7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-06-30 2024-03-31 2023-03-31 2022-06-30 2021-03-31 2020-06-30 2020-03-31 2019-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-03-31 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 
      
    		                                                 
      operating activities
    		                                                 
      net income/
    		43,130,000 40,229,000 82,071,000 31,013,000 46,310,000 32,925,000 16,693,000 3,274,000 62,096,000 5,540,000 53,316,000 11,604,000 177,163,000 13,695,000 89,884,000 76,417,000 67,752,000 19,012,000   -12,955,000 -9,676,000 156,306,000 86,628,000                          
      adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:
    		                                                 
      depreciation and amortization
    		172,935,000 170,578,000 168,461,000 175,167,000 174,174,000 172,949,000 190,608,000 146,689,000 157,083,000 157,501,000 126,844,000 106,892,000 106,808,000 92,025,000 92,044,000 90,400,000 93,524,000 89,613,000 86,269,000 84,588,000 84,548,000 89,301,000 85,491,000 95,165,000 98,266,000 98,703,000 92,147,000 85,158,000 83,043,000 76,782,000 75,034,000 73,430,000 72,075,000 70,553,000 70,545,000 70,379,000 73,344,000 66,691,000 63,451,000 53,364,000 65,147,000 65,626,000 65,250,000 65,014,000 65,085,000 62,684,000    
      (gain)/loss on sale of real estate owned
    		0 0 -47,939,000 0 -16,867,000 -1,000  -50,829,000                                          
      (income)/income from unconsolidated entities
    		-14,011,000 -3,629,000 -5,814,000 -4,046,000 -9,085,000 -9,707,000 10,739,000 -4,922,000 -8,021,000 -3,367,000 -5,995,000 -679,000 -1,052,000 -2,691,000 573,000 -59,159,000                                  
      return on investment in unconsolidated joint ventures and partnerships
    		16,285,000 18,786,000 4,700,000 2,969,000 4,596,000 4,317,000                                            
      amortization of share-based compensation
    		3,077,000 8,762,000 7,498,000 9,423,000 7,258,000 8,246,000 8,903,000 4,912,000 4,000,000 6,808,000 6,437,000 3,879,000                                      
      other
    		8,669,000 8,877,000 8,664,000 5,078,000 10,377,000 7,690,000 9,298,000 2,766,000 9,418,000 -1,215,000 4,090,000 2,497,000 -11,227,000 4,685,000 6,830,000 6,324,000 6,565,000 6,697,000 8,281,000 4,775,000                              
      changes in operating assets and liabilities:
    		                                                 
      (increase)/decrease in operating assets
    		-8,419,000 -17,431,000 8,208,000 -14,370,000 1,447,000 -7,119,000 3,936,000 18,000 -20,396,000 114,000 -313,000 -1,853,000 6,058,000 -17,457,000 2,637,000 4,794,000  8,422,000 627,000 -3,269,000       -5,788,000 -4,854,000 5,032,000                     
      increase/(decrease) in operating liabilities
    		13,269,000 24,157,000 -69,633,000 33,228,000 -50,611,000 -41,285,000 12,214,000 -21,347,000 38,407,000 -31,666,000 -11,716,000 -6,378,000 6,485,000 -1,366,000 8,620,000 -23,329,000 3,984,000 -17,665,000                  3,132,000              
      net cash provided by/(used in) operating activities
    		234,935,000 250,329,000 156,216,000 238,462,000 167,599,000 168,015,000 274,482,000 123,605,000 181,559,000 135,456,000 173,932,000 112,489,000 125,813,000 88,799,000 120,985,000 96,018,000 110,382,000                                 
      ​
    		                                                 
