| 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 revenue, net | 864.98 | 1,100.99 | 1,323.77 | 1,245.98 | 1,121.07 | 996.78 | 984.08 | 947.48 | 782.53 | 746.58 |
| Signage rent | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Preferred equity and investment income | -- | -- | -- | -- | -- | -- | -- | -- | -- | 65.61 |
| Investment income | 201.49 | 193.87 | 213.01 | 181.13 | 178.82 | 193.84 | 119.16 | 120.42 | 147.93 | -- |
| Other Revenue | 47.33 | 43.67 | 130.35 | 57.21 | 55.72 | 24.48 | 35.63 | 35.42 | 35.72 | 47.15 |
| Escalation and reimbursement | 113.60 | 172.94 | 196.86 | 178.51 | 164.38 | 155.97 | 151.19 | 143.54 | 118.21 | 119.03 |
| Total Revenues | 1,227.39 | 1,511.47 | 1,863.98 | 1,662.83 | 1,519.98 | 1,371.07 | 1,290.05 | 1,246.86 | 1,084.39 | 978.36 |
| Ground rent | 32.97 | 33.23 | 33.26 | 32.83 | 32.31 | 31.95 | 31.50 | 32.92 | 31.19 | 31.83 |
| Real estate taxes | 186.35 | 244.32 | 248.39 | 232.70 | 217.84 | 203.08 | 194.37 | 173.15 | 145.83 | 136.64 |
| Operating expenses | 229.35 | 293.36 | 312.86 | 301.62 | 282.28 | 276.59 | 275.87 | 257.94 | 224.69 | 209.27 |
| Depreciation and amortization | 279.51 | 403.32 | 821.04 | 560.89 | 371.61 | 324.46 | 311.86 | 271.31 | 225.19 | 220.40 |
| Amortization of deferred financing costs | 12.41 | 16.50 | 24.56 | 27.35 | 22.38 | 15.86 | 18.56 | 14.11 | 9.05 | 7.07 |
| Marketing, general and administrative | 92.63 | 100.50 | 99.76 | 94.87 | 92.49 | 86.19 | 82.84 | 80.10 | 75.95 | 73.99 |
| Loan loss and other investment reserves | (6.84) | 0.00 | 0.00 | -- | -- | -- | (0.56) | (6.72) | (17.75) | (150.51) |
| Transaction related costs | (1.10) | 1.83 | (7.53) | (11.43) | (8.71) | (3.99) | (5.40) | (5.56) | (11.85) | -- |
| Total operating expenses | 1,049.82 | 1,346.45 | 1,868.60 | 1,585.57 | 1,345.02 | 1,253.00 | 1,230.65 | 1,127.06 | 972.15 | 1,062.35 |
| Interest | 208.67 | 257.05 | 321.20 | 323.87 | 317.40 | 310.89 | 309.68 | 285.25 | 230.65 | 232.66 |
| Gain (loss) on investment in marketable securities | -- | 3.26 | (0.08) | -- | -- | -- | -- | 4.87 | 0.49 | -- |
| Equity in net income of unconsolidated joint ventures | 7.31 | 21.89 | 11.87 | 13.03 | 26.54 | 9.92 | 76.42 | 1.58 | 39.61 | -- |
| Equity in net (loss) income from affiliates | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss on equity investment in marketable securities | -- | -- | -- | -- | 3.90 | (0.07) | 4.94 | -- | -- | (0.40) |
| Equity in net gain on sale of interest in unconsolidated joint ventures | -- | -- | -- | 15.84 | 123.25 | 3.60 | 37.05 | 2.92 | 128.92 | 62.88 |
| Gain on early extinguishment of debt | (17.08) | -- | -- | (0.05) | (32.37) | (18.52) | (6.98) | 0.90 | (1.90) | 86.01 |
| Purchase price fair value adjustment | 57.39 | -- | -- | 40.08 | 67.45 | (2.31) | -- | 498.20 | -- | 0.00 |
| Depreciable real estate reserves | (227.54) | (178.52) | (10.39) | (19.23) | -- | -- | -- | (5.79) | (2.75) | 0.00 |
| Income from continuing operations before minority interest and discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in other partnerships | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in Operating partnership attributable to continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in partially-owned entities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in net gain on sale of joint venture property | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of real estate | (30.76) | 73.24 | 238.12 | 175.97 | -- | -- | -- | -- | -- | -- |
| Gain on sale of partial interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of rental properties/preferred investment, net of transaction and deferred compensation costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in net gain on sale of interest in unconsolidated joint ventures/ real estate | 303.97 | 16.17 | 44.01 | -- | -- | -- | -- | -- | -- | 6.69 |
| Income from continuing operations | -- | -- | -- | 302.91 | 363.73 | 110.70 | 170.83 | 622.48 | 276.61 | 71.19 |
| Net income from discontinued operations, net of minority interest | -- | -- | -- | 0.43 | 19.08 | 25.69 | 32.24 | 8.56 | 7.06 | 7.32 |
| Gain on sale of discontinued operations, net of minority interest | -- | -- | -- | 14.12 | 163.06 | 14.90 | 6.63 | 46.09 | 35.49 | (6.84) |
