Annual report pursuant to Section 13 and 15(d)

Information by Business Segment (Details 2)

v3.3.1.900
Information by Business Segment (Details 2) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Reconciliation of segment revenues to total revenues                      
Segment revenues from real estate operations                 $ 519,068 $ 479,711 $ 498,633
Construction contract and other service revenues                 106,402 106,748 62,363
Less: Revenues from discontinued operations                 (4) 14 (37,636)
Total revenues $ 143,325 $ 150,744 $ 170,363 $ 161,034 $ 146,971 $ 153,015 $ 139,820 $ 146,667 625,466 586,473 523,360
Reconciliation of segment property operating expenses to property operating expenses                      
Segment property operating expenses                 194,488 179,799 180,704
Less: Property operating expenses from discontinued operations                 6 135 (13,505)
Total property operating expenses                 194,494 179,934 167,199
Computation of net operating income from service operations                      
Construction contract and other service revenues                 106,402 106,748 62,363
Construction contract and other service expenses                 (102,696) (100,058) (58,875)
NOI from service operations                 3,706 6,690 3,488
Reconciliation of NOI from real estate operations and NOI from service operations to (loss) income from continuing operations                      
NOI from real estate operations                 324,580 299,912 317,929
NOI from service operations                 3,706 6,690 3,488
Interest and other income                 4,517 4,923 3,834
Equity in income of unconsolidated entities                 62 229 2,110
Income tax expense                 (199) (310) (1,978)
Other adjustments:                      
Depreciation and amortization associated with real estate operations                 (140,025) (136,086) (113,214)
Impairment losses                 (23,289) (1,416) (5,857)
General, administrative and leasing expenses                 (31,361) (31,794) (30,869)
Business development expenses and land carry costs                 (13,507) (5,573) (5,436)
Interest expense on continuing operations                 (89,074) (92,393) (82,010)
NOI from discontinued operations                 (10) (121) (24,131)
Gain (loss) on early extinguishment of debt                 85,275 (9,552) (27,030)
Income from continuing operations $ (1,430) $ 94,279 $ 16,839 $ 10,987 $ 5,874 $ 13,727 $ 9,248 $ 5,660 $ 120,675 $ 34,509 $ 36,836