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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net income $ 19,287 $ 201,137
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 58,101 55,084
Amortization of debt issuance costs inclusive of settled interest rate swaps 1,441 530
Other amortization 40,120 43,435
Loss on early extinguishment of debt 0 349
General reserve for uncollectible accounts 412 4,865
Stock compensation expense 6,451 5,545
Gain on sale of real estate assets 0 (191,372)
Changes in assets and liabilities:    
Increase in tenant and straight-line rent receivables (6,959) (20,923)
Increase in prepaid expenses and other assets (7,122) (8,464)
(Decrease)/increase in accounts payable and accrued expenses (8,821) 518
Decrease in deferred income (2,718) (124)
Net cash provided by operating activities 100,192 90,580
Cash Flows from Investing Activities:    
Acquisition of real estate assets and intangibles 0 (396,745)
Capitalized expenditures (54,706) (54,952)
Net sales proceeds from wholly-owned properties 0 350,752
Deferred lease costs paid (6,871) (23,072)
Net cash used in investing activities (61,577) (124,017)
Cash Flows from Financing Activities:    
Debt issuance and other costs paid (52) (409)
Proceeds from debt 169,000 840,625
Repayments of debt (125,610) (701,441)
Discount paid due to loan modification 0 (525)
Costs of issuance of common stock (29) 0
Value of shares withheld for payment of taxes related to employee stock compensation (2,936) (2,601)
Repurchases of common stock as part of announced plan (685) 0
Dividends paid and discount on dividend reinvestments (77,817) (79,360)
Net cash (used in)/provided by financing activities (38,129) 56,289
Net increase in cash, cash equivalents, and restricted cash and escrows 486 22,852
Cash, cash equivalents, and restricted cash and escrows, beginning of period 9,214 15,386
Cash, cash equivalents, and restricted cash and escrows, end of period $ 9,700 $ 38,238