| In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Colonial Realty Limited Partnership | 393.5 | 353.4 | 324.1 | 325.0 | | | | |
| Multifamily | 367.6 | 672.1 | 309.4 | 307.2 | 188.3 | 183.0 | 190.8 | 167.0 |
| Minimum rent | 320.5 | 287.4 | 260.6 | 265.9 | 276.3 | | | |
| Multifamily - Same Property | 310.9 | 590.4 | 283.1 | 166.1 | | | | |
| Other | | | | | | 135.6 | 305.2 | 247.3 |
| Total revenues [+] | 393.5 | 353.4 | 324.1 | 325.0 | 344.4 | 318.6 | 496.1 | 414.3 |
| Tenant reimbursements | 9.6 | 9.3 | 8.6 | 4.3 | | | | |
| Lease / rental | 320.5 | 287.4 | 260.6 | 265.9 | | 318.6 | | |
| Other real estate | 57.8 | 48.3 | 42.9 | 39.7 | | | | |
| Revenue growth [+] | 11.4% | 9.0% | -0.3% | -5.6% | 8.1% | -35.8% | 19.7% | 66.6% |
| Colonial Realty Limited Partnership | 11.4% | 9.0% | -0.3% | | | | | |
| Multifamily | -45.3% | 117.2% | 0.7% | 63.2% | 2.9% | -4.1% | 14.3% | 121.8% |
| Minimum rent | 11.5% | 10.3% | -2.0% | -3.8% | | | | |
| Multifamily - Same Property | -47.3% | 108.5% | 70.4% | | | | | |
| Commercial | -20.3% | -2.7% | 37.6% | -4.5% | -45.2% | | | |
| Cost of goods sold [+] | 152.1 | 138.1 | 129.7 | 127.9 | 74.1 | -26.3 | -108.9 | 0.0 |
| Real estate taxes and insurance | 44.4 | 40.0 | 37.6 | 37.7 | | | | |
| Real estate or leased property costs | 107.7 | 98.1 | 92.1 | 90.1 | | | | |
| Gross profit | 241.5 | 215.2 | 194.4 | 197.2 | 270.3 | 344.9 | 604.9 | 414.3 |
| Gross margin | 61.4% | 60.9% | 60.0% | 60.7% | 78.5% | 108.3% | 121.9% | 100.0% |
| Selling, general and administrative [+] | 22.6 | 20.4 | 18.6 | 17.9 | 23.2 | 25.7 | 21.0 | 19.4 |
| General and administrative [+] | 22.6 | 20.4 | 18.6 | 17.9 | 23.2 | 25.7 | 21.0 | 19.4 |
| General and administrative expenses | 22.6 | 20.4 | 18.6 | 17.9 | 23.2 | 25.7 | 21.0 | 19.4 |
| Equity in earnings | 31.9 | 17.5 | 3.4 | -1.2 | | | | |
| Other operating expenses | 26.7 | -0.9 | 21.1 | 21.7 | 256.5 | | 366.4 | 314.3 |
| EBITDA [+] | 230.6 | 229.0 | 176.7 | 163.7 | -3.1 | 432.5 | 384.1 | 274.9 |
| EBITDA growth | 0.7% | 29.6% | 7.9% | -5419.1% | -100.7% | 12.6% | 39.7% | 50.9% |
| EBITDA margin | 58.6% | 64.8% | 54.5% | 50.4% | -0.9% | 135.8% | 77.4% | 66.4% |
| Depreciation and amortization | 127.6 | 129.3 | 124.7 | 114.9 | 107.6 | 113.3 | 147.1 | 146.0 |
| EBITA | 103.0 | 99.7 | 51.9 | 48.7 | -110.7 | 319.2 | 237.1 | 128.9 |
| EBITA margin | 26.2% | 28.2% | 16.0% | 15.0% | -32.1% | 100.2% | 47.8% | 31.1% |
| Amortization of intangibles | 6.1 | 7.4 | 6.8 | 4.0 | | 10.5 | 19.6 | 48.3 |
