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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 4,892 $ 1,078
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 208,475 223,658
Amortization of deferred financing costs 4,121 1,754
Straight-lining of rental income (67,843) (49,859)
Amortization of above and below-market leases, net (6,593) (3,239)
Unrealized gain on interest rate swaps (29,661) (49,497)
Realized and unrealized (gains) losses on marketable securities (341) 1,087
Realized and unrealized gains, net, on real estate fund investments   (15,363)
Loss from unconsolidated real estate funds 2,540  
Distributions of cumulative earnings from unconsolidated real estate funds 148  
Income from unconsolidated joint ventures (5,291) (4,444)
Distributions of cumulative earnings from unconsolidated joint ventures 5,790 3,102
Amortization of stock-based compensation expense 8,766 6,224
Other non-cash adjustments 1,981 5,100
Changes in operating assets and liabilities:    
Restricted cash   (11,290)
Real estate fund investments   2,357
Accounts and other receivables (1,455) (4,621)
Deferred charges (11,266) (18,754)
Other assets (39,338) (21,441)
Accounts payable and accrued expenses (3,335) (8,343)
Deferred income taxes (2,979) (301)
Other liabilities 1,343 1,008
Net cash provided by operating activities 69,954 58,216
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to rental properties (107,445) (68,484)
Deposit on rental property (50,000)  
Changes in restricted cash 11,380 (26,971)
Contributions to unconsolidated real estate funds (1,084)  
Distributions of capital from unconsolidated real estate funds 160  
Distributions of capital from unconsolidated joint ventures 34 19
Net cash used in investing activities (146,955) (95,436)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes and mortgages payable 509,578  
Repayments of notes and mortgages payable (414,564) (1,024)
Proceeds from revolving credit facility 110,000  
Repayments of revolving credit facility (80,000)  
Dividends paid to common stockholders (61,241) (48,574)
Settlement of swap liabilities (16,040)  
Distributions paid to unitholders (14,124) (11,822)
Debt issuance costs (6,532)  
Distributions to noncontrolling interests (2,692) (54,975)
Contributions from noncontrolling interests   133,111
Net cash provided by financing activities 24,385 16,716
Net decrease in cash and cash equivalents (52,616) (20,504)
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 83,281 418,095
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 106,015 119,278
Cash payments for income taxes, net of refunds 1,524 1,968
(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
Change in fair value of interest rate swaps 33,812 18,602
Common shares issued upon redemption of common units 126,142  
Additions to real estate included in accounts payable and accrued expenses 6,609 12,028
Purchases of marketable securities using restricted cash 139 1,293
Write-off of fully amortized and/or depreciated assets $ 8,475 $ 889