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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net loss attributable to stockholders $ (8,156) $ (2,794)
Adjustments to reconcile net loss attributable to stockholders to net cash provided by (used in) operating activities:    
Depreciation 19,028 3,153
Amortization of intangibles 5,226 1,133
Amortization of deferred financing costs 726 375
Accretion of market lease liabilities and amortization of above-market lease assets, net (2,454) (71)
Net loss (income) attributable to non-controlling interests 1 (8)
Share-based compensation 16 25
Equity in income of unconsolidated joint ventures (1,257) 0
Changes in assets and liabilities:    
Prepaid expenses and other assets (2,976) (1,892)
Accounts payable and accrued expenses (4,339) (2,158)
Deferred rent and other liabilities (1,250) 320
Net cash provided by (used in) operating activities 4,565 (1,917)
Cash flows from investing activities:    
Investment in real estate and other assets 0 (51,157)
Additional investment in unconsolidated joint venture (273) 0
Capital expenditures (1,427) (187)
Distributions from unconsolidated joint venture 3,936 0
Net cash provided by (used in) investing activities 2,236 (51,344)
Cash flows from financing activities:    
Payments on mortgage notes payable (117) (12,512)
Proceeds from issuance of common stock 11,291 76,384
Repurchases of common stock (506) (426)
Payments of offering costs and fees related to stock issuances (1,419) (8,112)
Payments of deferred financing costs (29) (400)
Distributions paid (11,778) (1,592)
Due from affiliate 0 (25)
Distributions to non-controlling interest holders 0 (17)
Restricted cash (598) (405)
Net cash provided by (used in) financing activities (3,156) 52,895
Net increase (decrease) in cash and cash equivalents 3,645 (366)
Cash and cash equivalents, beginning of period 233,377 5,354
Cash and cash equivalents, end of period 237,022 4,988
Supplemental disclosures:    
Cash paid for interest 3,283 1,415
Non-cash investing and financing activities:    
Mortgage notes payable used to acquire investments in real estate 0 60,000
Common stock issued through distribution reinvestment plan $ 14,084 $ 1,502