2014 Q4 Form 10-K Financial Statement

#000102599615000075 Filed on February 10, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $141.8M $129.0M $127.2M
YoY Change 19.53% 13.63% 9.77%
Cost Of Revenue $38.30M $37.60M $36.70M
YoY Change 8.5% 5.92% 11.55%
Gross Profit $103.5M $91.40M $90.50M
YoY Change 24.25% 17.03% 11.59%
Gross Profit Margin 73.01% 70.84% 71.16%
Selling, General & Admin $12.30M $11.20M $11.90M
YoY Change 21.78% 8.74% 20.2%
% of Gross Profit 11.88% 12.25% 13.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $53.90M $50.60M $50.80M
YoY Change 5.27% 0.0% 3.04%
% of Gross Profit 52.08% 55.36% 56.13%
Operating Expenses $66.10M $61.20M $100.6M
YoY Change 9.44% -35.47% 10.6%
Operating Profit $37.40M $30.20M -$10.13M
YoY Change 63.32% -280.47% 2.49%
Interest Expense -$17.70M -$16.60M $16.02M
YoY Change 2.31% -188.05% -17.57%
% of Operating Profit -47.33% -54.97%
Other Income/Expense, Net -$15.60M
YoY Change -19.64%
Pretax Income $19.40M $13.20M $15.90M
YoY Change 288.0% 312.5% 144.62%
Income Tax
% Of Pretax Income
Net Earnings $30.85M $18.98M $30.54M
YoY Change 36.34% 113.38% 207.06%
Net Earnings / Revenue 21.76% 14.71% 24.01%
Basic Earnings Per Share $0.32 $0.18 $0.33
Diluted Earnings Per Share $0.32 $0.18 $0.32
COMMON SHARES
Basic Shares Outstanding 83.96M shares 83.18M shares 82.28M shares
Diluted Shares Outstanding 84.60M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.00M $200.0M $25.00M
YoY Change -31.43% 1.52% -76.85%
Cash & Equivalents $23.78M $200.0M $25.00M
Short-Term Investments
Other Short-Term Assets $20.00M $20.00M $22.00M
YoY Change 25.0% 17.65% 37.5%
Inventory
Prepaid Expenses
Receivables $164.0M $146.0M $145.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $208.0M $366.0M $192.0M
YoY Change 10.05% 5.48% -25.87%
LONG-TERM ASSETS
Property, Plant & Equipment $5.110B $4.838B $4.781B
YoY Change 14.93% 13.38% 11.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.00M $12.00M $12.00M
YoY Change 20.0% 33.33% 50.0%
Other Assets $304.0M $270.0M $289.0M
YoY Change -34.76% -41.94% 27.31%
Total Long-Term Assets $5.426B $5.121B $5.082B
YoY Change 10.23% 7.99% 12.52%
TOTAL ASSETS
Total Short-Term Assets $208.0M $366.0M $192.0M
Total Long-Term Assets $5.426B $5.121B $5.082B
Total Assets $5.634B $5.487B $5.274B
YoY Change 10.23% 7.81% 10.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $226.0M $244.0M $216.0M
YoY Change 14.14% 16.19% 16.76%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $259.0M $276.0M $248.0M
YoY Change 13.1% 14.52% 15.89%
LONG-TERM LIABILITIES
Long-Term Debt $2.469B $2.429B $2.245B
YoY Change 11.97% 12.35% 3.65%
Other Long-Term Liabilities $182.0M $163.0M $158.0M
YoY Change 13.75% 1.24% 0.64%
Total Long-Term Liabilities $2.651B $2.592B $2.403B
YoY Change 12.09% 11.58% 3.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $259.0M $276.0M $248.0M
Total Long-Term Liabilities $2.651B $2.592B $2.403B
Total Liabilities $2.910B $2.924B $2.650B
YoY Change 12.14% 13.99% 4.47%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $863.0K
YoY Change 4.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.666B $2.564B $2.567B
YoY Change
Total Liabilities & Shareholders Equity $5.634B $5.487B $5.274B
YoY Change 10.23% 7.81% 10.43%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $30.85M $18.98M $30.54M
YoY Change 36.34% 113.38% 207.06%
Depreciation, Depletion And Amortization $53.90M $50.60M $50.80M
YoY Change 5.27% 0.0% 3.04%
Cash From Operating Activities $48.00M $90.40M $61.80M
YoY Change -11.6% 14.0% 22.38%
INVESTING ACTIVITIES
Capital Expenditures -$311.0M -$158.9M -$219.9M
YoY Change 33.25% -38.48% 177.65%
Acquisitions
YoY Change
Other Investing Activities -$1.500M $91.90M $800.0K
YoY Change -117.86% -3503.7% -94.7%
Cash From Investing Activities -$312.4M -$67.10M -$219.2M
YoY Change 38.97% -74.3% 242.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 87.90M 152.5M 86.40M
YoY Change 898.86% -43.75% -704.2%
NET CHANGE
Cash From Operating Activities 48.00M 90.40M 61.80M
Cash From Investing Activities -312.4M -67.10M -219.2M
Cash From Financing Activities 87.90M 152.5M 86.40M
Net Change In Cash -176.5M 175.8M -71.00M
YoY Change 9.15% 96.86% 155.4%
FREE CASH FLOW
Cash From Operating Activities $48.00M $90.40M $61.80M
Capital Expenditures -$311.0M -$158.9M -$219.9M
Free Cash Flow $359.0M $249.3M $281.7M
YoY Change 24.78% -26.16% 117.19%

Facts In Submission

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40137000 USD
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1.47
CY2013 us-gaap Interest Expense
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75870000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.37
CY2013 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
36000 USD
CY2014 krc Sharesof Common Stock Issuedin Capped Call Value
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0 USD
CY2012 krc Tenant Improvements Funded Directly By Tenants To Third Parties
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17719000 USD
CY2012 krc Valueof Stock Issued Sharebased Compensation
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31396000 USD
CY2014Q4 us-gaap Accrual For Environmental Loss Contingencies
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15500000 USD
CY2012 krc Sec Schedule Iii Real Estate Period Decrease
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272025000 USD
CY2013 krc Sec Schedule Iii Real Estate Period Decrease
SECScheduleIIIRealEstatePeriodDecrease
329428000 USD
CY2014 krc Sec Schedule Iii Real Estate Period Decrease
SECScheduleIIIRealEstatePeriodDecrease
135477000 USD
CY2014 krc Sec Schedule Iii Real Estate Period Increase
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928462000 USD
CY2012 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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877000 USD
CY2013 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2521000 USD
CY2014 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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3533000 USD
CY2013 us-gaap Amortization Of Financing Costs
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13200000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Other
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0 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Other
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0 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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8537000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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9563000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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14471000 USD
CY2012 us-gaap Allocated Share Based Compensation Expense
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8500000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14500000 USD
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-6699000 USD
CY2014 us-gaap Amortization Of Financing Costs
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12200000 USD
CY2012 us-gaap Amortization Of Financing Costs And Discounts
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8433000 USD
CY2012 us-gaap Amortization Of Intangible Assets
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36202000 USD
CY2013 us-gaap Amortization Of Intangible Assets
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47395000 USD
CY2014 us-gaap Amortization Of Intangible Assets
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41155000 USD
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5111028000 USD
CY2014Q4 us-gaap Assets
Assets
5633736000 USD
CY2013Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
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213100000 USD
CY2012 krc Sec Schedule Iii Real Estate Period Increase
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1230729000 USD
CY2014 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Increase
