| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues: | |||||||||
Lease income | |||||||||
1,094,301 | 1,083,770 | 950,186 | - | - | - | - | - | - | - |
Other property income | |||||||||
9,201 | 8,711 | 7,982 | - | - | - | - | - | - | - |
Management, transaction, and other fees | |||||||||
29,636 | 28,494 | 26,158 | - | - | - | - | - | - | - |
Total revenues | |||||||||
1,133,138 | 1,120,975 | 984,326 | - | - | - | - | - | - | - |
Operating expenses: | |||||||||
Depreciation and amortization | |||||||||
374,283 | 359,688 | 334,201 | - | - | - | - | - | - | - |
Operating and maintenance | |||||||||
169,909 | 168,034 | 143,990 | - | - | - | - | - | - | - |
General and administrative | |||||||||
74,984 | 65,491 | 67,624 | - | - | - | - | - | - | - |
Real estate taxes | |||||||||
136,236 | 137,856 | 109,723 | - | - | - | - | - | - | - |
Other operating expenses | |||||||||
7,814 | 9,737 | 89,225 | - | - | - | - | - | - | - |
Total operating expenses | |||||||||
763,226 | 740,806 | 744,763 | - | - | - | - | - | - | - |
Other expense (income): | |||||||||
Interest expense, net | |||||||||
151,264 | 148,456 | 132,629 | - | - | - | - | - | - | - |
Provision for impairment of real estate, net of tax | |||||||||
54,174 | 38,400 | 0 | - | 0 | - | - | 74,816 | 15,883 | 23,900 |
Income tax expense of taxable REIT subsidiary | |||||||||
- | - | - | - | - | - | - | - | - | -1,333 |
Gain on sale of real estate, net of tax | |||||||||
24,242 | 28,343 | 27,432 | 47,321 | 35,606 | 55,077 | 59,656 | - | - | - |
Early extinguishment of debt | |||||||||
-11,982 | -11,172 | -12,449 | - | - | - | - | - | - | - |
Net investment loss (income) | |||||||||
5,568 | -1,096 | 3,985 | - | - | - | - | - | - | - |
Total other expense (income) | |||||||||
-187,610 | -170,818 | -113,661 | - | - | - | - | - | - | - |
(Loss) income from operations before equity in income of investments in real estate partnerships | |||||||||
182,302 | 209,351 | 125,902 | - | - | - | - | - | - | - |
Equity in income of investments in real estate partnerships | |||||||||
60,956 | 42,974 | 43,341 | 56,518 | 22,508 | 31,270 | 31,718 | 23,807 | 9,643 | -12,884 |
Deferred income tax benefit of taxable REIT subsidiary | |||||||||
0 | 0 | -9,737 | - | - | - | - | - | - | - |
Gain on sale of real estate | |||||||||
- | - | - | - | - | - | - | 24,013 | - | - |
Net (loss) income | |||||||||
243,258 | 252,325 | 178,980 | - | - | - | - | - | - | - |
Noncontrolling interests: | |||||||||
Exchangeable operating partnership units | |||||||||
634 | 525 | 388 | - | - | - | - | - | - | - |
Limited partners’ interests in consolidated partnerships | |||||||||
3,194 | 2,673 | 2,515 | - | - | - | - | - | - | - |
Income attributable to noncontrolling interests | |||||||||
3,828 | 3,198 | 2,903 | - | - | - | - | - | - | - |
Income from operations before equity in income of investments in real estate partnerships and income taxes | |||||||||
182,302 | 209,351 | 125,902 | - | - | - | - | - | - | - |
Deferred income tax benefit of taxable REIT subsidiary | |||||||||
1,245 | 522 | -9,647 | -153 | -1,604 | 1,152 | 0 | 13,224 | 2,994 | - |
Net (loss) income attributable to common unit holders | |||||||||
239,430 | 249,127 | 176,077 | - | - | - | - | - | - | - |
Net income attributable to the Company | |||||||||
239,430 | 249,127 | 176,077 | - | - | - | - | - | - | - |
Preferred stock dividends and issuance costs | |||||||||
- | - | 16,128 | - | - | - | - | - | - | - |
Net income attributable to common stockholders | |||||||||
239,430 | 249,127 | 159,949 | - | - | - | - | - | - | - |
