CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 425,507	$ 210,597
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	4,382	7,403
Net amortization of debt discounts, premiums and deferred financing fees	(56)	165
Straight line rental income	198	(837)
Amortization of acquired real estate leases	0	53
Other amortization	732	1,034
Amortization of right-of-use asset	189	181
Share-based compensation	3,303	3,927
Net gain on sale of properties	(419,620)	(193,037)
Change in assets and liabilities:
Rents receivable and other assets	(733)	(6,815)
Accounts payable, accrued expenses and other	(1,128)	(8,030)
Rent collected in advance	(996)	(1,871)
Net cash provided by operating activities	11,778	12,770
CASH FLOWS FROM INVESTING ACTIVITIES:
Real estate improvements	(1,540)	(14,340)
Proceeds from sale of properties, net	572,599	427,379
Proceeds from maturity of marketable securities	0	250,000
Net cash provided by investing activities	571,059	663,039
CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchase and retirement of common shares	(26,881)	(5,342)
Payments on borrowings	(148)	(143)
Distributions to common shareholders	(1,936)	(1,160)
Distributions to preferred shareholders	(1,997)	(1,997)
Distributions to holders of noncontrolling interest	(997)	0
Net cash used in financing activities	(31,959)	(8,642)
Increase in cash, cash equivalents, and restricted cash	550,878	667,167
Cash, cash equivalents, and restricted cash at beginning of period	2,800,645	2,404,101
Cash, cash equivalents, and restricted cash at end of period	3,351,523	3,071,268
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	366	7,714
Taxes refunded, net	(2,045)	(2)
NON-CASH INVESTING ACTIVITIES:
Recognition of right-of-use asset and lease liability	0	1,503
Accrued capital expenditures	1,071	2,907
NON-CASH FINANCING ACTIVITIES:
Total cash, cash equivalents, and restricted cash shown in the statements of cash flows	$ 3,351,523	$ 3,071,268

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- Definition

Amount of increase in right-of-use asset obtained in exchange for operating lease liability.

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Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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- Definition

Amount of noncash expense for share-based payment arrangement.

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- Definition

Difference between actual rental income due and rental income recognized on a straight-line basis.

+ References

+ Details

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- References

No definition available.

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