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153841000 USD
CY2013 krc Sec Schedule Iii Real Estate Period Increase
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836981000 USD
CY2012 krc Sec Schedule Iii Real Estate Deductions Properties Heldfor Sale
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0 USD
CY2013 krc Sec Schedule Iii Real Estate Deductions Properties Heldfor Sale
SECScheduleIIIRealEstateDeductionsPropertiesHeldforSale
259251000 USD
CY2014 krc Sec Schedule Iii Real Estate Deductions Properties Heldfor Sale
SECScheduleIIIRealEstateDeductionsPropertiesHeldforSale
14700000 USD
CY2013Q4 us-gaap Line Of Credit
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45000000 USD
CY2014Q4 us-gaap Line Of Credit
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140000000 USD
CY2013 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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1489000 USD
CY2014 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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397000 USD
CY2013Q4 us-gaap Land And Land Improvements
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657491000 USD
CY2014Q4 us-gaap Land And Land Improvements
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877633000 USD
CY2013 us-gaap Lease And Rental Expense
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3504000 USD
CY2013Q4 us-gaap Minority Interest In Operating Partnerships
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49963000 USD
CY2014 us-gaap Lease And Rental Expense
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3075000 USD
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14447000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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56000 USD
CY2014Q4 us-gaap Minority Interest In Operating Partnerships
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51864000 USD
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0.980
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1805200 shares
CY2014Q4 us-gaap Limited Partners Capital Account Units Outstanding
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1804200 shares
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756515000 USD
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4937000 USD
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685000 USD
CY2014Q1 us-gaap Net Rentable Area
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79000 sqft
CY2014 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
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3589000 USD
CY2013 us-gaap Operating Leases Income Statement Lease Revenue
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411899000 USD
CY2013 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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95496000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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0 USD
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102229000 USD
CY2013 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
900000 USD
CY2013 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
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17500000 USD
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
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54198000 USD
CY2012 us-gaap Conversion Of Stock Amount Converted1
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231000 USD
CY2014 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
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7700000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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4777000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16700000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
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11923000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-11596000 USD
CY2014Q4 us-gaap Cash Fdic Insured Amount
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250000 USD
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USD
CY2014Q4 us-gaap Commitments And Contingencies
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USD
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1.40
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0.01
CY2013Q4 us-gaap Common Stock Shares Outstanding
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82153944 shares
CY2014 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
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2800000 USD
CY2014 us-gaap Concentration Risk Percentage1
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0.353
CY2012 us-gaap Cost Of Real Estate Revenue
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73998000 USD
CY2014Q4 us-gaap Debt Instrument Unamortized Premium
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10300000 USD
CY2013Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
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9900000 USD
CY2014Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
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11900000 USD
CY2012 us-gaap Defined Contribution Plan Cost Recognized
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700000 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
900000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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1000000 USD
CY2014 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.1
CY2014 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.6
CY2012 us-gaap Depreciation And Amortization
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150521000 USD
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4924000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
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168687000 USD
CY2012 us-gaap Depreciation Nonproduction
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1213000 USD
CY2012 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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259245000 USD
CY2013Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
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259250000 USD
CY2012 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
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23331000 USD
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196140000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
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19379000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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34825000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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23330000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Other Income
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1923000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Other Income
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5178000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
13000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Rental Income
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49689000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Revenue
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58156000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
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111517000 USD
CY2014 us-gaap Payments To Develop Real Estate Assets
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417784000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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118463000 USD
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15783000 USD
CY2013 us-gaap Payments Of Financing Costs
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4384000 USD
CY2014 us-gaap Payments Of Financing Costs
