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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES    
Net income $ 67,300 $ 144,470
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 124,972 118,679
Gain on sale of real estate, net of tax (11,682) (16,197)
Loss from partnerships 5,036 1,053
Other, net 5,240 2,138
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Increase in accounts receivable, net (17,128) (5,325)
Decrease in prepaid expenses and other assets 15,887 7,800
Increase (decrease) in accounts payable and accrued expenses 5,756 (1,493)
Decrease in security deposits and other liabilities (13,999) (8,838)
Net cash provided by operating activities 181,382 242,287
INVESTING ACTIVITIES    
Acquisition of real estate (9,409) (25,176)
Capital expenditures - development and redevelopment (213,181) (133,570)
Capital Expenditures - Other (30,388) (36,669)
Costs associated with property sold under threat of condemnation (12,924) 0
Proceeds from sale of real estate 17,015 93,025
Investment in partnerships (917) (907)
Distribution from partnerships in excess of earnings 849 1,301
Leasing costs (7,923) (11,473)
(Issuance) repayment of mortgage and other notes receivable, net (320) 101
Net cash used in investing activities (257,198) (113,368)
FINANCING ACTIVITIES    
Costs to amend revolving credit facility (638) 0
Issuance of senior notes, net of costs 700,085 297,076
Issuance of notes payable, net of costs 398,732 0
Repayment of mortgages, finance leases and notes payable (3,264) (298,100)
Issuance of common shares, net of costs 97 68,461
Dividends paid to common and preferred shareholders (161,874) (154,965)
Shares withheld for employee taxes (3,997) (4,442)
Contributions from noncontrolling interests 0 161
Distributions to and redemptions of noncontrolling interests (5,702) (5,173)
Net cash provided by (used in) financing activities 923,439 (96,982)
Increase in cash, cash equivalents and restricted cash 847,623 31,937
Cash, cash equivalents, and restricted cash at beginning of year 153,614 108,332
Cash, cash equivalents, and restricted cash at end of period $ 1,001,237 $ 140,269