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In millions, except per share items | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
Revenues: | | | | | | | | |
Rental | 1,591.0 | 1,151.8 | 1,093.5 | 1,076.9 | 1,074.3 | 1,037.3 | 1,014.8 | 1,021.7 |
Strategic capital | 154.7 | 594.8 | 156.2 | 133.9 | 200.0 | 141.4 | 129.4 | 120.0 |
Development management and other | 5.9 | 4.3 | 2.4 | 8.3 | 3.0 | 4.3 | 6.7 | 6.7 |
Total revenues | 1,751.6 | 1,750.9 | 1,252.1 | 1,219.1 | 1,277.2 | 1,183.0 | 1,150.8 | 1,148.3 |
Total revenues growth | 37.1% | 48.0% | 8.8% | 6.2% | 14.9% | 9.3% | -9.1% | 17.4% |
Expenses: | | | | | | | | |
Rental | 374.9 | 284.7 | 270.5 | 275.7 | 261.7 | 256.6 | 245.1 | 277.9 |
Strategic capital | 63.9 | 130.6 | 57.1 | 51.8 | 60.2 | 52.4 | 45.1 | 49.5 |
General and administrative | 85.4 | 87.9 | 83.1 | 74.6 | 73.8 | 67.0 | 74.3 | 78.0 |
Depreciation and amortization | 612.4 | 401.5 | 402.3 | 396.6 | 396.8 | 390.8 | 392.7 | 397.6 |
Other | 12.1 | 7.0 | 11.6 | 9.6 | 7.4 | 4.4 | 7.2 | 3.4 |
Total expenses | 1,148.7 | 911.6 | 824.6 | 808.4 | 800.0 | 771.2 | 764.5 | 806.4 |
Operating income before gains on real estate transactions, net | 602.9 | 839.3 | 427.5 | 410.8 | 477.3 | 411.9 | 386.3 | 341.9 |
Gains on dispositions of development properties and land, net | 207.1 | 74.7 | 105.8 | 210.2 | 316.6 | 139.4 | 187.4 | 173.6 |
Gains on other dispositions of investments in real estate, net | 3.5 | 1.0 | | 584.8 | 414.4 | 214.4 | 127.2 | 16.6 |
Operating income | 813.4 | 915.0 | 533.3 | 1,205.8 | 1,208.3 | 765.7 | 700.9 | 532.2 |
Operating margin | 46.4% | 52.3% | 42.6% | 98.9% | 94.6% | 64.7% | 60.9% | 46.3% |
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Other income (expense): | | | | | | | | |
Earnings from unconsolidated entities, net | 69.4 | 84.9 | 79.6 | 77.0 | 173.0 | 91.8 | 72.4 | 67.0 |
Interest expense | -120.8 | -63.9 | -60.3 | -64.1 | -62.9 | -63.6 | -68.4 | -71.3 |
Foreign currency and derivative gains (losses) and other income (expense), net | | | | | | | | |
Losses on early extinguishment of debt, net | -1.3 | | -0.7 | -18.2 | | | | -187.5 |
Total other income (expense) | -175.7 | 192.9 | 163.0 | 43.1 | 132.5 | 91.5 | -1.4 | -106.8 |
Earnings before income taxes | 637.8 | 1,107.8 | 696.3 | 1,248.9 | 1,340.8 | 857.2 | 699.5 | 425.4 |
Total income tax expense | -17.7 | -38.7 | -49.8 | -29.2 | -39.9 | -59.4 | -49.2 | -25.7 |
Consolidated net earnings | 620.1 | 1,069.2 | 646.4 | 1,219.7 | 1,300.9 | 797.7 | 650.3 | 399.7 |
Less net earnings attributable to noncontrolling interests | 32.9 | 53.7 | 35.0 | 68.9 | 52.2 | 74.2 | 50.1 | 32.3 |
Net earnings attributable to controlling interests | 587.2 | 1,015.5 | 611.4 | 1,150.8 | 1,248.7 | 723.5 | 600.2 | 367.3 |
Less preferred stock/unit dividends/distributions | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.6 | 1.5 |
Loss on preferred stock/unit repurchase | | | | | | | | |
Net earnings attributable to common stockholders/unitholders | 585.8 | 1,013.9 | 609.9 | 1,149.3 | 1,247.1 | 722.0 | 598.6 | 365.8 |
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Weighted average common shares/units outstanding - Basic | 785.7 | 740.7 | 740.6 | 740.4 | 739.4 | 739.4 | 739.2 | 739.0 |
Weighted average common shares/units outstanding - Diluted | 811.6 | 766.4 | 766.1 | 765.5 | 764.8 | 764.9 | 764.7 | 765.0 |
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Net earnings per share/unit attributable to common stockholders/unitholders - Basic | $0.54 | $1.37 | $0.82 | $1.55 | $1.69 | $0.98 | $0.81 | $0.50 |
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted | $0.53 | $1.36 | $0.82 | $1.54 | $1.67 | $0.97 | $0.81 | $0.49 |
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