      investing activities
    		                                                 
      proceeds from sales of real estate investments
    		0 0 203,565,000 0 98,650,000   154,857,000             -200,000 -1,313,000 464,109,000 130,571,000 244,673,000 47,767,000   50,000        1,967,000 10,616,000 23,437,000 1,451,047,000  283,062,000 66,060,000 59,111,000  259,192,000 102,858,000 29,135,000  
      development of real estate assets
    		-7,972,000 -6,430,000 -8,835,000 -20,509,000 -30,595,000 -42,498,000 -86,287,000 -32,683,000 -39,923,000 -23,087,000 25,712,000 -36,045,000 -11,820,000 -25,302,000 -22,520,000 -43,563,000 -90,850,000 -56,147,000 -86,853,000 -85,181,000 -76,741,000 -64,321,000 -49,342,000 -56,519,000 -28,109,000 -26,027,000 -23,040,000 -21,507,000 -12,424,000 -17,947,000 -33,206,000 -28,565,000 -40,962,000 -44,434,000 -44,178,000 -53,583,000 -58,122,000 -43,312,000 -34,662,000 -23,978,000 -32,391,000 -26,243,000 -25,546,000 -17,280,000    -12,575,000 -14,297,000 
      capital expenditures and other major improvements — real estate assets
    		-70,320,000 -60,257,000 -52,990,000 -67,317,000 -52,563,000 -54,353,000 -46,265,000 -28,424,000 -31,100,000 -32,983,000                                       -59,264,000 
      capital expenditures — non-real estate assets
    		-958,000 -19,751,000 -8,877,000 -6,326,000 -4,583,000 -4,532,000 -9,333,000 -3,041,000 -4,879,000 -2,479,000 -6,483,000 -664,000 -1,365,000 -1,029,000 -1,218,000 -437,000 -1,220,000 -1,115,000 -2,126,000 -2,313,000 -4,163,000 -2,063,000 -629,000 -1,092,000 -1,007,000 -9,783,000 -1,614,000 -863,000 -1,010,000 -687,000 -709,000 -1,936,000 21,000 355,000 -3,302,000 -3,343,000 -1,902,000 -12,409,000 -4,144,000 -4,794,000 -1,109,000 -1,031,000 -1,727,000 -680,000    -367,000 -1,259,000 
      investment in unconsolidated joint ventures and partnerships
    		-60,238,000 -17,281,000 -4,209,000 -8,084,000 -1,105,000 -1,821,000                                            
      distributions received from unconsolidated joint ventures and partnerships
    		26,361,000 42,401,000 3,726,000 4,454,000 4,289,000 3,108,000                                            
      proceeds from sale of equity securities
    		   0 4,624,000                                             
      purchase deposits on pending acquisitions
    		     -743,000 11,821,000 -12,821,000          -4,000,000                                
      repayment/(issuance) of notes receivable
    		0 2,564,000 -114,564,000 0 -270,000 -16,501,000 -13,542,000 2,800,000 -4,440,000 -900,000                                        
      net cash provided by/(used in) investing activities
    		-113,127,000 -58,754,000 17,816,000 -97,782,000 18,447,000 -117,340,000 -616,122,000 41,039,000 52,150,000 -214,044,000 -761,039,000 -44,954,000 -10,257,000 -64,416,000 -114,238,000 -49,538,000 7,252,000 -136,709,000                   -110,504,000 -88,854,000 -75,830,000 577,492,000          
      financing activities
    		                                                 
      payments on secured debt
    		-45,857,000 -1,746,000 -1,485,000 -847,000 -40,749,000 -292,000 -295,000 -270,000 -28,840,000 -2,781,000 305,000 -2,205,000 -187,097,000 -2,312,000 -2,283,000 -2,266,000 -36,571,000 -2,486,000 -39,357,000 -3,199,000 -4,752,000 -2,599,000 -411,581,000 -72,953,000 -113,237,000 -17,871,000 -2,584,000 -202,312,000 -87,563,000 -15,900,000 -11,488,000 -72,357,000 -125,407,000 -11,399,000 -7,610,000 -15,196,000 -140,881,000 -1,423,000 -6,425,000 -67,625,000 -86,603,000 -54,562,000        
      payments on unsecured debt
    		       -300,000,000    -83,373,000 -111,000 -110,000 -108,000 -325,211,000 0 -184,000,000   0 0 0 -100,000,000 0 -97,039,000 -156,983,000 -10,807,000 252,000 0 -29,488,000 -50,000,000 -239,801,000 -37,725,000 -164,202,000 -200,031,000 -85,125,000 -64,618,000 -34,973,000 -267,440,000 0 -75,000,000 0 -92,255,000    -24,820,000 -49,760,000 
      net proceeds from the issuance of unsecured debt
    		       298,776,000 0 211,320,000                                        
      net proceeds/(repayment) of commercial paper
    		120,000,000 -30,000,000 -39,900,000 40,000,000 -18,075,000 105,000,000 85,000,000 20,000,000 -30,000,000 -85,000,000                                        
      net proceeds/(repayment) of revolving bank debt
    		-14,529,000 -4,431,000 25,285,000 -25,503,000 22,467,000 -14,244,000 11,591,000 -10,210,000 -57,617,000 58,214,000 107,014,000 -73,652,000 40,000,000 -347,000,000 68,000,000 236,500,000  287,500,000 58,500,000 94,000,000    -224,000,000  357,000,000 -180,550,000 153,800,000     164,300,000                 
      repurchase of common shares
    		                                                 
