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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flow from operating activities    
Net (loss) income $ (20,000) $ 8,036
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 101,361 86,340
Amortization of deferred financing costs 2,487 1,818
Amortization of debt discount 2,778 1,946
Deferred income taxes (1,002) (216)
Straight-line revenues (3,629) (4,322)
Stock-based compensation 1,632 930
Other 124 (9)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 1,014 1,307
Other assets (1,626) (252)
Change in fair value of contingent consideration 10,910  
Accounts payable, accrued expenses and other liabilities 34,153 26,123
Net cash provided by operating activities 128,202 121,701
Cash flow from investing activities    
Acquisition of businesses, net of cash acquired 248 111
Acquisition of ground lease investments (7,191) (1,347)
NMS asset acquisition (Note 3) (64,622)  
Capital expenditures (14,931) (77)
Net cash used in investing activities (86,496) (1,313)
Cash flow from financing activities    
Principal payment on debt (5,270) (6,044)
Dividends paid (94,133) (90,314)
Payments of contingent consideration (18,791)  
Borrowings under revolving credit facility 25,000  
Payments under revolving credit facility (25,000)  
Capital lease payments (672)  
Deferred financing costs (24,418)  
Common stock issuance, net of costs (54)  
Net share settlement (1,690) (1,266)
Net cash used in financing activities (145,028) (97,624)
Effect of exchange rates on cash and cash equivalents 294 78
Net (decrease) increase in cash and cash equivalents (103,028) 22,842
Cash and cash equivalents at beginning of period 171,754 142,498
Cash and cash equivalents at end of period 68,726 165,340
Non-cash investing and financing activities:    
Property and equipment acquired but not yet paid 4,013  
Tenant capital improvements $ 33,824 32,359
Acquisition of businesses through non-cash consideration   $ 974