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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows From Operating Activities:    
Net income $ 102,073 $ 93,333
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 59,462 50,419
Provision for bad debts 4,009 1,432
Gain on sale of peripheral land (403)  
Other 8,249 8,287
Increase (decrease) in cash attributable to changes in assets and liabilities:    
Receivables, restricted cash, deferred charges, and other assets 341 1,481
Accounts payable and accrued liabilities (14,014) (396)
Net Cash Provided By Operating Activities 159,717 154,556
Cash Flows From Investing Activities:    
Additions to properties (190,980) (210,959)
Proceeds from sale of peripheral land 5,415
Cash drawn from (provided to) escrow or deposits related to center construction projects (Note 2) (103,588) 18,625
Contributions to Unconsolidated Joint Ventures (10,149) (50,260)
Contribution for acquisition of Country Club Plaza (Note 2) (314,245)  
Distributions from Unconsolidated Joint Ventures in excess of income (Note 2) 176,149 1,715
Other 42 662
Net Cash Used In Investing Activities (437,356) (240,217)
Cash Flows From Financing Activities:    
Proceeds from revolving lines of credit, net 97,534 124,910
Debt proceeds 679,110 82,994
Debt payments (364,475) (20,155)
Debt issuance costs (1,620) (7,554)
Deposit in connection with anticipated refinancing (10,000)
Repurchase of common stock (207,480)
Issuance of common stock and/or partnership units in connection with incentive plans 1,843 4,629
Distributions to noncontrolling interests (Notes 5 and 7) (175,019) (33,482)
Distributions to participating securities of TRG (1,036) (985)
Contributions from noncontrolling interests (Note 7) 2,000
Cash dividends to preferred shareowners (11,569) (11,569)
Cash dividends to common shareowners (71,836) (69,742)
Net Cash Provided By (Used In) Financing Activities 154,932 (148,434)
Net Decrease In Cash and Cash Equivalents (122,707) (234,095)
Cash and Cash Equivalents at Beginning of Period 206,635 276,423
Cash and Cash Equivalents at End of Period $ 83,928 $ 42,328