 77,599,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 43,350 and 36,112 at september 30, 2015 and december 31, 2014, respectively | 108,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 16,689 and 13,993 at september 30, 2015 and december 31, 2014, respectively | 43,161,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 9,582 and 9,833 at september 30, 2015 and december 31, 2014, respectively | -1,940,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating properties held for sale | 29,017,000 | 18,219,000 | 12,203,000 | 10,607,000 | 15,961,000 | 8,483,000 | 19,647,000 | 18,441,000 | 37,329,000 | 56,913,000 | 66,447,000 | 33,538,000 | 26,164,000 | 7,904,000 | 19,623,000 | 74,695,000 | 25,608,000 | 27,366,000 | 17,424,000 | 36,567,000 | 31,210,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 767 and 652 at june 30, 2015 and december 31, 2014, respectively | 59,168,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 82,561 and 81,822 at june 30, 2015 and december 31, 2014, respectively | 74,978,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 41,058 and 36,112 at june 30, 2015 and december 31, 2014, respectively | 46,737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 15,718 and 13,993 at june 30, 2015 and december 31, 2014, respectively | 30,125,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 9,093 and 9,833 at june 30, 2015 and december 31, 2014, respectively | -1,940,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 685 and 652 at march 31, 2015 and december 31, 2014, respectively | 57,554,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 84,728 and 81,822 at march 31, 2015 and december 31, 2014, respectively | 70,018,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 38,670 and 36,112 at march 31, 2015 and december 31, 2014, respectively | 49,363,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 14,930 and 13,993 at march 31, 2015 and december 31, 2014, respectively | 31,087,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 10,490 and 9,833 at march 31, 2015 and december 31, 2014, respectively | -1,959,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 652 and 547 at december 31, 2014 and 2013, respectively | 55,768,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 81,822 and 73,231 at december 31, 2014 and 2013, respectively | 71,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 36,112 and 25,591 at december 31, 2014 and 2013, respectively | 52,365,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 13,993 and 10,102 at december 31, 2014 and 2013, respectively | 32,143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 9,833 and 7,676 at december 31, 2014 and 2013, respectively | -1,914,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 509 and 547 at september 30, 2014 and december 31, 2013, respectively | 54,947,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 79,504 and 73,231 at september 30, 2014 and december 31, 2013, respectively | 72,559,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 35,505 and 25,591 at september 30, 2014 and december 31, 2013, respectively | 52,240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 13,013 and 10,102 at september 30, 2014 and december 31, 2013, respectively | 31,831,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,299 and 7,676 at september 30, 2014 and december 31, 2013, respectively | -1,935,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 716 and 547 at june 30, 2014 and december 31, 2013, respectively | 53,673,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 76,838 and 73,231 at june 30, 2014 and december 31, 2013, respectively | 73,659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 30,930 and 25,591 at june 30, 2014 and december 31, 2013, respectively | 53,543,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 12,130 and 10,102 at june 30, 2014 and december 31, 2013, respectively | 29,703,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,872 and 7,676 at june 30, 2014 and december 31, 2013, respectively | -1,817,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 528 and 547 at march 31, 2014 and december 31, 2013, respectively | 52,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 75,413 and 73,231 at march 31, 2014 and december 31, 2013, respectively | 70,543,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 27,842 and 25,591 at march 31, 2014 and december 31, 2013, respectively | 57,028,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 11,158 and 10,102 at march 31, 2014 and december 31, 2013, respectively | 31,128,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,136 and 7,676 at march 31, 2014 and december 31, 2013, respectively | -1,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 547 and 870 at december 31, 2013 and 2012, respectively | 50,612,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 73,231 and 69,224 at december 31, 2013 and 2012, respectively | 69,963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 25,591 and 19,148 at december 31, 2013 and 2012, respectively | 44,805,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 10,102 and 6,636 at december 31, 2013 and 2012, respectively | 26,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 7,676 and 8,348 at december 31, 2013 and 2012, respectively | -1,426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 451 and 870 at september 30, 2013 and december 31, 2012, respectively | 50,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 72,808 and 69,224 at september 30, 2013 and december 31, 2012, respectively | 69,553,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 23,750 and 19,148 at september 30, 2013 and december 31, 2012, respectively | 39,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 9,123 and 6,636 at september 30, 2013 and december 31, 2012, respectively | 25,480,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,016 and 8,348 at september 30, 2013 and december 31, 2012, respectively | -1,462,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 566 and 870 at june 30, 2013 and december 31, 2012, respectively | 50,258,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 72,758 and 69,224 at june 30, 2013 and december 31, 2012, respectively | 68,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 21,860 and 19,148 at june 30, 2013 and december 31, 2012, respectively | 41,331,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 8,245 and 6,636 at june 30, 2013 and december 31, 2012, respectively | 26,337,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 9,002 and 8,348 at june 30, 2013 and december 31, 2012, respectively | -1,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 568 and 870 at march 31, 2013 and december 31, 2012, respectively | 51,403,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 71,640 and 69,224 at march 31, 2013 and december 31, 2012, respectively | 68,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 21,104 and 19,148 at march 31, 2013 and december 31, 2012, respectively | 40,391,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 7,393 and 6,636 at march 31, 2013 and december 31, 2012, respectively | 19,510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 9,374 and 8,348 at march 31, 2013 and december 31, 2012, respectively | -1,193,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 870 and 2,075 at december 31, 2012 and 2011, respectively | 49,990,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 69,224 and 71,265 at december 31, 2012 and 2011, respectively | 69,506,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 19,148 and 15,588 at december 31, 2012 and 2011, respectively | 42,459,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 6,636 and 4,750 at december 31, 2012 and 2011, respectively | 20,325,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,348 and 6,665 at december 31, 2012 and 2011, respectively | -1,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 870 and 2,075 at september 30, 2012 and december 31, 2011, respectively | 48,677,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 66,477 and 71,265 at september 30, 2012 and december 31, 2011, respectively | 68,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 17,482 and 15,588 at september 30, 2012 and december 31, 2011, respectively | 