XML 62 R52.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summarized Condensed Consolidating Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net cash (used in) provided by operating activities $ 72,390 $ 66,933
Cash flows from investing activities:    
Acquisitions of real estate (75,621) (222,463)
Improvements to real estate (5,401) (621)
Purchases of equipment, furniture and fixtures (1,262) (359)
Investment in real estate mortgage and other loans receivable (2,598) 0
Principal payments received on real estate mortgage and other loans receivable 893 0
Escrow deposits for acquisitions of real estate (1,000) (1,000)
Net proceeds from the sale of real estate 13,004 0
Sale of other real estate investment 0 7,500
Distribution from subsidiary 0 0
Intercompany financing 0 0
Net cash used in investing activities (71,985) (216,943)
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net 130,546 170,414
Proceeds from the issuance of senior unsecured notes payable 0 300,000
Borrowings under unsecured revolving credit facility 60,000 158,000
Payments on senior unsecured notes payable 0 (267,639)
Payments on unsecured revolving credit facility (135,000) (158,000)
Payments of deferred financing costs 0 (6,047)
Net-settle adjustment on restricted stock (1,288) (866)
Dividends paid on common stock (45,827) (38,544)
Distribution to Parent 0 0
Intercompany financing 0 0
Net cash provided by financing activities 8,431 157,318
Net increase in cash and cash equivalents 8,836 7,308
Cash and cash equivalents, beginning of period 6,909 7,500
Cash and cash equivalents, end of period 15,745 14,808
Reportable Legal Entities | Parent Guarantor    
Cash flows from operating activities:    
Net cash (used in) provided by operating activities (7) (157)
Cash flows from investing activities:    
Acquisitions of real estate 0 0
Improvements to real estate 0 0
Purchases of equipment, furniture and fixtures 0 0
Investment in real estate mortgage and other loans receivable 0  
Principal payments received on real estate mortgage and other loans receivable 0  
Escrow deposits for acquisitions of real estate 0 0
Net proceeds from the sale of real estate 0  
Sale of other real estate investment   0
Distribution from subsidiary 45,827 38,544
Intercompany financing (129,251) (169,391)
Net cash used in investing activities (83,424) (130,847)
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net 130,546 170,414
Proceeds from the issuance of senior unsecured notes payable   0
Borrowings under unsecured revolving credit facility 0 0
Payments on senior unsecured notes payable   0
Payments on unsecured revolving credit facility 0 0
Payments of deferred financing costs   0
Net-settle adjustment on restricted stock (1,288) (866)
Dividends paid on common stock (45,827) (38,544)
Distribution to Parent 0 0
Intercompany financing 0 0
Net cash provided by financing activities 83,431 131,004
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period 0 0
Reportable Legal Entities | Issuers    
Cash flows from operating activities:    
Net cash (used in) provided by operating activities 28,087 17,946
Cash flows from investing activities:    
Acquisitions of real estate (75,621) (222,463)
Improvements to real estate (5,376) (571)
Purchases of equipment, furniture and fixtures (1,193) (292)
Investment in real estate mortgage and other loans receivable (2,598)  
Principal payments received on real estate mortgage and other loans receivable 893  
Escrow deposits for acquisitions of real estate (1,000) (1,000)
Net proceeds from the sale of real estate 13,004  
Sale of other real estate investment   0
Distribution from subsidiary 0 0
Intercompany financing 44,216 56,527
Net cash used in investing activities (27,675) (167,799)
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net 0 0
Proceeds from the issuance of senior unsecured notes payable   300,000
Borrowings under unsecured revolving credit facility 60,000 158,000
Payments on senior unsecured notes payable   (267,639)
Payments on unsecured revolving credit facility (135,000) (158,000)
Payments of deferred financing costs   (6,047)
Net-settle adjustment on restricted stock 0 0
Dividends paid on common stock 0 0
Distribution to Parent (45,827) (38,544)
Intercompany financing 129,251 169,391
Net cash provided by financing activities 8,424 157,161
Net increase in cash and cash equivalents 8,836 7,308
Cash and cash equivalents, beginning of period 6,909 7,500
Cash and cash equivalents, end of period 15,745 14,808
Reportable Legal Entities | Combined Subsidiary Guarantors    
Cash flows from operating activities:    
Net cash (used in) provided by operating activities 44,310 49,144
Cash flows from investing activities:    
Acquisitions of real estate 0 0
Improvements to real estate (25) (50)
Purchases of equipment, furniture and fixtures (69) (67)
Investment in real estate mortgage and other loans receivable 0  
Principal payments received on real estate mortgage and other loans receivable 0  
Escrow deposits for acquisitions of real estate 0 0
Net proceeds from the sale of real estate 0  
Sale of other real estate investment   7,500
Distribution from subsidiary 0 0
Intercompany financing 0 0
Net cash used in investing activities (94) 7,383
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net 0 0
Proceeds from the issuance of senior unsecured notes payable   0
Borrowings under unsecured revolving credit facility 0 0
Payments on senior unsecured notes payable   0
Payments on unsecured revolving credit facility 0 0
Payments of deferred financing costs   0
Net-settle adjustment on restricted stock 0 0
Dividends paid on common stock 0 0
Distribution to Parent 0 0
Intercompany financing (44,216) (56,527)
Net cash provided by financing activities (44,216) (56,527)
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period 0 0
Elimination    
Cash flows from operating activities:    
Net cash (used in) provided by operating activities 0 0
Cash flows from investing activities:    
Acquisitions of real estate 0 0
Improvements to real estate 0 0
Purchases of equipment, furniture and fixtures 0 0
Investment in real estate mortgage and other loans receivable 0  
Principal payments received on real estate mortgage and other loans receivable 0  
Escrow deposits for acquisitions of real estate 0 0
Net proceeds from the sale of real estate 0  
Sale of other real estate investment   0
Distribution from subsidiary (45,827) (38,544)
Intercompany financing 85,035 112,864
Net cash used in investing activities 39,208 74,320
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net 0 0
Proceeds from the issuance of senior unsecured notes payable   0
Borrowings under unsecured revolving credit facility 0 0
Payments on senior unsecured notes payable   0
Payments on unsecured revolving credit facility 0 0
Payments of deferred financing costs   0
Net-settle adjustment on restricted stock 0 0
Dividends paid on common stock 0 0
Distribution to Parent 45,827 38,544
Intercompany financing (85,035) (112,864)
Net cash provided by financing activities (39,208) (74,320)
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period $ 0 $ 0