      distributions paid to redeemable noncontrolling interests
    		-9,970,000 -9,982,000 -9,819,000 -10,504,000 -10,452,000 -8,178,000 -8,560,000 -8,517,000 -8,164,000 -7,618,000 -9,720,000 -7,085,000 -2,893,000 -2,613,000 -2,639,000 -2,509,000 -2,510,000 -2,360,000 -2,362,000 -2,263,000                              
      distributions paid to preferred stockholders
    		-1,199,000 -1,223,000 -1,185,000 -1,247,000 -1,210,000 -1,097,000 -1,122,000 -1,045,000 -1,100,000 -1,015,000 -1,077,000 -924,000 -930,000 -930,000 -931,000 -931,000 -931,000 -931,000 -931,000 -931,000 -931,000 -310,000 -3,405,000 -2,308,000 -2,308,000 -2,307,000 -2,328,000 -2,368,000 -2,369,000 -2,368,000 -2,372,000 -2,379,000 -2,803,000 -2,800,000 -2,800,000 -2,800,000 -2,800,000 -3,211,000 -3,209,000 -3,209,000 -3,209,000 -2,450,000 -3,811,000 -3,842,000    -3,842,000 -3,843,000 
      distributions paid to common stockholders
    		-142,459,000 -142,445,000 -140,729,000 -139,962,000 -138,247,000 -125,083,000 -129,565,000 -106,833,000 -106,165,000 -100,930,000 -112,719,000 -72,704,000 -72,710,000 -71,899,000 -71,867,000 -66,692,000 -66,358,000 -58,952,000 -59,043,000 -55,035,000 -55,032,000 -55,039,000 -50,085,000 -47,314,000 -43,512,000 -39,022,000 -34,262,000 -33,650,000 -33,522,000 -30,115,000 -29,038,000 -28,054,000 -27,556,000 -27,095,000 -47,800,000 -42,125,000 -38,096,000 -42,207,000 -42,693,000 -43,987,000 -44,460,000 -44,436,000 -44,769,000 -42,258,000    -40,229,000 -40,764,000 
      net cash provided by/(used in) financing activities
    		-120,671,000 -189,787,000 -176,138,000 -138,260,000 -188,946,000 -51,659,000 331,482,000 -154,215,000 -233,762,000 68,226,000 405,313,000 -70,609,000 -110,135,000 -26,052,000 -10,031,000 -55,430,000 -117,015,000 39,830,000           47,594,000 302,980,000      52,050,000              
      net increase/(decrease) in cash, cash equivalents, and restricted cash
    		1,137,000 1,788,000 -2,106,000 2,420,000 -2,900,000 -984,000 -10,158,000 10,429,000 -53,000 -10,362,000                                        
      cash, cash equivalents, and restricted cash, beginning of year
    		0 0 35,427,000 0 34,866,000 30,194,000 4,247,000 24,171,000 0 33,291,000                                        
      cash, cash equivalents, and restricted cash, end of period
    		1,137,000 1,788,000 33,321,000 2,420,000 31,966,000 29,210,000 -5,911,000 34,600,000 -53,000 22,929,000                                        
      supplemental information:
    		                                                 
      interest paid during the period, net of amounts capitalized
    		69,325,000 24,728,000 71,942,000 28,439,000 69,197,000 64,707,000 15,614,000 56,281,000 27,323,000 57,320,000 35,556,000 31,918,000  35,170,000 26,166,000 40,282,000  38,180,000 22,997,000 41,573,000 38,724,000 41,854,000 47,149,000 31,774,000  44,788,000                        
      cash paid for amounts included in the measurement of lease liabilities:
    		                                                 
      operating cash flows from operating leases
    		3,126,000 3,125,000 3,126,000 3,125,000 3,126,000 3,126,000 3,125,000 3,126,000                                          
      cash paid/(refunds received) for income taxes
    		90,000   949,000 -51,000 206,000 699,000 -36,000 1,001,000 323,000                                        
      non-cash transactions:
    		                                                 
      notes receivable settled in exchange for real estate owned
    		0                                                 
      conversion of note receivable to equity securities
    		0                                                 
      development costs and capital expenditures incurred, but not yet paid
    		12,202,000 7,115,000 16,318,000 -6,847,000 34,728,000 35,524,000 16,995,000 31,628,000                                          
      conversion of operating partnership and downreit partnership noncontrolling interests to common stock
    		4,472,000 4,714,000 2,219,000 5,188,000 7,288,000 386,000 4,083,000 4,497,000 3,420,000 7,830,000                                        
      dividends declared, but not yet paid
    		122,000 -94,000 153,756,000 6,000 151,512,000 148,409,000  116,693,000                                          
      the following reconciles cash, cash equivalents, and restricted cash to amounts as shown above:
    		                                                 
      cash, cash equivalents, and restricted cash, beginning of year:
    		                                                 
      cash and cash equivalents
    		0 0 1,326,000 0 2,922,000 1,193,000  1,409,000 0 8,106,000                                        
      restricted cash
    		0 0 34,101,000 0 31,944,000 29,001,000  22,762,000 0 25,185,000                                        
      total cash, cash equivalents, and restricted cash as shown above
    		0 0 35,427,000 0 34,866,000 30,194,000  24,171,000 0 33,291,000                                        
      cash, cash equivalents, and restricted cash, end of period:
    		                                                 
      cash, cash equivalents, and restricted cash, end of year:
    		                                                 
      provision/(recovery) for credit losses
    		                                                 
      acquisition of real estate assets
    		      -317,456,000 -23,693,000 0 -141,727,000        -77,793,000                                
      proceeds from the issuance of common shares through public offering
    		     -462,000     39,572,000 173,300,000 -120,000 101,392,000 -51,000 108,790,000 -142,000    -98,000 -205,000 555,818,000 200,623,000 15,444,000 539,204,000 230,938,000 94,168,000 -218,000 364,339,000 30,134,000 73,310,000                  
      cash, cash equivalents, and restricted cash, end of year
    		                                                 
      secured debt assumed upon acquisition of real estate assets
    		       58,464,000                                          
      op units issued for real estate
    		                                                 
      redeemable long-term and short-term incentive plan units
    		     6,989,000                                            
      distribution of equity securities from unconsolidated real estate technology investments
    		     7,749,000                                            
      contribution of operating properties to unconsolidated joint venture
    		                                                 
