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Note 18 - Supplemental Schedule of Non-cash Investing / Financing Activities - Non-cash Investing and Financing Activities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Acquisition of real estate interests through proceeds held in escrow $ 0 $ 36,076 $ 0
Proceeds deposited in escrow through sale of real estate interests 0 5,106 41,949
Disposition of real estate interests through the issuance of mortgage receivable 0 3,750 14,700
Disposition of real estate interests by a deed in lieu/foreclosure of debt 0 3,892 7,444
Forgiveness of debt due to a deed in lieu/foreclosure 0 6,905 12,415
Capital expenditures accrual 37,411 65,900 60,611
Surrender of restricted common stock 5,395 4,030 4,360
Dividends payable 5,366 126,274 130,262
Adjustment to estimated redemption value (2) (2,160) [1] 0 [1] 7,521
Increase in real estate and other assets, net 0 7,884 0
Increase in mortgages payable, other liabilities and noncontrolling interests 0 7,747 0
Decrease in real estate and other assets 0 0 300,299
Increase in investments in and advances to real estate joint ventures 0 0 62,429
Decrease in mortgages and construction loan payable, other liabilities and noncontrolling interests $ 0 $ 0 $ 248,274
[1] During the year ended December 31, 2020, the Company recorded an adjustment of $2.2 million to the estimated redemption fair market value of this noncontrolling interest in accordance with the provisions of the joint venture agreement and ASC 480 – Accounting for Redeemable Equity Instruments. The Company assesses the fair market value of this noncontrolling interest on a recurring basis and determined that its valuation was classified within Level 3 of the fair value hierarchy. The estimated fair market value of this noncontrolling interest was based upon a discounted cash flow model, for which a capitalization rate of 5.50% and discount rate of 6.50% were utilized in the model based upon unobservable rates that the Company believes to be within a reasonable range of current market rates. No adjustment to fair value was required during the year ended December 31, 2019.