Condensed consolidating financial information Cash Flows (Details) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Operating Activities | ' | ' |
Net income | $40,749 | $30,237 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 50,421 | 46,995 |
Loss on sale of real estate | 0 | 340 |
Amortization of loan fees and costs | 2,561 | 2,386 |
Amortization of debt premiums/discounts | 205 | 115 |
Amortization of acquired above and below market leases | -816 | -830 |
Deferred rent | -11,882 | -6,198 |
Stock compensation expense | 3,228 | 3,349 |
Equity in (income) loss related to subsidiaries | 0 | 0 |
Investment gains | -4,040 | -446 |
Investment losses | 1,694 | 386 |
Changes in operating assets and liabilities: | ' | ' |
Restricted cash | 0 | 1,506 |
Tenant receivables | -690 | -818 |
Deferred leasing costs | -7,572 | -11,757 |
Other assets | -17,315 | -7,302 |
Intercompany receivables and payables | ' | 0 |
Accounts payable, accrued expenses, and tenant security deposits | 16,716 | -10,722 |
Net cash (used in) provided by operating activities | 73,259 | 47,241 |
Investing Activities | ' | ' |
Proceeds from sale of properties | 0 | 80,203 |
Additions to properties | -111,587 | -139,245 |
Purchase of properties | -42,338 | 0 |
Change in restricted cash related to construction projects | -140 | -17 |
Contributions to unconsolidated real estate entity | -747 | -2,074 |
Investments in subsidiaries | 0 | 0 |
Additions to investments | -11,905 | -10,363 |
Proceeds from investments | 3,998 | 1,972 |
Net cash (used in) provided by investing activities | -162,719 | -69,524 |
Financing Activities | ' | ' |
Borrowings from secured notes payable | 51,030 | 17,215 |
Repayments of borrowings from secured notes payable | -210,844 | -2,749 |
Principal borrowings from unsecured senior line of credit | 360,000 | 179,000 |
Repayments of borrowings from unsecured senior line of credit | -58,000 | -191,000 |
Transfers to/from parent company | 0 | 0 |
Change in restricted cash related to financings | 1,059 | 8,656 |
Deferred financing costs paid | -8 | -46 |
Dividends paid on common stock | -48,714 | -35,687 |
Dividends paid on preferred stock | -6,471 | -6,471 |
Contributions by noncontrolling interests | 19,410 | 0 |
Distributions to noncontrolling interests | -988 | -427 |
Net cash provided by (used in) financing activities | 106,474 | -31,509 |
Effect of foreign exchange rate changes on cash and cash equivalents | 260 | -178 |
Net increase (decrease) in cash and cash equivalents | 17,274 | -53,970 |
Cash and cash equivalents at beginning of period | 57,696 | 140,971 |
Cash and cash equivalents at end of period | 74,970 | 87,001 |
Supplemental Disclosure of Cash Flow Information | ' | ' |
Cash paid during the period for interest, net of interest capitalized | 6,093 | 9,964 |
Non-Cash Investing Activities | ' | ' |
Note receivable from sale of real estate | 0 | 38,820 |
Change in accrued capital expenditures | -6,028 | -37,045 |
Assumption of secured notes payable in connection with purchase of properties | -48,329 | 0 |
Alexandria Real Estate Equities, Inc. (Issuer) | ' | ' |
Operating Activities | ' | ' |
Net income | 39,554 | 29,255 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 1,471 | 1,473 |
Loss on sale of real estate | ' | 0 |
Amortization of loan fees and costs | 1,770 | 1,680 |
Amortization of debt premiums/discounts | 40 | 11 |
Amortization of acquired above and below market leases | 0 | 0 |
Deferred rent | 0 | 0 |
Stock compensation expense | 3,228 | 3,349 |
Equity in (income) loss related to subsidiaries | -62,505 | -49,807 |
Investment gains | 0 | 0 |
Investment losses | 0 | 0 |
Changes in operating assets and liabilities: | ' | ' |
Restricted cash | ' | 7 |
Tenant receivables | 0 | -51 |
Deferred leasing costs | 0 | -350 |
Other assets | -748 | 29,445 |
Intercompany receivables and payables | ' | -21 |
Accounts payable, accrued expenses, and tenant security deposits | 13,478 | -16,301 |
Net cash (used in) provided by operating activities | -3,712 | -1,310 |
Investing Activities | ' | ' |
Proceeds from sale of properties | ' | 10,796 |
Additions to properties | 0 | 0 |
Purchase of properties | 0 | ' |
Change in restricted cash related to construction projects | 0 | 0 |
Contributions to unconsolidated real estate entity | 0 | 0 |
Investments in subsidiaries | -221,513 | -14,842 |
Additions to investments | 0 | 0 |
Proceeds from investments | 0 | 0 |
Net cash (used in) provided by investing activities | -221,513 | -4,046 |
Financing Activities | ' | ' |
Borrowings from secured notes payable | 0 | 0 |
Repayments of borrowings from secured notes payable | 0 | 0 |
Principal borrowings from unsecured senior line of credit | 360,000 | 179,000 |
