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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows From Operating Activities    
Net income $ 77,472 $ 85,993
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 121,826 119,868
Amortization of non-cash items within interest expense 5,142 919
Amortization of acquired above- and below-market leases, net (4,387) (4,154)
Amortization of acquired below-market ground leases 5,873 5,873
Straight-lining of rental revenue (16,662) (20,590)
Equity based compensation 14,064 10,808
Settlement of derivative contracts 0 (6,335)
Unrealized loss from derivative financial instruments 0 2,157
Increase (decrease) in cash flows due to changes in operating assets and liabilities:    
Security deposits (4,566) 213
Tenant and other receivables (3,176) (12,119)
Deferred leasing costs (18,578) (21,660)
Prepaid expenses and other assets 20,308 13,672
Accounts payable and accrued expenses (1,181) (8,917)
Deferred revenue and other liabilities (8,732) 9,108
Net cash provided by operating activities 187,403 174,836
Cash Flows From Investing Activities    
Short-term investments (400,000) 0
Development costs (1) (27)
Additions to building and improvements (169,622) (157,579)
Net cash used in investing activities (569,623) (157,606)
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable 160,000 315,000
Repayment of mortgage notes payable (265,688) (344,618)
Proceeds from unsecured senior notes 335,000 0
Proceeds from unsecured revolving credit facility and term loan 0 265,000
Repayments of unsecured revolving credit facility and term loan 0 (265,000)
Proceeds from the sale of common stock 4,749 0
Deferred financing costs (1,977) (12,186)
Private perpetual preferred unit distributions (702) (702)
Dividends paid to common stockholders (52,518) (49,843)
Distributions paid to non-controlling interests in the operating partnership (42,740) (44,641)
Net cash provided by (used in) financing activities 136,124 (136,990)
Net decrease in cash and cash equivalents and restricted cash (246,096) (119,760)
Cash and cash equivalents and restricted cash—beginning of period 530,197 615,885
Cash and cash equivalents and restricted cash—end of period 284,101 496,125
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 229,745 432,105
Restricted cash at end of period 54,356 64,020
Supplemental disclosures of cash flow information:    
Cash paid for interest 56,597 53,918
Cash paid for income taxes 3,690 5,004
Non-cash investing and financing activities:    
Building and improvements included in accounts payable and accrued expenses 92,506 72,130
Derivative instruments at fair values included in prepaid expenses and other assets 9,944 0
Derivative instruments at fair values included in accounts payable and accrued expenses 0 13,378
Conversion of operating partnership units and Class B shares to Class A shares $ 31,660 $ 11,087