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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities    
Net income $ 9,856 $ 18,058
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 46,098 39,883
Amortization of non-cash items within interest expense 2,074 993
Amortization of acquired above- and below-market leases, net (2,354) (1,168)
Amortization of acquired below-market ground leases 1,958 1,958
Straight-lining of rental revenue (5,404) (5,853)
Equity based compensation 5,419 4,555
Increase (decrease) in cash flows due to changes in operating assets and liabilities:    
Security deposits (1,243) (3,637)
Tenant and other receivables 7,385 2,989
Deferred leasing costs (3,270) (7,372)
Prepaid expenses and other assets 24,046 25,738
Accounts payable and accrued expenses (5,192) (4,176)
Deferred revenue and other liabilities (1,471) (3,408)
Net cash provided by operating activities 77,902 68,560
Cash Flows From Investing Activities    
Short-term investments 50,000 0
Additions to building and improvements (61,163) (44,112)
Net cash used in investing activities (11,163) (44,112)
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable 0 160,000
Repayment of mortgage notes payable (934) (263,863)
Proceeds from unsecured senior notes 0 335,000
Deferred financing costs 0 (1,821)
Private perpetual preferred unit distributions (234) (234)
Dividends paid to common stockholders (18,520) (17,207)
Distributions paid to non-controlling interests in the operating partnership (13,188) (14,350)
Net cash provided by (used in) financing activities (32,876) 197,525
Net increase in cash and cash equivalents and restricted cash 33,863 221,973
Cash and cash equivalents and restricted cash—beginning of period 270,813 530,197
Cash and cash equivalents and restricted cash—end of period 304,676 752,170
Reconciliation of Cash and Cash Equivalents and Restricted Cash:    
Cash and cash equivalents at beginning of period 204,981 464,344
Restricted cash at beginning of period 65,832 65,853
Cash and cash equivalents at end of period 242,910 690,471
Restricted cash at end of period 61,766 61,699
Supplemental disclosures of cash flow information:    
Cash paid for interest 20,768 16,989
Cash paid for income taxes 1,075 659
Non-cash investing and financing activities:    
Building and improvements included in accounts payable and accrued expenses 82,399 74,008
Write-off of fully depreciated assets 6,126 8,922
Derivative instruments at fair values included in prepaid expenses and other assets 3 4,103
Derivative instruments at fair values included in accounts payable and accrued expenses 10,336 0
Conversion of operating partnership units and Class B shares to Class A shares 3,282 $ 10,089
Right of use assets 29,452  
Ground lease liabilities $ 29,452