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8648000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets
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20375000 USD
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7165000 USD
CY2014 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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1699000 USD
CY2013 us-gaap Payments For Capital Improvements
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129873000 USD
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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2520000 USD
CY2014 us-gaap Payments For Capital Improvements
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132080000 USD
CY2014 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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1983000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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3533000 USD
CY2013 us-gaap Payments To Acquire Commercial Real Estate
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202682000 USD
CY2014 us-gaap Payments To Acquire Commercial Real Estate
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204546000 USD
CY2013 us-gaap Payments To Develop Real Estate Assets
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320141000 USD
CY2014 us-gaap Interest Expense
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67571000 USD
CY2014 us-gaap Interest Paid Net
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58944000 USD
CY2013Q4 us-gaap Investment Building And Building Improvements
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3590699000 USD
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8680000 USD
CY2013 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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1689000 USD
CY2013 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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2596000 USD
CY2014 us-gaap Proceeds From Issuance Of Unsecured Debt
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395528000 USD
CY2014 us-gaap Real Estate Tax Expense
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45197000 USD
CY2013 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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21178000 USD
CY2014 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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427544000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
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128000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
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21092000 USD
CY2013 us-gaap Provision For Doubtful Accounts
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396000 USD
CY2014 us-gaap Provision For Doubtful Accounts
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58000 USD
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818957000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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947664000 USD
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
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505000000 USD
CY2013 us-gaap Real Estate Tax Expense
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39417000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Fair Value
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126800000 USD
CY2013 us-gaap Redeemable Preferred Stock Dividends
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13250000 USD
CY2014 us-gaap Redeemable Preferred Stock Dividends
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13250000 USD
CY2013 us-gaap Repayments Of Convertible Debt
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0 USD
CY2014 us-gaap Repayments Of Convertible Debt
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172500000 USD
CY2013 us-gaap Repayments Of Long Term Lines Of Credit
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195000000 USD
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
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410000000 USD
CY2013 us-gaap Repayments Of Secured Debt
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93688000 USD
CY2014 us-gaap Repayments Of Secured Debt
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9845000 USD
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75185000 USD
CY2014Q4 us-gaap Secured Debt
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546292000 USD
CY2013 us-gaap Share Based Compensation
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8616000 USD
CY2014 us-gaap Share Based Compensation
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12095000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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236604 shares
CY2014Q1 us-gaap Share Price
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51.64
CY2014Q2 us-gaap Share Price
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60.16
CY2013 us-gaap Straight Line Rent
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24135000 USD
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1431132000 USD
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31782000 USD
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38047000 USD
CY2014 us-gaap Tenant Reimbursements
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46717000 USD
CY2013Q4 us-gaap Trading Securities
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10008000 USD
CY2014Q4 us-gaap Trading Securities
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11971000 USD
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0.32
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7497000 USD
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104393000 USD
CY2014 us-gaap Dividends Common Stock
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121563000 USD
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14108000 USD
CY2013 us-gaap Dividends Preferred Stock
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13250000 USD
CY2014 us-gaap Dividends Preferred Stock
DividendsPreferredStock
13250000 USD
CY2012 us-gaap Earnings Per Share Basic
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3.56
CY2013Q1 us-gaap Earnings Per Share Basic
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-0.02
CY2013Q2 us-gaap Earnings Per Share Basic
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0.08
CY2013Q3 us-gaap Earnings Per Share Basic
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0.07
CY2013Q4 us-gaap Earnings Per Share Basic
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0.23
CY2014Q1 us-gaap Earnings Per Share Basic
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1.17
CY2014Q2 us-gaap Earnings Per Share Basic
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0.33
CY2014Q3 us-gaap Earnings Per Share Basic
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0.18
CY2014Q4 us-gaap Earnings Per Share Basic
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0.32
CY2013Q1 us-gaap Earnings Per Share Diluted
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-0.02
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2014Q1 us-gaap Earnings Per Share Diluted
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1.14
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
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3490000 USD
CY2012 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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900000 USD
CY2012 us-gaap Gains Losses On Sales Of Investment Real Estate
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0 USD
CY2012 us-gaap General And Administrative Expense
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36188000 USD
CY2012 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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-656000 USD
