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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from investing activities:    
Payments for Deposits on Real Estate Acquisitions $ (1,300)  
Proceeds from sale of real estate investments 34,321 $ 3,414
Cash flows from financing activities:    
Net proceeds from common stock issuance 12,584 1,173
Parent Company [Member]    
Cash flows from operating activities:    
Net income 53,577 30,992
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 38,716 35,992
Amortization of deferred loan cost and debt premium 2,353 2,447
Amortization and (accretion) of above and below market lease intangibles, net (351) (521)
Share-based Compensation 2,621 2,900
Stock-based compensation, net of capitalization 814 701
Equity in income of investments in real estate partnerships (12,920) (5,567)
Gain on sale of real estate (12,868) (803)
Provision for impairment (1,666) 0
Early extinguishment of debt 0 61
Distribution of earnings from operations of investments in real estate partnerships (13,840) (12,301)
Deferred compensation expense (148) 631
Realized and unrealized loss (gain) on investments 155 (634)
Increase (Decrease) in Restricted Cash for Operating Activities 109 (1,415)
Changes in assets and liabilities:    
Accounts receivable (3,613) (7,827)
Straight-line rent receivables, net (1,848) (1,877)
Deferred leasing costs (2,903) (1,816)
Other assets (746) (1,137)
Accounts payable and other liabilities (7,286) (13,101)
Tenants’ security, escrow deposits and prepaid rent (1,301) 1,124
Net cash provided by operating activities 68,835 54,458
Cash flows from investing activities:    
Acquisition of operating real estate (16,483) 0
Payments for Deposits on Real Estate Acquisitions 0 (4,000)
Real estate development and capital improvements (38,289) (55,047)
Proceeds from sale of real estate investments 32,261 3,414
Investments in real estate partnerships (2,438) (1,344)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 18,296 2,717
Dividends on investments 59 31
Acquisition of securities (41,946) (3,726)
Proceeds from sale of securities 41,207 2,868
Net cash used in investing activities (7,333) (55,087)
Cash flows from financing activities:    
Net proceeds from common stock issuance 12,293 992
Proceeds from sale of treasury stock 904 0
Distributions to limited partners in consolidated partnerships, net (1,707) (1,050)
Distributions to exchangeable operating partnership unit holders (77) (76)
Dividends paid to common stockholders (48,510) (45,273)
Dividends paid to preferred stockholders (5,266) (5,266)
Proceeds from unsecured credit facilities 10,000 40,000
Repayment of unsecured credit facilities (10,000) (10,000)
Proceeds from notes payable 0 1,351
Repayments of Notes Payable 27,281 55,777
Scheduled principal payments (1,572) (1,481)
Payment of loan costs (5) (78)
Net cash used in financing activities (71,221) (76,658)
Net decrease in cash and cash equivalents (9,719) (77,287)
Cash and cash equivalents at beginning of the period 36,856 113,776
Cash and cash equivalents at end of the period 27,137 36,489
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of capitalized interest of $973 and $2,059 in 2016 and 2015, respectively) 7,611 17,964
Income Taxes Paid 0 697
Supplemental disclosure of non-cash transactions:    
Change in fair value of derivative instruments (16,785) (13,882)
Common stock issued for dividend reinvestment plan 292 374
Contributions from limited partners in consolidated partnerships, net 8,362 13
Common stock issued for dividend reinvestment in trust 190 214
Contribution of stock awards into trust 958 1,042
Distribution of stock held in trust 1,807 0
Unrealized Gain (Loss) on Securities (36) 0
Partnership Interest [Member]    
Cash flows from operating activities:    
Net income 53,577 30,992
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 38,716 35,992
Amortization of deferred loan cost and debt premium 2,353 2,447
Amortization and (accretion) of above and below market lease intangibles, net (351) (521)
Share-based Compensation 2,621 2,900
Stock-based compensation, net of capitalization 814 701
Equity in income of investments in real estate partnerships (12,920) (5,567)
Gain on sale of real estate (12,868) (803)
Provision for impairment (1,666) 0
Early extinguishment of debt 0 61
Distribution of earnings from operations of investments in real estate partnerships (13,840) (12,301)
Deferred compensation expense (148) 631
Realized and unrealized loss (gain) on investments 155 (634)
Increase (Decrease) in Restricted Cash for Operating Activities 109 (1,415)
Changes in assets and liabilities:    
Accounts receivable (3,613) (7,827)
Straight-line rent receivables, net (1,848) (1,877)
Deferred leasing costs (2,903) (1,816)
Other assets (746) (1,137)
Accounts payable and other liabilities (7,286) (13,101)
Tenants’ security, escrow deposits and prepaid rent (1,301) 1,124
Net cash provided by operating activities 68,835 54,458
Cash flows from investing activities:    
Acquisition of operating real estate (16,483) 0
Payments for Deposits on Real Estate Acquisitions 0 (4,000)
Real estate development and capital improvements (38,289) (55,047)
Proceeds from sale of real estate investments 32,261 3,414
Investments in real estate partnerships (2,438) (1,344)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 18,296 2,717
Dividends on investments 59 31
Acquisition of securities (41,946) (3,726)
Proceeds from sale of securities 41,207 2,868
Net cash used in investing activities (7,333) (55,087)
Cash flows from financing activities:    
Net proceeds from common units issued as a result of common stock issued by Parent Company 12,293 992
Proceeds from sale of treasury stock 904 0
Distributions to limited partners in consolidated partnerships, net (1,707) (1,050)
Dividends paid to common stockholders (48,587) (45,349)
Dividends paid to preferred stockholders (5,266) (5,266)
Proceeds from unsecured credit facilities 10,000 40,000
Repayment of unsecured credit facilities (10,000) (10,000)
Proceeds from notes payable 0 1,351
Repayments of Notes Payable 27,281 55,777
Scheduled principal payments (1,572) (1,481)
Payment of loan costs (5) (78)
Net cash used in financing activities (71,221) (76,658)
Net decrease in cash and cash equivalents (9,719) (77,287)
Cash and cash equivalents at beginning of the period 36,856 113,776
Cash and cash equivalents at end of the period 27,137 36,489
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of capitalized interest of $973 and $2,059 in 2016 and 2015, respectively) 7,611 17,964
Income Taxes Paid 0 697
Supplemental disclosure of non-cash transactions:    
Change in fair value of derivative instruments (16,785) (13,882)
Common stock issued for dividend reinvestment plan 292 374
Contributions from limited partners in consolidated partnerships, net 8,362 13
Non-controlling interest recorded, fair value 0 0
Common stock issued for dividend reinvestment in trust 190 214
Contribution of stock awards into trust 958 1,042
Distribution of stock held in trust 1,807 0
Unrealized Gain (Loss) on Securities $ (36) $ 0