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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2016
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information

NOTE 19. SUPPLEMENTAL CASH FLOW INFORMATION

 

Our significant noncash investing and financing activities for the years ended December 31, 2016, 2015 and 2014 included the following:

 

We capitalized $25.8 million, $22.7 million and $21.6 million of equity-based compensation expense resulting from our development and leasing activities during 2016, 2015 and 2014, respectively.

 

In 2016, we issued 1.9 million shares of the Parent’s common stock upon redemption of an equal number of common limited partnership units in the Operating Partnership as disclosed in Note 12.

 

We received $135.3 million and $65.3 million of ownership interests in certain unconsolidated entities as a portion of our proceeds from the contribution of properties to these entities during 2016 and 2015, respectively.

 

During 2015, we assumed $290.7 million of secured mortgage debt in connection with the acquisition of real estate properties. Also, as partial consideration for the disposition of some properties acquired during 2015, the buyer assumed debt of $170.1 million.

 

In 2015, common limited partnership units were issued as partial consideration for the acquisition of properties as disclosed in Note 12.

 

See Notes 3, 9 and 12 for information related to the KTR transaction in May 2015.

 

We received $235.1 million of notes receivable backed by real estate in exchange for the disposition of real estate in 2015. See Note 7 for more information on our notes receivable backed by real estate.

 

Holders of our exchangeable senior notes exchanged the majority of their notes into common stock of the Parent in March 2015 as disclosed in Note 9.

 

As partial consideration for properties we contributed to FIBRA Prologis and the conclusion of an unconsolidated co-investment venture during 2014, we received equity valued at $609.7 million and FIBRA Prologis assumed $345.1 million of secured debt. See Note 4 for additional information about this transaction.

 

See Note 3 for information related to acquisitions of controlling interests in our unconsolidated co-investment ventures in 2014.