Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES    
Base rents $ 143,263 $ 144,288
Escalations and recoveries from tenants 20,748 19,409
Construction services 8,226 3,463
Real estate services 6,443 1,171
Parking income 1,399 1,611
Other income 1,753 7,881
Total revenues 181,832 177,823
EXPENSES    
Real estate taxes 22,976 22,384
Utilities 17,359 15,816
Operating services 27,394 25,256
Direct construction costs 7,825 3,278
Real estate services expenses 4,952 504
General and administrative 12,017 10,793
Depreciation and amortization 46,504 46,594
Total expenses 139,027 124,625
Operating income 42,805 53,198
OTHER (EXPENSE) INCOME    
Interest expense (29,869) (30,548)
Interest and other investment income 6 13
Equity in earnings (loss) of unconsolidated joint ventures (1,750) 600
Total other (expense) income (31,613) (29,935)
Income from continuing operations 11,192 23,263
Discontinued operations:    
Income (loss) from discontinued operations 1,897 1,992
Realized gains (losses) and unrealized losses on disposition of rental property, net   4,012
Total discontinued operations, net 1,897 6,004
Net income 13,089 29,267
Noncontrolling interest in consolidated joint ventures 62 79
Noncontrolling interest in Operating Partnership (1,365) (2,846)
Noncontrolling interest in discontinued operations (230) (733)
Net income available to common shareholders $ 11,556 $ 25,767
Basic earnings per common share:    
Income from continuing operations $ 0.11 $ 0.23
Discontinued operations $ 0.02 $ 0.06
Net income available to common shareholders $ 0.13 $ 0.29
Diluted earnings per common share:    
Income from continuing operations $ 0.11 $ 0.23
Discontinued operations $ 0.02 $ 0.06
Net income available to common shareholders $ 0.13 $ 0.29
Basic weighted average shares outstanding 87,669 87,799
Diluted weighted average shares outstanding 99,849 100,062