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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (79,933) $ 82,141
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 100,787 114,436
Asset impairments 9,351 13,058
Amortization of debt issuance costs and other non-cash interest 5,614 4,136
Expenses associated with debt repayments and refinancing transactions 52,167  
Gain on sale of real estate assets, net (38,766) (4,920)
Deferred income taxes 93,849 4,475
Non-cash revenue and other income 35 (7,673)
Non-cash equity compensation 13,639 13,011
Other expenses and non-cash items 4,357 10,626
Changes in assets and liabilities, net:    
Accounts receivable, prepaid expenses and other assets 36,278 15,179
Accounts payable, accrued expenses and other liabilities 86,763 37,044
Net cash provided by operating activities 284,141 281,513
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for facility development and expansions (14,541) (26,566)
Expenditures for other capital improvements (38,439) (33,545)
Acquisitions, net of cash acquired   (8,849)
Net proceeds from sale of assets 320,726 13,321
Decrease (increase) in other assets 6,777 (7,751)
Net cash provided by (used in) investing activities 274,523 (63,390)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt and borrowings from credit facility 740,563 374,000
Scheduled principal repayments (27,409) (23,669)
Principal repayments of credit facility (284,000) (283,000)
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 (64,425) (903)
Payment of lease obligations for financing leases (418) (407)
Contingent consideration for acquisition of business (1,000)  
Dividends paid (2,508) (105,973)
Purchase and retirement of common stock (1,639) (3,575)
Net cash used in financing activities (228,754) (43,527)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 329,910 174,596
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 136,768 119,093
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 466,678 293,689
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Debt assumed on acquisition of property portfolio   52,217
Establishment of right of use assets and lease liabilities 621 116,092
Distributions to non-controlling interest 5,897  
Cash paid during the period for:    
Interest (net of amounts capitalized of $0.2 million and $0.5 million in 2021 and 2020, respectively) 37,651 56,430
Income taxes paid $ 23,266 $ 1,252