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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 8,731 $ 8,843
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on extinguishment of debt, net 0 351
Loss on sale or write down of assets, net 36,703 6,316
Depreciation and amortization 83,827 83,233
Amortization of premium on mortgage notes payable (229) (234)
Amortization of share and unit-based plans 4,224 5,519
Straight-line rent and amortization of above and below market leases (243) (2,650)
Provision for doubtful accounts 913 1,826
Income tax (benefit) expense (266) 346
Equity in income of unconsolidated joint ventures (9,698) (12,243)
Distributions of income from unconsolidated joint ventures 0 118
Change in fair value of financing arrangement obligation (48,384) (14,265)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 11,673 16,867
Other assets 1,037 9,284
Due from affiliates (4,766) 5,148
Accounts payable and accrued expenses 15,937 8,715
Other accrued liabilities (49,759) (18,334)
Net cash provided by operating activities 49,700 98,840
Cash flows from investing activities:    
Development, redevelopment, expansion and renovation of properties (26,406) (28,256)
Property improvements (1,845) (8,827)
Proceeds from repayment of notes receivable 0 65,348
Deferred leasing costs (981) (8,848)
Distributions from unconsolidated joint ventures 21,693 41,439
Contributions to unconsolidated joint ventures (33,870) (63,093)
Proceeds from sale of assets 0 1,015
Net cash used in investing activities (41,409) (1,222)
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 660,000 425,000
Payments on mortgages, bank and other notes payable (8,676) (397,358)
Deferred financing costs 0 (965)
Proceeds from finance lease 4,115 0
Payments on finance leases (290) (278)
Payment of finance deposits 0 (4,820)
Redemption of noncontrolling interests (2) (27)
Contribution from noncontrolling interests 125 0
Dividends and distributions (114,672) (114,396)
Net cash provided by (used in) financing activities 540,600 (92,844)
Net increase in cash, cash equivalents and restricted cash 548,891 4,774
Cash, cash equivalents and restricted cash, beginning of period 114,216 149,301
Cash, cash equivalents and restricted cash, end of period 663,107 154,075
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 52,989 50,650
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 28,250 42,539
Conversion of Operating Partnership Units to common stock $ 5,797 $ 1,005