| 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 |
|---|
| Recoveries from tenants | -- | -- | -- | -- | 140.61 | 125.30 | 119.62 | 106.49 | 103.16 | 101.45 |
| Minimum rent | -- | -- | -- | -- | 444.31 | 415.16 | 390.70 | 353.83 | 340.94 | 332.03 |
| Percentage rent | -- | -- | -- | -- | 4.13 | 3.75 | 3.49 | 3.58 | 3.32 | 2.99 |
| Lease income | 980.17 | 1,094.30 | 1,083.77 | 950.19 | -- | -- | -- | -- | -- | -- |
| Management, acquisition and other fees | 26.50 | 29.64 | 28.49 | 26.16 | 25.33 | 25.56 | 24.10 | 25.10 | 26.51 | 33.98 |
| Equity in income (loss) of investments in real estate partnerships | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Service operations revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other income | 9.51 | 9.20 | 8.71 | 7.98 | -- | -- | -- | -- | -- | -- |
| Total Revenues | 1,016.18 | 1,133.14 | 1,120.98 | 984.33 | 614.37 | 569.76 | 537.90 | 489.01 | 473.93 | 470.45 |
| Operating and maintenance | 170.07 | 169.91 | 168.03 | 143.99 | 95.02 | 82.98 | 77.79 | 71.02 | 66.69 | 68.50 |
| Real estate taxes | 143.00 | 136.24 | 137.86 | 109.72 | 66.40 | 61.86 | 59.03 | 53.73 | 52.91 | 52.04 |
| Depreciation and amortization | 345.90 | 374.28 | 359.69 | 334.20 | 162.33 | 146.83 | 147.79 | 130.63 | 119.01 | 120.80 |
| Goodwill impairment | 132.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| General and administrative | 75.00 | 74.98 | 65.49 | 67.62 | 65.33 | 65.60 | 60.24 | 61.23 | 61.70 | 56.12 |
| Other expenses, net | (12.64) | (7.81) | (9.74) | (89.23) | (14.08) | (7.84) | (8.50) | (8.08) | (7.19) | (6.52) |
| Provision for doubtful accounts | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total operating expenses | 746.62 | 763.23 | 740.81 | 744.76 | 403.15 | 365.10 | 353.35 | 324.69 | 307.49 | 303.98 |
| Interest expense, net of interest income | 156.68 | 151.26 | 148.46 | 132.63 | 90.71 | 102.62 | 109.49 | 108.97 | 112.13 | 123.65 |
| Provision for loss on operating properties | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Provision for impairment | 18.54 | 54.17 | 38.44 | -- | 4.20 | -- | 1.26 | 6.00 | 20.32 | 12.47 |
| Gain on sale of operating properties and properties in development | 67.47 | 24.24 | 28.34 | 27.43 | 47.32 | -- | -- | -- | -- | -- |
| Gain on remeasurement of investment in real estate partnership | -- | -- | -- | -- | -- | -- | 18.27 | -- | -- | -- |
| Net investment income | 5.31 | 5.57 | (1.10) | 3.99 | 1.67 | 0.63 | 9.45 | 3.26 | -- | -- |
| Other income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Early extinguishment of debt | (21.84) | (11.98) | (11.17) | (12.45) | (14.24) | (8.24) | (0.02) | (0.03) | (0.85) | -- |
| Gain (Loss) on derivative instruments | -- | -- | -- | -- | (40.59) | -- | -- | -- | -- | -- |
| Income from deferred compensation plan | -- | -- | -- | -- | -- | -- | -- | -- | 2.06 | (0.21) |
| TOTAL NON-OPERATING INCOME/EXPENSE | 256.41 | 187.61 | 170.82 | 113.66 | 100.75 | 110.24 | 83.05 | 111.74 | 131.24 | 136.32 |
| Income (Loss) before income taxes | 13.15 | 182.30 | 209.35 | 125.90 | 110.47 | 94.43 | 101.50 | 52.58 | 35.20 | 30.16 |
| Income tax expense (benefit) of taxable REIT subsidiary | -- | -- | -- | -- | -- | -- | (1.00) | -- | 13.22 | 2.99 |
| Minority interest of limited partners | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest of preferred units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest of exchangeable operating partnership units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in income (loss) of investments in real estate partnerships | 34.17 | 60.96 | 42.97 | 43.34 | 56.52 | 22.51 | 31.27 | 31.72 | 23.81 | 9.64 |
| Deferred income tax (benefit) of taxable REIT subsidiary | -- | -- | -- | 9.74 | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | 116.94 | 133.77 | 84.30 | 45.78 | 36.81 |
| Discontinued Operations: Operating income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | 7.33 | (43.58) | 10.64 |
| Discontinued operations: Gain on sale of real estate | -- | -- | -- | -- | -- | 35.61 | 55.08 | 1.70 | 2.16 | 2.40 |
| Discontinued operations: Gain on sale of operating properties and properties in development | -- | -- | -- | -- | -- | -- | -- | 57.95 | 21.86 | 5.94 |
| Consolidated net income (loss) | 47.32 | 243.26 | 252.33 | 178.98 | 166.99 | 152.54 | 188.85 | 151.29 | 26.21 | 55.79 |
| Noncontrolling interests: Preferred units | -- | -- | -- | -- | -- | -- | -- | -- | (0.63) | 3.73 |
| Noncontrolling interests: Exchangeable operating partnership units | 0.20 | 0.63 | 0.53 | 0.39 | 0.26 | 0.24 | 0.32 | 0.28 | 0.11 | 0.10 |
| Noncontrolling interests: Limited partners’ interests in consolidated partnerships | 2.23 | 3.19 | 2.67 | 2.52 | 1.81 | 2.25 | 1.14 | 1.21 | 0.87 | 0.59 |
| Less: Preferred stock dividends | -- | -- | -- | 16.13 | 21.06 | 21.06 | 21.06 | 21.06 | 32.53 | 19.68 |
| Less: Dividends paid on unvested restricted stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 44.89 | 239.43 | 249.13 | 159.95 | 143.86 | 128.99 | 166.33 | 128.74 | (6.66) | 31.70 |
| EPS (Basic) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | 0.69 | 0.16 | 0.16 |
| EPS (Basic) : Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | 0.71 | (0.24) | 0.19 |
| Net Earnings Per Share (Basic) | 0.27 | 1.43 | 1.47 | 1.00 | 1.43 | 1.37 | 1.80 | 1.40 | (0.08) | 0.35 |
| EPS (Diluted) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | 0.69 | 0.16 | 0.16 |
| EPS (Diluted) : Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | 0.71 | (0.24) | 0.19 |
| Net Earnings Per Share (Diluted) | 0.26 | 1.43 | 1.46 | 1.00 | 1.42 | 1.36 | 1.80 | 1.40 | (0.08) | 0.35 |
| Weighted Average Shares Outstanding (Basic) | 169.23 | 167.53 | 169.72 | 159.54 | 100.86 | 94.55 | 92.37 | 91.38 | 89.63 | 87.83 |
| Weighted Average Shares Outstanding (Diluted) | 169.46 | 167.77 | 170.10 | 159.96 | 101.29 | 95.01 | 92.40 | 91.41 | 89.67 | 88.26 |
| Funds from operations (FFO) | 501.98 | 654.36 | 652.86 | 494.84 | 277.30 | 276.52 | 269.15 | 240.62 | 222.10 | 220.32 |