| Fiscal period | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|
| Period End Date | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | 12/31/2010 | 12/31/2009 |
|---|
| Rental revenues | 1,571.35 | 1,528.99 | 1,125.35 | 1,042.78 | 902.18 | 580.96 | 436.66 | 373.80 | 348.52 | 353.13 |
| Management fee income | -- | -- | -- | -- | 0.15 | 0.65 | 0.90 | 1.02 | 0.68 | 0.29 |
| Interest and other non-property income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in loss of real estate joint venture | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other property revenues | -- | -- | -- | -- | 90.00 | 53.88 | 38.33 | 34.97 | 30.94 | 20.94 |
| Total operating revenues | 1,571.35 | 1,528.99 | 1,125.35 | 1,042.78 | 992.33 | 635.49 | 475.89 | 409.78 | 380.14 | 374.37 |
| Property operating expenses | 371.10 | 364.19 | 280.57 | 271.03 | -- | -- | -- | -- | -- | -- |
| Utilities | -- | -- | -- | -- | 89.15 | 51.74 | 25.94 | 23.85 | 22.57 | 22.00 |
| Personnel | -- | -- | -- | -- | 101.59 | 68.30 | 54.36 | 48.94 | 47.82 | 47.00 |
| Building repairs and maintenance | -- | -- | -- | -- | 30.72 | 20.31 | 15.03 | 13.73 | 13.76 | 13.94 |
| Landscaping | -- | -- | -- | -- | 20.11 | 13.32 | 10.45 | 9.64 | 9.56 | 9.44 |
| Property management expenses | 47.63 | 43.59 | 34.09 | 30.99 | 32.10 | 23.08 | 21.28 | 19.97 | 18.04 | 17.22 |
| Real estate taxes and insurance | 223.49 | 212.54 | 142.78 | 129.62 | 123.42 | 76.92 | 55.02 | 46.94 | 43.22 | 45.05 |
| Depreciation | -- | -- | -- | -- | -- | 186.98 | 121.21 | 106.01 | 98.38 | 95.08 |
| Depreciation and amortization | 489.76 | 493.71 | 322.96 | 294.52 | 301.81 | -- | -- | -- | -- | -- |
| General and administrative expenses | 34.79 | 40.19 | 29.04 | 25.72 | 20.91 | 15.57 | 13.76 | 18.12 | 12.35 | 11.32 |
| Other operating | -- | -- | -- | -- | (28.36) | (23.05) | (33.35) | (30.46) | (26.66) | (20.13) |
| Acquisition expense | -- | -- | -- | -- | (2.39) | (1.39) | (1.58) | (3.32) | (2.51) | -- |
| Integration related expenses | -- | -- | -- | -- | (8.40) | (5.10) | -- | -- | -- | -- |
| Merger-related expenses | (9.11) | (19.99) | (40.82) | -- | (3.15) | -- | -- | -- | -- | -- |
| Income (Loss) from Operating | -- | -- | -- | 290.91 | -- | -- | -- | -- | -- | -- |
| Interest expense | 173.59 | 154.75 | 129.95 | 122.34 | 123.95 | 78.98 | 57.94 | 56.38 | 54.63 | 56.99 |
| Acquisition expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.95) |
| Merger related expenses | -- | -- | -- | -- | -- | (32.40) | -- | -- | -- | -- |
| Gain on sale of non-depreciable assets | 4.53 | 0.02 | 2.17 | -- | -- | -- | -- | 1.08 | 0.00 | 0.02 |
| Gain on sale of depreciable real estate assets excluded from discontinued operations | (0.04) | 127.39 | 80.40 | 189.96 | 42.65 | -- | -- | -- | -- | -- |
| Gain (Loss) on sale of non-depreciable real estate assets | -- | -- | -- | 0.17 | 0.35 | -- | 0.05 | -- | -- | -- |
| Loss on debt extinguishment | -- | -- | -- | -- | (2.59) | (0.43) | (0.65) | (0.76) | 0.00 | (0.14) |
| Gain on disposition within real estate joint ventures | -- | -- | -- | -- | -- | -- | -- | -- | 0.75 | -- |
| Income (loss) from investments in real estate joint ventures | -- | -- | -- | -- | -- | -- | -- | -- | (1.15) | (0.82) |
| Minority interest in operating partnership income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest and other non-property income | -- | -- | -- | (6.27) | 0.77 | 0.47 | 0.43 | 0.80 | 0.90 | 0.39 |
| Amortization of deferred financing costs | -- | -- | -- | -- | -- | -- | (3.55) | (2.90) | (2.63) | (2.37) |
