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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING ACTIVITIES      
Net income $ 210,710 $ 153,375 $ 78,992
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 171,714 174,013 172,575
Amortization of deferred financing costs 5,190 6,339 5,101
Impairment charges - investment in unconsolidated joint ventures and other 0 378 98,252
Debt extinguishment gain 0 0 (1,547)
Equity in earnings of unconsolidated joint ventures (3,496) (2,296) (2,161)
Distributions from unconsolidated joint ventures 551 657 663
Gain on property dispositions (65,607) (11,473) (19,546)
Noncash compensation 10,555 11,595 12,905
Changes in operating assets and liabilities:      
Restricted cash (14,114) (7,294) (1,189)
Accounts receivable (1,320) (850) 4,191
Deferred rent receivable (6,566) (13,581) (13,414)
Prepaid expenses and other assets 6,027 (7,597) 3,699
Accounts payable (229) (7,399) (1,099)
Accrued interest (5,674) (1,430) (5,223)
Other liabilities 9,983 (2,173) (24,998)
Net cash provided by operating activities 317,724 292,264 307,201
INVESTING ACTIVITIES      
Investment in properties - acquisitions (233,568) (43,505) 0
Investment in properties - other (75,834) (75,857) (58,871)
Investments in and advances to unconsolidated joint ventures (11,195) (1,870) (5,132)
Distributions from unconsolidated joint ventures 11,364 6,776 20,721
Net proceeds from disposition of properties/land 390,754 35,934 190,534
Net (advances on) proceeds from public reimbursement receivable/escrow (10,237) 18,917 (23,238)
Investment in development in progress (48,628) (7,481) (79,586)
Investment in land held for development (52,868) (6,086) (29,391)
Investment in deferred leasing costs (26,011) (30,289) (29,369)
Net cash used in investing activities (56,223) (103,461) (14,332)
FINANCING ACTIVITIES      
Net proceeds from issuance of Common Shares 44,552 37,434 293,814
Redemption of preferred units (9,060) 0 0
Proceeds from unsecured notes 0 366,000 0
Repayments of unsecured notes (246,500) (169,739) (287,179)
Proceeds from mortgage loans 0 743 330,250
Repayments of mortgage loans (29,860) (156,890) (54,864)
Proceeds from credit facility 650,500 338,500 199,150
Repayments on credit facility (511,100) (478,500) (319,150)
Increase in deferred financing costs (3,023) (9,697) (5,550)
Distribution paid on Common Shares (218,613) (215,083) (201,984)
Distribution paid on units (28,409) (28,610) (28,520)
Net cash used in financing activities (351,513) (315,842) (74,033)
Net (decrease) increase in cash and cash equivalents (90,012) (127,039) 218,836
(Decrease) increase in cash and cash equivalents related to foreign currency translation (193) (1,998) 2,816
Cash and cash equivalents at beginning of period 108,409 237,446 15,794
Cash and cash equivalents at end of period 18,204 108,409 237,446
Liberty Property Limited Partnership [Member]
     
OPERATING ACTIVITIES      
Net income 210,710 153,375 78,992
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 171,714 174,013 172,575
Amortization of deferred financing costs 5,190 6,339 5,101
Impairment charges - investment in unconsolidated joint ventures and other 0 378 98,252
Debt extinguishment gain 0 0 (1,547)
Equity in earnings of unconsolidated joint ventures (3,496) (2,296) (2,161)
Distributions from unconsolidated joint ventures 551 657 663
Gain on property dispositions (65,607) (11,473) (19,546)
Noncash compensation 10,555 11,595 12,905
Changes in operating assets and liabilities:      
Restricted cash (14,114) (7,294) (1,189)
Accounts receivable (1,320) (850) 4,191
Deferred rent receivable (6,566) (13,581) (13,414)
Prepaid expenses and other assets 6,027 (7,597) 3,699
Accounts payable (229) (7,399) (1,099)
Accrued interest (5,674) (1,430) (5,223)
Other liabilities 9,983 (2,173) (24,998)
Net cash provided by operating activities 317,724 292,264 307,201
INVESTING ACTIVITIES      
Investment in properties - acquisitions (233,568) (43,505) 0
Investment in properties - other (75,834) (75,857) (58,871)
Investments in and advances to unconsolidated joint ventures (11,195) (1,870) (5,132)
Distributions from unconsolidated joint ventures 11,364 6,776 20,721
Net proceeds from disposition of properties/land 390,754 35,934 190,534
Net (advances on) proceeds from public reimbursement receivable/escrow (10,237) 18,917 (23,238)
Investment in development in progress (48,628) (7,481) (79,586)
Investment in land held for development (52,868) (6,086) (29,391)
Investment in deferred leasing costs (26,011) (30,289) (29,369)
Net cash used in investing activities (56,223) (103,461) (14,332)
FINANCING ACTIVITIES      
Redemption of preferred units (9,060) 0 0
Proceeds from unsecured notes 0 366,000 0
Repayments of unsecured notes (246,500) (169,739) (287,179)
Proceeds from mortgage loans 0 743 330,250
Repayments of mortgage loans (29,860) (156,890) (54,864)
Proceeds from credit facility 650,500 338,500 199,150
Repayments on credit facility (511,100) (478,500) (319,150)
Increase in deferred financing costs (3,023) (9,697) (5,550)
Capital contributions 44,552 37,434 293,814
Distributions to partners (247,022) (243,693) (230,504)
Net cash used in financing activities (351,513) (315,842) (74,033)
Net (decrease) increase in cash and cash equivalents     218,836
(Decrease) increase in cash and cash equivalents related to foreign currency translation (193) (1,998) 2,816
Cash and cash equivalents at beginning of period 108,409 237,446 15,794
Cash and cash equivalents at end of period $ 18,204 $ 108,409 $ 237,446