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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flow from operating activities    
Net (loss) income $ (49,117) $ 88,819
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 217,276 211,165
Amortization of deferred financing costs and debt discount 13,510 13,723
Loss on debt extinguishment 0 43,369
Interest rate swap termination 8,488 8,488
Deferred income taxes (21,723) (2,270)
Equity in earnings of unconsolidated entities (1,696) (1,549)
Distributions of cumulative earnings from unconsolidated entities 2,959 2,933
Cash paid for interest rate swap settlement (9,591) (9,291)
Straight-line revenues and amortization of below-market lease intangibles (31,066) (22,455)
Stock-based compensation 9,664 10,963
Change in fair value of contingent consideration 0 21
Goodwill impairment 216,000 0
Gain on sale of unconsolidated entity (7,923) 0
Gain on sale of real estate (344) (442)
Gain on sale of operations (176) (28,143)
Loss (gain) on asset disposals 902 (232)
Accretion of settlement obligation 8,733 13,006
Other (126) 97
Changes in assets and liabilities:    
Accounts receivable (2,863) 23,938
Other assets 7,756 (150)
Accounts payable, accrued expenses and other liabilities (75,556) 1,363
Net cash provided by operating activities 285,107 353,353
Cash flow from investing activities    
Capital expenditures (292,666) (276,010)
Proceeds from sale of unconsolidated entity 32,527 0
Proceeds from sale of real estate, net of cash 575 1,034
Proceeds from sale of operations 541 62,113
Proceeds from sale of other equipment 338 1,143
Net cash used in investing activities (258,685) (211,720)
Cash flow from financing activities    
Repayment of debt 0 (1,660,000)
Proceeds from issuance of notes 0 1,680,000
Dividends paid (107,362) (105,941)
Payments of settlement payable 0 (73,516)
Payments of contingent consideration 0 (2,979)
Distributions paid to noncontrolling interest (217) (1,700)
Payment for exchange of noncontrolling interest (4,620) 0
Borrowings under revolving credit facility 180,000 290,000
Payments under revolving credit facility (105,000) (220,000)
Finance lease payments (887) (1,745)
Payments for financing costs 0 (25,755)
Payment of tender premium 0 (25,800)
Employee stock purchase program 589 672
Payments related to tax withholding for stock-based compensation (4,434) (2,652)
Net cash used in financing activities (41,931) (149,416)
Net increase in cash and cash equivalents (15,509) (7,783)
Cash and cash equivalents at beginning of period 58,903 77,534
Cash and cash equivalents at end of period 43,394 69,751
Non-cash investing and financing activities:    
Property and equipment acquired but not yet paid 12,751 22,586
Tenant capital improvements $ 120,239 $ 140,996