Revisions of Previously-Issued Financial Statements (Tables)

3 Months Ended

Mar. 31, 2016

Accounting Changes and Error Corrections [Abstract]

Revisions of Previously-Issued Financial Statements

We revised errors in our condensed consolidated statement of cash flows for the three months ended March 31, 2015 as follows (in thousands):

	Three Months Ended March 31, 2015
	As Reported			Revisions				As Revised
Net Cash Provided by Operating Activities	$	9,586		$	3,085		(a) (b) (c) (d)	$	12,671
Net Cash Used in Investing Activities	(145,309		)	536			(a)	(144,773		)
				(1,923		)	(b)
				948			(c)
Net Cash Provided by Financing Activities	248,240			(975		)		247,265
Change in Cash and Cash Equivalents During the Period
Effect of exchange rate changes on cash and cash equivalents	(2,971		)	(2,646		)	(a) (d)	(5,617		)
Net increase in cash and cash equivalents	109,546			—				109,546
Cash and cash equivalents, beginning of period	429,548			—				429,548
Cash and cash equivalents, end of period	$	539,094		$	—			$	539,094

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(a) These items relate to an error in the classification of cash flows for an acquisition of real estate, whereby Net cash provided by operating activities was overstated by $1.0 million, Net cash used in investing activities was overstated by $0.5 million, and the Effect of exchange rate changes on cash and cash equivalents should have been increased by $0.5 million.

(b) These items relate to an error in the classification of cash flows related to the settlement of proceeds from the sale of our common stock and an error in the classification of cash flows for offering costs, whereby Net cash provided by operating activities was understated by $1.9 million and Net cash provided by financing activities was overstated by the same amount.

(c) These items relate to an error in the capitalization of financing costs as described below, whereby Net cash provided by operating activities was overstated by $0.9 million and Net cash provided by financing activities was understated by the same amount.

(d) These items relate to an error in the classification of the remeasurement of foreign cash balances held in U.S. dollar functional currency subsidiaries, whereby Net cash provided by operating activities was understated by $3.1 million and the Effect of exchange rate changes on cash and cash equivalents should have been decreased by the same amount.