10-Q Filing

MACERICH CO CIK: 912242 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0000912242-19-000017`
Period End Date	20190930
Filing Date	20191105
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	mac-20190930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 88 Cash Flow Statement 98 Stockholders Equity 57 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
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Property, net	`RealEstateInvestmentPropertyNet`	$6.79B	USD	Point-in-time
Property, net	`RealEstateInvestmentPropertyNet`	$6.66B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	141.22M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.71M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	141.37M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	141.37M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	141.22M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$50.62M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$8.96M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$46.59M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$52.07M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$129.73M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$123.49M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$150.66M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$277.80M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$390.40M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$85.18M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$9.63M	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.49B	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.44B	USD	Point-in-time
Total assets	`Assets`	$9.03B	USD	Point-in-time
Total assets	`Assets`	$8.78B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.29B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.07B	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$908.54M	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$749.77M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$61.35M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$59.39M	USD	Point-in-time
Lease liabilities	`OperatingandFinanceLeaseLiability`	$116.68M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$253.88M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$303.05M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$112.33M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$114.99M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$279.56M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$378.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.84B	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, 141,370,725 and 141,221,712 shares issued and outstanding at September 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, 141,370,725 and 141,221,712 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.57B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.61B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.86B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.95M	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`	$2.71B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$200.56M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$238.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.29B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.03B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.78B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Leasing revenue	`OperatingLeaseLeaseIncome`	$214.26M	USD	1 Quarter
Leasing revenue	`OperatingLeaseLeaseIncome`	$636.29M	USD	3 Qtrs
Leasing revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$224.25M	USD	1 Quarter
Leasing revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$659.38M	USD	3 Qtrs
Total revenues	`Revenues`	$713.48M	USD	3 Qtrs
Total revenues	`Revenues`	$242.20M	USD	1 Quarter
Total revenues	`Revenues`	$231.13M	USD	1 Quarter
Total revenues	`Revenues`	$685.62M	USD	3 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$7.16M	USD	1 Quarter
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$22.34M	USD	3 Qtrs
Leasing expenses	`OperatingLeasesIncomeStatementInitialDirectCosts`	$8.59M	USD	3 Qtrs
Leasing expenses	`OperatingLeasesIncomeStatementInitialDirectCosts`	$2.56M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$5.29M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$16.84M	USD	3 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$5.44M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$18.41M	USD	3 Qtrs
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	-	USD	3 Qtrs
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	-	USD	1 Quarter
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	-	USD	1 Quarter
Costs related to shareholder activism	`UnsolicitedTenderOfferCosts`	$19.37M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$82.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$240.61M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$81.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$246.64M	USD	3 Qtrs
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$180.87M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$539.06M	USD	3 Qtrs
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$180.08M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$573.89M	USD	3 Qtrs
Related parties	`InterestIncomeExpenseRelatedParty`	$-8.48M	USD	3 Qtrs
Related parties	`InterestIncomeExpenseRelatedParty`	$59.75M	USD	3 Qtrs
Related parties	`InterestIncomeExpenseRelatedParty`	$-1.07M	USD	1 Quarter
Related parties	`InterestIncomeExpenseRelatedParty`	$36.06M	USD	1 Quarter
Other	`InterestExpenseOther`	$50.86M	USD	1 Quarter
Other	`InterestExpenseOther`	$128.00M	USD	3 Qtrs
Other	`InterestExpenseOther`	$43.85M	USD	1 Quarter
Other	`InterestExpenseOther`	$150.01M	USD	3 Qtrs
Total interest expense	`InterestExpense`	$90.27M	USD	3 Qtrs
Total interest expense	`InterestExpense`	$44.93M	USD	1 Quarter
Total interest expense	`InterestExpense`	$136.48M	USD	3 Qtrs
Total interest expense	`InterestExpense`	$14.80M	USD	1 Quarter
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	-	USD	1 Quarter
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	-	USD	3 Qtrs
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	$-351.00K	USD	3 Qtrs
Loss on extinguishment of debt, net	`GainsLossesonExtinguishmentofDebtIncludingPenalties`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$710.37M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$225.80M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$629.68M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$194.88M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$18.79M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$14.58M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$34.08M	USD	3 Qtrs
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$51.33M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-1.80M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$678.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$466.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$1.70M	USD	3 Qtrs
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-131.00K	USD	1 Quarter
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$46.52M	USD	1 Quarter
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-15.51M	USD	3 Qtrs
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-514.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$55.73M	USD	3 Qtrs
Net income	`ProfitLoss`	$72.81M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.24M	USD	1 Quarter
Net income	`ProfitLoss`	$50.02M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.89M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.65M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.21M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.46M	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.37M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$69.93M	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$74.03M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$48.27M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.12M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.32M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.37M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.12M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.32M	shares	3 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$55.73M	USD	3 Qtrs
Net income	`ProfitLoss`	$72.81M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.24M	USD	1 Quarter
Net income	`ProfitLoss`	$50.02M	USD	1 Quarter
Loss on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-351.00K	USD	3 Qtrs
Loss on sale or write down of assets, net	`GainLossonSaleorWriteDownofAssets`	$-15.51M	USD	3 Qtrs
Loss on sale or write down of assets, net	`GainLossonSaleorWriteDownofAssets`	$-514.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$251.95M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$246.04M	USD	3 Qtrs
Amortization of premium on mortgage notes payable	`AmortizationOfDebtDiscountPremium`	$-696.00K	USD	3 Qtrs
Amortization of premium on mortgage notes payable	`AmortizationOfDebtDiscountPremium`	$-696.00K	USD	3 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$9.76M	USD	3 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$22.64M	USD	3 Qtrs
Straight-line rent and amortization of above and below market leases	`StraightLineRentAdjustmentsandAmortizationofaboveandbelowMarketLeases`	$-11.42M	USD	3 Qtrs
Straight-line rent and amortization of above and below market leases	`StraightLineRentAdjustmentsandAmortizationofaboveandbelowMarketLeases`	$-12.45M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.79M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$6.77M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.80M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$678.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$466.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.70M	USD	3 Qtrs
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$18.79M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$14.58M	USD	1 Quarter
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$34.08M	USD	3 Qtrs
Equity in income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$51.33M	USD	3 Qtrs
Distributions of income from unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$844.00K	USD	3 Qtrs
Distributions of income from unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$1.66M	USD	3 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$70.98M	USD	3 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$9.28M	USD	3 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-2.58M	USD	3 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-4.68M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.14M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.94M	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$-10.42M	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$5.51M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.11M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.69M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-19.59M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.66M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$247.16M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$271.98M	USD	3 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireAndDevelopRealEstate`	$133.32M	USD	3 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireAndDevelopRealEstate`	$104.91M	USD	3 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$21.11M	USD	3 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$32.86M	USD	3 Qtrs
Proceeds from repayment of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$65.79M	USD	3 Qtrs
Proceeds from repayment of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$829.00K	USD	3 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$10.88M	USD	3 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$23.79M	USD	3 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$541.34M	USD	3 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$235.81M	USD	3 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$149.37M	USD	3 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$179.06M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$83.03M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$1.25M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$16.57M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$256.16M	USD	3 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$295.00M	USD	3 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$1.08B	USD	3 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$457.71M	USD	3 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.02B	USD	3 Qtrs
Payment on finance arrangement obligation	`JointVentureDistributionsinExcessofLoanProceeds`	$27.95M	USD	Point-in-time
Payment on finance arrangement obligation	`JointVentureDistributionsinExcessofLoanProceeds`	$27.95M	USD	3 Qtrs
Payment on finance arrangement obligation	`JointVentureDistributionsinExcessofLoanProceeds`	-	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$275.00K	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$2.92M	USD	3 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$1.47M	USD	3 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$806.00K	USD	3 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$819.00K	USD	3 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$51.00K	USD	3 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$719.00K	USD	3 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$460.00K	USD	3 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$16.00K	USD	3 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$339.44M	USD	3 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$359.38M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-502.32M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-330.58M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-42.03M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$995.00K	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.10M	USD	Point-in-time
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$156.70M	USD	3 Qtrs
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$142.68M	USD	3 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$43.35M	USD	3 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$48.83M	USD	3 Qtrs
Mortgage notes payable assumed in exchange for investments in unconsolidated joint ventures	`NotesAssumed1`	$139.25M	USD	3 Qtrs
Mortgage notes payable assumed in exchange for investments in unconsolidated joint ventures	`NotesAssumed1`	-	USD	3 Qtrs
Disposition of property in exchange for investments in unconsolidated joint ventures	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$36.30M	USD	3 Qtrs
Disposition of property in exchange for investments in unconsolidated joint ventures	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	-	USD	3 Qtrs
Conversion of Operating Partnership Units to common stock	`ConversionOfStockAmountConverted1`	$75.00K	USD	3 Qtrs
Conversion of Operating Partnership Units to common stock	`ConversionOfStockAmountConverted1`	$1.00M	USD	3 Qtrs

