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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net income $ 152,339 $ 33,677
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 202,160 190,603
Impairment charge 0 57,218
Gain on sale of real estate and change in control of interest (17,428) (11,682)
Loss from partnerships 86 6,657
Other, net 3,460 5,158
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Decrease (increase) in accounts receivable, net 4,857 (11,537)
Increase in prepaid expenses and other assets (6,004) (7,672)
Increase in accounts payable and accrued expenses 15,505 14,708
Increase (decrease) in security deposits and other liabilities 11,061 (8,708)
Net cash provided by operating activities 366,036 268,422
INVESTING ACTIVITIES    
Acquisition of real estate (366,466) (9,589)
Capital expenditures - development and redevelopment (282,833) (302,666)
Capital expenditures - other (48,693) (46,530)
Costs associated with property sold under threat of condemnation, net 0 (12,924)
Proceeds from sale of real estate 19,896 18,096
Investment in partnerships (2,657) (1,607)
Distribution from partnerships in excess of earnings 1,868 849
Leasing costs (14,079) (8,668)
Repayment (issuance) of mortgage and other notes receivable, net 31,122 (10,533)
Net cash used in investing activities (661,842) (373,572)
FINANCING ACTIVITIES    
Costs to amend line of credit facility 0 (638)
Issuance of senior notes, net of costs 0 700,069
Issuance of notes payable, net of costs 0 398,742
Repayment of mortgages, finance leases and notes payable (160,307) (4,846)
Issuance of common shares, net of costs 87,279 170
Dividends paid to common and preferred shareholders (250,849) (242,853)
Shares withheld for employee taxes (2,939) (4,035)
Contributions from noncontrolling interests 104 0
Distributions to and redemptions of noncontrolling interests (6,473) (6,634)
Net cash (used in) provided by financing activities (333,185) 839,975
(Decrease) increase in cash, cash equivalents and restricted cash (628,991) 734,825
Cash, cash equivalents, and restricted cash at beginning of year 816,896 153,614
Cash, cash equivalents, and restricted cash at end of period $ 187,905 $ 888,439