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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flow from operating activities      
Net income $ 120,698 $ 52,606 $ 58,436
Adjustment to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 112,983 100,337 84,623
Impairment on real estate properties 272 26,344 155
Provisions for uncollectible mortgages, notes and accounts receivable   6,439  
Amortization of deferred financing and refinancing costs 10,569 5,745 23,262
Restricted stock amortization expense 5,942 6,037 2,211
(Gain) loss on assets sold - net (11,799) (1,670) 4
Amortization of acquired in-place leases - net (5,312) (6,088) (3,968)
Other (663) (150) (93)
Gain on sale of securities     (789)
Change in operating assets and liabilities - net of amounts assumed/acquired:      
Accounts receivable, net (246) (1,463) (45)
Straight-line rent (25,404) (12,560) (11,210)
Lease inducement 3,369 3,380 (6)
Effective yield receivable on mortgage notes (2,235) (1,341)  
Other operating assets and liabilities 97 (7,601) 2,762
Operating assets and liabilities for owned and operated properties   (244) 2,221
Net cash provided by operating activities 208,271 169,771 157,563
Cash flow from investing activities      
Acquisition of real estate - net of liabilities assumed and escrows acquired (396,623) (86,704) (343,180)
Placement of mortgage loans (11,969) (130,042) (20,657)
Proceeds from sale of real estate investments 29,023 5,150 81
Capital improvements and funding of other investments (29,436) (19,597) (36,025)
Proceeds from other investments 15,355 6,983 21,324
Investments in other investments (9,737) (33,504) (16,436)
Collection of mortgage principal - net 12,684 74 78
Net cash used in investing activities (390,703) (257,640) (394,815)
Cash flow from financing activities      
Proceeds from credit line borrowings 712,000 569,000 385,000
Payments of credit line borrowings (726,500) (296,500) (479,100)
Receipts of other long-term borrowings 400,000   779,770
Payments of other long-term borrowings (190,686) (2,593) (470,478)
Payments of financing related costs (17,124) (4,305) (31,579)
Receipts from Dividend Reinvestment Plan - net 111,914 59,118 60,511
Payments for exercised options and restricted stock - net (1,240) (1,254) (2,019)
Net proceeds from issuance of common stock 77,618 31,210 138,781
Dividends paid (182,190) (161,893) (138,883)
Repurchase of common stock   (2,928)  
Redemption of preferred stock   (108,556)  
Net cash provided by financing activities 183,792 81,299 242,003
Increase (decrease) in cash and cash equivalents 1,360 (6,570) 4,751
Cash and cash equivalents at beginning of year 351 6,921 2,170
Cash and cash equivalents at end of year 1,711 351 6,921
Interest paid during the year, net of amounts capitalized 94,841 79,199 60,290
Non-cash investing activities:      
Assumed debt obligations 80,946 101,259 202,015
Assumed other assets/liabilities 13,640    
Non-cash settlement of mortgage obligations     (12,395)
Non-cash acquisition of real estate properties     12,395
Stock consideration issued for acquisition     19,693
Total non-cash real estate acquisition related items $ 94,586 $ 101,259 $ 221,708