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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities:    
Consolidated net income $ 73,930 $ 62,253
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Gain on sale of property, net of tax 0 (958)
Depreciation expense 55,790 57,210
Amortization of in-place leases 2,716 318
Amortization of loan costs 2,480 2,749
Debt premium amortization (2,640) (2,895)
Equity in income of unconsolidated joint ventures (2,532) (1,185)
Distributions from unconsolidated joint ventures 1,669 1,099
Amortization of stock-related compensation 2,431 2,716
Revenue recognized from right-to-use contract upfront payments (3,697) (3,602)
Commission expense recognized related to right-to-use contracts 1,318 1,275
Accrued Long Term Incentive Plan Compensation 950 956
Provision for uncollectible rents receivable (529) 187
Changes in assets and liabilities:    
Notes receivable activity, net (1,152) 306
Deferred commission expense (2,652) (2,393)
Escrow deposits and other assets 6,403 (6,169)
Accrued payroll and other operating expenses, net 10,799 8,966
Deferred revenue - upfront payments from right-to-use contracts 6,012 6,192
Deferred revenue - right-to-use annual payments 3,042 3,861
Rents received in advance and security deposits 7,073 7,186
Net cash provided by operating activities 161,411 138,072
Cash Flows From Investing Activities:    
Real estate acquisition (44,225) 0
Payments for (Proceeds from) Delayed Tax Exempt Exchange 10,576 0
Cash Received from Joint Venture 116 0
Payments to Acquire Interest in Joint Venture (2,485) (1,120)
Proceeds from Collection of Notes Receivable 9,878 6,494
Issuance of Notes Receivable (4,592) (4,431)
Capital improvements (26,534) (35,850)
Net cash used in investing activities (57,266) (34,907)
Cash Flows From Financing Activities:    
Net proceeds from stock options and employee stock purchase plan 496 578
Payments of Ordinary Dividends, Common Stock (47,843) (16,692)
Payments of Ordinary Dividends, Noncontrolling Interest (4,391) (3,728)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (4,638) (4,640)
Principal payments and mortgage debt payoff (73,566) (45,925)
Proceeds from Issuance of Long-term Debt 54,000 110,000
Debt issuance costs (1,720) (1,510)
Equity issuance costs (99) (479)
Net cash (used in) provided by financing activities (77,761) 37,604
Cash, Period Increase (Decrease) 26,384 140,769
Cash 84,811 177,895
Supplemental Information:    
Cash paid during the period for interest 56,583 61,495
Non-cash activities (increase/(decrease)):    
Capital improvements - used homes acquired by repossessions 648 1,186
Net repayments of notes receivable - used homes acquired by repossessions 648 1,186
Building and other depreciable property - reclassification of rental homes 9,640 5,823
Escrow deposits and other assets - reclassification of rental homes (9,640) (5,823)
Noncash or Part Noncash Acquisition, Fixed Assets Acquired 61,781 0
Noncash or Part Noncash Acquisition, Deferred Finance Costs (180) 0
Noncash or Part Noncash Acquisition, Other Liabilities Assumed 1,817 0
Noncash or Part Noncash Acquisition, Payables Assumed 841 0
Noncash or Part Noncash Acquisition, Other Assets Acquired 412 0
Noncash or Part Noncash Acquisition, Debt Assumed $ 14,564 $ 0