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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 38,580 $ 35,235
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 38,355 38,302
Amortization of deferred financing fees and debt discounts 1,456 1,065
Straight line rental income (1,583) (1,833)
Amortization of acquired real estate leases and other intangible assets 722 995
Impairment of assets 721 1,304
Gain on sale of properties (156)  
Equity in losses / (earnings) of an investee 97 (76)
Change in assets and liabilities:    
Restricted cash 2,012 (2,444)
Other assets 3,082 (3,822)
Accrued interest 6,060 5,838
Other liabilities 771 (868)
Cash provided by operating activities 90,117 73,696
Cash flows from investing activities:    
Real estate acquisitions and deposits (50,050) (73,406)
Real estate improvements (17,101) (3,265)
Proceeds from sale of properties 2,400  
Cash used for investing activities (64,751) (76,671)
Cash flows from financing activities:    
Proceeds from issuance of common shares, net   261,859
Proceeds from borrowings on revolving credit facility 90,000  
Repayments of borrowings on revolving credit facility (45,000) (190,000)
Repayment of other debt (3,246) (3,199)
Payment of deferred financing fees   (221)
Distributions to shareholders (73,386) (68,857)
Cash used for financing activities (31,632) (418)
Decrease in cash and cash equivalents (6,266) (3,393)
Cash and cash equivalents at beginning of period 39,233 42,382
Cash and cash equivalents at end of period 32,967 38,989
Supplemental cash flow information:    
Interest paid 21,384 22,660
Income taxes paid 200 81
Non-cash investing activities:    
Acquisitions funded by assumed debt   (12,266)
Non-cash financing activities:    
Assumption of mortgage notes payable   12,266
Issuance of common shares $ 438 $ 582