(Loss) income per common share - basic | |||||||||
1.43 | 1.47 | 1.00 | - | - | - | - | - | - | - |
(Loss) income per common share - diluted | |||||||||
1.43 | 1.46 | 1.00 | - | - | - | - | - | - | - |
Partnership Interest [Member] | |||||||||
Lease income | |||||||||
1,094,301 | 1,083,770 | 950,186 | - | - | - | - | - | - | - |
Other property income | |||||||||
9,201 | 8,711 | 7,982 | - | - | - | - | - | - | - |
Minimum rent | |||||||||
- | - | - | 444,305 | - | - | - | - | - | - |
Percentage rent | |||||||||
- | - | - | 4,128 | - | - | - | - | - | - |
Revenue from Contract with Customer, Including Assessed Tax | |||||||||
- | - | - | 140,611 | - | - | - | - | - | - |
Management, transaction, and other fees | |||||||||
29,636 | 28,494 | 26,158 | 25,327 | - | - | - | - | - | - |
Total revenues | |||||||||
1,133,138 | 1,120,975 | 984,326 | 614,371 | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
374,283 | 359,688 | 334,201 | 162,327 | - | - | - | - | - | - |
Direct Costs of Leased and Rented Property or Equipment | |||||||||
- | - | - | 95,022 | - | - | - | - | - | - |
Operating and maintenance | |||||||||
169,909 | 168,034 | 143,990 | - | - | - | - | - | - | - |
General and administrative | |||||||||
74,984 | 65,491 | 67,624 | 65,327 | - | - | - | - | - | - |
Real estate taxes | |||||||||
136,236 | 137,856 | 109,723 | 66,395 | - | - | - | - | - | - |
Other operating expenses | |||||||||
7,814 | 9,737 | 89,225 | 14,081 | - | - | - | - | - | - |
Total operating expenses | |||||||||
763,226 | 740,806 | 744,763 | 403,152 | - | - | - | - | - | - |
Interest expense, net | |||||||||
151,264 | 148,456 | 132,629 | 90,712 | - | - | - | - | - | - |
Asset Impairment Charges | |||||||||
- | - | - | 4,200 | - | - | - | - | - | - |
Provision for impairment of real estate, net of tax | |||||||||
54,174 | 38,437 | 0 | - | - | - | - | - | - | - |
Gain on sale of real estate, net of tax | |||||||||
24,242 | 28,343 | 27,432 | 47,321 | - | - | - | - | - | - |
Early extinguishment of debt | |||||||||
-11,982 | -11,172 | -12,449 | -14,240 | - | - | - | - | - | - |
Net investment loss (income) | |||||||||
5,568 | -1,096 | 3,985 | 1,672 | - | - | - | - | - | - |
Gain (Loss) on Derivative Instruments, Net, Pretax | |||||||||
- | - | - | -40,586 | - | - | - | - | - | - |
Total other expense (income) | |||||||||
-187,610 | -170,818 | -113,661 | -100,745 | - | - | - | - | - | - |
(Loss) income from operations before equity in income of investments in real estate partnerships | |||||||||
182,302 | 209,351 | 125,902 | 110,474 | - | - | - | - | - | - |
Equity in income of investments in real estate partnerships | |||||||||
60,956 | 42,974 | 43,341 | 56,518 | - | - | - | - | - | - |
Net (loss) income | |||||||||
243,258 | 252,325 | 178,980 | 166,992 | - | - | - | - | - | - |
Limited partners’ interests in consolidated partnerships | |||||||||
3,194 | 2,673 | 2,515 | 1,813 | - | - | - | - | - | - |
Income attributable to noncontrolling interests | |||||||||
3,194 | 2,673 | 2,515 | 1,813 | - | - | - | - | - | - |
Net income attributable to the Company | |||||||||
240,064 | 249,652 | 176,465 | 165,179 | - | - | - | - | - | - |
Income from operations before equity in income of investments in real estate partnerships and income taxes | |||||||||
182,302 | 209,351 | 125,902 | - | - | - | - | - | - | - |
Deferred income tax benefit of taxable REIT subsidiary | |||||||||
- | - | -9,737 | 0 | - | - | - | - | - | - |
Preferred unit distributions and issuance costs | |||||||||
- | - | 16,128 | 21,062 | - | - | - | - | - | - |
Net (loss) income attributable to common unit holders | |||||||||
