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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities    
Net income $ 16,705 $ 7,888
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 39,227 41,418
Amortization of deferred finance costs and debt premiums and discount 220 1,220
Amortization of acquired above- and below-market leases, net (4,231) (5,291)
Amortization of acquired below-market ground leases 1,957 1,958
Straight-lining of rental revenue (5,081) (4,102)
Equity based compensation 2,097 1,694
Increase (decrease) in cash flows due to changes in operating assets and liabilities:    
Restricted cash 1,474 3,179
Tenant and other receivables 3,954 10,986
Deferred leasing costs (6,335) (16,396)
Prepaid expenses and other assets 20,553 17,789
Accounts payable and accrued expenses (6,415) (6,057)
Deferred revenue and other liabilities (4,586) (6,905)
Net cash provided by operating activities 59,539 47,381
Cash Flows From Investing Activities    
Decrease in restricted cash for investing activities 5,081 28
Development costs (433) (346)
Additions to building and improvements (28,752) (27,717)
Net cash used in investing activities (24,104) (28,035)
Cash Flows From Financing Activities    
Proceeds from mortgage notes payable 50,000 0
Repayment of mortgage notes payable (23,252) (47,084)
Proceeds from unsecured revolving credit facility 0 495,000
Repayments of unsecured revolving credit facility (40,000) (330,000)
Repayments of term loan and credit facility 0 (470,000)
Proceeds from senior unsecured notes 0 350,000
Deferred financing costs (1,286) (3,558)
Private perpetual preferred unit distributions (234) (234)
Dividends paid to common stockholders (10,318) (9,406)
Distributions paid to non-controlling interests in the operating partnership (12,590) (13,333)
Net cash used in financing activities (37,680) (28,615)
Net decrease in cash and cash equivalents (2,245) (9,269)
Cash and cash equivalents—beginning of period 46,685 45,732
Cash and cash equivalents—end of period 44,440 36,463
Supplemental disclosures of cash flow information:    
Cash paid for interest 18,909 15,742
Cash paid for income taxes 657 1,434
Non-cash investing and financing activities:    
Building and improvements included in accounts payable and accrued expenses 45,594 47,533
Derivative instruments at fair values included in accounts payable and accrued expenses 19,371 0
Conversion of operating partnership units and Class B shares to Class A shares $ 6,863 $ 19,538