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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Parent Company [Member]    
Cash flows from operating activities:    
Consolidated net income $ 93,438 $ 208,550
Adjustments to reconcile net income to net cash provided by operating activities:    
Retail revenue accretion (110) (820)
Depreciation and amortization 151,114 147,765
Stock compensation expense 3,958 2,763
Redeemable stock issued 282 560
Amortization of debt premium (5,096) (8,517)
(Gain) loss from investments in real estate joint ventures (27) 6
Loss on debt extinguishment 0 2,785
Derivative interest (credit) expense (1,295) (1,021)
Gain on sale of non-depreciable real estate assets (2,170) (172)
Gain on sale of depreciable real estate assets excluded from discontinued operations (823) (135,410)
Net casualty loss and other settlement proceeds (813) (490)
Changes in assets and liabilities:    
Restricted cash 951 1,720
Other assets 4,130 8,562
Accounts payable (1,542) (344)
Accrued expenses and other (7,567) (1,204)
Security deposits 702 1,109
Net cash provided by operating activities 238,216 226,530
Cash flows from investing activities:    
Purchases of real estate and other assets (130,597) (161,892)
Normal capital improvements (44,417) (48,099)
Construction capital and other improvements (3,288) (3,873)
Renovations to existing real estate assets (17,719) (12,747)
Development (29,156) (14,420)
Distributions from real estate joint ventures 1,793 6
Contributions to Real Estate Joint Ventures 0 (30)
Proceeds from disposition of real estate assets 38,001 238,849
(Funding) return of escrow for future acquisitions 0 (26,945)
Net cash (used in) provided by investing activities (185,383) (29,151)
Cash flows from financing activities:    
Net change in credit lines 105,000 (16,115)
Principal payments on notes payable (37,261) (55,199)
Payment of deferred financing costs (141) (178)
Repurchase of common stock (1,742) (945)
Proceeds from issuances of common shares 628 184
Proceeds from Stock Options Exercised 0 420
Distributions to noncontrolling interests (6,823) (6,443)
Dividends paid on common shares (123,774) (115,726)
Net cash used in financing activities (64,113) (194,002)
Net (decrease) increase in cash and cash equivalents (11,280) 3,377
Cash and cash equivalents, beginning of period 37,559 26,653
Cash and cash equivalents, end of period 26,279 30,030
Supplemental disclosure of cash flow information:    
Interest paid 71,092 71,596
Income Taxes Paid 1,544 2,051
Supplemental disclosure of noncash investing and financing activities:    
Conversion of units to shares of common stock 158 184
Accrued construction in progress 10,781 11,165
Interest capitalized 708 964
Marked-to-market adjustment on derivative instruments (1,407) 2,484
Limited Partner [Member]    
Cash flows from operating activities:    
Consolidated net income 93,438 208,550
Adjustments to reconcile net income to net cash provided by operating activities:    
Retail revenue accretion (110) (820)
Depreciation and amortization 151,114 147,765
Stock compensation expense 3,958 2,763
Redeemable stock issued 282 560
Amortization of debt premium (5,096) (8,517)
(Gain) loss from investments in real estate joint ventures (27) 6
Loss on debt extinguishment 0 2,785
Derivative interest (credit) expense (1,295) (1,021)
Gain on sale of non-depreciable real estate assets (2,170) (172)
Gain on sale of depreciable real estate assets excluded from discontinued operations (823) (135,410)
Net casualty loss and other settlement proceeds (813) (490)
Changes in assets and liabilities:    
Restricted cash 951 1,720
Other assets 4,130 8,562
Accounts payable (1,542) (344)
Accrued expenses and other (7,567) (1,204)
Security deposits 702 1,109
Net cash provided by operating activities 238,216 226,530
Cash flows from investing activities:    
Purchases of real estate and other assets (130,597) (161,892)
Normal capital improvements (44,417) (48,099)
Construction capital and other improvements (3,288) (3,873)
Renovations to existing real estate assets (17,719) (12,747)
Development (29,156) (14,420)
Distributions from real estate joint ventures 1,793 6
Contributions to Real Estate Joint Ventures 0 (30)
Proceeds from disposition of real estate assets 38,001 238,849
(Funding) return of escrow for future acquisitions 0 (26,945)
Net cash (used in) provided by investing activities (185,383) (29,151)
Cash flows from financing activities:    
Net change in credit lines 105,000 (16,115)
Principal payments on notes payable (37,261) (55,199)
Payment of deferred financing costs (141) (178)
Repurchase of common units (1,742) (945)
Proceeds from issuances of common units 628 184
Proceeds from Stock Options Exercised 0 420
Distributions paid on common units (130,597) (122,169)
Net cash used in financing activities (64,113) (194,002)
Net (decrease) increase in cash and cash equivalents (11,280) 3,377
Cash and cash equivalents, beginning of period 37,559 26,653
Cash and cash equivalents, end of period 26,279  
Supplemental disclosure of cash flow information:    
Interest paid 71,092 71,596
Income Taxes Paid 1,544 2,051
Supplemental disclosure of noncash investing and financing activities:    
Accrued construction in progress 10,781 11,165
Interest capitalized 708 964
Marked-to-market adjustment on derivative instruments $ (1,407) $ 2,484