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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net income (loss) $ (136,036) $ (283,852)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss on extinguishment of debt, net 375 44
Depreciation and amortization, net 398,292 607,622
Asset impairment 26,638 0
Equity in (loss) earnings of unconsolidated ventures (478) 766
Distributions from unconsolidated ventures from cumulative share of net earnings 6,400 7,825
Amortization of deferred gain (3,279) (3,279)
Amortization of entrance fee revenue (3,111) (2,316)
Proceeds from deferred entrance fee revenue 11,327 8,887
Deferred income tax provision (benefit) 3,804 (164,014)
Change in deferred lease liability 2,553 6,451
Change in fair value of derivatives 28 790
Gain on sale of assets (2,126) (1,723)
Non-cash stock-based compensation 27,218 25,871
Non-cash interest expense on financing lease obligations 19,728 17,458
Amortization of (above) below market lease, net (5,165) (5,425)
Other (6,360) (2,272)
Changes in operating assets and liabilities:    
Accounts receivable, net 8,183 (2,907)
Prepaid expenses and other assets, net (7,338) 39,897
Accounts payable and accrued expenses (73,892) (23,192)
Tenant refundable fees and security deposits (693) (738)
Deferred revenue 11,213 (23,708)
Net cash provided by operating activities 277,281 202,185
Cash Flows from Investing Activities    
(Increase) decrease in lease security deposits and lease acquisition deposits, net (1,776) 12,541
(Increase) decrease in cash and escrow deposits - restricted (1,810) 6,822
Additions to property, plant and equipment and leasehold intangibles, net (263,950) (301,778)
Acquisition of assets, net of related payables (12,157) (193,451)
Investment in unconsolidated ventures (6,071) (40,709)
Distributions received from unconsolidated ventures 4,836 7,038
Proceeds from sale of assets, net 219,471 8,072
Other 7,083 3,163
Net cash used in investing activities (54,374) (498,302)
Cash Flows from Financing Activities    
Proceeds from debt 202,132 550,131
Repayment of debt and capital and financing lease obligations (217,696) (453,389)
Proceeds from line of credit 1,276,500 970,000
Repayment of line of credit (1,486,500) (760,000)
Payment of financing costs, net of related payables (1,414) (32,251)
Refundable entrance fees:    
Proceeds from refundable entrance fees 1,986 1,510
Refunds of entrance fees (2,893) (3,251)
Cash portion of loss on extinguishment of debt 0 (44)
Payment on lease termination (9,250) (12,375)
Other 383 2,094
Net cash (used in) provided by financing activities (236,752) 262,425
Net decrease in cash and cash equivalents (13,845) (33,692)
Cash and cash equivalents at beginning of period 88,029 104,083
Cash and cash equivalents at end of period $ 74,184 $ 70,391