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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:      
Net Income $ 345,343 $ 350,715 $ 276,831
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 161,838 167,101 162,535
Amortization of debt deferred costs and intangibles, net 3,146 2,790 2,562
Impairment loss 10,120 15,257 98
Equity in earnings of real estate joint ventures and partnerships, net (25,070) (27,074) (20,642)
Gain on sale and acquisition of real estate joint venture and partnership interests 0 0 (48,322)
Gain on sale of property (207,865) (218,611) (100,714)
Distributions of income from real estate joint ventures and partnerships 19,605 1,321 1,149
Changes in accrued rent, accrued contract receivables and accounts receivable, net (2,807) (18,964) (14,488)
Changes in unamortized lease costs and other assets, net (8,632) (13,299) (16,900)
Changes in accounts payable, accrued expenses and other liabilities, net (2,315) 4,970 8,963
Other, net (7,403) 5,552 1,339
Net cash provided by operating activities 285,960 269,758 252,411
Cash Flows from Investing Activities:      
Acquisition of real estate and land (1,265) (1,902) (500,421)
Development and capital improvements (155,528) (133,336) (101,179)
Proceeds from sale of property and real estate equity investments, net 607,486 433,661 234,952
Real estate joint ventures and partnerships - Investments (38,096) (37,173) (52,834)
Real estate joint ventures and partnerships - Distributions of capital 6,936 28,791 51,714
Purchase of investments 0 (5,730) (4,740)
Proceeds from investments 1,500 8,502 1,250
Other, net 11,921 6,179 5,086
Net cash provided by (used in) investing activities 432,954 298,992 (366,172)
Cash Flows from Financing Activities:      
Proceeds from issuance of debt 638 0 249,999
Principal payments of debt (257,028) (28,723) (144,788)
Changes in unsecured credit facilities 5,000 (245,000) 95,500
Repurchase of common shares of beneficial interest, net (18,564) 0 0
Proceeds from issuance of common shares of beneficial interest, net 6,760 1,588 137,460
Common share dividends paid (382,464) (294,073) (185,100)
Debt issuance and extinguishment costs paid (1,271) (488) (5,396)
Distributions to noncontrolling interests (19,155) (19,342) (9,563)
Contributions from noncontrolling interests 1,465 0 0
Other, net 508 (2,657) (8,314)
Net cash (used in) provided by financing activities (664,111) (588,695) 129,798
Net increase (decrease) in cash, cash equivalents and restricted cash equivalents 54,803 (19,945) 16,037
Cash, cash equivalents and restricted cash equivalents at January 1 21,334 41,279 25,242
Cash, cash equivalents and restricted cash equivalents at December 31 76,137 21,334 41,279
Interest paid during the period (net of amount capitalized of $7,938, $4,868 and $2,656, respectively) 65,507 79,161 79,515
Income taxes paid during the period $ 1,545 $ 1,009 $ 958