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Condensed Combined Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Net (loss) income $ (60,332) $ 49,344
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Share-based compensation expense 17,164 3,486
Depreciation and amortization, including amortization of debt issuance costs 111,684 99,612
Deferred rent (9,249) (10,772)
Loss from unconsolidated real estate ventures 1,365 952
Amortization of above- and below-market lease intangibles, net (872) (1,012)
Return on capital from unconsolidated real estate ventures 1,149 1,020
Gain on bargain purchase (27,771) 0
Loss on extinguishment of debt 689 0
Unrealized gain on interest rate swaps (467) 0
Bad debt expense 1,808 618
Other non-cash items 6,466 3,592
Changes in operating assets and liabilities:    
Tenant and other receivables (3,617) (2,177)
Other assets, net (32,884) (19,762)
Accounts payable and accrued expenses 19,077 (4,091)
Other liabilities, net (817) (19,427)
Net cash provided by operating activities 23,393 101,383
INVESTING ACTIVITIES:    
Development costs, construction in progress and real estate additions (115,922) (185,439)
Cash received in connection with the Combination 83,942 0
Restricted cash (798) 3,234
Investments in and advances to unconsolidated real estate ventures (1,441) (19,965)
Repayment of notes receivable 50,934 0
Other investments (3,531) (1,935)
Proceeds from repayment of receivable from former parent 75,000 0
Net cash provided by (used in) investing activities 88,184 (204,105)
FINANCING ACTIVITIES:    
Contributions from former parent, net 160,203 32,955
Repayment of borrowings from former parent (115,630) 0
Capital lease payments (17,776) 0
Proceeds from borrowings from former parent 4,000 39,000
Proceeds from borrowings 407,769 0
Repayments of borrowings (192,681) (8,871)
Debt issuance costs (18,686) (37)
Contributions from noncontrolling interests 134 0
Distributions to noncontrolling interests (14) (7)
Net cash provided by financing activities 227,319 63,040
Net increase (decrease) in cash and cash equivalents 338,896 (39,682)
Cash and cash equivalents at beginning of the period 29,000 74,966
Cash and cash equivalents at end of the period 367,896 35,284
SUPPLEMENTAL DISCLOSURE OF CASH FLOW AND NON-CASH INFORMATION:    
Transfer of mortgage payable to former parent [1] 0 115,022
Cash paid for interest (net of capitalized interest of $2,285 and $3,690 in 2017 and 2016, respectively) [1] 45,354 37,540
Accrued capital expenditures included in accounts payable and accrued expenses [1] 17,633 15,206
Write-off of fully depreciated assets [1] (24,909) (87,220)
Cash payments for income taxes [1] 3,681 1,087
Non-cash transactions related to the Formation Transaction:    
Issuance of common limited partnership units at the Separation [1] 96,632 0
Issuance of common shares at the Separation [1] 2,332,402 0
Issuance of common shares in connection with the Combination [1] 864,918 0
Issuance of common limited partnership units in connection with the Combination [1] 359,967 0
Adjustment to record redeemable noncontrolling interest at redemption value [1] 97,084 0
Contribution from former parent in connection with the Separation [1] $ 174,639 $ 0
[1] See Note 3 for information about assets, liabilities and noncontrolling interests acquired in the Formation Transaction.