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Consolidated Statements Of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 105,462,000 $ 148,148,000
Changes in operating assets and liabilities:    
Depreciation 61,499,000 62,126,000
Amortization of Debt Issuance Costs 3,281,000 3,775,000
Amortization of commitment fees (645,000) (581,000)
Amortization of lease incentives 774,000 735,000
Straight-line rental income (12,189,000) (15,481,000)
Non-cash interest income on construction loan (1,351,000) (2,865,000)
Gains (Losses) on Sales of Investment Real Estate (26,426,000) (21,007,000)
Income (Loss) from Equity Method Investments 2,274,000 2,018,000
Gain (Loss) on Extinguishment of Debt 451,000 0
Loan and realty losses 23,596,000 1,002,000
Payment of Tenant Lease Incentives (1,042,000) (498,000)
Share-based compensation 7,427,000 2,772,000
Change in operating assets and liabilities:    
Other assets (3,138,000) (835,000)
Accounts payable and accrued expenses (2,591,000) (2,513,000)
Deferred income 119,000 (269,000)
Net cash provided by operating activities 157,501,000 176,527,000
Cash flows from investing activities:    
Investment in mortgage and other notes receivable (54,887,000) (41,715,000)
Collection of mortgage and other notes receivable 64,509,000 33,895,000
Investment in real estate (46,817,000) (102,712,000)
Proceeds from Sale of Wholly Owned Real Estate and Real Estate Acquired in Settlement of Loans 203,147,000 39,260,000
Payments to Renovate Real Estate (3,006,000) (11,113,000)
Payments to Develop Real Estate Assets (64,000) (158,000)
Payments to Acquire Equity Method Investments 0 (875,000)
Proceeds from Equity Method Investment, Distribution 476,000 0
Net cash used in investing activities 163,358,000 (83,418,000)
Cash flows from financing activities:    
Proceeds from revolving credit facilities 95,000,000 145,000,000
Payments on revolving credit facilities (393,000,000) (157,000,000)
Borrowings on term loan 0 100,000,000
Repayments of Long-term Debt (250,277,000) (917,000)
Proceeds from Issuance of Senior Long-term Debt 396,784,000 0
Debt issuance costs (5,018,000) (1,039,000)
Proceeds from issuance of common shares, net 47,904,000 4,791,000
Payments to Noncontrolling Interests (692,000) (537,000)
Payments for Repurchase of Redeemable Convertible Preferred Stock (66,076,000) 0
Dividends paid to stockholders (141,632,000) (145,270,000)
Value of shares withheld from options exercised for employee tax withholding 0 (2,705,000)
Proceeds from Noncontrolling Interests 0 13,000
Net cash provided by (used in) financing activities (317,007,000) (57,664,000)
Increase in cash and cash equivalents and restricted cash 3,852,000 35,445,000
Cash and cash equivalents and restricted cash, beginning of period 50,195,000 51,114,000
Supplemental disclosure of cash flow information:    
Interest paid, net of amounts capitalized 34,991,000 33,174,000
Supplemental schedule of non-cash investing and financing activities:    
Change in mortgage notes receivable related to investments in real estate   63,220,000
Noncontrolling Interest, Noncash Increase from Subsidiary Equity Issuance   10,778,000
Increase in mortgage note receivable from sale of real estate   4,000,000
Change in other assets related to investments in real estate   348,000
Noncash or Part Noncash Acquisition, Other Assets Acquired 12,814,000  
Change in accounts payable related to investments in real estate construction (112,000) (1,744,000)
Change in accounts payable related to distributions to noncontrolling interests $ 5,000 85,000
Change in Accounts Payable, Renovations of existing real estate   $ 355,000