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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2012
Consolidated Statements of Cash Flows-Supplemental Disclosures

The following table provides supplemental disclosures related to the Consolidated Statements of Cash Flows (in thousands):

 

     Year Ended December 31,  
     2012      2011     2010  

Supplemental cash flow information

       

Total interest costs incurred

   $ 58,074       $ 54,580      $ 43,251   
  

 

 

    

 

 

   

 

 

 

Interest capitalized

   $ 746       $ —        $ —     
  

 

 

    

 

 

   

 

 

 

Interest expense

   $ 57,328       $ 54,580      $ 43,251   
  

 

 

    

 

 

   

 

 

 

Cash paid for interest, net of amounts capitalized (including discontinued operations)

   $ 55,349       $ 52,713      $ 45,634   
  

 

 

    

 

 

   

 

 

 

Cash paid for income taxes

   $ 1,239       $ 172      $ —     
  

 

 

    

 

 

   

 

 

 

Supplemental schedule of noncash investing and financing activities

       

Accounts payable and accrued liabilities for property under development

   $ 4,944       $ 2,396      $ 120   
  

 

 

    

 

 

   

 

 

 

Assumption of debt upon acquisition (Note 2)

   $ —         $ 268,008      $ 133,000   
  

 

 

    

 

 

   

 

 

 

Assumption of notes to affiliates upon acquisition (Note 2)

   $ —         $ 14,824      $ —     
  

 

 

    

 

 

   

 

 

 

Acquisition of working capital deficit, net of cash (Note 2)

   $ —         $ (4,176   $ (1,972
  

 

 

    

 

 

   

 

 

 

Distribution of investment in joint venture not acquired

   $ —         $ 11,480      $ —     
  

 

 

    

 

 

   

 

 

 

Issuance of common shares and units for acquisition of properties

   $ —         $ 33,854      $ —     
  

 

 

    

 

 

   

 

 

 

Notes receivable from affiliate settled in common units

   $ —         $ 21,797      $ —     
  

 

 

    

 

 

   

 

 

 

Notes payable to affiliates settled in common units

   $ —         $ 828      $ —     
  

 

 

    

 

 

   

 

 

 

Reduction to capital for prepaid Offering costs

   $ —         $ 1,974      $ —     
  

 

 

    

 

 

   

 

 

 

Transfer taxes accrued at time of Offering

   $ —         $ 6,556      $ —