Annual report pursuant to Section 13 and 15(d)

Information by Business Segment (Details 2)

v2.4.0.8
Information by Business Segment (Details 2) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Reconciliation of segment revenues to total revenues                      
Segment revenues from real estate operations                 $ 498,633 $ 493,100 $ 495,832
Construction contract and other service revenues                 62,363 73,836 84,345
Less: Revenues from discontinued operations (Note 20)                 (37,636) (58,801) (87,221)
Total revenues 128,802 131,812 136,527 126,219 132,635 125,067 123,074 127,359 523,360 508,135 492,956
Reconciliation of segment property operating expenses to property operating expenses                      
Segment property operating expenses                 180,704 180,735 187,820
Less: Property operating expenses from discontinued operations                 (13,505) (21,529) (33,445)
Total property operating expenses                 167,199 159,206 154,375
Computation of net operating income from service operations                      
Construction contract and other service revenues                 62,363 73,836 84,345
Construction contract and other service expenses                 (58,875) (70,576) (81,639)
NOI from service operations                 3,488 3,260 2,706
Reconciliation of NOI from real estate operations and NOI from service operations to (loss) income from continuing operations                      
NOI from real estate operations                 317,929 312,365 308,012
NOI from service operations                 3,488 3,260 2,706
Interest and other income                 3,834 7,172 5,603
Equity in income (loss) of unconsolidated entities                 2,110 (546) (331)
Income tax (expense) benefit                 (1,978) (381) 6,710
Other adjustments:                      
Depreciation and amortization associated with real estate operations                 (113,214) (107,998) (107,003)
Impairment losses                 (5,857) (43,678) (83,213)
General, administrative and leasing expenses                 (30,869) (31,900) (30,306)
Business development expenses and land carry costs                 (5,436) (5,711) (6,122)
Interest expense on continuing operations                 (82,010) (86,401) (90,037)
NOI from discontinued operations                 (24,131) (37,272) (53,776)
Loss on interest rate derivatives                 0 0 (29,805)
Loss on early extinguishment of debt                 (27,030) (943) (1,639)
Income (loss) from continuing operations $ 14,432 $ 10,974 $ (232) $ 11,662 $ 16,495 $ (32,048) $ 10,336 $ 13,184 $ 36,836 $ 7,967 $ (79,201)