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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 341,329 $ 98,102
Cash flows from investing activities:    
Sale of investment securities 19,555 12,942
Maturities of investment securities 31,574 28,610
Purchase of investment securities (16,867) (44,222)
Proceeds from sale or liquidation of long-term investments 23,407 0
Purchase of long-term investments (5,238) 0
Investments in real estate ventures (3,858) (21,908)
Distributions from investments in real estate ventures 5,172 23,200
Increase in cash surrender value of life insurance policies (751) (789)
Decrease in restricted assets 87 668
Proceeds from sale of fixed assets 0 8
Capital expenditures (6,242) (6,320)
Purchase of subsidiaries 0 (668)
Pay downs of investment securities 415 545
Investments in real estate, net (679) (1,153)
Net cash provided by (used in) investing activities 46,575 (9,087)
Cash flows from financing activities:    
Proceeds from issuance of debt 531 0
Deferred financing costs 0 (33)
Repayments of debt (172,467) (230,771)
Borrowings under revolver 130,641 172,224
Repayments on revolver (165,593) (169,727)
Dividends and distributions on common stock (63,478) (118,748)
Distributions to non-controlling interest (448) (285)
Proceeds from issuance of Vector common stock 52,563 0
Other 5 0
Net cash used in financing activities (218,246) (347,340)
Net increase (decrease) in cash, cash equivalents and restricted cash 169,658 (258,325)
Cash, cash equivalents and restricted cash, beginning of period 379,476 591,729
Cash, cash equivalents and restricted cash, end of period $ 549,134 $ 333,404