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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 31,612 $ 10,716 $ (10,779)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 65,785 64,327 68,967
Amortization of above/below market leases (823) (1,505) (1,650)
Amortization of deferred financing costs 1,739 1,681 1,556
Gain on early extinguishment of debt     (939)
Share-based compensation 6,770 5,650 2,958
Amortization of discount to fair market value of acquired loan     687
Bad debt expense 244 544 292
Changes in operating assets and liabilities:      
Accounts receivable (682) (3,657) (1,523)
Due to and due from related parties     2
Deferred rent receivable (2,248) (3,966) (4,986)
Deferred leasing costs (6,852) (4,105) (4,215)
Other assets (7,157) (2,465) (515)
Accounts payable and accrued expenses 3,756 2,245 7,273
Prepaid rent and other liabilities 262 (1,611) 2,820
Deferred rent payable 5,317 794 1,258
Net cash provided by operating activities 97,723 68,648 61,206
CASH FLOWS FROM INVESTING ACTIVITIES      
Tenant improvements (7,128) (6,075) (5,328)
Real estate improvements (185,452) (83,837) (112,196)
Acquisition of NY2 (21,889)    
Acquisition of Comfluent, net of cash received   (2,581)  
Changes in reserves for capital improvements   8,691 4,965
Net cash used in investing activities (214,469) (83,802) (112,559)
CASH FLOWS FROM FINANCING ACTIVITIES      
Offering costs     (17)
Proceeds from exercise of stock options 925 1,564 31
Gross proceeds from the issuance of Series A Preferred Stock   115,000  
Series A Preferred Stock offering costs paid (27) (4,190)  
Proceeds from revolving credit facility 174,250 72,750 5,000
Payments on revolving credit facility   (77,750)  
Proceeds from mortgage loans payable     6,440
Repayments of mortgage loans payable (1,500) (57,114) (14,189)
Payments of loan fees and costs (2,621) (503) (1,745)
Dividends and distributions (57,098) (33,101) (23,785)
Net cash provided by (used in) financing activities 113,929 16,656 (28,265)
Net change in cash and cash equivalents (2,817) 1,502 (79,618)
Cash and cash equivalents, beginning of period 8,130 6,628 86,246
Cash and cash equivalents, end of period 5,313 8,130 6,628
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid for interest 5,365 5,492 4,360
NON-CASH INVESTING AND FINANCING ACTIVITY      
Construction costs payable capitalized to real estate 19,821 10,520 5,564
Accrual of dividends and distributions $ 18,804 $ 13,384 $ 8,453