| EBIT [+] | 96.9 | 92.2 | 45.1 | 44.7 | -110.7 | 308.7 | 217.5 | 80.6 |
| EBIT growth | 5.0% | 104.4% | 0.9% | -140.4% | -135.9% | 42.0% | 169.8% | 5.0% |
| EBIT margin | 24.6% | 26.1% | 13.9% | 13.8% | -32.1% | 96.9% | 43.8% | 19.5% |
| Non-recurring items [+] | 21.6 | 25.8 | -0.9 | 14.1 | 1.0 | 3.0 | 1.6 | |
| Asset impairment | | | | | | | 1.6 | |
| Loss (gain) on sale of assets | 18.4 | 23.8 | -1.7 | 10.7 | | | | |
| Interest expense, net [+] | 89.5 | 85.1 | 81.5 | 84.6 | 67.4 | -8.4 | 118.9 | 119.7 |
| Interest expense | 92.1 | 86.6 | 83.1 | 86.1 | 70.1 | | 126.6 | 124.1 |
| Interest income | 2.6 | 1.5 | 1.6 | 1.4 | 2.8 | 8.4 | 7.8 | 4.4 |
| Other income (expense), net [+] | -10.9 | -5.5 | -6.3 | 65.7 | 128.6 | 41.8 | -97.0 | 39.1 |
| Amortization of financing costs and debt discount | -5.7 | -4.8 | -4.6 | -4.9 | | | | |
| Gain (loss) on debt retirement | | | 1.0 | 56.4 | 16.0 | | | |
| Other | | | | | | | 0.8 | -2.4 |
| Pre-tax income | -25.1 | -24.1 | -41.8 | 11.7 | -50.5 | 355.9 | 0.0 | 0.0 |
| Income taxes | -33.3 | -26.4 | -1.3 | 4.1 | 0.0 | 0.0 | -252.9 | -283.5 |
| Tax rate | 132.5% | 109.3% | 3.1% | 35.2% | 0.0% | 0.0% | | |
| Minority interest | 0.7 | 3.9 | 2.0 | 7.6 | 3.9 | | | |
| Earnings from continuing ops | -25.8 | -26.9 | -51.4 | -3.9 | -70.2 | -378.2 | 0.0 | 0.0 |
| Earnings from discontinued ops | 34.0 | 30.3 | 3.3 | 3.4 | 23.6 | 378.6 | 252.9 | 283.5 |
| Net income | 8.2 | 3.4 | -48.1 | -0.5 | -46.6 | 0.3 | 252.9 | 283.5 |
| Net margin | 2.1% | 1.0% | -14.8% | -0.2% | -13.5% | 0.1% | 51.0% | 68.4% |
| |
| Basic EPS [+] | ($0.30) | ($0.32) | ($0.71) | ($0.07) | ($1.49) | ($8,159.27) | $3.17 | $0.62 |
| Growth | -7.3% | -55.3% | 863.5% | -95.0% | -100.0% | -257762.6% | 411.7% | -603.4% |
| Diluted EPS [+] | ($0.30) | ($0.32) | ($0.71) | ($0.07) | ($1.49) | ($8,076.16) | $0.79 | $0.57 |
| Growth | -7.3% | -55.3% | 863.5% | -95.0% | -100.0% | -1027742.2% | 38.7% | -1044.4% |
| |
| Dividends per share [+] | $0.72 | $0.60 | $0.60 | $0.70 | | | | |
| Growth | 20.0% | 0.0% | -14.3% | | | | | |
| |
| Shares outstanding (basic) [+] | 87.3 | 84.1 | 71.9 | 53.3 | 47.2 | 0.0 | 0.0 | 0.0 |
| Growth | 3.7% | 17.0% | 35.0% | 12.8% | 101787.6% | 10537.2% | -63.6% | 83.8% |
| Shares outstanding (diluted) [+] | 87.3 | 84.1 | 71.9 | 53.3 | 47.2 | 0.0 | 0.0 | 0.0 |
| Growth | 3.7% | 17.0% | 35.0% | 12.8% | 100749.8% | 2567.1% | 34.5% | -2.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |