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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Net income $ 218,424 $ 172,289 $ 167,608
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization, including discontinued operations 174,796 170,814 161,099
Gain on sale of real estate (28,330) (4,401) (28,855)
Early extinguishment of debt 19,072 10,545 13,304
Income from real estate partnerships 1,416 1,243 1,498
Other, net 177 733 2,704
Changes in assets and liabilities, net of effects of acquisitions and dispositions:      
Increase in accounts receivable, net (9,200) (3,063) (6,321)
(Increase) decrease in prepaid expenses and other assets (7,422) (4,222) 69
(Decrease) increase in accounts payable and accrued expenses (9,995) 4,253 5,325
Increase in security deposits and other liabilities 3,729 425 1,063
Net cash provided by operating activities 359,835 346,130 314,498
INVESTING ACTIVITIES      
Acquisition of real estate (154,313) (9,154) (87,276)
Capital expenditures - development and redevelopment (236,437) (314,654) (243,073)
Capital expenditures - other (46,096) (46,304) (47,069)
Proceeds from sale of real estate 97,422 10,406 42,866
Investment in real estate partnerships (2,802) (6,731) 0
Distribution from real estate partnership in excess of earnings 512 565 790
Leasing costs (22,382) (35,286) (12,393)
Repayment of mortgage and other notes receivable, net 10,333 5,008 957
Net cash used in investing activities (353,763) (396,150) (345,198)
FINANCING ACTIVITIES      
Net borrowings (repayments) under revolving credit facility, net of costs 53,500 0 (1,929)
Issuance of senior notes, net of costs 456,151 244,579 564,389
Redemption and retirement of senior notes (219,228) (134,240) (293,360)
Issuance of mortgages, capital leases and notes payable, net of costs 0 0 860
Repayment of mortgages, capital leases and notes payable (181,315) (94,422) (173,735)
Issuance of common shares 110,855 216,155 186,548
Dividends paid to common and preferred shareholders (243,314) (215,216) (193,016)
Distributions to and redemptions of noncontrolling interests (9,626) (7,812) (7,118)
Net cash (used in) provided by financing activities (32,977) 9,044 82,639
(Decrease) Increase in cash and cash equivalents (26,905) (40,976) 51,939
Cash and cash equivalents at beginning of year 47,951 88,927 36,988
Cash and cash equivalents at end of year $ 21,046 $ 47,951 $ 88,927