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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 430,556 $ 338,958
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 404,723 389,251
Amortization of deferred financing costs 5,783 5,778
Amortization of above/below market lease intangibles (35) 2,196
Amortization of discounts and premiums on debt 17,795 3,263
Amortization of deferred settlements on derivative instruments 8,896 9,302
Amortization of right-of-use assets 6,952  
Write-off of pursuit costs 2,987 2,066
(Income) loss from investments in unconsolidated entities (68,058) 2,008
Distributions from unconsolidated entities – return on capital 2,387 1,188
Net (gain) loss on sales of real estate properties (138,835) (142,162)
Net (gain) loss on sales of land parcels (178) (995)
Net (gain) loss on debt extinguishment   22,110
Compensation paid with Company Common Shares 16,782 17,032
Changes in assets and liabilities:    
(Increase) decrease in other assets 1,610 417
Increase (decrease) in accounts payable and accrued expenses 22,435 25,396
Increase (decrease) in accrued interest payable 1,536 5,306
Increase (decrease) in other liabilities (25,161) 2,549
Increase (decrease) in security deposits 1,769 1,791
Increase (decrease) in lease liabilities (1,171)  
Net cash provided by operating activities 690,773 685,454
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate – acquisitions (653,132) (200,546)
Investment in real estate – development/other (93,210) (76,635)
Capital expenditures to real estate (81,528) (85,987)
Non-real estate capital additions (1,466) (2,145)
Interest capitalized for real estate under development (2,679) (2,937)
Proceeds from disposition of real estate, net 393,439 287,173
Investments in unconsolidated entities (8,572) (3,099)
Distributions from unconsolidated entities – return of capital 78,262  
Purchase of investment securities and other investments (269)  
Net cash provided by (used for) investing activities (369,155) (84,176)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt financing costs (6,069) (4,354)
Mortgage notes payable, net:    
Proceeds 295,620  
Lump sum payoffs (95,500) (725,639)
Scheduled principal repayments (3,110) (3,273)
Notes, net:    
Proceeds 597,480 497,010
Line of credit and commercial paper:    
Line of credit proceeds 1,995,000 415,000
Line of credit repayments (1,995,000) (415,000)
Commercial paper proceeds 7,775,817 4,766,050
Commercial paper repayments (8,275,000) (4,720,000)
Proceeds from (payments on) settlement of derivative instruments (41,616) 1,638
Proceeds from Employee Share Purchase Plan (ESPP) 1,652 2,181
Proceeds from exercise of options 48,487 2,617
Payment of offering costs (155) (27)
Other financing activities, net (49) (48)
Contributions – Noncontrolling Interests – Partially Owned Properties 4,594 125
Contributions – Noncontrolling Interests – Operating Partnership   1
Distributions:    
Common Shares (409,943) (384,315)
Preferred Shares (773) (1,545)
Noncontrolling Interests – Operating Partnership (14,728) (13,854)
Noncontrolling Interests – Partially Owned Properties (5,170) (7,620)
Net cash provided by (used for) financing activities (128,463) (613,163)
Net increase (decrease) in cash and cash equivalents and restricted deposits 193,155 (11,885)
Cash and cash equivalents and restricted deposits, beginning of period 116,313 100,762
Cash and cash equivalents and restricted deposits, end of period 309,468 88,877
Cash and cash equivalents 251,273 34,507
Restricted deposits 58,195 54,370
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 171,116 188,913
Net cash paid for income and other taxes 754 644
Amortization of deferred financing costs:    
Other assets 1,206 1,206
Mortgage notes payable, net 2,344 2,552
Notes, net 2,233 2,020
Amortization of discounts and premiums on debt:    
Mortgage notes payable, net 16,426 1,963
Notes, net 1,369 1,300
Amortization of deferred settlements on derivative instruments:    
Other liabilities (6) (5)
Accumulated other comprehensive income 8,902 9,307
Write-off of pursuit costs:    
Investment in real estate, net 2,947 2,042
Other assets 37 10
Accounts payable and accrued expenses 3 14
(Income) loss from investments in unconsolidated entities:    
Investments in unconsolidated entities (68,735) 1,321
Other liabilities 677 687
Realized/unrealized (gain) loss on derivative instruments:    
Other assets 2,002 (13,226)
Notes, net 2,253 (2,151)
Other liabilities 29,510 3,382
Accumulated other comprehensive income (33,765) 11,995
Investments in unconsolidated entities:    
Investments in unconsolidated entities (6,472) (2,379)
Other liabilities (2,100) (720)
Debt financing costs:    
Other assets 145  
Mortgage notes payable, net (2,237)  
Notes, net (5,213) (4,354)
Other liabilities 1,236  
Right-of-use assets and lease liabilities initial measurement and reclassifications:    
Right-of-use assets (438,705)  
Other assets 184,116  
Lease liabilities 282,791  
Other liabilities $ (28,202)  
Mortgage Notes Payable, Net [Member]    
Mortgage notes payable, net:    
Net gain (loss) on debt extinguishment   $ (22,110)