| Fiscal period | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|
| Period End Date | 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 | 12/31/2011 |
|---|
| Rental | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Rental and other property | 1,486.15 | 1,450.63 | 1,390.87 | 1,354.33 | 1,285.72 | 1,185.50 | 961.59 | 603.33 | 526.70 | 460.66 |
| Other property | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Management and other fees from affiliates | 9.60 | 9.53 | 9.18 | 9.57 | 8.28 | 8.91 | 9.35 | 7.26 | 8.46 | 6.78 |
| Total Revenues | 1,495.75 | 1,460.16 | 1,400.05 | 1,363.90 | 1,294.00 | 1,194.41 | 970.94 | 610.59 | 535.15 | 467.44 |
| Property operating, excluding real estate taxes | 263.39 | 241.36 | 232.77 | 229.08 | 219.66 | 234.95 | 204.67 | 140.06 | 123.81 | 113.73 |
| Property operating expenses: Maintenance and repairs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Property operating expenses: Utilities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Property operating expenses: Administrative | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Property operating expenses: Advertising | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Property operating expenses: Insurance | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of management and other fees | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.61 |
| Corporate-level property management expenses | 34.57 | 34.07 | 32.06 | 30.16 | 30.11 | -- | -- | -- | -- | -- |
| Real estate taxes | 177.01 | 155.17 | 151.57 | 146.31 | 139.16 | 128.56 | 107.87 | 57.28 | 48.35 | 43.78 |
| Depreciation | -- | -- | -- | -- | -- | -- | -- | -- | -- | 150.01 |
| Depreciation and amortization | 525.50 | 483.75 | 479.88 | 468.88 | 441.68 | 453.42 | 360.59 | 192.42 | 169.17 | -- |
| Amortization of deferred financing costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| General and administrative | 65.39 | 54.26 | 53.45 | 41.39 | 40.75 | 40.09 | 40.88 | 26.68 | 24.57 | 20.69 |
| Merger expenses | -- | -- | -- | -- | -- | 3.80 | 53.53 | 4.28 | 0.00 | -- |
| Acquisition and disposition costs | 1.59 | 0.17 | 0.19 | 1.57 | 1.84 | 2.41 | 1.88 | 1.16 | 2.22 | -- |
| Other expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment and other charges | (1.83) | (7.11) | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of real estate and land | 64.97 | (3.16) | 61.86 | -- | -- | -- | -- | -- | -- | -- |
| Total operating expenses | -- | -- | -- | 917.38 | 873.20 | 863.23 | 769.42 | 421.89 | 368.13 | 332.82 |
| Earnings from operations | 491.44 | 481.11 | 511.99 | 446.52 | 420.80 | 331.17 | 201.51 | 188.71 | 167.03 | 134.62 |
| Interest | 220.63 | 217.34 | 220.49 | 222.89 | 219.65 | 204.83 | 164.55 | 116.52 | 111.89 | 91.69 |
| Gain on sale of real estate and land | -- | -- | -- | 26.42 | 154.56 | 47.33 | 46.04 | 1.50 | 0.00 | -- |
| Equity income (loss) in co-investments | 66.51 | 112.14 | 89.13 | 86.45 | 48.70 | 21.86 | 39.89 | 55.87 | 41.75 | (0.47) |
| Minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest and other income | 41.00 | 46.30 | 23.01 | 24.60 | 27.31 | 19.14 | 11.81 | 11.63 | 13.83 | 17.14 |
| Gain (Loss) on early retirement of debt | (22.88) | 3.72 | -- | (1.80) | (0.61) | (6.11) | (0.27) | (0.30) | (5.01) | (1.16) |
| Amortization expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | (11.47) |
| Gain on remeasurement of co-investment | 234.69 | 31.54 | 1.25 | 88.64 | 0.00 | 34.01 | 0.00 | -- | 21.95 | -- |
| Total return swap income | 10.73 | 8.45 | 8.71 | 10.10 | 11.72 | 5.66 | 0.00 | -- | -- | -- |
| Deferred tax expense on gain on sale of real estate and land | (1.53) | (1.46) | -- | -- | (4.41) | 0.00 | 0.00 | -- | -- | -- |
| Pre-Tax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Provision for Income Taxes - Total | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | 140.88 | 127.65 | 46.96 |
| Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | 31.17 | 11.94 | 10.56 |
| Discontinued operations: Operating income from real estate sold | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations: Gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Extraordinary Income & Accounting Change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Extraordinary loss on early extinguishment of debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Consolidated net income (loss) | 599.33 | 464.45 | 413.60 | 458.04 | 438.41 | 248.24 | 134.44 | 172.06 | 139.59 | 57.52 |
| Net income (loss) attributable to noncontrolling interest | 30.46 | 25.16 | 23.45 | 24.98 | 23.43 | 16.12 | 12.29 | 15.77 | 14.31 | 10.45 |
| Dividends to preferred stockholders | -- | -- | -- | -- | 1.31 | 5.26 | 5.29 | 5.47 | 5.47 | 4.75 |
| Write off of Series C preferred units offering costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Amortization of discount on Series F preferred stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends to preferred stockholders - Series F | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Excess of the carrying amount of preferred stock redeemed over the cash paid to redeem preferred stock | -- | -- | -- | -- | 2.54 | 0.00 | 0.00 | -- | -- | 1.95 |
| Net income (loss) available to common shareholders | 568.87 | 439.29 | 390.15 | 433.06 | 411.12 | 226.87 | 116.86 | 150.81 | 119.81 | 40.37 |
| Earnings Per Share (Basic) - Cont Ops | -- | -- | -- | -- | -- | -- | -- | 3.26 | 3.10 | 0.94 |
| Earnings Per Share (Basic) - Disc Ops | -- | -- | -- | -- | -- | -- | -- | 0.79 | 0.32 | 0.30 |
| Extraordinary item--debt extinguishment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 8.69 | 6.67 | 5.91 | 6.58 | 6.28 | 3.50 | 2.07 | 4.05 | 3.42 | 1.24 |
| Earnings Per Share (Diluted) - Cont Ops | -- | -- | -- | -- | -- | -- | -- | 3.25 | 3.09 | 0.94 |
| Earnings Per Share (Diluted) - Disc Ops | -- | -- | -- | -- | -- | -- | -- | 0.79 | 0.32 | 0.30 |
| Extraordinary item--debt extinguishment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 8.69 | 6.66 | 5.90 | 6.57 | 6.27 | 3.49 | 2.06 | 4.04 | 3.41 | 1.24 |
| Weighted Average Shares Outstanding (Basic) | 65.45 | 65.84 | 66.04 | 65.83 | 65.47 | 64.87 | 56.55 | 37.25 | 35.03 | 32.54 |
| Weighted Average Shares Outstanding (Diluted) | 65.57 | 65.94 | 66.09 | 65.90 | 65.59 | 65.06 | 56.70 | 37.34 | 35.13 | 32.63 |
| Funds from operations (FFO) | 865.27 | 936.35 | 871.82 | 812.11 | 754.65 | 654.06 | 464.94 | 299.73 | 250.85 | 200.17 |