35,581,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative instruments, at fair value | 86,000 | 73,000 | 59,000 | 37,000 | 28,279,000 | 34,279,000 | 28,363,000 | 39,036,000 | 27,577,000 | 61,481,000 | 83,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 5,947 and 4,750 at september 30, 2012 and december 31, 2011, respectively | 18,506,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,633 and 6,665 at september 30, 2012 and december 31, 2011, respectively | -1,079,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,648 and 2,075 at june 30, 2012 and december 31, 2011, respectively | 50,934,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 73,609 and 71,265 at june 30, 2012 and december 31, 2011, respectively | 71,597,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 17,339 and 15,588 at june 30, 2012 and december 31, 2011, respectively | 26,835,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 5,452 and 4,750 at june 30, 2012 and december 31, 2011, respectively | 11,971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 8,428 and 6,665 at june 30, 2012 and december 31, 2011, respectively | -1,041,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,871 and 2,075 at march 31, 2012 and december 31, 2011, respectively | 49,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 71,385 and 71,265 at march 31, 2012 and december 31, 2011, respectively | 71,094,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 16,705 and 15,588 at march 31, 2012 and december 31, 2011, respectively | 25,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 5,143 and 4,750 at march 31, 2012 and december 31, 2011, respectively | 12,269,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 7,880 and 6,665 at march 31, 2012 and december 31, 2011, respectively | -990,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 2,075 and 1,396 at december 31, 2011 and 2010, respectively | 48,132,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 71,265 and 69,158 at december 31, 2011 and 2010, respectively | 70,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 15,588 and 13,996 at december 31, 2011 and 2010, respectively | 27,054,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsecured line of credit | 40,000,000 | 85,000,000 | 30,000,000 | 208,000,000 | 110,000,000 | 30,000,000 | 236,000,000 | 121,000,000 | 158,000,000 | 103,000,000 | 108,000,000 | 162,000,000 | 125,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 4,750 and 11,010 at december 31, 2011 and 2010, respectively | 12,662,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at december 31, 2011 and 2010 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 6,665 and 7,483 at december 31, 2011 and 2010, respectively | -963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of allowance of 2,087 and 1,396 at september 30, 2011 and december 31, 2010, respectively | 48,327,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 68,656 and 69,158 at september 30, 2011 and december 31, 2010, respectively | 70,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 14,562 and 13,996 at september 30, 2011 and december 31, 2010, respectively | 26,855,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 4,399 and 11,010 at september 30, 2011 and december 31, 2010, respectively | 13,694,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value per share... | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | 275,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock .01 par value per share... | 899,000 | 899,000 | 899,000 | 819,000 | 819,000 | 819,000 | 816,000 | 815,000 | 860,000 | 857,000 | 756,000 | 756,000 | 756,000 | 756,000 | 755,000 | 752,000 | 751,000 | 750,000 | 747,000 | 744,000 | 743,000 | 741,000 | 738,000 | 733,000 | 732,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at september 30, 2011 and december 31, 2010 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 6,259 and 7,483 at september 30, 2011 and december 31, 2010, respectively | -917,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of allowance of 1,598 and 1,396 at june 30, 2011 and december 31, 2010, respectively | 47,768,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 68,172 and 69,158 at june 30, 2011 and december 31, 2010, respectively | 62,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 13,707 and 13,996 at june 30, 2011 and december 31, 2010, respectively | 18,320,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 4,434 and 11,010 at june 30, 2011 and december 31, 2010, respectively | 8,682,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenants’ security and escrow deposits | 11,152,000 | 10,876,000 | 10,790,000 | 10,604,000 | 10,565,000 | 10,623,000 | 10,628,000 | 10,823,000 | 11,097,000 | 11,324,000 | 11,571,000 | 11,869,000 | 11,927,000 | 11,436,000 | 10,898,000 | 10,643,000 | 10,561,000 | 10,517,000 | 10,839,000 | 10,684,000 | 10,206,000 | 10,276,000 | 10,116,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at june 30, 2011 and december 31, 2010 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 7,790 and 7,483 at june 30, 2011 and december 31, 2010, respectively | -862,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of allowance of 1,553 and 1,396 at march 31, 2011 and december 31, 2010, respectively | 46,815,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 65,362 and 69,158 at march 31, 2011 and december 31, 2010, respectively | 62,635,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 15,057 and 13,996 at march 31, 2011 and december 31, 2010, respectively | 17,401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 11,288 and 11,010 at march 31, 2011 and december 31, 2010, respectively | 6,404,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at march 31, 2011 and december 31, 2010 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 7,703 and 7,483 at march 31, 2011 and december 31, 2010, respectively | -826,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,396 and 1,899 at december 31, 2010 and 2009, respectively | 45,241,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 69,158 and 58,861 at december 31, 2010 and 2009, respectively | 63,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 13,996 and 11,632 at december 31, 2010 and 2009, respectively | 18,219,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 11,010 and 9,715 at december 31, 2010 and 2009, respectively | 6,682,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at december 31, 2010 and 2009 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 7,483 and 16,415 at december 31, 2010 and 2009, respectively | -762,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of allowance of 1,896 and 1,899 at september 30, 2010 and december 31, 2009 | 43,619,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 66,096 and 58,861 at september 30, 2010 and december 31, 2009, respectively | 58,243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 13,320 and 11,632 at september 30, 2010 and december 31, 2009, respectively | 9,722,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 10,755 and 9,715 at september 30, 2010 and december 31, 2009, respectively | 5,403,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at september 30, 2010 and december 31, 2009 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 7,466 and 16,415 at september 30, 2010 and december 31, 2009, respectively | -285,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,896 and 1,899 at june 30, 2010 and december 31, 2009 | 41,440,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 64,438 and 58,861 at june 30, 2010 and december 31, 2009, respectively | 58,115,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 12,749 and 11,632 at june 30, 2010 and december 31, 2009, respectively | 8,784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 10,537 and 9,715 at june 30, 2010 and december 31, 2009, respectively | 5,059,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at june 30, 2010 and december 31, 2009 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 6,507 and 16,415 at june 30, 2010 and december 31, 2009, respectively | -215,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight-line rent receivable, net of reserve of 1,899 at march 31, 2010 and december 31, 2009 | 40,078,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 