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Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows from Operating Activities:    
Net income $ 602,648,000 $ 643,013,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization (including amortization of deferred financing costs) 419,007,000 414,992,000
Net gains on sale of real estate (203,801,000) (51,623,000)
Equity in net income of partially owned entities, including Toys "R" Us (142,187,000) (135,829,000)
Return of capital from Real Estate Fund investments 61,052,000 0
Distributions of income from partially owned entities 59,322,000 75,612,000
Straight-lining of rental income (55,553,000) (38,262,000)
Loss from the mark-to-market of J.C. Penney derivative position 53,343,000 27,136,000
Amortization of below-market leases, net (39,693,000) (49,988,000)
Other non-cash adjustments 39,360,000 20,261,000
Net unrealized gain on Real Estate Fund investments (33,537,000) (19,209,000)
Gain on sale of Canadian Trade Shows (31,105,000) 0
Impairment losses 13,511,000 0
Net gain on disposition of wholly owned and partially owned assets (4,856,000) (7,975,000)
Net gain on extinguishment of debt 0 (83,907,000)
Mezzanine loans loss reversal and net gain on disposition 0 (82,744,000)
Changes in operating assets and liabilities:    
Real Estate Fund investments (163,307,000) (97,785,000)
Accounts receivable, net (9,444,000) 11,292,000
Prepaid assets (52,895,000) (68,558,000)
Other assets (43,103,000) (44,617,000)
Accounts payable and accrued expenses 34,546,000 32,227,000
Other liabilities 7,338,000 22,635,000
Net cash provided by operating activities 510,646,000 566,671,000
Cash Flows from Investing Activities:    
Proceeds from sales of real estate and related investments 408,856,000 135,762,000
Additions to real estate (138,060,000) (109,963,000)
Funding of J.C. Penney derivative collateral (121,117,000) (33,850,000)
Investments in partially owned entities (116,264,000) (440,865,000)
Development costs and construction in progress (106,502,000) (52,816,000)
Return of J.C. Penney derivative collateral 89,850,000 28,700,000
Acquisitions of real estate and other (73,069,000) 0
Restricted cash (62,813,000) 121,463,000
Proceeds from sales of marketable securities 58,460,000 19,301,000
Proceeds from the sale of Canadian Trade Shows 52,504,000 0
Distributions of capital from partially owned entities 26,665,000 274,283,000
Proceeds from the repayment of loan to officer 13,123,000 0
Proceeds from sales and repayments of mezzanine loans and other 2,379,000 100,525,000
Investments in mezzanine loans receivable 0 (44,215,000)
Net cash provided by (used in) investing activities 34,012,000 (1,675,000)
Cash Flows from Financing Activities:    
Repayments of borrowings (2,070,295,000) (2,666,610,000)
Proceeds from borrowings 1,773,000,000 2,184,167,000
Distributions to Vornado (384,353,000) (381,382,000)
Proceeds from the issuance of preferred units 291,144,000 239,037,000
Purchases of outstanding preferred units (243,300,000) (28,000,000)
Contributions from noncontrolling interests in consolidated subsidiaries 120,746,000 109,605,000
Distributions to redeemable security holders and noncontrolling interests (80,994,000) (77,330,000)
Distributions to preferred unitholders (54,034,000) (43,675,000)
Repurchase of Class A units related to stock compensation agreements and/or related tax withholdings (30,034,000) (747,000)
Debt issuance and other costs (17,417,000) (28,614,000)
Proceeds received from exercise of Vornado stock options 10,210,000 22,947,000
Net cash used in financing activities (685,327,000) (670,602,000)
Net decrease in cash and cash equivalents (140,669,000) (105,606,000)
Cash and cash equivalents at beginning of period 606,553,000 690,789,000
Cash and cash equivalents at end of period 465,884,000 585,183,000
Supplemental Disclosure of Cash Flow Information:    
Cash payments for interest, excluding capitalized interest of $7,884 and $0 368,018,000 388,938,000
Cash payments for income taxes 19,222,000 10,299,000
Non-Cash Investing and Financing Activities:    
Change in unrealized net loss on securities available-for-sale (202,167,000) (120,334,000)
Adjustment to carry redeemable Class A units at redemption value (63,657,000) 114,628,000
L.A. Mart seller financing 35,000,000 0
Common shares issued upon redemption of Class A units, at redemption value 51,216,000 38,220,000
Contribution of mezzanine loan receivable to a joint venture 0 73,750,000
Marriott Marquis Times Square Hotel - retail and signage capital lease: Asset (included in development costs and construction in progress) 240,000,000 0
Marriott Marquis Times Square Hotel - retail and signage capital lease: Liability (included in other liabilities) (240,000,000) 0
Like-kind exchange of real estate 230,913,000 45,625,000
Decrease in assets and liabilities resulting from deconsolidation of discontinued operations:    
Assets related to discontinued operations 0 (145,333,000)
Liabilities related to discontinued operations 0 (232,502,000)
Write-off of fully depreciated assets (151,496,000) (58,279,000)
Toys R Us [Member]
   
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in net income of partially owned entities, including Toys "R" Us (88,696,000) (80,794,000)
All Equity Method Investees Excluding Toys [Member]
   
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in net income of partially owned entities, including Toys "R" Us $ (53,491,000) $ (55,035,000)