Annual report pursuant to Section 13 and 15(d)

Debt (Details 3)

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Debt (Details 3) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Carrying amount and estimated fair value of debt    
Debt, net $ 2,019,168 $ 2,426,303
Fixed rate mortgage loans
   
Carrying amount and estimated fair value of debt    
Debt, net 948,414 [1] 1,052,421 [1]
Secured Debt [Member]
   
Carrying amount and estimated fair value of debt    
Debt, net 1,016,446 1,131,970
Other construction loan facilities
   
Carrying amount and estimated fair value of debt    
Debt, net 29,557 40,336
Variable rate secured loans
   
Carrying amount and estimated fair value of debt    
Debt, net 38,475 39,213
4.25% Exchangeable Senior Notes
   
Carrying amount and estimated fair value of debt    
Debt, net   227,283
Senior exchangeable notes
   
Carrying amount and estimated fair value of debt    
Debt, net 230,934  
Revolving Credit Facility
   
Carrying amount and estimated fair value of debt    
Debt, net 0 662,000
Term Loan Facility
   
Carrying amount and estimated fair value of debt    
Debt, net 770,000 400,000
Unsecured notes payable
   
Carrying amount and estimated fair value of debt    
Debt, net 1,788 5,050
Carrying Amount
   
Carrying amount and estimated fair value of debt    
Variable-rate debt 838,032 1,141,549
Debt, net 2,019,168 2,426,303
Carrying Amount | 4.25% Exchangeable Senior Notes
   
Carrying amount and estimated fair value of debt    
Fixed-rate debt 230,934 227,283
Carrying Amount | Other fixed-rate debt
   
Carrying amount and estimated fair value of debt    
Fixed-rate debt 950,202 1,057,471
Total Estimated Fair Value
   
Carrying amount and estimated fair value of debt    
Variable-rate debt 845,558 1,139,856
Debt, net 2,054,020 2,432,357
Total Estimated Fair Value | 4.25% Exchangeable Senior Notes
   
Carrying amount and estimated fair value of debt    
Fixed-rate debt 240,282 238,077
Total Estimated Fair Value | Other fixed-rate debt
   
Carrying amount and estimated fair value of debt    
Fixed-rate debt $ 968,180 $ 1,054,424
[1] Several of the fixed rate mortgages carry interest rates that were above or below market rates upon assumption and therefore were recorded at their fair value based on applicable effective interest rates. The carrying values of these loans reflect net unamortized premiums totaling $1.3 million at December 31, 2012 and $2.4 million at December 31, 2011.