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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income $ 182,243 $ 659,567
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 249,950 212,558
Depreciable real estate reserves, net of recoveries (5,789)  
Equity in net income from unconsolidated joint ventures (80,988) (7,663)
Equity in net gain on sale of interest in unconsolidated joint venture (11,987) (3,032)
Gain on sale of discontinued operations (6,627) (46,085)
Distributions of cumulative earnings from unconsolidated joint ventures 84,182 9,787
Preferred stock redemption costs (10,010)  
Purchase price fair value adjustment   (489,889)
Gain on sale of debt securities   (19,840)
Loan loss and other investment reserves, net of recoveries 564 (1,870)
(Gain) loss on sale of investments in marketable securities (2,237) 133
Gain on early extinguishment of debt   (904)
Deferred rents receivable (50,910) (64,600)
Other non-cash adjustments 1,718 3,158
Changes in operating assets and liabilities:    
Restricted cash - operations (12,557) 1,757
Tenant and other receivables (8,500) (3,130)
Related party receivables (3,792) 524
Deferred lease costs (37,885) (25,483)
Other assets (44,915) (11,994)
Accounts payable, accrued expenses and other liabilities 11,309 12,692
Deferred revenue and land leases payable 12,187 12,010
Net cash provided by operating activities 265,956 237,696
Investing Activities    
Acquisitions of real estate property (405,318) (331,972)
Additions to land, buildings and improvements (107,425) (111,485)
Escrowed cash - capital improvements/acquisition deposits (68,692) 39,886
Investments in unconsolidated joint ventures (159,524) (95,611)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 48,510 107,753
Net proceeds from disposition of real estate/joint venture interest 70,367 160,548
Other investments (28,911) (16,374)
Debt and preferred equity and other investments, net of repayments/participations (178,183) (254,264)
Net cash used in investing activities (829,176) (501,519)
Financing Activities    
Proceeds from mortgages and other loans payable 1,113,500 740,000
Repayments of mortgages and other loans payable (484,518) (754,358)
Proceeds from revolving credit facility and senior unsecured notes 813,339 1,401,068
Repayments of revolving credit facility and senior unsecured notes (1,065,793) (1,393,144)
Proceeds from stock options exercised and DRIP issuance 112,447 8,278
Net proceeds from issuance of preferred/common stock 423,544 516,350
Redemption of preferred stock (190,003)  
Purchase of treasury stock (11,197) (4,313)
Distributions to noncontrolling interests in other partnerships (15,622) (143,474)
Contributions from noncontrolling interests in other partnerships 19,181  
Distributions to noncontrolling interests in Operating Partnership (2,385) (572)
Dividends paid on common and preferred stock (91,272) (47,684)
Deferred loan costs and capitalized lease obligation (33,830) 3,347
Net cash provided by financing activities 587,391 325,498
Net increase in cash and cash equivalents 24,171 61,675
Cash and cash equivalents at beginning of period 138,192 332,830
Cash and cash equivalents at end of period $ 162,363 $ 394,505