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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 21,723 $ 36,265
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 34,171 28,647
Non-cash interest income adjustments 443 212
Amortization of deferred financing costs 2,494 2,529
Stock-based compensation expense 3,652 4,672
Amortization of debt discount 54 51
Loss on extinguishment of debt 556 0
Straight-line rental income adjustments (11,117) (11,834)
Provision for doubtful accounts and loan losses 2,746 4,116
Change in fair value of contingent consideration (50) 200
Net loss (gain) on sales of real estate 4,654 (1,723)
Impairment of real estate 29,811 0
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 3,265 (11,292)
Accounts payable and accrued liabilities 4,324 1,014
Restricted cash (2,232) (1,550)
Net cash provided by operating activities 94,494 51,307
Cash flows from investing activities:    
Acquisitions of real estate 0 (301,851)
Origination and fundings of loans receivable (6,283) (21,737)
Origination and fundings of preferred equity investments (6,172) (5,131)
Additions to real estate (874) (1,033)
Repayment of loans receivable 193,893 2,052
Release of contingent consideration held in escrow 0 5,240
Net proceeds from the sale of real estate 75,456 1,800
Net cash provided by (used in) investing activities 256,020 (320,660)
Cash flows from financing activities:    
Net (repayments of) proceeds from revolving credit facility (255,000) 54,000
Proceeds from term loans 69,360 73,242
Principal payments on mortgage notes (2,060) (1,340)
Payments of deferred financing costs (5,931) (834)
Issuance of common stock, net (1,289) 140,062
Dividends paid on common and preferred stock (59,288) (51,343)
Net cash provided by (used in) financing activities (254,208) 213,787
Net increase (decrease) in cash and cash equivalents 96,306 (55,566)
Effect of foreign currency translation on cash and cash equivalents 128 (185)
Cash and cash equivalents, beginning of period 7,434 61,793
Cash and cash equivalents, end of period 103,868 6,042
Supplemental disclosure of cash flow information:    
Interest paid 30,581 25,441
Assumption of mortgage indebtedness $ 0 $ 19,677