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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES      
Net income $ 219,594 $ 147,751 $ 210,710
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 205,147 167,421 171,714
Amortization of deferred financing costs and noncash portion of interest 4,449 4,682 5,190
Equity in (earnings) loss of unconsolidated joint ventures (6,067) 681 (3,496)
Distributions from unconsolidated joint ventures 844 624 551
Gain on property dispositions (107,079) (15,506) (65,607)
Noncash compensation 9,976 10,057 10,555
Changes in operating assets and liabilities:      
Restricted cash (18,397) 30,713 (14,114)
Accounts receivable (4,889) (799) (1,320)
Deferred rent receivable (9,473) (6,363) (6,566)
Prepaid expenses and other assets (22,424) (10,871) 6,027
Accounts payable 15,703 7,641 (229)
Accrued interest 5,613 (3,983) (5,674)
Other liabilities 22,968 (14,882) 9,983
Net cash provided by operating activities 315,965 317,166 317,724
INVESTING ACTIVITIES      
Investment in properties - acquisitions (1,429,822) (211,894) (233,568)
Investment in properties - other (74,345) (49,682) (75,834)
Investments in and advances to unconsolidated joint ventures (16,185) (1,461) (11,195)
Distributions from unconsolidated joint ventures 13,774 6,009 11,364
Net proceeds from disposition of properties/land 526,949 234,686 390,754
Net proceeds from (advances on) public reimbursement receivable/escrow 9,821 (986) (10,237)
Investment in development in progress (123,879) (199,384) (48,628)
Investment in land held for development (67,326) (67,513) (52,868)
Investment in deferred leasing costs (36,901) (22,444) (26,011)
Net cash used in investing activities (1,197,914) (312,669) (56,223)
FINANCING ACTIVITIES      
Net proceeds from issuance of Common Shares 969,468 58,710 44,552
Redemption of preferred units (64,500) (221,000) (9,060)
Proceeds from unsecured notes 448,646 700,000 0
Repayments of unsecured notes 0 (230,100) (246,500)
Proceeds from mortgage loans 10,401 34,599 0
Repayments of mortgage loans (10,605) (35,099) (29,860)
Proceeds from credit facility 611,550 839,250 650,500
Repayments on credit facility (703,550) (886,650) (511,100)
Increase in deferred financing costs (5,866) (7,206) (3,023)
Distribution paid on Common Shares (240,340) (222,573) (218,613)
Distribution paid on units (9,438) (17,241) (28,409)
Net cash provided by (used in) financing activities 1,005,766 12,690 (351,513)
Net increase (decrease) in cash and cash equivalents 123,817 17,187 (90,012)
Increase (decrease) in cash and cash equivalents related to foreign currency translation 1,241 2,965 (193)
Cash and cash equivalents at beginning of year 38,356 18,204 108,409
Cash and cash equivalents at end of year 163,414 38,356 18,204
Liberty Property Limited Partnership [Member]
     
OPERATING ACTIVITIES      
Net income 219,594 147,751 210,710
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 205,147 167,421 171,714
Amortization of deferred financing costs and noncash portion of interest 4,449 4,682 5,190
Equity in (earnings) loss of unconsolidated joint ventures (6,067) 681 (3,496)
Distributions from unconsolidated joint ventures 844 624 551
Gain on property dispositions (107,079) (15,506) (65,607)
Noncash compensation 9,976 10,057 10,555
Changes in operating assets and liabilities:      
Restricted cash (18,397) 30,713 (14,114)
Accounts receivable (4,889) (799) (1,320)
Deferred rent receivable (9,473) (6,363) (6,566)
Prepaid expenses and other assets (22,424) (10,871) 6,027
Accounts payable 15,703 7,641 (229)
Accrued interest 5,613 (3,983) (5,674)
Other liabilities 22,968 (14,882) 9,983
Net cash provided by operating activities 315,965 317,166 317,724
INVESTING ACTIVITIES      
Investment in properties - acquisitions (1,429,822) (211,894) (233,568)
Investment in properties - other (74,345) (49,682) (75,834)
Investments in and advances to unconsolidated joint ventures (16,185) (1,461) (11,195)
Distributions from unconsolidated joint ventures 13,774 6,009 11,364
Net proceeds from disposition of properties/land 526,949 234,686 390,754
Net proceeds from (advances on) public reimbursement receivable/escrow 9,821 (986) (10,237)
Investment in development in progress (123,879) (199,384) (48,628)
Investment in land held for development (67,326) (67,513) (52,868)
Investment in deferred leasing costs (36,901) (22,444) (26,011)
Net cash used in investing activities (1,197,914) (312,669) (56,223)
FINANCING ACTIVITIES      
Redemption of preferred units (64,500) (221,000) (9,060)
Proceeds from unsecured notes 448,646 700,000 0
Repayments of unsecured notes 0 (230,100) (246,500)
Proceeds from mortgage loans 10,401 34,599 0
Repayments of mortgage loans (10,605) (35,099) (29,860)
Proceeds from credit facility 611,550 839,250 650,500
Repayments on credit facility (703,550) (886,650) (511,100)
Increase in deferred financing costs (5,866) (7,206) (3,023)
Capital contributions 969,468 58,710 44,552
Distributions to partners (249,778) (239,814) (247,022)
Net cash provided by (used in) financing activities 1,005,766 12,690 (351,513)
Net increase (decrease) in cash and cash equivalents 123,817 17,187 (90,012)
Increase (decrease) in cash and cash equivalents related to foreign currency translation 1,241 2,965 (193)
Cash and cash equivalents at beginning of year 38,356 18,204 108,409
Cash and cash equivalents at end of year $ 163,414 $ 38,356 $ 18,204