| Sep'10 | Jun'10 | Mar'10 | Dec'09 | Sep'09 | Jun'09 | Mar'09 | Sep'08 | Jun'08 |
|---|---|---|---|---|---|---|---|---|
Minimum rents | ||||||||
487,433 | 484,459 | 492,758 | 504,759 | 489,472 | 498,708 | 499,107 | 514,186 | 507,099 |
Tenant recoveries | ||||||||
217,906 | 215,587 | 214,251 | 208,845 | 217,040 | 224,691 | 233,019 | 231,548 | 231,548 |
Overage rents | ||||||||
10,333 | 7,447 | 10,346 | 26,091 | 10,408 | 5,782 | 10,025 | 14,563 | 10,892 |
Land and condominium sales | ||||||||
20,290 | 59,965 | 5,070 | 7,154 | 7,409 | 22,448 | 8,986 | 6,158 | 15,855 |
Management fees and other corporate revenues | ||||||||
14,075 | 15,902 | 18,086 | 7,699 | 16,851 | 18,860 | 21,858 | 21,561 | 21,918 |
Other | ||||||||
19,655 | 21,957 | 20,726 | 39,570 | 19,781 | 21,606 | 15,645 | 26,685 | 28,306 |
Total revenues | ||||||||
769,692 | 805,317 | 761,237 | 794,118 | 760,961 | 792,095 | 788,640 | 814,701 | 815,618 |
Real estate taxes | ||||||||
71,339 | 71,062 | 72,095 | 70,453 | 69,925 | 68,959 | 71,558 | 68,128 | 69,004 |
Property maintenance costs | ||||||||
27,176 | 26,188 | 35,844 | 154,920 | 28,246 | 22,100 | 27,358 | 57,725 | 56,997 |
Marketing | ||||||||
9,043 | 6,250 | 7,081 | 12,523 | 7,358 | 6,906 | 7,576 | 10,425 | 8,776 |
Other property operating costs | ||||||||
132,441 | 128,201 | 127,071 | 21,919 | 136,235 | 126,479 | 131,699 | 116,329 | 104,198 |
Land and condominium sales operations | ||||||||
19,770 | 59,065 | 10,167 | 8,761 | 9,582 | 21,850 | 10,614 | 8,513 | 15,211 |
Provision for doubtful accounts | ||||||||
5,628 | 3,619 | 6,327 | 5,227 | 5,925 | 8,847 | 10,332 | 5,938 | 6,287 |
Property management and other costs | ||||||||
41,057 | 48,517 | 35,432 | 46,392 | 44,876 | 42,200 | 43,408 | 38,813 | 54,804 |
General and administrative | ||||||||
9,401 | 5,668 | 7,638 | 6,168 | 8,324 | 6,591 | 7,525 | 5,259 | 4,416 |
Strategic initiatives | ||||||||
- | - | - | 0 | 3,328 | 25,713 | 38,300 | - | - |
Provisions for impairment | ||||||||
4,620 | 19,923 | 11,350 | 749,389 | 60,940 | 82,388 | 331,093 | 55,514 | 236 |
Depreciation and amortization | ||||||||
175,336 | 175,318 | 177,302 | 179,058 | 185,016 | 186,472 | 204,615 | 190,386 | 191,242 |
Total expenses | ||||||||
495,811 | 543,811 | 490,307 | 1,254,810 | 559,755 | 598,505 | 884,078 | 557,030 | 511,171 |
Operating income | ||||||||
273,881 | 261,506 | 270,930 | -460,692 | 201,206 | 193,590 | -95,438 | 257,671 | 304,447 |
Interest income | ||||||||
274 | 137 | 676 | 1,567 | 523 | 501 | 730 | 950 | 1,449 |
Interest expense | ||||||||
413,237 | 301,726 | 335,278 | 328,086 | 326,357 | 328,351 | 328,489 | 330,687 | 319,303 |
Loss before income taxes, noncontrolling interests, equity in income of Unconsolidated Real Estate Affiliates and reorganization items | ||||||||
-139,082 | -40,083 | -63,672 | -787,211 | -124,628 | -134,260 | -423,197 | -72,066 | -13,407 |
(Provision for) benefit from income taxes | ||||||||