CY2012 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-5475000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-225000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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6942000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
3180000 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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5038000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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14935000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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10874000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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15854000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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13168000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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19417000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
59313000 USD
CY2012 us-gaap Income Loss From Continuing Operations Per Diluted Share
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-0.40
CY2012 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2013 us-gaap Dividends Common Stock
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114543000 USD
CY2014Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
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23400000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1877485 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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84967720 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
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77343853 shares
CY2014Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
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219600000 USD
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
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83090235 shares
CY2013Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
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12100000 USD
CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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2613000 USD
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
3.96
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
91058000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
15289000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
6135000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
5847000 USD
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
12013000 USD
CY2013Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
18009000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
124495000 USD
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
6843000 USD
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
3.96
CY2012 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
1297000 USD
CY2012 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
17320000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
18359000 USD
CY2012 us-gaap Interest Expense
InterestExpense
79114000 USD
CY2012 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
17657000 USD
CY2012 us-gaap Interest Paid Net
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71633000 USD
CY2012 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
723000 USD
CY2013Q4 us-gaap Minority Interest
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54848000 USD
CY2014Q4 us-gaap Minority Interest
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57726000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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537705000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
284621000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
244587000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-706506000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-506520000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-501436000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
180724000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
270914000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
2410000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
9946000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
8896000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
43880000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
99845000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
30540000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
18982000 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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3161000 USD
CY2013 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
32742000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2123000 USD
CY2013 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-7777000 USD
CY2014 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-367000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
240576000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
245253000 USD
CY2013Q4 us-gaap Net Income Loss
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22628000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
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306878000 USD
CY2012 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1487000 USD
CY2013Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
9027000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
101932000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
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818957000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6057932000 USD
CY2010Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3798690000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
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5110268000 USD
CY2014Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
141765000 USD
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-1000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1327482000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2235933000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2516160000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
560434000 USD
CY2014Q4 us-gaap Unsecured Debt
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1783121000 USD
CY2013Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
251800000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77343853 shares
CY2013Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
90800000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
180219000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
249826000 USD
CY2014Q4 us-gaap Net Rentable Area
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14096617 sqft
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-903000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5584000 USD
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19316000 USD
CY2012 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
221032000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30630000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
96532000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15669000 USD
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27540000 USD
CY2012 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
37535000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
166969000 USD
CY2012 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
6187000 USD
CY2013 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
4885000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
977000 USD
CY2012 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
5604000 USD
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-78266000 USD
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-74235000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-67010000 USD
