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Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 154,333,000 $ 159,365,000 $ 152,716,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 71,349,000 67,173,000 59,525,000
Amortization 4,437,000 5,790,000 3,563,000
Straight-line rental income (22,787,000) (26,090,000) (22,198,000)
Non-cash interest income on construction loan (1,680,000) (792,000) (1,021,000)
Loan and realty losses (recoveries), net (5,115,000) 0 (15,856,000)
Gain on sale of real estate 0 (50,000) (4,582,000)
Loss on extinguishment of debt (738,000) (2,214,000) 0
Gain on purchase liability settlement 0 0 1,657,000
Net realized gains on sales of marketable securities 0 (10,038,000) (29,673,000)
Share-based compensation 2,490,000 2,612,000 1,732,000
Amortization of commitment fees and note receivable discounts (662,000) (517,000) (693,000)
Payment of lease incentives (5,280,000) 0 0
Amortization of Lease Incentives 387,000 119,000 40,000
Income from equity-method investee 0 0 1,214,000
Change in operating assets and liabilities:      
Equity-method investment and other assets (5,298,000) (3,602,000) 437,000
Accounts payable and accrued expenses 4,587,000 1,607,000 2,764,000
Deferred income 140,000 304,000 (1,385,000)
Net cash provided by operating activities 207,869,000 198,095,000 176,638,000
Cash flows from investing activities:      
Investment in mortgage and other notes receivable (106,991,000) (49,853,000) (92,051,000)
Collection of mortgage and other notes receivable 4,346,000 43,168,000 84,228,000
Investment in real estate (131,758,000) (157,214,000) (359,257,000)
Investment in real estate development 0 (10,691,000) (32,102,000)
Investment in renovations of existing real estate (15,887,000) (7,888,000) (3,378,000)
Payment allocated to cancellation of lease purchase option 0 0 6,400,000
Payment of real estate purchase liability 0 0 (8,208,000)
Proceeds from disposition of real estate properties 0 450,000 27,723,000
Proceeds from sales of marketable securities 0 18,182,000 59,607,000
Net cash used in investing activities 250,290,000 163,846,000 329,838,000
Cash flows from financing activities:      
Payments on revolving credit facility 306,000,000 269,000,000 124,000,000
Payments on revolving credit facility (443,000,000) (206,000,000) 0
Borrowings on term loan 300,000,000 250,000,000 75,000,000
Payments of term loans (1,144,000) (250,822,000) (767,000)
Debt issuance costs (2,171,000) (4,935,000) (258,000)
Taxes remitted in relation to employee stock options exercised (1,835,000) (571,000) (1,133,000)
Proceeds from equity offering, net 81,784,000 122,237,000 104,190,000
Convertible bond redemption (29,985,000) (60,921,000) 0
Proceeds from exercise of stock options 0 0 (1,000)
Distributions to noncontrolling interest 0 0 (1,565,000)
Distribution to acquire non-controlling interest 0 0 (17,000,000)
Dividends paid to stockholders (165,391,000) (153,040,000) (138,303,000)
Net cash provided by (used in) financing activities 44,258,000 (35,052,000) 144,165,000
Increase (decrease) in cash and cash equivalents 1,837,000 (803,000) (9,035,000)
Cash and cash equivalents and restricted cash, beginning of period 8,075,000 8,878,000 17,913,000
Cash and cash equivalents and restricted cash, end of period 9,912,000 8,075,000 8,878,000
Supplemental disclosure of cash flow information:      
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 45,882,000 43,191,000 39,539,000
Supplemental schedule of non-cash investing and financing activities:      
Settlement of mortgage note by real estate acquisition 1,800,000 0 0
Tax deferred exchange funds applied to investment in real estate 0 0 (227,000)
Conditional consideration in asset acquisition (750,000) 0 0
Settlement of contingent asset acquisition liability 818,000 0 0
Accounts payable increase due to investments in real estate (1,689,000) (1,855,000) (430,000)
Tenant investment in leased asset 3,775,000 1,250,000 0
Reclass of note balance into real estate investment 0 0 9,753,000
Assumption of debt in real estate acquisition 0 18,311,000 0
Unsettled marketable securities sales transactions 0 0 6,464,000
Non-cash sale of equity-method investment 0 0 8,100,000
Tenant forfeiture of lease escrow deposit $ 10,637,000 $ 0 $ 0