Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2016	Mar. 31, 2015
OPERATING ACTIVITIES
Net income	$ 26,533	$ 8,118
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of buildings and tenant improvements	5,468	4,200
Amortization of leasing costs and in-place lease intangibles	2,681	708
Accrued straight-line rental revenue	(188)	(725)
Amortization of leasing incentives and above or below-market rents	6	177
Accrued straight-line ground rent expense	66	79
Bad debt expense	45	34
Noncash stock compensation	437	379
Impairment charges	35
Noncash interest expense	191	318
Noncash loss on extinguishment of debt		227
Gain on real estate dispositions and acquisitions	(26,674)	(6,197)
Change in the fair value of derivatives	2,389	147
Changes in operating assets and liabilities
Property assets	218	(1,101)
Property liabilities	(686)	381
Construction assets	4,857	(8,551)
Construction liabilities	(4,070)	1,402
Net cash provided by (used for) operating activities	11,308	(404)
INVESTING ACTIVITIES
Development of real estate investments	(19,777)	(20,951)
Tenant and building improvements	(1,309)	(1,203)
Acquisitions of real estate investments	(165,161)
Dispositions of real estate investments	83,748	15,224
Notes receivable issuances	(2,639)
Increase (decrease) in restricted cash	(13)	762
Leasing costs	(490)	(1,337)
Leasing incentives	(22)	(825)
Contributions to equity method investments	(5,440)
Net cash used for investing activities	(111,103)	(8,330)
FINANCING ACTIVITIES
Proceeds from sales of common stock	10,089
Offering costs	(273)
Debt issuances, credit facility and construction loan borrowings	144,684	125,467
Debt and credit facility repayments, including principal amortization	(54,821)	(103,637)
Debt issuance costs	(442)	(1,132)
Dividends and distributions	(7,621)	(6,368)
Net cash provided by financing activities	91,616	14,330
Net (decrease) increase in cash and cash equivalents	(8,179)	5,596
Cash and cash equivalents, beginning of period	26,989	25,883
Cash and cash equivalents, end of period	$ 18,810	$ 31,479

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The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations.

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No definition available.

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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Difference between actual rental income due and rental income recognized on a straight-line basis.

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Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt.

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