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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES:    
Net loss $ (77) $ (24,069)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation expense 12,904 13,236
Depreciation and amortization, including amortization of deferred financing costs 59,162 65,747
Deferred rent (3,706) (6,594)
(Income) loss from unconsolidated real estate ventures, net (3,145) 943
Amortization of market lease intangibles, net (353) (458)
Amortization of lease incentives 2,374 2,345
Loss on the sale of real estate 136  
Loss on operating lease and other receivables 587 501
Income from investments, net (14,071)  
Return on capital from unconsolidated real estate ventures 2,879 5,952
Other non-cash items (3,105) (633)
Changes in operating assets and liabilities:    
Tenant and other receivables (1,793) 9,836
Other assets, net (1,367) 2,115
Accounts payable and accrued expenses (4,575) (842)
Other liabilities, net 23,748 (1,577)
Net cash provided by operating activities 69,598 66,502
INVESTING ACTIVITIES:    
Development costs, construction in progress and real estate additions (52,686) (28,499)
Proceeds from the sale of real estate 3,149  
Proceeds from the sale of investments 17,796  
Distributions of capital from unconsolidated real estate ventures 6,020  
Investments in unconsolidated real estate ventures and other investments (7,230) (1,016)
Net cash used in investing activities (32,951) (29,515)
FINANCING ACTIVITIES:    
Repayments of mortgages payable (1,178) (2,234)
Debt issuance costs (531) (4,587)
Common shares repurchased (91,148) (19,203)
Dividends paid to common shareholders (28,665) (29,650)
Distributions to redeemable noncontrolling interests (4,005) (5,785)
Contributions from noncontrolling interests 5,998 9,683
Net cash used in financing activities (119,529) (51,776)
Net decrease in cash and cash equivalents and restricted cash (82,882) (14,789)
Cash and cash equivalents and restricted cash, beginning of period 302,095 263,336
Cash and cash equivalents and restricted cash, end of period 219,213 248,547
SUPPLEMENTAL DISCLOSURE OF CASH FLOW AND NON-CASH INFORMATION:    
Cash paid for interest (net of capitalized interest of $1,771 and $1,710 in 2022 and 2021) 18,219 14,929
Accrued capital expenditures included in accounts payable and accrued expenses 60,044 38,668
Write-off of fully depreciated assets 8,341 39,920
Conversion of OP Units to common shares 6,014 3,919
Cash paid for amounts included in the measurement of lease liabilities for operating leases $ 546 $ 610