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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net income $ 66,780 $ 84,882
Operating distributions received from unconsolidated joint ventures 0 10
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 80,004 81,112
Amortization of debt issuance costs net of favorable settlement of interest rate swaps 419 (215)
Other amortization 52,057 42,882
Loss on extinguishment of debt 0 1,665
Stock compensation expense 12,365 6,671
Gain on sale of real estate assets (39,370) (45,186)
Changes in assets and liabilities:    
Increase in tenant and straight-line rent receivables (10,660) (12,361)
Increase in prepaid expenses and other assets (1,958) (8,496)
Decrease in accounts payable and accrued expenses (2,496) (10,377)
Increase/(decrease) in deferred income 1,149 (2,265)
Net cash provided by operating activities 160,243 138,322
Cash Flows from Investing Activities:    
Acquisition of real estate assets and intangibles (326,144) (28,176)
Capitalized expenditures (57,368) (44,998)
Net sales proceeds from wholly-owned properties 180,975 419,554
Note receivable issuance 0 (3,200)
Deferred lease costs paid (16,632) (15,831)
Net cash (used in)/provided by investing activities (219,169) 327,349
Cash Flows from Financing Activities:    
Debt issuance and other costs paid (91) (947)
Proceeds from debt 550,000 820,061
Repayments of debt (358,041) (833,005)
Costs of issuance of common stock (259) 0
Value of shares withheld for payment of taxes related to employee stock compensation (3,295) (2,219)
Repurchases of common stock as part of announced plan (16,899) (266,062)
Dividends paid and discount on dividend reinvestments (106,419) (184,073)
Net cash provided by/(used in) financing activities 64,996 (466,245)
Net increase/(decrease) in cash, cash equivalents, and restricted cash and escrows 6,070 (574)
Cash, cash equivalents, and restricted cash and escrows, beginning of period 6,034 8,755
Cash, cash equivalents, and restricted cash and escrows, end of period $ 12,104 $ 8,181