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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (115,331) $ (107,758)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 80,692 83,571
Amortization 6,648 6,581
Straight-line rent adjustments 473 72
Deferred compensation 1,003 3,516
Gain on sale of preferred equity interest (3,688)  
Gain on debt extinguishment, net   (4,587)
Paid-in-kind interest 41,977 35,690
Gain on hedge ineffectiveness   (2,329)
(Gain) loss on sales of interests in real estate, net (9,210) 1,191
Gain on sale of equity method investment (8,976)  
Gain on sales of real estate by equity method investee   (1,337)
Gain on sales of interests in non-operating real estate (10,527)  
Equity in loss of partnerships 3,939 2,429
Cash distributions from partnerships 5,245 198
Impairment of real estate assets 42,271 1,564
Change in assets and liabilities:    
Net change in other assets 6,841 15,618
Net change in other liabilities (2,946) 3,780
Net cash provided by operating activities 38,411 38,199
Cash flows from investing activities:    
Cash proceeds from sales of real estate 39,515 4,076
Investments in real estate improvements (11,538) (12,563)
Additions to construction in progress (2,897) (5,451)
Investments in partnerships (633) (1,131)
Capitalized leasing costs (172) (61)
Proceeds from sale of preferred equity interest 2,438  
Additions to leasehold improvements and corporate fixed assets (89) (70)
Net cash provided by (used in) investing activities 26,624 (15,200)
Cash flows from financing activities:    
Net repayments to the First Lien Revolving Facility (28,471)  
Net repayments to term loans (34,269) (4,027)
Repayments of finance lease liabilities   (514)
Principal installments on mortgage loans (24,761) (19,679)
Payment of deferred financing costs (395) (1,030)
Repayments of mortgage loans   (135,155)
Proceeds from mortgage loans   127,685
Value of shares retired under equity incentive plans, net of shares issued (767) (648)
Net cash used in financing activities (88,663) (33,368)
Net change in cash, cash equivalents, and restricted cash (23,628) (10,369)
Cash, cash equivalents, and restricted cash, beginning of period 58,077 51,231
Cash, cash equivalents, and restricted cash, end of period $ 34,449 $ 40,862