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Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities    
Net income $ 156,612,000 $ 30,337,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 93,680,000 85,146,000
Equity in net income from unconsolidated joint ventures (6,128,000) (5,073,000)
Distributions of cumulative earnings from unconsolidated joint ventures 7,669,000 6,901,000
Equity in net gain on sale of interest in unconsolidated joint venture interest/real estate (104,640,000) 0
Gain on sale of discontinued operations 0 (1,113,000)
(Gain) loss on early extinguishment of debt (3,000) 10,958,000
Deferred rents receivable (11,133,000) (13,923,000)
Other non-cash adjustments (12,792,000) (24,028,000)
Changes in operating assets and liabilities:    
Restricted cash—operations (10,520,000) 5,447,000
Tenant and other receivables 11,899,000 7,409,000
Related party receivables (11,885,000) (3,638,000)
Deferred lease costs (4,476,000) (4,646,000)
Other assets (32,949,000) (21,185,000)
Accounts payable, accrued expenses and other liabilities and security deposits (1,821,000) 869,000
Deferred revenue and deferred land leases payable 14,635,000 16,095,000
Net cash provided by operating activities 88,148,000 89,556,000
Investing Activities    
Acquisitions of real estate property 0 (48,500,000)
Additions to land, buildings and improvements (48,213,000) (11,617,000)
Escrowed cash—capital improvements/acquisition deposits (34,861,000) 191,000
Investments in unconsolidated joint ventures (18,966,000) (49,996,000)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 72,558,000 5,333,000
Net proceeds from disposition of real estate/joint venture interest 109,196,000 5,852,000
Other investments (1,573,000) (10,146,000)
Origination of debt and preferred equity investments (150,464,000) (195,004,000)
Repayments or redemption of debt and preferred equity investments 522,000 134,811,000
Net cash used in investing activities (71,801,000) (169,076,000)
Financing Activities    
Proceeds from mortgages and other loans payable 121,216,000 980,333,000
Repayments of mortgages and other loans payable (10,772,000) (780,332,000)
Proceeds from revolving credit facility, term loan and senior unsecured notes 603,000,000 155,000,000
Repayments of revolving credit facility, term loan and senior unsecured notes (440,690,000) (199,960,000)
Proceeds from stock options exercised and DRIP issuance 8,992,000 4,546,000
Net proceeds from sale of common stock 24,000 (24,000)
Net proceeds from sale of preferred stock 0 (33,000)
Distributions to noncontrolling interests in other partnerships (1,586,000) (4,879,000)
Contributions from noncontrolling interests in other partnerships 517,000 3,110,000
Distributions to noncontrolling interests in the Operating Partnership (1,500,000) (853,000)
Dividends paid on common and preferred stock (51,652,000) (38,591,000)
Deferred loan costs and capitalized lease obligation (3,426,000) (8,677,000)
Net cash provided by financing activities 224,123,000 109,640,000
Net increase in cash and cash equivalents 240,470,000 30,120,000
Cash and cash equivalents at beginning of period 206,692,000 189,984,000
Cash and cash equivalents at end of period 447,162,000 220,104,000
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Issuance of common stock as deferred compensation 1,295,000 0
Issuance of units in the Operating Partnership 17,314,000 777,000
Redemption of units in the Operating Partnership 16,583,000 17,287,000
Derivative instruments at fair value 110,000 128,000
Tenant improvements and capital expenditures payable 9,898,000 9,136,000
Fair value adjustment to noncontrolling interest in the Operating Partnership 29,464,000 24,016,000
Capital leased asset 0 6,839,000
Transfer to net assets held for sale 63,925,000 0
Transfer to liabilities related to net assets held for sale 49,704,000 0
Transfer of financing receivable to debt investment 19,675,000 0
SL Green Operating Partnership
   
Operating Activities    
Net income 156,612,000 30,337,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 93,680,000 85,146,000
Equity in net income from unconsolidated joint ventures (6,128,000) (5,073,000)
Distributions of cumulative earnings from unconsolidated joint ventures 7,669,000 6,901,000
Equity in net gain on sale of interest in unconsolidated joint venture interest/real estate (104,640,000) 0
Gain on sale of discontinued operations 0 (1,113,000)
(Gain) loss on early extinguishment of debt (3,000) 10,958,000
Deferred rents receivable (11,133,000) (13,923,000)
Other non-cash adjustments (12,792,000) (24,028,000)
Changes in operating assets and liabilities:    
Restricted cash—operations (10,520,000) 5,447,000
Tenant and other receivables 11,899,000 7,409,000
Related party receivables (11,885,000) (3,638,000)
Deferred lease costs (4,476,000) (4,646,000)
Other assets (32,949,000) (21,185,000)
Accounts payable, accrued expenses and other liabilities and security deposits (1,821,000) 869,000
Deferred revenue and deferred land leases payable 14,635,000 16,095,000
Net cash provided by operating activities 88,148,000 89,556,000
Investing Activities    
Acquisitions of real estate property 0 (48,500,000)
Additions to land, buildings and improvements (48,213,000) (11,617,000)
Escrowed cash—capital improvements/acquisition deposits (34,861,000) 191,000
Investments in unconsolidated joint ventures (18,966,000) (49,996,000)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 72,558,000 5,333,000
Net proceeds from disposition of real estate/joint venture interest 109,196,000 5,852,000
Other investments (1,573,000) (10,146,000)
Origination of debt and preferred equity investments (150,464,000) (195,004,000)
Repayments or redemption of debt and preferred equity investments 522,000 134,811,000
Net cash used in investing activities (71,801,000) (169,076,000)
Financing Activities    
Proceeds from mortgages and other loans payable 121,216,000 980,333,000
Repayments of mortgages and other loans payable (10,772,000) (780,332,000)
Proceeds from revolving credit facility, term loan and senior unsecured notes 603,000,000 155,000,000
Repayments of revolving credit facility, term loan and senior unsecured notes (440,690,000) (199,960,000)
Proceeds from stock options exercised and DRIP issuance 8,992,000 4,546,000
Net proceeds from sale of common stock 24,000 (24,000)
Net proceeds from sale of preferred stock 0 (33,000)
Distributions to noncontrolling interests in other partnerships (1,586,000) (4,879,000)
Contributions from noncontrolling interests in other partnerships 517,000 3,110,000
Dividends paid on common and preferred stock (53,152,000) (39,444,000)
Deferred loan costs and capitalized lease obligation (3,426,000) (8,677,000)
Net cash provided by financing activities 224,123,000 109,640,000
Net increase in cash and cash equivalents 240,470,000 30,120,000
Cash and cash equivalents at beginning of period 206,692,000 189,984,000
Cash and cash equivalents at end of period 447,162,000 220,104,000
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Issuance of common stock as deferred compensation 1,295,000 0
Issuance of units in the Operating Partnership 17,314,000 777,000
Redemption of units in the Operating Partnership 16,583,000 17,287,000
Derivative instruments at fair value 110,000 128,000
Tenant improvements and capital expenditures payable 9,898,000 9,136,000
Capital leased asset 0 6,839,000
Transfer to net assets held for sale 63,925,000 0
Transfer to liabilities related to net assets held for sale 49,704,000 0
Transfer of financing receivable to debt investment $ 19,675,000 $ 0