1,913 | 14,234 | 3,650 | -4,408 | -14,430 | 15,742 | -11,514 | -14,841 | 6,866 |
Equity in income of Unconsolidated Real Estate Affiliates | ||||||||
9,789 | 16,901 | 33,751 | -34,583 | 15,341 | 16,339 | 7,538 | 16,939 | 21,145 |
Reorganization items | ||||||||
102,517 | 80,111 | -89,412 | - | 22,597 | 24,918 | - | - | - |
Loss from continuing operations | ||||||||
-233,723 | -117,527 | 55,841 | -623,681 | -117,454 | -158,581 | -404,145 | -40,286 | 872 |
Discontinued operations - gain (loss) on dispositions | ||||||||
- | - | - | -940 | 29 | 0 | -55 | 18,023 | 37,060 |
Net loss | ||||||||
-233,723 | -117,527 | 55,841 | -624,621 | -117,425 | -158,581 | -404,200 | -22,263 | 37,932 |
Allocation to noncontrolling interests | ||||||||
-2,538 | -1 | 4,185 | -12,263 | 422 | -179 | -8,118 | -1,404 | 9,181 |
Net loss attributable to common stockholders | ||||||||
-231,185 | -117,526 | 51,656 | -612,358 | -117,847 | -158,402 | -396,082 | -20,859 | 28,751 |
Continuing operations (in dollars per share) | ||||||||
-0.73 | -0.37 | 0.16 | -1.95 | -0.38 | -0.51 | -1.27 | -0.13 | - |
Discontinued operations (in dollars per share) | ||||||||
0.00 | 0.00 | 0.00 | - | - | 0.00 | - | 0.05 | 0.12 |
Total basic loss per share (in dollars per share) | ||||||||
-0.73 | -0.37 | 0.16 | -1.95 | -0.38 | -0.51 | -1.27 | -0.08 | 0.12 |
Continuing operations (in dollars per share) | ||||||||
-0.73 | -0.37 | 0.16 | -1.95 | -0.38 | -0.51 | -1.27 | -0.13 | - |
Discontinued operations (in dollars per share) | ||||||||
0.00 | 0.00 | 0.00 | - | - | - | - | 0.05 | 0.12 |
Total diluted loss per share (in dollars per share) | ||||||||
-0.73 | -0.37 | 0.16 | -1.95 | -0.38 | -0.51 | -1.27 | -0.08 | 0.12 |
Dividends declared per share (in dollars per share) | ||||||||
0.00 | 0.00 | 0.00 | - | - | 0.00 | - | 0.50 | 0.50 |
Net loss | ||||||||
-233,723 | -117,527 | 55,841 | -624,621 | -117,425 | -158,581 | -404,200 | -22,263 | 37,932 |
Net unrealized (losses) gains on financial instruments | ||||||||
-227 | 4,251 | 3,928 | 4,469 | 6,055 | 5,515 | 2,109 | -2,641 | 2,596 |
Accrued pension adjustment | ||||||||
88 | -311 | 411 | 277 | 162 | 223 | 101 | -340 | -78 |
Foreign currency translation | ||||||||
16,291 | -3,672 | -4,868 | 3,876 | 17,448 | 27,966 | -2,282 | -35,138 | 20,419 |
Unrealized gains on available-for-sale securities | ||||||||
5 | -3 | 4 | 417 | 6 | 89 | 21 | 6 | -2 |
Other comprehensive income | ||||||||
16,157 | 265 | -525 | 9,039 | 23,671 | 33,793 | -51 | -38,113 | 22,935 |
Comprehensive loss | ||||||||
-217,566 | -117,262 | - | - | -93,754 | -124,788 | - | - | - |
Other comprehensive loss allocated to noncontrolling interests | ||||||||
354 | 6 | -11 | 205 | 537 | 767 | 9,064 | -6,223 | 3,665 |
Adjustment for noncontrolling interests | ||||||||
0 | - | - | - | - | - | - | - | - |
Comprehensive loss, net, attributable to common stockholders | ||||||||
-217,920 | -117,268 | 55,327 | -615,787 | -94,291 | -125,555 | -413,315 | -54,153 | 57,202 |