Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Impact on Financial Statements from Adopting New Accounting Guidance

The following table illustrates changes in the Company’s cash flows as reported and as previously reported prior to the adoption of the Cash Flow ASUs during the fourth quarter of 2017 (in thousands):



	Three Months Ended March 31, 2017
	As Reported		As Previously Reported
Net cash provided by (used in) investing activities	$	1,733,763	$	1,715,217
Net increase (decrease) in balance⁽¹⁾	687,930		669,384
Balance - beginning of period⁽¹⁾	136,990		94,730
Balance - end of period⁽¹⁾	824,920		764,114

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(1)	Amounts in the As Reported column include cash and cash equivalents and restricted cash as required upon the adoption of the Cash Flow ASUs. Amounts in the As Previously Reported column reflect only cash and cash equivalents.

The following table illustrates changes in the Company’s consolidated balance sheet as reported and as it would have been reported prior to the adoption of the Revenue ASUs as of March 31, 2018 (in thousands):



	March 31, 2018
	As Reported	As Would Have Been Reported Prior to Adoption
Investments in and advances to unconsolidated joint ventures	863,775	792,291
Other assets, net	583,261	586,066
Deferred revenue	167,975	178,440
Total stockholders' equity	5,206,291	5,127,147