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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 40,833 $ 65,603
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 76,798 68,607
Amortization of deferred financing fees and debt discounts 2,068 3,024
Straight line rental income (3,698) (6,062)
Amortization of acquired real estate leases and other intangible assets 1,935 (170)
Loss on early extinguishment of debt 105  
Impairment of assets 33,571 3,071
Equity in earnings of an investee (155) (121)
Change in assets and liabilities:    
Restricted cash (2,973) (2,916)
Other assets 1,135 10,719
Accrued interest (63) (8,966)
Other liabilities 1,376 13,740
Cash provided by operating activities 150,932 146,529
Cash flows from investing activities:    
Real estate acquisitions and deposits (76,006) (123,867)
Real estate improvements (22,669) (20,015)
Principal payments on loan receivable   38,000
Cash used for investing activities (98,675) (105,882)
Cash flows from financing activities:    
Proceeds from issuance of common shares, net 261,813  
Proceeds from borrowings on revolving credit facility 45,000 434,000
Repayments of borrowings on revolving credit facility (205,000) (74,000)
Redemption of senior notes   (225,000)
Repayment of other debt (16,662) (54,889)
Payment of deferred financing fees (248) (294)
Distributions to shareholders (142,206) (123,619)
Cash used for financing activities (57,303) (43,802)
Decrease in cash and cash equivalents (5,046) (3,155)
Cash and cash equivalents at beginning of period 42,382 23,560
Cash and cash equivalents at end of period 37,336 20,405
Supplemental cash flow information:    
Interest paid 57,126 62,951
Income taxes paid 516 378
Non-cash investing activities:    
Acquisitions funded by assumed debt (12,266) (56,789)
Non-cash financing activities:    
Assumption of mortgage notes payable 12,266 56,789
Issuance of common shares $ 929 $ 657