CY2014Q4 us-gaap Number Of Real Estate Properties
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9
CY2012 us-gaap Operating Expenses
OperatingExpenses
300527000 USD
CY2013 us-gaap Operating Expenses
OperatingExpenses
367941000 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
398892000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
169958000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3120000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3120000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3120000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3120000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3120000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
154358000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
3181855000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
428302000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
367745000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
414397000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
447163000 USD
CY2012 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
3541000 USD
CY2013 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1217370000 USD
CY2012 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
342164000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
30852000 USD
CY2014 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
31143000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
19303000 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
153000 USD
CY2013Q4 us-gaap Profit Loss
ProfitLoss
23047000 USD
CY2014Q4 us-gaap Profit Loss
ProfitLoss
31430000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
44565000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
183808000 USD
CY2012 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
86377000 USD
CY2012 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
454841000 USD
CY2012 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
21088000 USD
CY2012 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
333942000 USD
CY2013 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
13250000 USD
CY2012 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
83310000 USD
CY2014 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
13250000 USD
CY2012 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
6980000 USD
CY2013 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2014 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2013Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2012 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
192411000 USD
CY2013 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 USD
CY2013Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2014 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 USD
CY2012 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
97000000 USD
CY2013 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2014 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2013Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2014Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2014Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2014Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2014Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2012 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1751000 USD
CY2013 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
448000 USD
CY2014 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2012 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
-1751000 USD
CY2013 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
-448000 USD
CY2014 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
0 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
672102000 USD
CY2012 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1602000 USD
CY2012 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
150000000 USD
CY2012 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
704000000 USD
CY2012 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
263572000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
129000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
277101000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
2388000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
10103000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
947664000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
536022000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
4620153000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1437779000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
1789547000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2870399000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1397986000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6057932000 USD
CY2012 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
2097000 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
2629000 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
16000 USD
CY2012 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
109797000 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
17144000 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
18111000 USD
CY2012 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
264533000 USD
CY2013 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
56993000 USD
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
113416000 USD
CY2014Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
5200000000 USD
CY2012 us-gaap Real Estate Improvements
RealEstateImprovements
207345000 USD
CY2013 us-gaap Real Estate Improvements
RealEstateImprovements
452331000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
588166000 USD
CY2012Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4757394000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5264947000 USD
CY2012 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
1023384000 USD
CY2013 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
384650000 USD
CY2014 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
340296000 USD
CY2012 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
7492000 USD
CY2013 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
13184000 USD
CY2014 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
7361000 USD
CY2012 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
373318000 USD
CY2013Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
109107000 USD
CY2013Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
115855000 USD
CY2013Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
113545000 USD
CY2013Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
118604000 USD
CY2013 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
457111000 USD
CY2014Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
123758000 USD
CY2014Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
129024000 USD
CY2010Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
742503000 USD
CY2014Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
127178000 USD
CY2014Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
988025 shares
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
2461312000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
2666210000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2723936000 USD
CY2012 us-gaap Straight Line Rent
StraightLineRent
21530000 USD
CY2012 us-gaap Tenant Reimbursements
TenantReimbursements
29667000 USD
CY2014 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
223000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
128000 USD
CY2012 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
2062000 USD
CY2012 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
31562000 USD
CY2012 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
10567000 USD
CY2012 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
148000000 USD
CY2012 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
701000000 USD
