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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 104,691 $ 64,075
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 113,944 121,263
Amortization of deferred financing costs and debt discounts as interest 3,009 4,140
Straight line rental income (2,418)  
Security deposits applied to payment shortfalls (24,675) (14,426)
FF&E reserve income and deposits (30,976) (29,648)
Loss on extinguishment of debt   6,720
Loss on asset impairment 7,263 16,384
Equity in (earnings) losses of an investee (83) 52
Other non-cash (income) expense, net (1,325) (1,801)
Changes in assets and liabilities:    
Increase in other assets (7,570) (1,824)
Increase in accounts payable and other liabilities 4,804 2,539
Increase in due to affiliate 218 27
Cash provided by operating activities 166,882 167,501
Cash flows from investing activities:    
Real estate acquisitions and improvements (35,863) (3,493)
FF&E reserve fundings (6,535) (16,997)
Investment in TravelCenters of America common shares (5,690)  
Investment in Affiliates Insurance Company   (43)
Cash used in investing activities (48,088) (20,533)
Cash flows from financing activities:    
Repayment of mortgage note (3,383)  
Repurchase of convertible senior notes   (185,626)
Draws on revolving credit facility 110,000 71,000
Repayments of revolving credit facility (101,000) (33,000)
Distributions to preferred shareholders (14,940) (14,940)
Distributions to common shareholders (111,100) (111,047)
Cash used in financing activities (120,423) (273,613)
Decrease in cash and cash equivalents (1,629) (126,645)
Cash and cash equivalents at beginning of period 4,882 130,399
Cash and cash equivalents at end of period 3,253 3,754
Supplemental cash flow information:    
Cash paid for interest 63,687 70,009
Cash paid for income taxes 1,354 1,596
Non-cash investing activities:    
Property managers' deposits in FF&E reserve 27,268 28,008
Property managers' purchases with FF&E reserve (62,737) (28,562)
Non-cash financing activities:    
Issuance of common shares $ 244 $ 283