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COMBINED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (8,279)  
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Depreciation and amortization 153,004  
Unrealized (gains) losses on interest rate swaps (33,725)  
Straight-lining of rental income (32,042)  
Realized and unrealized gains, net, on real estate fund investments (12,136)  
Income from unconsolidated joint ventures (2,986)  
Distributions of income from unconsolidated joint ventures 1,993  
Amortization of above and below-market leases, net (1,762)  
Amortization of deferred financing costs 1,170  
Transfer taxes due in connection with the sale of shares by a former joint venture partner 5,872  
Realized and unrealized gains on marketable securities (924)  
Other non-cash adjustments 8,091  
Changes in operating assets and liabilities:    
Real estate fund investments (22)  
Accounts and other receivables (261)  
Deferred charges (12,523)  
Other assets 2,721  
Accounts payable and accrued expenses (7,635)  
Deferred income taxes (202)  
Other liabilities 1,972  
Net cash provided by (used in) operating activities 62,326  
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of, and additions to, rental properties (41,914)  
Changes in restricted cash 9,550  
Net cash used in investing activities (32,364)  
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid to common shareholders and unitholders (35,325)  
Contributions from noncontrolling interests 11,203  
Distributions to noncontrolling interests (5,673)  
Repayment of mortgage notes and loans payable (678)  
Net cash (used in) provided by financing activities (30,473)  
Net decrease in cash and cash equivalents (511)  
Cash and cash equivalents at beginning of period 438,599  
Cash and cash equivalents at end of period 438,088  
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 78,860  
Cash payments for income taxes 1,213  
NON-CASH TRANSACTIONS:    
Dividends and distributions payable 25,066  
Contributions from non controlling interests called but not yet received 2,828  
(Purchases) sale of marketable securities $ (441)  
Predecessor [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss)   $ 62,707
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Depreciation and amortization   5,566
Unrealized (gains) losses on interest rate swaps   196
Straight-lining of rental income   90
Realized and unrealized gains, net, on real estate fund investments   (79,917)
Income from unconsolidated joint ventures   (2,035)
Distributions of income from unconsolidated joint ventures   1,768
Amortization of deferred financing costs   216
Realized and unrealized gains on marketable securities   (1,228)
Other non-cash adjustments   3,756
Changes in operating assets and liabilities:    
Restricted cash   2,481
Real estate fund investments   (164,181)
Accounts and other receivables   (2,669)
Other assets   (3,456)
Accounts payable and accrued expenses   (2,945)
Profit sharing payables   5,414
Deferred income taxes   10,043
Other liabilities   1,693
Net cash provided by (used in) operating activities   (162,501)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of, and additions to, rental properties   (65,451)
Changes in restricted cash   253
Distributions of capital from unconsolidated joint ventures   1,123
Net cash used in investing activities   (64,075)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid to common shareholders and unitholders   (22,323)
Contributions from noncontrolling interests   88,804
Distributions to noncontrolling interests   (2,183)
Contributions from Predecessor shareholders   1,253
Proceeds from loans payable to noncontrolling interests   39,075
Repayment of mortgage notes and loans payable   (1,877)
Offering costs   (9,577)
Net cash (used in) provided by financing activities   93,172
Net decrease in cash and cash equivalents   (133,404)
Cash and cash equivalents at beginning of period   307,161
Cash and cash equivalents at end of period   173,757
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest   10,665
Cash payments for income taxes   5,168
NON-CASH TRANSACTIONS:    
(Purchases) sale of marketable securities   $ 6,946