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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
Net income $ 137,961 $ 93,876
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 96,234 84,655
Gain on change in control of interests and sale of real estate (27,513) (11,509)
Early extinguishment of debt 0 19,072
Income from real estate partnerships (41) (626)
Other, net 278 1,825
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Decrease (increase) in accounts receivable 935 (7,765)
(Increase) decrease in prepaid expenses and other assets (1,075) 3,724
Decrease in accounts payable and accrued expenses (3,939) (12,620)
(Decrease) increase in security deposits and other liabilities (3,604) 3,016
Net cash provided by operating activities 199,236 173,648
INVESTING ACTIVITIES    
Acquisition of real estate (129,770) (108,919)
Capital expenditures - development and redevelopment (142,091) (124,916)
Capital expenditures - other (23,594) (20,745)
Proceeds from sale of real estate 0 45,821
Investment in real estate partnerships (2,064) (149)
Distribution from real estate partnership in excess of earnings 3,800 0
Leasing costs (7,188) (8,045)
Repayment of mortgage and other notes receivable, net 5 602
Net cash used in investing activities (300,902) (216,351)
FINANCING ACTIVITIES    
Net borrowings under revolving credit facility, net of costs 41,500 106,500
Issuance of senior notes, net of costs 0 208,644
Redemption and retirement of senior notes 0 (219,228)
Repayment of mortgages, capital leases and notes and other payables (37,233) (13,337)
Issuance of common shares, net of costs 245,221 58,007
Dividends paid to common and preferred shareholders (131,076) (118,721)
Distributions to and redemptions of noncontrolling interests (6,147) (4,938)
Redemption of redeemable noncontrolling interests (13,023) 0
Net cash provided by financing activities 99,242 16,927
Decrease in cash and cash equivalents (2,424) (25,776)
Cash and cash equivalents at beginning of year 21,046 47,951
Cash and cash equivalents at end of period $ 18,622 $ 22,175