| Income before extraordinary items and cumulative effect adjustment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Extraordinary item, net of minority interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) | 270.86 | 101.07 | 278.91 | 317.46 | 545.86 | 151.28 | 209.70 | 677.12 | 319.16 | 71.67 |
| Net income attributable to noncontrolling interests in other partnerships | (0.01) | (15.70) | 7.64 | 15.84 | 6.59 | 10.63 | 5.59 | 15.08 | 14.01 | 12.90 |
| Net income attributable to noncontrolling interests in the Operating Partnership | 12.22 | 4.00 | 10.14 | 10.57 | 18.47 | 3.02 | 5.60 | 14.63 | 4.57 | 1.22 |
| Preferred Unit Distributions | 11.38 | 11.40 | 11.24 | 6.97 | 2.75 | 2.26 | 2.11 | -- | -- | -- |
| Less: Preferred stock dividends | -- | -- | -- | -- | -- | -- | -- | -- | 29.75 | 19.88 |
| Preferred stock redemption costs | -- | -- | -- | -- | -- | 12.16 | 10.01 | -- | -- | -- |
| Preferred stock accretion | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends on perpetual preferred shares | 14.95 | 14.95 | 14.95 | 14.95 | 14.95 | 21.88 | 30.41 | 30.18 | -- | -- |
| Net income available to common stockholders | 232.31 | 86.42 | 234.95 | 269.13 | 503.10 | 101.33 | 155.98 | 617.23 | 270.83 | 37.67 |
| Net income from continuing operations before gain on sale and discontinued operations | -- | -- | -- | 0.51 | 1.50 | 0.66 | 0.93 | 6.70 | 1.31 | 0.45 |
| Net income before gain on sale and extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (Basic) : Gain on sale of discontinued operations | -- | -- | -- | -- | 1.64 | -- | -- | -- | -- | (0.10) |
| Net income from discontinued operations | -- | -- | -- | -- | 0.19 | 0.27 | 0.35 | 0.10 | 0.09 | 0.10 |
| Gain on sale of joint venture property/ partial interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.09 |
| Gain on sale | -- | -- | -- | 1.71 | -- | -- | -- | -- | -- | -- |
| Gain on sale of discontinued operations, net of minority interest | -- | -- | -- | 0.14 | -- | 0.15 | 0.07 | 0.54 | 0.45 | -- |
| Extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate | -- | -- | -- | 0.15 | 1.24 | 0.04 | 0.40 | 0.03 | 1.62 | -- |
| Depreciable real estate reserves | -- | -- | -- | (0.19) | -- | -- | -- | -- | -- | -- |
| Cumulative effect of chance in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Purchase price fair value adjustment | -- | -- | -- | 0.39 | 0.68 | (0.02) | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 2.67 | 0.87 | 2.34 | 2.71 | 5.25 | 1.10 | 1.75 | 7.37 | 3.47 | 0.54 |
| Net income from continuing operations before gain on sale and discontinued operations | -- | -- | -- | 0.51 | 1.52 | 0.66 | 0.92 | 6.67 | 1.30 | 0.45 |
| Net income before gain on sale and extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (Diluted) : Gain on sale of discontinued operations | -- | -- | -- | -- | 1.63 | -- | -- | -- | -- | (0.10) |
| Net income from discontinued operations | -- | -- | -- | -- | 0.19 | 0.27 | 0.35 | 0.10 | 0.09 | 0.10 |
| Gain on sale of joint venture property/ partial interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.09 |
| Gain on sale | -- | -- | -- | 1.70 | -- | -- | -- | -- | -- | -- |
| Gain on sale of discontinued operations, net of minority interest | -- | -- | -- | 0.14 | -- | 0.16 | 0.07 | 0.53 | 0.44 | -- |
| Extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate | -- | -- | -- | 0.15 | 1.24 | 0.04 | 0.40 | 0.03 | 1.62 | -- |
| Depreciable real estate reserves | -- | -- | -- | (0.19) | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Purchase price fair value adjustment | -- | -- | -- | 0.39 | 0.65 | (0.03) | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 2.67 | 0.87 | 2.34 | 2.70 | 5.23 | 1.10 | 1.74 | 7.33 | 3.45 | 0.54 |
| Weighted Average Shares Outstanding (Basic) | 86.75 | 98.57 | 100.19 | 99.35 | 95.77 | 92.27 | 89.32 | 83.76 | 78.10 | 69.74 |
| Weighted Average Shares Outstanding (Diluted) | 91.53 | 103.40 | 104.88 | 103.73 | 99.70 | 95.27 | 92.87 | 86.24 | 79.76 | 72.04 |
| Funds From operations | 605.72 | 667.29 | 869.86 | 661.83 | 583.04 | 491.60 | 490.26 | 413.81 | 389.16 | 318.82 |