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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities    
Net income $ 18,058 $ 19,145
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 39,883 40,846
Amortization of non-cash items within interest expense 993 225
Amortization of acquired above- and below-market leases, net (1,168) (1,428)
Amortization of acquired below-market ground leases 1,958 1,958
Straight-lining of rental revenue (5,853) (5,931)
Equity based compensation 4,555 3,154
Unrealized loss from derivative financial instruments 0 104
Increase (decrease) in cash flows due to changes in operating assets and liabilities:    
Security deposits (3,637) 15
Tenant and other receivables 2,989 1,963
Deferred leasing costs (7,372) (7,733)
Prepaid expenses and other assets 25,738 17,867
Accounts payable and accrued expenses (4,176) (8,141)
Deferred revenue and other liabilities (3,408) (1,115)
Net cash provided by operating activities 68,560 60,929
Cash Flows From Investing Activities    
Development costs 0 (26)
Additions to building and improvements (44,112) (47,040)
Net cash used in investing activities (44,112) (47,066)
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable 160,000 0
Repayment of mortgage notes payable (263,863) (3,167)
Proceeds from unsecured revolving credit facility and term loan 335,000 0
Deferred financing costs (1,821) (45)
Private perpetual preferred unit distributions (234) (234)
Dividends paid to common stockholders (17,207) (16,482)
Distributions paid to non-controlling interests in the operating partnership (14,350) (14,914)
Net cash provided (used in) by financing activities 197,525 (34,842)
Net increase (decrease) in cash and cash equivalents and restricted cash 221,973 (20,979)
Cash and cash equivalents and restricted cash—beginning of period 530,197 615,885
Cash and cash equivalents and restricted cash—end of period 752,170 594,906
Reconciliation of Cash and Cash Equivalents and Restricted Cash:    
Cash and cash equivalents at beginning of period 464,344 554,371
Restricted cash at beginning of period 65,853 61,514
Cash and cash equivalents at end of period 690,471 532,442
Restricted cash at end of period 61,699 62,464
Supplemental disclosures of cash flow information:    
Cash paid for interest 16,989 19,073
Cash paid for income taxes 659 507
Non-cash investing and financing activities:    
Building and improvements included in accounts payable and accrued expenses 74,008 67,614
Derivative instruments at fair values included in prepaid expenses and other assets 4,103 1,547
Derivative instruments at fair values included in accounts payable and accrued expenses 0 5,234
Conversion of operating partnership units and Class B shares to Class A shares $ 10,089 $ 7,809