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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows From Operating Activities:    
Net income (loss) $ (5,311) $ 46,615
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 113,534 89,215
Gains on partial dispositions of ownership interests in UJVs, net of tax (Note 2) (11,277)  
Gains on remeasurements of ownership interests in UJVs (Note 2) (14,146)  
Fluctuation in fair value of equity securities (Note 11) (1,535) 3,346
Income from UJVs net of distributions 15,031 8,337
Non-cash operating lease expense 1,054 1,017
Other 7,307 6,774
Decrease in cash attributable to changes in assets and liabilities:    
Receivables, deferred charges, and other assets (Note 1) (78,535) (7,088)
Accounts payable and accrued liabilities (17,822) (4,525)
Net Cash Provided By Operating Activities 11,370 136,999
Cash Flows From Investing Activities:    
Additions to properties (37,404) (88,961)
Partial reimbursement of Saks anchor allowance at The Mall of San Juan 3,000  
Proceeds from partial dispositions of ownership interests in UJVs (Note 2) 48,673  
Proceeds from sale of equity securities (Note 11) 52,077
Insurance proceeds for capital items at The Mall of San Juan (Note 9)   948
Contributions to UJVs (Note 2) (3,111) (29,875)
Distributions from UJVs (less than) in excess of income (2,072) 10,011
Other 48 46
Net Cash Provided By (Used In) Investing Activities 9,134 (55,754)
Cash Flows From Financing Activities:    
Proceeds from (payments to) revolving lines of credit, net (Note 5) 195,000 (13,425)
Debt payments (5,965) (5,636)
Issuance of common stock and/or TRG Units in connection with incentive plans (606) (706)
Contributions from noncontrolling interests 1,950  
Distributions to noncontrolling interests (Note 1) (19,133) (35,701)
Distributions to participating securities of TRG (Note 1) (595) (1,220)
Cash dividends to preferred shareholders (11,569) (11,569)
Cash dividends to common shareholders (Note 1) (41,357) (82,578)
Net Cash Provided By (Used In) Financing Activities 117,725 (150,835)
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (Note 13) (184) 372
Net Increase (Decrease) In Cash, Cash Equivalents, and Restricted Cash 138,045 (69,218)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (Note 13) 103,418 142,929
Cash, Cash Equivalents, and Restricted Cash at End of Period (Note 13) $ 241,463 $ 73,711