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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (151,666) $ 67,425
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation 140,357 137,039
Net amortization of debt discounts, premiums and deferred financing fees 321 2,752
Straight line rental income (26,056) (28,666)
Amortization of acquired real estate leases 46,350 44,154
Other amortization 14,727 14,610
Loss on asset impairment 225,615  
Loss on early extinguishment of debt 60,027 1,895
Equity in earnings of investees (14,913) (8,655)
Gain on sale of equity investment (66,293)  
Distributions of earnings from investees 13,791 8,230
Net gain on sale of properties (4,955) (2,039)
Change in assets and liabilities:    
Restricted cash 2,149 (3,689)
Rents receivable and other assets (58,705) (46,790)
Accounts payable and accrued expenses 11,116 (9,140)
Rent collected in advance 1,945 (11,775)
Security deposits 527 415
Due to related persons (4,677) 20,646
Cash provided by operating activities 189,660 186,412
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate acquisitions (154,430) (389,536)
Real estate improvements (80,239) (86,077)
Principal payments received from direct financing lease 5,196 4,954
Principal payments received from real estate mortgages receivable 1,000  
Proceeds from sale of properties, net 37,699 9,643
Proceeds from sale of equity investment, net 239,576  
Distributions in excess of earnings from investees 168 4,307
Investment in Affiliates Insurance Company   (5,335)
Increase in restricted cash (3,008) (2,073)
Deconsolidation of a subsidiary (12,286)  
Cash provided by (used in) investing activities 33,676 (464,117)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common shares, net 626,809 180,814
Redemption of preferred shares   (150,000)
Repurchase and retirement of outstanding debt securities (728,021)  
Proceeds from borrowings 1,036,000 1,368,500
Payments on borrowings (964,258) (1,055,681)
Deferred financing fees (1,204) (14,734)
Distributions to common shareholders (80,106) (125,588)
Distributions to preferred shareholders (33,453) (41,558)
Distributions to noncontrolling interest in consolidated subsidiary (14,863) (4,508)
Cash (used in) provided by financing activities (159,096) 157,245
Effect of exchange rate changes on cash (469) 377
Increase (decrease) in cash and cash equivalents 63,771 (120,083)
Cash and cash equivalents at beginning of period 102,219 192,763
Cash and cash equivalents at end of period 165,990 72,680
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 156,841 165,874
Taxes paid 1,197 568
NON-CASH INVESTING ACTIVITIES:    
Real estate acquisitions   (243,212)
Investment in real estate mortgages receivable (7,688) (1,419)
NON-CASH FINANCING ACTIVITIES:    
Issuance of common shares 1,535 986
Assumption of mortgage notes payable   $ 243,212