61,290 and 58,861 at march 31, 2010 and december 31, 2009, respectively | 57,985,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 12,173 and 11,632 at march 31, 2010 and december 31, 2009, respectively | 9,361,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 10,166 and 9,715 at march 31, 2010 and december 31, 2009, respectively | 5,430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at march 31, 2010 and december 31, 2009 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 16,636 and 16,415 at march 31, 2010 and december 31, 2009, respectively | 6,532,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight line rent receivable, net of reserve of 1,899 at december 31, 2009 | 39,292,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 19,700,000 | 19,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 58,861 and 51,549 at december 31, 2009 and 2008, respectively | 58,376,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 11,632 and 11,204 at december 31, 2009 and 2008, respectively | 10,007,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 9,715 and 8,829 at december 31, 2009 and 2008, respectively | 5,896,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d preferred units, aggregate redemption value of 50,000 at december 31, 2009 and 2008 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 16,415 and 21,865 at december 31, 2009 and 2008, respectively | 7,321,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partners’ interest in consolidated partnerships | 11,748,000 | 11,804,000 | 9,051,000 | 8,075,000 | 7,980,000 | 8,221,000 | 8,124,000 | 18,392,000 | 14,544,000 | 14,764,000 | 14,613,000 | 17,797,000 | 17,834,000 | 16,419,000 | 11,978,000 | 11,088,000 | 1,454,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
straight line rent receivable, net of reserve of 1,683 at september 30, 2009 | 39,518,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 57,722 and 51,549 at september 30, 2009 and december 31, 2008, respectively | 56,803,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 11,635 and 11,204 at september 30, 2009 and december 31, 2008, respectively | 10,661,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 9,242 and 8,829 at september 30, 2009 and december 31, 2008, respectively | 6,369,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred units, aggregate redemption value of 50,000 at september 30, 2009 and december 31, 2008 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 17,347 and 21,865 at september 30, 2009 and december 31, 2008, respectively | 7,558,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for doubtful accounts of 5,461 and 1,593 at june 30, 2009 and december 31, 2008, respectively | 69,076,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 55,115 and 51,549 at june 30, 2009 and december 31, 2008, respectively | 56,201,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 11,136 and 11,204 at june 30, 2009 and december 31, 2008, respectively | 11,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 8,807 and 8,829 at june 30, 2009 and december 31, 2008, respectively | 6,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred units, aggregate redemption value of 50,000 at june 30, 2009 and december 31, 2008 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 16,345 and 21,865 at june 30, 2009 and december 31, 2008, respectively | 8,298,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 1,627 and 1,593 at march 31, 2009 and december 31, 2008, respectively | 76,529,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 54,424 and 51,549 at march 31, 2009 and december 31, 2008, respectively | 55,419,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 10,515 and 11,204 at march 31, 2009 and december 31, 2008, respectively | 12,111,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 8,523 and 8,829 at march 31, 2009 and december 31, 2008, respectively | 7,358,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred units, aggregate redemption value of 50,000 at march 31, 2009 and december 31, 2008 | 49,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 12,440 and 21,865 at march 31, 2009 and december 31, 2008, respectively | 8,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 1,593 and 2,482 at december 31, 2008 and 2007, respectively | 84,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 51,549 and 43,470 at december 31, 2008 and 2007, respectively | 57,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 11,204 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 7,362 at december 31, 2008 and 2007, respectively | 12,903,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, minority interests, and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 8,829 and 6,371 at december 31, 2008 and 2007, respectively | 7,865,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred units | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | 49,158,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 21,865 and 30,543 at december 31, 2008 and 2007, respectively | 9,059,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests | 66,197,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, minority interests, and stockholders’ equity | 4,142,375,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 1,692 and 2,482 at september 30, 2008 and december 31, 2007, respectively | 73,936,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 49,165 and 43,470 at september 30, 2008 and december 31, 2007, respectively | 58,289,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 10,891 and 7,362 at september 30, 2008 and december 31, 2007, respectively | 13,698,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 8,319 and 6,371 at september 30, 2008 and december 31, 2007, respectively | 8,407,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 31,225 and 30,543 at september 30, 2008 and december 31, 2007, respectively | 10,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interest | 67,843,000 | 67,737,000 | 78,023,000 | 78,382,000 | 74,676,000 | 77,970,000 | 79,045,000 | 83,896,000 | 84,270,000 | 86,203,000 | 86,879,000 | 88,165,000 | 78,592,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 2,077 and 2,482 at june 30, 2008 and december 31, 2007, respectively | 71,663,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 48,614 and 43,470 at june 30, 2008 and december 31, 2007, respectively | 58,062,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 9,594 and 7,362 at june 30, 2008 and december 31, 2007, respectively | 14,995,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 7,760 and 6,371 at june 30, 2008 and december 31, 2007, respectively | 8,965,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 27,681 and 30,543 at june 30, 2008 and december 31, 2007, respectively | 10,455,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 2,547 and 2,482 at march 31, 2008 and december 31, 2007, respectively | 67,461,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 46,265 and 43,470 at march 31, 2008 and december 31, 2007, respectively | 56,675,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 8,373 and 7,362 at march 31, 2008 and december 31, 2007, respectively | 16,217,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 6,949 and 6,371 at march 31, 2008 and december 31, 2007, respectively | 9,776,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenants' security and escrow deposits | 11,776,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 30,321 and 30,543 at march 31, 2008 and december 31, 2007, respectively | 10,531,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partners' interest in consolidated partnerships | 18,334,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 2,482 and 3,532 at december 31, 2007 and 2006, respectively | 75,441,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 43,470 and 36,227 at december 31, 2007 and 2006, respectively | 52,784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 14,914 and 10,511 at december 31, 2007 and 2006, respectively | 17,228,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities, less accumulated accretion of 6,371 and 4,331 at december 31, 2007 and 2006, respectively | 10,354,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units, aggregate redemption value of 30,543 at december 31, 2007 | 10,832,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum rent | 320,323,000 | 81,033,000 | 77,960,000 | 77,456,000 | 295,391,000 | 75,783,000 | 75,850,000 | 74,214,000 | 283,626,000 | 73,181,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
