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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Cash flows from operating activities:          
Net loss $ (4,680) $ 251 $ (11,335) $ (2,395)  
Adjustment to reconcile net loss to net cash provided by operating activities:          
Depreciation and amortization     82,042 62,606  
Non-cash portion of interest expense     907 1,009  
Intangible amortization in rental income, net     6,331 4,600  
Straight-line rent adjustments, net     (2,318) (2,314)  
Dividends on forfeited equity compensation     15 128  
Loss on impairments     8,378 0  
Gain on sales of rental property     (1,713) (2,153)  
Non-cash compensation expense     5,667 5,337  
Change in assets and liabilities:          
Tenant accounts receivable, net     (1,477) 934  
Restricted cash     (582) (596)  
Prepaid expenses and other assets     (4,407) (3,218)  
Accounts payable, accrued expenses and other liabilities     6,821 1,426  
Tenant prepaid rent and security deposits     1,728 1,033  
Total adjustments     101,392 68,792  
Net cash provided by operating activities     90,057 66,397  
Cash flows from investing activities:          
Acquisitions of land and buildings and improvements     (188,263) (228,063)  
Additions to building and other capital improvements     (10,053) (5,038)  
Proceeds from sales of rental property, net     9,186 7,492  
Restricted cash     (1,052) 734  
Acquisition deposits, net     1,425 (1,920)  
Acquisitions of deferred leasing intangibles     (56,102) (61,413)  
Net cash used in investing activities     (244,859) (288,208)  
Cash flows from financing activities:          
Redemption of common units for cash     (64) (342)  
Proceeds from unsecured credit facility     190,750 187,500  
Repayment of unsecured credit facility     (144,000) (162,000)  
Proceeds from unsecured term loans     0 50,000  
Proceeds from unsecured notes     120,000 50,000  
Repayment of mortgage notes payable     (15,370) (3,321)  
Payment of loan fees and costs     (3,019) (1,718)  
Dividends and distributions     (78,541) (60,663)  
Proceeds from sales of common stock     74,892 164,077  
Offering costs     (1,228) (2,647)  
Withholding taxes for settlement of outperformance program     0 (475)  
Net cash provided by financing activities     143,420 220,411  
Decrease in cash and cash equivalents     (11,382) (1,400)  
Cash and cash equivalents-beginning of period     23,878 6,690 $ 6,690
Cash and cash equivalents-end of period 12,496 5,290 12,496 5,290 23,878
Supplemental disclosure:          
Cash paid for interest     22,445 16,286  
Supplemental schedule of non-cash investing and financing activities          
Issuance of units for acquisitions of land and buildings and improvements     16,873 0  
Issuance of units for acquisitions of deferred leasing intangibles     5,029 0  
Additions to building and other capital improvements     (565) 0  
Transfer of other assets to building and other capital improvements     565 0  
Acquisitions of land and buildings and improvements     (34,460) 0  
Acquisitions of deferred leasing intangibles     (10,203) 0  
Change in additions of land and building and improvements included in accounts payable, accrued expenses, and other liabilities     (1,687) (3,913)  
Assumption of mortgage notes payable     22,343 0  
Fair market value adjustment to mortgage notes payable acquired     418 0  
Change in loan fees and costs and offering costs included in accounts payable, accrued expenses, and other liabilities     (64) (159)  
Dividends and distributions declared but not paid $ 8,228 $ 6,565 $ 8,228 $ 6,565 $ 7,355