Financial Highlights

Mobile IR SiteTear sheetRSS FeedsEmail pagePDF viewPrint viewEmail Alert
Trend Analysis--Quarterly
Annual Analysis

For the definition of a financial field, click on the field name.


Funds from Operations
 2016 Q42015 Q4 Y-Y
Ch (%)
2016 Q3 Q-Q
Ch (%)
Funds from Operations ($000)306,001353,061(13.33)295,88313.68
FFO per Share ($)0.800.92(13.04)0.7715.58
AFFO per ShareNANANANANA
Income Statement ($000)
 2016 Q42015 Q4 Y-Y
Ch (%)
2016 Q3 Q-Q
Ch (%)
Rental Revenue605,273701,219(13.68)605,856(0.38)
Partnership Income(1,045)637NM(1,091)(16.87)
Total Revenue610,199706,225(13.60)601,1536.02
Rental Operating Expense175,568199,501(12.00)185,559(21.54)
Expenses480,944531,775(9.56)486,395(4.48)
Net Income302,381213,72041.48217,492156.12
Rental NOI429,705501,718(14.35)420,2978.95
Diluted EPS before Extraordinary Items ($)0.750.5536.360.56135.71
Diluted EPS after Extraordinary Items ($)0.750.5536.360.56135.71
Dividends Declared per Common Share ($)0.50380.5525(8.82)3.5038(342.49)
Avg Diluted Shares Out (actual)381,860,204381,219,7130.17382,373,294(0.54)
Balance Sheet ($000)
 2016 Q42015 Q4 Y-Y
Ch (%)
2016 Q3 Q-Q
Ch (%)
Properties at Cost: Operational24,630,44123,901,1333.0524,485,0932.37
Accumulated Depreciation5,360,3894,905,4069.285,255,9657.95
Net Properties: Operational19,270,05218,995,7271.4419,229,1280.85
Land Held for Development84,440120,007(29.64)84,4400.00
Total Real Estate Investments20,086,17722,526,182(10.83)20,166,189(1.59)
Total Assets20,704,14823,110,196(10.41)21,297,744(11.15)
Total Debt8,987,25810,921,366(17.71)8,498,78722.99
Total Liabilities9,801,07211,847,058(17.27)10,517,051(27.23)
Common Equity10,191,79810,433,088(2.31)10,078,2254.51
Common Shares Outstanding (actual)365,870,924364,755,4440.31365,657,0650.23
Convertible Operating Partnership Units (actual)14,626,07514,427,1641.3814,627,745(0.05)
Same Store Operations
 2016 Q42015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)1.906.80(490)2.40(50)
EBITDA
 2016 Q42015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)4.184.1444.42(24)
Recurring EBITDA/ Interest & Preferred Dividends (x)4.154.1144.38(24)
Income Statement Ratios
 2016 Q42015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Dividend Payout to FFO (%)62.9760.055455.03(345)
G&A/ Revenue (%)4.665.04(8)5.31(49)
Profitability Ratios
 2016 Q42015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Return on Average Assets (%)5.763.712054.09167
Return on Average Equity (%)11.637.993648.00363
   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.