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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 16,163 $ (245,462) $ 102,554
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Loss on extinguishment of debt 1,007 0 351
Loss on remeasurement of assets 0 163,298 0
(Gain) loss on sale or write down of assets, net (75,740) 68,112 11,909
Depreciation and amortization 324,403 326,058 337,667
Amortization of net premium on mortgage notes payable 0 (773) (929)
Amortization of share and unit-based plans 14,273 13,843 12,032
Straight-line rent and amortization of above and below market leases (7,691) (23,707) (14,009)
(Recovery of) provision for doubtful accounts (6,390) 44,250 7,682
Income tax expense (benefit) 6,948 (447) 1,589
Equity in (income) loss of unconsolidated joint ventures (15,689) 27,038 (48,508)
Change in fair value of financing arrangement obligation (15,390) (139,522) (76,640)
Distributions of income from unconsolidated joint ventures 48 0 934
Changes in assets and liabilities, net of acquisitions and dispositions:      
Tenant and other receivables 62,421 (105,947) (9,929)
Other assets 14,876 810 (9,553)
Due to/from affiliates 1,939 3,385 13,894
Accounts payable and accrued expenses (6,746) 15,479 (237)
Other accrued liabilities (28,064) (21,578) 26,350
Net cash provided by operating activities 286,368 124,837 355,157
Cash flows from investing activities:      
Development, redevelopment, expansion and renovation of properties (77,686) (45,161) (166,791)
Property improvements (30,521) (23,143) (21,114)
Proceeds from collection of notes receivable 1,300 0 68,819
Deferred leasing costs (2,720) (3,212) (11,906)
Distributions from unconsolidated joint ventures 93,927 78,427 266,349
Contributions to unconsolidated joint ventures (86,846) (132,466) (252,903)
Cash and restricted cash acquired from acquisition of previously unconsolidated joint venture 0 5,811 0
Loan to previously unconsolidated joint venture 0 (100,000) 0
Proceeds from sale of assets 337,514 16,896 5,520
Net cash provided by (used in) investing activities 234,968 (202,848) (112,026)
Cash flows from financing activities:      
Proceeds from mortgages, bank and other notes payable 520,000 660,000 1,796,000
Payments on mortgages, bank and other notes payable (2,020,395) (33,972) (1,567,089)
Deferred financing costs (22,872) (4,320) (7,759)
Payment on finance arrangement obligation 0 0 (27,945)
Proceeds from finance lease 0 4,115 0
Payments on finance leases (1,849) (1,534) (1,472)
Proceeds from share and unit-based plans 1,348 1,531 1,519
Proceeds from stock offerings, net 830,241 0 0
Redemption of noncontrolling interests (178) (29) (67)
Contributions from noncontrolling interests 128 525 3,131
Dividends and distributions (143,447) (179,862) (474,534)
Net cash (used in) provided by financing activities (837,024) 446,454 (278,216)
Net (decrease) increase in cash, cash equivalents and restricted cash (315,688) 368,443 (35,085)
Cash and cash equivalents and restricted cash at beginning of year 482,659 114,216 149,301
Cash and cash equivalents and restricted cash at end of year 166,971 482,659 114,216
Supplemental cash flow information:      
Cash payments for interest, net of amounts capitalized 204,221 199,147 210,026
Non-cash investing and financing activities:      
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 18,279 29,376 32,452
Conversion of Operating Partnership Units to common stock 48,807 12,086 1,005
Receivable in connection with sale of joint venture property 21,000 0 0
Lease liabilities recorded in connection with right-of-use assets 0 0 109,299
Joint venture      
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Equity in (income) loss of unconsolidated joint ventures (15,689)    
Non-cash investing and financing activities:      
Assets acquired from previously unconsolidated joint venture 0 395,844 0
Liabilities assumed from previously unconsolidated joint venture 0 263,393 0
Property distribution from unconsolidated joint venture $ 0 $ 19,300 $ 0