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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Consolidated net income/(loss) $ 20,585 $ (106,588) $ (91,623)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Depreciation and amortization 374,274 308,289 283,552
Net gain on sale of marketable securities (3,123) (4,725)  
Net gain on sale of cost investments (3,946)    
Net gain on the sale of depreciable property (125,928) (4,083) (2,424)
Gain on consolidation of joint ventures     (1,912)
Write off of the fair market adjustment for debt paid off on consolidated joint venture     1,552
Loss/(gain) on debt extinguishment 4,602 1,204 (9,849)
Write off of bad debt 3,613 2,838 3,570
Write off of note receivable and other assets     1,354
Loss from unconsolidated entities 6,352 4,204 18,665
Amortization of deferred financing costs and other 8,696 8,957 7,953
Amortization of deferred compensation 9,815 11,411 7,605
Amortization of convertible debt discount 1,077 3,530 4,283
Changes in income tax accruals 1,424 (865) 2,854
Changes in operating assets and liabilities:      
Decrease/ (increase) in operating assets (40,623) (5,332) 3,512
(Decrease)/increase in operating liabilities (12,582) (4,660) 291
Net cash provided by operating activities 244,236 214,180 229,383
Investing Activities      
Proceeds from sale of real estate investments, net 321,803 20,738  
Proceeds from the sale of marketable securities 9,799 39,488  
Acquisition of real estate assets (net of liabilities assumed) and initial capital expenditures (989,029) (347,582) (28,528)
Cash paid in nonmonetary asset exchange (28,124) 0 0
Development of real estate assets (98,683) (92,142) (183,157)
Capital expenditures and other major improvements - real estate assets, net of escrow reimbursement (91,476) (73,977) (85,403)
Capital expenditures - non-real estate assets (13,267) (4,342) (6,269)
Payments related to the buyout of joint venture partner (450) (16,141)  
Investment in unconsolidated joint ventures (102,810) (110,921) (24,988)
Distributions received from/(paid to) unconsolidated joint venture 11,202 1,125 1,741
Proceeds from note receivable 7,800   200,000
Purchase deposits on pending real estate acquisitions (80,397)    
Disbursements related to notes receivable     (500)
Purchase of marketable securities     (30,941)
Net cash (used in)/provided by investing activities (1,053,182) (583,754) (158,045)
Financing Activities      
Payments on secured debt (336,004) (187,308) (159,612)
Proceeds from the issuance of secured debt 30,728 68,380 560,436
Proceeds from the issuance of unsecured debt 296,964 399,190 100,000
Payments on unsecured debt (264,829) (79,236) (641,759)
Net (repayment)/proceeds of revolving bank debt 389,250 (157,550) 189,300
Payment of financing costs (13,465) (8,244) (8,650)
Issuance of common and restricted stock, net 3,866 5,446 398
Proceeds from the issuance of common shares through public offering, net 879,754 467,565 67,151
Payments for the repurchase of Series G preferred stock, net (3,597) (637) (21,505)
Distributions paid to non-controlling interests (10,947) (4,314) (7,275)
Distributions paid to preferred stockholders (9,311) (9,488) (11,203)
Distributions paid to common stockholders (150,446) (120,729) (144,576)
Repurchase of common stock     (798)
Net cash provided by/(used in) financing activities 811,963 373,075 (78,093)
Net increase/(decrease) in cash and cash equivalents 3,017 3,501 (6,755)
Cash and cash equivalents, beginning of year 9,486 5,985 12,740
Cash and cash equivalents, end of year 12,503 9,486 5,985
Supplemental Information:      
Interest paid during the year, net of amounts capitalized 168,577 154,843 164,357
Non-cash transactions:      
Real estate acquired in asset exchange 268,853    
Real estate disposed in asset exchange 192,576    
Contingent purchase consideration 3,000    
OP Units issued in partial consideration for property acquisition 111,034    
Secured debt assumed in the acquisitions of properties, including asset exchange 278,657 91,442  
Secured debt transferred in asset exchange 55,356    
Fair market value adjustment of secured debt assumed in acquisitions of properties, including asset exchange 26,880 1,820  
Fair market value of land contributed by non-controlling interest 4,078    
Non-cash consideration to acquire non-real estate asset 6,864    
Conversion of operating partnership non-controlling interests to Common Stock (12,511 in 2011; 923,944 in 2010; and 2,130,452 in 2009) 287 18,429 21,117
Retirement of fully depreciated assets   8,680 4,407
Issuance of restricted stock awards 6 16 2
Payment of Special Dividend through the issuance of 11,358,042 shares of Common Stock     $ 132,787