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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES    
Net income $ 61,803 $ 62,931
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 59,622 58,110
Gain on sale of real estate, net 0 (3,316)
Loss from partnerships 1,434 525
Other, net 2,230 1,737
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
(Increase) decrease in accounts receivable, net (1,245) 2,322
Decrease in prepaid expenses and other assets 1,168 4,088
Decrease in accounts payable and accrued expenses (6,815) (5,380)
(Decrease) increase in security deposits and other liabilities (13,278) 3,163
Net cash provided by operating activities 104,919 124,180
INVESTING ACTIVITIES    
Acquisition of real estate (25,176) 0
Capital expenditures - development and redevelopment (63,380) (69,119)
Capital expenditures - other (14,061) (20,194)
Proceeds from sale of real estate 6,106 51,459
Investment in partnerships (300) (180)
Distribution from partnerships in excess of earnings 983 93
Leasing costs (8,259) (8,057)
Repayment (issuance) of mortgage and other notes receivable, net 50 (180)
Net cash used in investing activities (104,037) (46,178)
FINANCING ACTIVITIES    
Net borrowings under revolving credit facility, net of costs 20,000 62,000
Repayment of mortgages and finance leases (21,718) (11,978)
Issuance of common shares, net of costs 59,427 1,336
Dividends paid to common and preferred shareholders (77,296) (74,925)
Shares withheld for employee taxes (4,414) (753)
Contributions from noncontrolling interests 106 69
Distributions to and redemptions of noncontrolling interests (3,107) (5,251)
Net cash used in financing activities (27,002) (29,502)
(Decrease) increase in cash, cash equivalents and restricted cash (26,120) 48,500
Cash, cash equivalents, and restricted cash at beginning of year 108,332 25,200
Cash, cash equivalents, and restricted cash at end of period $ 82,212 $ 73,700