percentage rent | 4,661,000 | 889,000 | 342,000 | 735,000 | 4,428,000 | 1,002,000 | 527,000 | 437,000 | 4,353,000 | 855,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoveries from tenants | 93,460,000 | 24,269,000 | 22,962,000 | 22,143,000 | 86,134,000 | 22,942,000 | 20,645,000 | 21,403,000 | 80,948,000 | 20,217,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management, acquisition and other fees | 33,064,000 | 10,789,000 | 7,496,000 | 6,381,000 | 31,805,000 | 5,327,000 | 12,141,000 | 7,260,000 | 28,019,000 | 3,326,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 451,508,000 | 116,980,000 | 108,760,000 | 106,715,000 | 420,338,000 | 105,632,000 | 108,825,000 | 104,069,000 | 394,038,000 | 93,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 93,257,000 | 24,364,000 | 21,988,000 | 21,518,000 | 84,694,000 | 21,989,000 | 21,667,000 | 21,147,000 | 80,653,000 | 20,438,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating and maintenance | 56,930,000 | 13,855,000 | 13,363,000 | 13,106,000 | 51,580,000 | 13,022,000 | 12,641,000 | 12,242,000 | 51,709,000 | 13,334,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 50,580,000 | 12,159,000 | 12,907,000 | 12,297,000 | 45,495,000 | 10,765,000 | 10,830,000 | 10,803,000 | 37,815,000 | 9,148,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate taxes | 45,916,000 | 11,608,000 | 11,546,000 | 11,374,000 | 42,825,000 | 10,653,000 | 11,376,000 | 10,853,000 | 40,582,000 | 10,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 10,081,000 | 1,625,000 | 1,261,000 | 460,000 | 15,927,000 | -825,000 | 1,733,000 | 3,658,000 | 2,758,000 | 204,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 256,764,000 | 63,611,000 | 61,065,000 | 58,755,000 | 240,521,000 | 55,604,000 | 58,247,000 | 58,703,000 | 213,517,000 | 53,308,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 3,079, 4,232 and 2,361 in 2007, 2006 and 2005, respectively | 82,494,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties and properties in development | -52,215,000 | -5,492,000 | -3,449,000 | -25,645,000 | -65,600,000 | -15,414,000 | -9,593,000 | -15,680,000 | -18,970,000 | -3,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 30,279,000 | 15,023,000 | 16,862,000 | -6,256,000 | 14,090,000 | 4,707,000 | 10,524,000 | 3,784,000 | 69,004,000 | 19,206,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests and equity in income of investments in real estate partnerships | 164,465,000 | 38,346,000 | 30,833,000 | 54,216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest of preferred units | -3,725,000 | -931,000 | -931,000 | -931,000 | -3,725,000 | -931,000 | -931,000 | -931,000 | -8,105,000 | -2,949,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest of exchangeable operating partnership units | -1,424,000 | -276,000 | -265,000 | -540,000 | -1,994,000 | -459,000 | -457,000 | -658,000 | -2,083,000 | -333,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest of limited partners | -990,000 | -241,000 | -238,000 | -278,000 | -4,863,000 | -16,000 | -4,264,000 | -511,000 | -263,000 | -45,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in income of investments in real estate partnerships | 18,093,000 | 1,677,000 | 780,000 | 3,788,000 | 2,580,000 | 578,000 | -338,000 | 755,000 | -2,908,000 | -3,953,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 176,419,000 | 38,575,000 | 30,179,000 | 56,255,000 | 155,145,000 | 43,915,000 | 34,402,000 | 39,482,000 | 101,066,000 | 17,785,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 390 | 50 | 280 | 10 | 930 | 10 | 40 | 460 | 960 | 220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income from discontinued operations | 1,947,000 | 184,000 | 396,000 | 733,000 | 4,999,000 | 369,000 | -450,000 | 952,000 | 8,341,000 | 712,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 27,232,000 | 3,324,000 | 19,105,000 | 733,000 | 63,366,000 | 396,000 | 2,645,000 | 31,293,000 | 61,581,000 | 14,278,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 203,651,000 | 41,899,000 | 49,284,000 | 56,988,000 | 218,511,000 | 44,311,000 | 37,047,000 | 70,775,000 | 162,647,000 | 32,063,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | -19,675,000 | -4,919,000 | -4,919,000 | -4,919,000 | -19,675,000 | -4,919,000 | -4,919,000 | -4,919,000 | -16,744,000 | -4,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income for common stockholders | 183,976,000 | 36,980,000 | 44,365,000 | 52,069,000 | 198,836,000 | 39,392,000 | 32,128,000 | 65,856,000 | 145,903,000 | 27,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share—basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 2,260 | 480 | 360 | 740 | 1,980 | 560 | 430 | 510 | 1,290 | 200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income for common stockholders per share | 2,650 | 530 | 640 | 750 | 2,910 | 570 | 470 | 970 | 2,250 | 420 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share—diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,117 and 3,961 at september 30, 2007 and december 31, 2006, respectively | 65,634,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 41,433 and 36,227 at september 30, 2007 and december 31, 2006, respectively | 51,533,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 13,677 and 10,511 at september 30, 2007 and december 31, 2006, respectively | 18,466,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible liabilities | 10,977,000 | 9,097,000 | 7,344,000 | 7,729,000 | 8,156,000 | 8,558,000 | 3,969,000 | 4,207,000 | 4,446,000 | 61,002,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable operating partnership units | 10,974,000 | 14,048,000 | 15,274,000 | 16,941,000 | 17,278,000 | 20,626,000 | 25,743,000 | 27,919,000 | 27,980,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 840 and 819 in 2007 and 2006, respectively | 20,515,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share – basic: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share – diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,387 and 3,961 at june 30, 2007 and december 31, 2006, respectively | 59,131,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 39,631 and 36,227 at june 30, 2007 and december 31, 2006, respectively | 48,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 12,044 and 10,511 at june 30, 2007 and december 31, 2006, respectively | 14,218,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 811 and 937 in 2007 and 2006, respectively | 20,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share—basic: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share—diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,871 and 3,961 at march 31, 2007 and december 31, 2006, respectively | 59,631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 38,006 and 36,227 at march 31, 2007 and december 31, 2006, respectively | 43,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 11,257 and 10,511 at march 31, 2007 and december 31, 2006, respectively | 11,569,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 719 and 1,591 in 2007 and 2006, respectively | 19,389,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,532 and 3,849 at december 31, 2006 and 2005, respectively | 67,162,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 36,227 and 31,846 at december 31, 2006 and 2005, respectively | 40,989,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 10,511 and 6,593 at december 31, 2006 and 2005, respectively | 12,315,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 4,312, 2,361 and 3,125 in 2006, 2005 and 2004, respectively | 79,690,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loss on operating properties | 550,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests | 165,727,000 | 45,321,000 | 40,054,000 | 41,582,000 | 111,517,000 | 21,112,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,916 and 3,849 at september 30, 2006 and december 31, 2005, respectively | 54,727,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 37,938 and 31,846 at september 30, 2006 and december 31, 2005, respectively | 40,217,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 