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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ (3,612,000) $ (6,581,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 175,752,000 176,722,000
Loss from unconsolidated joint ventures 20,810,000 14,444,000
Amortization of stock-based compensation expense 14,421,000 14,141,000
Straight-lining of rental revenue (7,925,000) (24,170,000)
Amortization of deferred financing costs 7,306,000 6,957,000
Distributions of earnings from unconsolidated joint ventures 3,950,000 1,688,000
Amortization of above and below-market leases, net (2,335,000) (4,653,000)
Realized and unrealized gains on marketable securities (1,271,000) (129,000)
Income from unconsolidated real estate funds (604,000) (85,000)
Distributions of earnings from unconsolidated real estate funds 535,000 480,000
Other non-cash adjustments 2,330,000 231,000
Changes in operating assets and liabilities:    
Accounts and other receivables 6,118,000 3,942,000
Deferred charges (12,664,000) (10,116,000)
Other assets (30,014,000) (36,068,000)
Accounts payable and accrued expenses 12,830,000 2,827,000
Other liabilities 2,433,000 (61,000)
Net cash provided by operating activities 188,060,000 139,569,000
Cash Flows from Investing Activities:    
Additions to real estate (74,134,000) (60,348,000)
Purchases of marketable securities (21,562,000) (12,207,000)
Sales of marketable securities 18,305,000 19,049,000
Contributions of capital to unconsolidated joint ventures (11,750,000)  
Distributions of capital from unconsolidated real estate funds 3,959,000  
Contributions of capital to unconsolidated real estate funds (3,198,000) (2,945,000)
Repayment of amounts due from affiliates   36,918,000
Net cash used in investing activities (88,380,000) (19,533,000)
Cash Flows from Financing Activities:    
Proceeds from notes and mortgages payable 888,566,000 9,791,000
Repayment of notes and mortgages payable (850,000,000)  
Dividends paid to common stockholders (45,970,000) (67,165,000)
Distributions to noncontrolling interests (19,616,000) (9,530,000)
Debt issuance costs (10,593,000)  
Distributions paid to common unitholders (4,612,000) (6,724,000)
Repurchase of shares related to stock compensation agreements and related tax withholdings (214,000) (318,000)
Purchase of interest rate caps (140,000)  
Contributions from noncontrolling interests 121,000 11,555,000
Borrowings under revolving credit facility   163,082,000
Proceeds from the sale of a 10.0% interest in 1633 Broadway   111,984,000
Repurchases of common shares   (108,520,000)
Repayment of note payable issued in connection with the acquisition of noncontrolling interest in consolidated real estate fund   (8,771,000)
Net cash (used in) provided by financing activities (42,458,000) 95,384,000
Net increase in cash and cash equivalents and restricted cash 57,222,000 215,420,000
Cash and cash equivalents and restricted cash at beginning of period 465,324,000 331,487,000
Cash and cash equivalents and restricted cash at end of period 522,546,000 546,907,000
Reconciliation of Cash and Cash Equivalents and Restricted Cash:    
Cash and cash equivalents at beginning of period 434,530,000 306,215,000
Restricted cash at beginning of period 30,794,000 25,272,000
Cash and cash equivalents and restricted cash at beginning of period 465,324,000 331,487,000
Cash and cash equivalents at end of period 494,569,000 515,942,000
Restricted cash at end of period 27,977,000 30,965,000
Cash and cash equivalents and restricted cash at end of period 522,546,000 546,907,000
Supplemental Disclosure of Cash Flow Information:    
Cash payments for interest 98,917,000 102,379,000
Cash payments for income taxes, net of refunds 970,000 1,440,000
Non-Cash Transactions:    
Dividends and distributions declared but not yet paid 16,897,000 24,173,000
Additions to real estate included in accounts payable and accrued expenses 17,842,000 14,644,000
Write-off of fully amortized and/or depreciated assets 43,232,000 8,677,000
Common shares issued upon redemption of common units 165,000 $ 85,710,000
Change in value of interest rate swaps and interest rate caps $ 995,000