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Consolidated and Combined Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES:      
Net income (loss) $ 46,613,000 $ (79,084,000) $ 61,974,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Share-based compensation expense 52,675,000 33,693,000 4,502,000
Depreciation and amortization, including amortization of debt issuance costs 215,659,000 164,580,000 135,072,000
Deferred rent (14,056,000) (10,388,000) (15,551,000)
(Income) loss from unconsolidated real estate ventures, net (39,409,000) 4,143,000 947,000
Amortization of above- and below-market lease intangibles, net (220,000) (862,000) (1,353,000)
Amortization of lease incentives 3,406,000 4,023,000 3,592,000
Return on capital from unconsolidated real estate ventures 7,827,000 2,563,000 1,520,000
Reduction of gain (gain) on bargain purchase 7,606,000 (24,376,000) 0
Non-Cash Gain (Loss) on Extinguishment of Debt (4,536,000)    
Loss on extinguishment of debt 5,153,000 701,000 0
Gain on sale of real estate (52,183,000) 0 0
Unrealized gain on interest rate swaps and caps (926,000) (1,348,000) 0
Bad debt expense 3,298,000 3,807,000 750,600
Other non-cash items 1,388,000 3,955,000 6,236,000
Deferred Income Taxes and Tax Credits (718,000) (10,408,000) 0
Changes in operating assets and liabilities:      
Tenant and other receivables (5,582,000) (2,098,000) (3,693,000)
Other assets, net (16,600,000) (23,481,000) (16,614,000)
Accounts payable and accrued expenses (5,984,000) 16,160,000 7,667,000
Other liabilities, net (19,137,000) (7,397,000) (25,509,000)
Net cash provided by operating activities 188,193,000 74,183,000 159,541,000
INVESTING ACTIVITIES:      
Development costs, construction in progress and real estate additions (385,943,000) (210,593,000) (237,814,000)
Payments to Acquire Real Estate (23,246,000) 0 0
Cash and restricted cash received in connection with the Combination, net   97,416,000  
Proceeds from Sale of Real Estate 413,077,000 0 0
Acquisition of interests in unconsolidated real estate ventures, net of cash acquired (386,000) (8,834,000) 0
Distributions of capital from unconsolidated real estate ventures 14,408,000 6,929,000 0
Distribution of capital from sale of interest in an unconsolidated real estate venture 80,279,000 0 0
Investments in and advances to unconsolidated real estate ventures (31,197,000) (16,321,000) (23,027,000)
Proceeds from Collection of Notes Receivable 0 50,934,000 0
Other investments (665,000) (2,207,000) (1,966,000)
Proceeds from repayment of receivable from former parent 0 75,000,000 4,000,000
Net cash provided by investing activities 66,327,000 (7,676,000) (258,807,000)
FINANCING ACTIVITIES:      
Contributions from former parent, net 0 160,203,000  
Payments of Distributions to Affiliates     (3,763,000)
Acquisition of interest in consolidated real estate venture (5,550,000) 0 0
Repayment of borrowings from former parent 0 (115,630,000) 0
Proceeds from borrowings from former parent 0 4,000,000 79,500,000
Capital lease payments (114,000) (17,827,000) 0
Borrowings under mortgages payable 118,141,000 366,239,000 0
Borrowings under revolving credit facility 35,000,000 115,751,000 0
Borrowings under unsecured term loans 250,000,000 50,000,000 0
Repayments of mortgages payable (312,894,000) (272,905,000) (24,364,000)
Repayments of revolving credit facility (150,751,000) 0 0
Debt issuance costs (3,114,000) (19,287,000) (70,000)
Proceeds from common stock issued pursuant to Employee Share Purchase Plan 597,000 0 0
Dividends paid to common shareholders (107,372,000) (26,540,000) 0
Distributions to redeemable noncontrolling interests (17,398,000) (4,556,000) 0
Contributions from noncontrolling interests 250,000 357,000 0
Distributions to noncontrolling interests (340,000) (18,000) (220,000)
Net cash (used in) provided by financing activities (193,545,000) 239,787,000 51,083,000
Net increase in cash and cash equivalents and restricted cash 60,975,000 306,294,000 (48,183,000)
Cash and cash equivalents and restricted cash as of the beginning of the period 338,557,000 32,263,000 80,446,000
Cash and cash equivalents and restricted cash as of the end of the period 399,532,000 338,557,000 32,263,000
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AS OF END OF THE PERIOD:      
Cash and cash equivalents and restricted cash 338,557,000 32,263,000 80,446,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW AND NON-CASH INFORMATION:      
Transfer Mortgage Payable 0 115,630,000 115,022,000
Cash paid for interest (net of capitalized interest of $14,863 and $2,285 in 2018 and 2017) 64,605,000 52,388,000 45,373,000
Accrued capital expenditures included in accounts payable and accrued expenses 53,073,000 12,445,000 8,851,000
Write-off of fully depreciated assets 52,272,000 55,998,000 100,076,000
Cash receipts from (payments for) income taxes (1,965,000) (3,396,000) (1,165,000)
Noncash Contribution From Redeemable Noncontrolling Interests 0 5,420,000 0
Temporary Equity, Redemptions of OP Units (109,208,000) 0 0
Issuance of common limited partnership units at the Separation 0 96,632,000 0
Issuance of common shares at the Separation 0 2,330,579,000 0
Issuance of common shares in connection with the Combination 0 864,918,000 0
Issuance of common limited partnership units in connection with the Combination 0 359,967,000 0
Contribution from former parent in connection with the Separation $ 0 $ 172,817,000 $ 0