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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2013
Oct. 06, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows From Operating Activities        
Net income (loss) $ 193,431   $ 48,643 $ 57,397
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:        
Depreciation and amortization 27,375      
Amortization of deferred finance costs and debt premiums 152   4,900 3,200
Amortization of acquired above and below-market leases, net (1,911)   0 0
Amortization of acquired below-market ground lease 426      
Straight-lining of rental revenue (8,932)      
Bad debts (recoveries) 149      
Equity based compensation 2,994      
Gain on consolidation of non-controlled entities (322,563)      
Equity in net income of non-controlled entities 0 (14,875) (14,348) (3,893)
Distributions of cumulative earnings of non-controlled entities 0   10,095  
Deemed contribution for settlement expense 0      
Increase (decrease) in cash flows due to changes in operating assets and liabilities (excluding the effect of acquisitions):        
Restricted cash 7,196      
Tenant and other receivables (7,590)      
Deferred leasing costs (8,916)      
Due to/from affiliated companies, net 2,368      
Prepaid expenses and other assets (15,120)      
Accounts payable and accrued expenses 9,140      
Accrued interest payable 260      
Deferred revenue and other liabilities (10,386)      
Net cash provided by (used in) operating activities (131,927)      
Cash Flows From Investing Activities        
Cash paid in the formation transactions to acquire the non-controlled properties, net of cash received (563,529)      
Decrease (increase) in restricted cash for investing activities (344)      
Development costs 0      
Increase in due from affiliates for advances for leasehold interests and improvements 0      
Additions to building and improvements and building leasehold interests (56,434)      
Net cash used in investing activities (620,307)      
Cash Flows From Financing Activities        
Proceeds from mortgage notes payable 0      
Repayment of mortgage notes payable (313,240)      
Proceeds from unsecured loan payable 0      
Repayment of unsecured notes payable (7,350)      
Proceeds from term loan and credit facility 335,000      
Repayments of term loan and credit facility (10,000)      
Deferred financing costs (15,381)      
Net proceeds from the sale of common stock 992,887      
Deferred offering costs 0      
Contributions from owners 0      
Cash paid for equity interests in the formation transactions (143,236)      
Distributions to Predecessor owners (123,147)      
Dividends paid to common stockholders (7,601)      
Distributions paid to noncontrolling interests in the operating partnership (11,915)      
Net cash provided by (used in) financing activities 696,017      
Net increase (decrease) in cash and cash equivalents (56,217)      
Cash and cash equivalents—beginning of period 116,960      
Cash and cash equivalents—end of period 60,743 116,960    
Supplemental disclosures of cash flow information:        
Cash paid for interest 12,648      
Cash paid for income taxes 329      
Non-cash investing and financing activities:        
Commercial real estate properties included in accounts payable and accrued expenses 15,584      
Issuance of Class A Common Stock, Class B Common Stock, and operating partnership units in connection with the acquisition of real estate properties 457,493      
Debt assumed with the acquisition of real estate properties 136,226      
Reduction of equity for deferred offering costs 32,319      
Acquisition of working capital, net of cash 6,061      
Due to affiliates settled in Class A Common Stock, Class B Common Stock, or operating partnership units 4,299      
Accrued distributions to Predecessor owners 0      
Distribution of real property to owners prior to the formation transactions 0      
Distribution of unsecured loan and note payable - related party to owners prior to the formation transactions 0      
Predecessor [Member]
       
Cash Flows From Operating Activities        
Net income (loss)   (37,232) 48,643 57,397
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:        
Depreciation and amortization   38,963 42,690 35,513
Amortization of deferred finance costs and debt premiums   11,512 4,881 3,247
Amortization of acquired above and below-market leases, net   0 0 0
Amortization of acquired below-market ground lease   0 0 0
Straight-lining of rental revenue   (3,383) (2,568) (3,116)
Bad debts (recoveries)   (597) 498 1,226
Equity based compensation   0 0 0
Gain on consolidation of non-controlled entities   0 0 0
Equity in net income of non-controlled entities   (14,875) (14,348) (3,893)
Distributions of cumulative earnings of non-controlled entities   3,391 10,095 13,011
Deemed contribution for settlement expense   55,000 0 0
Increase (decrease) in cash flows due to changes in operating assets and liabilities (excluding the effect of acquisitions):        
Restricted cash   (633) 4,392 4,202
Tenant and other receivables   (80) 4,484 (6,057)
Deferred leasing costs   (9,771) (14,654) (15,026)
Due to/from affiliated companies, net   26,901 7,472 (37,074)
Prepaid expenses and other assets   3,084 (1,154) 485
Accounts payable and accrued expenses   326 1,893 (265)
Accrued interest payable   (149) 520 (305)
Deferred revenue and other liabilities   924 1,509 (1,663)
Net cash provided by (used in) operating activities   73,381 94,353 47,682
Cash Flows From Investing Activities        
Cash paid in the formation transactions to acquire the non-controlled properties, net of cash received   0 0 0
Decrease (increase) in restricted cash for investing activities   (500) (5,561) 55
Development costs   179 (189) (49)
Increase in due from affiliates for advances for leasehold interests and improvements   0 (15,061) 0
Additions to building and improvements and building leasehold interests   (56,129) (87,470) (60,533)
Net cash used in investing activities   (56,450) (108,281) (60,527)
Cash Flows From Financing Activities        
Proceeds from mortgage notes payable   102,947 69,000 170,540
Repayment of mortgage notes payable   (20,049) (12,212) (102,354)
Proceeds from unsecured loan payable   3,750 51 5,600
Repayment of unsecured notes payable   0 0 (3,200)
Proceeds from term loan and credit facility   0 0 0
Repayments of term loan and credit facility   0 0 0
Deferred financing costs   (3,482) (4,339) (7,438)
Net proceeds from the sale of common stock   0 0 0
Deferred offering costs   (6,595) (12,593) (7,480)
Contributions from owners   3,924 2,107 2,153
Cash paid for equity interests in the formation transactions   0 0 0
Distributions to Predecessor owners   (31,965) (62,903) (46,691)
Dividends paid to common stockholders   0 0 0
Distributions paid to noncontrolling interests in the operating partnership   0 0 0
Net cash provided by (used in) financing activities   48,530 (20,889) 11,130
Net increase (decrease) in cash and cash equivalents   65,461 (34,817) (1,715)
Cash and cash equivalents—beginning of period   51,499 86,316 88,031
Cash and cash equivalents—end of period   116,960 51,499 86,316
Supplemental disclosures of cash flow information:        
Cash paid for interest   38,380 48,993 51,776
Cash paid for income taxes   0 0 0
Non-cash investing and financing activities:        
Commercial real estate properties included in accounts payable and accrued expenses   1,812 1,926 518
Issuance of Class A Common Stock, Class B Common Stock, and operating partnership units in connection with the acquisition of real estate properties   0 0 0
Debt assumed with the acquisition of real estate properties   0 0 0
Reduction of equity for deferred offering costs   0 0 0
Acquisition of working capital, net of cash   0 0 0
Due to affiliates settled in Class A Common Stock, Class B Common Stock, or operating partnership units   0 0 0
Accrued distributions to Predecessor owners   123,147 0 0
Distribution of real property to owners prior to the formation transactions   16,345 0 0
Distribution of unsecured loan and note payable - related party to owners prior to the formation transactions   $ 14,739 $ 0 $ 0