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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 97,883 $ (79,933)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 96,218 100,787
Asset impairments 3,513 9,351
Amortization of debt issuance costs and other non-cash interest 4,421 5,614
Expenses associated with debt repayments and refinancing transactions 7,588 52,167
Gain on sale of real estate assets, net (87,149) (38,766)
Deferred income taxes 9,532 93,849
Non-cash revenue and other income (3,155) 35
Non-cash equity compensation 11,707 13,639
Other expenses and non-cash items 4,565 4,357
Changes in assets and liabilities, net:    
Accounts receivable, prepaid expenses and other assets (14,963) 36,278
Accounts payable, accrued expenses and other liabilities (11,971) 86,763
Net cash provided by operating activities 118,189 284,141
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for facility development and expansions (17,249) (14,541)
Expenditures for other capital improvements (33,669) (38,439)
Net proceeds from sale of assets 156,169 320,726
(Increase) decrease in other assets (3,363) 6,777
Net cash provided by investing activities 101,888 274,523
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt 100,000 740,563
Scheduled principal repayments (12,664) (27,409)
Principal repayments of credit facility   (284,000)
Repayment of non-recourse mortgage notes   (161,930)
Other repayments of debt (332,159) (425,988)
Payment of debt defeasance, issuance and other refinancing and related costs (6,402) (64,425)
Payment of lease obligations for financing leases (432) (418)
Contingent consideration for acquisition of business   (1,000)
Purchase and retirement of common stock (79,080) (1,639)
Net cash used in financing activities (331,623) (228,754)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (111,546) 329,910
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 310,707 136,768
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 199,161 466,678
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Establishment of right of use assets and lease liabilities 1,610 621
Distributions to non-controlling interest   5,897
Cash paid during the period for:    
Interest (net of amounts capitalized of $0.8 million and $0.2 million in 2022 and 2021, respectively) 50,840 37,651
Income taxes paid 25,191 23,266
RSU    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid on RSUs $ (886) $ (2,508)