240,064 | 249,652 | 160,337 | 144,117 | - | - | - | - | - | - |
Net income attributable to the Company | |||||||||
240,064 | 249,652 | 176,465 | - | - | - | - | - | - | - |
Continuing operations (in dollars per share) | |||||||||
- | - | - | 1.43 | - | - | - | - | - | - |
Continuing operations (in dollars per share) | |||||||||
- | - | - | 1.42 | - | - | - | - | - | - |
(Loss) income per common unit - basic | |||||||||
1.43 | 1.47 | 1.00 | - | - | - | - | - | - | - |
(Loss) income per common unit - diluted | |||||||||
1.43 | 1.46 | 1.00 | - | - | - | - | - | - | - |
Parent Company [Member] | |||||||||
Minimum rent | |||||||||
- | - | - | 444,305 | - | - | - | - | - | - |
Percentage rent | |||||||||
- | - | - | 4,128 | - | - | - | - | - | - |
Revenue from Contract with Customer, Including Assessed Tax | |||||||||
- | - | - | 140,611 | - | - | - | - | - | - |
Property Management Fee Revenue | |||||||||
- | - | - | 25,327 | - | - | - | - | - | - |
Total revenues | |||||||||
- | - | - | 614,371 | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
- | - | - | 162,327 | - | - | - | - | - | - |
Direct Costs of Leased and Rented Property or Equipment | |||||||||
- | - | - | 95,022 | - | - | - | - | - | - |
General and administrative | |||||||||
- | - | - | 65,327 | - | - | - | - | - | - |
Real estate taxes | |||||||||
- | - | - | 66,395 | - | - | - | - | - | - |
Other operating expenses | |||||||||
- | - | - | 14,081 | - | - | - | - | - | - |
Total operating expenses | |||||||||
- | - | - | 403,152 | - | - | - | - | - | - |
Interest Expense | |||||||||
- | - | - | 90,712 | - | - | - | - | - | - |
Asset Impairment Charges | |||||||||
- | - | - | 4,200 | - | - | - | - | - | - |
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes | |||||||||
- | - | - | 47,321 | - | - | - | - | - | - |
Gain (Loss) on Extinguishment of Debt | |||||||||
- | - | - | -14,240 | - | - | - | - | - | - |
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | |||||||||
- | - | - | 1,672 | - | - | - | - | - | - |
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net | |||||||||
- | - | - | -40,586 | - | - | - | - | - | - |
Nonoperating Income (Expense) | |||||||||
- | - | - | -100,745 | - | - | - | - | - | - |
Income from operations before equity in income of investments in real estate partnerships | |||||||||
- | - | - | 110,474 | - | - | - | - | - | - |
Income (Loss) from Equity Method Investments | |||||||||
- | - | - | 56,518 | - | - | - | - | - | - |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
- | - | - | 166,992 | - | - | - | - | - | - |
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Nonredeemable | |||||||||
- | - | - | 257 | - | - | - | - | - | - |
Limited partners’ interests in consolidated partnerships | |||||||||
- | - | - | 1,813 | - | - | - | - | - | - |
Net Income (Loss) Attributable to Noncontrolling Interest | |||||||||
- | - | - | 2,070 | - | - | - | - | - | - |
Net Income (Loss) Attributable to Parent | |||||||||
- | - | - | 164,922 | - | - | - | - | - | - |
Federal Income Tax Expense (Benefit), Continuing Operations | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Preferred stock dividends and issuance costs | |||||||||
- | - | - | 21,062 | - | - | - | - | - | - |
Net Income (Loss) Available to Common Stockholders, Basic | |||||||||
- | - | - | 143,860 | - | - | - | - | - | - |
Continuing operations (in dollars per share) | |||||||||
- | - | - | 1.43 | - | - | - | - | - | - |
Continuing operations (in dollars per share) | |||||||||
- | - | - | 1.42 | - | - | - | - | - | - |