9,597 and 6,593 at september 30, 2006 and december 31, 2005, respectively | 13,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable for properties held for sale | 14,590,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 864 and 627 in 2006 and 2005, respectively | 20,121,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - basic: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share - diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,995 and 3,849 at june 30, 2006 and december 31, 2005, respectively | 58,320,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 35,820 and 31,846 at june 30, 2006 and december 31, 2005, respectively | 41,397,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 8,473 and 6,593 at june 30, 2006 and december 31, 2005, respectively | 14,352,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 959 and 558 in 2006 and 2005, respectively | 20,117,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,932 and 3,849 at march 31, 2006 and december 31, 2005, respectively | 52,034,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 33,497 and 31,846 at march 31, 2006 and december 31, 2005, respectively | 41,811,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 7,459 and 6,593 at march 31, 2006 and december 31, 2005, respectively | 9,315,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 1,591 and 486 in 2006 and 2005, respectively | 19,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,849 and 3,393 at december 31, 2005 and 2004, respectively | 56,878,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 31,846 and 25,735 at december 31, 2005 and 2004, respectively | 41,657,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets, less accumulated amortization of 6,593 and 2,602 at december 31, 2005 and 2004, respectively | 10,182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted stock deferred compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 2,361, 3,125 and 2,357 in 2005, 2004 and 2003, respectively | 87,424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant receivables, net of allowance for uncollectible accounts of 3,823 and 3,393 at september 30, 2005 and december 31, 2004, respectively | 57,819,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred costs, less accumulated amortization of 30,289 and 25,735 at september 30, 2005 and december 31, 2004, respectively | 42,207,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangible assets | 11,295,000 | 269,971,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of interest income of 627 and 886 in 2005 and 2004, respectively | 22,956,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance sheet: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in real estate | 3,958,604,000 | 1,352,587,000 | 1,325,850,000 | 844,786,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 67,299,000 | 28,616,000 | 24,471,000 | 17,101,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partners’ equity | 1,860,117,000 | 751,585,000 | 749,629,000 | 510,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired lease intangibles | 76,966,000 | 74,261,000 | 48,984,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-06-30 | 2022-09-30 | 2007-09-30 | 2007-06-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||
net income | 132,798,000 | 112,617,000 | 108,349,000 | 111,853,000 | 321,163,000 | 217,587,000 | 112,658,000 | 186,660,000 | 391,650,000 | 148,171,000 | 106,272,000 | 107,821,000 | 70,775,000 | 114,291,000 | 38,348,000 | 87,020,000 | 49,274,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||
depreciation and amortization | 106,422,000 | 102,799,000 | 99,535,000 | 96,774,000 | 299,508,000 | 198,553,000 | 97,585,000 | 165,868,000 | 237,462,000 | 67,916,000 | 43,542,000 | 42,898,000 | 20,908,000 | 62,899,000 | 22,266,000 | 60,772,000 | 40,266,000 |
amortization of deferred financing costs and debt premiums | 3,979,000 | 4,040,000 | 3,588,000 | 3,334,000 | 9,754,000 | ||||||||||||
amortization of above and below market lease intangibles | -5,051,000 | -5,248,000 | -5,199,000 | -6,215,000 | -17,383,000 | ||||||||||||
stock-based compensation, net of capitalization | 5,279,000 | 4,953,000 | 4,898,000 | 4,966,000 | 18,829,000 | 12,539,000 | 6,294,000 | 8,854,000 | 12,592,000 | ||||||||
equity in income of investments in real estate partnerships | -22,380,000 | -15,124,000 | -13,759,000 | -14,495,000 | -37,763,000 | -24,275,000 | -11,961,000 | -23,785,000 | -47,855,000 | -6,245,000 | -4,569,000 | -417,000 | -755,000 | 616,000 | -2,391,000 | -6,888,000 | -4,689,000 |
gain on sale of real estate, net of tax | -7,194,000 | -101,000 | -33,844,000 | -22,484,000 | -11,403,000 | -331,000 | -106,459,000 | ||||||||||
distribution of earnings from investments in real estate partnerships | 16,149,000 | 13,197,000 | 18,426,000 | 16,076,000 | 49,987,000 | 32,440,000 | 16,960,000 | 31,869,000 | 45,238,000 | ||||||||
deferred compensation expense | 766,000 | 2,213,000 | 268,000 | -521,000 | 3,615,000 | 2,695,000 | 2,089,000 | 2,940,000 | -8,016,000 | ||||||||
realized and unrealized loss on investments | -682,000 | 686,000 | -3,376,000 | 9,253,000 | |||||||||||||
changes in assets and liabilities: | |||||||||||||||||
tenant and other receivables | 5,646,000 | -526,000 | -10,721,000 | 9,051,000 | -8,736,000 | -3,565,000 | 1,220,000 | -14,549,000 | -18,544,000 | ||||||||
deferred leasing costs | -5,299,000 | -4,974,000 | -7,054,000 | -1,748,000 | -7,643,000 | -6,311,000 | -3,714,000 | -3,591,000 | -7,022,000 | -6,608,000 | -4,217,000 | -3,935,000 | -1,935,000 | -5,119,000 | -1,668,000 | -4,683,000 | -3,665,000 |
other assets | -25,405,000 | 1,881,000 | 1,053,000 | -16,176,000 | -10,738,000 | -13,793,000 | -15,724,000 | -17,951,000 | -4,312,000 | -20,950,000 | -12,285,000 | -3,457,000 | -4,214,000 | -11,248,000 | -5,971,000 | 647,000 | 2,607,000 |
accounts payable and other liabilities | -45,946,000 | 11,519,000 | 44,199,000 | -43,735,000 | 13,881,000 | -9,776,000 | -19,410,000 | 6,091,000 | 21,656,000 | 5,620,000 | 4,430,000 | -9,825,000 | -29,734,000 | -8,610,000 | -35,399,000 | 1,708,000 | 5,714,000 |
tenants' security, escrow deposits and prepaid rent | -6,353,000 | -3,264,000 | -318,000 | 1,282,000 | 2,442,000 | -3,602,000 | -2,133,000 | 6,837,000 | 13,927,000 | ||||||||
net cash from operating activities | 152,729,000 | 218,665,000 | 244,048,000 | 161,031,000 | 598,813,000 | 371,214,000 | 167,758,000 | 334,677,000 | 528,242,000 | 176,622,000 | 121,143,000 | 108,777,000 | 29,748,000 | 144,566,000 | 19,970,000 | 149,713,000 | 111,907,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 152,729,000 | 218,665,000 | 244,048,000 | 161,031,000 | 598,813,000 | 371,214,000 | 167,758,000 | 334,677,000 | 528,242,000 | 176,622,000 | 121,143,000 | 108,777,000 | 29,748,000 | 144,566,000 | 19,970,000 | 149,713,000 | 111,907,000 |
cash flows from investing activities: | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 787 in 2025 | -21,478,000 | ||||||||||||||||
real estate development and capital improvements | -105,071,000 | -102,625,000 | -103,271,000 | -101,386,000 | -235,284,000 | -141,775,000 | -60,850,000 | -100,114,000 | -143,724,000 | ||||||||
proceeds from sale of real estate | 11,830,000 | 43,919,000 | 103,626,000 | 92,159,000 | 30,033,000 | 137,280,000 | |||||||||||
proceeds from property insurance casualty claims | 3,281,000 | 5,257,000 | 4,638,000 | 4,110,000 | |||||||||||||
collection of notes receivable | 1,069,000 | 299,000 | 60,000 | 120,000 | 3,052,000 | 3,004,000 | 1,561,000 | ||||||||||
investments in real estate partnerships | -22,839,000 | -6,182,000 | -5,987,000 | -230,000 | -25,771,000 | -8,582,000 | -4,156,000 | -3,109,000 | -13,573,000 | -34,476,000 | -9,039,000 | -5,564,000 | -4,791,000 | -405,693,000 | -11,166,000 | -18,621,000 | -1,218,000 |
return of capital from investments in real estate partnerships | 34,679,000 | 12,859,000 | 10,038,000 | 3,152,000 | 3,644,000 | 48,473,000 | |||||||||||
dividends on investment securities | 1,555,000 | 151,000 | 93,000 | 988,000 | 296,000 | 263,000 | 122,000 | 420,000 | 336,000 | ||||||||
purchase of investment securities | -3,135,000 | -3,544,000 | -93,993,000 | -2,233,000 | |||||||||||||
proceeds from sale of investment securities | 5,182,000 | 44,219,000 | 3,417,000 | 5,825,000 | 103,785,000 | 99,490,000 | 6,049,000 | 10,751,000 | 15,821,000 | ||||||||
