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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 19,295 $ 158,731
Adjustments to reconcile net income to cash used in operating activities:    
Depreciation 84,083 60,834
Amortization 12,110 10,412
Amortization of deferred financing costs 4,306 5,385
Amortization of intangibles other than in-place leases (1,071) (1,333)
Straight-line rent amortization (6,625) (6,668)
Deferred income taxes 33,484 102,088
Restricted stock and stock option amortization 4,954 6,324
Gains on sales of properties (32,452) (140,549)
Gain on acquisition of joint venture partner's interest (5,490) (27,087)
Warrant liability loss (gain) 43,443 21,630
Loss on redemption of senior notes due 2021 46,410  
Equity in earnings from Real Estate and Other Affiliates, net of distributions (20,200) (21,952)
Provision for doubtful accounts 1,728 4,629
Master Planned Community land acquisitions (1,415) (69)
Master Planned Community development expenditures (136,745) (106,501)
Master Planned Community cost of sales 78,424 60,600
Condominium development expenditures (293,183) (245,547)
Condominium rights and unit cost of sales 253,209 237,759
Provision for impairment   35,734
Percentage of completion revenue recognition from sale of condominium rights and unit sales (342,208) (362,613)
Net changes:    
Accounts receivable 1,602 (33)
Prepaid expenses and other assets (11,143) (753)
Condominium deposits received 250,352 440,076
Deferred expenses (11,215) (3,349)
Accounts payable and accrued expenses (36,607) (19,019)
Condominium deposits held in escrow (250,352) (440,076)
Condominium deposits released from escrow 187,540 17,574
Other, net 245 (4,510)
Cash used in operating activities (127,521) (218,283)
Cash Flows from Investing Activities:    
Property and equipment expenditures (5,936) (8,649)
Operating property improvements (12,591) (12,184)
Property developments and redevelopments (258,850) (301,843)
Acquisition of partner's interest in Las Vegas 51s (15,404)  
Proceeds for reimbursement of development costs 11,165 4,945
Proceeds from sales of properties 36,560 378,257
Proceeds from insurance claims   3,107
Acquisition of partner's interest in Millennium Six Pines Apartments (net of cash acquired)   (3,105)
Distributions from Real Estate and Other Affiliates   16,550
Note issued to Real Estate Affiliate   (25,000)
Proceeds from repayment of note to Real Estate Affiliate   25,000
Investments in Real Estate and Other Affiliates, net (3,579) (10,947)
Change in restricted cash (3,854) (215)
Cash (used in) provided by investing activities (252,489) 65,916
Cash Flows from Financing Activities:    
Proceeds from mortgages, notes and loans payable 1,433,437 422,661
Principal payments on mortgages, notes and loans payable (1,130,337) (62,996)
Premium paid to redeem 2021 senior notes (39,966)  
Preferred dividend payment on behalf of REIT subsidiary (12) (23)
Special Improvement District bond funds released from (held in) escrow 6,099 6,258
Deferred financing costs (13,305) (4,678)
Taxes paid on stock options exercised and restricted stock vested (9,201) (1,295)
Stock options exercised 19,719 180
Issuance of management warrants 50,000  
Cash provided by financing activities 316,434 360,107
Net change in cash and cash equivalents (63,576) 207,740
Cash and cash equivalents at beginning of period 665,510 445,301
Cash and cash equivalents at end of period 601,934 653,041
Supplemental Disclosure of Cash Flow Information:    
Interest paid 110,034 77,666
Interest capitalized 55,895 46,198
Income taxes paid (12,419) 6,234
Non-Cash Transactions:    
Exercise of Sponsor and Management Warrants 375,613  
Special Improvement District bond transfers associated with land sales 9,864 5,528
Accrued interest on construction loan borrowing 4,978 3,748
Capitalized stock compensation 584 2,008
Millennium Six Pines Apartments    
Acquisitions    
Land   (11,225)
Building   (54,492)
Other assets   (1,261)
Mortgages, notes and loans payable   37,700
Other liabilities   $ (913)
Summerlin Las Vegas Baseball Club LLC [Member]    
Acquisitions    
Building 87  
Developments 65  
Accounts receivable 633  
Other assets 33,313  
Other liabilities $ (2,294)