      transfer of preferred equity investment to note receivable
    		                                                 
      loss on extinguishment of debt
    		       41,950,000                                          
      payment of prepayment and extinguishment costs
    		       -40,769,000                                          
      acquisition of land parcel pursuant to a deed in lieu of foreclosure
    		                                                 
      cancellation of secured note receivable pursuant to a deed in lieu of foreclosure
    		                                                 
      redeemable long-term incentive plan units
    		                                                 
      return on investment in unconsolidated joint ventures
    		       1,094,000 275,000 1,741,000                                        
      investment in unconsolidated joint ventures
    		       -48,604,000 -3,902,000 -16,139,000 -38,612,000 -13,262,000 -22,035,000 -11,529,000 -158,615,000 -25,463,000 -55,770,000 -21,476,000 -17,229,000 -936,000 37,795,000 -23,382,000 -37,971,000 -259,156,000 -55,301,000 -14,264,000 -30,904,000 -2,341,000 -105,224,000 -16,000 -5,533,000 -148,000                  
      distributions received from unconsolidated joint ventures
    		       32,648,000 2,460,000 3,271,000 18,923,000 7,983,000 6,106,000 7,110,000 4,594,000 41,481,000 41,315,000 7,661,000 88,516,000 14,393,000                              
      transfer of investment in and advances to unconsolidated joint ventures to real estate owned
    		        0 14,700,000                                        
      acquisition of intellectual property in exchange for cancellation of secured note receivable
    		        0 2,250,000                                        
      recognition of allowance for credit losses
    		        0 2,182,000                                        
      vesting of ltip units
    		       14,578,000 0 23,018,000                                        
      recognition of operating lease right-of-use assets
    		                                                 
      recognition of operating lease liabilities
    		                                                 
      development costs and capital expenditures incurred but not yet paid
    		        832,000 25,568,000 -8,969,000 21,220,000                                      
      dividends declared but not yet paid
    		        -5,000 115,259,000                                        
      (gain)/loss on sale of real estate owned, net of tax
    		           -3,070,000 -172,635,000 0                                    
      tax (benefit)/provision
    		           -403,000 -1,424,000 -633,000 -1,404,000 -425,000                                  
      proceeds from sale of real estate investments
    		           21,951,000  0    47,922,000                                
      capital expenditures and other major improvements — real estate assets, net of escrow reimbursement
    		           -24,917,000 -33,281,000 -32,666,000 -27,022,000 -20,431,000 -14,347,000 -30,226,000 -60,130,000 -22,208,000 -37,234,000 -40,660,000 -41,086,000 -25,897,000   -22,185,000 -15,506,000 -21,296,000 -16,249,000 -25,525,000 -10,907,000 -21,522,000 -27,157,000 -26,455,000 -10,269,000 -22,106,000 -31,520,000 -37,749,000 -31,859,000 -42,662,000 -47,551,000 -54,172,000 -50,042,000    -48,006,000  
      (issuance)/repayment of notes receivable
    		            -1,200,000 0 0 -1,125,000                                  
      net increase/(decrease) in cash and cash equivalents
    		           -3,074,000 5,421,000 -1,669,000 -3,284,000 -8,950,000 619,000 -14,358,000                      56,968,000 866,000 -575,000      20,793,000  
      cash and cash equivalents, beginning of period
    		           6,742,000  0 0 15,224,000  30,249,000 0 12,115,000  0 0 12,503,000  0 0 9,486,000  0 0 5,985,000  0 0 12,740,000  0 0 3,219,000  0 0 2,143,000  0 0 15,543,000  
      cash and cash equivalents, end of period
    		           3,668,000  -1,669,000 -3,284,000 6,274,000  15,891,000 1,914,000 7,121,000  -101,735,000 180,554,000 3,558,000  -8,152,000 9,942,000 11,692,000  2,033,000 -11,846,000 19,920,000  19,971,000 -32,149,000 37,132,000  1,449,000 -58,775,000 60,187,000  -575,000 1,252,000 1,676,000  22,458,000 -30,046,000 36,336,000  
      acquisition of real estate
    		             0 0 24,067,000                                  
      fair value adjustment of debt acquired as part of acquisition of real estate
    		             0 0 1,363,000                                  
      conversion of operating partnership noncontrolling interest to common stock
    		                                                 
      adjustments to reconcile net income/(loss) to net cash from operating activities:
    		                                                 
      impairment loss, net of tax
    		                                                 
      acquisition of real estate assets (net of liabilities assumed) and initial capital expenditures
    		                    -91,376,000 -4,051,000       -4,885,000    0    -26,774,000 -267,718,000 -128,912,000 -513,134,000 -238,206,000 -74,223,000 -62,968,000 -60,600,000    -18,556,000  
      proceeds from the issuance of secured debt
    		                0 4,553,000   0 0 62,000 188,000 186,000 11,338,000 9,023,000 10,181,000 5,547,000 10,953,000 23,828,000 28,052,000 125,576,000 145,235,000 19,656,000 269,969,000 288,277,000 82,681,000 61,796,000 12,408,000 11,410,000 13,446,000 60,440,000 6,508,000 34,046,000 35,487,000 2,469,000 6,858,000  
      proceeds from the issuance of unsecured debt
    		            0    0    0 0 0 396,400,000 0 0   250,000,000 0 0 149,190,000     0 0 0 240,000,000 0 0 0 150,000,000 250,000,000 0   231,108,000 
      cash and cash equivalents, beginning of year
    		                                                 
