| | | | 2005 Y
| 2006 Y
| 2007 Y
| 2008 Y
| | Period Ended | 12/31/2005 | 12/31/2006 | 12/31/2007 | 12/31/2008 | | Real Estate Assets ($000) | | Total Gross Loans | 0 | 0 | 0 | 0 | | Operational Properties, at Cost | 3,106,671 | 3,450,353 | 3,626,086 | 3,761,351 | | Accumulated Depletion, Depreciation & Amortization | 446,367 | 450,129 | 543,917 | 636,970 | | Net Properties: Operational | 2,660,304 | 3,000,224 | 3,082,169 | 3,124,381 | | Equity Investment in Unconsolidated Subsidiaries | 0 | 0 | 0 | 0 | | Total Nondepreciable Real Estate | 224,247 | 1,409 | 54,069 | 111,039 | | Investment in Real Estate before Reserves | 2,884,551 | 3,001,633 | 3,136,238 | 3,235,420 | | Loan Loss Reserve | 0 | 0 | 0 | 0 | | Net Real Estate Investment | 2,884,551 | 3,001,633 | 3,136,238 | 3,235,420 | | | | Non Real Estate Assets ($000) | | Cash and Cash Equivalents | 5,391 | 118,212 | 6,109 | 6,567 | | Total Securities | 0 | 0 | 0 | 0 | | Total Intangible Assets | 5,080 | 3,366 | 1,956 | 1,336 | | Inventories | 0 | 0 | 0 | 0 | | Deferred Tax Asset | NA | NA | NA | NA | | Restricted Cash | 37,108 | 74,069 | 31,005 | 27,904 | | Accounts Receivable | 8,036 | 9,287 | 11,109 | 14,078 | | Total Other Assets | 37,704 | 33,851 | 30,006 | 31,902 | | Total Assets | 2,977,870 | 3,240,418 | 3,216,423 | 3,317,207 | | | | Liabilities ($000) | | Total Debt | 1,924,086 | 2,124,313 | 2,189,289 | 2,323,331 | | Negative Equity in Unconsolidated Subs | 0 | 0 | 0 | 0 | | Advanced Rents /
Security Deposits | 22,975 | 21,979 | 22,826 | 21,443 | | Deferred Revenue | 0 | 0 | 0 | 0 | | Deferred Tax Liability | 0 | 0 | 0 | 0 | | Redeemable Partnership Units | 0 | 0 | 0 | 0 | | Minority Int. of JV with Forward Contracts | 0 | 0 | 0 | 0 | | Total Other Liabilities | 50,728 | 55,967 | 57,186 | 66,619 | | Total Liabilities | 1,997,789 | 2,202,259 | 2,269,301 | 2,411,393 | | | | Mezzanine ($000) | | Redeemable Preferred | 0 | 0 | 0 | 0 | | Trust Preferred Securities | 0 | 0 | 0 | 0 | | Minority Interest in OP | 323,269 | 282,542 | 279,061 | 259,136 | | Other Minority Interest | 0 | 0 | 0 | 0 | | Preferred OP Minority Interest | 0 | 0 | 0 | 0 | | Other Mezzanine Items | 0 | 0 | 0 | 0 | | Total Mezzanine Level Items | 323,269 | 282,542 | 279,061 | 259,136 | | | | Equity ($000) | | Total Preferred Equity | 60,000 | 60,000 | 0 | 0 | | Common Equity | 596,812 | 695,617 | 668,061 | 646,678 | | Equity Attributable to Parent Company | 656,812 | 755,617 | 668,061 | 646,678 | | Noncontrolling Interests in OP | NA | NA | NA | NA | | Noncontrolling Interests in OP Preferred | NA | NA | NA | NA | | Other Noncontrolling Interests | NA | NA | NA | NA | | Noncontrolling Interests | 0 | 0 | 0 | 0 | | Equity | 656,812 | 755,617 | 668,061 | 646,678 | | Common Shares Outstanding
(actual)
| 31,184,256 | 33,103,247 | 32,600,614 | 32,431,304 | | Convertible OP Units
(actual)
| 16,716,724 | 13,290,384 | 13,446,929 | 12,821,170 | | |
|
|
|
|
