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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES    
Net income $ 164,615,000 $ 97,062,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 88,459,000 92,310,000
Amortization of deferred financing costs 1,922,000 1,874,000
Expensed pursuit costs 383,000 185,000
Impairment charges - real estate assets 26,000,000 0
Equity in earnings of unconsolidated joint ventures (14,192,000) (9,721,000)
Gain on property dispositions (142,514,000) (6,702,000)
Share-based compensation/Non-cash compensation 11,261,000 10,500,000
Other (2,069,000) (1,712,000)
Changes in operating assets and liabilities:    
Accounts receivable 2,446,000 630,000
Deferred rent receivable (10,289,000) (10,851,000)
Prepaid expenses and other assets 27,199,000 10,274,000
Accounts payable (5,341,000) (4,154,000)
Accrued interest 285,000 (160,000)
Other liabilities (11,798,000) 3,399,000
Other liabilities - development service fee 62,256,000 0
Net cash provided by operating activities 198,623,000 182,934,000
INVESTING ACTIVITIES    
Investment in properties - acquisitions (211,335,000) (19,838,000)
Investment in properties - other (22,104,000) (25,562,000)
Investments in and advances to unconsolidated joint ventures (73,922,000) (25,333,000)
Distributions from unconsolidated joint ventures 16,522,000 12,178,000
Net proceeds from disposition of properties/land 313,055,000 26,220,000
Investment in development in progress (96,196,000) (136,030,000)
Investment in land held for development (105,827,000) (87,255,000)
Payment of deferred leasing costs (13,399,000) (18,750,000)
Release of escrows and other 126,203,000 26,315,000
Net cash used in investing activities (67,003,000) (248,055,000)
FINANCING ACTIVITIES    
Net proceeds from issuance of common shares 4,527,000 4,223,000
Share repurchase including shares related to tax withholdings (4,500,000) (4,668,000)
Repayments of mortgage loans (30,377,000) (3,876,000)
Proceeds from credit facility 698,163,000 284,000,000
Repayments on credit facility (662,879,000) (107,000,000)
Distribution paid on common shares (118,089,000) (128,703,000)
Distributions to partners/noncontrolling interests (3,296,000) (3,569,000)
Net cash (used in) provided by financing activities (116,451,000) 40,407,000
Net increase (decrease) in cash, cash equivalents and restricted cash 15,169,000 (24,714,000)
(Decrease) increase in cash, cash equivalents and restricted cash related to foreign currency translation (1,778,000) 1,552,000
Cash, cash equivalents and restricted cash at beginning of period 25,685,000 56,025,000
Cash, cash equivalents and restricted cash at end of period 39,076,000 32,863,000
Liberty Property Limited Partnership [Member]    
OPERATING ACTIVITIES    
Net income 164,615,000 97,062,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 88,459,000 92,310,000
Amortization of deferred financing costs 1,922,000 1,874,000
Expensed pursuit costs 383,000 185,000
Impairment charges - real estate assets 26,000,000 0
Equity in earnings of unconsolidated joint ventures (14,192,000) (9,721,000)
Gain on property dispositions (142,514,000) (6,702,000)
Share-based compensation/Non-cash compensation 11,261,000 10,500,000
Other (2,069,000) (1,712,000)
Changes in operating assets and liabilities:    
Accounts receivable 2,446,000 630,000
Deferred rent receivable (10,289,000) (10,851,000)
Prepaid expenses and other assets 27,199,000 10,274,000
Accounts payable (5,341,000) (4,154,000)
Accrued interest 285,000 (160,000)
Other liabilities (11,798,000) 3,399,000
Other liabilities - development service fee 62,256,000 0
Net cash provided by operating activities 198,623,000 182,934,000
INVESTING ACTIVITIES    
Investment in properties - acquisitions (211,335,000) (19,838,000)
Investment in properties - other (22,104,000) (25,562,000)
Investments in and advances to unconsolidated joint ventures (73,922,000) (25,333,000)
Distributions from unconsolidated joint ventures 16,522,000 12,178,000
Net proceeds from disposition of properties/land 313,055,000 26,220,000
Investment in development in progress (96,196,000) (136,030,000)
Investment in land held for development (105,827,000) (87,255,000)
Payment of deferred leasing costs (13,399,000) (18,750,000)
Release of escrows and other 126,203,000 26,315,000
Net cash used in investing activities (67,003,000) (248,055,000)
FINANCING ACTIVITIES    
Repayments of mortgage loans (30,377,000) (3,876,000)
Proceeds from credit facility 698,163,000 284,000,000
Repayments on credit facility (662,879,000) (107,000,000)
Capital contributions 4,527,000 4,223,000
Distributions to partners/noncontrolling interests (125,885,000) (136,940,000)
Net cash (used in) provided by financing activities (116,451,000) 40,407,000
Net increase (decrease) in cash, cash equivalents and restricted cash 15,169,000 (24,714,000)
(Decrease) increase in cash, cash equivalents and restricted cash related to foreign currency translation (1,778,000) 1,552,000
Cash, cash equivalents and restricted cash at beginning of period 25,685,000 56,025,000
Cash, cash equivalents and restricted cash at end of period $ 39,076,000 $ 32,863,000