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COMBINED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net (loss) income $ (382,715) $ 185,875
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 100,300 129,870
Amortization of market lease intangibles 16 23
Amortization of right of use assets 217 127
Amortization of deferred financing costs 8,379  
Stock-based compensation expense 5,838  
Straight-line rents 583 225
Settlement of Tranche A deferred rent obligation   91,605
Gain on sales of real estate (3,283) (6,460)
Impairments 391,959 21,145
Deferred income tax expense   17,398
Changes in:    
Other assets 557 382
Tenant security deposits and deferred revenue (399) 955
Accrued interest 12,865  
Accounts payable and accrued liabilities 5,207 (468)
Income taxes payable (16,544)  
Net cash provided by operating activities 122,980 440,677
Cash flows from investing activities:    
Acquisitions of real estate   (106,588)
Leasing costs and tenant and capital improvements (206) (1,162)
Net proceeds from the sales of real estate 20,787 62,258
(Increase) decrease in restricted cash (7) 14,526
Net cash provided by (used in) investing activities 20,574 (30,966)
Cash flows from financing activities:    
Proceeds from issuance of debt 50,000  
Repayments of debt (7,500)  
Payment of deferred financing costs (34)  
Borrowing from parent   1,162
Distributions paid (236)  
Net distributions to parent   (413,404)
Net cash provided by (used in) financing activities 42,230 (412,242)
Net increase (decrease) in cash and cash equivalents 185,784 (2,531)
Cash and cash equivalents, beginning of period 126,185 6,058
Cash and cash equivalents, end of period 311,969 3,527
Supplemental cash flow information:    
Income taxes paid 17,269 $ 551
Interest paid 83,555  
Supplemental disclosure of non-cash financing activities:    
Accrued distributions $ 60