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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 25,833 $ 64,541
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 80,512 96,006
Net amortization of debt discounts, premiums and deferred financing fees (612) 913
Straight line rental income (7,201) (19,798)
Amortization of acquired real estate leases 27,806 33,060
Other amortization 9,579 9,806
Loss on asset impairment 20,282 8,535
Loss on early extinguishment of debt 3,345 60,027
Equity in earnings of investees (23,388) (4,421)
Loss (gain) on sale of equity investments 33 (66,293)
Gain on issuance of shares by an equity investee (17,020)  
Distributions of earnings from investees 20,680 4,111
Net gain on sale of properties   (4,955)
Other non-cash expenses 18,402  
Change in assets and liabilities:    
Restricted cash 641 966
Rents receivable and other assets (19,856) (22,449)
Accounts payable and accrued expenses (7,833) (15,737)
Rent collected in advance (2,339) (7,730)
Security deposits 241 122
Due to related persons 47 (3)
Cash provided by operating activities 129,152 136,701
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate acquisitions   (165,110)
Real estate improvements (60,437) (53,908)
Principal payments received from direct financing lease 3,612 3,444
Proceeds from sale of properties, net 185,179 33,863
Proceeds from sale of equity investments, net 5,776 239,576
Distributions in excess of earnings from investees   168
Increase in restricted cash (1,369) (2,349)
Cash provided by investing activities 132,761 55,684
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common shares, net   626,809
Repurchase and retirement of outstanding debt securities   (728,021)
Proceeds from borrowings   936,000
Payments on borrowings (15,998) (962,207)
Deferred financing fees   (1,200)
Distributions to common shareholders (29,597) (50,527)
Distributions to preferred shareholders (11,151) (22,302)
Distributions to noncontrolling interest in consolidated subsidiary   (14,863)
Cash used in financing activities (56,746) (216,311)
Effect of exchange rate changes on cash 757 (773)
Increase (decrease) in cash and cash equivalents 205,924 (24,699)
Cash and cash equivalents at beginning of period 222,449 102,219
Cash and cash equivalents at end of period 428,373 77,520
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 77,120 109,108
Taxes paid 2,732 1,134
NON-CASH INVESTING ACTIVITIES:    
Investment in real estate mortgage receivable   $ (7,688)