Stockholders Equity 57 line items

Line Item	Tag	Value	Unit	Period
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.25	USD	1 Quarter
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.75	USD	1 Quarter
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.74	USD	3 Qtrs
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.22	USD	3 Qtrs
Beginning balance (in shares)	`CommonStockSharesIssued`	141.22M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	141.37M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.29B	USD	Point-in-time
Net income	`ProfitLoss`	$55.73M	USD	3 Qtrs
Net income	`ProfitLoss`	$72.81M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.24M	USD	1 Quarter
Net income	`ProfitLoss`	$50.02M	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.48M	USD	3 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-154.00K	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$184.00K	USD	3 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$175.00K	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.22M	USD	3 Qtrs
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.31M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.62M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.35M	USD	3 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$819.00K	USD	3 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$806.00K	USD	3 Qtrs
Distributions declared	`DividendsCommonStockCash`	$313.34M	USD	3 Qtrs
Distributions declared	`DividendsCommonStockCash`	$104.50M	USD	1 Quarter
Distributions declared	`DividendsCommonStockCash`	$318.18M	USD	3 Qtrs
Distributions declared	`DividendsCommonStockCash`	$106.08M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$41.20M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.20M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.74M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$26.10M	USD	3 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$16.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$50.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$460.00K	USD	3 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$16.00K	USD	3 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	3 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	3 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$51.00K	USD	3 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$719.00K	USD	3 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$596.00K	USD	1 Quarter
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$14.00K	USD	1 Quarter
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	3 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesIssued`	141.22M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	141.37M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.29B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$55.73M	USD	3 Qtrs
Net income	`ProfitLoss`	$72.81M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.24M	USD	1 Quarter
Net income	`ProfitLoss`	$50.02M	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-154.00K	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-6.48M	USD	3 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$184.00K	USD	3 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$175.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$66.33M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$49.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.91M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.42M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.89M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.65M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.21M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.46M	USD	3 Qtrs
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$46.22M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$63.45M	USD	3 Qtrs
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$48.45M	USD	3 Qtrs
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$74.20M	USD	1 Quarter

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