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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Parent Company [Member]      
Restricted Cash $ 17,414 $ 78,117 $ 88,264
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 51,673 88,867 121,800
Cash flows from operating activities:      
Consolidated net income (231,022) (340,536) (224,402)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (490,995) (494,540) (323,283)
Stock compensation expense 12,444 10,570 11,486
Amortization of debt premium (4,990) (9,810) (9,820)
Gain on sale of non-depreciable real estate assets (4,532) (21) (2,171)
Gain on sale of depreciable real estate assets excluded from discontinued operations 39 (127,386) (80,397)
Proceeds from Other Operating Activities 9,314 (47,629) 18,221
Changes in assets and liabilities:      
Net cash provided by operating activities 734,292 660,800 485,004
Cash flows from investing activities:      
Purchases of real estate and other assets (129,487) (136,065) (339,186)
Payments for Capital Improvements 254,715 343,890 183,977
Proceeds from Equity Method Investment, Distribution, Return of Capital 775 0 1,778
Contributions to Real Estate Joint Ventures (2,905) (1,500) 0
Proceeds from disposition of real estate assets 19,982 187,245 296,410
Payments to Acquire Businesses, Net of Cash Acquired 0 0 (424,156)
Net cash used in investing activities (366,350) (294,210) (649,131)
Cash flows from financing activities:      
Proceeds from Lines of Credit 1,540,000 805,000 635,000
Repayments of Lines of Credit (1,490,000) (965,000) (300,000)
Proceeds from notes payable 869,630 597,480 300,000
Principal payments on notes payable (878,610) (413,557) (146,026)
Payment of deferred financing costs (6,060) (5,358) (2,395)
Repurchase of common stock (2,921) (4,782) (2,019)
Payment for Debt Extinguishment or Debt Prepayment Cost (60) (1,659) (139)
Proceeds from issuances of common shares 585 1,557 291
Proceeds from Stock Options Exercised 916 432 0
Dividends, Preferred Stock, Cash (3,688) (3,688) (924)
Distributions to noncontrolling interests (15,079) (14,654) (13,850)
Dividends paid on common shares (419,849) (395,294) (247,652)
Net cash (used in) provided by financing activities (405,136) (399,523) 222,286
Net (decrease) increase in cash, cash equivalents and restricted cash (37,194) (32,933) 58,159
Cash and cash equivalents, beginning of period 10,750 33,536  
Cash and cash equivalents, end of period 34,259 10,750 33,536
Supplemental disclosure of cash flow information:      
Interest paid 184,834 166,757 144,843
Income Taxes Paid 2,550 2,366 1,582
Supplemental disclosure of noncash investing and financing activities:      
Conversion of units to shares of common stock 4,443 1,602 902
Accrued construction in progress 8,581 7,852 31,491
Interest capitalized 2,047 7,238 2,073
Marked-to-market adjustment on derivative instruments (6,436) 17,806 5,670
Fair value adjustment on debt assumed 0 0 8,864
Loan assumption from the Post Properties merger 0 0 586,744
Purchase Price Post 0 0 4,006,586
Limited Partner [Member]      
Restricted Cash 17,414 78,117 88,264
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 51,673 88,867 121,800
Cash flows from operating activities:      
Consolidated net income (231,022) (340,536) (224,402)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (490,995) (494,540) (323,283)
Stock compensation expense 12,444 10,570 11,486
Amortization of debt premium (4,990) (9,810) (9,820)
Gain on sale of non-depreciable real estate assets (4,532) (21) (2,171)
Gain on sale of depreciable real estate assets excluded from discontinued operations 39 (127,386) (80,397)
Proceeds from Other Operating Activities 9,314 (47,629) 18,221
Changes in assets and liabilities:      
Net cash provided by operating activities 734,292 660,800 485,004
Cash flows from investing activities:      
Purchases of real estate and other assets (129,487) (136,065) (339,186)
Payments for Capital Improvements 254,715 343,890 183,977
Proceeds from Equity Method Investment, Distribution, Return of Capital 775 0 1,778
Contributions to Real Estate Joint Ventures (2,905) (1,500) 0
Proceeds from disposition of real estate assets 19,982 187,245 296,410
Payments to Acquire Businesses, Net of Cash Acquired 0 0 (424,156)
Net cash used in investing activities (366,350) (294,210) (649,131)
Cash flows from financing activities:      
Proceeds from Lines of Credit 1,540,000 805,000 635,000
Repayments of Lines of Credit (1,490,000) (965,000) (300,000)
Proceeds from notes payable 869,630 597,480 300,000
Principal payments on notes payable (878,610) (413,557) (146,026)
Payment of deferred financing costs (6,060) (5,358) (2,395)
Payment for Debt Extinguishment or Debt Prepayment Cost (60) (1,659) (139)
Repurchase of common units (2,921) (4,782) (2,019)
Proceeds from issuance of common units 585 1,557 291
Proceeds from Stock Options Exercised 916 432 0
Dividends, Preferred Stock, Cash (3,688) (3,688) (924)
Distributions paid on common units (434,928) (409,948) (261,502)
Net cash (used in) provided by financing activities (405,136) (399,523) 222,286
Net (decrease) increase in cash, cash equivalents and restricted cash (37,194) (32,933) 58,159
Cash and cash equivalents, beginning of period 10,750 33,536 121,800
Cash and cash equivalents, end of period 34,259 10,750 33,536
Supplemental disclosure of cash flow information:      
Interest paid 184,834 166,757 144,843
Income Taxes Paid 2,550 2,366 1,582
Supplemental disclosure of noncash investing and financing activities:      
Accrued construction in progress 8,581 7,852 31,491
Interest capitalized 2,047 7,238 2,073
Marked-to-market adjustment on derivative instruments (6,436) 17,806 5,670
Fair value adjustment on debt assumed 0 0 8,864
Loan assumption from the Post Properties merger 0 0 586,744
Purchase Price Post $ 0 $ 0 $ 4,006,586