      cash and cash equivalents, end of year
    		                                                 
      casualty-related (recoveries)/charges
    		             541,000 843,000 996,000 41,000 500,000                                
      gain/(loss) on sale of real estate owned, net of tax
    		                                                 
      tax benefit/(provision)
    		                                                 
      income from unconsolidated entities
    		                2,074,000 3,565,000 -515,000 2,802,000 2,757,000 719,000 2,412,000 2,691,000 2,092,000 1,580,000 1,348,000 1,332,000 1,447,000 835,000 1,185,000 737,000 478,000 16,742,000 728,000 717,000              
      payments for the repurchase of series g preferred stock
    		                    0 0   0 0                        
      acquisition of nonredeemable noncontrolling interests
    		                                                 
      gain on sale of real estate owned, net of tax
    		                 -24,294,000                                
      tax benefit
    		                 -3,329,000                                
      decrease/(increase) in operating assets
    		                       3,272,000                  -2,735,000        
      net proceeds of revolving bank debt
    		                                                 
      conversion of op units into common shares
    		                                                 
      transfer of real estate owned to investment in and advances to unconsolidated joint ventures
    		                                                 
      net cash from operating activities
    		                 82,521,000 105,729,000 66,660,000 71,925,000 97,312,000 78,090,000 70,014,000 61,315,000 67,846,000 67,122,000 47,953,000 56,691,000 55,710,000 60,269,000 41,510,000 39,733,000 65,656,000 52,437,000 71,557,000 44,350,000 54,043,000 54,562,000 26,799,000 55,503,000 77,136,000 81,594,000 36,345,000 65,165,000 67,366,000 64,865,000 32,217,000 77,726,000 
      issuance of notes receivable
    		                 -1,535,000 -500,000 -2,180,000                   -4,969,000 -7,152,000          
      net income
    		                                    -10,822,000 -8,373,000 865,000 725,259,000 103,991,000 78,829,000 6,697,000 31,832,000 25,060,000 59,352,000 32,186,000 12,007,000 72,648,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                 
      net gain on the sale of depreciable property, net of tax
    		                                                 
      hurricane-related (recoveries)/charges
    		                  -1,727,000 -548,000                              
      decrease in operating liabilities
    		                  10,123,000 -19,406,000 -3,295,000 15,829,000 314,000 -15,487,000   3,848,000 -12,897,000      13,687,000   18,389,000 17,305,000 115,000 -37,341,000  10,413,000 15,177,000 -28,689,000      
      net cash (used in)/provided by investing activities
    		                                -62,338,000   -99,215,000              
      net cash from financing activities
    		                  -168,919,000 29,363,000    145,394,000  744,726,000 152,022,000 11,111,000    29,794,000 3,636,000 60,112,000       -11,419,000 -225,488,000 -2,931,000 61,733,000    9,560,000  
      net (decrease)/increase in cash and cash equivalents
    		                       -8,945,000              1,449,000      -467,000      
      secured debt assumed in the acquisitions of properties, including asset exchange
    		                    0 0   30,852,000 0                        
      fair market value adjustment of secured debt assumed in acquisitions of properties, including asset exchange
    		                    0 0                            
      conversion of operating partnership redeemable noncontrolling interests to common stock
    		                  62,000 1,649,000                              
      net (loss)/income
    		                   -309,000                              
      adjustments to reconcile net (loss)/income to net cash from operating activities:
    		                                                 
      tax benefit of taxable reit subsidiary
    		                   -1,973,000    -22,876,000                          
      gain on debt extinguishment
    		                                                 
      capital expenditures related to rehabilitation of hurricane-damaged assets
    		                   -2,592,000                              
      net cash from investing activities
    		                   -101,017,000 -150,126,000   -224,353,000 33,602,000 -820,724,000 -209,202,000 -56,858,000    -57,369,000         -43,218,000 147,777,000 -77,411,000 -98,545,000    -20,984,000 -41,196,000 
      net decrease in cash and cash equivalents
    		                   -4,994,000                              
      net gain on sale of marketable securities
    		                        0 0                        
      net gain on sale of cost investments
    		                        -1,396,000                         
      net gain on the sale of depreciable property
    		                    -156,000 1,133,000 -172,006,000 -80,525,000  -11,364,000    -3,878,000                    
      (gain)/loss on debt extinguishment
    		                    0 8,000 4,143,000 -4,428,000                          
      amortization of deferred financing costs and other
    		                    -2,719,000 2,090,000 2,247,000 2,540,000 2,295,000 2,163,000 1,315,000 2,923,000 3,096,000 1,922,000 1,845,000 2,094,000 2,454,000 2,092,000 2,164,000 1,243,000 654,000 2,345,000 2,188,000 2,575,000 1,889,000 1,882,000 1,924,000 1,787,000 1,695,000 1,491,000    
      amortization of deferred compensation
    		                    860,000 832,000 4,736,000 2,313,000 2,165,000 2,545,000 2,449,000 2,656,000 2,332,000 3,071,000 3,110,000 2,898,000 1,743,000 1,666,000 1,857,000 2,339,000 1,678,000 1,812,000 1,790,000 1,744,000          
      hurricane-related charges
    		                                                 
