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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 12,456 $ 51,700 $ 47,049
Adjustments to reconcile net earnings to net cash flow provided by operating activities:      
Depreciation and amortization expense 10,336 9,738 11,027
Impairment charges 20,226   1,135
Gains on dispositions of real estate (968) (1,705) (5,467)
Deferred rent receivable, net of allowance (453) 96 (763)
Allowance for deferred rent and accounts receivable 28,879 229 120
Amortization of above-market and below-market leases (685) (1,260) (1,217)
Accretion expense 899 775 884
Stock-based employee compensation expense 643 480 390
Changes in assets and liabilities:      
Other receivables, net 228 408 (669)
Net investment in direct financing leases 505 (323) (85)
Accounts receivable, net (14,890) (189) (175)
Prepaid expenses and other assets 130 (483) 339
Environmental remediation costs (1,981) (2,512) (1,676)
Accounts payable and accrued liabilities 5,905 (31) 1,640
Net cash flow provided by operating activities 61,230 56,923 52,532
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property acquisitions and capital expenditures (167,495) (4,725) (55,317)
Proceeds from dispositions of real estate 3,385 2,858 6,939
(Increase) decrease in cash held for property acquisitions (750) 2,665 (1,623)
Issuance of notes and mortgages receivable (31,468)   (300)
Collection of notes and mortgages receivable 2,679 158 155
Net cash flow provided by (used in) investing activities (193,649) 956 (50,146)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under credit agreement 247,253 163,500 79,000
Repayments under credit agreement (140,853) (273,400) (58,050)
Borrowings under term loan agreement     24,500
Repayments under term loan agreement (780) (780) (130)
Payments of cash dividends (63,436) (52,332) (46,834)
Payments of loan origination costs (175)    
Net proceeds from issuance of common stock 91,986 108,205  
Net cash flow provided by (used in) financing activities 133,995 (54,807) (1,514)
Net increase in cash and cash equivalents 1,576 3,072 872
Cash and cash equivalents at beginning of year 6,122 3,050 2,178
Cash and cash equivalents at end of year 7,698 6,122 3,050
Supplemental disclosures of cash flow information      
Interest paid 5,523 4,863 5,046
Income taxes paid, net $ 267 $ 365 $ 467