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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 36,506 $ 31,972
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 34,348 32,228
Amortization of deferred financing costs 2,279 1,805
Amortization of above-market leases 232 194
Amortization of intangible lease liabilities (1,950) (2,948)
Amortization of real estate-related notes receivable origination costs and commitment fees 0 114
Provision for doubtful accounts 809 2,777
Provision for loan losses 1,666 0
Loss on debt extinguishment 1,133 0
Straight-line rent (12,689) (11,461)
Stock-based compensation 45 45
Change in fair value of contingent consideration 245 300
Changes in operating assets and liabilities:    
Accounts payable and other liabilities 1,686 1,614
Accounts payable due to affiliates 142 376
Other assets (5,876) (3,932)
Net cash provided by operating activities 58,576 53,084
Cash flows from investing activities:    
Investment in real estate (71,000) (123,753)
Capital expenditures (30,830) (23,127)
Real estate deposits, net 450 140
Real estate-related notes receivable advances 0 (267)
Preferred equity investment 0 (127,147)
Notes receivable advances (3,519) (10,000)
Net cash used in investing activities (104,899) (284,154)
Cash flows from financing activities:    
Proceeds from notes payable 0 64,305
Payments on notes payable (37,353) (5,389)
Proceeds from credit facility 135,000 160,000
Payments on credit facility 0 (27,000)
Payments of deferred financing costs (401) (72)
Repurchase of common stock (16,996) (3,191)
Offering costs (9) (13)
Distributions to stockholders (29,629) (28,071)
Payments to escrow funds (2,579) (996)
Collections of escrow funds 975 897
Purchase of noncontrolling interest in consolidated partnerships 0 (9,825)
Distributions to noncontrolling interests in consolidated partnerships (1,113) (1,172)
Net cash provided by financing activities 47,895 149,473
Net change in cash and cash equivalents 1,572 (81,597)
Cash and cash equivalents - Beginning of period 28,527 113,093
Cash and cash equivalents - End of period 30,099 31,496
Supplemental cash flow disclosure:    
Interest paid, net of interest capitalized of $801 and $2,314, respectively 17,191 13,579
Supplemental disclosure of non-cash transactions:    
Common stock issued through distribution reinvestment plan 34,138 33,511
Net unrealized loss on interest rate swap (6,469) (928)
Real estate-related notes receivable converted to investment in real estate 0 13,674
Accrued capital expenditures $ 7,459 $ 0