      amortization of convertible debt discount
    		                        0 358,000 360,000 359,000 776,000 859,000 928,000 967,000                  
      changes in income tax accruals
    		                        413,000 23,000                        
      increase/decrease in operating assets
    		                                                 
      proceeds from sale of marketable securities
    		                         1,044,000 3,021,000 476,000                      
      payments related to the buyout of joint venture partner
    		                            0 0 0 -16,141,000                  
      cash paid in nonmonetary asset exchange
    		                        0                         
      (purchase)/issuance of note receivable
    		                                                 
      purchase deposits on pending real estate acquisitions
    		                        -76,987,000 40,766,000 -26,726,000 -17,450,000         234,000 5,050,000 -4,957,000 -1,021,000 7,273,000 -11,765,000 -1,300,000 -1,752,000      
      net (repayment)/borrowings of revolving bank debt
    		                    76,000,000                             
      payment of financing costs
    		                    40,000 -14,000 -121,000 -4,221,000 -9,273,000 -812,000 -3,011,000 -369,000 -3,204,000 -2,549,000 -725,000 -1,766,000 -3,383,000 -1,475,000 -462,000 -3,330,000 -3,745,000 -619,000 639,000 -2,977,000 663,000 -2,296,000 -3,417,000 -1,725,000    -827,000 -8,081,000 
      (forfeitures)/issuance of common and restricted stock
    		                    -19,000                             
      payment for redemption of op unitholder for cash
    		                                                 
      distributions paid to redeemable non-controlling interests
    		                                                 
      acquisition of nonredeemable non-controlling interests
    		                                                 
      net cash (used in)/provided by financing activities
    		                    7,939,000 -62,092,000                 -37,507,000 -547,323,000          
      contribution of purchase deposit made in 2011 to unconsolidated joint venture
    		                                                 
      conversion of operating partnership non-controlling interests to common stock
    		                    50,000 333,000   178,000 61,000    7,769,000 336,000 215,000  164,000                
      real estate acquired in asset exchange
    		                        0                         
      real estate disposed in asset exchange
    		                        0                         
      contingent consideration accrued in business combination
    		                        0                         
      op units issued in partial consideration for property acquisition
    		                         48,156,000                        
      secured debt transferred in asset exchange
    		                        0 0                        
      fair market value of land contributed by non-controlling interest
    		                        0                         
      non-cash consideration to acquire non-real estate asset
    		                        0                         
      retirement of fully depreciated assets
    		                            0 1,497,000 0 7,183,000                  
      tax (benefit)/expense of taxable reit subsidiary
    		                     -2,960,000                            
      increase in operating assets
    		                     1,534,000          2,044,000                  
      distributions received from unconsolidated joint venture
    		                     23,424,000 4,423,000 940,000  4,104,000 155,000 333,000  251,000 151,000 328,000                  
      issuance and purchase of note receivable
    		                     -24,589,000                            
      distributions paid to non-controlling interests
    		                     -2,268,000 -2,269,000 -2,231,000 -2,230,000 -5,765,000 -1,758,000 -1,194,000 -1,245,000 -384,000 -1,341,000 -1,344,000 -1,350,000 -1,766,000 245,000 -4,404,000              
      net increase in cash and cash equivalents
    		                     -101,735,000    -8,152,000 9,942,000 2,206,000    13,935,000    24,392,000              
      issuance of restricted stock awards
    		                       3,000 0 0 2,000 4,000 0 0 1,000 15,000 1,000 0 -2,000 3,000 2,000 -4,732,000 811,000 3,925,000  0 -2,447,000 2,449,000 -328,000 310,000    
      write off of bad debt
    		                      777,000 721,000 1,291,000 1,081,000 667,000 574,000 802,000 828,000 534,000 674,000 935,000 809,000 911,000 915,000              
      net repayment of revolving bank debt
    		                                                 
      issuance of common and restricted stock
    		                      -9,395,000 1,210,000 34,000 0 170,000 3,662,000 766,000 304,000 934,000 3,442,000 1,367,000                 
      issuance of note receivable
    		                       -13,200,000                          
      marketable securities sold prior to and settled subsequent to end of period
    		                           2,590,000                      
      consolidated net income/
    		                                                 
      net gains on the sale of depreciable property
    		                                62,000 -601,000   736,000 -6,705,000 -13,066,000 -767,146,000          
      gain on consolidation of joint ventures
    		                                                 
      write off of the fair market adjustment for debt paid off on consolidated joint venture
    		                                                 
      loss/(gain) on debt extinguishment
    		                            83,000 91,000                    
      write off of note receivable and other assets
    		                                265,000 137,000                
      (decrease)/increase in operating liabilities
    		                               -16,851,000                  
      proceeds from the sale of marketable securities
    		                                                 
