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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 224,709 $ 18,011
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 21,740 41,237
Net amortization of debt discounts, premiums and deferred financing fees 1,446 1,562
Straight line rental income (2,550) (8,930)
Amortization of acquired real estate leases 1,562 4,955
Other amortization 3,505 5,607
Share-based compensation 10,480 10,732
Loss on asset impairment 12,087 19,714
Loss on marketable securities 4,987 0
Loss on early extinguishment of debt 6,403 63
Net gain on sale of properties (232,148) (19,590)
Change in assets and liabilities:    
Rents receivable and other assets (16,856) (19,902)
Accounts payable, accrued expenses and other (8,514) (10,469)
Rent collected in advance (2,971) 1,166
Cash provided by operating activities 23,880 44,156
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate improvements (32,203) (37,985)
Insurance proceeds received 1,443 4,000
Proceeds from sale of properties, net 807,322 185,300
Purchase of marketable securities 0 (276,238)
Proceeds from sale of marketable securities 23,933 0
Cash provided by (used in) investing activities 800,495 (124,923)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase and retirement of common shares (89,910) (209)
Payments on borrowings (575,526) (42,124)
Contributions from holders of noncontrolling interest 1 31
Distributions to preferred shareholders (3,994) (3,994)
Cash used in financing activities (669,429) (46,296)
Increase (decrease) in cash, cash equivalents, and restricted cash 154,946 (127,063)
Cash, cash equivalents, and restricted cash at beginning of period 2,360,590 2,101,206
Cash, cash equivalents, and restricted cash at end of period 2,515,536 1,974,143
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 17,704 28,416
Taxes paid, net 2,417 729
NON-CASH INVESTING ACTIVITIES:    
Decrease in accrued capital expenditures (2,629) (2,456)
Total cash, cash equivalents, and restricted cash shown in the statements of cash flows $ 2,360,590 $ 2,101,206