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, 2014
Mar. 31, 2013
REVENUES    
Base rents $ 134,051 $ 133,623
Escalations and recoveries from tenants 25,568 19,488
Construction services   8,226
Real estate services 6,692 6,443
Parking income 2,114 1,392
Other income 1,171 1,741
Total revenues 169,596 170,913
EXPENSES    
Real estate taxes 24,351 21,649
Utilities 28,281 16,288
Operating services 29,222 25,308
Direct construction costs   7,825
Real estate services expenses 6,709 4,953
General and administrative 22,881 11,973
Depreciation and amortization 44,985 43,348
Total expenses 156,429 131,344
Operating income 13,167 39,569
OTHER (EXPENSE) INCOME    
Interest expense (29,946) (29,869)
Interest and other investment income 386 6
Equity in earnings (loss) of unconsolidated joint ventures (1,235) (1,750)
Total other (expense) income (30,795) (31,613)
Income (loss) from continuing operations (17,628) 7,956
Discontinued operations:    
Income from discontinued operations   5,133
Total discontinued operations   5,133
Net income (loss) (17,628) 13,089
Noncontrolling interest in consolidated joint ventures 322 62
Noncontrolling interest in Operating Partnership 2,008 (973)
Noncontrolling interest in discontinued operations   (622)
Net income (loss) available to common shareholders $ (15,298) $ 11,556
Basic earnings per common share:    
Income (loss) from continuing operations $ (0.17) $ 0.08
Discontinued operations   $ 0.05
Net income (loss) available to common shareholders $ (0.17) $ 0.13
Diluted earnings per common share:    
Income (loss) from continuing operations $ (0.17) $ 0.08
Discontinued operations   $ 0.05
Net income (loss) available to common shareholders $ (0.17) $ 0.13
Basic weighted average shares outstanding 88,289 87,669
Diluted weighted average shares outstanding 99,876 99,849