| Sep'10 | Jun'10 | Mar'10 | Dec'09 | Sep'09 | Jun'09 | Mar'09 | Sep'08 | Jun'08 |
|---|---|---|---|---|---|---|---|---|
Minimum rents | ||||||||
1,969,409 | 1,971,448 | 1,985,697 | 1,992,046 | 2,001,473 | 2,019,100 | 0 | 0 | 0 |
Tenant recoveries | ||||||||
856,589 | 855,723 | 864,827 | 883,595 | 906,298 | 920,806 | 0 | 0 | 0 |
Overage rents | ||||||||
54,217 | 54,292 | 52,627 | 52,306 | 40,778 | 41,262 | 0 | 0 | 0 |
Land and condominium sales | ||||||||
92,479 | 79,598 | 42,081 | 45,997 | 45,001 | 53,447 | 0 | 0 | 0 |
Management fees and other corporate revenues | ||||||||
55,762 | 58,538 | 61,496 | 65,268 | 79,130 | 84,197 | 0 | 0 | 0 |
Other | ||||||||
101,908 | 102,034 | 101,683 | 96,602 | 83,717 | 92,242 | 0 | 0 | 0 |
Total revenues | ||||||||
3,130,364 | 3,121,633 | 3,108,411 | 3,135,814 | 3,156,397 | 3,211,054 | 0 | 0 | 0 |
Real estate taxes | ||||||||
284,949 | 283,535 | 281,432 | 280,895 | 278,570 | 277,649 | 0 | 0 | 0 |
Property maintenance costs | ||||||||
244,128 | 245,198 | 241,110 | 232,624 | 135,429 | 164,180 | 0 | 0 | 0 |
Marketing | ||||||||
34,897 | 33,212 | 33,868 | 34,363 | 32,265 | 33,683 | 0 | 0 | 0 |
Other property operating costs | ||||||||
409,632 | 413,426 | 411,704 | 416,332 | 510,742 | 478,705 | 0 | 0 | 0 |
Land and condominium sales operations | ||||||||
97,763 | 87,575 | 50,360 | 50,807 | 50,559 | 56,188 | 0 | 0 | 0 |
Provision for doubtful accounts | ||||||||
20,801 | 21,098 | 26,326 | 30,331 | 31,042 | 31,404 | 0 | 0 | 0 |
Property management and other costs | ||||||||
171,398 | 175,217 | 168,900 | 176,876 | 169,297 | 179,225 | 0 | 0 | 0 |
General and administrative | ||||||||
28,875 | 27,798 | 28,721 | 28,608 | 27,699 | 23,791 | 0 | 0 | 0 |
Strategic initiatives | ||||||||
- | - | - | 67,341 | 0 | 0 | 0 | - | - |
Provisions for impairment | ||||||||
785,282 | 841,602 | 904,067 | 1,223,810 | 529,935 | 469,231 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||
707,014 | 716,694 | 727,848 | 755,161 | 766,489 | 772,715 | 0 | 0 | 0 |
Total expenses | ||||||||
2,784,739 | 2,848,683 | 2,903,377 | 3,297,148 | 2,599,368 | 2,550,784 | 0 | 0 | 0 |
Operating income | ||||||||
345,625 | 272,950 | 205,034 | -161,334 | 557,029 | 660,270 | 0 | 0 | 0 |
Interest income | ||||||||
2,654 | 2,903 | 3,267 | 3,321 | 2,704 | 3,630 | 0 | 0 | 0 |
Interest expense | ||||||||
1,378,327 | 1,291,447 | 1,318,072 | 1,311,283 | 1,313,884 | 1,306,830 | 0 | 0 | 0 |
Loss before income taxes, noncontrolling interests, equity in income of Unconsolidated Real Estate Affiliates and reorganization items | ||||||||
-1,030,048 | -1,015,594 | -1,109,771 | -1,469,296 | -754,151 | -642,930 | 0 | 0 | 0 |
(Provision for) benefit from income taxes | ||||||||
15,389 | -954 | 554 | -14,610 | -25,043 | -3,747 | 0 | 0 | 0 |
Equity in income of Unconsolidated Real Estate Affiliates | ||||||||
25,858 | 31,410 | 30,848 | 4,635 | 56,157 | 61,961 | 0 | 0 | 0 |
Reorganization items | ||||||||
115,813 | 38,214 | 0 | - | 0 | 0 | - | - | - |
Loss from continuing operations | ||||||||
-919,090 | -802,821 | -843,875 | -1,303,861 | -720,466 | -602,140 | 0 | 0 | 0 |
Discontinued operations - gain (loss) on dispositions | ||||||||
- | - | - | -966 | 17,997 | 55,028 | 0 | 0 | 0 |
Net loss | ||||||||
-920,030 | -803,732 | -844,786 | -1,304,827 | -702,469 | -547,112 | 0 | 0 | 0 |
Allocation to noncontrolling interests | ||||||||
-10,617 | -7,657 | -7,835 | -20,138 | -9,279 | -520 | 0 | 0 | 0 |
Net loss attributable to common stockholders | ||||||||
-909,413 | -796,075 | -836,951 | -1,284,689 | -693,190 | -546,592 | 0 | 0 | 0 |
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 | ||||||||
-920,030 | -803,732 | -844,786 | -1,304,827 | -702,469 | -547,112 | 0 | 0 | 0 |
Net unrealized (losses) gains on financial instruments | ||||||||
12,421 | 18,703 | 19,967 | 18,148 | 11,038 | 7,579 | 0 | 0 | 0 |
Accrued pension adjustment | ||||||||
465 | 539 | 1,073 | 763 | 146 | -94 | 0 | 0 | 0 |
Foreign currency translation | ||||||||
11,627 | 12,784 | 44,422 | 47,008 | 7,994 | 10,965 | 0 | 0 | 0 |
Unrealized gains on available-for-sale securities | ||||||||
423 | 424 | 516 | 533 | 122 | 114 | 0 | 0 | 0 |
Other comprehensive income | ||||||||
24,936 | 32,450 | 65,978 | 66,452 | 19,300 | 18,564 | 0 | 0 | 0 |
Comprehensive loss | ||||||||
0 | 0 | - | - | 0 | 0 | - | - | - |
Other comprehensive loss allocated to noncontrolling interests | ||||||||
554 | 737 | 1,498 | 10,573 | 4,145 | 7,273 | 0 | 0 | 0 |
Adjustment for noncontrolling interests | ||||||||
0 | - | - | - | - | - | - | - | - |
Comprehensive loss, net, attributable to common stockholders | ||||||||
-895,648 | -772,019 | -780,306 | -1,248,948 | -687,314 | -535,821 | 0 | 0 | 0 |