|
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
|
Mar. 31, 2015
|
Mar. 31, 2014
|
| REVENUE |
|
|
| Rental |
$ 235,122 |
$ 214,122 |
| Tenant reimbursements |
9,963 |
6,427 |
| Other |
1,782 |
1,023 |
| Total revenue |
246,867 |
221,572 |
| EXPENSES |
|
|
| Depreciation and amortization |
98,037 |
89,970 |
| Interest |
58,468 |
51,720 |
| General and administrative |
12,862 |
12,886 |
| Property (including reimbursable) |
13,976 |
10,577 |
| Income taxes |
1,074 |
1,091 |
| Provisions for impairment |
2,087 |
1,683 |
| Total expenses |
186,504 |
167,927 |
| Gain on sales of real estate |
7,218 |
1,271 |
| Income from continuing operations |
67,581 |
54,916 |
| Income from discontinued operations |
|
3,077 |
| Net income |
67,581 |
57,993 |
| Net income attributable to noncontrolling interests |
(317) |
(332) |
| Net income attributable to the Company |
67,264 |
57,661 |
| Preferred stock dividends |
(6,770) |
(10,482) |
| Net income available to common stockholders |
$ 60,494 |
$ 47,179 |
| Amounts available to common stockholders per common share: |
|
|
| Income from continuing operations, basic and diluted (in dollars per share) |
$ 0.27 |
$ 0.21 |
| Net income, basic and diluted (in dollars per share) |
$ 0.27 |
$ 0.23 |
| Weighted average common shares outstanding: |
|
|
| Basic (in shares) |
225,346,407 |
207,003,950 |
| Diluted (in shares) |
225,825,854 |
207,324,363 |