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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 355,165 $ 257,860
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of buildings and tenant improvements 158,194 156,470
Amortization of deferred leasing and other costs 29,751 28,832
Amortization of deferred financing costs 4,958 4,888
Straight-line rental income and expense, net (21,808) (14,497)
Asset Impairment Charges 1,563 0
Loss on debt extinguishment 21,948 4,008
Gain on involuntary conversion 0 (3,222)
Gain on land and property sales (238,696) (127,681)
Third-party construction contracts, net 1,649 (1,588)
Other accrued revenues and expenses, net 12,329 23,993
Operating distributions received in excess of (less than) equity in earnings from unconsolidated joint ventures 3,059 (17,113)
Net cash provided by operating activities 328,112 311,950
Cash flows from investing activities:    
Development of real estate investments (353,492) (332,091)
Acquisition of buildings and related intangible assets (89,113) (218,788)
Acquisition of land and other real estate assets (308,554) (223,280)
Second generation tenant improvements, leasing costs and building improvements (33,457) (33,747)
Other deferred leasing costs (20,678) (16,448)
Other assets (11,525) (48,736)
Proceeds from land and depreciated property sales, net 334,696 265,973
Capital distributions from unconsolidated joint ventures 33,645 20,503
Capital contributions and advances to unconsolidated joint ventures (12,519) (8,986)
Net cash used for investing activities (460,997) (595,600)
Cash flows from financing activities:    
Proceeds from issuance of common shares, net 116,107 187,217
Proceeds from unsecured debt 500,000 446,634
Payments on unsecured debt (320,110) (127,758)
Payments on secured indebtedness including principal amortization (2,143) (2,028)
Repayments on line of credit, net 0 (30,000)
Distributions to common shareholders/unitholders (214,824) (191,082)
Distributions to noncontrolling Interest (2,532) (2,116)
Tax payments on stock-based compensation awards (7,254) (4,757)
Change in book cash overdrafts 24,745 3,758
Other Financing Activities 48 (270)
Deferred financing costs (2,418) (9,961)
Redemption of Limited Partner Units 0 (37)
Net cash provided by financing activities 91,619 269,600
Net decrease in cash, cash equivalents and restricted cash (41,266) (14,050)
Cash, cash equivalents and restricted cash at beginning of period 103,164 67,223
Cash, cash equivalents and restricted cash at end of period 61,898 53,173
Noncash activities:    
Lease liabilities arising from right-of-use assets 636 18,257
Assumption of indebtedness and other liabilities in real estate acquisitions 22,163 84,354
Contribution of properties to unconsolidated joint venture 67,148 0
Non-cash distribution of assets from unconsolidated joint ventures, net 0 11,124
Issuance of Limited Partner Units for acquisition 0 11,576
Duke Realty Limited Partnership [Member]    
Cash flows from operating activities:    
Net income 355,165 257,860
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of buildings and tenant improvements 158,194 156,470
Amortization of deferred leasing and other costs 29,751 28,832
Amortization of deferred financing costs 4,958 4,888
Straight-line rental income and expense, net (21,808) (14,497)
Asset Impairment Charges 1,563 0
Loss on debt extinguishment 21,948 4,008
Gain on involuntary conversion 0 (3,222)
Gain on land and property sales (238,696) (127,681)
Third-party construction contracts, net 1,649 (1,588)
Other accrued revenues and expenses, net 12,329 23,993
Operating distributions received in excess of (less than) equity in earnings from unconsolidated joint ventures 3,059 (17,113)
Net cash provided by operating activities 328,112 311,950
Cash flows from investing activities:    
Development of real estate investments (353,492) (332,091)
Acquisition of buildings and related intangible assets (89,113) (218,788)
Acquisition of land and other real estate assets (308,554) (223,280)
Second generation tenant improvements, leasing costs and building improvements (33,457) (33,747)
Other deferred leasing costs (20,678) (16,448)
Other assets (11,525) (48,736)
Proceeds from land and depreciated property sales, net 334,696 265,973
Capital distributions from unconsolidated joint ventures 33,645 20,503
Capital contributions and advances to unconsolidated joint ventures (12,519) (8,986)
Net cash used for investing activities (460,997) (595,600)
Cash flows from financing activities:    
Contributions from the General Partner 116,107 187,217
Proceeds from unsecured debt 500,000 446,634
Payments on unsecured debt (320,110) (127,758)
Payments on secured indebtedness including principal amortization (2,143) (2,028)
Repayments on line of credit, net 0 (30,000)
Distributions to common shareholders/unitholders (216,996) (192,983)
Distributions to noncontrolling Interest (360) (215)
Tax payments on stock-based compensation awards (7,254) (4,757)
Change in book cash overdrafts 24,745 3,758
Other Financing Activities 48 (270)
Deferred financing costs (2,418) (9,961)
Redemption of Limited Partner Units 0 (37)
Net cash provided by financing activities 91,619 269,600
Net decrease in cash, cash equivalents and restricted cash (41,266) (14,050)
Cash, cash equivalents and restricted cash at beginning of period 103,164 67,223
Cash, cash equivalents and restricted cash at end of period 61,898 53,173
Noncash activities:    
Lease liabilities arising from right-of-use assets 636 18,257
Assumption of indebtedness and other liabilities in real estate acquisitions 22,163 84,354
Contribution of properties to unconsolidated joint venture 67,148 0
Non-cash distribution of assets from unconsolidated joint ventures, net 0 11,124
Issuance of Limited Partner Units for acquisition $ 0 $ 11,576