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COMBINED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net (loss) income $ (348,637) $ 132,355
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 68,860 93,991
Amortization of market lease intangibles 12 15
Amortization of right of use assets 135 84
Amortization of deferred financing costs 6,056  
Stock based compensation expense 3,873  
Straight-line rents 343 103
Settlement of Tranche A deferred rent obligation   91,605
Gain on sales of real estate (3,283) (6,460)
Impairments 382,049  
Deferred income tax expense   12,428
Changes in:    
Other assets (756) (75)
Tenant security deposits and deferred revenue (303) 887
Accrued interest (2,286)  
Accounts payable and accrued liabilities 1,759 (583)
Income taxes payable (16,544)  
Net cash provided by operating activities 91,278 324,350
Cash flows from investing activities:    
Acquisitions of real estate   (106,588)
Leasing costs and tenant and capital improvements (174)  
Net proceeds from sales of real estate 20,287 62,258
(Increase) decrease in restricted cash (7) 14,526
Net cash provided by (used in) investing activities 20,106 (29,804)
Cash flows from financing activities:    
Proceeds from issuance of debt 50,000  
Repayments of debt (5,000)  
Payment of deferred financing costs (34)  
Distributions paid (176)  
Net distributions to parent   (297,956)
Net cash provided by (used in) financing activities 44,790 (297,956)
Net increase (decrease) in cash and cash equivalents 156,174 (3,410)
Cash and cash equivalents, beginning of period 126,185 6,058
Cash and cash equivalents, end of period 282,359 2,648
Supplemental cash flow information:    
Income taxes paid 16,910 $ 340
Interest paid 65,895  
Supplemental disclosure of non-cash investing activities:    
Accrued distributions $ 40