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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flow from operating activities:    
Net income $ 161,603 $ 767,747
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 380,324 261,687
Impairment charges 21,758 954
Early extinguishment of debt charges 7,658 0
Equity award expense 20,185 17,971
Gain on sale of properties (10,958) (30,841)
Loss/(gain) on marketable securities, net 215,194 (542,510)
Distributions from joint ventures and other investments 66,875 54,188
Change in accounts and notes receivable, net (10,950) (3,644)
Change in accounts payable and accrued expenses 33,534 (55,569)
Change in other operating assets and liabilities, net (69,916) 11,747
Net cash flow provided by operating activities 705,756 417,270
Cash flow from investing activities:    
Acquisition of operating real estate (161,171) (102,682)
Improvements to operating real estate (128,592) (112,792)
Acquisition of Weingarten Realty Investors, net of cash acquired of $56,465 0 (263,973)
Investment in marketable securities (3,348) 0
Proceeds from sale of marketable securities 800 339
Investment in cost method investment (4,497) 0
Investments in and advances to real estate joint ventures (80,496) (7,546)
Reimbursements of investments in and advances to real estate joint ventures 31,540 9,113
Investments in and advances to other investments (12,669) (59,504)
Reimbursements of investments in and advances to other investments 29,444 48,420
Investment in other financing receivable (75,063) (26,897)
Collection of mortgage loans receivable 38,232 3,742
Proceeds from sale of properties 146,218 154,017
Net cash flow used for investing activities (219,602) (357,763)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (157,928) (136,222)
Principal payments on rental property debt (7,244) (7,481)
Proceeds from mortgage loan financings 19,000 0
Financing origination costs (19,273) (7,017)
Payment of early extinguishment of debt charges (6,955) 0
Contributions from noncontrolling interests 891 0
Redemption/distribution of noncontrolling interests (59,361) (7,558)
Dividends paid (396,182) (270,956)
Proceeds from issuance of stock, net 14,926 79,433
Repurchase of preferred stock (3,441) 0
Shares repurchased for employee tax withholding on equity awards (13,549) (20,787)
Change in tenants' security deposits 2,890 1,364
Net cash flow (used for)/provided by financing activities (697,286) 130,776
Net change in cash, cash equivalents and restricted cash (211,132) 190,283
Cash, cash equivalents and restricted cash, beginning of the period 334,663 293,188
Cash, cash equivalents and restricted cash, end of the period 123,531 483,471
Interest paid during the period, including payment of early extinguishment of debt charges of $6,955 and $0, respectively (net of capitalized interest of $445 and $482, respectively) 186,193 122,297
Revolving Credit Facility [Member]    
Cash flow from financing activities:    
Proceeds from unsecured debt 128,000 0
Senior Unsecured Notes [Member]    
Cash flow from financing activities:    
Proceeds from unsecured debt 1,250,000 500,000
Repayments of unsecured notes (1,449,060) 0
Joint Ventures [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income, net (94,060) (54,095)
Other Real Estate Investments [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income, net $ (15,491) $ (10,365)