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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 116,591 $ 269,319
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of buildings and tenant improvements 131,878 126,039
Amortization of deferred leasing and other costs 27,118 27,322
Amortization of deferred financing costs 3,121 2,840
Straight-line rental income and expense, net (10,466) (10,931)
Loss on debt extinguishment 13 151
Gain on involuntary conversion (2,259) 0
Gains on land and depreciated property sales (33,383) (201,175)
Third-party construction contracts, net 15,645 (5,122)
Other accrued revenues and expenses, net 10,021 24,760
Equity in earnings (in excess of) or less than operating distributions received from unconsolidated joint ventures (487) (2,585)
Net cash provided by operating activities 257,792 230,618
Cash flows from investing activities:    
Development of real estate investments (205,315) (227,186)
Acquisition of real estate investments and related intangible assets (108,201) (208,914)
Acquisition of undeveloped land (200,872) (98,486)
Second generation tenant improvements, leasing costs and building improvements (20,463) (26,337)
Other deferred leasing costs (11,152) (20,787)
Other assets (7,224) (4,590)
Proceeds from the repayments of notes receivable from property sales 130,000 149,890
Proceeds from land and depreciated property sales, net 97,526 433,551
Capital distributions from unconsolidated joint ventures 0 17,439
Capital contributions and advances to unconsolidated joint ventures (5,962) (2,617)
Net cash (used for) provided by investing activities (331,663) 11,963
Cash flows from financing activities:    
Proceeds from issuance of common shares, net 42,128 1,376
Payments on unsecured debt 0 (1,322)
Payments on secured indebtedness including principal amortization (43,502) (5,708)
Borrowings on line of credit, net 222,000 0
Distributions to common shareholders/unitholders (154,550) (142,807)
Distributions to noncontrolling Interest (1,180) (1,361)
Tax payments on stock-based compensation awards (5,469) (8,128)
Change in book cash overdrafts 15,874 (35,331)
Proceeds from (Payments for) Other Financing Activities (9,920) 0
Deferred financing costs 0 (285)
Net cash provided by (used for) financing activities 65,381 (193,566)
Net (decrease) increase in cash, cash equivalents and restricted cash (8,490) 49,015
Cash, cash equivalents and restricted cash at beginning of period 25,517 193,627
Cash, cash equivalents and restricted cash at end of period 17,027 242,642
Noncash operating activities:    
Liabilities and right-of-use assets - operating leases 37,810 0
Investment and Advances Related to Acquisition of Previously Unconsolidated Companies 0 5,034
Conversion of Units - NonCash Disclosure 0 1,938
Duke Realty Limited Partnership [Member]    
Cash flows from operating activities:    
Net income 116,591 269,319
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of buildings and tenant improvements 131,878 126,039
Amortization of deferred leasing and other costs 27,118 27,322
Amortization of deferred financing costs 3,121 2,840
Straight-line rental income and expense, net (10,466) (10,931)
Loss on debt extinguishment 13 151
Gain on involuntary conversion (2,259) 0
Gains on land and depreciated property sales (33,383) (201,175)
Third-party construction contracts, net 15,645 (5,122)
Other accrued revenues and expenses, net 10,021 24,760
Equity in earnings (in excess of) or less than operating distributions received from unconsolidated joint ventures (487) (2,585)
Net cash provided by operating activities 257,792 230,618
Cash flows from investing activities:    
Development of real estate investments (205,315) (227,186)
Acquisition of real estate investments and related intangible assets (108,201) (208,914)
Acquisition of undeveloped land (200,872) (98,486)
Second generation tenant improvements, leasing costs and building improvements (20,463) (26,337)
Other deferred leasing costs (11,152) (20,787)
Other assets (7,224) (4,590)
Proceeds from the repayments of notes receivable from property sales 130,000 149,890
Proceeds from land and depreciated property sales, net 97,526 433,551
Capital distributions from unconsolidated joint ventures 0 17,439
Capital contributions and advances to unconsolidated joint ventures (5,962) (2,617)
Net cash (used for) provided by investing activities (331,663) 11,963
Cash flows from financing activities:    
Contributions from the General Partner 42,128 1,376
Payments on unsecured debt 0 (1,322)
Payments on secured indebtedness including principal amortization (43,502) (5,708)
Borrowings on line of credit, net 222,000 0
Distributions to common shareholders/unitholders (155,903) (144,168)
Distributions to noncontrolling Interest 173 0
Tax payments on stock-based compensation awards (5,469) (8,128)
Change in book cash overdrafts 15,874 (35,331)
Proceeds from (Payments for) Other Financing Activities (9,920) 0
Deferred financing costs 0 (285)
Net cash provided by (used for) financing activities 65,381 (193,566)
Net (decrease) increase in cash, cash equivalents and restricted cash (8,490) 49,015
Cash, cash equivalents and restricted cash at beginning of period 25,517 193,627
Cash, cash equivalents and restricted cash at end of period 17,027 242,642
Noncash operating activities:    
Liabilities and right-of-use assets - operating leases 37,810 0
Investment and Advances Related to Acquisition of Previously Unconsolidated Companies 0 5,034
Conversion of Units - NonCash Disclosure $ 0 $ 1,938