      distributions received from/(paid to) unconsolidated joint venture
    		                                                 
      proceeds from note receivable
    		                                0 0   -26,000,000             
      disbursements related to notes receivable
    		                                                 
      purchase of marketable securities
    		                                1,000 -3,000 -3,000 -30,936,000              
      net (repayment)/proceeds of revolving bank debt
    		                            -80,850,000 -21,300,000 12,900,000 -68,300,000   10,000,000 51,100,000 -116,100,000 96,200,000 19,900,000 -309,500,000          
      repurchase of common stock
    		                                0 0 0 -798,000 0 -9,019,000 -29,192,000 -102,322,000  -19,015,000        
      interest paid during the year, net of amounts capitalized
    		                           42,498,000 39,760,000 41,433,000 40,562,000 38,429,000                  
      op units issued in partial consideration for property acquisitions
    		                                                 
      payment of special dividend through the issuance of 11,358,042 shares of common stock
    		                                                 
      consolidated net income
    		                         -13,786,000 14,909,000 -28,656,000  -24,605,000 -27,640,000 -25,026,000                  
      loss on debt extinguishment
    		                         -7,000 40,000 4,019,000                      
      (increase)/decrease in operating liabilities
    		                                                 
      fair market value of secured debt assumed in acquisitions of properties, including asset exchange
    		                                                 
      asset exchange cash paid
    		                                                 
      properties acquired, including intangibles in asset exchange
    		                                                 
      properties disposed in asset exchange, net of accumulated depreciation
    		                                                 
      net realized gain on sale of marketable securities
    		                           -3,123,000                      
      net (gain)/loss on the sale of depreciable property
    		                           -41,000                      
      prepayments on income taxes
    		                           503,000    502,000            325,000      
      consolidated net (loss)/income
    		                                -25,785,000 -39,755,000 -12,660,000 -13,423,000              
      net gains on the sale of land
    		                                    0 0 -8,000 -175,000          
      changes in income tax accrual
    		                            1,837,000 -2,410,000                    
      change in funds held in escrow from irc section 1031 exchanges
    		                                    0             
      payments from the repurchase of series g preferred stock
    		                                                 
      repayment from the investment of performance based programs
    		                                                 
      secured debt assumed with the acquisition of properties, net of fair value adjustment
    		                            0        0 27,000,000 0 68,728,000          
      issuance of note receivable upon the disposition of real estate
    		                                    0 0 0 200,000,000          
      increase in operating liabilities
    		                                                 
      payments on the repurchase of series g preferred stock
    		                             0                    
      decrease in operating assets
    		                                 -1,360,000 -2,202,000 11,051,000   2,051,000 609,000    5,882,000      
      net (loss)/gain on the sale of depreciable property
    		                               41,000                  
      gains on debt extinguishment
    		                                0 0 -2,736,000 -7,113,000 -20,784,000             
      net gains on the sale of depreciable property to a joint venture
    		                                                 
      prepayments/(refunds) on income taxes
    		                                1,008,000 719,000 713,000 414,000              
      investment in unconsolidated joint venture
    		                                -1,117,000 -6,530,000 -16,257,000 -1,084,000 -3,801,000 1,318,000 -376,000 463,000  -252,000 2,649,000 -5,929,000      
      (payments)/proceeds from the (repurchase)/issuance of series g preferred stock
    		                                                 
      payment of preferred stock issuance costs
    		                                        0 0        
      (repayment)/proceeds from the investment of performance based programs
    		                                    -178,000 -21,000            
      redemption of series b preferred stock
    		                                        0 0        
      real estate assets contributed
    		                                                 
      amortization of convertible debt premium
    		                                 967,000 1,053,000 1,296,000              
      proceeds from the issuance of common stock through public offering
    		                                                 
      proceeds from the redemption of series g preferred stock
    		                                                 
      repayment of the investment of performance based programs
    		                                                 
      interest paid during the period
    		                                 41,027,000 42,174,000 39,376,000 82,460,000 8,855,000 42,731,000 42,041,000  49,422,000 46,975,000 50,894,000 31,559,000 52,980,000 43,710,000 46,622,000 40,658,000 
      (payments on)/ proceeds from the issuance of common stock
    		                                                 
      adjustments to reconcile consolidated net (loss)/income to net cash from operating activities:
    		                                                 
      net income/(gains) on the sale of depreciable property
    		                                   168,000              
      write off of notes receivable and other assets
    		                                   439,000              
      (payments on)/proceeds from the issuance of common stock
    		                                   -335,000              
      conversion of operating partnership minority interests to common stock
    		                                   4,225,000 10,796,000 53,000 1,274,000 53,000  39,000 4,199,000 4,373,000 7,671,000 67,000    
      gains on the sale of technology investment
    		                                                 
      minority interests
    		                                    -2,218,000 -345,000 414,000 48,842,000 5,823,000 4,371,000 38,000 1,726,000 1,491,000 3,541,000    
      (refunds)/prepayments on income taxes
    		                                    -2,799,000 123,000 -3,238,000 -932,000          
      contributions to unconsolidated joint ventures
    		                                                 
