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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash Flows From Operating Activities    
Net income $ 59,246 $ 7,282
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 96,632  
Amortization of deferred finance costs and debt premiums and discount 2,559  
Amortization of acquired above- and below-market leases, net (8,480)  
Amortization of acquired below-market ground leases 2,602  
Straight-lining of rental revenue (32,102)  
Equity based compensation 2,908  
Equity in net income of non-controlled entities 0 (14,816)
Distributions of cumulative earnings of non-controlled entities 0 3,391
Increase (decrease) in cash flows due to changes in operating assets and liabilities (excluding the effect of acquisitions):    
Restricted cash (4,689)  
Tenant and other receivables (2,475)  
Deferred leasing costs (9,049)  
Prepaid expenses and other assets 4,361  
Accounts payable and accrued expenses (12,973)  
Deferred revenue and other liabilities 3,094  
Net cash provided by operating activities 101,634  
Cash Flows From Investing Activities    
Decrease (increase) in restricted cash for investing activities 5,162  
Acquisition of real estate property, net of cash received (186,588)  
Development costs (512)  
Additions to building and improvements (82,683)  
Net cash used in investing activities (264,621)  
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable 0  
Repayment of mortgage notes payable (57,478)  
Proceeds from credit facility 295,600  
Repayments of credit facility (265,000)  
Proceeds from unsecured loan payable 0  
Proceeds from Issuance of Senior Long-term Debt 250,000 0
Deferred financing costs and equity issuance costs (3,192)  
Deferred offering costs 0  
Contributions from owners 0  
Payment of Distributions (241) 0
Distributions to Predecessor owners 0  
Dividends paid to common stockholders (24,601)  
Distributions paid to non-controlling interests in the operating partnership (39,926)  
Net cash provided by financing activities 155,162  
Net increase (decrease) in cash and cash equivalents (7,825)  
Cash and cash equivalents—beginning of period 60,743  
Cash and cash equivalents—end of period 52,918  
Supplemental disclosures of cash flow information:    
Cash paid for interest 42,226  
Cash paid for income taxes 2,669  
Non-cash investing and financing activities:    
Commercial real estate properties included in accounts payable and accrued expenses 36,192  
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned 379,328 0
Debt assumed 182,851 0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Liabilities, Net of Other Assets (5,155) 0
Predecessor [Member]
   
Cash Flows From Operating Activities    
Net income   7,282
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization   38,030
Amortization of deferred finance costs and debt premiums and discount   5,551
Amortization of acquired above- and below-market leases, net   0
Amortization of acquired below-market ground leases   0
Straight-lining of rental revenue   (3,383)
Equity based compensation   0
Equity in net income of non-controlled entities   (14,816)
Distributions of cumulative earnings of non-controlled entities   3,391
Increase (decrease) in cash flows due to changes in operating assets and liabilities (excluding the effect of acquisitions):    
Restricted cash   (633)
Tenant and other receivables   (80)
Deferred leasing costs   (9,771)
Prepaid expenses and other assets   3,084
Accounts payable and accrued expenses   32,442
Deferred revenue and other liabilities   924
Net cash provided by operating activities   62,021
Cash Flows From Investing Activities    
Decrease (increase) in restricted cash for investing activities   (500)
Acquisition of real estate property, net of cash received   0
Development costs   179
Additions to building and improvements   (56,129)
Net cash used in investing activities   (56,450)
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable   102,947
Repayment of mortgage notes payable   (20,049)
Proceeds from credit facility   0
Repayments of credit facility   0
Proceeds from unsecured loan payable   3,750
Deferred financing costs and equity issuance costs   (3,482)
Deferred offering costs   (6,595)
Contributions from owners   3,924
Distributions to Predecessor owners   (31,965)
Dividends paid to common stockholders   0
Distributions paid to non-controlling interests in the operating partnership   0
Net cash provided by financing activities   48,530
Net increase (decrease) in cash and cash equivalents   54,101
Cash and cash equivalents—beginning of period   51,499
Cash and cash equivalents—end of period   105,600
Supplemental disclosures of cash flow information:    
Cash paid for interest   38,380
Cash paid for income taxes   0
Non-cash investing and financing activities:    
Commercial real estate properties included in accounts payable and accrued expenses   $ 102