| Fiscal period | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|
| Period End Date | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 |
|---|
| Base rent | 234.52 | 220.28 | 223.35 | 221.73 | 218.19 | 172.38 | 168.30 | 164.60 | 159.90 | 152.78 |
| Percentage rent | -- | -- | -- | -- | -- | 1.38 | 1.61 | 1.49 | 1.58 | 1.55 |
| Expense recoveries | -- | -- | -- | -- | -- | 34.27 | 32.91 | 32.13 | 30.95 | 30.39 |
| Other | 4.71 | 4.93 | 8.17 | 5.49 | 8.11 | 8.99 | 6.26 | 8.87 | 5.48 | 5.38 |
| Total Revenues | 239.23 | 225.21 | 231.53 | 227.22 | 226.30 | 217.02 | 209.08 | 207.09 | 197.90 | 190.09 |
| Property operating expenses | 32.88 | 28.86 | 29.95 | 28.20 | 27.69 | 27.53 | 26.57 | 26.48 | 24.56 | 23.79 |
| Real estate taxes | 28.75 | 29.56 | 27.99 | 27.38 | 27.00 | 24.68 | 23.66 | 22.35 | 22.42 | 22.33 |
| Depreciation and amortization of deferred leasing costs | 50.27 | 51.13 | 46.33 | 45.86 | 45.69 | 44.42 | 43.27 | 41.20 | 49.13 | 40.11 |
| Amortization of deferred debt expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| General and administrative | 20.25 | 19.11 | 20.79 | 18.46 | 18.18 | 17.50 | 16.35 | 16.96 | 14.95 | 14.27 |
| Acquisition related costs | -- | -- | -- | -- | -- | 0.06 | 0.08 | 0.95 | 0.11 | 1.13 |
| Provision for credit losses | -- | -- | -- | -- | -- | -- | (0.92) | (0.68) | (0.97) | (1.15) |
| Interest expense and amortization of deferred debt | (45.42) | (46.52) | (41.83) | (44.77) | (47.15) | (45.68) | (45.17) | (46.03) | (46.59) | (49.54) |
| Provision for credit losses | -- | -- | -- | -- | -- | (1.49) | -- | -- | -- | -- |
| Predevelopment expenses | -- | -- | -- | -- | -- | -- | (0.13) | (0.50) | (3.91) | (2.67) |
| Other revenue | -- | -- | -- | -- | -- | 0.05 | -- | -- | -- | -- |
| Total operating expenses | 177.58 | 175.17 | 166.89 | 164.67 | 165.70 | 107.66 | 156.15 | 155.16 | 162.63 | 155.00 |
| Operating Income (loss) | -- | -- | -- | -- | -- | 55.71 | 52.93 | 51.93 | 35.27 | 35.10 |
| Acquisition related costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Non-operating item Gain on sale of property | -- | 0.28 | -- | 0.51 | -- | -- | -- | -- | -- | -- |
| Loss on early extinguishment of debt | -- | -- | -- | -- | -- | -- | -- | -- | (0.50) | 0.00 |
| Gain on casualty settlement | -- | -- | -- | -- | -- | -- | -- | -- | 0.08 | 0.22 |
| Decrease in fair value of derivatives | -- | -- | (0.44) | 0.00 | 0.07 | (0.01) | (0.01) | (0.01) | (0.01) | 0.04 |
| Operating income before minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority share of income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Distributions in excess of earnings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 35.35 |
| Gain on sale of property | -- | -- | -- | -- | -- | 1.01 | 0.01 | 6.07 | -- | 4.51 |
| (Loss) income from operations of property sold | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.08) |
| Net income (loss) | 61.65 | 50.32 | 64.20 | 63.06 | 60.67 | 56.72 | 52.93 | 57.99 | 34.84 | 39.78 |
| Income attributable to the noncontrolling interest | 13.26 | 9.93 | 12.47 | 12.51 | 12.41 | 11.44 | 10.46 | 11.05 | 3.97 | 6.41 |
| Continuing Operations-Preferred dividends | -- | -- | -- | -- | 12.38 | -- | 12.38 | 13.36 | 13.98 | 15.14 |
| Preferred stock redemption | 11.19 | 11.19 | 12.24 | 12.26 | -- | 12.38 | -- | 1.48 | 5.23 | -- |
| Extinguishment of issuance costs upon redemption of preferred shares | 0.00 | 0.00 | 3.24 | 2.33 | 0.00 | -- | -- | -- | -- | -- |
| Net income available to common stockholders | 37.20 | 29.19 | 36.25 | 35.96 | 35.88 | 32.90 | 30.09 | 32.10 | 11.66 | 18.23 |
| EPS (Basic) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.70 |
| Discontinued operations, including gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.23 |
| Per share net income available to common stockholders - Basic | 1.57 | 1.25 | 1.58 | 1.61 | 1.64 | 1.53 | 1.42 | 1.55 | 0.57 | 0.93 |
| EPS (Diluted) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.70 |
| Discontinued operations, including gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.23 |
| Per share net income available to common stockholders - Diluted | 1.57 | 1.25 | 1.57 | 1.60 | 1.63 | 1.52 | 1.42 | 1.54 | 0.57 | 0.93 |
| Weighted average common shares outstanding - Basic | 32.03 | 31.27 | 30.87 | 22.38 | 21.90 | 21.51 | 21.13 | 20.77 | 20.36 | 19.65 |
| Weighted average common shares outstanding - Diluted | 33.10 | 31.27 | 30.91 | 22.43 | 22.01 | 21.62 | 21.20 | 20.82 | 20.40 | 19.70 |
| Funds From operations | 111.92 | 101.16 | 110.53 | 93.82 | 93.99 | 100.12 | 96.19 | 93.12 | 83.90 | 75.24 |