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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flow - Operating Activities    
Net income $ 60,264 $ 42,846
Adjustments to net income    
Depreciation and amortization, including intangible assets and deferred financing costs 52,772 47,516
Non-cash asset management fee expense 13,103 9,945
Gain on sale of real estate (12,548) 0
Straight-line rent adjustment and amortization of rent-related intangibles (9,760) (10,708)
(Income) loss from equity investments in real estate in excess of distributions received (1,940) 1,397
Realized gain on foreign currency transactions and others (1,393) (1,883)
Deferred income taxes 454 0
Unrealized gain on foreign currency transactions and others (352) (501)
Accretion of commercial mortgage-backed securities (290) 0
Net changes in other operating assets and liabilities 1,360 5,140
Net Cash Provided by Operating Activities 101,670 93,752
Cash Flows - Investing Activities    
Capital contributions to equity investments in real estate (149,115) (51,439)
Acquisitions of real estate and direct financing leases (73,485) (97,534)
Return of capital from equity investments in real estate 69,671 3,480
Proceeds from sale of real estate 67,999 0
Funds released from escrow 36,154 12,775
Funds placed in escrow (32,049) (6,476)
Investment in securities (8,315) 0
Payment of deferred acquisition fees to an affiliate (4,664) (9,581)
Value added taxes, or VAT, paid in connection with acquisition of real estate (1,710) (2,977)
VAT refunded in connection with acquisition of real estate 114 4,464
Net Cash Used in Investing Activities (95,400) (147,288)
Cash Flows - Financing Activities    
Distributions paid (103,611) (96,621)
Proceeds from mortgage financing 52,600 118,359
Proceeds from issuance of shares, net of issuance costs 50,194 48,378
Scheduled payments and prepayments of mortgage principal (35,256) (11,353)
Distributions to noncontrolling interests (14,624) (13,853)
Purchase of treasury stock (10,695) (9,283)
Funds released from escrow (3,561) (5,076)
Payment of financing costs and mortgage deposits, net of deposits refunded (768) (1,783)
Funds placed in escrow 0 616
Net Cash (Used in) Provided by Financing Activities (65,721) 29,384
Change in Cash and Cash Equivalents During the Period    
Effect of exchange rate changes on cash (457) (1,374)
Net decrease in cash and cash equivalents (59,908) (25,526)
Cash and cash equivalents, beginning of period 418,108 652,330
Cash and cash equivalents, end of period $ 358,200 $ 626,804