      proceeds from the sale of technology investment
    		                                            0    0 
      purchase of capped call equity instrument
    		                                                 
      proceeds from the exercise of stock options
    		                                                 
      proceeds from the (redemption)/issuance of series g preferred stock
    		                                    0             
      purchase of minority interests owned by series a llc
    		                                                 
      distributions paid to minority interests
    		                                    -9,743,000 -2,930,000 -3,031,000 -2,962,000 -2,804,000 -2,987,000 -3,143,000 -3,165,000    -3,192,000 -3,535,000 
      non-cash transactions associated with consolidated joint venture:
    		                                                 
      real estate assets acquired
    		                                                 
      secured debt assumed
    		                                            -22,272,000 22,271,000    
      operating liabilities assumed
    		                                            -1,188,000 1,188,000    
      disbursements related to note receivable
    		                                                 
      proceeds from the issuance of common stock
    		                                     1,774,000 100,000 617,000 594,000 1,012,000 301,000 617,000 862,000 1,218,000 56,000 3,167,000 149,000 
      net cash (used in) financing activities
    		                                                 
      repayment of note receivable
    		                                          0 4,000,000  7,960,000 22,460,000 29,385,000  
      increase in funds held in escrow from irc section 1031 exchanges pending the acquisition of real estate
    		                                      116,502,000 -292,080,000   -407,000 -25,373,000      
      proceeds from the issuance of series g preferred stock
    		                                        0 0        
      (repayment)/proceeds of the investment of performance based programs
    		                                       -326,000          
      net gains on the sale of land and depreciable property
    		                                        -5,127,000 -86,804,000 -8,920,000 -41,532,000      
      net gain on the sale of depreciable property to a joint venture
    		                                                 
      cancellation of operating partnership units in connection with the sale of equity investment
    		                                                 
      gain on the sale of technology investment
    		                                                 
      gain on the sale of unconsolidated joint venture
    		                                                 
      distribution of earnings from unconsolidated joint venture
    		                                                 
      refunds/(prepayments) on income taxes
    		                                                 
      proceeds from the sale of real estate investments
    		                                                 
      collection of notes receivable
    		                                        0         
      distributions to consolidated joint venture partners
    		                                                 
      distribution of capital from unconsolidated joint venture
    		                                                0 
      (increase)/decrease in funds held in escrow from irc 1031 exchanges pending the acquisition of real estate
    		                                                 
      proceeds from the investment of performance based programs
    		                                        -37,000 0 -39,000 126,000      
      purchase of minority interest from outside partners
    		                                                0 
      conversion of operating partnership units to cash
    		                                                0 
      repurchases of common and preferred stock
    		                                                 
      gain on sale of technology investment
    		                                                 
      amortization of restricted stock expense
    		                                                 
      refund of income taxes paid
    		                                         855,000        
      net proceeds from revolving bank debt
    		                                         -39,200,000 72,800,000 48,900,000  22,200,000 17,200,000 73,400,000  
      collateral substitution deposit
    		                                                 
      proceeds from the issuance of performance shares
    		                                            0 83,000   -37,000 
      cancellation of performance shares
    		                                                 
      secured debt assumed with the acquisition of properties
    		                                         0 31,362,000 41,318,000      
      non-cash transactions associated with joint venture:
    		                                                 
      real estate asset acquired
    		                                             9,945,000    
      operating assets assumed
    		                                                 
      scheduled principal payments on secured debt
    		                                           -1,173,000    -955,000 -1,046,000 
      repayment of notes receivable
    		                                                 
      decrease/(increase) in funds held in escrow from tax free exchanges pending the acquisition of real estate
    		                                                 
      non-scheduled principal payments on secured debt
    		                                                0 
      proceeds from the repayment of officer loans
    		                                                 
      conversion of minority interests in series b, llc
    		                                                 
      issuance of operating partnership units in connection with acquisitions
    		                                                 
      cancellation of a note receivable with the acquisition of a property
    		                                                 
      receipt of a note receivable in connection with sales of real estate investments
    		                                                 
      deferred gain in connection with the sale of real estate investments
    		                                                 
      investment activities
    		                                                 
      acquisition of real estate assets (net of liabilities assumed and initial capital expenditures
    		                                                 
      capital expenditures and other major improvements—real estate assets, net of escrow reimbursement
    		                                                 
      capital expenditures—non-real estate assets
    		                                                 
      investment in consolidated joint venture
    		                                                 
      decrease in funds held in escrow from 1031 exchanges pending the acquisition of real estate
    		                                                 
      purchase of minority interests from outside partners
    		                                                 
      secured debt assumed with acquisition of a property
    		                                             0    
      deferred gain in connection with sales of real estate investments
    		                                                 
      investment in joint venture
    		                                                 
      increase in funds due to overnight investment
    		                                                 
      impairment loss on real estate and investments
    		                                                 
      repayment of notes receivables
    		                                                31,140,000 
      issuance of preferred stock in connection with acquisitions
    		                                                 
      issuance of preferred operating partnership units in connection with acquisitions
    		                                                 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.