CY2012 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
106262000 USD
CY2012 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
-125906000 USD
CY2013 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
-145325000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
-153841000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
7670000 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y2M
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M
CY2013 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2014 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
672102000 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
349951000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
123860000 USD
CY2012 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-784000 USD
CY2013 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
1000 USD
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1291000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1448000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1692000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
129000 USD
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69639623 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69639623 shares
CY2014 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
521725000 USD
CY2014 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All of our properties and development and redevelopment projects are owned and all of our business is currently conducted in the state of California with the exception of the ownership and operation of </font><font style="font-family:inherit;font-size:10pt;">thirteen</font><font style="font-family:inherit;font-size:10pt;">&#160;office properties located in the state of Washington. The ability of tenants to honor the terms of their leases is dependent upon the economic, regulatory, and social factors affecting the communities in which our tenants operate. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31,&#160;2014</font><font style="font-family:inherit;font-size:10pt;">, our 15 largest tenants represented approximately </font><font style="font-family:inherit;font-size:10pt;">35.3%</font><font style="font-family:inherit;font-size:10pt;"> of total annualized base rental revenues. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have deposited cash with financial institutions that is insured by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) up to </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;"> per institution. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31,&#160;2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">, we had cash accounts in excess of FDIC insured limits. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates.</font></div></div>
CY2014 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
147182000 USD
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
248224000 USD
CY2013 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
28941000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
18677000 USD
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
86259684 shares
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.56
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
282576000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
29630000 USD
CY2014 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
44385000 USD
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3168000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
2594868000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
2909800000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5111028000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5633736000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6633000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27228000 USD
CY2012 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-5000000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
97386000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7963000 USD
CY2012 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1661000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4445990000 USD
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
198467000 USD
CY2014Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
9228000 USD
CY2014 us-gaap Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize revenue from rent, tenant reimbursements, parking and other revenue once all of the following criteria are met: (i)&#160;the agreement has been fully executed and delivered, (ii)&#160;services have been rendered, (iii)&#160;the amount is fixed or determinable, and (iv)&#160;the collectability of the amount is reasonably assured.</font></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Minimum annual rental revenues are recognized in rental revenues on a straight-line basis over the term of the related lease. Rental revenue recognition commences when the tenant takes possession or controls the physical use of the leased space. In order for the tenant to take possession, the leased space must be substantially ready for its intended use. To determine whether the leased space is substantially ready for its intended use, we evaluate whether the Company owns or the tenant owns the tenant improvements. When we conclude that the Company is the owner of tenant improvements, rental revenue recognition begins when the tenant takes possession of the finished space, which is when such tenant improvements are substantially complete. In certain instances, when we conclude that the Company is not the owner (the tenant is the owner) of tenant improvements, rental revenue recognition begins when the tenant takes possession of or controls the space.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When we conclude that the Company is the owner of tenant improvements, we record the cost to construct the tenant improvements, including costs paid for or reimbursed by the tenants, as a capital asset. For these tenant improvements, we record the amount funded by or reimbursed by the tenants as deferred revenue, which is amortized on a straight-line basis as additional rental income over the term of the related lease.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When we conclude that the tenant is the owner of tenant improvements for accounting purposes, we record our contribution towards those improvements as a lease incentive, which is included in deferred leasing costs and acquisition-related intangible assets, net on our consolidated balance sheets and amortized as a reduction to rental income on a straight-line basis over the term of the lease.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Tenant Reimbursements</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reimbursements from tenants, consisting of amounts due from tenants for common area maintenance, real estate taxes and other recoverable costs, are recognized as revenue in the period the recoverable costs are incurred. Tenant reimbursements are recognized and recorded on a gross basis, as we are generally the primary obligor with respect to purchasing goods and services from third-party suppliers, have discretion in selecting the supplier, and have credit risk.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other Property Income</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other property income primarily includes amounts recorded in connection with lease terminations and tenant bankruptcy settlement payments. Lease termination fees are amortized over the remaining lease term, if applicable. If there is no remaining lease term, they are recognized when received and realized. Other property income also includes miscellaneous income from tenants, such as fees related to the restoration of leased premises to their original condition and fees for late rental payments.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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