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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,840 $ 34,019
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 20,499 23,629
Net amortization of debt premiums, discounts and issuance costs 2,283 2,841
Amortization of acquired real estate leases 42,457 53,837
Amortization of deferred leasing costs 1,665 1,350
Gain on sale of real estate (10,756) (22,092)
Loss on impairment of real estate 0 3,204
Loss on early extinguishment of debt 2,144 414
Straight line rental income (5,583) (6,794)
Other non-cash expenses, net 107 593
Gain on equity securities 0 (22,128)
Equity in net losses of investees 276 235
Change in assets and liabilities:    
Rents receivable (1,087) 14,390
Deferred leasing costs (4,466) (7,985)
Other assets 180 2,873
Accounts payable and other liabilities (21,790) (30,387)
Due to related persons 832 (29,257)
Net cash provided by operating activities 37,601 18,742
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate acquisitions (11,864) 0
Real estate improvements (14,525) (12,969)
Distributions in excess of earnings from unconsolidated joint ventures 51 521
Proceeds from sale of properties, net 68,433 262,779
Net cash provided by investing activities 42,095 250,331
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of mortgage notes payable (67,848) (8,954)
Repayment of unsecured term loans 0 (153,000)
Repayment of senior unsecured notes (400,000) 0
Borrowings on unsecured revolving credit facility 418,467 85,000
Repayments on unsecured revolving credit facility (70,467) (180,000)
Repurchase of common shares (27) 0
Distributions to common shareholders (26,511) (26,445)
Net cash used in financing activities (146,386) (283,399)
Decrease in cash, cash equivalents and restricted cash (66,690) (14,326)
Cash, cash equivalents and restricted cash at beginning of period 100,696 38,943
Cash, cash equivalents and restricted cash at end of period 34,006 24,617
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 37,715 49,545
Income taxes paid 0 7
NON-CASH INVESTING ACTIVITIES:    
Sale of properties 13,095 0
NON-CASH FINANCING ACTIVITIES:    
Repayment of mortgage notes payable related to properties sold (13,095) 0
Supplemental Disclosure Of Cash, Cash Equivalents And Restricted Cash [Abstract]    
Total cash, cash equivalents and restricted cash shown in the statements of cash flows $ 34,006 $ 24,617