Quarterly report pursuant to Section 13 or 15(d)

Debt (Details)

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Debt (Details) (USD $)
3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Mar. 31, 2012
Mortgage and Other Secured Loans:
Dec. 31, 2011
Mortgage and Other Secured Loans:
Mar. 31, 2012
Fixed rate mortgage loans
Dec. 31, 2011
Fixed rate mortgage loans
Mar. 31, 2012
Variable rate secured loans
Dec. 31, 2011
Variable rate secured loans
Mar. 31, 2012
Other construction loan facilities
Dec. 31, 2011
Other construction loan facilities
Mar. 31, 2012
Revolving Credit Facility
Dec. 31, 2011
Revolving Credit Facility
Feb. 29, 2012
Term Loan Facility
Mar. 31, 2012
Term Loan Facility
Dec. 31, 2011
Term Loan Facility
Mar. 31, 2012
Term Loan Facility
LIBOR 30-day
Mar. 31, 2012
Unsecured notes payable
Dec. 31, 2011
Unsecured notes payable
Mar. 31, 2012
4.25% Exchangeable Senior Notes
Mar. 31, 2011
4.25% Exchangeable Senior Notes
Dec. 31, 2011
4.25% Exchangeable Senior Notes
Debt                                            
Maximum Availability                   $ 123,802,000   $ 1,000,000,000     $ 650,000,000              
Carrying Value 2,418,078,000   2,426,303,000 1,138,825,000 1,131,970,000 1,049,204,000 1,052,421,000 39,027,000 39,213,000 50,594,000 40,336,000 396,000,000 662,000,000   650,000,000 400,000,000   5,078,000 5,050,000 228,175,000   227,283,000
Stated interest rate (as a percent)                                   0.00%   4.25%    
Stated Interest Rates, low end of range (as a percent)           5.20%                                
Stated Interest Rates, high end of range (as a percent)           7.87%                                
Description of variable rate basis               LIBOR   LIBOR   LIBOR         LIBOR          
Variable rate, spread (as a percent)               2.25%                            
Variable rate, spread low end of range (as a percent)                   1.95%   1.75%         1.65%          
Variable rate, spread high end of range (as a percent)                   2.75%   2.50%         2.40%          
Unamortized premium included in carrying value           2,200,000 2,400,000                              
Unamortized discount included in carrying value                                   1,700,000 1,800,000 11,800,000   12,700,000
Interest rate on debt (as a percent)               2.49%                            
Weighted average interest rate (as a percent)           6.01%       2.73%   2.24%     2.15%              
Exchange rate per $1000 principal amount (in common shares)                                       20.8513    
Convertible debt principal amount, basis for exchange                                       1,000    
Exchange price per common share based on exchange rate (in dollars per share)                                       $ 47.96    
Principal amount of debt                                       240,000,000    
Effective interest rate, including amortization of issuance costs (as a percent)                                       6.05%    
Interest expense at stated interest rate                                       2,550,000 2,550,000  
Interest expense associated with amortization of discount 775,000 1,649,000                                   892,000 840,000  
Total interest expenses                                       3,442,000 3,390,000  
Initial amount borrowed                           250,000,000                
Estimated fair value of property secured by nonrecourse mortgage loan in default       11,000,000 11,000,000                                  
Nonrecourse mortgage loan secured by a property in default       15,000,000 15,000,000                                  
Capitalized interest costs $ 3,800,000 $ 4,300,000