| Incentive fee from real estate joint ventures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net gain on insurance and other settlement proceeds | -- | -- | -- | -- | (0.48) | (0.14) | (0.01) | (0.62) | 0.31 | 0.03 |
| Other non-operating (expense) income | 5.43 | 14.35 | (1.84) | -- | -- | -- | -- | -- | -- | -- |
| Income (Loss) before income tax expense | 231.80 | 341.79 | 225.86 | 352.42 | 146.99 | 38.25 | 62.23 | 30.02 | -- | -- |
| Income tax expense | 2.61 | 2.62 | 1.70 | 1.67 | 2.05 | 0.89 | 0.80 | 0.73 | -- | -- |
| Gains (loss) from real estate joint ventures | 1.83 | 1.37 | 0.24 | 0.00 | 6.01 | 0.34 | (0.22) | (0.59) | -- | -- |
| Income from continuing operations | -- | -- | -- | 350.75 | 150.95 | 37.69 | 61.20 | 28.70 | 28.83 | 32.34 |
| Discontinued operations: Gain on sale of discontinued operations | -- | -- | -- | -- | -- | -- | 41.64 | 12.80 | 0.00 | 4.65 |
| Gain on sale of discontinued operations | -- | -- | -- | -- | 5.39 | 76.84 | -- | -- | -- | -- |
| Discontinued operations: Income from discontinued operations before asset impairment, settlement proceeds and gain on sa | -- | -- | -- | -- | -- | 0.09 | 6.94 | 9.74 | 2.05 | 2.23 |
| Discontinued operations: Asset impairment on discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations: Net gain (loss) on insurance and other settlement proceeds on discontinued operations | -- | -- | -- | -- | -- | -- | 0.05 | (0.01) | -- | -- |
| Discontinued operations:Net loss on insurance and other settlement proceeds on | -- | -- | -- | -- | (0.06) | 4.65 | -- | -- | 0.00 | -- |
| Income Before Extraordinary Income & Accounting Change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Extraordinary items--loss on debt extinguishment, net of minority interst | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Consolidated net income (loss) | 231.02 | 340.54 | 224.40 | 350.75 | 156.28 | 119.28 | 109.83 | 51.23 | 30.88 | 39.22 |
| Net income attributable to noncontrolling interests | 8.12 | 12.16 | 12.18 | 18.46 | 8.30 | 4.00 | 4.60 | 2.41 | 1.11 | 2.01 |
| Preferred dividend distribution | 3.69 | 3.69 | 0.31 | -- | -- | -- | -- | -- | 6.55 | 12.87 |
| Premiums and original issuance costs associated with theredemption of preferred stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Premiums and original issuance costs associated with the redemption of preferred stock | -- | -- | -- | -- | -- | -- | -- | -- | 5.15 | -- |
| Net income (loss) available to common shareholders | 219.21 | 324.69 | 211.92 | 332.29 | 147.98 | 115.28 | 105.22 | 48.82 | 18.06 | 24.35 |
| Income from continuing operations | -- | -- | -- | -- | 1.90 | 0.72 | 1.43 | 0.74 | 0.50 | 0.61 |
| Discontinued property operations | -- | -- | -- | -- | 0.07 | 1.55 | 1.13 | 0.58 | 0.07 | 0.24 |
| Extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 1.93 | 2.86 | 2.69 | 4.41 | 1.97 | 2.27 | 2.56 | 1.32 | 0.57 | 0.85 |
| Income from continuing operations | -- | -- | -- | -- | 1.90 | 0.71 | 1.43 | 0.73 | 0.49 | 0.61 |
| Discontinued property operations | -- | -- | -- | -- | 0.07 | 1.54 | 1.13 | 0.58 | 0.07 | 0.24 |
| Extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 1.93 | 2.86 | 2.69 | 4.41 | 1.97 | 2.25 | 2.56 | 1.31 | 0.56 | 0.85 |
| Weighted Average Shares Outstanding (Basic) | 113.64 | 113.41 | 78.50 | 75.18 | 74.98 | 50.68 | 41.04 | 37.00 | 31.86 | 28.34 |
| Weighted Average Shares Outstanding (Diluted) | 113.84 | 113.69 | 78.80 | 75.18 | 74.98 | 53.12 | 42.94 | 39.09 | 31.98 | 28.42 |
| Funds from operations (FFO) | 712.69 | 699.56 | 463.39 | 452.37 | 404.09 | 231.03 | 196.31 | 155.54 | 123.91 | 123.91 |