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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 57,993 $ 73,226
Adjustments to net income:    
Depreciation and amortization 89,970 66,749
Income from discontinued operations (3,077) (39,859)
Amortization of share-based compensation 2,697 3,845
Non-cash rental adjustments (1,942) (1,410)
Amortization of net premiums on mortgages payable (2,385) (1,947)
Amortization of deferred financing costs 2,585 2,139
Gain on sale of real estate (1,271)  
Provisions for impairment on real estate 1,683  
Cash provided by discontinued operations:    
Real estate 470 2,292
Proceeds from sale of real estate 820  
Change in assets and liabilities, other than from the impact of our acquisition of American Realty Capital Trust, Inc., or ARCT    
Accounts receivable and other assets 9,600 (2,943)
Accounts payable, accrued expenses and other liabilities (42,947) (45,818)
Net cash provided by operating activities 114,196 56,274
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of investment properties, net of cash received (603,980) (100,051)
Improvements to real estate, including leasing costs (1,369) (1,678)
Proceeds from sale of real estate:    
Continuing operations 5,772  
Discontinued operations 6,918 59,459
Loans receivable   (9,587)
Restricted escrow deposits for Section 1031 tax-deferred exchanges and pending acquisitions (460) (37,353)
Net cash used in investing activities (593,119) (89,210)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash distributions to common stockholders (113,414) (84,977)
Cash dividends to preferred stockholders (10,482) (10,482)
Borrowings on line of credit 732,800 782,600
Payments on line of credit (120,700) (824,000)
Principal payment on notes payable   (100,000)
Principal payments on mortgages payable (1,797) (1,112)
Proceeds from term loan   70,000
Repayment of ARCT line of credit   (317,207)
Repayment of ARCT term loan   (235,000)
Proceeds from common stock offerings, net   755,495
Distributions to noncontrolling interests (466) (115)
Proceeds from dividend reinvestment and stock purchase plan, net 2,126 811
Other items, including shares withheld upon vesting (5,259) (4,166)
Net cash provided by financing activities 482,808 31,847
Net increase (decrease) in cash and cash equivalents 3,885 (1,089)
Cash and cash equivalents, beginning of period 10,257 5,248
Cash and cash equivalents, end of period $ 14,142 $ 4,159