net cash from investing activities | -94,927,000 | -32,018,000 | -192,545,000 | -180,148,000 | -209,071,000 | -114,143,000 | -142,336,000 | -91,411,000 | -111,867,000 | -356,764,000 | -252,995,000 | 53,035,000 | 127,115,000 | -444,694,000 | 3,592,000 | -94,897,000 | -114,634,000 |
cash flows from financing activities: | |||||||||||||||||
tax withholding on stock-based compensation | -8,672,000 | 0 | -23,000 | -6,760,000 | |||||||||||||
proceeds from sale of treasury stock | 8,000 | 0 | 0 | 462,000 | 210,000 | 210,000 | 210,000 | 28,000 | 64,000 | ||||||||
contributions from noncontrolling interests | 237,000 | 2,283,000 | 5,439,000 | 2,977,000 | |||||||||||||
distributions to and redemptions of noncontrolling interests | -4,336,000 | -31,045,000 | -2,620,000 | -3,510,000 | |||||||||||||
distributions to exchangeable operating partnership unit holders | -2,898,000 | -753,000 | -773,000 | -773,000 | -2,215,000 | -1,479,000 | -742,000 | -964,000 | -1,413,000 | -1,426,000 | -838,000 | -1,293,000 | -715,000 | -2,244,000 | -757,000 | -1,706,000 | -1,151,000 |
dividends paid to common shareholders | -275,915,000 | -127,812,000 | -127,771,000 | -127,684,000 | -368,999,000 | -247,138,000 | -123,507,000 | -222,275,000 | |||||||||
dividends paid to preferred shareholders | -3,413,000 | -3,413,000 | -3,413,000 | -3,413,000 | -10,239,000 | -6,825,000 | -3,413,000 | ||||||||||
proceeds from issuance of fixed rate unsecured notes, net of debt discount | 447,192,000 | 0 | 722,860,000 | 398,468,000 | 398,468,000 | ||||||||||||
proceeds from unsecured credit facilities | 255,000,000 | 115,000,000 | 115,000,000 | 280,000,000 | 527,419,000 | 422,419,000 | 132,419,000 | 235,000,000 | 95,000,000 | ||||||||
repayment of unsecured credit facilities | -345,000,000 | -115,000,000 | -350,000,000 | -80,000,000 | -649,419,000 | -264,419,000 | -254,419,000 | -235,000,000 | -95,000,000 | ||||||||
proceeds from notes payable | 0 | 0 | 10,000,000 | 12,000,000 | 15,500,000 | 10,000,000 | 54,852,000 | 5,852,000 | |||||||||
repayment of notes payable | -88,000,000 | -21,343,000 | 0 | -32,787,000 | -110,862,000 | -88,069,000 | -7,597,000 | -29,616,000 | -5,995,000 | -49,243,000 | -49,243,000 | -16,745,000 | -11,790,000 | -36,908,000 | -352,000 | -2,350,000 | -2,350,000 |
scheduled principal payments | -3,207,000 | -2,923,000 | -2,512,000 | -2,548,000 | -8,716,000 | -6,121,000 | -3,183,000 | -5,054,000 | -8,503,000 | -3,318,000 | -2,113,000 | -2,261,000 | -1,156,000 | -4,262,000 | -1,484,000 | -4,282,000 | -2,770,000 |
payment of financing costs | -3,899,000 | -27,000 | -3,618,000 | -194,000 | -16,560,000 | ||||||||||||
net cash from financing activities | -32,903,000 | -135,871,000 | 24,779,000 | 35,770,000 | -366,265,000 | -268,502,000 | 113,325,000 | -268,934,000 | -356,418,000 | 179,667,000 | 152,901,000 | -167,676,000 | -111,265,000 | 236,040,000 | -65,291,000 | -34,504,000 | -21,762,000 |
net increase in cash and cash equivalents and restricted cash | 24,899,000 | 50,776,000 | 76,282,000 | 16,653,000 | 23,477,000 | 138,747,000 | -25,668,000 | 59,957,000 | |||||||||
cash and cash equivalents and restricted cash at beginning of the period | 120,661,000 | 0 | 0 | 61,884,000 | 91,354,000 | 91,354,000 | 91,354,000 | 68,776,000 | 95,027,000 | ||||||||
cash and cash equivalents and restricted cash at end of the period | 145,560,000 | 50,776,000 | 76,282,000 | 78,537,000 | 114,831,000 | 79,923,000 | 230,101,000 | 43,108,000 | 154,984,000 | ||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||
cash paid for interest | 80,288,000 | 64,609,000 | |||||||||||||||
supplemental disclosure of non-cash transactions: | |||||||||||||||||
common and preferred stock, and exchangeable operating partnership dividends declared but not paid | 5,376,000 | 2,434,000 | |||||||||||||||
acquisition of operating real estate: | |||||||||||||||||
acquired lease intangible assets | 2,245,000 | 45,356,000 | |||||||||||||||
notes payable assumed in acquisition, at fair value | 126,420,000 | ||||||||||||||||
intangible liabilities, accounts payable and other liabilities | 2,272,000 | 4,253,000 | |||||||||||||||
acquisition of previously unconsolidated real estate investments: | |||||||||||||||||
change in accrued capital expenditures | 7,823,000 | 788,000 | |||||||||||||||
contributions to investments in real estate partnerships | 14,045,000 | ||||||||||||||||
provision for impairment of real estate, net of tax | 3,374,000 | ||||||||||||||||
loss on early extinguishment of debt | 180,000 | 180,000 | 180,000 | ||||||||||||||
realized and unrealized gain on investments | -2,594,000 | -4,439,000 | -3,013,000 | -2,358,000 | |||||||||||||
acquisition of operating real estate, net of cash acquired of 4,273 and 14,143 in 2025 and 2024, respectively | |||||||||||||||||
issuance of notes receivable | -32,651,000 | -32,651,000 | -29,830,000 | -4,000,000 | |||||||||||||
net proceeds from common stock issuance | -10,000 | 61,284,000 | 2,372,000 | 2,332,000 | 2,622,000 | 1,637,000 | 203,333,000 | 3,128,000 | 79,002,000 | 11,501,000 | |||||||
common shares repurchased through share repurchase program | -200,066,000 | -200,066,000 | -20,006,000 | -75,419,000 | |||||||||||||
redemption of exchangeable operating partnership units | -20,402,000 | -10,831,000 | |||||||||||||||
repayment of fixed rate unsecured notes | -250,000,000 | -250,000,000 | -100,000,000 | -200,000,000 | -200,000,000 | ||||||||||||
cash paid for income taxes, net of refunds | 738,000 | ||||||||||||||||
right of use assets obtained in exchange for new operating lease liabilities | |||||||||||||||||
sale of leased asset in exchange for net investment in sales-type lease | |||||||||||||||||
acquisition of real estate assets | |||||||||||||||||
exchangeable operating partnership units issued for acquisition of real estate | |||||||||||||||||
stock-based compensation capitalized | 479,000 | ||||||||||||||||
contributions from limited partners in consolidated partnerships | 1,472,000 | 1,225,000 | 205,000 | 205,000 | 25,000 | 352,000 | |||||||||||
loss on sale of real estate, net of tax | |||||||||||||||||
repurchase of exchangeable operating partnership units | |||||||||||||||||
tenant and other receivable and other assets | |||||||||||||||||
acquisition of unconsolidated real estate investments: | |||||||||||||||||
reallocation of equity upon acquisition of non-controlling interest | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 787 | -83,232,000 | ||||||||||||||||
benefit from impairment of real estate | |||||||||||||||||
gain on early extinguishment of debt | |||||||||||||||||
realized and unrealized (gain) loss on investments | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 3,061 in 2022 | |||||||||||||||||
acquisition of ubp, net of cash acquired of 14,143 | |||||||||||||||||
acquisition of investment securities | -99,035,000 | -95,519,000 | -92,527,000 | -2,748,000 | -15,205,000 | ||||||||||||
repurchase of common shares in conjunction with equity award plans | -8,776,000 | -8,776,000 | -8,730,000 | -7,621,000 | -6,438,000 | ||||||||||||
redemption of eop units | |||||||||||||||||
net change in cash and cash equivalents and restricted cash | |||||||||||||||||
cash and cash equivalents and restricted cash at beginning of the year | |||||||||||||||||
cash and cash equivalents and restricted cash at end of the year | |||||||||||||||||
previously held equity investments in real estate assets acquired | |||||||||||||||||
mortgage loans assumed by company with the acquisition of real estate | |||||||||||||||||
ubp acquisition: | |||||||||||||||||
noncontrolling interest assumed in acquisition, at fair value | |||||||||||||||||
common stock exchanged for ubp shares | |||||||||||||||||
preferred stock exchanged for ubp shares | |||||||||||||||||
eop units issued for acquisition of real estate | |||||||||||||||||
real estate received in lieu of rental revenue | |||||||||||||||||
change in fair value of securities | |||||||||||||||||
acquisition of operating real estate | -45,205,000 | -45,208,000 | -63,117,000 | -34,025,000 | -19,337,000 | ||||||||||||
acquisition of ubp, net of cash acquired of 14,143 in 2023 | |||||||||||||||||
contributions from non-controlling interests | 6,533,000 | 3,001,000 | |||||||||||||||
