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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flow - Operating Activities      
Net income $ 69,169 $ 68,153 $ 70,446
Adjustments to net income      
Depreciation and amortization, including intangible assets and deferred financing costs 96,907 72,486 46,720
Loss from equity investments in real estate in excess of distributions received 18,521 419 1,868
Unrealized (gain) loss on foreign currency transactions and others (2,452) 2,221 3
Realized gain on foreign currency transactions and others (3,690) (1,128) (6,055)
Straight-line rent adjustment and amortization of rent-related intangibles (19,464) (14,185) (11,616)
Impairment charges 0 2,019 (70)
Gain on sale of real estate (8,059) (1,832) (787)
Loss on extinguishment of debt 538 0 0
Non-cash asset management fee expense 21,953 18,935 13,435
Accretion of commercial mortgage-backed securities (632) 0 0
Settlement of derivative asset (liability) 2,964 0 (5,131)
Deferred income taxes (3,706) 0 0
Net changes in other operating assets and liabilities 12,136 10,187 (7,298)
Net Cash Provided by Operating Activities 184,185 157,275 101,515
Cash Flows - Investing Activities      
Distributions received from equity investments in real estate in excess of equity income 7,463 23,616 90,571
Acquisitions of real estate and direct financing leases (404,914) (799,175) (658,546)
Capital contributions to equity investments in real estate (156,228) (73,656) (228,519)
VAT paid in connection with acquisition of real estate (29,071) (15,594) (4,592)
VAT refunded in connection with acquisition of real estate 40,933 7,314 29,336
Proceeds from sale of real estate 19,973 59,323 19,821
Funds placed in escrow (67,294) (52,266) (196,291)
Funds released from escrow 70,330 35,159 186,958
Payment of deferred acquisition fees to an affiliate (14,354) (15,708) (14,455)
Proceeds from repayment of notes receivable 0 0 49,560
Purchase of notes receivable 0 0 (30,000)
Investment in securities (1,614) (7,071) (2,394)
Net Cash Used in Investing Activities (534,776) (838,058) (758,551)
Cash Flows - Financing Activities      
Distributions paid (198,440) (147,649) (102,503)
Contributions from noncontrolling interests 0 762 1,197
Distributions to noncontrolling interests (26,760) (24,427) (23,214)
Scheduled payments of mortgage principal (22,260) (17,525) (14,136)
Prepayment of mortgage principal (22,570) (11,224) 0
Proceeds from mortgage financing 308,873 469,709 243,517
Funds placed in escrow 20 8,691 17,919
Funds released from escrow (5,409) (6,780) (8,932)
Proceeds from loans from affiliates 0 0 90,000
Repayments of loan from affiliate 0 0 (90,000)
Payment of financing costs and mortgage deposits, net of deposits refunded (4,006) (1,667) (9,423)
Proceeds from issuance of shares, net of issuance costs 97,975 897,660 575,251
Purchase of treasury stock (18,184) (17,189) (9,060)
Net Cash Provided by Financing Activities 109,239 1,150,361 670,616
Change in Cash and Cash Equivalents During the Year      
Effect of exchange rate changes on cash 7,130 2,026 4,401
Net (decrease) increase in cash and cash equivalents (234,222) 471,604 17,981
Cash and cash equivalents, beginning of year 652,330 180,726 162,745
Cash and cash equivalents, end of year $ 418,108 $ 652,330 $ 180,726