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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows From Operating Activities    
Net income $ 41,345 $ 34,473
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 77,775 81,047
Amortization of deferred financing costs and debt premiums and discount 293 1,609
Amortization of acquired above- and below-market leases, net (5,075) (9,867)
Amortization of acquired below-market ground leases 3,916 3,916
Straight-lining of rental revenue (11,876) (9,724)
Equity based compensation 4,646 2,924
Increase (decrease) in cash flows due to changes in operating assets and liabilities:    
Restricted cash 337 (2,840)
Tenant and other receivables 4,261 7,314
Deferred leasing costs (10,528) (21,845)
Prepaid expenses and other assets 2,566 647
Accounts payable and accrued expenses (7,239) (1,408)
Deferred revenue and other liabilities (8,369) (9,163)
Net cash provided by operating activities 92,052 77,083
Cash Flows From Investing Activities    
Decrease (increase) in restricted cash for investing activities 5,077 (706)
Development costs (450) (346)
Additions to building and improvements (78,656) (62,066)
Net cash used in investing activities (74,029) (63,118)
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable 50,000 0
Repayment of mortgage notes payable (26,215) (140,974)
Proceeds from unsecured revolving credit facility 40,000 615,000
Repayments of unsecured revolving credit facility (40,000) (330,000)
Repayments of term loan and credit facility 0 (470,000)
Proceeds from senior unsecured notes 0 350,000
Deferred financing costs (1,366) (3,554)
Private perpetual preferred unit distributions (468) (468)
Dividends paid to common stockholders (23,253) (19,068)
Distributions paid to non-controlling interests in the operating partnership (27,952) (26,412)
Net cash used in financing activities (29,254) (25,476)
Net decrease in cash and cash equivalents (11,231) (11,511)
Cash and cash equivalents—beginning of period 46,685 45,732
Cash and cash equivalents—end of period 35,454 34,221
Supplemental disclosures of cash flow information:    
Cash paid for interest 34,034 30,946
Cash paid for income taxes 2,058 2,709
Non-cash investing and financing activities:    
Building and improvements included in accounts payable and accrued expenses 59,504 43,722
Derivative instruments at fair values included in accounts payable and accrued expenses 30,235 0
Conversion of operating partnership units and Class B shares to Class A shares $ 15,201 $ 28,656