distributions to and redemptions of non-controlling interests | -9,435,000 | -6,254,000 | |||||||||||||||
amortization of deferred loan costs and debt premiums | 6,232,000 | 2,762,000 | 2,983,000 | 4,297,000 | |||||||||||||
accretion of above and below market lease intangibles | -12,193,000 | -5,287,000 | |||||||||||||||
payment of loan costs | -13,453,000 | -13,289,000 | -141,000 | -82,000 | |||||||||||||
net decrease in cash and cash equivalents and restricted cash | -11,431,000 | ||||||||||||||||
distributions to limited partners in consolidated partnerships | -4,364,000 | -4,120,000 | |||||||||||||||
early extinguishment of debt | |||||||||||||||||
settlement of derivative instruments | |||||||||||||||||
tenants’ security, escrow deposits and prepaid rent | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 0, 3,061 and 2,991 in 2023, 2022 and 2021, respectively | |||||||||||||||||
net change in cash, cash equivalents, and restricted cash | |||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of the year | |||||||||||||||||
cash, cash equivalents, and restricted cash at end of the year | |||||||||||||||||
(accretion) and amortization of above and below market lease intangibles | -13,842,000 | -15,625,000 | |||||||||||||||
proceeds from sale of real estate and ff&e | 3,745,000 | ||||||||||||||||
contributions from (distributions to) limited partners in consolidated partnerships | 1,568,000 | ||||||||||||||||
goodwill impairment | |||||||||||||||||
settlement of derivative instrument | |||||||||||||||||
deferred compensation (revenue) expense | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 3,061 and 2,991 in 2022 and 2021, respectively | |||||||||||||||||
collection (issuance) of notes receivable | |||||||||||||||||
dividends paid to common stockholders | -321,484,000 | -134,331,000 | -89,485,000 | -79,406,000 | -39,596,000 | -106,426,000 | -34,654,000 | -96,247,000 | -63,987,000 | ||||||||
proceeds from issuance of fixed rate unsecured notes | 398,108,000 | 398,108,000 | 349,505,000 | 148,646,000 | 148,646,000 | ||||||||||||
repayments of proceeds from unsecured credit facilities | |||||||||||||||||
early redemption costs | |||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | |||||||||||||||||
common stock and exchangeable operating partnership dividends declared but not paid | |||||||||||||||||
mortgage loan assumed by purchaser with the sale of real estate | |||||||||||||||||
common stock issued by parent company for partnership units exchanged | |||||||||||||||||
real estate received in lieu of promote interest | |||||||||||||||||
common stock issued for dividend reinvestment plan | |||||||||||||||||
reallocation of equity upon acquisition of a limited partner's interest in a consolidated partnership | |||||||||||||||||
common stock issued for dividend reinvestment in trust | |||||||||||||||||
contribution of stock awards into trust | |||||||||||||||||
distribution of stock held in trust | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 3,061 in 2022 and 2,991 in 2021 | -141,275,000 | ||||||||||||||||
benefit from impairment of real estate, net of tax | |||||||||||||||||
net provided by investing activities | |||||||||||||||||
acquisition of operating real estate, net of cash acquired of 2,991 in 2021 | |||||||||||||||||
(distributions to) contributions from limited partners in consolidated partnerships | -3,629,000 | ||||||||||||||||
advance deposits refunded on acquisition of operating real estate | |||||||||||||||||
proceeds from sale of real estate investments | 211,024,000 | 173,313,000 | 219,632,000 | 194,467,000 | 149,912,000 | 59,240,000 | 129,475,000 | 62,909,000 | |||||||||
advance deposits refunded (paid) on acquisition of operating real estate | |||||||||||||||||
benefit from impairment of goodwill | |||||||||||||||||
benefit from impairment, net of tax | |||||||||||||||||
advance deposits paid on acquisition of operating real estate | |||||||||||||||||
distribution of earnings from operations of investments in real estate partnerships | 24,043,000 | 15,496,000 | |||||||||||||||
distributions received from investments in real estate partnerships | 11,065,000 | 2,651,000 | 3,085,000 | 23,958,000 | 9,814,000 | 21,464,000 | 18,108,000 | ||||||||||
benefit from impairment | |||||||||||||||||
deferred income tax benefit of taxable reit subsidiary | |||||||||||||||||
gain on derivative instruments | |||||||||||||||||
acquisition of equity one, net of cash and restricted cash acquired of 74,507 | |||||||||||||||||
proceeds from (issuances of) notes receivable | |||||||||||||||||
regency centers corporationconsolidated statements of cash flows | |||||||||||||||||
for the years ended december 31, 2018, 2017, and 2016 | |||||||||||||||||
acquisition of treasury stock | |||||||||||||||||
redemption of preferred stock and partnership units | |||||||||||||||||
dividends paid to preferred stockholders | -9,838,000 | -4,919,000 | -9,838,000 | -4,919,000 | -11,825,000 | -3,662,000 | -4,971,000 | -2,794,000 | |||||||||
cash paid (received) for income taxes | |||||||||||||||||
mortgage loans assumed for the acquisition of operating real estate | |||||||||||||||||
change in fair value of securities available-for-sale | |||||||||||||||||
equity one merger: | |||||||||||||||||
notes payable assumed in equity one merger, at fair value | |||||||||||||||||
common stock exchanged for equity one shares | |||||||||||||||||
deconsolidation of previously consolidated partnership: | |||||||||||||||||
real estate | |||||||||||||||||
notes payable | |||||||||||||||||
other assets and liabilities | |||||||||||||||||
limited partners' interest in consolidated partnerships | |||||||||||||||||
see accompanying notes to consolidated financial statements. | |||||||||||||||||
loss on derivative instruments | |||||||||||||||||
proceeds from (issuance of) notes receivable | |||||||||||||||||
accounts receivable | |||||||||||||||||
straight-line rent receivables | |||||||||||||||||
tenants’ security and escrow deposits and prepaid rent | |||||||||||||||||
acquisition of equity one, net of cash and restricted cash acquired of 72,784 | |||||||||||||||||
acquisition of securities | |||||||||||||||||
proceeds from sale of securities | |||||||||||||||||
amortization of deferred loan cost and debt premium | |||||||||||||||||
deferred income tax benefit | |||||||||||||||||
net accretion of above and below market lease intangibles | |||||||||||||||||
restricted cash | |||||||||||||||||
straight-line rent receivable | |||||||||||||||||
costs paid in advance of real estate acquisitions | |||||||||||||||||
acquisition of equity one, net of cash acquired of 72,534 | |||||||||||||||||
(issuance) / collection of notes receivable | |||||||||||||||||
for the years ended december 31, 2017, 2016, and 2015 | |||||||||||||||||
repurchase of common shares in conjunction with tax withholdings on equity award plans | |||||||||||||||||
net increase in cash and cash equivalents | 21,049,000 | 45,598,000 | -64,088,000 | -41,729,000 | 20,312,000 | ||||||||||||
cash and cash equivalents at beginning of the year | |||||||||||||||||
cash and cash equivalents at end of the year | |||||||||||||||||
cash (received) paid for income taxes | |||||||||||||||||
cash and cash equivalents at beginning of the period | 34,046,000 | 34,046,000 | 42,458,000 | 42,458,000 | 95,320,000 | 95,320,000 | 29,869,000 | 29,869,000 | |||||||||
cash and cash equivalents at end of the period | 33,571,000 | 55,095,000 | 36,594,000 | 88,056,000 | 31,232,000 | 53,591,000 | 50,181,000 | 5,380,000 | |||||||||
amortization and (accretion) of above and below market lease intangibles | |||||||||||||||||
gain on remeasurement of investment in real estate partnership | |||||||||||||||||
provision for impairment | |||||||||||||||||
regency centers corporationconsolidated statements of cash flowsfor the years ended december 31, 2016, 2015, and 2014 | |||||||||||||||||
net decrease in cash and cash equivalents | -475,000 | -5,864,000 | -24,489,000 | ||||||||||||||
cash paid for income taxes | |||||||||||||||||
common stock issued for partnership units exchanged | 1,770,000 | ||||||||||||||||
mortgage loans assumed for the acquisition of real estate | |||||||||||||||||
initial fair value of non-controlling interest recorded at acquisition | |||||||||||||||||
