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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net income $ 159,829 $ 193,040
Adjustments to reconcile net income to net cash provided by operating activities    
Non-cash compensation expense 17,809 16,517
Amortization of deferred fees on loans (28,887) (31,594)
Amortization of deferred financing costs and premiums/discount on debt obligations 16,356 15,129
Income from equity investment in unconsolidated subsidiary   (2,192)
Distributions of income from unconsolidated subsidiary   8,167
Gain on investments at fair value   (13,413)
Changes in assets and liabilities, net    
Other assets (219) 8,315
Other liabilities 11,651 (6,405)
Net cash provided by operating activities 176,539 187,564
Cash flows from investing activities    
Origination and fundings of loans receivable (2,314,721) (2,300,636)
Principal collections and sales proceeds from loans receivable and other assets 1,976,271 3,054,821
Origination and exit fees received on loans receivable 38,434 35,388
Receipts under derivative financial instruments 6,115  
Payments under derivative financial instruments (18,115)  
Return of collateral deposited under derivative agreements 8,980  
Collateral deposited under derivative agreements (16,651)  
Net cash (used in) provided by investing activities (319,687) 789,573
Cash flows from financing activities    
Borrowings under secured debt agreements 2,776,058 2,225,895
Repayments under secured debt agreements (2,481,250) (2,988,217)
Proceeds from sale of loan participations 33,193 54,441
Repayment of loan participations (381,310) (92,000)
Payment of deferred financing costs (13,591) (12,564)
Receipts under derivative financial instruments   31,668
Payments under derivative financial instruments   (14,266)
Contributions from non-controlling interests 6,090  
Distributions to non-controlling interests   (20,158)
Net proceeds from issuance of convertible notes 394,074  
Net proceeds from issuance of class A common stock 31 20
Dividends paid on class A common stock (176,195) (174,549)
Net cash provided by (used in) financing activities 157,100 (989,730)
Net increase (decrease) in cash, cash equivalents, and restricted cash 13,952 (12,593)
Cash, cash equivalents, and restricted cash at beginning of period 75,567 106,005
Effects of currency translation on cash, cash equivalents, and restricted cash 4,566 1,526
Cash, cash equivalents, and restricted cash at end of period 94,085 94,938
Supplemental disclosure of cash flows information    
Payments of interest (141,124) (123,564)
Payments of income taxes (220) (131)
Supplemental disclosure of non-cash investing and financing activities    
Dividends declared, not paid (58,793) (58,388)
Loan principal payments held by servicer, net 513 $ 9,515
Consolidation of loans receivable of a VIE 500,000  
Consolidation of securitized debt obligations of a VIE $ (474,620)