10-Q Filing

MACERICH CO CIK: 912242 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0000912242-19-000013`
Period End Date	20190630
Filing Date	20190805
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	mac-6302019x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 88 Cash Flow Statement 94 Stockholders Equity 55 Comprehensive Income 20

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, net	`RealEstateInvestmentPropertyNet`	$6.79B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Property, net	`RealEstateInvestmentPropertyNet`	$6.69B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.71M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	141.36M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	141.22M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.45M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	141.22M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$46.59M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$43.55M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	141.36M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$52.07M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$50.06M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$124.05M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$123.49M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$153.16M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$390.40M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$300.14M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$11.01M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$85.18M	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.49B	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.52B	USD	Point-in-time
Total assets	`Assets`	$8.94B	USD	Point-in-time
Total assets	`Assets`	$9.03B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.07B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.31B	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$908.54M	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$809.36M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$52.89M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$59.39M	USD	Point-in-time
Lease liabilities	`OperatingandFinanceLeaseLiability`	$119.78M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$303.05M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$253.22M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$114.99M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$115.43M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$378.49M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$319.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.84B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.97B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 250,000,000 shares authorized, 141,364,568 and 141,221,712 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.41M	USD	Point-in-time
Common stock, $0.01 par value, 250,000,000 shares authorized, 141,364,568 and 141,221,712 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.57B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.58B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.61B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.81B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.79M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.95B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.76B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$205.23M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$238.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.94B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.03B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Leasing revenue	`OperatingLeaseLeaseIncome`	$211.02M	USD	1 Quarter
Leasing revenue	`OperatingLeaseLeaseIncome`	$422.03M	USD	2 Qtrs
Leasing revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$435.13M	USD	2 Qtrs
Leasing revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$217.01M	USD	1 Quarter
Total revenues	`Revenues`	$471.28M	USD	2 Qtrs
Total revenues	`Revenues`	$227.97M	USD	1 Quarter
Total revenues	`Revenues`	$454.49M	USD	2 Qtrs
Total revenues	`Revenues`	$234.54M	USD	1 Quarter
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$15.18M	USD	2 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$7.68M	USD	1 Quarter
Leasing expenses	`OperatingLeasesIncomeStatementInitialDirectCosts`	$6.03M	USD	2 Qtrs
Leasing expenses	`OperatingLeasesIncomeStatementInitialDirectCosts`	$2.69M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$11.55M	USD	2 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$4.59M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$12.97M	USD	2 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$4.96M	USD	1 Quarter
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	-	USD	1 Quarter
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	$19.37M	USD	1 Quarter
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	$19.37M	USD	2 Qtrs
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$158.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$78.87M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$163.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$82.39M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$358.99M	USD	2 Qtrs
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$393.02M	USD	2 Qtrs
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$174.44M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$192.23M	USD	1 Quarter
Related parties	`InterestIncomeExpenseRelatedParty`	$-7.41M	USD	2 Qtrs
Related parties	`InterestIncomeExpenseRelatedParty`	$13.24M	USD	1 Quarter
Related parties	`InterestIncomeExpenseRelatedParty`	$23.69M	USD	2 Qtrs
Related parties	`InterestIncomeExpenseRelatedParty`	$2.76M	USD	1 Quarter
Other	`InterestExpenseOther`	$99.16M	USD	2 Qtrs
Other	`InterestExpenseOther`	$84.14M	USD	2 Qtrs
Other	`InterestExpenseOther`	$50.35M	USD	1 Quarter
Other	`InterestExpenseOther`	$41.68M	USD	1 Quarter
Total interest expense	`InterestExpense`	$75.47M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$37.11M	USD	1 Quarter
Total interest expense	`InterestExpense`	$38.91M	USD	1 Quarter
Total interest expense	`InterestExpense`	$91.55M	USD	2 Qtrs
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	-	USD	2 Qtrs
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	-	USD	1 Quarter
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	$-351.00K	USD	2 Qtrs
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$484.57M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$434.80M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$211.54M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$231.15M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$7.26M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$19.50M	USD	2 Qtrs
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$15.67M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$32.54M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$1.02M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-2.27M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$684.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$679.00K	USD	1 Quarter
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-9.06M	USD	1 Quarter
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-9.52M	USD	1 Quarter
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-47.03M	USD	2 Qtrs
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-15.38M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$22.79M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$8.87M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-25.52M	USD	2 Qtrs
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.79M	USD	1 Quarter
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.05M	USD	1 Quarter
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$242.00K	USD	2 Qtrs
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-768.00K	USD	2 Qtrs
Net income (loss) attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.56M	USD	2 Qtrs
Net income (loss) attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.82M	USD	1 Quarter
Net income (loss) attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.73M	USD	1 Quarter
Net income (loss) attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-25.76M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.16	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.16	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.30M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.08M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.30M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.08M	shares	2 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$22.79M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$8.87M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-25.52M	USD	2 Qtrs
Loss on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-351.00K	USD	2 Qtrs
Loss on sale or write down of assets, net	`GainLossonSaleorWriteDownofAssets`	$-47.03M	USD	2 Qtrs
Loss on sale or write down of assets, net	`GainLossonSaleorWriteDownofAssets`	$-15.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$167.37M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$162.42M	USD	2 Qtrs
