| 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 income | 1,170.08 | 1,131.04 | 1,073.29 | 948.84 | 832.17 | 932.74 | 895.70 | 841.46 | 786.58 | 727.81 |
| Mortgage interest income | 1.12 | 1.11 | 1.09 | 2.38 | 3.32 | 3.05 | 3.15 | 3.06 | 3.99 | 4.39 |
| Interest and other income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other property income | 31.26 | -- | -- | -- | -- | -- | 16.59 | 12.83 | 11.02 | 11.81 |
| Total Revenues | 1,202.45 | 1,132.15 | 1,074.38 | 951.22 | 835.49 | 935.79 | 915.44 | 857.35 | 801.59 | 744.01 |
| Rental expenses | 249.57 | 231.67 | 228.96 | 198.12 | 170.92 | 187.83 | 173.09 | 164.89 | 158.33 | 147.59 |
| Real estate taxes | 142.23 | 131.43 | 127.82 | 118.50 | 119.24 | 110.93 | 114.78 | 107.84 | 95.29 | 85.82 |
| Depreciation and amortization | 342.60 | 321.76 | 302.41 | 279.98 | 255.03 | 239.76 | 244.25 | 216.05 | 193.59 | 174.80 |
| General and administrative | 49.74 | 50.71 | 52.64 | 49.86 | 41.68 | 42.75 | 33.60 | 36.28 | 33.40 | 35.65 |
| Litigation provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment charge | -- | -- | -- | -- | (57.22) | -- | -- | -- | -- | -- |
| Gain on sale of real estate, net of tax | 54.04 | 9.88 | 93.48 | 89.95 | 98.12 | 116.39 | -- | -- | -- | -- |
| Gain on deconsolidation of VIE | -- | -- | 70.37 | -- | -- | -- | -- | -- | -- | -- |
| Total operating expenses | 784.14 | 735.57 | 711.83 | 646.45 | 586.87 | 464.88 | 565.72 | 525.06 | 480.60 | 443.86 |
| Operating Income (Loss) | 472.36 | 406.47 | 526.41 | 394.73 | 289.52 | 470.91 | 349.72 | 332.29 | 321.00 | 300.15 |
| Interest expense | 175.48 | 167.81 | 136.99 | 127.70 | 136.29 | 109.62 | 110.15 | 100.13 | 94.99 | 92.55 |
| Restructuring expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other interest income | 4.29 | 4.69 | 1.07 | 0.81 | 1.89 | 1.27 | 0.94 | 0.48 | 0.37 | 0.15 |
| Income from real estate partnership | 3.16 | 3.87 | 5.17 | 1.25 | (8.06) | (2.01) | (3.40) | (0.42) | 0.05 | 1.42 |
| Investors" share of operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Early extinguishment of debt | -- | -- | -- | -- | (11.18) | -- | -- | (12.27) | -- | (19.07) |
| Minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | 237.11 | 219.95 | 226.43 | 190.09 |
| Discontinued operations: Gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations: Income (loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| DISCONTINUED OPERATIONS: Gain on sale of real estate, net of taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations - gain on deconsolidation of VIE | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on Sale of Real Estate | -- | -- | -- | -- | -- | -- | 11.92 | 77.92 | 32.46 | 28.33 |
| Consolidated net income (loss) | 304.33 | 247.22 | 395.66 | 269.08 | 135.89 | 360.54 | 249.03 | 297.87 | 258.88 | 218.42 |
| Net income attributable to noncontrolling interests | 9.13 | 10.23 | 10.17 | 7.58 | 4.18 | 6.68 | 7.12 | 7.96 | 8.97 | 8.21 |
| Dividends on preferred stock | 8.03 | 8.03 | 8.03 | 8.04 | 8.04 | 8.04 | 8.04 | 2.46 | 0.54 | 0.54 |
| Preferred stock redemption costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Earnings allocated to unvested shares | 1.28 | 1.29 | -- | 1.21 | 0.99 | 1.01 | -- | 0.94 | 0.70 | 0.80 |
| Net income (loss) available to common shareholders | 285.89 | 227.67 | 377.46 | 252.25 | 122.67 | 344.82 | 233.87 | 286.51 | 248.67 | 208.88 |
| EPS (BASIC): Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 3.07 | 2.63 |
| EPS (BASIC): Income before gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (BASIC): Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (BASIC): Gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | 0.44 | 0.41 |
| Net Earnings Per Share (Basic) | 3.42 | 2.80 | 4.71 | 3.26 | 1.62 | 4.61 | 3.18 | 3.97 | 3.51 | 3.04 |
| EPS (DILUTED): Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 3.06 | 2.62 |
| EPS (DILUTED): Income before gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (DILUTED): Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (DILUTED): Gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | 0.44 | 0.41 |
| Net Earnings Per Share (Diluted) | 3.42 | 2.80 | 4.71 | 3.26 | 1.62 | 4.61 | 3.18 | 3.97 | 3.50 | 3.03 |
| Weighted Average Shares Outstanding (Basic) | 83.56 | 81.31 | 79.85 | 77.34 | 75.52 | 74.77 | 73.27 | 72.12 | 70.88 | 68.80 |
| Weighted Average Shares Outstanding (Diluted) | 83.57 | 81.31 | 80.51 | 77.37 | 75.52 | 74.77 | 73.30 | 72.23 | 71.05 | 68.98 |
| Funds from operations available to common shareholders | 570.24 | 537.31 | 509.16 | 434.74 | 333.85 | 465.82 | 461.78 | 419.98 | 406.36 | 352.86 |