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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net income $ 209,700 $ 677,122 $ 319,156
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 351,539 292,311 240,445
Equity in net income from unconsolidated joint ventures (76,418) (1,583) (39,607)
Distributions of cumulative earnings from unconsolidated joint ventures 91,145 11,185 27,472
Equity in net gain on sale of interest in unconsolidated joint venture interest/ real estate (37,053) (2,918) (128,921)
Purchase price fair value adjustment   (498,195)  
Depreciable real estate reserves   5,789 2,750
Gain on sale of discontinued operations (6,627) (46,085) (35,485)
Gain on sale of debt securities   (19,840)  
Loan loss and other investment reserves, net of recoveries 564 6,722 17,751
Gain on sale of investment in marketable securities (4,940) (4,866) (490)
(Gain) loss on early extinguishment of debt 6,978 (904) 1,900
Deferred rents receivable (66,079) (87,230) (47,223)
Other non-cash adjustments (15,229) 2,385 (749)
Changes in operating assets and liabilities:      
Restricted cash - operations (13,812) (681) 4,513
Tenant and other receivables (10,998) (4,720) 271
Related party receivables (3,529) 2,461 2,398
Deferred lease costs (48,368) (38,412) (42,035)
Other assets (35,932) 4,029 4,860
Accounts payable, accrued expenses and other liabilities 9,389 10,704 (3,706)
Deferred revenue and land leases payable 3,413 5,586 (2,242)
Net cash provided by operating activities 353,743 312,860 321,058
Investing Activities      
Acquisitions of real estate property (544,568) (446,756) (270,614)
Additions to land, buildings and improvements (148,148) (159,100) (108,145)
Escrowed cash - capital improvements/acquisition deposits (70,080) 29,281 (40,215)
Investments in unconsolidated joint ventures (215,174) (109,920) (87,844)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 127,876 112,359 52,920
Net proceeds from disposition of real estate/joint venture interest 178,485 160,548 623,121
Other investments (32,413) 12,186 32,607
Debt and preferred equity and other investments, net of repayments/participations (466,371) (338,195) (183,015)
Net cash (used in) provided by investing activities (1,170,393) (739,597) 18,815
Financing Activities      
Proceeds from mortgages and other loans payable 1,230,167 826,000 168,360
Repayments of mortgages and other loans payable (688,065) (765,378) (149,832)
Proceeds from revolving credit facility and senior unsecured notes 1,751,480 1,901,068 670,992
Repayments of revolving credit facility and senior unsecured notes (1,581,554) (2,043,144) (1,046,626)
Proceeds from stock options exercised and DRIP issuance 112,743 10,211 14,535
Net proceeds from sale of common stock 201,279 516,168  
Net proceeds from sale of preferred stock 221,965   122,041
Redemption of preferred stock (200,013)    
Purchases of treasury stock (14,150) (5,486)  
Distributions to noncontrolling interests in other partnerships (21,946) (143,578) (13,489)
Contributions from noncontrolling interests in other partnerships 25,894   2,788
Redemption of noncontrolling interests in operating partnership     (13,012)
Distributions to noncontrolling interests in operating partnership (3,296) (727) (511)
Dividends paid on common and preferred stock (121,238) (63,866) (58,984)
Other obligations related to mortgage loan participations 5,000 35,850  
Deferred loan costs and capitalized lease obligation (49,824) (35,019) (47,020)
Net cash provided by (used in) financing activities 868,442 232,099 (350,758)
Net increase (decrease) in cash and cash equivalents 51,792 (194,638) (10,885)
Cash and cash equivalents at beginning of period 138,192 332,830 343,715
Cash and cash equivalents at end of period 189,984 138,192 332,830
Supplemental cash flow disclosures      
Interest paid 320,849 275,106 222,904
Income taxes paid $ 17 $ 138 $ 1,041