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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net (loss) income $ (6,581) $ 23,174
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 176,722 188,772
Straight-lining of rental revenue (24,170) (33,407)
Loss from unconsolidated joint ventures 14,444 2,815
Amortization of stock-based compensation expense 14,141 17,859
Amortization of deferred financing costs 6,957 8,450
Amortization of above and below-market leases, net (4,653) (8,555)
Distributions of earnings from unconsolidated joint ventures 1,688 2,852
Distributions of earnings from unconsolidated real estate funds 480 1,288
Income from unconsolidated real estate funds (85) (271)
Realized and unrealized gains on marketable securities (129) (2,395)
Receipt of accrued interest on preferred equity investment   2,339
Gain on sale of real estate   (1,140)
Other non-cash adjustments 231 (153)
Changes in operating assets and liabilities:    
Accounts and other receivables 3,942 (324)
Deferred charges (10,116) (16,620)
Other assets (36,068) 25,963
Accounts payable and accrued expenses 2,827 (5,457)
Other liabilities (61) 1,457
Net cash provided by operating activities 139,569 206,647
Cash Flows from Investing Activities:    
Additions to real estate (60,348) (70,094)
Repayment of amounts due from affiliates 36,918 181,000
Sales of marketable securities 19,049 15,738
Purchases of marketable securities (12,207) (11,945)
Contributions of capital to unconsolidated real estate funds (2,945) (3,860)
Due from affiliates   (181,000)
Proceeds from sale of real estate   150,307
Investments in and contributions of capital to unconsolidated joint ventures   (148,896)
Redemption of preferred equity investment   33,750
Real estate acquisition deposits   (25,000)
Distributions of capital from unconsolidated real estate funds   1,613
Net cash used in investing activities (19,533) (58,387)
Cash Flows from Financing Activities:    
Borrowings under revolving credit facility 163,082 195,000
Proceeds from the sale of a 10.0% interest in 1633 Broadway 111,984  
Repurchases of common shares (108,520) (89,005)
Dividends paid to common stockholders (67,165) (70,243)
Distributions paid to common unitholders (6,724) (7,561)
Contributions from noncontrolling interests 11,555 14,989
Distributions to noncontrolling interests (9,530) (40,037)
Repayment of note payable issued in connection with the acquisition of noncontrolling interest in unconsolidated real estate fund (8,771)  
Proceeds from notes and mortgages payable 9,791 3,200
Repurchase of shares related to stock compensation agreements and related tax withholdings (318) (314)
Repayment of borrowings under revolving credit facility   (195,000)
Acquisition of noncontrolling interest in consolidated real estate fund   (1,000)
Debt issuance costs   (260)
Net cash provided by (used in) financing activities 95,384 (190,231)
Net increase (decrease) in cash and cash equivalents and restricted cash 215,420 (41,971)
Cash and cash equivalents and restricted cash at beginning of period 331,487 365,409
Cash and cash equivalents and restricted cash at end of period 546,907 323,438
Reconciliation of Cash and Cash Equivalents and Restricted Cash:    
Cash and cash equivalents at beginning of period 306,215 339,653
Restricted cash at beginning of period 25,272 25,756
Cash and cash equivalents and restricted cash at beginning of period 331,487 365,409
Cash and cash equivalents at end of period 515,942 298,066
Restricted cash at end of period 30,965 25,372
Cash and cash equivalents and restricted cash at end of period 546,907 323,438
Supplemental Disclosure of Cash Flow Information:    
Cash payments for interest 102,379 104,616
Cash payments for income taxes, net of refunds 1,440 2,049
Non-Cash Transactions:    
Common shares issued upon redemption of common units 85,710 24,006
Dividends and distributions declared but not yet paid 24,173 25,307
Additions to real estate included in accounts payable and accrued expenses 14,644 13,342
Write-off of fully amortized and/or depreciated assets $ 8,677 5,292
Change in value of interest rate swaps   28,502
Note payable issued in connection with the acquisition of noncontrolling interest in unconsolidated real estate fund   $ 8,771