Amortization of premium on mortgage notes payable	`AmortizationOfDebtDiscountPremium`	$-464.00K	USD	2 Qtrs
Amortization of premium on mortgage notes payable	`AmortizationOfDebtDiscountPremium`	$-463.00K	USD	2 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$7.43M	USD	2 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$19.09M	USD	2 Qtrs
Straight-line rent and amortization of above and below market leases	`StraightLineRentAdjustmentsandAmortizationofaboveandbelowMarketLeases`	$-7.20M	USD	2 Qtrs
Straight-line rent and amortization of above and below market leases	`StraightLineRentAdjustmentsandAmortizationofaboveandbelowMarketLeases`	$-7.45M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.60M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.83M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.02M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-2.27M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$684.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$679.00K	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$7.26M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$19.50M	USD	2 Qtrs
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$15.67M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$32.54M	USD	2 Qtrs
Distributions of income from unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$669.00K	USD	2 Qtrs
Distributions of income from unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$460.00K	USD	2 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$31.52M	USD	2 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$4.39M	USD	2 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-13.88M	USD	2 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-10.29M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.68M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.67M	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$1.11M	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$-9.05M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.25M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$935.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-8.92M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-8.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$164.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$165.08M	USD	2 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireAndDevelopRealEstate`	$56.30M	USD	2 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireAndDevelopRealEstate`	$98.85M	USD	2 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$17.42M	USD	2 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$18.00M	USD	2 Qtrs
Proceeds from repayment of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$618.00K	USD	2 Qtrs
Proceeds from repayment of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$65.57M	USD	2 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$18.32M	USD	2 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$9.53M	USD	2 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$91.35M	USD	2 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$448.07M	USD	2 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$96.99M	USD	2 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$75.02M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$27.06M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$1.01M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.89M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$266.13M	USD	2 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$976.00M	USD	2 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$195.00M	USD	2 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$400.34M	USD	2 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$844.56M	USD	2 Qtrs
Payment on finance arrangement obligation	`JointVentureDistributionsinExcessofLoanProceeds`	$27.94M	USD	Point-in-time
Payment on finance arrangement obligation	`JointVentureDistributionsinExcessofLoanProceeds`	$27.94M	USD	2 Qtrs
Payment on finance arrangement obligation	`JointVentureDistributionsinExcessofLoanProceeds`	-	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$178.00K	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$2.92M	USD	2 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$278.00K	USD	2 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$806.00K	USD	2 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$819.00K	USD	2 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$123.00K	USD	2 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$37.00K	USD	2 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$410.00K	USD	2 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$226.75M	USD	2 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$244.55M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-431.58M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-143.06M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-873.00K	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-593.00K	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.30M	USD	Point-in-time
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$93.03M	USD	2 Qtrs
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$105.35M	USD	2 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$36.84M	USD	2 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$49.95M	USD	2 Qtrs
Conversion of Operating Partnership Units to common stock	`ConversionOfStockAmountConverted1`	$1.00M	USD	2 Qtrs
Conversion of Operating Partnership Units to common stock	`ConversionOfStockAmountConverted1`	$75.00K	USD	2 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.48	USD	2 Qtrs
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.50	USD	2 Qtrs
Beginning balance (in shares)	`CommonStockSharesIssued`	141.36M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	141.22M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$22.79M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$8.87M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-25.52M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-52.00K	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-6.33M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$9.00K	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-4.28M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.37M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.04M	USD	2 Qtrs
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.99M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$23.60M	USD	2 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$819.00K	USD	1 Quarter
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$806.00K	USD	2 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$819.00K	USD	2 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$806.00K	USD	1 Quarter
Distributions declared	`DividendsCommonStockCash`	$106.04M	USD	1 Quarter
Distributions declared	`DividendsCommonStockCash`	$212.09M	USD	2 Qtrs
Distributions declared	`DividendsCommonStockCash`	$208.85M	USD	2 Qtrs
Distributions declared	`DividendsCommonStockCash`	$104.14M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.82M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$17.90M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.11M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$32.46M	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$410.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$410.00K	USD	2 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	2 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	2 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$58.00K	USD	1 Quarter
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$10.00K	USD	1 Quarter
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$123.00K	USD	2 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$37.00K	USD	2 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	2 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	2 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesIssued`	141.36M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	141.22M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$22.79M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$8.87M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-25.52M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-52.00K	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-6.33M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$9.00K	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-4.28M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-25.51M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.67M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.46M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.81M	USD	1 Quarter
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.79M	USD	1 Quarter
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.05M	USD	1 Quarter
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$242.00K	USD	2 Qtrs
Less net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-768.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-25.75M	USD	2 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$7.76M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$17.23M	USD	2 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$11.45M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.