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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (109,945) $ 55,424
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 66,796 76,571
Asset impairments 4,174 12,253
Amortization of debt issuance costs and other non-cash interest 3,520 2,740
Expenses associated with debt repayments and refinancing transactions 52,167  
Gain on sale of real estate assets, net (38,766) (2,818)
Deferred income taxes 97,436 1,583
Non-cash revenue and other income 788 (5,544)
Non-cash equity compensation 8,542 8,929
Other expenses and non-cash items 3,077 7,546
Changes in assets and liabilities, net:    
Accounts receivable, prepaid expenses and other assets (20,318) 29,529
Accounts payable, accrued expenses and other liabilities 14,855 (11,939)
Net cash provided by operating activities 82,326 174,274
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for facility development and expansions (8,669) (23,506)
Expenditures for other capital improvements (24,710) (18,512)
Acquisitions, net of cash acquired   (8,849)
Net proceeds from sale of assets 320,653 5,026
Increase in other assets (702) (4,977)
Net cash provided by (used in) investing activities 286,572 (50,818)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt and borrowings from credit facility 510,500 374,000
Scheduled principal repayments (19,521) (15,124)
Principal repayments of credit facility (172,000) (108,000)
Repayment of non-recourse mortgage notes (161,930)  
Repayment of senior notes (425,988)  
Payment of debt defeasance, issuance and other refinancing and related costs (60,449) (891)
Payment of lease obligations for financing leases (276) (271)
Contingent consideration for acquisition of business (1,000)  
Dividends paid (1,613) (105,963)
Purchase and retirement of common stock (1,634) (3,560)
Net cash provided by (used in) financing activities (333,911) 140,191
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 34,987 263,647
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 136,768 119,093
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 171,755 382,740
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Debt assumed on acquisition of property portfolio   52,217
Establishment of right of use assets and lease liabilities 322 62
Cash paid during the period for:    
Interest (net of amounts capitalized of $0.1 million and $0.5 million in 2021 and 2020, respectively) 38,893 45,020
Income taxes paid $ 13,871 $ 1,156