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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Net Income (Loss) Available to Common Stockholders, Diluted $ 122,547 $ 97,411
Operating activities:    
Net income 134,451 109,315
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Gain (Loss) on Extinguishment of Debt (977) 0
Asset Impairment Charges 10,195 0
Gain on sale of real estate (27,465) (2,270)
Gain on insurance recovery (606) (2,012)
Deferred income tax expense (benefit) 684 (620)
Costs associated with loan refinancing or payoff 14 891
Equity in income from joint ventures (51) (298)
Distributions from joint ventures 442 511
Depreciation and amortization 61,225 51,621
Amortization of deferred financing costs 2,981 2,335
Amortization of above and below market leases, net and tenant improvements 14 96
Share-based compensation expense to management and trustees 6,961 5,504
Increase in restricted cash (1,714) (1,665)
Decrease in mortgage notes accrued interest receivable 1,915 728
Decrease (increase) in accounts receivable, net 3,506 (4,327)
Increase in direct financing lease receivable (804) (1,736)
Increase in other assets (2,195) (4,745)
Increase in accounts payable and accrued liabilities (12,280) (931)
Increase in unearned rents and interest 3,974 135
Net cash provided by operating activities 180,270 152,532
Investing activities:    
Acquisition of and investments in rental properties and other assets 197,097 138,788
Proceeds from sale of real estate 130,726 13,129
Investment in mortgage notes receivable (101,721) (65,508)
Proceeds from mortgage note receivable paydown 15,610 63,685
Investment in promissory notes receivable 1,387 0
Proceeds from promissory note receivable paydown 1,599 0
Proceeds from sale of infrastructure related to issuance of revenue bonds 0 43,462
Proceeds from insurance recovery 0 2,211
Proceeds from Sale of Lease Receivables 0 825
Additions to properties under development (196,354) (187,216)
Net cash used by investing activities (348,624) (268,200)
Financing activities:    
Proceeds from long-term debt facilities 915,000 318,000
Principal payments on long-term debt (601,962) (203,116)
Deferred financing fees paid (7,042) (169)
Costs associated with loan refinancing or payoff (cash portion) (6) (472)
Net proceeds from issuance of common shares 68,352 142,279
Impact of stock option exercises, net 0 (717)
Purchase of common shares for treasury (6,729) (4,208)
Dividends paid to shareholders (147,845) (131,701)
Net cash provided by financing activities 219,768 119,896
Effect of exchange rate changes on cash 123 (49)
Net increase in cash and cash equivalents 51,537 4,179
Cash and cash equivalents at beginning of the year 19,335 4,283
Cash and cash equivalents at end of the year 70,872 8,462
Supplemental schedule of non-cash activity:    
Transfer of property under development to rental property 206,115 224,057
Issuance of nonvested shares and restricted share units at fair value, including nonvested shares issued for payment of bonuses 23,983 19,626
Stock Issued During Period, Value, Acquisitions 657,473  
Noncash or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed) 12,083 0
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest 65,623 48,608
Cash paid during the period for income taxes 654 1,116
Interest cost capitalized 5,340 5,051
Decrease (increase) in accrued capital expenditures 9,347 (5,598)
Additional Paid-in Capital [Member]    
Supplemental schedule of non-cash activity:    
Stock Issued During Period, Value, Acquisitions $ 657,384 $ 0