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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 454,889 $ 361,775 $ 363,261
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (including amounts in discontinued operations) 769,881 764,775 459,704
Amortization of deferred revenue and lease intangibles, net (15,793) (17,118) (12,159)
Other non-cash amortization (16,745) (39,943) (13,163)
Stock-based compensation 20,653 20,784 19,346
Straight-lining of rental income, net (30,540) (24,042) (14,885)
Loss on extinguishment of debt, net 1,048 37,640 27,604
Gain on real estate dispositions, net (including amounts in discontinued operations) (3,617) (80,952) 0
Gain on real estate loan investments (5,056) (5,230) (3,255)
Gain on sale of marketable securities (856) 0 (733)
Income tax benefit (including amounts in discontinued operations) (11,828) (6,286) (31,137)
Loss (income) from unconsolidated entities 1,748 (1,509) 52
Gain on re-measurement of equity interest upon acquisition, net (1,241) (16,645) 0
Other 8,407 10,414 7,405
Changes in operating assets and liabilities:      
(Increase) decrease in other assets (690) 3,756 424
Increase (decrease) in accrued interest 6,806 9,969 (9,150)
Decrease (increase) in accounts payable and other liabilities 17,689 (24,572) (20,117)
Net cash provided by operating activities 1,194,755 992,816 773,197
Cash flows from investing activities:      
Net investment in real estate property (1,437,002) (1,453,065) (531,605)
Purchase of private investment funds 0 (276,419) 0
Purchase of noncontrolling interest (14,331) (3,934) (3,319)
Investment in loans receivable and other (37,963) (452,558) (628,133)
Proceeds from real estate disposals 35,591 149,045 20,618
Proceeds from loans receivable 325,518 43,219 220,179
Proceeds from sale or maturity of marketable securities 5,493 37,500 23,050
Funds held in escrow for future development expenditures 19,458 (28,050) 0
Development project expenditures (95,741) (114,002) (47,591)
Capital expenditures (81,614) (69,430) (50,473)
Other (2,169) (1,995) (165)
Net cash used in investing activities (1,282,760) (2,169,689) (997,439)
Cash flows from financing activities:      
Net change in borrowings under credit facilities (164,029) 84,938 537,452
Proceeds from debt 2,767,546 2,710,405 1,343,640
Repayment of debt (1,792,492) (1,193,023) (1,388,962)
Payment of deferred financing costs (31,277) (23,770) (20,040)
Issuance of common stock, net 141,343 342,469 299,847
Cash distribution to common stockholders (802,123) (728,546) (521,046)
Cash distribution to redeemable OP unitholders (5,040) (4,446) (2,359)
Purchases of redeemable OP units (659) (4,601) (185)
Contributions from noncontrolling interest 2,395 38 2
Distributions to noncontrolling interest (9,286) (5,215) (2,556)
Other 8,618 20,665 2,489
Net cash provided by financing activities 114,996 1,198,914 248,282
Net increase in cash and cash equivalents 26,991 22,041 24,040
Effect of foreign currency translation on cash and cash equivalents (83) 60 (45)
Cash and cash equivalents at beginning of period 67,908 45,807 21,812
Cash and cash equivalents at end of period 94,816 67,908 45,807
Supplemental disclosure of cash flow information:      
Interest paid including swap payments and receipts 338,311 329,655 257,175
Assets and liabilities assumed from acquisitions:      
Real Estate Investments 223,955 582,694 10,973,093
Utilization of funds held for an Internal Revenue Code Section 1031 exchange 0 (134,003) 0
Other Assets Acquired 6,635 77,730 594,176
Debt assumed 183,848 412,825 3,651,089
Other Liabilities Assumed 29,868 70,391 952,279
Deferred income tax liability 5,181 4,299 43,889
Redeemable OP unitholder interests 0 0 100,888
Noncontrolling interests 11,693 34,580 81,192
Equity issued 0 4,326 6,737,932
Debt Transferred on the Sale of Assets $ 0 $ 14,535 $ 0