| Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
|---|
| Rental revenues | 1,543.84 | 1,542.03 | 1,422.76 | 1,143.59 | 1,043.84 | 1,028.46 | 842.05 | 770.54 | 750.60 | 769.11 |
| Other property revenues | -- | -- | -- | -- | -- | -- | 112.46 | 130.36 | 125.85 | 123.82 |
| Total Revenues | 1,543.84 | 1,542.03 | 1,422.76 | 1,143.59 | 1,043.84 | 1,028.46 | 954.51 | 900.90 | 876.45 | 892.93 |
| Property operating and maintenance | 365.68 | 353.91 | 315.74 | 267.70 | 252.19 | 235.59 | 220.73 | 217.82 | 206.78 | 219.83 |
| Property management | -- | -- | -- | -- | -- | -- | -- | -- | 25.13 | -- |
| Real estate taxes | 193.12 | 195.01 | 182.34 | 149.32 | 142.64 | 130.76 | 122.85 | 110.93 | 104.58 | 101.89 |
| Depreciation and amortization | 582.01 | 574.81 | 577.02 | 420.69 | 367.16 | 336.27 | 300.95 | 263.97 | 250.15 | 257.08 |
| Amortization of deferred financing costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| General and administrative | 72.37 | 62.51 | 60.41 | 59.37 | 53.62 | 53.20 | 50.74 | 50.59 | 47.42 | 46.23 |
| Other expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Expense on deferred compensation plans | (12.63) | (15.40) | 19.64 | (14.37) | 12.05 | (21.69) | 6.54 | (16.61) | (5.51) | 0.26 |
| Property management | (38.33) | (33.71) | (28.60) | (26.34) | (24.20) | (25.29) | (25.58) | (25.77) | -- | (23.76) |
| Fee and asset management | (2.20) | (1.72) | (2.52) | (4.51) | (3.95) | (5.76) | (4.45) | (3.90) | (3.85) | (4.74) |
| Sale of technology investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest | 129.82 | 133.40 | 113.42 | 97.30 | 91.53 | 80.71 | 84.26 | 86.75 | 93.15 | 97.31 |
| Impairment provisions on technology investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment loss on land held for sale | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment associated with land holdings | 40.99 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Transaction compensation and merger expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain/Loss on sales of properties | 43.81 | 225.42 | 36.37 | 174.38 | 0.38 | 49.90 | -- | 43.23 | 295.40 | 104.29 |
| Equity in income of joint ventures | -- | -- | 3.05 | 9.78 | 8.05 | 14.78 | 7.84 | 6.82 | 7.13 | 6.17 |
| Gain on sale of unconsolidated joint venture interests | -- | -- | 474.15 | -- | -- | -- | -- | -- | -- | -- |
| Income allocated to minority interests : Distributions on perpetual preferred units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income allocated to minority interests : Income allocated to common units and other minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income allocated to minority interests : Original issuance costs of redeemed perpetual preferred units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest and other income | 4.42 | 0.88 | 3.02 | 1.22 | 2.95 | 3.09 | 2.10 | 3.01 | 2.20 | 0.60 |
| Other income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Non-property income- Fee and asset management | 7.14 | 3.45 | 5.19 | 10.53 | 10.80 | 8.70 | 7.23 | 8.18 | 6.86 | 7.00 |
| Income on deferred compensation plans | 12.63 | 15.40 | (19.64) | 14.37 | (12.05) | 21.69 | (6.54) | 16.61 | 5.51 | (0.26) |
| Losses related to early retirement of debt | (0.92) | (2.51) | -- | -- | (0.18) | (12.00) | -- | -- | -- | -- |
| Loss on discontinuation of hedging relationship | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on acquisition of controlling interest in joint ventures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss on early retirement of debt | -- | -- | -- | -- | -- | -- | -- | (0.32) | -- | -- |
| Income from continuing operations before income taxes | 173.77 | 414.20 | 664.47 | 314.27 | 130.55 | 225.36 | 162.12 | 202.08 | 457.00 | 260.13 |
| Income tax expense - current | 2.93 | 3.65 | 2.97 | 1.89 | 1.97 | 1.09 | 1.42 | 1.22 | 1.62 | 1.87 |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | 160.69 | 200.86 | 455.38 | 258.26 |
| Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 7.61 | -- |
| Gain on sale of discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 375.24 | -- |
| Income from discontinued operations allocated to common units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income before extraordinary charge | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Extraordinary Charge (early retirement of debt) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income before Preferred share dividends | 170.84 | 410.55 | 661.51 | 312.38 | 128.58 | 224.27 | 160.69 | 200.86 | 838.23 | 258.26 |
| Less net income allocated to noncontrolling interest | 7.55 | 7.24 | 7.90 | 8.47 | 4.67 | 4.65 | -- | -- | -- | -- |
| Less (income)loss allocated to noncontrolling interests from continuing operations | -- | -- | -- | -- | -- | -- | 4.57 | 4.44 | 18.40 | 8.95 |
| Less income allocated to noncontrolling interests from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Preferred share dividends | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Less income allocated to perpetual preferred units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Less write off of original issuance costs of redeemed perpetual preferred units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Amount allocated to participating securities | -- | -- | -- | 0.55 | 0.26 | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 163.29 | 403.31 | 653.61 | 303.36 | 123.65 | 219.62 | 156.13 | 196.42 | 819.82 | 249.32 |
| Net income (loss) available to common shareholders (Diluted) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS(Basic) : Continuing operations | -- | -- | -- | -- | -- | -- | 1.63 | 2.14 | 4.81 | 2.77 |
| EPS(Basic) : Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 4.27 | -- |
| EPS(Basic) : Extraordinary charge (early retirement of debt) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 1.50 | 3.71 | 6.07 | 2.97 | 1.24 | 2.23 | 1.63 | 2.14 | 9.08 | 2.77 |
| EPS(Diluted) : Continuing operations | -- | -- | -- | -- | -- | -- | 1.63 | 2.13 | 4.79 | 2.76 |
| EPS(Diluted) : Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 4.26 | -- |
| EPS(Diluted) : Extraordinary charge (early retirement of debt) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 1.50 | 3.70 | 6.04 | 2.96 | 1.24 | 2.22 | 1.63 | 2.13 | 9.05 | 2.76 |
| Weighted Average Shares Outstanding (Basic) | 108.49 | 108.65 | 107.61 | 102.00 | 99.39 | 98.46 | 95.21 | 91.50 | 89.58 | 89.12 |
| Weighted Average Shares Outstanding (Diluted) | 108.54 | 109.40 | 108.39 | 102.83 | 99.44 | 99.38 | 95.37 | 92.52 | 89.90 | 89.49 |
| Funds from operations (FFO) | 738.02 | 747.88 | 719.61 | 559.35 | 495.73 | 505.39 | 463.98 | 424.07 | 425.46 | 414.50 |