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SUMMARIZED CONDENSED CONSOLIDATING INFORMATION (Condensed Consolidating Statement of Cash Flows) (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]    
Net cash provided by operating activities $ 71,239 $ 49,211
Cash flows from investing activities:    
Acquisitions of real estate (721,879) (6,175)
Acquisition of note receivable (59,256) (26,393)
Preferred equity investment (11,300) (6,624)
Additions to real estate (1,151) (388)
Repayment of loans receivable 287 0
Net proceeds from the sale of real estate 0 2,208
Distribution from subsidiaries   0
Investment in subsidiaries 0  
Intercompany financing 0 0
Net cash used in investing activities (793,299) (37,372)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes 350,000 200,000
Principal payments on senior unsecured notes (211,250) (113,750)
Proceeds from revolving credit facility 699,000 0
Payments on revolving credit facility (220,500) (92,500)
Proceeds from mortgage notes 57,703 0
Principal payments on mortgage notes (88,419) (10,081)
Payments of deferred financing costs (15,474) (8,598)
Issuance of preferred stock 0 138,257
Issuance of common stock 229,825 (2,950)
Dividends paid on common and preferred stock (57,654) (42,677)
Contributions from Parent 0  
Distributions to Parent   0
Intercompany financing 0 0
Net cash provided by financing activities 743,231 67,701
Net increase in cash and cash equivalents 21,171 79,540
Cash and cash equivalents, beginning of period 4,308 17,101
Cash and cash equivalents, end of period 25,479 96,641
Parent Company [Member]
   
Condensed Financial Statements, Captions [Line Items]    
Net cash provided by operating activities 40,289 36,878
Cash flows from investing activities:    
Acquisitions of real estate 0 0
Acquisition of note receivable 0 0
Preferred equity investment 0 0
Additions to real estate 0 0
Repayment of loans receivable 0  
Net proceeds from the sale of real estate   0
Distribution from subsidiaries   3,345
Investment in subsidiaries (12,288)  
Intercompany financing (182,248) (52,041)
Net cash used in investing activities (194,536) (48,696)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes 0 0
Principal payments on senior unsecured notes 0 0
Proceeds from revolving credit facility 0  
Payments on revolving credit facility 0 0
Proceeds from mortgage notes 0  
Principal payments on mortgage notes 0 0
Payments of deferred financing costs 0 0
Issuance of preferred stock   138,257
Issuance of common stock 229,825 (2,950)
Dividends paid on common and preferred stock (57,654) (42,677)
Contributions from Parent 0  
Distributions to Parent   0
Intercompany financing 0 0
Net cash provided by financing activities 172,171 92,630
Net increase in cash and cash equivalents 17,924 80,812
Cash and cash equivalents, beginning of period 3,551 15,075
Cash and cash equivalents, end of period 21,475 95,887
Issuers [Member]
   
Condensed Financial Statements, Captions [Line Items]    
Net cash provided by operating activities 0 0
Cash flows from investing activities:    
Acquisitions of real estate 0 0
Acquisition of note receivable 0 0
Preferred equity investment 0 0
Additions to real estate 0 0
Repayment of loans receivable 0  
Net proceeds from the sale of real estate   0
Distribution from subsidiaries   3,345
Investment in subsidiaries (12,288)  
Intercompany financing (915,786) (132,883)
Net cash used in investing activities (928,074) (129,538)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes 350,000 200,000
Principal payments on senior unsecured notes (211,250) (113,750)
Proceeds from revolving credit facility 604,000  
Payments on revolving credit facility 0 0
Proceeds from mortgage notes 0  
Principal payments on mortgage notes 0 0
Payments of deferred financing costs (9,212) (5,408)
Issuance of preferred stock   0
Issuance of common stock 0 0
Dividends paid on common and preferred stock 0 0
Contributions from Parent 12,288  
Distributions to Parent   (3,345)
Intercompany financing 182,248 52,041
Net cash provided by financing activities 928,074 129,538
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period 0 0
Combined Guarantor Subsidiaries [Member]
   
Condensed Financial Statements, Captions [Line Items]    
Net cash provided by operating activities 0 0
Cash flows from investing activities:    
Acquisitions of real estate (713,778) (6,175)
Acquisition of note receivable (59,256) (26,393)
Preferred equity investment (11,300) (6,624)
Additions to real estate (1,128) (388)
Repayment of loans receivable 287  
Net proceeds from the sale of real estate   0
Distribution from subsidiaries   0
Investment in subsidiaries 0  
Intercompany financing 0 0
Net cash used in investing activities (785,175) (39,580)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes 0 0
Principal payments on senior unsecured notes 0 0
Proceeds from revolving credit facility 95,000  
Payments on revolving credit facility (220,500) (92,500)
Proceeds from mortgage notes 0  
Principal payments on mortgage notes 0 0
Payments of deferred financing costs (5,111) (3,011)
Issuance of preferred stock   0
Issuance of common stock 0 0
Dividends paid on common and preferred stock 0 0
Contributions from Parent 0  
Distributions to Parent   0
Intercompany financing 915,786 135,091
Net cash provided by financing activities 785,175 39,580
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period 0 0
Combined Non-Guarantor Subsidiaries [Member]
   
Condensed Financial Statements, Captions [Line Items]    
Net cash provided by operating activities 30,950 12,333
Cash flows from investing activities:    
Acquisitions of real estate (8,101) 0
Acquisition of note receivable 0 0
Preferred equity investment 0 0
Additions to real estate (23) 0
Repayment of loans receivable 0  
Net proceeds from the sale of real estate   2,208
Distribution from subsidiaries   0
Investment in subsidiaries 0  
Intercompany financing 0 0
Net cash used in investing activities (8,124) 2,208
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes 0 0
Principal payments on senior unsecured notes 0 0
Proceeds from revolving credit facility 0  
Payments on revolving credit facility 0 0
Proceeds from mortgage notes 57,703  
Principal payments on mortgage notes (88,419) (10,081)
Payments of deferred financing costs (1,151) (179)
Issuance of preferred stock   0
Issuance of common stock 0 0
Dividends paid on common and preferred stock 0 0
Contributions from Parent 12,288  
Distributions to Parent   (3,345)
Intercompany financing 0 (2,208)
Net cash provided by financing activities (19,579) (15,813)
Net increase in cash and cash equivalents 3,247 (1,272)
Cash and cash equivalents, beginning of period 757 2,026
Cash and cash equivalents, end of period 4,004 754
Elimination [Member]
   
Condensed Financial Statements, Captions [Line Items]    
Net cash provided by operating activities 0 0
Cash flows from investing activities:    
Acquisitions of real estate 0 0
Acquisition of note receivable 0 0
Preferred equity investment 0 0
Additions to real estate 0 0
Repayment of loans receivable 0  
Net proceeds from the sale of real estate   0
Distribution from subsidiaries   (6,690)
Investment in subsidiaries 24,576  
Intercompany financing 1,098,034 184,924
Net cash used in investing activities 1,122,610 178,234
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes 0 0
Principal payments on senior unsecured notes   0
Proceeds from revolving credit facility 0  
Payments on revolving credit facility 0 0
Proceeds from mortgage notes 0  
Principal payments on mortgage notes 0 0
Payments of deferred financing costs 0 0
Issuance of preferred stock   0
Issuance of common stock 0 0
Dividends paid on common and preferred stock 0 0
Contributions from Parent (24,576)  
Distributions to Parent   6,690
Intercompany financing (1,098,034) (184,924)
Net cash provided by financing activities (1,122,610) (178,234)
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period $ 0 $ 0