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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net income $ 107,180 $ 169,465
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 124,420 128,828
Amortization of deferred financing costs 3,581 3,948
Equity in (loss) earnings of unconsolidated joint ventures 1,397 (2,470)
Distributions from unconsolidated joint ventures 536 350
Gain on property dispositions (5,364) (58,083)
Noncash compensation 8,307 8,052
Changes in operating assets and liabilities:    
Restricted cash 25,864 (16,792)
Accounts receivable 1,223 (2,370)
Deferred rent receivable (5,550) (5,361)
Prepaid expenses and other assets (19,626) (4,037)
Accounts payable 35,389 16,602
Accrued interest 12,030 3,236
Other liabilities (30,356) (2,936)
Net cash provided by operating activities 259,031 238,432
INVESTING ACTIVITIES    
Investment in properties - acquisitions (35,644) (124,823)
Investment in properties - other (45,221) (51,615)
Investments in and advances to unconsolidated joint ventures (3,529) (11,309)
Distributions from unconsolidated joint ventures 6,967 9,257
Net proceeds from disposition of properties/land 217,430 361,154
Net proceeds from public reimbursement receivable/escrow (682) (18,274)
Investment in development in progress (152,523) (25,194)
Investment in land held for development (32,871) (18,475)
Investment in deferred leasing costs 17,470 16,662
Net cash (used in) provided by investing activities (63,543) 104,059
FINANCING ACTIVITIES    
Net proceeds from issuance of common shares 42,808 33,396
Redemption of preferred units (221,000) 0
Proceeds from unsecured notes 400,000 0
Repayments of unsecured notes (230,100) (246,500)
Proceeds from mortgage loans 27,481 0
Repayments of mortgage loans (28,103) (28,407)
Proceeds from credit facility 653,350 302,900
Repayments on credit facility (642,750) (302,900)
Payment of deferred financing costs (4,278) (13)
Distribution paid on common shares (166,564) (163,658)
Distribution paid on units (13,139) (21,317)
Net cash used in financing activities (182,295) (426,499)
Net increase (decrease) in cash and cash equivalents 13,193 (84,008)
Increase in cash and cash equivalents related to foreign currency translation 2,672 15
Cash and cash equivalents at beginning of period 18,204 108,409
Cash and cash equivalents at end of period 34,069 24,416
Liberty Property Limited Partnership [Member]
   
OPERATING ACTIVITIES    
Net income 107,180 169,465
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 124,420 128,828
Amortization of deferred financing costs 3,581 3,948
Equity in (loss) earnings of unconsolidated joint ventures 1,397 (2,470)
Distributions from unconsolidated joint ventures 536 350
Gain on property dispositions (5,364) (58,083)
Noncash compensation 8,307 8,052
Changes in operating assets and liabilities:    
Restricted cash 25,864 (16,792)
Accounts receivable 1,223 (2,370)
Deferred rent receivable (5,550) (5,361)
Prepaid expenses and other assets (19,626) (4,037)
Accounts payable 35,389 16,602
Accrued interest 12,030 3,236
Other liabilities (30,356) (2,936)
Net cash provided by operating activities 259,031 238,432
INVESTING ACTIVITIES    
Investment in properties - acquisitions (35,644) (124,823)
Investment in properties - other (45,221) (51,615)
Investments in and advances to unconsolidated joint ventures (3,529) (11,309)
Distributions from unconsolidated joint ventures 6,967 9,257
Net proceeds from disposition of properties/land 217,430 361,154
Net proceeds from public reimbursement receivable/escrow (682) (18,274)
Investment in development in progress (152,523) (25,194)
Investment in land held for development (32,871) (18,475)
Investment in deferred leasing costs 17,470 16,662
Net cash (used in) provided by investing activities (63,543) 104,059
FINANCING ACTIVITIES    
Redemption of preferred units (221,000) 0
Proceeds from unsecured notes 400,000 0
Repayments of unsecured notes (230,100) (246,500)
Proceeds from mortgage loans 27,481 0
Repayments of mortgage loans (28,103) (28,407)
Proceeds from credit facility 653,350 302,900
Repayments on credit facility (642,750) (302,900)
Payment of deferred financing costs (4,278) (13)
Capital contributions 42,808 33,396
Distributions to partners (179,703) (184,975)
Net cash used in financing activities (182,295) (426,499)
Net increase (decrease) in cash and cash equivalents 13,193 (84,008)
Increase in cash and cash equivalents related to foreign currency translation 2,672 15
Cash and cash equivalents at beginning of period 18,204 108,409
Cash and cash equivalents at end of period $ 34,069 $ 24,416