XML 44 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net loss $ (138,352) $ (5,042)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Issuance of operating partnership units for payment of fees 108,247 0
Depreciation 20,157 2,927
Amortization of intangible lease assets 4,952 608
Amortization of deferred costs 1,222 222
Amortization of above-market lease asset 63 0
Loss on held for sale properties (14) 323
Allocated Share-based Compensation Expense 3,255 146
Loss on derivative instruments 5 0
Gain on Sale of Investments (451) 0
Changes in assets and liabilities:    
Prepaid expenses and other assets (3,614) (2,099)
Accounts payable and accrued expenses (3,178) 191
Deferred rent and other liabilities 934 115
Net cash used in operating activities (6,774) (2,609)
Cash flows from investing activities:    
Investments in real estate and other assets (262,296) (204,419)
Payments to Acquire Other Investments (1,041) 0
Payments Of Deposits and Prepaid Acquisition And Transaction Related Costs (3,036) 0
Payments to Acquire Investments (2,004) 0
Purchase of investment securities 44,198 0
Net cash used in investing activities (224,179) (204,419)
Cash flows from financing activities:    
Proceeds from mortgage notes payable 0 76,106
Proceeds from Secured Lines of Credit 0 7,192
Proceeds from (Repayments of) Lines of Credit (124,604) 0
Proceeds from senior secured revolving credit facility 675,000 0
Payments on senior secured revolving credit facility (35,000) 0
Payments of deferred financing costs (24,582) (9,828)
Common stock repurchases (350,522) (25)
Proceeds from issuances of common stock 27,543 184,811
Payments of offering costs and fees related to stock issuances (507) (69)
Proceeds from Contributions from Affiliates (3,035) 0
Contributions from non-controlling interest holders 750 0
Distributions to non-controlling interest holders (921) (68)
Distributions paid (37,451) (2,640)
Restricted cash (179) (463)
Net cash provided by financing activities 126,492 255,016
Net change in cash and cash equivalents (104,461) 47,988
Cash and cash equivalents, beginning of period 156,873 19,331
Cash and cash equivalents, end of period 52,412 67,319
Supplemental Disclosures:    
Cash paid for interest 1,363 784
Cash paid for income taxes 201 15
Common stock issued through distribution reinvestment plan 4,895 922
Reclassification of deferred offering costs $ 0 $ 5,875