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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Current Fiscal Year End Date     --12-31    
Transfer from operating properties to operating properties and related assets held for sale     $ 86,775 $ 0  
Transfer from projects under development to operating properties     3,132 0  
Net income $ 7,951 $ 2,614 15,155 9,748  
Adjustments to reconcile net loss to net cash provided by operating activities:          
(Gain) loss on sale of investment properties, including discontinued operations     (21) 7,867  
Depreciation and amortization, including discontinued operations     70,381 69,354  
Amortization of deferred financing costs     716 604  
Net amortization of stock options and restricted stock     808 1,059  
Effect of certain non-cash adjustments to rental revenues     (15,047) (15,139)  
Income Loss from Unconsolidated Joint Ventures     3,372 3,313  
Operating distributions from unconsolidated joint ventures     1,820 3,165  
Residential Lot Outparcel and Multi Family Cost of Sales Net of Closing Costs Paid     0 255  
Changes in other operating assets and liabilities:          
Change in other receivables and other assets, net     (10,106) (680)  
Change in operating liabilities     (15,311) (7,133)  
Net cash provided by operating activities     45,065 50,053  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Proceeds from investment property sales     9,164 29,050  
Property acquisition, development, and tenant asset expenditures     (73,344) (70,730)  
Investment in unconsolidated joint ventures     (3,443) (7,752)  
Distributions from unconsolidated joint ventures     1,649 4,112  
Change in notes receivable and other assets     772 (2,332)  
Change in restricted cash     (652) (1,094)  
Net cash used in investing activities     (65,854) (48,746)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from credit facility     114,100 213,325  
Repayment of credit facility     (52,300) (172,950)  
Repayment of notes payable     (4,371) (4,617)  
Payments of Financing Costs       3,176 $ 0
Proceeds from the Issuance of Common Stock, including Option Exercises     9 98,519  
Preferred Stock Redemption     0 (94,775)  
Common dividends paid     (34,677) (29,115)  
Preferred dividends paid     0 (2,955)  
Distributions to noncontrolling interests     0 (281)  
Net cash provided by financing activities     22,761 3,975  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS     1,972 5,282  
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD     0 975 975
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,972 6,257 1,972 6,257 $ 0
Interest paid, net of amounts capitalized     15,477 14,256  
Accrued property acquisition, development, and tenant asset expenditures $ 416 $ 999 $ 416 $ 999