Repayments of borrowings from unsecured senior line of credit | -58,000 | -191,000 |
Transfers to/from parent company | 0 | 0 |
Change in restricted cash related to financings | 0 | 0 |
Deferred financing costs paid | 0 | -41 |
Dividends paid on common stock | -48,715 | -35,687 |
Dividends paid on preferred stock | -6,471 | -6,471 |
Contributions by noncontrolling interests | 0 | ' |
Distributions to noncontrolling interests | 0 | 0 |
Net cash provided by (used in) financing activities | 246,814 | -54,199 |
Effect of foreign exchange rate changes on cash and cash equivalents | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | 21,589 | -59,555 |
Cash and cash equivalents at beginning of period | 14,790 | 98,567 |
Cash and cash equivalents at end of period | 36,379 | 39,012 |
Supplemental Disclosure of Cash Flow Information | ' | ' |
Cash paid during the period for interest, net of interest capitalized | 347 | 3,735 |
Non-Cash Investing Activities | ' | ' |
Note receivable from sale of real estate | ' | 29,820 |
Change in accrued capital expenditures | 0 | 0 |
Assumption of secured notes payable in connection with purchase of properties | 0 | ' |
Alexandria Real Estate Equities, L.P. (Guarantor Subsidiary) | ' | ' |
Operating Activities | ' | ' |
Net income | 58,306 | 47,173 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 0 | 0 |
Loss on sale of real estate | ' | 0 |
Amortization of loan fees and costs | 0 | 0 |
Amortization of debt premiums/discounts | 0 | 0 |
Amortization of acquired above and below market leases | 0 | 0 |
Deferred rent | 0 | 0 |
Stock compensation expense | 0 | 0 |
Equity in (income) loss related to subsidiaries | -58,306 | -47,239 |
Investment gains | 0 | -121 |
Investment losses | 0 | 187 |
Changes in operating assets and liabilities: | ' | ' |
Restricted cash | ' | 0 |
Tenant receivables | 0 | 0 |
Deferred leasing costs | 0 | 0 |
Other assets | 0 | 0 |
Intercompany receivables and payables | ' | 0 |
Accounts payable, accrued expenses, and tenant security deposits | 0 | 0 |
Net cash (used in) provided by operating activities | 0 | 0 |
Investing Activities | ' | ' |
Proceeds from sale of properties | ' | 0 |
Additions to properties | 0 | 0 |
Purchase of properties | 0 | ' |
Change in restricted cash related to construction projects | 0 | 0 |
Contributions to unconsolidated real estate entity | 0 | 0 |
Investments in subsidiaries | -193,863 | -30,986 |
Additions to investments | 0 | -3 |
Proceeds from investments | 0 | 252 |
Net cash (used in) provided by investing activities | -193,863 | -30,737 |
Financing Activities | ' | ' |
Borrowings from secured notes payable | 0 | 0 |
Repayments of borrowings from secured notes payable | 0 | 0 |
Principal borrowings from unsecured senior line of credit | 0 | 0 |
Repayments of borrowings from unsecured senior line of credit | 0 | 0 |
Transfers to/from parent company | 193,863 | 28,823 |
Change in restricted cash related to financings | 0 | 0 |
Deferred financing costs paid | 0 | 0 |
Dividends paid on common stock | 0 | 0 |
Dividends paid on preferred stock | 0 | 0 |
Contributions by noncontrolling interests | 0 | ' |
Distributions to noncontrolling interests | 0 | 0 |
Net cash provided by (used in) financing activities | 193,863 | 28,823 |
Effect of foreign exchange rate changes on cash and cash equivalents | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | 0 | -1,914 |
Cash and cash equivalents at beginning of period | 0 | 1,914 |
Cash and cash equivalents at end of period | 0 | 0 |
Supplemental Disclosure of Cash Flow Information | ' | ' |
Cash paid during the period for interest, net of interest capitalized | 0 | 0 |
Non-Cash Investing Activities | ' | ' |
Note receivable from sale of real estate | ' | 0 |
Change in accrued capital expenditures | 0 | 0 |
Assumption of secured notes payable in connection with purchase of properties | 0 | ' |
Combined Non- Guarantor Subsidiaries | ' | ' |
Operating Activities | ' | ' |
Net income | 64,848 | 51,815 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 48,950 | 45,522 |
Loss on sale of real estate | ' | 340 |
Amortization of loan fees and costs | 791 | 706 |
Amortization of debt premiums/discounts | 165 | 104 |
Amortization of acquired above and below market leases | -816 | -830 |
Deferred rent | -11,882 | -6,198 |
Stock compensation expense | 0 | 0 |
Equity in (income) loss related to subsidiaries | -1,148 | -960 |
Investment gains | -4,040 | -325 |
Investment losses | 1,694 | 199 |
Changes in operating assets and liabilities: | ' | ' |
Restricted cash | ' | 1,499 |
Tenant receivables | -690 | -767 |
Deferred leasing costs | -7,572 | -11,407 |
Other assets | -16,567 | -36,747 |
Intercompany receivables and payables | ' | 21 |
