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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 20,532,000 $ (181,603,000) $ (7,458,000)
Reconciliation of net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 169,193,000 201,677,000 185,065,000
Amortization of above and below Market Leases (5,706,000) (8,021,000) (5,765,000)
Deferred fee income amortization (5,660,000) (5,059,000) (6,274,000)
amortization of purchase option termination fee income (9,712,000) (6,536,000) (9,111,000)
Deferred Sales Inducement Cost, Amortization Expense 5,914,000 4,267,000 3,220,000
Deferred loan cost amortization 6,461,000 6,855,000 6,450,000
deferred interest income (9,769,000) (12,372,000) (13,828,000)
Share-based Compensation 15,258,000 14,391,000 8,063,000
Gains (Losses) on Sales of Investment Real Estate (21,109,000) (23,456,000) 0
Proceeds from Sale of Land Held-for-use (12,000) 517,000 2,521,000
Gain (Loss) From Unconsolidated Joint Ventures 665,000 314,000 0
cash inflows purchase option terminations 12,489,000 7,000,000 3,591,000
Gain (Loss) on Extinguishment of Debt 0 6,674,000 84,000
Non-Cash Settlement Of Related Party Line Of Credit From Internalizations 0 20,864,000 0
noncash loan interest income 0 0 (637,000)
cash inflows mortgage interest from consolidated VIE 0 0 18,750,000
mortgage interes cash outflows consolidated VIE 0 0 (18,750,000)
Provision for Loan and Lease Losses 672,000 6,103,000 2,038,000
Changes in operating assets and liabilities:      
(Increase) in tenant accounts receivable (5,432,000) (24,819,000) (21,209,000)
(Increase) decrease in other assets 3,208,000 7,084,000 1,518,000
Increase (Decrease) in Deferred Liabilities 0 22,851,000 0
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 15,000,000 0
Increase in accounts payable and accrued expenses 5,026,000 (2,805,000) 2,405,000
Net cash provided by (used in) operating activities 182,042,000 47,892,000 145,631,000
Investing activities:      
Investments in real estate loans (66,562,000) (58,519,000) (97,636,000)
Proceeds from Principal Repayments on Loans and Leases Held-for-investment 140,094,000 115,726,000 54,384,000
Deferred real estate loan income 1,863,000 15,249,000 (2,602,000)
Deferred acquisition fee on real estate loans 0 (5,078,000) (5,219,000)
Proceeds from Sale of Loans Receivable 12,706,000 3,898,000 747,000
Mortgage principal received via consolidated VIE 0 0 6,570,000
Payments to Acquire Mortgage-backed Securities (MBS), Available-for-sale 0 0 (30,841,000)
Proceeds from Sale of Mortgage-backed Securities (MBS), Available-for-sale 0 0 79,558,000
Payments to Acquire Real Estate (335,252,000) (322,027,000) (619,236,000)
Acquisition of properties, net 354,241,000 516,264,000 643,000
Proceeds from Sale of Real Estate Held-for-investment (2,742,000) (50,000) (100,000)
proceeds from sale of interest in joint venture (30,313,000) (52,809,000) (48,071,000)
return of capital from joint venture 0 19,221,000 0
Receipt of insurance proceeds for capital improvements 0 12,250,000 0
Proceeds from Sale of Productive Assets 0 0 746,000
Net cash (used in) investing activities 74,035,000 244,125,000 (661,057,000)
Financing activities:      
Proceeds from mortgage notes payable 309,839,000 469,184,000 405,430,000
Extinguishment of Debt, Amount (113,083,000) (438,308,000) (176,903,000)
Payments for mortgage loan costs (5,859,000) (12,140,000) (8,705,000)
Payment for Debt Extinguishment or Debt Prepayment Cost 0 (5,733,000) 0
Payments to real estate loan participants 0 0 (5,223,000)
Proceeds from non-revolving lines of credit 293,000,000 442,000,000 265,200,000
Payments on revolving lines of credit (315,000,000) (420,000,000) (322,200,000)
Proceeds from Short-term Debt 0    
Repayments of Short-term Debt   (70,000,000) 70,000,000
Mortgage principal paid to other participants of consolidated VIEs 0 0 (6,570,000)
Proceeds from Securities Purchased under Agreements to Resell 0 0 4,857,000
Payments to Acquire Available-for-sale Securities 0 0 (4,857,000)
Proceeds from Issuance of Preferred Stock and Preference Stock 110,991,000 206,381,000 501,076,000
Proceeds from Issuance of Common Stock 28,154,000 4,546,000 11,659,000
Preferred Stock, Redemption Amount (379,997,000) (314,154,000) (12,124,000)
Dividends declared and paid (36,282,000) (42,100,000) (45,439,000)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (154,904,000) (161,746,000) (111,738,000)
Payments for deferred offering costs, net of non cash items (3,557,000) (11,509,000) (4,013,000)
Payments of Ordinary Dividends, Noncontrolling Interest (2,215,000) (161,000) 0
Proceeds from Noncontrolling Interests 0 186,000 4,539,000
Net Cash Provided by (Used in) Financing Activities (268,913,000) (353,554,000) 564,989,000
Cash and Cash Equivalents, Period Increase (Decrease) (12,836,000) (61,537,000) 49,563,000
Cash beginning of period 75,716,000 137,253,000 87,690,000
Cash end of period 62,880,000 75,716,000 137,253,000
Noncash Investing and Financing Items [Abstract]      
Cash paid for interest 96,118,000 111,076,000 103,298,000
Accrued capital expenditures 4,766,000 5,189,000 4,816,000
receivable for deferred offering costs 3,643,000 2,724,000 261,000
Writeoff of fully amortized deferred loan costs 4,068,000 2,828,000 1,919,000
Variable Interest Entity, Consolidated, Assets, Noncurrent, Pledged 0 0 270,669,000
Variable Interest Entity, Consolidated, Liabilities, Noncurrent 0 0 270,670,000
deconsolidation of VIE assets 0 0 578,707,000
deconsolidation of VIE liabilities 0 0 578,707,000
Accrued and payable deferred offering costs 0 98,000 3,836,000
Reclass of offering costs from deferred asset to equity 6,107,000 4,671,000 12,551,000
loan receivables converted to equity for property acquisition 0 0 47,797,000
Share-based Compensation 6,686,000 6,461,000 719,000
Loans Assumed 0 0 41,550,000
mortgage debt refinanced 78,181,000 86,669,000 65,607,000
Proceeds from Delayed Tax Exempt Exchange 0 15,912,000 0
Noncash Extinguishment Of notes Receivable 0 20,865,000 0
Non-Cash Contribution of Property into an Unconsolidated Joint Venture 0 38,443,000 0
Noncash or Part Noncash Acquisition, Debt Assumed 454,808,000 0 0
Common Stock [Member]      
Noncash Investing and Financing Items [Abstract]      
Dividends payable 9,785,000 8,924,000 12,156,000
Series A Preferred Stock [Member]      
Financing activities:      
Proceeds from Issuance of Preferred Stock and Preference Stock (122,108,000) (227,630,000) (548,638,000)
Noncash Investing and Financing Items [Abstract]      
Dividends payable 10,127,000 11,213,000 11,363,000
Parent [Member]      
Operating activities:      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 20,446,000 (177,788,000) (7,244,000)
Parent [Member] | Series A Preferred Stock [Member]      
Financing activities:      
Proceeds from Issuance of Preferred Stock and Preference Stock $ (122,108,000) $ (227,630,000) $ (548,638,000)