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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 67,581us-gaap_ProfitLoss $ 57,993us-gaap_ProfitLoss
Adjustments to net income:    
Depreciation and amortization 98,037us-gaap_DepreciationDepletionAndAmortization 89,970us-gaap_DepreciationDepletionAndAmortization
Income from discontinued operations   (3,077)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Amortization of share-based compensation 2,552us-gaap_ShareBasedCompensation 2,697us-gaap_ShareBasedCompensation
Non-cash rental adjustments (2,449)us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities (1,942)us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Amortization of net premiums on mortgages payable (1,962)us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments (2,385)us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
Amortization of deferred financing costs 2,228us-gaap_AmortizationOfFinancingCosts 2,585us-gaap_AmortizationOfFinancingCosts
Gain on sale of real estate (7,218)o_GainOnSaleOfPropertiesContinuingOperations (1,271)o_GainOnSaleOfPropertiesContinuingOperations
Provisions for impairment on real estate 2,087us-gaap_ImpairmentOfRealEstate 1,683us-gaap_ImpairmentOfRealEstate
Cash provided by discontinued operations   1,290us-gaap_NetCashProvidedByUsedInDiscontinuedOperations
Change in assets and liabilities    
Accounts receivable and other assets 892us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets 9,600us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
Accounts payable, accrued expenses and other liabilities (43,896)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (42,947)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided by operating activities 117,852us-gaap_NetCashProvidedByUsedInOperatingActivities 114,196us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in real estate (202,781)us-gaap_PaymentsToAcquireAndDevelopRealEstate (603,980)us-gaap_PaymentsToAcquireAndDevelopRealEstate
Improvements to real estate, including leasing costs (1,345)us-gaap_PaymentsForCapitalImprovements (1,369)us-gaap_PaymentsForCapitalImprovements
Proceeds from sales of real estate:    
Continuing operations 22,274us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 5,772us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Discontinued operations   6,918us-gaap_ProceedsFromSaleOfOtherRealEstate
Restricted escrow deposits for Section 1031 tax-deferred exchanges and pending acquisitions 18,083us-gaap_IncreaseDecreaseInRestrictedCash (460)us-gaap_IncreaseDecreaseInRestrictedCash
Net cash used in investing activities (163,769)us-gaap_NetCashProvidedByUsedInInvestingActivities (593,119)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash distributions to common stockholders (126,682)us-gaap_PaymentsOfDividendsCommonStock (113,414)us-gaap_PaymentsOfDividendsCommonStock
Cash dividends to preferred stockholders (6,770)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (10,482)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Borrowings on line of credit 282,000us-gaap_ProceedsFromLongTermLinesOfCredit 732,800us-gaap_ProceedsFromLongTermLinesOfCredit
Payments on line of credit (135,000)us-gaap_RepaymentsOfLongTermLinesOfCredit (120,700)us-gaap_RepaymentsOfLongTermLinesOfCredit
Principal payments on mortgages payable (51,296)us-gaap_RepaymentsOfFirstMortgageBond (1,797)us-gaap_RepaymentsOfFirstMortgageBond
Redemption of preferred units (6,750)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock  
Distributions to noncontrolling interests (428)us-gaap_DistributionMadeToLimitedPartnerCashDistributionsPaid (466)us-gaap_DistributionMadeToLimitedPartnerCashDistributionsPaid
Proceeds from dividend reinvestment and stock purchase plan, net 102,162o_ProceedsFromDividendReinvestmentAndStockPurchasePlanNet 2,126o_ProceedsFromDividendReinvestmentAndStockPurchasePlanNet
Other items, including shares withheld upon vesting (2,981)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (5,259)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by financing activities 54,255us-gaap_NetCashProvidedByUsedInFinancingActivities 482,808us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 8,338us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 3,885us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 3,852us-gaap_CashEquivalentsAtCarryingValue 10,257us-gaap_CashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period $ 12,190us-gaap_CashEquivalentsAtCarryingValue $ 14,142us-gaap_CashEquivalentsAtCarryingValue