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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 78,825 $ 83,885
Cash flows from investing activities:    
Sale of investment securities 67,033 118,261
Maturities of investment securities 343 1,737
Purchase of investment securities (56,691) (113,595)
Proceeds from sale or liquidation of long-term investments 1,000 1,254
Purchase of long-term investments (50) (5,000)
Investments in real estate ventures (11,806) (34,857)
Distributions from investments in real estate ventures 17,983 0
Increase in cash surrender value of life insurance policies (393) (1,118)
Decrease (increase) in restricted assets 2,674 (7,934)
Issuance of notes receivable 0 (4,410)
Proceeds from sale of fixed assets 5 3
Capital expenditures (7,615) (5,379)
Pay downs of investment securities 4,926 3,530
Proceeds from sale of preferred securities 0 1,000
Investments in real estate, net (81) (12,502)
Net cash provided by (used in) investing activities 17,328 (59,010)
Cash flows from financing activities:    
Proceeds from issuance of debt 243,282 22
Deferred financing costs (6,600) (625)
Repayments of debt (2,917) (3,374)
Borrowings under revolver 89,695 126,727
Repayments on revolver (80,223) (144,492)
Dividends and distributions on common stock (97,846) (92,778)
Contributions from non-controlling interest 248 0
Distributions to non-controlling interest (7,422) 0
Proceeds from exercise of Vector options 0 1,219
Tax benefit of options exercised 0 384
Net cash provided by (used in) financing activities 138,217 (112,917)
Net increase (decrease) in cash and cash equivalents 234,370 (88,042)
Cash and cash equivalents, beginning of period 240,368 326,365
Cash and cash equivalents, end of period $ 474,738 $ 238,323