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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flow from operating activities:    
Net income $ 355,105 $ 305,452
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 275,787 264,436
Impairment charges 34,280 68,126
Deferred taxes (238) 56,143
Early extinguishment of debt charges 1,753 45,674
Equity award expense 17,836 15,292
Gain on sale of operating properties (62,102) (81,873)
Gain on change in control of interests (71,160) (53,096)
Equity in income of joint ventures, net (37,044) (190,155)
Equity in income from other real estate investments, net (61,952) (22,532)
Distributions from joint ventures and other real estate investments 41,071 70,043
Change in accounts and notes receivable (189) 3,779
Change in accounts payable and accrued expenses 37,884 23,931
Change in Canadian withholding tax receivable 4,138 (5,257)
Change in other operating assets and liabilities (41,353) (55,437)
Net cash flow provided by operating activities 493,816 444,526
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets (110,802) (181,548)
Improvements to operating real estate (136,534) (102,084)
Acquisition of real estate under development (10,010) (51,588)
Improvements to real estate under development (121,764) (42,042)
Investment in marketable securities (9,822) (2,466)
Proceeds from sale of marketable securities 2,442 1,907
Investments in and advances to real estate joint ventures (26,788) (50,058)
Reimbursements of investments in and advances to real estate joint ventures 17,529 70,669
Distributions from liquidation of real estate joint ventures 135,648
Return of investment from liquidation of real estate joint ventures 190,102
Investment in other real estate investments (666) (233)
Reimbursements of investments and advances to other real estate investments 40,514 11,489
Collection of mortgage loans receivable 760 688
Reimbursements of other investments 500
Proceeds from sale of operating properties 76,869 262,708
Proceeds from sale of development properties 4,551
Net cash flow (used for)/provided by investing activities (278,272) 248,243
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (678,939) (602,079)
Principal payments on rental property debt (11,508) (15,316)
Proceeds from mortgage loan financings 206,000
(Repayments)/proceeds from unsecured revolving credit facility, net (42) 226,447
Proceeds from issuance of unsecured notes 1,250,000 650,000
Repayments under unsecured term loan/notes (460,988) (861,850)
Financing origination costs (22,975) (14,033)
Payment of early extinguishment of debt charges (2,461) (45,674)
Change in tenants' security deposits 891 1,240
Contributions from noncontrolling interests 1,422
Conversion/distribution of noncontrolling interests (95,410) (3,190)
Dividends paid (381,182) (354,112)
Proceeds from issuance of stock, net 218,750 306,809
Redemption of preferred stock (225,000)
Net cash flow used for financing activities (201,442) (711,758)
Change in cash and cash equivalents 14,102 (18,989)
Cash and cash equivalents, beginning of period 142,486 189,534
Cash and cash equivalents, end of period 156,588 170,545
Interest paid during the period (net of capitalized interest of $10,671 and $3,762, respectively) 118,736 194,234
Income taxes paid during the period (net of refunds received of $8,323 and $86,100, respectively) $ (6,694) $ 34,296