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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 122,320 $ (51,896) $ 55,338
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 127,906 134,738 150,861
Asset impairments 4,392 11,378 60,628
Amortization of debt issuance costs and other non-cash interest 5,643 7,345 5,519
Expenses associated with debt repayments and refinancing transactions 8,077 56,279 7,141
Deferred income taxes 11,461 99,270 4,945
Loss (gain) on sale of real estate assets (87,728) (38,766) 13,023
Other expenses and non-cash items 7,337 5,830 13,616
Non-cash revenue and other income (3,998) (718) (7,301)
Non-cash equity compensation 17,568 18,733 17,264
Changes in assets and liabilities, net:      
Accounts receivable, prepaid expenses and other assets (35,172) (10,628) 16,769
Accounts payable, accrued expenses and other liabilities (24,223) 31,666 17,727
Net cash provided by operating activities 153,583 263,231 355,530
CASH FLOWS FROM INVESTING ACTIVITIES:      
Expenditures for facility development and expansions (23,119) (18,612) (27,591)
Expenditures for other capital improvements (58,277) (62,272) (56,196)
Acquisitions, net of cash acquired     (8,849)
Net proceeds from sale of assets 157,680 320,754 113,602
Increase in other assets (3,246) (1,447) (7,998)
Net cash provided by investing activities 73,038 238,423 12,968
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of debt and borrowings from credit facility 100,000 740,563 374,000
Scheduled principal repayments (15,064) (35,305) (32,254)
Principal repayments of credit facility   (284,000) (520,000)
Repayment of non-recourse mortgage notes   (161,930) (51,311)
Other repayments of debt (372,346) (516,350)  
Payment of debt defeasance, issuance and other refinancing and related costs (6,402) (64,987) (11,162)
Payment of lease obligations for financing leases (578) (559) (543)
Contingent consideration for acquisition of businesses   (1,000)  
Purchase and retirement of common stock (79,887) (1,639) (3,575)
Dividends paid (886) (2,508) (105,978)
Net cash used in financing activities (375,163) (327,715) (350,823)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (148,542) 173,939 17,675
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 310,707 136,768 119,093
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 162,165 310,707 136,768
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Debt assumed on acquisition of property     52,217
Establishment of right of use assets and lease liabilities 2,096 1,483 116,263
Distributions to non-controlling interest   5,897  
Cash paid during the period for:      
Interest (net of amounts capitalized of $1.0 million, $0.4 million, and $0.5 million in 2022, 2021, and 2020, respectively) 90,815 80,587 88,132
Income taxes paid $ 28,286 $ 36,477 $ 1,322