acquisition of previously unconsolidated real estate investments | |||||||||||||||||
change in fair value of derivative instruments | |||||||||||||||||
gain on sale of real estate | |||||||||||||||||
advance deposits on acquisition of operating real estate | |||||||||||||||||
dividends on investments | |||||||||||||||||
regency centers corporationconsolidated statements of cash flowsfor the years ended december 31, 2015, 2014, and 2013 | |||||||||||||||||
real estate received through distribution in kind | |||||||||||||||||
mortgage loans assumed through distribution in kind | |||||||||||||||||
unrealized gain on available-for-sale securities | |||||||||||||||||
deferred income tax expense of taxable reit subsidiary | |||||||||||||||||
(gain) on derivative instruments | |||||||||||||||||
realized and unrealized | |||||||||||||||||
regency centers corporationconsolidated statements of cash flowsfor the years ended december 31, 2014, 2013, and 2012 | |||||||||||||||||
net proceeds from issuance of preferred stock | 72,778,000 | 120,831,000 | |||||||||||||||
distributions to preferred unit holders | -1,862,000 | -931,000 | -1,862,000 | -931,000 | -5,778,000 | -2,112,000 | -14,385,000 | -10,163,000 | |||||||||
real estate contributed for investments in real estate partnerships | |||||||||||||||||
real estate received through foreclosure on notes receivable | |||||||||||||||||
net gain on sale of properties | -56,622,000 | -47,967,000 | -59,256,000 | -46,527,000 | -47,728,000 | -17,724,000 | -30,207,000 | -11,129,000 | |||||||||
hedge ineffectiveness | |||||||||||||||||
realized and unrealized gains on trading securities held in trust | |||||||||||||||||
development of real estate, including acquisition of land | |||||||||||||||||
dividends on trading securities held in trust | |||||||||||||||||
(gain) loss on derivative instruments | |||||||||||||||||
proceeds from sale securities | |||||||||||||||||
distributions (to) from limited partners in consolidated partnerships | |||||||||||||||||
development of real estate including acquisition of land | -481,790,000 | -385,922,000 | |||||||||||||||
proceeds from sale of trading securities | |||||||||||||||||
redemption of preferred stock | |||||||||||||||||
equity in (income) loss of investments in real estate partnerships | |||||||||||||||||
realized and unrealized (gain) loss on trading securities held in trust | |||||||||||||||||
(issuance) collection of notes receivable | |||||||||||||||||
acquisition of trading securities held in trust | |||||||||||||||||
proceeds from sale of trading securities held in trust | |||||||||||||||||
payment of premium on tender offer | |||||||||||||||||
realized and unrealized (gains) losses on trading securities held in trust | |||||||||||||||||
redemption of preferred partnership units | |||||||||||||||||
benefit from doubtful accounts | |||||||||||||||||
deferred compensation income | |||||||||||||||||
realized gain on trading securities held in trust | |||||||||||||||||
unrealized gain on trading securities held in trust | |||||||||||||||||
other receivables | |||||||||||||||||
proceeds from line of credit | |||||||||||||||||
repayment of line of credit | |||||||||||||||||
equity in loss of investments in real estate partnerships | |||||||||||||||||
unrealized (gain) loss on trading securities held in trust | |||||||||||||||||
tenants’ security and escrow deposits | 255,000 | 142,000 | 408,000 | -70,000 | 67,000 | -90,000 | 230,000 | 237,000 | |||||||||
equity in loss (income) of investments in real estate partnerships | |||||||||||||||||
tenants' security and escrow deposits | |||||||||||||||||
amortization and accretion of above and below market lease intangibles | |||||||||||||||||
amortization or rent inducements | |||||||||||||||||
deferred loan cost and debt premium amortization | 2,612,000 | 1,569,000 | 1,650,000 | 823,000 | 1,917,000 | 584,000 | 1,813,000 | 1,209,000 | |||||||||
above and below market lease intangibles amortization and accretion | |||||||||||||||||
(repayment of) proceeds from unsecured credit facilities | |||||||||||||||||
payment of debt premium on tender offer | |||||||||||||||||
tenant receivables | 346,000 | 6,545,000 | -1,442,000 | 4,844,000 | 3,092,000 | 10,860,000 | 4,773,000 | 12,304,000 | |||||||||
net income attributable to controlling interests | |||||||||||||||||
adjustments to reconcile net income attributable to controlling interests to net cash from operating activities: | |||||||||||||||||
noncontrolling interest of preferred units | |||||||||||||||||
noncontrolling interest of exchangeable operating partnership units | |||||||||||||||||
noncontrolling interest of limited partners’ interest in consolidated partnerships | |||||||||||||||||
minority interest of preferred units | 2,794,000 | 1,862,000 | 1,862,000 | 931,000 | 7,174,000 | 2,112,000 | 17,621,000 | 10,163,000 | |||||||||
minority interest of exchangeable operating partnership units | 1,270,000 | 979,000 | 1,672,000 | 1,180,000 | 2,392,000 | 863,000 | 1,417,000 | 826,000 | |||||||||
minority interest of limited partners | 757,000 | 516,000 | 4,775,000 | 511,000 | 203,000 | 76,000 | 255,000 | 169,000 | |||||||||
proceeds from (repayment of) unsecured credit facilities | |||||||||||||||||
stock based compensation, net of capitalization | |||||||||||||||||
benefit from loss | |||||||||||||||||
above and below market lease intangibles | -1,332,000 | -727,000 | -617,000 | ||||||||||||||
stock based compensation | 14,595,000 | 9,555,000 | 8,552,000 | 4,281,000 | 15,148,000 | 4,343,000 | 10,133,000 | 7,075,000 | |||||||||
benefit from loss on real estate investments | |||||||||||||||||
repayment of notes receivable | 530,000 | 27,000 | 14,601,000 | 14,589,000 | 3,751,000 | 2,394,000 | 45,530,000 | 11,146,000 | |||||||||
deferred loan costs | -5,675,000 | -5,381,000 | -98,000 | -3,158,000 | -427,000 | -3,844,000 | -3,787,000 | ||||||||||
benefit from loss on operating properties | |||||||||||||||||
hedge settlement | -7,310,000 | -5,720,000 | -5,720,000 | ||||||||||||||
repayment (issuance) of notes receivable | |||||||||||||||||
redemption of preferred units | -54,000,000 | -125,000,000 | |||||||||||||||
proceeds (repayment) of unsecured line of credit | |||||||||||||||||
provision for loss on operating properties | 500,000 | ||||||||||||||||
repayment of unsecured line of credit | -11,000,000 | -91,000,000 | -54,000,000 | ||||||||||||||
development of real estate including land acquired | -159,382,000 | -77,150,000 | |||||||||||||||
proceeds from (repayment of) unsecured line of credit | |||||||||||||||||
distributions in excess of earnings from operations of investments in real estate partnerships | |||||||||||||||||
(repayment) proceeds of unsecured line of credit | |||||||||||||||||
distributions from operations of investments in real estate partnerships | 17,588,000 | 8,730,000 | 16,782,000 | 3,761,000 | 10,822,000 | 7,266,000 | |||||||||||
(distributions) contributions from limited partners in consolidated partnerships | |||||||||||||||||
(repayment of) proceeds from unsecured line of credit | -59,000,000 | ||||||||||||||||
(issuance) repayment of notes receivable | |||||||||||||||||
repurchase of common stock | |||||||||||||||||
(repayments) proceeds from unsecured line of credit | -25,000,000 | ||||||||||||||||
acquisition of real estate | -26,560,000 | -23,419,000 | |||||||||||||||
development of real estate | -216,622,000 | -56,690,000 | -246,185,000 | -182,160,000 | |||||||||||||
(repayment) proceeds from unsecured line of credit | -75,000,000 | ||||||||||||||||
proceeds from unsecured line of credit | 35,000,000 | 110,000,000 | |||||||||||||||
contributions (distributions) from limited partners in consolidated partnerships | 29,000 | ||||||||||||||||
supplemental disclosure of cash flow information - cash paid for interest | 31,246,000 | ||||||||||||||||
real estate contributed as investments in real estate partnerships | 5,264,000 | ||||||||||||||||
change in fair value of derivative instrument | |||||||||||||||||
other income | |||||||||||||||||
provision for loss on operating and development properties | |||||||||||||||||
contributions/distributions from/to limited partners in consolidated partnerships | 72,000 | ||||||||||||||||
net proceeds from issuance of series 3 preferred stock |