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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 72,815 $ 55,726
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on extinguishment of debt, net 351 0
Loss on sale or write down of assets, net 15,506 514
Depreciation and amortization 251,946 246,038
Amortization of premium on mortgage notes payable (696) (696)
Amortization of share and unit-based plans 9,755 22,644
Straight-line rent and amortization of above and below market leases (12,447) (11,424)
Provision for doubtful accounts 6,767 3,787
Income tax expense (benefit) 1,703 (1,799)
Equity in income of unconsolidated joint ventures (34,082) (51,330)
Distributions of income from unconsolidated joint ventures 844 1,664
Change in fair value of financing arrangement obligation (70,977) (9,279)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 4,683 2,579
Other assets 3,942 7,143
Due from affiliates 10,424 (5,508)
Accounts payable and accrued expenses 13,105 6,692
Other accrued liabilities (1,662) (19,590)
Net cash provided by operating activities 271,977 247,161
Cash flows from investing activities:    
Development, redevelopment, expansion and renovation of properties (104,905) (133,325)
Property improvements (21,114) (32,858)
Proceeds from repayment of notes receivable 65,791 829
Deferred leasing costs (10,885) (23,792)
Distributions from unconsolidated joint ventures 235,811 541,336
Contributions to unconsolidated joint ventures (149,368) (179,060)
Proceeds from sale of assets 1,245 83,029
Net cash provided by investing activities 16,575 256,159
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 1,076,000 295,000
Payments on mortgages, bank and other notes payable (1,016,099) (457,710)
Payment on finance arrangement obligation (27,945) 0
Deferred financing costs (2,921) (275)
Payments on finance leases (1,472)  
Proceeds from share and unit-based plans 819 806
Redemption of noncontrolling interests (51) (719)
Contribution from noncontrolling interests 460 16
Dividends and distributions (359,376) (339,443)
Net cash used in financing activities (330,585) (502,325)
Net (decrease) increase in cash, cash equivalents and restricted cash (42,033) 995
Cash, cash equivalents and restricted cash, beginning of period 149,301 143,105
Cash, cash equivalents and restricted cash, end of period 107,268 144,100
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 156,700 142,680
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 43,348 48,827
Mortgage notes payable assumed in exchange for investments in unconsolidated joint ventures 0 139,249
Disposition of property in exchange for investments in unconsolidated joint ventures 0 36,305
Conversion of Operating Partnership Units to common stock $ 1,005 $ 75