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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 2,936 $ (4,160)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 30,333 28,576  
Distributions of operating income from unconsolidated affiliates 2,054 4,724  
Equity in earnings and gains of unconsolidated affiliates (2,271) (1,684)  
Stock compensation expense 3,454 3,809  
Amortization of financing costs 1,743 1,375  
Gain on disposition of properties (2,014)    
Other, net (6,614) (1,889)  
Changes in assets and liabilities:      
Other liabilities (7,068) 1,461  
Prepaid expenses and other assets (390) (2,240)  
Rents receivable, net 2,283 (2,359)  
Accounts payable and accrued expenses (4,661) (4,674)  
Net cash provided by operating activities 19,785 22,939  
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition of real estate (32,034) (46,171)  
Development, construction and property improvement costs (19,909) (18,136)  
Issuance of or advances on notes receivable   (2,951)  
Proceeds from the disposition of properties, net 9,779    
Investments in and advances to unconsolidated affiliates (48,983) (1,847)  
Return of capital from unconsolidated affiliates and other 1,635 16,210  
Proceeds from notes receivable   26,000  
(Payment) return of deposits for properties under contract (1,952) 1,750  
Payment of deferred leasing costs (1,549) (1,134)  
Net cash used in investing activities (93,013) (26,279)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Principal payments on mortgage and other notes (8,014) (45,246)  
Principal payments on unsecured debt (124,140) (420,500)  
Proceeds received on mortgage and other notes 101,655 47,273  
Proceeds from unsecured debt 80,940 447,800  
Payments for repurchase of Common Shares   (31,961)  
Payments of finance lease obligations (625)    
Proceeds from the sale of Common Stock 27,834    
Capital contributions from noncontrolling interests 32,191    
Distributions to noncontrolling interests (4,999) (2,411)  
Dividends paid to Common Shareholders (22,836) (22,601)  
Deferred financing and other costs (3,334) (2,822)  
Net cash provided by (used in) financing activities 78,672 (30,468)  
Increase (decrease) in cash and restricted cash 5,444 (33,808)  
Cash of $21,268 and $74,823 and restricted cash of $13,580 and $10,846, respectively, beginning of period 34,848 85,669 $ 85,669
Cash of $27,765 and $39,344 and restricted cash of $12,527 and $12,517, respectively, end of period 40,292 51,861 $ 34,848
Supplemental disclosure of cash flow information      
Cash paid during the period for interest, net of capitalized interest of $2,575 and $1,492 respectively 16,898 11,910  
Cash paid for income taxes, net of refunds 113 673  
Supplemental disclosure of non-cash investing activities      
Assumption of accounts payable and accrued expenses through acquisition of real estate 159 425  
Right-of-use assets, finance leases obtained in exchange for finance lease liabilities 5,664    
Right-of-use assets, finance leases obtained in exchange for assets under capital lease 76,965    
Right-of-use assets, operating leases obtained in exchange for operating lease liabilities 11,871    
Capital lease obligation exchanged for finance lease liability 71,111    
Other liabilities exchanged for operating lease liabilities $ 946    
Acquisition of undivided interest in a property through conversion of notes receivable   $ 22,201