Accounts payable, accrued expenses, and tenant security deposits | 3,238 | 5,579 |
Net cash (used in) provided by operating activities | 76,971 | 48,551 |
Investing Activities | ' | ' |
Proceeds from sale of properties | ' | 69,407 |
Additions to properties | -111,587 | -139,245 |
Purchase of properties | -42,338 | ' |
Change in restricted cash related to construction projects | -140 | -17 |
Contributions to unconsolidated real estate entity | -747 | -2,074 |
Investments in subsidiaries | -6,338 | 0 |
Additions to investments | -11,905 | -10,360 |
Proceeds from investments | 3,998 | 1,720 |
Net cash (used in) provided by investing activities | -169,057 | -80,569 |
Financing Activities | ' | ' |
Borrowings from secured notes payable | 51,030 | 17,215 |
Repayments of borrowings from secured notes payable | -210,844 | -2,749 |
Principal borrowings from unsecured senior line of credit | 0 | 0 |
Repayments of borrowings from unsecured senior line of credit | 0 | 0 |
Transfers to/from parent company | 227,851 | 17,005 |
Change in restricted cash related to financings | 1,059 | 8,656 |
Deferred financing costs paid | -8 | -5 |
Dividends paid on common stock | 1 | 0 |
Dividends paid on preferred stock | 0 | 0 |
Contributions by noncontrolling interests | 19,410 | ' |
Distributions to noncontrolling interests | -988 | -427 |
Net cash provided by (used in) financing activities | 87,511 | 39,695 |
Effect of foreign exchange rate changes on cash and cash equivalents | 260 | -178 |
Net increase (decrease) in cash and cash equivalents | -4,315 | 7,499 |
Cash and cash equivalents at beginning of period | 42,906 | 40,490 |
Cash and cash equivalents at end of period | 38,591 | 47,989 |
Supplemental Disclosure of Cash Flow Information | ' | ' |
Cash paid during the period for interest, net of interest capitalized | 5,746 | 6,229 |
Non-Cash Investing Activities | ' | ' |
Note receivable from sale of real estate | ' | 9,000 |
Change in accrued capital expenditures | -6,028 | -37,045 |
Assumption of secured notes payable in connection with purchase of properties | -48,329 | ' |
Eliminations | ' | ' |
Operating Activities | ' | ' |
Net income | -121,959 | -98,006 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 0 | 0 |
Loss on sale of real estate | ' | 0 |
Amortization of loan fees and costs | 0 | 0 |
Amortization of debt premiums/discounts | 0 | 0 |
Amortization of acquired above and below market leases | 0 | 0 |
Deferred rent | 0 | 0 |
Stock compensation expense | 0 | 0 |
Equity in (income) loss related to subsidiaries | 121,959 | 98,006 |
Investment gains | 0 | 0 |
Investment losses | 0 | 0 |
Changes in operating assets and liabilities: | ' | ' |
Restricted cash | ' | 0 |
Tenant receivables | 0 | 0 |
Deferred leasing costs | 0 | 0 |
Other assets | 0 | 0 |
Intercompany receivables and payables | ' | 0 |
Accounts payable, accrued expenses, and tenant security deposits | 0 | 0 |
Net cash (used in) provided by operating activities | 0 | 0 |
Investing Activities | ' | ' |
Proceeds from sale of properties | ' | 0 |
Additions to properties | 0 | 0 |
Purchase of properties | 0 | ' |
Change in restricted cash related to construction projects | 0 | 0 |
Contributions to unconsolidated real estate entity | 0 | 0 |
Investments in subsidiaries | 421,714 | 45,828 |
Additions to investments | 0 | 0 |
Proceeds from investments | 0 | 0 |
Net cash (used in) provided by investing activities | 421,714 | 45,828 |
Financing Activities | ' | ' |
Borrowings from secured notes payable | 0 | 0 |
Repayments of borrowings from secured notes payable | 0 | 0 |
Principal borrowings from unsecured senior line of credit | 0 | 0 |
Repayments of borrowings from unsecured senior line of credit | 0 | 0 |
Transfers to/from parent company | -421,714 | -45,828 |
Change in restricted cash related to financings | 0 | 0 |
Deferred financing costs paid | 0 | 0 |
Dividends paid on common stock | 0 | 0 |
Dividends paid on preferred stock | 0 | 0 |
Contributions by noncontrolling interests | 0 | ' |
Distributions to noncontrolling interests | 0 | 0 |
Net cash provided by (used in) financing activities | -421,714 | -45,828 |
Effect of foreign exchange rate changes on cash and cash equivalents | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | 0 | 0 |
Cash and cash equivalents at beginning of period | 0 | 0 |
Cash and cash equivalents at end of period | 0 | 0 |
Supplemental Disclosure of Cash Flow Information | ' | ' |
Cash paid during the period for interest, net of interest capitalized | 0 | 0 |
Non-Cash Investing Activities | ' | ' |
Note receivable from sale of real estate | ' | 0 |
Change in accrued capital expenditures | 0 | 0 |
Assumption of secured notes payable in connection with purchase of properties | $0 | ' |