| 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 |
|---|
| Rental Operations: Rental revenue from continuing operations | 1,025.66 | 929.19 | 855.83 | 785.32 | 686.51 | 813.43 | 816.07 | 940.20 | 875.19 | 834.37 |
| Service operations: Property management, maintenance and leasing fees | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Service operations: Other income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Service operations: Construction management and development activity income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Rental Operations: Equity in earnings of unconsolidated companies | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Service operations: General contractor net revenue | 80.26 | 64.00 | 117.93 | 162.55 | 94.42 | 88.81 | 133.37 | 224.50 | 206.60 | 275.07 |
| Service operations: Service fee revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Service operations: Gain on sale of service operations properties | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Revenues | 1,105.92 | 993.20 | 973.76 | 947.87 | 780.93 | 902.24 | 949.43 | 1,164.70 | 1,081.79 | 1,109.44 |
| Rental expenses | 85.78 | 76.64 | 75.58 | 73.08 | 64.58 | 107.41 | 125.67 | 168.64 | 159.01 | 153.14 |
| Real estate taxes | 159.58 | 149.30 | 129.52 | 125.27 | 108.96 | 118.65 | 112.88 | 128.56 | 117.75 | 113.64 |
| Service operations: General contractor costs | 68.12 | 57.98 | 111.57 | 153.91 | 89.46 | 80.47 | 119.17 | 200.03 | 183.83 | 254.87 |
| Depreciation and amortization | 362.15 | 353.01 | 327.22 | 312.22 | 273.56 | 317.82 | 317.33 | 384.41 | 393.45 | 375.97 |
| General and administrative expense | 69.55 | 62.40 | 60.89 | 56.22 | 54.94 | 55.39 | 58.57 | 49.36 | 42.67 | 46.42 |
| Other operating expenses | -- | -- | (5.32) | (3.59) | (2.55) | (3.86) | (5.95) | (0.23) | 0.47 | (0.63) |
| Operating expenses | (3.61) | (8.21) | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment charges | 0.00 | (5.63) | -- | -- | (4.48) | (18.02) | (22.93) | (49.11) | (3.78) | 0.00 |
| Earnings from sales of land, net | -- | -- | -- | -- | -- | -- | -- | -- | 9.55 | -- |
| Impairment charges and other expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Undeveloped land carrying costs | -- | -- | -- | -- | -- | -- | -- | (6.96) | (8.61) | (8.83) |
| Gain on disposition of Build-for-Sale properties, net of tax | 585.69 | 127.70 | 234.65 | 204.99 | 113.67 | 162.09 | 229.70 | 162.72 | 59.18 | 0.34 |
| Equity in earnings of unconsolidated companies | 32.80 | 11.94 | 31.41 | 21.44 | 63.31 | 47.40 | (3.30) | 94.32 | 54.12 | 4.67 |
| Gain on land sales | 12.92 | 10.46 | 7.45 | 10.33 | 9.24 | 9.87 | 35.05 | 10.44 | -- | -- |
| Gain on dissolution of unconsolidated company | -- | -- | -- | -- | -- | 30.70 | -- | -- | -- | -- |
| Promote income | -- | -- | -- | -- | 20.01 | 26.30 | -- | -- | -- | -- |
| Non-incremental costs related to successful leases | (13.30) | (12.29) | (12.40) | -- | -- | -- | -- | -- | -- | -- |
| TOTAL OPERATING EXPENSE | 544.94 | 61.57 | 194.90 | 176.96 | -- | 199.09 | 174.01 | 161.81 | 68.25 | -- |
| Operating Income (Loss) | 975.24 | 417.85 | 524.76 | 460.36 | 388.62 | 476.98 | -- | 444.87 | 296.00 | 160.96 |
| Interest expense | 84.84 | 93.44 | 89.76 | 85.01 | 87.00 | 141.58 | 173.57 | 219.61 | 228.90 | 245.17 |
| Acquisition costs | -- | -- | -- | -- | 0.00 | 7.18 | (8.50) | (1.10) | (3.09) | (4.19) |
| Earnings from sale of land, net of impairment adjustments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss on business combinations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest and other income, net | 4.45 | 1.72 | 9.94 | 17.23 | 14.72 | 4.04 | 4.67 | 1.25 | 1.89 | 0.51 |
