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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flow from operating activities:    
Net income $ 347,000 $ 440,348
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 167,609 154,724
Asset Impairment Charges 58,053 21,931
Equity award expense 11,552 12,154
Gain on sale of operating properties (72,101) (58,731)
Gain on sale of marketable securities (32,435)
Gain on change in control of interests, net (46,512) (139,801)
Equity in income of joint ventures, net (178,618) (119,914)
Equity in income from other real estate investments, net (18,758) (19,917)
Distributions from joint ventures and other real estate investments 54,029 66,076
Change in accounts and notes receivable 2,551 (5,383)
Change in accounts payable and accrued expenses (4,697) (381)
Change in Canadian withholding tax receivable (66,911) (6,743)
Change in other operating assets and liabilities (37,350) (25,933)
Net cash flow provided by operating activities 215,847 285,995
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets (95,801) (586,321)
Improvements to operating real estate (70,333) (72,642)
Acquisition of real estate under development (50,778)
Improvements to real estate under development (18,448) (4,362)
Investment in marketable securities (1,325) (257)
Proceeds from sale/repayments of marketable securities 1,850 59,318
Investments and advances to real estate joint ventures (26,160) (57,148)
Reimbursements of investments and advances to real estate joint ventures 56,431 41,380
Distributions from liquidation of real estate joint ventures 136,005 53,450
Return of investment from liquidation of real estate joint ventures 149,296 20,889
Investment in other real estate investments (233) (458)
Reimbursements of investments and advances to other real estate investments 10,475 22,887
Collection of mortgage loans receivable 461 50,729
Investment in other investments (190,278)
Reimbursements of other investments 500
Proceeds from sale of operating properties 214,858 183,332
Proceeds from sale of development properties 4,551
Net cash flow provided by/(used for) investing activities 311,349 (479,481)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (233,303) (308,728)
Principal payments on rental property debt (10,380) (14,628)
Proceeds under the unsecured revolving credit facility, net 100,019 125,000
Proceeds from issuance of unsecured term loan/notes 150,000 1,000,000
Repayments under unsecured term loan/notes (300,000) (500,000)
Financing origination costs (4,697) (10,218)
Change in tenants' security deposits 963 1,315
Contributions from noncontrolling interests 106,154
Redemption of noncontrolling interests (2,572) (33,348)
Dividends paid (235,458) (227,023)
Proceeds from issuance of stock, net 156,513 13,472
Net cash flow (used for)/provided by financing activities (378,915) 151,996
Change in cash and cash equivalents 148,281 (41,490)
Cash and cash equivalents, beginning of period 189,534 187,322
Cash and cash equivalents, end of period 337,815 145,832
Interest paid during the period (net of capitalized interest of $3,762, and $2,424, respectively) 111,761 112,582
Income taxes paid during the period (net of refunds received of $18,723 and $0, respectively) $ 94,639 $ 10,829