| | 2009 Y | 2010 Y | 2011 Y | 2012 Y | 2013 Q1 YTD | | Source Document | 12/31/2011 | 12/31/2012 | 12/31/2012 | 12/31/2012 | 3/31/2013 | | Currency Code | USD | USD | USD | USD | USD | | (in thousands) | | | | | | | | | | | | | |
| Office rental | | Rental revenues | 406,117 | 399,184 | 393,434 | 391,040 | 97,330 | | Tenant recoveries | 31,407 | 37,406 | 43,914 | 44,093 | 10,585 | | Parking and other income | 65,243 | 66,110 | 67,729 | 70,143 | 18,508 | | Total office revenues | 502,767 | 502,700 | 505,077 | 505,276 | 126,423 | | Multifamily rental | | Rental revenues | 64,127 | 63,564 | 65,267 | 68,231 | 17,551 | | Parking and other income | 4,166 | 4,580 | 4,993 | 5,492 | 1,484 | | Total multifamily revenues | 68,293 | 68,144 | 70,260 | 73,723 | 19,035 | | Total revenues | 571,060 | 570,844 | 575,337 | 578,999 | 145,458 | |
| Office expense | 154,270 | 159,155 | 168,869 | 170,725 | 41,309 | | Multifamily expense | 17,925 | 18,327 | 19,012 | 19,672 | 5,009 | | General and administrative | 23,887 | 28,305 | 29,286 | 27,943 | 7,096 | | Depreciation and amortization | 226,620 | 225,030 | 205,696 | 184,849 | 46,024 | | Total operating expenses | 422,702 | 430,817 | 422,863 | 403,189 | 99,438 | |
| Operating income | 148,358 | 140,027 | 152,474 | 175,810 | 46,020 | |
| Gain on disposition of interest in unconsolidated real estate fund | 5,573 | NA | NA | NA | NA | |
| Other income | (12) | 1,191 | 1,106 | 938 | 410 | | Income (loss) including depreciation, from unconsolidated real estate funds | (3,279) | (6,971) | (2,867) | (1,710) | 1,189 | |
| Interest expense | (184,797) | (166,907) | (148,455) | (146,693) | (32,832) | | Acquisition-related expenses | 0 | (296) | 0 | 0 | (175) | |
| Net income | (34,157) | (32,956) | 2,258 | 28,345 | 14,612 | | Less - Net income attributable to noncontrolling interests | 7,093 | 6,533 | (807) | (5,403) | (2,530) | | Net income attributable to common stockholders | (27,064) | (26,423) | 1,451 | 22,942 | 12,082 | | Net income attributable to common stockholders per share - basic | (0.22) | (0.22) | 0.01 | 0.16 | 0.08 | | Net income attributable to common stockholders per share - diluted | (0.22) | (0.22) | 0.01 | 0.16 | 0.08 | |
| Dividends declared per common share | NA | NA | NA | NA | 0.18 | |
| Net income | NA | (32,956) | 2,258 | 28,345 | 14,612 | | Other comprehensive income - cash flow hedge adjustment | NA | 87,985 | (37,011) | 10,491 | 7,035 | | Comprehensive income | NA | 55,029 | (34,753) | 38,836 | 21,647 | | Less comprehensive income attributable to noncontrolling interests | NA | (14,015) | 5,789 | (9,705) | (4,472) | | Comprehensive income attributable to common stockholders | NA | 41,014 | (28,964) | 29,131 | 17,175 |
Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data. |
|
|
