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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 423 $ (8,279)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 142,099 153,004
Amortization of deferred financing costs 2,663 1,170
Straight-lining of rental income (44,542) (32,042)
Amortization of above and below-market leases, net (3,481) (1,762)
Unrealized gain on interest rate swaps (16,933) (33,725)
Transfer taxes due in connection with the sale of shares by a former joint venture partner   5,872
Realized and unrealized losses (gains) on marketable securities 312 (924)
Realized and unrealized gains, net, on real estate fund investments   (12,136)
Income from unconsolidated joint ventures (3,499) (2,986)
Loss from unconsolidated real estate funds 1,286  
Distributions of income from unconsolidated real estate funds 84  
Distributions of income from unconsolidated joint ventures 4,838 1,993
Amortization of stock-based compensation expense 6,183 4,405
Other non-cash adjustments 957 3,686
Changes in operating assets and liabilities:    
Real estate fund investments   (22)
Accounts and other receivables (165) (261)
Deferred charges (7,165) (12,523)
Other assets (4,942) 2,721
Accounts payable and accrued expenses 54,937 (7,635)
Deferred income taxes (2,287) (202)
Other liabilities 1,066 1,972
Net cash provided by operating activities 131,834 62,326
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to rental properties (73,840) (41,914)
Changes in restricted cash 12,512 9,550
Distributions of capital from unconsolidated real estate funds 116  
Distributions of capital from unconsolidated joint ventures 26  
Net cash used in investing activities (61,186) (32,364)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes and mortgages payable 506,627  
Repayments of notes and mortgages payable (414,202) (678)
Proceeds from revolving credit facility 60,000  
Repayments of revolving credit facility (60,000)  
Dividends paid to common shareholders (40,390) (28,422)
Settlement of swap liabilities (16,040)  
Distributions paid to unitholders (9,824) (6,903)
Debt issuance costs (6,487)  
Distributions to noncontrolling interests (1,740) (5,673)
Contributions from noncontrolling interests   11,203
Net cash provided by (used in) financing activities 17,944 (30,473)
Net increase (decrease) in cash and cash equivalents 88,592 (511)
Cash and cash equivalents at beginning of period 143,884 438,599
Decrease in cash due to deconsolidation of real estate fund investments (7,987)  
Cash and cash equivalents at end of period 224,489 438,088
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 68,957 78,860
Cash payments for income taxes, net of refunds 1,319 1,213
(Decrease) increase due to deconsolidation of real estate fund investments:    
Real estate fund investments (416,438)  
Loans payable to noncontrolling interests (45,662)  
Investments in unconsolidated real estate funds 27,292  
Noncontrolling interests in consolidated real estate funds (351,035)  
Dividends and distributions declared but not yet paid 25,151 25,066
Contributions from noncontrolling interests called but not yet received   2,828
Change in fair value of interest rate swaps 41,614  
Common shares issued upon redemption of common units 124,079  
Additions to real estate included in accounts payable and accrued expenses 10,678 14,257
Purchases of marketable securities using restricted cash 268 $ (441)
Write-off of fully amortized and/or depreciated assets $ 5,379