| Other expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on involuntary conversion | 3.22 | 4.31 | 2.26 | -- | -- | -- | -- | -- | -- | -- |
| Gain on extinguishment of debt | (17.90) | (32.90) | (6.32) | (0.39) | (26.10) | (33.93) | (85.71) | (0.28) | (9.43) | -- |
| Gain on debt transactions | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income (loss) from continuing operations before income taxes | 880.17 | 297.54 | 440.89 | 392.20 | 290.24 | 312.68 | 185.28 | 225.13 | 56.47 | (87.89) |
| Income tax benefit (expense) | 18.55 | (5.11) | 8.69 | 8.83 | (0.36) | (0.59) | (3.93) | (0.84) | (5.08) | (0.10) |
| Minority interest in earnings of common unitholders | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other minority interest in earnings of subsidiaries | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in earnings of preferred unitholders | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | 861.62 | 302.65 | 432.20 | 383.37 | 290.59 | 313.27 | 189.21 | 225.97 | 61.55 | (87.79) |
| Discontinued operations: Impairment charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income tax expense | -- | -- | -- | -- | (12.47) | -- | -- | -- | -- | -- |
| Discontinued operations: Net income from discontinued operations, net of minority interest | -- | -- | -- | 0.11 | 18.44 | 0.99 | 10.94 | 0.69 | 1.76 | (1.55) |
| Discontinued operations:Gain on sale of depreciable property, net of impairment adjustments and minority interest | -- | -- | 0.45 | -- | 1,357.78 | 1.02 | 421.72 | 19.79 | -- | 13.47 |
| Discontinued operations: Gain on sale of properties, net of minority interest | -- | 0.11 | -- | 3.79 | -- | -- | -- | -- | 133.24 | -- |
| Net income (loss) | 861.62 | 302.76 | 432.64 | 387.27 | 1,654.34 | 315.28 | 621.86 | 246.46 | 196.55 | (75.87) |
| Net (income) loss attributable to noncontrolling interests | 8.72 | 2.85 | 3.67 | 3.54 | 19.91 | 3.14 | 6.55 | 2.87 | 5.96 | (1.89) |
| Dividends on Preferred Shares | -- | -- | -- | -- | -- | 0.00 | -- | 24.94 | 31.62 | 46.44 |
| Adjustments for redemption of preferred shares | -- | -- | -- | -- | -- | 0.00 | -- | 13.75 | 5.93 | 5.73 |
| Gain on repurchase of preferred shares | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 852.90 | 299.92 | 428.97 | 383.73 | 1,634.43 | 312.14 | 615.31 | 204.89 | 153.04 | (126.15) |
| EPS (Basic) : Continuing operations | 2.25 | 0.81 | 1.18 | 1.06 | 0.80 | 0.88 | 0.53 | 0.54 | 0.06 | (0.53) |
| EPS (Basic) : Income from discontinued operations | -- | -- | -- | 0.01 | 3.78 | 0.01 | 1.24 | 0.06 | 0.41 | 0.05 |
| Net Earnings Per Share (Basic) | 2.25 | 0.81 | 1.18 | 1.07 | 4.58 | 0.89 | 1.77 | 0.60 | 0.47 | (0.48) |
| EPS (Diluted) : Continuing operations | 2.25 | 0.80 | 1.18 | 1.06 | 0.80 | 0.88 | 0.53 | 0.54 | 0.06 | (0.53) |
| EPS (Diluted) : Income from discontinued operations | -- | -- | -- | 0.01 | 3.76 | -- | 1.24 | 0.06 | 0.41 | 0.05 |
| Net Earnings Per Share (Diluted) | 2.25 | 0.80 | 1.18 | 1.07 | 4.56 | 0.88 | 1.77 | 0.60 | 0.47 | (0.48) |
| Weighted Average Shares Outstanding (Basic) | 377.67 | 370.06 | 362.23 | 357.57 | 355.76 | 349.94 | 345.06 | 335.78 | 322.13 | 267.90 |
| Weighted Average Shares Outstanding (Diluted) | 383.48 | 374.16 | 367.34 | 363.30 | 362.01 | 357.08 | 352.20 | 340.45 | 326.71 | 267.90 |
| Funds from operations (FFO) | 626.49 | 521.64 | 510.48 | 484.00 | 455.74 | 428.42 | 300.82 | 363.11 | 347.04 | 265.20 |